Topic: What is the most influential factor that triggers bitcoin prices to fall down? - page 15. (Read 2474 times)

This makes sense. The reason is these people are called whales. They have much to store than a normal user. And they don’t sell randomly. There are groups and mafias regulated only for this purpose. They want to make the bitcoins controlled under their supervision and yes theory are somehow controlling it. These people sell with a proper plan and thus supply gets enough in the market, so prices falls.

I do think that the most important factor that determines it's price is undeniably the government support.

There are many other factors too but I do feel that it's d most important one .

Since people are only allowed to get involved with the cryptocurrency Seriously if the government accepts it and doesn't interfer with it in any way.

We can easily see the examples where due to government's decision the price of Bitcoins fell tremendously and still we are experiencing this .

Price of any currency is determined by the flow of demand and supply. December is a festival season all over the world. Every year by the end of the year all markets goes low, investors withdraw their profits by selling their investments. When purching power becomes less prices goes down. Same has happened with bitcoin and altcoins. Other than this bitcoin`s strong supporter Korea banned bitcoin by giving security reason. Bitcoin investors are already unhappy with the increased transaction charges. All these reasons all together affected bitcoin price.

As what everyone stated that it is moved through the demand and supply of the coin, but if we stated that it is on demand and supply, in what practical way does it happen? Is it only on the rate of investors over the rate of sellers or whales? Such wide factors affect the Bitcoin's price.

Seasons/Holidays - these are the most influential thing to happen and it will always happen. It is just that the Bitcoin is really a strong cryptocurrency that's why it beats the market cap that it struggles to get over in a fall. There will be a lot of sellers during a day to celebrate the specified holiday. The demand is getting beaten up by the massive withdrawals of people causing the price to all

Regulations/Ban - now this. This causes trouble and it always have the probability to happen anytime. Especially for the ban of Bitcoin, it causes a lot people to panic at the banning of Bitcoin to avoid getting trouble with the law about getting caught using Bitcoin. The closure of many exchanges adds up to this panic, because those people don't have any means to trade but locally. They can still trade but it is more difficult and more time consuming.

New coins - now this is quite uncommon as Bitcoin was already known for its legacy/history. Bringing up the new coins, as its potential competitor, makes the investors be curious of the new coin being proposed to hit the market due to its capabilities or uniqueness that you can't find in Bitcoin. If the x coin is starting to get a lot of investors, those investment could be better invested in Bitcoin but instead were invested in other coins, regardless of how much money was allocated. If the coins succeed to crowdfund and it is now popular in the market. More and more investors will be attracted to it causing reduction in the investments to Bitcoin.

The only influential factor that triggers bitcoin prices to fall down is the law of demand and supply. If we would only analyze the last week of December 2017 gives so much value appreciation for bitcoin that is because many keeps holding it as a way of investment while the supply is getting fewer and after the pump many people sold their coins to get the profit they want which makes the availability of bitcoin in the circulation and for the people to buy it again the price must drop and so this is what is happening now.

For me, the factor that triggers the price of bitcoin to go down and up is the demand and the supplies of bitcoin. As we all know when the demand increases the price will also increase. The price hiked that happened last december 2017 is due to many people have bought bitcoin then since they have lots of money during christmas season. And at the start of the year 2018, the price starts to fall down because people sell their bitcoins to earn their profit.

factors affecting bitcoin prices ie volume and bitcoin deployment. To see the relationship between the two, we can first understand the basic fluctuations of bitcoin that are really determined by market supply and demand. Bitcoin will drop if many sell in large quantities. If in the future bitcoin volume increases and the distribution is uniform, then volatility will slack off by itself.

I think bitcoin price usually go down in the first few months of the year because there are many holidays that goes first before the start of a year. Lets say for example the christmas and new year where many of the investors sell their bitcoins to be used in the holidays. In january or febuary the chinese people celebrate their chinese new year, so there is still token selling that is happening in the market. It is always been explained in the supply and demand theory in accordance to the economy movement.

I've noticed that the price of bitcoin does tend to take a dip after the Christmas/New Year period..
I guess its holiday time so people are cashing out to have a bit of extra spending money.

Bitcoin and cryptocurrency is so volatile mainly because a lot of the money comes from inexperienced investors.
Inexperienced investors are way more prone to having weak hands who tend to panic-sell with every little bit of fud they hear.
Supply and demand obviously make the market go round, but the main thing that affects this is emotions (fud, fomo) and market sentiment.
Sometimes this happens even without logic.

The entire crypto market is still very much in its infancy, with new bans and tighter regulations happening everywhere, further adding to the panic and volatility. Hopefully as time goes goes on, the volatility will level out as investors become more sophisticated.

At the end of the day, we need to remember to be patient, don't get caught up in fud and fomo, only invest in worthy projects and hodl strong!!  

I've also seen these articles about Chinese New Year causing the drop in Bitcoin's price, but I'm a bit skeptical about that.
How on earth would you even go about proving something like that? I doubt it's even Chinese exchanges that are solely responsible for the price drop.

Other news might have a bigger impact, rumors of countries seeking to ban or regulate Bitcoin.

I think one of the main factor that affect the decreasing value of bitcoin since the start of the year would be the banning of South Korea and China who have been one of the biggest in crypto playing field. And of course as a reaction people from that countries will sell their btc, and other people from outside those country were discouraged and sell theirs also which resulted to low demand. But times like this would be good opportunity to buy more btc, soon I'm m sure btc will rise and recover from this low point of market.

The biggest factor why BTC price goes down of course the supply is high because investors are dumping or selling thier BTC maybe of some factors specially during holidays  were people needed cash to be used durings those time, the uncertainty of bitcoin future ,because China had banned bitcoin in thier country. But of course we can expect that BTC will surely bounces back because there are some country who will open thier door on crypto currency. But for an investors who are looking for opportunity this the right time to buy BTC. This a chance for a life time.

Because some investors sell their bitcoin in christmas and new year, the effects the price will drop down. But after new year investors will buy bitcoin after the price drop and it will effects the price come up again. It's a normal situation, just keep bitcoin for your future and you will see the profit you get it.

Lots of news that could affect the human factor (market sentiment) in the crypto currency market. For example, the news about the capture of Ross Ulbricht, the operator of Silk Road site that uses Bitcoin a lot, makes the price of Bitcoin down by 25%.

yes, I agree with you if the demand on the bitcoin market increases this of course will greatly affect the bitcoin price that will continue to follow the demand for bitcoin because of the many investors who invest in bitcoin. I think there are several factors that cause bitcoin values ​​to decline in recent weeks and one of the factors that cause bitcoin prices to drop dramatically is the turmoil about banning the use of bitcoin in some countries that has caused investors to diminish due to the impact of the ban.

Your right being of volatile bitcoin it can affect when the demand was low, have you notice that last few months many countries had banning bitcoin to their places. Like South Korea, China and Indonesia these country was opposed by bitcoin and of course bitcoin holder their are selling bitcoin that's i think the one factor that triggers bitcoin prices to fall down. Some are spreading fake news through bitcoin that's why more bitcoin holder sold out their bitcoin.

just hold+patience=profit 

I think when the biggest holder of coins started to sell their coins and the demand of coins started to fall, thats triggers the Bitcoin price to fall..

i agree...the bad news that circulating in the media that their is countries banning exchanges makes people panic..though they may sell their bitcoin in low price but because of the said controversies many doubted and are hesitant also to buy or invest bitcoin

I agree, there are a lots of factors may affect the value of bitcoin which can't easily determined the distinctive factor that may occured. On my opinion the most possible factors fluctuating the value of bitcoin are those huge investors that they hold and on the other hand they cash out their huge value of shares. Also, the  negative speculation around here in bitcoin community which made a panic selling and the value of bitcoin will go down. Well, the situation is just like the law if supply and demand that will differ time to time which it will come back to stabilize value after the fall down likewise vice versa situation.

Most of the comments here are the supply and demand which really affect bitcoin price since last year. But I think the most important here is the interest of the people in bitcoin specially how media is manipulating the news. All of them are publishing negative issues that people because curious if it is worth it to buy bitcoin today. For the big players in crypto currency, its really the time to buy bitcoin which came from ATH of 19K+ hoping to its new heights. But since investor are being careful, the price become uncertain to predict.