Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?
Since prices are going down, the tendency is, holders cashed out their bitcoins because of the fear of loss on their part. Supply will then come in and, law of supply and demand, if supply is great but demand is low then prices would go down. 
Topic: What is the most influential factor that triggers bitcoin prices to fall down? - page 16. (Read 2451 times)
January 28, 2018, 11:57:51 PM
January 28, 2018, 11:16:06 PM
Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?
As what I read in various opinions of the people, price of bitcoin tends to go down in the first few months of the year because some of them are cashing out their gains to spend on Chinese New Year. Last December, people invested in crypto because they have extra money from bonuses and seeing that they have gains, maybe they decided to cash out some to spend on holidays. There is also an effect of the news about Korea banning cryptocurrencies which results in a panic sell and now it is slowly recovering. If you look at the pattern of the previous years, you may want to grab some coins now because maybe after a few months you would say to yourself that you should have bought more in January.
January 28, 2018, 10:28:19 PM
I think the status of demand versus supply makes a lot of influence when it comes to bitcoin pricing, this January 2018 prices of bitcoin and all other alts drops because last year the demand of bitcoin drops after hitting its all time high since many people decided to sold their coins and enjoy the profit up to the end of December 2017 and since more bitcoin are now available in the circulation the value needs to decrease so that demand will started to grow again by making investment from different people
January 28, 2018, 09:22:36 PM
Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?
As a relatively young digital currency, Bitcoin volume is still very small when compared to other assets such as gold, let alone conventional currency such as US Dollar. Bitcoin fluctuations are really determined by supply and demand in the market. If many people buy Bitcoin in large quantities, of course the price will rise sharply. In contrast, the value of Bitcoin may decline if many of its owners sell in large quantities. Well, the situation as it is today (its decline in prices) is triggered by Bitcoin's sales action in large-scale volume by its owners. 
January 28, 2018, 09:08:52 PM
Government regulations and fake news affect the price significantly. Some famous guy announces that 'bitcoin is dead' and weak hands sell like nuts..
Indeed, supply and demand are the primary cause of the price change and that remains true for every market. But perhaps, OP is asking about what causes this 'supply and demand' changes i.e., external effects like FUD and FOMO
Indeed, supply and demand are the primary cause of the price change and that remains true for every market. But perhaps, OP is asking about what causes this 'supply and demand' changes i.e., external effects like FUD and FOMO
January 28, 2018, 09:08:10 PM
Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?
I would like to take you through January's growth trend of every year starting from 2014 as per coinmarketcap.com;
Jan 01 2014 : Price - $769.08
Jan 31 2014 : Price - $823.08
Jan 01 2015: Price - $317.85
Jan 30 2015: Price - $232.82
Jan 2, 2016: Price - $433.44
Jan 30, 2016 : Price - $378.18
Jan 01, 2017 : Price - $972.95
Jan 31 2017 : Price - $953.96
Jan 2, 2018 : Price - $13,670.60
Today's price: $11,855.20
We have around 30 to 45 percentage dip compared to January 1st week and last week. Do the investors go on holidays and countries look at the positive and negative of adapting crypto currencies in January? Because few countries ban and few countries adapt. These two things caused this fall every year? I am sure yes.
January 28, 2018, 08:40:33 PM
There are so many things that the community is pointing when it comes to the reasons why bitcoin and other coins' prices. Some say it is about politics, the country, the community, these are all non-sense, for me. The reason why the prices goes high and falls down is always because of the supply and demand factor. Demands for bitcoin is now becoming massive since bitcoin is now known because of news, yet the supply isn't proportional to the demands so the price will probably go up for the said coin, furthermore if everyone has bitcoin, then demand is low and I think price will be stable for that moment.
January 28, 2018, 07:56:20 PM
Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?
Price is determined by supply and demand, long term supply is relatively stable so the changes are all due to falls in demand. Short term there are a variety of reasons for the recent slump:
Uncertainty over regulatory changes in South Korea and China
Bitcoin futures expire (today I believe)
Chinese lunar new year
The last one is perhaps the one that you can draw the most on in terms of a recurring pattern. The last 4 years the market has crashed a few weeks in advance of the Chinese Lunar New Year, presumably as people look to sell crypto to fund travel and expenses, it is the single biggest holiday in the world.
There are other reasons you could argue as to why the market crashes each January, other holidays like Christmas would also come in to it, as in January people are generally tight for money many may sell crypto or many may just not be in a position to buy more.
Not to mention the whales. When an influential whale or someone with a ton of bitcoin decides to dump all of those one day, the price would potentially go down right after despite any other factor or circumstance at play. The price would go down no matter what after a dump is made.
January 28, 2018, 07:25:16 PM
the most triggering factors affecting the bitcoin price itself depends on demand and supply (the person who buys and the selling). although bitcoin price movements are rapidly changing rapidly but market price movements can also be played by someone in order to take advantage of the situation so that they get a lot of benefits.
yes, demand is the main factor why the price is rapidly changing, the more demand for an item the price will increase and the less the opposite the demand will decrease,some people who have large capital can play an important role in price changes , they can manipulate the price of the market, they can make moves that can benefit them,
the panic caused by the beginner traders, I often see them simultaneously selling assets when there are significant changes to prices (such as decline) they do not have enough experience to be able to overcome it, so affected to sell despite their losses
January 28, 2018, 02:01:49 PM
Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?
Yes bitcoin is a volatile. The fluctuations in the price of bitcoin is very common. But the price variation will purely depond on the increase in Investors and panic selling. When the price is low and number investors increased means, soon the price will start to raise some how. But panic selling reduce the price further low.
January 28, 2018, 01:59:24 PM
if I think the factors that often cause bitcoin prices fall because of the issue of bitcoin such as yesterday that in 2017 china which prohibits the existence of ICO and bitcoin in the country there, the father of the issue is that bitcoin price directly decreased drastically
January 28, 2018, 01:54:46 PM
No matter that some users think the external factors like politics, governments and bank announcements or some conspiracy theories connected to whales and similar are crucial for Bitcoin price, this doesn't influence the price in significant way.
To my opinion, like many here, it's about pure economy, supply and demand is the most important factor that defines the price.
To my opinion, like many here, it's about pure economy, supply and demand is the most important factor that defines the price.
January 28, 2018, 01:49:28 PM
Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?
the most triggering factors affecting the bitcoin price itself depends on demand and supply (the person who buys and the selling). although bitcoin price movements are rapidly changing rapidly but market price movements can also be played by someone in order to take advantage of the situation so that they get a lot of benefits. January 28, 2018, 01:43:24 PM
Political pressure is the most influential factor that moves the price of Bitcoin. But how more pressure how stronger cryptocurrency will become. Do you agree with this statement guys? Thanks! 
As btc is accepted and traded in many nations apart from few countries which ave already banned it. So any global news anywhere like China banning ICO, South Korean news about ban on exchanges etc such negative news does impact the btc prices. Also if any misuse happening of btc, wallets getting stolen of exchanges do have a larger impact on prices to crash.
January 28, 2018, 01:34:02 PM
Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?
The causes of the collapse of bitcoin, which occurred last week, trying to explain the various financial analysts. Recall, the rate of crypto currency since Sunday, December 17, 2017, when bitcoin was trading at a price of more than $ 20 thousand, fell to close to the level of 13 thousand by Friday. So, on the Bitfinex exchange on December 22, for bitcoin was given 13,002 thousand dollars, and on the CoinMarketCap exchange it fell even below the 13 thousand bar - up to $ 12,874 thousand for a coin.On Monday, the bitcoin rate is slightly higher, but still remains at about 13 thousand dollars. So, on the Bitfinex exchange as of 10:10 (Moscow time) bitcoin cost $ 13.53 thousand, on the site of CoinMarketCap - $ 13.99 thousand.
Experts say that the situation was expected. According to technical analyst Brave New Coin portal Josh Olshevich, a sharp reduction in the price of digital money is associated with profit-taking.
Other specialists see the reasons for the collapse of bitcoin in the planned change of the Segwit2x protocol for crypto currency (hard), without which many errors may appear in the system. It is expected that the code will be updated on December 28, 2017, after which the volume of the block will increase to 4 MB, and the speed of mining the crypto currency will be up to 2.5 minutes. In addition, the system will be protected from repeated transactions and support for smart contracts will appear in it.
Another reason may be in the appearance of an alternative crypto currency - Bitcoin Cash. Recall, with a cheap bitcoin "cache" bitcoin showed growth. Earlier it became known that the co-founder of the Bitcoin.com portal, Emil Oldenburg, had sold all its stocks of bitcoins, saying that this crypto currency has no future. Oldenburg made its choice in favor of the "cash" Bitcoin (Bitcoin Cash).
The financiers of some countries, where bitcoin was legalized, also spoke negatively about the crypto currency. The head of the Japanese Ministry of Finance Taro Aso called bitcoin an unreliable asset, Singapore issued a warning to investors that investments in the crypto currency are for them increased risks, because it has no real security. The Federal Bank of Germany is also skeptical about the prospects for bitcoins.
Nevertheless, most experts are still confident that the growth of bitcoin after the New Year's calm will continue, according to some forecasts, by the end of next year the rate of crypto currency can reach 50 thousand dollars for a cryptonomete.
January 28, 2018, 12:21:15 PM
I do not see one factor as being the most influential.
I think more of it as a random meeting of different factors. That is why prediction is not possible.
Maybe two guys with a slightly bigger stack of coins want to cash out. Some newbies who recently read an FUD article see a few 'sell' orders in their exchange sell as well due to an unfounded panic attack.
And then the domino effect is already in motion until a few smart people recognize the opportunity and start buying again.
I think more of it as a random meeting of different factors. That is why prediction is not possible.
Maybe two guys with a slightly bigger stack of coins want to cash out. Some newbies who recently read an FUD article see a few 'sell' orders in their exchange sell as well due to an unfounded panic attack.
And then the domino effect is already in motion until a few smart people recognize the opportunity and start buying again.
January 28, 2018, 12:20:47 PM
the most influential factor that triggers bitcoin prices to fall down is because of the bad news release on many websites and it will make people getting panic and selling their bitcoin. I have seen this in many times and once the bad news is out, then the price is down a little but people cannot hold their bitcoin for a longer time and they decide to do fast selling in the exchange.
January 28, 2018, 12:15:19 PM
if you have a look at the overall market cap market you can see a decrase on it, a sudden decrease to be more clear and I believe people invested their money and they cashed it out before chritmas which made the fall on market cap as well as lowered demand resulting into lower prices.
January 28, 2018, 12:07:10 PM
Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?
You can expect the prices to go down or up during January or February and it depends on various events that were occurred in the year end before that January. Negative news spreads faster, it creates sense of fear in holders and regular investors, those who are impatient seeds for the panic sell and disturb the economic circulation of the bitcoin market and thus leads to dropped prices. This time the cycle was disturbed with influencing factors like bitcoin scale up issues, exchanger bans and regulatory changes. We could assume that was the reason for this Jans fall. I’m not sure about last years’s one as I wasn’t into crypto by that time.
January 28, 2018, 11:49:48 AM
Political pressure is the most influential factor that moves the price of Bitcoin. But how more pressure how stronger cryptocurrency will become. Do you agree with this statement guys? Thanks!
Jump to: