Topic: What is the most influential factor that triggers bitcoin prices to fall down? - page 6. (Read 2469 times)
June 02, 2018, 03:26:22 AM
I think the bitcoin price is hard to predict by anyone because the factors that can make the exchange rate decrease can not be separated from the emergence of a bad issue that never subsided to the world of cryptocurrency so as to cause panic from traders to sell the asset.
June 01, 2018, 09:36:10 PM
In my opinion, Bitcoin prices are always affected by FUDs. Although the price is going down dramatically, I still believe the actual value of Bitcoin will be at 12k $ per coin. Because it brings a lot of benefits to humans. 
June 01, 2018, 09:26:48 PM
The fact that Bitcoin price is influenced by some several factors the Bitcoin is determined by the term mining and this forms the supply part.. The demand part is based on the awareness and popularity when the demand is high and the supply is low the price will hike since there is a limited supply of Bitcoin that is the supply is only 21 million bitcoins so when the demand is high the price will increase .Fright of government regulations affect the price decrease in Bitcoin anyhow Japan has accepted Bitcoin and they have recognized cryptocurrency as a legal payment from 2017 this also helps to increase the price of Bitcoin .
June 01, 2018, 05:40:19 PM
In my opinion, the most noticeable effect on the drop in the price of bitcoin is caused by negative news about the crypto currency. Bitcoin reacts very sensitively to such news, because this changes the ratio between demand and supply, and it depends entirely on them. Recently, we could see this clearly when the bitcoin course reacted sharply with its fall to negative news from China, South Korea, India and other countries.
I think with low supply and high demand means price increases, but if supply is more than demand then it triggers the price to fall. And I think the bitcoin value is based on market supply and demand
I believe so, yes. Bitcoin's prices can really be affected by the number of supply and the number of people that wants to use it or hold on to it. But this certainly doesn't mean that the price of it relies on that alone. Clearly, economical issues also affect the prices of not just bitcoins but every coin out there also.
Bitcoin presents a variety of opportunities that did not exist prior to its development. Yet, it has failed as yet to convert investors concerned about its potential rate of adoption as an alternative currency. Recent acknowledgement by the IRS that Bitcoin is an asset for tax purposes has clarified the situation for investors, and the promise of frictionless value transfer suggests innovative use cases in foreign direct investment. In the near term, much of the volatility will be driven by investor perception of the ability of gateways to safeguard individual holdings and provide for a reliable store of value as adoption increases.
May 28, 2018, 02:50:27 PM
In my opinion, the most noticeable effect on the drop in the price of bitcoin is caused by negative news about the crypto currency. Bitcoin reacts very sensitively to such news, because this changes the ratio between demand and supply, and it depends entirely on them. Recently, we could see this clearly when the bitcoin course reacted sharply with its fall to negative news from China, South Korea, India and other countries.
I think with low supply and high demand means price increases, but if supply is more than demand then it triggers the price to fall. And I think the bitcoin value is based on market supply and demand
I believe so, yes. Bitcoin's prices can really be affected by the number of supply and the number of people that wants to use it or hold on to it. But this certainly doesn't mean that the price of it relies on that alone. Clearly, economical issues also affect the prices of not just bitcoins but every coin out there also.
May 28, 2018, 02:49:15 PM
Well mostly people's interests. Which is heavily influenced by social media. So, per root cause analysis, I would say it's bad publicity that triggers bitcoin's price lowering. A simple scare like banning and most people sell.
True! At most case bad publicity or fake news. another reason i see is the regulation's. country like south Korea rumor of Banning cryptocurrency exchanged. some other negatively affected by the news.that couses un necessary sell out. 
May 28, 2018, 02:21:09 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 prices is always depending on the demand and supply so we can expect the volatility of the market or drastic changes depending on the people that is also trading in the market so volatile market is normal.
May 28, 2018, 01:49:16 PM
Well it's kinda funny how in the earliest month of the year, bitcoin price tends to fall down.
I don't know why though. As far as i know, it's because there are so many people do panic selling. They heard about bitcoin price increase drastically last year and decided to buy them, but when bitcoin price fell a bit, they became panic and sell all of their coins. Kinda fool decision, but can't blame them since they don't know about bitcoin.
Other factors that may affect maybe media plays that always talk bad thing about bitcoin? Not really sure about it as well.
People are getting this backwards, the price of bitcoin did not went down because it was January, the price went down because in December we saw a huge bull run and it was impossible to maintain that rhythm, then the price began to go down and then people panicked, the fact that is was January was just incidental and the same would have happened regardless of the month we were in. I don't know why though. As far as i know, it's because there are so many people do panic selling. They heard about bitcoin price increase drastically last year and decided to buy them, but when bitcoin price fell a bit, they became panic and sell all of their coins. Kinda fool decision, but can't blame them since they don't know about bitcoin.
Other factors that may affect maybe media plays that always talk bad thing about bitcoin? Not really sure about it as well.
May 27, 2018, 01:11:34 AM
i gues the most impacting about the bitcoin price to fall down is a rumors, when rumors are spread and some people are selling their asset and making the down normaly they are become panic and make the price are become more fall before they know
May 27, 2018, 12:41:03 AM
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?
In my opinion, cryptocurrencies value tends to go down around the first quarter of the year, because of people selling their coins because of the holidays, and because of this situation, the cryptomarket is clored with red numbers, and when people see this happening, the fud will start spreading that will contribute to the decrease of value of most cryptocurrencies.
May 26, 2018, 11:44:00 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?
In my opinion, cryptocurrencies value tends to go down around the first quarter of the year, because of people selling their coins because of the holidays, and because of this situation, the cryptomarket is clored with red numbers, and when people see this happening, the fud will start spreading that will contribute to the decrease of value of most cryptocurrencies.
May 26, 2018, 11:42:01 PM
Well, base on my experience it is true that bitcoin price or value is so very volatile because every single moment it's move. So for me, bitcoin price will sometimes dump and pump because of the investors.
May 26, 2018, 11:28:10 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?
In my opinion, cryptocurrencies value tends to go down around the first quarter of the year, because of people selling their coins because of the holidays, and because of this situation, the cryptomarket is clored with red numbers, and when people see this happening, the fud will start spreading that will contribute to the decrease of value of most cryptocurrencies.
May 26, 2018, 11:27:33 PM
In my opinion, the most noticeable effect on the drop in the price of bitcoin is caused by negative news about the crypto currency. Bitcoin reacts very sensitively to such news, because this changes the ratio between demand and supply, and it depends entirely on them. Recently, we could see this clearly when the bitcoin course reacted sharply with its fall to negative news from China, South Korea, India and other countries.
I think with low supply and high demand means price increases, but if supply is more than demand then it triggers the price to fall. And I think the bitcoin value is based on market supply and demand
There are many influential factor that triggers bitcoin prices to fall down. To name the most influential,the rule of demand and supply contribute to the price dump especially when a lot bitcoin users is selling out of panic.
May 26, 2018, 11:19:37 PM
Well based on what I know, it is based on the law of supply and demand, all markets are. As we all know the supply of Bitcoin is constant in 21 Million so technically, it is based on the demand, so the more people sell, the demands go down so it the price, and if there's more people interested and are buying Bitcoins, the demand will increase and so is the price.
That is the basic rule of trading that is base on supply and demand and it doesn't only apply to cryptocurrencies but in other markets too like stocks and even the every day products that we buy. There are three factors that affect how the price of a coin would move and it would be technical analysis, fundamental analysis and market sentiment. As for technical analysis, the more traders use TA on a trade, the price would be able to follow where the traders would like it to go since the traders most likely would have the same support and resistance level. For fundamental analysis, when there are news that would affect the price of bitcoin, it would go up or down depending on whether its good or bad news. As for market sentiment, when the general public saw what happen to the price if it goes down then they wouldn't think of buying it but if it goes up along with good news then they would FOMO.
May 26, 2018, 11:10:03 PM
In my opinion, the most noticeable effect on the drop in the price of bitcoin is caused by negative news about the crypto currency. Bitcoin reacts very sensitively to such news, because this changes the ratio between demand and supply, and it depends entirely on them. Recently, we could see this clearly when the bitcoin course reacted sharply with its fall to negative news from China, South Korea, India and other countries.
I think with low supply and high demand means price increases, but if supply is more than demand then it triggers the price to fall. And I think the bitcoin value is based on market supply and demand
May 24, 2018, 10:42:28 AM
Well based on what I know, it is based on the law of supply and demand, all markets are. As we all know the supply of Bitcoin is constant in 21 Million so technically, it is based on the demand, so the more people sell, the demands go down so it the price, and if there's more people interested and are buying Bitcoins, the demand will increase and so is the price.
May 24, 2018, 05:59:18 AM
if we're to ask the biggest factor in crypto currency prices then it would be supply. like all investments it is governed by the rules of economics. the larger the supply and lower the price. since the start of this year, 2 countries declares bans on crypto currencies that made the citizens of that country sell their holdings and therefore increase the supply in the market. but then again, alot of investors took advantage and bought more coins so there is a silver lining in it.
May 24, 2018, 05:29:29 AM
I believe major FUDs have an impact on the price falls of bitcoin. Some FUDs don't have an impact at all; for example if a developing country with not too many bitcoin users bans bitcoin it doesn't affect the price in any way. But when Bill Gates talks ill about bitcoin, or Facebook decides to ban crypto ads it gets to many people and loose hands begin to sell instantly, leading to a massive fall in price.
When you see the market value of any of the crypto coin falling, then one of the most important reason behind all that is the panic selling which is being done by the investors who find it difficult to hold their nerves at that time and that they try to get rid of that investment and because of which, they suffer a huge loss and that along with it, it also results in the depreciation in the market value of the coin. May 21, 2018, 03:46:42 AM
The attention paid to bitcoin directly affects the price of bitcoin. The higher the number of bitcoins, the lower the price.
The attitude of governments has a critical impact on the price of bitcoin, a key factor in the collapse in the price of bitcoin.
The attitude of governments has a critical impact on the price of bitcoin, a key factor in the collapse in the price of bitcoin.
Jump to: