What is the most influential factor that triggers bitcoin prices to fall down? - page 9.

Kemarit

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Quote from: Lorence.xD on May 16, 2018, 02:31:48 AM

Quote from: BattleOkapi21 on January 27, 2018, 02:53:46 AM

For me I think the main factor that's affecting the price of bitcoin right now is the news about the governments action on bitcoin. Recently, we have heard the news of governments either regulating or banning bitcoin and it does affects the state of bitcoin in the market.

There are so many indicators that have some effects on Bitcoin price to fall to the level which in not accepted by investor on the said project, But the main issues that affect the Bitcoin are Banned, and Regulation on the acceptance of crypto currency market trading, not to mention the entry of scammer on the market. this are just a few indicators which bring the down the crypto currency market trading. We already seen this thing had happened to the previous months when Bitcoin price and all other crypto currency was hammer by a lot of issues posted on the market.

And this indicators lead people so panic, causing a domino effect on the market and worst the price going down causing more people to panic, its cyclical and we can't do anything because the market is based on speculation. So we already identify the main causes or factors that trigger the price to go down, then what should we do? For those seasoned veterans in the market, its normal they are not affected, however for newbies, you really need not to be emotional and not just push the sell button. You need to understand what's causing this, so its better for you to just wait it up and see how it goes once the dust has settled.

Lorence.xD

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Quote from: BattleOkapi21 on January 27, 2018, 02:53:46 AM

For me I think the main factor that's affecting the price of bitcoin right now is the news about the governments action on bitcoin. Recently, we have heard the news of governments either regulating or banning bitcoin and it does affects the state of bitcoin in the market.

There are so many indicators that have some effects on Bitcoin price to fall to the level which in not accepted by investor on the said project, But the main issues that affect the Bitcoin are Banned, and Regulation on the acceptance of crypto currency market trading, not to mention the entry of scammer on the market. this are just a few indicators which bring the down the crypto currency market trading. We already seen this thing had happened to the previous months when Bitcoin price and all other crypto currency was hammer by a lot of issues posted on the market.

Rustamm

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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.

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Quote from: BitcoinMarketer39 on May 10, 2018, 04:33:45 AM

Quote from: chrmn27 on January 26, 2018, 12:00:08 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 own opinion, the fake news that are being created by different people about cryptocurrency is affecting the investors to sell their coins immediately, in this way the price is keep on dumping plus the traders who are not well knowledgeable about the market.

I think there are many things that make the occurrence of demand and supply change, yeah one of them is from fake news, for some new users of course hoax is a scourge for them because they are easy to panic, but that does not apply to old players, so of course there are other things like news from the government that bans bitcoin certainly also impact on prices and make all investors fear and sell their assets

Jaydis

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There so many reason that bitcoin prices fall dawn and I guess that one of those reason is bitcoin is depending on the economic crisis it turn goes up and down based on the market demand that we encounter nowadays, bitcoin is so volatile and i guess that other investor are not aware about the fluctuation is normally happened especially in this type of business. We have to openly face this kind of situation that we encounter.

Dudeperfect

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Most of the investors are not familiar with the market fluctuation so naturally, their investment decisions are based on market movements. Now, big whales and institutional investors take the advantage of it and they take decisions in such a way that creates a panic environment in the market and the investors who are pressurized with sudden price fluctuation get themselves under the FUD and they act as per the expectations of the big whales. To be honest, I don't think that there is any relation between Jan-Feb and Bitcoin price fall.

blockman

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I guess it's the news nowadays that makes the market to stumble. Every speculation whether he's an investor to crypto or not as long as he is popular with his achievements then the people will value his thoughts. Like Warren Buffett and John McAfee, these people are making the news out there by giving bad(Buffett) and good(John) impression to the market.

Finestream

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Quote from: winterland on May 14, 2018, 07:13:49 PM

Quote from: chrmn27 on January 26, 2018, 12:00:08 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 should never rely on those kind of predictions to try to make money or to try to guess how the market is going to move, many people have tried to do that and try to predict what months the price of bitcoin will go up and down and they have never been able to come up with a strategy that works all the time, remember the most important aspect that dictates the price of bitcoin is the demand.

I say it would be one of the biggest factors that causes bitcoin price to fall down.When btc demand goes up,eventually its price will increase too making its supply low.But when price correction strikes,most people lose their patience and probably do panic selling which will also make btc price goes down.

winterland

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Quote from: chrmn27 on January 26, 2018, 12:00:08 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 should never rely on those kind of predictions to try to make money or to try to guess how the market is going to move, many people have tried to do that and try to predict what months the price of bitcoin will go up and down and they have never been able to come up with a strategy that works all the time, remember the most important aspect that dictates the price of bitcoin is the demand.

Rakesh_alejandro

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Quote from: orengitu on January 26, 2018, 01:35:13 PM

I think the rise and fall of bitcoin prices is not because of January or February ... if I read from some news, the cause of bitcoin drops is now due to the influence of a country that plays an important role in bitcoin .. they panic and start selling their bitcoin in very amount big, so it affects all countries ..

I think It could be that most traders are currently trying to diversify their assets or liquidate their earnings before starting any other business for it. There is no definite answer but it is very likely that most traders are cashing in for personal or other expenses.
Most of the time, prices can be attributed to supply and demand, as is the case with other traditional tradable assets. In the case of bitcoin, for four consecutive years now, prices are taking a big hit in the first weeks of January and usually pushing in mid-February and beyond.

Mahanton

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Quote from: naidray on May 14, 2018, 02:59:50 PM

Quote from: BitcoinMarketer39 on May 10, 2018, 04:33:45 AM

Quote from: chrmn27 on January 26, 2018, 12:00:08 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 own opinion, the fake news that are being created by different people about cryptocurrency is affecting the investors to sell their coins immediately, in this way the price is keep on dumping plus the traders who are not well knowledgeable about the market.

Yes, fake news is part of it, but it is just a way to create panic and FUD among those weak investors who really do not see the potential in the future of bitcoin but just the quick profit and gain. With this in play, the whales always use this strategy as well as some little bit of manipulations to drive down the price so as to take all the chances they could have to make more profit.

The only thing is just to know how to play safe even as a trader in this environment as everything can happen pretty fast.

Playing safe isnt possible even you do have the advantage among other traders but doesnt mean you arent prone into the risk but somehow when we do talk about chances they you do have high probability on making money since you do have the power to mandate price as a whale. Fuds and Hype does exist no matter what which i do mainly say that these are factors that do mainly affect bitcoins price either heading up or down.

jmvzlfyg

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The most influential factor that triggers the falling price of bitcoin is the sentiment of the market, and there are many times that a small news may be worried, as the increase in fear may lead to the spread of FUD in the market, and of course, too much price rise in bitcoin is also the most important factor in the market decline.

naidray

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Quote from: BitcoinMarketer39 on May 10, 2018, 04:33:45 AM

Quote from: chrmn27 on January 26, 2018, 12:00:08 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 own opinion, the fake news that are being created by different people about cryptocurrency is affecting the investors to sell their coins immediately, in this way the price is keep on dumping plus the traders who are not well knowledgeable about the market.

Yes, fake news is part of it, but it is just a way to create panic and FUD among those weak investors who really do not see the potential in the future of bitcoin but just the quick profit and gain. With this in play, the whales always use this strategy as well as some little bit of manipulations to drive down the price so as to take all the chances they could have to make more profit.

The only thing is just to know how to play safe even as a trader in this environment as everything can happen pretty fast.

budz0425

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Quote from: spartak-sbk on May 14, 2018, 01:34:21 PM

As in any market, the price of bitcoin depends on supply and demand. Perhaps bitcoin is still heavily influenced by the news background (positive and negative news), in this case they still frighten us with the fact that the state will begin to regulate and tax the crypto currency, I think these are the main factors that affect the price of bitcoin.

The thing that I observe most is that the demand decrease whenever people heard or had watched negative news about cryptocurrency, all the way without further investigating if the news was fake or not, the first thing that they are doing is to cash out their funds immediately.

spartak-sbk

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As in any market, the price of bitcoin depends on supply and demand. Perhaps bitcoin is still heavily influenced by the news background (positive and negative news), in this case they still frighten us with the fact that the state will begin to regulate and tax the crypto currency, I think these are the main factors that affect the price of bitcoin.

ovcijisir

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Quote from: Whosdaddy on May 14, 2018, 01:11:22 PM

Quote from: Bugsbey on May 11, 2018, 03:20:57 AM

Quote from: chrmn27 on January 26, 2018, 12:00:08 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 value of bitcoin is dependent on its demand and supply. Based on my obsevation,for the last quarter last year the price is high and goes down on the first quarter of the next year. I think it is because there is less supply at those months where the year ends and lots of sellers in the first quarter of the next year.

Normally, the value of every market is driven by demand and supply, but the question here is; what is actually the main factor that triggers that huge supply ?

Yeah, we cannot exactly know what may really be the main factor, but one thing is that FUD, whale manipulations and all sorts are involved. This is one thing that is applicable in every market, as traders are trying to do their thing to blend in with the flows, investors are also trying to make decisions, and whales are doing their thing as well.

The news seem to be the main factor in shaping cryptocurrency price. Popularity and marketing seems like big factor, and not usability and funcionalitiy.

Whosdaddy

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Quote from: Bugsbey on May 11, 2018, 03:20:57 AM

Quote from: chrmn27 on January 26, 2018, 12:00:08 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 value of bitcoin is dependent on its demand and supply. Based on my obsevation,for the last quarter last year the price is high and goes down on the first quarter of the next year. I think it is because there is less supply at those months where the year ends and lots of sellers in the first quarter of the next year.

Normally, the value of every market is driven by demand and supply, but the question here is; what is actually the main factor that triggers that huge supply ?

Yeah, we cannot exactly know what may really be the main factor, but one thing is that FUD, whale manipulations and all sorts are involved. This is one thing that is applicable in every market, as traders are trying to do their thing to blend in with the flows, investors are also trying to make decisions, and whales are doing their thing as well.

Kevin77

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Quote from: hermae on May 11, 2018, 03:40:11 AM

Quote from: jcarlo on May 11, 2018, 03:26:50 AM

Quote from: chrmn27 on January 26, 2018, 12:00:08 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 think the main issue that can bring bitcoin price down is negative news about regulation.Many times negatives news about bitcoin regulation and all that news is not true or false news. Negative news bring people become panic and they selling their bitcoin and that causing bitcoin price drop

There are many factors can be the reason why the bitcoinprice fall down. I think one of the biggest reason could be the bad news regarding bitcoin like, bitcoin scams, bitcoin scammers, bitcoin thieves and so on. I guess these things contributed a lot to the bitcoin price fall down

Scammers, thieves, blah blah, are just tiny pieces that we only try to console ourselves with to relate it to the movement in bitcoin's price downward. I feel all these things are basically not the main cause and we are practically just at the beck and call of whales and how they want the market to be perceived.

Unfortunately, bad news are used more like the poison to make people feel that is what drives it down, but to me, I feel it is just pure manipulation. I guess we only have to take it or leave it and that sucks since bitcoin has now turned to more of a speculative asset.

darsiderin

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Quote from: jcarlo on May 11, 2018, 03:26:50 AM

Quote from: chrmn27 on January 26, 2018, 12:00:08 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 think the main issue that can bring bitcoin price down is negative news about regulation.Many times negatives news about bitcoin regulation and all that news is not true or false news. Negative news bring people become panic and they selling their bitcoin and that causing bitcoin price drop

If to describe it in one word that word would be "manipulation". Speculators control the price of bitcoin, they lower or raise the price.

DogmaF10

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It has the same tendency with US dollar and other Fiat currecy i think. When the seller are outnumber the buyer, it could lead the price to go down. the most influential factor that triggers it of course the PANIC SELLING.

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