Too low volume on the market at the moment + a lot of FUD in general in the entire market, that is what is causing the price to drop hardly
Topic: What is the reason of the recent drops in Bitcoin price? (Read 510 times)
Since it does not make a profit, it can not be priced in the way that most other assets can be valued. While a commodity such as gold can be used to create something of value, a Bitcoin is always left in a computer. If the ways Bitcoin is used can not be further developed, the demand for it can be reduced.
Is it not OK that this trading platform's BUG caused the price to fluctuate greatly? There are other news in the mix?
At a basic level, low volume. In fact, today Bitcoin saw the least amount of volume it’s seen since late November. It’s about half of the volume average of the last 30 days. The last time volume was this low, the BTC price (and therefore market cap) were almost exactly the same.
If we bounce off this uptrend and find consistency at this level of volume, we could finally be in for some consolidation - some sideways price action.
This is what we need to see before we can expect any major move up BTC
If we bounce off this uptrend and find consistency at this level of volume, we could finally be in for some consolidation - some sideways price action.
This is what we need to see before we can expect any major move up BTC
I'm sure that such a low value to someone is very profitable! and I'm sure that now they are buying up a huge quantity of bitcoins, not through the exchange! serious players want to buy cheaper, and then the price will grow up! the price will grow upwards, because large purses will need to profit from investments and sell its bitcoin!on this do not worry, now the course is specifically lowered down! it means one thing, soon everything will start to grow and you will need to record your profit on time!
because of the number of bad news or issues about bitcoin so many are selling bitcoin so that it affects the bitcoin price reduction itself
I think that current bitcoin prices are down to be adjusted and more stable in the coming time. After this time, the price of bitcoin will increase and thrive in the cryptocurrency market. You should be calm and patient waiting for the fluctuations in the positive direction of the market. Bitcoin works as like the demand and supply. If the demand is high then relatively bitcoin supply will last and its price also is expensive. This is the indicators of purchasing bitcoin. Buying bitcoin if there are many supply will be ideal for it we could recognize the price surely cheaper. So essentially if we are here making an investment therefore we should buy when the price of bitcoin is low. However the main reason why there higher droppings of market bitcoin price is that there are rich peoole investing in it. And once they sell their coins relatively it will create.an impact to the demand and supply of bitcoin.
Thank you for this information. This is true economic principles. 
Hello. in my opinion, the bitcoin value will increase but will grow hard in time. I think it will be a year or two before it reaches $ 20000
because of the number of bad news or issues about bitcoin so many are selling bitcoin so that it affects the bitcoin price reduction itself
I think one of the basic reasons of having a lower market value of bitcoins is the season.
Other people says through demands because of this month not all people used their money for vacation trips which losing their investors which leads to a lower amount.
Other people says through demands because of this month not all people used their money for vacation trips which losing their investors which leads to a lower amount.
I think there are some reasons that makes the price down,
Facebook, twitter and google take action for new ICOs advertising ban because of some people make scam in the name of new ICO,
Some countries ban bitcoin,
Recently Pakistan and India ban the bitcoin and in this way due to some bad news the impact is negative,
Facebook, twitter and google take action for new ICOs advertising ban because of some people make scam in the name of new ICO,
Some countries ban bitcoin,
Recently Pakistan and India ban the bitcoin and in this way due to some bad news the impact is negative,
The network is working incredibly fine. So I think it's just the fact that there is not much hype around it right now. And maybe it is a good thing, since there was too much people entering crypto for a quick buck, without any knowledge about the technology and no long term mindset.
There is recent drops in Bitcoin price because its a new technology and price keep changing but hopefully it will get more stable in the future and the best way for Bitcoin becomes steady and stable when more people join.
I believe recent price drops have been due to an influx of bad news. Facebook and Google have banned ads relating to crypto and ICOs. Many countries are debating how to regulate the crypto market. I think the price will rise again once the storm is over.
Digital Currency is a new technology price keep changing. The rapid changes in its value its because most Bitcoin is owned by a tiny group of people. There is volatility in Bitcoin when the value has risen it will dropped sporadically.
For me I think the reason why bitcoin price fall down is because its supply and demand in the market. Because when the demand in the market is low the price will also get low.
What basically happens when you see the bitcoin price going down is that the groups holding large quantity of coins try to manipulate the market. As soon a $1000 drops in price, small investors like us start selling their coins by misunderstanding the situation and the price continues to drop for some time. But now there are no false rumors around, hopefully the price will come on its flowing track soon
FUD, panic, more drama, more drop, getting out of hand, entering bear market and finally losing the buy support. so the drop continues for the time being until the buy support comes back and also after the market makers became satisfied with their cheap bitcoin accumulation and stopped dumping and the FUD stops being spread.
Last price dropping was after some news about problems with #1 exchange Binance
I think the reason why the Bitcoin's price get down is some people get the bad news about Bitcoin, and then they dump Bitcoin in a large number. So it affect the market.
The price of bitcoin decreases for some reason such as exonomic-related problems. And also, there is country itself conflicts that should be prioritize first
I think it is because of fud. There are too many negative news in social media about Bitcoin. That's why the panic seller selling their Bitcoin instead of holding it.
The reason why bitcoin price drops today is because investors are losing because they see social media scams bitcoin only so they are afraid to invest in it.
The network is working incredibly fine. So I think it's just the fact that there is not much hype around it right now. And maybe it is a good thing, since there was too much people entering crypto for a quick buck, without any knowledge about the technology and no long term mindset.
At a basic level, low volume. In fact, today Bitcoin saw the least amount of volume it’s seen since late November. It’s about half of the volume average of the last 30 days. The last time volume was this low, the BTC price (and therefore market cap) were almost exactly the same.
If we bounce off this uptrend and find consistency at this level of volume, we could finally be in for some consolidation - some sideways price action.
This is what we need to see before we can expect any major move up BTC
If we bounce off this uptrend and find consistency at this level of volume, we could finally be in for some consolidation - some sideways price action.
This is what we need to see before we can expect any major move up BTC
When bitcoin price drop down, many people's panic and sell their bitcoin, because of that the price drop down. But that issue about bitcoin sometimes is not true, so calm down and hold your bitcoin. Bitcoin every years increase fast, believe that first before invest in bitcoin.
Bitcoin until now is still leaders of the market.
Many holders sell their Bitcoin instead of holding it they might get panic when the wave becomes big and think that it will continue and never stop but we should remember that there is always a sun after the rain same as Bitcoin fall it will pump sooner.
I have been hearing this for quite a long time now. Bitcoin prices have become kind of stagnant for last 3 months and I do not see any positive hope sooner. I have only heard negative news related to bitcoins like Facebook, Google and Twitter banning crypto. Google alert trends also show that the search related to bitcoins as dropped considerably over the last few months. Still invested though as I do not need any money urgently.
The most direct reason for the recent fall of bitcoins is that the valuation of encryption is too high. There are many altcoin with only empty white paper plan. Nowadays, the encryption world doesn't have many specific applications. If there are any policies of FUD or those big cryptographic powers for bitcoin, it will easily lead to investor confidence decline. This market is very fragile.
for all the bitcoin value due to the decrease in exchange rate so we do not know why sometimes the bitcoin exchange is lower.
I think the storm is over. Through the data of the ten exchanges, we can see that the volume of trading is now rising, up by about 70% at the lowest level last week. In the past week and G20 meeting, Facebook and Google banned the advertising of encryption, and the mood of the market needed a little time to recover. Now the investment sentiment is very low.
whenever market goes up enormously it has to take a step back for correction and this is what is happening with BTC and other cryptocurrencies. It's just normal market trend. The important point is not to sell in a panic just HODL.
Not only one reason behind this recent drop in bitcoin price.The main reaso is most trustable and famous platfom like facebook and google banned the advertisement related to crypto so all people spread rumours that bitcoin will ban soon so most of people sell their btc and that's why the the volune of btc decreased too much.i heard one onther news that one excahange was close and sell their all BTC but i am not sure about it.
I have 2 assumptions about why this happens. Firstly, it is possible that today bulls simply accumulate forces and are waiting for perspective figures on the charts to go to the market.
and secondly, which is more likely, BTC has ceased to be interesting, because the transactions are too long, etc. We all know the problems of btc
and secondly, which is more likely, BTC has ceased to be interesting, because the transactions are too long, etc. We all know the problems of btc
At a basic level, low volume. In fact, today Bitcoin saw the least amount of volume it’s seen since late November.
it was not the lowest, we have had much lower volume in past couple of months.besides lower volume is what happens when the price is not moving and in the day you are talking about the price movement was lower than 5% and you are comparing this volume with the volume of the time when price was rising up to 20% a day back in November! it is obvious that when price is moving up and down this large the volume is also going to be a lot more because of all the trades that will be happening.
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It’s about half of the volume average of the last 30 days. The last time volume was this low, the BTC price (and therefore market cap) were almost exactly the same.
i don't know what the significance of market cap here is! but last volume was the same, price was stable at $11000+ so market cap was higher by about $35 million At a basic level, low volume. In fact, today Bitcoin saw the least amount of volume it’s seen since late November. It’s about half of the volume average of the last 30 days. The last time volume was this low, the BTC price (and therefore market cap) were almost exactly the same.
If we bounce off this uptrend and find consistency at this level of volume, we could finally be in for some consolidation - some sideways price action.
This is what we need to see before we can expect any major move up BTC
I think the main reason is bitcoin price is not stabilizes nor permanent so it is normal for bitcoin to drop and pump If we bounce off this uptrend and find consistency at this level of volume, we could finally be in for some consolidation - some sideways price action.
This is what we need to see before we can expect any major move up BTC
Price of any products is depends on the number of demand always so, In this matter based on my opinion and experience the main reason of drooping the btc price is the number of bitcoin use in the last few days.
Most of the reasons for the current downturn are the number of bad news and also the seasonal decline as bubbles happen all the time and after the bitcoin rise, it's a very natural thing to happen, and be patient to wait for the ride again.
For now bitcoin needs good news to raise confidence in investors and this will impact bitcoin price increases, it may have been too long for bitcoin prices to date.
I believe recent price drops have been due to an influx of bad news. Facebook and Google have banned ads relating to crypto and ICOs. Many countries are debating how to regulate the crypto market. I think the price will rise again once the storm is over.
A mix of FUD, G20 uncertainty, MTGOX scandal, reduced investor confidence... Many factors that have hurt the market, to see if it will go even lower, or if it can finally consolidate !
At a basic level, low volume. In fact, today Bitcoin saw the least amount of volume it’s seen since late November. It’s about half of the volume average of the last 30 days. The last time volume was this low, the BTC price (and therefore market cap) were almost exactly the same.
If we bounce off this uptrend and find consistency at this level of volume, we could finally be in for some consolidation - some sideways price action.
This is what we need to see before we can expect any major move up BTC
the cause of bitcoin continues to decline is the whale making bubble, and there is also a baruk news that prohibits advertising in the world's largest company that is google and facebook, because this problem of bitcoin semangkin decreased, but do not panic bitcoin will return to recover If we bounce off this uptrend and find consistency at this level of volume, we could finally be in for some consolidation - some sideways price action.
This is what we need to see before we can expect any major move up BTC
The decline in bitcoin prices of late I think is just as Trend or seasonal, and the future will surely recover the price again, and all will be happy when rising bitcoin.
At a basic level, low volume. In fact, today Bitcoin saw the least amount of volume it’s seen since late November. It’s about half of the volume average of the last 30 days. The last time volume was this low, the BTC price (and therefore market cap) were almost exactly the same.
If we bounce off this uptrend and find consistency at this level of volume, we could finally be in for some consolidation - some sideways price action.
This is what we need to see before we can expect any major move up BTC
If we bounce off this uptrend and find consistency at this level of volume, we could finally be in for some consolidation - some sideways price action.
This is what we need to see before we can expect any major move up BTC
I think you have it reversed. Bitcoin's price has not lowered because of low trading volume, as much as low volume is occurring because of Bitcoin's lower price.
When it was skyrocketing up it created its own self sustaining pile-one effect where the more it rose the more people piled into it for a quick buck, thus the high volumes. Now that the price has dropped and is trading somewhat sideways, volume has obviously trailed off.
There may be some day trader types who make a few bucks off these smaller moves, but most people aren't going to risk buying/selling the coins they hold for a $100 profit when they could lose a lot more shoudl the market go against them.
The most important drop in bitcoin prices is usually due to bad news in developed countries, and sometimes the news is also like a drama for price bubbles, and I always believe bitcoin will return to high prices again.
Bitcoin works as like the demand and supply. If the demand is high then relatively bitcoin supply will last and its price also is expensive. This is the indicators of purchasing bitcoin. Buying bitcoin if there are many supply will be ideal for it we could recognize the price surely cheaper. So essentially if we are here making an investment therefore we should buy when the price of bitcoin is low. However the main reason why there higher droppings of market bitcoin price is that there are rich peoole investing in it. And once they sell their coins relatively it will create.an impact to the demand and supply of bitcoin.
Many holders sell their Bitcoin instead of holding it they might get panic when the wave becomes big and think that it will continue and never stop but we should remember that there is always a sun after the rain same as Bitcoin fall it will pump sooner.
At a basic level, low volume. In fact, today Bitcoin saw the least amount of volume it’s seen since late November. It’s about half of the volume average of the last 30 days. The last time volume was this low, the BTC price (and therefore market cap) were almost exactly the same.
If we bounce off this uptrend and find consistency at this level of volume, we could finally be in for some consolidation - some sideways price action.
This is what we need to see before we can expect any major move up BTC
If we bounce off this uptrend and find consistency at this level of volume, we could finally be in for some consolidation - some sideways price action.
This is what we need to see before we can expect any major move up BTC
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