What is the reason of this sudden decline in BTC price?

Godday

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Quote from: charlotte04 on December 29, 2018, 06:26:59 PM

Quote from: rnssol on August 16, 2018, 02:55:25 AM

Every passing month we hope that the cryptocurrency will go towards stability but our moral goes down whenever the prices plummet suddenly.

Is the price ever gonna get stable? Are there any ways we could make it stable without centralizing the system?

I'm pretty sure that if you are a good trader you would really know it by now by seeing the charts and knowing where part are we are now.

to find out the price indeed we have to look at the graph. but if we know the situation in the future we never know. whether in the future the condition will improve or vice versa. because we cannot predict the situation in the future, what we can do now is just wait for the situation to occur.

charlotte04

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Quote from: rnssol on August 16, 2018, 02:55:25 AM

Every passing month we hope that the cryptocurrency will go towards stability but our moral goes down whenever the prices plummet suddenly.

Is the price ever gonna get stable? Are there any ways we could make it stable without centralizing the system?

I'm pretty sure that if you are a good trader you would really know it by now by seeing the charts and knowing where part are we are now.

Harley29

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Quote from: playboy654 on December 29, 2018, 11:08:45 AM

Quote from: omonuyak on December 29, 2018, 09:43:15 AM

Quote from: rnssol on August 16, 2018, 02:55:25 AM

Every passing month we hope that the cryptocurrency will go towards stability but our moral goes down whenever the prices plummet suddenly.

Is the price ever gonna get stable? Are there any ways we could make it stable without centralizing the system?

To me there is a transferring of wealth and the wise one are buying now from the dumpers who will later regret. Investors are selling out of panic and the professionals and experience traders are buying from their dumping. If you have any idle money I seriously believe that now should be the right time to buy and not selling.

There are many reasons for the price falling of cryptocurrency incident period but the main reason is when the price going down people are panic and withdrawal their total investment in Bitcoin that's why Bitcoin will go to the undervalue now.

According to me panic selling is one of the main reasons behind price fall so if we will hold with our bitcoin I think we can reduce the fall remarkably. It use to happen when people lose patience and trust for their investment and they sell early at red. Instead of this they should buy at red and hold to sell at green I am sure market will recover too fast.

coinplus

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Basically this topic was started on august and considering the prices are way below from those days we can clearly see that even on august people were wondering why the prices was going down and we are even further down that those prices.

It is really important for us to get one thing straight, price will only go down if there are more bitcoins sold than bought at certain price so when people can't sell for that price they try to sell for less and less until they can. Which means the amount of bitcoin bought and sold basically decides on the price and that means market is the only thing that decides on what the price should be.

Since bitcoin lost its appeal to many people there are less and less people who are interested in bitcoin since last year. Some of those people who came in because of the hype stayed but many left. So, we are just people who have been interested in bitcoin before the 20 thousand dollar levels and some who are interested just after but we are still trying to balance the people who left after seeing price going down. It will take time but it will eventually happen.

playboy654

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Quote from: omonuyak on December 29, 2018, 09:43:15 AM

Quote from: rnssol on August 16, 2018, 02:55:25 AM

Every passing month we hope that the cryptocurrency will go towards stability but our moral goes down whenever the prices plummet suddenly.

Is the price ever gonna get stable? Are there any ways we could make it stable without centralizing the system?

To me there is a transferring of wealth and the wise one are buying now from the dumpers who will later regret. Investors are selling out of panic and the professionals and experience traders are buying from their dumping. If you have any idle money I seriously believe that now should be the right time to buy and not selling.

There are many reasons for the price falling of cryptocurrency incident period but the main reason is when the price going down people are panic and withdrawal their total investment in Bitcoin that's why Bitcoin will go to the undervalue now.

omonuyak

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Quote from: rnssol on August 16, 2018, 02:55:25 AM

Every passing month we hope that the cryptocurrency will go towards stability but our moral goes down whenever the prices plummet suddenly.

Is the price ever gonna get stable? Are there any ways we could make it stable without centralizing the system?

To me there is a transferring of wealth and the wise one are buying now from the dumpers who will later regret. Investors are selling out of panic and the professionals and experience traders are buying from their dumping. If you have any idle money I seriously believe that now should be the right time to buy and not selling.

mwaqar17

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I think there was online trading company, I don't remember the name but their tag line was interesting, "Together We Grow". In case of BTC or any other crypto currency, we have to adopt this, we can make it more valuable if we do invest and do not sale. I am very junior in this field, I don't see any other reason except mega selling events.

entebah

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Quote from: MetalGear on December 28, 2018, 01:26:44 PM

One valid reason why the price of bitcoin suddenly drop is simply because of the fluctuation of supply and demand on market. As of now the price of bitcoin is still facing declining and I think it will continue in the end of this year and then the price of bitcoin will start in increasing in the year of 2019.

Yes, hopefully the price of Bitcoin will increase again in 2019, because this year the price of Bitcoin is already below the low price, so it is highly recommended to buy it in the current Zone, but we all have to be careful when deciding to buy, and hopefully the price will always green for the coming year.

Kakmakr

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What can be more stable than this price that are floating between $3800 and $4000 for weeks now? We have seen a lot more volatility than this in 2017 when the price went up to $18 000+ and then the drop to $3500+ in 2018.

You obviously were not around when the price was very volatile around the $1000 price range and below that. Everyone was saying Bitcoin would fail because of the price volatility and we are still here. Wink

nur rochid

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Quote from: devinks on December 29, 2018, 01:48:37 AM

Quote from: wahyu wida on December 28, 2018, 10:28:31 PM

Quote from: slackcryptoz on December 28, 2018, 04:14:41 PM

Bitcoin price is independent of any of the market scenario. Upon this it is very hard to predict which is the perfect reason for the price decline or the price pumping. Soon expect a large scale price pumping when a massive adoption takes place, as more people are much eager to be a part of the network. Also, more and more e-stores and physical stores have begun accepting cryptocurrencies which supports in the increased circulation of cryptocurrencies leading to price variation with time.

what we have to pay attention to is don't be greedy. so that it gets profit according to your target, because there is no certainty about the market, especially crypto has high volatility

yes you are right, greed makes people feel right and doesn't think of anything that ends up losing. other than that patience also needs to be done when a sudden decline like now, I'm sure all this will definitely end and will be normal again.

error in analyzing is something that is natural, by managing the level of risk and consistent with the analysis, I think we will be more calm in facing the market. and don't forget to diversify the results that you have obtained

Apple Mac

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Quote from: rnssol on August 16, 2018, 02:55:25 AM

Every passing month we hope that the cryptocurrency will go towards stability but our moral goes down whenever the prices plummet suddenly.

Is the price ever gonna get stable? Are there any ways we could make it stable without centralizing the system?

Well I think the volatility of the price makes Bitcoin surprisingly increase in demand nd of course it attracts investors and as well as the bounty hunter which make this community productive over the years the this was established by until now unknown person behind Satoshi Nakamoto and I rhimke we dont need central banks for this due to the fact that Bitcoin is independent entities whi h also make this unique.

devinks

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Quote from: wahyu wida on December 28, 2018, 10:28:31 PM

Quote from: slackcryptoz on December 28, 2018, 04:14:41 PM

Bitcoin price is independent of any of the market scenario. Upon this it is very hard to predict which is the perfect reason for the price decline or the price pumping. Soon expect a large scale price pumping when a massive adoption takes place, as more people are much eager to be a part of the network. Also, more and more e-stores and physical stores have begun accepting cryptocurrencies which supports in the increased circulation of cryptocurrencies leading to price variation with time.

what we have to pay attention to is don't be greedy. so that it gets profit according to your target, because there is no certainty about the market, especially crypto has high volatility

yes you are right, greed makes people feel right and doesn't think of anything that ends up losing. other than that patience also needs to be done when a sudden decline like now, I'm sure all this will definitely end and will be normal again.

wahyu wida

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Quote from: slackcryptoz on December 28, 2018, 04:14:41 PM

Bitcoin price is independent of any of the market scenario. Upon this it is very hard to predict which is the perfect reason for the price decline or the price pumping. Soon expect a large scale price pumping when a massive adoption takes place, as more people are much eager to be a part of the network. Also, more and more e-stores and physical stores have begun accepting cryptocurrencies which supports in the increased circulation of cryptocurrencies leading to price variation with time.

what we have to pay attention to is don't be greedy. so that it gets profit according to your target, because there is no certainty about the market, especially crypto has high volatility

slackcryptoz

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Bitcoin price is independent of any of the market scenario. Upon this it is very hard to predict which is the perfect reason for the price decline or the price pumping. Soon expect a large scale price pumping when a massive adoption takes place, as more people are much eager to be a part of the network. Also, more and more e-stores and physical stores have begun accepting cryptocurrencies which supports in the increased circulation of cryptocurrencies leading to price variation with time.

Thanasis

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This is happening throughout this year and we calling this period as bear market when we can see the price declining until it finishes.The reason is simply buyers and sellers,not enough buyers to buy the coins at the selling price so the prices has been decreased gradually.This is not sudden this is how the system works in decentralization.

Kelvinikke

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I believe part of this decline can be attributed to all the rumours that surrounded the regulations that have been spoken of bitcoin and cryptocurrencies for the past three months. Also let's not forget that this is not the first time there have been such a decline and it is all due to the volatility of bitcoin. The crypto market would rise again but it would take quite a long time. We just have to be patient and wait.

aad140386

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The greater the number of players in the market, the higher the bitcoin stability. It is difficult to manipulate the market in which so many independent players. And yet, it seems to me that it is necessary to introduce Bitcoin into the real economy. This is the basis of future success. The more people will use Bitcoin in real life, the greater the chances to take a significant share in the global financial system, and thus become more sustainable. Of course, this process is not fast. It may well take 5-10 years, but we will go for it.

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Quote from: MetalGear on December 28, 2018, 01:26:44 PM

One valid reason why the price of bitcoin suddenly drop is simply because of the fluctuation of supply and demand on market. As of now the price of bitcoin is still facing declining and I think it will continue in the end of this year and then the price of bitcoin will start in increasing in the year of 2019.

What happened to bitcoin's supply and demand ? This year has only 3 more days and you are expecting bitcoin markets to continue falling down for another 3 more days ? In 2019 supply and demand will come into a ratio which is good for price increase, how ?

MetalGear

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One valid reason why the price of bitcoin suddenly drop is simply because of the fluctuation of supply and demand on market. As of now the price of bitcoin is still facing declining and I think it will continue in the end of this year and then the price of bitcoin will start in increasing in the year of 2019.

avarnet

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Quote from: blockman on August 16, 2018, 10:00:41 AM

Can we stop messing with threads like this?

I don't count on how many threads that are created for this topic. I guess you know on how crypto market has been very unstable since its beginning years.

and if I think at the beginning of the year why the price of bitcoin has experienced a decline because it was caused by the many people who sell bitcoin because yesterday the price of bitcoin again soared because

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