Topic: Why bitcoin going down? - page 2. (Read 695 times)
For me, the reasons why Bitcoin price is currently down is because of the holiday season people spend their money on giving gifts and buying foods in preparation for the upcoming holidays. Sure some are still spending their money in investing in bitcoin but we could not hide the fact that during this special season in giving special gifts to our love ones.
Do you know why bitcoin going so much down?
1.people sell them bitcoins.2. Supply rise and Demand reduces.
3. price down people sell more.
This looks to be the common price fluctuations that takes place with time. As we are getting close to the days of Christmas as well the new year price increases. To have a forward push, now the price of bitcoin seems to go high and reach a bigger value.
The demand of money is high because of the season which makes the price of bitcoin to dump. We predict that it will pump again after new year. It is the best time to buy bitcoin and many investors take that opportunity. It is the right time that they are waiting for long after the big pump in bitcoin price. Do you know why bitcoin going so much down?
1. people are investing in bitcoins currently , Investors start investing money in Ripple (1.2$ current) and bitcoin cash (3600$) , Dogecoins (0.008$)
Ripple has no real future. It's popular only because of its recent pump but people are short-sighted and forgot that it has been going down for months.
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2. some short term investors start selling of their bitcoins to recover the profit. they will buy again when it come low.
This is the main reason.
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3. bitcoin Rise and Drop is a part of game , It will down and Come back again ,
In recent news someone bet that bitcoin price will reach 50,000$ Next year
I'm sure that it will. In recent news someone bet that bitcoin price will reach 50,000$ Next year
This looks to be the common price fluctuations that takes place with time. As we are getting close to the days of Christmas as well the new year price increases. To have a forward push, now the price of bitcoin seems to go high and reach a bigger value.
Do you know why bitcoin going so much down?
I don't think it's not rare to happen with bitcoin price. Being vulnerable for such market demand and supply, any up and downs might be happen all the time and we can never escaped that from happening. The only thing is that we really don't know when, but mostly it occurs when there is FUDs and hardfork launching. Mostly we worried about of dumping and makes many bitcoin holders selling their coins in low price which is not a good idea. 
It's a normal correction that was bound to happen long ago. The only reason it hasn't was that people were waiting for the futures to open for trading.
The clogged up blockchain has given people something to think of and they're moving into other coins for the time being. For instance even BTG which is a total shitcoin has gained from this situation. Once the lightning network starts working we'll have another BTC surge and an exit from altcoins to BTC.
The clogged up blockchain has given people something to think of and they're moving into other coins for the time being. For instance even BTG which is a total shitcoin has gained from this situation. Once the lightning network starts working we'll have another BTC surge and an exit from altcoins to BTC.
true, it is natural. bitcoin prices are easy to change especially with regard to technical issues, speculation and legality. after the price drops, then the price will bounce. although today it tends to go down, if we look further at the beginning of 2017, the current bitcoin price remains higher and for those who have bitcoin since it must have gained much profit.
There are multiple reasons as I feel;
01. Whales are withdrawing money at higher rate
02. BCH is listed in few new exchanges/ Wallets
03. There are good altcoins are now in market
04. There are people who are expecting segwit2x happens in near future..
01. Whales are withdrawing money at higher rate
02. BCH is listed in few new exchanges/ Wallets
03. There are good altcoins are now in market
04. There are people who are expecting segwit2x happens in near future..
Do you know why bitcoin going so much down?
I think bitcoin hit a bit of a wall at $20k, then there was the exchange collapsing in korea coupled with bitcoin cashes prominence and bitcoins continued high level of fees and slow transaction speed.
Its going down because of:
1. Investors are rebelling because the high transaction fee on platforms.
2. Invenstsstor are trading BTC to altcoins
3. Panic Selling
4. Investors are digging to Bitcoin Cash
But hey! Its the perfect time to buy BTC!
Its predicted to reach 50k USD next year.
Have a wonderful year ahead.
1. Investors are rebelling because the high transaction fee on platforms.
2. Invenstsstor are trading BTC to altcoins
3. Panic Selling
4. Investors are digging to Bitcoin Cash
But hey! Its the perfect time to buy BTC!
Its predicted to reach 50k USD next year.
Have a wonderful year ahead.
It's a normal correction that was bound to happen long ago. The only reason it hasn't was that people were waiting for the futures to open for trading.
The clogged up blockchain has given people something to think of and they're moving into other coins for the time being. For instance even BTG which is a total shitcoin has gained from this situation. Once the lightning network starts working we'll have another BTC surge and an exit from altcoins to BTC.
The clogged up blockchain has given people something to think of and they're moving into other coins for the time being. For instance even BTG which is a total shitcoin has gained from this situation. Once the lightning network starts working we'll have another BTC surge and an exit from altcoins to BTC.
That is what markets do. Some days they are up, some days they are down. Today is one of the down days for bitcoin. I wouldnt lose sleep over it.
Do you know why bitcoin going so much down?
The major reason behind this is the number of stuck transactions which is why users are now driving all their capital to other currencies where they find better speeds and lower fees. Bitcoin already gained too much this year alone and proved to be one of the best (superb) investments of 21st century but that somehow became a disadvantage when the mining community became greedy and to show them that if they will keep doing like this, market-makers know what to do; they are now driving Bitcoins the wrong way but if we consider the surge in value, than what we are seeing should be considered as a nominal correction. $15k was set to be seen by investors (many of them were saying that a drop could come and value may soon be near $15k before the end of December) and they proved it. The local-no-confirmation-spam should now be stopped or miners should get ready to see more of this.
this is the market price down and up , i think the bitcoin in correction and after that we will see bitcoin hit 20k
We may not see another $14-15k price point after December.
We may not see another $14-15k price point after December.
Beacuse someone is dumping this.
Do you know why bitcoin going so much down?
- Many whales are taking out profit- Newbie investors are selling for loss due to panic
- People are going crazy for altcoins and buying it with bitcoin
- Many are selling bitcoin because they are frustrated with current congested network and high fee on transaction.
The one who will not panic in situation like this and can hold their bitcoins for next few months will make more than those who will cashout at current price range.
Do you know why bitcoin going so much down?
1. people are investing in bitcoins currently , Investors start investing money in Ripple (1.2$ current) and bitcoin cash (3600$) , Dogecoins (0.008$)
2. some short term investors start selling of their bitcoins to recover the profit. they will buy again when it come low.
3. bitcoin Rise and Drop is a part of game , It will down and Come back again ,
In recent news someone bet that bitcoin price will reach 50,000$ Next year
You are correct there newinbtc , because of the rapid growth of bitcoins value it will naturally go down because some of the people holding the bitcoin starts selling their bitcoin to get some profit . The demands are getting upward as more people are getting more involved and investing in the bitcoin market and the supply/mining block is being selled by the miners to recoup with the mining cost of electricity and other bills of the miners.
As we know, everything has something happens first time. First 20k has done. Now it's goinh down and some people started to say about crush of btc. it has both ups and downs. now it's period of going down. chill.
They are natural corrections, we have seen them in the past, in this world they will see this type of falls on a regular basis, but after that comes the new rise surpassing the last high price level.
You are the one perfect in your answer. I believe that we will find the bitcoin price boom again. This is how price recovered last time hard fork again and time BTG splitted as well.
You will get the profit if you invested on the bitcoin you will get a 2000 USD profit in a week. Please if you are able to invest on bitcoin try to grab the situation again.
People are cashing on the gains from the previous two months of upswing. They want to enjoy the fruits of their labor (investment) during the holiday season. Or maybe the cryptocurrency market is on a correction/stabilisation period.
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