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Topic: Why bitcoin is decreasing?? (Read 509 times)

full member
Activity: 434
Merit: 100
February 05, 2018, 11:28:56 AM
#70
This strange tendency when during the holidays bitcoin rate rarely falls. A good time to invest
member
Activity: 364
Merit: 10
February 05, 2018, 11:15:47 AM
#69
According to me chines coming new year is one of the biggest reason to decreasing bitcoin. Because as we all are know that chines btc holder are the big holder of bitcoin. But for the sake of their coming new year they are cash out their. I believe that after 16th February bitcoin will be increase and will go to the moon. So let's see what will happen.
sr. member
Activity: 490
Merit: 252
February 05, 2018, 11:06:25 AM
#68
Without price violation, how the smart people rip the money off the others? Be smart, or be stubborn, or get out of this bloody crypto world.
member
Activity: 173
Merit: 10
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February 05, 2018, 11:02:39 AM
#67
Why Bitcoin is decreasing?? I think bitcoin now are decreasing its because of this coming Chinese new year this February 16 and in that time bitcoin will mooning again .. That's why , its better to hodl it now and buy more bitcoin now while its in a low price cause it will pump after Chinese new year. 😇😇
Because this is the season for correction and whales need to scare newbies to sell their holdings and create panic selling. That way they can accumulate more bitcoin than their previous holdings. Just sit back relax and enjoy  the show.
newbie
Activity: 33
Merit: 0
February 05, 2018, 11:00:38 AM
#66
And I think it's all because of panickers mainly from India and China has almost nothing to do with it.
member
Activity: 145
Merit: 10
February 05, 2018, 10:58:11 AM
#65
Why Bitcoin is decreasing?? I think bitcoin now are decreasing its because of this coming Chinese new year this February 16 and in that time bitcoin will mooning again .. That's why , its better to hodl it now and buy more bitcoin now while its in a low price cause it will pump after Chinese new year. 😇😇
Possibly yes,it might be because of the chinse new year but the FUDs that are spreading which i dont think comes from the chinese,whales and other big players are just playing around which triggered most of the people to do panic selling that causes the bloodbath.
member
Activity: 113
Merit: 10
February 05, 2018, 10:07:03 AM
#64
As a Chinese, I agree with your idea that at this time of year, the BTC market is always on the decline. Now, I think it is possible to buy bitcoin in great quantities
Financial markets have proven that truth can only be earned in so far as most people opine, and that the truth lies in the hands of only a few. Chinese people want to spend the Spring Festival is just a gimmick, bitcoin drop is purely a ghost financier.
newbie
Activity: 266
Merit: 0
February 05, 2018, 10:06:35 AM
#63
crypto money market is very variable. now the price of btc is constantly falling. people are afraid and they are withdrawing their money. this situation is further decreasing the BTC price
member
Activity: 323
Merit: 10
February 05, 2018, 10:02:03 AM
#62
I can only say why bitcoin is dropping now. because he is the leader today but there are so many good coins that are now coming out. but you have to worry about bitcoin still the most popular today so just keep you relax and enjoy. it will also increase its value
full member
Activity: 448
Merit: 100
February 05, 2018, 10:00:41 AM
#61
Why Bitcoin is decreasing?? I think bitcoin now are decreasing its because of this coming Chinese new year this February 16 and in that time bitcoin will mooning again .. That's why , its better to hodl it now and buy more bitcoin now while its in a low price cause it will pump after Chinese new year. 😇😇

Lol, I have seen so many reasons on this thread why Bitcoins is decreasing, it just shows that the market is just so weird. It is difficult to understand why Bitcoin is decreasing due to so many activities such as regulations, hard forks etc, are happening at once. However, it might soon be over.
full member
Activity: 189
Merit: 101
February 05, 2018, 09:58:26 AM
#60
As a Chinese, I agree with your idea that at this time of year, the BTC market is always on the decline. Now, I think it is possible to buy bitcoin in great quantities
member
Activity: 212
Merit: 22
Amazix
February 05, 2018, 09:55:57 AM
#59
Why Bitcoin is decreasing?? I think bitcoin now are decreasing its because of this coming Chinese new year this February 16 and in that time bitcoin will mooning again .. That's why , its better to hodl it now and buy more bitcoin now while its in a low price cause it will pump after Chinese new year. 😇😇
Chinese new year would be one of the reason why the total marketcap is declining,chinese has the most bitcoin in the world which make sense and another thing to consider is FUD,because few days back there is a lot FUDs spreading to our community that creates panic turned to bloodbath.
How many times do they celebrate new year? Didn't the large cashout in mid January is because of Chinese New year? I think that might have triggered some selling pressure so it is going this low. Everybody were saying 8K is the strong support but see what happened now? Crashing like there is no tomorrow.
member
Activity: 168
Merit: 10
February 05, 2018, 09:49:50 AM
#58
Why Bitcoin is decreasing?? I think bitcoin now are decreasing its because of this coming Chinese new year this February 16 and in that time bitcoin will mooning again .. That's why , its better to hodl it now and buy more bitcoin now while its in a low price cause it will pump after Chinese new year. 😇😇
Chinese new year would be one of the reason why the total marketcap is declining,chinese has the most bitcoin in the world which make sense and another thing to consider is FUD,because few days back there is a lot FUDs spreading to our community that creates panic turned to bloodbath.
full member
Activity: 266
Merit: 108
February 05, 2018, 09:36:39 AM
#57
before the big jump, it is necessary! please look at graph for every year beginnig. it is same story. it will make a huge jump in my opinion.
newbie
Activity: 92
Merit: 0
February 05, 2018, 09:34:57 AM
#56
Honestly I don't know what is exactly reason on why Bitcoin is decreasing, but I think it's all about the negative news bitcoin on why it's dropping her price. I hope after February it will rise again.
newbie
Activity: 36
Merit: 0
February 05, 2018, 09:33:25 AM
#55
There is more FUD HODL to risk their money in cryptocurrency
member
Activity: 378
Merit: 16
February 05, 2018, 09:33:11 AM
#54
I think the reason why bitcoin is dropping is because there are many people spreading of FUDs on the internet and it's contiguous. Many are panic selling because of this FUDs.
sr. member
Activity: 546
Merit: 250
February 05, 2018, 09:32:43 AM
#53
The main reason was the ban in south korea and china that made the bitcoin go down. Also if you see every year in january bitcoin goes down and pumps up to the most...
full member
Activity: 546
Merit: 100
February 05, 2018, 09:30:11 AM
#52
decreasing because of panic selling from those newbie investors who invested this last december, while bitcoin is at the top of greens, and they want to cut their loses because the REDs are going dig deep. and the decreasing is continue until no more newbie investors left in this panic selling moment. after that, we all bitcoin holders skyrocketing again.
member
Activity: 212
Merit: 22
Amazix
February 05, 2018, 09:25:02 AM
#51
Bubble is bursting that's all!
November and December had the biggest bull run in the entire cryptocurrencies market so many newbie investors entered the market and now they are heavily panicking and selling the shit out of their hands to recover the losses atleast. This cycle might change after one to two months.
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