Topic: Why bitcoin is decreasing?? - page 2. (Read 527 times)
Your reason is very light and enthusiastic I like that. But seriously speaking though, bitcoin is decreasing simply because many of the users of bitcoin are selling more than buying it. A simple demand, supply, and price relationship is a big factor as of bitcoin is treated as a business.
Holidays, Chinese New Year, Chinese FUD, Korean FUD, Indian FUD, Facebook adv, Bitfinex and Tether.... And of course a lot of weak hands. Just hold on.
Exactly, chinese new year is not the only reasons why bitcoin price decreasing. Some banning bitcoin, and a lot of fud that contributes to make bitcoin price decreased. In these reasons, those who hold will gaining profit for sure. I think there are a couple of reasons why Bitcoin keeps decreasing nowadays.
Reason #1: Banks and credit card issuers are starting to ban holders from purchasing cryptocurrencies using their own cards. It includes Lloyd's, Bank of America, JP Morgan, Discover and so on. Expect that the other ones will follow suit and there is no doubt that BTC will keep declining for possibly another rough week for us.
Reason #2: The Republic of China is starting to implement "The Great Firewall" to block Bitcoin and cryptocurrency exchange sites from their country. Crypto ads are already removed from China's main search engine, Baidu, and other platforms.
I'm not worried because I keep my options open by building more assets through airdrops and bounty programs and classify them to short, mid and long-term. On top of that, I still keep my freelance gig that I'm earning consistent Paypal fiat money.
Reason #1: Banks and credit card issuers are starting to ban holders from purchasing cryptocurrencies using their own cards. It includes Lloyd's, Bank of America, JP Morgan, Discover and so on. Expect that the other ones will follow suit and there is no doubt that BTC will keep declining for possibly another rough week for us.
Reason #2: The Republic of China is starting to implement "The Great Firewall" to block Bitcoin and cryptocurrency exchange sites from their country. Crypto ads are already removed from China's main search engine, Baidu, and other platforms.
I'm not worried because I keep my options open by building more assets through airdrops and bounty programs and classify them to short, mid and long-term. On top of that, I still keep my freelance gig that I'm earning consistent Paypal fiat money.
This really isn't good news for Bitcoin at all which is obviously why investors exited as soon as they could to keep whatever is left of their capital/profits safe.
I think there are a couple of reasons why Bitcoin keeps decreasing nowadays.
Reason #1: Banks and credit card issuers are starting to ban holders from purchasing cryptocurrencies using their own cards. It includes Lloyd's, Bank of America, JP Morgan, Discover and so on. Expect that the other ones will follow suit and there is no doubt that BTC will keep declining for possibly another rough week for us.
Reason #2: The Republic of China is starting to implement "The Great Firewall" to block Bitcoin and cryptocurrency exchange sites from their country. Crypto ads are already removed from China's main search engine, Baidu, and other platforms.
I'm not worried because I keep my options open by building more assets through airdrops and bounty programs and classify them to short, mid and long-term. On top of that, I still keep my freelance gig that I'm earning consistent Paypal fiat money.
Reason #1: Banks and credit card issuers are starting to ban holders from purchasing cryptocurrencies using their own cards. It includes Lloyd's, Bank of America, JP Morgan, Discover and so on. Expect that the other ones will follow suit and there is no doubt that BTC will keep declining for possibly another rough week for us.
Reason #2: The Republic of China is starting to implement "The Great Firewall" to block Bitcoin and cryptocurrency exchange sites from their country. Crypto ads are already removed from China's main search engine, Baidu, and other platforms.
I'm not worried because I keep my options open by building more assets through airdrops and bounty programs and classify them to short, mid and long-term. On top of that, I still keep my freelance gig that I'm earning consistent Paypal fiat money.
many people not invest for bitcoin, they are not believe this time, they thought, that always give cheap,
Holidays, Chinese New Year, Chinese FUD, Korean FUD, Indian FUD, Facebook adv, Bitfinex and Tether.... And of course a lot of weak hands. Just hold on.
i'm not so sure bitcoin is down due to chinese new year. but my experience all this time, affecting bitcoin prices is supply and demand. if the buyer is very much and the stock of goods a little then the price will go up, and vice versa, if the buyer is little and stock lot of goods, then the price goes down.
Because it was strange pump before, it was growth in fact on bad news, problems with segwit/forks and huge mempool. This was all strange. Lots of alts have billions of capitalization w/o ane working tech. This must be. I believe this correction will be good and will lead us to harmonic growth.
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. 😇😇
Buying bitcoin is a very smart move,this would be the last time that bitcoin's touches the ground,lets hope you are right that the chinese newyear causes the bloodbath.
This is why i love Nano, the tech keeps me interested so i rarely check the price (luckily)
I agree with your thoughts. I think now is the right time to buy and hold it for some time to come ..
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. 😇😇
That might be one of the factors chinese are one of the most biggest holder of bitcoin,they might cashout of their holiday but as i see from the past few weeks FUDs are the major reason why bitcoin's price has dropped exponentially,INDIA and KOREA fud triggered most of the investors to do panic selling while the facebook restriction on ICO ads has also some part of the downfall recently.That's true, there are many things that are making bitcoin go deep, that is why as of the moment, bitcoin is keep on falling, that hopefully this coming month bitcoin will soon to recover.
The USD is very volatile right now. It's difficult to time the market.
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. 😇😇
bitcoin deflation have a variety of factors to be considered, but not a Chinese new year may affect the price of bitcoin, the very significant explanation is simply that bitcoin is based on speculation ,meaning, it may vary the situation and information circulation of the crypto currencies, if bitcoin investors sensed its value is falling it has a domino effect of selloffs. 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. 😇😇
i think its because theres no too much demand on bitcoin in market economy because if there are many demands then it will increase but i think people are busy with other coins right now but lets just wait if it will vome back to its where it come from 
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. 😇😇
Virtual money is vulnerable to issues that make prices volatile, I think this issues is also influential '' Indian Finance Minister Arun Jaitley said the country wants to eliminate the use of digital currency because it is vulnerable to criminal activity. The decline comes amid more stringent regulations on the cryptocurrency market.
Before I believe that Chinese new year have involvement to bitcoin decreasing price, but now I did not believe coz what is the relationship of Chinese new year to bitcoin low price.
I do not keep bitcoin really so bitcoin decreasing is not affecting me, although alts are bleeding, but the effect would have been more if i kept BTC, i use bitcoin just as i use any other currency, to buy things and to carry out other transactions, not keeping it, i only keep alts that have utility, i don't know how it sounds, but that is what i do.
Now many people have investment portfolios bleeding. A strong correction began due to negative news. But I'm sure that soon bitcoin and altcoins will start to grow.
There is nothing to do much with China's ban.
It's more manipulative movements where sharks and whales + institutional money drive price artificially down ... why ...
... because of you small fishes. They want you - small holders to sell at lower level.
Amen.
There are only 21M of BTC exist, majority are hold long-term in trezors.
In time, more and more BTC will be out of market so sharks wants to accumulate now cheap way.
By the way, you should diversify your portfolio.
Do not keep everything in BTC. Spread the risk - there are a lot of other great crypto to invest.
World do not end up on Bitcoin only.
i think for me its better to hold it and wait until btc will pump. It's more manipulative movements where sharks and whales + institutional money drive price artificially down ... why ...
... because of you small fishes. They want you - small holders to sell at lower level.
Amen.
There are only 21M of BTC exist, majority are hold long-term in trezors.
In time, more and more BTC will be out of market so sharks wants to accumulate now cheap way.
By the way, you should diversify your portfolio.
Do not keep everything in BTC. Spread the risk - there are a lot of other great crypto to invest.
World do not end up on Bitcoin only.
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