Why Bitcoin is dropping ? who can explain me ?

arorts

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Quote from: RodneyKings on January 01, 2018, 11:13:07 PM

Quote from: btcpara on December 30, 2017, 01:34:35 PM

Why Bitcoin is dropping ? who can explain me ?

and when stop ? any idea?

It's not really dropping. I noticed that it didn't get below the $12k rate so I think its the correct rate of BTC after it was pumped to $19k. Aside from that lot of people withdrawn their funds because of the holiday expenses so I guess it really affected the market. Everything is based on supply and demand so don't worry it will go up again soon, just wait.

How about now down at $10,500 ?? Just curious...

busua

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The attitude of governments towards Bitcoin will affect their prices. The more countries recognize, the more favorable they are. The more countries are blocked, the more negative they are.

Estreal

jr. member

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The fall in bitcoin can also be traced to certain government regulations and policies on cryptocurrency which triggers panic and fears and eventually results into massive sell off. For instance isthe recent uncertainty over crypto trading in South Korea which triggered a panic sell-off of the virtual currencies,bitcoin Ripple, ethereum and other cryptocurrencies.

Johnnie Kien

newbie

Activity: 55

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mybe for some reasons, these is:
1. 'Tis The Season To Be Spending
2. Altcoin Overload
3. Bitcoin Cash Confusion on Coinbase
4. Market Manipulation
5. Hacking & Regulation
6. The Bubble Was Real & Crypto Winter Is Coming

dashchain

member

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The level of interest in bitcoin affects its price volatility. The more people who know Bitcoin, the more attention they get, the more likely it is that Bitcoin will go up

nikjain422

member

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Merit: 10

I think it is a regulatory drop and thinks will get stable in some time.I know there is a speculation that it is a bubble which is about to burst but if any of you have notice when the prices of bitcoin were going down their was not a single alt coin which was doing well.That is what i want to explain if bitcoin falls it takes whole cryptocurrency with him and that is not possible at all.The situation that was created in last 2 days is a great test of characters.Many investors have panic in this situation and sold their coin which probably would cost them in future.This is certain that the prices will grow because with this potential of bitcoin sky is the limit.

bunsd

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Ups and downs are the result of the price game between the supply and demand sides of the market. How to reflect the value of bitcoin itself now do not know, but some businesses are gradually starting to use bitcoin as a payment method, otherwise it can only be a kind of game currency, there is no value at all. Therefore, any market acceptance and recognition of it will bring great benefits, otherwise negative. Moreover, individuals believe that the market is now more profitable short-term operation, resulting in price fluctuations.

gulechain

member

Activity: 107

Merit: 14

Bitcoin price changes are mainly affected by the following points:
1, industry exposure (media attention), the Internet era, this is particularly important and fast;
2, government, legal bitcoin attitude, which has a great impact
3, bitcoin "mining" (the production of bitcoin), because bitcoin mining need to invest a lot of resources, mainly electricity and mining machine costs, to a certain extent affect its price
4, hackers (robbery), although this is not to determine the influencing factors, but in the case of bitcoin stolen, especially in an exchange, many Bitcoin players will lose confidence in bitcoin, the formation of selling.

klim75

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I think because of supply and demand.
Dropping means many are selling their Bitcoins and increasing means many are buying Bitcoin.
At the end of the year before hollidays people are selling it too much because they need money.

AngelSky

hero member

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Quote from: anthinguy21 on January 03, 2018, 07:11:14 PM

Bitcoin dropping recently occurred due to a number of reasons, primarily due to a lot of negative information from the press about cryptocurrency as well as Bitcoin that made many people skeptical about the currency. Second, there are many Bitcoin trading floors occupied by hackers and stealing large amounts of Bitcoin. And the last and most important reason is that the investment trend in Altcoin and ICO in 2018 is very high instead of investing in Bitcoin as in 2017.

You, me and others who have been known complete price factor of bitcoin but all the people comes as newbie does not know about it. They just fear because of these kind trollers words and jump to different altcoins.
This time we will find the bitcoin dumped due to hard fork as like every time we see but this hard fork completely affected the price suddenly bumped in the month November and December. Recently, you are seeing dump due to investor migration from bitcoin to different alts. Soon they will comes to btc once it bumped.

Snub

hero member

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I think that by his inconstancy he attracts new customers. This is such a marketing move. You can see it when it happens.

anthinguy21

full member

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OPEN GAMING PLATFORM

Bitcoin dropping recently occurred due to a number of reasons, primarily due to a lot of negative information from the press about cryptocurrency as well as Bitcoin that made many people skeptical about the currency. Second, there are many Bitcoin trading floors occupied by hackers and stealing large amounts of Bitcoin. And the last and most important reason is that the investment trend in Altcoin and ICO in 2018 is very high instead of investing in Bitcoin as in 2017.

Reid

hero member

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I wont worry much about it.
It isnt that much for us to panic now.
But instead, let it be an opportunity for those who are late to get more while it is at this price. You will never know when it will suddenly pump again.
The fact that it goes popular everyday will be the reason for its pump. If one investor found out about bitcoin then that could be the cue for a nice value.

131tc01n

sr. member

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the bitcoin's natural activity to go even further usually drops like an experience. Unfortunately this year maybe bitcoin will be more popular again and the price will be higher.

Anti-Cen

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High fees = low BTC price

Quote from: R21 on January 02, 2018, 10:08:37 PM

I think it's natural activity for any digital currency, many of peolpe sell their bitcoins for fiat money so for sometimes bitcoin fall some down, but you see not fall about under 12000$! and now it's time to buy and gather some bitcoin.

Someone said the same to me about my shares in IBM who had the world at there feet once when
it came to "Personal Computers" but they were to expensive and so are BTC fees so maybe you
remember them from a long time ago and should draw a lesson from history to predict the future

Anti-Cen

member

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High fees = low BTC price

Quote from: cybersofts on January 02, 2018, 08:30:54 PM

Bitcoin value was dropping recently because it under market correction. Thankfully, the bitcoin price started recovering very strong today with about 13% increase in value reaching up $15,000. That is a good sign showing bitcoin will soon be out of the correction period.

it's trading side ways and has been for weeks after a big drop that was due to far to expensive transactions
fees just to commit 250 bytes of data to the block-chain.

BTC has been lossing ground to ETH and Ripple because the miners got greedy and now no one
can really trust them or the development team who should had place safeguards in place like

public static money MaxFee = 1.50 // 20,000 miners fighting over a mere 7 trades a second is stupid

Spamming of the network for small trades during peek periods can be stopped too, it's not rocket science

if (Amount <0.001 && Mempool > 10,000)
return Error.Trade_To_Low

Mind Control

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Quote from: btcpara on December 30, 2017, 01:34:35 PM

Why Bitcoin is dropping ? who can explain me ?

and when stop ? any idea?

Is this the first time you saw Bitcoin dropped in value? Who said that Bitcoin will keep increasing? Bitcoin is volatile in nature and we will eventually see drops as soars. The price is driven by the community and is determined by the law of supply and demand. Dropping means many are selling their Bitcoins and increasing means many are buying Bitcoin. We cannot know exactly when the drop will stop unless we're already there.

Mahadi24

newbie

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i think the reason why btc fall was new year and chrismas celebration people have sold a lots of btc because the needed money.

bitcon

legendary

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Quote from: btcpara on December 30, 2017, 01:34:35 PM

Why Bitcoin is dropping ? who can explain me ?

and when stop ? any idea?

Many talked about Bitcoin like the bubble is blown away. This is true but only in some extent. I think that the price is stabilizing and becoming adequate. We’ll see the growth yet. It will be in the beginning of 2018.

LogitechMouse

legendary

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Chancellor on brink of second bailout for banks

Law of supply and demand. Many bitcoin holders convert their bitcoins into fiat in order to have money to spent in the past holiday. When they sell their bitcoin, the supply increases and the price will go low.

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