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Topic: Why Bitcoin is dropping ? who can explain me ? - page 4. (Read 593 times)

full member
Activity: 168
Merit: 100
If you look at the price history in the past weeks of Bitcoins, the fluctuation is really high. This is probably because many needed cash for Christmas and new year so they sold their bitcoins and also some might have panic selling as well. But it is actually slowly recovering now. And I believe that it will even go higher value this 2018 compared to last year because many will go back in investing and others will be trying out investing this year as part of their new year resolution.
member
Activity: 131
Merit: 12
I am a baby to cryptocurrency~
It is because of gravity~ Just kidding!
I think you are new? I have the same question as yours not long ago. And you have to realize nothing going up forever. There are many reasons lead for the dropping.
If you look further enough, you will see Bitcoin is moving up steadily. So, relax and take your time.
newbie
Activity: 229
Merit: 0
there are many things that can make bitcoin drop. loss of user trust to bitcoin, large sales, weakened spreading and decreased volume, the effects of hard fork and segwit.
member
Activity: 420
Merit: 10
True, the price drop may be caused by people who sell their bitcoin for New Year's celebrations or some investors who want to enjoy some quick profit by selling bitcoin and buying BCH by the end of this year ...
member
Activity: 154
Merit: 20
because now is the end of the year and everyone is in need of money for their new year with family, but next month in the new year bitcoin will rise again even more expensive than now
I think this just for the new year and crissmiss and people are just withdrawing there bitcoin into fiat to enjoy and use it on these occasion. I think other are just panic and don't wanted to lose there money so they are trading into different currencies and right know altcoins are more profitable than other altcoins s so i think they are just trading altcoins and waiting for right time to get into bitcoin.
full member
Activity: 168
Merit: 106
No success in a short time
because now is the end of the year and everyone is in need of money for their new year with family, but next month in the new year bitcoin will rise again even more expensive than now
member
Activity: 235
Merit: 11
I will start by answering your last question. I think the market will become more steady in the middle of next February. I believe the reason behind this fall is Christmas and New Year. People needed the cash for the festivals. The fall seems like a huge change but you need to remember it's value. It is really expensive so one little change can make a big big difference.
hero member
Activity: 866
Merit: 1001
Why Bitcoin is dropping ? who can explain me ?

and when stop ? any idea?
We are noticing frequent dips and recovery in price in this month.But mostly,we could see price not falling below $12,000 and retaining from it back to $15,000.So,instead of worrying for the price fall,we should use this opportunity to buy more bitcoins.

The price fall might be either due to people selling their bitcoins for the new year celebrations or some investors may have wished to enjoy some quick profits by selling bitcoins and buying BCH.

But immediately after the new year,we could expect a price rise in bitcoin as bch would get mostly dumped due to coinbase issuing free bch coins to its users.
full member
Activity: 1708
Merit: 125
www.positivebetting.com
Supply and demand. The market is fairly irrational, the drop isn't a huge deal. Its still up 1000%
member
Activity: 182
Merit: 22
Why Bitcoin is dropping ? who can explain me ?

and when stop ? any idea?
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