Why bitcoin is still dropping ? - page 10.

bryant.coleman

legendary

Activity: 3752

Merit: 1217

Quote from: dashayana on March 28, 2018, 02:31:26 PM

The decline was due to negative issues in circulation, including investors monitoring the warnings from a number of regulators and increasing crackdowns on the virtual currency market. The sharp decline occurred in Bitcoin prices, reaching its lowest point in the last two months. It also affects other coins such as Ethereum and Ripple also decreased significantly.

There were negative government actions reported from a number of major markets, including China, South Korea, India and Indonesia. That may be the main reason for the current decline, along with the mass-dump by the Mt Gox trustee.

pushups44

sr. member

Activity: 854

Merit: 281

This is simply a correction in a long-term bull market. This is also a way for big players to shake out the weak hands to buy assets for pennies on the dollar. Investors need to look at the long-term big picture.

dashayana

jr. member

Activity: 201

Merit: 1

The decline was due to negative issues in circulation, including investors monitoring the warnings from a number of regulators and increasing crackdowns on the virtual currency market. The sharp decline occurred in Bitcoin prices, reaching its lowest point in the last two months. It also affects other coins such as Ethereum and Ripple also decreased significantly.

hajimasan

hero member

Activity: 882

Merit: 500

Quote from: Smpdytz1 on March 26, 2018, 06:16:10 AM

bitcoin price is still dropping and now its $8000 within 3 months market is soo awful. What is the real reason for that

In actual since last 2+ months market of the cryptocurrency is facing only rumours and bad news and that is resulting into panic in the mind of newbies .
As we know that when the price of the bitcoin reached to all time high of 25k$ then at that time lots of people get attracted toward this field and made lots of investment , but with small negative news about cryptourrency made the bitcoin dump badly Because most of the newbies got into Panic and they sold Thier bitcoin and ANother altcoins , so now here only those are stable who are old bitcoiners .
Here today we need better news so that new investors can enter in this field and fluctuations can give easy moment to upward to the market of this field.

Gix

newbie

Activity: 37

Merit: 0

A lot of factors actually. Regulations, overbuying, hodling, and no lambo in sight.

As a result, not much new money is coming in at this stage.

Also, the trust of an average Joe in Bitcoin as an investment is plummeting due to its unpredictability in value. Undecided

akmittal

full member

Activity: 252

Merit: 102

Bitcoin price is now stable between $8000 to $8500. Now it is very good time to invest in bitcoin. Ups and down are market trends so do not worry if you invested in Bitcoin. Market will again bounce back with in three months.

alexn3620

newbie

Activity: 55

Merit: 0

Many factors affect this, but primarily false news that affect the market as a whole.

promosn

member

Activity: 98

Merit: 12

i also hope its getting up i just borth yesterday 400$ in Bitcoin !
Lets go !

Ale88

legendary

Activity: 2380

Merit: 2369

Quote from: ?? on ??

The price of bitcoin has fallen by more than 57% since last december. But, the thing is bitcoin is independent. No one has control over it. So, the actual cause of this decreasing price is unknown to most of us. As, the fluctuation of price is one the feature of bitcoin, it's completely fine if the price is rising too high or too low.

I wouldn't be so sure that nobody actually controls bitcoin. Of course I don't man in the literal way, but there are huge whales out there than can decide what to do with this market, which is still to small.

whirlcoin

full member

Activity: 602

Merit: 111

Quote from: Smpdytz1 on March 26, 2018, 06:16:10 AM

bitcoin price is still dropping and now its $8000 within 3 months market is soo awful. What is the real reason for that

Because bitcoin price jumped too quickly in 2017 so now it is still in the correction track to get the right path.

But normally bitcoin price will be in the downtrend for the first quarter of every year so still we are in that phase so it is ko wonders that bitcoin price is falling and it is not the first time this is happening.

killerfrost

sr. member

Activity: 1988

Merit: 254

PredX - AI-Powered Prediction Market

right. bitcoin is decreasing. The reason is that many investors sold out much bitcoin but no buyers. More supply than demand causes bitcoin prices to fall. Currently many countries are banned bitcoin operations, large corporations such as twiter, facebook, google ... stop advertising bitcoin has made the bitcoin market heavily affected bitcoin prices drastically reduced.

Zapto25

newbie

Activity: 146

Merit: 0

until now i do not understand why bitcoin is still down ,, what is the cause so bitcoin is not recovered.
but I want to predict that bitcoin will be the world's wobble and bitcoin prices will soon recover

Huan00087

newbie

Activity: 238

Merit: 0

Many investors have been considering investing in the electronic money market BITCOIN

btcCoincart

newbie

Activity: 308

Merit: 0

Because the total capital is not enough to make BTC price goes up. You will see btc down to 6k again!
Hope this period will pass fast. I don't like red market for bitcoin like these days Sad

Englebabylove

newbie

Activity: 98

Merit: 0

Quote from: Smpdytz1 on March 26, 2018, 06:16:10 AM

bitcoin price is still dropping and now its $8000 within 3 months market is soo awful. What is the real reason for that

Yes, now that the price of bitcoin has continued to fall, I can't see any sign of a rise in bitcoin. Now that the entire encryption market is weak, money is pouring out of the encryption market, people are panicking, and the panic is continuing.

orarider

sr. member

Activity: 575

Merit: 250

I think due to the impact of the government prohibits bitcoin operations. This makes investors worried that bitcoin will disappear, so they are trying to sell bitcoin. The big companies google, facebook stopped advertising bitcoin to make the bitcoin market affected and bitcoin prices lowered.

gravitik

jr. member

Activity: 137

Merit: 1

the rise or fall of bitcoin is determined by the market and a person can not predict the rise or fall in the price of bitcoin

arjunmujay

full member

Activity: 756

Merit: 200

indeed the last few months bitcoin down dramatically, the main reason too many investors or traders who panicked with the circumstances and bad news about bitcoin. but in fact in the last few years it is often the case of bitcoin price decline, but not long afterwards will return even raced away from the correction area.

Sniper150

sr. member

Activity: 357

Merit: 260

Quote from: Smpdytz1 on March 26, 2018, 06:16:10 AM

bitcoin price is still dropping and now its $8000 within 3 months market is soo awful. What is the real reason for that

The question you are asking is the big question for today. We are seriously facing the dropping of bitcoin now that's why many people are panic selling. They are selling their bitcoins instead of waiting again to increase the price. Because we can only predict what will happen in bitcoin someday or for a long time. Maybe there is a chance to rise again if bitcoin supply goes down.

fulmetal08larz

full member

Activity: 476

Merit: 124

Bitcoin's price is dropping simply because nobody wants to buy BTC at a high price. Due to its parabolic rise some time in December 2017, this correction is somewhat expected to happen. During this consolidation stage in the market, most investors are trying to seek a good entry point before buying. Be patient with BTC because it will not stay at the bottom forever.

Topic: Why bitcoin is still dropping ? - page 10. (Read 1243 times)