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Topic: why bitcoin price fall down? - page 10. (Read 2323 times)

member
Activity: 350
Merit: 11
December 04, 2018, 11:40:16 AM
what do you think about it? my prediction is bitcoin price will be back to $1000/btc in next 5 months or less. since oil price was fall down now and trade war between US and china. give your opinion pls
Well, I think bitcoin price has nothing to do with the fall of oil price and trade war between US and China. It's because the number of seller is bigger rather than buyer, that's of course influencing bitcoin's price. Besides, many people nowdays are investing for short term only, where they search for profits as much as possible than considering the value. I personally have no prediction, but even though the price is dump today, I hope it'll be better sooner or later.
bce
sr. member
Activity: 756
Merit: 250
December 04, 2018, 10:56:16 AM
as investors we should know the risks we will get in investing with crypto currencies, that is, we cannot predict for sure the future development of crypto currencies will be like what even bad news can affect the development of crypto currencies
newbie
Activity: 27
Merit: 0
December 04, 2018, 06:44:45 AM
what do you think about it? my prediction is bitcoin price will be back to $1000/btc in next 5 months or less. since oil price was fall down now and trade war between US and china. give your opinion pls
:
in my opinion the price of bitcoin is falling because of the many bitcoin scammers that aim to get big profits.
and this is very detrimental to bitcoin and its users.
sr. member
Activity: 812
Merit: 250
December 04, 2018, 06:04:46 AM
Though I am surprise to see the entire coinmarketcap going down because of BCH fork, Last year fork was always a good news, it was because of Bitcoin forks that we experience bull run last year. Even with what is happening bitcion will never get to $1000.
Nobody knows why Bitcoin price is still falling, and many of us are disappointed because of the current situation, that's why many people make own prediction about price rising. For me the reason why Bitcoin price is falling because of many people are holding their coin, but since the supply of Bitcoin is only limited only, possible it will come back and rise again because the demand is rising.
member
Activity: 476
Merit: 12
December 04, 2018, 05:53:11 AM
Though I am surprise to see the entire coinmarketcap going down because of BCH fork, Last year fork was always a good news, it was because of Bitcoin forks that we experience bull run last year. Even with what is happening bitcion will never get to $1000.
jr. member
Activity: 70
Merit: 1
December 04, 2018, 05:20:59 AM
Despite its positive results in the previous few weeks, bitcoin is taking a hit amid a price manipulation scandal.

The US Justice Department suspects traders are now manipulating BTC prices, an illegal practice in regular markets.

The cryptocurrency world is regularly suspected of facilitating nefarious deeds, beginning its journey to popularity as an anonymous currency to trade for drugs and paraphernalia on the Deep Web.

However, the cryptocurrency market may now be moving to more ‘white-collar crimes’ as a criminal investigation is launched.
legendary
Activity: 1330
Merit: 1019
December 04, 2018, 05:13:05 AM
what do you think about it? my prediction is bitcoin price will be back to $1000/btc in next 5 months or less. since oil price was fall down now and trade war between US and china. give your opinion pls
I doubt most of bitcoin users are 15-29 year olds, not a single chance. First of all, I am out of that bracket by a hair but everyone I know are out of that age bracket as well.

In reality most people who are interested in bitcoin could be 15-29 year olds but the real investors with money are not those people. First of all how much money can a 15 year old have to invest into bitcoin to begin with ? None. That is why most of the bitcoin users must be more like 25-40 year olds, probably even closer to 30-40 year olds.

People who are not old enough to retire and still think of ways to have easier retirement and also people who are not too young so they have some money saved up to actually invest into something like this. Careers take time to bring you some place where you can actually make more money than you can spend and help you save some aside, without a proper career ladder steps taken you won't have too much money.
The trouble we have right now can be overcome easily if we can change the mindset of the public. I mean the easiest way to make "I think bitcoin is going up" in peoples minds (people are worrying it might go down even further right now) is making the price go up back to 6.5 thousand dollars.

However since we can't do that ourselves we need to find a way to bring more money into bitcoin somehow. Now ICO's are doing what they can to get people pay them for something, how can we implement that to bitcoin? There is no simple answer to that and I don't know what would work but if we can convince whales that bitcoin is incredibly low right now and worths a look that would be great.

Now how can a whale look into bitcoin? Well if he trusts what he is buying, how can he trusts what he is buying? He trusts where and who he is buying from. This is exactly why Nasdaq ETF will be crucially important and we should try to take this to mainstream media everyday.
copper member
Activity: 672
Merit: 270
December 04, 2018, 05:10:33 AM
what do you think about it? my prediction is bitcoin price will be back to $1000/btc in next 5 months or less. since oil price was fall down now and trade war between US and china. give your opinion pls

Its really something that is hard to explain why the current downturn is really massive without any stoppage. For me, bitcoin price going back to $1000 is not something we should be envisaging at the moment although its going to be hard not to think of it but hope is the only thing we have in our hands and striving to make things better in our own little way.
I agree its not easy to explain why Bitcoin price is keep falling and also nobody knows when it price to rise again. So I think its better to wait for its comeback, and have patience all the time because sometimes it takes time before the price increase again. Also no one have idea if when its going to rise or to fall, so the best thing we can do is wait for it and keep believing to  Bitcoin.
member
Activity: 518
Merit: 21
December 04, 2018, 04:47:15 AM
There maybe some reasons why bitcoin and other cryptos price falldown, it might that there are lot of supply of coins in the market causing the low price value of coins , the investors are waiting and observing to the market price value of coins and are on hold, there could also be manipulation of large scale investors about the price of the coins.
Yes I think elite members or group of owners of cryptocurrency monopolizing the market are the very big reason for this market price fall down. Probably they are being greedy for now which relatively making dirty moves after promoting bitcoin and now making and harvesting for their efforts in the promotion and making bitcoin hype.
jr. member
Activity: 32
Merit: 3
December 04, 2018, 04:18:01 AM
what do you think about it? my prediction is bitcoin price will be back to $1000/btc in next 5 months or less. since oil price was fall down now and trade war between US and china. give your opinion pls
ETF, BCH fork and all the things that has been happening lately. Bitcoin has proven to survive challenges like this, and this is less compared to what it passed through in the past years. So I’m very sure it’s going to get back to the top and price will increase. Altcoins like ETH and XRP will rise with it, but I’m not sure of others.
legendary
Activity: 1176
Merit: 1016
December 04, 2018, 03:03:23 AM
even though there is positive news, but the negative news has a greater effect for now, the current price has started to improve, but I am afraid this is only a correction before continuing the trend
Yep, negatives news keep coming and we can't avoid those stuff. Hacking, terrorism, bad news about Bitcoin and stuff are the factors why Bitcoin falling down until now for more than 3 months.
I think the main reason for now is the low volume, we are really falling down because no one wants to buy at these prices, even though the price is low people are still scared that it might go down even more. Why would anyone want to buy during the peak of a bear run when they can buy on the start of a bull run.

Maybe the price will go to 6 thousand in a day and when that happens you will see more people starting buy because they think it is going to even higher prices, when prices start to go up than people start to reinvest in it, but for now it looks like it is not going up at all and why would anyone invest into something they know that won't be going up anytime soon? Hence we should be waiting for the bull run to come to us and when that happens we will be rallying behind it.
hero member
Activity: 1666
Merit: 502
December 04, 2018, 12:26:26 AM
#99
I don't think it's possible, if bitcoin goes down in $ 1000 some holders will buy it too. About the war between US-China rather than they have already negotiated and until now the issue has not had a major impact except the interest rate increase in Argentina. I'm not so worried about that, I just think about what I will do to deal with the situation and the crypto movement.
member
Activity: 464
Merit: 10
December 04, 2018, 12:01:45 AM
#98
Actually i sold every BTC i had before ( AUGUST).
that is why i love the fall of the BTC price in the market.
I got the time to buy back everything or even more.
Now i am focus to hold them until it rise again. ithink 12-15K will be a good target for the First quarter next year.
that was your lucky when able selling bitcoin on higher rate at that moment.maybe if you buying bitcoin right now you will get doubled and off course it would make your profit bigger.
full member
Activity: 1190
Merit: 111
December 03, 2018, 08:58:00 PM
#97
Actually i sold every BTC i had before ( AUGUST).
that is why i love the fall of the BTC price in the market.
I got the time to buy back everything or even more.
Now i am focus to hold them until it rise again. ithink 12-15K will be a good target for the First quarter next year.
hero member
Activity: 1148
Merit: 504
December 03, 2018, 08:50:28 PM
#96
what do you think about it? my prediction is bitcoin price will be back to $1000/btc in next 5 months or less. since oil price was fall down now and trade war between US and china. give your opinion pls
Don't worry it will not go below $2k since we have a news that SEC would approve the ETF next year. Let's wait and see if this one will really make a change in the market. And i don't think an oil price will do a difference in the market since it is not a cryptocurrency and both are different.
I think the news is still speculation, I myself think that it is very possible that prices will come back down, see how many people are sure a few days ago, they think that the bottom line is at $6k and will not go down more than that, when panic selling comes all the walls will be destroyed, so my suggestion is to remain cautious and stay alert
newbie
Activity: 80
Merit: 0
December 03, 2018, 08:28:45 PM
#95
For me we  cannot really predict bitcoin as we all know that  bitcoin is very  volatile    Cheesy  if the  the  price will  go down  like  1000 Dollar  well it's possible  as long ass price is still in correction or not   stable yet Wink
price fall is very dependent on market participants, if demand falls and supply increases automatically there will be excessive stock, this will certainly have an impact on prices and a decline in prices, but if demand is more than the supply of goods there will be a scarcity of goods , this is very little demand and the supply of goods is too much so prices continue to fall, but we can predict that at the beginning of the year there will be many requests for bitcoin, especially from developed countries, which can cause price increases.
member
Activity: 254
Merit: 10
December 03, 2018, 08:22:25 PM
#94
bitcoin fall down because of panicked traders... it should be back to green shortly
hero member
Activity: 1470
Merit: 555
dont be greedy
December 03, 2018, 08:19:35 PM
#93
what do you think about it? my prediction is bitcoin price will be back to $1000/btc in next 5 months or less. since oil price was fall down now and trade war between US and china. give your opinion pls

reaching 1000 USD, then chances are the altcoin price will also drop dramatically in other words the trading volume for cryptocurrency will also decrease and cause many people to panic who start selling their assets with large amounts
this incident will not be left alone by the whales, they will make a thick fortress that prevents BTC prices from falling below 2000 USD
sr. member
Activity: 1428
Merit: 251
December 03, 2018, 07:44:47 PM
#92
what do you think about it? my prediction is bitcoin price will be back to $1000/btc in next 5 months or less. since oil price was fall down now and trade war between US and china. give your opinion pls

Anything could happen with bitcoin price. It could be drop to $1000 but it also could be increasing to $50k in next 5 months. Its hard to predict bitcoin price these days because market volatile very high. Better hold it for long term and never sell it at cheap price
newbie
Activity: 28
Merit: 0
December 03, 2018, 12:07:57 PM
#91
First of all, no one knows for sure. But here are a few reasons at play:
Supply: Roughly every 10 mins, 25 new BTC are issued ("block reward"). At ~$230 per BTC, that's ~$830K new BTC a day (25 x 6 x 24 x 230). As many miners sell most of the block reward to recoup the cost of mining, for bitcoin's price to remain constant, these new BTC have to be absorbed (=bought) by market participants.

of course it puts pressure on the market
but this stuff
main reason - ICO governments have begun to regulate.
Which lowered the demand for cryptocoins.
There are no prerequisites for growth.
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