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.
Topic: why bitcoin price fall down? - page 11. (Read 2324 times)
It is because people tend to do everyday transaction and it happens really happens. This is how cryptocurrencies behaves and we should always consider it as a factor. This was already happened many times and we know that it will surely get back to to its right track.
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.For me we cannot really predict bitcoin as we all know that bitcoin is very volatile 
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 
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 I agree. We cannot really predict when will be the pump or the dump. So we can stay at hodl during the time where the market is red. We can say that there are lot of circulating news, negative news today. It highly affect but there are also other factors such us newbies who are easily influenced by negativity.
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.Sometimes that happens all of a sudden and the price goes down very quickly like it happened couple weeks ago. Those rich people know what they are doing and they can actually afford to "lose" money right now in order to make money later on.
Their system works because they can afford this, we can't afford these drops whereas they know if they "lose" money right now they can cripple the market and make the price lower and pick up more bitcoins later on and wait for another increase. Do you really believe this is a coincidence that ETF's will start next month? No. They have done this and picked more bitcoin up so they can profit after ETF's start.
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.
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
Hopely its not happen. Its hard to imagine with others coin price if bitcoin price drop to $1000. Altcoin already drop 90% from highest price and if bitcoin price drop to $1000, it will be bad for others coin
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 think our market needs a correction and the whales do it. The value of the bitcoin is returning to its real value. That is the main reason and the economic downturn does not affect us too much. that's just an excuse. 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.A great news, but bitcoin as of this time is getting lower and that is true. In my idea we need to create an organization on how to earn big and fast through bitcoin and let cryptocurrencies run in the community and it will use as paying bills and others. The success will always depends on us.
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.
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.
It is not out of place to predict, but the basis of prediction has to be empirical. All of us want bitcoin to come up to a reasonable value, but what should be of importance should be the long-term acceptable value of bitcoin. IMO, $10,000 for bitcoin only serve the interest of speculators.
Price fall is not dependent in single factor, there are lots of reasons why Bitcoin crashes at times. Fakes news, banning issues, FUD, FOMO'S, having no creative decisions-making perspective and a lot more. These are some of the factors that can be considered why there is a wild swing of the market. I believe that these can be prevented if we are aware of how this technology works, be educated enough to deal its nature, be on the look out of what are the trend, and be more responsible.
This is a complicated problem. You can understand that it is caused by bitcoin cash. It can also be understood as crude oil and the stock market. But I don’t think this is true. I think there is only one reason for bitcoin to fall, that is, the whales need Do this.
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
It is not going yo go to $1000 in next 5 months. In next 5 months, you will see it again going to $20000 or so. The current time is bad because of a number of factors like existence of so many coins. With time passing by and so much of competition , useless coins will get wiped out on their own.
ICO governments have begun to regulate.
Which lowered the demand for cryptocoins.
There are no prerequisites for growth.
Which lowered the demand for cryptocoins.
There are no prerequisites for growth.
It is not out of place to predict, but the basis of prediction has to be empirical. All of us want bitcoin to come up to a reasonable value, but what should be of importance should be the long-term acceptable value of bitcoin. IMO, $10,000 for bitcoin only serve the interest of speculators.
These are all due to never-ending issues, controversies, fake and negative news, and all other issues thrown by those who are trying to pull Bitcoin down. All these can have a big effect and impact in price fall. Investors seemed to withdraw and volatility can sometimes be misinterpreted. We Bitcoiners can be a media to spread good news and change the mindset of the public from their misconceptions about Bitcoin. Our unity and support can make a big difference on how people view it as a virtual currency, as a payment system, and its total functionalities on how valuable it is.
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 because its depend on market. But looks bitcoin price right now already bounce after drop to $3500. Hopely 2019 is good year for bitcoin and the price reach highest price again
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
Bitcoin price fall down because l believe it gonna explode soon for the price pump of bitcoin.l know every body will panic buying of bitcoin and even alts will pump.Crypto will rise up in the name of bitcoin,let's just watch it.
a lot of the bitcoin factor prices fall because of what one of them is competing with alt coin because it has a market capitalization of under 10 million US dollars and the number of hackers and thefts in my opinion so I can't mention any factors I just mention and explain just that
Jump to: