Topic: Why bitcoin price getting low? - page 2. (Read 643 times)
The lower bitcoin price is due to a wave of regulatory uncertainty over weeks and a ban on advertising by technology companies and the decline is also due to investors monitoring the warnings from some regulators and increasing crackdowns on the virtual currency market in China.
I would not call it panic. It is just the game of investment. There are no other criteria for bitcoin price fluctuations (like wars, economy situations, etc.), but the big investors need some "price waves" in order to have more profit and I do believe they can start these waves if they want.
I'm generally looking at marketcap.
https://coinmarketcap.com/
You can see your current volumes here. Prices are falling instantly when large amounts of money are withdrawn. When someone who earns huge amounts of money pays the account, it affects other prices as well.
The stock market is always a risky system. I need to be careful.
https://coinmarketcap.com/
You can see your current volumes here. Prices are falling instantly when large amounts of money are withdrawn. When someone who earns huge amounts of money pays the account, it affects other prices as well.
The stock market is always a risky system. I need to be careful.
everyone wanna know why bitcoin is getting low .. i think that there's no majore announcement regarding some big investors coming to crypto. Also, countries like Indian and Coroatia are banning crypto now completely..Or maybe bitcoin have own rating and no one knows will be the price of bitcoin.
I can not say that the bitcoin rate is getting low. It's just a fever as for me. The bitcoin course could be adversely affected by the investigation of the 13 largest crypto-banks, including Bitfinex, Bitstamp, Bittrex and Binance. But despite this, I believe that bitcoin has already passed the local minimum, and further growth awaits the crypto currency - unless large sales of crypto currency will be repeated and there will be no market manipulation.
I have not heard any updates for bitcoins recently I wonder if its still going to be a good investment or not.
For sure it is still the best investment and it will remain the same forever. Price is getting down because of panic selling but as you know no situation remain forever in bitcoin, if price will get down then after some time it will again rise infect now it is moving upward for high investment in market, so have patience and keep yourself updated about price rise and fall,. Now price is increasing best chance to buy at very decent and affording price. In my opinion bitcoin is getting low because the investor is going low. Or maybe bitcoin have own rating and no one knows will be the price of bitcoin.
As of now bitcoin price are getting stable, it was not increasing so much and it was not also decreasing. I was enjoying seeing that price of bitcoin are in neutral, I believe that it was continues and hoping that increasing literally on the following months. Bitcoin fall down price was due to large impact of withdrawals of amount of many capitalist.
In my opinion bitcoin is getting low because the investor is going low. Or maybe bitcoin have own rating and no one knows will be the price of bitcoin.
Someone just fixes profits, and multiplies their bitcoins, and most likely these people have a lot of money)
This is a standard situation, the market can not always grow and always fall, yet we have recently suffered a deep correction that it would take longer to get back after it.
This is a standard situation, the market can not always grow and always fall, yet we have recently suffered a deep correction that it would take longer to get back after it.
The prices are going down because there is no major announcement regarding some big investor coming to crypto. Also, countries like Indian are banning crypto now completely.
I think it's just another wave, and soon bitcoin will grow strongly. Falling is temporary, it just triggered bad news. We need to be patient.
There is one thing I would like you to know is that none of the assets including cryptocurrencies, shares, gold etc.. can go in one direction for a long period of time. It travels like a wave. Bitcoin has been in a decline for a couple of months and we saw that it recovered a little in price. It jumped to $9700 and right now its at $9200. I don't think it is going down. May be you consider the little decline of $500-$1000 as a downside but it is not what you think. We will see another spike very soon when it crosses $10k and then again we might see a little decline. This is how it goes.
I think this is the reaction of market to news of companies like Facebook, Google banning crypto related advertisements. This should be temporary and we will see prices recovering soon.
Bitcoin is dumping is some of the weak hands people sell there holdings because of a single fake news. And other country banned bitcoin so some of the community remove. And the whales spread the fake news to make to buy if bitcoin will be dump thats the cause why the bitcoin getting low.
Crypto investors are seeing red this week. Bitcoin plunged to two-month lows on Thursday, dipping below $9,000 for the first time since November. At the time of writing, Bitcoin had bounced back up to the $9,200 level, down from weekly highs just above $12,000. This week has seen coins across the board in the red — a sign that investors are jumping ship to fiat currencies this time instead of swapping into altcoins as we’ve seen in the recent past.
https://imgur.com/a/1DaM3
https://imgur.com/a/1DaM3
the decline in bitcoin prices as the latter investors hesitate bitcoin because of the many FUDs in circulation, from countries that do not support bitcoins, and the most impact is google will block bitcoin advertisements. so that's where investors hesitate and withdraw their money. look at the market is experiencing a very significant decline in February last. but now the market is starting to go up again. because the end of this end there is no FUD in circulation. hopefully the future of Bitcoin is supported by all countries. and it will automatically make the bitcoin price soar
Crypto investors are seeing red this week. Bitcoin plunged to two-month lows on Thursday, dipping below $9,000 for the first time since November. At the time of writing, Bitcoin had bounced back up to the $9,200 level, down from weekly highs just above $12,000. This week has seen coins across the board in the red — a sign that investors are jumping ship to fiat currencies this time instead of swapping into altcoins as we’ve seen in the recent past.
https://imgur.com/a/1DaM3
Bitcoin prices could drop drastically by up to 50 percent. And here are some things that can make the value of Bitcoin down dramatically;https://imgur.com/a/1DaM3
1. Bitcoin Mining Closure.
When a Bitcoin mine goes out of business, they usually tend to immediately remove all the Bitcoins they have stored. this could trigger a chain effect until the Bitcoin price drops.
2. Prohibition of Using Bitcoin Announced By A Stronger State of Economy.
Among the factors driving Bitcoin prices up, there is an element of recognition from a stronger economy. therefore, the reverse is true; Bitcoin's price drops if a stronger economy oppose and prohibit its use.
3. Closing of Bitcoin Exchange.
The law of supply shall also apply to the price of Bitcoin. the higher the supply of something, the lower is the price, if other conditions in general nothing has changed.
4. Technically, Bitcoin Already Buy (Overbought).
overbought means in other words, the current Bitcoin price is actually too high compared to the price that can be accepted by its users .
The reason why the price of bitcoin is getting low is because certain problems arises regarding bitcoin such as anomalies, threats, and downtrends. There are also people responsible for the sudden fall, such as manipulations and back-dooring. Although, there are times that the reason is just mainly the world issues about its centralization and such.
Crypto investors are seeing red this week. Bitcoin plunged to two-month lows on Thursday, dipping below $9,000 for the first time since November. At the time of writing, Bitcoin had bounced back up to the $9,200 level, down from weekly highs just above $12,000. This week has seen coins across the board in the red — a sign that investors are jumping ship to fiat currencies this time instead of swapping into altcoins as we’ve seen in the recent past.
https://imgur.com/a/1DaM3
Maybe this question should be edited now,since were on the bullish run..though after a week of posting this bitcoin drops upto $6,000 and that really a huge losses from the holder that panicked sell.https://imgur.com/a/1DaM3
After that red more than two months passed that continuously bloody market but today we can see a good sign that may result to rebound
The situation has changed and Bitcoin price is now moving towards green and now recovering everyday. That's a good sign after a huge crush.
Bitcoin price is getting low because of such a very small problem that crypto currency right now encountered. Bitcoin price is getting low because there is a traitor that really wants bitcoin to down. But right now, bitcoin already recovered and it is a good sign after a huge drop or crush.
It is not getting low. If you are watching the market you will see that Bitcoin is currently returning its value. So at the moment, there is a positive trend.
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