Why bitcoin price getting low? - page 3.

SnapDown22

sr. member

Activity: 714

Merit: 250

Quote from: lyledark10 on February 01, 2018, 11:41:03 PM

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

I personally still will hold and persist with the confidence and patience to invest with bitcoin once bitcoin will experience a fairly rapid rise

Babyrica0226

sr. member

Activity: 854

Merit: 252

Sometimes in my thinking Bitcoin price getting low because of the negative fud news that has been exposed here even in the social media. So, once the community heard or read it mos of them will get easily panic which will lead them to sell their bitcoin. Or it could be it controlled by the whale investors perhaps.

aircrusan

full member

Activity: 322

Merit: 100

I do not understand why such questions arise! Everything is simple enough: After each growth there is a correction and now just such a moment, but fortunately now it comes to an end! Secondly, large market players deliberately underestimate the price, so that it is more profitable to buy crypto currency and earn more!

maulana rifai

full member

Activity: 331

Merit: 100

Quote from: pendekar cinta on April 24, 2018, 11:57:24 AM

I think bitcoin prices have decreased due to the circulation of bad issues about the world of cryptocurrency so that causes traders to panic and sell their assets when prices are in bad periods.The decision is what makes the market worse and to go up takes a relatively long time.

it could be that such things affect the bitcoin price. should be in this situation, to be patient and wait for the price to go up so as not to lose in selling. if there is no urgent need to sell the coin you have. better save and buy when the price is cheap.

Jerson

member

Activity: 154

Merit: 10

there's are many causes that's why bitcoin dropped down.first fake news in effective to many people panic selling, also raised bank numbers prohibited from using credit cards to buy virtual currency.

SellBuyAcc

newbie

Activity: 61

Merit: 0

Despite the fact that the bitcoin is getting in low rate sometimes it does not make me feel bother because I know someday or in such time bitcoin will grow more that the price of what we have now. And it is really normal that the price grows up and down.

Dingdong7

member

Activity: 138

Merit: 15

Quote from: lyledark10 on February 01, 2018, 11:41:03 PM

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 price drop is normal because it is volatile, the price changes from time to time. But surely is will go up eventually, since its becoming more in demand and popular. We are now seeing the price going up, surely it will go up even more.

gage6rowden12

newbie

Activity: 9

Merit: 0

I don’t know about other investors but I wouldn’t mind if it goes down again a little more so I can buy even more. But don’t get me wrong as off right now I am enjoying the price rising.

gusnulyadi

newbie

Activity: 118

Merit: 0

There are several factors that cause the drop in bitcoin prices, among them:
China closed access to virtual currency trading sites abroad. In addition, China also raised bank numbers prohibited from using credit cards to buy virtual currency.
A report on the US Securities and Exchange Commission (SEC) investigating the Bitcoin and other cryptocurrency exchanges.
There are some countries that prohibit bitcoin or criptocurancy in use as a transaction tool.

WorldBiz project

newbie

Activity: 84

Merit: 0

On the contrary it’s getting bigger so it’s better to invest now

James andrew

newbie

Activity: 224

Merit: 0

Now Bitcoin is normal and Bitcoin price is rise again
And I believed that Bitcoin will go high again

ibidathoillah

newbie

Activity: 14

Merit: 0

Because many countries do not recognize bitcoin as a legitimate payment

Bananaman0005

newbie

Activity: 14

Merit: 0

bitcoin price is getting low because all of the bitcoin currency getting change because of the people who wants to invest of the bitcoin they also have income if invest money because other people do is invest when bitcoin is low on price and withdraw it when it comes to getting rises.

pendekar cinta

full member

Activity: 490

Merit: 100

I think bitcoin prices have decreased due to the circulation of bad issues about the world of cryptocurrency so that causes traders to panic and sell their assets when prices are in bad periods.The decision is what makes the market worse and to go up takes a relatively long time.

Dudeperfect

hero member

Activity: 1190

Merit: 534

I believe that it is part of the correction process and we are in the last phase of it. I am expecting the price to recover from this month and we will see sustainable growth in the user base and price. The price rally that we have experienced in the last quarter of the last year was not organic and thus price collapsed soon after the peak point. Then it created a chaotic environment which resulted in a panic selling wave.

bellakrstna

newbie

Activity: 154

Merit: 0

But for now, bitcoin and crypto value are keep increasing.
As you can see now in the market the price of all crypto are green, it is good for us.

Odlanyer

member

Activity: 350

Merit: 10

The reason why the price of bitcoin is getting low because of some issues and there are some country banned bitcoin and the randomly changing to the price of bitcoin is normal no one know when the price back to the normal price and return to the old.

mithun303

jr. member

Activity: 392

Merit: 2

In my opinion it's unfamiliar many rich countries and at the same time it is forbidden by many government because lack of knowledge about bitcoin. In a nutshell, It is not become mayor currency in the universe yet. But, Many people slowly realize the importance of this currency which i mentioned.

extict12

newbie

Activity: 43

Merit: 0

its not always on top. it also struggle sometimes.. but im pretty sure i will go high. when? thats another issue just keep on minning..

NoG-NoG

full member

Activity: 616

Merit: 100

There are several reasons why bitcoin sometimes getting low and sometimes getting high. The stability of the bitcoin is from those who uses it and those are the investors. Because of the rumors, comment and negative feedback thats why the investors tend to fallback instead of taking the risk in bitcoin but still many people wants to invest in bitcoin even they've heard a lot of bad things and thats the reason why bitcoin is getting high. So if the investors will not fallback in investing then the bitcoin value will be stable and will never get low.

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