Topic: Why bitcoin price getting low? - page 5. (Read 643 times)
Bitcoin dropping big in prices is ordinary in getting ordinary in the last couple of years after its heavy rally moving upward. It seems more people are just taking profits. But long term bitcoin is still moving upward and you don't have to necessarily join the waves and stressed yourself.
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
Lack of information, fear of the unknown and the banning of major companies such as google, facebook and twitter and many countries. We experienced the lowest price of bitcoin for the last few weeks but we also witnessed an increase this recent week. However I think that bitcoin price will still rise.
I think due to bitcoin price's unstable this is normal. Every seconds the price changes.Its simple bitcoin price is getting low because recently there are some country who banned bitcoin in there territory. I'm sure the price of bitcoin will back in its normal situation.
i think it's because of small count of people investing in bitcoin and also some other countries banned bitcoin. I think this will not stay, bitcoin will surely rise up again.
Its simple bitcoin price is getting low because recently there are some country who banned bitcoin in there territory. I'm sure the price of bitcoin will back in its normal situation.
Pure manipulations of course ,the big players doesnt want to put their money into cryptocurrency when the market is failing thats why we should be buying more bitcoins.Doing so,will be get more profits when the market has recovered giving those people who bought from the bottom because IMO that is the time would be the most profitable trades comapre to the normal market condition.
Its simple bitcoin price is getting low because recently there are some country who banned bitcoin in their territory so the bitcoin user lessen in that way and the demand of bitcoin drop that is why the bitcoin price got low in that reason, but dont worried when bitcoin price is getting low because after a few days I`m sure the price of bitcoin will back in its normal situation.
Be patient.
Be patient.
And now bitcoin has started to rise again after a long fall in low prices, and I believe bitcoin will return beyond last year.
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
Over the past monthes a lot of people sold their cryptos and after long correction the market capitaliztion returned part of positions and stays in flet. But anyway bitcoin can't rise because of public attention focused on the alts and they are rising now. https://imgur.com/a/1DaM3
Because many investors sell their coins, so the supply of coins more than demand. that's the main cause of bitcoin prices going down. then what's the cause, the investors are busy selling their coins 
causing investors to sell their coins, as they panic, after bad news about Bitcoin. should be a true bitcoin player, we should not be affected by the obscure news about bitcoin, and continue to hold our coins until the coin has a high price.
causing investors to sell their coins, as they panic, after bad news about Bitcoin. should be a true bitcoin player, we should not be affected by the obscure news about bitcoin, and continue to hold our coins until the coin has a high price.
Right now Bitcoin needs some good news and stop lagging behind other in terms of development. In high hopes, it needs a 25% green consecutively of at least 7% up per day. Its a 50% hit for altcoins but it happen suddenly and is not the end of the world! We seen 50% green before.
The only reason for the price fall is PANIC,PANIC around the investors which are caused by the recent rumors,negativities and regulations against the bitcoin.Please stop saying India banned bitcoins because they didn't then we can see the price growth a little bit.People need to hold their bitcoins if you want the price to recover if you continue to convet them into fiat then the price will fall more and more.So people just don't care about anything just hold it.
Just stay frosty and hodl. It seems we got hit with a lot of FUD from mass media.
First you have South Korea ending virtual bank accounts and the USDT thing resurfaced.
And don't forget about BitConnect exit scam. All this creates FUD and cause panic sells.
First you have South Korea ending virtual bank accounts and the USDT thing resurfaced.
And don't forget about BitConnect exit scam. All this creates FUD and cause panic sells.
Yeah there is a lot of fear in the market at the moment. The important thing to remember is that the fundamentals of all of the technology has not changed, this is just FUD that is being pushed out intentionally to drive down the price
Just stay frosty and hodl. It seems we got hit with a lot of FUD from mass media.
First you have South Korea ending virtual bank accounts and the USDT thing resurfaced.
And don't forget about BitConnect exit scam. All this creates FUD and cause panic sells.
First you have South Korea ending virtual bank accounts and the USDT thing resurfaced.
And don't forget about BitConnect exit scam. All this creates FUD and cause panic sells.
I'm always positive when it comes to Bitcoin!
And It's not only BTC but all the market! is not stable @ all...
https://coinmarketcap.com/
Hope to hear from some1 with logic....
Regards,
And It's not only BTC but all the market! is not stable @ all...
https://coinmarketcap.com/
Hope to hear from some1 with logic....
Regards,
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
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