Topic: Why Bitcoin Price Going Down? (Read 1406 times)
Fluctuation of the price depends on the people's demand and supply that's why other users are switching to altcoins. Yet the transaction fees are getting higher and higher due to the demand of the mining fees everyone could not help it but rather wait for the upcoming LN but LN is under in development and everyone couldn't wait for it to release. Some FUD or fake news will affect also the fluctuation of the price because people will tend to panic selling if they see that the price is down. Price correction does a big impact to Bitcoin because of it's constant rising.
Bitcoin is not going down its price is going normal but there is no need to worry about bitcoin because its price is related with market some time its price will be high and sometime its price will be low and it’s not a first time that it’s going to happen it happen so many time before and I’m sure that this time its price will go more high because bitcoin don’t compromise on its price and it change its price fast from low to high.
My opinion is that bitcoin has not yet been appreciated by everyone, that's done, but this is again done to buy it in the future, hence it follows that it is simply held at a level that suits many. At the moment.
It is also one of the reasons that many people still do not believe in bitcoin and they do not want to invest in bitcoin. When there is no more investment the price will not increase. Price depends upon investment cap. Other reason is that whales affect the price because they manipulate the crypto market and change the price according to their well.Because it fluctuates every year. It is normal that people are buying btc to increase the value and sell their bitcoin also when the value increase. The supply and demand applied in bitcoin that's why it is increasing and decreasing at the same time. People who are not good at trading makes bitcoin comes down also.
Yeah falling prices are a natural thing of bitcoin price changes in the market, and we don't need to panic because of this, but the question is what makes the bitcoin price steadily declining in recent weeks? because there is nothing surprising about bitcoin price changes this monthBig institution owners don't want crypto to be valuable. They want to rule their world. They want to become richer. They want more central structures to control all the people earning and spending money in the world. This is the main reason.
The price generally goes down when the demand decreases but the current market has a constant increase and this is the time we invest in order to make our coins valuable after a long term and our investments will payoff.
If you buy it at 20000$ for sure its a big upset on you side because you loss more that 50% of your capital.
Can you Make an Advice When I should Buy Bitcoin?
And how much money should I invest on it?
Of course, everybody will be disappointed when looking at losses that exceed 50% of funds used, the last time when bitcoin prices have reached $10,000 and it didn't last long even within a week.
The last time I read an article from Pantera Capital, dropped bitcoin price since the beginning of 2018 was caused by taxation that forced sell a lot of bitcoin to meet the tax requirements. And They also explain that in 12 months bitcoin prices will be back at $20,000.
My suggestion is better to invest your money 50% of current price and wait within 12 months hopefully the article gives accurate news.
I think that in order for everything to begin to pay bitcoins instead of fiat money - we need to stabilize the currency. For great jumps in the bitcoin course, they can not be used for all humanity.
In my opinion many reasons for dropping value of bitcoin. People are in complex about the future of bitcoin. Now many people think that their investment will be lost if bitcoin disappear from the market. Many say that it is a bubble and can be blown any time in the future. With the passage of time the trend of investors change and they put and withdraw their money due to complexion.
I think that in order for everything to begin to pay bitcoins instead of fiat money - we need to stabilize the currency. For great jumps in the bitcoin course, they can not be used for all humanity.
Because it fluctuates every year. It is normal that people are buying btc to increase the value and sell their bitcoin also when the value increase. The supply and demand applied in bitcoin that's why it is increasing and decreasing at the same time. People who are not good at trading makes bitcoin comes down also.
Yeah falling prices are a natural thing of bitcoin price changes in the market, and we don't need to panic because of this, but the question is what makes the bitcoin price steadily declining in recent weeks? because there is nothing surprising about bitcoin price changes this monthBig institution owners don't want crypto to be valuable. They want to rule their world. They want to become richer. They want more central structures to control all the people earning and spending money in the world. This is the main reason.
The price generally goes down when the demand decreases but the current market has a constant increase and this is the time we invest in order to make our coins valuable after a long term and our investments will payoff.
The market will have some time to go up and down to balance, I think it is time to buy into btc because the price is low, and the future is sure btc will rise as more and more investors will be new. poured money into the crypto market. Have faith in btc with me. Make wise investments with the amount you allow.
This is the beauty of bitcoin that the price is not stable and there is huge volatility in the price. More and more people take interest due to huge bumps and dumps in the price. Investors have big chances to gain handsome profits. If we observe the price for the last few weeks the price is almost stable and there is no such volatility in the price. stuck between $8-8.5k.
Now, we can see that the price of bitcoin completely repeats all other top coins in the market. I think there's little reason to guess. The markets are under control!
If you buy it at 20000$ for sure its a big upset on you side because you loss more that 50% of your capital.
Can you Make an Advice When I should Buy Bitcoin?
And how much money should I invest on it?
Of course, everybody will be disappointed when looking at losses that exceed 50% of funds used, the last time when bitcoin prices have reached $10,000 and it didn't last long even within a week.
The last time I read an article from Pantera Capital, dropped bitcoin price since the beginning of 2018 was caused by taxation that forced sell a lot of bitcoin to meet the tax requirements. And They also explain that in 12 months bitcoin prices will be back at $20,000.
My suggestion is better to invest your money 50% of current price and wait within 12 months hopefully the article gives accurate news.
does this have anything to do with twitter that will block cryptocurrency, sorry for noob question
Yes we can do a lot of things in this regard if we will post and tweet about bitcoin acceptance than for sure they will accept bitcoin again, but if we will not take any notice and will say that we cannot do anything then sure it will not work out, we should struggle for bitcoin to make it unban at any cost, at this time nothing is better than bitcoin for us so be hopped we can do anything to let our bitcoin breath forever, sitting idle and waiting to make it unban by itself is in vain.
Cause it is the essence of the bitcoin's trading when the value of bitcoin never down or never decreases it is not good for the people to know it they will think that bitcoin is not volatile anymore and when that's happen for sure the value of bitcoin will never be considered anymore.
Trading will not effect bitcoin prices continue to decline. OP ask why bitcoin price going down? trading will create a fluctuating price which means the price will rise and fall, this normal condition that we will see per day in market cryptocurrency. But the cause of bitcoin continues to decline is the number of users who sell bitcoin because there is news or negative information coming to the world of cryptocurency, such as the government's ban regulations against bitcoin and so forth.
Almost everyday you will hear or see rumors that gives negativity to bitcoin holders, if they panic we lose cause you will see again dumping of bitcoins in different exchanges, bad news + panic+ massive dump = down.
Bitcoin price is going down because of some reasons why it happened. Speculations has it that when bitcoin whales sell their bitcoin, a sudden plunge of bitocin's market price is felt. Another reason is also people selling off their bitcoin which means that the demand of people is also getting low.
because if I think that causes bitcoin price down it's a lot of negative issue issues that are about bitcoin. because the bitcoin is very sensitive really with a negative issue that can make bitcoin prices down as it is today
There are games of crypto whales. There are institutional investors, who use bitcoin futures, there is MTGOX case and so on. You know there are a lot of different factors which affect on the price. In my opinion you shoul have your own investment strategy and follow it.
I 100%agree with you. Only whales affect the price because I am not seeing any other reason for falling price. And it is not possible that price will fall without any reason. Big investors change the price according to their well and hold a huge quantity on low price and sell them for higher price and make huge profits. No doubt it is a game of whales.
a lot of people are losing their faith on the price of bitcoin, because most of them do not even care about bitcoin, just about the price and the return that it provides to them. Anyway, they will regret when it goes up.
I'm not sure that it will be great in the future because it's unclear who created it and who manages it! We will see.
No one exactly knows or correctly predict what can happen in bitcoin but one thing for sure is that it will be great in the future and being in the game in the present is definitely an opportunity in receiving great amount of profit.
Yes, you can say that now is the best time to buy bitcoin - the earlier, the better and not to mention that it is on its drop currently.
The value of bitcoin mainly depends on its demand/supply scheme, the more the people buy it, the greater the price it gets.
How come you do not know this if you are in the field for years now?
Yes, you can say that now is the best time to buy bitcoin - the earlier, the better and not to mention that it is on its drop currently.
The value of bitcoin mainly depends on its demand/supply scheme, the more the people buy it, the greater the price it gets.
How come you do not know this if you are in the field for years now?
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