Why Bitcoin Price Going Down? - page 11.

Maerence

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Quote from: spiderlee on March 16, 2018, 05:56:26 PM

Hello guys, I been holding crypto currency for many years now because I so one of many enthusiast person on crypto currency particularly on bitcoin. From its low to its highest price. But now how I see it in the charts the price is to low, Its hit 7665$ from 20000$. Why?? What Happen??

If you buy it at 20000$ for sure its a big upset on you side because you loss more that 50% of your capital.

That is why even if Bitcoin Price is to low today many investor's are afraid to buy because bitcoin myth go down more and
the loss moeny.

I know there is a lot of expert traders out there

Can you Make an Advice When I should Buy Bitcoin?

In what price bitcoin price heading now, thus it goes down? or up?

And how much money should I invest on it?

The reason why Bitcoin falls is because its intrinsic value is lower than it’s actual price. In each case, the value of the assets were much lower than the market price. Then the prices adjusted once people realized they were over-paying. We may see the odd bounce on BitCoin if there is a perceived temporary scarcity, but in the end, it is worthless.

indiejeff

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i think one of the reason why the value of bitcoin bro is still going down it is because the negative feedback's and news about cryptocurrency specially bitcoin, some said the security is not that secure and the holder's are prone to hackers, maybe that's the reason why other investor's are still afraid on investing to it. IMO

justdimin

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www.Crypto.Games: Multiple coins, multiple games

Quote from: Donceng on March 25, 2018, 12:23:56 PM

your question how much should I invest? answer how much your money is and how sure you invest your money. if you can afford to buy in large quantities then maybe you will be the next whale. and in better purchases in the price of 7000 $, this seems like a suitable price for being a whale.

That is even a question that is totally dependent on one's pocket. Not everyone can afford to buy a single bitcoin, so in as much as what you are buying is affordable, you can always go ahead. This is the kind of moment where anyone should even be considering to buy bitcoin since the value is a lot low and the fact that you can end up having a good time ahead when the market recovers should be enough to life one's spirit.

One prime reason we need to understand is, after big growth happened in last year, people who have invested in 2015, 2016 and in early months of 2017, might have started to book their profits which eventually led the prices to down from ~$20k levels.

Donceng

member

Activity: 251

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I can not say anything, because according to your argument seems to have very experienced in this case. but for me to see about the market movement, I can conclude that the current market downturn is caused by bitcoin users, and they have made a mistake, having switched their investment to other coins.

SolomonSollarsNSense

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I have read an Article at ThecCrunch where they stated the reason of recent bitcoin crash is because of Bitfinex and Tether issues, and because Facebook announced to ban ICO and crypto ads.. i think it might be the right reason of recent bitcoin crash .

See Full Article;https://techcrunch.com/2018/02/01/why-is-bitcoins-price-down/

supandi wiharja

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Earn crypto for being contacted

I think there are currently some factors that make bitcoin prices down and indeed almost all cryptocurrency has decreased significantly.
The current phenomenon makes many people frustrated and panicked to sell their bitcoins so it is clear that large-scale sales will affect the value of bitcoin.
If you believe that bitcoin is a crypto that has a good future, then what's wrong if you wait and be patient to not sell it now, we together should increase its value again, in order to get good results when it later sells.

santafewarrior1980

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Activity: 179

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Quote from: spiderlee on March 16, 2018, 05:56:26 PM

Hello guys, I been holding crypto currency for many years now because I so one of many enthusiast person on crypto currency particularly on bitcoin. From its low to its highest price. But now how I see it in the charts the price is to low, Its hit 7665$ from 20000$. Why?? What Happen??

If you buy it at 20000$ for sure its a big upset on you side because you loss more that 50% of your capital.

That is why even if Bitcoin Price is to low today many investor's are afraid to buy because bitcoin myth go down more and
the loss moeny.

I know there is a lot of expert traders out there

Can you Make an Advice When I should Buy Bitcoin?

In what price bitcoin price heading now, thus it goes down? or up?

And how much money should I invest on it?

Bitcoin is still going down because there are still many people selling their bitcoin to recover their capital because they are afraid of the circulating bad news that it will end to zero value.

rickadone

legendary

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Quote from: Naida_BR on March 25, 2018, 07:06:44 AM

In my respect, i believe it is normal to go downwards as long as there is some uncertainty about cryptos regarding the goverment laws that may be implemented in some countries.
Maybe the price is going down but people's awareness goes up and this will make bitcoin go to the top again!

Simply put, we cannot just always expect one directional movement every time. The way the market has always been, it is either we are in a downtrend today or in the next few days we are back in an uptrend. That is what generally makes a market and for those who are always losing hope because they bought at the top, they should either take it as a best option to always buy more at the bottom, because a market can never remain the same way most of the time and recovery is always good.

nniecan001

member

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Merit: 21

Quote from: MD Milon on April 05, 2018, 10:03:40 PM

Bitcoin price going down because some social media play negative role about bitcoin.some false news create panic.I think fake news is the high reason of bitcoin price down.but I hope its recover soon.

Wondering why they panic so much? maybe if they don't have enough knowledge in bitcoin , but if you knew the ability of bitcoin, you will never make a panic decision that may lead you in a wrong withdrawal of your asset and other alternative coins. We need to spread a positive and legit news about bitcoin and how high it's survivability in every situation, just to lessen the damage and to delete the bad image of bitcoin from the fake news.

MD Milon

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Bitcoin price going down because some social media play negative role about bitcoin.some false news create panic.I think fake news is the high reason of bitcoin price down.but I hope its recover soon.

el kaka22

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www.Crypto.Games: Multiple coins, multiple games

Quote from: BTC-BTC-BTC on March 25, 2018, 07:23:18 AM

Once uncertainty on Bitcoin and alternative currencies are cleared up on the regulation, tax, and ICO. We will be in a much better place than at the moment. People are frustrating with profit takers and panic sell also contribute to the recent bitcoin price cuts. Just wait it out if you can.

Well, let them panic sell, they will always come back around anyway when the market is back and running with a lot of people joining into fomo most of the time, since that is what they know how to do best. We cannot always have it all in the market, and whether we like it or not, we will always experience these moments once in a while, but the good thing about it all is that, it always recover and that is one thing to always look forward to for those who believe in what they are holding.

Panic sellers will always be in a market where everything is speculative and a lot of people are busy getting greedy and looking for a quick way to make money which is why I believe it is something we cannot even outrule until we start seeing real life usage of bitcoin as a currency. Those who understand that what they are holding basically will change a lot of things in the future; will know why they should be holding it.

Ismat Morshed

jr. member

Activity: 238

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There are so many reasons because of which the market value of the bitcoin is dropping down.Fake news is the main reason.No matter how low the price of Bitcoin gets, I will never be worried about it.This market will soon recover.

jojowar

member

Activity: 378

Merit: 10

For me because of so much demand in bitcoin last year, the value of it were extremely rose. When supply meets the demad or the supply is much higher than the demand, its value decreases.

barbara44

hero member

Activity: 2548

Merit: 605

Quote from: nikisev on March 30, 2018, 02:00:17 AM

BTC has no real business behind it.
That makes it volatile.
Still consider it buy low situation.

There are so many reasons because of which the market value of the bitcoin is dropping down and that this is making the investors a little more worried and that few of the investors are also selling their coins because of getting panicked.

However, this market will soon recover and that good days are still yet to come and that you need not to be worried about anything and that you need to keep hoping for the best.

anntlevel

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Activity: 286

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No matter how low the price of Bitcoin gets, I will never be worried about it. Yes I do invest my money into Bitcoin, but I’m not part of these people who are crazy about Hodling and being lazy, and I’m also not relying on Bitcoin to make money, I already have other means of making money which are far much better. Whenever I invest on Bitcoin I don’t do it because I want to HODL and steal out once the price is high. No, I have my plans whenever I’m investing and I never mind the price rate when I decide to invest. I buy at any rate and it never bothers me.

Sum24

member

Activity: 448

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Quote from: nniecan001 on April 01, 2018, 05:54:52 AM

Quote from: betetakjelas on April 01, 2018, 05:06:05 AM

i heard ahwa someone has sold 9000 btc and caused its value down but i forgot where i find that news and i also know that g-20 news also cause bitcoin value down

Can you provide Sir some links or proof if this is true, I merit you if you provide those things for sure. Anyway, it sad at this time for having a low value again, but it's okay. Most of us knew that the bitcoin can survive again, like in our country, they use bitcoin in so many things like paying bills and etc.

For sure growth of bitcoin is certain now, it is very bad to sell your bitcoin at panic price, people should have patience after buying bitcoin, holding will decrease the price falling in market, it’s sad to sell someone selling that much bitcoin at time to gaining, now again bitcoin market has started to make profit then I would suggest you to hold and do not panic at any cost, people sell high amount of bitcoin at the same time which makes the market a bit low but it is just temporary fall, don’t make any decision for selling at that time, so it will save your bitcoin form panic.

jostorres

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Quote from: semarm3sem on March 28, 2018, 12:16:10 AM

So basically right now we are in a spiral of falling down due to people using BTC for gains and not for the true sense of what it was created for. People buy, hold and as soon as they see a good price they either sell or as soon as they see a dip they sell due to panic. This is a very volatile industry crypto is not for the faint of heart, where there is tons of money to make there is also tons of money to loose.

Basically it is a sensitive game. If you don’t play it with care, concern, high controlled mind and determination, and patience you will never be getting any good news from here.

People are continuously investing their money and time in bitcoins but these coins only favor a person who have strong controlling skills. His mind must be under controlled and especially when prices are going down.

Lynks

jr. member

Activity: 265

Merit: 1

Crypto is suffering from government regulations as such it is affecting stability of bitcoin and other alt coins

nniecan001

member

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Merit: 21

Quote from: betetakjelas on April 01, 2018, 05:06:05 AM

i heard ahwa someone has sold 9000 btc and caused its value down but i forgot where i find that news and i also know that g-20 news also cause bitcoin value down

Can you provide Sir some links or proof if this is true, I merit you if you provide those things for sure. Anyway, it sad at this time for having a low value again, but it's okay. Most of us knew that the bitcoin can survive again, like in our country, they use bitcoin in so many things like paying bills and etc.

betetakjelas

newbie

Activity: 189

Merit: 0

i heard ahwa someone has sold 9000 btc and caused its value down but i forgot where i find that news and i also know that g-20 news also cause bitcoin value down

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