Panic selling is a disease. Market has lost of it's control because of this. Are this can be manipulated? Maybe yes/not
I have seen some group about pump/dump crypto coins, they has contributed about chaos in the market. I will not blame about that, but for some people who really interesting for long invest of Bitcoin, they was being upset and getting leave negative feedback about this to other people.
Topic: Why Bitcoin Price Going Down? - page 12. (Read 1406 times)
Please go up i cant live here omg deep
n some ways, bitcoin is a victim of its success. When more and more merchants boarded the ship, they increased the selling pressure of bitcoin. And when merchants sell almost all of their bitcoins to the market, the seller's market exceeds the buyer's market. Bitcoin attracts businesses to sell bitcoins.
If merchants accept bitcoins and pay them to employees, the ecosystem and price of the currency will be strengthened. Paying employees in bitcoins may happen in the future, although this is very rare in the present. Yet businesses are eager to accept bitcoin as another sign of its enduring strength and market demand.
If merchants accept bitcoins and pay them to employees, the ecosystem and price of the currency will be strengthened. Paying employees in bitcoins may happen in the future, although this is very rare in the present. Yet businesses are eager to accept bitcoin as another sign of its enduring strength and market demand.
Nobody wants to do something that will benefit the community and help us on the long run, everyone just wants to achieve their own selfish goals. The price is so volatile due to this, it goes up and falls down heavily.
When money is involved, people chase their own goals, work out their own hidden agenda motives, etc. It's something that happens in each and every market, and will not spare Bitcoin's market. This isn't the main reason this market is going up and down heavily. It's a combination of ignorance, free market aspect (ie, lack of rules), immature market, low availability of liquidity, etc. But overall, we just have to admit and accept the fact that the majority of the people are here only to make profit, which isn't all that bad considering more people investing in Bitcoin lowers the availability of on-market coins in the long term, and that's beneficial for the market. Just look at the charts, if you ignore the wild up and down swings, the price has been going up the entire time. People tend to worry about the volatility being a harming factor, but the long term picture clearly doesn't agree with that.
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.
Yes, you’re really hitting a point here man. I believe that the main reason we’re always seeing all these downfalls are because of people selfishness and greediness. Nobody wants to do something that will benefit the community and help us on the long run, everyone just wants to achieve their own selfish goals. The price is so volatile due to this, it goes up and falls down heavily. I think today, many people become panic because the price still going down too deep and reaches $6k but fortunately, the price in a few hours ago is increasing until $7k but now its down again to $6k. besides that, I think maybe there is any fake news in out there that makes people think that bitcoin will down at some level of price. I think the price will up and down in the $6xxx-$7xxx so we can use it to make a profit from bitcoin.
There might be a huge number of people who are on panic right now and the good thing is we can actually make money because of the ups and down of bitcoin. Its a total crash of all cryptocurrency, I hope this will not last for years, 2nd quarter of 2018 will be the time for cryptocurrency to bounce.
They already good burned as early as January-February so I guess they have exited already. And the rest who have bought at that top price who are still holding will slowly offload as well because they thought that its going to bounce back, sadly that is not the case. I guess you have heard about trustee secretly offloading of bitcoin from December up to the first week of March, that put a lot of strain in the market that's why its seems we can't really take off, heck even really hard to get. And then there's a lot of FUD and then governments and banks, anti bitcoin stance. I'm no expert in predicting where the price is heading, but if you are going to look at bitcoins previous record, its only proven that it has the ability to bounce back. As far as how much money you should invest, I don't think that anyone can answer that. I guess its really up to you, how much money are you willing to risk...
I think today, many people become panic because the price still going down too deep and reaches $6k but fortunately, the price in a few hours ago is increasing until $7k but now its down again to $6k. besides that, I think maybe there is any fake news in out there that makes people think that bitcoin will down at some level of price. I think the price will up and down in the $6xxx-$7xxx so we can use it to make a profit from bitcoin.
It is due to some reasons why bitcoin price is down.
Fake news- this will only create panic to holders
Mt.gox selling of 7000 btc to drop the price of bitcoin.
Fake news- this will only create panic to holders
Mt.gox selling of 7000 btc to drop the price of bitcoin.
Since the beginning of 2018. Price of bitcoin is going down which to me is no wonder considering the fact that there's no govt. control over the transactions which is a huge danger for every country.
put yourself in the government shoes and then see for yourself how dangerous bitcoin or such virtual currency can be when It's about the national security and safeguarding of a country and its resources.
I mean whatever is happening is the eventual outcome of whatever has been envisaged before. no wonder price will rise when bitcoin will get governments approval. especially the US and EU.
put yourself in the government shoes and then see for yourself how dangerous bitcoin or such virtual currency can be when It's about the national security and safeguarding of a country and its resources.
I mean whatever is happening is the eventual outcome of whatever has been envisaged before. no wonder price will rise when bitcoin will get governments approval. especially the US and EU.
buy bitcoin right now, if the price goes up you sell it!
The price of bitcoin presently is alarming cos its going down day by day and many investors are withdrawing their money out .bitcoin prices can either go up or down again nobody knows but the best thing if you want to invest in bitcoin,invest little not much of your access so that if it goes up you will gain and even if it fells dowm you wont lose much.
I am actually thankful that Facebook, Google and other big social platforms are banning crypto ads since the main reason is that most of which are scams and phishing links. On the other hand, there is bad news after bad news for Bitcoin which also affects the entire crypto market. I'm fearing the worst is yet to come.
what I know is a lot of negative news about bitcoin so bitcoin prices continue to decline, but in the next few months, bitcoin prices will grow back ..
so now we have to think positive that bitcoin will grow again ..
so now we have to think positive that bitcoin will grow again ..
there are many reason why bitcoin goin down,
among them is below.
bad news - circulation of the news is greatly affect the price of the coin. negative news create FUD thus resulting into downfall of market price.
among them is below.
bad news - circulation of the news is greatly affect the price of the coin. negative news create FUD thus resulting into downfall of market price.
BTC has no real business behind it.
That makes it volatile.
Still consider it buy low situation.
That makes it volatile.
Still consider it buy low situation.
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?
This topic has been discussed several times in this forum. I will still repeat the same thing I’ve been saying to others that ask same question and that is– investors took a break. There are times when you take a break, you don’t continue working forever, do you? Nope you don’t, there are times you decide to take a break and also use the opportunity to do other things and watch how things are going before getting back to work. Just be patient, the market will get better soon. 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?
I think now many people get shocked to see bitcoin price is down for more and I see the price reaches $68 in poloniex. and from the last night, the price is getting dump too hard and this makes altcoin following to get down too although there is a coin that still tries to increase. I hope its just another correction and maybe after this, the price will bounce up and make a new high price again. but if the price is getting down again, many people will get sad and makes a fast selling because they just panic to see the price.
Today, the price of bitcoin is $ 7,421.03 (a 5.81% reduction). It is time for the cryptocurrency market to stabilize in price and assert itself. After this time I believe that not only the bitcoin but other coin altcoins in the cryptocurrency market will also turn to green graph lines and further develop.
Hopefully the market will stabilize now, and hope that bitcoin will stay at the level of $7k. We know that most of the altcoins are also dump so we should be more patience this time because the only option for me is to hold or buy more which is good in long term.
Today, the price of bitcoin is $ 7,421.03 (a 5.81% reduction). It is time for the cryptocurrency market to stabilize in price and assert itself. After this time I believe that not only the bitcoin but other coin altcoins in the cryptocurrency market will also turn to green graph lines and further develop.
You should invest to Cybermiles(CMT) at this time, tomorrow they will hold Testnet event to introduce about Travis - their testnet code name. If this event success, alot of people will use it and the price of CMT will go down next time.
This is really a good chance to get profit.
Try to use Travis to know about hoe to apply blockchain for E-commerce
Info: https://twitter.com/cybermiles
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