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Topic: Why Bitcoin Price is going down? (Read 650 times)

member
Activity: 179
Merit: 10
February 11, 2018, 05:23:20 PM
#66
 Smiley that's right unpredictable since that market opened in which virtually everyone of the world could get a part recently the government was starting to bring about the impact on bitcoin into the economic and decided to take the majority to control over it.the only thing we can do is wait when the actual price of bitcoin returns now .this is now patience since the march may go back to normal and for me this is the first experience and try I've gone through today it happen this year resolution .hopefully the price are raise again by this early of march and I thought the value of bitcoin did not down again for that reasonable that the value of crytptocurrency .just do jot end and IP getting back to the price of the crypto just needed to be .but now we need to be patience now everyone will come back to normal everything is just waiting for the prices raise up again  and it will come too.
newbie
Activity: 79
Merit: 0
February 11, 2018, 01:20:06 PM
#65
Bitcoin price cannot be predicted. Since bitcoin is based on decentralized network system, government cannot control bitcoin, many countries banned bitcoin considering, illegal. This is the reason where bitcoin’s value goes down.
full member
Activity: 414
Merit: 100
February 11, 2018, 12:40:22 PM
#64
As to this writing Bitcoin price is $8,618.99. Bitcoin price is really unpredictable. This is maybe because some of the countries Government does not consider cryptocurrencies a legal tender or coin and some of them take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system.



bitcoin price is going down because of fake news I think..yes it's true many country ban bitcoin it is another think for going down bitcoin.and so many people sell there bitcoin when they  cash shortage. don't worry up and down is the normal characteristic of bitcoin.. After a few months, everything will be ok.
full member
Activity: 807
Merit: 150
February 11, 2018, 12:23:25 PM
#63
There are many reason bitcoin price goes down such bad news about bitcoin, a countries ban bitcoin, policies in a country against bitcoin, and i think the main reason bitcoin price goes down because so many people sell their bitcoin.

ups and downs of bitcoins is just normal its just the matter of law of demand and supply
Yes, demand and supply
newbie
Activity: 49
Merit: 0
February 11, 2018, 12:11:23 PM
#62
ups and downs of bitcoins is just normal its just the matter of law of demand and supply
jr. member
Activity: 294
Merit: 7
BITDEPOSITARY - Make ICO's , More Secure
February 11, 2018, 12:09:58 PM
#61
the price has already increased from $6k, so no it's not falling. Actually it has been pretty stable for past few days. If you have been around for long enough, the volatily won't disturb you. Just people who spread and fall for fud are really annoying.
member
Activity: 350
Merit: 30
February 11, 2018, 12:07:34 PM
#60
As to this writing Bitcoin price is $8,618.99. Bitcoin price is really unpredictable. This is maybe because some of the countries Government does not consider cryptocurrencies a legal tender or coin and some of them take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system.



And aside from that, there are just some time that many users dumps or a bearish time than those who buys. Also the fact that fees are so big that makes bitcoin unusable in smaller transactions. That is what makes bitcoin volatile.
member
Activity: 190
Merit: 11
February 11, 2018, 12:06:20 PM
#59
The reason why bitcoin is decreasing is because of the sudden increase of value or price last December. In my observation, bitcoin is always growing by the last quarter or the last month of the year. Then decreases after the year or the First quarter of the year. I conduct a research on it so it's up to you whether you believe it or not. But you can read to some elite members of this forum they are more reliable.
member
Activity: 140
Merit: 10
February 11, 2018, 12:01:47 PM
#58
no one knows this, that's for sure. But the belief of people in bitcoin makes it grow even after a strong fall. Bitcoin is a symbol of decentralization, a symbol of freedom!
newbie
Activity: 1
Merit: 0
February 11, 2018, 11:59:13 AM
#57
Nobody has any idea.
jr. member
Activity: 98
Merit: 3
February 11, 2018, 11:54:26 AM
#56
As to this writing Bitcoin price is $8,618.99. Bitcoin price is really unpredictable. This is maybe because some of the countries Government does not consider cryptocurrencies a legal tender or coin and some of them take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system.

Yes. Bitcoin is unpredictable. Its price fluctuates. Changes from time to time. It may shoot up today then drastically crash tomorrow. I guess many factors affect this sudden changes. But what I read the most its that, it is normal for bitcoin or crypto market or even stock market to fall every first two months of every year due to tax things. After this, it will rise again. So many factors may affect this but the only thing we have to do is to wait for it to shoot up again.
newbie
Activity: 16
Merit: 0
February 11, 2018, 09:34:51 AM
#55
I think there are a number of factors contributing to the decline in the price of bitcoin. The bad news about bitcoin from China and South Korea is the main reason.
newbie
Activity: 165
Merit: 0
February 11, 2018, 09:31:32 AM
#54
Because the number of bitcoin sales so that the cause is down the price of bitcoin, And the problem of economic increase so that the trigger down at the bottom level. Thanks
hero member
Activity: 2268
Merit: 789
February 11, 2018, 09:08:38 AM
#53
As to this writing Bitcoin price is $8,618.99. Bitcoin price is really unpredictable. This is maybe because some of the countries Government does not consider cryptocurrencies a legal tender or coin and some of them take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system.




Here are some factors that I think that you need to consider on why bitcoin prices are very unstable at the moment:

  • Country prohibitions and law regulations have been implemented into some countries, including laws that are prejudicial to bitcoin;
  • Panic selling in India due to significant price drops into the prices;
  • Market manipulation caused by most whales; and
  • Potential hacking schemes happening in the internet

Though there some reasons that I did not mention that contribute on why bitcoin prices are low, take this time as an opportunity to invest and buy coins for future investments as I believe that it will regain its value maybe months/years from now. Just focus on holding and accumulating more coins for large profits. Do remember that only invest the money that you are willing to lose.
member
Activity: 204
Merit: 10
February 11, 2018, 08:46:57 AM
#52
As to this writing Bitcoin price is $8,618.99. Bitcoin price is really unpredictable. This is maybe because some of the countries Government does not consider cryptocurrencies a legal tender or coin and some of them take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system.


In theory, the price goes down because not much demand in the market.
The amount of seller is more than the total of buyer. Its caused of many bad news regarding bitcoin. Its my opinion.
newbie
Activity: 196
Merit: 0
February 11, 2018, 08:42:45 AM
#51
because big investor  sell BTC much and make the price going down if big investor sell many i think BTC price not going down
newbie
Activity: 210
Merit: 0
February 11, 2018, 08:36:01 AM
#50
I think the reason why Bitcoin price is going down because of the FUD that India and South Korea banned it. There are some news that those fake news were manipulated by the whales so that they can add more Bitcoin and altcoins on their investments. Do not panic. After a few months, everything will be ok.fud and and spaming news is over now its time to backin action. btc gradually up.We are very happy for bitcoin bouncing back.the most important thing now the market has returned to normal.
full member
Activity: 486
Merit: 100
DAEFROM.com
February 11, 2018, 08:21:12 AM
#49
I think the cause of bitcoin prices is going down because of bad news on bitcoin, like india that prohibits bitcoin in its country, do not panic with the current situation, better hold the existing coin, wait for the next few weeks, because bitcoin will recover as before.
sr. member
Activity: 560
Merit: 250
February 11, 2018, 08:19:28 AM
#48
As to this writing Bitcoin price is $8,618.99. Bitcoin price is really unpredictable. This is maybe because some of the countries Government does not consider cryptocurrencies a legal tender or coin and some of them take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system.





yes, one of them that strengthens the fall of bitcoin is the prohibition of some countries. but that does not become completely absolute, some cases of decline occur because in the resulting by the correction of the past. this is according to some sources, which I have read your analysis. yes, we can only wait until this situation returns to normal.
hero member
Activity: 868
Merit: 535
February 11, 2018, 08:13:32 AM
#47
There are a lot of assumptions in here, and surely there are multifarious reasons Bitcoin's price is going down. To be quite safe, I can say its depreciation is caused by a combination of factors -- false news dissemination, government laws and regulation, internal influence of whales and a number of neophyte and indecisive investors. All of these combined greatly cause market fluctuation as if these are all aimed at disarming the power of cryptoccurencies in the name of Bitcoin.

For better understanding, let me discuss these matters by way of a cycle.

When these neophytes come in, they do not know what to do next hence they heavily rely on hearsay, write ups, and others' experience. These people are more often than not scared thus they easily get influenced by false news propagated by whales, who are likewise controlling the market through its investments in Bitcoin per se. When governments see Bitcoin's price crucially erratic due to the above circumstances, they either ban or enact stricter laws and regulations.

So you see, all of these form a cycle and that is what is happening right now.
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