Topic: Why Bitcoin so down (Read 855 times)

Why Bitcoin came so low in 2018 january to march

Not really low. Compare last years January - March and you'll see if bitcoin did really became low from that time up until now.

Quote from: jossiel on March 26, 2018, 02:08:17 AM

All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?

What are you expecting? Bitcoin will become $25,000 as they said? It's not a hocus pocus that will just turn as they said. Bitcoin is a market that has a lot of ups and downs and is playing just like a roller coaster so basically due to many factors, it can't happen in an instant manner.

Market is constantly moving and price correction can't be avoided. Bitcoin's price may sometimes plunge due to arising issues, negative news, media influence, or misinterpretation of the real nature of Bitcoin. What truly matters is keeping our trust and positivity high and strong despite volatility.

I don't think this to be a price correction, and if that's the case I'm very happy about it. Because, after some time period the price will start to grow forward. The corrections happening now and then makes it a weird time to think about the growth. I believe the restrictions as the major factor for the price fall.

Chachacoin17

sr. member

Activity: 672

Merit: 250

Why Bitcoin came so low in 2018 january to march

Not really low. Compare last years January - March and you'll see if bitcoin did really became low from that time up until now.

Quote from: andrei56 on May 22, 2018, 09:57:49 PM

All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?

What are you expecting? Bitcoin will become $25,000 as they said? It's not a hocus pocus that will just turn as they said. Bitcoin is a market that has a lot of ups and downs and is playing just like a roller coaster so basically due to many factors, it can't happen in an instant manner.

Market is constantly moving and price correction can't be avoided. Bitcoin's price may sometimes plunge due to arising issues, negative news, media influence, or misinterpretation of the real nature of Bitcoin. What truly matters is keeping our trust and positivity high and strong despite volatility.

Eleven86

member

Activity: 364

Merit: 10

The price again starts to decrease, no one expected this much down. Due to rumors the bitcoin price again and again goes in down. This weekend price goes very low. Today again it goes very down. Most people have a hope that the price will increase and market will recover. But there is no sign for recover. Investors are not ready to invest. Due to lack of supply the price gets lower and lower.

Tigorss

member

Activity: 308

Merit: 10

Quote from: chainedblocks on May 08, 2018, 05:17:35 AM

Quote from: followmenot on May 04, 2018, 01:53:02 PM

Bitcoin was dumped by thousands of crypto investors because it reached 20000 dollars so much quicker than expected without specific reasons other than speculations. Now its corrected by market

)

Yeah the bump was unexpected and not according to the growth level. Now it is on the right path. The price is gradually increasing. I think that the fall from $20k to $6k was natural. The jump was unnatural and came down to its normal price. Now we hope that till the end of this year the price will again cross approximately 11000 dollars.

The crash that we suffered from 20000 to 6000 was natural but at the same time the correction was to big that is why we saw the price increase after that, I really think that your prediction that we are going to reach 11000 at the end of this year is completely possible, you're doing fine I have seen many people claiming that we will reach even higher prices than in the last year and I find that very unlikely.

For me it isn't a problem for the price to dip because as a holder of bitcoin I knew the technical issues why the price was so volatile. The people who still have strong dedications on their assets can benefit when the value arises very higher. Don't worry these days of bitcoin price so down, it was just a part of the system so expect more changes for the coming days and prepare for the coming bull run.

In my opinion there is not a coming bull run in this year that is my point, there are many people that think that we're going to recover in the price almost immediately and I am very doubtful of that, I'm not shorting bitcoin or anything like that I will be benefited greatly if the price of bitcoin went up but it is very difficult for me to believe that we're going to see such an increase in price in such a short amount of time.

whether the bulls you say are as influential as other currencies so that it goes down I think not just that and one more thing I ask why when the bitcoin price drops it affects the price of the other.

andrei56

sr. member

Activity: 840

Merit: 254

Quote from: chainedblocks on May 08, 2018, 05:17:35 AM

Quote from: followmenot on May 04, 2018, 01:53:02 PM

Bitcoin was dumped by thousands of crypto investors because it reached 20000 dollars so much quicker than expected without specific reasons other than speculations. Now its corrected by market

)

Yeah the bump was unexpected and not according to the growth level. Now it is on the right path. The price is gradually increasing. I think that the fall from $20k to $6k was natural. The jump was unnatural and came down to its normal price. Now we hope that till the end of this year the price will again cross approximately 11000 dollars.

The crash that we suffered from 20000 to 6000 was natural but at the same time the correction was to big that is why we saw the price increase after that, I really think that your prediction that we are going to reach 11000 at the end of this year is completely possible, you're doing fine I have seen many people claiming that we will reach even higher prices than in the last year and I find that very unlikely.

For me it isn't a problem for the price to dip because as a holder of bitcoin I knew the technical issues why the price was so volatile. The people who still have strong dedications on their assets can benefit when the value arises very higher. Don't worry these days of bitcoin price so down, it was just a part of the system so expect more changes for the coming days and prepare for the coming bull run.

In my opinion there is not a coming bull run in this year that is my point, there are many people that think that we're going to recover in the price almost immediately and I am very doubtful of that, I'm not shorting bitcoin or anything like that I will be benefited greatly if the price of bitcoin went up but it is very difficult for me to believe that we're going to see such an increase in price in such a short amount of time.

Hannahanto

full member

Activity: 826

Merit: 111

The negative news spread about bitcoin recently. Like bitcoin is going to ban, hereafter the price of bitcoin will not increase. Due to this reason people get panic and they are ready to sell their bitcoin. Investors dont want to take risk to invest in bitcoin. People not understand this price volatality is common and it happens every year. The price is not going down, it struggles to increase. If market recovers the price of bitcoin will reach to very high level.

prtty2gal2

hero member

Activity: 1092

Merit: 523

Quote from: chainedblocks on May 08, 2018, 05:17:35 AM

Quote from: followmenot on May 04, 2018, 01:53:02 PM

Bitcoin was dumped by thousands of crypto investors because it reached 20000 dollars so much quicker than expected without specific reasons other than speculations. Now its corrected by market

)

Yeah the bump was unexpected and not according to the growth level. Now it is on the right path. The price is gradually increasing. I think that the fall from $20k to $6k was natural. The jump was unnatural and came down to its normal price. Now we hope that till the end of this year the price will again cross approximately 11000 dollars.

The crash that we suffered from 20000 to 6000 was natural but at the same time the correction was to big that is why we saw the price increase after that, I really think that your prediction that we are going to reach 11000 at the end of this year is completely possible, you're doing fine I have seen many people claiming that we will reach even higher prices than in the last year and I find that very unlikely.

For me it isn't a problem for the price to dip because as a holder of bitcoin I knew the technical issues why the price was so volatile. The people who still have strong dedications on their assets can benefit when the value arises very higher. Don't worry these days of bitcoin price so down, it was just a part of the system so expect more changes for the coming days and prepare for the coming bull run.

Bitcoin is not so down and we have seen these fluctuations many times and now the price is stable and this is good news we saw a stable price these days is a blessing and another chance for investment. This is predicting as another opportunity for people to invest and get the benefit of it at high market price. The Bitcoin process is a simple price once you gain experience of it.

gabmen

hero member

Activity: 1246

Merit: 529

CryptoTalk.Org - Get Paid for every Post!

Quote from: chainedblocks on May 08, 2018, 05:17:35 AM

Quote from: followmenot on May 04, 2018, 01:53:02 PM

Bitcoin was dumped by thousands of crypto investors because it reached 20000 dollars so much quicker than expected without specific reasons other than speculations. Now its corrected by market

)

Yeah the bump was unexpected and not according to the growth level. Now it is on the right path. The price is gradually increasing. I think that the fall from $20k to $6k was natural. The jump was unnatural and came down to its normal price. Now we hope that till the end of this year the price will again cross approximately 11000 dollars.

The crash that we suffered from 20000 to 6000 was natural but at the same time the correction was to big that is why we saw the price increase after that, I really think that your prediction that we are going to reach 11000 at the end of this year is completely possible, you're doing fine I have seen many people claiming that we will reach even higher prices than in the last year and I find that very unlikely.

For me it isn't a problem for the price to dip because as a holder of bitcoin I knew the technical issues why the price was so volatile. The people who still have strong dedications on their assets can benefit when the value arises very higher. Don't worry these days of bitcoin price so down, it was just a part of the system so expect more changes for the coming days and prepare for the coming bull run.

Well i think one of the problems was a lot of people entered the market during that time that didn't have any idea what they're doing. Speculation made btc soar to the roof and speculations also will drag it down because of weak hands who easily become pressured with anything they hear about bitcoin

Edsemen

full member

Activity: 413

Merit: 100

Quote from: chainedblocks on May 08, 2018, 05:17:35 AM

Quote from: followmenot on May 04, 2018, 01:53:02 PM

Bitcoin was dumped by thousands of crypto investors because it reached 20000 dollars so much quicker than expected without specific reasons other than speculations. Now its corrected by market

)

Yeah the bump was unexpected and not according to the growth level. Now it is on the right path. The price is gradually increasing. I think that the fall from $20k to $6k was natural. The jump was unnatural and came down to its normal price. Now we hope that till the end of this year the price will again cross approximately 11000 dollars.

The crash that we suffered from 20000 to 6000 was natural but at the same time the correction was to big that is why we saw the price increase after that, I really think that your prediction that we are going to reach 11000 at the end of this year is completely possible, you're doing fine I have seen many people claiming that we will reach even higher prices than in the last year and I find that very unlikely.

For me it isn't a problem for the price to dip because as a holder of bitcoin I knew the technical issues why the price was so volatile. The people who still have strong dedications on their assets can benefit when the value arises very higher. Don't worry these days of bitcoin price so down, it was just a part of the system so expect more changes for the coming days and prepare for the coming bull run.

andrei56

sr. member

Activity: 840

Merit: 254

Quote from: chainedblocks on May 08, 2018, 05:17:35 AM

Quote from: followmenot on May 04, 2018, 01:53:02 PM

Bitcoin was dumped by thousands of crypto investors because it reached 20000 dollars so much quicker than expected without specific reasons other than speculations. Now its corrected by market

)

Yeah the bump was unexpected and not according to the growth level. Now it is on the right path. The price is gradually increasing. I think that the fall from $20k to $6k was natural. The jump was unnatural and came down to its normal price. Now we hope that till the end of this year the price will again cross approximately 11000 dollars.

The crash that we suffered from 20000 to 6000 was natural but at the same time the correction was to big that is why we saw the price increase after that, I really think that your prediction that we are going to reach 11000 at the end of this year is completely possible, you're doing fine I have seen many people claiming that we will reach even higher prices than in the last year and I find that very unlikely.

logicgate

sr. member

Activity: 994

Merit: 252

Quote from: voztata on May 04, 2018, 01:04:00 AM

Quote from: chickenado on April 24, 2018, 06:28:34 PM

Quote from: bohr on April 24, 2018, 05:07:27 PM

Quote from: Chachacoin17 on April 12, 2018, 11:18:55 PM

Quote from: bohr on April 12, 2018, 09:57:15 PM

Quote from: batang_bitcoin on April 02, 2018, 12:14:51 PM

Quote from: andrei56 on May 04, 2018, 10:51:06 PM

Why Bitcoin came so low in 2018 january to march
All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?

Don't be so quick, bitcoin hit the all time high earlier than we are expecting. And about the $25,000 there are even people who are saying that it would touch $40,000 before this year ends. It's not yet happening because it's too early to assume that it will happen. The year isn't ending yet so give it some chance to let it happen. So this day after touch back $7,000 it was around $6,900 again but it isn't that much so I hope everything's going to be fine soon.

While the year is still young I think we can make some assumptions of what it's going to happen, I really do not see this year hitting any kind of new all time high, in my opinion we are going to be very lucky if we get even close to it, there are many signals that the price is not going to move much and if anything there is still the potential for the price to go down a little bit more.

Government does not consider bitcoin's legal tender, other countries banning bitcoin, exiting of Britain from European Union, media influence and other factors have a great effect on bitcoin's fall and the decrease in value. It triggers the credibility of others to trust bitcoin. But I think it won't stay down forever, though it may take time for its recovery, it may be down now but for sure it will soar high again, if we keep bitcoin's veracity high and strong.

The price of bitcoin will not stay down forever in fact it seems that is slowly recovering right now, and that is a good thing but even with this small recovery I still do not see bitcoin reaching the previous all time high in this year, in my opinion we still need more time to recover not only from the great crash in the price of bitcoin, we also need to recover psychologically and that is not going to happen so soon.

Don't over think about it it's just it always need rest. When it is time for bitcoin to power up,it will eventually goes high and a stable movement flows with it. Slow recovery is still good though because that means people are trying to build it up and have many hopes on it. And,yes patience is a virtue so we have to be calm and let's wait for the full recovery soon.

Bitcoin is not down if you look at the present and current market you will find the signs good and better than the situations of last month. The price was close to 6 thousand dollar last month and people were thinking than Bitcoin is going to the end but that was a failed assumption as proved by Bitcoin price which reached to 9 thousand dollar these days and a little bit stable as well. So it is a very good market now.

So yeah bitcoin is not so down when compare to the other currencies, it seems that the other currencies will never ever reach to the spot of Bitcoin because they are 20 times less than Bitcoin and that is why Bitcoin is popular. Bitcoin current price is far higher than the other crypto and this is increasing in the upcoming days so that it hit the greatest possible price.

Eleven86

member

Activity: 364

Merit: 10

There are so many reasons for the price going down. There are many negative news came about bitcoin. Due to this reason many people get panic and they sell the bitcoin. Due to demand of supply bitcoin also the price going down. This is common in the crypto world the price would goes up and down. But now the market is return lets wait and see whether the price us increase or decrease in upcoming days.

francedeni

full member

Activity: 560

Merit: 100

Bitcoin so down because of many reason's possible lack of adoptions and good news that will enhance the price of btc. As you know it was happen in the previous charts price was down and up so nothing to worry it can recover. By being panic will makes you decides to sell all so be patient.

karanggatak

hero member

Activity: 1106

Merit: 506

Because we are still in the correction until now we are still in the correction period, and it is very reasonable, without correction bitcoin will not be able to reach the highest price. not just bitcoin other stock commodities are also like that so this is very reasonable

kateryana81

sr. member

Activity: 423

Merit: 250

Quote from: PalindromemordnilaP on May 08, 2018, 11:27:25 PM

Why Bitcoin came so low in 2018 january to march
All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?

If everyone was saying that bitcoin will touch a price and it didn't happen then that just means that people were wrong, you need to understand that expectations for something to happen are completely different to what will actually happen, once you understand the difference you become a better trader and investor since you will not deceive yourself with your own predictions.

The price didn’t reach to $25k because the growth was against the normal level. Other factors also affect bitcoin and the rise turned into fall. I think that all the investors and traders should not be panic about the fall in the price. They only need patience to hold their bitcoin for some more time. Now the growth is according to the market cap and gradually increasing.

elloco4ever

sr. member

Activity: 623

Merit: 262

The first three to four moths were referred to as the bearish trend experienced by the cryptocurrencies. Corrections being made so as to make bitcoin more powerful and in preparation for yet another surge that will probably make this year a brighter year for bitcoin than the last couple of years.

It's common that every year first quarter will be bearish and last quarter will be bullish wherein second quarter will be the correction period. There is no doubt that bitcoin has brighter years ahead.

PalindromemordnilaP

full member

Activity: 518

Merit: 101

The first three to four moths were referred to as the bearish trend experienced by the cryptocurrencies. Corrections being made so as to make bitcoin more powerful and in preparation for yet another surge that will probably make this year a brighter year for bitcoin than the last couple of years.

Kevondo

sr. member

Activity: 742

Merit: 251

Quote from: voztata on May 04, 2018, 01:04:00 AM

Quote from: chickenado on April 24, 2018, 06:28:34 PM

Quote from: bohr on April 24, 2018, 05:07:27 PM

Quote from: Chachacoin17 on April 12, 2018, 11:18:55 PM

Quote from: bohr on April 12, 2018, 09:57:15 PM

Quote from: batang_bitcoin on April 02, 2018, 12:14:51 PM