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Topic: Why Bitcoin so down - page 2. (Read 855 times)

newbie
Activity: 154
Merit: 0
May 05, 2018, 11:45:27 AM
#90
Because, when the price pumping up, governments were worried and share bad news about cryptocurrencies and price went down. If there are not a bad news from now on, the price can be increase.
member
Activity: 308
Merit: 10
May 05, 2018, 04:58:04 AM
#89
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 ?
The decline in the value of these virtual currencies is allegedly related to the plan to tighten the rules about cryptocurrency in several countries in Asia. Bitcoin is not the only virtual currency whose value is trimmed.
sr. member
Activity: 840
Merit: 254
May 04, 2018, 10:51:06 PM
#88
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.
sr. member
Activity: 533
Merit: 251
Streamity Decentralized cryptocurrency exchange
May 04, 2018, 01:53:02 PM
#87
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 Smiley)
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
May 04, 2018, 12:09:16 PM
#86
The number of fraud, bad issues, banning bitcoin makes it down and it makes a big panic. People are trying to sell before suffering huge losses. Because that's the beginning of 2018 to be a bad year for bitcoin. As some time ago we get the issue of an ad-shaped advertiser on twitter, causing a lot of panic.
Don't you worry now , it's move up time! To the moon!!
Bitcoin is known for beating anything and anyone. The issues you have mentioned were probably got rid off as of now as bitcoin got recovered up to half of its peak level prices. There could thousands of reasons why bitcoin fell down but those were no more significant as bitcoin is like phoneix and recovering from all of those issues.

What would the next ? I wish another slow and steady journey toward $12, $15k and then $20. Not only rising, I want few more buying points hence before reaching $15k, I want another $10k to buy more after reaching out $12k, This type of mixed rally will make bitcoin more stronger. When bitcoin is trading stronger then we can expect this year end prices around $50k levels.

I may sound non-realistic. But it will happen this year but definitely within mid of next year.  When more people believing similar to me then pessimistic got enforced to hold up which is the reason why most of speculations here are becoming true over time.
member
Activity: 282
Merit: 10
May 04, 2018, 11:31:06 AM
#85
March was almost every year a bad period , i you will search about this in history you will see that is true. About bitcoin predictions , those are just predictions , if some people are telling you that bitcoin will go up to 25k$ this year you dont have to belive that . There are  a lot of predictions and just one of them is true.
legendary
Activity: 1442
Merit: 1008
May 04, 2018, 04:33:32 AM
#84
The number of fraud, bad issues, banning bitcoin makes it down and it makes a big panic. People are trying to sell before suffering huge losses. Because that's the beginning of 2018 to be a bad year for bitcoin. As some time ago we get the issue of an ad-shaped advertiser on twitter, causing a lot of panic.
Don't you worry now , it's move up time! To the moon!!
hero member
Activity: 998
Merit: 504
May 04, 2018, 01:04:00 AM
#83
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.
newbie
Activity: 252
Merit: 0
May 03, 2018, 06:27:34 AM
#82
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 ?
that the emerging panic drives most people to sell for no reason other than fear. it is one of the causes of the decline in prices.
legendary
Activity: 938
Merit: 1002
May 03, 2018, 01:25:40 AM
#81
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.
Bitcoin is not down as we know that it is a long term investment and if you want to get huge profit then you must be waiting for the price to jump and that is what investors out there in the market are waiting and working hard. Besides the other businesses of an investor the Bitcoin profit is very huge and more than the sum of all the profit of those businesses. So, Bitcoin is a leading investment all over the world.
member
Activity: 420
Merit: 19
May 02, 2018, 03:41:03 PM
#80
The fluctuations of price is common in the cryptoworld. Last year the price of bitcoin would hit very high and it would create a record in the crypto market. Like that this year also it will reach $25k by the end of this year. Due to not sufficient supply of bitcoin the price would have been decrease very badly. But compare to older days now the price would be better. The prices of bitcoin is always not stable. 
member
Activity: 350
Merit: 11
May 02, 2018, 11:57:45 AM
#79
Why Bitcoin came so low in 2018 january to march
 All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?
the number of new digital currencies that make bitcoin volatility decline, and choose to move to other currencies so that bitcoin market becomes down and it affects the price.
jr. member
Activity: 170
Merit: 1
May 02, 2018, 11:21:30 AM
#78
if you are sure full of bitcoin, then you will not worry about falling bitcoin prices. because the fall of bitcoin prices, is a condition of the normal market cycle. bitcoin prices are always unstable and changing. depending on how the news about bitcoin. if there is positive news, then bitcoin price will be high, and vice versa, if there is negative news, then bitcoin price will decrease.
but do not worry, I'm sure, by the end of this year, bitcoin prices will rise again, as at the end of 2017. because a few weeks ago, there was positive G20 news, this is a bright spot for bitcoin and for us to continue to believe it.
newbie
Activity: 98
Merit: 0
May 02, 2018, 02:33:07 AM
#77
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 ?

Because it's normal market cycle condition. March was always a bad period for crypto if you track the history.

It will come to 25k$ this year or next year doesn't matter. The only thing which matters is whether you believe in crypto economy or no. Whether you with crypto community or you are "regular folk"



Your response is very accurate and you are a very relaxed person, thank you and hope we all will learn a lot from Crypto Market and earn money Thank you.
legendary
Activity: 1147
Merit: 1007
May 01, 2018, 02:21:38 PM
#76
Earlier this week, authorities in China reportedly planned to block domestic access to Chinese and foreign virtual currency platforms that allowed trade to be centralized. that's what keeps the price down.
But I see that now tends to be a pretty good upward trend, bitcoin prices have positive sentiment and price movements of bitcoin and altcoin also rise. For me this is a positive thing because these months bitcoin prices rarely increase. So it can be said this is the beginning to achieve a much better value. The growing confidence of the public as well as the ever-increasing volume of transactions has meant that bitcoin is increasingly in demand and attracts many new users.
It have now at least a immunity in all the banning that China plans 😂 as I remember China contributes on the reason why BTC decrease in value this year, now its good to know that BTC didn't affect much even they announced crypto related news.
jr. member
Activity: 170
Merit: 1
May 01, 2018, 11:15:36 AM
#75
very much the cause of the decline in bitcoin prices, in the last months, bitcoin many attacked with bad or negative news. such as one of them is, facebook and google which prohibits the advertisement of cryptocurrency. this causes bitcoin prices to drop.
but do not worry, because bitcoin prices are now recovering, and are gradually improving. this is because there is positive news, that is because G20 or global regulation.
and I'm sure, bitcoin prices at the end of the year now, will again soar like last year, where bitcoin prices soared at the end of 2017.
legendary
Activity: 3080
Merit: 1353
April 30, 2018, 10:33:23 PM
#74
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 ?
It is always happening, bitcoin price is always decreasing especially when it is 1st quarter of the year, we all don't know exactly what is the main reason for that but I am sure that bitcoin will still recover after the big hit last year which is $20k, I guess bitcoin will still touch that amount this year.

Too early to say if we are going to even touch $20000 at the end of the year. Although I'm very bullish about bitcoin, I wouldn't too much weight on another all-time-high. Stressing too much about a new high sometimes is not good because we set our expectations too high. And if it's not met, you will be disappointed and might think of just dumping everything and get out of the ecosystem.

Earlier this week, authorities in China reportedly planned to block domestic access to Chinese and foreign virtual currency platforms that allowed trade to be centralized. that's what keeps the price down.
But I see that now tends to be a pretty good upward trend, bitcoin prices have positive sentiment and price movements of bitcoin and altcoin also rise. For me this is a positive thing because these months bitcoin prices rarely increase. So it can be said this is the beginning to achieve a much better value. The growing confidence of the public as well as the ever-increasing volume of transactions has meant that bitcoin is increasingly in demand and attracts many new users.

Yes, last couple of weeks was good for the market. Although we past $9000 with flying colors, it seems that we are having a hard time getting the $10000 mental barrier, Just today, the whole market turns red again, bitcoin slightly below $9000 again. I thought that we are already on the tail end of the bearish trend, but the bears seems to claw back. Anyways, this is just another test, and I'm sure that in the next coming weeks we will go back to the 5 digits again ($10000).
member
Activity: 127
Merit: 10
April 30, 2018, 09:45:33 PM
#73
because of that Tax that happened in the united state, but we do not have to worry about it because the tax payable to the co-founder of the investors, is true because bitcoin's value will continue to grow and you will continue to grow in the future.
member
Activity: 350
Merit: 10
April 30, 2018, 08:50:30 PM
#72
Why Bitcoin came so low in 2018 january to march
 All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?
We were in the middle of a bubble, it is that simple some people predicted that we will reach 50000 or 100000 but that didn't happen because there was not a reason for that to happen, you need to understand that the market is not going to do what we want it to do, the market is going to move freely and you are the one that needs to adapt to it if you don't you lose money.
hero member
Activity: 1078
Merit: 501
April 30, 2018, 09:52:22 AM
#71
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 ?
It is always happening, bitcoin price is always decreasing especially when it is 1st quarter of the year, we all don't know exactly what is the main reason for that but I am sure that bitcoin will still recover after the big hit last year which is $20k, I guess bitcoin will still touch that amount this year.
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