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Topic: Why Bitcoin so down - page 3. (Read 855 times)

legendary
Activity: 1526
Merit: 1001
April 30, 2018, 09:32:24 AM
#70
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.
legendary
Activity: 1442
Merit: 1025
April 30, 2018, 08:52:22 AM
#69
Bitcoin has a comparable price with gold but in recent some years their is a instability came into its price  Lips sealed. There are many factors which justify downfall of Bitcoin. Many government ban bitcoin in their country due to some  economic and financial problems. Decentralized nature of Bitcoin indirectly the reasons of its own downfall. Due to absence of central authority their is a highly uncontrollable situation of distribution and production of Bitcoin occur.Due Volatile nature  Bitcoin lost the Trust of many investors and this thing affect the market value of Bitcoin.  Smiley
Asides from all these, it is normal for a market to get corrected after a long phase of greed that nothing obviously warranted the huge spike in the price of bitcoin. Also, there is really no market that does not at some point have some little bit of downtrend and it is a normal thing to witness which is the same thing we have gotten to see with bitcoin. Any market can be down and at any point can go up which is the reason it is called a market, since it is based on supply and demand, as well as related to news and speculations.
member
Activity: 308
Merit: 10
April 28, 2018, 09:47:54 AM
#68
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.
sr. member
Activity: 588
Merit: 251
April 28, 2018, 07:26:53 AM
#67
Perhaps because of the competition between the digital currency is or perhaps because of the user on the wane a factor declined his value bitcoin, but if I look like users bitcoin even more then maybe factor that makes sense is competition between the digital currency
legendary
Activity: 1232
Merit: 1029
April 28, 2018, 07:21:08 AM
#66
Bitcoin is so down because of people who have lost interest on bitcoin. That means the demand of the people is getting low, people are selling off their crypto assets when the price are getting low, whales are are selling their voluminous holdings too so as to scare off small time investors and probably force them to sell theirs too so they (whales) can buy again at a lower price.
Very funny.. lol. Who lost interest in bitcoin ? You ? No one has lost interest in bitcoin and in fact, at this dip is even when the smart ones are getting even more interested. What else would we have expected from a market driven by people who were trying to make quick bucks and get rich overnight ?

Speculation driven market always result into FUD when the market is being blown away by negative news and only those who are no longer interested are the weak hands as the strong ones are still in the game.
full member
Activity: 476
Merit: 100
www.daxico.com
April 27, 2018, 02:22:05 AM
#65
Bitcoin is so down because of people who have lost interest on bitcoin. That means the demand of the people is getting low, people are selling off their crypto assets when the price are getting low, whales are are selling their voluminous holdings too so as to scare off small time investors and probably force them to sell theirs too so they (whales) can buy again at a lower price.
sr. member
Activity: 882
Merit: 282
April 26, 2018, 02:45:31 PM
#64
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 ?
There was a fud that push bitcoin overboard and that has followed by a huge corrections from January till date. We are having a very serious moments in the history of cryptocurrencies and this moments is going to last till end of this second quarter. The regulations laws has also contributed to the fall of bitcoin and some of the whales are dumping out of fear.
legendary
Activity: 1120
Merit: 1000
April 26, 2018, 01:59:57 PM
#63
Bitcoin has a comparable price with gold but in recent some years their is a instability came into its price  Lips sealed. There are many factors which justify downfall of Bitcoin. Many government ban bitcoin in their country due to some  economic and financial problems. Decentralized nature of Bitcoin indirectly the reasons of its own downfall. Due to absence of central authority their is a highly uncontrollable situation of distribution and production of Bitcoin occur.Due Volatile nature  Bitcoin lost the Trust of many investors and this thing affect the market value of Bitcoin.  Smiley
hero member
Activity: 1036
Merit: 502
April 24, 2018, 06:28:34 PM
#62
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 $6,900 again but it isn't that much so I hope everything's going to be fine soon.
While the year is still young I think we can make some assumptions of what it's going to happen, I really do not see this year hitting any kind of new all time high, in my opinion we are going to be very lucky if we get even close to it, there are many signals that the price is not going to move much and if anything there is still the potential for the price to go down a little bit more.
Government does not consider bitcoin's legal tender, other countries banning bitcoin, exiting of Britain from European Union, media influence and other factors have a great effect on bitcoin's fall and the decrease in value. It triggers the credibility of others to trust bitcoin. But I think it won't stay down forever, though it may take time for its recovery, it may be down now but for sure it will soar high again, if we keep bitcoin's veracity high and strong.
The price of bitcoin will not stay down forever in fact it seems that is slowly recovering right now, and that is a good thing but even with this small recovery I still do not see bitcoin reaching the previous all time high in this year, in my opinion we still need more time to recover not only from the great crash in the price of bitcoin, we also need to recover psychologically and that is not going to happen so soon.
Don't over think about it it's just it always need rest. When it is time for bitcoin to power up,it will eventually goes high and a stable movement flows with it. Slow recovery is still good though because that means people are trying to build it up and have many hopes on it. And,yes patience is a virtue so we have to be calm and let's wait for the full recovery soon.
sr. member
Activity: 994
Merit: 257
April 24, 2018, 05:07:27 PM
#61
Why Bitcoin came so low in 2018 january to march
 All the guess people were saying that Bitcoin would touch 25k$ 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 $6,900 again but it isn't that much so I hope everything's going to be fine soon.
While the year is still young I think we can make some assumptions of what it's going to happen, I really do not see this year hitting any kind of new all time high, in my opinion we are going to be very lucky if we get even close to it, there are many signals that the price is not going to move much and if anything there is still the potential for the price to go down a little bit more.
Government does not consider bitcoin's legal tender, other countries banning bitcoin, exiting of Britain from European Union, media influence and other factors have a great effect on bitcoin's fall and the decrease in value. It triggers the credibility of others to trust bitcoin. But I think it won't stay down forever, though it may take time for its recovery, it may be down now but for sure it will soar high again, if we keep bitcoin's veracity high and strong.
The price of bitcoin will not stay down forever in fact it seems that is slowly recovering right now, and that is a good thing but even with this small recovery I still do not see bitcoin reaching the previous all time high in this year, in my opinion we still need more time to recover not only from the great crash in the price of bitcoin, we also need to recover psychologically and that is not going to happen so soon.
sr. member
Activity: 672
Merit: 250
April 12, 2018, 11:18:55 PM
#60
Why Bitcoin came so low in 2018 january to march
 All the guess people were saying that Bitcoin would touch 25k$ 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 $6,900 again but it isn't that much so I hope everything's going to be fine soon.
While the year is still young I think we can make some assumptions of what it's going to happen, I really do not see this year hitting any kind of new all time high, in my opinion we are going to be very lucky if we get even close to it, there are many signals that the price is not going to move much and if anything there is still the potential for the price to go down a little bit more.
Government does not consider bitcoin's legal tender, other countries banning bitcoin, exiting of Britain from European Union, media influence and other factors have a great effect on bitcoin's fall and the decrease in value. It triggers the credibility of others to trust bitcoin. But I think it won't stay down forever, though it may take time for its recovery, it may be down now but for sure it will soar high again, if we keep bitcoin's veracity high and strong.
member
Activity: 118
Merit: 10
April 12, 2018, 10:17:38 PM
#59
March ended we just in the middle of April in the coming days we can expect the changes  it is  usually happens every year Let us wait and see.
sr. member
Activity: 994
Merit: 257
April 12, 2018, 09:57:15 PM
#58
Why Bitcoin came so low in 2018 january to march
 All the guess people were saying that Bitcoin would touch 25k$ 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 $6,900 again but it isn't that much so I hope everything's going to be fine soon.
While the year is still young I think we can make some assumptions of what it's going to happen, I really do not see this year hitting any kind of new all time high, in my opinion we are going to be very lucky if we get even close to it, there are many signals that the price is not going to move much and if anything there is still the potential for the price to go down a little bit more.
hero member
Activity: 3080
Merit: 603
April 02, 2018, 12:14:51 PM
#57
Why Bitcoin came so low in 2018 january to march
 All the guess people were saying that Bitcoin would touch 25k$ 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 $6,900 again but it isn't that much so I hope everything's going to be fine soon.
sr. member
Activity: 994
Merit: 257
April 02, 2018, 11:47:31 AM
#56
Because, all the guess people saw the price of Bitcoin in December, and accordingly to that, there were reasonable estimates. The world of cryptocurrencies is a bit different, so, nobody can tell you that what  will be price in tomorrow. But, I can assure you that although not today or tomorrow, the price will soon reach 25k. Instead of thinking about it, you should get some altcoins at the low price.
We know that bitcoin has the potential to reach 25000 and an even higher price what we do not know is when that is going to happen this is why one of the most common strategies for recommended around the forum is to hold your coins for a long time that way you don't have to try to guess when that is going to happen you will always have bitcoins in order to take advantage of the opportunity when the price is high.
full member
Activity: 882
Merit: 126
★777Coin.com★ Fun BTC Casino!
March 28, 2018, 11:53:56 AM
#55
Why Bitcoin came so low in 2018 january to march
 All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?
Because there is another red flag against crypto is twitter ban on crypto currency ads but it maybe an old news but now people keep spreading that news so which causes FUD among investors and reason for their selling.
But no one can predic the price of bitcoin exactly so those predictions of $25K in march is not necessary to happen.
member
Activity: 599
Merit: 10
March 28, 2018, 11:50:09 AM
#54
Why Bitcoin came so low in 2018 january to march
 All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?
That's because of the natural market volatility and is something which is normal in any cryptocurrency. There's no need to worry about it honestly. Investors should look at this situation as an opportunity to invest and earn huge profit. Once the market starts to recover, profit from investing at this point that its price is still low, will be earned by the investors.
The fact is that today there is a huge loss of trust Bitcoin. Therefore, a much smaller number of investors can buy Bitcoin, compared to past times. The forecasts are quite different, but what will actually happen is unknown.
hero member
Activity: 1260
Merit: 500
In CryptoEnergy we trust
March 28, 2018, 02:24:22 AM
#53
Bitcoin decreased to the level of $8000 and this big lowering. There are many factors which determine its price. Now the market falls, but there is no growth without falling. It will be mandatory growth, it is necessary just to wait
full member
Activity: 518
Merit: 100
March 27, 2018, 05:18:08 PM
#52
Why Bitcoin came so low in 2018 january to march
 All the guess people were saying that Bitcoin would touch 25k$ but why did not it happen ?
That's because of the natural market volatility and is something which is normal in any cryptocurrency. There's no need to worry about it honestly. Investors should look at this situation as an opportunity to invest and earn huge profit. Once the market starts to recover, profit from investing at this point that its price is still low, will be earned by the investors.
newbie
Activity: 98
Merit: 0
March 27, 2018, 04:53:28 PM
#51
it is very ambitious to reach $ 25 so you ignore all aspects of crypto investment.
and I emphasize for the OP that bitcoin down is a very reasonable thing for ttrading. You need to be afraid if a product keeps going up, and keeps going up without any correction. I think this is still very reasonable, so do not worry about this. bitcoin will reach $ 25k at the right time.
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