Why BTC is under $8K? - page 8. | Bitcointalksearch.org

riaruhs09

member

Activity: 184

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Quote from: santiPOGI on May 25, 2018, 09:06:00 AM

Quote from: colkcolk on May 25, 2018, 05:38:02 AM

I heard some big holders has released their BTC in big amount, this is causing the supply increase while demand is still remain. As economic rule, increasing supply while demands is still less then the price should be decreased.

this is one of the biggest reason why the price fall.
but as we can see in the future, i think this is the last dump of the price and we will have more than 10K USD in just a couple of weeks.
just be patient.

hopefully what you say is true to be true, but we can not believe it without a reliable source of information to hold on to that possibility. and if you have it then can you tell me?

zhukovt34

full member

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Augmented Reality World Discovered

I think that this year is very hard for btc and whole cryptomarket as governments and banks are took measurements to stop crypto popularity.They are continually pushing crypto coins from its practical use by limitating everything that is crypto connected and continually spreading fake news.
That is why BTC is under $8K. But BTC is continuing its way to new highs soon.

Baoo

full member

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In my opinion, it is unfortunate that the price of Bitcoin in a total decline during this period and I think this is the worst year for cryptocurrencies in terms of statistics. Furthermore, I guess the whole situation ( crisis ) is a game from the capitalists ( businessmen/women ), and I think that they sold a large proportion of Bitcoin, that's why their price is decreased, and with influence through the media , many users of crypto sold also their BTC. and the only goal of those capitalists is re-buying when the value of this currency in a huge decline ( less than 6000 usd) in order to ensure their profit in a long term. Otherwise, I think that this crisis is temporary and after that there will be a big pump in bitcoin and the followers ( cryptocurrencies ) .
Wel should not be afraid, and everyone must stop pessimistic thinking.

Leyss

member

Activity: 574

Merit: 12

Quote from: jamesbond007pro on May 25, 2018, 04:37:15 AM

Now BTC is under $8K, do you have any opinions about this issue?
We think BTC will go uptrend to reach over $10K but it can be now.

After a significant drop in price since December last year, some investors are very disappointed in bitcoin and its popularity has dropped significantly. Now investors are not in a hurry to invest in bitcoin and took a wait-and-see attitude. In addition, recently many bitcoin holders began to sell them as soon as the price of bitcoin increases. This inhibits the growth rate bitcoin.

Oceat

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Quote from: sexy1983 on May 25, 2018, 08:48:10 AM

Price manipulation will be the biggest harm to cryptographic tokens, expecting a more regulated market

This will not going to stop unless there is some changes that is going to apply to the blockchain and Bitcoin itself. It will keep on happening every now and then unless there is someone make a move but i guess the people are getting into it but when prices is going to rise we will suffer from the sudden rises of every fees on the exchanges so i think there is some disadvantage and advantages for everything.

ivrynx

full member

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this is still because of the lack of demands from the community, people tend to rely more on altcoins, since there is much more opportunity from them than in bitcoin, but still we cannot remove bitcoin out of the picture, bitcoin still is a good investment and still a valuable asset. I also think that the price is below 8000 usd, because Mt. Gox is releasing bitcoins that they have, an in turn people are just waiting till Mt. Gox had already exhausted the bitcoins they have and in turn, people will buy bitcoins at a lower price, then we'll see another wave of supply and demand and probably we'll see a new ATH for bitcoin, but for now, we should just relax and not let FUDs affect our decisions.

teosanru

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BTC is getting it hard to cross $8k point because of the heavy manipulation being done by some big hodlers which usually include whales and exchanges. They have data about all the selling and buying points and hence, trade according to that which spoils market. This heavy manipulation isn't letting new investors enter the market which is another problem. Also, the bot trading isn't good for the market which is being done heavily.

santafewarrior1980

jr. member

Activity: 179

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Quote from: jamesbond007pro on May 25, 2018, 04:37:15 AM

Now BTC is under $8K, do you have any opinions about this issue?
We think BTC will go uptrend to reach over $10K but it can be now.

I believe the dropping of market value is maybe due to the new coins introduce in the market because many people are selling and divert their investment into buying cheap coins hoping that the price will increase.

Sahyadri

sr. member

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BTC is struggling hard to gain volume from outside. Rather the market whole is suffering from shortage of volume. The overall marketcap is hovering between $300b-$400b for quite a time now. Such stagnation of volume is never healthy for a market. Because of this, bulk hodlers play with that volume and bring bull and bear phase for making profit by manipulating the market. Thus, Bitcoin isn't really able to cross $10k threshold. Also, Bitcoin won't tumble below $6k because of the huge support.

verziagra

newbie

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Many sell bitcoin this year because it has gained a large profit earlier this year and bitcoin investors will buy at a cheap price. for now bitcoin prices according to investors is very expensive.

Kruncha

sr. member

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It continues to fall further. The bear market is still dominant. There is no other way to wait for the entrance of the bulls into the market.

kingzonehtx

newbie

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The market is in doubt. I think about 2 months to uptrend. At that time btc will exceed the $ 10k mark for personal opinion

colkcolk

jr. member

Activity: 128

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I think the news of US justice investigation has affected the traders to release their Bitcoin by selling it then the supply is increasing, other news that I heard is the second releasing of Mt Gox as the big holders of bitcoin.

riboku0105

newbie

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Thursday, cryptocurrency prices fell below, Bitcoin hit a six-week low against the US Justice Department, which is investigating whether traders manipulated Bitcoin and other cryptocurrency. Perhaps this news has affected the price of bitcoin slumped last time.

Irvanremok

member

Activity: 210

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Masa Depan Kerja

I think there is no problem about btc,
maybe the price dropped in caused by big merchants who sell and buy. to make a profit, but do not panic, only the price game will surely come back and keep your btc.

ALexiron2ew

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Yes.Not is Is In Under $8k.

Ozero

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Quote from: jamesbond007pro on May 25, 2018, 04:37:15 AM

Now BTC is under $8K, do you have any opinions about this issue?
We think BTC will go uptrend to reach over $10K but it can be now.

It is necessary to gradually get used to the fact that bitcoin will not only be bought and grow in price, but also sold at an affordable price. After the last significant price drop, many were disappointed in bitcoin, he was not a magic wand, which will always bring a big income. Many therefore return to our real world.
As for the price of bitcoin, now several variants of the development of events are possible here. It seems to me that this year bitcoin can reach only the previous maximum reached to it level of 20 000 dollars, and this can happen with a number of positive factors.

btcblockchain

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due to recent news which came from US department for criminal investigation on bitcoin prices it show serve effort on bitcoin prices

ramzifcb47

jr. member

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Yeah indeed BTC took a hit with news the US Justice Department would be launching a criminal investigation probe into price manipulation. but i don't think this will last pretty long and i hope the price will stabilize and rise soon. (remember HODL people !!)

jamesbond007pro

newbie

Activity: 238

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Quote from: rizkyalhabsy on May 25, 2018, 02:38:34 PM

Quote from: jamesbond007pro on May 25, 2018, 04:37:15 AM

Now BTC is under $8K, do you have any opinions about this issue?
We think BTC will go uptrend to reach over $10K but it can be now.

your question is very funny, most people will never know when token will go up and down let alone BTC. everything may make a purchase when the price is cheap if they know BTC will go down and when to ride

Yes, if you are an expert please give me some ideas, can you support us? Because we are new investors, so we need to know that. Thank you

Topic: Why BTC is under $8K? - page 8. (Read 1229 times)