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Topic: Why does bitcoin crash occasionally? - page 5. (Read 812 times)

full member
Activity: 392
Merit: 100
January 21, 2018, 09:31:56 PM
#49
Bitcoin crash occasionally specifically on its market price because of people dumping their bitcoins or perhaps whales are dumping their big stock of bitcoin. A correction could be a reason too why bitcoin is occasionally crashing.
member
Activity: 518
Merit: 11
January 21, 2018, 09:24:57 PM
#48
yes, great damage happens this year, thus making the bitcoin fall and sick. I think this is because at the end of 2017 more sales, so the market is not controlled. hype will restore natural correction to normal again. but it will run slowly. so keep hold of bitcoin and not leave bitcoin is an option today.
full member
Activity: 756
Merit: 133
- hello doctor who box
January 21, 2018, 09:17:07 PM
#47
Bitcoin is really volatile and vulnerable from small fishes that holds a partial amount of it. Due to negative news to regulation etc. That makes most of the little holders sell their coins because of panic that something is going to happen really bad and they may lose profits
full member
Activity: 345
Merit: 100
January 21, 2018, 08:59:11 PM
#46
So, as many of you are painfully aware, bitcoin crashed around 30% over a couple of days, reportedly due to regulatory pressures in Asia, and a potential ban in China due to energy wastage and tax evasion risks etc. Reports suggest that China contributes as much as 70% of the worldwide hashing power, and yet we only saw a 30% drop.

Source: Report: PBoC Quashes Bitcoin Mining Ban Rumor in China

Furthermore, we saw 30%+ drops in other cryptos, even unminable, non-decentralized ones. So, conspiracy theorists, why do you think bitcoin really suffers these sporadic crashes, could it be large-scale market manipulation? Or is it simply FUD leading to a wide-spread panic selling?

Yes,  bitcoin do crush but saying this happens occasionally, well somehow. It is almost an obvious given scenario and statement about bitcoin. But knowing how it works could take hard time since it has a lot of factor.Maybe what you have said could be a hint for now.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
January 21, 2018, 08:47:31 PM
#45
There are two major reasons which I know of through the price crash of BTC occurs and they are
* News and FUD
* Corrections
The Bitcoin price crash occurs when there is a certain news about a country banning it and so people FUD and then panic sell their coins. Most of the FUD occurs because of rumors such as the recent one of South Korea.
Corrections occur then and there because of volatility and profit taking of the traders. When the coins go in upward direction for a long time it has to come down a little to maintain its stability. This is why minor crashes occur then there for a healthy growth of coin.
full member
Activity: 504
Merit: 127
Match365> be a part of 150BTC inviting bonus
January 21, 2018, 07:49:54 PM
#44
In my experience, Bitcoin price crashes sometimes due to negative news or a technological problem that bitcoin encountered such as high transaction fees or slow transaction time. The latest crash is due to China's ban on mining and Korea's ban on bitcoin. But after all these negative news btc price only dropped down to 30%. I think it will go up though.

A lot of people buying bitcoin dont know it well and dont know the technology. A lot of them only buy bitcoin for gain that is why we can see a crash occasionally when negative news comes. 
member
Activity: 145
Merit: 16
January 21, 2018, 07:42:59 PM
#43
Whales manipulation
Fear and panic sell
Fake news
etc...
member
Activity: 126
Merit: 10
January 21, 2018, 07:40:51 PM
#42
There’s one specific reason to it and that is the structure of bitcoin investments all along.. The demand and supply thing that can be triggered with many continuous or simultaneous factors or even a single one that makes the investor especially the new one’s who is more vulnerable to this kind of propaganda’s and bad imaging.. It will not change even if this will go mainstream as competition is always present.
Crashes can happen after the price rises high very quickly. The price may be too high because of enthusiasm of investors or because of price manipulation. The crash would follow if there is any bad news such as a government regulation or a cryptocurrency exchange that had a problem. Or the price drop could be just because investors are cashing in on there recent huge profits.
We could not assure that the main reason why bitcoin getting crash these few weeks, maybe it's because of china's down full from their miner and also banning in other countries just like Indonesia and South Korea. Or another reason it's being normal of bitcoin crashing down it because of being volatile it may fluctuated by itself high and low price movement. This is not first time crashing out with bitcoin then in this scenario now i did not surprised besides i keep holding on bitcoin.
full member
Activity: 658
Merit: 102
January 21, 2018, 07:38:34 PM
#41
It is a usual part of bitcoin or any cryptocurrency to have a price correction or a crash and then rise up again later. It is bound by its own volatile nature and fluctuates in almost every second. The rapid changes of bitcoin prices particularly price crashes are caused by some factors like price manipulations, the moves by some governments to ban crypto exchanges, hackings and spreading of FUD that causes further increase panic selling. Othe other hand, demands for more bitcoins will cause its price to move up and often lead it to another all-time high.
newbie
Activity: 7
Merit: 0
January 21, 2018, 07:28:55 PM
#40
It doesn't crashes it under the correction
Don't worry it supposed to get back even rise up higher
I believe it'll be about 20+k for BTC
sr. member
Activity: 987
Merit: 289
Blue0x.com
January 21, 2018, 07:09:56 PM
#39
So, as many of you are painfully aware, bitcoin crashed around 30% over a couple of days, reportedly due to regulatory pressures in Asia, and a potential ban in China due to energy wastage and tax evasion risks etc. Reports suggest that China contributes as much as 70% of the worldwide hashing power, and yet we only saw a 30% drop.

Source: Report: PBoC Quashes Bitcoin Mining Ban Rumor in China

Furthermore, we saw 30%+ drops in other cryptos, even unminable, non-decentralized ones. So, conspiracy theorists, why do you think bitcoin really suffers these sporadic crashes, could it be large-scale market manipulation? Or is it simply FUD leading to a wide-spread panic selling?




      Well, the way i see it, there are a lot of alibis that can be used today. Some will say it's because of the Chinese new year and other holidays, then, there's the price manipulations. Then there's another reason caused by greedy weak handed people that only came for greed and when the prices went down they decided to cutt lossess or simply take profits or panic selling. This is because they do not have enough understanding about how things work in the crypto world.
full member
Activity: 350
Merit: 100
January 21, 2018, 04:41:50 PM
#38
So, as many of you are painfully aware, bitcoin crashed around 30% over a couple of days, reportedly due to regulatory pressures in Asia, and a potential ban in China due to energy wastage and tax evasion risks etc. Reports suggest that China contributes as much as 70% of the worldwide hashing power, and yet we only saw a 30% drop.

Source: Report: PBoC Quashes Bitcoin Mining Ban Rumor in China

Furthermore, we saw 30%+ drops in other cryptos, even unminable, non-decentralized ones. So, conspiracy theorists, why do you think bitcoin really suffers these sporadic crashes, could it be large-scale market manipulation? Or is it simply FUD leading to a wide-spread panic selling?
First and foremost, we should be mindful that price changes would definitely occur in the investment of cryptocurrencies, and hence a normal phenomena. However; the following factors play major role in the crash
a. Fear: many people are selling Bitcoin at the same and hence causing supply to exceed demand
b. Influx of altcoins in the system are reducing the demand for Bitcoins and hence causing the price to fall

hero member
Activity: 1008
Merit: 510
January 21, 2018, 04:23:08 PM
#37
So, as many of you are painfully aware, bitcoin crashed around 30% over a couple of days, reportedly due to regulatory pressures in Asia, and a potential ban in China due to energy wastage and tax evasion risks etc. Reports suggest that China contributes as much as 70% of the worldwide hashing power, and yet we only saw a 30% drop.

Source: Report: PBoC Quashes Bitcoin Mining Ban Rumor in China

Furthermore, we saw 30%+ drops in other cryptos, even unminable, non-decentralized ones. So, conspiracy theorists, why do you think bitcoin really suffers these sporadic crashes, could it be large-scale market manipulation? Or is it simply FUD leading to a wide-spread panic selling?

Crashes can happen after the price rises high very quickly. The price may be too high because of enthusiasm of investors or because of price manipulation. The crash would follow if there is any bad news such as a government regulation or a cryptocurrency exchange that had a problem. Or the price drop could be just because investors are cashing in on there recent huge profits.
member
Activity: 223
Merit: 10
January 21, 2018, 04:09:49 PM
#36
The problem is, that the volume are low and there are to many weak hands who own bitcoin. WHen theres some FUD news in the mainstream media, those people run over to their pc and sell everything, even when there are just fake news. So in future when more people will own bitcoin or cryptocurrencies and the volume get higher, there will no more -25%dumps.
member
Activity: 378
Merit: 10
January 21, 2018, 03:56:35 PM
#35
Its a peer to peer currency. Its price is dependent on the usage of it. And moreso, some news may likely influence its price.
full member
Activity: 298
Merit: 102
January 21, 2018, 03:48:24 PM
#34
The value of any crypto currency is regulated by the demand and its volume at the moment, that is, how much it is extracted and how difficult it is to extract in the subsequent time, and the demand can be speculative, and this is one of the main problems of crypto currency.
newbie
Activity: 11
Merit: 0
January 21, 2018, 03:04:52 PM
#33
Well it depends on multiple factors. Sometimes it's just a market correction and other times it's based on the market sentiment that changed due to news.

One of the guesses for recent crash is the recent talks of ban in South Korea and China.
sr. member
Activity: 840
Merit: 375
January 21, 2018, 03:04:45 PM
#32
So, as many of you are painfully aware, bitcoin crashed around 30% over a couple of days, reportedly due to regulatory pressures in Asia, and a potential ban in China due to energy wastage and tax evasion risks etc. Reports suggest that China contributes as much as 70% of the worldwide hashing power, and yet we only saw a 30% drop.

Source: Report: PBoC Quashes Bitcoin Mining Ban Rumor in China

Furthermore, we saw 30%+ drops in other cryptos, even unminable, non-decentralized ones. So, conspiracy theorists, why do you think bitcoin really suffers these sporadic crashes, could it be large-scale market manipulation? Or is it simply FUD leading to a wide-spread panic selling?
I think Bitcoin crashing is due to multiple factors like traders grabbing their profit by selling (market correction) or when an event is upcoming like xmas or something like that.
Furthermore,media spreading fud about cryptocurrency also influence people to panic sell.
I guess that altcoins falls when bitcoin falls and that's because panic sellers trade their altcoins to bitcoin first,then convert it to fiat currency.
newbie
Activity: 68
Merit: 0
January 21, 2018, 03:02:00 PM
#31
The same thing as the stock market, prices goes up and down due to so many factors, to say one for sure is what no body can pin point .
legendary
Activity: 2800
Merit: 2736
Farewell LEO: o_e_l_e_o
January 21, 2018, 02:59:18 PM
#30
Bitcoin is still a new product which is still unregulated in some parts of the world and if it is to be used by people without fear we need regulations but the problem is if the people in charge of putting these financial rules come up with something we dont like value dips but as time goes by this will become a stable market  as we wont have uncertainties.
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