Why is Bitcoin BTC falling today? Will it continue to fall?

developer101dev

full member

Activity: 364

Merit: 100

Quote from: nguyenthenguyen on February 01, 2018, 11:56:57 PM

Today, bitcoin falling 8696$ on coinmarketcap, will it continues to fall? do you think about this?

The price in the market is always depending on the demand and supply of every coin, the value of all the cyrptocurrency today is decreasing because altcoins price is scaled to bitcoins, try to invest right now while the market is at down time and do not worry cause it will just go back to normal after a few months.

longskie0327

newbie

Activity: 140

Merit: 0

This thing that happen for me is but just a temporary there are also things that affect its falling and rising we may never fully know what it is but the important thing is we hold on and keep believing that it will not totally be down to the extend of closing but rather it will get high again, the value of it will raise just the we expect it.

jagdeepjd

sr. member

Activity: 700

Merit: 251

yesterday was a good day for bitcoin and cryptocureency as a whole. US Senate hearing on regulating cryptocurrencies came up with some positive steps towards crypto. They are not looking to regulate it as of now as our market is not that vast at the moment.

Though they did mention to cut down the frauds happening in ICOS(which indeed is needed).

so yes overall i think market will gain momentum from here on and we can see 10k$ bitcoin soon

shwetaji

member

Activity: 134

Merit: 10

CVProof.com - SECURING JOB'S CREDENTIALS

Now Bitcoin BTC falling today, but as my opinion future of Bitcoin will bright. Because Bitcoin is a king of crypto market.

boyjackyou

member

Activity: 301

Merit: 11

DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO

Quote from: nguyenthenguyen on February 01, 2018, 11:56:57 PM

Today, bitcoin falling 8696$ on coinmarketcap, will it continues to fall? do you think about this?

Bitcoin might hit the ground few hours from now so we need to be careful,it is do or die moment for bitcoin because it might reach the ema200 and ma200 which would be the first time for bitcoin's history and that means it might collapse and be replaced by ethereum which is better because ethereum has more stable price movement than bitcoin,trailing cutlosses should be done properly so we can prevent big loss.

Tylev

full member

Activity: 854

Merit: 104

Bitcoin started to fall for several reasons at once. For me, the main reason for the decrease in popularity of bitcoin is its shortcomings with limited scalability, slowness of transactions and high fees. Along with other reasons, this is the main reason why people stopped investing heavily in bitcoin, and began to be interested in investing their money in altcoyins.
In my opinion, until the shortcomings of bitcoin are not eliminated, it is unlikely that it will rise well in price.

IloveDigibyte

full member

Activity: 303

Merit: 100

POS / PRIMENODES

I think Bitcoin will continue to fall for couple more weeks. The price will drop to 5500$-6000$ before settle down. By the end of the month we will have positive movement.

hiddenmist

member

Activity: 199

Merit: 10

I think the deepest price bitcoin would reach is $5,000. At that rate I think it will begin to bounce back and climb again and will make another all time high before mid of this year.

bananadines

hero member

Activity: 644

Merit: 500

There is just a lot of FUD for Bitcoin right now, dont worry guys. After every FUD comes a big bounce and maybe a new ATH sooner or later! So I am just holding and I watch the show while laughing over that huge panic in the market right now. We already saw this multiple times in the past!

svobodnyi

member

Activity: 308

Merit: 10

Bitcoin can fall to 5000. It is difficult to predict yet. Trend is downward. If the 7000 support line survives, then there must be growth!

Mihan

member

Activity: 308

Merit: 10

Quote from: o.ogurlu on February 02, 2018, 04:19:00 AM

i think bitcoin will not fall anymore and will startip up soon

According to all forecasts, a little more will fall, but this is a temporary phenomenon, and then there will be a sharp jump to the top. promise up to 60k

Mihan

member

Activity: 308

Merit: 10

Quote from: Cryptobel on February 02, 2018, 04:17:55 AM

I think this is a temporary phenomenon! Was the holidays !now the Asian market during the holidays !so soon everything should return to normal!

I support. my opinion is that this is a drop, it's just a game for a slide and soon all the coins will return to their prices, and perhaps (most likely) will soar even higher

twostepsally

sr. member

Activity: 630

Merit: 253

Quote from: lamadu3 on February 05, 2018, 12:04:02 PM

Quote from: Kaattu1 on February 03, 2018, 04:00:33 AM

bitcoin price fall down again . I think this month bitcoin price will continue this situation. Slowly price rise then slowly fall . This dropping reason some countries ban bitcoin coin . They try to legalising on bitcoin investments. Many investors panic bitcoin investment.

As for me I guess that its price will be stabilized, and the biggest falls are over. The next following days and the first decade of February will be the best time to hold BTC and alts to understand what to do next.

Nowadays bitcoin rumor increase. So that's the reason for down the bitcoin and some country pan the coin. Some people use the media to spread the rumor. So some people fear for the bitcoin rate. So Some people try to pane the coins. But the coin is the future currency.
It's helpful to stop the scammer for the people future growth. So people will be growth country economy will be growth and connect the other country people for the future business process.

JohnMacZeppelin

full member

Activity: 602

Merit: 101

Most likely, all this fall will probably continue until the spring of this year, because many say that it is after the Chinese New Year that the whole story should end, so perhaps it's worth to hurry up with the purchases. Although there is not a clear situation every day.

sksshopee

newbie

Activity: 176

Merit: 0

The Cryptocurrency market is volatile right now and all positive and negative news will create some impact on the market and it will see up and down in future. I am not a financial adviser and this is not a financial advice but what I think is the cryptocurrency market is just started. We are going to see some more development in future and increase in market capitalization.

lamadu3

full member

Activity: 490

Merit: 100

Quote from: Kaattu1 on February 03, 2018, 04:00:33 AM

bitcoin price fall down again . I think this month bitcoin price will continue this situation. Slowly price rise then slowly fall . This dropping reason some countries ban bitcoin coin . They try to legalising on bitcoin investments. Many investors panic bitcoin investment.

As for me I guess that its price will be stabilized, and the biggest falls are over. The next following days and the first decade of February will be the best time to hold BTC and alts to understand what to do next.

Matimtim

full member

Activity: 868

Merit: 108

Quote from: nguyenthenguyen on February 01, 2018, 11:56:57 PM

Today, bitcoin falling 8696$ on coinmarketcap, will it continues to fall? do you think about this?

Bitcoin Price is continue hitting the floor, bitcoin price is very low and if there are many user keep holding there bitcoin instead of spending it, bitcoin price still drooping its price because the demand of bitcoin is decreasing because of that things, and the demand of bitcoin has a control to the price of bitcoin its because price and demand is directly proportional so if the demands is low the price is also low.

ausbit

legendary

Activity: 1330

Merit: 1019

Quote from: Mr. Net on February 02, 2018, 08:23:56 AM

Market is shaking out weak emotional traders.

People are selling until they don't.

There are traders as well as investors who have previously invested their money into bitcoin but right now, most of them are taking their money out this business as they have lost the hope of making something good out of that. Other than this, due to ban imposed in certain countries have also resulted in the downfall in the market value of bitcoin. It may continue to fall in the coming days as well.

LUCKY21

member

Activity: 224

Merit: 10

Bitcoin will continue to fall until the market correction is over. I think it will take another 1-2 weeks. And we will see another price for bitcoin about 5-6 thousand dollars. Then growth will follow. But this is my opinion.

sentinus

member

Activity: 210

Merit: 10

It is going down and down. I wonder wher it will stop decreasing. Every holders believe to increase but when? No chance except wait.

Topic: Why is Bitcoin BTC falling today? Will it continue to fall? (Read 721 times)