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Topic: Why is Bitcoin Down? - page 3. (Read 875 times)

member
Activity: 224
Merit: 10
January 18, 2018, 02:21:17 AM
Looking as to why bitcoin is down
why bitcoin is down? because it give a chance to some users can be afford to buy bitcoin so i think that is the right reason.
jr. member
Activity: 123
Merit: 1
January 18, 2018, 02:19:10 AM
Same here, I bought around $200 of btc at $14k, now the price is down. Hope Bitcoin will go up to compensate my loss.
full member
Activity: 518
Merit: 101
January 18, 2018, 02:09:49 AM
Looking as to why bitcoin is down
I think because of the issue of bitcoin and ethereum now in Korea that the people are getting panic to sell their holds of both coins. Bitcoin no matter what the issue that make it down will not stop to increase. Yes its price and value is now lower but when it hits someday you will find the huge profit it gives. So better buy for now as the price is low.
member
Activity: 91
Merit: 10
January 18, 2018, 02:06:50 AM
The decline was due to investors monitoring the warnings from some regulators and increasing crackdowns on the virtual currency market in China.
member
Activity: 392
Merit: 20
January 18, 2018, 02:05:00 AM
I think that the price will still go down. Too much grew up, correction is needed. Another month or two you need to wait.
member
Activity: 406
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
January 18, 2018, 02:03:09 AM
Bitcoins are constantly going downwards in some recent days and i think it is because of the FUD from china and the government of south korea about banning the exchange markets. This is really causing a huge caos in the blockchain and most of the peples are panic selling their bitcoisn which is intensely making the price go down. I am sure as soon as the price goes much down, peoples will start investing in bitcoins at a good dip and bitcoins will again go up.
Bitcoin is continuously reduced due to a series of bad news from the Korean market and China prohibits bitcoin and cryptocurrency. This information directly affects investors and makes them feel nervous so they sell their coin in a massive way leading to the whole market decline. But if you follow, this is just a move to bad news to gather the speculators and they really succeeded. The market is recovering gradually.
full member
Activity: 280
Merit: 100
January 18, 2018, 02:01:54 AM
The price raised too much to fast in December, so see this just as a sharp correction. When you compare to where we stood a month ago, most of us hodlers should still  be in profit and price seems to stabilize now (at least I hope it will). If it continues to fall, you will see good opportunities to buy more coins cheap and wait for the next rise.
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
January 18, 2018, 01:57:13 AM
Looking as to why bitcoin is down

Is a usual trading pattern for currency market and including cryptocurrencies. It fluctuates to push people in and take people out for profit  Grin

It happened last year too but basically stayed bullish through out the tail end of last year, so we should expect a proper correction that will settle the market for another run.

Meanwhile, bitcoin has shown to be a very promising coin and withstood the pressure of shielding off to $11 thousand plus till now. Is going to rebounce soon when all the Asian news settles down.
member
Activity: 126
Merit: 14
January 18, 2018, 01:51:43 AM
Bitcoins are constantly going downwards in some recent days and i think it is because of the FUD from china and the government of south korea about banning the exchange markets. This is really causing a huge caos in the blockchain and most of the peples are panic selling their bitcoisn which is intensely making the price go down. I am sure as soon as the price goes much down, peoples will start investing in bitcoins at a good dip and bitcoins will again go up.
member
Activity: 350
Merit: 12
Crypto Enthusiast!
January 18, 2018, 01:50:53 AM
It is all about the Korean FUD, I suggest you buy the DIP! BUY BUY BUY!
sr. member
Activity: 280
Merit: 250
January 18, 2018, 01:49:21 AM
It is not the first time when this happens and surely not the last time. Bitcoin can not constantly grow in price.
Soon all the coins are going to increase back even higher than before.
 Experts advise not to sell anything and  to buy even more while the price is down.
Usually in early year teh price bitcoin will go down and the price will be recovery soon. The issues from the country that will ban cryptocurrency influence to the price of bitcoin. After the issues end, so the price of bitcoin will get up higher again.
member
Activity: 141
Merit: 10
January 18, 2018, 01:46:55 AM
This case is the same as the Moon and the year yesterday .. Many of the country who issued a negative currency digital currency where many parties are afraid of that thing .. where the price of Bitcoin decline and in the near time Bitcoin prices can penetrate the figure almost $ 20,000 ..the possibility of daily traders who are afraid of it..and used the investors to buy it ...
member
Activity: 98
Merit: 13
January 18, 2018, 01:40:03 AM
 It is not the first time when this happens and surely not the last time. Bitcoin can not constantly grow in price.
Soon all the coins are going to increase back even higher than before.
 Experts advise not to sell anything and  to buy even more while the price is down.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
January 12, 2018, 03:00:48 PM
Recently, South Korean has been hugging the limelight and there's a speculation that they are going to put a tighter regulations about it and there's a FUD that they are going to follow China's footsteps as well. We all know that South Korea is a big market for crypto, however if the rumor is true then we are going to be affected significantly.

it's market strategy, Don't worry about bitcoin up and down if bitcoin price not up and down how we get profit.
Yes there is nothing to worry about all these downfalls of bitcoins. These are just casual, yes all those people who are new in this field this might seems them some horrible but this is normal. It is just a normal dip that comes after a strong pump. Last weeks of December 2017 prices were just jumping and reached to such high level within a week. So this is a definite thing to come after.
Yes, I would agree with you. Eventhough as of late we have been seeing a slump, I'm sure that this is just a temporary setback. Actually this is a good opportunity to buy bitcoin because its quite cheap. Because once bitcoin price jumps again, you will be happy that you made a good move to buy it back when the price is at a discount.
sr. member
Activity: 994
Merit: 252
January 12, 2018, 02:54:08 PM
it's market strategy, Don't worry about bitcoin up and down if bitcoin price not up and down how we get profit.
Yes there is nothing to worry about all these downfalls of bitcoins. These are just casual, yes all those people who are new in this field this might seems them some horrible but this is normal. It is just a normal dip that comes after a strong pump. Last weeks of December 2017 prices were just jumping and reached to such high level within a week. So this is a definite thing to come after.
member
Activity: 154
Merit: 10
January 11, 2018, 11:25:16 AM
Looking as to why bitcoin is down

This is pure demand supply mechanism. Lower price is the result of profit booking. More people are selling Bitcoin at higher price and again people will buy at lower price which eventually result in surge of price rise.
jr. member
Activity: 51
Merit: 10
JOIN TOKEN SALE
January 11, 2018, 11:20:22 AM
it's market strategy, Don't worry about bitcoin up and down if bitcoin price not up and down how we get profit.
newbie
Activity: 31
Merit: 0
January 10, 2018, 04:07:10 PM
Bcё кoгдa нибyдь идёт вниз, этo зaкoн pынкa. Paзныe фaктopы влияют нa движeниe цeны, и нa ocнoвaнии иx цeнa идёт тo ввepx, тo вниз. Taк чтo этo нopмaльнo, чтo пocлe пoдъёмa цeнa идёт вниз.
member
Activity: 140
Merit: 10
0x5A165891De2a2c8B82c7De19486277e0d5b644DF
January 10, 2018, 03:58:08 PM
Only the wise, would know what is happening is price manipulation by the cabals/whales. What you should do now is to buy more. HODL and enjoy the price increase when it goes back up.
newbie
Activity: 51
Merit: 0
January 10, 2018, 02:26:37 PM
I believe it is because of panic selling when ripple started falling in CoinMarketCap (due to removal of Korean Exchange stats)
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