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Topic: Why is Bitcoin Down? - page 5. (Read 875 times)

full member
Activity: 241
Merit: 100
January 10, 2018, 11:10:04 AM
I think Bitcoin is down because it is creating momentum to rise even higher. In addition, the increase or decrease of Bitcoin is the frequent occurrence that gives investors more opportunities to get rich
sr. member
Activity: 1078
Merit: 256
January 10, 2018, 11:08:27 AM
bitcoin drops because of the reduced number of people who buy and invest in bitcoins. today many people are investing in altcoin because the amount of altcoin supply more than bitcoin.
At the moment the reason is that lots of the investors are moving towards Bitcoin Cash because they feel that bitcoin core doesn't have any future especially when the developers are on the fence about implementing changes to the block size.
I'm not sure about this but if this was true then we will see more bloody period from bitcoin value, let see after this week if what can be the
fate of bitcoin I'm still positive that it will rise back ahead and regain the support of investors looking forward to see another 20k$ and rise
up more than that.
member
Activity: 336
Merit: 10
January 10, 2018, 11:04:22 AM
these swings are called correction, inflow and outflow of money. Now, many poured into altcoins , thereby increasing their capitalization and provokes a rise
hero member
Activity: 887
Merit: 516
Bitcoin OG
January 10, 2018, 10:57:15 AM
Supply and demand, a little less demand than before so there's a small price correction at the moment. It happens frequently in the world of finance not just cryptocurrency. The general trend is upward. Even at this price we're at high price compared to just 6 months ago.
hero member
Activity: 1134
Merit: 517
January 10, 2018, 10:54:22 AM
bitcoin drops because of the reduced number of people who buy and invest in bitcoins. today many people are investing in altcoin because the amount of altcoin supply more than bitcoin.
At the moment the reason is that lots of the investors are moving towards Bitcoin Cash because they feel that bitcoin core doesn't have any future especially when the developers are on the fence about implementing changes to the block size.
If your line of reasoning were in sync, one would have expected to see the price of Bitcoin crashing way down to below the $10,000 price mark, but last time I checked, the price have been ranging between $12,000 and $17,000 and any seasoned trader would see that as normal and expected - markets usually enter into a correction after some significant movements up or down. It can be likened to the market catching a breather, before deciding on its next move!
full member
Activity: 476
Merit: 100
January 10, 2018, 10:30:00 AM
There are more UPs and Downs in Bitcoin, than at a Chinese prostitute house. But most of us are used to this, so this is not a problem for us. If you know how to change the instability you want, then it becomes your secret weapon for success.
full member
Activity: 518
Merit: 106
January 10, 2018, 10:24:34 AM
This is a very normal thing, the price of coin is sure to go up and down, and if it keeps going up, it's going to be incredibly expensive, so it's understandable.
I agree. It is normal, that after a rise, correction takes place. Furthermore, the new year began, so the market need a few weeks to stabilize.
sr. member
Activity: 644
Merit: 259
CryptoTalk.Org - Get Paid for every Post!
January 10, 2018, 10:04:19 AM
bitcoin drops because of the reduced number of people who buy and invest in bitcoins. today many people are investing in altcoin because the amount of altcoin supply more than bitcoin.
At the moment the reason is that lots of the investors are moving towards Bitcoin Cash because they feel that bitcoin core doesn't have any future especially when the developers are on the fence about implementing changes to the block size.
full member
Activity: 262
Merit: 100
January 10, 2018, 10:00:15 AM
Looking as to why bitcoin is down

Sir it was a normal thing, that is the proof that Bitcoin price is volatile. There are times that it will pump and there are times it will dump. This happens in a single period of time and it is not surprising. In this scenario we shouldn't panic and be bother because suddenly it will be back to normal. I believe that even if bitcoin price is descreasing, it will never loose its value.

Yes it is a basic thing for all currencies in sometime the price will grow in up direction but in sometimes the price Will reduce continuosly so it is just like that , so we can trust bitcoin surely the price will be normal in few days .

normal it s yes , the way on how does it make some move for , i think and see that this is one of the good thing that can ever happen why cause we see that it can be some chances for some that dont have bitcoin so that is why if they have take the chance while it is in a down matter and then yes they can take that for.
newbie
Activity: 70
Merit: 0
January 10, 2018, 09:48:22 AM
#99
This is a very normal thing, the price of coin is sure to go up and down, and if it keeps going up, it's going to be incredibly expensive, so it's understandable.
full member
Activity: 308
Merit: 100
January 10, 2018, 09:26:02 AM
#98
I think it's because now there is a lot more compatitors in the field of bitcoin in the current market, for example ethereum, ripple, litecoin........... etc.A quick growth always need to aware about a quick fall. And all the up and downs are depends upon it's performance.
full member
Activity: 882
Merit: 126
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January 10, 2018, 09:11:04 AM
#97
The price is going down due to less demand for bitcoins because we all knows that price will be based on the demand so currently the demand is less and price is less.The less demand is due to people are movint to altcoins we can see that many altcoins prices are going to moon.Ethereum price keeps increasing over the fast few days so it looks like the year 2018 is gonna to be the year of altcoin.
But I am not frustated about these price falls because I know this will be temporary fall and bitcoin price will bump soon so I am eagerly waiting for that bump and i expect the time need for that bump is not that much.
full member
Activity: 840
Merit: 105
Buzz App - Spin wheel, farm rewards
January 10, 2018, 09:04:48 AM
#96
bitcoin drops because of the reduced number of people who buy and invest in bitcoins. today many people are investing in altcoin because the amount of altcoin supply more than bitcoin.
legendary
Activity: 1344
Merit: 1251
January 10, 2018, 08:42:02 AM
#95
The price is down then up and so on...

There are moves and as the bitcoin is volatile, it is almost impossible to make accurate forecasts. However, some big trends are well-known: there are rising trends by the end of the year, that get compensated as the new year begin. Here is what is currently happening.

Nothing to worry about! Wink
full member
Activity: 546
Merit: 102
January 10, 2018, 07:25:16 AM
#94
fluctuation is the part of crypto circle
but i think bitcoin goes down because btc is on sideways
just look at the chart on CMC you can see btc on sideways
once it's break.... booommm....
newbie
Activity: 2
Merit: 0
January 10, 2018, 07:25:00 AM
#93
normal. will be back up soon. fluctuations happen this time of the year.
member
Activity: 483
Merit: 10
terra-credit.com
January 10, 2018, 07:21:51 AM
#92
the standard in trading is like that, there is time to go down and there is a time to go up, if it goes down, do not panic, hold it, it will go up, or you can buy back, multiply study trading, so do not panic when bitcoin down, have a good future, bitcoin will have many projects, this will be able to help the price
newbie
Activity: 30
Merit: 0
January 10, 2018, 07:21:44 AM
#91
It is normal. Investors are taking profit in order to reinvest as the price drops. The whales want you to sell when the price is down for them to accumulate. Don't fall for their antics
newbie
Activity: 70
Merit: 0
January 10, 2018, 07:15:05 AM
#90
I think this is a normal phenomenon, the currency's rise and fall as long as the reply is not the attitude, can accept, is a normal phenomenon, need not too nervous, we hold COINS don't need to worry about for a long time
member
Activity: 224
Merit: 10
January 10, 2018, 06:38:57 AM
#89
Looking as to why bitcoin is down
Bitcoins price is down because of the market strategy. Those people behind the big cryptos are making it down so that they could afford to buy. After that, the price will go up again. This is a strategy in investment, buying and selling. Expect it to go higher next week.
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