Why is Bitcoin Down? - page 6. | Bitcointalksearch.org

GoldMen

newbie

Activity: 38

Merit: 0

Quote from: Raven91 on January 10, 2018, 06:15:11 AM

For me its just natural for btc to decrease, many are just busy and for some sort of time they dont just use their btc and other investors are not supporting, but btc will always get to that value and will go back to track, and thats just small amount, btc can get that decreased percent.

You can lower your demand in a country, product of an attempt to regulate bitcoin, as in the case of China in ek 2017. This drop in demand causes, of course, the decline in prices. But, this cheapening, can be used by investors from other countries. And in that way, take it back up. As we see, its ubiquity, makes its market truly globalized, does not depend on the conjunctural factors of a single country.

BitcoTK

newbie

Activity: 172

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I think many people sell there Bitcoins.So bitcoin price is going down.It's not a problem.It's normal.Now people buy again bitcoins and I think it price go up on next week. Cheesy

aizen10

full member

Activity: 546

Merit: 100

bitcoin is facing a correction now, from how high it pumps from a couple of month before, so its normally that bitcoin is suffering/facing a slow correction. and in addition of those holidays season last year, some of other investors are spend too much bitcoin at that time, so normally bitcoin price decrease.

Raven91

sr. member

Activity: 518

Merit: 250

For me its just natural for btc to decrease, many are just busy and for some sort of time they dont just use their btc and other investors are not supporting, but btc will always get to that value and will go back to track, and thats just small amount, btc can get that decreased percent.

mkmittalg

jr. member

Activity: 200

Merit: 6

The cost of bitcoin is reduced and the price of ultokine like cycles increases, where the price of bitcoin decreases, where alkone increases in prices and bitcoins increase, the prices of ultactance decreases.

jrrsparkles

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Quote from: android17 on January 10, 2018, 05:35:57 AM

Quote from: AustinTX2005 on January 08, 2018, 04:08:09 PM

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 .

Gusbaaa

jr. member

Activity: 63

Merit: 1

decline and rise in the price of bitcoin and altcoin as cycles occur, where the decrease of bitcoin in it altcoin increases in price and as altcoin increases in bitcoin, bitcoin drops usually occur, and soon I think bitcoin will rise, patiently waiting for the rise of bitcoin

paolo099

full member

Activity: 224

Merit: 101

this is natural thing for crypto, fluctuation can happen based on news or whales moving from one coin to another, usually when BTC price is decreasing another coin is raising pretty quickly.
After the pump there is always a dump for another coin (people will always go back to BTC after they rose the wave for some gain).

android17

member

Activity: 259

Merit: 76

Quote from: AustinTX2005 on January 08, 2018, 04:08:09 PM

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.

omorfi

sr. member

Activity: 728

Merit: 264

Due to high energy consumption Chinese government trying to ban Bitcoin mining activities. I read some news about that. But i am not sure if it is real or fake news. But this affect the price of btc i think

Marsouc

newbie

Activity: 28

Merit: 0

Currently BTC is not so interested. They need to solve fee issues and transaction time. If they solve this and BTC can be used for daily usage (P2P) than it can burst again.

Jltan

member

Activity: 61

Merit: 10

Bitcoin is not down. It's just temporarily investors cashing out on the major breakthrough Bitcoin has achieved. We will definitely see Bitcoin rising back and higher in the near months.

Kim Ji Won

full member

Activity: 350

Merit: 110

Quote from: cryptoamumu on January 08, 2018, 04:42:03 PM

Just another day in the crypto world. Prices go up and then prices do down. Buy when low and sell when high. Just hodl your bitcoin and the price will increase after this dip, it always does.

Right, and this is usually the best time to invest again your money in bitcoin. This kind of dip are what most of us are waiting so that they can add more to their first investment in bitcoin. The volatility of bitcoin is an issue ever since so we don't have to worry about the frequent price change. We just have to use it to our own advantage.

xebecstyx

member

Activity: 168

Merit: 10

Quote from: cryptoamumu on January 08, 2018, 04:42:03 PM

Just another day in the crypto world. Prices go up and then prices do down. Buy when low and sell when high. Just hodl your bitcoin and the price will increase after this dip, it always does.

I agree. I think it's just normal market movement and trends. Even if bitcoin is the most powerful amongst all cryptocurrencies around the market, it won't be possible for it to go always up every time. If that happens, the cryptocurrency market would surely fall because it would be one-sided favoring only bitcoin if it is the only asset that has the capacity for continued rise. All others would be left in the rubble, basically in the wake of bitcoin's dominance. And it's not actually going down, the market is moving and playing, which should be good because we know that there are other assets that's gaining besides bitcoin.

kumarrajuiitd

newbie

Activity: 224

Merit: 0

Quote from: AustinTX2005 on January 08, 2018, 04:08:09 PM

Looking as to why bitcoin is down

Bitcoin price is down at this short moment but in long-term investment, it will reach a new milestone. As dropping down of pricing is the ideal time to hold and buy more bitcoins. The price is down because the big players are taking their profits.

Ronaldcoin2017

sr. member

Activity: 1148

Merit: 300

Quote from: sirkings0003 on January 10, 2018, 05:02:27 AM

Quote from: AustinTX2005 on January 08, 2018, 04:08:09 PM

Looking as to why bitcoin is down

The answer is not far away. The major contribution to this is the present high cost of processing fee when transferring bitcoin. if one can spend as much as 20% of his money just to make payment, you does not encourage at all

I believe that bitcoin is down because many investors will really invest into altcoin.However we dont have to act this time in a panic way because feom the syart bitcoin is really something like haeding through up and down movement and that was really normal on this field that is why we dont have to be afraid of bitcoin price because it can really rise on the other day .

sirkings0003

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Quote from: AustinTX2005 on January 08, 2018, 04:08:09 PM

Looking as to why bitcoin is down

The answer is not far away. The major contribution to this is the present high cost of processing fee when transferring bitcoin. if one can spend as much as 20% of his money just to make payment, you does not encourage at all

BurhanPSG

full member

Activity: 322

Merit: 100

Not just bitcoin but other altcoin also decreased, I think this is due to dump when we do trading. But we can take advantage of the declining bitcoin price, we can buy some bitcoin and get profit when the price goes up

tommaso1987

newbie

Activity: 8

Merit: 0

Quote from: kramchers on January 10, 2018, 04:26:29 AM

Quote from: AustinTX2005 on January 08, 2018, 04:08:09 PM

Looking as to why bitcoin is down

people are selling bitcoin or buying altcoins with great possibility to x10 or more in value with bitcoin price now a double your money in an instant is impossible so most holder now are getting altcoins to make their profit more great. in due time people will sell their tokens just to be back in bitcoin community. so no worries on this!

If this were true you would see an increment in the altcoins' values as always happened before, but it isn't true now.

uyalun85

newbie

Activity: 27

Merit: 0

previously bitcoin was mooned so hard and everything else was going for a straight downfall. Of course, others have their turn to shine as well.

Topic: Why is Bitcoin Down? - page 6. (Read 875 times)