A lot of governments in the world are still under consideration and review for setting up new rules and regulations for cryptocurrency.
But as usual, before they come up with any innovative ideas, they will put “crypto currency” aside their legal system.
This time is the same. Korean government investigate the deals and transactions that were done by some of their banks. They considered it illegal and decided to ban or elimiate cryptocurrency out of their standard transaction and economy.
However, time will tell the result. But in short term, there will be a lag in the price of all cryptocurrencies but it will br over soon.
Hope everything will be Ok and our world can move forward to a new erA
Topic: Why is Bitcoin Down? - page 8. (Read 875 times)
It's just a normal thing in the crypto market prices keeps on fluctuate It goes up and down there is nothing to worry about.
If you have earn much experienced in this kind of market, well this thing is very normal. The price of bitcoin is very volatile so expects ups and downs and don't just panic because of what you saw, always make your own analysis so you can prevent your money from loosing.
Looking as to why bitcoin is down
This is because of pump and dump manipulation of some bitcoin haters in which is normal therefore you must used to it in fact the current bitcoin value still be considered as big because $15,000 still a huge amount. Except if you buy bitcoin above that value you really get worried if it fall down.
Well it didn't happen only to bitcoin, most of the crypto in the market also takes a dip. The real reason is that coinmarketcap disregards the value of crypto in korea due to high appreciation of each coins in their country. They remove that price upon averaging the real price of crypto in the market. It is called price correction in the community.
the currency market is highly volatile they goes up some time and they may go down sometimes So we can say that now the bitcoin price down to the $15,350 which is a good amount. The main reason of bitcoin may be the shifting of the people from bitcoin to other currencies so the supply is high in the market and the transaction and uses of bitcoin is less as compared to the past.
It's just a normal thing in the crypto market prices keeps on fluctuate It goes up and down there is nothing to worry about.
The bitcoin is down just as how other investments, it is normal for the market to go up and go down as well. And as we invest, we should believe on it on a long term period. It is going down as well I think because many are scared are pulling out their investment on it for the fear of losing their resources.
We don't need to be surprised that bitcoin fluctuates less than 30%. Maybe we are used to that. The encryption market is like this. It often rises and falls. I think this drop is related to the normal launch of the South Korean government. South Korea has recently restricted foreign exchange input and the real name system for digital currency transactions.
Looking as to why bitcoin is down
This is because of pump and dump manipulation of some bitcoin haters in which is normal therefore you must used to it in fact the current bitcoin value still be considered as big because $15,000 still a huge amount. Except if you buy bitcoin above that value you really get worried if it fall down.
Looking as to why bitcoin is down
it's a simple equation, Bitcoin is a decentralized virtual currency, It's controlled by none, Bitcoin holders are the major mechanism of this platform. Bitcoin selling and buying ration is the responsible for the change of the price. So it also depends on the market demand that's why it will not be a static price anymore. But in recent times, Bitcoin has made a tremendous impact on the money market and day by day It's becoming an influential system on the monetary platform.
Looking as to why bitcoin is down
cause people are afraid that bitcoin bubble will pop out. bitcoin not a best coin anymore and people already afraid holding the coin. this time for altcoin to take place as the best coin. i believe there will be altcoin that able defeat bitcoin
It's just a normal thing in the industry. Prices do fluctuate from time to time so no need to worry. Players who has big investment tend to manipulate the market at some point, the demand of Bitcoin is quite high but the supply is low which also contributes to the fluctuations. Anytime soon price will rise up again just be patience
Looking as to why bitcoin is down
Bitcoin is down for a number of reasons, one of them being the insane transaction queue times and the huge fees associated with that part of Bitcoin. If the fees were lower there might be more exchange movement in a bullish direction, as it would allow for people to move a lot more of their money more freely and cheaply compared to what we have now. Big transaction queues are the primary enemy of Bitcoin right now, as they slow the network and make it worse for everyone involved, with fees and everything like I commented on before.It might see more bull runs in the future but for now it's going to be pretty spotty at best for the market. Good news to come, ideally.
The whole market of cryptocurrencies is down with over 25%, in the last hours it started to increase back a little. Dont worry it is just a manipulation from the big guys of cryptos to get the price down so they can buy when the price is low and sell back when it gets higher.
Soon all the coins are going to increase back even higher than before. It is not the first time when this happens and surely not the last time. Dont sell anything, my recommendation is to buy even more while the price is down
Soon all the coins are going to increase back even higher than before. It is not the first time when this happens and surely not the last time. Dont sell anything, my recommendation is to buy even more while the price is down
I'm interesting.. You said that it is just a manipulation from the big guys of cryptos.
Who are big guys? Anyone know?
bitcoin is down recently and its price is coming back to where it belongs truely because yesterday Coinmarketcap has removed korean exchanges from their site because these exchanges are pumping bitcoin price too high than bitcoin real value, so bitcoin is backing where its true value.
now bitcoin is down, because of the lack of market demand at the moment, but it will not last long. in a few days, the market demand will be high again and bitcoin prices will rise again
Bitcoin is down because of market correction, this is considered usual in any investment market, it happens when the price get high that very few people are willing to buy, the result is loss in demand and price drop, this event is just temporary. I think you need to take this opportunity to invest as the price is cheap compared to its actual value. One thing is for surein bitcoin, and that is it will continue to go up as it becomes more popular.
Maybe it happens, bitcoin prices go down because of market needs, and give people a chance to buy it, and the decline in bitcoin prices that I think is common, so suppose we want to invest money now is the time to buy it, before bitcoin will rise again above the previous price. 
Looking as to why bitcoin is down
bitcoin prices are determined by market demand. if demand is a little certain the price will fall, when market demand is very high definitely bitcoin price will go up 
It's a correction from the supply and demand of Bitcoin, it will dip a bit and then rally again. We know that over time more money gets put into Bitcoin so it means temporarily people are selling for funds but that won't stop Bitcoins overall growth.
Looking as to why bitcoin is down
There is no problem about it. There will always be times when Bitcoin is down. We cannot avoid that. The same is true to all cryptocurrencies. That is part of the life of a cryptocurrency. We should not treat is as an indication that it is not as strong as before. We should be worried on the contrary, when Bitcoin will not even try to dip a little. That means it will come crashing down rock bottom very soon. A little dip does not have a very heavy reason why it is happening. So no big deal about it. A reason is there when Bitcoin will lose more or less 40%-50% of its current value overnight.
Looking as to why bitcoin is down
Don't worry, you'll get used to it. If it's trending down then it's a chance to buy. Just don't sell-off when the price is low. Hold it and you'll be good.
I understand that you are looking for some point where explanation can be provided but there's none actual one just a supply and demand pattern, those
who already gain sell and those who's willing to wait will hold and buy more.
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