Why is Bitcoin falling? - page 10. | Bitcointalksearch.org

BlackRacerX

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Quote from: dayem708 on February 05, 2018, 11:27:52 AM

Bitcoin has fallen by more than 56 percent since the turn of the year, after peaking at nearly $20,000 in December 2017.

CoinMarketCap price charts show that bitcoin has been falling for weeks, though this latest crash has been blamed on mounting confusion surrounding the Indian Government’s stance on cryptocurrencies.

Most probably because of panic selling because last 2017, a lot of newbie investors bandwagon-ed and followed their gut that eventually, bitcoins will rise in price. A lot of people rode the hypetrain and eventually, a lot of people panic sell their coins when they heard a lot of news about banning of bitcoins from other countries.

yesuidanggan

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Binance is said to have been hacked by hackers, resulting in the loss of BTC!

Recently, the SFC stopped some ico projects and began to investigate and supervise them!

Caused the recent market fall!

Batman_20

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Quote from: bitterguy28 on March 07, 2018, 05:00:31 PM

Quote from: dayem708 on February 05, 2018, 11:27:52 AM

Bitcoin has fallen by more than 56 percent since the turn of the year, after peaking at nearly $20,000 in December 2017.

CoinMarketCap price charts show that bitcoin has been falling for weeks, though this latest crash has been blamed on mounting confusion surrounding the Indian Government’s stance on cryptocurrencies.

definitely I think the bitcoin price falling due to the demands, and the whales investor's withdraw the investments because I think the whales are need to use their into another investment opportunity, that's only my opinion and observation speculation I'm not sure that is perfectly truth.

This is one out of many reasons why bitcoin price fall down, but in my opinion declining of bitcoin price was due to unexpected banning of crypto currencies into different part of the world.

Thadeous

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I think this bearish market state is caused by absence of new big investors, while old ones playing pump and dumps to squeeze as much profit as possible from the current market.

bitterguy28

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Quote from: dayem708 on February 05, 2018, 11:27:52 AM

Bitcoin has fallen by more than 56 percent since the turn of the year, after peaking at nearly $20,000 in December 2017.

CoinMarketCap price charts show that bitcoin has been falling for weeks, though this latest crash has been blamed on mounting confusion surrounding the Indian Government’s stance on cryptocurrencies.

definitely I think the bitcoin price falling due to the demands, and the whales investor's withdraw the investments because I think the whales are need to use their into another investment opportunity, that's only my opinion and observation speculation I'm not sure that is perfectly truth.

Pinkris128

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Quote from: bitcoinstress on March 07, 2018, 03:38:40 PM

Bitcoin price falling due the demand getting low and most of the holder was taking profit but I'm sure in the future Bitcoin will goes higher than it.

It was normal indeed, thats why bitcoin was called volatile because its value was not fixed. There are times that it was increasibg but also there are times that it was falling. The concept of it was like a supply and demand. If you are afraid about the loss do not be, just have patience and wait until it pump again to get profit from it.

Unicorn_Heart

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Quote from: dayem708 on February 05, 2018, 11:27:52 AM

Bitcoin has fallen by more than 56 percent since the turn of the year, after peaking at nearly $20,000 in December 2017.

CoinMarketCap price charts show that bitcoin has been falling for weeks, though this latest crash has been blamed on mounting confusion surrounding the Indian Government’s stance on cryptocurrencies.

Bitcoin is falling because some people cannot wait to see the raise in the price of the bitcoin, so they sell. Negative news impacted people to let go of their cryptocurrency. So for some it's impatience while some just get scared to lose all their coins. There were also some holders who invest during the time that btc was at its peak. They got too excited and think that it would always be like that. So they became disappointed and just give up.

Reid

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It is because of demands.
Now, it looks like a lot of people are selling again taking some small profits from that 8k fall.

But if you are not into that kind of trading which just includes a little time, then you can just hold it and wait for the value to soar again.
It is the best way where the risk is not much instead of making a guess if this is the max profit or should I wait more which sometimes gives you the regrets.

RedzoneASE

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Quote from: 9emb3lelit3 on March 07, 2018, 04:08:08 PM

Not in my opinion, bitcoin will always be on top even though there are so many coin-coins that follow this bitcoin.
Bitcoin will always be felt at the highest level, because the bitcoin name is well known and has the best system for all its users.

You are right indeed. Bitcoin will not fall before other crypt. It will not be replace by the other coin which has a long long way to go to compete with btc. From time to time btc price indeed fluctuate but it always show signs of comeback and it is the best asset of bitcoin.

9emb3lelit3

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Not in my opinion, bitcoin will always be on top even though there are so many coin-coins that follow this bitcoin.
Bitcoin will always be felt at the highest level, because the bitcoin name is well known and has the best system for all its users.

xWolfx

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Just like any investments there are a lot of newbies involved. When the slight wind blows in the wrong direction, it could be media, someone saying something bad, any slight change in the market, the newbie investors panic sell which makes the spiral go down.

It is a good thing though, we can then buy cheap Roll Eyes

. Bitcoin is the future, too bad for people who can't see it.

They will regret later.

bitcoinstress

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Bitcoin price falling due the demand getting low and most of the holder was taking profit but I'm sure in the future Bitcoin will goes higher than it.

Jgatsby

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Pretty kewl right?

For me this is quite normal, things like this happens quite often, prices/value may fall now and then without prior notice. So in my opinion just trust Bitcoin, for the prices will surge in no time, don't panic sell or anything. Just look at the bright side of this event, this means opportunity for us to buy lows and sell high right? thinking about this kind of events will only stress you out so if I were you, just hold.

ElizRu

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Because the topic of crypto currency has become very popular and other competing currencies have entered the market

Aleksandr_ov

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That's me, this question is very interested in why he is so LONGLY falling! it was not all hamsters who sold the coins !? once the prices are kept at a minimum, then someone else needs it! Looking forward to improving soon!

Phildo

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Quote from: dayem708 on February 05, 2018, 11:27:52 AM

Bitcoin has fallen by more than 56 percent since the turn of the year, after peaking at nearly $20,000 in December 2017.

CoinMarketCap price charts show that bitcoin has been falling for weeks, though this latest crash has been blamed on mounting confusion surrounding the Indian Government’s stance on cryptocurrencies.

What you said is true, we who have dared to hold bitcoin must accept every risks that are happening up to this day. Bitcoin’s price does hard to predict but the profit is very big. This had happened when china blocked all the ICOs of BTC and it affected the bitcoin’s selling price until it went dip to $ 3000.
I'm sure bitcoin’s selling price will rise again, so you have to be patient waiting for it.

elizavetausova0112

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it was necessary to buy then when Bitcoin was cheap and perhaps now you would have a fairly large amount on hand

RawDog

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Quote from: mOgliE on February 22, 2018, 11:27:06 AM

Bitcoin is falling for so many reasons...

- People tend to panick selling each time there is a bad piece of news striking out. India, China, South Korea are kind of.. specialists on the matter!
- Prices always fall at the beginning of the year.
- The fall is being rather extensive because more and more governments are implementing regulations around cryptos.
- There are more and more people in the community, so more and more erratic moves.

Among others, of course. This is just a short list of the most obvious reasons coming to my mind!

It is going to be falling all year. Last time took over three years to reach old high.

djmuler

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Stop asking why!
continue HODLing! Wink

sasinghal

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These up and downs are normal in investment. And now the price is not that less, it had started increasing and will increase a lot more in upcoming future.

Topic: Why is Bitcoin falling? - page 10. (Read 1633 times)