Topic: Why is Bitcoin falling? - page 14. (Read 1633 times)
As the price of bitcoins dropped after the correction people panicked and started selling their bitcoins and cashing out.Well investors will now buy bitcoins in much cheaper rates and prices will rise again.I would hold and see what happens rest of the year.Now is the best time to buy bitcoins.
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.
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.
probably because of the many new coins that have sprung up so btc is pressed by their presence. such as the current market price of mobile phones where the brand of mobile phones that used to be excellent high prices are now falling below the average in because new and cheaper sophisticated new phones appear in the market
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.
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.
As for me I didn't see any fundamental reasons for it, exept that some "market makers" wanna buy it on a better price))
also this new about tether and facebook not serious to my mind.
I think at the beginning of 2018 it's not just bitcoins that have significant price reductions, but i see almost all crypto is experiencing the same thing.
But i'm sure this is just a momentary phenomenon or it can be said bubble, which can break at any time.
The sharp decline in bitcoin prices caused panic for me and many people so many users who immediately sell it.
But i would rather hold the existing bitcoin, because i believe in the near future the bitcoin value will skyrocket again.
But i'm sure this is just a momentary phenomenon or it can be said bubble, which can break at any time.
The sharp decline in bitcoin prices caused panic for me and many people so many users who immediately sell it.
But i would rather hold the existing bitcoin, because i believe in the near future the bitcoin value will skyrocket again.
Multiple reasons, ponzis, mum and dad investors pulling out, poor quality advice and FUD.
I think the fact so many Altcoins are linked to BTC mean that Altcoin bloodbaths result in BTC casualties - people withdraw their coins and sack off crypto..
I think the fact so many Altcoins are linked to BTC mean that Altcoin bloodbaths result in BTC casualties - people withdraw their coins and sack off crypto..
I think the price of bitcoin was not the real price. The price was increased consciously by some speculators. Now they will buy bitcoin at low price and raise the price again. This is the easiest and quickest way to earn money with money. I did not buy or mine bitcoins. Because it was a churning (economic term) to me.
Exactly, but I'm still regretting not buying the shit in 2014, would have been a millionaire already or at least would have several hundred thousands of dollars which is pretty much all I need to be really free! But I didn't unfortunately!
Let's search for another big thingy!
Let's invent a time machine
Yeah, something like that! ☺
Different news are in circulation regarding regularizing BTC under govt. net.India and China both are striving to regulate BTC to avoid use against criminal activities,some bank like Lloyds Bank stopping its customers not to purchase any cryptocurrency using credit card,In this way many people are selling BTC due to which its price is falling down.As far as i am concerned many people are still waiting to get its price down and there will be huge purchasing which will induce to shift BTC price to higher side.Right now its good time to purchase BTC.
I think the price of bitcoin was not the real price. The price was increased consciously by some speculators. Now they will buy bitcoin at low price and raise the price again. This is the easiest and quickest way to earn money with money. I did not buy or mine bitcoins. Because it was a churning (economic term) to me.
Exactly, but I'm still regretting not buying the shit in 2014, would have been a millionaire already or at least would have several hundred thousands of dollars which is pretty much all I need to be really free! But I didn't unfortunately!
Let's search for another big thingy!
Let's invent a time machine
I don't no why exactly why,maybe because some contries ban bitcoin,or maybe because of the correction(btc back to her real valeur)
I think the price of bitcoin was not the real price. The price was increased consciously by some speculators. Now they will buy bitcoin at low price and raise the price again. This is the easiest and quickest way to earn money with money. I did not buy or mine bitcoins. Because it was a churning (economic term) to me.
Exactly, but I'm still regretting not buying the shit in 2014, would have been a millionaire already or at least would have several hundred thousands of dollars which is pretty much all I need to be really free! But I didn't unfortunately!
Let's search for another big thingy!
every year in mid january bitcoin price fall and its a trap.do not sel your bitcoin.just hold.
reward will be good.
reward will be good.
I think the price of bitcoin was not the real price. The price was increased consciously by some speculators. Now they will buy bitcoin at low price and raise the price again. This is the easiest and quickest way to earn money with money. I did not buy or mine bitcoins. Because it was a churning (economic term) to me.
The market is continuing to correct itself after the speculation driven bull run over the last 2 months. It will settle around 6k mark before slowly rising again.
It's been like this since 2015 (maybe even before). If you look back the price always drop dramatically during mid-January.
This time is different banks are banning crypto transactions in exchanges, the stream media is fuding a new story everyday. We will recover for sure but this time IS different.
I think Bitcoin has a lot of challenges, but the current sell off is unjustified in my opinion. This is the nature of crypto markets: extreme volatility. So if you are affraid, maybe you shouldn't invest in crypto (or keep it as a small portion of your overall portfolio).
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.
There are lots of reasons behind this price crash first thing is that the rumors of India ban but India didn't do anything just a statement from their finance minister did more things,and the south Korea and China regulations so the people from that country can't contribute well since that regulations and the main reason for the falling is people selling they are continue to sell their bitcoin holdings that why it is falling too hard.Now the price of bitcoin is under $7K in preev.com. 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.
It's been like this since 2015 (maybe even before). If you look back the price always drop dramatically during mid-January.
When is everyone becoming a millionaire? How long in time?
Bitcoin is having hard times negative news, spread to create FUD, in order to have a price drop. All this news about China, Korea and India banning cryptocurrencies is not interpretated in the right way, these governments want to have regulations on exchanges. This misreading creates FUD and people start selling, which results in a decline.
Bubble?
Nah, seems more like a shmubble! 😀
Nah, seems more like a shmubble! 😀
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