also something to consider is SPECULATION!
im sure there are those who have sold high to buy later when the price has hit its bottom.
If you had sold your holdings soon after things started to slide at around $15000 and buy now,
you could have doubled your initial amount!
Topic: Why is Bitcoin falling? - page 16. (Read 1633 times)
Subscribe to any crypto news channel and all you're going to read is FUD right now. What started as probably a healthy consolidation is now full on panic selling. The market has its own momentum now and we'll likely see $6000 Bitcoin by the end of the week. That sucks... but remember it was only 90-ish days ago when we were celebrating breaking through $6000, so keep things into perspective. If you have available fiat now is a good time to purchase.
Panic and FUD among other reasons.
I think there are a lot of people who are taking a lot of the news articles as gospel.
We have had 2 events which have been reported as catastrophic (my term)
1st: the South Korea Ban
2nd: the India ban
Both have been reported incorrectly, and these coupled with the "bubble"
rumor back in December has set the fear of god into many people.
I think there are a lot of people who are taking a lot of the news articles as gospel.
We have had 2 events which have been reported as catastrophic (my term)
1st: the South Korea Ban
2nd: the India ban
Both have been reported incorrectly, and these coupled with the "bubble"
rumor back in December has set the fear of god into many people.
There isn't one magical reason why it is going down but I would argue the India ban coupled with all recent news is leading to this bleeding. Don't know how far we will go but it appears 5k range is well within the bounds now, it would suck to go there but we gotta bounce somewhere 
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Maybe bitcoin is falling due to the constant selling of the owners of Bitcoin. They might be too scared to hold it because the prices are steadily going down so when they still got the chance to sell it, they are still selling it at a declining price. We can still say that Bitcoin's price is still high because it is still not buyable at one payment and we can pay for it part by part and in this process, we can gain profit thru this buy and sell process which is a bit risky and it may have disadvantages. Bitcoin may also fall for the reason that it is looking for room to grow. They might want to develop Bitcoin into a more usable platform and not just a basis of other Cryptocurrency and after this process they might gain the value they have achieved before 2017 ended.
Well. you made a good point. Actually, it depends on the investor. if investor continues investing instead of selling then BTC price may go up. another reason is India banned btc in their country. may be the effectiveness of this reason.
it loses its popularity. it can continue to fall if this trend be like that
It is falling because some people have been spreading news they perfectly knew were false in a purpose to make price go down to buy back and make money. It is how it all works.
Maybe bitcoin is falling due to the constant selling of the owners of Bitcoin. They might be too scared to hold it because the prices are steadily going down so when they still got the chance to sell it, they are still selling it at a declining price. We can still say that Bitcoin's price is still high because it is still not buyable at one payment and we can pay for it part by part and in this process, we can gain profit thru this buy and sell process which is a bit risky and it may have disadvantages. Bitcoin may also fall for the reason that it is looking for room to grow. They might want to develop Bitcoin into a more usable platform and not just a basis of other Cryptocurrency and after this process they might gain the value they have achieved before 2017 ended.
Well. you made a good point. Actually, it depends on the investor. if investor continues investing instead of selling then BTC price may go up. another reason is India banned btc in their country. may be the effectiveness of this reason.
I think apart from the correction , we are now witnessing panic selling because of some negative news lately, these are responsible for the downward movement. This won't last any longer because the market has been oversold.
When any negative news about bitcoin, or any other cryptocurrency, comes out, people bail. It's just like stocks. The latest, imo, is China blocking access to the markets with its huge Great Firewall of China.
Maybe bitcoin is falling due to the constant selling of the owners of Bitcoin. They might be too scared to hold it because the prices are steadily going down so when they still got the chance to sell it, they are still selling it at a declining price. We can still say that Bitcoin's price is still high because it is still not buyable at one payment and we can pay for it part by part and in this process, we can gain profit thru this buy and sell process which is a bit risky and it may have disadvantages. Bitcoin may also fall for the reason that it is looking for room to grow. They might want to develop Bitcoin into a more usable platform and not just a basis of other Cryptocurrency and after this process they might gain the value they have achieved before 2017 ended.
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.
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