Topic: Why is Bitcoin falling? - page 5. (Read 1633 times)
the first is the high number of sales in comparison with the number of buyers so that the stock of coins on the market increased which caused the price of bitcoin fell, the second negative news that many circulated in the media about bitcoin, the third banned crypto ads on google and facebook, all three are quite influential that makes bitcoin prices fall
Because it is fluctuating..
No one can predict this price any more.. May its reason is demand on people.. Because so many peoples are using and trading bitcoin because of its price were increasing than the fiat..
No one can predict this price any more.. May its reason is demand on people.. Because so many peoples are using and trading bitcoin because of its price were increasing than the fiat..
Since Bitcoin was born so far, there is a lot of market news influencing Bitcoin that makes Bitcoin prices drop. But over time Bitcoin will rise again, no power can stop the development of Bitcoin. Bitcoin is fast growing and they have attracted many people around the world.
losing confidence from world investors could have caused bitcoin to go down,if it continues like this bitcoin can lose
You are probably too anxious! Bitcoin is only down due to some objective external causes. The nature of Bitcoin with its benefits to humans is easy to see. I believe Bitcoin will soon emerge to break any doubts about it.
An investor willing to accept the volatility of the market. When prices are high, we are happy, when prices drop, do not worry if you can keep the penny you have and continue to buy more. Maybe some media sites have banned Bitcoin ads, which makes some of Bitcoin's doubts affect the market. But in a short time, Bitcoin will be up again.
I'm very confident!
I'm very confident!
No one can exactly tell the reason behind it but i think the price is falling because of the ban happened in various countries. And most probably the price will increase in upcoming months.
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 many reasons why Bitcoin prices go down, but the idea I find it most likely is that many nations at the G20 decide to scrap Bitcoins and prohibit Bitcoins in their countries. In particular, the major social media networks also chose to eliminate the ads on the crypto that plunged the market. 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.
Well, in times like this what could we do is just believe to the power of bitcoin. This usually happens of too much fear of losing something about bitcoin. People and Government will later realize on what could bitcoin give, and may be the biggest source of makes bitcoin price fall could turn out to be the one who will pull the price again to the top.
losing confidence from world investors could have caused bitcoin to go down,if it continues like this bitcoin can lose
Right now, a slightly different situation in the market bitcoin does not fall and it is growing at a rapid pace, but I think that it will fall exactly during its existence.
Nobody can say it why its falling. But there are some rumors about who are true. So if you long enough in cryptocurrencies, maybe the name mtgox will say something to you. It was one of the biggest exchanges for bitcoin in japan who get bankruptcy. They hold many thousands of bitcoins from their users. At the beginn of the year, the men from this exchanges sold over 35thousands of bitcoins and flooded the market. There was more supply for bitcoin then demand, and so the price dumps immediately.
I think there are a number of factors contributing to the decline in the price of the currency, and the most important thing is that this time, the South Korea is in charge of regulation and hacking.
Crypto currencies are always volatile, so don't worry too much. Prices will always go up.
Crypto currencies are always volatile, so don't worry too much. Prices will always go up.
First of all, no one knows what is or what are the reasons behind the falling of bitcoin price. But, with the some experts predictions it may be caused by the owners of bitcoin who sells their bitcoin in a low price because they are afraid to lose it, can be also in the supply of the bitcoin, so that the low the supply the higher of price will it be. It can be also the social media banning for crypto currencies, because we all know social media has a strong power of advertisement which is utilize now and easily to spread a news or ad. Perhaps, it is also the banning of some countries to regulate bitcoin nor crypto currencies.
Maybe, the regulators could have the biggest impact on Bitcoin and CC prices as multiple countries have either implemented some regulations or have discussed plans to limit them.
One of the reasons that cause the downfall of cryptocurrency like Bitcoin is the recent hacking of the Binance stock exchange. I read the on this site.
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.
Well i think its because the issues that spreading across the internet today, do you ever heard about the crypto ads banning and which means a lot of traders or holders of bitcoin is panicking and by the fake news it surely can effect not just bitcoin but the marketplace. And it can result to bitcoin to decrease or to fall.
I don't believe that it will suddenly go up, unless the banks own it or have a piece of it. By that time, they will all want their own.
This is excellent, all these pussy short term investors crying when BTC is below 8k, sorry you bought at ATHs, and you all of sudden think itll get killed off by the system it's seeking to replace. Why did you make your purchase in the first place? The short sightedness of people in general is depressing, but the lower they sink the more I buy.
I think its funny people will buy bitcoin when it is at an all time high but when its low they say bitcoin is a scam. Lol If your going to go in then stay committed. So the lower the price the better. Buy more, But never invest more than you are willing to lose.
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.
Well i think its because the issues that spreading across the internet today, do you ever heard about the crypto ads banning and which means a lot of traders or holders of bitcoin is panicking and by the fake news it surely can effect not just bitcoin but the marketplace. And it can result to bitcoin to decrease or to fall.
It is better to invest in projects that have just opened recently because the project does not last long.
The drop of bitcoin is caused by a lot of factors. This are sale of MTGox bitcoins more than $ 400 million, threatening statements of the US Fed
and leaders of the G-20, Korean crypto exchanges checking. These circumstances lead to a drop in confidence in bitcoins from small investors who withdraw their funds.
In addition to the reasons you said, Bitcoin dropped due to Google's decision to stop advertising Crypto in June 2018. This is the main reason for the fall in Bitcoin prices, investors think Bitcoin will not be widely spread. when not supported by google. Bitcoin will become a bubble. So everyone sold Bitcoin, which made Bitcoin prices drop sharply. and leaders of the G-20, Korean crypto exchanges checking. These circumstances lead to a drop in confidence in bitcoins from small investors who withdraw their funds.
I think this is not true, bitcoin itself is not falling at all. If you think that bitcoin is falling now maybe you should think again if you really know what you are doing right now. Because if you know what you are doing surely never in your mind that will come that bitcoin is falling. Well we can say that its value is facluating due to buy and sell of the bitcoin holders. But please always bare in mind that this is the true nature of bitcoin. Surely if no one will buy and sell thier bitcoin this will slowly die. So just relax and keep calm everything is in line, we are still in the right path.
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