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Topic: Why is Bitcoin falling? - page 6. (Read 1633 times)

jr. member
Activity: 82
Merit: 2
March 17, 2018, 05:43:52 AM
Bitcoin is continuously going down mainly because of the initiation of new cryptocurrencies. I think most of the investors have chose to withdraw their stakes in bitcoin and invest it to other cryptos.
member
Activity: 378
Merit: 10
March 17, 2018, 05:23:17 AM
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.
newbie
Activity: 28
Merit: 0
March 17, 2018, 03:20:16 AM
Чeм бoльшe чeлoвeк бyдyт пoльзoвaтьcя биткoинoм-тeм бoльшe oн бyдeт cтoить-этo мoё мнeниe.
legendary
Activity: 1120
Merit: 1003
March 17, 2018, 03:17:05 AM
With the general trend of decline in the bitcoin continues to come with news, as well as altcoins into the trend of declining and leave the altcoins there leaving itself I do not like it maybe in 1 -2 month later will be great of market volume and price
member
Activity: 406
Merit: 10
March 17, 2018, 03:13:30 AM
Seems some whales were making fun of the market,it will soon be up,i guest by now whales should be do with there heavy sales
full member
Activity: 310
Merit: 103
Rookie Website developer
March 17, 2018, 03:10:33 AM
it isnt falling. many and all the other news have already tackled about its fall years ago, but it still continue to grow and earn more. More likely, its just sleeping.
member
Activity: 714
Merit: 11
March 17, 2018, 03:03:25 AM
This may be only due to different regulation applied by different governments. People are scared about it's future existence. that's why its price is down right now. but it will no longer down. soon it will reach the price that is unexpected by everyone.
member
Activity: 299
Merit: 11
March 17, 2018, 03:01:26 AM
People lose interest in bitcoin and might be moving to another coin or just not buying altogether. It's just the time of the week or month and is pretty natural. Somehow, bitcoin will rise back as it has always done.
newbie
Activity: 89
Merit: 0
March 17, 2018, 02:57:04 AM
Bitcoin is falling because a market simply cannot stay high all the time. There are drops, crashes, dips. This is actually how smart investors make the most money. If bitcoin stayed at a steady price, you wouldn't make any money
newbie
Activity: 184
Merit: 0
March 17, 2018, 02:38:55 AM

At present bitcoin prices are declining and may fall further due to bad news. I think the next few months the market will rise again
member
Activity: 274
Merit: 10
March 17, 2018, 02:33:31 AM
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.

Well said bro,  they tells negative about bitcoin thats why bitcoin is falling down. Hoping that is just a normal for btc to go low then go high as pulse.
newbie
Activity: 126
Merit: 0
March 17, 2018, 02:30:27 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.
I am also confused as to why the price of Bitcoin could fall so far. And the end of 2017 Bitcoin prices really is at its peak. And I think early in 2018 the price of Bitcoin will go up even higher but my prediction is very wrong.
hero member
Activity: 1273
Merit: 507
March 17, 2018, 01:46:14 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.

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.
newbie
Activity: 84
Merit: 0
March 17, 2018, 12:59:56 AM
the task is to sell coins at the best possible price. The only difference from similar procedures in the US is the method of implementation. Coins are not sold at auctions, but on certain exchanges.
newbie
Activity: 191
Merit: 0
March 16, 2018, 11:39:17 PM
yes, I think the demeanour of a country's government greatly affects the reduction of bitcoin prices. Not only that, bad news about bitcoin is also one of the causes. It makes the users become worried and panicked and then they sell their coins. Panic sell will make the situation worse.

CMIIW
full member
Activity: 532
Merit: 101
March 16, 2018, 11:26:31 PM
Bitcoin is not falling but the price of it is just falling due to a lot of individuals/investors are all afraid in the price right now due to the left and right negative news, that means they don't fully understand the concept what bitcoin is and that they are just after the money when the price is high but when the price is low, they don't support bitcoin.
Maybe because of negative news when they heard, so people panic and they scared to invest in bitcoin. That's why some investors stop investing. You're true it shows only that they don't really understand and lack of knowledge. Even if the price may low or high, If you really support bitcoin you just continue believe and invest in bitcoin. But we always believe the price of bitcoin will increase.
full member
Activity: 293
Merit: 100
March 14, 2018, 02:40:07 PM
Anyone here heard of the Tokyo Whale? He's the guy charged with liquidating Mt. Gox assets and paying off creditors. He periodically sells off BTC, and when he does, the market takes a dive. When it recovers, then he sells again. He's trying to get around $10K per BTC. I'm guessing he sold again earlier today.

https://www.bloomberg.com/news/articles/2018-03-07/bitcoin-s-tokyo-whale-sold-400-million-and-he-s-not-done-yet
For me, bitcoin fall because of some other people stop investing in this crypto. Bitcoin is really the best even in its worst because eventhough bitcoin price drop but we people learn on how to take a risk and how to face any problem. Bitcoin help us to be strong enough in any problem we've encounter and I owe bitcoin for teaching me like those.
legendary
Activity: 1806
Merit: 1029
March 14, 2018, 02:24:28 PM
Anyone here heard of the Tokyo Whale? He's the guy charged with liquidating Mt. Gox assets and paying off creditors. He periodically sells off BTC, and when he does, the market takes a dive. When it recovers, then he sells again. He's trying to get around $10K per BTC. I'm guessing he sold again earlier today.

https://www.bloomberg.com/news/articles/2018-03-07/bitcoin-s-tokyo-whale-sold-400-million-and-he-s-not-done-yet
member
Activity: 336
Merit: 10
March 14, 2018, 01:06:48 PM
For me, there is nothing to worry about it because it is part of the cycle. One of the reason for Bitcoin's crash is probably the recent situation in United States and other countries. There are some countries who were banning cryptocurrency and USA has some issues about it, I guess. But everything will turn back steady. Maybe in the second quarter, Bitcoin's price will regain.
sr. member
Activity: 1400
Merit: 273
March 14, 2018, 03:17:05 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.

The reason is not just about the confusion that is caused by the Indian Government's stance on cryptocurrencies. They have issued an official statement in line with this uncertainty. And the statement went out a little soothing to crypto supporters and their fears because it was sort of reassuring. The Indian government will not ban cryptocurrency there. They will most probably regulate it and then tax it. There is nothing wrong with it. A ban is what we all are avoiding. Especially in a country with so huge a population that are into crypto, India should be in our favor. 
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