Why is Bitcoin falling? - page 9. | Bitcointalksearch.org

prehisto

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Your Data Belongs To You

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.

OMG, It has no relation to FUD around India.

20k was a huge exaggeration , a bubble . The downtrend is because of the overall situation around crypto market , you can say that it is a bear market till confirmed otherwise.

eriwis

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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.

I think it's a very natural thing because the price of Bitcoin is falling once. Precisely this is called fluctuate. Although Bitcoin has dropped by 56% since the turn of the year, I am sure that by the end of the year Bitcoin prices will rise higher than last year. So do not be surprised by the dramatic decline in Bitcoin prices. Most importantly we are all optimistic that Bitcoin prices can touch the highest value again.

Blackrosek

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Recently some false news about Bitcoin is spreading. Many people think that it is being used for evil purposes. So the negative effect of Bitcoin is decreasing day by day.

pinkman12345

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Quote from: jackchun on March 07, 2018, 09:30:08 PM

today bitcoin price keep falling

Worst is yet to come. I believe that we will see a major dip below 8700$ in a day. Cant control emotions the sell it for USDT at least secure face face value.

dedens212

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The number of issues that spread in some countries that prohibit the existence of Bitcoin, other than it is rules to ban the trading of virtual currency. Some of these things make bitcoin prices and a bunch of other virtual currencies plummeting dramatically.

Pandacomel

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THE bitcoin price has plunged amid a massive sell-off prompted by mounting fears of a trading ban in South Korea. Ripple, ethereum and other cryptocurrencies are continuing to fall today after uncertainty over crypto trading in South Korea.South Korea’s Government is now working on a bill which effectively limit digital currency trade amid fears that speculative prices are a dangerous risk to investors.China has already banned the trade of cryptocurrencies and Russia is toying with a similar idea.But Korea’s plans have not been finalised yet and still need to be passed through Government for approval.According to Matt Greenspan, an analyst at trading platform eToro, trade volume in South Korea and Japan has seen steady decline over the past days

Dewi11

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I do not understand why bitcoin keeps falling, when bitcoin falls, there is a problem with saying that the huge amount of sales in China is in the Lunar New Year. and at that time the largest holder of bitcoin is china.
and now the Lunar New Year has passed but bitcoin also does not rise, scaring the investors until finally they sell bitcoin to avoid big losses.
Lack of public confidence in bitcoin will be the impact of the decline in bitcoin prices, the development of bitcoin inflation rate depends on the beliefs of people around the world.
Keep your investment in bitcoin so that bitcoin prices go up.

jackchun

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today bitcoin price keep falling

hot_ads

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All kinds of bad news about BTC led to the price of BTC falling. Last night, binance's bad news directly caused the BTC to drop by $1000.

Df9898

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because there are investors who directly sells many bitcoin it which causes the price of bitcoin fell as investors deciding that downs a bitcoin and there are those who want to drop and it makes the bitcoin bitcoin fall.

Zavakrayn

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Same reason as it is now. FUD!

Makingmoney2018

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Don't panic if bitcoin is falling it's normal, anyway it is not permanent that keeps it falling. Keep on holding bitcoin until the price will rise again.

EthanKai

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Maybe some of the holders of bitcoin are dumping too fast because of the speculation that the btc will drop soon. The problem with people is believing too fast on some fancy news which can lead chaos to some people too.

asicuser

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I am not sure it's falling, up and down is normal.

KITTY 0108

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Why bitcoin falls? in my opinion bitcoin does not fall, maybe due to work competition factor alone, causing bitcoin price to be down current.

chengyinoing

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Bitcoin's decline has had a lot of impact, as some big countries have introduced policies that regulate the use of cryptocurrency, and many people fear that sales will drive down the price of bitcoin.

mx667

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Quote from: ngavanngo22 on March 07, 2018, 06:54:02 PM

The fall in Bitcoin rates due to the Chinese New Year, plus the negative news on the crypto, has led to a 50% fall in Bitcoin rates at the end of 2017. As a result of the Binance exchange hacking, Bitcoin has fallen to less than $ 10,000. Hope Q2 2018 the exchange rate of cryptocurrencies market will recover.

First of all, if you know the basic of the Bitcoin and the crypto world, you will know that such price reduction and price increasing is very normal and very usuall in the world of crypto. It is why makes Bitcoin grow up and crypto always developing. If the price of Bitcoin always go up and never go down, it will be so strange and unusuall. But if the price of Bitcoin go down, we all know that the price of Bitcoin will go up soon. If you ask for some common answer, then this statement of my mine may help you. But if you want to ask for specific question about why is the Bitcoin falling right now, maybe the above statement will give you an answer.

ballexplorer

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I've heard that all Altcoins at Binance have been converted to BTC.
In addition, there should be problems with decentralized exchanges by the SEC.
These are the reasons why the price has plummeted by about 1000 points.

TraderInc

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Quote from: Thadeous on March 07, 2018, 05:08:30 PM

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.

Yea I agree with you.
The big money is missing.
Also, I have heard that Smart money comes in when BTC reaches 14000.00
No one is interested in crypto right now. Only the Core community is here right now and BTC is still
10k just with its genuine community which also tell us that bitcoin core community is quiet huge now too.
If there is a bull run then people will start flocking.

ngavanngo22

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OPEN GAMING PLATFORM

The fall in Bitcoin rates due to the Chinese New Year, plus the negative news on the crypto, has led to a 50% fall in Bitcoin rates at the end of 2017. As a result of the Binance exchange hacking, Bitcoin has fallen to less than $ 10,000. Hope Q2 2018 the exchange rate of cryptocurrencies market will recover. Undecided

Topic: Why is Bitcoin falling? - page 9. (Read 1633 times)