Well there might be various reasons. First the news that google is going to ban cryptocurrency ads might be contributing to the drop. There also might be some whales trying to manipulate the price of bitcoins by selling and waiting for btc's price to drop and then they'll buy a huge amount of btc again. Also some fake/half-true news or rumors which gets spread due to media might also add to the drop.
,,, Regarding the google is going to ban cryptocurrency ads so, I think this is the common cause of dropping the price of cryptocurrency and some other fake news. Actually, this is a normal situation because of changes based on daily development of the environment. But we don't need to be panic because bitcoin is really recover of any negatives condition. 
Topic: Why Is bitcoin going down again? (Read 477 times)
Great companies like Google and Twitter made a ban on advertising crypto currency. Some countries are also against bitcoin. And all this at the psychological level affects investors in crypto-currencies. Therefore, the price falls
I'm not sure what you're getting at here. If the google ban had an impact on the price it had to be positive, because a day or 2 after the announcement we were up by $1000.
The price had to fall after the Gox money were sold. It was enough to tip the scales and we needed to find a bottom before going up. It's as simple as that. Now after 600 and another push down that ended above that price at 7200 things are looking great. The buyers are back in.
Great companies like Google and Twitter made a ban on advertising crypto currency. Some countries are also against bitcoin. And all this at the psychological level affects investors in crypto-currencies. Therefore, the price falls
Bad issues about bitcoin like just happened like issues G20, Google and twitter banning crypto ads make people panic and sell their coin directly worried if the price goes down.
blame it to the panic sellers lol
I think bad news about Bitcoin is currently circulating in the mass media that resulted in falling prices Bitcoin, and the most severe is news from Google about the prohibition of advertising any about Bitcoin and Cryptocurrency in Google. that's what I think is very influential, so the bitcoin price is down at the moment.
Bitcoin decreases because of the low market. but it also returns when the market rises. depending on the month
one that also affects the market price of bitcoin, but the negative news sentiment about which is associated with bitcoin (example: one country does not recognize bitcoin) is also one that makes the effects of bitcoin down, but usually the bitcoin is used this way and will be stable on time.
Government and big banks against bitcoin.
They pull all the money in the market and lower the price.
Now it is not easy to make money as the old one. Prices are very stable. There is a sharp decline.
The government is the only one responsible for this bad situation.
Partly because governments are fighting against Bitcoin, they do not accept Bitcoin in their country. Bitcoin has been depreciating for the past few months, but today Bitcoin prices have rebounded, although they are quite sensitive coin. But because they change constantly, they have attracted more and more investors. I believe Bitcoin will continue to thrive in the future. They pull all the money in the market and lower the price.
Now it is not easy to make money as the old one. Prices are very stable. There is a sharp decline.
The government is the only one responsible for this bad situation.
I wonder why the price of bitcoin going down again even after the chinese holiday. Is it that it has to retrace back all the spike of 2017 or what?
A few article said that bitcoin price down right now because MtGox trustee selling bitcoin in big amount. Hopely after this phase, bitcoin can rising again and can reach high price last month ago
Government and big banks against bitcoin.
They pull all the money in the market and lower the price.
Now it is not easy to make money as the old one. Prices are very stable. There is a sharp decline.
The government is the only one responsible for this bad situation.
They pull all the money in the market and lower the price.
Now it is not easy to make money as the old one. Prices are very stable. There is a sharp decline.
The government is the only one responsible for this bad situation.
I wonder why the price of bitcoin going down again even after the chinese holiday. Is it that it has to retrace back all the spike of 2017 or what?
because we also know the virtual currency is fluctuactive and its price can not be ascertained exactly because there are no guidelines that set it so we can not predict it for sure and it's one of the weaknesses and risks of investing with the virtual currency
I found a little bit information about it.
One of the largest exchanges in the world is currently manipulating the market, by pegging Bitcoin’s value to another currency and, therefore, preventing the two markets from resuming their natural growth.
One of the largest exchanges in the world is currently manipulating the market, by pegging Bitcoin’s value to another currency and, therefore, preventing the two markets from resuming their natural growth.
In every varieties of life and things, so as all the works, we always have our ups and downs, and as for bitcoin, it is possible for it to encounter stretches like these too. It may seem that the prices are low, that makes us think the bitcoin is going down and may seem falling and crashing its existence. But no, just like before, from the past years of its living, it may fall its prices but that doesn't mean extincting in this field. May we support its ups and down though, because we are the ones who are the first who could benefit its works and that.
Bitcoin market value is going down mainly because of the FUD and panic that so many people are involved at the moment couple with the bad news from Google.
There are many reasons to bitcoin get drecreased currently. Especially, the bad news from google possess a lot that cryptocurrency tends to be banned, and I think this news takes a huge impact to all bitcoin users, they feel panic a lot and are going to sell it immediately. Another main reason is whale is gaining profits from bitcoin, whale is buying bitcoin to short it during future. In anyway, there are many reasons why bitcoin get decreased so you’d better have many reason for holding it, I believe that it will recover soon. I wonder why the price of bitcoin going down again even after the chinese holiday. Is it that it has to retrace back all the spike of 2017 or what?
The only solid news I believe capable of impacting the bitcoin prices is about Google banning crypto related ads. This will result in more price drop in future as well.
Yes that is true, but no one knows the real reason of why there is new FUD on the market, i am a little worried about what is going on right now, but i am not going to panic sell because of this.
Let's hope to see the market recovering soon.
Let's hope to see the market recovering soon.
Bitcoin market value is going down mainly because of the FUD and panic that so many people are involved at the moment couple with the bad news from Google.
There are many reasons why current prices are declining due to the many negative issues that come out and lowering the interest of investors to invest in crypto and many of them withdraw their assets, perhaps later after the G20 event takes place and get positive results. Crypto prices will begin to stabilize as investors will reinvest in Crypto.
I wonder why the price of bitcoin going down again even after the chinese holiday. Is it that it has to retrace back all the spike of 2017 or what?
Bitcoin is going down again because it is affected by the news that google and twitter is banning cryptocurrencies. There are also many other contributing factors like those big people who are manipulating the price of bitcoin or those people spreading lies against bitcoin.
Bitcoin market value is going down mainly because of the FUD and panic sell that so many people are involved at the moment couple with the bad news from Google.
It's not rocket science. Cryptocurrencies are very volatile and go up and down. After irrational exuberance earlier in the year, the industry was bound to experience a crash of sorts. Things will get better over time.
Jump to: