Why is bitcoin reduced? | Bitcointalksearch.org

heringasem

full member

Activity: 168

Merit: 103

Quote from: Moneypham5 on January 21, 2018, 11:18:26 AM

In the end of 2017, bitcoin continuously decreases? So what is the cause?
Affordable economic downturn? Or is the demand falling?

Shut the fuck up mate, why are you spreading FUD? The demand is not falling, the only thing that is making the price go down is that there is a lot of manipulation over the price, NOTHING MORE than that.

JPCain

jr. member

Activity: 49

Merit: 10

In simple terms more people are selling then buying. I would imagine this is down to fear and uncertainty. New developments should attract buyers back.

beskid

full member

Activity: 252

Merit: 103

China banned the mining of bitcoins In early 2018, a copy of the document appeared on the Internet, in which the Central Bank of China directly speaks of the need to stop the mining of bitcoins in the country. The reasons are called "consumption of a huge amount of electricity and heated speculation with virtual currencies." South Korea prohibits anonymity South Korean authorities have changed their minds to prohibit crypto-currencies, but the financial regulators of the country will begin to fine investors who sell crypto-currency on condition of anonymity. The US taxed the exchange of Crypto-currency Exchange transactions in the US will necessarily be taxed. The corresponding law was signed by US President Donald Trump at the end of December. The new rules came into force on January 1, 2018. Disappointment of investors One of the reasons for the fall in the rate of crypto-currencies was the disappointment of small investors, who were bought by the bitcoins from mid-November to December, when its rate grew three-fold, expecting that the currency will continue to grow.

Trivelius

sr. member

Activity: 344

Merit: 250

Quote from: BTG-BTC on January 21, 2018, 01:40:06 PM

It has more or less become stable, and that's great because the market has migrated to altcoins.

Altcoin market cannot take bitcoin place, although when the price of bitcoin become a little stable then people try to invest some of their assets in other crypto currencies but still majority of their investment remian in bitcoin, and they mostly focus on bitcoin in fact they have more trust and feel more reliable when they invest their money in bitcoin.

Dravenz

newbie

Activity: 20

Merit: 0

It depends in the market place of bitcoin. If they have many bitcoin the value will increase.

Dudeperfect

hero member

Activity: 1190

Merit: 534

There was a growth in the year 2017 and as a result of it, correction was a much needed to stabilize the price and hence price fall took place. I do look at it in positive manners because this thing will help Bitcoin to grow in the long-term. Also, the involvement of the institutional investors was one of the reasons behind price fluctuations in Bitcoin and there were the panic sellers and panic buyers under FOMO effect.

Jaya1995

newbie

Activity: 47

Merit: 0

Quote from: Reid on January 21, 2018, 11:23:52 AM

No one knows. Only speculations.
They say it is because of South Korea regulating crypto currencies.
It could also be a sell. A big group of whales might had enough and withdrew.
That could be the main reasons and nothing more.
Now we need demands back.

whether in all countries limits crypto currency ....
if so will affect the economic market movement in the country if bitcoin is reduced

BTG-BTC

member

Activity: 89

Merit: 10

It has more or less become stable, and that's great because the market has migrated to altcoins.

Bonsaiav

full member

Activity: 602

Merit: 118

Historical records, say 'it has been a long time' bitcoin always hit by problems both Internally and Externally, such as the case a few days ago in south korea, the problem of high transaction fees that until now can`t be resolved. Well, maybe for the south korean problem will pass with time, but the issue of bitcoin fee is getting higher, making a lot of people who are reluctant to invest dibitcoin, and they transfer their investment to altcoin.

tuskacz

newbie

Activity: 56

Merit: 0

It is only temporary correction down brother due to uncertainty of crypto regulations.
Bitcoin is safe as gold, it will go very high in 2018 so buy now

wishing you good profits.

SONG GEET

hero member

Activity: 700

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

It's profit taking

Many have made millions just starting with few thousand dollars within 1-2 years by investing in some cryptos. Some of them cashed out at end of the year to spend for holidays along with other whales who spreaded fuds to buy Bitcoin and other crypto at discount.

jvdp

hero member

Activity: 1148

Merit: 523

CryptoTalk.Org - Get Paid for every Post!

Quote from: Moneypham5 on January 21, 2018, 11:18:26 AM

In the end of 2017, bitcoin continuously decreases? So what is the cause?
Affordable economic downturn? Or is the demand falling?
Grin

In the end of 2017, Segwit2X was launched in December 28 so Bitcoin server is busy to transact the money this is just a common problem in Bitcoin. This is the exact reason for down the Bitcoin value. After launching it was normal in the market. Then again south Korea government was banned in trading. This also create some problem. Now everything is solve in the market again Bitcoin is pump in the market. Don't worry about Bitcoin because it is always positive in the market.

bolawin

copper member

Activity: 246

Merit: 7

buy bitcoin, hodl bitcoin

it will reach higher this year.

Reid

hero member

Activity: 2912

Merit: 642

No one knows. Only speculations.
They say it is because of South Korea regulating crypto currencies.
It could also be a sell. A big group of whales might had enough and withdrew.
That could be the main reasons and nothing more.
Now we need demands back.

Moneypham5

newbie

Activity: 134

Merit: 0

In the end of 2017, bitcoin continuously decreases? So what is the cause?
Affordable economic downturn? Or is the demand falling?
Grin

Topic: Why is bitcoin reduced? (Read 168 times)