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Topic: Why is BTC dropping every week? - page 2. (Read 581 times)

newbie
Activity: 98
Merit: 0
April 19, 2018, 03:14:56 AM
#56
Because the price of BTC always fluctuates!

Investment in everything has a rise and fall, so maintain a good attitude!

Recently, the price of BTC is relatively stable, and there is a trend of starting to rise!
member
Activity: 504
Merit: 10
YOUC | John McAfee Supports
April 19, 2018, 03:10:04 AM
#55
Well we are all waiting for the bottom to come because we know onelce its reached bitcoin will bounce back. Our main target is let it recover then make it grow. You don't have to panic now that its going down. It will recover, always remember that.
I think we are pass that bottom, daily chart looks bullish already

You are right, now is the time for bullish market. i see the chart from past few years.
the pattern of price almost same, falling on the Q1, then gradually recovering from Q2 to Q4.
newbie
Activity: 240
Merit: 0
April 18, 2018, 01:35:49 PM
#54
there are always times in the week when the price of bitcoin is always dropping but sometimes the drop margin is not as big as others but they drop due to there being way too much supply of coins in the market and not enough demand to balance out this supply but now the price seems to be on a recovery trend.
jr. member
Activity: 308
Merit: 5
April 06, 2018, 11:32:16 PM
#53
No one can guess right what will happened in the  next week, next month or in the future.  Is  Bitcoin going to soar or go down.  Predictions is just a guess.
The cause why BTC is dropping every week is maybe because of bad press releases.  Some says Bitcoin is going to be banned in ones country or the government is against Bitcoin or maybe other negative sources.  For me I am a believer of Bitcoin and for me Bitcoin is here and it will stay for good.
newbie
Activity: 86
Merit: 0
April 06, 2018, 11:24:17 PM
#52
I think you have to forget it and after 3 month you comeback and get your rich
I sell any asset and buy BTC after i delete binance app and travel with my girlfriend
I hope after 1 year i will get rich Grin
Go to the moon Cheesy
newbie
Activity: 128
Merit: 0
April 03, 2018, 02:50:12 AM
#51
Bitcoin prices fell sharply after news that Google would ban all ads related to virtual currency. This move by Google makes investors, as well as the virtual currency market suffer. According to a financial service policy update published by Google on March 14, the company will ban all virtual currency ads and related virtual currency starting in June this year. And so the advertising mogul, the search engine has come out, making bitcoin prices plummet. Earlier, in January, Facebook also announced the same ban, causing Bitcoin prices to fall 12%.
This has a negative impact on the psychology of virtual money investors, causing the price of this property plummeted.
hero member
Activity: 826
Merit: 518
April 03, 2018, 12:00:48 AM
#50
When can i expect it to bounceback? every week it is going down, the buy in the dips formula ain't working for me now. I am exhausting my investment budgets every now and then. I need some advice to make some crypto. If you can suggest some strong alt coins to buy or trade, I would appreciate that too.
Already the price of bitcoin is increasing now so you just hold the bitcoin the taking another risk of investing your money into altcoins because altcoin investments are more riskier than bitcoin so better to do continue what you are doing already.If you can buy more bitcoin surely there will be a quick price bump in bitcoin soon.
full member
Activity: 266
Merit: 100
April 02, 2018, 11:54:50 PM
#49
As for now, to lessen the lose of investment you should hodl mate. It better to have the quantity so that if it bounce back then you will gain from it or break even. If you believe on bitcoin Hodl it. If you want to to gain some small profit from it, then trade it. That's simple mate.
member
Activity: 476
Merit: 10
Student Coin
April 02, 2018, 11:46:49 PM
#48
Im sure its because of investor who sell their bitcoin if they reach their achieving price of bitcoin,investor is the the one that can affect the price of bitcoin,if theres more investor the price can be high and if theres more seller the price of bitcoin can be down.
newbie
Activity: 330
Merit: 0
April 02, 2018, 11:39:20 PM
#47
When can i expect it to bounceback? every week it is going down, the buy in the dips formula ain't working for me now. I am exhausting my investment budgets every now and then. I need some advice to make some crypto. If you can suggest some strong alt coins to buy or trade, I would appreciate that too.

Based on chart analysis I expect the bottom to occur mid 2019. The next peak will probably be timed close to the political cycle and halving. That way there is something to blame on it going down, even though it is based on this:

http://www.onemint.com/wp-content/uploads/2010/06/image7.png

Or it could go up about... now. Who knows?
newbie
Activity: 238
Merit: 0
April 02, 2018, 11:33:32 PM
#46
The price drop of BTC is necessary sometimes because for this many investors get chance to invest. When the price will rise, they'll sell them. I would suggest you take risk a bit more and hold on your coins because the price is going to rise very soon. Probably, at the end of May it'll start to rise high.
So, stay calm as a huge success comes out of a great risks.
member
Activity: 322
Merit: 10
April 02, 2018, 02:49:08 PM
#45
Well we are all waiting for the bottom to come because we know onelce its reached bitcoin will bounce back. Our main target is let it recover then make it grow. You don't have to panic now that its going down. It will recover, always remember that.
I think we are pass that bottom, daily chart looks bullish already
Yes we have crossed a very tough time and those who passed it with patience without selling at low, are going to be the rich people who will enjoy life with bitcoin for more profit, now in market bitcoin demand is increasing because people are now holding they are not selling, if they will wait more so the price of bitcoin is market will rise very high, let’s see what will happen but apparently it has stopped to decrease because it is now increasing gradually. Price is already 17k dollar and it will raise more.
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
April 02, 2018, 12:29:25 PM
#44
Yes, this year bitcoin price is falling down unexpectedly.Bitcoin.price was huge las year compairing to this year price.Bitcoin can comeback anyday I believe.So we should buy btc at low price now and we can make profit in future surely.
full member
Activity: 330
Merit: 102
April 02, 2018, 08:54:22 AM
#43
When can i expect it to bounceback? every week it is going down, the buy in the dips formula ain't working for me now. I am exhausting my investment budgets every now and then. I need some advice to make some crypto. If you can suggest some strong alt coins to buy or trade, I would appreciate that too.
it is natural to happen about the movement of bitcoin prices that rise and fall at any time. you certainly know what if the bitcoin price drops then altcoin also decreases. so choose the bitcoin to invest because the altcoin value depends on the bitcoin value.
jr. member
Activity: 110
Merit: 2
April 02, 2018, 07:58:13 AM
#42
I think because of some investors shifting to other coins that's has potential to growth and most probably some of internet site blocked banned crypto ads just like google and sooner, maybe also Facebook.
member
Activity: 454
Merit: 13
April 02, 2018, 07:12:33 AM
#41
When can i expect it to bounceback? every week it is going down, the buy in the dips formula ain't working for me now. I am exhausting my investment budgets every now and then. I need some advice to make some crypto. If you can suggest some strong alt coins to buy or trade, I would appreciate that too.
This is not true. Bitcoin is not dropping every week. If you study the price changes you will see that bitcoin has moved narrowly but in the range of between $5000 and $11000 for the past 10 weeks. It hit $6000 three days ago but has recovered back upwards to $7000. So it is rising. If you bought the dips of $5000 or $6000 you would have made very good profits. You need to really study the market and do your research properly.
newbie
Activity: 29
Merit: 4
April 02, 2018, 07:03:54 AM
#40
Well we are all waiting for the bottom to come because we know onelce its reached bitcoin will bounce back. Our main target is let it recover then make it grow. You don't have to panic now that its going down. It will recover, always remember that.
I think we are pass that bottom, daily chart looks bullish already
hero member
Activity: 616
Merit: 500
April 02, 2018, 07:02:29 AM
#39
Mining:
The cost to mine new Bitcoins affects the price. The cost of mining depends on: electricity, hardware, and maintenance. Miners calculate these costs and sell their Bitcoin for a premium to be profitable. A miner won’t sell his Bitcoin for less that the production cost unless they are running low on cash. New coins only enter the system through mining. Mining generates new coins as an incentive for proof of work. This process generates new coins at a fixed rate. The number of bitcoins in circulation at any time is calculable.etc
Right, but how does this cause downward trend of Bitcoin price? By logic, it should increase the price over time, because difficulty is increasing and miners will not want to sell bitcoins with loss and this should increase price because the supply is limited.
full member
Activity: 406
Merit: 102
April 02, 2018, 06:57:28 AM
#38
Well we are all waiting for the bottom to come because we know onelce its reached bitcoin will bounce back. Our main target is let it recover then make it grow. You don't have to panic now that its going down. It will recover, always remember that.
newbie
Activity: 168
Merit: 0
April 02, 2018, 06:50:25 AM
#37
probably because a top site site like google has banned blocking crypto ads, I think it's very influential. not to mention tweeters and facebook will follow google, maybe a month ahead bitcoin prices will continue to decline.
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