Topic: Why is BTC dropping every week? - page 3. (Read 581 times)

I think you shouldn't be worried because bitcoin is going dowm this few months, also remember that this has occurred in the past if you chect history of bitcoin and other cryptos.
However, learning  the basic factors or reason of the fall in price will also reduce some thoughts like, supply and demand. Others reasons are ,
Increase Merchants Acceptance:
At the moment of doing this post; Bitcoin is now accepted by over 100 thousand merchant. As a matter of fact, bitcoin is gaining more acceptance that Paypal as it is not accepted on eBay, Amazon, Alibaba and the likes. This also have a way of affecting the price of Bitcoin. No wonder some people believes Bitcoin price will greatly increase next year.

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
Again, these are few coin i think you can invest for future earnings
Litecoin, monero, ripple, etc

Personally. I don't expect again 6k. Cause last time huge volume around 6k. But thet realized their profit over 10k.

It is difficult to get a profit when market conditions are bearish let alone supported a death cross that has happened. The strongest demand is now at a price of $ 6000 if you wish to buy back at that price.

The price of bitcoin drops every week because a lot of people who came to the bitcoin community are not true supporters of bitcoin. they were attracted by stable price growth. After the rise in prices has stopped, they can easily sell their coins to whales. But I'm not selling my stock of coins. If such people there will be a lot of bitcoin price will always be stable.

I'm also worried about what's happening in the price of bitcoin now but I see the chart Last year and I guess this is normal, maybe now it took so long in the dip but I don't want to get panic about this. I still keep hold my bitcoin and I still buy bitcoin specially now that the price are in the lowest.

There are many causes for dropping the Bitcoin price because there are many impatient people who are losing faith in the Bitcoin price. There are so many people buying Bitcoin at the below prices and holding them to make dip the price even lower.

This is useless to discuss because bitcoin just acting nuts at this time and no body is having real answer on how and when the bitcoin will bounce back to its normal position. However, we can hope that it will come up soon and meanwhile keep investing which is our part of duty that we must keep doing while the bitcoin is down. Obviously who wants to miss this train again ever? If we invest then we will make it more stronger economy and thus we can keep it going on forever. We are the basics of the BTC and ALT values. Let the time do its part to recover the BTC and bless us with the profits.

As in the past few weeks there has been negative information negatively impacting the movement of Bitcoin. In my country, there is a lot of fake information about Bitcoin to make investors worry and sell it all, which negatively affects Bitcoin.

the general market is falling and you can`t swim against the flow, the buy in dip formula works every time but the time factor is the most important thing in this formula because it is not the dip if we think it is the dip, so measuring time when to buy is the most important thing.

It's very difficult to buy in the dips where nearly every week is a deeper dip than the previous once, in a bearish market you should probably avoid that strategy. If you are holding for the short term, don't expect any recovery within the next 2-3 months. Bitcoin likely won't see a big bull run until late 2018 at the very earliest. I personally think it wont be until some time next year or beyond.

I strongly agree on your opinion that, the current decline of bitcoin and other altcoins could be attributed to so many factors and one cannot be optimistic on when the decline will stop though some speculators are of the believe that the market has reach the minimum bottom and we should expect an upward trend soon. And adding also my opinion that, just keep buying if you still have the financial muscles to invest, After all you are helping your own course. And demand is low now this the reason why price keeps sinking. It takes people like you to increase the demand for bitcoin. In addition, one thing i can tell is that bitcoin is here to stay for a longer period of time, i am not talking about the alt coins, i wonder what all coins will be active a few years from now and we may not see all the coins that are created in five years time.

BTC decreased every week by the adjustment of prices on the market cryptocurrency in the past to be more stable. Growth for unknown reasons demonstrates that the market will grow stronger after such fluctuations.

Bitcoin market and crypto currency are developing according to their laws: demand creates supply. Probably, the demand for bitcoin is now low, this is the reason why the price continues to sink. Of course, many ask the question: is this fall - is it part of the game on the market? May be so. Many people are investing right now. How profitable will such investments be? Time will tell.

The decrease in the Bitcoin price in the last few days without obvious reasons is reminiscent of the preparations for large-scale growth.
It seems that whales buy Bitcoin on falls. Such actions may indicate the possible take-off of all the Crypto-currency in the near future.
Let's hope that this happens in April.

A lot of people are panic selling and dumping coins into the market which is increasing supply of bitcoin in the market and there is not enough demand to balance it out.

Don't expects bitcoin to bounce back because it may lead to frustration but wait for bitcoin to bounce back because that will builds your faith and trust in bitcoin, a lot have happened in the price of bitcoin and at that the best thing to do right now is to hodl and wait for the right time.

There are some factors that causing bitcoin to falling.
maybe because some of 'bad news' about bitcoin ? maybe it is need some correction ?
or maybe it is because the whales of bitcoin dumped their coins.

Yeah obviously we can expect a bounce back in the market. Given the fact that all the factors affecting the price of BTC is pretty settled, and nothing new is coming up; it’s pretty obvious that price will rise pretty soon.

Im sorry to hear that, actually my brother is the same with you he invested on its peak he invested 5000k usd and now not its dropping, what i suggest for him to do is to do some bounties like twitter, facebook and other signature campaign so that he will collect and collect while bitcoin is on its dip and when do price goes up he will return his ROI, and that is what is suggest to you to do. you would be on a sorry state if you trade on this dips if you are not an expert or you don't give your full time on trading. just hold this dips happens every year and many times a year, so don't worry to much

We can never really predict the market. There were some factors that were affecting the price. But I think, the factors have settled and the market is getting normal. We just need a single turn. That will change the whole scenario. I’m Hopeful.