Topic: Why the bitcoin price goes down - page 5. (Read 797 times)
Bitcoin goes down because investors are getting their investments and that's the case when you invest Bitcoin in the past months and you're getting profits more than you expected then you'll have to withdraw it and turn into cash. That's one of the many reasons why Bitcoin drops.
There is the obvious reason that we have experienced the rally in the previous year and as a result, there was a much-needed correction in the price for the stabilization of price and the much-awaited fall is here but still, the rate is much lower than what I was expecting. I am also expecting the chaotic situation to remain like this until the beginning of the next quarter and we will see sustainable growth in the price for the rest of the year with minor fluctuations in the price.
Corrections are natural my friend don't be scared.
for me, the only reasons why bitcoin price goes down is because of some FUD news. FUD news can create a massive dump on some newbie investors that not really know how bitcoin really works. then the correction of this price from the previous sells last years. all in all normally bitcoin price is totally crash but it is just for now. sooner or later i am very sure that bitcoin will pump after this correction.
there is many reason. main reason is mining problem.tx fee is too high.confirmation taking too much time.
Bitcoins, Ripple, ethereum and other cryptocurrencies are continuing to fall today after uncertainty over crypto trading in South Korea triggered a panic sell-off of the virtual currencies on Tuesday.
South Korea is trying to verify that users use Crypto to stop money laundering, and this has created enormous pressure on investors in the country as they are all under control and this will make Bitcoin lost anonymous value
I think this is a factor in the number of bitcoin populations with more bitcoin users, looking at bitcoin prices at the moment, I think this is the most appropriate moment to look for bitcoin, to supply more to the next few months, and just wait for the bitcoin rise at the time comes ...
For the founder of SurBTC, Alejandro Beltrán Torrado, the fall in the value of bitcoin and other cryptocurrencies responds to different factors: the regulatory issue, mainly in countries like South Korea and China where governments investigate exchange houses because of the high volume of trading operations in bitcoin and other cryptocurrencies, the announcement of the beginning of the year of the technology giant, Microsoft, in which it reported that it stopped accepting payments in bitcoins and that it was later reversed: "(...) the scalability of the network and the expectation of the stability of the future of the digital currency ".
in this month price of bitcoin goes down , any one know reason for BTC price down
From what I understand all the things that going on right now in china make the market drop like this. in this month price of bitcoin goes down , any one know reason for BTC price down
Because many are selling bitcoin prices to go down, and when a lot of demand the price will soar. Bitcoin is long term, grasp and bitcoin will then jump too.
Bitcoins, Ripple, ethereum and other cryptocurrencies are continuing to fall today after uncertainty over crypto trading in South Korea triggered a panic sell-off of the virtual currencies on Tuesday.
Hi,
The downward trend is normal if you compare this year graphs with graphs from previous years.
It can be explained by several factors: annoucement made by some countries (such as China for example) about possible bans, a "normal" phase of decrease after the huge increase in prices in november and december, general movement of panic selling...
So, if I summarize: it's ok.
The downward trend is normal if you compare this year graphs with graphs from previous years.
It can be explained by several factors: annoucement made by some countries (such as China for example) about possible bans, a "normal" phase of decrease after the huge increase in prices in november and december, general movement of panic selling...
So, if I summarize: it's ok.
in this month price of bitcoin goes down , any one know reason for BTC price down
There is no definite explanation why is bitcoin is still going down, there are lots of things can be the cause of it like because of the price of bitcoin is goes down there are people or the bitcoin users who are being panic seller thats why if they sell it in lower price, price of bitcoin will continuously goes down.
The demand for bitcoin has reduced a lot compared to 2017, a lot of people are withdrawing from bitcoin and selling them than buying due to which the prices have crashed down real bad
Even the crypto market is on a low and nothing can be predicted firmly, but looking at the past bitcoin has neven been on a low for a long time
Even the crypto market is on a low and nothing can be predicted firmly, but looking at the past bitcoin has neven been on a low for a long time
Some possible reasons why bitcoin price greatly lower this month is because of the upcoming Chinese new year, and a couple of headlines news coming from both two countries China and South Korea, but some sellers like me only base decision to sell with the aid of technical and candlestick analysis, these trading indicators if set correctly can help you cut further loss. The reason why bitcoin price go below 10,000 is because of the breaking of a monthly and weekly resistance.
in this month price of bitcoin goes down , any one know reason for BTC price down
Nothing can climb and climb without a pullback, there is not such thing. If you consider how fast price went during the past month we reached like 20k$ on some exchanges and look what was the price few month ago you will see how fast the movement was. It is natural that some people will want to take their profits out of this, plus we had big media talking like all 7 days of the week about bitcoin and pump was real. Now when situation has calmed down, even google trends for bitcoin began to decline, price is falling.
Although being long time in the bitcoin space I can tell you that, I myself don't really think to much about the prices as they raise and they fall. The thing is that if you are in for the long term it should be okay as from this point it looks bright in my eyes for the end of 2018.
If you look at some analysis you could predict that price can go down till like 8k if not slips a bit more, we have many new "investors" and who knows what kind of panic selling this can pull. On the other hand bitcoin and other cryptos are more of a speculative asstet as it is from now on, than real currency with real use - although I am fairly confident this will change in future.
nice explain sir thanks
in this month price of bitcoin goes down , any one know reason for BTC price down
Actually I do not really know the falling price of bitcoin. But, I know in the business world up and down the price is common. so if you are in the business world do not be surprised with this kind of thing.in this month price of bitcoin goes down , any one know reason for BTC price down
Actually I do not really know the falling price of bitcoin. But, I know in the business world up and down the price is common. so if you are in the business world do not be surprised with this kind of thing.
more sell orders than buy orders simple as that.
in this month price of bitcoin goes down , any one know reason for BTC price down
There are different reasons, and a lot is already written here. Main reasons are some restrictions in Asia, decreasing of number of investments, chines NY is coming and etc. it is expected the price growth in February-March.
did you believe a bad news from Asia can decrease bitcoin value let's look at history last year ago
Did you not looked at the market price of Bitcoin? It was once at $20k and now, how much is it? I believe the sudden event of South Korea turning its back to cryptocurrency have huge impact on the market. Aside from that, Chinese government restriction also put a second thought to investors. Plus JP Morgans FUD and since they are an investment firm/bank, they really have a huge influence on the elite investors that wanted to invest in Bitcoin, the event and the statement of a known firm will definitely considered. This is the reason why Bitcoin price decreased.
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