Topic: Why the bitcoin price goes down - page 6. (Read 797 times)
Prices are going down as demand is going down. ITs a cycle of bitcoin. Profit-takers are making money out of it while ppl making a panic sale are losing their money.
But when mining will be banned in China. That means less new Bitcoins. That logically would result in higher prices for Bitcoin?!?!
advanced Mathematical analysis suggests it's because it's not going up.
and probably because fewer people are willing to buy at this price than there are who are willing to sell at even lower prices.
and probably because fewer people are willing to buy at this price than there are who are willing to sell at even lower prices.
Strongly agree with you. Instead of looking at it as bad ,look at it as an opportunity to buy because it is a bit cheaper now although when you look at the previous years, bitcoin now is still on its high value. Its dropping because I think people are in panick and selling their bitcoin. But for sure it will recover soon.
the drop below $10k was a simple manipulation and newbie panic while whales were accumulating cheap coins in their pockets for a huge profit which they will make pretty soon.
the other drop that happened after it and price barely touched $10k may be the remainder of that, or it may be because they changed the definition of bitcoin on bitcoin.org yesterday! and removed the fact that bitcoin transactions should be cheap...
the other drop that happened after it and price barely touched $10k may be the remainder of that, or it may be because they changed the definition of bitcoin on bitcoin.org yesterday! and removed the fact that bitcoin transactions should be cheap...
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
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.
in this month price of bitcoin goes down , any one know reason for BTC price down
Yes it is sad for us who just bought bitcoin recently when its price is high compared to its current price. And right now there are speculations that bitcoin price would go down to $7000 before the end of the month. In just a month its price really goes down.
Some panicked that they sell their bitcoins. That also includes the banning of China.
Maybe because not enough people are buying. People should wait till the price is less before buying. Whales got in for a few cents at the beginning. They should bow out and take their profit and leave others to have a chance of cheap Bitcoin.
Maybe because when the bitcoin price goes high, there are less buyers, so it will draws back to lower price just like the law of supply and demand in economics. I think this will always be the scenario for bitcoin and other cryptocurrencies.
from my point of view I think people are scared and withdrawing as much as they can before btc goes down more
I agree with this point. Since fast falling from $17k to $13k drastically, only takes few days, impact many people stuck in doubly decision between hold or panic sell. With additional news about some countries are starting of ban any transactions using Bitcoin, this is certainly very related.Since then Bitcoin has been slowly declining, while investors are getting lost in trust, they following in condition panic selling. Actually this is an unhealthy condition for a currency trading especially this Cryptocurrencies, because there is no party can back up if the price has dropped sharply like this.
When there is high, there are more fish. When there is low tide the supply of fish decrease. I think the reason why this price of bitcoin decreases because of the subdue numbers of investors. In the literal view of mine in the literal view of market. When there is a lot of supply and a lot of buyers the items is in stable price. When the items does not sold out because of few numbers who have interest the owner will decrease the price so that the income will back. I think it is similar.
Bitcoin price going down cause the demand is too low like in 2017 there so many traders in 2017 but now i think the traders take a rest that's why the demand is too low.
And also there is always going down and going up but never Forever going down and forever going up that's why the traders expected it because of the price increase in last month in december which is in year 2017.
And also there is always going down and going up but never Forever going down and forever going up that's why the traders expected it because of the price increase in last month in december which is in year 2017.
in this month price of bitcoin goes down , any one know reason for BTC price down
I think after 26 jan . the price will to very high maybe will reach 20-25 thousand Can you back this claim up with some reasoning or source or something?
I think the price will hit $1,000,000 per BTC because my brain says so...
CME, Futures and FUD are all contributing to the price right now. Not to mention that we had a huge rally in December also, looking at charts over the past few years we always see this type of action in jan - feb.
in this month price of bitcoin goes down , any one know reason for BTC price down
I think after 26 jan . the price will to very high maybe will reach 20-25 thousand Can you back this claim up with some reasoning or source or something?
It will be really exciting.
I hope that the bitcoin comes back into the game, till February .
I hope that the bitcoin comes back into the game, till February .
in this month price of bitcoin goes down , any one know reason for BTC price down
I think after 26 jan . the price will to very high maybe will reach 20-25 thousand 
Why after Jan. 26, to end the Chinese New Year? ; DIn fact, anything can happen.
from my point of view I think people are scared and withdrawing as much as they can before btc goes down more
I don't think this is right - if more and more people were withdrawing their coins, the mempool would be full. But the mempool is clearing which means LESS transactions are being made (less people sending coins from their wallets to the exchanges).
That assessment is not necessarily correct. You can sell up a number of positions on exchange and move a single transaction, while when buying may have made numerous smaller transactions over time. Also people moving away from Bitcoin to ETH/LTC/BCH for moving funds between exchange and on/off ramps. All the mempool tells us is Bitcoin is being used less.
advanced Mathematical analysis suggests it's because it's not going up.
and probably because fewer people are willing to buy at this price than there are who are willing to sell at even lower prices.
and probably because fewer people are willing to buy at this price than there are who are willing to sell at even lower prices.
I strongly agree on your opinion that, advanced Mathematical analysis suggests it's because it's not going up. And probably because fewer people are willing to buy at this price than there are who are willing to sell at even lower prices. And adding also my opinion that, bitcoin is just like a product if there are only few person use it the demand will also verry few and it really affect the price on tbe marketplace but i think bitcoin is different. In addition, the intention of china to stop the mining, the supposed ban of crypto trading in South korea etc.
Intresting thing is that the total market cap went one month back. pre christmas
Jump to: