Why the price of bitcoin rapidly going down - page 19.

concept2

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Quote from: Gumpfire on August 01, 2018, 11:51:19 AM

Quote from: Athelstan Miller on March 19, 2018, 07:27:51 AM

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.

Actually, the price of bitcoin is going down because people starts to sell their bitcoin and there are countries had banned bitcoin that is why bitcoin is losing some of its investors. Hoping that bitcoin could get its price back again like last year.

That is not the true reason. There are many countries have already banned bitcoin but there is no effect at all. The main reason here is that the people already earned enough money from bitcoin, therefore, they decide to sell bitcoin for profit.

cryptocurrencyguru

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bitcoin is in bear market and it is reacting rapidly to all the news coming in the media and many are doing panic selling so the bitcoin price is going down rapidly we can expect price pump by this year end

Rose119

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Quote from: Gumpfire on August 01, 2018, 11:51:19 AM

Quote from: Athelstan Miller on March 19, 2018, 07:27:51 AM

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.

Actually, the price of bitcoin is going down because people starts to sell their bitcoin and there are countries had banned bitcoin that is why bitcoin is losing some of its investors. Hoping that bitcoin could get its price back again like last year.

Don't worry because bitcoin can recover soon. Maybe not now because of other countries still banned it but I hope those countries where bitcoin banned is they will realize soon the used of bitcoin and
it's worth.

Gumpfire

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Quote from: Athelstan Miller on March 19, 2018, 07:27:51 AM

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.

Actually, the price of bitcoin is going down because people starts to sell their bitcoin and there are countries had banned bitcoin that is why bitcoin is losing some of its investors. Hoping that bitcoin could get its price back again like last year.

prettymargaux

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Quote from: Athelstan Miller on March 19, 2018, 07:27:51 AM

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.

Exactly, that's the point! The release of the LN is nearly at hand, and it's quite unpredictable, that's why bitcoin's price is going down. This kind of bitcoin's movement is positive to some and negative to others. Some are dumping bitcoin, because they fear that the decision of the SEC would not be favorable to the cryptoworld, while those who are wise enough, considerably the "whales", saw this the other way around. They are manipulating this dumping to get more bitcoin, so that when the decision comes out, which they positively consider, they can make more profit.

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Quote from: Athelstan Miller on March 19, 2018, 07:27:51 AM

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.

It is definitely temporarily because bitcoin is fluctuative meaning it cannot stay to particular price for a time whethet it is huge price or dump price. Bitcoin falls because of FUD and to other circumtances like banning the exchanger but, it will not last long because sooner or later whether we like it or not bitcoin will increase.

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Quote from: SHAWN-MIDWAYS on August 01, 2018, 09:41:44 AM

Bitcoin is volatile it should go down to increase its price you should not worry about it you
Have to buy more coins when the price falls. About the reason well there's any reason why bitcoin fall any negative impact can take bitcoin's price down.
False news, Selling coins in panic, or the banned of cryptocurrency countries

If we say we are not worried, it is probably a lie, we still have certain concerns but it is not something so big when this situation is frequent, many people always think this is due to news and panic of newcomers, this also has a reasonable and accurate part. However, behind the curtain of the story and bad news about bitcoin, we should think of the forces and the big groups in the back, they are the people in charge of this game, everything, from news to panic, they always embroider and weave everything to get to the final destination, which is money

chalkboard17

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Quote from: khimer_rangers on August 01, 2018, 10:03:31 AM

bad news about bitcoin greatly affects bitcoin prices, because many people panic and sell it.but it can be a whale game that will buy at the lowest price by making fake news news,and about restrictions in various countries it could drop the price of bitcoin.

The more the price drops, the more panic bitcoin users become, the more bitcoin they sell. It is like vicious circle which keeps making the price of bitcoin get lower and lower. I know it is distressing to lose your money because of the falling price but bitcoin has its ups and downs and sometimes the downtrend is just taking a bit long. I don't know for sure what has cause this tremendous drop in the price of bitcoin but I do think that our attitude toward bitcoin affects a lot. If we are negative and lose faith in bitcoin, it will eventually come to a halt. But if we believe in bitcoin and wait patiently, the price of it will gradually increase again. Bitcoin has gone a long way since its birthday now, it deserves a future better than this.

BILGPS

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In my opinion the price fall now is because of the greater supply than demand so the price is temporarily goes down and it is true that with a price fall the people hold their currencies for future while some people trade with skill so they make profit with it and i think that the present time is suitable for bitcoin because near future the price will rise.

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bad news about bitcoin greatly affects bitcoin prices, because many people panic and sell it.but it can be a whale game that will buy at the lowest price by making fake news news,and about restrictions in various countries it could drop the price of bitcoin.

SHAWN-MIDWAYS

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Bitcoin is volatile it should go down to increase its price you should not worry about it you
Have to buy more coins when the price falls. About the reason well there's any reason why bitcoin fall any negative impact can take bitcoin's price down.
False news, Selling coins in panic, or the banned of cryptocurrency countries

mkhadazz

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the possibility of bitcoin prices very quickly to fall may be because a lot of new traders are so easily affected by bad news that it makes them panic and the end of selling their coins at very cheap prices and making bitcoin prices to fall faster.

nealdlover

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Quote from: Athelstan Miller on March 19, 2018, 07:27:51 AM

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.

Yes, this is just a whale trap that frightens traders and sells everything. I'm used to it. I do not think the value of Bitcoin goes down because it is increasingly used in the world.
Big companies need Bitcoin and I feel this is a really big time for bitcoin. Please be patient and hold until its price increases to $ 15k.

deppil

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Quote from: Eigig on July 31, 2018, 04:18:41 PM

The price of bitcoin rapidly goes down ,this is the result of the bear market season, and the supply and demand of the market , if their are many dump of coins then the market will have a lot of supply and this will cause the value of coin to go down because of plenty of supply.

Bear trend is long gone. currently we will face a bull run and the price could rise above $8k and then today down. I think it will happen in a short time because too many people are selling and there is more supply. but prices will rise again in the near future

bennie4

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Quote from: Athelstan Miller on March 19, 2018, 07:27:51 AM

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.

You can see that the bitcoin price is falling due to the crowd effect, the bitcoin bubble is breaking, the bitcoin price from the vertical growth up to $ 20,000, then the current bitcoin price has continuously dropped. The market is bearish so I believe that at this point you should only speculate and should not invest long term in bitcoin. According to my analysis, bitcoin prices are likely to fall to $ 4,000 by the end of 2018.

Norihiro

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Price jumps up and down mostly because of various rumors and news around crypto and BTC itself. It's not always about real reasons, but about peoples beliefs and minds.

kolsernik

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prices are then reduced then increase and this is normal for crypto-currencies.As Vitalik Buterin (the founder of ethereum) said, cryptocurrencies will grow and fall in price for a long time.So that this fear need not.Affects the price I think the demand for cryptocurrency.than it is lower and therefore the price is lower.

Eigig

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The price of bitcoin rapidly goes down ,this is the result of the bear market season, and the supply and demand of the market , if their are many dump of coins then the market will have a lot of supply and this will cause the value of coin to go down because of plenty of supply.

anushkasachith888

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Crypto market now just want much good news. The market wants to go up but environment still not ready enough. I heard the Wallstreet avoids bitcoin price moving up. who knows really?

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Quote from: jenpot on July 31, 2018, 01:05:00 AM

The price of bitcoin going down because of banning crypto in social media, advertising a fake news about crypto thats why more people panic to sell out of thier holdings. But we see know price of bitcoin is going up to 8k and i believe market is started to recover again.

Banning of cryptocurrency in social media's is one of the reason why the price is dropping but i believe that fud or fake news is the most dominant way for the price to drop on the market.

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