Topic: Why the price of bitcoin rapidly going down - page 23. (Read 5939 times)
Bitcoin is gaining momentum and in other end losing it value at the same time due to fud news and panic selling
The price rises and falls rapidly because Bitcoin is essentially not used for anything except speculation. Just as everyone one was piling in last year to speculate on the price rise, so are people now piling out speculating on the price fall. At least if Bitcoin had a general baseline utility, it would be much more stable, but everyone is just chasing gains and hoping to get rich by trading it. That's a horrible attribute for an asset you want to have long term stability.
I think everything happens now has a reason bitcoin has always had a fud news and the investor was looking of it just hodl your bitcoin and wait for the comeback of it.
Well it is normal that the price of bitcoin is rapidly going down sometimes and i think the real reason is when some holder is selling there bitcoin with a low price but even the value of bitcoin will go down it will still rise very high on the right time. 
It is not going down. If you look closely at the charts, then you can easily see that the prices have remained stable within the $8,000 to $10,000 per coin range for the past two months. And they are likely to stay there until the end of this year.
People sometimes don't know the truth and don't have the knowledge to see it. If you want to speak about something you must know it about 99%.
I think people over emphasize supply and demand these days as it relates to Bitcoin. Supply and demand for legitimate usage is far different than supply and demand for speculative purposes. There is a far greater number of people who buy Bitcoin only because they are trying to get rich off it as compared to the number of people who buy it to use it for any commercial purpose. Supply and demand for trading purposes is easily manipulable and subject to sudden spikes in order to manipulate the price in an effort to create volatility, which is what traders profit on. Demand for commerce is rather slow-moving and not subject to wild swings.
Yes it is only temporary that we have seen today that the price of bitcoin has risen rapidly and is no longer acceptable. Certainly at the end of the month the august will increase further until December. So let's just hold it and we're ready for $ 20,000 or higher in the next few months.
A lot of old investors are always saying this, that the price is temporary and it will rise again in the last quarter of the year. I am still patient and still holding some of my coins hoping to get good income soon.
Yes it is only temporary that we have seen today that the price of bitcoin has risen rapidly and is no longer acceptable. Certainly at the end of the month the august will increase further until December. So let's just hold it and we're ready for $ 20,000 or higher in the next few months.
To reach 20k I think this is very hard at times when the market is quite bleak. In recent days the market is showing signs of increasing but not much. But I very much hope that you accurately predict. 
Yes it is only temporary that we have seen today that the price of bitcoin has risen rapidly and is no longer acceptable. Certainly at the end of the month the august will increase further until December. So let's just hold it and we're ready for $ 20,000 or higher in the next few months.
the decline in bitcoin values occur due to negative news circulating in the community when the news is not necessarily the truth so that people doubt and lost confidence in bitcoin so that the demand for bitcoin became declining.
I think everything happens now has a reason bitcoin has always had a fud news and the investor was looking of it just hodl your bitcoin and wait for the comeback of it.
There are quite a number of people predicting that the crypto market is pending a decision from the SEC. That is the main reason why many investors are stopping buying BTC again and that is the reason why the BTC price drop.
Price of BTC is always affected by different thing and sometimes there's nothing to do with that. Sometimes we experience rapid changes of course but actually BTC is very stable in comparison with other crypto.
Bitcoin becomes cheaper until the number of those who want to buy it will not exceed the number of those willing to sell it. Most likely, it will take several months for random people to leave the market. Growth will begin only after stagnation. On how much the course will fall, by 20 percent or 70, depends on the specific case, but bitcoin never collapses to zero. Yes, the rate is inflated due to speculative activity with the cryptocurrency on the exchanges, which gives grounds to some experts to call the cryptocurrency a bubble.
It is not going down. If you look closely at the charts, then you can easily see that the prices have remained stable within the $8,000 to $10,000 per coin range for the past two months. And they are likely to stay there until the end of this year.
People sometimes don't know the truth and don't have the knowledge to see it. If you want to speak about something you must know it about 99%.
I think people over emphasize supply and demand these days as it relates to Bitcoin. Supply and demand for legitimate usage is far different than supply and demand for speculative purposes. There is a far greater number of people who buy Bitcoin only because they are trying to get rich off it as compared to the number of people who buy it to use it for any commercial purpose. Supply and demand for trading purposes is easily manipulable and subject to sudden spikes in order to manipulate the price in an effort to create volatility, which is what traders profit on. Demand for commerce is rather slow-moving and not subject to wild swings.
It's naturally happen that people are selling their bitcoins for wanting a profit. That could be due to the trend to follow people who sell their bitcoin massively called as panic sell that can keep bitcoin prices down.
It is not going down. If you look closely at the charts, then you can easily see that the prices have remained stable within the $8,000 to $10,000 per coin range for the past two months. And they are likely to stay there until the end of this year.
People sometimes don't know the truth and don't have the knowledge to see it. If you want to speak about something you must know it about 99%.
At this moment bitcoin price slightly increasing and this is a good sign. I think the red market already finished and now it turns into a green light that give hope and future for every bitcoin believer.
People sell BTC especially seeing others also selling their BTC and you can find that one out when market price for bitcoin relatively within just hours or days the market price fall. So if you are holding and had some profit already on it selling BTC would be ideal before market price for it fall down for more. We do not have any choice even if we love to see BTC to go high yet the investors are selling it already. So if you are just planning to for a short time holding then better always check bitcoin market price movement at coinmarketcap.com for it.
I wouldn't say rapidly going down, everything that goes up must come down as a normal practice of law. But in this case it sometimes retraces due to a heavy spike, in my opinion.
I think bitcoin investment is a coin business and profit and loss is the part of business. Therefore it is not good to sell your bitcoin if the price down because the next day it will rise again and you will recover your deficits. Just be patient and cool to wait for some more time. Bad thinking and falls statement about bitcoin future are the reasons for fall in the price.
I think it is because of cryptocurrency whales. They manipulate the price of bitcoin thats why its rapidly down now. The real world is to give you have money real estate. The best for me to buy it is a new wallet and technology. The problem is the world of our government and I lean on your time to upgrade the world so they use it
Crytocurrency whales make up only a fraction. In my opinion, bitcoin prices fell sharply as capital was shifted to another sector. Maybe capital has shifted to the stock market, some individuals take profits from real estate investments, or buy cars, vv After such a rapid fall, bitcoin started to rise again. Over the past day, litecoin viruses are almost 2%. This is a good sign. I think that soon the bitcoin course should stabilize. Now is the time to buy cryptocurrency.
Yes, the price of bitcoin goes down fast and vice versa it goes fast too. I hope it returns to its peak value of $ 19k8, people should buy bitcoin right now before it grows strong Jump to: