Topic: Why the price of bitcoin rapidly going down - page 30. (Read 5923 times)
Every time there's news about government restrictions on cryptocurrency, the value of Bitcoin coins down. When it climbs back up, more news will come out and push the price down again. This happens over and over again. Cryptocurrency is a threat to governments and financial institutions and there's no other way to control price, than by putting a scare into the general public about it. Soon, they'll grow more comfortable with crypto and will create more control for themselves, and will not need to keep scaring the public about it. That's when the price will become less volatile and settle in.
Because of the bad news that affect the price and make a person to do panic selling that can make the price down continuously. Sometimes whales control the price to going down and up .
Personally according to technical analysis I expect that Bitcoin wil correct now to 6,2K$, and increase till 7,8K$ by middle of september. After that it will fall down to 3K$. It may be because of manipulations, regulations by the goverenments and etc.
with a lot of ico popping up, btc is used for trade to alt coin also being one of the declining btc prices. btc used ico in withdraw to Fiat to finance their projet make the btc price increasingly weakened day. many users from countries that declare war on crypto currency make citizens in the country immediately withdraw their funds, possibly btc will strengthen that part of the mystery crypto currency.
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. 
In my own opinion, people starts selling their bitcoin when the price starts to fall down, that is why it continues to fall down. Also, there are nany countries started to banned bitcoin and there are some false news about it, causes bitcoin's price to decrease.
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 bitcoin prices have been dropping sharply since the $ 19800 mark, the market is continuously going down and the current bitcoin price has fallen to $ 6500. You can clearly see that bitcoin bubbles are starting to break and bitcoin prices are constantly falling. I believe that at this point the market will be able to continue falling and bitcoin prices will fall further in coming days. The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.
Yes of course this changes in price is not forever and it is only temporary... It is a normal situation in the market... Sometimes it will rie up and sometimes it fall down... We must expect always it to happen... But always remember that after the long time of downfall of price the nexrt of it is it will soar high... So be patient...
Its just a matter of time where bitcoin will slowly climb back again 2017 is just too phenomenal for bitcoin that it even reach a parabolic state rising up to $20,000 where as people are up for bitcoin because its too profitable even those who are not supporting the system joined the game not knowingly what will happen to the market after the price going wild this is just a huge correction for bitcoin and I believe it will rise up again and once again the world will be crazy.
Trading or investing in cryptocurrency is a psychological war against yourself. Bitcoin price is rapidly going down since the trend of market is volatile. We must expect that it will fluctuate. It will experience its downfall but I think it will rise again.
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.
That's because of Bitcoin holders panic selling their stock but this price getting slow is not permanent bitcoin price is bubble and sometimes it will become color green that's the big sign of a good development of price. this will take chances for a new investor to join in bitcoin industry.
because if all the time bitcoin is too much very high price no low class of living can afford to buy of stock that's why tis gonna be happen.
The price of bitcoin rapidly going down ,maybe there are a lot of supply of coins being dumped in the coin market, and it get bigger and bigger supply of coins , this will make the rapid fall down of price value in the market now , so for the holders of bitcoin ,just be patient and hold your bitcoin as possible to stop the downfall of the market now
My personal take on this rapid downtrend of Bitcoin's value is due to all the rumors we keep on hearing regarding it, like "Bitcoin is dead"; "the bitcoin bubble is about to burst"; "the end is near, sell your coins"; "Bitcoin is banned all over the world" and all the others. This is killing the people's interest on Bitcoin, giving a lot of fear and doubts to potential investors even to the people who are already in the game, so once the fear, uncertainties and doubts sink in, more often than not, they will do panic selling which is not going to help anyone at all.
Agree with your great perspective, in addition with the current economic crisis in each countries it greatly affect bitcoin price also to rapidly going down, because great investors are not really investing on it due to lots of supply and low in demand that results to non profitable investment at all. But this is normal of cryptocurrencies invironment that sometimes fall but it will recover in the end.
because of manipulations. the ones that could cash out when the bitcoin price was around 20k usd have enough power to make pressure on bitcoin price. they keep pressure on it till they collect enough amount of coins.
The reasons I suspect affect bitcoin pricing are doubts like that
Was the US government agency extending the recent cyber-manipulation investigation?
Or did the attack on Korea's Coinrail drive the downward electronic money market?
Was the US government agency extending the recent cyber-manipulation investigation?
Or did the attack on Korea's Coinrail drive the downward electronic money market?
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.
Yes of course this changes in price is not forever and it is only temporary... It is a normal situation in the market... Sometimes it will rie up and sometimes it fall down... We must expect always it to happen... But always remember that after the long time of downfall of price the nexrt of it is it will soar high... So be patient...
Fluctuation on bitcoin price is very normal. Price fluctuation in crypto very high maybe crypto market still unregulated market and peoples easy to be panic when they reading negative news. Panic and selling our coin at lower price is not an option if we want to make profits in this market.
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.
Yes of course this changes in price is not forever and it is only temporary... It is a normal situation in the market... Sometimes it will rie up and sometimes it fall down... We must expect always it to happen... But always remember that after the long time of downfall of price the nexrt of it is it will soar high... So be patient...
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.
Yes of course this changes in price is not forever and it is only temporary... It is a normal situation in the market... Sometimes it will rie up and sometimes it fall down... We must expect always it to happen... But always remember that after the long time of downfall of price the nexrt of it is it will soar high... So be patient...
because so many people want to take advantage of bitcoin prices some time ago so they sell bitcoin they have, this makes bitcoin prices to go down because of the number of sales exceeds the number of purchases, and this also trigger a domino effect to make some ordinary people do sell panic
Several reasons are pointing towards the downfalls of the Bitcoin which has brought the value at this stage. These drops caused due to the less interest towards the market these days and in the previous days means that its demand rate has reduced due to which these downfalls are occurring. But we know that the market has suffered from same situations many times in the past and the only major factor controlling the price is its demand rate after its increase the value will increase.
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.
Yes I do agree. Change is inevitable and just like any other investments, bitcoin experienced rise and fall. Still, prices after all will surely pump up again and only smart investors can get the point.
Bitcoin rose too much in 2017, up about 20 times. It is abnormal for financial markets to rise 20 times. It needs to fall to stabilize the market.
maybe now bitcoin in stabilization or consolidation stage.fews days ago bitcoin rise again after good news come from coinbase about custodian account for institutional.we hope by this news it can make cryptomarket passionate again. Jump to: