Topic: Why the price of bitcoin rapidly going down - page 34. (Read 5942 times)
In my opinion, bitcoin price is rapidly going down because people kept on doing panic selling due to the bad news they have heard. Another reason was a few people tend to leave bitcoin or now having doubt in involving in here so the chance of having a new investors are going down. It worries many of us but we can't do anything about it unless we keep on supporting and investing it even up until the end of its existence
You have a point on that mate. Well, being a dominant crypto currency there are a lot of obstacles that may encounter especially those misinformations regarding on its capability and usage. 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
Basically bitcoin graph are now going to down, but sometimes it goes up. So we don't need to get worried about this, it's just a part of circulations that really happened. The price of Bitcoin is stable and not so down rather it has entered into the normal market from a bullish market as the price last two months were low and touched the 6k dollar price and from that instant the demand showed a sudden increase
There are so many reasons for rapidly bitcoin going down. Many false news comes about bitcoin like bitcoin is going to ban. I think, Hereafter the price will not increase like this news make people get panic to hold bitcoin. Now people afraid to invest or hold the bitcoin. They are ready to sell their bitcoins and investors not ready to invest. Due to these reasons the supply of bitcoin is limited. This would make bitcoin price rapidly going down. And other reason
Banning the cryptocurrency in a particular country or place do really affect big on the market or on the certain cryptocurrency itself. There are lots of FUD and lots of false news spreading so other imvestors is afraid to lose up their money. Bitcoin is volatile so its given that it would rapidly go down or up, like what is happening now. 
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. 
For me the price or the value of bitcoin is going down is because a lot of holders is selling there bitcoin with lower price that's why the price of bitcoin is continue to go down but i am hoping next month the value of bitcoin will pump again. The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.
Still waiting with update on what's with LN right now but the current news that G20 seems to be positive is making the price of bitcoin now to be on green. And it's going to be positive and getting closer to $9,000 and if the whole week starts with a positive market then it can be the indication that bitcoin is now ready for its recovery in no time. Can't wait to see on how investors (big and small) will react when there are positive updates about LN and other news.Market is Volatile, anything happened at any given time, no one can predict what to become about Bitcoin for tomorrows trading. A lot indicators that affect the price value of Bitcoin in the market, the issue on Banned, Scammer, and the issue on Regulation by the government financial institution by its country as the Bitcoin transaction is visible in their market. The more pressing issue now is the News about Bitcoin on social media, print and even in the Broadcast. it affects the price value of Bitcoin whether good news or Bad news, market react unpredictably.
Yes that are the possible cause of bitcoin price gong down, the media, scammers, speculators that only desires the end of crypto currency , there are so many against it, they cannot bear the success of crypto that's why they are trying to end it, using media and other economical stuff to stop crypto on its way to the top, there are also some faithful ones who recognize crypto as a source of their living, also the makers of the platform itself is not affected by its issue.
The value of bitcoin is going down due to the news of google about banning cryptocurrency related ads and ICO. But not only that Twitter and instagram according to some articles are also making those actions. Though it is unverified information but it is making a stir on the market thus have played a role on the drop of bitcoins value. But thanks to the news on G20 that says they are going to tackle about the benefits of cryptocurrency, bitcoin has recovered its value and hopefully to climb up more.
Besides that, FUDers are grabbing this opportunity to spread more fake news(although google banning crypto ads is a fact). Panic sellers also contributes to the price's bearish trend. As a bitcoin user, I think it is only okay for me even if price of btc goes down today. It will just mean that we are weeding out the weak hands and market will become healthier, it will also be a good opportunity to rebuy after selling at the peak or near the peak.Agreed, There are so many speculators that making noises and fake news about bitcoin, it also have a negative effect in the environment of bitcoin, maybe they should stop doing that, Bitcoin will not end as well as crypto currency, The reason behind the price of bitcoin as of now, is that the panic sellers itself, they are making the market red, also the whales manipulators who are always been there since the beginning of crypto currency.
Exactly, panic selling of the holders has a negative effect on the market that cost its decreasing price, I think it is because of the media speculations about the death of crypto currency , It is making the market red, especially the panic sellers who are weak holders they have no guts in holding their funds and wait for its price to grow, they are only aiming for small profits that's why.
The value of bitcoin is going down due to the news of google about banning cryptocurrency related ads and ICO. But not only that Twitter and instagram according to some articles are also making those actions. Though it is unverified information but it is making a stir on the market thus have played a role on the drop of bitcoins value. But thanks to the news on G20 that says they are going to tackle about the benefits of cryptocurrency, bitcoin has recovered its value and hopefully to climb up more.
Their are many reason behind this rapid falling of bitcoin's price. Bitcoin is a volatile currency which is another reason behind this. Bitcoin is a decentralised currency which means it is not control by any central authority or person. So their a lot of disturbance seen in its production and supply. Irregularities in the mining of bitcoin is also a reason behind this. Many government sacred of bitcoin and ban it in their country. And this thing negatively affects its market prices. Altcoin popularity also affect indirectly in the price of bitcoin.
After going through peoples review on this matter, i keep seeing "its temporary" as if that's supposed to be a normal things. Bitcoin is meant to be self defensive of negative comments from the outside world. But its as if bitcoin is only exhibiting the selfishness and submissiveness. Crazy as it might sound bitcoin is now controlled but personalities and not buy the General public. If bitcoin were to be a person ill tell her that she is not manifesting her purpose.
i really don t the reason of that and it is getting a bit scared since important things are saying for bounty i started to be afraid but hope we just are going to gain and nothing to be afraid.
One of the reason why there's a sudden soar of Bitcoin price last year is the new investors who want's to try trading crypto currency. Problem is when they reached their goal, this new investors pulled out their investment showing a huge dump of coins in exchange sites. With this kind of practice, it realy scares those who are new in crypto trading specially those who doesn't have any idea about cryptos and how the price moved from the passed few years.
The price of bitcoin is reduced without any fundamental factors. Now the fall is due to the manipulation of large traders, but soon I think the growth will start again.
i think its because it went up so high to early last year.
This is going to be normal, bitcoin and other cryptos would experience rapid going down, but it will not forever, time will come that it would return to its greenish form of market, we do not worry it will not last long, so just keep on trusting bitcoin, because it will recover for such a time.
I think this bitcoin price reduction is caused by panic by many big investors in this forum, panic can happen because of the prohibition of bitcoin in some countries. But I still believe the future price will improve again. Because we know in this world there are still many countries that have not banned the bitcoin.
I hope this is temporary, something is working against the flow of the market, for example tehter was considered legit and btc fell more, probably the big whales who are bearish are stronger.
well bitcoin have suffer to many, in many bad new or event that making the price rapidly down and some strict from any goverment that make it even worsed, bitcoin will rising but it needs take a time,
although slowly but Bitcoin prices are now starting to rise and this is certainly a good signal for bitcoin growth in the future, and I'm optimistic if in the next few months bitcoin prices will return to reach $ 10K
I think Lighting Network is just some of the good news for bitcoin, but until now we have not gotten the latest about the light network. However, the lighting network only affects the temporary bitcoin price, after which the bitcoin price volatility will continue to exist.
Many things are down and rising bitcoin prices, this is a risk where the market is so dominated by speculation.
There are so many reasons for rapidly bitcoin going down. Many false news comes about bitcoin like bitcoin is going to ban. I think, Hereafter the price will not increase like this news make people get panic to hold bitcoin. Now people afraid to invest or hold the bitcoin. They are ready to sell their bitcoins and investors not ready to invest. Due to these reasons the supply of bitcoin is limited. This would make bitcoin price rapidly going down. And other reason
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.
The downfall is a temporary event came with bitcoins and this one happens due to some fuds scattered, the big one is the google banning the crypto ads which totally hurt the whole cryptocurrency ecosystem. But surely the price and the cap will recover soon and we will see the massive pump coming on future.
What is happening now is temporary, actually even the bitcoin will reach again a highest price it will be also a temporary, the most important is you know how to earn profit.
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