Pages:
Author

Topic: Why the price of bitcoin rapidly going down - page 37. (Read 5939 times)

newbie
Activity: 91
Merit: 0
probably because there are so few investors that bitcoin prices are falling quickly. which is caused by a lot of news about the bitcoin ban.
sr. member
Activity: 779
Merit: 250
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

What i read the most about cryptocurrency speculation in this forum is, there are fud that is spreading in other countries about bitcoins and people are preferring to sell their coins more than holding it due to panicking.
newbie
Activity: 9
Merit: 0
Hello everybody! I want to tell my story ...
It all started with the fact that bitcoin caught a wave of HYIP. There was money for starting a business consulted with those who understood this and I decided to invest all money in bitcoins. And after that my whole life has changed) I earned a lot of money, I realized my plans in business and a lot of money left! thanks bitcoins   Cool Cool Cool
newbie
Activity: 89
Merit: 0
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

Yes I think some people think and argue about why bitcoin prices go down, it's because panicked salespeople, let's consider such opinions, but all the ideas here are just a form of speculation and nothing can provide an accurate situation. I think this is just a market correction. The bitcoin will rise soon.
copper member
Activity: 1386
Merit: 1000
You should be aware that the price of the bitcoin is base on supply and demand on the cryptocurrency market. The price of the bitcoin is continuing to decline because the demand is decreasing.

Its not because demand is decreasing, you all aware of how a news can effect the crypto market, same happened to bitcoin, due to some negative news and ban on bitcoin and cryptocurrencies in different countries like India negatively effect the value of bitcoin.  Also the news that, U.S. Department of Justice has launched a criminal probe about bitcoin price manipulation is the major driver behind this price decrease.  
newbie
Activity: 50
Merit: 0
Bitcoin is the major crypto currency and its market is found volatile Bitcoin is suitable for the day trading.Mostly the new bie's are investing to bitcoin at the peak market which is totally unsuitable for the investment. Whenever the market is subject to the correction the price will be going down mean time the new bie's who has entered to the market at peak level were in panic and selling  bitcoin untimely and booking lose that situation the market will be going down rapidly.





I think Although it is unverified information but it is making a stir in the marketplace so it has played a role on the decline in bitcoin value. But thanks to the G20 news saying that they will discuss about the benefits of cryptocurrency, bitcoin has restored its value and hopefully can rise more.
The bitcoin value will drop because of news from google about banning ads related to cryptocurrency and ICO. But not only that Twitter and instagram according to some articles also make those actions.
jr. member
Activity: 252
Merit: 4
Many problems occur in the crypto market. such as the news of bitcoin theft that took place in the famous exchange place in crypto made bitcoin prices decreased. it is very harmful to everyone.
full member
Activity: 448
Merit: 100
the price of bitcoin declines dramatically perhaps because there are so many negative issues about bitcoin, all coins are now down all not just bitcoin, just wait for the market price to go up if you want to invest.
jr. member
Activity: 154
Merit: 1
Bitcoin always fell and successfully rose from his knees. Therefore be patient, bitcoin will grow again.  Wink




I think Much more impact is the momentum traders and speculators who pile in and out trying to make more money.
Prices go up and down quickly because Bitcoin is basically not used for anything but speculation. If it has a common basic utility, it will be much more stable, but everyone is just chasing profits and hoping to get rich with that trade. That does not mean it can not be useful for certain apps or nobody is using it for trade or commerce, but they are so far in the minority that these cases are rather insignificant in terms of what determines the price at a given moment.
sr. member
Activity: 896
Merit: 253
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

We all have common answers here, we do have the same thoughts and that is because of FUD news. A lot of FUD news everywhere which lead for weak hands to panic sell their portfolio including all their alternative coins because of lost of trust because of some news they heard to a BIAS mainstream media, but we are not generalizing every media. Bitcoin is real and is decentralized, which means no one ever controls it or manipulate it. If you really believe in bitcoin, never sell immediately, have trust to what you invested.
legendary
Activity: 2016
Merit: 1107
the recent drop of 500$ or more to the 6000-6100$ levels is contributed
to Japan tightening the rules and regulations for the exchanges yet again
can read about it,for example,here :  https://www.reuters.com/article/uk-crypto-currency-bitcoin/bitcoin-falls-to-four-month-low-in-persistent-bearish-trend-idUSKBN1JI2MY
but this looks more and more like the market is being manipulated,or it really is too saturated and there are no more big buyers who believe in the price rise
and who are willing to invest big amounts of money,the smaller players just cannot buy enough to stop the price falling down more and more
if we break the 6000$ mark,there could be 5000 and lower figures very soon
newbie
Activity: 26
Merit: 0
It's simply because most people are dummies who only want to (ab)use cryptos as a way to get rich fast. I bet that there's not one casino and sports gambler out there who isn't already heavily "gambling" with cryptos. People like that can't wait 3, 4 or 5 years to make a profit. They want a quick fix.

And let's not forget about all the little kids who scream "Lambo" everywhere they show up. Most of them don't even know where they have their pocket money invested in.
full member
Activity: 651
Merit: 103
You should be aware that the price of the bitcoin is base on supply and demand on the cryptocurrency market. The price of the bitcoin is continuing to decline because the demand is decreasing.
member
Activity: 280
Merit: 11
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
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.
Positive signals from the meeting of bankers g20 can really have a positive effect. The price will go up to $ 9,000, but what's next? For me there is no difference between 8K and 9K. Both of these numbers are very small to measure the value of bitcoin. I'm waiting on 15K-20K. For me, only such figures will mean the recovery of the market.
Small recovery or big recovery, there's no difference with it because it's still the same as the word itself. Being positive with the small recovery is good for someone who keeps on worrying about the plummeting of bitcoin. Keep that hope for sure we will be back on that price once bitcoin is skyrocketing and the price can go further rapidly as an opposite impact of the last dip that made the price rapidly go down.

 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.
full member
Activity: 386
Merit: 100
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
LOL… are you still talking about Lightening Network for like two years or so, but we haven’t seen any sign of it. If you have, then I have not. Or maybe it is not or everybody, maybe it was only introduced in some locations and not everywhere. As for the price that is going down, many has claimed that it will be due to correction but I don’t believe so😑 man this is a normal thing that happens the rate of demand for a stock/asset starts to decline. So let’s accept it, the price will go up but we don’t know when.
sr. member
Activity: 952
Merit: 274
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
If we will analyze and observe the chart of the bitcoin, we can say that the price is continuing to decline! I think the reason why it is continuing to go down is because of the whales. They keep manipulating the cryptocurrency market.
jr. member
Activity: 313
Merit: 1
Fake or negative news involving the bitcoin is a one big reason of rapidly price down in the market. Because,some negative news can lead to many investors to panic,and sell their bitcoins immediately,fearing to lose it all,and that's the effects.
newbie
Activity: 140
Merit: 0
Bitcoin digital currency and its dignity are always equal. Of the price of increasingly down to have, but this price temporary. I think for many of the price of increasingly down its in a short time investment by the early their coins sale by the bitcoin price gradually down.
newbie
Activity: 51
Merit: 0
The value of bitcoin has seen significant losses over the last week, following a period of relative stability. Last week, a hack on a major South Korean exchange, as well as a new study suggesting it's 2017 highs were artificially inflated.

Personally don't feel like this is longterm, merely the market correcting based on actual demand - people always find some sort of news piece to link each and every market dip.

full member
Activity: 378
Merit: 100
I LOVE ADABS
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

I read different news about cryptocurrency today and there are a lot of fud that is spreading even here in this forum and traders are reading the news, some of them are not patient enough to wait because they are panicking which leads them to sell their coins in the lowest price that makes the market to dump even more.
Pages:
Jump to: