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Topic: Why the price of bitcoin rapidly going down - page 38. (Read 5942 times)

hero member
Activity: 1680
Merit: 535
Bitcoin- in bullish time
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 believe that news has a huge impact to the minds of different investors in the market and if they keep on reading negative speculations then it will just provoke them to sell their coins even more.
A lot of bad news are coming to bitcoin and i think that the people are really believing it plus the technical analysis of the traders that telling the public that the price of bitcoin will go down more and we are on a strong bearish market which is the reason for the price of bitcoin to fall rapidly but i think that everything has its end and this dump will come to its end and we will finally go up.
newbie
Activity: 107
Merit: 0
Bitcoin price is rapidly down due to the reason market is reacting to all the news which is creating panic among the investors we should think long term and hodl these coins
newbie
Activity: 140
Merit: 0
Hacking, rejection, and scam issues are badly linked to crypts that keep crypto prices down. market conditions are very bad to invest today. everyone sells their assets.
member
Activity: 308
Merit: 10
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
The downturn in the price is temporary I agree on that what I do not know is how temporary this is going to be, when people hear the word temporary they think that something will last just a few minutes or hours but when it comes to cryptocurrencies I think this bear market can last for years, I wish to be wrong but I cannot deny that is what I think, but it does not matter, at some point a new bull market will appear and all memories of this bear market will be left behind.
the bitcoin price is down in starting of 2018 because everyone sell their bitcoin in large amount but if they will hold their some of money in bitcoin so it will never down, so it is not mean that it will end rather it is actually mean that more people invest their money and that is why they will never face difficulties that its price is low so people cannot buy it, so it is the best time and everyone can buy bitcoin in this time because its price will again high and people will get best profit.
full member
Activity: 392
Merit: 100
ADABsSsSsSsSSSsS
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 believe that news has a huge impact to the minds of different investors in the market and if they keep on reading negative speculations then it will just provoke them to sell their coins even more.
legendary
Activity: 2534
Merit: 1338
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
The downturn in the price is temporary I agree on that what I do not know is how temporary this is going to be, when people hear the word temporary they think that something will last just a few minutes or hours but when it comes to cryptocurrencies I think this bear market can last for years, I wish to be wrong but I cannot deny that is what I think, but it does not matter, at some point a new bull market will appear and all memories of this bear market will be left behind.
hero member
Activity: 1078
Merit: 501
I think the decline in bitcoin prices due to the sale of profits already obtained by investors simultaneously so that large investors can buy bitcoin at a cheap price.
News across all news channels that cryptocurrency exchanges have been hacked in South Korea. That's why bitcoin is falling so fast!
No it is not true because people are saying the same about Philippines as well but I am sure it is just a fake news there is no reality in it, if it is true even then the price of bitcoin will not be get effected with it, most of time price use to get down for panic selling so more and more people are selling bitcoin at panic which is making price down officially as, selling more =price fall and buying more= high price and high demand.
full member
Activity: 448
Merit: 100
Lets Go Adab
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

The price in the market is depending on demand and supply so obviously, the reason why bitcoins is going down is due to people who prefer to sell their coins more than holding it today or there is a fud which is fake news that is spreading in other countries which changing the mind of every investors to sell their coins.
sr. member
Activity: 782
Merit: 258
Betking.io - Best Bitcoin Casino
I think the rapid dropping of price is due to some people that until now still selling their bitcoin in low price because they want to cut their losses due to continous fluctuation of the almost all cryptocurrency in the world market.

Yes and it's really disastrous, because we are destroying market and the price are rapidly going down...
full member
Activity: 518
Merit: 101
You can't expect the prices of Bitcoin to go up every time since the cryptocurrency market is highly volatile. It's true the market is in the bearish trend, and we have seen the worst bloodbath of cryptocurrencies this year, but this is not a permanent scenario.
member
Activity: 350
Merit: 11
yes it is clear because in this world there is no eternal, especially in the world of commerce or business, up is not always up and down does not always go down.
full member
Activity: 434
Merit: 101
There are so many reasons behind the price fall of bitcoin and if the bitcoin sell high in the world then the market is changed and if this happened in the world then the price will fall again and it is good to hold this currency.
full member
Activity: 658
Merit: 103
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
Lack of support and resistance is the main reason why the price of the bitcoin is continuing to decline. There are many investors who are withdrawing their money becuase of the fake news that are continuing to spread in the market.
member
Activity: 292
Merit: 11
I think the decline in bitcoin prices due to the sale of profits already obtained by investors simultaneously so that large investors can buy bitcoin at a cheap price.
News across all news channels that cryptocurrency exchanges have been hacked in South Korea. That's why bitcoin is falling so fast!
newbie
Activity: 140
Merit: 0
I think the decline in bitcoin prices due to the sale of profits already obtained by investors simultaneously so that large investors can buy bitcoin at a cheap price.
newbie
Activity: 76
Merit: 0
I think the rapid dropping of price is due to some people that until now still selling their bitcoin in low price because they want to cut their losses due to continous fluctuation of the almost all cryptocurrency in the world market.
full member
Activity: 361
Merit: 100
When ever the price of bitcoin is going down rapidly means there will be specific reasons behind it for such massive selling. The market  movement generally  based on the rumors. There will be negative and positive rumors in connection with the bitcoin. If there is any type of positive rumors to bitcoin there will be massive buying in the market and such negative rumors there will be massive selling in the market .We can see the price variations in the market accordingly.
member
Activity: 271
Merit: 10
Bitcoin price goes down rapidly because of low demand and the negativity of people around Bitcoin. People gives negative feedback about Bitcoin than can make others fdeling discourage. They just always saying bad things about Bitcoin and may be one of the reasom why Bitcoin is rapidly goes low.
member
Activity: 350
Merit: 12
falling and rising prices are normal in crypto because it is already characteristic of crypto, not to worry and panic because it's only temporary, bitcoin prices will soon recover and have a high price again, so be patient
sr. member
Activity: 987
Merit: 289
Blue0x.com
     The price of bitcoin is rapidly going down because of people panicking over their investments. I believe that they are afraid that they might lose their funds so they take out their investments before the price drops. But even with the fact, I believe that this is not a big problem because there are people who still know better plus all the whales that has plans and won't let bitcoins fall too low that it may cease to exist.
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