Topic: Why the price of bitcoin rapidly going down - page 4. (Read 5939 times)
maybe it will be temporary or even the price can go down very far, as we know for now crypto is not stable and tends to go down probably because some countries are starting to block crypto as a medium of exchange in their country. causing people to start believing less and prices tend to fall. but I believe one day prices 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. 
I think the bitcoin price rapidly going down because of the new currency and also the demand of bitcoin continuously decreasing. I think one of the problem of bitcoin is lack of new investors so it may affect the bitcoin price. Some bitcoin user switch in the new currency because they think that the bitcoin fall.
The price of bitcoin rapidly going down the main reason is ETF approval this Etf approval news is killing the market profits we should understand in the bear market every news efforts us a lot
I think that it may be the game of whales, because I don't see many obvious reasons for BTC to fall currently. Market is likely to start restoring now.
I myself do not know the cause of the price of bitcoin dropped dramatically, in my opinion the current price is very good to buy bitcoin and save it for a while while waiting for prices to rise again, the price is now only temporary and I am sure the price of bitcoin will recover
Bitcoin prices that go down are things that will always happen and that is only temporary because the price of bitcoin will definitely change again and will soon recover and rise again, so be patient
In my personal opinion, Bitcoin goes down fast because it has been exploited. Actual value of Bitcoin will not reach 20k $ per coin at the end of 2017. It takes a very long time to prove its usefulness to the world so the price of Bitcoin is currently the price. Its real. no surprises
There are many factors that affects bitcoin’s price downfall. And one of this factors is due to crypto user’s/investor’s panic selling. Panic selling has no good to offer. This kind of situation just contibutes a lot to the rapidly going down of bitcoin’s price.
we can see how much the price has increased. In particular, at the end of 2017. But the prices are very low in early 2018. but this is just a temporary because there is a lot of good news and improvements are coming. so there is nothing to fear about it.
In my personal opinion, Bitcoin goes down fast because it has been exploited. Actual value of Bitcoin will not reach 20k $ per coin at the end of 2017. It takes a very long time to prove its usefulness to the world so the price of Bitcoin is currently the price. Its real. no surprises
There are many factors that affects bitcoin’s price downfall. And one of this factors is due to crypto user’s/investor’s panic selling. Panic selling has no good to offer. This kind of situation just contibutes a lot to the rapidly going down of bitcoin’s price.
I hope this is a temporary one, I think it's just a game of popes to get more profits by making the market panic, the value of BTC continues to fall, it makes a little fear in investors, especially novice investors, and they start selling their BTC without consideration, it might be triggering prices that are not rising at the moment, this is indeed a bad time, the toughest test for investors hopefully by the end of the year will be the end of our waiting, and the market will improve again
Trading or investing in cryptocurrency is a psychological war against yourself. Stock traders often say that investing in traditional markets requires extreme mental discipline. That discipline is how they control themselves when the market is volatile. How they stop from making stupid decisions, and keep on track with their strategy.I’ve been in this space for a few years now. I started off as a investor but fell deeper down the rabbit hole. I work with an accelerator helping token sales, and recently joined the team of a project I fell in love with. I like to think this gives me a comprehensive understanding of fundamentals at play.What this understanding of the players involved in this market has given me is..Well, the knowledge that this market is almost completely sentiment driven. Which means it doesn’t always make sense. Crypto has more retail investors than any other market. You can see this if you look at the Bitcoin price chart next to a chart of Google search trends for the word “Bitcoin”. The charts are pretty similar, it would seem, The more people that google Bitcoin, the higher the price goes.Bitcoin Price Over 12 Months
Bitcoin is an electronic currency. law of demand and supply also affect the movement of cryptocurrency in the market. when demand is much more lower than supply the currency will fall. I believe strongly that if more people and countries legally adopt the cryptocurrency the price will come up again.
by ever touching $ 15k bitcoin it should be a very reasonable correction we need correction to raise the price of bitcoin which is even higher
The price of Bitcoin is subject to the basic laws of the market, one of which is the down trend after a strong upward movement.
As I see on the chart, the price of Bitcoin is gradually coming back.there are a lot of good news and improvements right now, so we shouldn't panic. Maybe at the end of this year.
I think this is a natural thing, up and down. It's just a temporary trait, although I'm new, but I know a bit about this issue, So I think the bitcoin price factor down is what I see if the supply is bigger than the demand, then the price will drop until demand is greater than the supply.
The price of bitcoin is determined by all people who have bitcoin (regardless of number). I think bitcoin prices are down because many people are selling bitcoin, the price will move down (because supply / supply increases). I hope that someday the price of bitcoin will grow up with demand.
This is because the Bitcoin and Altcoin holders are easy to believed to FUD making them to panic of selling their Cryptos. Actually, the big whales will trigger the selling together with the FUD news and making the people to panic that if the price successfully down then the big whales will buy it again. I just hope that soon, many will learn about this strategy of market manipulation in which ETF is our only hope.
You are right, this is because of the weak hands that always believes fud without knowing and searching that this is only a strategy to manipulate cryto price.
Market makers create FUD in order for them to buy at low price then sell at high price. I think bitcoin going down because of the continuous uptrend of 2017. And this down is only a correction and partly a manipulation of those people who have plenty bitcoin. Its been 9months of downtrend for whole cryptocurrency but I see a glimpse of hope for the next 3 months because of what happen last year. Approve or disapprove of BTC etf? Bitcoin will still survive.
This is because the Bitcoin and Altcoin holders are easy to believed to FUD making them to panic of selling their Cryptos. Actually, the big whales will trigger the selling together with the FUD news and making the people to panic that if the price successfully down then the big whales will buy it again. I just hope that soon, many will learn about this strategy of market manipulation in which ETF is our only hope.
You are right, this is because of the weak hands that always believes fud without knowing and searching that this is only a strategy to manipulate cryto price.
This is because the Bitcoin and Altcoin holders are easy to believed to FUD making them to panic of selling their Cryptos. Actually, the big whales will trigger the selling together with the FUD news and making the people to panic that if the price successfully down then the big whales will buy it again. I just hope that soon, many will learn about this strategy of market manipulation in which ETF is our only hope.
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