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Topic: Why the price of bitcoin rapidly going down - page 50. (Read 5923 times)

full member
Activity: 479
Merit: 100
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I have a lot of trust in the Lightning technology as it solves bitcoin's major problem of scalability. If it's adopted successfully, we can expect a huge boost for bitcoin's value.
hero member
Activity: 672
Merit: 500
Maybe a lot of people who panic bitcoin then sell it simultaneously and sell at cheap prices cheap.
The price of Bitcoin varies directly with demand that is why when demand increases then high market favors and when demand decreases then low market will favor. This is the sudden action and the price rapidly moves with the demand fluctuations because Bitcoin has not spread fully but in half of the world, this will make the price stable if half of the other people adopt Bitcoin as well.
sr. member
Activity: 1246
Merit: 261
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There are so many reasons for rapidly bitcoin going down. Many false news comes about bitcoin like bitcoin is going to ban. 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.
hero member
Activity: 1680
Merit: 535
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I think there are alot of answers already in this thread and in different threads too about the same topic so here goes. I think why crypto currencies' prixes dropped because when the price peaked people sold their coins and waits fornyhe market to crash to buy thensame amount of coin or more.
It is just not about the people that sold their bitcoin because it is more often about the news that is related to bitcoin because if there is a bad news then it will have a huge impact to the market of cryptocurrencies and instead of thinking of selling we should keep buying until we had enough bitcoins for long term investment.
jr. member
Activity: 149
Merit: 3
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

make the most of it! the market is getting down si if reach ti the bottom make sure yiu have money to buy coin because if it rise again you will earn big profit... yes, the situation is normal, it will rebounce the soonest..
jr. member
Activity: 154
Merit: 1
As you know, the crypto-currency market is unstable and very volatile, and we should be ready for such a decrease and use it in our inertia, buying crypto-currencies at favorable prices at this reduction.

Yes, the only stable on crypto market is the changes of coin's value because crypto coins are very volatile for any market changes and movement and that is because there are a lot of people around the world who engage in buying and selling bitcoin and that's the reason of why it is volatile, if the price is going then there are more dumping happen due to selling activity, so if there are lot of bitcoin dumped by the whales or the traders then its price abruptly down.
full member
Activity: 753
Merit: 100
As you know, the crypto-currency market is unstable and very volatile, and we should be ready for such a decrease and use it in our inertia, buying crypto-currencies at favorable prices at this reduction.
full member
Activity: 462
Merit: 100
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I think there are alot of answers already in this thread and in different threads too about the same topic so here goes. I think why crypto currencies' prixes dropped because when the price peaked people sold their coins and waits fornyhe market to crash to buy thensame amount of coin or more.
full member
Activity: 208
Merit: 100
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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 rapid downfall might be just a result of the continuous panic selling that is happening right now which do entirely contributes to the changes happening not just in the price of Bitcoin but also on the entire virtual market. If we will be taking up such actions to somehow prohibit or lessen the panic selling which contributes to the rapid downfall. I think that Bitcoin was really that temporary because there is no such thing that can lasts up forever but the price down we are experiencing now is also just that temporary so what we are suffering right now can put up into an end.
member
Activity: 238
Merit: 11
I would say that the drop is only temporary and bitcoin will continue to prosper especially that we have gone to digitalized era. It is in the nature of te value of bitcoin to drop once in a while due to its volatility and a good opportunity even to invest.
Do not panic sell your bitcoin earnings as it only contributes to the dump which drops the value even more, knowledge is a first in this field.
member
Activity: 364
Merit: 10
Due to price drop people get panic and they ready to sell their bitcoins. They are not ready to hold, and another reason is limited supply of bitcoin is circulated in the market. Once the price is very low people are ready to buy and when its expensive they are ready to sell. So if you are a bitcoin holder keep the bitcoin and hold it once the price goes high. The price of bitcoin will increase in future and multiple your investment.
legendary
Activity: 3276
Merit: 1352
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It is not going down. If you look closely at the charts, then you can easily see that the prices have remained stable within the $8,000 to $10,000 per coin range for the past two months. And they are likely to stay there until the end of this year.
newbie
Activity: 168
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

The value of of bitcoin changes from time to time.  There are a lot of reasons why it goes down.  But when investing on it,  always expect that there are times of down like this.  But gradually,  bitcoin will recover for sure and might double your investment.  Smiley
full member
Activity: 784
Merit: 123
It is just the way it is, cause not all the time we have in healthy market and not all the time also that people are keeping in holding. Some investors with huge holding amount of btc have taking a break and sell their coins in bulk, definitely it will be going down as they sell it in cheap. But it is not taking so long for that situation, it will gradually rise again.
hero member
Activity: 728
Merit: 502
More and more people are selling Bitcoin, And buyers are little then Bitcoin Price will be lowered so Bitcoin sells fast. The less buy, the more will decrease the price of Bitcoin ..!
Yes the price of Bitcoin goes down because of some negative ads and news against Bitcoin as some of them says Bitcoin is banned in few country or they are going to arrest them not to trade in Bitcoin blah blah.  All these are negative news against Bitcoin are intended to defame Bitcoin and drop its value. Online scams and advertisement about Bitcoin on Google and Facebook were banned by both the search engines. In some countries, the governments want to apply some rules and regulations or you can say tax on the Bitcoin earnings. As a result, fewer investors are attracted towards the business.
hero member
Activity: 714
Merit: 516
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because low demand
if demand low so buy wall is low too
and about bad news, ussualy after bad news all people panic sell
sr. member
Activity: 406
Merit: 251
the decline that occurs in the market is common, but after the decline of bitcoin can increase again, usually bitcoin decrease occurs when some people with the number of bitcoin that many sell it simultaneously because they already get a profit, at that time the decline will occur, but will there is a utilization of the price reduction to enter and buy some bitcoin and save it back until the price goes back up
newbie
Activity: 31
Merit: 0
Just a market manipulation before a big rise , nothing else.
member
Activity: 434
Merit: 10
When people think that bitcoin are too expensive, they start selling it. And everyone tries to sell it faster. As a consequence, there is a rapid drop in value.
sr. member
Activity: 619
Merit: 250
Because the people want to sell it. The price of bitcoin is determine by the people and if they want to sell a lot of bitcoin at the same time, bitcoin price will go down. However, no matter how bad bitcoin can be, it will always return and become even stronger then it was in the past
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