Topic: Why the price of bitcoin rapidly going down - page 54. (Read 5942 times)
Actually from the point of view of technical analysis such fluctuations of Bitcoin are natural. Reasons can be different: whales manipulations, decisions of governments, rumors... I think that the reason of current correction is rumor around decision of SEC about does the Ethereum belong to a security or not.
This is the result of high volatility, moving prices can be very fast either when up or down. But, we all have to be prepared with all the risks that will befall when deciding to join bitcoin. I'm not surprised the price drops so fast because all the pristine crypto prices are controlled by its users especially the big holders.
Having other options should be plan properly as fluctuations really damaging your investment, make sure that we do have some other alternative plans or else we should keep holding, seeing the market falls is always part of the cycle, bitcoin might dropped after gainers sell their holdings, we must be prepared and take a deeper assessment in order to survive and also gain from this ride.I above any members does not confirm the reason for the dump in the market. Please can share the information if know what is reason behind this dump mate. Normally I do not come to this section. Since the price falls little today.
I came here to see the reason for this dump.
As I research on Coindesk news site, I see some huge number mining farms are being raided and caught without paying taxation.
This is the result of high volatility, moving prices can be very fast either when up or down. But, we all have to be prepared with all the risks that will befall when deciding to join bitcoin. I'm not surprised the price drops so fast because all the pristine crypto prices are controlled by its users especially the big holders.
Having other options should be plan properly as fluctuations really damaging your investment, make sure that we do have some other alternative plans or else we should keep holding, seeing the market falls is always part of the cycle, bitcoin might dropped after gainers sell their holdings, we must be prepared and take a deeper assessment in order to survive and also gain from this ride.
Keep an eye on the situation on the market, now is growing. I think that the fall of Bitcoin was staged, so that someone gives out actively purchased. And now you can grow it when the purse is full of riptovaljutoj.
The price of bitcoin is going down is common in the cryptomarket. Always the price would goes up and down. There are so many negative news is coming about bitcoin. Like many countries will going to ban cryptocurrency. This would affect the crypto market. Now there is small fluctuations only going on. Neither low not high, but it is in increasing mode. The market is now return to its back will.leads the bitcoin price will increase in future.
This is the result of high volatility, moving prices can be very fast either when up or down. But, we all have to be prepared with all the risks that will befall when deciding to join bitcoin. I'm not surprised the price drops so fast because all the pristine crypto prices are controlled by its users especially the big holders.
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. 
Why the price of bitcoin rapidly going down, there is several factor. when the demand is lower than supoly, the market will go down. The negative news also affects the bitcoin market. it is my opinion.
The bitcoin price drops rapidly, rising rapidly. Lots of bad news about bitcoin that causes decrease, so demand decreases. The bad news is gone, the demand is a lot, and the bitcoin price goes up again. Yesterday bitcoin went down but after the G20 statement bitcoin bounced back. And public confidence increased after the statement.
Bitcoin price always high movement and its very usual. Bitcoin price right now rising again and hopely this movement will continue until reach highes price again at $19k. Better have believe on bitcoin because its profitable if we hold it
That is true. BTC is a very volatile cryptocurrency. However, I believe that finally, the time when Bitcoin will grow has come: just wait a bit, people.
It is normal for now, the hype has gone down so the price is unstable and highly manipulated. So if you are trading, get Tether and wait until it goes stable.
That's about risk, if there will be negative outcome from such an international forum, it would affect the recognition of bitcoin thus rising risk for investors, as we don't want to take more risk and lose money, we sell it according to news.
Bitcoin is the digital currency. So it value will increase and decrease based on the investors. If the price of bitcoin reached any peak, the holder will sell their bitcoin and which impact the price reduce to low value. If the price of bitcoin is reduced, the investors start to inverse at low price. Due to increased in investor, the price will increase again.
Bitcoin is a crypto and sometimes it has moments, when it rapidly go up or down, so it's normal. But as we can see, when it go down, then grow 3x more than slow, what is really nice.
There may be some causes of this bitcoin down as there is a Negative issue related to bitcoin so bitcoin drops and every year and year of Lunar New Year always decline but bitcoin prices will definitely rise again by the end of this year as bitcoin prices always rise by the end of the year.
Of course it is temporary becouse the Volatility that bitcoin has, it cant just go up straight, but anyway it goes up still! 9600!
If we observe the graph of the market value of the bitcoin since last few weeks, then we’ll get to know that the market value of bitcoin is not going down. In fact, the market value of the bitcoin is constantly going up and that there are so many people who are investing more money into it. The ones who have invested their money into it needs to do only one thing and that is to hold all their coins.
I think the main point is governmental understanding of the advantages of BTC. So, they want to develop something new like BTC, but do not know to do this. They can only ban or try to regulate this sphere by strange legal solutions, which do not effect the nature of BTC, but this attemps decline the recent price level
Bitcoin has become one of the greatest investment assets in the world, but whenever bitcoin prices approach historial highs, every investor should...
The main reason why the price of bitcoin rapidly down its because the demand of the market goes low and the supply goes high and one of the contribution of bitcoin price rapidly down are the people who are panic selling their bitcoin.
Bitcoin has become one of the greatest investment assets in the world, but whenever bitcoin prices approach historial highs, every investor should...
The bitcoin price drops rapidly, rising rapidly. Lots of bad news about bitcoin that causes decrease, so demand decreases. The bad news is gone, the demand is a lot, and the bitcoin price goes up again. Yesterday bitcoin went down but after the G20 statement bitcoin bounced back. And public confidence increased after the statement.
Bitcoin price always high movement and its very usual. Bitcoin price right now rising again and hopely this movement will continue until reach highes price again at $19k. Better have believe on bitcoin because its profitable if we hold it
Of course it is temporary becouse the Volatility that bitcoin has, it cant just go up straight, but anyway it goes up still! 9600!
Are we still going to ask now, why is the price of bitcoin rapidly going up? This is market force at work here and sometimes our anxiety only helps to fuel the movement either for better or for worse. Every good and objective project will always have the market decide its price through demand and supply. And this is what happens, especially with bitcoin.
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