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Topic: Why the price of bitcoin rapidly going down - page 6. (Read 5939 times)

newbie
Activity: 69
Merit: 0
September 12, 2018, 02:46:31 AM
Just as everyone one was piling in last year to speculate on the price rise, so are people now piling out speculating on the price fall. At least if Bitcoin had a general baseline utility, it would be much more stable, but everyone is just chasing gains and hoping to get rich by trading it. That's a horrible attribute for an asset you want to have long term stability.
newbie
Activity: 33
Merit: 0
September 07, 2018, 10:58:24 PM
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
Some people are now doubting bitcoin, by that bitcoin holder now trying to sell their bitcoin which is one of the reason why the price drops. Panic seller i think is one of the cause of it.
jr. member
Activity: 144
Merit: 1
September 07, 2018, 10:42:18 PM
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 think it is just normal for the price of crypto currency to go down to its deepest and suddenly rise to its highest also. This is its characteristics and all we need to do is to adjust ourselves to fit in its nature.
newbie
Activity: 28
Merit: 0
September 07, 2018, 10:35:10 PM
The motivation behind why it's quickly going down is a direct result of free market activity, and the absence of learning of individuals who somehow disperse insignificant issues about Bitcoin. We can't control counterfeit news and the media to convey different news against bitcoin yet we can be a media to ourselves to advance bitcoin and change the mentality of the general population of how significant Bitcoin is and how openings can be taken to give quality living. Also everything has its end and this dump will arrive at its end and we will finally go up.
sr. member
Activity: 770
Merit: 253
September 07, 2018, 03:32:51 PM
I think it is mostly the influence of negative news regarding crypto and of influencers and whales moves in this market. 
It is going down in many cases, and one of the biggest factor why it goes down is because we as the people are really in panic when the price of it is going down that is why it continues to go down which we should not be so that we can enjoy everything that we do have right now and we will benefit it in the next few months.
full member
Activity: 319
Merit: 100
September 07, 2018, 02:44:12 PM
I think it is mostly the influence of negative news regarding crypto and of influencers and whales moves in this market. 
newbie
Activity: 23
Merit: 0
September 07, 2018, 04:28:42 AM
Long experience the bitcoin and its poise. Off base, bitcoin dont need to substantiate itself regarding its spikes and climbs which are certain shot over the long haul. We dont need to fear about it since it is the thing that makes up our bitcoin : Most unpredictable money, Decentralized in nature, Publicly acknowledged and demotivated by the administration, businesses willing to acknowledge, tenets and controls willing to boycott! You never comprehend what shocks bitcoin needs to find in its way which influences its costs extremely. So im almost certain that everything is transitory here and we simply need to give it time. what's more that, FUDers are snatching this chance to spread more phony news(although google prohibiting crypto promotions is a reality). Frenzy venders likewise adds to the value's bearish pattern. As a bitcoin client, I think it is alright for me regardless of whether cost of btc goes down today. It will simply imply that we are getting rid of the feeble hands and market will end up more advantageous, it will likewise be a decent chance to rebuy in the wake of offering at the pinnacle or close to the pinnacle.
newbie
Activity: 63
Merit: 0
September 07, 2018, 04:12:26 AM
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

Yeah, this is just a temporary becase for sure a lot of good news and improvements are coming so for me stop panicking. Its green day, and I hope this is a the beginning of a new all time high in the making.

Panicking is just normal if you are a new traders because there are a lot of people today who tends to sell their coins based on their emotions since they did not know how the volatility of the market works.
The price of bitcoin depends on a number of factors.The demand and supply forces play an important role in determining the prices.When demand rises the price also rises.But now a days demand is less so prices are down.Another reason is that how much investment is done in bitcoin.Some countries have also banned bitcoin and so this has also lead to downfall of the price.Bitcoin is very volatile but people have faith in it that is why it is the leading cryptocurrency.
That's a good explanation on how the price is rapidly going down, But I think we must focus n how to recover the price of it or the money that we lost in the process of changing its price , Instead on focusing on the problem, Why not we focus on the solutions, So that the user and the investors of the coin will come up with the better idea on how to cover their profit and when will be the price of the bitcoin will recover, It is also a good opportunity for the investors they must purchase more bitcoins and Hodl it.
newbie
Activity: 8
Merit: 0
September 07, 2018, 03:17:57 AM
For my own understanding the reason why cryptocurrencies rapidly going down is because of several reasons. First there are other countries that are afraid of getting corrupted by it because as soon as it becomes epedemic I think no ones gonna stop it. Second is that there are other virtual currencies having competition to each other that results for it to go down, probably there are things to consider if your investing to a virtual currency that prevents others from getting it because of the trends and I think its probably the reason why its happening, however its not that easy to break since its going epedemic.
legendary
Activity: 2492
Merit: 1001
Leading Crypto Sports Betting & Casino Platform
September 07, 2018, 03:01:35 AM
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
This is not a temporary, this is actually the official Bitcoin price. Although the Blockchain technology is highly valued, Bitcoin is a money laundering tool. It takes a very long time to recover. We need to keep patience to receive great profits in the future.

In crypto world patience is really needed, because we are waiting for so long before bull run will happen again and we don't do anything if the market can't recover for now. Just wait until it is recover.
you are right. we don't know when there is an FUD that can cause the price of bitcoin to drop, so being patient is an important factor that can make you successful in crypto, even in other places. well, for now there are many FUDs about bitcoin, so prices are still difficult to rise.
full member
Activity: 386
Merit: 100
September 07, 2018, 02:54:13 AM
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
This is not a temporary, this is actually the official Bitcoin price. Although the Blockchain technology is highly valued, Bitcoin is a money laundering tool. It takes a very long time to recover. We need to keep patience to receive great profits in the future.

In crypto world patience is really needed, because we are waiting for so long before bull run will happen again and we don't do anything if the market can't recover for now. Just wait until it is recover.
newbie
Activity: 20
Merit: 0
September 07, 2018, 02:26:44 AM
bitcoin is incredibly robust and secure. it is definitely not overvalued just because there are faster currencies. there will always be a place for BTC in this market.
member
Activity: 308
Merit: 10
AMA BCT
September 07, 2018, 02:18:55 AM
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
This is not a temporary, this is actually the official Bitcoin price. Although the Blockchain technology is highly valued, Bitcoin is a money laundering tool. It takes a very long time to recover. We need to keep patience to receive great profits in the future.
newbie
Activity: 53
Merit: 0
September 07, 2018, 02:12:21 AM
Maybe that 1 billion wallet is offloading some of his bitcoins.

Also read it has to do without Goldman Sachs
member
Activity: 350
Merit: 10
September 07, 2018, 02:09:12 AM
Now that investors have withdrawn capital from the market quite a lot, they do not trust e-money, which has made altcoin prices not only very cool down in the beginning of this year.

everyone has their own opinion about the value of bitcoin has dropped quite dramatically for now, but I am sure not because there is no investor trust in digital currencies, but in my opinion this is the crypto market whose prices are unpredictable
full member
Activity: 378
Merit: 100
September 07, 2018, 01:10:11 AM
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, Bitcoin is temporary. Bitcoin prices are going down fast because there are so many rumors about recent Bitcoin being heard. France and South Korea banned Bitcoin As a result, other countries are afraid of bitcoin. As a result, Bitcoin prices are much lower in the current market. Which is $ 8K below. Which is a bit disappointing for Bitcoin users. Moreover, Bitcoin is a currency. It is normal to increase the price of bitcoin. If we look at the record of 2017, we can understand how much the price has increased. In particular, in the end of 2017. But the prices are very low in early 2018. Some people think that the prices of other types of currency are increasing. It may be said that everything is going to be reduced bitcoin. But very soon the bitcoin will become valuable.

Market fluctuations is just a normal thing that happens to cryptocurrency specifically the bitcoin. One of the factors that contributes to the price dump is the panic selling. When the price is low many users/investors tend to sell their coins too which could just worsen the current market situation. They’re not thing thinking that it could just make the price lower.
sr. member
Activity: 972
Merit: 255
Bear season or just the beginning
September 06, 2018, 11:28:20 PM
Bitcoin prices are going down fast because there are so many rumors about recent Bitcoin being heard.So i m pretty sure that everything is temporary here and we just have to give it time.  But surely the price and the cap will recover soon and we will see the massive pump coming on future.

Bitcoin market has a lot of Fear, Uncertainty and Doubts (FUD) going on because this year is year of regulation for crypto as a whole in order for crypto to become legit or security. And I also think investors remove their money into the market not only in crypto but also in other stock markets of a certain market as well. They are the same with crypto market thats going into the bear market but before the year end I think it will recover and more investors will go back to crypto.
newbie
Activity: 70
Merit: 0
September 06, 2018, 09:37:40 PM
I think the reason would be the negative news about some countries banning crypto currency, as well as some search engine and social media sites banning advertisements and posts about ICOs and cryptos. Don't worry too much, I think this is just a temporary dip.
sr. member
Activity: 462
Merit: 250
September 05, 2018, 12:45:35 PM
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

Yeah, this is just a temporary becase for sure a lot of good news and improvements are coming so for me stop panicking. Its green day, and I hope this is a the beginning of a new all time high in the making.

Panicking is just normal if you are a new traders because there are a lot of people today who tends to sell their coins based on their emotions since they did not know how the volatility of the market works.
The price of bitcoin depends on a number of factors.The demand and supply forces play an important role in determining the prices.When demand rises the price also rises.But now a days demand is less so prices are down.Another reason is that how much investment is done in bitcoin.Some countries have also banned bitcoin and so this has also lead to downfall of the price.Bitcoin is very volatile but people have faith in it that is why it is the leading cryptocurrency.
newbie
Activity: 92
Merit: 0
September 05, 2018, 10:59:30 AM
Bitcoin prices are going down because I think that the ETF news about BTC being rejected is affecting how new and existing investors feel about investing in the cryptocurrency, but I believe that in the nearest future the situation would get better and prices would go up.
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