Pages:
Author

Topic: WHY THE SUDDEN FALL IN BITCOIN PRICE? (Read 613 times)

hero member
Activity: 1470
Merit: 509
September 18, 2018, 06:48:46 PM
#73
In my humble opinion prices are reflect of market activities like buying and selling power of balance. Expecting only one bias of equilibrium is worst mistake on volatily market like cryptocurrency market and penny stocks. Market activity can be measured is naked price chart which is only visible for traders who already passed 10k screen time.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
September 18, 2018, 12:49:38 PM
#72
There are many factors affecting BTC and most of the cryptocurrency to drop that low. One of my theory and opinion about this it is because of the price increase of the BTC last December 2017. Why? First because of the jump of $20k price of BTC more people trade their coin and so much of mining company has opened and started to get BTC. Because of this mining companies the supply of the BTC was increase filling the amount of the demand of the people wants to get some. So the price suddenly drops as the people wanting to have BTC was doubled in mining.

Well i think that's already an accepted fact. I don't think bitcoin was meant to pump that high last year esecially at the pace it did it. Many consider this as still part of the correction though i think several factors also add to why we've been mostly red. Doubts and fear for new investors? Manipulation? Too many fud about regulations?
sr. member
Activity: 590
Merit: 258
September 18, 2018, 10:55:09 AM
#71
There are many factors affecting BTC and most of the cryptocurrency to drop that low. One of my theory and opinion about this it is because of the price increase of the BTC last December 2017. Why? First because of the jump of $20k price of BTC more people trade their coin and so much of mining company has opened and started to get BTC. Because of this mining companies the supply of the BTC was increase filling the amount of the demand of the people wants to get some. So the price suddenly drops as the people wanting to have BTC was doubled in mining.
member
Activity: 322
Merit: 12
August 24, 2018, 02:18:12 AM
#70
I think there is a reason for the decline in the price of Bitcoin, but there are good things about cryptocurrency, everything in the world is like a wheel, always spinning. Sometimes they are above and sometimes below. But we cannot ignore the fact that investors are getting smarter in their investments. They might be interesting one day intra or trading for everything we know. And on this bearish trend, everyone will do everything to make a profit.
full member
Activity: 233
Merit: 100
August 24, 2018, 02:13:01 AM
#69
One of the reasons why Bitcoin's poor liquidity and Bitcoin prices have fallen sharply is that less and less interest from investors. At the time when the market was excited, investors saw Bitcoin as a super-profitable investment, so BTC's price could easily recover after each drop as there are always new investors who want to buy Bitcoin at good price. However, the current situation is far different.
hero member
Activity: 2324
Merit: 562
DGbet.fun - Crypto Sportsbook
August 24, 2018, 12:40:31 AM
#68
You have to keep one thing clear.Since bitcoin is the digital currency and decentralized behaviour,the price will fluctuates for sure .So use both the upward and downward fluctuations to sell and buy bitcoin. Actually ,you will get more profit by this fluctuations.You should use the opportunity to shine in trading.
hero member
Activity: 1610
Merit: 507
August 24, 2018, 12:34:11 AM
#67
maybe you need to know what did happen in January 2018 because the beginning of the falls happens in that month and I think you can find a good information by analyzing the situations in that month. and from that month, we still going down and even we reach the lowest price in the last few months but we have a chance to see the bitcoin price increase again in the next months. people become panic because of the bad news, people cannot be patient to wait for the price and else.
hero member
Activity: 1022
Merit: 503
August 24, 2018, 12:33:57 AM
#66

I'm more bearish than bullish, but I'm definitely happy to break down out of this wedge pattern, trading has been predictable and boring (atleast on the trend) and looking to mix it up with some newer opportunities.

Stay safe, take calculated risks, and hopefully the bull market is right around the corner, good luck!

Seemingly, you're very optimist in the current situation of the market and didn't bother by all the fuss in the market and that's the spirit tho.

And I know many had shaken weak hands and after this fall the one who believe are the one that will see the moon. Fuds will not be gone here so be used to it and love every flaws.

jr. member
Activity: 206
Merit: 2
August 23, 2018, 09:15:26 PM
#65
Alot rest on the outcome of SEC decisions on numerous ETF applications filed before her. Unfortunately, the decisions have not been favourable so far which is why many are skeptical about Bitcoin and several investors are pulling out of the market. If we can secure ETF approval then we might witness another reasonable upsurge in price.
member
Activity: 308
Merit: 10
August 23, 2018, 07:00:58 PM
#64
I have been wondering what could be the possible causes  of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.

The sudden fall in the bitcoin price is that there are only a few coin that is circulating in the market cause there are only a few who invest. The coin that is only circulating now is from the people who invest last year. If there are many people who will invest on the market then the price of the bitcoin will not fall cause the coin is in demand due to many people who is investing on it.
hero member
Activity: 1092
Merit: 501
August 23, 2018, 01:57:25 PM
#63
I have been wondering what could be the possible causes  of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.
it is because the supply is high thats why theres a sudden drop of bitcoin price
Now in market more and more people are selling only because they don’t know that soon the price of bitcoin will rise high, price is increasing more and more but those who have low temper and sell at the panic, selling right now is making price down, so it is not good to sell at panic just have patience soon price of bitcoin will be high once again.
sr. member
Activity: 784
Merit: 250
August 23, 2018, 10:48:59 AM
#62
One of the reasons, I think, was the hacking of bitcoin made large exchanges. These incidents made investors felt the insecurity of the bitcoin investments. Emotions were high with the investors that brought a negative outlook with the market.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
August 23, 2018, 10:20:52 AM
#61
Don't you read crypto news mate ? You can easily find out the reasons of increase/decrease in price of BTC and various currencies if you follow the crypto news. According to news the recent fall in the price is due to SECdelaying the ETF announcement and further the latest news says about the insider trading rumors of Bitmex exchange. These have made the price lower and the prices won't increase until there is a strong positive news about BTC.
newbie
Activity: 33
Merit: 0
August 23, 2018, 08:59:44 AM
#60
I have been wondering what could be the possible causes  of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.
it is because the supply is high thats why theres a sudden drop of bitcoin price
newbie
Activity: 68
Merit: 0
August 23, 2018, 07:13:21 AM
#59
Just fundamentals, when there is a sudden dip in the price of bitcoin, it is always as a result of some news, In recent times, it has been the Bitcoin ETF/SEC news 
legendary
Activity: 3080
Merit: 1353
August 23, 2018, 07:10:12 AM
#58
Well we can state the obvious that this market is really prone to manipulation that's why the price dramatically declined. But we can't discount the fact that investors or speculators are beginning to be smarter on their investments. They might be pulling a intra day or day trade for all we know. And at this bearish trend, everyone will do everything to make a profit. Take note that I said profit, not huge one. At least 10% will be considered a good returns, IMHO.
member
Activity: 224
Merit: 11
August 22, 2018, 07:36:56 AM
#57
I have been wondering what could be the possible causes  of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.

Due to several factors such as media giving bad terms about Cryptocurrency.
Tappi can also be because whale whales raise and lower the price of Bitcoin.

Maybe it's better you buy tokens at the lowest price like 10 satoshi and 20 satoshi for coins whose value is thousands.

I believe that there is manipulation happening now in Bitcoin. There are many whales out there making money on the poor or newbie in crypto, specially those people or big company spreading fake news or FUD just to make the price dump or pump. This is reality.
member
Activity: 252
Merit: 10
August 22, 2018, 07:17:59 AM
#56
I have been wondering what could be the possible causes  of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.
It will fall and fall the price but i know that someday the bitcoin will increase and the trades will be rich because of bitcoin.
full member
Activity: 244
Merit: 100
August 20, 2018, 05:51:19 PM
#55
I have been wondering what could be the possible causes  of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.
Actually, it is not only Bitcoin which is currently experiencinh difficulties when it comes on the market value at this moment. Most of the cryptos are now having continuous dumps in the prices. The market volatility might be the best yet simplest reasom why this dump took place. The market last year suddenly increased and correction maybe is what we are experiencinhg.
sr. member
Activity: 1484
Merit: 253
August 20, 2018, 05:42:41 PM
#54
I have been wondering what could be the possible causes  of the sudden fall in the price of bitcoin and the altcoins.I know from experience that it will surely rise again but I wish to know the possible causes of the fall in prices.
Most of this has been discussed ranging from bad news, panic sell or ban from country and crypto regulation, if you read then you can estimate yourself about the decrease in cryptocurrency, essentially the crypto decrease is due to the holder, so if the holder loses the trust maybe karean bad news or such then the crypto value will drop.
As we all know here in the crypto currency community, it so unpredictable in which makes us disappointed as we are hoping to increase by having many shares of crypto currency. In some point, it gives a great opportunity by those users want to invest by hqving cheap prices. Also,the main reason of downfall is because the big whales suddenly sell their great amount of shares that may affect very much to the entire community of crypto currency. I believe someday it will recover and definitely may give us a great amount of profit in the future.
Pages:
Jump to: