Bitcoin Forum

Looking as to why bitcoin is down

The whole market of cryptocurrencies is down with over 25%, in the last hours it started to increase back a little. Dont worry it is just a manipulation from the big guys of cryptos to get the price down so they can buy when the price is low and sell back when it gets higher.

Soon all the coins are going to increase back even higher than before. It is not the first time when this happens and surely not the last time. Dont sell anything, my recommendation is to buy even more while the price is down

Just another day in the crypto world. Prices go up and then prices do down. Buy when low and sell when high. Just hodl your bitcoin and the price will increase after this dip, it always does.

Standard stuff dude another day another dip. It had to happen considering how many days the markets were green it was only a necessary and healthy correction.

That is actually part of Bitcoin's or cryptocurrency's system as it is a community driven digital assets. It might be a manipulation by big players on the market, volatility or due to the issues in the Bitcoin system which I am hoping that upgrades will be on it's way and one thing is we all know it already that Altcoins are dependent to Bitcoin because it goes mainstream and in widespread adoption that is why Altcoin's prices are affected too. It could be for payment or investment purposes. But don't you worry because the price will bounce back very soon just be patient or maybe buy some now for the future.

You must learn trading elementaries. Its law of trading.

It's just a normal thing in the industry. Prices do fluctuate from time to time so no need to worry. Players who has big investment tend to manipulate the market at some point, the demand of Bitcoin is quite high but the supply is low which also contributes to the fluctuations. Anytime soon price will rise up again just be patience.

Nothing new, market changes every hour depending on news or actions. So now it is down and tomorrow it might be up, you just need to use opportunity.

Down two days in a row but not to levels that need to concern

decline and rise in the price of bitcoin and altcoin like cycles occur, where as bitcoin decreases therein altcoin rises in price and as bitcoin rises altcoin prices decreases, bitcoin price drops are common, and soon I think bitcoin will go up, just be patient waiting for a bitcoin rise.

Read this whole article if you really want to know what’s happening to bitcoins price.

https://www.biznews.com/global-citizen/2017/12/06/bitcoin-bitfinex-tether-risk-crashing/

The price is only going down because of the fucking korean regulations + government issues.
Thatis the only explanation that you are probably looking for

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Do not pay attention to the others who are saying bullshit about it, because that is the only explanation.
And most altcoins went down by more than 10% on coinmarketcap, because the korean exchanges got delisted from there.
So the average of the price changed drastrically.

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This caused a huge panic selling and the price went down by a lot

I also don't know why the value goes down again and this is for a long period of time unlike before whenever bitcoin drops after few weeks it manage to appreciate and become much valuable but this time it became stagnant and move upward very slow and for the record it didn't reach again this year the last years highest value which is $19000. Maybe there's some corrections that is happening now

You could also add that bitcoins is terrible right now, and the network is far too congested to be usable! You can't even get a transaction through without paying a high enough miner's fee! That is a huge turn off for most people for sure and has driven a lot of users to switch to something else like ETH or, amazingly, DOGE. It will likely turn around after an upgrade is done to the protocol.

Apparently this is becoming very common in the bitcoin market, and therefore I think that those of us involved in this matter of crtyptos should be accustomed to these continuous oscillations. In fact, since the price approached $20,000 in the month of December, it seems to have entered a very consolidated price range where the midpoint is around $15,000, which means an excellent opportunity to earn a lot of money in who devote themselves to swing trading.

There are always ups and down in the bitcoin market wherein its just normal but moreover the increase in the price value is much greater than the downside. Bitcoin will anyhow recover soon back to its usual price value and this will lead to more optimistic view for the bitcoin investors.

 Well welcome to the world of crypto currency! As someone who’s been in the coin since about 2013, you’ll need to get used to the price fluctuation. One way or another it never stops.  It appears you’re new to the community, so welcome.  My advice and Lester day trading  crypto currencies, It’s best to not keep us close track on it, and get yourself all worked up and scared that it’s going to fall off a cliff. Sit back and enjoy the ride, cash out when you see fit.

I think it's a tough day for bitcoin, after the end of 2017 yesterday, bitcoin has lost its reputation.
and I see that it is still in recovery so the bitcoin price is not stable, and down.

It is not just bitcoin. There was a small correction and do not worry. The bitcoin price will go up again as usual.

Bitcoin and cryptocurrency in general is gaining popularity!

It's nothing unusual, since it's only a normal cycles of trading (even our daily life has many ups and downs as well) My little suggestion to OP - you can try to get involved with BCT as frequent as you can. Also, go and subscribe some websites related with cryptocurrencies to enhance your knowledge in this field.

decreasing the price of bitcoin money because it's because investors are dependent on the price of bitcoin because when many investors are also increasing its price but if nobody does invest it down.

Bitcoin is down because of market correction, this is considered usual in any investment market, it happens when the price get high that very few people are willing to buy, the result is loss in demand and price drop, this event is just temporary. I think you need to take this opportunity to invest as the price is cheap compared to its actual value. One thing is for surein bitcoin, and that is it will continue to go up as it becomes more popular.

I'm new to bitcoin but crashing and the price increase is very much normal in a highly volatile cryptocurrency like Bitcoin, you need not worry it happen a hundred times and it's not the last one we'll see more thousand times of this in the future, so my advice get used to it.

it's our chance to buy bitcoin if the price is down and we sell again when the price is nik, the factor that I know because of its many or the opposite of its investors which resulted in bitcoin price up or down so it's normal value manipulation so they can buy when its price drops and will sell it when the price goes up again

The trend of Bitcoin and cryptocurrency as a whole is that it reaches several peaks and mang highs and then separated by a lot of lows which also promots people to panic sell which reduces the price more but consequently gives chance to people to invest again and then go up in prives

Its normal to bitcoin's price to get down because it depends in the market sale. If you're curious that what about if bitcoin's price get down and never get up. Then im telling you even bitcoins go down to its minimum price. It will still go up. More people are expecting and only depending to its price thats why there are too many user of bitcoins. And these people wont continue to invest in bitcoin if its price will forever be down.

Don't worry, you'll get used to it. If it's trending down then it's a chance to buy. Just don't sell-off when the price is low. Hold it and you'll be good.

This mentality should be take place inside crypto industry, knowing that the value will bounce back and never to panic when things like this is happening.
I understand that you are looking for some point where explanation can be provided but there's none actual one just a supply and demand pattern, those
who already gain sell and those who's willing to wait will hold and buy more.

There is no problem about it. There will always be times when Bitcoin is down. We cannot avoid that. The same is true to all cryptocurrencies. That is part of the life of a cryptocurrency. We should not treat is as an indication that it is not as strong as before. We should be worried on the contrary, when Bitcoin will not even try to dip a little. That means it will come crashing down rock bottom very soon. A little dip does not have a very heavy reason why it is happening. So no big deal about it. A reason is there when Bitcoin will lose more or less 40%-50% of its current value overnight.

It's a correction from the supply and demand of Bitcoin, it will dip a bit and then rally again. We know that over time more money gets put into Bitcoin so it means temporarily people are selling for funds but that won't stop Bitcoins overall growth.

bitcoin prices are determined by market demand. if demand is a little certain the price will fall, when market demand is very high definitely bitcoin price will go up

Maybe it happens, bitcoin prices go down because of market needs, and give people a chance to buy it, and the decline in bitcoin prices that I think is common, so suppose we want to invest money now is the time to buy it, before bitcoin will rise again above the previous price.

now bitcoin is down, because of the lack of market demand at the moment, but it will not last long. in a few days, the market demand will be high again and bitcoin prices will rise again

bitcoin is down recently and its price is coming back to where it belongs truely because yesterday Coinmarketcap has removed korean exchanges from their site because these exchanges are pumping bitcoin price too high than bitcoin real value, so bitcoin is backing where its true value.

I'm interesting.. You said that it is just a manipulation from the big guys of cryptos.
Who are big guys? Anyone know?

Bitcoin is down for a number of reasons, one of them being the insane transaction queue times and the huge fees associated with that part of Bitcoin.  If the fees were lower there might be more exchange movement in a bullish direction, as it would allow for people to move a lot more of their money more freely and cheaply compared to what we have now. Big transaction queues are the primary enemy of Bitcoin right now, as they slow the network and make it worse for everyone involved, with fees and everything like I commented on before.

It might see more bull runs in the future but for now it's going to be pretty spotty at best for the market. Good news to come, ideally.

It's just a normal thing in the industry. Prices do fluctuate from time to time so no need to worry. Players who has big investment tend to manipulate the market at some point, the demand of Bitcoin is quite high but the supply is low which also contributes to the fluctuations. Anytime soon price will rise up again just be patience

cause people are afraid that bitcoin bubble will pop out. bitcoin not a best coin anymore and people already afraid holding the coin. this time for altcoin to take place as the best coin. i believe there will be altcoin that able defeat bitcoin

it's a simple equation, Bitcoin is a decentralized virtual currency, It's controlled by none, Bitcoin holders are the major mechanism of this platform. Bitcoin selling and buying ration is the responsible for the change of the price. So it also depends on the market demand that's why it will not be a static price anymore.
But in recent times, Bitcoin has made a tremendous impact on the money market and day by day It's becoming an influential system on the monetary platform.

This is because of pump and dump manipulation of some bitcoin haters in which is normal therefore you must used to it in fact the current bitcoin value still be considered as big because $15,000 still a huge amount. Except if you buy bitcoin above that value you really get worried if it fall down.

We don't need to be surprised that bitcoin fluctuates less than 30%. Maybe we are used to that. The encryption market is like this. It often rises and falls. I think this drop is related to the normal launch of the South Korean government. South Korea has recently restricted foreign exchange input and the real name system for digital currency transactions.

The bitcoin is down just as how other investments, it is normal for the market to go up and go down as well. And as we invest, we should believe on it on a long term period. It is going down as well I think because many are scared are pulling out their investment on it for the fear of losing their resources.

It's just a normal thing in the crypto market prices keeps on fluctuate It goes up and down there is nothing to worry about.

the currency market is highly volatile they goes up some time and they may go down sometimes So we can say that now the bitcoin price down to the $15,350 which is a good amount. The main reason of bitcoin may be the shifting of the people from bitcoin to other currencies so the supply is high in the market and the transaction and uses of bitcoin is less as compared to the past.

Well it didn't happen only to bitcoin, most of the crypto in the market also takes a dip. The real reason is that coinmarketcap disregards the value of crypto in korea due to high appreciation of each coins in their country. They remove that price upon averaging the real price of crypto in the market. It is called price correction in the community.

If you have earn much experienced in this kind of market, well this thing is very normal. The price of bitcoin is very volatile so expects ups and downs and don't just panic because of what you saw, always make your own analysis so you can prevent your money from loosing.

A lot of governments in the world are still under consideration and review for setting up new rules and regulations for cryptocurrency.
But as usual, before they come up with any innovative ideas, they will put “crypto currency” aside their legal system.
This time is the same. Korean government investigate the deals and transactions that were done by some of their banks. They considered it illegal and decided to ban or elimiate cryptocurrency out of their standard transaction and economy.
However, time will tell the result. But in short term, there will be a lag in the price of all cryptocurrencies but it will br over soon.
Hope everything will be Ok and our world can move forward to a new erA

Bitcoin prices is lately less stable. Sometimes the price is nearly $ 20,000, and sometimes it drops to $ 16,000. Range of rising and falling of bitcoin price is not too far away. I think this is still within tolerable limits. I think the bitcoin price is still stable. So do not worry to invest.

Bitcoin prices are influenced by some rumours, and because the decentralized system depends on the demand and sales of the bitcoin itself. If the demand for bitcoin increases then bitcoin prices will be high, but if investors sell their bitcoin then the price will go down too.

But for now, I read in some media there are two factors that cause bitcoin prices down. The first Microsoft Companies is not accepting payment via bitcoin anymore because bitcoin transaction is very long to processing just one transaction and high fee from one transaction. And the other reason is Coinmarketcap removed Korean exchanges from the market cap. That's why bitcoin price down, perhaps by next month the developer of bitcoin will launch the lighting network to speed up the process of bitcoin transactions.

A correction was due when it hit $20000 Mark and this was that. It is getting stable around $14-$15k now and hopefully, altcoins her pumped now because of this high stabilization. Ethereum is pumped because of POS hype and ETH tokens are jumping around with them.

Well, I think there are many factors that could affect the rise and fall in the price of Bitcoin. When it comes to the rumors you say I do not know. All I know is this, I'll try to explain some of the things I understand about Bitcoin price changes. First is the number of blockchains that are mined. If more Bitcoin is mined, the amount of Bitcoin in the blockchain will be less, it means Bitcoin will be scarce and the price will be higher. Second, someday Bitcoin will run out and can not be mined anymore. Third, more and more people are looking for Bitcoin for various reasons, such as invest, business, trading, and saved because it is believed to be the currency of the future.

I believe it's just the stage we are at in the cycle. It's currently altcoins time in the sun. Altcoins always tend to rally around this time of year, I suspect altcoins will overrun and then bitcoin will regain dominance and rally once again.

Don't look for some special reasons every time when bitcoin price is corrected.
It's just part of volatility process and the price will be occasionaly corrected, there is nothing strange about it and nothing to worry about. Maybe some users are surprised now becuse they've expected that price will touch 20000$ immediately after new year and that didn't happen.

If you are looking at a course on CoinmarketCup, recently on the list of exchanges, Korean exchanges with overvalued rates were removed, so the price so fell. In fact, nothing happened.

it is just a chance that bitcoin is down,it is a common thing in money
market ups and down are always there in prices,it is not a thing to
worry about.

I'm guessing it's down because ETH is skyrocketing lately.

I believe this will be the year that ETH goes into the stratosphere price range.

An important factor was that the other day co-founder of Bitcoin.com, the largest industry website, Emil Oldenburg, said that Bitcoin had no prospects, and he himself got rid of bitcoins. He called investing in crypto-currencies "the most extreme of all possible," and he is confident that people will start out of bitcoin as soon as they understand how this system works.

Cryptocurrency is a volatile market and the bitcoin price is driven by the laws of supply and demand. The price increases if the investors want to buy bitcoin and the price decreases if the traders want to sell this cryptorrency. You need to know that even small movements of bitcoin can have a huge affect on its value because bitcoin has smaller market sizes as compared to fiat currency.

Maybe because a lot of people exchanged their bitcoins to either altcoins or to fiat currencies. I just hope it wont stay this way and bitcoin would rise back up again.

Because this market is a bubble, and like every bubble sooner or later it explodes, bubbles aren't stable by definition. The only reason Ethereum is increasing, in the top 15 currencies, and also yesterday for a few hours Bitcoin Cash, is because people are converting their cryptos to these two currencies in order to sell them, because instead of BTC, BCH and ETH are a lot faster and cheaper for transactions.
It is exactly what I did last weekend.
Soon it will be a hell for the people who remained inside.
This for the short-medium term, for the long term (2/3 years) I am very positive like everybody else here.

The reason why people are selling is because a lot of investors have put their money into BTC to receive their proportionate amount of the new coin that is created after the fork occurred. Now the fork is cancelled, they are re-investing in altcoins.

Up and down prices is common on trading

i think, bitcoin price down because of the stock trading that is too free, this makes the level of public confidence decreased against bitcoin

Bitcoin is down because rumors that the chinese government is going to ban local cryptocurrency mining because it burns too much energy.

If you are a long term believer in bitcoin then you shouldn't be worried about short-term price decreases.
Bitcoin has no where to go and short-term price decreases just make the currency more stable, it shows that even though all those bad messages came out, bitcoin was still able to survive, it gains more trust from its holders and brings newcomers.

I don't think that the recent decreases could be counted as "bitcoin goes down" more like bitcoin fixes its price.
It went up really fast recently, nothing can go up so fast without going down to fix its price.

people are selling bitcoin or buying altcoins with great possibility to x10 or more in value with bitcoin price now a double your money in an instant is impossible so most holder now are getting altcoins to make their profit more great. in due time people will sell their tokens just to be back in bitcoin community. so no worries on this!

Bitcoin is down and believes me it is a just short-term sideways trend but the long-term trend is still in an uptrend which can be visible in the weekly and monthly timeframe. The sideways trend normally tends to react in such way that it takes out the weak traders out of the game before the new and bigger rally starts and right now this downside correction is just trying to shake out the traders from the game by creating such a panicking movement that the traders who are already holding their positions they just exit from there. you better stay away from these sideways trends or just hold your positions if you can do it.

I think there are a lot of profitable ways to make money on altcoins now ,with numerous ICO and value coins in the market, most traders are selling their bitcoins for such coins and ICOs. This is the result of bitcoins been bearish.

previously bitcoin was mooned so hard and everything else was going for a straight downfall. Of course, others have their turn to shine as well.

If this were true you would see an increment in the altcoins' values as always happened before, but it isn't true now.

Not just bitcoin but other altcoin also decreased, I think this is due to dump when we do trading. But we can take advantage of the declining bitcoin price, we can buy some bitcoin and get profit when the price goes up

The answer is not far away. The major contribution to this is the present high cost of processing fee when transferring bitcoin. if one can spend as much as 20% of his money just to make payment, you does not encourage at all

I believe that bitcoin is down because many investors will really invest into altcoin.However we dont have to act this time in a panic way because feom the syart bitcoin is really something like haeding through up and down movement and  that was really normal on this field that is why we dont have to be afraid of bitcoin price because it can really rise on the other day .

Bitcoin price is down at this short moment but in long-term investment, it will reach a new milestone. As dropping down of pricing is the ideal time to hold and buy more bitcoins. The price is down because the big players are taking their profits.

I agree. I think it's just normal market movement and trends. Even if bitcoin is the most powerful amongst all cryptocurrencies around the market, it won't be possible for it to go always up every time. If that happens, the cryptocurrency market would surely fall because it would be one-sided favoring only bitcoin if it is the only asset that has the capacity for continued rise. All others would be left in the rubble, basically in the wake of bitcoin's dominance. And it's not actually going down, the market is moving and playing, which should be good because we know that there are other assets that's gaining besides bitcoin.

Right, and this is usually the best time to invest again your money in bitcoin. This kind of dip are what most of us are waiting so that they can add more to their first investment in bitcoin.  The volatility of bitcoin is an issue ever since so we don't have to worry about the frequent price change. We just have to use it to our own advantage.

Bitcoin is not down. It's just temporarily investors cashing out on the major breakthrough Bitcoin has achieved. We will definitely see Bitcoin rising back and higher in the near months.

Currently BTC is not so interested. They need to solve fee issues and transaction time. If they solve this and BTC can be used for daily usage (P2P) than it can burst again.

Due to high energy consumption Chinese government trying to ban Bitcoin mining activities. I read some news about that. But i am not sure if it is real or fake news. But this affect the price of btc i think

Sir it was a normal thing, that is the proof that Bitcoin price is volatile. There are times that it will pump and there are times it will dump. This happens in a single period of time and it is not surprising. In this scenario we shouldn't panic and be bother because suddenly it will be back to normal. I believe that even if bitcoin price is descreasing, it will never loose its value.

this is natural thing for crypto, fluctuation can happen based on news or whales moving from one coin to another, usually when BTC price is decreasing another coin is raising pretty quickly.
After the pump there is always a dump for another coin (people will always go back to BTC after they rose the wave for some gain).

decline and rise in the price of bitcoin and altcoin as cycles occur, where the decrease of bitcoin in it altcoin increases in price and as altcoin increases in bitcoin, bitcoin drops usually occur, and soon I think bitcoin will rise, patiently waiting for the rise of bitcoin

Yes it is a basic thing for all currencies in sometime the price will grow in up direction but in sometimes the price Will reduce continuosly so it is just like that , so we can trust bitcoin surely the price will be normal in few days .

The cost of bitcoin is reduced and the price of ultokine like cycles increases, where the price of bitcoin decreases, where alkone increases in prices and bitcoins increase, the prices of ultactance decreases.

For me its just natural for btc to decrease, many are just busy and for some sort of time they dont just use their btc and other investors are not supporting, but btc will always get to that value and will go back to track, and thats just small amount, btc can get that decreased percent.

bitcoin is facing a correction now, from how high it pumps from a couple of month before, so its normally that bitcoin is suffering/facing a slow correction. and in addition of those holidays season last year, some of other investors are spend too much bitcoin at that time, so normally bitcoin price decrease.

I think many people sell there Bitcoins.So bitcoin price is going down.It's not a problem.It's normal.Now people buy again bitcoins and I think it price go up on next week.  :D :)

You can lower your demand in a country, product of an attempt to regulate bitcoin, as in the case of China in ek 2017. This drop in demand causes, of course, the decline in prices. But, this cheapening, can be used by investors from other countries. And in that way, take it back up. As we see, its ubiquity, makes its market truly globalized, does not depend on the conjunctural factors of a single country.

Bitcoins price is down because of the market strategy. Those people behind the big cryptos are making it down so that they could afford to buy. After that, the price will go up again. This is a strategy in investment, buying and selling. Expect it to go higher next week.

I think this is a normal phenomenon, the currency's rise and fall as long as the reply is not the attitude, can accept, is a normal phenomenon, need not too nervous, we hold COINS don't need to worry about for a long time

It is normal. Investors are taking profit in order to reinvest as the price drops. The whales want you to sell when the price is down for them to accumulate. Don't fall for their antics

the standard in trading is like that, there is time to go down and there is a time to go up, if it goes down, do not panic, hold it, it will go up, or you can buy back, multiply study trading, so do not panic when bitcoin down, have a good future, bitcoin will have many projects, this will be able to help the price

normal. will be back up soon. fluctuations happen this time of the year.

fluctuation is the part of crypto circle
but i think bitcoin goes down because btc is on sideways
just look at the chart on CMC you can see btc on sideways
once it's break.... booommm....

The price is down then up and so on...

There are moves and as the bitcoin is volatile, it is almost impossible to make accurate forecasts. However, some big trends are well-known: there are rising trends by the end of the year, that get compensated as the new year begin. Here is what is currently happening.

Nothing to worry about! ;)

bitcoin drops because of the reduced number of people who buy and invest in bitcoins. today many people are investing in altcoin because the amount of altcoin supply more than bitcoin.

The price is going down due to less demand for bitcoins because we all knows that price will be based on the demand so currently the demand is less and price is less.The less demand is due to people are movint to altcoins we can see that many altcoins prices are going to moon.Ethereum price keeps increasing over the fast few days so it looks like the year 2018 is gonna to be the year of altcoin.
But I am not frustated about these price falls because I know this will be temporary fall and bitcoin price will bump soon so I am eagerly waiting for that bump and i expect the time need for that bump is not that much.

I think it's because now there is a lot more compatitors in the field of bitcoin in the current market, for example ethereum, ripple, litecoin........... etc.A quick growth always need to aware about a quick fall. And all the up and downs are depends upon it's performance.

This is a very normal thing, the price of coin is sure to go up and down, and if it keeps going up, it's going to be incredibly expensive, so it's understandable.

normal it s yes , the way on how does it make some move for , i think and see that this is one of the good thing that can ever happen why cause we see that it can be some chances for some that dont have bitcoin so that is why if they have take the chance while it is in a down matter and then yes they can take that for.

At the moment the reason is that lots of the investors are moving towards Bitcoin Cash because they feel that bitcoin core doesn't have any future especially when the developers are on the fence about implementing changes to the block size.

I agree. It is normal, that after a rise, correction takes place. Furthermore, the new year began, so the market need a few weeks to stabilize.

There are more UPs and Downs in Bitcoin, than at a Chinese prostitute house. But most of us are used to this, so this is not a problem for us. If you know how to change the instability you want, then it becomes your secret weapon for success.

If your line of reasoning were in sync, one would have expected to see the price of Bitcoin crashing way down to below the $10,000 price mark, but last time I checked, the price have been ranging between $12,000 and $17,000 and any seasoned trader would see that as normal and expected - markets usually enter into a correction after some significant movements up or down. It can be likened to the market catching a breather, before deciding on its next move!

Supply and demand, a little less demand than before so there's a small price correction at the moment. It happens frequently in the world of finance not just cryptocurrency. The general trend is upward. Even at this price we're at high price compared to just 6 months ago.

these swings are called correction, inflow and outflow of money. Now, many poured into altcoins , thereby increasing their capitalization and provokes a rise

I'm not sure about this but if this was true then we will see more bloody period from bitcoin value, let see after this week if what can be the
fate of bitcoin I'm still positive that it will rise back ahead and regain the support of investors looking forward to see another 20k$ and rise
up more than that.

I think Bitcoin is down because it is creating momentum to rise even higher. In addition, the increase or decrease of Bitcoin is the frequent occurrence that gives investors more opportunities to get rich

Everything that is happening right now is all part of the cycle, there will always be Bloodbath and Christmas time in cryptoverse. A wise investor/trader always have a strategy and set how much profit/loss they can take. Do not let your emotions affect your strategy or else, it could result to panic selling.

Earlier when the bitcoin reached at its highest value during that time many people were investing on bitcoin which increased the demand but then the Christmas and New year came and people start selling their holdings which decreased the demand very high and now the bitcoin is facing the fall in its value.

down and up it's like everyday in cryptocurrency but if you want to know more maybe it's cause the microsoft company not using bitcoin anymore didn't know why they don't use it anymore. but the price going down and up it's an usual activity for that just wait until the price back again

Because i think many investitor are moving toward altcoins or bitcoin cash, but is normal down and up in the market, bitcoin will rise soon again

I don't think the current price fall is not due to that microsoft's announcement because i don't think that much of people using bitcoins for buying microsoft products.The price crash is maybe due to the ethereum price bump so people are transferring their bitcoins to ETH to make more money and I heard that there is a ethereum fork coming up at the end of January so people will receive free coins thats why more people are moving to ethereum but this price fall is not permanent the price of bitcoin will rise soon so grab some bitcoins when the price is cheaper.

The drop will be halted very soon as ETH is going ATH, many people will quickly swim back to BTC from alt/ETH.

There is very little evidence to say that this is happening, even if the early numbers at the end of last year seemed to suggest that. Bitcoin may have had its market dominance eroded over the last year, but if you look at Bitcoin Cash dominance, it peakes around 10% but is still floundering now below 10%. Even Ethereum, which had its run early last year and is at all time high now, can barely manage 15%.

It's probably true that a lot of people are at least temporarily switching to alts to move around funds, simply because of the Bitcoin network congestion, but I personally haven't seen anyone or any service I use abandon Bitcoin. Developers are not "on the fence", haven't you been following updates?

In fact, the period that Bitcoin Cash spent the most time and money actively trying to displace Bitcoin was when BTC was at its highest.

As Bitcoin prices soar for a long time many people own Bitcoin in bulk and sell it. When they sell all their Bitcoin at a lower price then this will cause Bitcoin to go down.

I did not keep up with market developments earlier this year. but I suppose a fair thing happens to the market, when it occurs in some crypto or bitcoin. yes all things are commonplace. so I guess the downturn is still at a reasonable rate. I believe bitcoin can survive and increase again

It is not new. Maybe you could see some history of it and you will find out that this happens most of the time.
Actually it is better now because it is not halved.
Before I use to panic that it might come to an end because of the history that it had going to a value like a dust.
You should be used to this by now.
I think many will agree with me.

Bitcoin is unstable currency,it always ups and down.if it in lower price,it will increase in future.

CMC has removed korean exchanges from its calculations .
Bitcoin and other altcoins are not down, it's just that their average value is calculated differently .

I am agree with you. Though bitcoin is dawn now a days dont sale it now. Wait for this month end it will definitely rise.  I think may be due to new year celebration people may have sell their bitcoin. this might be a one reason. Another reason is may be due to increase in bitcoin transaction fees . If you see the other currencies like ethereum and other currencies their transaction fees are less. So may be most of the people has invested their money in other coins. Though these may be the reasons of fall in price, it will increase soon . wait for few months.

After long Bitcoin rally and Sundeen hike in prices bitcoin chart will react for any negative news so prices will be stable or down for quite some time after positive sentiment and positive news from market again we can expect high spike in bitcoin prices

Bitcoin is always rise and fall. now it may down,it will increase and it will give more profits.

Bitcoin will still rise

Korean exchanges was always on top of the market last year, I always see KRW on top of the market, they're the biggest contributors because chinese people buy from them. But I'm afraid of what will happen if their government plans to implement taxing every crypto related gains.

Yes the bitcoin value is going down day by day now days, i am thinking some correction are going in bitcoin once all correction will be done surely bitcoin value will get more than 20k in coming days.

Bitcoin can not constantly grow in price. Due to the fact that he is exposed to high volatility, he periodically after growth needs an adjustment. Also, he is sensitive to the news of the crypto currency market, then increasing, then falling in his price. After a big recent rise in bitcoine prices to $ 20,000, now he has moved on to the adjustment and floats in the course. The uncertainty of the situation with the price of bitcoin and the slowdown of its growth is largely due to the accumulated shortcomings of bitcoin - the slowness and high cost of its transactions. While this is the reason that bitcoin does not increase in price.

Thus is typical and normal prices will go up and Down now tomorrow and always nothing to worry abt

I believe it is because of panic selling when ripple started falling in CoinMarketCap (due to removal of Korean Exchange stats)

Only the wise, would know what is happening is price manipulation by the cabals/whales. What you should do now is to buy more. HODL and enjoy the price increase when it goes back up.

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it's market strategy, Don't worry about bitcoin up and down if bitcoin price not up and down how we get profit.

This is pure demand supply mechanism. Lower price is the result of profit booking. More people are selling Bitcoin at higher price and again people will buy at lower price which eventually result in surge of price rise.

Yes there is nothing to worry about all these downfalls of bitcoins. These are just casual, yes all those people who are new in this field this might seems them some horrible but this is normal. It is just a normal dip that comes after a strong pump. Last weeks of December 2017 prices were just jumping and reached to such high level within a week. So this is a definite thing to come after.

Recently, South Korean has been hugging the limelight and there's a speculation that they are going to put a tighter regulations about it and there's a FUD that they are going to follow China's footsteps as well. We all know that South Korea is a big market for crypto, however if the rumor is true then we are going to be affected significantly.

Yes, I would agree with you. Eventhough as of late we have been seeing a slump, I'm sure that this is just a temporary setback. Actually this is a good opportunity to buy bitcoin because its quite cheap. Because once bitcoin price jumps again, you will be happy that you made a good move to buy it back when the price is at a discount.

 It is not the first time when this happens and surely not the last time. Bitcoin can not constantly grow in price.
Soon all the coins are going to increase back even higher than before.
 Experts advise not to sell anything and  to buy even more while the price is down.

This case is the same as the Moon and the year yesterday .. Many of the country who issued a negative currency digital currency where many parties are afraid of that thing .. where the price of Bitcoin decline and in the near time Bitcoin prices can penetrate the figure almost $ 20,000 ..the possibility of daily traders who are afraid of it..and used the investors to buy it ...

Usually in early year teh price bitcoin will go down and the price will be recovery soon. The issues from the country that will ban cryptocurrency influence to the price of bitcoin. After the issues end, so the price of bitcoin will get up higher again.

It is all about the Korean FUD, I suggest you buy the DIP! BUY BUY BUY!

Bitcoins are constantly going downwards in some recent days and i think it is because of the FUD from china and the government of south korea about banning the exchange markets. This is really causing a huge caos in the blockchain and most of the peples are panic selling their bitcoisn which is intensely making the price go down. I am sure as soon as the price goes much down, peoples will start investing in bitcoins at a good dip and bitcoins will again go up.

Is a usual trading pattern for currency market and including cryptocurrencies. It fluctuates to push people in and take people out for profit  ;D

It happened last year too but basically stayed bullish through out the tail end of last year, so we should expect a proper correction that will settle the market for another run.

Meanwhile, bitcoin has shown to be a very promising coin and withstood the pressure of shielding off to $11 thousand plus till now. Is going to rebounce soon when all the Asian news settles down.

The price raised too much to fast in December, so see this just as a sharp correction. When you compare to where we stood a month ago, most of us hodlers should still  be in profit and price seems to stabilize now (at least I hope it will). If it continues to fall, you will see good opportunities to buy more coins cheap and wait for the next rise.

Bitcoin is continuously reduced due to a series of bad news from the Korean market and China prohibits bitcoin and cryptocurrency. This information directly affects investors and makes them feel nervous so they sell their coin in a massive way leading to the whole market decline. But if you follow, this is just a move to bad news to gather the speculators and they really succeeded. The market is recovering gradually.

I think that the price will still go down. Too much grew up, correction is needed. Another month or two you need to wait.

The decline was due to investors monitoring the warnings from some regulators and increasing crackdowns on the virtual currency market in China.

I think because of the issue of bitcoin and ethereum now in Korea that the people are getting panic to sell their holds of both coins. Bitcoin no matter what the issue that make it down will not stop to increase. Yes its price and value is now lower but when it hits someday you will find the huge profit it gives. So better buy for now as the price is low.

Same here, I bought around $200 of btc at $14k, now the price is down. Hope Bitcoin will go up to compensate my loss.

why bitcoin is down? because it give a chance to some users can be afford to buy bitcoin so i think that is the right reason.

because a lot of speculators have put their cash into BTC to get their proportionate measure of the new coin that is made after the fork happened. Presently the fork is wiped out, they are re-putting resources into altcoins.

Many investors are worried because of the state the market is right now. Today the market started to climb slowly. I personally ain't so afraid of the situation in my altcoin portfolio because I know that I have the altcoins with perspective.

This situation on the market that the past week brought was caused by the manipulation of the powerful people that were eager to achieve their own goals with the lowering of the market curves.

Because there is a lot of manipulation coming from governments, institutions, and just "millenials" who are trying to bring back the price back to the bottom again. It wont last for much time, in fact, everything is on green right now, it is just matter of time.

The whole crypto world is down for two days atleast 25-30% , but this is the basic of share market. Bitcoin was down for a bit , may be upon some news , But it will recover soon . Although the market started to recover already. Thank you.

This is part of cryptosphere mate, prices of cryptocurrencies goes up and down.

Yeah, I also feel that this instances of price dip are being manipulated. We can see that almost all of the coins have gone down. I don't know whats happening, but I know that the price will be back again.

Yaaaa I really agree with you. .. this is not the first time bitcoin has decreased in price .. I think once the rise is very significant so naturally if the bitcoin price decline is also significant but I am not worried maybe nowadays when to buy bitcoin and sell it at a high price someday

In fact, on December 23, many investors have ceased to "mourn" before the unprecedented loss caused by bitcoin copper and financial experts to overcome this loss. However, Khanh said that the law of Vietnam did not recognize the value of bitcoin as well as the "virtual" other players should risk.

Recently, Bitcoin touched the highest price mark. Many people sold their accumulated Bitcoin is order to cash the profit, resulted in more Bitcoins in the market.

As Supply increases but demand remains same, hence price went down.

It is up again, soon cross $4000 mark (maybe in next couple of hours. It was the chance to buy Bitcoin as moderate lower price.

You can still buy BTC and make extraordinary profit out of it.

Bitcoin is the future of the internet. You don’t have to buy 1 BTC to start investing in Bitcoin, you can buy Bitcoin with as little as $1.

Many reasons, China, South Korea, France, Futures , Bitconenct and many other things that worked out at the same time. It is not the first time , so HODL

Because in this week a few country ban btc, that make the volume of btc become down and make the price fall down

It is the nature of the market.I think it is so common.If demand is high bitcoin will increase but when demand is low than bitcoin will decrease.So it is depend on number of investors and their demand.  

everything goes down at some point, it is the basic law of trading. HODL

Yeah, it was really down. Bitcoin drops a lot this Month and we all don't know if this is a good or a bad thing, some says that it is because South Korea banned bitcoin if I am not mistaken, correct me if I am wrong. Then we all don't know if it is really a good time to buy bitcoin.

With the sudden surge of Bitcoin price lately, there are those who jumped in and invested in Bitcoin thinking that its the same thing with real life stock market, buy low, sell high. So when they see price is going down, some sold out early thinking that their investment is at risk. What they didn't know is sudden drop of price in cryptoverse is normal. Just my opinion.

I do not think this has anything to do with the korean country that forbids bitcoin circulating there, but where everyone takes the moment when bitcoin goes down, because they know that bitcoin will rise in time it arrives ..

Because nothing is impossible all that happens !!

The reason for the decline is most likely that more and more governments are in doubt about the future of cryptocurrency and want to introduce regulations for their use and trade.he South Korean government is preparing a number of measures to try to controlling  the investment around digital money.

Bitcoin is severely reduced as the amount of Bitcoin exploitable is alarming. Restricted 21 million [Suspicious link removed]angements.

Not only bitcoin but almost all of the coins even ethereum had fall down. this is part of cryptocurrency, it may fall down and rise again. volatile in nature , there is no fixed value. there are some speculations that said because of south korea who closed down all their exchanges.peopla are in panicked thats why they sold their bitcoin so it also affected the price of it. but for sure it will go back to its peak soonest.

You better watch news about cryptocurrency and alike to better feel the moods of the current Bitcoin price down, and since Bitcoin price break monthly resistance after the news all who trading to uptrend decide to sell to cut the further loss in their funds.

this is due to the fact that China and South Korea introduces a ban on crypto currency.

For me this is really a good time to buy bitcoin while the price are going down, it is exactly the right time to buy and keep our bitcoin I know this happen is not good to other's especially to those people who buy bitcoin in high price.

Not only the bitcoin even most of the coins are down and i think this is because of ban happened in South Korea on bitcoin or any other crypto currency.

it's not a correction large buyers are selling out causing the price to tumble then they will buy back in at 30-50% less which the price jump even higher perhaps 20k, it does this all the time only difference was the coins were not as valuable but the % is always the same

that's the market's reaction to all the bitcoin buzz (true or not) like crypto exchange closures and trading bans, government restrictions, regulations imposed on companies offering exchange-like services, and generally fud spread by personalities who have very little knowledge of cryptocurrencies. it'll soon settle and price could once again rally.

Because of some restrictions in some countries and new regulations, especially restriction to the china exchanges. ut panic among people is also factor.

really what in my mind is the same if the price goes down maybe buyers will exchange their money to btc and when the price goes up sell it just like the traders in the market so the price will rise and exceed our expectation and we will be happy

bitcoin down it's just a temporary. it's because there are some regulation that the bitcoin will be banned in some country again the regulation came from china and korea. i think after that news the bitcoin will recover like now. just hold your BTC if you have some of them

Now watch how incrase the Bitcoin.  After a few announcement it's going to moon and everyone who has not bought yet will cry.

That's natural for people in the world of crypto currency, if you look at the results of bitcoin motion every year you'll see that every month of January you will see that the bitcoin price falls below and by the february the bitcoin price gradually rises again. so I advise you that instead of selling your bitcoin, hold it for awhile to gain profit.

Many factors that make bitcoin down, because the nature of her flexible so natural if bitcoin always go up and down and therefore we need to be careful to invested in bitcoin don’t clumsy and without calculations

This is a global correction, where large players push the price down, knock out stops on margin trading, make nervous people sell into the minus. Then they pick up the position and go to new heights, all as usual.

in this week, all price cryptocurrency drop down to 50%. I think for this month it must be stabilized at range $11000 - $12000 and on February price of bitcoin will be back to the moon LOL

The recent backdrop is rumoured to be caused by the Bitcoin ban on south korea. I am not sure about it but the thing which is important at this moment is that, its market value is now gaining its momentum and again, increasing. We should take advantage of it and invest , now that its market value is not that high. Its msrket price will be more expensive whivh will give profit to its users .

It turned out that yesterday's events - this is the usual speculation of investors who decided to collapse the market. Their efforts were not in vain, many people sold the cryptocurrency at the lowest price.

Not so fast before bitcoin price sometimes rises and sometimes decreases. Bitcoin dropped more than 19 percent to a low of $10,969.15 on Tuesday, its lowest since early December, according to CoinDesk. CoinDesk's bitcoin price index tracks prices from cryptocurrency exchanges Bitstamp, Coinbase, itBit and Bitfinex.

There will be a time when Bitcoin will win more ground compared with the 30% that it has now.

It's called a correction. Markets cannot go up forever, or else there would be no value to them as there would be hyperinflation. The markets overshoot up and down continually, and we are in a temporary bear market.

according to me the possibility of why down because the month last month rose so for this month
down in the sense of time to buy because if the price goes up then would be hard to buy
in clay from high prices is very vulnerable if dropped , that's what I think why bitcoin prices go down
when it comes down on buy for supply and when a new ride is on sale

I think the bear market is now finished. Almost all of the top coins are in green and Bitcoin had risen to 10% I wish bitcoin will make another bullish run.