Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: monchi on March 22, 2018, 07:01:21 PM



Title: The bitcoin why Bitcoin's price fell.
Post by: monchi on March 22, 2018, 07:01:21 PM
This is a post that came from bloomberg. The news seems credible since it came from a well known site.

The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.

Binance told Bloomberg News in January that it was working to acquire a license in Japan so there is nothing really to worry about.
Binance will surely comply with that since it will also help their exchange be more reputable and legal.

Link to the post:
https://www.bloomberg.com/news/articles/2018-03-22/bitcoin-falls-after-report-that-binance-faces-warning-in-japan


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: ragavancoin on March 22, 2018, 07:08:48 PM
Yes you are right now days Bitcoins price depending with news because of we get positive news about Bitcoins that time btc value will be increase, if we get any bad news about Bitcoins the value will be automatically decrease so we have to wait any good news about Bitcoins to bounce back to 20k Mark.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: NeuroticFish on March 30, 2018, 07:37:52 AM
The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.

There was another news, about one week ago, that Binance is about to move to Europe (I think it was Malta). If so, I guess that they don't need anymore the Japanese license. So this should not affect the price at all.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: Wipro on March 31, 2018, 02:27:40 PM
The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.

There was another news, about one week ago, that Binance is about to move to Europe (I think it was Malta). If so, I guess that they don't need anymore the Japanese license. So this should not affect the price at all.

Most of the Chinese exchanges are already planned to migrated from their place to Europe and North American countries. Hope every exchange will settle soon and we will find the bitcoin and other alts bumped back in the market again.
When comparing with yesterday and today we see 5 percentage price growth in the BTC. So no more dump in the market again I expect.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: maximkretov on March 31, 2018, 02:41:02 PM
the fact that now there is a correction. the correction is called short term depreciation after period active growth and it is absolutely normal it happens almost all the time, especially when growing the active if was very strong growth in the top I think he will go much lower


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: St4yInTh3D4rk on March 31, 2018, 02:44:48 PM
The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.

There was another news, about one week ago, that Binance is about to move to Europe (I think it was Malta). If so, I guess that they don't need anymore the Japanese license. So this should not affect the price at all.

Most of the Chinese exchanges are already planned to migrated from their place to Europe and North American countries. Hope every exchange will settle soon and we will find the bitcoin and other alts bumped back in the market again.
When comparing with yesterday and today we see 5 percentage price growth in the BTC. So no more dump in the market again I expect.
But still the price is falling,it is now under $7K,waiting for it to bump again,Hopefully.I don't even know why the price is falling this much because people are holding their bitcoin since the exchanges have no traffic then how the price keeps decreasing.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: emmmmm on March 31, 2018, 03:04:04 PM
Binance has moved to Malta, a country that has been reluctant to accept binance.
Malta, however, has a supportive attitude towards cryptocurrency markets.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: Docnaster on March 31, 2018, 03:09:38 PM
The bitcoin why bitcoin's price fell? Something about that sentence seems odd, can't place my finger on it.

The reason bitcoin fell is obvious, certainly a warning to binance wouldn't be sufficient to cause such a striking drop in value over such a short time-frame. In my opinion, the dip is due to Facebook/Twitter/Snapchat all banning ICO ads, and partially due to reddit not accepting BTC as a payment method anymore.

There hasn't been any positive news to negative these, so the headlines have spread like wildfire, making cryptocurrency seem like a poor investment to most non-experts. Over time, the negative hysteria will die down, and we will see an improvement in the conditions. Remember, just 3-4 weeks ago we were in the exact same position, and then BTC recovered to ~$12,000.

It's not over yet. Keep hodling.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: mutrang23 on March 31, 2018, 03:15:09 PM
Bitcoiner said that Bitcoin was down because it was a significant price adjustment period after what it had achieved at the beginning of the year. But a great deal of pressure from many countries to launch a ban on Bitcoin has plagued it quickly.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: saiful1234 on March 31, 2018, 03:32:39 PM
Bitcoins price depending with news.It was down because it was a significant price adjustment period.The fact that now there is a correction. The correction is called  short term depreciation after period active growth.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: mrtryonebiggums on March 31, 2018, 03:38:32 PM
Bitcoiner said that Bitcoin was down because it was a significant price adjustment period after what it had achieved at the beginning of the year. But a great deal of pressure from many countries to launch a ban on Bitcoin has plagued it quickly.
I would also argue all the fake bans coming from China, India, South Korea have effected the markets heavier than any one singular news piece. Also the level of FUD and fake news that surrounds Bitcoin is astonishing to say the least, people need to think critically for themselves before reacting. Unfortunately that isn't the case and that is why you see many people dump upon hearing the "news" without even fact checking it or seeing if it has any basis in real life.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: Dirk2017 on March 31, 2018, 03:42:31 PM
Bitcoins price depending with news.It was down because it was a significant price adjustment period.The fact that now there is a correction. The correction is called  short term depreciation after period active growth.

For me its expected that the bitcoins price will go down because last months, december 2017 to be the exact price of bitcoin rise up, reached up to $19000, its weird if bitcoins price will always go high, so dont be worry if the price of bitcoin is falling , its normal just wait bitcoins price will rise soon.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: Anies_Sandi on March 31, 2018, 04:01:58 PM
Bitcoins price depending with news.It was down because it was a significant price adjustment period.The fact that now there is a correction. The correction is called  short term depreciation after period active growth.

For me its expected that the bitcoins price will go down because last months, december to be exact the price of bitcoin rise up up to $19000, its weird if bitcoins price will always go high, so dont be worry if the price of bitcoin is falling , its normsal just wait bitcoins price will rise soon.
waiting for it we have to do. but by waiting we should do a good thing to build bitcoin


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: Amelial on March 31, 2018, 04:07:35 PM
Bcos many people to sell btc


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: JeBro on April 02, 2018, 10:49:33 AM
If you look at Bitcoin from the technical analysis point, then its price now stands right in the middle of the ascending and descending channels.
If the price falls below $6000, it will go even lower. If BTC goes up, it will reach 9500-10200 USD. I think about 2 more weeks BTC prices will be in the flat.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: liuqi on April 02, 2018, 01:08:59 PM
If you look at Bitcoin from the technical analysis point, then its price now stands right in the middle of the ascending and descending channels.
If the price falls below $6000, it will go even lower. If BTC goes up, it will reach 9500-10200 USD. I think about 2 more weeks BTC prices will be in the flat.
Bitcoin is again pump in the market because many peoples are interest to buying bitcoin. It is good time in cryptocurrency so this month huge pump is expected in April 15. It will reach 14k USD is possible in end of this month. So bitcoin will never failed in future. All the traders are like to invest in this moment. I hope bitcoin is always controlling the crypto platform.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: peter0425 on April 02, 2018, 01:33:19 PM
If you look at Bitcoin from the technical analysis point, then its price now stands right in the middle of the ascending and descending channels.
If the price falls below $6000, it will go even lower. If BTC goes up, it will reach 9500-10200 USD. I think about 2 more weeks BTC prices will be in the flat.
Bitcoin is again pump in the market because many peoples are interest to buying bitcoin. It is good time in cryptocurrency so this month huge pump is expected in April 15. It will reach 14k USD is possible in end of this month. So bitcoin will never failed in future. All the traders are like to invest in this moment. I hope bitcoin is always controlling the crypto platform.
Seriously dude that is one bold prediction about bitcoin being pumped to $14K this April although at least we are in a green right now. I guess we need to wait that April has to offer and all of us are waiting for at least a decent rise to $10K it everything work on our favor.

The price didn't fall below $6K, but there are a lot of predictions that it may come that deep, even to $2K-$3K. It looks like investors can't resist when the price goes to $6600-$6800 and now we are just above $7K. Hope that we can really recover this month moving forward.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: pokang13 on April 02, 2018, 02:09:48 PM
For me, that was normal to the cryptocurrency for the price to fell and also of the bad news who affects the people and the effect is to run sell and that was bitcoin price fell happens.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: paynercash on April 02, 2018, 02:09:53 PM
What i really can't understand is why the fall in the price of Bitcoin is affecting the other alt crypto currencies. I thought that a fall in the price of Bitcoin should cause an increase in the price of the other cryptos
The Cruypto market has a synergistic effect, they have resonance, BTC is seen as the leader of the Crypto market. If the lead is down the price will lead to other altcoin. Although they do not affect much, altcoin prices depend on supply and demand. When there is no good information will make investors sell all their altcoin hold.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: zsoul on April 02, 2018, 02:10:13 PM
It fell because nobody was buying, and everybody is scared.

Probably the best time to buy imo.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: grabpopcorn536 on April 02, 2018, 02:41:52 PM
This is a post that came from bloomberg. The news seems credible since it came from a well known site.

The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.

Binance told Bloomberg News in January that it was working to acquire a license in Japan so there is nothing really to worry about.
Binance will surely comply with that since it will also help their exchange be more reputable and legal.

Link to the post:
https://www.bloomberg.com/news/articles/2018-03-22/bitcoin-falls-after-report-that-binance-faces-warning-in-japan
I do not think that the prices of the Bitcoins have fallen, but they are only volatile at times, maybe the currency on the market fluctuates in a day or perhaps a week, but they always have traces. Recovery after those times.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: 19nataliya12 on April 02, 2018, 02:56:20 PM
In social networks and on sites there are different experts, and everyone has his own opinion. They say about:

imperfection of Bitcoin;
charges of "terrorist" transactions and financing of prohibited structures;
absence of anonymity;
restrictions in a number of countries;
the appearance of altcoyins;
"HYIP" of the founders (and comparing the Crypto-currency with the pyramids);
attacks by hackers;
the complexity of "mining coins" because of the appearance of "Asikov";
market manipulation;
risk of a critical error;
fork dominance;
trends that are visible in the course of technical or fundamental analysis.
If at the end of 2017 people ran to buy coins and discussed the reasons for the sudden growth ("shot") of the cue ball, in early 2018 they began to worry: "Why is the bitcoin rate falling and how long will it last?" We will try to understand the likely risks and factors affecting prices.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: lodcoling on April 02, 2018, 02:56:52 PM
It seems to me that, the price of bitcoin fall due to rumor spread over facebook, tweeter and other social media. I think it well recover soon and got back its earlier position shortly. So, its time for the investors to hold the bitcoin and make new investment for better achievement. There is a news that Japan’s Financial Service Agency was said to be planning to tell Binance to stop operating without a licence. But the BTC market growth is very rapidly. So, I think it will be the main get way to International Payment system  very soon.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: NeuroticFish on April 02, 2018, 05:57:35 PM
In social networks and on sites there are different experts, and everyone has his own opinion. They say about:

From what I know, most of that FUD is old. Maybe it can keep away some fearsome older people from investing into Bitcoin, but I don't expect to affect the market much now, after what's happening since December.
But I feel like the real investors still wait, maybe they can buy in even cheaper, since they've seen that even $6000 is achievable.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: Harper6 on April 06, 2018, 02:54:59 PM
Marinecoin is currently conducting an airdrop open to anyone.  Simply help promote their ico and  receive 20,000 MTC daily.  The system is automated using artificial intelligence.  Jarvis is the AI handling the reward and payout system for a DEV-less form of distribution.  9 billion coins are being offered up in the reward pool 20,000 MTC at a time.    They are using time dilution technology creating self sustaining value.  Claim yours by joining the Marinecoin community on their website.    marineco.in/ico.
Join the discord group to talk about this project. : discordapp.com/invite/zpQyDu6 or telegram:  t.me/MarinecoinMTC
Well yes the other coin will be promoted that’s not good at all, but mate even after that much popularity and fame bitcoin is still unbeatable, bitcoin is a currency that never lose the fame and the trust of investors because it has become a trust worthy investment now, bitcoin is getting more and more popular now people are helping the price of bitcoin to be high once again the best if you will hope for the best and will not panic bitcoin will be the only currency that will be investing in future.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: dxme2x3 on April 11, 2018, 12:17:50 PM
Would you like to receive 20000 MTC per day? Marinecoin MTCs are testing and giving each person 20000 MTC. It is a coin based on artificial intelligence, with Dev-less distribution it will be truly fair. Mtc guarantees fair distribution for all. Javis uses artificial intelligence. for proof of promotion. join here marineco.in/


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: Josiah Dave Leonor on April 11, 2018, 12:29:42 PM
Well yes the other coin will be promoted that’s not good at all and Maybe it can keep away some fearsome older people from investing into Bitcoin. There is a news that Japan’s Financial Service Agency was said to be planning to tell Binance to stop operating without a licence and its normal just wait bitcoins price will rise soon. And that's all i know


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: krishnaverma on April 14, 2018, 02:48:35 PM
This is a post that came from bloomberg. The news seems credible since it came from a well known site.

The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.

Binance told Bloomberg News in January that it was working to acquire a license in Japan so there is nothing really to worry about.
Binance will surely comply with that since it will also help their exchange be more reputable and legal.

Link to the post:
https://www.bloomberg.com/news/articles/2018-03-22/bitcoin-falls-after-report-that-binance-faces-warning-in-japan

Yes, any big issue with a leading exchange can cause such price drops. Recently , in India a exchange called coinsecure got hacked and about 420 bitcoins got stolen from their website. It affected the price on all Indian exchanges. Such kind of news create fear in the mind of people.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: Dudeperfect on April 14, 2018, 03:04:46 PM
It was the decision of big whales to get out of Bitcoin and booking profits when the price was trailing all-time high. Since we don't have that maturity as of now, it created a panic situation in the market and pushed the fear of missing out among the investors resulted in a market correction. Now from this point, I believe that we will see a sustainable increase in the user base and indirectly in the price along with the overall maturity as a user.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: Ghayoor on April 16, 2018, 06:15:53 PM
For me, that was normal to the cryptocurrency for the price to fell and also of the bad news who affects the people and the effect is to run sell and that was bitcoin price fell happens.
i think a lot of people they are holding bitcoin this can also be one of the reason but i think its normal and its price will go high very soon.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: AlexAtom on April 17, 2018, 06:02:29 AM
But for now bitcoin price is slowly increasing from the dips.
i hope no more bad news or fud that causing bitcoin price fall drastically.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: shawn995 on April 17, 2018, 06:14:13 AM
It was the choice of huge whales to escape Bitcoin and booking benefits when the cost was trailing record-breaking high. Since we don't have that development starting at now, it made a frenzy circumstance in the market and pushed the dread of passing up a great opportunity among the financial specialists brought about a market amendment. Presently starting here, I trust that we will see a supportable increment in the client base and in a roundabout way in the cost alongside the general development as a client.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: golem999 on April 17, 2018, 12:32:09 PM
The value of Bitcoin fell below US $ 9,000 Overall, the virtual currency market weakened 50 percent compared to January 2018 high The bitcoin price decline after investor concerns was associated with increased regulation in India and potential price manipulation in several major exchanges. 8)


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: rhana_ on April 17, 2018, 12:48:13 PM
one of the cause of price bitcoin fall is South Korean government plans banned trade crypto known that trade cryptocurrency in South Korea reach 20 - 30% of the overall trade coin throughout the world that with the threat of the government to prohibit the trades crypto there raises concerns the infestor and soon interesting infestation of them.


Title: Re: The bitcoin why Bitcoin's price fell.
Post by: vanjava on April 17, 2018, 01:06:23 PM
I also wonder why bitcoin prices are currently declining. According to my estimates bitcoin prices are influenced by many factors one of which is negative news so that the reputation of bitcoin decreases and the price as well.