Bitcoin Forum

What is happening to Bitcoin? Why does the pricenkeeps on falling down? The initial result of G20 is favorable towards it so I thought that it will be the start of another bullish chart but it is the opposite. Can someone enlighten me about the current situation of cryptocurrency?

There were reports that Mailchimp started shutting down accounts that is related to Cryptocurrency. You can read it at Cointelegraph. After the news broke out, price of bitcoin dropped below $7,000. Its a good marketing tool but if Mailchimp doesn't want the business of Crptocurrency, there are always other options like aweber, freshmail, and icontact.

It happens everytime when the holidays are coming. Just relax dont look to the graph it will made you stressed and it will caused of panic. This will go back to normal again.

Spring break, people are buying boats and cars.

Unfortunately some big exchanges in japan pulled off and cease it's operation these exchanges are; Tokyo gateway, Mr. exchange, Raimu, Bitexpress and Bit Station. But all is not bad some speculators and bitcoin investor said that this is a good chance to buy more cheap altcoins and bitcoin. It would be unlikely for bitcoin to recover within short term but im expecting a rally after a few months.

I don't panic. I'm just curious because I know that the initial result of G20 was favorable to Bitcoin and yet the price keeps on falling. I trust cryptocurrency.

There were reports that Mailchimp started shutting down accounts that is related to Cryptocurrency. You can read it at Cointelegraph. After the news broke out, price of bitcoin dropped below $7,000. Its a good marketing tool but if Mailchimp doesn't want the business of Crptocurrency, there are always other options like aweber, freshmail, and icontact.
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I already read that news but since it came from cointelegraph, I have doubts if it is legit. Sometime cointelegraph is being paid to spread fake news.

How you know about this? Cointelegraph for me is one of trustable news about cryptocurrency. Did i miss something or what?

There are a lot of news about Bitcoin that creates FUD others have already posted the most recent once. Through our this first quarter there were non stop news about Bitcoin that were not positive which affected the price. Also I know that technical analysis is not that famous on the crypto currency market but still death cross is near and with the current trend most likely we will go below the death cross also a possible reason why prices are falling. Still if you are a planning to hold it for long term just stick to your plans. This market will recover eventually.

it is more like what happened not what's happening. and what happened was a lot of FUD and manipulation, where whales kept dumping until they successfully started the bear market. now there is a large number of investors who took their money out of bitcoin and are waiting for this shenanigan to stop so that they can come back in.
them going out means the way down is a path with least resistance :D

Bitcoin is experiencing a price depression.
Bitcoin prices dropped by more than 50 percent.
This is not good for the fans. Sooner or later, bitcoin will soon be left behind fans.
And they turn to another coin that they think is profitable.

I've read some of the latest cryptonews about the decline of bitcoin but none of them can exactly state the reason behind this dip. Some says that this is still a follow-up of the recent banning of crypto advertisements in Twitter. Well, there's also this issue about Mt Gox Exchange, that the whale just dump his bitcoins off to pay for the creditors. It also says he still has remaining bitcoin to dump and so the price will continue to go down for a while but it will eventually surge up again.

Despite reading the news such as those, I didn't feel anxious or worried. I just thought that the whales in the market are playing their little game of mind and fear manipulation. Only the strongest holder will survive after this.

Nowadats is the trend - falling bitcoin price, i think traders start making moneys on this kind of market

there is so many reason but I think finally bitcoin should be back to its real value, its price was pushed so high in 2017, that's why people call bitcoin is bubble

Many fud news about bitcoin that's why some holders dump there coin and some are panic selling. And i think bitcoin down to 5000$ and many are waiting for that happen so that they will buy at cheaper price.

Very difficult now to see decreasing the bitcoin in these few weeks i see same same groat.

this are all parameters of stabilities,your right that this is a chance to buy more and more coins since this is not permanent..those non believers will cry soon as when they saw the growth.but today all of us must be strong enough to carry this burden because its too hard seeing your investments dying day by day,but you cant do anything to help it.holders needs to experienced this kind of happenings to stay in this crypto world

Even though Mailchimp had not made any public statement regarding crypto news shutdown but it really affects the current situation because crypto investor and holders are always following  and watching on social media and other forms of information that tells the movement and trend of all crypto.

Don't worry buddy.It's just as usual fluctuation occur in bitcoin and which which impact the other crypto currency.Now the market is crash due to some FUD.You  should have some patience at this situation.Since this is virtual currency,the fluctuation in the price of bitcoin and other crypto currency is common.

Bitcoin is good to me and now a days some bad news in the market due to which a heavy price fall raised and now the bitcoin price is 6,656 which is very low as compared to the past and now the people are not active in trading and every one is curious about bitcoin future and it is very surprising for us that after the new year started the bitcoin were not growing and now the price is falling with a steady rate.

Even there is a bullish like the G20 but still there are lot of development that contributed to the falling down like the FB, Google and Twitter ban in which it will be difficult to some users of Bitcoin platform to promote their business and sites. The regulations in which it will be difficult to some investors to directly to pour their money to Bitcoin without completing the KYC application requirements. These are the some of the few reasons on why the price is falling down that i think we should start to use to it if we want not to quit this investment.

I think its too much fud like socmed, google that banned cryptocurrency advertisement. Today's Bitcoin prices dropped dramatically, certainly its altcoin as well. hopefully next month there is good news about this.

Yes, I noticed a lot of FUD's, too. So many speculations on why the bitcoin price is dipping yet no exact answer at all. This only makes the market shaky and unstable as the little fishes with trembling eyes and knees sell their coins. Nonetheless, cheaper coins for us all if bitcoin falls at 5000.

Because of those FUDs and no one can really explain why the price is continuosly going down, I'm starting to believe that there are groups of people which can manipulate the price in the market. Maybe they want to acquire more of it on a cheaper price.

Still many people don't know about G20,so the price falling does not related with that G20 report but if people come to know about that then the condition may change.But the price falling is just normal at the beginning of every year so still we are in the beginning so no need to panic just buy more bitcoin now.

The fall in bitcoin prices is a consequence of speculation. Last year we saw speculators create a deficit of coins and overheated the market. Now they spread fud in order to enhance the effect of panic. Who spread rumors about the sale of bitcoins mtgox? We are told that prices are falling because the Manager sells 200,000 bitcoins. Lol. Only one exchange Methanex in the last 24 hours sold 106000 bitcoins. Compare the scale!

Bitcoin fluctuations is just a normal activity in the crypto market where it drop so suddenly and then came back to it's usual price where it sometimes the increase is much promising. Currently, the price is $7.2K and will be hoping that it will step up in the coming weeks for great comeback. I think this price adjustments is still on the process of recovery for a great bullish run as expected by more people in general.

this is not regular price correction and shouldnt be taken as simple FUD effect.

in 2017, people didnt lose hope for bitcoin but now huge amount of investors are cashing out since they think bitcoin will fall more.

if you were investor before 2017, there is no problem for you. but if you invested in Q4 of 2017 like most of the people, then it is normal to panic.

There are different reports here and there on control of Mail chimps, world bank or finance body. I don't even know which is true, we all can just see bitcoin depreciating. It appears confusing though but I know the storm will be over soon

Yes, just like what I have said, so many news circulating but no definite answers. The only thing we can do is to keep on researching and to wait on how everything will turn out.

 
I actually think that is true. All these whales are creating ripples to alarm the small holders so they'll sell their coins causing a dump to depreciate the price of the coin. And then there they go buying the coins in bulks and eventually increasing the price back up.

The supposed ban of twitter om cryptocurrency and ICO ads might have discouraged a lot of our fellow bitcoin investors from believing that bitcoin could still survive this year due to the consistent bans it have received from countries and decline on support from numerous social media giants. But I don't bitcoin could not carry on this, the valye will stabilize and the price will recover in a few months, I'm telling you.

What comes up in my mind with respect to the bearish dip that it has experienced in the current situation is that whale investors are somewhat like doing the price manipulation that could have been one of the reason for this dips. But definitely, I am expecting recovery in the coming months for bitcoin to bounce back to it's usual price and hopefully will reach at $12k USD.

relax mate, it is not that bitcoin will go to zero.
i think this is the impact of bitcoin hype at the end of last year.
the price was very abnormal that causing the correction to be done until now.

Well we know it is horrible but its common though the price is unpredictable and this is why the bitcoin is risky but if you look on the bright side while the price is still dropping investment on it could go skyrocket and by this i hope the bitcoin will gain the momentum it have to better oncrease its price.

I doubt if anyone can give a honest answer to this. It took a few weeks for people to figure out that the Mt Gox trustee was

dumping 1000s of coins onto exchanges and this triggered a downward spiral in the price. Something like this might be

happening now and we will never know it.  ::) {Something not related to Mt Gox, because that Bitcoin address are being

monitored} ..... If you ask me, I will take a calculated guess and blame this on large traders that are suppressing the price.

People are spending more money when it is a holiday or a break so I think this is exactly what happens since it is the spring break

The bitcoin is going through another market correction as a result of whales dumping their coins. I think there is nothing new to what is happening with bitcoin at the moment. we only need to relax and wait for few months for the bitcoin price to fully recover and then sell our coins for profits. #HODL

Many factors are contributing to it to be honest . All the hustle that is being created by the ad ban and so many things upon it are just leading to be the main reasons why bitcoin is facing such bullish fall . Moreover , a very huge sell off is being reported which further contributed to such a fall . bitcoin is apparently in its lowest right now and is almost hitting $6000.

I also have no doubt that we will come to the norm again, but when will it happen? It seems to me that cryptocurrencies are falling not because of some holidays, but because of cryptos' ads prohibition.

This was expected to happen and the reason was not that of G20 results or something related to G20.The reasons were heavy selling is still going on near the resistance and if this going on then you can see few more 10% to 20% decline in bitcoin price chart. if the chart has to rise then this will be a double bottom and then we will see a good strong bullish candle and then a strong rally, and i think only time will prove my words right or wrong so it is better to leave on future time and till than just wait for the right direction to take some trade.

I am also very interested in this question,even more interesting to me,as the air dropped to 400бaкcoв?if it cost 1,000 bucks?what is the reason?

Bitcoin has gone down a lot in the last few days, and we don't know why it has suddenly dropped. But I don't think it will last long. Many people have chosen to buy bitcoins now, which will give us a lot of revenue and I will be in bitcoin if the bitcoin rebound.

bitcoin is decreasing. Bitcoin market is affected by major countries such as Russia, China. big corporations google, facebook, twiter have stopped advertising bitcoin. The number of bitcoins sold out more than the number of bitcoin bought so prices fell. This puts pressure on managers to find a way to boost the rebound bitcoin.

I really do not know what the problem is. A series of hurdles caused to bitcoin and the crypto market. It's a long chain and the value drops in the blink of an eye. The value of losses is increasing. What will come next, whether we can be patiently hold? How can the market rebound? Too much thought in my head. Including the worst.

With many FUD surrounding bitcoin,i think it will take more time to affect bitcoin price.G20 result is just one good news,but the FUD is keep spreading among us.But i do believe that the price will start moving again when the FUD effect has been subsided and when the summer come.I hope there will be some good news that will make more investor to invest in bitcoin.

Yes nothing unusual, it only repeats its history. Bitcoin is volatile and that is normal. It does not mean that if you're on top you'll just stay there forever, you must fail in order to success. Bitcoin goes down sometimes but it will rise again. We just patiently wait for that time to come. I think big whales are just spreading bad news about bitcoin in order to manipulate and to harvest bitcoins from the panic seller. Whats happening on bitcoin now is normal.

Rumored, that a huge amount of BTC was outputted from someones wallet. Backtrace goes to China. Don’t know whether it is true but everything possibly.

Yes. This is all manipulation. As soon as the whales are purchased, then I think the growth of cryptocurrencies will begin. Prior to that, positive news will have no impact on the market.

Currently google, facebook has stopped advertising bitcoin. The twiter also intends not to advertise bitcoin. This worries investors so they sell a lot of bitcoins to the market. As a result, bitcoin prices fell sharply and could reach the lowest value. I hope that the regulators will have a way to boost up bitcoin again.

Because many a lot of FUD and price manipulation coming recently in the cryptocurrency world. Also many Whales around the world try to spread the bad news to make newbies panic and then they got Bitcoins cheaper...

It is just nothing but the phases that Bitcoin is passing through. The world has witnessed these changes since the time Bitcoin appeared. Its value some times increases and some times decreases so you need to buy in time when Bitcoin is low and to sell in time when Bitcoin is going high will allow you to earn profit. It is the mind of a wise investor.

Bitcoin is curing itself of bacteria and viruses ;D Or maybe the whales starting to die :o

Only manipulation on big scale, strategy of manipulators is to "Spread FUD and Buy again at low price".
They have achieved the target what they were looking for, thanks to panic sellers all around here who have contributed in this price downfall along with the manipulators. Hold on your bitcoins for few months and then you will clearly see the answer of your question.

Well what happens to bitcoin right now is normal.Its value is volatile so you must be aware of that.Dont be afraid of the movement because bitcoin is really risky.You enter the world of bitcoin so you must take the risk either to earn or lose.

Bitcoin is sometimes down but will rise again, Bitcoin is easily changed and it is normal. That does not mean that if you are on top you will only stay there forever, you must fail to achieve success.

A series of hurdles caused to the Bitcoin and Crypto markets. This is a long chain and its value goes down in the blink of an eye, the value of loss increases. What will happen next, can we bear patiently?

I just wait patiently for the time to come.

It is normal that the price of bitcoin is going down because we all. know that the value of bitcoin is not stable. Just relax and this is the best opportunity to add some investment in your bitcoin because the price is a bit low.

I also wonder why the price of Bitcoin fell steadily, whereas the G20 meeting yesterday was positive. probably after the Twitter ban on Bitcoin and Crypto Ads, plus the issue of Banned Linkedin against Bitcoin and Cryptocurrency, which causes the price of coins to drop. but facing this we do not need to panic, precisely this is a good opportunity to increase our investment by buying as many coins.

I think Bitcoin will still go up eventually, anything can happen in cryptoworld. Now even after the long run of recent market dips many blockchain industry will continue innovating their programs. And outside investors are still remarkably optimistics about cryptocurrency markets. And as long as there's still many individuals who beleive and accepting Bitcoin. Bitcoin and other cryptocurrency will continue. Even those many investors are constantly awaiting the rise in bitcoin price, it's because they still believe on bitcoin...

I think there are some reason behind the fall. Japan is closing some bitcoin exchange within a short time. Moreover, Mailchimp is closing the accounts associated with cryptocurrency. I also have invested a good amount. But not so worried truly coz I believe it will raise again.

I think the price drop only to 25%  and though we experience a slumping of price it has regain and it has not drop lower to the worst drop on February 6 which ot went down to 5947k. Now the price is above that and actually rising so i guess this shows improvements.

The depression on the price of bitcoin is mainly because of the banning and restrictions it received from countries and companies that gets threathened by it decentralization. Possibly this is just a way for other countries to give fear to the imvestors so that they will sell and the price does go down. But i am quite positive to bitcoin will regain soon. For the past years it has proven it strenght to continue and stay afloat in the market.

which we know for now bitcoin has drastically decreased the price and we all can not know how the future bitcoin, but I personally have the confidence and patience in investing may the future will be better and growing

What had happened to bitcoin is just normal. Its value is not stable, as investor you should be aware to its ups and down to stop worrying. Sooner its value will go back to its original price or higher than its normal price depending on the markets demand or the number of people investing .

I think the G20 results only make bitcoin values a bit stable. but support from the G20 does not affect when bitcoin gets attacked by fake news, and also big selling of bitcoin done by some whales makes bitcoin fall deeper.

so I thought, it would be hard for bitcoin to rising back. but I heard a lot of people predict that in April bitcoin will go up but slow.

We all know that the price is still falling down these past three months but that is normal as you can review the previous years price. After that dips, I believe that the price will rise up again or bull run. I know that is only part of a Bitcoin cycle wherein we are in the part of accumulation stage and soon the price will hit the highest record or bull run and then correction and so on. All we need to do for now is to just hold and then wait for the best time.

Keep it up stay strong that a part nothing to be feel nervous or panic bitcoin will recover soon just stay think positively

it is normal mate, it is a currency. some times it is increasing and some times is  going down.

Bitcoin falls down but don't ever worry bitcoin will goes up and survive so soon it's a part of btc world

What happens is that we are in a bearish market moment and while this does not change the price of bitcoin and the other cypto will continue in free fall

Inconsitency is a character of Bitcoin. So I would tell every one not to be tensed or worried because of the recent price fall of Bitcoin. All need to be patient and wait for the price to be normal again and hopefully they will not have to wait for much.

At this very moment we all know that bitcoin has a lesser value than of before. It's experiencing a major problem and as you can see the current value had drop. But I think this is just a struggle that's need to be done and we should take advantage of the opportunity to buy bitcoin since its price is lesser and the day will come that its value will rise up again.

Bitcoin dropped to below $7000 now, and price downfall is normal in all cryptos. As we all know, its price solely depends on its supply and demand which is affected by many factors. And i think the consecutive news about bitcoin banning affects its price. First and foremost the banning of crypto exchanges in china, then banning of crypto ads on facebook & google, and now twitter is also planning the same thing. With this, it affects the crypto market thus resulting to its dumping price. Added to this is the left and right panic selling of bitcoin holders.

it is still overpriced, even a 200% growth on where it was this time last year would only put it at 3,000.  Look at a chart since early 2016 and it is difficult to imagine it being naturally above 4,500 at this moment.    You have to realistic about these things.

Bitcoin is dumping, bitcoin is crashing, what should we do now? Sell bitcoin? Nope, we should not sell bitcoin. It is not about the event that is happening now because it is about the power of the investment that we took if it can survive more years and dominate the market for more years. Bitcoin is a really strong cryptocurrency and having dumps like this is a temporary thing that we should not think about.

Bitcoin price is gone mad.It's falling for last couple of months.But don't panic rather try to buy bitcoin in low price so that in future you get more profits.Bitcoin price will soon bounce up as experts are predicting.So don't lose hope, hold.for.little more longer.

These happened for long now price went down and no changes at all. Many had thought the end of downfall but as we can see were not yet in the stage of regaining it's value. A lot of news that affects the price and we should be patient during this bad market.

bitcoin is down to $ 8000. Major corporations like facebook, google, twiter have stopped advertising bitcoin. This affects the bitcoin market and the bitcoin price decreases. Therefore, countries such as Japan should seek to boost up bitcoin.

The collapse of cryptology continues - the cost of all digital currencies, including bitcoin, is rolling down.

Not just corporations .. .even central banks have banned cryptos. ( This time India ).

https://www.businesstoday.in/current/economy-politics/rbi-bans-cryptocurrency-trade-banks-transaction-bitcoin-exchanges/story/274214.html

Bitcoin has finally decided to explain to everybody what it is - volatility, and when it can be really high. Here is the coolest video about Bitcoin and crypto market:
https://www.youtube.com/watch?v=9cyOd_9b1Kg

This always happens every year, so you better do not often, see the red market, because it will make you panic, just be patient all will be back to normal, in the next few months.

Nothing will stop as far as cryptos is concerned, as people have heavily invested in cryptos and the budget will make waves, but with no effect… as time passes by the crypto rates and market overall will keep increasing. Stay strong,be positive .

Nothing is new with bitcoin today. Just the same where anyone can use it as an investment.

We don't know what will be the price of bitcoin in the future so we all hope that soon the price of bitcoin will rise. The falling of bitcoins price is happening yearly so stay calm if you are not satisfied in the price, hold your bitcoin. Always believe in the power of bitcoin. Bitcoin will rise soon.

In any market there are cycles. Under the G20 set up a short-term growth cycle, in order to give an imaginary hope for a reversal. But in the medium-term prospect of Bitcoin is still in a correction. That's OK. Worry about it is not necessary. It would be strange if he grew up after December, in which case the decline would be even stronger

What is happening to Bitcoin? Why does the pricenkeeps on falling down? The initial result of G20 is favorable towards it so I thought that it will be the start of another bullish chart but it is the opposite. Can someone enlighten me about the current situation of cryptocurrency? this are all parameters of stabilities,your right that this is a chance to buy more and more coins since this is not permanent..those non believers will cry soon as when they saw the growth.but today all of us must be strong enough to carry this burden because its too hard seeing your investments dying day by day,but you cant do anything to help it.holders needs to experienced this kind of happenings to stay in this crypto world

Bitcoin is volatile and that is normal. It does not mean that if you're on top you'll just stay there forever, you must fail in order to success. Bitcoin goes down sometimes but it will rise again. We just patiently wait for that time to come.

I think a lot of investor sell their bitcoin and transfer to another coin or token that can get a profit. Because bitcoin holders decrease and all negative news affects bitcoin.