Bitcoin Forum

Hello good day!
I'm still confused about the value of bitcoin now.
Why still dropping rapidly?
Do you have any idea what is the main reason?
And what to-do? to unraveled this propositions.

Your opinions is highly appreciated .

Topic: why all coins are dropping? https://bitcointalk.org/index.php?topic=2770715.0
Topic: Bitcoin value is getting worst https://bitcointalk.org/index.php?topic=3235392.0
Topic: 2018 Cryptocurrency Crash (Elliott Wave) https://bitcointalk.org/index.php?topic=2711461.0

Well bitcoin has already stopped dropping and is standing now at 7k$. But we still dont know if it will go down knowing that bitcoin etf was already approved in the United States of America  by the SEC. Thus, possibly a spike will be starting this week and if not bitcoin will go down again to 6500$. But I guess the bad news about bitcoin that caused the falling value recently had no longer an impact on bitcoin holders thus it is a rising trend this week possibly.

Currently Indian government some regulation is created in the country. But Many peoples are wrongly understand the situation so this drop is continue in the market. This will recover soon we must hold our investment it make big profit in future. Today market is little green I think many big whales are buying the Bitcoin. The current market is unpredictable so we don't judge the future possibilities.

There is nothing you can about the bitcoin prices as we have little control over it. The only thing that you can do is to hold it a little longer and wait for it to regain value

bitcoin is in competition with countless altcoins now, soon the us dollar evaluation becomes insignificant

Bitcoin is still dropping because there is still way too much supply of bitcoins in the market and there isn't enough demand and people aren't buying up the coins fast enough from the market to balance out the amount of supply that is pouring into the market. The fact that a lot of people are panic selling now that the price is down is not helping either as they are just contributing to the drop in price.

are you blind?

fighting witgh 2000 other cryptocurrencies for attention, the environment has changed.

Yes, no one has comtrol about it, it was depend on the demand of it in the market. Keep holding bitcoin and trust on it that it will increase again. Maybe there is something that they are fixing on it. Aside from that bitcoin was now competing to other altcoins. But I still believe that bitcoin can overcome it.

It isn't.

https://www.tradingview.com/x/W7IxdMYs
https://www.tradingview.com/x/W7IxdMYs

It bottomed out on the 6th February and has been consolidating since then. That's a not a prediction as to what will happen next but it is wrong to say that it is still dropping rapidly.

There are hell lot of reasons to cause the drop in the price of the bitcoin, and trust me this is not the only reason!! There are many events happening around us and these are making the bitcoin price fall deplorably. And also the price right now is stiff, its neither dropping nor rising!! I also think its the right time to invest your bucks in the bitcoin because price rise era is soon going to come and surely everyone will make good profits.

It is still dropping and will drop more too because regulations started, so this is an uncertainty and risk for investors so they are dumping their coins, also technically it needed a correction for sure.

currently the price of bitcoin still always drop and collapse seems to be because a lot of bad news that makes the price of all cryptocurrency down not just bitcoin alone but all of them move stable and tend to go down.

Now bitcoin for technological reasons is not able to serve as a payment protocol a large number of users. Whether he will cope with this task in a worthy manner in the future, for the majority remains a matter. Another problem is related to the status of bitcoin in the legislation and how this will affect its use.

Today some countries create "crypto-currency oases", while others, on the other hand, place bitcoins outlawed. So, for example, in the world there are two largest economies - the US and China. And both went to tight regulation of the crypto-currency market. Whereas Belarus or Gibraltar, on the contrary, are building a legal field that is comfortable for the development of the crypto industry.

In addition, today the crypto-currency market, despite the hype around it, still remains technologically incomprehensible to the mass user. Large investment players come to him. In the future, according to many forecasts, this market will become as ungovernable and inaccessible to the ordinary mass investor, as well as the traditional investment sector.

Today, in conditions of uncertainty, a lot of "old" coin holders, as well as start-ups that the ICO recently conducted, are trying to fix their funds, exchanging bitcoins for fiat currencies.

because a lot of negative news is so panic that many investors who sell their bitcoin make the volume of bitcoin in the market increases which causes bitcoin prices to drop

According to Technical analysis now we see simple correction. It is natural rule for any type of markets. I think that now the price can drop under 5K$. And recovery will start in the second half of this year.

The main reason for Bitcoin's dropping in the last week was the payment of taxes by the main crypto exchanges, which must be completed by April 15. In this regard, large amounts of crypto-currency are deduced into US dollars, which causes bitcoin to fall.

Well yes bitcoin is competing dollar and USD bitcoin is at the top of all currency, nothing us at the front of bitcoin, we know in future now currency will come across bitcoin, bitcoin price never remain same for long time as it use to increase and decrease but we will have to manage our life with bitcoin, no need to panic try to buy more, selling bitcoin at dropping price is the false decision, hold your bitcoin never panic it. Sure you will get profit at the end.

I hope it is the decision of it's committee's. Because when it's prize is low people are is highly interested to invest it. So I think committee proposely down it's prize.

Well, I think that bitcoin's price had dropped is due to whale investors manipulation, FUD and negative media news. Despite of the drop in the current days, bitc had never dropped below $6k which is not that bad enough and maybe it could be an adjusting period for bitcoin. This will recover few weeks from now and be back at $7.5K  where it was before.

Maybe the price of this bitcoin is due to the news of Facebook and Google who want to close the bitcoin from them, but you do not fear because this could be your opportunity to buy bitcoins at low prices, take the opportunity.

several factors can cause bitcoin prices to fall, such as the prohibition of bitcoin use from a country. Economic, social, legal, political and other factors cause the decline of bitcoin prices. for that we should be able to see well the development of bitcoin with a broad insight about a condition in each country especially associated with bitcoin.

Because of events and spread by social medias.
Its either True or False news creating FUDs and causing g panic selling.

Well that must be the most common answers that roams every thread here. But honestly, this event might always take place. It quite irritates me reading g bunch of comments like this but somehow it always have a point. It is on repeat.

Well as we all know bitcoin is for worldwide use. Some countries might have banned it but it does not mean that they can not access it anymore.
The fact that it is universal, there are big issues that could occur anytime.
In a single country, there are hundreds of problems. How much more that it is being used by every country in the world right.

There was a rumour in the market that popular crypto exchange Binance has been hacked in an attempt to influence Viacoin’s price. Securities Exchange Commission (SEC) issued a statement last month that cryptocurrency platforms should not be called by the name of exchanges since it creates an illusion of regulated activity. Investors are misguided in believing various online trading platforms to be SEC-registered and regulated marketplaces when they are not, SEC said. Even the Financial Services Agency (FSA) came out with a statement that domestic cryptocurrency exchanges will be suspended. All these factors lead to a dip in Bitcoin price.

There are so many factors why bitcoin price are droping example is regulations from other countries some country are banning bitcoin or doing a legal action about bitcoin. The second one is the supply and demand there are so many bitcoin that circulate but the demand are so low. The third one is media there are so many news regarding bitcoin lots of this news are negative this also a huge impact to its current value.

Because investors keeps dumping their bitcoin that's why the price keeps dropping. As to what the reason behind, maybe they have lost trust on the ecosystem, simply cashing it out or they are afraid of the heavy regulations coming from the government. As what to do, if you have still faith in bitcoin, like most of us, you should just hold on your coin and wait till till the price bounce back in the next coming months.

There are many reason why bitcoin price is dropping. It's because of some exchanges in japan ceases it's operation, Google, facebook, reddit and other platforms are going to ban Crypto mining and ICO advertisement. US exchanges are being taxed by it's government. And some people are panic selling. We might see a bullish run after this events.

there is several factor that caused bitcoin dropped. supply and demand is major factor. the negative news also affeceted bitcoin.

I think this decline is caused by the lack of buyers in asia.
And many countries are starting to ban bitcoin.
one of which south korea has drafted rules to ban virtual currency trading last week.
this makes bitcoin prices and a number of other virtual currencies plummeted dramatically.

Bitcoin price is still down because supply is still a lot of demand, currently stocks of Bitcoin a lot because the sales are done by investors a lot at the time of the price of Bitcoin down lately. And currently there is no great demand for Bitcoin so the price is still stuck under and not yet able to rise. perhaps the second half of this year, new investors will invest more in Bitcoin. and at that moment maybe the price of Bitcoin will start to rise.

Bitcoin dropped dramatically as the user's interest in digital money began to shift to other types of digital money such as Ripple, Litecoin, to Ethereum.
Although these Bitcoin competitors are not very popular, they are said to have a potential that is not inferior to Bitcoin. This one Bitcoin competitor began to be developed since 2012 by former Bitcoin developers who from the beginning are considered to be a successor to Bitcoin. Moreover, Ripple has managed to become one of the payment system until remittances through banks around the world. therefore, Ripple is not just a mere currency, but also a system that allows each currency to be transferred or traded by anyone. these competitors are making bitcoin prices down

I've heard that bitcoin would dump to $4,000 because of this bearish trend and a lot of FUDs are happening in some countries like USA. We don't know when this will be over for us to sell our bitcoins and other coins to have profits in all of the hodl we made.

Don't worry when those investors kept dumping, its a good signs that bitcoin will pump because the demands really increased so far. Even this showed a dumping stage, but I don't think so it will affect bitcoin to drop more ans hopefully this month it starts to pump slowly. However its hard to predict but we should hold for better future in order to have sustainable asset.

Bitcoin dropping and dropping for less investors. The less investors the less bitcoin price value. Sometimes it goes down because there are whales beyond this cryptocurrency place. They are the reasons too why bitcoin decreases.

I think bitcoin is dropping because of some rumors and indian governement. I don't think it will drop anymore. I would advise you to stop worrying about the price and give a few months to earn some profit. Good luck

Bitcoin is an inconsistent Cryptocurrency and it is very natural to have ups and downs in the price. But the price of bitcoin is conituously falling maybe because people are understanding the market situation wrongly and taking wrong decision being panicked which results to the downfall of the market. 

The cause of the current decline in bitcoin prices but does not show an increase, as unconfirmed rules yesterday made every country not to the bright spot between legal and illegal, they are still awaiting a decision so delaying to invest in bitcoin, of course, can hinder the movement for current rises, there is no consistency of market rise. Maybe this is actually inhibiting bitcoin, people are still a lot worried if investing from now on.

where man, i see it's growing. and it will grow more and more. just keep patience. and don't do panic. It will kill your inner peace. have patience for a while, we are gonna boom.

Bitcoin itself is as consistent as ever, the market isn't. It's important to refer to the market rather than Bitcoin itself when it comes to inconsistencies, fear of regulations, etc. While noobie people say they lose confidence in Bitcoin because of the decreased price, others are using it as opportunity to enter the market at appropriate levels. If we also look at the mining difficulty this year, then despite the price that people here consider to be low, the mining difficulty itself has been increasing nicely. At the time of reaching the lowest point of $6000 this year, the mining difficulty jumped up with more than 10%! It kept increasing afterwards, and the next difficulty adjustment indicates a 9.5% increase. Doesn't seem like a lack of confidence, or does it?

Soros is cornering the market.

Hold until 2026.

I think that if China government when they turn ICOs and crytpo exchanges closed, did not effect that bitcoin price too much, i think a temporary panic was there, so Korea  contribution is nothing as compare to China therefore i do not think that it will effect the bitcoin price too much, in fact in current time a lot of negative news are there, which are making the investors a little more cautious  and investing their money in bitcoin with intense care, therefore the demand of bitcoin is low and the price is also dumping a little but hope very soon the condition will come to normal.

It seems this is going to be the question we are going to be having for days now as bitcoin keeps showing itself like it is about to hit the ground floor the more. I see no reason why anyone who is long should be bothered though since this is something normal with the market.

The market has a great future and I believe that is what everyone should be seeing now and what is happening in the market is because the big guys do not want to buy at the top and they are trying their best to shed off weak hands knowing there is a great future for the market and would rather be holding a strong position. You should be buying more as it goes lower if I were you.

I guess we will have a lot of reference for the future to revert back to once the market recovers lol. It is normal to get questions like this from newbie investors when the market is behaving this way, so I am not really surprised. Confusion is a normal thing that would happen for those who did not take their time to understand the market or their area of investment before deciding to get in. This is a volatile market, but volatility does not make it doomed like some are saying, and if anyone wants to panic, then they really should not be investing long term.