Bitcoin Forum

As to this writing Bitcoin price is $8,618.99. Bitcoin price is really unpredictable. This is maybe because some of the countries Government does not consider cryptocurrencies a legal tender or coin and some of them take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system.

Yesterday the price of bitcoin reach more than 9100$,by seeing the value people from India may sell due to panic.It may be the cause for the price fall.Asusual when the selling of bitcoin is increased, price will reduce some how.

Exactly, it is unpredictable since it is an open market where virtually everyone on Earth can take part. Recently, many governements starting to notice the impact of Bitcoin to the economy and decided to take some control over it.

I really don't know what's going on right now. First off, FUDS. These FUDS really affected the price of bitcoin and right now? I don't know what's going on anymore. I think, something like it is just natural because the market right now is bear. I have something I saw from a group in fb that bitcoin will retain its position at 5k from right now to May and will go to 10k-11 in December 2018. I don't believe in that thing but I just shared that in here.

I think now people are more scared to invest on the bitcoins because of its too volatile with the price before a month the price is nearly $20K but now the price is around $9K just down to half in a very less time period so people lose interest on crypto currencies.And the other factors are regulations from many countries od crypto currencies so the people of that country don't contribute for a while because they don't know the exact status there so it needs some time to recover from these kind of issues.

Nobody sells bitcoin for fun, there are severals reasons why they sell bitcoin. First they might be facing a cash shortage and they just cash their bitcoin out to get cash flow. Second, they could be making profit realization. Third, because of their county, they might be afraid of rigid government.

Bitcoin is going down because the demand is too low: like in 2017 there were so many traders, but now i think the traders take a rest. That would explain why the demand is too low.

I think the reason why Bitcoin price is going down because of the FUD that India and South Korea banned it. There are some news that those fake news were manipulated by the whales so that they can add more Bitcoin and altcoins on their investments. Do not panic. After a few months, everything will be ok.

Yes, because governments all over the world are working together to bring bitcoin and crypto to its knees. They are really afraid how disrupted it is, but it doesn't make sense at all. Why the hell will it be disrupted when only a few % of the total population on the planet have been into crypto? If they are afraid that its being used by criminals then they can easily track it down in blockchain network.

I really thought that we are in the process of recovery, but I spoke too soon. It looks like that it went below $9K. Investors are really afraid and just want to wait it out. This is gonna be long so that best thing to do is just hold on our crypto assets.

all the price altcoin and bitcoin now experienced a drastic price reduction, seems people who hoby do trading sell and buy, must be careful because it is not obtained a profit that can be even big losses. I hope all the price bitcoin and altcoin come back up like the on previous price.

if you looked back since 2014, bitcoin drops every january-february in every year since 2014, i don't know it accidental event or no but it already happened 4 times in a row. maybe this is a strategy for long time traders ( the whales ) for getting lots of money with not much effort in trading (they just entered at the right time and if they sell the price will going down so deep)

and also that affect the price of bitcoin down is because many amateur investors are scared by the outstanding news, about FUD. I'm afraid they dare to buy high prices and sell cheap. so, this is wretched. In some exchanges, I see a lot of people selling their BTC when prices go down rather than buying making demand decrease.

Until the prices dropped to 10K or even 9.5K then it was predicable from the few factors as to why the prices are going down. For example, until the mentioned prices were reaching there were many bans that happened like Indonesia, Korea, china, etc. The after was supposed to be panic sell and thus the fallen market cap. The result was lowered value without any further explanation not needed. Also, later on we had the lunar new year and people were cashing out everything for their personal use. So, that one was explained!

But the later part where we are going down to 8K etc, is really bad move of the bitcoin. This I dont really think is good sign of anything. There is not even big news thats coming which can make the thing worst. We need real answers for the later part as it is going off the chart really.

yes, one of the factors due to some prohibitions and rumors that occurred, the result of the correction that occurred in 2017, bitcoin rises fairly quickly. the current impact of the correction occurs and plus some rumors such as the ban. this is what makes bitcoin down according to my understanding.

Weak demand and very bad news coming out almost every day. People are cashing out on massive profits.

Because people had much BTC sell much BTC and made BTC fall down and make the price low

The market value of bitcoin now a days is seriously dropped to its lowest price on this year 2018, and it's maybe because of those FUDs or fake news that are spreads all over to some crypto news sites. That can cause a panic selling for those bitcoin holders that are afraid of losing more of their capital that leads them to loss a lot of money instead. But i think it's only a tactic of those big time holders to manipulate its price, so they can make their investment to a cheaper price and make a huge profit when the bitcoin price is coming back to its highest price after the dropping.

bitcoins have been volatile from day one , so once you find that speculation in the market has increased you can also expect the volatility to increase some countries have tried to cull the use of bitcoins but are they successful in doing that , the answer is always no , what they are creating is a black market type situation which will eventually fuel the price volatility of bitcoins. Governments the world over continue  express anti crypto currency sentiments so even though this isn't directly responsible for the fallout it does contribute .

First of all, Bitcoin is very volatile the price may increase and decrease for a short period of time. We will see a good bounce back very soon as we encountered many fud news this month it will be good after rain and when there's rainbow Price will increase gradually!

This is already been expected from a long time ago bitcoin price is unstable.We really don't know the action of some big country sometimes they really do an action that the people around may dis courage in bitcoin and they really gain from our fear.People around may do panic selling on this huge dropping  of the bitcoin price.My suggestion is we really need to hold don't let that there are some people who gain from the fear of ours.

Bitcoin can going down more some days I think.

When bitcoin was rising astronomically in 2017 and reached $20k was anyone asking why bitcoin was going up? No? Thought so. If you had, and you understood why, then you'd know why bitcoin is going down.

The drop directly correlates to the announcement from the developers that the fork is no longer going ahead. 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. 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. 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. Bitcoin is and will be the king for at least next 4,5 years. Keep calm and trust Bitcoin

It's a matter of community, honestly, by what china and korea did to a bitcoin is, has a big effect in bitcoin price. Chin, as we all know is banning bitcoin, and also the south korea, and every country has what we called, a regulation. All of this is affecting bitcoin community to get decreased.
And affecting it's price because of the bitcoin supply increasing due to a community lost of bitcoin.

the same thing look at the very good bitcoin price at any time higher, it makes alt can not have good power.

I think the bitcoin price is going down cause of the regulations from the governments.
A lot of countries decided to start a war against cryptocurrencies...

Yes it is true of your opinion and I agree with your opinion about the decrease of bitcoin. Sometimes they just bluff to lower the price of bitcoin so that bitcoi cheaters can sell for free.

Or it could be just a big trade that is happening now.

It is normal, you see it everyday with bitcoin and sometimes it goes way beyond this fluctuations that we see.
Never get used to the time when bitcoin stays silent. It is like a sleeping dragon that eventually wakes up then jumps again to a higher price.
Advice: HODL

maybe it will going down further.
bitcoin price is still unstable at the current condition in crypto market.
but as a holder, we must hold our bitcoin for the bright future.

I think its not, because bitcoin is no central control so its hard for government to regulate the system. Maybe because there are market manipulation or in the blockchain as we know the fact that the value is depend on the supply and demand or let say that bitcoin rivals has buy a large amount of bitcoin so making it price going high last past few months and now they are selling them all that causes the abrupt falling down of bitcoin value and the effect is there is a panic selling and all big investors are now afraid to invest for bitcoin.

It is really in the nature of the bitcoin world to have a roller coaster rate. We really dont have any idea when it will get higher or lower. Going down the bitcoin price is very advantage to us for buying and saving bitcoin, coz if bitcoin will rise someday what we buy in the lowest price will benefit a great profit when the time comes.  so beter save now, buy now, and sell later.

Better if you try to find the similar thread before you ask about this. So many same questions about "why bitcoins down" in this board (bitcoin discussion) and you will find the answers.
And for answering your question, I told you with a simple word : Correction.

buy the dip, I reckon it won't take long to recover once mainstream media settle into crypto being the norm.

It's not possible for an asset to always go up, so this is a healthy correction. The reality is people were jumping in without understanding the technology. No matter the asset class it's dangerous when investors are ignorant.

its just because more amateur investors are in panic selling situation, because of what they can see in bitcoin price. then more whales are grabbing the chance to buy more bitcoin at low price. but for me this is just a healthy correction from the past sales (2017). these drop/dip are takes too long to regain the high price value again. and im sure it will back to normal soon.

In my opinion there are huge number of whales which is controlled by some big countries and the price is controlled by those whales when ever they want they start dumping and at lowest price again start pumping but when can avoid it by just holding the bitcoin even in lowest price. but unfortunately due to 100% risk factor all small investor atonce start selling there bitcoin assets so after some time again they hurts and feel ugly. so wait for good time.

it was going down because of a panic lot of newbies has got into bitcoin late 2017 where the bitcoin has crossed 20,000$ wherein January 2018 the price of bitcoin was going down then all the panic started and there were rumours in the media this all cause a problem.

Probably because it is still the second month from the beginning of the year.
So, there are still many people who take stock for a vacation.
My prediction on March 19 will be great, after which then it will only rise again.

as to why the bitcoin price is currently touching $ 8K in my one  opinion this is due to the Lunar New Year factor, we know that china has an effect on bitcoin rises, maybe they are investing by bitcoin to sell later in the day and are used for Chinese festivities ... but we just need to feel calm, bitcoin will rise again

Many factors are affecting the prices of bitcoins. Economic issues,issues on demand and supply and many more. But what is important is that we stay on track, all kinds of business do have this ups and downs but what is important is our patience and perseverance that after all of these trials bitcoins will rise up again. After all getting nervous won't give us a better result.

Btc is going down because of a lot of fud created by whales who are looking for the weak hands, so they can buy bitcoin a lower prices , it’s a normal trend and I prefer to dump at a higher prices and wait for this whales to start their manipulations again so I can also get bitcoin at a lower price and sell when av achieved my goal. So at the end it’s only the weak hands that suffer loss. there’s really nothing to be scared of. Like I said it just a usual trend created by fuddist

The price of bitcoin is very volatile, it is changing at any time. There are many factors that affect the price of bitcoin. For example, if the media spreads the bad news about bitcoin, people will panic and sell it, and the price of bitcoin will fall. But I think the drop in bitcoin is normal. It will stop falling soon and return to normal.

I agree about Bitcoin's usual volatile price action. However, this fall might also be related to some bad news as well as Bitcoin's issues with scaling all happening at the same time.

Good afternoon. I want to answer a question why the price of bitcoin goes down. All the Crypto currency that exists in the market can never grow! Always before a big takeoff there is a drawdown and a cost adjustment. Let's pay attention to the fact that now the Chinese New Year is coming, and in connection with this the Chinese stock exchange is closed. And China is a big audience about

Bitcoin price is going down because some other people or country is not believing in Bitcoin, and others are not investing in bitcoin that is why the price of the bitcoin is fluctuating. Bitcoin has become one of the greatest investment assets in the world, but whenever bitcoin prices approach historical highs, every investor should consider the currency closely.

Bitcoin price is going down because of market recession.
And also banning and hacking of Bitcoin is affecting the price..

There are a lot of assumptions in here, and surely there are multifarious reasons Bitcoin's price is going down. To be quite safe, I can say its depreciation is caused by a combination of factors -- false news dissemination, government laws and regulation, internal influence of whales and a number of neophyte and indecisive investors. All of these combined greatly cause market fluctuation as if these are all aimed at disarming the power of cryptoccurencies in the name of Bitcoin.

For better understanding, let me discuss these matters by way of a cycle.

When these neophytes come in, they do not know what to do next hence they heavily rely on hearsay, write ups, and others' experience. These people are more often than not scared thus they easily get influenced by false news propagated by whales, who are likewise controlling the market through its investments in Bitcoin per se. When governments see Bitcoin's price crucially erratic due to the above circumstances, they either ban or enact stricter laws and regulations.

So you see, all of these form a cycle and that is what is happening right now.

yes, one of them that strengthens the fall of bitcoin is the prohibition of some countries. but that does not become completely absolute, some cases of decline occur because in the resulting by the correction of the past. this is according to some sources, which I have read your analysis. yes, we can only wait until this situation returns to normal.

I think the cause of bitcoin prices is going down because of bad news on bitcoin, like india that prohibits bitcoin in its country, do not panic with the current situation, better hold the existing coin, wait for the next few weeks, because bitcoin will recover as before.

I think the reason why Bitcoin price is going down because of the FUD that India and South Korea banned it. There are some news that those fake news were manipulated by the whales so that they can add more Bitcoin and altcoins on their investments. Do not panic. After a few months, everything will be ok.fud and and spaming news is over now its time to backin action. btc gradually up.We are very happy for bitcoin bouncing back.the most important thing now the market has returned to normal.

because big investor  sell BTC much and make the price going down if big investor sell many i think BTC price not going down

In theory, the price goes down because not much demand in the market.
The amount of seller is more than the total of buyer. Its caused of many bad news regarding bitcoin. Its my opinion.

Here are some factors that I think that you need to consider on why bitcoin prices are very unstable at the moment:

• Country prohibitions and law regulations have been implemented into some countries, including laws that are prejudicial to bitcoin;
• Panic selling in India due to significant price drops into the prices;
• Market manipulation caused by most whales; and
• Potential hacking schemes happening in the internet

Though there some reasons that I did not mention that contribute on why bitcoin prices are low, take this time as an opportunity to invest and buy coins for future investments as I believe that it will regain its value maybe months/years from now. Just focus on holding and accumulating more coins for large profits. Do remember that only invest the money that you are willing to lose.

Because the number of bitcoin sales so that the cause is down the price of bitcoin, And the problem of economic increase so that the trigger down at the bottom level. Thanks

I think there are a number of factors contributing to the decline in the price of bitcoin. The bad news about bitcoin from China and South Korea is the main reason.

Yes. Bitcoin is unpredictable. Its price fluctuates. Changes from time to time. It may shoot up today then drastically crash tomorrow. I guess many factors affect this sudden changes. But what I read the most its that, it is normal for bitcoin or crypto market or even stock market to fall every first two months of every year due to tax things. After this, it will rise again. So many factors may affect this but the only thing we have to do is to wait for it to shoot up again.

Nobody has any idea.

no one knows this, that's for sure. But the belief of people in bitcoin makes it grow even after a strong fall. Bitcoin is a symbol of decentralization, a symbol of freedom!

The reason why bitcoin is decreasing is because of the sudden increase of value or price last December. In my observation, bitcoin is always growing by the last quarter or the last month of the year. Then decreases after the year or the First quarter of the year. I conduct a research on it so it's up to you whether you believe it or not. But you can read to some elite members of this forum they are more reliable.

And aside from that, there are just some time that many users dumps or a bearish time than those who buys. Also the fact that fees are so big that makes bitcoin unusable in smaller transactions. That is what makes bitcoin volatile.

the price has already increased from $6k, so no it's not falling. Actually it has been pretty stable for past few days. If you have been around for long enough, the volatily won't disturb you. Just people who spread and fall for fud are really annoying.

ups and downs of bitcoins is just normal its just the matter of law of demand and supply

There are many reason bitcoin price goes down such bad news about bitcoin, a countries ban bitcoin, policies in a country against bitcoin, and i think the main reason bitcoin price goes down because so many people sell their bitcoin.

Yes, demand and supply

bitcoin price is going down because of fake news I think..yes it's true many country ban bitcoin it is another think for going down bitcoin.and so many people sell there bitcoin when they  cash shortage. don't worry up and down is the normal characteristic of bitcoin.. After a few months, everything will be ok.

Bitcoin price cannot be predicted. Since bitcoin is based on decentralized network system, government cannot control bitcoin, many countries banned bitcoin considering, illegal. This is the reason where bitcoin’s value goes down.

 :) that's right unpredictable since that market opened in which virtually everyone of the world could get a part recently the government was starting to bring about the impact on bitcoin into the economic and decided to take the majority to control over it.the only thing we can do is wait when the actual price of bitcoin returns now .this is now patience since the march may go back to normal and for me this is the first experience and try I've gone through today it happen this year resolution .hopefully the price are raise again by this early of march and I thought the value of bitcoin did not down again for that reasonable that the value of crytptocurrency .just do jot end and IP getting back to the price of the crypto just needed to be .but now we need to be patience now everyone will come back to normal everything is just waiting for the prices raise up again  and it will come too.