Bitcoin Forum

Is it because of the large number of altcoins?

Nope its because government are trying to minimize bitcoin which it can affect the prices of the market. Facebook and google are doing the ban as well and that can affect also the prices

What? Is it because of the large number of altcoins? you have to know, the amount of altcoin and altcoin prices never affects the bitcoin price, but bitcoin can affect the price of altcoin, that's important for you to know.

Well, bitcoin prices are highly dependent on speculation and news that comes on cryptocurrency, like some countries are banning bitcoin, facebook banning cryptocurrency and the latest informatios is google will ban cryptocurrency. Such information will make the investor or bitcoin user sell the bitcoin he has, so the bitcoin price will decrease. So, looks like you should read news other than this forum, I suggest you to read on https://www.ccn.com it will help you.

As far as bitcoin is concerned, it is quite normal. It goes up very rapidly and also goes down rapidly.

Yes this is the reason why, facebook and google bans crypto because of the scam ICO's and many scam project I think they will find a better solution to this for the next coming months and the cryptoworld will rise again. Keep hodling on!

The value of altcoin never alter the bitcoin price, whereas the price of bitcoin will alter the value of bitcoin. Its all because of government, facebook is banning cryptos so investors are in panic to invest in it. So we should go always through the news whats happening, and we should never sell the bitcoin for low value in panic due to fake news or rumour.

Because of government regulation.

Government regulation has led some social media to make bad noises about BTC.

Google and Facebook started banning BTC ads.

Cause how to panic, sell BTC!

So many reasons actually come down why bitcoin price rapidly in down state. Like banning the crypto in some certain countries, and others fuds. These has the big impact the reasons price going down but never panic selling your btc.

Ofcourse large number of altcoins affect the bitcoin's price, as if there are 100 altcoins the total market cap of bitcoin is being splitted into those 100 coins, while if there are 1000 coins the total market of the cryptocurrency is being splitted between 1000 coins which is much more and results a lower price(usually we can see it as a lower dominance rate of bitcoin).

On the other hand, I believe that the the main reason of the decrease in bitcoin price is that the hype has stopped and there are not enough new buyers as it's always used to be.

Altcoin does not affect the price of bitcoin, and bitcoin affects the Altcoin. We need to closely monitor the news, different news with negative content affect bitcoin, the worse the news, the more investors panic and do not want to invest in bitcoin and, therefore, it falls.

do you think bitcoin will back to 3k$ guys?  :-[

I do not think that any of the ban story either from facebook nor google or even the bid to regulate by government is responsible for the drop of bitcoin. The price is dropping from my point of view because it is ranging. It is preparing to take a move. My advise is to hodl. Technically,  this is not a time to sell.

The number of altcoins in the market is immaterial to the decrease on the prices of bitcoin. As was shown on this article: https://cointelegraph.com/news/btc-falls-below-8000-again-after-week-of-mixed-signals , it was mainly due to an individual selling large amounts of bitcoins in the market. Surprisingly, even prices of ETH and Ripple also decreased following bitcoin's turmoil.
This article: https://www.theguardian.com/technology/2018/mar/18/cryptocurrency-bitcoin-irs-tax also explained that investors in bitcoin faced hefty tax bills since the Internal Revenue Service mentioned that 'anything purchased with digital currency is taxable'. Maybe the government right now is being strict in terms of implementations of tax for regulations.

No, there is no relevance with the number of subcodes. Bitcoin is essential for subcontract trade, and this market is generally influenced positively. Seeing this decline in bitcoin price is both panic sales and mobility in the market. There are a lot of downturns and ascents, and whales are looking for opportunities. I think we will see the declines for a while and the market will move in this way. Serious bullishness may be waiting for us especially if it is towards the end of the year.

Nope ,but its because bitcoin is losing power .  Increasing number of altcoins does not affect the price of bitcoin but rather all altcoins price is depending on bitcoin.

no i don't think so. but it can go around 4500 usd in a  week. thats where i am going to buy back my coins.

Today there is a lot of bad news about bitcoin and its existence in doubt. Facebook even gogle ban bitcoin ads. Investors are panicking and so many are skeptical of bitcoin, it also causes bitcoin to go down. Altcoin does not affect the bitcoin of the bitcoin that affects altcoin.

I am not sure on which government you mean when you say that "they are trying to minimize bitcoin". Also, what do you mean by "minimizing bitcoin"? If you mean regulation of it, than yes, that can affect price. Also Facebook and Google did not ban crypto, they just stopped advertising crypto, there is big difference between those two. People should learn to read more carefully, that way we would not have so much panic. Readying more carefully would teach people to distinguish fake news from real ones, and what is hidden behind the lines.

I has nothing to do with altcoins, as alts normally do what bitcoin does. Times like this proves that there is only one big name in crypto currencies and that is bitcoin. When things go south for bitcoin, the alts just follow and take even a bigger hit.

As for your question, the short answer is because most people are selling and not buying or holding. No reason to sell the coins though, so I can't actually tell you why bitcoin is going down. The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.

Correct. The immense hype from sudden increase from 1k to 10k and beyond has died out now, along with this the usual FUD and Mt.Gox are responsible for this dip. 20k or even 15k was overvalued for bitcoin, a gradual increase from this price is far more better for the market.

The rapid decrease of bitcoin price today it is because of some negative issues that affects the operation system of bitcoin, like for example the google that ban crypto advertisements, but we all know the reality of bitcoin, it is something a form of threats by opposite powerful personalities which demand another additional percent of payments. Maybe google ask for another additional contract of payments that allows cryptocurrency business freely introduce and advertise their business developments, that's why today, google temporarily banned crypto ads. Hopefully it will resolved immediately by crypto management.

I also read the news that there are some governments that prohibit bitcoin and also facebook and google prohibit advertising bitcoin, maybe this causes many investors doubt and release bitcoin so bitcoin prices continue to decline.

As far as I know, Google ban all kind of cryptocurrency advertisement because of scammers... at least that was official announcement. And I believe that was the case. But I would not be surprise that for right price someone could advertise even with ban active. But to be honest that added more troubles to already existing ones. There are just too much FUD's around, too much bad news (mostly fake ones). So its no wonder why people started selling their coins. I believe that price will recover when people realize there were nothing to be afraid of. Also price could stagnate for longer time.

because so many negative issue issues that cause bitcoin value to go down not to mention google announces will prohibit all CryptoCurrency Related ads, things like this is what causes bitcoin price down. but you do not panic problems like this will soon be solved by crypto management. and bitcoin will pump again the price.

That's not so. Altcoins are needed. They perform their functions well to stabilize bitcoin prices. But it is only in good condition. Such mechanisms do not work during panic. The fall in bitcoin prices has provoked a fall in the price of alcohols and so they suffer more because their value is less.

One of the most experienced traders George Kikvadze from Bitfury predicted the price will go up in April up to 12k and will reach 52k by the end of the year. A bold prediction, but really inspiring. I'm not sure about 52k, but price will definitely go up

in my opinion it is like a Dam. imagine a hole in it where the water is going out, if you put a crack in the dam things won't go to hell but if you keep putting pressure on that crack it will become bigger and the water coming out becomes a lot more and out of control.

when the big resistances break like this and keep on being broken the lower it goes, there aren't any more resistances because traders are pulling their buy orders and staying out to watch where the bottom is.

of course at some point there will be a new resistance which will grow big and prevent any further drop but it takes time to reach that.


this is actually an interesting question.
and the answer is, i think so. there are a lot of altcoins and most of them only have bitcoin markets. so people who have been investing their money into them and now want out because of the dumps have to sell their alts to bitcoin and then sell bitcoin to fiat, and that can crash bitcoin price.

you may think that the opposite might have been true and while investing they should have bought bitcoin to invest in alts so bitcoin price might have gone up because of them in first place. and you wouldn't be that wrong either. but if that was the process, it was a slow one and when money comes in slowly it doesn't change things that much. so the rise part can be negligible. but the exit is sudden so the drop can be hard.

I do not rule out this possibility. It seems to me that now there is a great hunt for coins. We do not see a panic reset of coins. Their slowly who the buys. But at low prices. Perhaps this is due to the fact that the whales began hunting for the coins of the depositors of Mt.Gox. I do not understand why not give these coins to investors? That would be better for them. Now they not only lose coins but also lose Fiat by lowering prices.

The altcoins are one of the reasons, simply because they have been stealing the spotlight from BTC a little. However if you notice most of the other altcoins have also had a downward thread in the last few weeks. One of the reasons is also that BTC is the most commonly used currency used to trade other coins and therefore once its price goes down all the prices in the market drop.

If you regularly watch the news about cryptocurrencies, you may realize that the current decline in Bitcoin is due to negative news as well as the preparations for the G20 meeting. The rise of altcoins I think not the cause of the Bitcoin exchange rate dropped, but the psychology of investors affected by the negative news led panic sell.

If I remember right, the G20 summit is on monday. I think we could have important information on the future of bitcoin regulation announced on tuesday the 20th of march, 2018. Altcoins could have a positive effect on bitcoin's price. They provide additional network transaction bandwidth and a medium for transmitting crypto quickly with low fees.

The media could be attacking bitcoin. There was the "tether(USDT) conspiracy" where the media claimed $80 billion in tether was being used to buy bitcoin in an effort to artificially inflate its price(it helps if you know tethers market cap is only around $2 billion). Now the media may be pushing something they're labeling the "bitcoin death cross" you can read about it here:


Anyways there a lot to be said about this. A lot of different potential angles.

Quoting a certain someone answers you" sometine is good sometime is shit" . srsly  is there even an elaborated hypothesis that we should accept as true , i doubt it!!!

It is because investors who invest from $1-$1k is starting to sell their bitcoin's which makes the supply abundant. Yet we cannot actually tell that this is the reason, but we just hope that it will not be a bubble.

how many days that bitcoin is always on serious situition...there is a lot of bad news about bitcoin and its existence in doubt...,Facebook even goggle ban bitcoin ads....Investors are panick and so many are skeptical of bitcoin, it also causes bitcoin to go down. Altcoin does not affect the bitcoin of the bitcoin that affects altcoin....the value of bitcoin is everyday down in the market...

I dont think it is just the number of altcoins although I do think that does influence since it spreads out the total crypto market cap. This is caused by a wave of bad news that is causing fear in many causing them to sell out. In addition tax season is coming up and I do think the big Whales out there that withdrawn their shares at the ATH are now  having to dig into their pockets to pay taxes on earnings. Since price keeps lowering people just keep on waiting for the bottom to buy back. I think this time we will have to wait a long while and only see a full recovery on the second half of the year... at this point I am starting to thing... if so. Strongly hoping for a AtH by the year.

No one is banning bitcoin no one is against bitcoin, bitcoin price is directly connected with the demand and the price, if in market there will be high amount of bitcoin than the supply then for sure they will decrease bitcoin price, I think we should not sell our bitcoin at the time of low price so it will prevent our bitcoin from getting down. Panic selling is full of lose it can decrease bitcoin market place, people hold then it will not fall ever in price.

Continued bad news about the recent cryptocurrency market has left investors confused and sold out all they have. Beginning with Google's ban on ICO ads and then the Twitter tactics that banned ICOs, these were a powerful psychological blow for many investors and they sold out massively to the market falling sharply.

I'm not going to lie but I read through all the replies in this thread and you're the only one who actually had made some sense and write something that is atleast a little relevant. Everyone else is just Spamming and shitposting.
About tether - Rumors are that exchanges are going to delist tether and bring in proper USD. Some say another crypto, alternative to usdt might also be a possible option.
About the price downfall - One reason is that the whole Mt. GOX trustee issue, Mr. Kobayashi and his shit that he is dealing with. Another is the obvious one that almost everyone stated, panic selling. Eh fuck people.

Fake news everywhere which is making panic to the people that just bought bitcoin for fun and making money within a short period of time.

Definitely not! CCN is amongst those who are considered the worst of the worst when it comes to being a reliable news source. They are one of the main sources spreading fud and other rubbish being a massive contributor to fear in the market. The far majority of their articles either have a heavy bias towards a certain crypto currency or service, or it's just blatantly sponsored. If you want to try to get as close as possible to the truth (which some times is even inpossible), try researching every article subject thoroughly by jumping into every possible source of information. NEVER just rely on one party, because they more often than not only show you what they want you to see, especially when it comes to CCN.

With so many altcoins will not affect the price of bitcoin, there are many factors that make bitcoin prices falling, you do not need to panic to see tragedies like this, because after all the bitcoin price will still soaring again at some point. So keep calm and do not be panic selling.

Its normal for bitcoin to go down but I was worried when I heard that facebook and google will ban the ads for bitcoin. It can definitely affect its price. Imagine you have a product and  you want to advertise it but the cheapest way to promote it was banned. It will affect the product since you need to find other ways to promote and most of the time it will cost a lot of money. What I am thinking is that we can take advantage of bitcoin's price now, we can now invest and HODL.

Supply and Demand. There are no demand currently, and obviously there are a lot of investors selling that's why the price is going south. The reason why are investor sell is that there might be hearing FUD, or they are afraid that bitcoin will go down even further and so cut losses, they decided to just sell it even if the market is already bleeding.

One news that they are afraid of is the G20 discussions on crypto. It was reported that countries like France and Germany wants the group to have heavy regulations. So this news alone is enough for a lot of investors to panic and eventually offload and sell everything.

It's normal to go down since many people had withdrawn their coins the last time it gone up but dont worry it's just temporary. Just like in the stock market the big profit is in the long term investment don't worry about the day to day ups and down of the prices coz as what we experience bitcoin will just suddenly go up without any warning...🖕

Following can be the reasons:

1) Increasing number of alt coins : This can be a reason for sure. Earlier anyone investing in crypto has to go for bitcoins or just 3-4 more coins. Now there are hundreds of coins and people are moving their bitcoin investments to those coins. They are doing show in hope of quicker results. Thus these coins are taking share of money which would have been invested in bitcoins.

2) Google banning crypto ads: This is another recent news that is affecting the prices negatively. When this is implemented in April 2018, we will see prices dropping even more.

Yep, there are many reason why the bitcoin price going down rapidly. One of them is the bad news from google that bitcoin or cryptocurrency is going to be banned  which makes most of us feel scared and even many bitcoin users are going bitcoin now. what more, the whale is buying a lot of bitcoin to make bitcoin future be in bad way. All we need to do now is don’t believe in some bad news from google, keep an eye on bitcoin information and read it carefully. Don’t be worry too much, bitcoin value will recover soon,so it’s better for holding it.

Because the news at the end of the conversation very much and very quickly affect everyone but not all quite affect me. but it has a huge impact on the current bitcoin price, how great it is.

This is a very difficult day for bitcoin because many attacks from all directions to get rid of bitcoin or want to drop bitcoin in depth, the emergence of negative news that affects users to immediately sell it because it feels insecure again, but smart people choose to survive they know that this event just a moment, a lot of theatrics.

due to some restrictions be it on social media and the issues regarding the policy in some countries that reject the bitcoin. This makes the bitcoin experience down the price until today and it was difficult to ride.

There are many reasons including the rumors and bad news. Many holders especially those that have buy bitcoin for long-term have to take profits ! Many of them are selling below the cost price and some of them have to understand that  bitcoin still have a great future and now is not the end of it upwards movement. Bitcoin is going to grow again and the bearish market is going to be over.

For me i think because of manipulation of the bad news that's affect to people to sell their bitcoin or altcoin that's why bitcoin price rapidly goes down and that's the reason why many people loss their money in just a snap. Social media is a big influencer they have a power to control what is the run of the market.

There are so many theories that are in the market some are saying it's because the south Korean president deal that is gonna going on in which they are thinking of doing the negotiations with Bitcoins and thus many whales are trying to put the price down... Some are saying even the Japanese government is in all this ...

We have no clear source so as to know what's wrong.

nope mate its because of panic selling when there's a negative news about crypto around the internet.  Which is from 'FUD's that Always spreading fake news to intimidate holders so that they can manipulate the price in easy ways which through false news and etc.  

the price going down because bad news i think , the most is confrence G2 ( CMIIW ) , and that will determine the future of bitcoin
altcoin doesnt matter because when btc drop most alt coin also drop

There are a number of reasons. The alt coins are definitely responsible as more people are moving to alt coins and thus the total money invested in crypto is getting divided. There are a lot of other reasons that care causing the decrease in price. For instance, just like Facebook , Google has also announced that will ban crypto related ads from April 2018. There is still one month left but the negatives news is already a source of trouble to people associated with crypto community. Google has done this thing in past for other suspicious projects and they were badly affected.

Nah, I dont think that it is because of the altcoins. Its all because of numerous FUD news which are mostly causing this thing. Altcoins are actually dependent upon the bitcoin itself and there is no relation between them since the spikes of last year. I mean its reverse connection, where altcoins get hampered a lot when there is alteration in the price, market cap of the bitcoin itself. As the bitcoin goes up alts go up as well as alts down whenever bitcoin is down.

however the large number of altcoins are actually getting most of the investors diverted to them thus bitcoin is getting low number of volume. But that is temporary and it will be back to bitcoin once they start seeing bitcoin is spiking in the value. Its just natural you know, since 2009

Nope, it's not. It is because of the news about what happened to Mt. Gox, the news that google and some major social media site will be banning cryptocurrency and ICO advertisement due to a lot of scam ICO had been advertising their project using either google or social media sites. I really think that it affected the market demand greatly.

I think Mt. Gox is also not the real reason for this one because recently in the news statement they have already mentioned that gox. sell is not responsible for the current drop in the market. But who knows what they are trying to cover up with such news. May be billions of dollars that they are holding?

One thing is sure that altcoins are not the reason as they have their own investment portfolio and most of the investors keep both the investment as separate one. If you really think its altcoins then just ask yourself one more question, if bitcoin is down then why altcoins are down at the same time? Isn't that is a thing which we must analyse before our conclusions.

Yep, and reading only one source results into fear and panic selling. So it is better to read several sources for information so that your doubts will be cleared to a specific cryptocurrency. I guess you're not really into cryptos if you still haven't been swayed by all the FUDs spreading about each coin. Just don't believe everything you read without any conclusive evidence.

There are a lot of reasons responsible for the Bitcoin volatility altogether. Bitcoin prices may tend to go down when a lot of Holdlers out of ignorance, impatience or for FOU [Fear of Unknown] are dumping Bitcoin. Some of these reasons could be the negative rumor about Bitcoin, Big boys manipulation, its Decentralization where Government are not in support of it and lots more. May I now say that Bitcoin Volatility is a natural phenomenon in this field. The ball is hereby left in your court to play the way it pays you. Just ensure you bite what you can chew.

people who have been investing their money into them and now want out because of the dumps have to sell their alts to bitcoin and then sell bitcoin to fiat, and that can crash bitcoin price. :)

I also read the news that there are some governments that prohibit bitcoin and also facebook and google prohibit advertising bitcoin, maybe this causes many investors doubt and release bitcoin so bitcoin prices continue to decline.

As for your question, the short answer is because most people are selling and not buying or holding. No reason to sell the coins though, so I can't actually tell you why bitcoin is going down.  :) :)

As what i have read last time. The reason why bitcoin price is rapidly going down because of google banning all crypto and ICO advertise related. And that's why we suffered this.

I think not, the price of Bitcoin has decreased the first in because by the issue of news issues that are warm like Google's Ban ICO ads
and the second because follow the market when the market dropped the person directly sell Bitcoin for various reasons...

When in December the price grew rapidly and reached its maximum, was the number of alcoins different ??? The price of bitcoin and altcoins depends on many factors. After this decline will follow the rise, the question is: how soon?

Since last year's bitcoin price pump a lot it got so popular to the point where the network started witnessing some high traffic, transactions were stuck and miner fees got crazy high, since than people started looking at other investments options in the cryptocurrency market, and so it happens that ICO were the thing back than so people started investing in them and so they got really successful and really popular, and that has affected investments on bitcoin .

This is not a question if you know the reason for the decline in bitcoin prices. I think that now no one knows. Perhaps this is due to the fact that the whales want to buy cheap assets of the ruined exchange mtgox. To do this, they threw a large number of coins on sale at the same time when the Manager began to sell coins. So they lowered the price and will hold the prices below until they buy all the coins. Maybe it's a whale collusion with the Manager. Who knows? We're all hostages to this situation.

Nope! Altcoins proliferation is not the main cause of Bitcoin price meltdown. This is quite normal most especially if there are lots of uncertainties in the market. As you notice even the world’s stock market right now show bearish movement. Rapid downward of price of BTC is purely cause by demand and supply of the cryptocurrency. As of the moment, we seen BTC is not performing well due to many unfavourable news. All we can do today is not to panic and wait to become normal. Right now is the best time to cost average the portfolio.

The biggest problem is that there is not only one but there are so many reasons which are standing in the way of bitcoin to rise .
They all have come one by one on its way making it difficult to make any progress . All the controversy with South Korea and Japan . Facebook and Google banning ads of crypto currency .  The huge sell off by Mt. Gox approximately worth $1.2bn . These are some of the  biggest reasons of why bitcoin is getting so affected.

not just because of altcoin alone, some factors also cause bitcoin prices to fall. among the latest is there is news from facebook, twitter and google memblock all ads about crypto. and everyone's negative perceptions of bitcoin also affect the bitcoin price.

No. . it is because there are so many people now that are not professionally trade bitcoins they just bought it with the basis of value not in the idea of bitcoin. For sure in the near future people will get learned and do it wisely next time.

The amount of altcoin spent is a factor in the price of bitcoin. They are reduced by tightening information from governments. In addition, it is influenced by people who own a lot of bitcoins. The market is still relatively small compared to other markets such as stock or Forex

The bad news about Bitcoin is that Bitcoin prices have fallen sharply in recent days. Bitcoin may have dropped sharply in the last few days, but now it's back and waiting for the good news to go up to higher values.

The large number of altcoins doesn't have any relation why the price of bitcoin is going down. There are many things that are affecting the price of bitcoin and one of it are the news. Fake news, good news or even just neutral news are giving a result that we never expect. And another reason is the FUD by those fake news that are making many investors to sell their holdings and it is causing others to sell too.

The amount of altcoin for me is an option. We can buy by looking price pair of it in the market. so I don't think that due to the weak coin dump that makes Bitcoin participate in the impact, actually tendency of current trend tend to negative, so if there is one or some coins decrease, become trend followed by other coins. It seems that market participants are still traumatized by conditions a few months ago, so they don't want to lose the moment to sell when it fall, while we need more longer time to recovery of prices in the market.

Bitcoin as well as other currencies on the trading floor, the prices of currencies always have a bias and fluctuations, but in that the recovery is not as fast as the decline, now in the market there are very Many coins are developing, and few people consider Bitcoin to be the only currency to cumulate.

In my opinion the fast drop bitcoin is due to the number of investors selling bitcoin too much. more than the bridge impacted the value of bitcoin copper. Moreover, many countries want to suppress the development of bitcoin. Many governments have had a strong impact on bitcoin making the value drop dramatically. I hope the bitcoin will increase again.

The main reason of the value of bitcoin that going down are the people behind it.Us can affect its price when some of the investor cash out their money. Being or having a low price  is natural, as investor just wait for the value to be back to its original price.

I don't think so, we all know that bitcoin always gets a dip, but for now i don't believe that bitcoin will get down again. I think why bitcoin rapidly going down is because many people will sell their bitcoin immediately because bitcoin price gets down. Also many countries and people now not supporting bitcoin so i think that is the answer in my opinion. I hope that bitcoin will get a come back again this year 2018!

not just more selling than the buyer, the decline also occurs because the interest of digital money users began to shift to other money such as ethereum, Ripple to litecoin.

No, I don't think so. I do not think altcoin has any effect on the Bitcoin price. In my opinion, Bitcoin prices have fallen sharply recently due to new information and decisions from major social networking sites. Last month, Facebook launched a ban on ads related to cryptocurrency. A few days ago, the information about google and twitter will do the same thing has appeared, Bitcoin prices have dropped dramatically at that time. This is just my opinion

when one panics sees an increasingly unstable price so much is dumped btc and makes the price even more devastated. this condition is very worrying
but there are some people who take a chance when btc down then he will buy a lot to be invested

No, the bitcoin rate is rapidly sinking not because of the large number of altcoins. Very little crypto currency can compete with bitcoin. Yes, now there is a huge number of new projects, but most of them disappear, not even having time to prove themselves. The price of bitcoin falls due to negative news about the crypto-currency world. The ban of Google and Facebook, attempts to establish control, the spread of doubts in the anonymity and speed of transactions - all these factors have a bad effect on the reputation of bitcoins and deter potential investors.

Altcoins do no effect bitcoin in any way. In actual it is bitcoin that decides the future values of altcoin. It is considered as the benchmark for all altcoins as bitcoin is the mother of digital currencies. The main game is always played by big investors who have invested millions of dollars here. Whenever they make a move, the impact on the digital market is crystal clear. Besides, many people want bitcoin which gives hype to its value.

many investors found themselves in a difficult situation due to the risk of losing the ability to withdraw cryptocurrency in Fiat currency due to negative reviews and news about USDT.
New platforms are actively developing, new digital assets can already exist without the participation of Bitcoin.

This is the main reasons that people use to spread fake news in market that google ban bitcoin, china ban bitcoin, facebook ban bitcoin, but there is no reality in this kind of fake new I dint know why people get trapped and trust them. it is not good to listen them hold your bitcoin  and see your bitcoin fast and profitable growth, I think this coming month price is going to rise and I hope this time  no bad or fake news will not let bitcoin market get down.

Bitcoin price rapidly going down because of this spreading fake news that bitcoin will be banned all over the world, so the investors and other bitcoin user sells their bitcoin in a low price.

This is absolutely the reason's why price of bitcoin rapidly going down. Spreading of fuds and this fake news concerning about banned of this coins that affect the new adopters of bitcoin and who truly invest. Best is not to be affected our bitcoin just hold until price will become high.

No, although there's always a new type of altcoin, it does not affect the fall of the bitcoin price. but lately bitcoin prices continue to decline because of certain issues that greatly affect investor interest hesitate to invest in bitcoin.

The bitcoin is steady for last 24 hours now and showing good progress but that does mean that it will go on the same road. Recently, bitcoin has been falling due various reasons like G20 summit, Mt. Gox selling and few small news had made the price to fall. But now most of things seem to solved and we can hope that bitcoin remains constant and grows in the coming days.

Nope it is because of the large number of investors or the early users selling their bitcoin ,
So they are the one who is dumping the market from what I have read it is from the Mt.Gox they are dumping their bitcoin.

Yes they do so but it is not working at all no need to be worry about bitcoin price rise and fall, as it is nature of bitcoin someday bitcoin will increase in price and someday it will decrease but you will have to wait to see it high if once it is low in market, actually price increase when demand of bitcoin become high in market and supply become low. So if price is going down it is because people are selling bitcoin at panic price so you will not have to worry just stay calm after very short time bitcoin price will be again high so hold and wait only.

Early adopters have a huge contributor in these dips. Of course they are new and still learning for this,  that's why we should not blame them thoroughly.
Mt. Gox issues also makes some investors to get their token off earlier and they are competing to sell their tokens that helps market going down.

This is not a strange thing for virtual currencies like bitcoin, because nowadays there is a lot of bad news that hit bitcoin, thus causing the price to decline rapidly.
Government bans on bitcoin trade in every country, especially in asia, make bitcoin prices and a bunch of other virtual currencies plummeted dramatically.
Thus causing users and investors to panic with the events that currently occur.
In addition, today many competitors such as altcoin are in great demand and make bitcoin users begin to switch to ethereum or ripple and this will obviously make bitcoin prices decline rapidly.

I think bitcoin is going down because it receive a negative trust from the negative issue from the feild, bitcoin will rapidly dropping down like it never rise again because of some negative issue. Bitci think this is not new on our bitcoin journey, because even from the past we really know that the bitcoin will drop and pump because of the good and bad feedback around the globe.

I think the bitcoin price reduction is not due to altcoin but because of the many negative news about cryptocurrency, among others the prohibition of cryptocurrency ads on facebook and google and banning anonymous account bitcoin in south korea and united states. that's news I know

For the moment, the biggest reason for this is that people wait for the G20. We can say that the price does not even change. I hope that we get positive news about the cryptos and we are all comfortable. Since the beginning of 2018, cryptocurrencies have only been going on deep.

BTC prices have risen for several days, after the G20 decided not to change its policy on Crypto, which was not tied to the Crypto market so it made the market more stable. This is the basis for Crypto market growth in the near future. Let's buy and hold the altcoin right now.

Hi,

There are several factors affecting the price of bitcoin but I think that the number of alt coins is not one of them.

There has been a huge rise in December 17, so logically prices went down on January. Just because prices were completely crazy. Though, the downard move is quite long... It has been 3 months and there is no sign showing it may improve...

I understand why people are worried but we cannot expect and we shouldn't hope that trends from 2017 get repeated yearly. Bitcoin is struggling to be spread as a currency, and such chaotic moves do not speak in its favour.

So yeah, prices are down... basically to compensate for their crazy heights. Nothing to worry about! :)

because it increase so fast so it will dump so fast and maybe people gets a good amount of money so thats why they sell it and i think its so sad to knowthat people who buys when the value of bitcoin is 20k usd what will happen to them :( like me i buy when the value is 15k usd and my money now is still decerasing hope that my money will back . :(

because it went up too fast in last year's rally. Many late buyers bought in serious FOMO mode and when the market turned south, these lot panic sold.

rapidly going down, there are many factor that could make this happened. like maybe there are some price correction. and what i found out about this cryptocurrencies world is there are phenomenon like bulls run or bear era too. well, there will be times that bitcoin gonna recover its prices again. and nobody knows when that will happening.

Altcoins are not in any way hindering the value of Bitcoin, but Bitcoin value affects the Alts prices. Part of what may be the causes of rapidly decline in Bitcoin prices are the effect of continuous lower patronage for Bitcoin because of FUD, [negative rumor spread around the world about bitcoin, whereby the Big whales, Interested millionaires, and persistent traders and investors started restricting themselves from purchasing more, which hereby brought about Deflation. Though it is natural at times, but this situation shall turn over soon.

because there are parties who do not like bitcoin. and they make an issue about bitcoin drops and this makes many people panic to sell their bitcoin.

Simply because of the law of demand and supply, as the demand for bitcoin goes on majority for selling then the supply of bitcoin will be more than before and it will be the cause for the price to adjust and lower it than before. A lot of people now are selling because of the panic that the price of bitcoin might go down even further so the emotion of the investors and holders is the reason for pushing the price down because they believed to the FUDs.

I believe its because of people who just want money simply invest in bitcoin without knowing what it really is. The way many people advertise bitcoin is so wrong in my point of view because most of them are telling that bitcoin would become very very large without knowing the exact value and use of bitcoin. The rapid price drop is because people gets frustrated of what happened to their "investment" since they are just listening to folks and not doing an actual research.

I think it's coz of govt regulations and the social media bans...I just pray it doesn't affect us that much coz it scares the shit outta me

Part of investments in bitcoin of ordinary people is very small. I'm not sure that they are able to significantly influence the price of bitcoin. They easily become victims of whales which manipulate prices and can a long time not sell their coin. When we buy bitcoin we should be ready to accept these rules and act according to logic. A lot of people give in to emotions and therefore lose their savings.

The good reason why the prices on bitcoin is going down due to the fake news they spread and bad informations about the investment in blockchain technology. The investors are afraid to do such investment because of the issues were spreaded .By encouraging them we must always keep spreading good informations and take a researched about the opportunities in bitcoin so that it can definitely decide them to invest moneys.Then thats the good sign to continue growing the prices on bitcoin because of the demand in investors and people who really wants to take huge moneys.

I don't think that the reason is the altcoin because on what i read why bitcoin one of the reason falling down was if you remember that some of sociale media like google and facebook banned bitcoin advertisement in there site so it means no investor no rising so that if google and facebook giving back again the advertisement we sure that it was rising again.

I think the reason why bitcoin is rapidly bog-down.Because of the announcement by facebook and google that they need to ban bitcoin in their sites. And because of this news that spread all over the world. Many investors panic selling their coins in the market. That is why the law of demand and supply is not balance. The more the supply the less the demand.Which is the causes the price of bitcoin is very low.

Sometimes there are many questions in our mind why bitcoin changes rapidly. And now we are experiencing a rapid decrease of bitcoin value. And this is the effect of some factors like loosing of bitcoin demands and maybe more investors are investing in other crypto currencies since lots of altcoins are existing today.

Bitcoin as the Pioneer coin should and can never be compared to Altcoins in terms of prices. How can Alt coins rapid springs up affect or determine the price decrease of Bitcoin, impossible.. The volatility nature of price especially when its rapidly dropping as this can be ascribed to its Decentralization and deregulation where Government at times speaks wrong about Bitcoin just because they feel it is rivalry their Fiat. Moreso, bear market is a taboo. But no matter how going down this price might be, it shall still rise back to its stability.

The reduction of bitcoin prices can be divided into two.
1. Decrease caused by the process of natural market.
Its movements tend to be more slow, whereas large supply and little demand are the main factors the decline in bitcoin prices.
2. The decline manipulated by the rich and greedy is usually done by (the whales).
Usually his movement can happen quickly, in just minutes the effect can already be known clearly.


No, the current downturn is a decline controlled by the bad guy as i have written in No. 2.

the question should be: What affects the price of bitcoin?
Truth be told, it’s a complicated question we might not be able to answer for sure. However, you have a few ways that might help you see where bitcoin’s price is headed.If you keep an eagle eye on cryptocurrency news, you just might be able to buy or sell bitcoin profitably before everyone else catches on. But a big caveat that comes with all cryptocurrencies: There’s no guarantee.

Well, today there are too many altcoin born. They have more benefits than BTC and hold them more profitable than BTC. Some investors have sold the BTC on the market, to buy other altcoins. As the sale of BTC on the market so much has pushed down the price of BTC. That is why the price of BTC can not increase sharply in the future.

Panic selling is very huge mistake most of bitcoin user use to do so they should be aware of it that selling at low price can give then lose only, today bitcoin price is very low but it is a chance to make more investment at low price, after holding your bitcoin you will have to wait and let your bitcoin be high again, bitcoin has started to increase in price once again because people are making market high and it is rising in price now again, increasing price of bitcoin is getting high once again so hold and don’t think about selling out your bitcoin at this situation.

Demand and supply affect the price of bitcoin, when many people buy it goes up and when they sell,  it goes down, I think negative news are making it go down when people sell, plus that cause add to the cause too but with less impact

Altcoin price movement is affected by Bitcoins fall. Big investors have dumped a large amount of their investment for the later rebuy option. There are even some regulations that are being taken and that has influenced the fall. This phase which is currently present on the market is taking to long by my opinion.
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I also hope as all the common investors that the prices will start to rise soon because this holding is boring. I cannot trade currently because I will end with a loss and that is a concern with all traders that are using the crypto market.

I think that is the main reason's why bitcoin rapidly going down. Demand and supply and to add these negative news circulating in crypto world. Once their is demand the higher the volume of bitcoin prices. So hold definitely could be the best for me when its down.

It is the right value and right development of bitcoin if the continuously increasing the this will happen in all currencies growing with stability is the right development for all currencies .

the ban of google and facebook have directly affect the circulation of the coin... buyers are now getting smaller in numbers because it afraid to the effect of the ban to the currency... the demand was low thus affecting the price. hopefully,  ther will be countries that well be added to the list that will accept bitcoins that would be a great help to uplift the price of the coin.

For me the reason behind it, is people are selling. Everyone has daily needs. I think there's nothing wrong with it. Some maybe because of the news of banning bitcoin by facebook and google. I got question, I hope I found and read in the forum about banning advertisement to social media. Is there any classification for banning? Or the news is only referring to paid advertisement. Does manual advertisement is included in banning advertisement. I hope manual posting is not included. I'm seeing the reason why banning advertisement to social media is because of scammers. I just hope that big company from social media has resolution in the coming days.

Bitcoin market always shakes up when millionaires perform. They are the ones who decide the future of bitcoin in some way. Though it is not the only reason but makes a lot of sense.

Whenever there is big selling out, the price of bitcoin goes down and there is no doubt in it, people would have sold BTC when it was 20k dollars to make profit. Now as the investment will increase, the price of bitcoin will also increase. It fluctuates the most because of its limited supply.

Odnaznachno it's not because of the Altoquin, just the government is trying to start regulating bitcoin, which also affects the decrease in bitcoin. Facebook and google also give a prohibition on bitcoin and this also affects the price of bitcoin. But I think in the shortest time everything will stabilize and bitcoin will grow rapidly.

It is because of FUD spreading fakes news and those weak hands are selling their coins.

For me the possible reasons for price downfall are people doing panic selling in the market eroded by the negativity spread by the market forces.Other reasons can be google banning crypto advertisements impacting the downfall on the prices but all the dips are temporary and prices will surge soon.

Because of the countries designating regulation based on cryptocurrency and there are countries that have banned cryptocurrency. There are also news releases. One is that facebook has been already banned such ads about cryptocurrency, also follow the steps banned the ads about crypto are twitter and google. Many people are alarming in the news that it caused doubt or fear especially to investors, so it is also one of the possible reasons why the price of bitcoin has dropped.

I don't see that the altcoins are the reason my bitcoin is falling. For me, I think those people whose always dumping bitcoin are the reason why bitcoin price is falling. We all know that some people were panicked if they see that bitcoin price is falling and it leads them to dumping because they are afraid to lose profit but actually they already loss.

Agree. Altcoins fall with bitcoin together. It's better to say that altcoins are falling because bitcoin is falling. But the main reason is people who are panic selling. Governments try to make us scared by imposing new regulations, media write about it and then people panic sell. 

I think government is one of the major key here because they want to control bitcoin in the first place, then the next problem I see is FUD and that is the reason why many bitcoin users sell their coin they become panic seller and those big player has got a big benefit here.

No not at all its not because of large number of altcoins. I would have said this is truth until january when the btc dominance was continuously falling. But now the market cap of whole cryptos has fallen considerably and btc dominance has been increasing now. So no this is not at all valid reason. Bitcoin and altcoins generally go hand in hand. I think people have flushed out all their money out of cryptos or some whales are playing with us.

Bitcoin and Alt's coin are having different path, separate purposes and objective. No matter what happen, Altcoin are won't create major impact on Bitcoin value.

The continues increasing volume of Alts in almost everyday are never disturb Bitcoin. Because they created differently.

The large number of altcoins is not a reason why the price of bitcoin rapidly goes down. As you can see, when bitcoin decreases its price, other cryptocurrencies also lose its price and therefore, I can say that bitcoin affects other cryptocurrencies stronger than they can affect bitcoin. The reason here is that the whales are trying to collect bitcoin and then, they will suddenly pump the price of bitcoin to the moon

There cannot be a single factor to decrease the worth of the bitcoin and the money involved in the bitcoin but many many multiple factors combine with each other and start making the things worse in the market and when all of the external factors get away, the most dangerous internal factor starts that is the “panic Selling” and it really make the things very much crucial and poorer for the holders, traders and the new comers.

After a big rise in the price a correction follows. Welp that was our correction, it was much needed to go to new highs.

Altcoins  are a factor the more altcoins there are in the market the more market share they take away from bitcoin however that is not really the reason why the price of bitcoin is going down the price of bitcoin going down for the simple fact there is not a lot of demand and there is not a lot of demand because there was a very huge crash not too long ago.

It won't be affected by them. The common thing that really have a huge contribution for this dip is the issues of regulating all exchanger and Mt .Gox members that are selling their btc in cheap price. If all of thesE will be done, then we see a bright side again.

There is a recent news where the cryptocurrency market in japan has lost $500m worth of coins and most of the people are scared to lose profit that's why they are selling all their coins rapidly in the market and it affects everyone from decreasing its value.

Bitcoin prices have fallen sharply recently as a result of negative news from governments in countries where the Chinese government banned cryptocurrencies in their home countries, where people own the largest cryptos in the world that is the reason why Bitcoin rates, as well as altcoins, have been continuously decreasing recently.

There are always issues on different market because the volume are different and the levels of security is not the same on other market's so always be careful of placing a huge amount of money on a certain holder you are interested.

actually this is normal, bitcoin prices are up and down and often experience significant fluctuations. No wonder the current price of bitcoin has fallen dramatically, but keep in mind that later the price will rise again, maybe this is a strategy for sellers and buyers to be balanced.

Recently bitcoin price drop because many factor and on of that factor is MtGox selling their bitcoin on trustee. But beside that, bitcoin in past few weeks always get negative news thats not true. Its essential if we are not panic with bitcoin price movement, and its better if we holding for long term

There are several reasons for the rapid decline in the price of bitcoin.

1; The media sent out some bad news,

2; Some countries have introduced policies to regulate bitcoin.

3; The hackers attacked the exchange with a lot of malicious selling of bitcoin.

These are the reasons for the rapid decline of bitcoin.

Bitcoin now is decreasing its value because of the negstive feedback and spreading bad information. But I think it will range higher on its value if we introduce their capabilities and opportunities .Some people are always thinking negative side on bitcoin so the investors are discourage to invest money because its all about legit information that they collect. Its all about the information so that investors will having interests on bitcoin.

Extensive news makes crypto holders and investors to panic, it is just normal in a growing community since we have different perspective everything that's going on  we just need time for them to realize it.

It is possible for that reason but as we all know bitcoin is volatile in nature. The price of Bitcoin can also change drastically as countries and financial institutions adapt to the idea of cryptocurrency.
Bitcoin isn’t really like anything else thanks to the blockchain technology that powers it. It’s also treated differently than other types of currencies and commodities because we’re still not sure what it’s actually for. That leads to a lot of instability.

Well, there's more you need to know about cryptocurrencies. Bitcoin is very volatile that its market value will rise drastically if the demand of people is getting high. Its drastic fall is also caused by a low demand because people especially whales are having a sell off of their bitcoin holdings. In addition, FUDs are making the scenario even worst as people are panic selling their crypto assets in fears of losing more of their investments.

Altcoins large numbers can never reduce the price of Bitcoin. Bitcoin's price has come down because there are so many rumors about Bitcoin being recently and many bad information  is being released. Google and Facebook have banned Bitcoin,that's why Bitcoin's users are getting reduced day by day.And now the government of many countries has bitcoin banned because of which many people can not use Bitcoin legally.

Absolutely not! Bitcoin price is rapidly going down not because a lot of altcoins were invented. It is part of the system of a cryptocurrency world. Volatility of bitcoin depends on the market which is for now is not that marketable. Bitcoin isn’t really like anything else thanks to the blockchain technology that powers it. It’s also treated differently than other types of currencies and commodities because we’re still not sure what it’s actually for. That leads to a lot of instability.
The best bet for Bitcoin is that as it becomes more popular and more people buy it, these types of changes in value will go down for two main reasons. First, individual owners have less power over the price of Bitcoin, and, second, it creates stability since more people have a stake in the cryptocurrency.

Because Bitcoins are being banned by some sites and also, that the government has already hints about it so they are trying to Decrease its value for now.

Price dips or people popularly refer to it as bloodbaths are caused by numerous reasons, sometimes it's a singular reason
and most of the time a combination of them. They may be a form of controversies, scams, hacking issues, major whale dumps
and even trends to say the least. Regardless of the reasons it's quite widely speculated all the time, that rapid price dips or
decrease are always expected within the market. Somehow in a different angle it contributes order and progress. Besides it's a
volatile market adding more fire to it's unpredictable and ever shifting nature and appeal. We all will get use to it at some point,
others have cleverly taken advantage with bitcoin's price dips. It's a matter of strategy and choices from here-on point.

Yeah so in simple words bitcoin price is all about demand and the supply so if in market bitcoin holders will sell their bitcoin at very low price then bitcoin price will  be low but if they will have some patience then market will rise again, but people sell intentionally to make market down so they buy again high amount of bitcoin to trade for long time at fallen price, so it’s all planned you don’t need to be worry hold your bitcoin soon you will be a victim of highest price of bitcoin.

Totally agree. There is no point that altcoins affect the price of bitcoin. Bitcoin can only be affected by the whales and altcoins are controlled by bitcoin. The lower bitcoin is, the lower altcoins are.
well, but I do not think that all people are selling bitcoin with the cheap price. Whales are selling their bitcoin in order to collect more bitcoin with a cheaper prce

Nope that's not the only reason. Recently bitcoin has been bombarded by lots of bad news this past few months like the recent sell out of worth $400 or 500 million dollars worth of bitcoin from a trustee from the Mt.Gox scam exchange. China banning all altcoin and ICO's, Korea also banning ICO and exchanges, india making it illegal. In fact its a miracle why bitcoin is still surviving.

It actually depends on the exchanger if they are following the official price or not, but since most of the exchanger are trying to synchronize their prices in the market then supply and demand is always the cause of it and we should not worry about the decrease in price since we can invest even more to earn profit.

If you mean is the dip that happen during last December to February this year then that was because of MT.Gox Bitcoin exchange in Japan in which they sold huge amount of Bitcoin during that months in which it result to totally fall down of Bitcoin price from $19,800 to $6,000. I though it was a normal corrections before but after the revelation i believed that this is a game of the big whales but discovered and revealed.

many negative issues about crypto including bitcoin and several restrictions that caused the price decline that bitcoin is enormous. Facebook, Google began to prohibit the advertising of the crypto and several countries declared ban also makes bitcoin down the price until today.

Conversely, a growing number of new altcoin types may affect bitcoin prices to increase, since altcoin values ​​will not be valuable if they can not be converted into bitcoins in the market. the market movement of cryptocurrency is very sensitive to the many issues related to the restrictions that may affect investors' confidence to feel hesitant to invest in bitcoin, one of which there is news Google will ban advertising sprung up about cryptocurrency. maybe that could cause bitcoin prices to decrease.

The demand of bitcoin is still more than enough in the market and the prices are not low because of this silly reason. Besides that, altcoins are as far as concerned none of them has the potential of attracting the lot supporting bitcoin towards it. There are simple followers of bitcoin, nothing more than that. Prices were down because of the correction and they are soon going to recover. We should give bitcoin some more time.

It is all about story of banning. When something is banned in somewhere, all the related people would be effected badly. So avoiding such circumstances, right now the users who have been investing in bitcoins, they started selling their coins.

They don’t want themselves to be at loser side. They don’t know about the reality of bitcoins. Right now, they need to hold rather to sell at low prices.

I think price of bitcoin is rapidly going down because of many negative news around it but not because of too many altcoin. China raise an alarm about banning bitcoin in there country likewise south Korea and we also  heard that Google will stop crypocurrency Ad.This kind of negative news will  discourage investors.

Hm. I strongly believe that news is created by the whales. Bad news always comes together, they never come separately. And when there are likely 100 bad news at once, the price of bitcoin will be drop dramatically. Right now, they are collecting bitcoin with a cheap price

I will not go that far, yes there have been a lot of bad news recently but to call it a miracle is a stretch to me, bitcoin is very resistant and it doesn't matter what you throw at it, it is never going to be enough to destroy it, in fact I think that what we're seeing right now is an attempt to bring down the price of bitcoin the most they can so that people that have a huge amount of money but that still want to invest in bitcoin do it for a fair price.

Well that is definitely because of the FUD's that bitcoin receives in the past few months. That has a very large impact on bitcoin's price and on bitcoin's trust rate. I also believe that alts do not have an inverse impact woth bitcoin, but a direct one. Alts can boost bitcoin's popularity, and thus, its price. And there are also big news that affects bitcoin's price like the banning of bitcoin in certain countries. Of course that would lead a countriful of people to sell their bitcoins.

It's rapidly going down simply because it's been affected by the crisis or because of whales selling their bitcoin. In addition to that, people who sell off during that time can also contribute to bitcoin's rapid fall down of its price.

I also think like you, with more altcoin will cause a decrease in interest in bitcoin. With more and more coin options, people will share their investments in other digital currencies. In addition, the ban on government use of bitcoin and negative news about bitcoin also affects the reduction of bitcoin price. So this will affect the confidence of bitcoin, so the bitcoin price continues to decline.

If altcoins sprouts like mushrooms in the market and most   are become successful it couldn't have been the price of bitcoins getting low. Because if altcoins are successful bitcoin price will also  increase because of demands because as we know all altcoins will be valuable if it is converted to bitcoin.

Having more coins in the market is not going to decrease the interest in bitcoin, the interest in bitcoin is still as high as it can be but the real problem right now are all the government regulations that we are facing and until that doesn't stop then it is going to become quite difficult for bitcoin or any other coin to keep growing in value for the long term.

This are some of the minor reasons for bitcoin price to experience sudden changes. It is quite normal for bitcoin to experience changes whether it is positive or a negative thing. Actually bitcoin system is commonly need to have an interaction on its price because these changes would help the system of bitcoin to develop and to have a better experience on transactions, investment and trading where its price is the main factor for people to used bitcoin and cryptocurrencies.

I don’t think that price fall is due to huge coins availability, if there is liquidity of huge quantity then price should be go up.

In my opinion some Goverments are trying to ban or regulate bitcoin & there is some news from Facebook & Google to ban ICO’S, low price of altcoins due to these news.

will it be done really?
and how will the world cryptocurency be developed without any support from google?
and does this have anything to do with the government?
is there politics too?

Hopefully the price will soon bitcoin normal again.
with respect to all the bans against bitcoin has affected prices cannot be predicted by us, all predictions have been destroyed since most news sites and countries which prohibit

You're wrong. Google is a monopoly. They all cooperate with the government. This helps them maintain their monopoly status. But I do not believe that such a primitive method of combating cryptocurrencies can have an effect. Perhaps the major players in the stock market and bankers have compensated Google ad losses in order to enhance the effect of panic.

Not at all.This is not a reason anytime.The price of bitcoin is fluctuate due to some panic selling,and some FUD in the crypto market.This panic and fear is occur due to the crash in the price of bitcoin.Hold is only solution at this situation .

I think it just normal for price of bitcoin and altcoin to fluctuate just as we are currently experiencing these period but i believe prices we soon pump up in no distance time.
However , one of the the major reason why there are fluctuations could be attributed to the supply and demand.
This is honestly the major factor that dictates bitcoin prices. This is simply because the  amount of Bitcoin being traded at exchanges is just a fraction of the available supply in circulation. Most Bitcoin is kept as investment, so it isn’t always for sale. In other world Bitcoin price is determined by supply and demand! Although Supply is well defined and well controlled but Demand is ultimately set by the number of buyers who are willing to buy additional bitcoins.

you have more to understand that the date on the market have a large enough offer bitcoin, and demand at all there is no of for the lack of popularity. in addition to the minimum popularity bitcoin, added yet a huge disappointment in the current situation.

That is not the reason,every crypto currency is falling now so number of crypto currencies is not a matter.But normally the crypto currency price will hit down trend in beginning of year so this is happening in this year also but many factors causing the price fall is rumors and ad bans from reputed companies.

Yeah, that's not the one factor that bitcoin price was down these days there's no effect even how many altcoins in the market bitcoin will still remain. Banning of ads in social media's maybe one factor of these happenings now the Google, Facebook and recently Twitter, these 3 reputed companies now are deleting ads regarding those users who post and share in ICO's project.
Meanwhile, this may affect also bitcoin price in the market that Japan now some exchanges are closing and one of these is Binance.

But that's only a speculation we all know both that bitcoin is decentralized coin maybe also it is a part of bitcoin that have a volatile to get tempted those investors to invest when price almost hit the floor.

It's all because of the sudden increase of bitcoin in the market last December. For now the reason why bitcoin is going down its because bitcoin is just taking a break from last December fast phase increase. Many people I asked about this and they said it the same as mine. Bitcoin is always decreasing by the First quarter up to the second quarter then it will regain it's high value by the end of the year or maybe the beginning of the last quarter.

The bitcoin will rapidly will going down because of holiday season especially this holy week season.This is the big impact why the volatie movement of crypto coins was going down beacuse the investors dump their profits for vacation purposes.

right . Once someone deliberately launches rumors to market, then people fear and sell what they have at low prices and this is the opportunity for those who create Rumors can buy bitcoin at low prices.

In my opinion, there are some factors that affect btc price drops rapidly. The first is strong competition from other new issued coins. The second factor is social media.Recently, facebook and google declared to ban any advertisement about bitcoin. This condition brings high impact on price fluctuation in the market. That is bad news for bitcoin.

Its because all investors pull out their investment in bitcoin because of an issue of it they think negative about crypto and most of investors believe it so the negativity of them are spreading right now and new investors are affected because of that issues.

the big issue issues raised by the people to make a profit is one of the reasons why the price of the bitcoin decreases so I think the issue of now is an important role why bitcoin prices are decreasing

Bitcoin prices always fluctuate in the market, and now many people do not want to invest in the market anymore, besides they participate in the bonus campaign to avoid the risk, I think that Bitcoin is now He recovered and received more social attention, in which Bitcoin was also the king of the currency and could not have other currencies crossed.

as many investors panicked and sold their assets. and this affects other investors and they panic then sell their assets. perhaps the main factor is the spread of issues about the bitcoin being criticized by google and some social media.

Panic selling which is being done by most of the investors especially the newbies and the decrease in the demand of the bitcoin in the international market are the two major things which are playing a key role in this much decline of the market value of the bitcoin since past few weeks. Things will be fine but that will surely take time and till that time, we have to remain patient.

While we will all like that the price of bitcoin returns to its previous levels as soon as possible we have no control over it, we need to find a way to try to deal with the current market conditions and still secure profits in the future and there is no other way that I can think of, and that is to hold for the long term, I know that means that you need to endure short term losses but at the end you'll get long term profits.

I think you have a point there mate because seeing the price coinmarket capitalization,we could see that when Bitcoins value becomes red almost all altcoins also turn red.I just thought that altcoins we're affected and also dependent on the price of bitcoin, when bitcoins movements in the market slows down so as altcoins.Another thing that I see why price of bitcoin rapidly going down maybe most people or holders worried about the banning issue in some countries and the banning of big companies like Google,facebook,even Twitter and Snapchat threatens them.I could see this would be a big impact to Bitcoin community because social media sites and search engine like Google contributed alot in the increasing of the population of bitcoiners around the world.Hopefully this Google banning issue would stop and hope this is not permanent.

In the lasted year, it was known to everyone that Bitcoins and altcoins are reciprocal to each other.  But now, things are getting better in this domain. Right now, prices of Bitcoins and altcoins are in parallel and getting in resonance. Since the prices are down now, you are strongly recommended to get into the game and hit the mark by buying at lowest possible value. Good luck.

Whenever prices are higher, the next month or the next few months will be the downfall of bitcoins. There are so many reasons behind it. We have been listening and reading to so many causes. Some says it is all about demand and supply rule, some says this is just because of the panic selling, some says it is because the bitcoins are going to dead. So defend opinions are coming at same time.

Like everyone predicted initially, the Bitcoin was in a bubble and the price was growing so rapidly that it had to fall and settle down.
During the transition phase in 2017, a lot of money was being pumped into Bitcoin and hence we were seeing its value rise on a daily basis. The trend attracted a lot of people and they were just pumping their money into this coin. Eventually, the trend died and people started withdrawing their money. Those who made good profits are living off them while the ones who lost money are disappointed for obvious reasons.
This has resulted in a loss of trade volume on the exchange portals. Most of the exchanges have reported a loss in volume of about 90% compared to the December 2017 levels.
The people are scared to enter this market because of the extreme volatility. More trust needs to be built before people will start pouring money  again.

Indeed I think because of government as you can remember last year China has been ban the exchanger and same for Korea. I guess we doesn't feel it yet before then as the 2018 arrive we are now experiencing the effect of this issue last year. And add more scammers that makes bitcoin notorious that's why facebook and google banned it.

For me the negative issues coming from the social medias can affect the price of bitcoin and causes of rapidly going down the bitcoin price. It can affect also to the investors to stop invest in bitcoin because of that negative issues and the supply and demand are affected with the reduce of institutional investors.

we don't have to believe what will be happen to bitcoin if they are saying the price of bitcoin rapidly going down because in a few days from now we all know that the price is slowly going up and i believe in bitcoin so do not loose hope for this.

Nope, it is because of regulations made by the governments and other big companies like facebook and other social media sites. Another thing is bitcoin now is being manipulated by a giant holders

this may be a factor of the impact facebook to ban crypto ads. but I see in terms of panic sales due to the drop in bitcoin prices, we can see in the market, a lot of which sell bitcoin than those who buy it. as we know, the high price depends on how buyers are interested in buying. but this is just an assumption from me, I also hope the bitcoin back stable again.

It's because many users want to cash out their shares as they really want money and some are afraid to have a great losses as they want to cut off their losses. Well, each users have their own prerogative rights and decisions which will able to do but somehow we can't even control the downfalls of bitcoin rapidly. As we know bitcoin is so unpredictable that can be suddenly increase as well as decrease but I believe it will recover soon in the future.

Nope. I think the reason why bitcoins price goes down is because of banning of bitcoin in other countries. The price of bitcoin has a connection to the population of bitcoin users because if bitcoin users decreases, the bitcoin price decreases too and if bitcoin users increases, the price of bitcoin increases too.

I can say that the numerous rise of the altcoins have contributed to the fall in price value of the Bitcoin. The other part is the price regulation on the Cryptocurrency market as a whole.

Take a look at the speed of Bitcoin development. It increases and decreases rapidly because of the news either by governments accepting or prohibiting Bitcoin. That is a very normal thing. But if you invest Bitcoin three or five years ago, you still find that Bitcoin's price is very high

Probably because many do not like or oppose bitcoin that makes investors feel uncomfortable or afraid, and in addition there is some hoax news or news about bitcoin that is not true and in addition there are some countries that prohibit bitcoin to enter in the country and google also reject that. because one's success will be an obstacle and many trials like the current bitcoin situation.

I think this issue has long been circulating and does not really affect to the crypto market. yesterday the market got green for a while and then the price went back down. I draw the conclusion that many users are selling their assets when prices go up even if only a few percent. many users lose a bit of their trust to bitcoin. thus selling their assets, that's why bitcoin prices do not go up and more often to decreases

The rapid price reduction is because people get frustrated with what happens to their investments because they just listen to people and do not do the actual research. I believe it is because people who just want money invest only in bitcoin without knowing what it really is. The way many people advertise bitcoin is very wrong in my point of view because most of them say that bitcoin will become very very big without knowing the exact value and use of bitcoin

The rapid decrease of bitcoin prices is not expected by anyone.However for some reason it's price falling constantly.Such as the over presence of altcoins,ban ads of btc by facebook google and others and regulations of govt.Some investors are selling their coins cause off depression.Most important fact is that in crypto market price fall before rise again.It's the most systematic way of crypto market.

I guess it’s normal since bitcoin is volatile, in addition to that are the negative news flying all over social media sites and some countries banned bitcoin. I hope that despite of those obstacles bitcoin will rise and continue for a long time 

Maybe bitcoin down is influenced by some aspects that are very influential on the rise and fall of bitcoin prices, such as many offers than demand So that bitcoin prices themselves down and some are assuming effects from the beginning of the year, and again many who think that because of the elements of the news negatives related to this bitcoin

I think it's a combination due to the recent ban from Facebook, Twitter and others and also because of the fake news that some governments spreads among their people

That really caused confusion to all investors mate, many of them felt some minor cases of panic. Particullar on days traders, but the long term trades wasn't showing up their emotions and rather than stressing out themselves they prefer to choose holding for good. Even some people now losses their trust with bitcoin, it isn't a reason for different groups to stop their dreams on crypto. As long as there's life everything is possible to happen, and every tommorow is our another hope. The roller coaster is going to be shaky and excitement still a long process to take.

Sure when new users use bitcoin is makes the price use to change as someday it become high and when a lot of people sell their bitcoin at low price as when the panic bitcoin the price of bitcoin is market get down, so its natural no need to be about the price fall of bitcoin, we are almost bitcoin legal users so we can say price will increase now, in my place bitcoin is being use everywhere and it is acceptable for all kind of transactions and payment for goods we want to buy, I think bitcoin price will go high with double speed than it was going down few months ago.

There are 2 reasons why bitcoin is rapidly going down:

1. The FUD's spreading across the internet greatly affects the price of bitcoin. We know that aside from the pro investors, there are some investors who has weak hands and once they saw a negative news about bitcoin they will immediately sell their bitcoin.

2. This one is only my opinion and don't see this as a negative one. Maybe bitcoin is being manipulated by a group of rich people at this moment so it has been down at the 1st quarter of the year.

It is not only Bitcoin but all the crypto currencies are this way. It is the most prominent one among them because it was the first digital currency ever made and also it is most volatile in nature. no other crypto coin decreases at such a low rate as Bitcoin does and similarly No other alternative coin declines at this pace because it present in a very small quantity. It is the benchmark for all other digital coins also.
Fake news everywhere and government regulation are making this awkward situation which nobody from us likes this.

Asking that question has been answered on some posts before. Yet with regards to yours, large number of altcoins has nothing to do with the price drop of Bitcoin. It because investors fear on the negative news about crypto currency that spread allover. People are panic selling their stocks which makes the supply abundant and the demand scarce.

I think the cause of the Bitcoin price is rapidly going down because of the activity in the market that is not too big because many are holding Hold and the selling rate is higher than the purchase rate. CMIIW

It is normal time, when bitcoin rapidly going down, one year ago we can see the same situation, but everything will return to normal in time, we need to be patient.

I do not see any connection between the greatest number of altcoins and Bitcoin fall. Bad news and fud have the biggest negative effect, this is true. The ICO's ads ban by many sites also influenced it.