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Author Topic: Why Bitcoin is dropping ? who can explain me ?  (Read 532 times)
AngelSky
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January 04, 2018, 11:10:09 AM
 #61

Bitcoin dropping recently occurred due to a number of reasons, primarily due to a lot of negative information from the press about cryptocurrency as well as Bitcoin that made many people skeptical about the currency. Second, there are many Bitcoin trading floors occupied by hackers and stealing large amounts of Bitcoin. And the last and most important reason is that the investment trend in Altcoin and ICO in 2018 is very high instead of investing in Bitcoin as in 2017.

You, me and others who have been known complete price factor of bitcoin but all the people comes as newbie does not know about it. They just fear because of these kind trollers words and jump to different altcoins.
This time we will find the bitcoin dumped due to hard fork as like every time we see but this hard fork completely affected the price suddenly bumped in the month November and December. Recently, you are seeing dump due to investor migration from bitcoin to different alts. Soon they will comes to btc once it bumped.
klim75
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January 18, 2018, 06:57:47 AM
 #62

I think because of supply and demand.
Dropping means many are selling their Bitcoins and increasing means many are buying Bitcoin.
At the end of the year before hollidays  people are selling it too much because they need money.
gulechain
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January 18, 2018, 07:16:40 AM
 #63

Bitcoin price changes are mainly affected by the following points:
1, industry exposure (media attention), the Internet era, this is particularly important and fast;
2, government, legal bitcoin attitude, which has a great impact
3, bitcoin "mining" (the production of bitcoin), because bitcoin mining need to invest a lot of resources, mainly electricity and mining machine costs, to a certain extent affect its price
4, hackers (robbery), although this is not to determine the influencing factors, but in the case of bitcoin stolen, especially in an exchange, many Bitcoin players will lose confidence in bitcoin, the formation of selling.
bunsd
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January 18, 2018, 07:22:30 AM
 #64

Ups and downs are the result of the price game between the supply and demand sides of the market. How to reflect the value of bitcoin itself now do not know, but some businesses are gradually starting to use bitcoin as a payment method, otherwise it can only be a kind of game currency, there is no value at all. Therefore, any market acceptance and recognition of it will bring great benefits, otherwise negative. Moreover, individuals believe that the market is now more profitable short-term operation, resulting in price fluctuations.
nikjain422
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January 18, 2018, 07:24:07 AM
 #65

I think it is a regulatory drop and thinks will get stable in some time.I know there is a speculation that it is a bubble which is about to burst but if  any of you have notice when the prices of bitcoin were going down their was not a single alt coin which was doing well.That is what i want to explain if bitcoin falls it takes whole cryptocurrency with him and that is not possible at all.The situation that was created in last 2 days is a great test of characters.Many investors have panic in this situation and sold their coin which probably would cost them in future.This is certain that the prices will grow because with this potential of bitcoin sky is the limit.
dashchain
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January 18, 2018, 07:28:55 AM
 #66

The level of interest in bitcoin affects its price volatility. The more people who know Bitcoin, the more attention they get, the more likely it is that Bitcoin will go up
Johnnie Kien
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January 18, 2018, 07:35:44 AM
 #67

mybe for some reasons, these is:
1. 'Tis The Season To Be Spending
2. Altcoin Overload
3. Bitcoin Cash Confusion on Coinbase
4. Market Manipulation
5. Hacking & Regulation
6. The Bubble Was Real & Crypto Winter Is Coming
Estreal
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January 18, 2018, 07:42:59 AM
 #68

The fall in bitcoin can also be traced to certain government regulations and policies on cryptocurrency which triggers panic and fears and eventually results into massive sell off. For instance isthe recent uncertainty over crypto trading in South Korea which triggered a panic sell-off of the virtual currencies,bitcoin Ripple, ethereum and other cryptocurrencies.
busua
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January 18, 2018, 07:59:23 AM
 #69

The attitude of governments towards Bitcoin will affect their prices. The more countries recognize, the more favorable they are. The more countries are blocked, the more negative they are.
arorts
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January 18, 2018, 08:00:56 AM
 #70

Why Bitcoin is dropping ? who can explain me ?

and when stop ? any idea?

It's not really dropping. I noticed that it didn't get below the $12k rate so I think its the correct rate of BTC after it was pumped to $19k. Aside from that lot of people withdrawn their funds because of the holiday expenses so I guess it really affected the market. Everything is based on supply and demand so don't worry it will go up again soon, just wait.

How about now down at $10,500 ?? Just curious...
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