Reason of the price fall

[xyandrobot]

Hackers and frauds are a big influence on the current crypto price. is very detrimental to investors but it is benefiting new investors who will buy crypto with large quantities and low prices.

[Brunus]

What we see in these days is pure market manipulation: big players make massive selling, just to lower the price to buy againg cheaper.
That's normal. Keep calm.

[sergiom]

This is so funny and nostalgic and the same time to really topic like that, because we have already seen Bitcoin going to $19,500. And then gets low to $6,000 again

[coinluisa]

I think the reason of falling of the price now is because of people panic selling because they see bitcoin is continuing to fall and whales so happy because many of people are selling their poor bitcoin. Stay calm because it will recover and you will regret why you sell your funds in a low price.

[staradvincula]

Last January and February of this year, Mt. Gox, Trustee, Nobuaki Kobayasi sold $400 million of bitcoin and Bitcoin Cash. And in addition to the further fear in the market is that, he still owns $1.7 billion worth of Bitcoin. Finance, one of the popular crypto exchange has been hacked in a attempt to influence Viacoins price. And according to SEC, crypto exchanges should not be called by the name since it creates an illusion of regulated activity. Because there are various trading platform where investors are misguided. They made believed that the platform are SEC registered and regulated marketplaces even if they are not. A statement from Financial Services Agency (FSA) came out regarding the suspension of domestic crypto exchanges. And because of this, Bitcoin price will lead to nearly 11% plunge.

[ejandjm18]

When there is more demand for a stock price goes up and when there is more sellers, price goes down. The reason for more demand can be due to some positive news on the company, like a report that shows profits have increased.

Similarly drop can be a news like government imposing some regulations that will affect the sales of the company. Like this there are various news flows which will direct the price moves. A person who is able to connect the dots of the news flows better and smarter has the edge to gain in the markets.

[setupbounds]

yeah exactly hacks always lead to price fall

There are so many reasons for the price fall. If we talk about the basic one, it is the fall in the demand for the crypto or Bitcoin in particular that results in the price fall. The price can also fall due to rumors spread by those new guys who loss early money due to incomplete information about the technology and the market and thus make unwise decisions. Selling in the red market also contribute to loss.

[Bitexpert2017]

I do not know this is true or false, I think the bitcoin price is down because here many people spread fud about btc so many people do panic sell and cause the price down, but I think there is a group of people who deliberately do that so bitcoin price down and buy it in large scale

[btc78]

I know about the demand and supply and its the reason a marlet gets different price at different price but what make bitcoin users to lead to this pricefall..I mean once there was 1btc = 500$ and after that I herd some hackers have hacked some exchanges and many scammers also poped out during those days..and this all leads to currenct price of 230$ I hope some peoples will do something to avaood these problems as much as we can

if only this issues is happening today and the same prices has being mentioned I definitely sold my folios to buy sole coin and that is bitcoin running about $230 damn i will be a very rich person in fute,i hope i had been in this industry that year,when bitcoin is so cheaper but now thats harder from reality that we can purchase bitcoin

[dadababa]

it`s an another circle? it`s funny to see in this year, how about 2022 when we look it back?

[verziagra]

The current market conditions are bad due to hackers and bad issues about crypto. As a crypto holder I can only wait until the crypto market conditions recover and hold it for the long term

[topkhai]

Bitcoin's are sensitive to bad news. Such as collapses of exchanges, technical issues, double spending, block size debate etc.

Some investors are very frightened of it, they panic when there is a bad thing issue that about crypto then withdraw their digital assets. I think this also greatly affects the price

[BigBos]

I know about the demand and supply and its the reason a marlet gets different price at different price but what make bitcoin users to lead to this pricefall..I mean once there was 1btc = 500$ and after that I herd some hackers have hacked some exchanges and many scammers also poped out during those days..and this all leads to currenct price of 230$ I hope some peoples will do something to avaood these problems as much as we can

if only this issues is happening today and the same prices has being mentioned I definitely sold my folios to buy sole coin and that is bitcoin running about $230 damn i will be a very rich person in fute,i hope i had been in this industry that year,when bitcoin is so cheaper but now thats harder from reality that we can purchase bitcoin

Well, bitcoin does play an important role in the price of coins, especially now. we can see the proof, when the bitcoin price decreases, then almost all altcoins are dumped. well, that's because almost all altcoins are based on bitcoin prices.

[Betwrong]

What we see in these days is pure market manipulation: big players make massive selling, just to lower the price to buy againg cheaper.
That's normal. Keep calm.

Whether regular people like me and you keep calm or not it doesn't matter. The amount we, all combined, can sell or buy in one day is much less than that of the whales. So, we have to realize that keeping calm and holding during these days is to our advantage and not to anyone else's. In the past I thought that panic sellers can contribute significantly to the price falling, but not anymore. Only the whales can make a significant contribution to either falling or rising of the price. Since they have a lot of BTC it's in their interests to make the price of it higher, and surely they will make it higher eventually because they are capable of doing so.

[TechnoBibble]

The fall in market value of Bitcoin and other altcoins in recent times can be attributed to recent Fud and restrictions from different world governments that have created panic sales despite strong belief that Bitcoin's market value will reach $ 30,000 before the end of December this year.

[afanase]

Some people are saying that date of ban is coming near in India and thus all Indian investors are selling. This has caused decrease in price.

[PizzaBTC]

I think, many reasons why bitcoin prices fall, bitcoin prices are fluctuating sometimes up very high but then down again even down, maybe some bad news and a lot of people who need money, so a lot of selling will result in bitcoin prices getting down

We see the only reason in present situations which is the demand of people, as the demand rate is low these days which brought decrease in the market value. But we know further that low market is the sight of people and they want to invest in low market in order to get large quantities of collection of coins or currency so that they may be able to make huge profit.

[buyukwoody]

The crypto market is fluctuating recently. This situation affect the price of bitcoin. Manner of the governments against cryptos and speculative explanations by miners or mining companies fluctuate the prices.

[liivii]

It's because Bitcoin is still in developing process so price drops are just a part of it. But too much price drops are not good to us that holding most of the coins in the market for our future purposes. So having a good knowledge on what's going on everyday to crypto market is still needed for us to monitor our coins so that we'll not end up losing too much money instead of getting profits.

[peterpeterpeter]

I also thinking that the reason of this price decreasing is thru the scammers who are gradually increasing.
Because some Investor are afraid to loss their money because of this criminals who are taking advantages for their self interest.
We need to stop them for the sake of Blockchain technology.