Gladiator25
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June 27, 2018, 03:36:38 PM |
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For my own opinion, the reason why the price of bitcoin is falling. Because bitcoin is decentralize which means there are no government who implements the price of it or we could say it's price is not manipulated by the government. Also, one reason why it's price is falling because it works on supply and demand, which means if the supply is limited the demand is high, but is the demand is low it means it's supply is high. These are the reasons i think the cause of falling in bitcoin price.
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Konco126
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June 27, 2018, 03:47:55 PM |
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I think the price drops as it is now due to the prohibition of bitcoin usage in some countries even there has been an offense. This all makes a lot of people sell the bitcoin that makes the price fall. But calm down, when prices fall there must be many more investors who want to start investing. It will not be long before prices will rise again.
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komatovo
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June 27, 2018, 03:57:59 PM |
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because there are criminals who are playing, by selling all the bitcoin they have earned from the bitcoin scam website they have created, and also the falling XPY price is now also the cause of bitcoin down,
Many HYIP sites underwent bitcoin investments that led to a scam, and now it's time for scammers to sell bitcoin from their scam.
On June 10th, Coinrail announced that their system had been hacked. This spurred a 90-minute Bitcoin sell-off that took the price from $7,620 to $7,320. The incident saw the exchange lose more than 2.6 billion NPXS ($20 million USD) and more importantly for Bitcoin holders, it widened Bitcoin’s loss for the year to 48%. |
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KenChanYu
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June 27, 2018, 03:58:51 PM |
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it seems that the reason for the falling bitcoin price is from bad news that attack bitcoin prices and circulating in some media about Fraud so a lot of traders who experience panic and sell at cheap price.
well actually media also become an important role in this matter. we can see that meeting several countries has made bitcoin prices to be under $ 10k. well, I think so many negative news about bitcoin lately. Media covers a wide audience and could have a positive and negative impact in the increasing and decreasing number of demand whenever there are negative news against bitcoin or other cryptocurrencies. Aside from this, other considerable factors that affect the price would be the banning issues, panic selling, FOMO'S, FUDs, and misconceptions. It could also be due to the restriction of its usability or limitations of its wide acceptance. |
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Gheka
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June 27, 2018, 04:19:04 PM |
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I think the price drops as it is now due to the prohibition of bitcoin usage in some countries even there has been an offense. This all makes a lot of people sell the bitcoin that makes the price fall. But calm down, when prices fall there must be many more investors who want to start investing. It will not be long before prices will rise again.
Personally, I never thought the bad news would affect too much bitcoin, it should only affect to some degree, and the present case is very different, there seems to have been some change in this game, despite the resistance, the price of bitcoin always goes down. And I was thinking of a case, that is a new forces are entering the market, they are blocking the old forces pump the price, this has made the market almost chaotic, this is a war just ended when the winner appears, this situation will last for some time, the most carpet will be the middle and small investors, they are suffering the fragments of this war |
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HiringYou
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June 27, 2018, 06:55:37 PM |
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Reason due to which the price of Bitcoin fall is it's demand.Whenever the demand for Bitcoin is decreased, a drop is seen in it's price.The demand for Bitcoin is affected by any false news regarding it.We often see a drop in the price when a news against Bitcoin is there.This is because people investing in Bitcoin starts selling their BTC's on large scale in order to get maximum profits out of their investments because they think that the price will keep on decreasing .But this panic selling drops the price more.
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intoy_victor
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June 27, 2018, 09:16:44 PM |
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Well there are many reason bitcoin is fall down like bubble , hacked exchange sites and banning a country not to invest bitcoin like China. But commonly bitcoin fall when at beginning month of the year and dump up at the near end of the year.
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futuret
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June 27, 2018, 09:22:52 PM |
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the reason why bitcoin prices fall may be because of bad news that makes bitcoin prices fall because of many traders who panic so many who sell at cheap prices and make bitcoin prices fall.
But instead of listening those fake news we should search and explore different site to know about the reality, it is not good to listen other people as most of them are just there to distract you and it will get you lose to paying attention towards those fake news, other thing I want to say that one should not sell their coin at panic, not even in the worst situation, just have patience price will recover soon. |
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nabinkhadka
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June 27, 2018, 09:30:57 PM |
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This is already the history and rest is here with us. We are from nearly 19000 $ to 6000 $ in just matter of six months. Well. i believe we didn't had an organic growth back then. but i trust the next bull run is going to crazy and organic growth.
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kive2k
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June 27, 2018, 09:35:50 PM |
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I think this is something like a correction, whales want to add hamsters to their bitcoins and crypto currency, you need more patience and wait for reverse growth.
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badungs
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June 27, 2018, 11:13:04 PM |
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there may be many reasons why bitcoin prices go down. it is true that bitcoin prices are falling at the moment but there is nothing wrong with that. may be the cause factor is from the point of demand and supply. maybe the current demand for bitcoin is smaller than the supply or supply, so the bitcoin price is lowered by the day. and I'm sure if demand can be greater than the offer, maybe the price will rise again. This is not the first time bitcoin prices have gone down, but there are always some corrections and then prices go up again to some extensions and I hope it will continue in the future as well. and it could be because of the negative news about bitcoin.
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jaja colleen
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June 28, 2018, 05:54:35 AM |
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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.
Actually there's so many reason why the market price decrease and also that one of the reason why, but i think the reason is when the bad news release even its a fake news and many people sold their token because they follow what the others people do especially who people don't have enough knowledge about crypto market. The manipulation of the big whales one of the reason why bitcoin falls down,they are spreading false news to be afraid those people who holding bitcoins and they sell it in a lower price even they are losing their profit,and because of the big supply of bitcoin in the market this is the reason of bitcoin huge price drops. |
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Kurokyy
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LETS GO ADAB
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June 28, 2018, 07:21:59 AM |
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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
The reason for the price of bitcoins to fall is just very simple, since market price is depending on supply and demand then there are more people right now who are preferring to sell their coins due to some reason which is fud or panicking. |
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soltantgris
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June 28, 2018, 11:55:12 AM |
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it seems that the reason for the falling bitcoin price is from bad news that attack bitcoin prices and circulating in some media about Fraud so a lot of traders who experience panic and sell at cheap price.
well actually media also become an important role in this matter. we can see that meeting several countries has made bitcoin prices to be under $ 10k. well, I think so many negative news about bitcoin lately. In my country government television and advertisements are trying to set the People's attitude towards bitcoin and other cryptocurrencies to negative side, so people would not trust in them. |
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Maddinson100
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June 30, 2018, 07:13:20 AM |
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because there are criminals who are playing, by selling all the bitcoin they have earned from the bitcoin scam website they have created, and also the falling XPY price is now also the cause of bitcoin down,
Many HYIP sites underwent bitcoin investments that led to a scam, and now it's time for scammers to sell bitcoin from their scam.
People often say it is of no use for a thing to perform better in an environment where there is blackness of your enemy or competitor. That is really absorbing in this case as well. Bitcoin is single element and this whole world of scam and fakeness is just revolving around them finding anything that can be used as bad for promotion. And that is why bitcoin has faced so much threats. |
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Sofiyah
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June 30, 2018, 07:55:43 AM |
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the reason why prices are falling? probably because of bad news about bitcoin. like the news a few weeks ago if hacked exchangers and hackers managed to steal bitcoin. probably because that the bitcoin price drops. hope, market will rise again.
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engwenqu01
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June 30, 2018, 08:12:15 AM |
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Very simple is the funding problem. Investors will naturally sell if they don’t make money, and then make withdrawals to make money elsewhere. This is the most fundamental reason.
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giarised
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June 30, 2018, 10:07:17 AM |
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For my own opinion, the reason why the price of bitcoin is falling. Because bitcoin is decentralize which means there are no government who implements the price of it or we could say it's price is not manipulated by the government. Also, one reason why it's price is falling because it works on supply and demand, which means if the supply is limited the demand is high, but is the demand is low it means it's supply is high. These are the reasons i think the cause of falling in bitcoin price.
Several reasons are responsible for the price up and down but all are not contributing equally, the main factor is the demand factor which controls the product formed. I mean to say that increase in demand rate increase the value and decrease in demand rate decreases the value which is a general factor. Now the current market indicates that the demand rate has decreased that is why the value is low. |
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hatsoff2btc
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June 30, 2018, 10:30:15 AM |
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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
I think their are a lot of causes now why the price of cryptocurrency has falling. Cryptocurrencies are suffering this bad and greedy people like now a lot of scammer's are entering the world of cryptocurrencies and sadly to say that a lot of investor's are afraid to invest their money in cryptocurrencies it's because of this uncontrollable scammers. Currently we are just looking at the graph rating of the demand and price lines which are fluctuating with the passage of time irregularly. This means that the market is unstable and we do not have a stable price in the market which is currently around 6k dollar. However this price reflects a favorable market for people so as to get large quantity Bitcoins by investing fewer amounts. |
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Taki
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June 30, 2018, 11:14:31 AM |
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As one of the reasons of the last drop can be called ICO ads ban by Facebook and the hack of South Korea exchanger the last week. The situation is seemed coming to normal, but who knows for how far?!
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