Reason of the price fall

[developer101dev]

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

Most of the people today prefer to sell their coins due to some different reasons, but the most dominant reason is the negative speculations that is being produced by different analyst which affects the market prices to dump.

[kxp]

There was a huge fud on the market and there was a lot of pression too, so the price has been dumped hard, i have seen a lot of icos dying because of this market too, and it is more than sad, but what can we do about this? Just wait and see what happens next

[Ikay]

Yes you're right the price fall is because of exchanges were hacks and also the government banned bitcoin in other country that's also a possible reason and because of that many investors fallback and do not invest so we can do now solve that issue to improve more the value of bitcoin and make a positive reason to it.

[Btcschool]

This decline has occurred in Asia, however, in recent days, volume has decreased, where today the volume decline of both countries fell by 30 percent.

It is not only in Asia but in the whole world the situation is very worst. People are withdrawing or converting their money to Altcoin because of the falling price of bitcoin and due to this the price is dropping more and more. Whales are also the reason for falling bitcoin price. Maybe there are other reasons but these two are the big reasons for fall in the price.

[Daimon88]

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?!

It doesn't matter if the price fall will last until this year because it doesn't matter, it is all about long term plans and sticking to it because that is the secret for a very progressive move for each and one of us, price fall are just challenge for us if we will be able to cope up with the situation and still be hungry like before.

Price generally falls with demand rate and for a specific source like the Bitcoin its price falls with decrease in its demand rate. Now days the Bitcoin is inside its low price circle but we have seen that price has been improving since 7 days which is a very good point for all of us. Now our only focus should be on present market which has benefit for us to invest with greater amount in order to have large quantity of coins on low rate.

[gamalzour]

despite all the news hindering the price in some ways like usual.

isnt there a rumor where ubs is on the 1st banks to use the techology as a settlement coin for between partnered banks.

i think itd be huge if they got it to work. it was on the reddit threads recently.

There's many reason why prices in the world of crypto currency is falling especially as of now. Maybe many stock in the market, many competitors regardless in the prices, marketing of crypto currency, dumping and bumpimg of the project.

People are aware of this demand and they are looking for the right opportunity to invest on lowest price so that they use lesser money which is a benefit and is available in the current market. The low market price indicates that people’s demand has reduced that is why the value has decreased. Now this low market is encouraging people again to place their wealth here which is better for us if we do so.

[Dingdong7]

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

You should also know that bitcoin is volatile, meaning price is ever changing. It might increase continuously but there is also an opposite reaction which may cause the decrease of price. Be aware that unless bitcoin is fully recognized and accepted, there will be no stable price. That's why, while people is not yet into it, buy now and have it as an investment, in time, I will go stable.