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Author Topic: Reason of the price fall  (Read 4987 times)
arthotdog
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June 22, 2018, 11:05:53 AM
 #141

The fall in the market value of Bitcoin and other altcoins in recent time could be attributed to the recent Fud and ban from different government of the world which has created panic sell though there is strong believe that Bitcoin market value Will reach  $30,000 before end of December this year.
thAt is hallucinations expecting bitcoin could reach $30,000 is craziness this will never happen this year and neither next year as the whales continuing to manipulate the market so lets expect more than dropping from the last six month,if bitcoin may grow this december the maximum value it could hit is $8,500 and nothing more to wait
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Dancobit
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June 22, 2018, 11:35:17 AM
 #142

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.
CryptoPastadigger
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June 22, 2018, 11:37:09 AM
 #143

yeah exactly hacks always lead to price fall
Shanmatthew
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June 22, 2018, 12:25:41 PM
 #144

Definitely,the reason why btc price is going down its because many investor are scared for some hacker that do bad things in crypto.until now in so on hacker is always do hack some coins that give high volume and low security in their site.I hope these happen can resolve and improve the security of their site to protect many investor.
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June 22, 2018, 12:37:34 PM
 #145

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
Rose119
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June 22, 2018, 01:00:29 PM
 #146

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

Fake news can also be the reason why bitcoin price decrease, but what ever mau happen in bitcoin just hold your bitcoin because selling in low price will not help you infact you will lost your money if you do that.
Lazada
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June 22, 2018, 01:01:51 PM
 #147

wow now the bitcoin price is experiencing a very drastic decline. even I could not believe that bitcoin has decreased again because for several days when bitcoin price is quite stable and even can increase for several days.
sepeda karat
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June 22, 2018, 02:36:08 PM
 #148

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.
LETme
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June 22, 2018, 02:48:25 PM
 #149

I'm not sure if demand on bitcoin starts to decline. I just figured lately there were a lot of bad issues about bitcoin and it made its value go down.
Yeah that is one of the reasons why bitcoin keeps falling because of those negative news and it cause by panic selling and to those people who sold their bitcoin they also contributed to the dump, so we need to be patience because it is the key to become victorious at the end.
iram1011
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June 22, 2018, 02:48:31 PM
 #150

There are various reasons for the price breakdown.

  • Market Manipulation: This tops the list because recently price isn't following any fundamental or technical analysis. I agree crypto space is unpredictable. But when price didn't get affected due to recent Bithumb hack and when price was in bullish territory, a sudden fall came without any valid reason tells a lot about market manipulation.
  • Regulations: It is normal that a centralized system can't accept the freedom of decentralized system. Countries are bringing in unnecessary regulations which stops institutional money from entering the market.
  • Amateur market: Crypto market hasn't yet matured enough. The volatility is pretty much high because of lack of volume. The premature increase in price last December and market still going a price correction because of that isn't an example of mature market.
pellor mas
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June 22, 2018, 03:13:34 PM
 #151

Data Coindesk pointed out that bitcoin prices dropped to $ 12,000 for the first time since December 5, 2017. The bitcoin price listed at 11,685.24 US dollars, equivalent to Rp 156,579 million.
vivavivu
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June 22, 2018, 03:19:02 PM
 #152

Speculators make it, i am sure. Have a lot of hackers have BTC via their hacking, and they will attack market when they want.
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June 22, 2018, 03:21:03 PM
 #153

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 prices in the market is always depending on the demand and supply of any specific cryptocurrency and that is the reason why the market is volatile just like what is happening right now.

kokobaba880
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June 22, 2018, 03:31:37 PM
 #154

i think bitcoin price fall because of the bad news regarding bitcoin illegality and many of the countries show against behavior about bitcoin acceptance so the price is badly affected and i hope that this price will recover soon.

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June 22, 2018, 03:36:25 PM
 #155

Price falls because some investors dumps their assets, crypto beginners always make an mistake cause they regret after dumping their assets. some factors that causing price example for bitcoin is some fake news that btc will end its existence so people afraid and quickly sell their btc without thinking wisely.
speedy1987
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June 22, 2018, 06:39:27 PM
 #156

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

There are so many reasons why btc is dropping, some intend to post more speculation that btc will end. Even there are many speculation about it I am confident btc will go to the moon. Although we cannot say when it would be but at this time lets observe the market
Kingjagat
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June 22, 2018, 07:23:06 PM
 #157

So are bitcoin prices destined for a collapse every time they approach ... Exuberance driven surges aren't the only reason prices can rise unnaturally.





I think everyone knows that old things get value for years. no matter if the computer or the .bitcoin table will achieve it, be patient for the next few years will reveal the real bitcoin value
bitcoin requires two things government support, currently mostly avoid it or ban it, or put some rules to own or want to get it, another thing is we need new investors and more people believe, the market will be more interested and new money. Otherwise, we will be around 200-300 dollars, but as soon as the mine ends, history will change as bitcoin will become something unic.
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June 22, 2018, 07:58:06 PM
 #158

I'm not sure if demand on bitcoin starts to decline. I just figured lately there were a lot of bad issues about bitcoin and it made its value go down.
Yeah that is one of the reasons why bitcoin keeps falling because of those negative news and it cause by panic selling and to those people who sold their bitcoin they also contributed to the dump, so we need to be patience because it is the key to become victorious at the end.
Thats right mate once we dump our coins we contribute on the market to fall continously,FUDS have made the holders to distrust on bitcoins concept that is why some are skeptical on it and started to panic on the current declines of bitcoins value.

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June 22, 2018, 08:26:14 PM
 #159

The first half part of 2018 is a bearish market and we cannot do anything to change the situation because it need to have a lot of money to change any strong trend.
Anyway market may be bullush or bearish it is a characteristic of market and now we have to wait a new bullish trend.
If you want to find the answer the question "why has it happened?" it is waste of time because you are not able to take into account all factors.
rasu_pa
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June 22, 2018, 08:46:11 PM
 #160

OK. There are many factors for price fail even in 2018. Major factor is the regulatory uncertainty and if crypto market can attract institutional investors or not. And other factors are numerous rumors, hacks and negative media coverage.
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