Reason of the price fall

[putrii]

it seems the main reason for falling bitcoin prices because bitcoin has bad news that makes many traders panic and make them sell their assets at a very cheap price because it is too panicky. you should take advantage of moments like this to buy as much bitcoin as you can.

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[Kate Beckett]

The market reacts (with a clear delay) to breaking the crypto-exchange Bithumb. An official statement about the intention of the South Korean government to understand the incident, could undoubtedly provoke a mass response and an extensive response from South Korean crypto traders, who promptly began to withdraw assets from the market.

[yusupjatigumilar]

the reason why bitcoin prices fall, one of which is a lot of negative news that befell bitcoin, such as crime, store illicit goods, etc .. this certainly makes the investors go left bitcoin and sell all the bitcoin assets they have, of course, this makes the price of bitcoin decreases and trigger other owners to sell panic, for fear of losing, finally domino effect occurred

[@hosimanaka]

Now that the whales have withdrawn capital from the market, perhaps this is a whale regulation, they will come back in time, so be patient in holding the coin for long periods of time.

[Vineeta2october]

Biggest and main reason for the price fall of Bitcoin is the manipulative nature of the market. There are some whales  which can manipulate the market whenever they want by putting large buy or sell order.

And other reason is negative news. When people see anything negative, they want to get rid of it and put their sell order which causes the price to fall.

[Semosuchi Tesongrato]

Everyone talks about the bubble of tulips, forgetting that it was actually a speculative bubble, while the bitcoin - or, better, the crypto - are the inevitable future of money.
It is obvious that the institutions will oppose and do everything to boycott and resume and control, but they will not succeed.

We will win.

[golovayv]

I think that the news background did not significantly affect the price reduction, and there have not been any important news lately. Many people who entered the market and waited for a quick "to the moon" were disappointed, and now, with a drop in prices, they may have started selling. Perhaps the reason why Bitcoin price falls is the lack of a flow of new money.

[Aristus]

When there is such kind of situation that happened and everybody heard about it it can actually affect their interest of making involvement in crypto world. This will make the price dip but the said situation is just part of the reason of why crypto currency dip sometime, FUD,  media and the weak holders are also a big contributor of this dip time

[Daboy_Lyle]

In my opinion the reason of the price fall is because of the pump and dump group.

Pump and dump group are  denoting the fraudulent practice of encouraging investors to buy shares in a company in order to inflate the price artificially, and then selling one's own shares while the price is high.

I also think that falling of price is due the population of bitcoin users that sell or buy at the same time.

Source: Pump-&-Dump

[Betwrong]

Various parties have analyzed that the Cryptocurrency phenomenon triggered by Bitcoin is just a momentary phenomenon, or the cool word is the Bubble phenomenon.
Why is it said Bubble phenomenon? Because like a soap bubble, can at any time break and crumble.
There are even equate Cryptocurrency phenomenon is like Tulip flower phenomenon in the Netherlands hundreds of years ago. Tulip flower phenomenon horrendous to Europe to raise the price of Tulip flowers until many times the price should be. Until finally the bubble burst and Tulip prices back to normal, and left many people who lost money.

I don't think it's a good comparison. Bitcoin ain't no Tulip flower and here's why:

1. Only a limited number of BTC can be produced during a certain period of time and for life;

2. Bitcoin has no expiry date;

3. You can't even compare the level of education of those grasped by the Tulip mania and people who are using Bitcoin today.

The reason of the current price fall is that the whales want to buy more BTC at low price as soon as possible because they know well that massive adoption is around the corner, and that the more regular people will be holding Bitcoin the less manipulative power will remain in their hands. Basically, these are the last days they can influence the market to such a degree.

[kive2k]

It is very sad to look at such a decline in prices for bitcoins and crypto currency in general. It remains only to wait and believe that we will again see a price increase and new records ...

[Ngemmeng]

I often hear the news that many exchanges have been hacked lately, maybe it also affects bitcoin prices because it can affect investor confidence.

[connexus]

One of the reason of price fall of bitcoin is the massive dumping of the holders specifically the investors who are new to the market who are not capable enough of knowledge in investing. Thats why it is one of the price fall.

[Valzzz005]

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 the reason why the price are falling because of course the people are selling their bitcoins that is the only reason but the reason behind why they are selling is maybe because of some rumors that the bitcoins are falling and this is the end of the bitcoins of course if you do not know much in this thing you will believe that thing and in order to be safe of course you will stay away from bitcoins that is why a lot of people are selling that makes the price fall down much more they are panic selling.

[qualitywork]

Everyone talks about the bubble of tulips, forgetting that it was actually a speculative bubble, while the bitcoin - or, better, the crypto - are the inevitable future of money.
It is obvious that the institutions will oppose and do everything to boycott and resume and control, but they will not succeed.

We will win.

Yes we will win at the end but i wish bitcoin and crypto world can filter those big fish who controls the market.

[JPS2K5]

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 of this decrease in price in bitcoin is so easy to solve. It is the spreading off news of FUD to those individuals especially who have no confidence for bitcoin and the cryptocurrency. Maybe they just invested because there friends says so and they had gain income in it and when they heard such news of FUD, they immediately sell to stop their losses. This is only an example but the truth.

[ylnar123]

the reason why bitcoin prices fall, one of which is a lot of negative news that befell bitcoin, such as crime, store illicit goods, etc .. this certainly makes the investors go left bitcoin and sell all the bitcoin assets they have, of course, this makes the price of bitcoin decreases and trigger other owners to sell panic, for fear of losing, finally domino effect occurred

 Probably yes, those negative news might affect the price of Bitcoin to fall. Another reasons is what they say manipulation and the correction that happens in the first month of the year. So maybe it's true since we can see in it's history that the first to second quarter of the year is the struggling time of the year for Bitcoin.

[andriarto]

the reason why bitcoin prices fall, one of which is a lot of negative news that befell bitcoin, such as crime, store illicit goods, etc .. this certainly makes the investors go left bitcoin and sell all the bitcoin assets they have, of course, this makes the price of bitcoin decreases and trigger other owners to sell panic, for fear of losing, finally domino effect occurred

 Probably yes, those negative news might affect the price of Bitcoin to fall. Another reasons is what they say manipulation and the correction that happens in the first month of the year. So maybe it's true since we can see in it's history that the first to second quarter of the year is the struggling time of the year for Bitcoin.

of course negative news greatly affects the psychological for traders and investors. let alone accompanied by falling prices, so they will panic sell. for that we must cool and calm and keep psychology stable

[Athanasios Motok]

That was the price before. And now you are worried about such price declines. Before 100% bitcoin does that up in price, that in the bottom, for a few days.... So that friends are patient and wait for the price to change.

[Freddie Aguiluz]

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 price fall is not permanent, it is normal because of the volatility of bitcoin, it affect all coins when it dicrease its value or increase it. But ofcourse we are the first one that needs to know if its price will fall because we are the first one to be affected