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intbtc
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September 15, 2017, 07:03:08 AM
 #1

Now bitcoin is in lowest price in last month .
Why bitcoin is getting down ?
You think till what time this falling price ?


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September 15, 2017, 07:15:49 AM
 #2

It is due to the rumors in media. Last week China central bank put a ban on fundraising for ICOs and they did not say that it is going to ban bitcoin. Yesterday an exchange called BTCChina closed its services for china and investors in panic start selling bitcoins so the price drop. According to other exchanges in china they do not receive any instruction from central bank of china and are operating normally. So in my opinion the decline in price is for short term and it will go up. 
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September 15, 2017, 07:19:01 AM
 #3

It is due to the rumors in media. Last week China central bank put a ban on fundraising for ICOs and they did not say that it is going to ban bitcoin. Yesterday an exchange called BTCChina closed its services for china and investors in panic start selling bitcoins so the price drop. According to other exchanges in china they do not receive any instruction from central bank of china and are operating normally. So in my opinion the decline in price is for short term and it will go up. 
Isn't BTCChina one of the largest exchange in China? One thing for sure is BTCChina won't just shut down by itself if there's "nothing" going around. Who doesn't love money?? I hate FUD but just saying that the rumor might not be rumor afterall.

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September 15, 2017, 07:21:19 AM
 #4

Actually I'd like the Chinese to leave the market afterall.. We are just fed up with this shit they're creating each and every time. The market wouldn't be so volatile with their "I'm leaving... or am I?" news again and again. Actually, this time I'm hoping they will leave for good and btc prices fall below $2000, so I can buy more actually Grin

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September 15, 2017, 07:23:26 AM
 #5

2 reasons:

1. China banned ICO exchanges and BTCChina announced that they are stopping all exchanges on 30th September.
2. jp morgan's comment about btc being a fraud.

Easy as that.

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September 15, 2017, 07:28:24 AM
 #6

The Chinese government has issued a notice banning all residents from investing in ICO projects and crytocurrency transactions including BTC, but no formal announcement has yet been made. This made investors fear and they decided to withdraw money from the market

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September 15, 2017, 08:14:25 AM
 #7

The Chinese government has issued a notice banning all residents from investing in ICO projects and crytocurrency transactions including BTC, but no formal announcement has yet been made. This made investors fear and they decided to withdraw money from the market
Everyone is leaving, just leave those who don't believe in bitcoin s those who will be left will remain and only those qho trusted btc can get the benefits it will give for the next few years. It's not China who will rule the crypto world there are more countries behind that can make it recover.


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September 15, 2017, 06:16:58 PM
 #8

2 reasons:

1. China banned ICO exchanges and BTCChina announced that they are stopping all exchanges on 30th September.
2. jp morgan's comment about btc being a fraud.

Easy as that.

I doubt that JP Morgan's comment regarding BTC had that much of an impact to be honest. I don't think there are many Bitcoiners around that care much for banker statements. People that do listen to such statements didn't buy in in the first place.

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September 15, 2017, 11:18:21 PM
 #9

The Chinese government has issued a notice banning all residents from investing in ICO projects and crytocurrency transactions including BTC, but no formal announcement has yet been made. This made investors fear and they decided to withdraw money from the market
Everyone is leaving, just leave those who don't believe in bitcoin s those who will be left will remain and only those qho trusted btc can get the benefits it will give for the next few years. It's not China who will rule the crypto world there are more countries behind that can make it recover.


China is not a crypto ruler but I think china has a big influence and contribution to bitcoin price development, because the facts with bitcoin bans issue in the country can make bitcoine business panic to attract some of their investment which causes bitcoin price down to 55% previous.

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September 15, 2017, 11:54:49 PM
 #10

2 reasons:

1. China banned ICO exchanges and BTCChina announced that they are stopping all exchanges on 30th September.
2. jp morgan's comment about btc being a fraud.

Easy as that.

I doubt that JP Morgan's comment regarding BTC had that much of an impact to be honest. I don't think there are many Bitcoiners around that care much for banker statements. People that do listen to such statements didn't buy in in the first place.
They are just didnt honestly what helps of bitcoin they are just saying they even don't know what bitcoin works and why the price was increase fast and huge decrease too base on what i read in some blog post or i think in forbes and its related on bank state that honestly they are encourage other people to don't buy bitcoin instead selling it because bitcoin is volatile according to him..
And i think the price was honestly drop when they are seeing some ICO's are delisted in exchanges until exchanges was closed..
For now better to move on this is a normal issue since bitcoin is getting more trends in the internet and more people right now choosing bitcoin..

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September 15, 2017, 11:55:56 PM
 #11

Now bitcoin is in lowest price in last month .
Why bitcoin is getting down ?
You think till what time this falling price ?




there are rumors about china want to kill bitcoin is no stranger anymore, until rumors about china finished bitcoin prices will remain as now just up slightly down slightly will not go down to death.

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September 16, 2017, 01:00:28 AM
 #12

Now bitcoin is in lowest price in last month .
Why bitcoin is getting down ?
You think till what time this falling price ?




bitcoin prices have declined due to the impact of the Chinese government statement. but now the price has started toward the positive track. the price will go to 3800 $ and we all certainly hope will quickly pass 4000 $. this can make comfort for all of us and very profitable for traders who have bought bitcoin at the price of 3000 $.



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September 16, 2017, 01:01:12 AM
 #13

Now bitcoin is in lowest price in last month .
Why bitcoin is getting down ?
You think till what time this falling price ?

Well there are various reasons. First of all the rumour generated from a Chinese news site that essentially said that China was going to shut down all the exchanges. Then, BTCChina decided to close down shop.

Before that, ICOs were banned. Essentially a lot of regulatory concern regarding bitcoin.

Currently we are in a nice recovery mode though i'm not sure if it'll last long. I think that price will adjust to sub-$3000 soon, and bearish market could last a few months.

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September 16, 2017, 04:41:33 AM
 #14

Bitcoin getting down is  a rumors by media because it's price was slightly decreases because of chinese government banned the bitcoin in China. So that every people was worried about bitcoin and it getting down.

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September 16, 2017, 05:19:41 AM
 #15

Now bitcoin is in lowest price in last month .
Why bitcoin is getting down ?
You think till what time this falling price ?





It is because of China dude, the China government ban ICO and also all local bitcoin exchanges on China. That's why the price of bitcoin crashed so hard in this week, but thank god the price of bitcoin start increase again on yesterday until now and i hope the price will keep increase back to $4,500.
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September 16, 2017, 05:46:12 AM
 #16

There is a rumors going around that bitcoin and others cryptocurrency activities will be proscribe in China on the social media especially reddit. To me this is a fake news and we should take it as such. Many panic traders are selling they bitcoin now because of the fear that the whales are going to drop there coins and cause the price of bitcoin to clash. We must not allowing ourselves to be using in bring bitcoin down.

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September 16, 2017, 10:42:04 PM
 #17

Now bitcoin is in lowest price in last month .
Why bitcoin is getting down ?
You think till what time this falling price ?




Bad news have been coming from China all week and when you add the fact that there are people in the forum that love to spread FUD then it is no wonder the price got down so quickly but after that the price of bitcoin has recovered somewhat and I think everything is going to go back to normal in the next days and weeks

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September 16, 2017, 11:57:12 PM
 #18

Now bitcoin is in lowest price in last month .
Why bitcoin is getting down ?
You think till what time this falling price ?




Bitcoin together with altcoins are down because China banned ICOs and Bitcoin exchange. And since China is one of the biggest investors of all cryptocurrency for sure losing it will lead to downfall. It is one of the major influences on the market. But gladly, bitcoin is now recovering. We'll just hope that it will be continuous to get back from the dump.

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Eugenar
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September 17, 2017, 03:55:53 AM
 #19

Now bitcoin is in lowest price in last month .
Why bitcoin is getting down ?
You think till what time this falling price ?




The reason is that China, one of the biggest investors of cryptocurrency, banned ICOs and Bitcoin exchange. This resulted to a continuous dumps on Bitcoin's market value. the lowest price I think is 3350$? something close to that. But the good thing here is that, it is again rising from the downfall. We just need to patienly wait until everything's back to 'normal'. And hoping that the pumps will be continuous.

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September 17, 2017, 04:41:21 AM
 #20

It was because of the fud news about china closing the exchanger but now the price has gone up but the price still very unstable, so if you want to buy or trade you need to approach with caution, but for long term it supposed to be going up, but let just see what china's government will try to do again

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September 17, 2017, 04:52:58 AM
 #21

Of course many peoples would already know the cause of the declining bitcoin prices lately, it's because of the latest news / latest happenings in China. This news seems already be said to weaken the name of bitcoin as well and clearly gives a bad effect on bitcoin prices, i can only hoping that everything will passed quickly and forgotten till finally bitcoin price can be soaring again for the next.

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September 22, 2017, 02:50:37 AM
 #22

Actually I'd like the Chinese to leave the market afterall.. We are just fed up with this shit they're creating each and every time. The market wouldn't be so volatile with their "I'm leaving... or am I?" news again and again. Actually, this time I'm hoping they will leave for good and btc prices fall below $2000, so I can buy more actually Grin
I think we are all tired of this same drama but bitcoin is about decentralization so we cannot force anyone out, I think that what it is going to happen is that China is going to lose influence precisely because of this continuous drama eventually people are going to stop caring about such a thing.

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September 22, 2017, 05:11:10 AM
 #23

I think why bitcoin price decreased because china ban bitcoin exchanges thats why many bitcoin holder sell their bitcoin . But dont worry if bitcoin price decrease because  for sure the price of bitcoin will increase  more so if you buy bitcoin today you can earn a lot of profit in the future. More bitcoin that you have more money to come with you. If you see price decrease dont forget to buy bitcoin.

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September 22, 2017, 09:59:09 AM
 #24

Now bitcoin is in lowest price in last month .
Why bitcoin is getting down ?
You think till what time this falling price ?





I think we all have the same thoughts about bitcoin prices that are falling at the moment, the most prominent cause is the cessation of market exchanges in China that resulted in this price decline. Even within a few days after China closed the bitcoin market there was a drop of $ 400 which previously bitcoin almost reached $ 5000 per bitcoin.

The Bitcoin price will get a major nudge from the Asian exchanges this weekend. That doesn’t mean the BTC value won’t go up in the coming hours, as there are plenty of other exchanges which can push the price up given enough volume. Where that volume will come from and how much it will affect the Bitcoin price remains to be determined, though. For now, the Bitcoin markets will make it pretty difficult to climb back to US$4,900 anytime soon. But you know anything can happen in bitcoin market.
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September 22, 2017, 10:43:10 AM
 #25

Bitcoin is having a great drop again and we can surely see that the price is at $3600 right now yesterday it is in the $3700 dollar, I think that the dumping is not yet finish there are people that are selling their bitcoin that is why the price is plummeting down, but I will still continue in holding my bitcoin because I can sense that the price is gonna make a big leap we need to have faith with bitcoin.
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September 22, 2017, 10:56:06 AM
 #26

The Bitcoin song:

"I get knocked down, but I get up again
You are never gonna keep me down"
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September 22, 2017, 06:17:43 PM
 #27

Why bitcoin is getting down ?

Now bitcoin is in lowest price in last month .
Why bitcoin is getting down ?
You think till what time this falling price ?

From same reason why it went up last year. If you really dont need your bought Bitcoins and need something else for them, you just need to wait when Bitcoin price will start getting up and get rid of them then. Smiley  It wil happen sooner or latter.

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September 22, 2017, 06:42:49 PM
 #28

I think why bitcoin price decreased because china ban bitcoin exchanges thats why many bitcoin holder sell their bitcoin . But dont worry if bitcoin price decrease because  for sure the price of bitcoin will increase  more so if you buy bitcoin today you can earn a lot of profit in the future. More bitcoin that you have more money to come with you. If you see price decrease dont forget to buy bitcoin.
Those China's decisions on various crypto things must be the prime reason here, still unnecessary panic from investors and traders making prices to dip again and again. I am afraid that we need some big news from somewhere to regain the faith among crypto people so that people will not get panic anymore when they do see prices are sliding down. To change the trend of last two weeks, we might need some big news so that market may take U turn.


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September 22, 2017, 11:36:19 PM
 #29

Why bitcoin is getting down ?

Now bitcoin is in lowest price in last month .
Why bitcoin is getting down ?
You think till what time this falling price ?

From same reason why it went up last year. If you really dont need your bought Bitcoins and need something else for them, you just need to wait when Bitcoin price will start getting up and get rid of them then. Smiley  It wil happen sooner or latter.
Bitcoin is getting down possible because of the news about banning the cryptocurrency from China. And other news that users got panic and sell their btc. Yes we just wait the price will start and hold to get a profit.

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September 23, 2017, 03:43:13 AM
 #30

Now bitcoin is in lowest price in last month .
Why bitcoin is getting down ?
You think till what time this falling price ?





The price has indeed fallen off.

I reckon is the constant fear of bitcoin being banned from being traded in China and a general lack of demand for the coin right now. This should change as the end of the month approaches and when people realize that China is really no more important than Korea as a market, for example.

I'd expect price to bottom out at around $3300 and then make a bull run back to $4k.

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September 23, 2017, 03:48:12 AM
 #31

We need this slowdown for the next big pump. Nothing can keep increasing forever. These prices are actually healthy for the future.






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September 23, 2017, 04:36:30 AM
 #32

Its not only bitcoin going down, other cryptocurrencies are also caught up in this exchange ban/regulation fiasco but this will change when crypto coins change hands from Chinese market to other markets and already bitcoin looks like its slowly recovering.


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September 23, 2017, 05:15:18 AM
 #33

Its not only bitcoin going down, other cryptocurrencies are also caught up in this exchange ban/regulation fiasco but this will change when crypto coins change hands from Chinese market to other markets and already bitcoin looks like its slowly recovering.
Yes, the entire market seems falling down, so nothing to panic. Very few digital currencies were indicated in green. Looking the ongoing price dump it seems like a recovery phase. The price between yesterday and today has got a big difference. So surely it will reach new ATH soon before the month end or at least by the upcoming month start.


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September 23, 2017, 05:30:57 AM
 #34

Its not only bitcoin going down, other cryptocurrencies are also caught up in this exchange ban/regulation fiasco but this will change when crypto coins change hands from Chinese market to other markets and already bitcoin looks like its slowly recovering.
Yes, the entire market seems falling down, so nothing to panic. Very few digital currencies were indicated in green. Looking the ongoing price dump it seems like a recovery phase. The price between yesterday and today has got a big difference. So surely it will reach new ATH soon before the month end or at least by the upcoming month start.

Recovery phase would at least i think wont be that easy and fast. It is not new that a lot could happen in 24 hours but let us just wait, read news on how and when would the price again would improve.
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September 23, 2017, 07:32:25 AM
 #35

From all i know and try to conclude it, it's because of some news in China that of course already many peoples who knowed it and are affected in deciding to sell their bitcoin because of bitcoin price concern will continue to decline. But i think bitcoin price is likely to increasing again / leads to more higher than ever in the next month and beyond.
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September 23, 2017, 07:41:30 AM
 #36

less demand ? we all know that bitcoin is popular for its volatility. and becasue of the demand is too low that's why bitcoin price is dropping but if the bitcoin demand itself goes higher again we can actually goes to bubble again. but this is okay since that's the correct price correction. because of the high prices there's some business closing because they can't afford bitcoin again.

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September 23, 2017, 08:39:21 AM
 #37

I just think that there is a reasonable thing on bitcoin prices, I do not see any bad flippings about bitcoin and bitcoin prices will certainly recover soon at the end of the year. I'm ready to wait for that moment.

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September 23, 2017, 09:05:44 AM
 #38

Now bitcoin is in lowest price in last month .
Why bitcoin is getting down ?
You think till what time this falling price ?



There are a lot of reasons. First, we had quite a big rally from $3,000 and also we are in a more than 1 year long bull run, so in a volatile currency like Bitcoin there are dips caused by people taking their profits. Also there were quite a lot of FUD recently coming from China, and some of it already turned true. Also there are negative comments from some banks and governments, so some people lose faith in Bitcoin, or what is more likely, speculators view it as a short opportunity and cause the price to go down.

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September 23, 2017, 09:07:23 AM
 #39

I just think that there is a reasonable thing on bitcoin prices, I do not see any bad flippings about bitcoin and bitcoin prices will certainly recover soon at the end of the year. I'm ready to wait for that moment.

The bad thing what I see is due the scheduled shutdown of the China exchanges and it is been stated that that one would happen on the end of this month and no wonder there's so many weak hands are still afraid for that scenario.

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September 25, 2017, 09:38:50 PM
 #40

I think why bitcoin price decreased because china ban bitcoin exchanges thats why many bitcoin holder sell their bitcoin . But dont worry if bitcoin price decrease because  for sure the price of bitcoin will increase  more so if you buy bitcoin today you can earn a lot of profit in the future. More bitcoin that you have more money to come with you. If you see price decrease dont forget to buy bitcoin.
Those China's decisions on various crypto things must be the prime reason here, still unnecessary panic from investors and traders making prices to dip again and again. I am afraid that we need some big news from somewhere to regain the faith among crypto people so that people will not get panic anymore when they do see prices are sliding down. To change the trend of last two weeks, we might need some big news so that market may take U turn.
Those are not investors but speculators, they are not in bitcoin for the long term, only those that hold for the long term believe in bitcoin that is why you see those huge movements on the market, another reason is that whales love to use these news to force weak hands to sell that way they get cheap bitcoin and become even more powerful than before.

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September 25, 2017, 11:18:32 PM
 #41

It was because of the fud news about china closing the exchanger but now the price has gone up but the price still very unstable, so if you want to buy or trade you need to approach with caution, but for long term it supposed to be going up, but let just see what china's government will try to do again
This is one of the reasons why bitcoin price is going down. Bitcoin price is always unstable it fluctuates from time to time. So when you invest in bitcoin make a firm decision and hold for a long term. The more bitcoin you have the more profit you can.

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