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sorrowfulnightcries
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November 07, 2017, 06:32:20 PM |
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I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
Well, in my point of view, I think that one of the reason is the "law of demand". Law of demand states that when quantity demand(quantity of a commodity or service that people are willing to buy at a certain price) goes up, the price go down or vice versa(quantity demand goes down, price go up). For example, the quantity demand is high(many people buy big amount of bitcoin) then its price will dramatically go down. But if there are only few people who buy big amount of bitcoins, then it's price will go up. |
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The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
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cybersofts
Copper Member
Sr. Member
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Activity: 658
Merit: 284
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November 07, 2017, 10:54:34 PM
Last edit: November 07, 2017, 11:40:49 PM by cybersofts |
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I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
There are two major reasons that makes the bitcoin value drop which are: 1. Panic by bitcoin holders - When there is negative news about bitcoin the panic people are the first to sell. And if there's is too much dump in the market that will drop the bitcoin price. 2. Speculations and FUDs - Speculating fake or negative FUDs usually makes the value of bitcoin drop because a lot of people are going to be scared of what is going to happen. |
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8Habits
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November 13, 2017, 11:23:38 PM |
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I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
Well, in my point of view, I think that one of the reason is the "law of demand". Law of demand states that when quantity demand(quantity of a commodity or service that people are willing to buy at a certain price) goes up, the price go down or vice versa(quantity demand goes down, price go up). For example, the quantity demand is high(many people buy big amount of bitcoin) then its price will dramatically go down. But if there are only few people who buy big amount of bitcoins, then it's price will go up. Yes, law of demand and supply really affect the price of bitcoin but the reason behind the triggers of law and demand is highly influenced by the news and other manipulative news targetting to make the bitcoin prices goes down so that some other big investors can go in when it is happening. |
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sirslayer
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November 13, 2017, 11:45:41 PM |
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the actions of people are selling and people aint buying is the reason.. what causing people not to buy can be a number of reasons. I think BTG bitcoin gold could be one of them. buy BTG for cheap price and hope it soars as high as BTC
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nithin@123
Newbie
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Activity: 52
Merit: 0
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November 15, 2017, 10:36:52 AM |
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The price may increase or decrease depending on the news flooding about BTC.
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whaawh
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November 15, 2017, 06:38:26 PM |
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I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
The value is mainly dependent on the law of supply and demand. When there is high demand the value rises, whike on the contrary when the demand decrease the value dump. Bitcoin will continue to rise simply because the supply is becoming limited. There are people who attempt to decrease the value of bitcoin by making people panic through making fake news. There were also rich people who tried to manipulate it but they cant have the full control. Bitcoin is gaining popularity that is why more and more people come to know it. the information that makes many users panic, very much on the forum. The main thing is to learn to distinguish lies from the truth, and thus you can avoid panic in the crypto currency market. But nevertheless, I believe that, in addition to supply and demand, there are other factors affecting the pricing of crypto-currencies. I think that the big whales God deliberately throw coins on the market, in order to reduce their price And then buy at a cheaper price. This of course is already artificial manipulation of the price. |
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Bonakid
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November 15, 2017, 10:10:54 PM |
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I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
The value flactuates or drops due to supply or demand ,increasing or decreasing and rising and falling it affects our price value.Sometimes the investors sell their bitcoin ,if the value is higher it can also affects the price And the reason to drops.Many people now know about bitcoin it reay affects everything in field of bitcoin. |
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OrangeII
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November 16, 2017, 02:27:01 AM |
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recently, the decline in bitcoin prices occurred. well, many say that the price is down due to the game of the upper class that controls the price. Well, to be honest, many are benefiting from the recent price cuts. many reasons that make bitcoin prices go down, and that is one of them.
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bitcoin31
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November 16, 2017, 05:20:28 AM |
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I think why bitcoin drops because many people sell their bitcoin. Last fee days the price decreased many people who bought bitcoin because they want tk get free bitcoingold after fork so if they hear the fork is cancelled they sell their bitcoin. But as of now th eprice increase again .
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8Habits
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November 20, 2017, 04:11:28 PM |
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I think why bitcoin drops because many people sell their bitcoin. Last fee days the price decreased many people who bought bitcoin because they want tk get free bitcoingold after fork so if they hear the fork is cancelled they sell their bitcoin. But as of now th eprice increase again .
Yes, right very now, the price of bitcoin is increasing and it is more than $8000 already and I really no wonder that it will go as far as $10,000 per bitcoin very soon. |
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saqibmunir
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November 20, 2017, 04:49:10 PM |
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A simple idea) if the most part of BTC investors disappoint in asset - it can drops!
Exactly it only drops whenever investors of it wants it to drop. Last month, bitcoin prices dropped when China announced that they will ban ICOs in their country, which resulted to a massive impact on the global market of bitcoin due to the sheer volume of people who invested in that country. we have also seen when one of the most significant exchange stops working for a specific date and price suddenly dropped to $3000. these are some of the factors who make it to drop. |
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BitcoinGirl.Club
Legendary
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Activity: 2772
Merit: 2712
Farewell LEO: o_e_l_e_o
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November 20, 2017, 05:26:50 PM |
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I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
-One of the biggest factors that results in a drop of bitcoin value is spreading FUD which causes panic and lots of people sell off their coins and translates into a big drop but this trend is slowly dying out. -Sometimes its market forces at play, if we have over supply of bitcoins on the market, expect the value to drop naturally . |
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logicgate
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November 20, 2017, 05:57:48 PM
Last edit: November 22, 2017, 07:00:25 PM by logicgate |
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I think why bitcoin drops because many people sell their bitcoin. Last fee days the price decreased many people who bought bitcoin because they want tk get free bitcoingold after fork so if they hear the fork is cancelled they sell their bitcoin. But as of now th eprice increase again .
Yes, right very now, the price of bitcoin is increasing and it is more than $8000 already and I really no wonder that it will go as far as $10,000 per bitcoin very soon. Right, price of bitcoin is increasing more in coming days and now it's price is very good so it's price is above to 8200$ and that is very good price, so I think this time is very best for us to invest money in btc because its price are very near to 10,000$. |
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Bonakid
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November 21, 2017, 12:12:44 PM |
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I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
Bitcoin price drops because of the investors who sell their bitcoin because they see in a good profit of the current value.They noticed that this is a good time for selling this is the reason why bitcoin price decreasing. |
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ultraminer11
Member
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Activity: 106
Merit: 12
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November 21, 2017, 02:55:20 PM |
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I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
Bitcoin price drops because of the investors who sell their bitcoin because they see in a good profit of the current value.They noticed that this is a good time for selling this is the reason why bitcoin price decreasing. From my observation is that, Some negative news that affects people that is why those people want to withdraw their money from this platform. like in recent time, China government wanted to regulate the ICO then most of the Chinese people have left their Bitcoin so that the price of Bitcoin went down. I believe that only negative news and uncertainty are the main reason for dropping the price. |
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boyptc
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November 21, 2017, 10:01:29 PM |
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I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
Bitcoin price drops because of the investors who sell their bitcoin because they see in a good profit of the current value.They noticed that this is a good time for selling this is the reason why bitcoin price decreasing. They are what we call profit takers, so if a whale starts to sell bitcoin and does have enough profit other small time investors will also follow. And this make the whole price of bitcoin drop again and as everyone has been following, the panic sellers will come in too. |
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bitllionaire
Legendary
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Activity: 1120
Merit: 1000
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November 22, 2017, 03:33:49 AM |
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I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
Bitcoin price drops because of the investors who sell their bitcoin because they see in a good profit of the current value.They noticed that this is a good time for selling this is the reason why bitcoin price decreasing. From my observation is that, Some negative news that affects people that is why those people want to withdraw their money from this platform. like in recent time, China government wanted to regulate the ICO then most of the Chinese people have left their Bitcoin so that the price of Bitcoin went down. I believe that only negative news and uncertainty are the main reason for dropping the price. Yes there can be so many reasons which can effect the price of bitcoin and can drop. I think the main reason can be that bad news that usually spread in the market which make the investors a little worry and they try to take a safe decision. But i think the correction is also a reason which cause the price to dump but this kind of dump is temporary and very soon the price of bitcoin recover its position. I think in in near future we are not expecting any correction therefore the price of bitcoin is expecting to increase. |
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Happichfun
Newbie
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Activity: 36
Merit: 0
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November 22, 2017, 06:56:48 AM |
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bitcoin is uncontrolled market so that huge drop and pump is so normal (only demand and supply who talk) also good / bad news can effect in supply and demand which make crash
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8Habits
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November 23, 2017, 09:38:19 AM |
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I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
Bitcoin price drops because of the investors who sell their bitcoin because they see in a good profit of the current value.They noticed that this is a good time for selling this is the reason why bitcoin price decreasing. From my observation is that, Some negative news that affects people that is why those people want to withdraw their money from this platform. like in recent time, China government wanted to regulate the ICO then most of the Chinese people have left their Bitcoin so that the price of Bitcoin went down. I believe that only negative news and uncertainty are the main reason for dropping the price. Yes there can be so many reasons which can effect the price of bitcoin and can drop. I think the main reason can be that bad news that usually spread in the market which make the investors a little worry and they try to take a safe decision. But i think the correction is also a reason which cause the price to dump but this kind of dump is temporary and very soon the price of bitcoin recover its position. I think in in near future we are not expecting any correction therefore the price of bitcoin is expecting to increase. Indeed! I was once guilty of reacting to some bad news about bitcoin and sell my coins for a very low price and I see to it that it will never happen again to me. I will just hold until the price of bitcoin will reach at least $8000 each. That is now my parameter before I sell my present and future coins accumulated. |
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romero121
Legendary
Offline
Activity: 3164
Merit: 1213
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November 23, 2017, 10:32:34 AM |
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I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
Bitcoin price drops because of the investors who sell their bitcoin because they see in a good profit of the current value.They noticed that this is a good time for selling this is the reason why bitcoin price decreasing. From my observation is that, Some negative news that affects people that is why those people want to withdraw their money from this platform. like in recent time, China government wanted to regulate the ICO then most of the Chinese people have left their Bitcoin so that the price of Bitcoin went down. I believe that only negative news and uncertainty are the main reason for dropping the price. Yes there can be so many reasons which can effect the price of bitcoin and can drop. I think the main reason can be that bad news that usually spread in the market which make the investors a little worry and they try to take a safe decision. But i think the correction is also a reason which cause the price to dump but this kind of dump is temporary and very soon the price of bitcoin recover its position. I think in in near future we are not expecting any correction therefore the price of bitcoin is expecting to increase. Indeed! I was once guilty of reacting to some bad news about bitcoin and sell my coins for a very low price and I see to it that it will never happen again to me. I will just hold until the price of bitcoin will reach at least $8000 each. That is now my parameter before I sell my present and future coins accumulated. As bitcoin is an speculative asset lot of things will affect the price increase as well decrease. Rumors too will make impact upon bitcoin's growth, so predicting the market is simply a hard thing to achieve. As the above mate mentioned, at time common users react and tend to sell. Here patience and the trust should not decrease at any instance. |
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