Bitcoin price is going down.

[Member helper]

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

[kueyen]

No need to worry, price decreases like this every now and then are expected by now. Since the resistance at $20K was too strong, the price the price couldn't go up through the threshold and had to correct itself. I'm sure it will pick back up in a few days.

[Slow death]

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Many people bought bitcoin when the price was $12000 or much less than $12000, these people bought bitcoin because they knew about the hard and future forks and now that there is no big news these people are selling their bitcoin to make profits, it happens all the time. if you observe for some time, you will get used to this UP and Down of the price. bitcoin is a good long-term investment, even if the price drops a lot you should not be worried because it will rise

[talks_cheep]

Lots of people need $$$, so they're selling for Christmas. It looks like the market is finally going into a downturn, $12K here we come!!!

[batang_bitcoin]

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

There's a lot of supply again in the economy because of the news out there about selling bitcoins. About the co-owner of bitcoin.com and other news that forced holders and traders to sell their bitcoin and this made bitcoin cash pumped again. Just like what happened the last time when there's a battle against bitcoin cash against bitcoin but still in the end bitcoin won the battle and it will happen again on this moment.

[BuyToHold]

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

People is making margin profit over the trades, doing margin in between BCH and BTC

[Kersh768]

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Maybe it has to do with the season. Practically, it we are in christmas season whereas people are in need of money to buy the things that they want or presents for their loved ones. So transactions are getting high which makes the demand low. As its demand is falling, same thing happens with its value. But surely, it will eventually increase, so just hold and wait.

[Question123]

If you see the bitcoin pricr decrease it's normal because all coin experiencing the dumping price. But here's the things that is good after dumping price it will increase again and for sure not the current highest price but the new highest price. Better you gonna do right now is to buy more bitcoin so you can earn a lot of profit agin once the bitcoin price increase. But be careful because they bave chances the price decrease more so if you want to wait you can wait.

[Oceat]

Lots of people need $$$, so they're selling for Christmas. It looks like the market is finally going into a downturn, $12K here we come!!!

lol for $12k and i would be happy to buy if this is going to be real. Well, i'm ready for Christmas so no need to sell though, beside i'm happy to hold it again for the next year. Well, that price of Bitcoin is the same price as of yesterday, so there's no need to worry yet. And also it will be a good time to buy if it's going to go down for a bit.

[ihsanskanzaone]

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Many people bought bitcoin when the price was $12000 or much less than $12000, these people bought bitcoin because they knew about the hard and future forks and now that there is no big news these people are selling their bitcoin to make profits, it happens all the time. if you observe for some time, you will get used to this UP and Down of the price. bitcoin is a good long-term investment, even if the price drops a lot you should not be worried because it will rise

Usually bitcoin prices go up then other coins like bitcoincash and bitcoingold will go up and otherwise bitcoin price down then bitcoincash and bitcoingold prices go down but we can see bitcoin prices go down but other bitcoin even increases rapidly in price, this indicates that bitcoin price has started to reach its limit or people start choosing bitcoincash and bitcoingold as a good investment coin.

[zulkarnaen]

For now bitcoin price is down about $ 16 and certainly the factor is because of the increased bitcoin sales rate in the market. because some bitcoin users make sales for their preparation needs ahead of Christmas and New Year. and maybe the price of bitcoin drops to $ 12k before the beginning of the year and now it seems time to buy bitcoin.

[talks_cheep]

Lots of people need $$$, so they're selling for Christmas. It looks like the market is finally going into a downturn, $12K here we come!!!

lol for $12k and i would be happy to buy if this is going to be real. Well, i'm ready for Christmas so no need to sell though, beside i'm happy to hold it again for the next year. Well, that price of Bitcoin is the same price as of yesterday, so there's no need to worry yet. And also it will be a good time to buy if it's going to go down for a bit.

You can LOL as much as you'd like, there are people who bought at $19900, these are the people who will lose their shirts come January 2018. You ain't seen nothing yet. 90% loss in-coming.

[CyberKuro]

Here a simple tip which makes you not worry at all; stop check bitcoin price every hour, every day 24/7.
If you do that, you won't feel worried at all, unless you are short-term traders.
Just believe in bitcoin, it will reach at least $50K-$100K in 2018 or even more, don't you happy about that?
So, just buy bitcoin as much as you can every month and keep your wallet safe, and then check the price by the end of 2018.

[marcuslong]

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Don't worry mate price decreased and increased time to time which the people are selling their coins and wait for the demand for to increase again once the volume it up at the coins market then expect that bitcoin lrice will increased don't panic to sell all your bitcoin if you hold it you will be a blessed again into next increase of bitcoins just try your self and your guts as wellz

[markint]

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

You worry too much precisely because you're newbie. Anyone who has been involved in this market for more than a year will know that volatility is the hallmark of this business, and those of us interested in making a living with cryptos have to learn to deal with this enormous volatility.

[Tankdestroyer]

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

It is normal for bitcoin price to decrease sometimes since it is not always going up. It is just normal for it to dip when price have stabilized to a certain point after rise. I am also sure that when operation dragonslayer has been unfold, then you will be more worried about it since price will dump greatly when it  succeeded. The best thing to do now if you are into this for long term is to not look at price often. Come back and gather news here once a month if you are holding it for years.

[maxj57634]

Maybe its because of the dump in the trading market trader are dumping their bitcoin because they are having a high fee when doing a transaction, high for in the network transaction might be one of the reason for bitcoin price to go down.

[timerland]

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

We are in a classic correction phase right now, it comes after the price has risen a lot over a very short amount of time and people tend to gravitate towards overbuying. This correction will stabilize bitcoin price at a lower level, and when it does stabilize for a period of time then another pump/dump will come.

Rigth now i think since we're still in 2017 and the whole year has been filled with absolute bullishness, we're going to see a pump after this correction rather than a dump. Don't get too worried about it since it probably is only going to be just a short term thing.

Wouldn't be that big of a risk to buy some right now to take advantage of the rebound, actually.

$16500 compared to the ATH near $20000 seems like a reasonable buying point to me for sure, with all the big names flowing into btc.

[YuginKadoya]

No need to worry, price decreases like this every now and then are expected by now. Since the resistance at $20K was too strong, the price the price couldn't go up through the threshold and had to correct itself. I'm sure it will pick back up in a few days.

Yup! Corrections always occur when the certain ceiling had reach and I think that the $18,000 was it that is why it is already crumbling down, But we can see that there is a resistance going on right now but it will sure make a bullish trend when the correction had finish, that is why it is good to take this opportunity and buy for bitcoin when it is still cheap.

[Davinus]

Hi guys I am a newbie and tell me please that why the price of bitcoin goes to decrease? please tell me the main reason because I like this coin and when it's price goes to decrease I am very worried.

Why? Are you afraid of losing a few bucks? How much have you invested? $50? Came on.. You a newbie in here, you probably have just joined the party a few days ago (maybe weeks) and you are saying that bitcoin is going to die?

Came on x2, it was less than $8200 1 MONTH AGO.