Why Bitcoin is going down?

[Theo222]

Why bitcoin start going down and down will it goes below 10000$?

this is the other side of rapidly increase of bitcoin last time i think. but i think bitcoin will back to 18k$ i think just wait for it.

[shata]

Why bitcoin start going down and down will it goes below 10000$?

Dont worry too much, bitcoin will not fall that much! bitcoin is suffering a fall now because there's people who need FIAT to have a nice Yuletide season but we can expect that bitcoin will back to track and will go over the reached milestones. we can expect a rise after Christmas and fall before new year but will do much better after the 3rd day of the 20018.

Bitcoin is so volatile. Always remember that. Bitcoin is very different from fiats that are controlled by government. Bitcoin's price can have a big difference of price time to time but fiat's price is stable. Well, Im saying these because this situation what Bitcoin facing right now is very possible to happen. And i think that People who are investing needed a money for the foods on Christmas day up to New year. They cash out some of their bitcoins in able to have money for the foods and gift but You must hope that after this long event, Bitcoin's price will increase. And i believe that this price will not decrease to $10,000 below.

[wazir101]

According to Coindesk, the cryptocurrency was trading at 13,155 (£9,822) after its value plunged by $2,000 US dollars in the space of 12 hours.

It comes after a troubled week for Bitcoin in which a cryptocurrency exchange went bust in South Korea following a cyber attack.

Coinbase, another exchange based in the US, also said it was opening an investigation into sharp price increases in the price of a new cryptocurrency called Bitcoin Cash.

[Bay_Harbour_Butcher]

I am also very surprised by what happened to bitcoin, bitcoin prices that nearly touched $ 20,000, falling to $ 12000 just overnight, and I am still confused as to why it can happen.

[Dod Ong]

Why bitcoin start going down and down will it goes below 10000$?

I think why bitcoin is going down because of some of the bitcoin user have no thrust of bitcoin, like my friends. They want to earned fast but they can't so they stop using bitcoin. I want to earned fast here in bitcoin. I want to be a business man by using bitcoin to help my family in our expenses. I want all of my family members become a bitcoin user.

[QuestionAuthority]

Because it’s no longer going up.

[hardball99]

###################### WARNING ABOUT CRYPTOS ########################
The 2008 financial crisis caused 500,000 CANCER DEATHS!!!
  (If any doubt, just do your own research).

        9/11 WAS ### A JOKE ### IN COMPARISON

Who is mainly RESPONSIBLE FOR THIS CRIME? #### BANKERS ####
Have they been to JAIL? #### NO ####
WHY? JUST THINK.

##### NEVER FORGET THESE INNOCENT 500,000 VICTIMS WHO SUFFERED BEFORE DYING ##### (LIKE SHOAH)

Now, bankers & central banks are afraid to lose their jobs because of cryptos,
so they try to scare governments about:

1) their FIAT currency
2) losing control and power
3) losing taxes revenues

What they currently do is create ARTIFICIAL HUGE VOLATILITY on cryptos (they have enough funds for that).
They want an EXCUSE to "protect" investors.

In reality, they just want to take CONTROL (REGULATIONS OR BAN)

They also SCARE PEOPLE ON SOCIAL MEDIAS, PRESS, OR TV (CNBC for instance).

DO NOT LET THEM F#CK YOU AND YOUR FAMILY ONCE MORE.

WE DON'T NEED ALL THESE MOTHERF#CKERS ANYMORE.

===> ACCEPT CRYPTO PAYMENTS FOR ANYTHING INSTEAD OF FIAT. BUY MORE CRYPTOS. <===

NOW YOU KNOW. PLEASE SPREAD THE WORD. THANKS

Hi,

Thank you! I believe this is a correct analysis of the situation, unfortunately.
The banks should be banned, not the cryptocurrencies.
9/11 = You cannot see the wood for the trees.

Greetz

[Dapper]

It was a pretty good day today.   

[ragavancoin]

I think soma carections going on bitcoin so once carections done the bitcoin value we'll be going to moon soon

[Laregrell]

Why bitcoin start going down and down will it goes below 10000$?

No, one Know reason but my answer is bitcoincash it is rising 30%in one day all move to it to make fast money.

now all back to stable

[marsmyname]

Why bitcoin start going down and down will it goes below 10000$?

Not only bitcoin down but all crypto currencies also goes down as ethereum dropped 32% bitcoin cash dropped 37% and all other currencies are falling. Major sell up crypto currencies start in the market on Friday. I don’t anonymous reason behind bitcoin dropped out. But bitcoin will rise soon i hope so. Bitcoin is one of the best currency in features and properties if it goes down all crypto currencies will go down.

[btcminer6212]

The price is going down because right now is a festive season many users or investors is cashing out to be used in holidays. But i think at the end of the year the bitcoin will still increase.

I think no need to worry or panic very thing will be right and it will start going up again. New year will be great for crypto and in next 2 month all coin will boom.I think the reason that's why people are dumping and cashing out their investment, they needed money to use on this holiday rush. so, we might see bitcoin to rise up maybe next year value will continue to fall down, just hold and buy if you still have spare money.

[oaz7t]

No one knows the reason bt thats what happens in the market
If the prices rise too high there is a short downfall period
Maybe bt the end of January the prices again would rise by 20%
The market is unpredictable, anything can happen

[QuestionAuthority]

Here is the real reason:

https://bitcointalk.org/index.php?topic=2705112.msg27688931#msg27688931

[cryptohorsee]

because people are going all in into alts

[rabs]

Its a part of game and economically reason is that once too much investment injected will results demand and create shortage of supply which force to increase the prices,and once there is excess of availability but shortage of buying results the price going down.

[Chachacoin17]

because people are going all in into alts

Yes i agree on that that was really the one of many reasons why btc is going down maybe many people invest into alts.In my part that wad really a  part of bitcoin and that is really normal we dont have to make  our self astonished onthing the changing of price process because from the start bitcoin is really something like pump and dump status .

[darkangel11]

Here is the real reason:

https://bitcointalk.org/index.php?topic=2705112.msg27688931#msg27688931

The Bitcoin Foundation is a joke and it has been known as a joke for years. Maybe 3-4 years ago some businesses wanted to be associated with them and were buying their membership to legitimize themselves, show that they're supporting the idea, but those times are long gone. TBF is a greedy organization with no influence, that's it.

IMO the real reason was the Chinese government threatening to limit power used by the biggest bitcoin mines. Some news outlets like coindesk have been going on and on about it for days.

[QuestionAuthority]

Here is the real reason:

https://bitcointalk.org/index.php?topic=2705112.msg27688931#msg27688931

The Bitcoin Foundation is a joke and it has been known as a joke for years. Maybe 3-4 years ago some businesses wanted to be associated with them and were buying their membership to legitimize themselves, show that they're supporting the idea, but those times are long gone. TBF is a greedy organization with no influence, that's it.

IMO the real reason was the Chinese government threatening to limit power used by the biggest bitcoin mines. Some news outlets like coindesk have been going on and on about it for days.

So, because the bitcoin foundation is a joke to you Tether isn’t real? Is it imaginary then?

https://www.bloomberg.com/news/articles/2017-12-05/mystery-shrouds-tether-and-its-links-to-biggest-bitcoin-exchange

Hey, it’s your money. If you want to hide your head in the sand until you’re broke, go right ahead.

[raypinch]

Honestly saying I don't know, I see it go up and down all the time, particularly today could be many reasons.