|
CADguy
|
 |
April 02, 2018, 07:40:28 AM |
|
Yes, everything is corny simple and is connected with supply and demand, naturally after the spring boom, a large number of people have gone into mining, which are solely for sale.
|
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
|
|
|
|
kyucryp
Full Member
 Offline
Activity: 420
Merit: 100
CAT.EX Exchange
|
|
April 02, 2018, 07:43:21 AM |
|
I think the main cause of the decline in bitcoin prices due to the declining number of requests. The decline in demand because bitcoin attacked negative news from the banning of ads on facebook, google and twitter and the ban circulation of cryptocurrency in China and South Korea.News that make people afraid to buy bitcoin.
|
|
|
|
|
Dodoymabs
|
|
April 02, 2018, 08:01:59 AM |
|
I think the main cause of the decline in bitcoin prices due to the declining number of requests. The decline in demand because bitcoin attacked negative news from the banning of ads on facebook, google and twitter and the ban circulation of cryptocurrency in China and South Korea.News that make people afraid to buy bitcoin.
Market will never be stable especially in cryptocurrencies because no one can control its value. This is why we experience fluctuations due to untraceable reasons. Many of us are believing that Bitcoin were controlled by what we called "The Big Whales" wherein they are the one manipulating the price. Additionally, like what you just pointed out that it is also being affected by mainstream media, well it can also be possible. So normally, all we can do to help its value to go up is to hodl it in longer term. |
|
|
|
|
Moneypham5
Newbie
Offline
Activity: 134
Merit: 0
|
|
April 02, 2018, 08:12:54 AM |
|
As I know, bitcoin prices have also started to drop after some forex trading floors were stopped due to high trading volume. This disruption, following a series of recent performance issues, has left the user frustrated. reported on its website that they are investigating access issues and that customers "may not be able to access or log into the site during this time." DDoS work, causing questions about the safety of using virtual currency. In addition, bitcoin followers have pointed to many other factors that could contribute to the decline of this currency this week, which led to a sharp drop in bitcoin.
|
|
|
|
|
bddbd
Newbie
Offline
Activity: 103
Merit: 0
|
|
April 02, 2018, 08:17:18 AM |
|
I think bitcoin is because some external news has affected its price. For example, some countries prohibit bitcoin, and some celebrities have maliciously attacked bitcoin, thus affecting the bitcoin market.
|
|
|
|
|
KXC247
Jr. Member
Offline
Activity: 294
Merit: 1
|
|
April 02, 2018, 08:18:20 AM |
|
In my opinion, the main reasons for the decline of bitcoin price are decrease in market capitalization and FUD been spread in the market. These news affect the newbies and they rush to sell off , thereby taking funds out from the cryptocurrency market and this has declined the price of every altcoin including bitcoin.
|
|
|
|
|
SeVenlast
Member
Offline
Activity: 413
Merit: 10
● KEEP CALM & HODL ●
|
|
April 02, 2018, 08:20:19 AM |
|
I think the main cause of the decline in bitcoin prices due to the declining number of requests. The decline in demand because bitcoin attacked negative news from the banning of ads on facebook, google and twitter and the ban circulation of cryptocurrency in China and South Korea.News that make people afraid to buy bitcoin.
Afraid of making a thing to have a bad impact on the current Bitcoin price but I think it's only a few moments. |
● ●
● ▬▬▬▬▬ ● ▬▬▬▬▬ ●●● ● ● ●●● ▬▬▬▬▬ ● ▬▬▬▬▬ ● |
|
|
CryptoBatman1
Newbie
Offline
Activity: 30
Merit: 0
|
|
April 02, 2018, 08:30:36 AM |
|
Reasons behind the decline in Bitcoin price is all because of the fake news about banning BTC, although the market is slowly recovering. All we have to do is stay positive and stay away from the FUD.
|
|
|
|
|
|
a31078
|
|
April 02, 2018, 09:24:06 AM |
|
As a digital currency with no central backing, bitcoin has always been very sensitive to internal and external impacts. Because no laws anywhere support its monetary status, bitcoin is often considered a commodity rather than money. Another reason for its sudden ups and downs is bitcoin falling victim to its own mythology. Security and anonymity have been the cornerstones of its fame from the beginning.
|
|
|
|
|
|
DoublerHunter
|
|
April 02, 2018, 12:26:03 PM |
|
FUD, Panic selling. That is the two simple reasons why bitcoin is dropping, a lot of FUDs are there in the internet for this quarter of the year and it resulted for the price to go down really high and since the FUDs are there then the panic selling are being produced by more people who are hodling their bitcoin because they believed to the FUDs that it is not a good idea to hold bitcoin anymore.
|
|
|
|
|
shibisu
Newbie
Offline
Activity: 26
Merit: 0
|
|
April 03, 2018, 12:59:07 PM |
|
Reasons why #Bitcoin is droping:
- Not a single rebrand since 2009
- No "huge news" or "strategic partnerships"
- Not enough airdrops
- Not enough PhD graduates on the team
- Team not doing bounties...
- Logo is not cool
- Satoshi is not being communicative
This was tweeted by person named Crypto Rand, what do you think about his tweet . I think these reasons always exit but Bitcoin is still very expensive, I would like to know your thoughts on this
The reason why bitcoin drops because there's a big mafia playing, by selling all the bitcoin it has gained from the bitcoin scam website they had created last year, and also the falling XPY price is now also the cause of the bitcoin down, many HYIP sites underwent bitcoin investments that led to a scam, and now it's time for scammers to sell bitcoin from their scam. so, at the core of the above answer, bitcoin price drops because of the act of coin "a scam that promotes its homemade coin and to reap big profits and then run . |
|
|
|
|
Tapyaks72
Member
Offline
Activity: 490
Merit: 28
|
|
April 03, 2018, 01:08:43 PM |
|
FUD, Panic selling. That is the two simple reasons why bitcoin is dropping, a lot of FUDs are there in the internet for this quarter of the year and it resulted for the price to go down really high and since the FUDs are there then the panic selling are being produced by more people who are hodling their bitcoin because they believed to the FUDs that it is not a good idea to hold bitcoin anymore.
Because bitcoin has many detractors that wanted to pin down bitcoin because its a big threat to the banking systems of the world, and also the world economy is still struggling people tend not to invest yet because of the situation, it just need a spark to get into the right tracks. |
|
|
|
1battermainsheet3
Newbie
Offline
Activity: 32
Merit: 0
|
|
April 04, 2018, 01:11:18 AM |
|
I don't agree with the term that phD level matters. What matters is just tactics and btc knowledge and marketings  |
|
|
|
|
coinnoo
Newbie
Offline
Activity: 17
Merit: 0
|
|
April 04, 2018, 11:22:04 PM |
|
Bitcoin is falling behind me due to the investment in bitcoin is quite cautious. Those with economic conditions are very hesitant to invest in Bitcoin because investing in Bitcoin is high risk. The skepticism about Bitcoin's level of risk is due to the fact that in some countries Bitcoin is not legally financed, it is prohibited. Along with many unfavorable sources from some of the world's economic powers, Bitcoin has grown very slowly. But Bitcoin will grow better by the end of 2018 and grow strongly from 2020.
|
|
|
|
|
volcanofetusK
Newbie
Offline
Activity: 55
Merit: 0
|
|
April 06, 2018, 08:38:20 PM |
|
I don't know why the btcs are drowning I only know that I am gonna stay there whatever happens  |
|
|
|
|
|
Titanos
|
|
April 06, 2018, 08:40:39 PM |
|
All the reasons you mentioned didn't change in the last years and yet Bitcoin price knew many rises.
|
|
|
|
|
ACCOUNTSTRADER
Jr. Member
Offline
Activity: 176
Merit: 1
|
|
April 07, 2018, 01:50:46 PM |
|
May be the people lost faith on it after the mass negative ads of media and fiat banks jointly...
|
|
|
|
|
mrbamboo
Newbie
Offline
Activity: 66
Merit: 0
|
|
April 10, 2018, 03:17:50 AM |
|
The reason Bitcoin is falling is mainly from unfavorable information sources from countries. The governments of these countries banned Bitcoin for economic reasons. In particular, bans come from economically developed countries like China and South Korea. But there are still big banks in the major countries that provide information to accept Bitcoin.
Do not worry!
|
|
|
|
|
mrbamboo
Newbie
Offline
Activity: 66
Merit: 0
|
|
April 10, 2018, 03:30:22 AM |
|
I don't know why the btcs are drowning I only know that I am gonna stay there whatever happens Thank you for the encouragement. I also agree that Bitcoin has a lot of market fluctuations. But no matter what, Bitcoin will quickly regain its position as before. Everything has rules. If Bitcoin is to be developed, Bitcoin must be accepted at a reduced rate. The problem is time and patience. |
|
|
|
|
dinar99
Newbie
Offline
Activity: 88
Merit: 0
|
|
April 10, 2018, 03:35:01 AM |
|
Reasons why #Bitcoin is droping:
- Not a single rebrand since 2009
- No "huge news" or "strategic partnerships"
- Not enough airdrops
- Not enough PhD graduates on the team
- Team not doing bounties...
- Logo is not cool
- Satoshi is not being communicative
This was tweeted by person named Crypto Rand, what do you think about his tweet . I think these reasons always exit but Bitcoin is still very expensive, I would like to know your thoughts on this
today bitcoin is dropping because I think it was caused the negative news. |
|
|
|
|
|
