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Author Topic: Reasons why Bitcoin is droping:  (Read 3418 times)
jovs
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May 16, 2018, 01:23:57 PM
 #761


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

 

We are entitled to our own opinion, all of us maybe making speculation on the current price drop of bitcoin. Perhaps, there are many guesses running in our minds. Some maybe true and realistic, and others maybe pure nonsense speculation being release to create panic for bitcoin investors. If I were you, I will stay calm and continue to trust the technology while doing my thing on how to earn more bitcoin.
MASDAS87
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May 16, 2018, 01:49:59 PM
 #762

I think tere are some reasons doping bitcoin price such as bad new and panic sell. on the other hand some countries now bitcoin illegal.I think cryptocurrency is long-term issue.  bitcoin price will be increase  in the year 2018 and will be demand-able and more valuable.
dario.93
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May 16, 2018, 02:57:02 PM
 #763

At this moment the bitcoin is going through decrease and giving traders the opportunity to invest more into that because we will get to the point when it starts getting its value back to stability. That is when traders need to monitor the market carefully and sell the bitcoin that they purcahsed during the drop.
Bitcoinismylife12345
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May 16, 2018, 04:01:25 PM
 #764


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

 

Most part of if is so true, especially the part where you said that there are "no huge news or strategic partnership" bitcoin is having right now. People are losing interest in bitcoin nowadays and there are no big good news are popping up in the web, even just an update if the price is rising or not. Next is strategic partnership, it is one of the most important thing in business and if you do have this, there always one company or organizations or whatever that always has your back for better or worst.
trupero_uno
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May 16, 2018, 05:13:45 PM
 #765


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

I do not think with that way to see the reasons of Bitcoin dropping on the post date, that was a supply and demand triggered by big profit taking from the community, It can be imagined to go to exchange by profit perhaps reach ten times from buying price, it was the best chance to gain the big profit on that time.
ghost424
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May 16, 2018, 05:16:57 PM
 #766

If we do not know why Bitcoin's price is increasing, we cannot also speculate on why Bitcoins price is also dropping. Bitcoin is the most popular cryptocurrency because of its value. Maybe the reason of its sudden decrease in price is that a lot of investors are dumping it and buys another Cryptoccurency to spread their wealth into different cryptos.
hogriderr
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May 16, 2018, 05:19:05 PM
 #767

the popularity of bitcoin begins to decline as the number of competitors that the same decline will stop in the future. If the problem of Bitcoin scalability and legality can be solved.
Sumurbor
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May 16, 2018, 05:24:53 PM
 #768

the reason why bitcoin decreases? if I think the decline is due to the investors who monitor the warnings of some regulators and increasing crackdown on the virtual currency market in China.
Jacsnuffles
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May 16, 2018, 05:32:52 PM
 #769

I quite agree with what he thought. But those are not literally reasons of Bitcoin dropping the price. ICOs are increasing by numbers and many are getting interested in a new investment. They transact using Bitcoin and I guess, that is one big reason why the price is still in up and down. Patience is a virtue.

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teejayrichard2
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May 16, 2018, 08:53:18 PM
 #770

you may be right with the various reasons you stated but notwithstanding, i think the basic factor that affects bitcoin price drop is panic. some persons don't fully understand the ideology of bitcoin so whenever they hear a news whether fake or not, they rush to pull out their money because all they care about is profit and nothing more
Eko prasetyo
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May 16, 2018, 09:04:52 PM
 #771

Many people say and agree that Bitcoin's growth trend is due to the connection to a large investor process
as well as professional technology-oriented trader work, Many negative issues arise. For now the market is recovering I think the price will return to normal and will return as always.
AliMan
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May 16, 2018, 09:25:01 PM
 #772

Many people say and agree that Bitcoin's growth trend is due to the connection to a large investor process
as well as professional technology-oriented trader work, Many negative issues arise. For now the market is recovering I think the price will return to normal and will return as always.
I believe there are many reason why bitcoin price is dropping. Bitcoin price drops because bitcoin is volatile, means that the value is rapidly changing, sometimes high, sometimes low, and i think thats normal. Bitcoin drops price because of the bad news about it spreading on the social media, and i think that big whales is part of that, they are using social media to harvest bitcoin on the panic seller, so that they can get big profit in the future.

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benhill
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May 16, 2018, 11:09:30 PM
 #773

Most serious Japanese cryptocurrency Investors sold all their coins in a week, Those that got many traders behind them globally, the  reason is yet to be ascertained atleast about 45 % people are investing in cryptocurrency looking at this figure one can easily confirm the the causes of droping of the Bitcoin.
felmitof
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May 17, 2018, 03:40:49 PM
 #774

For me, the reason why the price of bitcoin is dropping down is because of lack of faith in bitcoin by some new investors in crypto world, they believed in many fudders and they got easily panicked and sell out their coins immediately at low price.
clairdelune
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May 18, 2018, 04:21:21 AM
 #775

Reason why bitcoin is dropping is because of its demand, if many people are buying and buying the supply will be few so if many will buy the value will be high then if the value will be high many will sell their bitcoin then the value will be dropping.
nani culi
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May 18, 2018, 04:38:03 AM
 #776

I agree, why such an important asset like Bitcoin is not making partnership and other sorts of propaganda?! It's so weird, meanwhile, Ripple and Verge are partnering with everyone.
upinros
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May 18, 2018, 04:54:17 AM
 #777

People really lose interest in Bitcoin. That's why the price is down. But in your opinion there are also some other reasons. First of all, it's a great price that does not let newbies buy Bitcoin, so Bitcoin is now literally circulating in between exchanges. The only reason why bitcoin is decreasing is a problem coming from China and south korea that causes FUD.
salintheonline
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May 18, 2018, 05:05:03 AM
 #778

South Korea limitations (Mid January);
Banks limitation (Mid January);
Crypto Taxable (Mid of January);
Indian doubts and their views on cryptocurrency (End of January);
Facebook Crypto Ban (End of January);
End of Credit card investments by JP Morgan (which is smart and I support). It shouldn’t be in debt (End of January);
Chinese ban today.
There are as many positive news as negative, but Media are talking only about bad news, because they are getting paid by governments and people who are interested in crypto fails. I don’t care about news and keep buying
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May 18, 2018, 05:29:51 AM
 #779

Rumors of hacking as well as irregularities in trade will affect bitcoin's value.
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May 18, 2018, 05:55:51 AM
 #780

I think it is caused by altcoin which is also increasing and bitcoin users are switching to altcoin, as indeed there are some altcoins that provide greater advantages than bitcoin.
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