hashshashin
Sr. Member
Offline
Activity: 728
Merit: 250
Look ARROUND!
|
|
May 14, 2018, 11:18:56 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
This is probably the most ridiculous reason that I heard at the expense of bitcoins. Very funny. I'm not a professional in bitkoyne, and I understand everything only superficially, but even for me it's clear that this is FUD.
|
......................................... █████████████████ ███ ██ █ ██ ███ ██ █████ █ █████ ██ ███ █ █ █████ █ █ ███ ███ █ ███ █ ███ █ ███ ██ ███ ██ ███ █ ███ ██ ███ ██ ██ ████ █ █████ ██ ███ ██ █ ███ █ ███ █ ██ ███ █ █ ██ █ ██ █ ██ █ ██ █ █ █████ █ █████ █ █████ █ █ ██ █ ████ █ ████ █ ██ █ █ ███ ████ ██ █ ██ ████ ███ ██ █ █████ █ █████ █ ██ ██ ██ ██ ████ █ ████ ██ ██ ██ ██ █ ██████ █ ███ ████ █ ██████████ █ ████ ██ █████ █ ██████ ██ ███ ██ █ ███ ███ █████████████████ | ARROUND
| | █ █ █ █ █ █ █ █
| .
| | █ █ █ █ █ █ █ █
| | . • Telegram • ANN Thread • Bounty Thread • Whitepaper |
|
|
|
Zahrowil Qolbi
Newbie
Offline
Activity: 140
Merit: 0
|
|
May 14, 2018, 11:27:05 AM |
|
I think that opinion is partly true. As people lose interest in bitcoin, there is no strategic partnership, etc. but what makes it down for sure is because many people sell bitcoins instead of buying them. thank you
|
|
|
|
haloobabaa
Newbie
Offline
Activity: 19
Merit: 0
|
|
May 14, 2018, 11:31:28 AM |
|
By the end of March 31, Bitcoin prices had fallen from $ 13,400 in January to $ 6,900 in CoinDesk. The reduction is equivalent to 48%, even stronger than early 2013. At that time, Bitcoin lost 38%. In total, $ 119 billion of market capitalization has evaporated in the past three months. Bitcoin is a way to get rich. Bitcoin is constantly changing and unpredictable. However, after the dropping, bitcoin cx quickly rebounded, dominating the market. So, I think Bitcoin prices are inevitable in the market. Important than is it will be back.
|
|
|
|
iliev41
Jr. Member
Offline
Activity: 106
Merit: 1
|
|
May 14, 2018, 11:35:29 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
There is also a point that is said by Crypto Rand. But certainly a lot of factors that cause the price of Bitcoin down. Like many investors who sell Bitcoin at cheap prices, the number of negative news about Bitcoin, and the number of countries that prohibit Bitcoin cause Bitcoin users are reduced in large quantities. It’s the usual fears on regulation in the US after ICO subpoenas and exchanges coming under fire, as well as the Binance issues. These are purely behavioural markets and there are huge switches between strong bullish sentiment and fear and panic.
|
|
|
|
marcous
|
|
May 14, 2018, 11:40:40 AM |
|
all the reasons could have an effect on the bitcoin price, because basically up and down the price is indeed because there is a good and bad news that's affect the bitcoin price I guess. whatever the reason is bitcoin will still be expensive, even if the price drops it is a common market condition happened.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
SangitAlam
Newbie
Offline
Activity: 26
Merit: 2
|
|
May 14, 2018, 11:42:32 AM |
|
I think money are diverting into new quality ICOs
|
|
|
|
kolitski
Member
Offline
Activity: 518
Merit: 10
|
|
May 14, 2018, 11:49:30 AM |
|
There are many reasons why bitcoin is dropping price in the market it might be some fake news about bitcoin that bitcoin will be dead or even bitcoin holders are in panic selling because of fake news about bitcoin that causing of dropping the price.
|
|
|
|
Bitlife81
Newbie
Offline
Activity: 131
Merit: 0
|
|
May 14, 2018, 12:06:47 PM |
|
I think now it is not something like that that keeps the bitcoin price constantly droping. bitcoin has passed that period. where bitcoin has successfully campaigned and has successfully become the most famous cryptocurrency. Bitcoin has gained confidence, it proved because of the fantastic price. however, this time bitcoin must face the challenge to exist and be able to grow, the challenge is.. which related to regulation in every country. today, the government managed to slightly inhibit the growth of bitcoin by issuing adverse regulation. not only that, they also issue various negative issues about bitcoin to the community.
|
|
|
|
Luigieee
Jr. Member
Offline
Activity: 148
Merit: 4
A Blockchain Mobile Operator With Token Rewards
|
|
May 14, 2018, 12:10:06 PM |
|
There are some reason why bitcoin price is getting to dump ,like investor or big whales they sell their investment and also fud news about bitcoin if either good or bad im sure it really reflect and affect the price of bitcoin.
|
△ M!R△CLE TELE (https://miracletele.com/) ▌ BRINGING MAGIC TO THE TELECOM INDUSTRY ▐
|
|
|
anavir
Member
Offline
Activity: 350
Merit: 12
|
|
May 14, 2018, 12:20:17 PM |
|
negative news is one of the reason why bitcoin is dropping.It makes some investor scared about the standing of their investment which resulted to panic selling and less demands.
|
|
|
|
VeronAncient
|
|
May 14, 2018, 12:28:35 PM |
|
In my opinion. the most important reason because bitcoin is still prohibited in all countries. so companies from bitcoin can not market widely through mass media and make activities related to digital currency freely without fear of being prohibited by the authorities.
|
|
|
|
M00nlander
Newbie
Offline
Activity: 59
Merit: 0
|
|
May 14, 2018, 12:38:33 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
Well what did anyone expect after such an insane run-up. Nothing in terms of the tech has diminished and is in fact progressing all the time. I don't think BTC's brand is an issue at all, the market just works in cycles so just HODL until the next bull run
|
|
|
|
threegods
Newbie
Offline
Activity: 113
Merit: 0
|
|
May 14, 2018, 12:38:48 PM |
|
crypto is not just bitcoin, now it's a lot of new, bitcoin price can go down one of them move to new currency so bitcoin volality decrease which cause price decrease
|
|
|
|
Manoj94
Newbie
Offline
Activity: 82
Merit: 0
|
|
May 14, 2018, 12:56:25 PM |
|
In 2017 Bitcoin perform very good reaches to 20,000 USD this started a new era of Blockchain. In 2018 now everything is going on Blockchain, so there are many new ICO and new altcoins. These new ICO hv created unstability in Market. Therefore Bitcoin is struggling to cross 10,000 USD.
|
|
|
|
Hube950
Newbie
Offline
Activity: 114
Merit: 0
|
|
May 14, 2018, 12:59:36 PM |
|
Bitcoin price has been dropping for many reasons. One been the rumour in the market that popular crypto exchange Binance was hacked in an attempt to influence Viacoin’s price. Also, China was said to drop out of crypto trading drastically affecting trade and transactions from that region due to large number of people that were affected.
|
|
|
|
Man91
Newbie
Offline
Activity: 98
Merit: 0
|
|
May 14, 2018, 01:07:00 PM |
|
I might agree with that as well because as we can see, bitcoin seems so stagnant these days which keep me wondering what's the reason behind it. Lots of expectations that its market value will rise but that seems to be far from reality now
|
|
|
|
etherixdevs
Jr. Member
Offline
Activity: 203
Merit: 3
|
|
May 14, 2018, 01:07:07 PM |
|
Don't you see the "fantastic" hands of those who move the "traditional" economy of the world behind some of the news? Don't you see the attempt to drop the price in order for the "big brothers" to buy at lower prices?? I am not surprised of anything (maybe I am the only one)
|
|
|
|
Elkafi
Newbie
Offline
Activity: 112
Merit: 0
|
|
May 14, 2018, 01:21:53 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
I Think there is several factor. there's a lot of bad news about bitcoin and it's causing panic, so more sales than buying it will make bitcoin prices down, but bitcoin will surely rise again with the disappearance of negative news about bitcoin. It is just a crisis. The bitcoin price will rise soon.
|
|
|
|
klebsiella
|
|
May 14, 2018, 01:37:00 PM |
|
News about cryptocurrency being regulated in some countries has a large impact in the crypto world. Statements from the government calling Bitcoin illegal drives away investors. Like that in China who was said to be the mining capital banned all foreign cryptocurrency exchanges. The strong pressure from the government caused a huge drop in Bitcoin's value.
|
|
|
|
denverangelo9
Newbie
Offline
Activity: 133
Merit: 0
|
|
May 14, 2018, 01:39:34 PM |
|
bitcoin down may be due to FUD issues or negative news that appear. therefore bitcoin is sensitive because many investors fear bitcoin is getting down and they are selling their bitcoin to USDT. and when bitcoin is at the lowest price then they are back to buy. with cheap price.
|
|
|
|
|