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Author Topic: Reasons why Bitcoin is droping:  (Read 3418 times)
boddy.dy
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May 15, 2018, 05:44:41 AM
 #681

There are a lot of things that affects why bitcoin is dropping and I guess that no one can tell us the real reason behind the dropping and we should admit with that fact. Everyone can say their opinion or guess why this is dropping but this will always be just an opinion or guess because it will never be a perfect because of a lot of factors. For me the factors that affects maybe the status of the economy of each country with the high volume of users. The movement or the status of other crypto currencies. 
BigBos
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May 15, 2018, 05:48:19 AM
 #682

I think bitcoin is dropping is related to the increasing number of bad news about bitcoin and misuse of bitcoin by unscrupulous users for something illegal activity that adds to the long list of bad news.
many things make bitcoin prices down. like one of the exchangers being a scam, or a negative news about bitcoin. we will not know which one will make the bitcoin price go down, but I think, there are so many things that make it happen.
oxf7
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May 15, 2018, 05:53:49 AM
 #683

The latest drop was connected to Korean exchange raid I suppose.
Here are the news. https://www.bloomberg.com/news/articles/2018-05-11/bitcoin-slips-below-9-000-as-korean-exchange-raid-renews-fears
Rakib320
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May 15, 2018, 05:57:31 AM
 #684

Any high points and low points will be trailed by amendment on the grounds that there are many individuals who are here only for the cash going up and they run out when they see some benefit. This is the time when individuals simply offer another currency when they get a little benefit in it and continue gathering bitcoins.
Vzae
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May 15, 2018, 06:36:50 AM
 #685

So as you think some altcoins will surpass BTC in near future ? May be ETH? Monero?

I thing that will never happen. And that will never happen, Altcoin will surpass Bitcoin. Because of what ?? Bitcoin is the king of all Altcoin. Altcoin market also refers to Bitcoin
mix max
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May 15, 2018, 06:47:18 AM
 #686

I think the new regulation in Germany is also one of the causes of bitcoin being dropped. Germany as one of the strongest countries in Europe, especially after the UK out of the European Union, will issue a policy related to Cryptocurrency. They want to arrange Cryptocurrency circulation globally just like a new international currency rate. Germany will not allow Cryptocurrency circulation if there is no global agreement agreeing on a fixed exchange rate for Cryptocurrency. As a result, Cryptocurrency circulation in the European market was slowing down.
UmerIdrees
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May 15, 2018, 06:49:13 AM
 #687


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 Bitcoin is in the correction phase and is growing gradually.

Teh-pucuk
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May 15, 2018, 06:55:18 AM
 #688

because of the unpleasant issues in the heart that cause daily traders to panic to sell coins on the cheap. actually we should be able to deal with the cold head of the issue we can use it to buy coin as much - a lot .

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Blackwhite69
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May 15, 2018, 07:08:16 AM
 #689

There are many reasons for Bitcoin's current price drop, but I think Bitcoin's price always goes up every year from the time Bitcoin is found. Some people are just uncomfortable with Bitcoin's unstable price this year.
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May 15, 2018, 07:13:27 AM
 #690

The reasons why bitcoin price has dropped. The biggest of them lately, is the massive selloffs involving mt-gox's case, next is the selloffs related to various significant factors recently like: taxation, china and other leading country's crackdown on cryptocurrency, media attacks by some wealthy bitcoin haters. And the third reason, which is normal, is the healthy cycle of ups and downs in the market. Since bitcoin had climbed at nearly 20k it has fallen in half, nevertheless, it's value is said to be on the rise compared to its 1k value few years ago. I could say in conclusion that, bitcoin is not dropping but rising, considering that the currency has not come at age yet, but there are already significant rise to the relevant measurable factors that could push bitcoin's value ahead such as, wider acceptability, healthy regulations, involvement from traditional investors and so much more...

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Beroximos
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May 15, 2018, 07:16:07 AM
 #691

I don't think that another crypto surpasses original BTC. Around BTC is a lot of work which many people don't have a hunch. Nothing will overcome BTC in my opinion.
wormgummy019
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May 15, 2018, 07:21:57 AM
 #692


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

 








In my own opinion, bitcoin is dropping because many people lost interest in bitcoin. They lost interest in bitcoin because there are people spreading fake news about bitcoin which resulted to not trusting in bitcoin and switch to other crypto. Fake news is the cause of dropping of bitcoins price.
Kupid002
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May 15, 2018, 07:30:52 AM
 #693

There are many reasons for Bitcoin's current price drop, but I think Bitcoin's price always goes up every year from the time Bitcoin is found. Some people are just uncomfortable with Bitcoin's unstable price this year.
even that bitcoin may down for before the end of the year there is always some chances for that bitcoin may ever to be goes up for and yet we are in half of this year by next month but we see some changes here in crypto currency while it down.

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jame suny
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May 15, 2018, 07:39:52 AM
 #694

I think the reason why bitcoin goes down is, because 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.
Kuchiyose
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May 15, 2018, 07:50:38 AM
 #695

The thing that makes Bitcoin dropping for now is that some people are selling Bitcoin very much to get the benefits they have accumulated over the next few years.
Blackwhite69
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May 15, 2018, 07:53:30 AM
 #696

There are many reasons for Bitcoin's current price drop, but I think Bitcoin's price always goes up every year from the time Bitcoin is found. Some people are just uncomfortable with Bitcoin's unstable price this year.
even that bitcoin may down for before the end of the year there is always some chances for that bitcoin may ever to be goes up for and yet we are in half of this year by next month but we see some changes here in crypto currency while it down.

There is only better to have high patience and buy Bitcoin at the price down to produce something very expensive later on. The time will come when the price of Bitcoin is very high.
jame suny
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May 15, 2018, 08:04:44 AM
 #697

Bitcoin is falling due to reduced bitcoin buyer demand. due to the impact of the nation banned bitcoin activity. Many big corporations forbid bitcoin operations. This impact on the psychology of bitcoin buyers should make bitcoin prices fall
toast
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May 15, 2018, 08:43:32 AM
 #698


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

 

in my opinion the bitcoin is increasing if we see the graph annually is not the daily price chart and of course the investors also already know the risks of investment with bitcoin unstable prices

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Luthfiyaaa
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May 15, 2018, 08:51:39 AM
 #699

the reason why bitcoin down ? probably because nobody started buying bitcoins, or maybe bad news about bitcoin.
but now the price is slowly rising, little by little no problem is important continue to increase from the decline.
I think there is a strategy from various parties to cause bitcoin down to seek more advantages from people who sell cheap.
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May 15, 2018, 08:52:26 AM
 #700

Bitcoin dropping because of news but the market is recovering slowly thats a normal in market no need to panic
My friend I think its not only a news that spread for all bitcoiners but especially for the people holders of bitcoin which trying to sell their profits.

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