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Author Topic: Reasons why Bitcoin is droping:  (Read 3415 times)
brightology
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May 15, 2018, 03:17:20 PM
 #721

The most reason why the prize of bitcoin keep fluctuating down direction which is seen as dropping in prize, Because many invest are on selling process which keep affect the market. but soon bitcoin we go back to the Normal point, as initial price of 1BTC =15000 USD

Cryptocb
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May 15, 2018, 03:23:27 PM
 #722

Bitcoin is a crypto currency that is more acceptable than any other alt-coin for online payment or shopping online, therefore bitcoin has been creating a role to many people to invest, as the session point.
Maveric99
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May 15, 2018, 04:02:07 PM
 #723

it may be that investors are selling bitcoin there are other necessities, summer will come a lot of necessity to receive profit to enjoy it at this time with simultaneously give opportunity for other new investor to invest its money. so bitcoin is now literally circulating among exchanges. Second, Bitcoin technical loss: slow speed, loss of intelligent contract support, high cost. Nothing was done to help her grow.
bct-72
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May 15, 2018, 04:20:27 PM
 #724

There are so many bad news, goverments doesn't support it...
cr1tbayman
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May 15, 2018, 04:31:34 PM
 #725

Bad logo is the biggest reasoning , yea Smiley  How can you even write a reason like that?
unsquidly
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May 15, 2018, 04:35:06 PM
 #726

From news sources it is clear that the reason for the ongoing price decrease is of two major incidents. One is the 8000 bitcoin sell off through four different bitcoin wallets which have been done by one of the trustee of Mtgox. Next is the inspection by local police investigators upon South Korea's largest cryptocurrency exchange.
tarpa07
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May 15, 2018, 05:37:52 PM
 #727

In a couple of days ago Bitcoin price was very well and when some country Bann Bitcoin on that time Bitcoin was dumb. In a few months ago Bitcoin price was 20,000 but now Bitcoin price is $9,000 so when people know Bitcoin news that was China and other country banned Bitcoin in this region Bitcoin price is very dumb but day by day Bitcoin recover market price so  in this moment Bitcoin again growing.
Bitexpert2017
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May 15, 2018, 05:42:09 PM
 #728

Bitcoin and all cryptos fall at the drop of a dime if there's any reasonably negative news about it. It's just part of life here in the cryptosphere, just man up and HODL.
kobratuz
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May 15, 2018, 05:46:03 PM
 #729

my opinion bitcoin is droping because of many false news. I think it's a reasons for droping.
Hadiuzzaman
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May 15, 2018, 05:49:10 PM
 #730

I think this is just a normal correction,after finishing the correction period we will see bitcoin made his new ath.I think end of the year 2018 bitcoin will hit 25000-30000 dollar.
jaaeeeyyyy
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May 15, 2018, 05:51:32 PM
 #731


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

 

A lot of the times where bitcoin's price plummetted could be attributed to the amount of massive selling that happens at the time. For example, a lot of people cashed-out during the December price skyrocket which became famous because of bitcoin reaching 20,000$ at the moment. And because of the massive cash-outs that happened at the time bitcoin's price plummetted the next month, and continued to do so for a few months before experiencing a true price increase recently.
xiboothrezi
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May 15, 2018, 06:28:23 PM
 #732

my opinion bitcoin is droping because of many false news. I think it's a reasons for droping.
News does affect the market, especially in terms of demand and supply. When there is a bad issue, for example, there is a crime that utilizes bitcoin, or there is news about banning bitcoin by a particular country or platform, it greatly affects bitcoin so the price decreases. Positive news will have the opposite effect.

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Stac
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May 15, 2018, 06:37:13 PM
 #733

In all the financial markets the prices keeps on fluctuating and there is no market where it remains stable for longer periods, like in other financial markets like stock and share markets these crypto markets has a bubble time and a burst time. when there is a drop in the market normally the investors look for the prices to drop to buy the commodity and sell when there is a hike in the market as it can help to earn good returns from their investment.

Yarsk
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May 15, 2018, 07:09:46 PM
 #734

The above listed reasons are not totally correct and at the same time are not far from the truth, but the major reasons why the bitcoin price is dropping is due to low demands since it operate on the economic law of demands and supply so that is the reason for the fall in price.
Seundavid
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May 15, 2018, 07:20:30 PM
 #735

One of the major reason is market not favourable and people starting losing interest in it.
cryptosonu
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May 15, 2018, 07:36:06 PM
 #736


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 are so many reasons why bitcoin is dropping, Promotion of cryptocurrencies became strictly restricted on main media channels, China’s relation to cryptocurrencies and Mt. Gox, with Nobuaki Kobayashi sold roughly $400 million in Bitcoin between December and March. It is believed that the bitcoin that was sold by creditors on private sales was moved directly to exchanges and then turned into fiat. Surely, this sale might have affected the price and Tax reasons As a lot of people had to report profits, now they need somehow to pay taxes and turn their crypto assets into fiat money.
ardani332
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May 15, 2018, 08:00:07 PM
 #737

bitcoin prices are currently very high, so it's natural that many bitcoin users with little capital move to other coins. but as we know, no one knows whether satoshi nakamoto is a person or a team. and if they are a team I think marketing of bitcoin must have their own strategy to get bitcoin prices back up.


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Bit-Tech
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May 15, 2018, 08:33:18 PM
 #738

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.
edjames
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May 15, 2018, 08:40:23 PM
 #739

Billionaire "Warren Buffet" said "Bitcoin will end up badly"  Wink

Did he expand on that comment, or was it simply a flip of the coin, or based on the fact that he didn't get in early?
Raggie
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May 16, 2018, 06:56:31 AM
 #740

Reason for bitcoin falling can be an issue about regulations. makes the bitcoin holders facing uncertain situation
and sell bitcoin for lower price. The fud spread about bitcoin will affect bitcoin price on the market too i think.
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