Why does bitcoin crash occasionally?

[Visin]

UPs and Downs are normal in Cryptocurrency.

It's normal because the volume is very low.
If the volume gets larger then the amount of coins being sold should increase also.

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[BTG-BTC]

No one dares to place themselves on the long run with all the bad news, and that's where we see that bitcoin is primarily a trading tool and not a currency

[Akash1243]

Recently bitcoins prices increased a lot in very small period of time within 1 year bitcoins prices went from $900 to almost $20k so this drop in price was merely because of correction of the bitcoins price.And as bitcoins is very volatile in nature it's price gets affected alot from many things.

[sheenshane]

So, as many of you are painfully aware, bitcoin crashed around 30% over a couple of days, reportedly due to regulatory pressures in Asia, and a potential ban in China due to energy wastage and tax evasion risks etc. Reports suggest that China contributes as much as 70% of the worldwide hashing power, and yet we only saw a 30% drop.

Source: Report: PBoC Quashes Bitcoin Mining Ban Rumor in China

Furthermore, we saw 30%+ drops in other cryptos, even unminable, non-decentralized ones. So, conspiracy theorists, why do you think bitcoin really suffers these sporadic crashes, could it be large-scale market manipulation? Or is it simply FUD leading to a wide-spread panic selling?

We could not assure that the main reason why bitcoin getting crash these few weeks, maybe it's because of china's down full from their miner and also banning in other countries just like Indonesia and South Korea. Or another reason it's being normal of bitcoin crashing down it because of being volatile it may fluctuated by itself high and low price movement. This is not first time crashing out with bitcoin then in this scenario now i did not surprised besides i keep holding on bitcoin.

[iagyei259]

Asia, main movers of crypto currency has been  tough on crypto  traders recently  as a result of new government  policies. Traders in these areas are out of fear selling their coins massively is the major reason  for bitcoin  recent crash.

[Rath_]

There are plenty of reasons why Bitcoin crash sometimes. When Bitcoin gains a lot of attention, its price tends to surge. Most of the people want to cash out - usually large amounts of money which generally leads to huge panic and decrease in price. Sometimes people are afraid of upcoming hard forks (Bcash and SegWit2x are a good example) or just something bad happened e.g. China claimed to ban Bitcoin. These crashes are definitely healthy for Bitcoin and our community.

[realcrypto]

The news that come up of recent is enough to crash the price of bitcoin but from the look of things the traders, miners and exchangers owners from that country will fine a way out so just relax.

[EinaiOraCoinDev]

The volume of bitcoin is very low? Seriously? do you even know how many volume does it has? It is changing everyday, you clearly do not understand a shit about cryptos..

It's normal because the volume is very low.
If the volume gets larger then the amount of coins being sold should increase also.

[Zyborg]

As far as i am concerned this crash is very healthy for BTC.Because many people were indulge in undervaluing BTC that its a bubble and can blow any time and the investors investment will go waste.Right now it went through dip by 30% and interestingly its recovering and soaring again,gaining lost Courage of investors that despite 30% dip it has recovered so quickly and shut down the rumors of bubble and blow.If you carefully see the history of other cryptocurrencies you will implicate that after dip it takes long time for them to pump up or finally crash.Its BTC who endured a huge jerk and moving up and sustaining its reputation.So finally i can say very proudly that this crash is very helpful & fruitful for potential buyer.After 30% crash people will not think to invest in it for long.Its my analysis for BTC..

[BitcoinGirl.Club]

Bitcoin is still a new product which is still unregulated in some parts of the world and if it is to be used by people without fear we need regulations but the problem is if the people in charge of putting these financial rules come up with something we dont like value dips but as time goes by this will become a stable market  as we wont have uncertainties.

[Jexjatto]

The same thing as the stock market, prices goes up and down due to so many factors, to say one for sure is what no body can pin point .

[Aveatrex]

So, as many of you are painfully aware, bitcoin crashed around 30% over a couple of days, reportedly due to regulatory pressures in Asia, and a potential ban in China due to energy wastage and tax evasion risks etc. Reports suggest that China contributes as much as 70% of the worldwide hashing power, and yet we only saw a 30% drop.

Source: Report: PBoC Quashes Bitcoin Mining Ban Rumor in China

Furthermore, we saw 30%+ drops in other cryptos, even unminable, non-decentralized ones. So, conspiracy theorists, why do you think bitcoin really suffers these sporadic crashes, could it be large-scale market manipulation? Or is it simply FUD leading to a wide-spread panic selling?

I think Bitcoin crashing is due to multiple factors like traders grabbing their profit by selling (market correction) or when an event is upcoming like xmas or something like that.
Furthermore,media spreading fud about cryptocurrency also influence people to panic sell.
I guess that altcoins falls when bitcoin falls and that's because panic sellers trade their altcoins to bitcoin first,then convert it to fiat currency.

[ChatterPocket]

Well it depends on multiple factors. Sometimes it's just a market correction and other times it's based on the market sentiment that changed due to news.

One of the guesses for recent crash is the recent talks of ban in South Korea and China.

[bernashka]

The value of any crypto currency is regulated by the demand and its volume at the moment, that is, how much it is extracted and how difficult it is to extract in the subsequent time, and the demand can be speculative, and this is one of the main problems of crypto currency.

[conceivedspoon2]

Its a peer to peer currency. Its price is dependent on the usage of it. And moreso, some news may likely influence its price.

[GreenPowerRanger]

The problem is, that the volume are low and there are to many weak hands who own bitcoin. WHen theres some FUD news in the mainstream media, those people run over to their pc and sell everything, even when there are just fake news. So in future when more people will own bitcoin or cryptocurrencies and the volume get higher, there will no more -25%dumps.

[aardvark15]

So, as many of you are painfully aware, bitcoin crashed around 30% over a couple of days, reportedly due to regulatory pressures in Asia, and a potential ban in China due to energy wastage and tax evasion risks etc. Reports suggest that China contributes as much as 70% of the worldwide hashing power, and yet we only saw a 30% drop.

Source: Report: PBoC Quashes Bitcoin Mining Ban Rumor in China

Furthermore, we saw 30%+ drops in other cryptos, even unminable, non-decentralized ones. So, conspiracy theorists, why do you think bitcoin really suffers these sporadic crashes, could it be large-scale market manipulation? Or is it simply FUD leading to a wide-spread panic selling?

Crashes can happen after the price rises high very quickly. The price may be too high because of enthusiasm of investors or because of price manipulation. The crash would follow if there is any bad news such as a government regulation or a cryptocurrency exchange that had a problem. Or the price drop could be just because investors are cashing in on there recent huge profits.

[nick_nick]

So, as many of you are painfully aware, bitcoin crashed around 30% over a couple of days, reportedly due to regulatory pressures in Asia, and a potential ban in China due to energy wastage and tax evasion risks etc. Reports suggest that China contributes as much as 70% of the worldwide hashing power, and yet we only saw a 30% drop.

Source: Report: PBoC Quashes Bitcoin Mining Ban Rumor in China

Furthermore, we saw 30%+ drops in other cryptos, even unminable, non-decentralized ones. So, conspiracy theorists, why do you think bitcoin really suffers these sporadic crashes, could it be large-scale market manipulation? Or is it simply FUD leading to a wide-spread panic selling?

First and foremost, we should be mindful that price changes would definitely occur in the investment of cryptocurrencies, and hence a normal phenomena. However; the following factors play major role in the crash
a. Fear: many people are selling Bitcoin at the same and hence causing supply to exceed demand
b. Influx of altcoins in the system are reducing the demand for Bitcoins and hence causing the price to fall

[Vatimins]

So, as many of you are painfully aware, bitcoin crashed around 30% over a couple of days, reportedly due to regulatory pressures in Asia, and a potential ban in China due to energy wastage and tax evasion risks etc. Reports suggest that China contributes as much as 70% of the worldwide hashing power, and yet we only saw a 30% drop.

Source: Report: PBoC Quashes Bitcoin Mining Ban Rumor in China

Furthermore, we saw 30%+ drops in other cryptos, even unminable, non-decentralized ones. So, conspiracy theorists, why do you think bitcoin really suffers these sporadic crashes, could it be large-scale market manipulation? Or is it simply FUD leading to a wide-spread panic selling?

      Well, the way i see it, there are a lot of alibis that can be used today. Some will say it's because of the Chinese new year and other holidays, then, there's the price manipulations. Then there's another reason caused by greedy weak handed people that only came for greed and when the prices went down they decided to cutt lossess or simply take profits or panic selling. This is because they do not have enough understanding about how things work in the crypto world.

[ramJet08]

It doesn't crashes it under the correction
Don't worry it supposed to get back even rise up higher
I believe it'll be about 20+k for BTC