Rustamm
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May 16, 2018, 05:41:25 AM |
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In my opinion, the most noticeable effect on the drop in the price of bitcoin is caused by negative news about the crypto currency. Bitcoin reacts very sensitively to such news, because this changes the ratio between demand and supply, and it depends entirely on them. Recently, we could see this clearly when the bitcoin course reacted sharply with its fall to negative news from China, South Korea, India and other countries.
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Lorence.xD
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May 16, 2018, 06:31:48 AM |
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For me I think the main factor that's affecting the price of bitcoin right now is the news about the governments action on bitcoin. Recently, we have heard the news of governments either regulating or banning bitcoin and it does affects the state of bitcoin in the market.
There are so many indicators that have some effects on Bitcoin price to fall to the level which in not accepted by investor on the said project, But the main issues that affect the Bitcoin are Banned, and Regulation on the acceptance of crypto currency market trading, not to mention the entry of scammer on the market. this are just a few indicators which bring the down the crypto currency market trading. We already seen this thing had happened to the previous months when Bitcoin price and all other crypto currency was hammer by a lot of issues posted on the market. |
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Kemarit
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May 16, 2018, 06:40:10 AM |
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For me I think the main factor that's affecting the price of bitcoin right now is the news about the governments action on bitcoin. Recently, we have heard the news of governments either regulating or banning bitcoin and it does affects the state of bitcoin in the market.
There are so many indicators that have some effects on Bitcoin price to fall to the level which in not accepted by investor on the said project, But the main issues that affect the Bitcoin are Banned, and Regulation on the acceptance of crypto currency market trading, not to mention the entry of scammer on the market. this are just a few indicators which bring the down the crypto currency market trading. We already seen this thing had happened to the previous months when Bitcoin price and all other crypto currency was hammer by a lot of issues posted on the market. And this indicators lead people so panic, causing a domino effect on the market and worst the price going down causing more people to panic, its cyclical and we can't do anything because the market is based on speculation. So we already identify the main causes or factors that trigger the price to go down, then what should we do? For those seasoned veterans in the market, its normal they are not affected, however for newbies, you really need not to be emotional and not just push the sell button. You need to understand what's causing this, so its better for you to just wait it up and see how it goes once the dust has settled. |
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squog
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May 16, 2018, 07:28:19 AM |
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The main factor as to why the price for BTC dropped is the supply of BTC in the market. At it's peak, people withdrew their holding and wait to see if the price will drop again to buy more. Now 2 countries banned BTCs so people from there sold their holding making the price drop some more. It's more like the more supply in the market, the less the price.
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boksoon
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May 16, 2018, 08:39:56 AM |
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Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?
I think the most factor of Bitcoin Price down is because of the new Different Cryptocurrency arose around the world but also like bitcoin still anonymous. Meanwhile, the people are curious what's the most and reliable cryptocurrencies the best while the life of bitcoin is continually falling down because many people are panic and discharge their stock from trading and investment that's why activities of Bitcoin is affected and that's the result of being uncontrolled of misconception. |
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chrisculanag
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May 16, 2018, 09:08:13 AM |
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As I know it, the price of bitcoin decreases is due to bad news. Another is the prohibition of several countries in the use of bitcoin, because of this there is panic selling that can cause bitcoin prices. And the last that i know is the bitcoin whale that control the price of bitcoin to go down and buy to make a big pump and earn some money.
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trako
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May 17, 2018, 02:09:19 PM |
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If everyone gets bitcoin, the price will rise. if everyone sells bitcoin the price drops. in some people there is a bitcoin loaded. They are gradually dropping the market.
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Apened
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May 17, 2018, 02:33:37 PM |
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As I know it, the price of bitcoin decreases is due to bad news. Another is the prohibition of several countries in the use of bitcoin, because of this there is panic selling that can cause bitcoin prices. And the last that i know is the bitcoin whale that control the price of bitcoin to go down and buy to make a big pump and earn some money.
Mt GOX and some understandable news about bitcoins or any other cryptocurrency status that might affects bitcoins proce dump. That is the common triggers and dump occurs because of traders emotional being and common way to react on it when they saw one big candles it will be followed by many and there you cant go against to them. |
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Red Fish
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May 17, 2018, 03:08:04 PM |
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BTC price go down, when demand go down, this is very clear. Plus also BTC mining can make BTC prices lower. If miners deliver in the market good volume of BTC, price can go down also.  |
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joebrook
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May 17, 2018, 03:23:01 PM |
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BTC price go down, when demand go down, this is very clear. Plus also BTC mining can make BTC prices lower. If miners deliver in the market good volume of BTC, price can go down also. Aside the supply and demand which is the basis reason why every investment goes up and down, threats of banning bitcoins and the legalization and adoption by some other countries also seems to affect the value of bitcoins either positively or negatively. |
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ahmad21
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May 18, 2018, 02:25:58 PM |
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The fluctuations in price of anything are mainly affected by its demand and supply. The increase in demand leads to increase in price and vice-versa. Similarly an increase in supply leads to decrease in price and vice-versa. In case of Bitcoin, price fluctuations are caused due to manipulations by whales. When they dump their large holdings at a high price then the supply increases, which cause a fall in price. FUD is also an important factor responsible for major price falls.
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amih
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May 18, 2018, 03:10:34 PM |
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Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?
yes, it is true that bitcoin prices are very unstable and I think the factors that cause unstable bitcoin prices will certainly depend on market demand. so I mean if the market demand increases then the price will be higher and also will happen the opposite. and there are some moments when bitcoin prices will rise or fall for example during moments of big days leading to increased market demand. also when there are so many negative news about bitcoin that will make the bitcoin price drop. |
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lastnumber
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May 18, 2018, 10:29:14 PM |
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In my opinion, the biggest factor influencing Bitcoin is the psychology of investors. Once they have more confidence in Bitcoin, they are determined to collect more Bitcoins to wait for a suitable moment to sell Bitcoin for profit. But lack of confidence, the sale of Bitcoin massively in the market will reduce the value of Bitcoin. From there, it is possible to identify many reasons affecting investor sentiment. May be due to information, government regulations, world war situation ...
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goldcoinminer
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May 18, 2018, 11:20:52 PM |
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In my opinion, the biggest factor influencing Bitcoin is the psychology of investors. Once they have more confidence in Bitcoin, they are determined to collect more Bitcoins to wait for a suitable moment to sell Bitcoin for profit. But lack of confidence, the sale of Bitcoin massively in the market will reduce the value of Bitcoin. From there, it is possible to identify many reasons affecting investor sentiment. May be due to information, government regulations, world war situation ...
Yes it's true.In my own point of view,i say panic selling is the most influential factor that makes the price fall down.The market price is really unpredictable so when there are dips happening,most of the crypto users cannot control their emotions and make panic selling right away.But this is more applicable to most of the newbies because legends here are already aware of what's the best thing to do. |
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Ishiro5
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May 18, 2018, 11:42:29 PM |
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I think one of the major factors is spreading FUD and massive sell-offs from time to time by big holders. Unfortunately, there is hardly a way to stop this now maybe until a certain time when bitcoin has evolved more.
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LuffyD.Monkey
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May 19, 2018, 08:17:40 AM |
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Well, I think the number one is the negative news that are being carried by the media., though most of them are not really effective on the impacts they make, but only one strong negative news can make the market fall to the lowest. Some people also believes that these medias that spreads FUD are being paid by the whales to do so. Another thing that makes the price to go down is what we know as the pump and dump, which is caused when someone invests a huge amount of money to pump the price and then withdraws when price is high.
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gabmen
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May 19, 2018, 01:10:00 PM |
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I think one of the major factors is spreading FUD and massive sell-offs from time to time by big holders. Unfortunately, there is hardly a way to stop this now maybe until a certain time when bitcoin has evolved more.
Well even if btc would evolve i think these factors would still affect btc and would be the main catalysts for a price drop. Many new people are coming in the more bitcoin becomes popular and accepted. Guess we just have to learn how to accept and react to these factors |
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Bagaji
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May 19, 2018, 01:21:09 PM |
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I don't believe there is any logical association of bitcoin volatility with time period just like January or February. The most of the factor that influence the market value of bitcoin is the forces of demand and supply and that of fundamental issue.
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nightxglow
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May 19, 2018, 01:25:54 PM |
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Well it's kinda funny how in the earliest month of the year, bitcoin price tends to fall down.
I don't know why though. As far as i know, it's because there are so many people do panic selling. They heard about bitcoin price increase drastically last year and decided to buy them, but when bitcoin price fell a bit, they became panic and sell all of their coins. Kinda fool decision, but can't blame them since they don't know about bitcoin.
Other factors that may affect maybe media plays that always talk bad thing about bitcoin? Not really sure about it as well.
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Yadstiker
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May 19, 2018, 01:44:52 PM |
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Well it's kinda funny how in the earliest month of the year, bitcoin price tends to fall down.
I don't know why though. As far as i know, it's because there are so many people do panic selling. They heard about bitcoin price increase drastically last year and decided to buy them, but when bitcoin price fell a bit, they became panic and sell all of their coins. Kinda fool decision, but can't blame them since they don't know about bitcoin.
Other factors that may affect maybe media plays that always talk bad thing about bitcoin? Not really sure about it as well.
Honestly, it is no longer a big issue when i hear those news about people that are whining or complaining because they panicked sell. We also witnessed how far bitcoin reaches before the year ends last year, and how horrible happens in the market after that, well that is only my opinion, but the most horrible is how people react to that situation. |
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