What is the most influential factor that triggers bitcoin prices to fall down?

[snipetr]

Price of any currency is determined by the flow of demand and supply. December is a festival season all over the world. Every year by the end of the year all markets goes low, investors withdraw their profits by selling their investments. When purching power becomes less prices goes down. Same has happened with bitcoin and altcoins. Other than this bitcoin`s strong supporter Korea banned bitcoin by giving security reason. Bitcoin investors are already unhappy with the increased transaction charges. All these reasons all together affected bitcoin price.

[fiulpro]

I do think that the most important factor that determines it's price is undeniably the government support.

There are many other factors too but I do feel that it's d most important one .

Since people are only allowed to get involved with the cryptocurrency Seriously if the government accepts it and doesn't interfer with it in any way.

We can easily see the examples where due to government's decision the price of Bitcoins fell tremendously and still we are experiencing this .

[fullhdpixel]

I think when the biggest holder of coins started to sell their coins and the demand of coins started to fall, thats triggers the Bitcoin price to fall..

This makes sense. The reason is these people are called whales. They have much to store than a normal user. And they don’t sell randomly. There are groups and mafias regulated only for this purpose. They want to make the bitcoins controlled under their supervision and yes theory are somehow controlling it. These people sell with a proper plan and thus supply gets enough in the market, so prices falls.

[newgal2017]

The value of Bitcoin is dropping for its value is dependent upon the quantity of demand and supply, the amount of investments made through the number of people participating in Bitcoin.

The most influential factor that triggers the Bitcoin price to fall down is the flow of supply and demand. Followed by the impact that the government policies makes and as well as the time, season and holidays. Also, the influence that the media and social media give to the viewpoint of the people who know and do not know Bitcoin.

[lablab03]

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?

On my view perhaps this is incidentally, which is maybe the reason behind this scenario is the panic selling made by some holders when the price drop before January and i think there's no other influential factors about it.

[adekpulpen]

The main factor is, because of panic behavior
This is the most affected, and the cause is the media, making bad news about bitcoin, and it certainly affects investors, they will sell assets on a large scale, to protect their assets, and of course if that happens.
bitcoin prices will go down
due to less trust in bitcoin

[gabmen]

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?

On my view perhaps this is incidentally, which is maybe the reason behind this scenario is the panic selling made by some holders when the price drop before January and i think there's no other influential factors about it.

One thing that can affect greatly btc's price is the left and right fuds circling about btc and crypto itself.  This creates anxiety that first, makes weak hands panic, and afraid to buy in. All the news about government bans and regulations affect the price whether we like it or not. Same way as positive news can make the price spike up.

[BaraxLo]

Because some investors sell their bitcoin in christmas and new year, the effects the price will drop down. But after new year investors will buy bitcoin after the price drop and it will effects the price come up again. It's a normal situation, just keep bitcoin for your future and you will see the profit you get it.

Yeah mate you are right the fall in bitcoin prices are because of people selling their coins for sake of profit and I think there is nothing wrong in it people invests into bitcoin to make money and when they sell it is convention its prices come down and I am sure this time down prices are the best one for the people to buy as much as they can and those who will obey this rule they will be the richest people in next 5 to 6 years.

[wuvdoll]

Because some investors sell their bitcoin in christmas and new year, the effects the price will drop down. But after new year investors will buy bitcoin after the price drop and it will effects the price come up again. It's a normal situation, just keep bitcoin for your future and you will see the profit you get it.

Yeah mate you are right the fall in bitcoin prices are because of people selling their coins for sake of profit and I think there is nothing wrong in it people invests into bitcoin to make money and when they sell it is convention its prices come down and I am sure this time down prices are the best one for the people to buy as much as they can and those who will obey this rule they will be the richest people in next 5 to 6 years.

We cannot do anything about this as many people are psychologically setting some target for their bitcoin saving. When they are reaching some big price levels then they prefer to book profits instead of continuing holding their bitcoin saving. I believe this is what happening with bitcoin prices right now as people are booking profit even they are actually not preferring to do so.

When bitcoin prices are falling down, people changing their mind and want to secure their profits so that they can buy back more number of bitcoins for the same investment, they have actually engaged with the bitcoin earlier.

There could be thousands of reasons for bitcoin prices to fall down now a days. But one probable influential factor must be sentiment of common people.

[minnerETN]

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?

There are many reasons why Bitcoin is bad news about it in many countries. Many countries began to forbid it from causing its owners to worry about the law, and they sold all that caused Bitcoin prices to start to evaporate.

[amyro4ka]

Just need to pay attention to the fact that the course can change both smoothly and dramatically. And the main reason for the sharp change in the rate - are "pampers" (players who have huge assets behind their shoulders, which allows them to immediately raise the rate to the maximum possible size).

[audrey12]

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?

Last December I believe many people convert bitcoin for holiday season and because of that the demand in bitcoin decrease and become available in the circulation, since the value of bitcoin is base on demand and supply huge amount of conversion can really affects the current price of bitcoin. Another thing is that since there are many ICO and alts introduce in the market the demand was diverted which may also the reason why some alts pump in value few weeks ago.

[sgenuine]

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?

Unfortunately millions and even billions are affected by mass media. When some information that Bitcoin can be a bubble appears, people rush to get rid of it, they do not but BTC and the demand follows together with its rate. Ban of BTC in some countries is also one of these reasons.

[JerryJam]

Recently, bitcoin is becoming more and more popular. Accordingly, the number of users is increased bitcoin. This affects the speed of transactions. The size of the 1 MB block allows bitcoin to perform about 5 transactions per second. This is very small. Some of them start to hang. There is an opinion that the drop in the bitcoin rate is influenced by the actions of the US authorities. Recently they are putting pressure on the crypto-exchange markets. Require verification of their customers. Many have lost access to their wallets. I think that the problem of scaling is the main reason for the drop in bitcoin prices.

[burner2014]

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?

Unfortunately millions and even billions are affected by mass media. When some information that Bitcoin can be a bubble appears, people rush to get rid of it, they do not but BTC and the demand follows together with its rate. Ban of BTC in some countries is also one of these reasons.

As per study by the Economist one of the major factor that affects the price is how investors behavior in making decisions and other participants and their own intuitions, government regulations around the world have also the effect, for example how a certain country treated the tax system, and how they apply it for use.

[noictib]

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 no , it has no logics for dump in last of January and start of Feburary , here only conditions matters much than what logics you are saying , and another big factor that is a big reason in our bitcoin market price is news system that can dump as well as pump depends upon the news belong to which thing or which type is negative or positive .
Here every week we are seeing that price of the bitcoin going down because every week new new negative news are coming .
And recent new news is that Facebook will no more cryptourrency advertisement , so here a type of negative news making the people panic And they sell Thier btc .

[MrBea]

the most influential factor in bitcoin prices falling is all of these fake news articles coming out to get weak hands to sell. We have seen is yesterday even when bloomberg writes a story on the tether incident with the talks of the subpoena and than later re-edit it after everyone had already seen it and reacted to it that the subpoena was from at least a month or more ago. Being that the crypto market is already pretty violate just adding these fake news articles in and you get what you are currently seeing. Manipulation from the higher ups so they can scoop up some cheap crypto currencies before they too, admit that block chain technology is indeed the future.

[totaleclipseofthebank]

It is about the profit. Everyone knows about it except you. When the prices have already increased so many times, it has to go down no matter how good a coin can be. As you can see, bitcoin did x20 from $1000 to $20000. It means that everyone who bought bitcoin at the beginning of 2017 can easily x20 their balance. Therefore, I believe that this is a good time for people to hold their coin and buy more coin if they have money

[nitrousteam]

It is about the profit. Everyone knows about it except you. When the prices have already increased so many times, it has to go down no matter how good a coin can be. As you can see, bitcoin did x20 from $1000 to $20000. It means that everyone who bought bitcoin at the beginning of 2017 can easily x20 their balance. Therefore, I believe that this is a good time for people to hold their coin and buy more coin if they have money

Bitcoin is like all the altcoins fluctuating a lot. If the trader has freshly arrived into the crypto market he must learn about the volatility of the coins. The experienced traders already know that every fall will lead to rising. You must be smart enough to realize the importance of your portfolio and what can it bring you with the HODLING. We have all started slowly but before we entered the market we were already acquainted with the power of fluctuation.

There are many reasons for the dump in the price. Currently, the reason is Tether which has been proclaimed as the asset of making the Bitcoin pump its price. Whales cashed out the Tether and bought the Bitcoin with it. Right now this situation has caused some unbalance on the market but crypto cant be destroyed because we can see that all the companies ( Samsung) are slowly starting to accept the implementation of the crypto into their business.

[Topaz72]

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?

Unfortunately millions and even billions are affected by mass media. When some information that Bitcoin can be a bubble appears, people rush to get rid of it, they do not but BTC and the demand follows together with its rate. Ban of BTC in some countries is also one of these reasons.

As per study by the Economist one of the major factor that affects the price is how investors behavior in making decisions and other participants and their own intuitions, government regulations around the world have also the effect, for example how a certain country treated the tax system, and how they apply it for use.

This is really irritating that as you said some of impatient people use to behave with bitcoin they lose patience and make other people get in rush its really buff,,, government has really a great affect at bitcoin and other crypto currency because if they will make fix a tax amount then bitcoin users will have to pay so that will be great help to improve the economic life of a country so I think a government should not ban bit coining and bitcoin tax for the betterment of country and legal acceptance will rice the price of bitcoin too.