Saigeky
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March 25, 2018, 05:16:16 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?
Price is determined by supply and demand, long term supply is relatively stable so the changes are all due to falls in demand. Short term there are a variety of reasons for the recent slump: Uncertainty over regulatory changes in South Korea and China Bitcoin futures expire (today I believe) Chinese lunar new year The last one is perhaps the one that you can draw the most on in terms of a recurring pattern. The last 4 years the market has crashed a few weeks in advance of the Chinese Lunar New Year, presumably as people look to sell crypto to fund travel and expenses, it is the single biggest holiday in the world. There are other reasons you could argue as to why the market crashes each January, other holidays like Christmas would also come in to it, as in January people are generally tight for money many may sell crypto or many may just not be in a position to buy more. Знaчит лyчшe пpoдaвaть в янвape?
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ajdaj
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March 25, 2018, 06:32:55 PM |
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The big bear market of 2014-2015 was triggered by Mt Gox going down. It was a HUGE exchange and loads of people had coins on there.
The ones who lost money lost heart in bitcoin completely and noobs were frightened off.
This time, the big risk is people taking loans to purchase bitcoin. If you have purchased with cash, you can hold and wait for a market correction. But those who borrow tend to make forced sales, and a lot of forced sales can tank the market.
But why should we provoke market price attacks? If there is no such need to sell the crypto currency, then it is better to store it on your purses. By this we can help not only the market, But also those projects that raise these coins.
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valentinen39
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March 25, 2018, 06:40:29 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?
In my own opinion, news and articles that are related to bitcoin are dealing a huge impact on the market because if people are going to read fake news or saw any black propaganda then it can change their mind set and will make them sell their coins or hold it for longer.
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richjohn
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March 25, 2018, 07:08:56 PM |
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Apart from the whales manipulating the market, I feel any negative news regarding the market ends up taking a big hit on the price of BTC. Over the last few months, we all have only seen the price of BTC falling and rarely it has gone beyond the 10k$ mark. Everything was looking good until the news of Binance hack and Mt Gox selling BTC worth 400 mn$ came out. When market had just recovered from that shock, then came the news of Google banning a few cryptocurrency ads and G20. The market did improve slightly after that, but I don't see it reaching the 14k$ mark anytime soon. So, along with the whales, the media also plays a key role in triggering the downfall of the market.
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kimochidesh
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March 25, 2018, 10:28:12 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?
Price fall from Jan to Feb is just a guess made on price prediction on the basis of technical analysis and past trend.
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bitchubitchu
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March 25, 2018, 10:34:29 PM |
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In my own opinion it's like the negative news that is coming out everywhere is one of the factor that trigger bit coin to fall down and causes the investors to quit from investing because they don't like to loose their money if ever that news is true or some are thinking twice to place their money in bitcoin because of threats in the markets,I don't know very well the cause of fall down and this is only my view in that.
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JMD07
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March 25, 2018, 10:50:26 PM |
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i guess the most thing factor that triggers bitcoin price is bad news , people are too panic after hear about bitcoin bad news and didnt do research for that 1st that make the price down
Yeah I agree on your statement, spreading bad news around the crypto community will create panic on the weak hand investors. So, the big initiators here are came from the media that echoed to the community plus to add some whales that are waiting for the right opportunity to dumps their coins for a possible good profits. Although during downfall it's our chance also to buy at lower price.
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criz2fer
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March 25, 2018, 11:30:07 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?
In my own opinion, news and articles that are related to bitcoin are dealing a huge impact on the market because if people are going to read fake news or saw any black propaganda then it can change their mind set and will make them sell their coins or hold it for longer. Like investors that dont have knowledge on bitcoin. They only know is to invest invest and invest. They are only reading headlines which they dont really understand the content of the new. Then a huge drop will come because of this articles that are not true.
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slashz9
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March 25, 2018, 11:34:51 PM |
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I think that has happened since a few years ago the price will always go down at the beginning of the year, then up and down until the middle of the year, which makes the price down to so far in my opinion because of panic sell. from mid-year to rise again to its peak at the end of the year.
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slashz9
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March 25, 2018, 11:37:43 PM |
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I do not think you need to worry if you invest in bitcoin, because the price will go up at the end of the year, you just have to wait. Unlike trading they are always ready for market conditions, they always look for opportunities when the market goes up or down.
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criz2fer
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April 01, 2018, 08:51:55 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?
Obviously, those users have a great amount of shares that makes the value of bitcoin crash suddenly after they cash out their great amount of profit and in some point those users have so small amount are so affected so much. Well, as we all know bitcoin and other crypto currency are volatile which we need to aware in that. We must take the risk every time we try to invest and we have nothing to do on that but to aware and hoping to increase tremendously. This sell off also have a great factor. We all know this kind of market that is very volatile, we should know when we exit our investments.
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Zadicar
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DGbet.fun - Crypto Sportsbook
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April 01, 2018, 09:11:48 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?
NEWS is one of the biggest factors that affect bitcoin price in the market, especially when it comes to well-known people in cryptocurrency world. another factor of this are those exchange and country whos turning bitcoin down, but ass bitcoin fall many people want to jump in on t\its dip that makes the coin price go up or even stop the fall of this bitcoin. We are just so lucky that bitcoin already build its foundation to the people all around the world and got so many supporters. Regulation, Banning and Pure Fuds would really affect the entire market which can be considered as the main factors why prices are way too volatile but same as you said bitcoin cant really go dip or easily died due its already being distributed into lots of investors which price manipulation cant really be easily done unlike on traditional local fiat currencies where there would be always a manipulation.As an investor instead on worrying or panic you should got used to it with those movements and we should seek out the best position for us to make profits.
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BUK2016
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April 01, 2018, 09:42:40 PM |
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The forces of demand and supply is one of the major factors that trigger the current decline of the market. Some of the major factors that could lead to the high supply over demand are Wale selling out their holding, FUD, government ban and regulation policy.
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EnricoGomez
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April 02, 2018, 06:20:07 AM |
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The most influential factor that triggers the value of bitcoin to rise and fall is the demand and supply - how people use and expend money with their needs and wants. Also, with the regulations and laws passed by respective countries.
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ezajavo
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April 02, 2018, 02:36:02 PM |
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The most influential factor which causes Bitcoin to go down is other people selling Bitcoin. The media can also influence the bitcoin price significantly. Media hype can easily lead to an increase in the price, while negative news can lead to a decline in the price. For instance, news about bankruptcy or hacks on bitcoin-related websites and services can cause panic and disruption among bitcoin users. Negative news about government involvement and regulations as well as news on the use of bitcoins in illegal dealings such as drug transactions and money laundering tends to have the same impact on the bitcoin price.
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Dyatrev
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April 02, 2018, 02:42:40 PM |
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The biggest reason why the price of bitcoin falls is the speculations and people can not trust because of their losses . Most of the newcomers think that it may fall even further.
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fulmetal08larz
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April 02, 2018, 05:20:20 PM |
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I think the most influential factor that affects bitcoin price is the people who have different belief and understanding with bitcoin. Others believe that it will make them unbelievably rich by just having BTC and not have strategies and goals. Some people believe that the whales and those who bought BTC before it hits $1k price are manipulating the market movement. There are also people who believes that this downfall is necessary for BTC to be adapted globally by bigger corporations which could trigger another bull run in the next coming months.
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vinz7229
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April 22, 2018, 01:48:42 PM |
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The forces of demand and supply is one of the major factors that trigger the current decline of the market. Some of the major factors that could lead to the high supply over demand are Wale selling out their holding, FUD, government ban and regulation policy.
That true! that's the number one factor that affect the market cap. If there's a lot of user who are selling simultaneously then the bitcoin price would crash or fall down because it increase the supply of Bitcoin.
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lastnumber
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May 10, 2018, 08:31:28 AM |
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Bitcoin is trying very hard to remain around $ 9,500. However, in the last few days, Bitcoin has fallen as it attempts to reach $ 10,000. Stubbornly subjective comments by some high-profile investors have affected the growth of Bitcoin. But that only affects the growth of Bitcoin and not Bitcoin in terms of value.
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BitcoinMarketer39
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May 10, 2018, 08:33:45 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?
In my own opinion, the fake news that are being created by different people about cryptocurrency is affecting the investors to sell their coins immediately, in this way the price is keep on dumping plus the traders who are not well knowledgeable about the market.
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