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Author Topic: What is the most influential factor that triggers bitcoin prices to fall down?  (Read 2415 times)
mackenzie5
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June 02, 2018, 02:26:48 AM
 #241

The fact that Bitcoin price is influenced by some several factors the Bitcoin is determined by the term mining and this forms the supply part.. The demand part is based on the awareness and popularity when the demand is high and the supply is low the price will hike since there is a limited supply of Bitcoin that is the supply is only 21 million bitcoins so when the demand is high the price will increase .Fright of government regulations affect the price decrease in Bitcoin anyhow Japan has accepted Bitcoin and they have recognized cryptocurrency as a legal payment from 2017 this also helps to increase the price of Bitcoin .
adamlillian
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June 02, 2018, 02:36:10 AM
 #242

In my opinion, Bitcoin prices are always affected by FUDs. Although the price is going down dramatically, I still believe the actual value of Bitcoin will be at 12k $ per coin. Because it brings a lot of benefits to humans. Wink

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June 02, 2018, 08:26:22 AM
 #243

I think the bitcoin price is hard to predict by anyone because the factors that can make the exchange rate decrease can not be separated from the emergence of a bad issue that never subsided to the world of cryptocurrency so as to cause panic from traders to sell the asset.

winterland
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June 06, 2018, 10:36:45 PM
 #244

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.

I think with low supply and high demand means price increases, but if supply is more than demand then it triggers the price to fall. And I think the bitcoin value is based on market supply and demand


I believe so, yes. Bitcoin's prices can really be affected by the number of supply and the number of people that wants to use it or hold on to it. But this certainly doesn't mean that the price of it relies on that alone. Clearly, economical issues also affect the prices of not just bitcoins but every coin out there also.
It is very clear that as time passes and the economies of the world get weaker bitcoin will get stronger, in my opinion this is going to be the main reason of why bitcoin is going to grow, governments will be unable to keep the current economic system going, we have seen this happening in the past where the economic system needed to be changed because it was not working anymore.
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June 06, 2018, 10:53:39 PM
 #245

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?

But what I remember is, in the year 2017 in January to February I feel trading is so easy, as a day trader, I can generate profit every day. I don't know what really happened this year. it's almost 5 months bitcoin is getting down and unstable. all outside of prediction, even difficult to break above $8500  price.

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YTBitcoin
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June 06, 2018, 11:52:07 PM
 #246

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?

But what I remember is, in the year 2017 in January to February I feel trading is so easy, as a day trader, I can generate profit every day. I don't know what really happened this year. it's almost 5 months bitcoin is getting down and unstable. all outside of prediction, even difficult to break above $8500  price.
It was because of the attack from different countries because of which people are still worry that the price will drop again but now these attacks are no more on bitcoin and bitcoin is secure I hope people will soon learn about this and they will start to invest in bitcoin again.
lekegami
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June 07, 2018, 05:11:36 PM
 #247

Bitcoin fluctuations are really determined by supply and demand in the market. If many people buy Bitcoin in large quantities, of course the price will rise sharply. In contrast, the value of Bitcoin may decline if many of its owners sell in large quantities.
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June 07, 2018, 06:05:41 PM
 #248

Because there are many negatives news about bitcoin and it's start fear to the investors, So the outcome they sold their bitcoin and it follows by the other so the fall of price continue but I believe bitcoin will bounce back again and for sure it became profitable again soon, So we need to used this chance to buy more and hold.
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June 07, 2018, 06:18:27 PM
 #249

The theme is still December, so the factors that reduced the price in January and February are not relevant now. Now there is very little volatility, which implies either growth or price reduction. If you analyze technical analysis, we can assume that the candle will go up. And on the influence today-I believe in this situation, nothing affects bitcoin negatively. Only the growth which has been already supported by the news is very positive.

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June 07, 2018, 07:35:30 PM
 #250

There so many reason that bitcoin prices fall dawn and I guess that one of those reason is bitcoin is depending on the economic crisis it turn goes up and down based on the market demand that we encounter nowadays, bitcoin is so volatile and i guess that other investor are not aware about the fluctuation is normally happened especially in this type of business. We have to openly face this kind of situation that we encounter.




I think what caused the values ​​to go down. The last few days, the price is lower than last year's value. Last year, I'm sure, for the first few months, the price was also low. Are bitcoin prices down every January to February? Does it have a logical association?
Bitcoin is very unstable. It goes up and down in no time.
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June 08, 2018, 03:01:43 AM
 #251

FUD, and governments regulations. Ironic isn't it. Cryptocurrencies where is nature is being decentralized and created to remove middlemen.  Have to be affected by those. A single of news or a big FUD could trigger the panic within the community.
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June 08, 2018, 03:29:34 AM
 #252

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?
Of course, the price of the crypto currency is determined by the demand and supply to it. However, the supply and demand is strongly influenced by negative or positive information about the crypto currency. This information comes mainly from the media, but can come from other sources and even unverified rumors. It was negative information, including false information, that had a significant impact on the current drop in the price of bitcoin to another crypto currency.
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June 08, 2018, 04:02:48 AM
 #253

Like in stocks, they execute new projects and protocols to their shares so the prices drop considerably for the first quarter. In crypto currency itnis still true but the biggest factor in the volatility is the supply. The supply of BTC available makes the price drop. The more the supply the lower the price. Lesson here? Hold

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June 08, 2018, 04:10:11 AM
 #254

bitcoin prices, anytime can rise and fall it is caused by many factors. the most important is the demand and supply of bitcoin in the market. and also because of global economic factors or price manipulation by a group of people with the aim of obtaining bitcoins at low prices. and many more factors that affect whenever the price can change.

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June 08, 2018, 04:10:30 AM
 #255

FUD, and governments regulations. Ironic isn't it. Cryptocurrencies where is nature is being decentralized and created to remove middlemen.  Have to be affected by those. A single of news or a big FUD could trigger the panic within the community.

As much as it is ironic that what we aim is to get out of the control of the government, we cannot deny the fact that they can still do something to make people believe that crypto is not the way and it may just be a fad that would be worthless someday but then seeing the progress, I think they would eventually give in to it. Some of the causes that would trigger the price is FUD about banning of bitcoin and hacking of exchanges. Sometimes, it is just the profit taking of some traders when price consistently go up so its time to take profit at some key levels that's why it falls down.

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June 08, 2018, 05:37:56 AM
 #256

Lots of factors affect BTC, but most of all is correlation between offer and demand, and here I think it can easily be artificial. Big money can invade the market and affect the price, sharks or whatever you call them.
Low circulation due to holding is also not good. As we know any type of money is supposed to work.
Plus people wait BTC itself to work and do their lives better, it's not really happening now
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June 08, 2018, 06:17:04 AM
 #257

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 influential factor that can makes its price to fall down so hard is adoption and when no more people become interested bitcoin would lose its value..since there were be no more investors would invest in bitcoin..but for now these seems to be very impossible due to its undying demand that makes its value unreachable by any other coins in the coinmarket cap.
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June 08, 2018, 06:22:35 AM
 #258

I guess no one can say that really the factor that triggers the rise and fall of the bitcoins price or value. Those people who are saying something with the factors of the movement of the price or value of bitcoin are just saying their predictions and not the real reasons. I am not against to those people because they somehow have a point of view why they are saying those opinions and I do really respect those opinions. So for me I guess that the factor that triggers bitcoins price or values fall down is the lunching of different crypto currencies.  Because by this the user of bitcoin somehow diverting their investment to those new ones because we do all have the attitude of trying something new.
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June 08, 2018, 07:09:03 AM
 #259

I think one of the factor that causes bitcoin drop is the fud i guess, yes by spreading fake news investors panic they sell their assets and made th market go down.. Others are whales they manipulate the trading they can make it pump then dump?





I think is there anything to say about Bitcoin and the first 2 months of this year. They are overall low, but I do not think correlation means cause and effect. There may be reasons for low grades every year. This year could be the emergence of altcoin / government not really go into crypto.
In general, I would say it is a big sell order that triggers downward momentum. It may be that the whale is cashing, it could be an investor trying to manipulate the market, or it could be that many people withdraw from bitcoin because they hear bad news and go into FUD mode.
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June 08, 2018, 08:13:48 AM
 #260

 I believe that the events that are going on in the world can significantly affect the price of currencies along

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