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Author Topic: What is the most influential factor that triggers bitcoin prices to fall down?  (Read 2416 times)
Keyboard PC
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September 27, 2018, 02:05:15 PM
 #341

I think that is the main influence and trigger why the price of bitcoin collapsed is the bad news that makes traders panic so the price collapses, if only the traders were not panic then the price would not collapse, these traders are still very difficult to control their emotions so it makes prices collapse like this.
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September 27, 2018, 02:32:32 PM
 #342

The main factor in the fall in the price of bitcoin, is its demand the less people it comes the less it costs, and for this created this fall.


Well it is true, but it is not really the demand since the main reason is the movement of Bitcoin in the market. The more investors sold their Bitcoin in the market, the lower the price will get. But we don't need to worry since most of the investors took this opportunity to invest again on Bitcoin. It is great to invest on Bitcoin when the price is low and investors are taking advantage of it.

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Dod Ong
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September 27, 2018, 02:56:59 PM
 #343

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?



For me the most influential factor that can affect the bitcoin price fall down is the lack of new investors of bitcoin. The bitcoin need a new investors to recover, Also I think one of the reason why the bitcoin price are falling down is because of the demand of bitcoin continuously decreasing.
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