The real problem of bitcoin price decline

[ahmad21]

The real problem of bitcoin price decline is that more of 50% of cryptocurrency community are most of them ignorant and lazy people , they just follow rumors , they never get news from trusted source , never do research and this what create this panic Sales on the market and this bloody bath that you see right now , they heard about bad news from India so they start selling and never try to understand what was the news and  what is really going on , and did this affects on bitcoin or not , I am sick and tired of those kind of people .
If you don't believe in bitcoin just walk away , we don't need you in our community .

In Simple terms its the FUD and FOMO which is the real reason behind the price decline but if you really see these kind of people are present in almost every market. These people who have no proper knowledge of market just trade on the base of news and information in the market. Moreover most of the news and information that they posses is just rumors and fake uncertainties which is manipulated by whales so this is the real problem.

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[eduvacation.net]

The real problem of bitcoin price decline is that more of 50% of cryptocurrency community are most of them ignorant and lazy people , they just follow rumors , they never get news from trusted source , never do research and this what create this panic Sales on the market and this bloody bath that you see right now , they heard about bad news from India so they start selling and never try to understand what was the news and  what is really going on , and did this affects on bitcoin or not , I am sick and tired of those kind of people .
If you don't believe in bitcoin just walk away , we don't need you in our community .

We can not blame those who panic selling for hearing negative news in some countries. If you decide to join this bitcoin community then you should be prepared for any risks to be received such as a drastic price reduction because the price of a real crypto is controlled by its holders.

[bryson]

Honestly I think the real problem was the insanely high amount of investors during 2017. Before this the price of bitcoin was steadily rising and then the price spike hit and the demand went through the roof. Now the price of bitcoin is overvalued compared to what it would have grown to when tracing the trendline from before this. Honestly, the bubble has burst and the price is now slowly correcting.

[nguyenkhanhhung14]

The main reason for BTC decline is FUD. I think that some whale who want to down the rate of cryptocurrencies market will post fake negative news about Bitcoin, for a wrong purpose to make BTC rate drop. This makes investors disturb and create panic sell to cut losses. And when the rate of Bitcoin down to below 10k, the whale will buy the colossal amount of BTC and hold to the exchange of Bitcoin recover and rise at the later time ))

[GardenChristian]

The real problem of bitcoin price decline is that more of 50% of cryptocurrency community are most of them ignorant and lazy people , they just follow rumors , they never get news from trusted source , never do research and this what create this panic Sales on the market and this bloody bath that you see right now , they heard about bad news from India so they start selling and never try to understand what was the news and  what is really going on , and did this affects on bitcoin or not , I am sick and tired of those kind of people .
If you don't believe in bitcoin just walk away , we don't need you in our community .

I think you're right. The bad news about bitcoin is not the main reason for the decline. I think it was when people saw the bad news of bitcoin that caused panic, and many people chose to sell it.

[godrey123]

The real problem of bitcoin price decline is that more of 50% of cryptocurrency community are most of them ignorant and lazy people , they just follow rumors , they never get news from trusted source , never do research and this what create this panic Sales on the market and this bloody bath that you see right now , they heard about bad news from India so they start selling and never try to understand what was the news and  what is really going on , and did this affects on bitcoin or not , I am sick and tired of those kind of people .
If you don't believe in bitcoin just walk away , we don't need you in our community .

I do agree with your statement, due to many fake news and false statements, many of the investors dump there coins to cut losses. But as you can see bitcoin is still holding on! its price is still going up to $10000, and if you see the market many are still buying it. I think soon bitcoin will be able to recover and once again dominate the world of monetary system.

[shezu007]

Truly I think the genuine issue was the madly high measure of financial specialists amid 2017. Before this the cost of bitcoin was consistently rising and afterward the value spike hit and the request experienced the rooftop. Presently the cost of bitcoin is exaggerated contrasted with what it would have developed to when following the trendline from before this. Truly, the air pocket has blasted and the cost is currently gradually rectifying.

[ronaldo 1994]

In my opinion, it is the formula that nearly every kind of market applies, why reduce it, it reduces to attract more volume of input, attract more capital to push the coin up.

[deddod]

The real problem of bitcoin price decline is that more of 50% of cryptocurrency community are most of them ignorant and lazy people , they just follow rumors , they never get news from trusted source , never do research and this what create this panic Sales on the market and this bloody bath that you see right now , they heard about bad news from India so they start selling and never try to understand what was the news and  what is really going on , and did this affects on bitcoin or not , I am sick and tired of those kind of people .
If you don't believe in bitcoin just walk away , we don't need you in our community .

  I agree with you. your opinion is true that many people have invested they money in Bitcoin and they haven't known more about Bitcoin and cryptocurrency,  when there a bad news about Bitcoin they will panic and sell all Bitcoin they have.
So Don't invest your money in Bitcoin if you haven't knowledge about Bitcoin.

[Just John]

When the market crashes and dips, people get scared, they panic and they start selling which in turn just causes the price to go further down. Lack of good information and the spread of FUDs contributes greatly to the price of bitcoin dropping.

[KeithBeeCham]

The main reason for the fall in Bitcoin prices is due to investors worried about Bitcoin's future, fearing the exchange rate will fall and they will suffer losses. Most are influenced by negative news or cryptocurrencies celebrities ). Most essential to invest in Bitcoin is the long term if you regularly notice the negative news about Bitcoin will quickly lead to psychology FOMO and panic sell.

[mattmct]

Truly i believe the real issue was the madly high live of monetary specialists amid 2017. Before this the value of bitcoin was systematically rising and later on the worth spike hit and also the request experienced the top. Presently the value of bitcoin is exaggerated contrasted with what it might have developed to once following the trendline from before this. Truly, the pocket has blasted and also the price is presently bit by bit rectifying.

[Cofuchu]

I think that all this is more based on a policy. Because everyone wants to make money on it, that's why it lowers the price at the expense of some world or cryptocurrency news.

[ostrovagaly]

In China, everyone sells bitcoin because of the situation and we can not blame them, people sell at least to return some kind of penny.

[slyfox]

The real problem of bitcoin price decline is that more of 50% of cryptocurrency community are most of them ignorant and lazy people , they just follow rumors , they never get news from trusted source , never do research and this what create this panic Sales on the market and this bloody bath that you see right now , they heard about bad news from India so they start selling and never try to understand what was the news and  what is really going on , and did this affects on bitcoin or not , I am sick and tired of those kind of people .
If you don't believe in bitcoin just walk away , we don't need you in our community .

Just a question, do you think that this is different in any other market? The same happens in other the markets if you think that the stock market is any different you will be mistaken, the people trading there may have college degrees and stuff like that but still they made the same mistakes that you see people doing here in cryptocurrencies, so the only thing you can do is to get used to it.

[chidrawarster]

I see it as a market cycle coming back to pick up buyers and also give room to sellers.Also, it may be big investors dumping their btc ,this would be the main reason for btc decline.I also see many people are negative about crypto world and they are not aware how this market works and the benefits as well.What we need to do is to educate such people and make them believe the crypto world for not letting stability down.

[electronicash]

there is a threat which is why even the slightest news can take the price down to the underworld. if dumping helped them getting more coins in the next pump, they will sell. its the reality in this business. even if there is good news today, it will be ignored now that people are suffering from loss. a tiny movement of price up can give them the opportunity to sell.

[tai9x]

Exchange market is changing

[logicgate]

I see it as a market cycle coming back to pick up buyers and also give room to sellers.Also, it may be big investors dumping their btc ,this would be the main reason for btc decline.I also see many people are negative about crypto world and they are not aware how this market works and the benefits as well.What we need to do is to educate such people and make them believe the crypto world for not letting stability down.

To be a successful businessman, one needs to be sharp minded. In other words, rationality counts a lot. Possessing complete information about the crypto market can really helps one invest and stay in the market. Many in the crypto market lack this very important ability which spread pessimism. Few lunatics and lazy might be the possible victims of the rumors and incomplete information. This thing leads to low investment as a result of which the price of the coin declines.

[7788bitcoin]

The real problem of bitcoin price decline is that more of 50% of cryptocurrency community are most of them ignorant and lazy people , they just follow rumors , they never get news from trusted source , never do research and this what create this panic Sales on the market and this bloody bath that you see right now.

The price decline is not at all an issue here, the price decline is more welcomed by all the investors who wanted to invest at this opportunity and this is the reason most of the traders like to make use of this market situation and make the best profit out of it, as a trader you need to understand the market and trade and you will end up in a profit, if not for the panic sell off how can i get back in the market once again.