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Author Topic: The real problem of bitcoin price decline  (Read 1409 times)
toast
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June 11, 2018, 02:58:43 PM
 #181

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 .
it looks like you are one of the investors who are very confident with investing using bitcoin if all investors like you I'm sure bitcoin will get better and expand

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June 11, 2018, 03:06:06 PM
 #182

I think a lot of negative news from countries that do not really like the presence of crypto currency is causing the decline in prices, in case of panic so many coins are sold by investors to avoid greater losses.
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June 11, 2018, 03:21:15 PM
 #183

most of the selling imo is not bad news/panic selling, its forced selling so as to pay taxes (the price of the regulation embrace) and cover lost income from welfare asset assessments, both of these are caused by governments ...  people dont want to sell their btc but they have no choice, they need fiat to live, and governments know this, capital gains tax is the biggest enemy of bitcoins future success, just go check out how few countries in the world do not tax capital gains, and you will understand one of the underlying reasons for this bear market we are presently in, lower prices will get more investors in, sure, but down the track they will need fiat/to pay cg tax with fiat, so they will exacerbate the selling of bitcoin 
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June 11, 2018, 03:48:58 PM
 #184

Yes, indeed someone who can not wait to follow the wrong trend. Really you say, most people follow others without analyzing the market conditions. They follow a trend that does not know the truth then they panic to sell their bitcoin. This is what makes supply and demand for crypto currency is not balanced so the price is very volatile. I strongly advise to be patient in doing business in crypto currency and not be reckless in following trends. Better monitor the market and do the analysis so that it can take the right decision. If the market has been damaged then all feel loss.

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June 12, 2018, 02:49:42 AM
 #185

The main reason of bitcoin price decline is that whales who playing with bitcoin and sucking small fishes
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June 12, 2018, 02:56:36 AM
 #186

I think a lot of negative news from countries that do not really like the presence of crypto currency is causing the decline in prices, in case of panic so many coins are sold by investors to avoid greater losses.
all this time I know that too, bad news received bitcoin will certainly be bad for the reduction of bitcoin prices. there is clearly no other reason why investors are in a hurry to save their property. because that determines the bitcoin price is the market itself, when many investors sell their bitcoins but no one buys or the very low buying interest that keeps the bitcoin price down.
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June 12, 2018, 03:02:31 AM
 #187

Good news, bad news is part of market. We can't do anything for how people react on it. It's not effect more with individual sale. But when a organization going for sale. It affects more. Investment should for long time. Then you will not hurt with daily up and down.
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June 12, 2018, 03:06:46 AM
 #188

The genuine issue of bitcoin value decay is that a greater amount of half of cryptographic money network are a large portion of them oblivious and apathetic individuals , they simply take after bits of gossip , they never get news from confided in source , never do research and this what make this frenzy Deals available and this bleeding shower that you see right now , they caught wind of awful news from India so they begin offering and never endeavor to comprehend what was the news and what is extremely going on , and did this effects on bitcoin or not , I am tired and tired of those sort of individuals. On the off chance that you don't have faith in bitcoin simply leave , we needn't bother with you in our locale .
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June 12, 2018, 03:07:17 AM
 #189

half of the people here are like that, they just believe in the rumors and the fake news without doing some research as well, so they think that the news in the internet is 100% legit, and of course if there is bad news in the public they will sell their bitcoin or another coin as soon as possible. I think before to do that they should make a research first

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June 12, 2018, 03:27:43 AM
 #190

Well in my opinion , the real problem of bitcoin prices decline is the bad news .the market makers get the dumping started and as price falls other traders join in with stop loss.
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June 12, 2018, 03:30:39 AM
 #191

The reduction of bitcoin has caused many consequences. The first is the influence on altcoin. As bitcoin prices decrease, most altcoin prices are down. That affects the finances of many investors. Secondly, when the price of bitcoin fell, it affected the psychology of many people including myself
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June 12, 2018, 03:50:34 AM
 #192

The reduction of bitcoin has caused many consequences. The first is the influence on altcoin. As bitcoin prices decrease, most altcoin prices are down. That affects the finances of many investors. Secondly, when the price of bitcoin fell, it affected the psychology of many people including myself

Yes agree and aside from that there are still many people doing negative speculation about bitcoin that influence some investor to sell their crypto investment into low price and discourage new investors to invest.
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June 12, 2018, 03:56:26 AM
 #193

bear in mind also, that any bad news for miners should be welcomed

the harder it is made for miners the less btc will be mined, which is the best thing for btc imo

supply and demand, investors (in the price of btc) want supply restricted

apple announcing that mining is to be banned on all its platforms has resulted in a price rebound for btc

so, we should welcome these developments

if the miners dont like it, too bad Smiley

https://au.investing.com/news/cryptocurrency-news/bitcoin-rebounds-apple-bans-cryptocurrency-mining-on-all-devices-1165666
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June 12, 2018, 04:09:01 AM
 #194

I strongly agree and the decline in bitcoin prices is bad news and affects the psychology including many people including myself.
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June 12, 2018, 04:55:21 AM
 #195

of course the big issue of the current decline in bitcoin prices so the altcoin price also follows the same decline, but for us in the next few days we believe that bitcoin prices will rise again better now.
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June 12, 2018, 04:59:54 AM
 #196

of course the big issue of the current decline in bitcoin prices so the altcoin price also follows the same decline, but for us in the next few days we believe that bitcoin prices will rise again better now.

Lol. Funny how this has been said several times over the past few weeks and instead of rising, the price drops. Good entry points become better and better as well as the price gets cheaper. I don't think any of us here would be able to tell until when this price decline will cease but don't look at it just from a single pespective and always anticipating a bull run soon because it probably would be beyond anyone's guess

 
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June 12, 2018, 06:32:48 AM
 #197

actually the main issue of bitcoin prices is due to bad news and lack of education about cryptocurrency such as bitcoin to make the investors feel scared when they want to buy bitcoin.
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June 12, 2018, 06:52:49 AM
 #198

The recent news about bitcoin is about its plunge value. Most of the headlines about bitcoins are negatives lately and it seems that it is not yet finished and it is expected that the value of it will shift unpredictably. Some financial expert's advice other investors not to fully trust bitcoin because it has fallen below $9,000 but at the same time there are some financial analysts that keep on saying that the falling value of bitcoin is a good news because it will attract other investors to invest with bitcoin and will be the reason to increase and reached $30,000 this year 2018.  They even said that in the future, it will reach $1 Million.


I think the unregulated system of bitcoin is one of the reason why until now price of bitcoin and other are still declining and this is due to some investor influence  by wrong media roports regarding negative image of cryptocurrency.
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June 12, 2018, 08:03:45 AM
 #199

bitcoin started to fall every time after a turbulent speculative growth, which is a consequence of market laws, combined with negative developments in the field of crypto currency.Do not panic and do not sell crypto currency.
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June 12, 2018, 06:07:10 PM
 #200

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 .
It is very simple. The main problem is that people who are using Crypto are easily swayed away by the news of Market crash. They believe that the coin they invested in is not of any use. Thus, they stop buying it. They want coins like PRG, LTC which are good for  long-term and give high returns.
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