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Author Topic: Why bitcoin is decreasing??  (Read 468 times)
Kean1998 (OP)
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February 05, 2018, 08:07:32 AM
 #1

Why Bitcoin is decreasing?? I think bitcoin now are decreasing its because of this coming Chinese new year this February 16 and in that time bitcoin will mooning again .. That's why , its better to hodl it now and buy more bitcoin now while its in a low price cause it will pump after Chinese new year. 😇😇

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February 05, 2018, 09:02:21 AM
 #2

Why Bitcoin is decreasing?? I think bitcoin now are decreasing its because of this coming Chinese new year this February 16 and in that time bitcoin will mooning again .. That's why , its better to hodl it now and buy more bitcoin now while its in a low price cause it will pump after Chinese new year. 😇😇
That might be one of the factors chinese are one of the most biggest holder of bitcoin,they might cashout of their holiday but as i see from the past few weeks FUDs are the major reason why bitcoin's price has dropped exponentially,INDIA and KOREA fud triggered most of the investors to do panic selling while the facebook restriction on ICO ads has also some part of the downfall recently.

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February 05, 2018, 09:12:01 AM
 #3

Why Bitcoin is decreasing?? I think bitcoin now are decreasing its because of this coming Chinese new year this February 16 and in that time bitcoin will mooning again .. That's why , its better to hodl it now and buy more bitcoin now while its in a low price cause it will pump after Chinese new year. 😇😇
that's a fundamental reason why bitcoin currently declines nearly 50% from the normal price a few months ago. these factors make bitcoin prices fall, but predicted in March when after passing the Chinese new year the price will return to normal and high again.

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February 05, 2018, 09:39:52 AM
 #4

Why Bitcoin is decreasing?? I think bitcoin now are decreasing its because of this coming Chinese new year this February 16 and in that time bitcoin will mooning again .. That's why , its better to hodl it now and buy more bitcoin now while its in a low price cause it will pump after Chinese new year. 😇😇
Chinese are cashing out probably its like what happened before last new year,people needs money and chinese people are most of the biggest holders of bitcoins thats why,another thing is FUD,there are some FUDs last week that might tirgger most of these panic sellers to sell their bitcoins which worsen the situation in the market.
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February 05, 2018, 11:11:36 AM
 #5

Banning that buying BTC with credit cards from bank may also have affected. Positive news comes and I think that the price will recover. I hope it's will be soon

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February 05, 2018, 11:19:35 AM
 #6

Why Bitcoin is decreasing?? I think bitcoin now are decreasing its because of this coming Chinese new year this February 16 and in that time bitcoin will mooning again .. That's why , its better to hodl it now and buy more bitcoin now while its in a low price cause it will pump after Chinese new year. 😇😇
There a lot of reasons why bitcoin is decreasing. There so many media news that is negative that affect bitcoin's price. Facebook ban bitcoin and cryptocurrency advertisement is one. The very recent is that many banks in America are halting purchaces of cryptocurrency using credit cards. But i think bitcoin will bounce back strong after this turmoil.
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February 05, 2018, 11:35:55 AM
 #7

Whales are now trying to push the market down even more.
It seems to me that the manipulators have a scheme-one bad news per day. Let's see what news will appear tomorrow!!
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February 05, 2018, 11:44:39 AM
 #8

Recently, so many bad news came that resulted in the decline in value of bitcoin. The south korea government ban then india president misinterpreted announcement which are both proven not true. Facebook ban crypto ads then the credit card purchase of crypto not allowed in the US. These negative news day after day are designed by the whales so they can buy bitcoin at a very low price.

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February 05, 2018, 11:47:15 AM
 #9

I do not know the exact reasons why Bitcoin falls. But I'm so interested in why it will grow after the Chinese New Year?
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February 05, 2018, 11:56:31 AM
 #10

Why did not anyone ask anything when bitcoin was growing?

A lot of bad news every day.

I hope that the market will soon recover, when big players play enough.

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February 05, 2018, 11:57:15 AM
 #11

Bitcoin has now become too popular!
And many people began to study it, plus governments of different countries want to control it.
All this in the aggregate created a panic, and the markets reacted immediately.
You just have to wait and not panic)

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February 05, 2018, 12:00:35 PM
 #12

Negative news from the media and ban on purchasing crypto currencies using credit cards.

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February 05, 2018, 12:05:06 PM
 #13

I do not think Lunar New Year is the cause of bitcoin discount. The cause is probably from bad news recently. I hope that the end of February bitcoin prices will rise again.
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February 05, 2018, 12:05:40 PM
 #14

Why Bitcoin is decreasing?? I think bitcoin now are decreasing its because of this coming Chinese new year this February 16 and in that time bitcoin will mooning again .. That's why , its better to hodl it now and buy more bitcoin now while its in a low price cause it will pump after Chinese new year. 😇😇

I see several reasons. The main one is Tether possible fraud. The second one is the Facebook, Instagram, Weibo and Baidu ICO ads prohibition. The third one is the prohibition of buying crypto using credit cards from several main american banks: JPMorgan Chase, Bank of America and Citigroup.



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February 05, 2018, 12:08:15 PM
 #15

Besides all the prohibitions connected with cryptocurrency it is also connected with the fact that more and more people invest in different ICOs. so they buy tokens for btc.

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February 05, 2018, 12:14:07 PM
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Because so many people selling their bitcoins in low price. Because they afraid to sell in the lowest price.
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February 05, 2018, 12:15:50 PM
 #17

partly what I know bitcoin down due to the many negative things, if you do not want to lose it we must hold and buy at a time like this
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February 05, 2018, 12:16:13 PM
 #18

Why Bitcoin is decreasing?? I think bitcoin now are decreasing its because of this coming Chinese new year this February 16 and in that time bitcoin will mooning again .. That's why , its better to hodl it now and buy more bitcoin now while its in a low price cause it will pump after Chinese new year. 😇😇

Or if anything, the Chinese will cash out during their new year and it will just decrease even more ...
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February 05, 2018, 12:28:14 PM
 #19

Panic is the main reason for decreasing the price of Bitcoin. Panic orchestrated by some of the big players thru some fake news.

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February 05, 2018, 12:32:30 PM
 #20

The reason for the fall is a great uncle want to buy some cheap BTC . Well, and it is argued all the Chinese new year and various settlement thinking about it all right
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