rhamdy
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March 17, 2018, 07:30:27 AM |
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Bitcoin has fallen by more than 56 percent since the turn of the year, after peaking at nearly $20,000 in December 2017.
CoinMarketCap price charts show that bitcoin has been falling for weeks, though this latest crash has been blamed on mounting confusion surrounding the Indian Government’s stance on cryptocurrencies.
I am also confused as to why the price of Bitcoin could fall so far. And the end of 2017 Bitcoin prices really is at its peak. And I think early in 2018 the price of Bitcoin will go up even higher but my prediction is very wrong.
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Jaemouns
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March 17, 2018, 07:33:31 AM |
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It is falling because some people have been spreading news they perfectly knew were false in a purpose to make price go down to buy back and make money. It is how it all works.
Well said bro, they tells negative about bitcoin thats why bitcoin is falling down. Hoping that is just a normal for btc to go low then go high as pulse.
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daoquanghuan
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March 17, 2018, 07:38:55 AM |
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At present bitcoin prices are declining and may fall further due to bad news. I think the next few months the market will rise again
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prosokeslo
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March 17, 2018, 07:57:04 AM |
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Bitcoin is falling because a market simply cannot stay high all the time. There are drops, crashes, dips. This is actually how smart investors make the most money. If bitcoin stayed at a steady price, you wouldn't make any money
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RudeeTam
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March 17, 2018, 08:01:26 AM |
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People lose interest in bitcoin and might be moving to another coin or just not buying altogether. It's just the time of the week or month and is pretty natural. Somehow, bitcoin will rise back as it has always done.
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Naitik
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March 17, 2018, 08:03:25 AM |
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This may be only due to different regulation applied by different governments. People are scared about it's future existence. that's why its price is down right now. but it will no longer down. soon it will reach the price that is unexpected by everyone.
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joshua05
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March 17, 2018, 08:10:33 AM |
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it isnt falling. many and all the other news have already tackled about its fall years ago, but it still continue to grow and earn more. More likely, its just sleeping.
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ogini
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March 17, 2018, 08:13:30 AM |
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Seems some whales were making fun of the market,it will soon be up,i guest by now whales should be do with there heavy sales
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chickenfried12
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March 17, 2018, 08:17:05 AM |
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With the general trend of decline in the bitcoin continues to come with news, as well as altcoins into the trend of declining and leave the altcoins there leaving itself I do not like it maybe in 1 -2 month later will be great of market volume and price
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And2816
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March 17, 2018, 08:20:16 AM |
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Чeм бoльшe чeлoвeк бyдyт пoльзoвaтьcя биткoинoм-тeм бoльшe oн бyдeт cтoить-этo мoё мнeниe.
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Nowherman
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March 17, 2018, 10:23:17 AM |
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The drop of bitcoin is caused by a lot of factors. This are sale of MTGox bitcoins more than $ 400 million, threatening statements of the US Fed and leaders of the G-20, Korean crypto exchanges checking. These circumstances lead to a drop in confidence in bitcoins from small investors who withdraw their funds.
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frank2018
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March 17, 2018, 10:43:52 AM |
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Bitcoin is continuously going down mainly because of the initiation of new cryptocurrencies. I think most of the investors have chose to withdraw their stakes in bitcoin and invest it to other cryptos.
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boddy.dy
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March 17, 2018, 10:50:49 AM |
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I think this is not true, bitcoin itself is not falling at all. If you think that bitcoin is falling now maybe you should think again if you really know what you are doing right now. Because if you know what you are doing surely never in your mind that will come that bitcoin is falling. Well we can say that its value is facluating due to buy and sell of the bitcoin holders. But please always bare in mind that this is the true nature of bitcoin. Surely if no one will buy and sell thier bitcoin this will slowly die. So just relax and keep calm everything is in line, we are still in the right path.
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think3214
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March 17, 2018, 11:02:46 AM |
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The drop of bitcoin is caused by a lot of factors. This are sale of MTGox bitcoins more than $ 400 million, threatening statements of the US Fed and leaders of the G-20, Korean crypto exchanges checking. These circumstances lead to a drop in confidence in bitcoins from small investors who withdraw their funds.
In addition to the reasons you said, Bitcoin dropped due to Google's decision to stop advertising Crypto in June 2018. This is the main reason for the fall in Bitcoin prices, investors think Bitcoin will not be widely spread. when not supported by google. Bitcoin will become a bubble. So everyone sold Bitcoin, which made Bitcoin prices drop sharply.
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darina yurgova
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March 17, 2018, 07:23:48 PM |
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It is better to invest in projects that have just opened recently because the project does not last long.
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Sum24
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March 18, 2018, 11:36:10 AM |
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Bitcoin has fallen by more than 56 percent since the turn of the year, after peaking at nearly $20,000 in December 2017.
CoinMarketCap price charts show that bitcoin has been falling for weeks, though this latest crash has been blamed on mounting confusion surrounding the Indian Government’s stance on cryptocurrencies.
Well i think its because the issues that spreading across the internet today, do you ever heard about the crypto ads banning and which means a lot of traders or holders of bitcoin is panicking and by the fake news it surely can effect not just bitcoin but the marketplace. And it can result to bitcoin to decrease or to fall. It is the most worst act people use to do and trust me people do it to decrease the price of bitcoin intentionally so that they will be able to trade with bitcoin at very high level. Bitcoin is the best thing that all investors can have today as much as it is low in price, so no need to listen these fake news, do not panic your bitcoin because if you will hold your bitcoin it will increase high and it will give you profit then at some stage you will be proud for your decision for not panicking but holding it.
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sollahp
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March 18, 2018, 11:42:57 AM |
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Bitcoin has fallen by more than 56 percent since the turn of the year, after peaking at nearly $20,000 in December 2017.
CoinMarketCap price charts show that bitcoin has been falling for weeks, though this latest crash has been blamed on mounting confusion surrounding the Indian Government’s stance on cryptocurrencies.
Well i think its because the issues that spreading across the internet today, do you ever heard about the crypto ads banning and which means a lot of traders or holders of bitcoin is panicking and by the fake news it surely can effect not just bitcoin but the marketplace. And it can result to bitcoin to decrease or to fall. It is the most worst act people use to do and trust me people do it to decrease the price of bitcoin intentionally so that they will be able to trade with bitcoin at very high level. Bitcoin is the best thing that all investors can have today as much as it is low in price, so no need to listen these fake news, do not panic your bitcoin because if you will hold your bitcoin it will increase high and it will give you profit then at some stage you will be proud for your decision for not panicking but holding it. Why not just crash it? Saying it's 'too weak'? Clearly, GOOGLE and about 90% of the key players are pushing to not allow it as a form of currency. The key players want it to fail so they can launch their own block chain. I don't believe that it will suddenly go up, unless the banks own it or have a piece of it. By that time, they will all want their own. This is excellent, all these pussy short term investors crying when BTC is below 8k, sorry you bought at ATHs, and you all of sudden think itll get killed off by the system it's seeking to replace. Why did you make your purchase in the first place? The short sightedness of people in general is depressing, but the lower they sink the more I buy. I think its funny people will buy bitcoin when it is at an all time high but when its low they say bitcoin is a scam. Lol If your going to go in then stay committed. So the lower the price the better. Buy more, But never invest more than you are willing to lose.
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Fazal
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March 22, 2018, 05:43:14 AM |
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One of the reasons that cause the downfall of cryptocurrency like Bitcoin is the recent hacking of the Binance stock exchange. I read the on this site.
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Shubhamjuneja24
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March 22, 2018, 06:08:57 AM |
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Maybe, the regulators could have the biggest impact on Bitcoin and CC prices as multiple countries have either implemented some regulations or have discussed plans to limit them.
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rhayot
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March 22, 2018, 06:11:20 AM |
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First of all, no one knows what is or what are the reasons behind the falling of bitcoin price. But, with the some experts predictions it may be caused by the owners of bitcoin who sells their bitcoin in a low price because they are afraid to lose it, can be also in the supply of the bitcoin, so that the low the supply the higher of price will it be. It can be also the social media banning for crypto currencies, because we all know social media has a strong power of advertisement which is utilize now and easily to spread a news or ad. Perhaps, it is also the banning of some countries to regulate bitcoin nor crypto currencies.
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