Why is Bitcoin falling?

[progenic]

I think the price of bitcoin was not the real price. The price was increased consciously by some speculators. Now they will buy bitcoin at low price and raise the price again. This is the easiest and quickest way to earn money with money. I did not buy or mine bitcoins. Because it was a churning (economic term) to me.

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[mahibul49]

every year in mid january bitcoin price fall and its a trap.do not sel your bitcoin.just hold.
reward will be good.

[GeorgeFeb]

I think the price of bitcoin was not the real price. The price was increased consciously by some speculators. Now they will buy bitcoin at low price and raise the price again. This is the easiest and quickest way to earn money with money. I did not buy or mine bitcoins. Because it was a churning (economic term) to me.

Exactly, but I'm still regretting not buying the shit in 2014, would have been a millionaire already or at least would have several hundred thousands of dollars which is pretty much all I need to be really free! But I didn't unfortunately!

Let's search for another big thingy!

[Prince Malik]

I don't no why exactly why,maybe because  some contries ban bitcoin,or maybe because of the correction(btc back to her real valeur)

[progenic]

I think the price of bitcoin was not the real price. The price was increased consciously by some speculators. Now they will buy bitcoin at low price and raise the price again. This is the easiest and quickest way to earn money with money. I did not buy or mine bitcoins. Because it was a churning (economic term) to me.

Exactly, but I'm still regretting not buying the shit in 2014, would have been a millionaire already or at least would have several hundred thousands of dollars which is pretty much all I need to be really free! But I didn't unfortunately!

Let's search for another big thingy!

Let's invent a time machine 

[Zyborg]

Different news are in circulation regarding regularizing BTC under govt. net.India and China both are striving to regulate BTC to avoid use against criminal activities,some bank like Lloyds Bank stopping its customers not to purchase any cryptocurrency using credit card,In this way many people are selling BTC due to which its price is falling down.As far as i am concerned many people are still waiting to get its price down and there will be huge purchasing which will induce to shift BTC price to higher side.Right now its good time to purchase BTC.

[GeorgeFeb]

I think the price of bitcoin was not the real price. The price was increased consciously by some speculators. Now they will buy bitcoin at low price and raise the price again. This is the easiest and quickest way to earn money with money. I did not buy or mine bitcoins. Because it was a churning (economic term) to me.

Exactly, but I'm still regretting not buying the shit in 2014, would have been a millionaire already or at least would have several hundred thousands of dollars which is pretty much all I need to be really free! But I didn't unfortunately!

Let's search for another big thingy!

Let's invent a time machine 

Yeah, something like that! ☺

[Kozlov]

Multiple reasons, ponzis, mum and dad investors pulling out, poor quality advice and FUD.

I think the fact so many Altcoins are linked to BTC mean that Altcoin bloodbaths result in BTC casualties - people withdraw their coins and sack off crypto..

[supandi wiharja]

I think at the beginning of 2018 it's not just bitcoins that have significant price reductions, but i see almost all crypto is experiencing the same thing.
But i'm sure this is just a momentary phenomenon or it can be said bubble, which can break at any time.
The sharp decline in bitcoin prices caused panic for me and many people so many users who immediately sell it.
But i would rather hold the existing bitcoin, because i believe in the near future the bitcoin value will skyrocket again.

[doreraj]

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.

As for me I didn't see any fundamental reasons for it, exept that some "market makers" wanna buy it on a better price))
also this new about tether and facebook not serious to my mind.

[Indra32]

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.

probably because of the many new coins that have sprung up so btc is pressed by their presence. such as the current market price of mobile phones where the brand of mobile phones that used to be excellent high prices are now falling below the average in because new and cheaper sophisticated new phones appear in the market

[Akash1243]

As the price of bitcoins dropped after the correction people panicked and started selling their bitcoins and cashing out.Well investors will now buy bitcoins in much cheaper rates and prices will rise again.I would hold and see what happens rest of the year.Now is the best time to buy bitcoins.

[dayem708]

Honestly, I have never seen anything such. People are panicked and continuous FUD going on. My experience says the Market cap would not go under 250B.

Exactly that's it. you made a good point. i also wanna say that market wouldn't go under 250B-280B.

[dayem708]

I think the price of bitcoin was not the real price. The price was increased consciously by some speculators. Now they will buy bitcoin at low price and raise the price again. This is the easiest and quickest way to earn money with money. I did not buy or mine bitcoins. Because it was a churning (economic term) to me.

Exactly, but I'm still regretting not buying the shit in 2014, would have been a millionaire already or at least would have several hundred thousands of dollars which is pretty much all I need to be really free! But I didn't unfortunately!

Let's search for another big thingy!

Let's invent a time machine 

Yeah, something like that! ☺

Hehe man, you are so funny, but that's true.i m also regretting not buying BTC in 2015 !!

[SparrowMano]

too much concern about governments, several exit scam, the tether scandal ... as an investor must admit that it's scary

[Ligareaux]

some of is just fud, but mostly is a mega correction, think about the price, 12 months ago

[SportbetMaster]

don't worry, it has become a routine in this period of the year, it is everyone who sells in the sole objective of buying later at a lower price, but nobody knows where will stop the present dump.

[Andrewsito]

I think the word "failing" sounds a little harsh to me. especially considering the highs and lows of any market, plus the "novelty" and uncertainty that some people feel about the BTC market, that can help explain a little bit why the current lows of the market.

[CyberKuro]

Bitcoin corrected after reach the peak, back to the current (normal) price imo, simply because bitcoin nodes still not ready for the higher price.
The snowball effect, correction > fud news about ban cryptocurrency trading/exchanges > bitcoin futures contract expired = newbies panic sell and traders cash out.
We can't have 960 sats/byte fees for a transaction. 150 satoshis/byte is better, even you can pay a lower fee but it will be confirmed within 20 minutes.

[cryptodairy]

It's explained here

https://steemit.com/bitcoin/@pozzecco/6700usd-might-be-dip-of-the-bitcoin-i-don-t-say-it-the-moving-averages-says-so-check-it-out-bitcoin-technical-analysis