Why is Bitcoin falling?

[chengyinoing]

I think there are a number of factors contributing to the decline in the price of the currency, and the most important thing is that this time, the South Korea is in charge of regulation and hacking.

Crypto currencies are always volatile, so don't worry too much. Prices will always go up.

[1715025426]

1715025426

[1715025426]

1715025426

[1715025426]

1715025426

[GreenPowerRanger]

Nobody can say it why its falling. But there are some rumors about who are true. So if you long enough in cryptocurrencies, maybe the name mtgox will say something to you. It was one of the biggest exchanges for bitcoin in japan who get bankruptcy. They hold many thousands of bitcoins from their users. At the beginn of the year, the men from this exchanges sold over 35thousands of bitcoins and flooded the market. There was more supply for bitcoin then demand, and so the price dumps immediately.

[angelakrasnova]

Right now, a slightly different situation in the market bitcoin does not fall and it is growing at a rapid pace, but I think that it will fall exactly during its existence.

[valendra15]

losing confidence from world investors could have caused bitcoin to go down,if it continues like this bitcoin can lose

[Lady Coquet]

Well, in times like this what could we do is just believe to the power of bitcoin. This usually happens of too much fear of losing something about bitcoin. People and Government will later realize on what could bitcoin give, and may be the biggest source of makes bitcoin price fall could turn out to be the one who will pull the price again to the top.

[waitforme]

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.

There are many reasons why Bitcoin prices go down, but the idea I find it most likely is that many nations at the G20 decide to scrap Bitcoins and prohibit Bitcoins in their countries. In particular, the major social media networks also chose to eliminate the ads on the crypto that plunged the market.

[parassinghal]

No one can exactly tell the reason behind it but i think the price is falling because of the ban happened in various countries. And most probably the price will increase in upcoming months.

[boynamnhi]

An investor willing to accept the volatility of the market. When prices are high, we are happy, when prices drop, do not worry if you can keep the penny you have and continue to buy more. Maybe some media sites have banned Bitcoin ads, which makes some of Bitcoin's doubts affect the market. But in a short time, Bitcoin will be up again.
I'm very confident!

[boynamnhi]

losing confidence from world investors could have caused bitcoin to go down,if it continues like this bitcoin can lose

You are probably too anxious! Bitcoin is only down due to some objective external causes. The nature of Bitcoin with its benefits to humans is easy to see. I believe Bitcoin will soon emerge to break any doubts about it.

[doge_shit666]

Since Bitcoin was born so far, there is a lot of market news influencing Bitcoin that makes Bitcoin prices drop. But over time Bitcoin will rise again, no power can stop the development of Bitcoin. Bitcoin is fast growing and they have attracted many people around the world.

[TheDagger]

Because it is fluctuating..
No one can predict this price any more.. May its reason is demand on people.. Because so many peoples are using and trading bitcoin because of its price were increasing than the fiat..

[Muktar]

the first is the high number of sales in comparison with the number of buyers so that the stock of coins on the market increased which caused the price of bitcoin fell, the second negative news that many circulated in the media about bitcoin, the third banned crypto ads on google and facebook, all three are quite influential that makes bitcoin prices fall

[orarider]

I think there are many reasons for bitcoin to fall down.
1. The amount of bitcoin sold out makes it worth less.
2. The government's stance on the development of bitcoin makes it less likely.
3. Bitcoin decreases with the precision of the currency. After a strong bull market and a peak then the downtrend of bitcoin is now.

[Stimah24]

This is what make Bitcoin as an investment, sometimes it's appreciate and sometime depreciate... We can only talked about what surrounded the volatility here, Like Indian government saga, rumors emerging that cryptos will die and so on...
So, it's a normal life of bitcoin to fluctuate but too much is the problem.

[sergeykravcov177]

The thing is that bitcoin is not a stable coin that requires attention from us and when buying bitcoin we make prices higher it's profitable to buy lower and then with the help of its activity to make bitcoin rise.

[reighbut2017]

the first is the high number of sales in comparison with the number of buyers so that the stock of coins on the market increased which caused the price of bitcoin fell, the second negative news that many circulated in the media about bitcoin, the third banned crypto ads on google and facebook, all three are quite influential that makes bitcoin prices fall

Yes, There are many reasons why the bitcoin is falling one possible reason is due to bad news circulated in the digital media network that trying to destruct the images of bitcoin so investor get panic and sell their investment in low price.

[fortuneteller]

Falling for some reasons.
- demand for bitcoin goes down.
- people over react on negative news
- people retrieve investment for the reason that they maybe affected in the banning of btc in their countries.
-some countries are doing their move on banning cryptocurrency.

Yet, with all the positivity i believe in the rise of bitcoin value again.

[Harrisonimo]

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, different reasons being said that affected the price dump of the Bitcoin. Another reason I heard was that a major holder of the coin dumped/sellout a large sum; they were later withheld from selling all but part. News from the G20 meearing has recently boost the Bitcoin growth for now. I await more of the positive news.

[PravinS1857]

Because of the negative  news,, rumours about ban....

[lamcouz]

Investing in any digital currency can change your financial status!

An assessment and measurement that investors have to perform in BTC transactions, and the importance of experience in trading.

You can also perform some bounty tasks to earn a token for free and convert it to BTC!