Bitcoin dropped by $2k

[must_have]

It's going to $6,500 again.....

I think in isn't. Don't worry: keep calm and buy more bitcoins! It is preparing for growth up to 50000$ for one Bitcoin)You'll see!

[palle11]

The reason for this recent drop to my opinion is that people are selling off bitcoin (the short term traders) because they have seen some difference as gain from their investment. They are dumping and jumping out, grabbing some $4,000, $3,000 etc as gain.

[rajuahmed330]

"Bitcoin Price Forecast: Russia Finalizing Regulations by July, Bitcoin Future Looks Safe" - This News Headline from profitconfidential.
So Maybe Good things waiting for us. Please be quite and just forget for 2-3 months about crypto market.
Bitcoin may Down $5k-$6k, and again market will recover.

[Ranly123]

As all of you know that the value dropped from a solid $11.5k to $9.5 recently. Could BitMex, the trading platform for bitcoin on other cryptos, where some users who had difficulty logging into its platform be one of the reasons for it? 

It has nothing to do with bitcoin price whether clients had difficulty in logging in because bitcoin price only fluctuates because of the supply and demand law on economics. Though some exchanges has more clients than the other they cannot even manipulate the pricing of bitcoin in the market.

[whirlcoin]

I think the reason behind this price drop is Binance hack news but really the funds are safe only a few bitcoin might be hacked as oer the CEO of binance tweet.So now the price keeps recovering at the moment soon it will be back to $12K.

[paul00]

"Bitcoin Price Forecast: Russia Finalizing Regulations by July, Bitcoin Future Looks Safe" - This News Headline from profitconfidential.
So Maybe Good things waiting for us. Please be quite and just forget for 2-3 months about crypto market.
Bitcoin may Down $5k-$6k, and again market will recover.

You're right, we just need to wait for that time and we know bitcoin value will increase at that moment and maybe at the end of the month bitcoin value will exceed at $20k. So don't panic about what is happening on bitcoin it is totally normal that we experience ups and down.

I think the reason behind this price drop is Binance hack news but really the funds are safe only a few bitcoin might be hacked as oer the CEO of binance tweet.So now the price keeps recovering at the moment soon it will be back to $12K.

I don't think the hack of website of binance has nothing to do with bitcoin value as they stated "All funds are safe and no funds have been stolen".

[wenwen478]

No one really knows what is going on and what is actually causing the drop for last 3 months!.

There are so many good news such as USA and Russia going easy on crypto. This itself should be enough to take it to Moon. But no!!  BTC price is just going down. If it increases 5% within few days it drops to 10%.

This is really strange and I am sure even the experts don't know what is going on and where BTC price heading..  $50k or $5k

As far as I know, there are two reasons for the price drop: 1. The attack on the BINANCE . 2. The Chinese government will step up its supervision of digital currencies on March 15, including restricting related bank accounts, limiting transactions Platform IP restrictions and other measures. Of course, these are just rumors.

[mersal]

No one really knows what is going on and what is actually causing the drop for last 3 months!.

There are so many good news such as USA and Russia going easy on crypto. This itself should be enough to take it to Moon. But no!!  BTC price is just going down. If it increases 5% within few days it drops to 10%.

This is really strange and I am sure even the experts don't know what is going on and where BTC price heading..  $50k or $5k

As far as I know, there are two reasons for the price drop: 1. The attack on the BINANCE . 2. The Chinese government will step up its supervision of digital currencies on March 15, including restricting related bank accounts, limiting transactions Platform IP restrictions and other measures. Of course, these are just rumors.

So the main reason is just FUD so the price will rise again and in some exchanges the price are still high at the moment so it is good time for the arbitrage trading and I have earned some money by buying low and selling high.

[lamcouz]

This is the best time to invest in bitcoins. If you want to, you can invest in bitcoin at any time, and I don't think it's a very high price, but in the future it will be $100,000, and you can still get a lot of money in your investment.

[Gotumoot]

As all of you know that the value dropped from a solid $11.5k to $9.5 recently. Could BitMex, the trading platform for bitcoin on other cryptos, where some users who had difficulty logging into its platform be one of the reasons for it? 

Well as you can see the price of bitcoin is increasing almost 11k dollars though , and I think it's because the investors panic selling and resulting the price or the demand on the marketplace become unstable , so as the bitcoin. And don't worry bitcoin would not stock on just 6k dollars though or 2k usd?, bitcoin is still an unstable currency.

[Dudeperfect]

I was expecting such small ups and downs in this month as we are in the last phase of the correction process, traders waiting for slight growth are selling/liquidating their capital to grab this opportunity but I am expecting sustainable growth in the price after this month so there is nothing to worry about it in my honest opinion.

[wenwen478]

No one really knows what is going on and what is actually causing the drop for last 3 months!.

There are so many good news such as USA and Russia going easy on crypto. This itself should be enough to take it to Moon. But no!!  BTC price is just going down. If it increases 5% within few days it drops to 10%.

This is really strange and I am sure even the experts don't know what is going on and where BTC price heading..  $50k or $5k

As far as I know, there are two reasons for the price drop: 1. The attack on the BINANCE . 2. The Chinese government will step up its supervision of digital currencies on March 15, including restricting related bank accounts, limiting transactions Platform IP restrictions and other measures. Of course, these are just rumors.

So the main reason is just FUD so the price will rise again and in some exchanges the price are still high at the moment so it is good time for the arbitrage trading and I have earned some money by buying low and selling high.

First of all, congratulations ！ And I think the price will rise after a long time;But  in the short term, the price will continue to shock, and may  be lower!!

[heureca]

As all of you know that the value dropped from a solid $11.5k to $9.5 recently. Could BitMex, the trading platform for bitcoin on other cryptos, where some users who had difficulty logging into its platform be one of the reasons for it? 

I think the main reason is Binance news. It is big criptocurrency exchange and similar issues could be the reason of BTC dump. I advise to hold your coins without panic sell

[zakirazak]

CCN Reports -
Bitcoin Dips Under $ 9,500 In short, Recovered Market as Binance Hack Denied
Yesterday, on March 8,
bitcoin prices had dropped below $ 9,500 for a while,
sparked by Binance's hack rumors, Japanese government penalties on local bourses,
and massive bitcoin sales by Mt. Gox trustee.

referring to the above report,
I think how speculation risk influences market emotions
even Pump campaigns by trader groups are often faced with deadlocks,
when betting in such "rumors" situations.

we may be uneasy for the future,
when someone it comes to dissatisfaction
with some parties and try to linking BTC
with a series of trials such as "darkpool games", "Hackers", Viruses, money laundering and terrorists.
so some countries began to take drastic action against the BTC.

to relate the difficulty of logging in to the exchange platform
as the cause of the BTC value drop is small below 3%,
following the individual experiencing, to me is not alot significant,
if the majority is calculated may involve 1 or 2 platforms from hundreds of existing exchange platform networks
or perhaps at 5 for every 100 individuals.
anyway this year BTC still under high presure between speculate vs emotion in market Scenario,
but I still believe BTC will broken its record in 2020 and make a new record at USD50K / BTC.

[adolf512]

As all of you know that the value dropped from a solid $11.5k to $9.5 recently. Could BitMex, the trading platform for bitcoin on other cryptos, where some users who had difficulty logging into its platform be one of the reasons for it? 

I think the main reason is Binance news. It is big criptocurrency exchange and similar issues could be the reason of BTC dump. I advise to hold your coins without panic sell

Indeed, the reduction in the price of bitcoins is connected with the news about the exchange of Binance. After bitkoya other crypto-currencies began to decline. It is desirable that the market is more quickly stabilized.

[Em00n01]

I don't think so. May be it is because of Binance issue or recent fud. I believe it will recover soon. Don't panic. Just hold tight.

[Kprawn]

The news of the 180k coins that the Mt Gox trustees still have to dump, might have influenced some investors decision to buy

now. They know, when these trustees dump these coins, the price will go down further and they also know the trustees are

dumping in batches. {6k coins, then 6k coins ..... and so on} So why are you going to buy expensive coins now, if you know the

price is going to go down lower? {The last batch was 18k coins}  

[Darmanin]

I do not think the bitcoin will fall so low, too much support to break before ...

[trecore4]

As all of you know that the value dropped from a solid $11.5k to $9.5 recently. Could BitMex, the trading platform for bitcoin on other cryptos, where some users who had difficulty logging into its platform be one of the reasons for it? 

That's really small volume from the trading platform like that. I mean it's small in front of the market cap that has recently dropped from the market. Just because people were not able to log in into this platform doesn't mean that it dropped the volume dramatically. I mean come on how many of them might have been putting lots of money on the trades which can support the 2k drop. I don't believe that there is only one reason for this drop but there are many. It could be corrections, it could temporary unavailable platforms like binance etc and much more.

[colvis]

well the 2k different for the drop of bitcoin is not something new and is nothing to worry about, a drop different worth more than this has happened earlier before now. with the users of bitcoin not being able to login into their platform/dashboard it will be of a good advantage to them because they might want to sell off the one which they have because of the fear of the fall... the price will fall but before this time next week it will definitely rice back to the price which it was earlier this wk ($11k)