|
siti25
|
 |
March 19, 2018, 04:55:59 PM |
|
not just more selling than the buyer, the decline also occurs because the interest of digital money users began to shift to other money such as ethereum, Ripple to litecoin. |
|
|
|
|
|
|
Even in the event that an attacker gains more than 50% of the network's
computational power, only transactions sent by the attacker could be
reversed or double-spent. The network would not be destroyed.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
PhucS
|
|
March 19, 2018, 05:00:47 PM |
|
Is it because of the large number of altcoins?
No, I don't think so. I do not think altcoin has any effect on the Bitcoin price. In my opinion, Bitcoin prices have fallen sharply recently due to new information and decisions from major social networking sites. Last month, Facebook launched a ban on ads related to cryptocurrency. A few days ago, the information about google and twitter will do the same thing has appeared, Bitcoin prices have dropped dramatically at that time. This is just my opinion |
|
|
|
|
terrong
Member
 Offline
Activity: 309
Merit: 11
|
|
March 19, 2018, 05:45:43 PM |
|
when one panics sees an increasingly unstable price so much is dumped btc and makes the price even more devastated. this condition is very worrying
but there are some people who take a chance when btc down then he will buy a lot to be invested
|
|
|
|
|
|
Direwolve735
|
|
March 19, 2018, 06:23:42 PM |
|
Is it because of the large number of altcoins?
No, the bitcoin rate is rapidly sinking not because of the large number of altcoins. Very little crypto currency can compete with bitcoin. Yes, now there is a huge number of new projects, but most of them disappear, not even having time to prove themselves. The price of bitcoin falls due to negative news about the crypto-currency world. The ban of Google and Facebook, attempts to establish control, the spread of doubts in the anonymity and speed of transactions - all these factors have a bad effect on the reputation of bitcoins and deter potential investors. |
|
|
|
|
|
Tungsten-1
|
|
March 19, 2018, 06:49:59 PM |
|
Is it because of the large number of altcoins?
not just because of altcoin alone, some factors also cause bitcoin prices to fall. among the latest is there is news from facebook, twitter and google memblock all ads about crypto. and everyone's negative perceptions of bitcoin also affect the bitcoin price. Altcoins do no effect bitcoin in any way. In actual it is bitcoin that decides the future values of altcoin. It is considered as the benchmark for all altcoins as bitcoin is the mother of digital currencies. The main game is always played by big investors who have invested millions of dollars here. Whenever they make a move, the impact on the digital market is crystal clear. Besides, many people want bitcoin which gives hype to its value. |
|
|
|
|
A_Green
Newbie
Offline
Activity: 49
Merit: 0
|
|
March 19, 2018, 10:30:02 PM |
|
many investors found themselves in a difficult situation due to the risk of losing the ability to withdraw cryptocurrency in Fiat currency due to negative reviews and news about USDT.
New platforms are actively developing, new digital assets can already exist without the participation of Bitcoin.
|
|
|
|
|
Starone1
Newbie
Offline
Activity: 139
Merit: 0
|
|
March 19, 2018, 10:31:28 PM |
|
Is it because of the large number of altcoins?
I think not, the price of Bitcoin has decreased the first in because by the issue of news issues that are warm like Google's Ban ICO ads and the second because follow the market when the market dropped the person directly sell Bitcoin for various reasons... This is the main reasons that people use to spread fake news in market that google ban bitcoin, china ban bitcoin, facebook ban bitcoin, but there is no reality in this kind of fake new I dint know why people get trapped and trust them. it is not good to listen them hold your bitcoin and see your bitcoin fast and profitable growth, I think this coming month price is going to rise and I hope this time no bad or fake news will not let bitcoin market get down. |
|
|
|
|
Hari1123
Newbie
Offline
Activity: 56
Merit: 0
|
|
March 19, 2018, 10:37:41 PM |
|
Bitcoin price rapidly going down because of this spreading fake news that bitcoin will be banned all over the world, so the investors and other bitcoin user sells their bitcoin in a low price.
|
|
|
|
|
|
Kidmat
|
|
March 19, 2018, 10:46:59 PM |
|
Bitcoin price rapidly going down because of this spreading fake news that bitcoin will be banned all over the world, so the investors and other bitcoin user sells their bitcoin in a low price.
This is absolutely the reason's why price of bitcoin rapidly going down. Spreading of fuds and this fake news concerning about banned of this coins that affect the new adopters of bitcoin and who truly invest. Best is not to be affected our bitcoin just hold until price will become high. |
|
|
|
|
|
radjie
|
|
March 21, 2018, 12:43:32 PM |
|
Is it because of the large number of altcoins?
No, although there's always a new type of altcoin, it does not affect the fall of the bitcoin price. but lately bitcoin prices continue to decline because of certain issues that greatly affect investor interest hesitate to invest in bitcoin. |
Sr Member | | |
EPSILOAN | | | ██
██
██
██
██
██
██
██
██
██
██
██ | | | | ██
██
██
██
██
██
██
██
██
██
██
██ | | | | ██
██
██
██
██
██
██
██
██
██
██
██ | | | | |
|
|
|
|
sunniechance3
|
|
March 21, 2018, 12:56:45 PM |
|
The bitcoin is steady for last 24 hours now and showing good progress but that does mean that it will go on the same road. Recently, bitcoin has been falling due various reasons like G20 summit, Mt. Gox selling and few small news had made the price to fall. But now most of things seem to solved and we can hope that bitcoin remains constant and grows in the coming days.
|
|
|
|
|
cramcram21
Sr. Member
Offline
Activity: 854
Merit: 251
★777Coin.com★ Fun BTC Casino!
|
|
March 21, 2018, 01:09:05 PM |
|
Is it because of the large number of altcoins?
Nope it is because of the large number of investors or the early users selling their bitcoin , So they are the one who is dumping the market from what I have read it is from the Mt.Gox they are dumping their bitcoin. |
|
|
|
|
Best Dreams
|
|
March 22, 2018, 07:41:12 AM |
|
Is it because of the large number of altcoins?
No, although there's always a new type of altcoin, it does not affect the fall of the bitcoin price. but lately bitcoin prices continue to decline because of certain issues that greatly affect investor interest hesitate to invest in bitcoin. Yes they do so but it is not working at all no need to be worry about bitcoin price rise and fall, as it is nature of bitcoin someday bitcoin will increase in price and someday it will decrease but you will have to wait to see it high if once it is low in market, actually price increase when demand of bitcoin become high in market and supply become low. So if price is going down it is because people are selling bitcoin at panic price so you will not have to worry just stay calm after very short time bitcoin price will be again high so hold and wait only. |
|
|
|
|
|
Hamstead
|
|
March 22, 2018, 08:04:36 AM |
|
Is it because of the large number of altcoins?
Nope it is because of the large number of investors or the early users selling their bitcoin , So they are the one who is dumping the market from what I have read it is from the Mt.Gox they are dumping their bitcoin. Early adopters have a huge contributor in these dips. Of course they are new and still learning for this, that's why we should not blame them thoroughly. Mt. Gox issues also makes some investors to get their token off earlier and they are competing to sell their tokens that helps market going down. |
|
|
|
|
supandi wiharja
Full Member
Offline
Activity: 420
Merit: 101
Earn crypto for being contacted
|
|
March 22, 2018, 08:45:05 AM |
|
This is not a strange thing for virtual currencies like bitcoin, because nowadays there is a lot of bad news that hit bitcoin, thus causing the price to decline rapidly.
Government bans on bitcoin trade in every country, especially in asia, make bitcoin prices and a bunch of other virtual currencies plummeted dramatically.
Thus causing users and investors to panic with the events that currently occur.
In addition, today many competitors such as altcoin are in great demand and make bitcoin users begin to switch to ethereum or ripple and this will obviously make bitcoin prices decline rapidly.
|
|
|
|
|
Twinscoin2017
|
|
March 22, 2018, 08:47:27 AM |
|
Is it because of the large number of altcoins?
Nope it is because of the large number of investors or the early users selling their bitcoin , So they are the one who is dumping the market from what I have read it is from the Mt.Gox they are dumping their bitcoin. Early adopters have a huge contributor in these dips. Of course they are new and still learning for this, that's why we should not blame them thoroughly. Mt. Gox issues also makes some investors to get their token off earlier and they are competing to sell their tokens that helps market going down. I think bitcoin is going down because it receive a negative trust from the negative issue from the feild, bitcoin will rapidly dropping down like it never rise again because of some negative issue. Bitci think this is not new on our bitcoin journey, because even from the past we really know that the bitcoin will drop and pump because of the good and bad feedback around the globe. |
|
|
|
|
kuckong
Member
Offline
Activity: 184
Merit: 10
Token That Will Transform The Venture Capital Mark
|
|
March 22, 2018, 09:37:21 AM |
|
I think the bitcoin price reduction is not due to altcoin but because of the many negative news about cryptocurrency, among others the prohibition of cryptocurrency ads on facebook and google and banning anonymous account bitcoin in south korea and united states. that's news I know
|
|
|
|
|
Xardasim
|
|
March 22, 2018, 09:38:40 AM |
|
For the moment, the biggest reason for this is that people wait for the G20. We can say that the price does not even change. I hope that we get positive news about the cryptos and we are all comfortable. Since the beginning of 2018, cryptocurrencies have only been going on deep.
|
|
|
|
|
doge_shit666
Member
Offline
Activity: 350
Merit: 10
|
|
March 22, 2018, 10:17:47 AM |
|
BTC prices have risen for several days, after the G20 decided not to change its policy on Crypto, which was not tied to the Crypto market so it made the market more stable. This is the basis for Crypto market growth in the near future. Let's buy and hold the altcoin right now.
|
|
|
|
|
mOgliE
Legendary
Offline
Activity: 1344
Merit: 1251
|
|
March 22, 2018, 11:13:49 AM |
|
Hi, There are several factors affecting the price of bitcoin but I think that the number of alt coins is not one of them. There has been a huge rise in December 17, so logically prices went down on January. Just because prices were completely crazy. Though, the downard move is quite long... It has been 3 months and there is no sign showing it may improve... I understand why people are worried but we cannot expect and we shouldn't hope that trends from 2017 get repeated yearly. Bitcoin is struggling to be spread as a currency, and such chaotic moves do not speak in its favour. So yeah, prices are down... basically to compensate for their crazy heights. Nothing to worry about!  |
|
|
|
|
