Reasons why bitcoin is falling Down!

[Xester]

We have noticed that the value of bitcoin is depreciating this few weeks and over 60 billion dollars have been wiped out in the value of cryptocurrency due the slide of bitcoins value. So what are the possible factors that contributed to the downfall of bitcoins value recently, here are some reasons according to this article; https://www.cnbc.com/2018/03/15/bitcoin-price-over-60-billion-wiped-off-value-of-cryptocurrencies.html

1. Google's announcement of banning cryptocurrency related ads
2. Large selling of BTC by MT. Gox

I actually agree to the article that these two are the main culprit on the downfall of bitcoins value. Let us wait and see if bitcoin can overcome such hurdles this coming months.

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[krishnaverma]

We have noticed that the value of bitcoin is depreciating this few weeks and over 60 billion dollars have been wiped out in the value of cryptocurrency due the slide of bitcoins value. So what are the possible factors that contributed to the downfall of bitcoins value recently, here are some reasons according to this article; https://www.cnbc.com/2018/03/15/bitcoin-price-over-60-billion-wiped-off-value-of-cryptocurrencies.html

1. Google's announcement of banning cryptocurrency related ads
2. Large selling of BTC by MT. Gox

I actually agree to the article that these two are the main culprit on the downfall of bitcoins value. Let us wait and see if bitcoin can overcome such hurdles this coming months.

Google announcement of banning crypto related ads is really a  big news. If they really implement this in April, we will see a huge drop in prices and a lot of alt coins will suffer huge loss. Some may not be able to survive if they do not find other good places to advertise and gain more investors. Another news that might have affected the price is the recent hack that occurred in Binance. Many of the users of that exchange must have withdrawn their money because of this.

[Road445]

I think the real reason may not be because of the two, as is known to all, the influence of national policy for the bitcoin is huge, so the next G20 meeting of unstable policy is the real cause of the bitcoin down.

[sud]

TBH Google crypto ads ban should only affect new projects and ICOs since they are using it for marketing. The most popular coins do not use it anyway (have you ever seen Bitcoin od Ethereum ad?) so it shouldn't matter for their price. But it is crypto after all, FUD is irrational.

I think constant news about governments regulations in many countries is why people are now more sceptic about bitcoin.

[bubu4845]

the best culprit is google i think, when they announcement it price bitcoin fall down like waterfall and every people is panic, i hope situation like this will over soon and bitcoin price wil go up again

[Pursuer]

these may have been part of the reasons why price has been falling and they may have actually contributed a lot to it but I doubt that they have been the reason for the drop itself.

I said this a long time ago when price was struggling to go below $10k for the first time. back then that was a huge buy support preventing any kind of drop but the constant dumping at that time created a huge sell pressure which that buy support could not handle. when it was broken and price went down to ~$5900 that was it for bitcoin, the buy support vanished and many stayed away from bitcoin. ever since then it was a constant market manipulation and dumping for short term profit and things won't come back to normal unless price reaches a strong bottom and the dumping stops.

[Rockstar1]

I'm starting to see this trend where people attribute Bitcoin price drops with FUD. But the FUD happening right now is weak in so many ways.

You have Google enforcing stricter regulations for their advertisements regarding crypto such that they'd disallow scammers and unlicensed people from advertising. This isn't FUD, it's a good thing. That means scam ICOs wont be advertised or gurus who are unlicensed.

There are actual reasons why bitcoin prices fall without it relating to the news. If you treat bitcoin like stocks, here are a few:

1. People just sell. It's not about FUD, it's not about conspiracies. It's just that people just happen to sell all at the same time because they need money for things in real life. Bitcoin isn't in some ideal world. Bitcoin investors aren't just in BTC, they're in the stock markets too. When the stocks do poorly, they have to sell BTC to make ends meet. Also, it's March, things are getting warmer, people want some fun money. Spring is a team of renewal, growth, love, etc.. For any number of reasons, people are selling en masse.

2. The volume or price performance looks glum. Experienced investors look at volume paterns and price performance. They treat bitcoin like a stock, so when stuff looks bad for a long stretch, they just sell to move on. I feel like the January – March drop scared away the new investors who don't know that things will pick up again. They probably decided to be over it.

So don't just go around blaming FUD all the time, geez. There are original, tested and tried reasons why stock prices fall – and bitcoin prices apply to those same princples :/

[babarian]

2 giant companies (facebook and google) have banned crypto currency advertising on their website to be very influential news on the decline in bitcoin prices and other altcoin prices

[drew314]

We have noticed that the value of bitcoin is depreciating this few weeks and over 60 billion dollars have been wiped out in the value of cryptocurrency due the slide of bitcoins value. So what are the possible factors that contributed to the downfall of bitcoins value recently, here are some reasons according to this article; https://www.cnbc.com/2018/03/15/bitcoin-price-over-60-billion-wiped-off-value-of-cryptocurrencies.html

1. Google's announcement of banning cryptocurrency related ads
2. Large selling of BTC by MT. Gox

I actually agree to the article that these two are the main culprit on the downfall of bitcoins value. Let us wait and see if bitcoin can overcome such hurdles this coming months.

I agree with you, the banning of facebook ads and the google's announcement of banning cryptocurrencies related ads is one of the reason why the bitcoin price is dropping. It has a very big effect because people who know about that quickly sell their holdings. And the percentage of sellers than investors. If there are more sellers than investors, the price drops and vice versa. I hope many more people will still believe in bitcoin and will continue to invest and make the bitcoin price increase again.

[stayeduptolate]

We have noticed that the value of bitcoin is depreciating this few weeks and over 60 billion dollars have been wiped out in the value of cryptocurrency due the slide of bitcoins value. So what are the possible factors that contributed to the downfall of bitcoins value recently, here are some reasons according to this article; https://www.cnbc.com/2018/03/15/bitcoin-price-over-60-billion-wiped-off-value-of-cryptocurrencies.html

1. Google's announcement of banning cryptocurrency related ads
2. Large selling of BTC by MT. Gox

I actually agree to the article that these two are the main culprit on the downfall of bitcoins value. Let us wait and see if bitcoin can overcome such hurdles this coming months.

Yes. There are many ways to make bitcoin and earn money. This is because bitcoin is a very good platform to make money. This is because bitcoin offers various methods by which one can make money. Firstly one can jo N signature campaigns where one has to post on relevant topics and then he or she is paid accordingly. Then one can start earning bitcoin by bitcoin mining. One can also start trading bitcoin to make more money. Also bitcoin gambling is a very good way of making money but it is a little risky job as it also has high chances of loss.

[Thatguys]

Too many bad news!

[Herbert2020]

I'm starting to see this trend where people attribute Bitcoin price drops with FUD. But the FUD happening right now is weak in so many ways.

it is a common mistake to think FUD is the reason for the drop. the correct statement is that FUD increased the size of the drop, so you can say it is also happening because of FUD.
in fact this is a pretty funny mistake that some people make, where they try spreading FUD alone and think if they do it, price will fall but we just laugh at them.

what really happens is that the dump is initiated on exchanges and at the same time FUD is being spread to create panic and change the mentality of the investors. in other words to give them more reason to want to sell out of fear. this may simply be out of fear that the news (eg. ban) can cause something terrible with bitcoin or it  can simply be because they speculate price will fall because of that news and since they also see the fall itself they act on it too.

1. People just sell. It's not about FUD, it's not about conspiracies. It's just that people just happen to sell all at the same time because they need money for things in real life. Bitcoin isn't in some ideal world. Bitcoin investors aren't just in BTC, they're in the stock markets too. When the stocks do poorly, they have to sell BTC to make ends meet. Also, it's March, things are getting warmer, people want some fun money. Spring is a team of renewal, growth, love, etc.. For any number of reasons, people are selling en masse.

unless you think people are investing their rent in bitcoin, this reason is dumbest thing to sell. for example people don't invest the money they need to buy groceries, pay the bills, ... in something, specially bitcoin. and investment is not something you liquidate to pay for things in real life unless it is an emergency!
and when other markets like stocks are performing poorly they are going to sell their stocks not to sell other things to make up for their stocks profit loss!

2. The volume or price performance looks glum. Experienced investors look at volume paterns and price performance. They treat bitcoin like a stock, so when stuff looks bad for a long stretch, they just sell to move on. I feel like the January – March drop scared away the new investors who don't know that things will pick up again. They probably decided to be over it.

the volume is still pretty high actually. and those who wanted to go away, have already gone away back when price fell below $10k for the first time.

[rapsa2018]

I think it's normal for a bitcoin to price too much because it also needs it.
In order to balance the balance, especially to investors the traders may not always have to increase the price of bitcoin because all the people will earn when the price rises forever.

[Kakmakr]

I am not really sold on the idea that the cut in advertising for scam ICOs and fraudulent Crypto projects, can have such a profound impact on the price. This might have been one of the triggers, but it is not the main reason for some of the dumping.

I think a lot of people invested last year when the price was high and they used debt to fund that. They now have to pay back the debt and it is getting difficult 3 to 4 months down the line. When the price drop like this, they start to panic and then they cut their losses.

[Morgann]

maybe the reason why bitcoin is falling down some big whales sell their bitcoin now and the demand of bitcoin is very low thats why it rapidly decrease now. for me this is always happening but when those bigwhales buy more bitcoin again the price will increase.

[bellakrstna]

Maybe the reason of bitcoin's falling is some people dump bitcoin in a large number so the market is affected.

[jaaeeeyyyy]

We have noticed that the value of bitcoin is depreciating this few weeks and over 60 billion dollars have been wiped out in the value of cryptocurrency due the slide of bitcoins value. So what are the possible factors that contributed to the downfall of bitcoins value recently, here are some reasons according to this article; https://www.cnbc.com/2018/03/15/bitcoin-price-over-60-billion-wiped-off-value-of-cryptocurrencies.html

1. Google's announcement of banning cryptocurrency related ads
2. Large selling of BTC by MT. Gox

I actually agree to the article that these two are the main culprit on the downfall of bitcoins value. Let us wait and see if bitcoin can overcome such hurdles this coming months.

I guess that is pretty normal to the market after reaching a high mark which is $20000 and yes Google's announcement on their decision really affects the price of bitcoin but also us really affects the market price the consumers, users and most probably the whales and institutional investments. Also FUD's, those weak minds really is.

[derdgzmn30]

For me I think the reason why bitcoin is falling down is because it has low demand today and I think the banning of cryptocurrency ads in google and facebook affects it too.

[Denisliternyjj]

Some analysts explained the decline in the price of the crypto currency due to ICO hearings, in which US officials and government officials participated. In which several representatives, including the representative of the 12th Congress of the US Congress Caroline Maloney, said that the crypto-currency market is a bubble.

[karloscimot]

among the causes of falling bitcoin prices
I personally still confused because a lot of news circulating but all the right that which I also do not know.

some say the Korean government prohibits or limits cryiptocurrency transactions to its people.

others say Google forbids ads that smell cryiptocurrency.

because there's a big mafia playing, selling all the bitcoins they've earned from the bitcoin scam website they had made last year, and also the falling XPY price is now also the cause of bitcoin down

but I'm more convinced that bitcoin prices go down because Google forbids ads that smell cryiptocurrency .