Reasons why bitcoin is falling Down!

[Omparkash72]

The reason for falling down the price,I think the ads  of Google regarding banning of crypto currency.due to fear people start selling .by I thought Bitcoin definitely will overcome from this very soon.

[And2816]

низкaя пoпyляpнocть биткoинa.

[sud]

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!

Yeah, if you are smart and follow the rules this is the case. But in reality, terrifying majority of people use money they need every day, or even take loans to buy crypto, counting on quick money. A lot of them, who bought bitcoin in December/January, are now selling to cut their losses.

[faker_lol]

some day ago i think google ban ads is reason

[ed_Berrington]

I think the main reason for Bitcoin's decline in price is the recent hack of the Binance Exchange.

[50ouncebrew]

It is true that FUDs affect the price of bitcoin as it cause people to panic and sell but also at this point I think the cause of the bitcoin price going down could be attributed to many things. I'm also thinking that it could just be normal market movements since the last bull market was so high so it's only normal that the price is at the place which it is now.

[Red-Apple]

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

but that is the least relevant news among all the FUD news that is flying around. and on top if it, this advertisement ban by google is actually a very good thing!
in the past if you have searched for any thing cryptocurrency-related you could have seen all these ads on top of search results or on google ads banners on websites which were mostly scams. like 90% of them were linking to a scam ICO or a malware wallet lookalike!
i think eventually google got tired of reports of inappropriate crypto-related ads and banned them all at once.

[voom360]

I dont know the the specific reason for btc price down . but now a days so many bad news and fraud news in social media against btc and crypto world. on tthe other hand two giant company fb and google also banned  cryptpo promotion and add i think thats why may be some price drops. i hope this situation will be over and market come back asap.

[reck1ess]

It's because of Google banning all the ICO ads on their platform, that's why we can see the massive price down of bitcoin. Don't worry Bitcoin was used to massive price changes, it will recover to its current value.

[redsun114]

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!

Yeah, if you are smart and follow the rules this is the case. But in reality, terrifying majority of people use money they need every day, or even take loans to buy crypto, counting on quick money. A lot of them, who bought bitcoin in December/January, are now selling to cut their losses.

Panic selling is one of the major reason which is resulting in this much downfall in the market value of all the crypto coins including bitcoin. Not all the investors are this much patient that they can control their emotions and that most of them fail to keep their control over their emotions when they see the market price dropping down. Other than this, the decrease in the demand of the bitcoin is also resulting in downfall of the market value of the bitcoin.

[barcelona 94]

That is the way sharks collect, and this bitcoin is suffering bad news, google, fb or other countries are also difficult to bitcoin.

[mOgliE]

Hi,

I would say that these two reasons... may explain part of the situation. But not completely.

Bitcoin is linked to many factors. It is hard (not to say impossible) to say what weights more or less.

As for the reasons you give, I'd say that actually they are rather secondary

[thanhhoian2016]

I think the bad news about Bitcoin is that people are bewildered, or that some people have pulled out Bitcoins in huge numbers from trading platforms.

[mahilchii]

There are many reasons for dip in Bitcoin price and not only the two things you mentioned like Google banning crypto ads and Mr.X wiped out huge Bitcoin into fiat. You can see the trend of Bitcoin now that all of these news which created negativity but Bitcoin price started to rise from yesterday, current price is trending around $9100 and by month end I think the price may go up to $10000.

[Amelial]

I think many people sell btc so btc falling down

[Hazir]

1. Google's announcement of banning cryptocurrency related ads

We can thank shitcoins for that - an overwhelming amount of new ICO is the main culprit here.
To be honest, I don't remember if I've seen the only Bitcoin-related ads - mostly it was about investing in some dubious new coin and get rich with no effort kinda stuff.
I won't be missing these ads at all - it's not a big deal and as usual people are overreacting greatly, while there is really nothing to worry about.

[taiwww]

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.

Oh come google, google google, how many more times people are going to take this name and to be honest it is getting irritating. They have no involvement in the crypto currency or its presence in this world. Google is just another platform for the purpose of getting the customers on board or reaching out the targeted crowd and stuff like that. Just because they are not going to handle crypto advertisement further doesn't mean that crypto lovers has taken there foot out of the crypot world.

Are you leaving the crypto currency because google banned idea of advertising it? Are you not using it anymore? I think no, you are not following any of it and none of us. So I dont think there is any effect of that on us or on the crypto itself.

[Takeshi Miura]

i think reason bitcoin is falling down is social network is banned all link from cryptoccurency

[Jcabudx]

I think bitcoin price is falling is because of the demand of bitcoin is low and google is banning some crypto.

[Shreek]

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, now we feel the shock in the crypto world after the news spreads in the media, and the shock will be even greater when google implements its plan to ban crypto ads in the month of June.

besides that, there another factor that makes the bitcoin price drops is the sale of bitcoin that is done Kobayashi as much as $ 300,000,000.