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Author Topic: Why the price of bitcoin rapidly going down  (Read 5626 times)
Athelstan Miller
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March 19, 2018, 11:27:51 AM
 #1

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
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The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
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March 19, 2018, 11:57:10 AM
 #2

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

Yes, Bitcoin is temporary. Bitcoin prices are going down fast because there are so many rumors about recent Bitcoin being heard. France and South Korea banned Bitcoin As a result, other countries are afraid of bitcoin. As a result, Bitcoin prices are much lower in the current market. Which is $ 8K below. Which is a bit disappointing for Bitcoin users. Moreover, Bitcoin is a currency. It is normal to increase the price of bitcoin. If we look at the record of 2017, we can understand how much the price has increased. In particular, in the end of 2017. But the prices are very low in early 2018. Some people think that the prices of other types of currency are increasing. It may be said that everything is going to be reduced bitcoin. But very soon the bitcoin will become valuable.

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March 19, 2018, 12:04:56 PM
 #3

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

Long live the bitcoin and its dignity. Off course, bitcoin dont have to prove itself in terms of its spikes and hikes which are sure shot in the long run. We dont have to fear about it because it is what makes up our bitcoin : Most volatile currency, Decentralised in nature, Publicly accepted and demotivated by the government, industries willing to accept, rules and regulations willing to ban! You never know what surprises bitcoin has to see in its path which affects its prices severely. So im pretty sure that everything is temporary here and we just have to give it time.  Cheesy
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March 19, 2018, 12:12:15 PM
 #4

The value of bitcoin is going down due to the news of google about banning cryptocurrency related ads and ICO. But not only that Twitter and instagram according to some articles are also making those actions. Though it is unverified information but it is making a stir on the market thus have played a role on the drop of bitcoins value. But thanks to the news on G20 that says they are going to tackle about the benefits of cryptocurrency, bitcoin has recovered its value and hopefully to climb up more.
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March 19, 2018, 12:27:12 PM
 #5

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

The downfall is a temporary event came with bitcoins and this one happens due to some fuds scattered, the big one is the google banning the crypto ads which totally hurt the whole cryptocurrency ecosystem. But surely the price and the cap will recover soon and we will see the massive pump coming on future.
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March 19, 2018, 12:30:25 PM
 #6

The value of bitcoin is going down due to the news of google about banning cryptocurrency related ads and ICO. But not only that Twitter and instagram according to some articles are also making those actions. Though it is unverified information but it is making a stir on the market thus have played a role on the drop of bitcoins value. But thanks to the news on G20 that says they are going to tackle about the benefits of cryptocurrency, bitcoin has recovered its value and hopefully to climb up more.
Besides that, FUDers are grabbing this opportunity to spread more fake news(although google banning crypto ads is a fact). Panic sellers also contributes to the price's bearish trend. As a bitcoin user, I think it is only okay for me even if price of btc goes down today. It will just mean that we are weeding out the weak hands and market will become healthier, it will also be a good opportunity to rebuy after selling at the peak or near the peak.
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March 19, 2018, 12:58:59 PM
 #7

Pretty sure it is all about continues banning of advertising in Facebook, google,and other countries that stop patronising cryptocurrency. Advertising can attract more invetors but sadly now it was banned in some social media.
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March 19, 2018, 01:05:09 PM
 #8

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

Yeah, this is just a temporary becase for sure a lot of good news and improvements are coming so for me stop panicking. Its green day, and I hope this is a the beginning of a new all time high in the making.
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March 19, 2018, 01:34:26 PM
 #9

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

You are absolutely right in my opinion. The fundamentals are there, so bitcoin has a good future. Maybe it's distribution is still very centralized, and because of that, some very rich people can manipulate the market a bit. But at it's core, bitcoin is doing well, and we keep seeing good news either related to regulation adoptions and most important, development.

Check this thread, when I try to compile good news related to bitcoin, and maybe contribute with some news yourself.

https://bitcointalk.org/index.php?topic=2865338.0 (Lets fight the FUD together)
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March 19, 2018, 01:43:55 PM
 #10

Do not worry after g20 told that they will not regulate crypto currency all markets started to gets back to green markets and hope it will be back to new rising markets and we will see new highs very soon !
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March 19, 2018, 01:51:41 PM
 #11

Some people thoughts and opinions on why bitcoin price going down, it is because of the panic seller people, let us consider that kind of opinion, but all ideas here are only a forms of speculation and no one can provide the accurate situations except only the creator.
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March 19, 2018, 01:58:24 PM
 #12

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

Currently the price of bitcoin is above $8000 and that is not a rapid going down rather it has been a resistance point that is being maintained for a while now. Everybody knows that the price of bitcoin is always temporary but the fear is that when the price is leaving this position, is it going for the better or the worse and when is it going to happen? which is mostly determined by several factors that are sometimes beyond what can be explained in lay terms. There are several developments going on in the field of blockchain that seems that the future is bright but beyond that, there are still several might forces that are against this growth of bitcoin. And for the change to be positive that everyone will smile, its has to be on the increase.

 
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March 19, 2018, 01:59:20 PM
 #13

Don't know really because I am very busy these days and can't read news but will do tomorrow.
By the way I think it's good, look it as an investment option as others do or otherwise if you are just bitcoin user, it's better for you for saving fees.
And remember, it's like a rule: Doesn't matters how much bitcoin falls, it will reach it's historical maximum price in future.

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March 19, 2018, 01:59:53 PM
 #14

Do not worry after g20 told that they will not regulate crypto currency all markets started to gets back to green markets and hope it will be back to new rising markets and we will see new highs very soon !
Yeah it's  a good  development if they will not intervene or regulate Bitcoin coin because it will just create uncertainty  or eventually economic turmoil on their country in which many people can be affected. Instead they will regulate exchanger operator because that's the entities the government can protect from scamming.

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March 19, 2018, 02:14:24 PM
 #15

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
Still waiting with update on what's with LN right now but the current news that G20 seems to be positive is making the price of bitcoin now to be on green. And it's going to be positive and getting closer to $9,000 and if the whole week starts with a positive market then it can be the indication that bitcoin is now ready for its recovery in no time. Can't wait to see on how investors (big and small) will react when there are positive updates about LN and other news.




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March 19, 2018, 02:20:35 PM
 #16

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
Ofcourse all is temporary, there is always end in this crisis. I believe in that, soon the sun will going to shine again. The market will go in green again sooner or later we will going to experience again the greatest day of our lives Smiley be still and know that bitcoin has a future.
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March 19, 2018, 02:22:24 PM
 #17

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
Still waiting with update on what's with LN right now but the current news that G20 seems to be positive is making the price of bitcoin now to be on green. And it's going to be positive and getting closer to $9,000 and if the whole week starts with a positive market then it can be the indication that bitcoin is now ready for its recovery in no time. Can't wait to see on how investors (big and small) will react when there are positive updates about LN and other news.
Positive signals from the meeting of bankers g20 can really have a positive effect. The price will go up to $ 9,000, but what's next? For me there is no difference between 8K and 9K. Both of these numbers are very small to measure the value of bitcoin. I'm waiting on 15K-20K. For me, only such figures will mean the recovery of the market.
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March 19, 2018, 02:27:30 PM
 #18

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
The months of march and April are always in the downtrend for bitcoin and other crypto currencies as well,so there is no wonder that price is going down.As you said it is temporary bitcoin will recover from the fall soon.And the implementation of LN will give new boost and it will help the bitcoin to recover faster.
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March 19, 2018, 02:28:53 PM
 #19

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
There are many issues that make bitcoins to get down in price. A lot of investors also have sold their bitcoins because maybe they are affected with the issue against bitcoins or just afraid to lose their investment because of the issue. For me no matter what the issue against bitcoins I will still hold my bitcoins and will continue working with bitcoins in order to earn more.
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March 19, 2018, 11:30:28 PM
 #20

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
Still waiting with update on what's with LN right now but the current news that G20 seems to be positive is making the price of bitcoin now to be on green. And it's going to be positive and getting closer to $9,000 and if the whole week starts with a positive market then it can be the indication that bitcoin is now ready for its recovery in no time. Can't wait to see on how investors (big and small) will react when there are positive updates about LN and other news.
Positive signals from the meeting of bankers g20 can really have a positive effect. The price will go up to $ 9,000, but what's next? For me there is no difference between 8K and 9K. Both of these numbers are very small to measure the value of bitcoin. I'm waiting on 15K-20K. For me, only such figures will mean the recovery of the market.
Small recovery or big recovery, there's no difference with it because it's still the same as the word itself. Being positive with the small recovery is good for someone who keeps on worrying about the plummeting of bitcoin. Keep that hope for sure we will be back on that price once bitcoin is skyrocketing and the price can go further rapidly as an opposite impact of the last dip that made the price rapidly go down.




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