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Author Topic: Why the price of bitcoin rapidly going down  (Read 5630 times)
Rrotess
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May 31, 2018, 11:03:57 AM
 #261

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

And we sometimes need to develop things and have more knowledge about this. With this, we can go through the difficulties in a long and tremendous run. Yet, we have to experience such lows and downs in order for us to be motivated. Along our ways, know that we have competitors and challenges that will try to pull us down, but in time this will be our strenghts. I hope people will accept these day-to-day challenges.
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May 31, 2018, 11:18:21 AM
 #262

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.

Why ohh why???, but everone is hoping that it will comeback again to it's high price which reach almost 19,000 USD. I think it is happening due to many altcoin with a price below the price of btc. That's why many investors wants. This is one of challenge in crypto currency world.
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May 31, 2018, 11:26:52 AM
 #263

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

I think this is because of those fake news that are giving people in the cryptocommunity negative thoughts that creates a panic, we all know that when there is a panic, the whole cryptoworld is being greatly affected, and that is the reason why the leaders and creators of the cryptoworld is telling people to keep calm and wait.

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May 31, 2018, 12:11:45 PM
 #264

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

In my opinion, bitcoin price is rapidly going down because people kept on doing panic selling due to the bad news they have heard. Another reason was a few people tend to leave bitcoin or now having doubt in involving in here so the chance of having a new investors are going down. Bitcoin being banned in some countries also a cause for the changing of price of bitcoin in the market.

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May 31, 2018, 12:13:44 PM
 #265

It is because many have already investing bitcoin in short,  bitcoin has a high demand. If it is a high demand the consumer has buy many bitcoin and what happened next is the stock of bitcoin has became low.

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May 31, 2018, 12:20:55 PM
 #266

It is because many have already investing bitcoin in short,  bitcoin has a high demand. If it is a high demand the consumer has buy many bitcoin and what happened next is the stock of bitcoin has became low.
When its price is go down so that is the best time to buy more bircoin because if its price everytime high so some people cannot  invest in bitcoin, so low price is the sign of investment and then its going to high for high profit.

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May 31, 2018, 12:35:13 PM
 #267

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


Simply because cryptocurrency is volatile and we should just expect that the value might strike high or down anytime. Dropping down of the price is normal and is just part of it's changing value but it is not permanent. No matter how low it's value might drop, it would still strike high and recover in time.

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May 31, 2018, 01:02:40 PM
 #268

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

I think this is because of those fake news that are giving people in the cryptocommunity negative thoughts that creates a panic, we all know that when there is a panic, the whole cryptoworld is being greatly affected, and that is the reason why the leaders and creators of the cryptoworld is telling people to keep calm and wait.
Spreading false news affecting this rapidly going down of price. Yes fake news has contributes also with regards to these patience is our mostly keys to succeed. This is not forever on down price however, price will still be increase.
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May 31, 2018, 01:12:55 PM
 #269

The price of bitcoin is rapidly going down, this is because one reason is the volatility of cryptocurrency, then maybe the customers are on holding their coins because of the reddish form of the market , thus if the market will fall down all crypto currency will almost all go down or fall also in the coin market index.

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May 31, 2018, 01:17:54 PM
 #270

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

I think this is because of those fake news that are giving people in the cryptocommunity negative thoughts that creates a panic, we all know that when there is a panic, the whole cryptoworld is being greatly affected, and that is the reason why the leaders and creators of the cryptoworld is telling people to keep calm and wait.
Spreading false news affecting this rapidly going down of price. Yes fake news has contributes also with regards to these patience is our mostly keys to succeed. This is not forever on down price however, price will still be increase.
Yes, i also agree that fake news can affect the disposition of other investors towards cryptocurrencies. I am a believer of bitcoin and it will never change until its truly gone. For now, one thing we could help erase those fake news is to help spread that its fake and promote bitcoin continuously.

 
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May 31, 2018, 01:39:13 PM
 #271

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

I think this is because of those fake news that are giving people in the cryptocommunity negative thoughts that creates a panic, we all know that when there is a panic, the whole cryptoworld is being greatly affected, and that is the reason why the leaders and creators of the cryptoworld is telling people to keep calm and wait.
Spreading false news affecting this rapidly going down of price. Yes fake news has contributes also with regards to these patience is our mostly keys to succeed. This is not forever on down price however, price will still be increase.
Yes, i also agree that fake news can affect the disposition of other investors towards cryptocurrencies. I am a believer of bitcoin and it will never change until its truly gone. For now, one thing we could help erase those fake news is to help spread that its fake and promote bitcoin continuously.

Fake news is really affect why bitcoin price going down especially if many investors easily believe on those fake news about bitcoin, but if you really believe in bitcoin you can't easily believe to that fake news .

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May 31, 2018, 02:08:09 PM
 #272

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

I think this is because of those fake news that are giving people in the cryptocommunity negative thoughts that creates a panic, we all know that when there is a panic, the whole cryptoworld is being greatly affected, and that is the reason why the leaders and creators of the cryptoworld is telling people to keep calm and wait.
Spreading false news affecting this rapidly going down of price. Yes fake news has contributes also with regards to these patience is our mostly keys to succeed. This is not forever on down price however, price will still be increase.
Yes, i also agree that fake news can affect the disposition of other investors towards cryptocurrencies. I am a believer of bitcoin and it will never change until its truly gone. For now, one thing we could help erase those fake news is to help spread that its fake and promote bitcoin continuously.

Fake news is really affect why bitcoin price going down especially if many investors easily believe on those fake news about bitcoin, but if you really believe in bitcoin you can't easily believe to that fake news .

Not just only fake news but some of the bitcoins that seized by the local authority to the illegal bitcoin business operator are being dumped to exit crypto as much as possible before the value becomes lower. Just like what happened on the Mt Gox owner that sells his bitcoin to pay his debts to the user of that scam exchange


OOOBTC.com




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May 31, 2018, 02:11:18 PM
 #273

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

I think this is because of those fake news that are giving people in the cryptocommunity negative thoughts that creates a panic, we all know that when there is a panic, the whole cryptoworld is being greatly affected, and that is the reason why the leaders and creators of the cryptoworld is telling people to keep calm and wait.
Spreading false news affecting this rapidly going down of price. Yes fake news has contributes also with regards to these patience is our mostly keys to succeed. This is not forever on down price however, price will still be increase.

Rich bitcoin whales are attempting to spread fear around the crypto community members. They aim to remove people from the market so that they can maximize their profit with pump and dump schemes.

People know this and they won't let it happen.
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May 31, 2018, 02:36:45 PM
 #274

the reason I am getting, bitcoin prices drops quickly because of news about bans on bitcoin activity but I think it does not affect. but in my opinion because bitcoin prices have property up and down.
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May 31, 2018, 02:38:20 PM
 #275

I heard some news that social media sites want to ban crypto in their platforms i dont know if this is already happen today but this is one of the reason why bitcoins rapidly goes down but also this quarter of the year  bitcoin always decreased so we dont have to worry about bitcoin will surely increase maybe 4th quarter of this year.
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May 31, 2018, 02:39:32 PM
 #276

Due to so many negative news spread about bitcoin, this leads the bitcoin going very down. Due to these situations people are getting panic and they are not ready to sell they are ready to hold and big investors are not ready to invest in bitcoin. These makes situation more worser, so the price of bitcoin continuously going down. Use this chance to buy bitcoin and save it for future. Once the price will high you can sell and gain profit.
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May 31, 2018, 02:41:14 PM
 #277

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

I think this is because of those fake news that are giving people in the cryptocommunity negative thoughts that creates a panic, we all know that when there is a panic, the whole cryptoworld is being greatly affected, and that is the reason why the leaders and creators of the cryptoworld is telling people to keep calm and wait.
Spreading false news affecting this rapidly going down of price. Yes fake news has contributes also with regards to these patience is our mostly keys to succeed. This is not forever on down price however, price will still be increase.

Rich bitcoin whales are attempting to spread fear around the crypto community members. They aim to remove people from the market so that they can maximize their profit with pump and dump schemes.

People know this and they won't let it happen.
There are several factors that can make bitcoin price going down like market manipulation of bitcoin whales and the panic selling due to fear and uncertainty doubt or FUD, and also I have an opinion that the rising of new coins in a crypto world also affect bitcoin price because people are selling their  bitcoin and making investment on the ICO and mostly they are holding multiple altcoins instead of bitcoin.
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May 31, 2018, 02:47:31 PM
 #278

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


Simply because cryptocurrency is volatile and we should just expect that the value might strike high or down anytime. Dropping down of the price is normal and is just part of it's changing value but it is not permanent. No matter how low it's value might drop, it would still strike high and recover in time.
It has been its nature, due to supply and demand, media, controversies, negative views about the technology, and a lot of substantial factors. Market is always moving, and price could rise or fall. One should learn to realize how market works to reduce the level of panic, stress, and worriness, and to be positive that when price declines, it can absolutely soar.
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May 31, 2018, 03:10:05 PM
 #279

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

For the long user of bitcointalk and pro about bitcoin price that could analyze the and predict by his own prediction.

 
As you can see the chart by the early month of the year bitcoin price is normally low and it is going up predicted by the near end of the month like november and december.
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May 31, 2018, 03:18:19 PM
 #280

For me, the reason why bitcoin’s value is quickly dropping because of some issue like banning bitcoin to some country because to some reason and decreasing level of bitcoin’s acceptance.  We all know that bitcoin’s community is growing but knowing that this cryptocurrency acceptance is plummeting I’m sure that you will spend less the money that you spend because you don’t want to lose your money. The primary reason why bitcoin price is going down because to that influential person speak about bitcoin and giving bitcoin a negative effect.  Smiley
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