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Author Topic: Why the price of bitcoin rapidly going down  (Read 5630 times)
ninio
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June 12, 2018, 01:13:45 AM
 #361

It is because bitcoin is volatile so its normal that it will dump its price because of the supply, also lots of issue and big holders of bitcoin are sell their holding coins thays why the market are struggling at this moment but its all temporary we all know that it will recover and back again to their place.
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June 12, 2018, 01:32:57 AM
 #362

There can be a various reasons behind the price drop but the most important in my opinion is the increasing popularity of alt coins. The money invested in crypto is now divided in so many coins.
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June 12, 2018, 01:36:53 AM
 #363

It is because bitcoin is volatile so its normal that it will dump its price because of the supply, also lots of issue and big holders of bitcoin are sell their holding coins thays why the market are struggling at this moment but its all temporary we all know that it will recover and back again to their place.

Of course all of this circumstances happen on bitcoin was just a temporary and you're right maybe there's some big whale dumping his coin fo his/her necessary Intention. And now while still on dump, IfI were those who panic, keep relax and Invest more because you know bitcoin unstoppble once It will boom Its price by the time will come.

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June 12, 2018, 01:51:30 AM
 #364

This is nature of free market. you cant expect non stop rising! its not possible at all. we ve seen alot of rise & fall in crypto world. so get used to it.

That's right, this behaviour of market is sometimes good in order as well to gain more investors since the market is down many of newbies will buy cheap coins.

When btc is down everything will follow. I've a lot of news in the past days as stated above response that caused this crash. If it is down for sure there is no way to go but UP.

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June 12, 2018, 02:11:18 AM
 #365

As we all know, crypto business is all about buying and dumping of coins and there are times that many people are dumping due to fake news and FUD's, that is why market price drastically goes down. 
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June 19, 2018, 01:11:28 PM
 #366

I have always tried to find out why the bitcoin prices are going down and up in a certain time. It seems like many factors are making bitcoins like that. Moreover, the factors that cause bitcoin prices to decline, it is more and more difficult to guess than that makes bitcoin increases. Perhaps some negative news such as the rejection of bitcoin and its reduced bitcoin enthusiasts can make the bitcoin price decrease.
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June 19, 2018, 01:24:24 PM
 #367

It is not going down. If you look closely at the charts, then you can easily see that the prices have remained stable within the $8,000 to $10,000 per coin range for the past two months. And they are likely to stay there until the end of this year.
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June 19, 2018, 10:15:15 PM
 #368

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 can see that the bitcoin girl has peaked and jumped by the end of 2017 when it hit $ 19800 and then plummeted to $ 6700 at the current time in just six months. I believe that the strong decline of bitcoin is due to the fact that people have recognized the exact bitcoin as a bubble, bitcoin prices are fluctuating sharply and echoing, bitcoin prices drastically reduced the fearful crowd and sold off bitcoin bitcoin prices continue to fall sharply and bitcoin bubbles are starting to break.
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June 19, 2018, 10:33:00 PM
 #369

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 can see that the bitcoin girl has peaked and jumped by the end of 2017 when it hit $ 19800 and then plummeted to $ 6700 at the current time in just six months. I believe that the strong decline of bitcoin is due to the fact that people have recognized the exact bitcoin as a bubble, bitcoin prices are fluctuating sharply and echoing, bitcoin prices drastically reduced the fearful crowd and sold off bitcoin bitcoin prices continue to fall sharply and bitcoin bubbles are starting to break.
Its price going to down in this time so people should invest in this golden time but some people think that it will fall forever and never going to high so that's why they are very depress and sell their all bitcoin in low price and that's why they take lose so the price of bitcoin is going to more down, so people should take some patience and hold their bitcoin for long time because bitcoin price is rapidly high.

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June 19, 2018, 10:37:52 PM
 #370

Yes you might correct all of this are temporary because as we know that btc price will comeback to its original or huge price either so what we gonna do now is wait until its comeback.

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June 19, 2018, 10:43:27 PM
 #371

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.

Market is Volatile, it react to any news good or bad, price value of Bitcoin may goes down and goes up again, market movement is dependent on the volume of investment by the investors, the behavior of investors also have a possible impact on the Bitcoin price, level of confidence in the market trading, and the issue on Banned, Scammer, and Regulation by the government financial institution who are critical on Bitcoin control.

 
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Bonsaiav
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June 19, 2018, 10:51:20 PM
 #372

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 can see that the bitcoin girl has peaked and jumped by the end of 2017 when it hit $ 19800 and then plummeted to $ 6700 at the current time in just six months. I believe that the strong decline of bitcoin is due to the fact that people have recognized the exact bitcoin as a bubble, bitcoin prices are fluctuating sharply and echoing, bitcoin prices drastically reduced the fearful crowd and sold off bitcoin bitcoin prices continue to fall sharply and bitcoin bubbles are starting to break.
Its price going to down in this time so people should invest in this golden time but some people think that it will fall forever and never going to high so that's why they are very depress and sell their all bitcoin in low price and that's why they take lose so the price of bitcoin is going to more down, so people should take some patience and hold their bitcoin for long time because bitcoin price is rapidly high.

I think not like that, right now bitcoin prices are moving between $ 6.745,72 - $ 6.776,72 and then back again $ 6.749,72 it looks like bitcoin is trying to struggle to increase its value, but somehow?... it seems there's something that suppresses its value.

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June 19, 2018, 11:33:40 PM
 #373

     The price of bitcoin is rapidly going down because of people panicking over their investments. I believe that they are afraid that they might lose their funds so they take out their investments before the price drops. But even with the fact, I believe that this is not a big problem because there are people who still know better plus all the whales that has plans and won't let bitcoins fall too low that it may cease to exist.

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June 19, 2018, 11:50:12 PM
 #374

falling and rising prices are normal in crypto because it is already characteristic of crypto, not to worry and panic because it's only temporary, bitcoin prices will soon recover and have a high price again, so be patient
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June 22, 2018, 11:46:14 AM
 #375

Bitcoin price goes down rapidly because of low demand and the negativity of people around Bitcoin. People gives negative feedback about Bitcoin than can make others fdeling discourage. They just always saying bad things about Bitcoin and may be one of the reasom why Bitcoin is rapidly goes low.
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June 22, 2018, 01:01:51 PM
 #376

When ever the price of bitcoin is going down rapidly means there will be specific reasons behind it for such massive selling. The market  movement generally  based on the rumors. There will be negative and positive rumors in connection with the bitcoin. If there is any type of positive rumors to bitcoin there will be massive buying in the market and such negative rumors there will be massive selling in the market .We can see the price variations in the market accordingly.

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June 22, 2018, 01:38:37 PM
 #377

I think the rapid dropping of price is due to some people that until now still selling their bitcoin in low price because they want to cut their losses due to continous fluctuation of the almost all cryptocurrency in the world market.
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June 22, 2018, 01:44:47 PM
 #378

I think the decline in bitcoin prices due to the sale of profits already obtained by investors simultaneously so that large investors can buy bitcoin at a cheap price.
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June 22, 2018, 01:48:38 PM
 #379

I think the decline in bitcoin prices due to the sale of profits already obtained by investors simultaneously so that large investors can buy bitcoin at a cheap price.
News across all news channels that cryptocurrency exchanges have been hacked in South Korea. That's why bitcoin is falling so fast!
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June 22, 2018, 03:13:25 PM
 #380

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
Lack of support and resistance is the main reason why the price of the bitcoin is continuing to decline. There are many investors who are withdrawing their money becuase of the fake news that are continuing to spread in the market.

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