Bitcoin Forum
January 29, 2020, 01:12:21 AM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 »
  Print  
Author Topic: Why the price of bitcoin rapidly going down  (Read 5640 times)
agentx44
Sr. Member
****
Offline Offline

Activity: 700
Merit: 267

CryptoTalk.Org - Get Paid for every Post!


View Profile
June 30, 2018, 04:43:24 PM
 #501

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 own opinion, people starts selling their bitcoin when the price starts to fall down, that is why it continues to fall down. Also, there are nany countries started to banned bitcoin and there are some false news about it, causes bitcoin's price to decrease.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
YoBit AirDrop $|
Get 700 YoDollars for Free!
🏆
1580260342
Hero Member
*
Offline Offline

Posts: 1580260342

View Profile Personal Message (Offline)

Ignore
1580260342
Reply with quote  #2

1580260342
Report to moderator
1580260342
Hero Member
*
Offline Offline

Posts: 1580260342

View Profile Personal Message (Offline)

Ignore
1580260342
Reply with quote  #2

1580260342
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1580260342
Hero Member
*
Offline Offline

Posts: 1580260342

View Profile Personal Message (Offline)

Ignore
1580260342
Reply with quote  #2

1580260342
Report to moderator
lestariptr
Full Member
***
Offline Offline

Activity: 288
Merit: 100



View Profile
June 30, 2018, 04:46:42 PM
 #502

Bitcoin prices dropped dramatically perhaps due to much negative news about bitcoin. Or there are some other factors that we do not know. But do not worry about that. There will be a recovery later this year. So you just have to wait and be patient soon.
reighbut2017
Jr. Member
*
Offline Offline

Activity: 252
Merit: 2


View Profile
June 30, 2018, 05:02:38 PM
 #503

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

Im not really familiar of the reason why cryptocurrency market is falling since i did not study very well im just investing and hoping that i can earn too much gain like what my friends told me before  that cryptocurrency investment will never get lost.
verziagra
Newbie
*
Offline Offline

Activity: 210
Merit: 0


View Profile
June 30, 2018, 05:09:01 PM
 #504

The factors that affect the current price of crypto are the issue of rejection or banned and the hacker who steals the user's assets and sells them cheaply. hope I hope the crypto market will recover and increase.
Bitexpert2017
Member
**
Offline Offline

Activity: 224
Merit: 10


View Profile
June 30, 2018, 05:31:59 PM
 #505

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.
Lady Coquet
Sr. Member
****
Offline Offline

Activity: 457
Merit: 251



View Profile
June 30, 2018, 07:35:51 PM
 #506

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.
Its true the reason why the price of bitcoin is rapidly going down because a lot of people starts to sell their bitcoin in low price, that is why the price of it continues to decrease. Another thing that makes bitcoin price falls down because of banning bitcoin in other countries that it starts to lose its investors.
jlong187
Member
**
Offline Offline

Activity: 255
Merit: 10



View Profile
June 30, 2018, 08:00:11 PM
 #507

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 seen that not the last roll here plays the simple panic on the market, while people are selling their actives in Bitcoin and from other cryptocurrencies.
DiabolicAnt
Full Member
***
Offline Offline

Activity: 420
Merit: 100



View Profile
June 30, 2018, 08:46:31 PM
 #508

I thing that it just goes together with the market, it cannot go against it so there's nothing surprising about that, isn't it?

▀▀▀▀▀▀     SWIPE  │ Monetizing mobile engagement data, on the blockchain    ▀▀▀▀▀▀
▄▄▄▄         Whitepaper       Telegram       Twitter       Medium       Reddit          ▄▄▄▄
jeluhtajem
Member
**
Offline Offline

Activity: 252
Merit: 10


View Profile
June 30, 2018, 09:17:46 PM
 #509

BTC has a big price shock. I think it may be due to the vulnerability of funds.

Its other economies are too small and too small to be controlled.
Unlitinated
Newbie
*
Offline Offline

Activity: 29
Merit: 0


View Profile
June 30, 2018, 09:24:33 PM
 #510

So there is always ups and downs at any market cause this is the entity of any global platform of any material or non-material products traded on it. So the cores of BTC downfall are: first, negative artificial circulating information in majority of mass media pumping the distrust to crypto market; second, the activity of whales with huge money targeting to devaluate the price of BTC (swapping it for fiat mainly) with higher rate and after the reaching some bottom, they start buying it again with the lowest price in huge amounts making the rush among small fishes which start buying crypto after the price is pretty raised again. This makes huge profits to whales who trim all the rest when at the peak of the rush. Then they start running off it again and again. So this merry-go-round keeps go round all the market in favor to them. But who knows this trick can benefit out of this switching on cold logic and mind.
Exoskeleton
Sr. Member
****
Offline Offline

Activity: 338
Merit: 251


View Profile
June 30, 2018, 09:45:06 PM
 #511

The last twenty or so posts have some of the worst grammar. Im not sure if you guys are trolling or what...
a2offrb
Full Member
***
Offline Offline

Activity: 454
Merit: 101


RISE WITH RAYS FOR THE FUTURE


View Profile
June 30, 2018, 09:53:08 PM
 #512

This incidence can not be ruled out in the history of Bitcoin, hence the volatility caused by obvious variables that are temporal which all are subtle to changes positively when situation turn around. Notable among these variables are FUDs, Big Whales/Sharks, Exchangers Hacking, Big Network Company like Facebook unwarmly perception and more based at the angle with which individual economy sees the Coin.

]–]  Announce  ]–[    RAYS NETWORK    ]–[  Whitepaper  [–[
A Blockchain Based On Customized DPOS And Bulletproof Protocol
[–[   RISE WITH RAYS   [–[  Telegram  |  Twitter  |  Facebook  ]–]
Rufsilf
Sr. Member
****
Offline Offline

Activity: 1078
Merit: 264


View Profile
June 30, 2018, 09:56:55 PM
 #513

It only means that there is a panic selling that is happening right now and that panic selling driving the price of bitcoin to go down even further but for the people who are used to this types of scenario for bitcoin, they are not getting affected by this happening and they are just taking advantage of this by buying cheap coins.
Deubila
Member
**
Offline Offline

Activity: 252
Merit: 10


View Profile
June 30, 2018, 11:21:07 PM
 #514

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.
I think that one of the reasons why virtual currencies have disappeared from the market to give way to Bitcoin's dominance may stem from the government's desire to manage this kind of assets by law. After the ban on transactions, many countries are changing the policy to control more closely. With the legal support and attention from investors, the collapse of Bitcoin is unlikely or only temporary.
Neraj Evad
Newbie
*
Offline Offline

Activity: 140
Merit: 0


View Profile
July 01, 2018, 12:18:17 AM
 #515

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.
I think that one of the reasons why virtual currencies have disappeared from the market to give way to Bitcoin's dominance may stem from the government's desire to manage this kind of assets by law. After the ban on transactions, many countries are changing the policy to control more closely. With the legal support and attention from investors, the collapse of Bitcoin is unlikely or only temporary.
That might the first reason why prices of bitcoin is rapidly going down, because of people of panic selling and also the big capitalist might also be selling many coins caucing the market price to go down rapidly.
yusupjatigumilar
Full Member
***
Offline Offline

Activity: 644
Merit: 100



View Profile
July 01, 2018, 12:27:33 AM
 #516

because so many people want to take advantage of bitcoin prices some time ago so they sell bitcoin they have, this makes bitcoin prices to go down because of the number of sales exceeds the number of purchases, and this also trigger a domino effect to make some ordinary people do sell panic
megatrix
Member
**
Offline Offline

Activity: 216
Merit: 22


View Profile
July 01, 2018, 03:42:56 AM
 #517

My personal take on this rapid downtrend of Bitcoin's value is due to all the rumors we keep on hearing regarding it, like "Bitcoin is dead"; "the bitcoin bubble is about to burst"; "the end is near, sell your coins"; "Bitcoin is banned all over the world" and all the others. This is killing the people's interest on Bitcoin, giving a lot of fear and doubts to potential investors even to the people who are already in the game, so once the fear, uncertainties and doubts sink in, more often than not, they will do panic selling which is not going to help anyone at all.

● sgamepro ●   ❐ Telegram ❐   ❐ Whitepaper ❐     ● sgamepro ●
███   PLAY MOBILE GAMES MINE   ███
████ █     CRYPTO-TOKENS EARN REAL MONEY █ ████
Marcsymon
Member
**
Offline Offline

Activity: 322
Merit: 10


View Profile
July 01, 2018, 03:58:41 AM
 #518

My personal take on this rapid downtrend of Bitcoin's value is due to all the rumors we keep on hearing regarding it, like "Bitcoin is dead"; "the bitcoin bubble is about to burst"; "the end is near, sell your coins"; "Bitcoin is banned all over the world" and all the others. This is killing the people's interest on Bitcoin, giving a lot of fear and doubts to potential investors even to the people who are already in the game, so once the fear, uncertainties and doubts sink in, more often than not, they will do panic selling which is not going to help anyone at all.

Agree with your great perspective, in addition with the current economic crisis in each countries it greatly affect bitcoin price also to rapidly going down, because great investors are not really investing on it due to lots of supply and low in demand that results to non profitable investment at all. But this is normal of cryptocurrencies invironment that sometimes fall but it will recover in the end.
InKiTy38
Newbie
*
Offline Offline

Activity: 112
Merit: 0


View Profile
July 01, 2018, 07:53:34 AM
 #519

Bitcoins are rapidly declining because of the many reasons that their prices have fallen sharply, and some have argued that as a result of the massive growth of the mayor, it seems to me to be a normal rule.
Betwrong
Legendary
*
Offline Offline

Activity: 1722
Merit: 1098



View Profile
July 01, 2018, 01:54:13 PM
 #520

It only means that there is a panic selling that is happening right now and that panic selling driving the price of bitcoin to go down even further but for the people who are used to this types of scenario for bitcoin, they are not getting affected by this happening and they are just taking advantage of this by buying cheap coins.

Number of people who can be affected by FUD and do panic selling is too small to affect the market. The price is falling only because people with huge amounts of BTC are selling their coins in great numbers. Bitcoin holders consist of three types: whales, experienced holders and newbies. Only newbies do panic selling losing their money because of that, but they are not affecting the market, they just losing their money, that's all.

████████████████████████████
████████▀▀ █▀ █▀ ▀██████████
█████████▄ ▄▄▄▄▄▄███████████
██████████▀     ▀  ▀████████
███████▀ ▀  ▄█▀▀▀█▀▀████████
██████▄      █▄  ▀▀  ▀██████
██████         ▄▄█▄ ▄ ▀█████
█████ ▄         ▀▀ ▄ ▀ █████
██████▌          █▀█▀ ▐█████
███████  ▄▌         ▄ ██████
████████▄█         ▄████████
█████████▀     ▄▄ ▄█████████
████████████████████████████
.JACKMATE'S...........
.
MAJESTIC..
████████████████████████
███████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
████████████████████████
.
..WIN 1 BITCOIN ON EVERY PREMIER LEAGUE MATCHDAY..
████████████████████████████████
████████████▀█▀ ▀█▀█▀███████████
███████████▄ ▄▄▄▄▄▄▄████████████
███████████▀▀▄▄▄▄▄▄▄▄███████████
█████████▀▄ ██▀▄▄▄ ▀ ▄▀█████████
███████▀ ▀█████▄▄▄█▄▄▄██████████
███████▀▄████████▀  ▀█ █▐███████
███████ ▀█████████▄█▀▀██ ███████
████████ ███▀██████ ▄ ██ ███████
████████▌▐▀▄ ██████████ ▄███████
█████████▄██▌▐█████▀██ █████████
████████████▄▀▀▀▀▀▄ ▀▄██████████
████████████████████████████████
.
.JOIN US - IT'S FREE! .
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!