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Author Topic: Why the price of bitcoin rapidly going down  (Read 5888 times)
Chrisjay29
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July 09, 2018, 02:42:38 AM
 #581

In my opinion the only reason why bitcoin rapidly go down. Its because of panic selling. Panic selling make the price of a currency low. If your not good on holding you should not invest in a currency that aim a long term investment. It will good if go to trading. Because trading is a short term investment and its good for those people who always panic when in comes holding
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Panunggalan
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July 09, 2018, 04:42:48 AM
 #582

because a lot of issue issues that want to fall bitcoin, so the bitcoin price will decrease day by day, in the future bitcoin price will be back to normal as before, I believe and I am sure.

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July 09, 2018, 07:14:49 AM
 #583

because a lot of issue issues that want to fall bitcoin, so the bitcoin price will decrease day by day, in the future bitcoin price will be back to normal as before, I believe and I am sure.

Yes I agree with you that there's a lot of false issues that comes in and spread to other people who dont have any knowledge about bitcoin due to this they judge and criticized bitcoin without knowing what the truth is.

Also because of it almost beginners do the panic selling because they are scared to lose all their money and went for nothing. Sometimes other people say that it is better to have little one than nothing. This is just a sample why the price is falling.



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Rainbot
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July 09, 2018, 07:27:12 AM
 #584

And that exactly except time and patience we can take? Nothing! Believe in the best and hope that the course will soon change and will grow, enriching those who have been waiting for this.  Roll Eyes
joburgtaxi
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July 10, 2018, 12:19:27 PM
 #585

It depends on many facts. First of all this period of time is not good for the economy. Summer is a period of time when's the market and Traders are waiting for the autumn when people start buying and selling something.

Bunsomjelican
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July 10, 2018, 01:33:02 PM
 #586

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 it is all temporarily only, bitcoin goes down maybe because of the Fud and the whaler investors could possibly manipulating it that's why it's

happening, but of course let us stay still and at ease to hold them until it recover its value again at the right time then bull run for sure will come

to us.
Birin016
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July 10, 2018, 03:01:25 PM
 #587

I think it is because of cryptocurrency whales. They manipulate the price of bitcoin thats why its rapidly down now. The real world is to give you have money real estate. The best for me to buy it is a new wallet and technology. The problem is the world of our government and I lean on your time to upgrade the world so they use it
Biggapp
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July 10, 2018, 09:21:39 PM
 #588

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 it is all temporarily only, bitcoin goes down maybe because of the Fud and the whaler investors could possibly manipulating it that's why it's

happening, but of course let us stay still and at ease to hold them until it recover its value again at the right time then bull run for sure will come

to us.
It is only because of the bitcoin volatile nature because the price of bitcoin use to get high and low, it is not good to lose your hope and sell our bitcoin at panic, bitcoin has really a higher potential to hold your bitcoin for long term o am sure soon the price of bitcoin will be high and our will be happy for having bitcoin in your life, it is only a short time period so you should buy more and more bitcoin instead of being worry and sell your bitcoin at panic so be patient soon the price of bitcoin will be high once again,
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July 10, 2018, 10:38:10 PM
 #589

In my opinion the only reason why bitcoin rapidly go down. Its because of panic selling. Panic selling make the price of a currency low. If your not good on holding you should not invest in a currency that aim a long term investment. It will good if go to trading. Because trading is a short term investment and its good for those people who always panic when in comes holding

Or alternatively, the price went down rapidly because it was a bubble and the market is restoring some sanity to what was unreasonable and unsustainable price levels. The core problem with Bitcoin is that in order to make money off it, you have to sell it to someone who will pay more for it than what you paid for it. This means that there are more and more people who have Bitcoin and are looking for people to sell to, which is a continually shrinking number as more people already own Bitcoin and are removed from the buying pool. So you have an increasing number of BTC holders looking to sell into a shrinking pool of buyers, and you can see over time how that will create a very distorted market that is inevitably going to crash. We've had a number of crashes over the years. The last one was only the largest.

Lucifers
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July 10, 2018, 10:52:22 PM
 #590

Maybe it's because of a small thing or we can call it as a person who sell bitcoin while panicking and it makes the price decrease little by little. Therefore if you are not ready to invest in it, better not.
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July 10, 2018, 11:47:12 PM
 #591

Maybe it's because of a small thing or we can call it as a person who sell bitcoin while panicking and it makes the price decrease little by little. Therefore if you are not ready to invest in it, better not.

Yes, I agree that the reason of this are people who are selling bitcoin because of panicking, also maybe those people who want to make bitcoin to have more low price.

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July 11, 2018, 03:05:04 AM
 #592

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 bitcoin price decreasing because there are some country that banned the bitcoin. In that case if there’s a country that banned the bitcoin then it results that the investors will decrease and its reflects to its price. Especially if those country where have many botcoin users.

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July 11, 2018, 04:14:25 AM
 #593

probably because of many negative issue issues about bitcoin, so bitcoin prices drop drastically, and bitcoin prices have been 2 months also not up, I now rarely earn from bitcoin

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July 11, 2018, 05:52:33 AM
 #594

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
Bitcoin is so volatile, do not worry if you see the price of the bitcoin is going down. Before you buy bitcoins, you should fully understand how it works for you to not worry and panic.
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July 11, 2018, 08:35:46 AM
 #595

I'm pretty much new in here but I think of the price and market of bitcoin quite similar with the forex. To be honest, I personally think bitcoin is really an additional currency in today's time, a digital currency. And like any currency, its value is fluctuating due to many different reasons. But I believe there are two major reasons for this fluctuation. (1) First is the integrity of the bitcoin and how the people see it. This includes the factor that some are banning bitcoin and has a very negative perspective about it. Although, one thing that people may consider here is that, the riskier the investment or currency is, the greater the possible reward. Another (2) is that, Bitcoin is also affected by the law of supply and demand, which can make the price of bitcoin drop so much or make it skyrocket. This may sound very generic but this is my honest opinion at this point in time.
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July 11, 2018, 11:21:21 AM
 #596

I'm pretty much new in here but I think of the price and market of bitcoin quite similar with the forex. To be honest, I personally think bitcoin is really an additional currency in today's time, a digital currency. And like any currency, its value is fluctuating due to many different reasons. But I believe there are two major reasons for this fluctuation. (1) First is the integrity of the bitcoin and how the people see it. This includes the factor that some are banning bitcoin and has a very negative perspective about it. Although, one thing that people may consider here is that, the riskier the investment or currency is, the greater the possible reward. Another (2) is that, Bitcoin is also affected by the law of supply and demand, which can make the price of bitcoin drop so much or make it skyrocket. This may sound very generic but this is my honest opinion at this point in time.

There’s always something happening in the cryptocurrency world. As news gets out to the public, investors react and trade bitcoin accordingly.Countless factors affect bitcoin’s price, and it’s difficult to predict what bitcoin will be worth in the future.
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July 11, 2018, 11:28:41 AM
 #597

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

Its good to know that bitcoin price is a low price because we can buy bitcoin with a low price. And this is our cHance to buy bitcoin with a cheaper price. All we need to do is wait for who want to sell their bitcoin.

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July 11, 2018, 12:07:33 PM
 #598

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

a decrease or a rise in the price in that trade is common, both words are inevitable. but siptnya one after another, how to deal with it yes not with a panic but with a cold head. because surely this is only temporary.
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July 11, 2018, 01:19:43 PM
 #599

After such a rapid fall, bitcoin started to rise again. Over the past day, litecoin viruses are almost 2%. This is a good sign. I think that soon the bitcoin course should stabilize. Now is the time to buy cryptocurrency.

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July 12, 2018, 04:15:14 PM
 #600

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.
Again the same answer that in my opinion whales is responsible for fall in the price. They turn the market trend according to their well which is not good for bitcoin and small investors as well. You are right that investors should be patient and wait for good times to come. This fall is for the time being and soon in the near future we will see rise again in the price.
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