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Author Topic: Why the price of bitcoin rapidly going down  (Read 5630 times)
pey
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May 06, 2018, 08:13:16 PM
 #61

That's about risk, if there will be negative outcome from such an international forum, it would affect the recognition of bitcoin thus rising risk for investors, as we don't want to take more risk and lose money, we sell it according to news.

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May 06, 2018, 08:15:36 PM
 #62

It is normal for now, the hype has gone down so the price is unstable and highly manipulated. So if you are trading, get Tether and wait until it goes stable.
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May 08, 2018, 05:42:11 PM
 #63

The bitcoin price drops rapidly, rising rapidly. Lots of bad news about bitcoin that causes decrease, so demand decreases. The bad news is gone, the demand is a lot, and the bitcoin price goes up again. Yesterday bitcoin went down but after the G20 statement bitcoin bounced back. And public confidence increased after the statement.

Bitcoin price always high movement and its very usual. Bitcoin price right now rising again and hopely this movement will continue until reach highes price again at $19k. Better have believe on bitcoin because its profitable if we hold it

That is true. BTC is a very volatile cryptocurrency. However, I believe that finally, the time when Bitcoin will grow has come: just wait a bit, people.
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May 08, 2018, 05:55:52 PM
 #64

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

Why the price of bitcoin rapidly going down, there is several factor. when the demand is lower than supoly, the market will go down. The negative news also affects the bitcoin market. it is my opinion.
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May 08, 2018, 06:31:27 PM
 #65

This is the result of high volatility, moving prices can be very fast either when up or down. But, we all have to be prepared with all the risks that will befall when deciding to join bitcoin. I'm not surprised the price drops so fast because all the pristine crypto prices are controlled by its users especially the big holders.

 
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May 08, 2018, 06:37:58 PM
 #66

The price of bitcoin is going down is common in the cryptomarket. Always the price would goes up and down. There are so many negative news is coming about bitcoin. Like many countries will going to ban cryptocurrency. This would affect the crypto market. Now there is small fluctuations only going on. Neither low not high, but it is in increasing mode. The market is now return to its back will.leads the bitcoin price will increase in future.
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May 08, 2018, 06:39:30 PM
 #67

Keep an eye on the situation on the market, now is growing. I think that the fall of Bitcoin was staged, so that someone gives out actively purchased. And now you can grow it when the purse is full of riptovaljutoj.

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May 08, 2018, 06:42:19 PM
 #68

This is the result of high volatility, moving prices can be very fast either when up or down. But, we all have to be prepared with all the risks that will befall when deciding to join bitcoin. I'm not surprised the price drops so fast because all the pristine crypto prices are controlled by its users especially the big holders.
Having other options should be plan properly as fluctuations really damaging your investment, make sure that we do have some other alternative plans or else we should keep holding, seeing the market falls is always part of the cycle, bitcoin might dropped after gainers sell their holdings, we must be prepared and take a deeper assessment in order to survive and also gain from this ride.

 
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May 08, 2018, 07:06:34 PM
 #69

This is the result of high volatility, moving prices can be very fast either when up or down. But, we all have to be prepared with all the risks that will befall when deciding to join bitcoin. I'm not surprised the price drops so fast because all the pristine crypto prices are controlled by its users especially the big holders.
Having other options should be plan properly as fluctuations really damaging your investment, make sure that we do have some other alternative plans or else we should keep holding, seeing the market falls is always part of the cycle, bitcoin might dropped after gainers sell their holdings, we must be prepared and take a deeper assessment in order to survive and also gain from this ride.

I above any members does not confirm the reason for the dump in the market. Please can share the information if know what is reason behind this dump mate. Normally I do not come to this section. Since the price falls little today.
I came here to see the reason for this dump.
As I research on Coindesk news site, I see some huge number mining farms are being raided and caught without paying taxation.
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May 08, 2018, 07:11:57 PM
 #70

Actually from the point of view of technical analysis such fluctuations of Bitcoin are natural. Reasons can be different: whales manipulations, decisions of governments, rumors... I think that the reason of current correction is rumor around decision of SEC about does the Ethereum belong to a security or not.
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May 10, 2018, 09:17:01 AM
 #71

The bitcoin price drops rapidly, rising rapidly. Lots of bad news about bitcoin that causes decrease, so demand decreases. The bad news is gone, the demand is a lot, and the bitcoin price goes up again. Yesterday bitcoin went down but after the G20 statement bitcoin bounced back. And public confidence increased after the statement.

Bitcoin price always high movement and its very usual. Bitcoin price right now rising again and hopely this movement will continue until reach highes price again at $19k. Better have believe on bitcoin because its profitable if we hold it

That is true. BTC is a very volatile cryptocurrency. However, I believe that finally, the time when Bitcoin will grow has come: just wait a bit, people.
What is more volatile, have most amazing results. Bitcoins are under consideration, so I want to add up here that all those people who are working with bitcoins and earning some amazing money. You people can earn the amazing out of even little investment. We all know the fluctuating nature of bitcoins and they are completely making good yielding at the end of day.
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May 11, 2018, 09:25:38 PM
 #72

Entering into the crytocurrency world, I realized that Bitcoin has been remain on the lips of most crypto hunters. My exposure to cryptocurency last year got me so amazing at the price of just 1 bitcoin that, I decided to work harder. Early this year, I realized a sumptuous fall in bitcoin which got me wondering. Per some articles I read and other news I heard, some factors are accounting for the drop in the prices of bitcoin. I found out that, the big time investors, wealthy people such as Bill Gate have spoken against bitcoin,and this has got people scared of investing into bitcoin. Again, some countries have ban the use of bitcoin while other countries are planning to ban bitcoin usage and this has inculcated fear in investing in bitcoin. Per my analysis, all these factors contribute to why bitcoin is rapidly going down.
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May 12, 2018, 04:46:35 AM
 #73

It is normal for now, the hype has gone down so the price is unstable and highly manipulated. So if you are trading, get Tether and wait until it goes stable.
That's right, we don't even think that crypto will loose it's potentiality to grow just because of having such scenario. We might say that there is a huge manipulation in the market but there is no proof of such doings. A lot of factors to consider but we can't figured it out what's the main reason of going down.
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May 12, 2018, 05:39:32 AM
 #74

Some reasons are there are many panic sellers they're afraid and thinks that bitcoin will end and their investments will turn into zero. social media is one of the source of fake news and some articles you can read that bitcoin will go to its end so people believed in this fake articles then bitcoin will drop. nowadays bitcoin is stable in its price but as a trader you should learn to wait until bitcoin price rise again.
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May 12, 2018, 05:56:43 AM
 #75

It is normal for now, the hype has gone down so the price is unstable and highly manipulated. So if you are trading, get Tether and wait until it goes stable.
That's right, we don't even think that crypto will loose it's potentiality to grow just because of having such scenario. We might say that there is a huge manipulation in the market but there is no proof of such doings. A lot of factors to consider but we can't figured it out what's the main reason of going down.
This is the beauty of crypto, literally no one knows what's going next. Thus, it's manipulated by some people or industry, but recover soon as always. Anyway, the smart money will have already bought into this sell off. It will happen again and again, here we just keep our eyes open.
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May 12, 2018, 05:59:53 AM
 #76

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 factors that affect the volatility of bitcoin but I think the primary reason for the rapid decrease of bitcoin is because it went on its peak last December 2018,at about 20 000 us dollars.Because of the high price,many people are selling their bitcoins which caused for the rapid decrease. If many people bought bitcoin, the price will surely increase and if many people sold their bitcoins, the price will go down.
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May 12, 2018, 06:28:54 AM
 #77

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 price of bitcoin can be affected with the news about crypto currency as the investors will get panic and opt to sell their coins regardless if they had profits or not. Also, some people wants to pull down the price in order for them to buy at lower price.

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May 12, 2018, 06:32:35 AM
 #78

It dropped recently because in South Korea authorities raided the cryptocurrency exchange Upbit.  There was also a sell-off of some BTC obtained by the FBI I believe, I'm not familiar with the details there.  The exchange getting raided is definitely the bigger news of the two, as it scares the shit out of people who have bitcoin so they immediately dump, causing price drops.

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May 12, 2018, 06:56:00 AM
 #79

I just heard the fluctuating news https://www.fastcompany.com/40571522/bitcoin-price-drops-again-in-the-wake-of-mt-gox-liquidation-speculation since three days ago. and if really this is the main cause, it does not seem to take long for BTC to get the price recovered. Let's say just one more week will return to normal.
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May 12, 2018, 07:05:07 AM
 #80

bitcoin has plummeted because of the news does not look good from a few countries and the banning of advertising on some of the social media. This made quite a bitcoin has decreased. but it is exacerbated by many who took off and sell their bitcoin so it's worth getting down.
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