Why the price of bitcoin rapidly going down

[khimer_rangers]

bad news about bitcoin greatly affects bitcoin prices, because many people panic and sell it.but it can be a whale game that will buy at the lowest price by making fake news news,and about restrictions in various countries it could drop the price of bitcoin.

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[BILGPS]

In my opinion the price fall now is because of the greater supply than demand so the price is temporarily goes down and it is true that with a price fall the people hold their currencies for future while some people trade with skill so they make profit with it and i think that the present time is suitable for bitcoin because near future the price will rise.

[chalkboard17]

bad news about bitcoin greatly affects bitcoin prices, because many people panic and sell it.but it can be a whale game that will buy at the lowest price by making fake news news,and about restrictions in various countries it could drop the price of bitcoin.

The more the price drops, the more panic bitcoin users become, the more bitcoin they sell. It is like vicious circle which keeps making the price of bitcoin get lower and lower. I know it is distressing to lose your money because of the falling price but bitcoin has its ups and downs and sometimes the downtrend is just taking a bit long. I don't know for sure what has cause this tremendous drop in the price of bitcoin but I do think that our attitude toward bitcoin affects a lot. If we are negative and lose faith in bitcoin, it will eventually come to a halt. But if we believe in bitcoin and wait patiently, the price of it will gradually increase again. Bitcoin has gone a long way since its birthday now, it deserves a future better than this.

[Gheka]

Bitcoin is volatile it should go down to increase its price you should not worry about it you 
Have to buy more coins when the price falls. About the reason well there's any reason why bitcoin fall any negative impact can take bitcoin's price down.
False news, Selling coins in panic, or the banned of cryptocurrency countries

If we say we are not worried, it is probably a lie, we still have certain concerns but it is not something so big when this situation is frequent, many people always think this is due to news and panic of newcomers, this also has a reasonable and accurate part. However, behind the curtain of the story and bad news about bitcoin, we should think of the forces and the big groups in the back, they are the people in charge of this game, everything, from news to panic, they always embroider and weave everything to get to the final destination, which is money

[Kirito-kun]

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

It is definitely temporarily because bitcoin is fluctuative meaning it cannot stay to particular price for a time whethet it is huge price or dump price. Bitcoin falls because of FUD and to other circumtances like banning the exchanger but, it will not last long because sooner or later whether we like it or not bitcoin will increase.

[prettymargaux]

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

Exactly, that's the point! The release of the LN is nearly at hand, and it's quite unpredictable, that's why bitcoin's price is going down. This kind of bitcoin's movement is positive to some and negative to others. Some are dumping bitcoin, because they fear that the decision of the SEC would not be favorable to the cryptoworld, while those who are wise enough, considerably the "whales", saw this the other way around. They are manipulating this dumping to get more bitcoin, so that when the decision comes out, which they positively consider, they can make more profit.

[Gumpfire]

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

Actually, the price of bitcoin is going down because people starts to sell their bitcoin and there are countries had banned bitcoin that is why bitcoin is losing some of its investors. Hoping that bitcoin could get its price back again like last year.

[Rose119]

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

Actually, the price of bitcoin is going down because people starts to sell their bitcoin and there are countries had banned bitcoin that is why bitcoin is losing some of its investors. Hoping that bitcoin could get its price back again like last year.

Don't worry because bitcoin can recover soon. Maybe not now because of other countries still banned it but I hope those countries where bitcoin banned is they will realize soon the used of bitcoin and
it's worth.

[cryptocurrencyguru]

bitcoin is in bear market and it is reacting rapidly to all the news coming in the media and many are doing panic selling so the bitcoin price is going down rapidly we can expect price pump by this year end

[concept2]

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

Actually, the price of bitcoin is going down because people starts to sell their bitcoin and there are countries had banned bitcoin that is why bitcoin is losing some of its investors. Hoping that bitcoin could get its price back again like last year.

That is not the true reason. There are many countries have already banned bitcoin but there is no effect at all. The main reason here is that the people already earned enough money from bitcoin, therefore, they decide to sell bitcoin for profit.

[mak2017]

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

It all comes down long term or short term view, bitcoin has given almost 200% since 2017 still, so i won't agree that price is falling.
Most of people do really care about short term, but this doesn't make sense as crypto market will be only growing, just look at the past years and compare it to present time.
What i've noticed personally, is that bitcoin doesn't have to grow whole year around like many people do think sometimes a grow for 1-2 months is more than enough to reach new heights.

[cizatext]

The price of bitcoin can be at any amount at any given period but what normally happen is low demands in the bitcoin market because since bitcoin operates on the law of demand and supply what ever happen to it demands it will have great effects on it market price because bitcoin operates base on it demands to determine it price.

[Karmakid]

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

The value of bitcoin might go down but it would always go back to it's normal price since it is volatile. We as hodlers should never doubt bitcoin for changing it's value because it is a part of it's characteristic. It is always changing but it is all worth the wait for us hodlers.

[sniper23]

Well, it's happening again. So another dump...


Next, time. Everyone!

[nicolesalv]

The value of bitcoin that dropping down continously because maybe of some factors like FUD's that spreading bad news about bitcoin and cryptocurrency to be banned in which I don't think it will happen in entire world..

[alibaba93]

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

You can see that the price of bitcoins in recent days is recovering very strongly, but the price of altcoin is still falling deeply, so I believe that at this time bitcoin prices are very easy to understand and is the thing. Adjustable bitcoin prices can increase dramatically as altcoin prices can recover. So you do not need to worry too much about bitcoin prices.

[piter_wip12592]

The reason I think is because sharks deliberately push down prices so they can buy more. Their cheap purchase will make them easy to control this market.

[putriangel]

Because there are newcomers who make bitcoin prices go down little by little because they panic to see the price of bitcoin dropped just a little and sell it because of it. Even though it should be if they are new, it is better not to directly invest in it because there are many risks they have to face. It's better if they know in advance about the new bitcoin investing in it.

[PlusOne88]

Prices go down for so many reasons, dome due to regulations and banning which creates FUD. Some are due to dumping of several volumes of bitcoin. We also have altcoins which may also affect bitcoin usage. All these creates an unpredictable market which will lead to many of the investors to move out after they do felt that they might just lose their investments.

[Sled]

Because there are newcomers who make bitcoin prices go down little by little because they panic to see the price of bitcoin dropped just a little and sell it because of it. Even though it should be if they are new, it is better not to directly invest in it because there are many risks they have to face. It's better if they know in advance about the new bitcoin investing in it.

We can't avoid that because there are people that are just going to invest in bitcoin without any knowledge or preparation just like they are being driven by the hype in the internet and that is why they are investing or putting money in bitcoin. The price of bitcoin is rapidly going down but it is best to get those cheap bitcoins rather than join the panic sellers.