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Author Topic: Why the price of bitcoin rapidly going down  (Read 5351 times)
Conthongon234
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August 04, 2018, 10:27:01 AM
 #801

The number of people interested in Bitcoin as well as the number of trader access to the trading floor has dropped sharply. At present, the situation is still not good.
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August 04, 2018, 10:46:48 AM
 #802

Due to the increasing quality of bitcoin digging, large-format machines need to be renovated. That also makes the copper bitcoin decrease, but no one predicts it will continue to increase.
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August 04, 2018, 10:48:25 AM
 #803

There's nothing we can do about the current price all we need is stop selling to stop the dump. The whales owns these markets they can always get the price that they want, but If we try to realize it same pattern occurs yearly so a promise of lambo is seasonal. ETF's and mass adoption are the main catalyst for the next bull run and it will happen soon hopefully.

       
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August 04, 2018, 11:49:26 AM
 #804

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 opinion there are actually many factors that influence the development of bitcoin prices. one of them was news about the ban on ICO advertisements on some social media such as Facebook and Twitter yesterday affecting many new account users, which made them panic. and their panic is affecting the market. bitcoin up and down is also influenced by the amount of supply and demand.

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August 04, 2018, 12:29:11 PM
 #805

The price of bitcoin rapidly going down because now is bear market session. If you are in crypto market from at least 2013 or 2014 you will not panic because of this down. We already passed this situation and the situation in 2014 - 2016 worst then todays market. This down also because bitcoin and whole marketcap rally too high thats why it needs correction and searching for bottom. After we reach the bottom and bitcoin halving happen we will see another rally.


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August 04, 2018, 12:44:43 PM
 #806

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
Temporary or not it is still the same that we know bitcoin market price will move depending on its demand. So this means that market price could rapidly go down or rapidly goes up. No one could manipulate the movement for market price for bitcoin. As other member had posted in one of those threads that bitcoin is the vehicle and we run it.
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August 04, 2018, 01:21:58 PM
 #807

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

at this time very many factors cause the price of bitcoin to continue to decline. I also heard the news that the price of bitcoin is very difficult to rise again. the factor that causes bitcoin prices to fall because many countries prohibit bitcoin and there are also many ICO projects that are scam.

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August 04, 2018, 01:37:18 PM
 #808

The growth of the bitcoin from few hundred dollars to 20,000$ was very fast. A pullback was in order. This is just market stabilizing itself and all the coins are getting to the price they deserve. Besides there are whales who can control the market whenever they want. So this manipulation and stabilizing phase combo has actually made the market unstable but it will all end soon and market will work just fine.
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August 04, 2018, 02:12:59 PM
 #809

there may be several factors that cause the price of bitcoin to drop dramatically, but we should not be discouraged because in the next few months bitcoin will rise again ...
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August 04, 2018, 02:19:11 PM
 #810

We already see that the price has slightly grown, given that the states support and begin to regulate Bitkoin, will soon go to the stock exchange - and this will grow. Everything will be well, confidently move up.
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August 04, 2018, 02:29:00 PM
 #811

This is the problem when you are looking at the short-term charts. One year ago, the price of Bitcoin was around $2,000 per coin. The current prices represent more than 250% increase from that level.


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August 04, 2018, 03:15:44 PM
 #812

The most obvious reason for Bitcoin's biggest decline is the sell-off of investors. Small investors and inexperienced investors easily fall into panic when the market shows signs of decline, followed by a wave of selloffs and the situation worsens.

Yes. I think people have received negative news about bitcoin. Especially those new investors entering the market, they panic and lose their temper then sell off their bitcoin at cheap prices. This has caused the market to go down. In my, opinion people should be calm and patient. Emotional control when investing.

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August 04, 2018, 04:18:09 PM
 #813

We already see that the price has slightly grown, given that the states support and begin to regulate Bitkoin, will soon go to the stock exchange - and this will grow. Everything will be well, confidently move up.

The price is slowly moving up because of the good speculations but still there is no guarantee that the market price will continuously grow sio keep on updating your self about the market by reading news and speculations.

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August 04, 2018, 05:46:10 PM
 #814

     The price of Bitcoin is unpredictable the price  fluctuates occasionally without any hints .The price of Bitcoin  rapidly going down may be due to some negative issues about Bitcoin . Don't be upset if the Bitcoin price is going down that will give opportunity for those who are willing to buy Bitcoin  . So according to my opinion I say that Bitcoin price should not only to go high it has to come down also. Bitcoin is naturally used in speculation
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August 04, 2018, 06:04:06 PM
 #815

Lack of new investors and fresh money in to the market. Old investors are stucked and most of them are selling with fear of loosing all money.

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August 04, 2018, 07:19:09 PM
 #816

It is usual on bitcoin market if price is not moving up than is moving down
Why rapidly because all kind of illegal trading is ongoing on btc market
Old tricks big buy wall what disappear with one click of mouse or wash trading when price is pumped btc same fast going down like is going down

there is guy who lost  400 mln dollars on  trading btc futures .So maybe now regulators will like to set up trading rules on crypto market  


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August 04, 2018, 07:41:20 PM
 #817

As the most real reason I see here - it's over-affected by various news and rumors regarding crypto as a whole and economical news of the world in general, lately they are not so positive.

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August 04, 2018, 09:17:21 PM
 #818

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 think you can ask the same question all over again and again every few days because this market is cycling and jumping every time you breathe, so I would be better try to make some researchers and use an additional opportunities then to be concerned about the state of price.

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August 04, 2018, 11:35:25 PM
 #819

one of the causes of the decline in bitcoin prices can also be due to bad news about bitcoin and can lead to reduced mining and bitcoin marketing, this greatly affects the provisions of bitcoin prices and also countries with strong economic systems calling for a ban on the use of bitcoin are also very influential on the drop price
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August 04, 2018, 11:40:33 PM
 #820

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
This is not forever going down maybe in 4th quarter they will all rise i hope that it will happen and if i'm not mistaken many people would became rich and richer in this year cross finger to happen but base on my technical analysis the price for now is normal if you are going to base on the previous chart just do more research on it and we cannot what would happen next because we cannot control the market situation.
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