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Author Topic: Why the price of bitcoin rapidly going down  (Read 5127 times)
SirLancelot
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August 07, 2018, 06:03:50 AM
 #821

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.
The price is not that much worst as few people are discussing but it is a market where it has taken a lot of time for its recovery but it does not matter what they think. We have noticed many times and a lot in past that the Bitcoin’s price recovers after downfalls does not matter if it is taking time but it recovers and has benefited those who hold it for high market so they are now rich and we can become rich too.

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August 07, 2018, 06:15:32 AM
 #822

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 believe there is a manipulation in bitcoin that is why it goes down so fast but in the near future it will go up because bitcoin is limited and the investors now weregrowing. When all the country will legalize crypto that will be the sign that bitcoin will go up and up until all the total supply will circulate to all crypto holders.

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August 07, 2018, 06:23:15 AM
 #823

Bitcoin is still not stable to a global market because a lot of countries its not fully accepted and still in the process of studying and also the social media, news etc are also affecting the bitcoin market because some thread are fake or etc. hopefully the bitcoin price will recover and back to normal.
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August 07, 2018, 06:42:03 AM
 #824

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.
That is right, because one of the basic reason of the price fall in the value of Bitcoin is the fact that it has been banned by many countries and this all started in 2017 which was a potential blow to the rising market of Bitcoin. Even still so many countries have not recognized Bitcoin and the investors are still there but have simply not invested so far. Besides, one should stay away from ICOs that are frauds and scams. These factors greatly defame Bitcoin but the market will recover because we have rising trend for now in the market.

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August 07, 2018, 07:00:12 AM
 #825

Prices rise and fall quickly because Bitcoin is basically not used for anything but speculation. Just as everyone piles up last year to speculate about rising prices, so do people now accumulate speculation about falling prices. at least if Bitcoin has a common basic utility, it will be much more stable, but everyone is just chasing profits and hoping to get rich with that trade. Because of the negative news that people hear they are nervous and panicked but don't need to worry because of a day's pricebitcoin will be stable.
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August 07, 2018, 09:17:57 AM
 #826

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.
Further downfalls are observing in the price of Bitcoin which indicates our actions as we sell right after a little increase or improvement in price which make the price with another downfall. We should remember that we are in a long term investment and should think like that by holding Bitcoins till higher market for huge profit rather than wasting our time for less profit is foolishness.
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August 07, 2018, 09:32:03 AM
 #827

Here many issue, the price of bitcoin rapidly going down. On the other hand Bitcoin  rapidly going down may be due to some negative issues about Bitcoin. 
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August 07, 2018, 09:38:44 AM
 #828

Bitcoin price fluctuations are usually caused by bad news affecting the market. In addition, it is due to the panic of new investors leading to mass selling out of the market. But bitcoin drops dramatically in the future, and in the future it will increase rapidly.

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August 07, 2018, 01:54:45 PM
 #829

One of the reasons this might happen is because of the nature of how cryptocurrency works. This is the one I risk the most. there are about a million factors that can affect the value of bitcoin or altcoin, and this decline is something that is natural and expected, especially now because the market is flooded with more investors than before. because of the negative news that people hear they are nervous and panic but don't need to worry because one day the price of bitcoin will stabilize. But I'm sure the price of Bitcoin will rise again. Same as last year.
Jamie Oliver
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August 07, 2018, 03:11:59 PM
 #830

The market price has increased a lot. In 2017, the price of BTC increased many times, which made the market overdraft a lot. Therefore, when people react to it, the price will continue to decline.

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John vera
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August 08, 2018, 01:34:14 PM
 #831

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. Lips sealed Lips sealed
Sand King
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August 08, 2018, 01:59:30 PM
 #832

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.
I think the reason why the price of bitcoin now is rapidly going down is because a lot of holders are selling there bitcoin even the value of it is low. Or maybe right now a lot of investor are still waiting until the value of bitcoin will dump more before they will invest again.

galkinado
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August 08, 2018, 02:34:28 PM
 #833

I am actually very surprised with current behavior. It has become very uncertain lately.
gaidarpop
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August 08, 2018, 02:36:34 PM
 #834

Mainly due to all the negative news being spread by different media channels. This phase is just temporary.

SaiWAFU
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August 08, 2018, 02:38:53 PM
 #835

It's as simple as the abundance of supply of bitcoin in the market makes the prices go down.

FUD's doesn't affect the price directly but this could influence hodlers/ investors into selling their coins and add more supply in the market.

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August 08, 2018, 03:37:07 PM
 #836

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
Well for me it is a temporary i think maybe this august or ber months will getting high price of bitcoin all we need is to wait
thomas_goal
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August 08, 2018, 03:56:22 PM
 #837

One of the reasons this might happen is because of the nature of how cryptocurrency works. This is the one I risk the most. there are about a million factors that can affect the value of bitcoin or altcoin, and this decline is something that is natural and expected, especially now because the market is flooded with more investors than before. because of the negative news that people hear they are nervous and panic but don't need to worry because one day the price of bitcoin will stabilize. But I'm sure the price of Bitcoin will rise again. Same as last year.

Very true. You never know what to expect. Even if positive news is released, it doesn't move. Then for absolutely no reason, it'll skyrocket. I think it's got something to do with the flow of money from other markets as a lot of investors will get into crypto for various reasons that have some negative effect on those other markets.

It's just finding it's feet and getting ready to take off again. I don't think it'll go on the same run as it did last year, but it'll still find its value.
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August 08, 2018, 06:33:53 PM
 #838

The fall in price suggests that a short July recovery was largely due to speculation about a possible positive decision by the SEC regarding bitcoin-ETF. Many are convinced that the latter can attract the money of institutional investors to the developing market.

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August 08, 2018, 07:18:42 PM
 #839

The price is going down because the big money hasn't entered so far.

More financial product would help, enabling funds to invest in Bitcoin.
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August 08, 2018, 07:43:36 PM
 #840

It's as simple as the abundance of supply of bitcoin in the market makes the prices go down.

FUD's doesn't affect the price directly but this could influence hodlers/ investors into selling their coins and add more supply in the market.

In my own opinion, FUD is the main reason why the market prices are dumping in the market but we can still consider for some influence because there are also crypto analyst who are creating negative speculations about bitcoins and altcoins.
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