Why the price of bitcoin rapidly going down

[Geleve]

it doesnt make sense to expect it to raise everyday. when it goes down it is a good opportunity to buy. when it goes more down it is a better opportunity to buy more.

[btcjocan]

it doesnt make sense to expect it to raise everyday. when it goes down it is a good opportunity to buy. when it goes more down it is a better opportunity to buy more.

Price is unpredictable due to the volume of the current investors. Anytime price may increase and it is all depend upon the feedback of the bitcoin in the feild. If it faces some negative issue it will sometimes down, we don't have to be afraid of this bitcoin price status of going down, because it is almost repeatetive.

[iotarocket]

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

I agree. I can't wait for LN to be fully deployed. I think that's when bitcoin will really take off.

[Dancobit]

Currently, the general coin offer allows Bitcoin startup to gain access through digital tokens.
In addition to Bitcoin, the decline in prices also occurred in Ethereum, the second big digital currency by market capitalization. The virtual currency is down by less than 2%.
Moreover, it has been increasing about cryptocurrency and the ICO market, including those who currently have substantially less investor protection than traditional securities markets. Matters associated with greater opportunities to manipulate and manipulate.

[jaysabi]

The price rises and falls rapidly because Bitcoin is essentially not used for anything except speculation. If it had a general baseline utility, it would be much more stable, but everyone is just chasing gains and hoping to get rich by trading it. That's not to say it can't be useful for certain applications or that nobody uses it for commerce or trade, but they're so far in the minority that those cases are rather insignificant in terms of what is determining the price at any given moment. Far more impactful are the momentum traders and speculators who pile in and out trying to make more money.

[gambitcoin53]

volatility plays a major role why bitcoin is behaving these past few days, even though the price today is at its low, this is just temporary, its just a matter of days or even hours bitcoin will go up again, the law of supplies and demand also can be consider, if the price is low, maybe because there are plenty of unused or idle supplies of bitcoin in the market. these low trend can be an opportunity to buy more bitcoin and so high trend follows.

[yoseph]

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

I agree. I can't wait for LN to be fully deployed. I think that's when bitcoin will really take off.

Lightning is only supposed to make people have faster and cheaper transactions and I don’t think it’s going to be a major boost for Bitcoins at all since the thing that causes price drops is FUD and people selling their bitcoins as a result of that.

[Thatsit]

Many of us may have seen before that the value of Bitcoin has always been destabilizing. But it is definitely temporary. Its price will soon be skyscraper again.And will bring us happiness. 

[Ahmed4200]

Bitcoin's price is probably low, but it will not always be that way. We all know that at the beginning of this year the price was much lower in the market, but the value of the note is far better than that time. The only reason for this is that its value remains unstable and it is temporary And see that the price will soon be as it was before and could be even more.   

[aleenoe335]

Yes, the bitcoin value is temporary, while the time may change, the decline is due to investors monitoring the warnings from some regulators and increasing crackdowns on the virtual currency market in China. "The decline is due to the lack of buyers in Asia," said Mati Greenspan, senior analyst at eToro.

[ymirymir]

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 is dropping down because it is volatile and is changing it's value always. I believe that it is just a normal part of it's votality to change it's price. Though it drops down at times , it still strives to strike high again. What we need to do about these situation is just to keep calm and patient.

[BUK2016]

The downward direction movement of Bitcoin is always normal as the trend cannot continue on an upward direction at all time. A downward trend always happen whenever they is a panic sell by so many people that hold Bitcoin or the activities of whales.

[netil]

The question is only in comparison with what it falls? If prices are in December, then yes. If we consider the price for March 2017, then the price has increased many times. To be honest, the forum is full of panic-strikers, who begin to panic at the slightest hint of a red color. These people, as a rule, like to talk about long-term investments.

[Yunbalo]

Over time the extremely low price of BTC, the price of BTC is rising again, this is a good price to sell to investors who are holding in the recent time, many investors sell profit at BTC price is $ 9000. This has made the Crypto market drop dramatically.

[goldcoinminer]

The downward direction movement of Bitcoin is always normal as the trend cannot continue on an upward direction at all time. A downward trend always happen whenever they is a panic sell by so many people that hold Bitcoin or the activities of whales.

I agree.Bitcoin will not always stays on top,it will have its own fluctuation dropping down the price.Yes panic selling can be one of the sources of the price rapidly going down,but i also believe that it could be the fuds and the negative news that are spreading around like google banning cryptocurrency.It really made the price to fall down but for sure the price will not always stay there.It will definitely goes up in time.

[btctestcolets]

This is because of a very low bitcoin value over market this is what we call as volatility varies the flow of supply and demand in capital market. Another causes making the bitcoin value drop when the excessive selling of bitcoins,it can contribute to the down treads of the digital world market price.

[patarfweefwee]

I know we all know the answer now, but people last march doubted that Bitcoin could recover from the huge loss it got this first quarter. Now, it's on the rise. It's green all the way, although i know we will see dips but it will be nothing major. I think the way it's going, we'll see huge jumps next quarter then green all the way.

[Sled]

It is because the demand in the market of the cryptocurrency is having a sell offs from the people because they still think that the price of bitcoin is still bearish and this is just a bull trap and even there is consensus, it is still a struggle for bitcoin to get back to the normal run for its price because the resistance in the chart is so strong to break.

[bololord]

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

Bitcoin price going down because there are so many negative news about bitcoin, but I still believe that bitcoin will surpass all obstacle that facing right now. So better we ignore those type of news and we need to relax, just keep holding our bitcoin and wait until it become profitable again.

[Btcwashu]

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

Bitcoin price going down because there are so many negative news about bitcoin, but I still believe that bitcoin will surpass all obstacle that facing right now. So better we ignore those type of news and we need to relax, just keep holding our bitcoin and wait until it become profitable again.

We must trust and believe in the bitcoin because the rapidly down of the price are only temporary and in the long run it will rise again. We all know that Bitcoin have the great value among all and if you use bitcoin as a long-term investment you can gain more profit on it in the past few years.