Pakwan12
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May 16, 2018, 12:27:42 PM |
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The price of bitcoinis rapidly going down because of many negative news about bitcoin.
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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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Domanity
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May 16, 2018, 01:06:43 PM |
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More and more people are selling Bitcoin, And buyers are little then Bitcoin Price will be lowered so Bitcoin sells fast. The less buy, the more will decrease the price of Bitcoin ..!
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Aristus
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May 16, 2018, 01:15:17 PM |
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The news in term of development are actually decent, with LN getting closer to a release, s o I think this is just temporary.  You are right that the low price of btc is just temporary and a kind of normal situition every year. Some are panicking every time they see bitcoin is decreasing the price maybe because they bought it at the high price and now it loses half. But if we look back the history of btc it has always the power to recover from the bad market and the good thing is when it moves to rise it goes more than from what we expect. |
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ss890
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May 16, 2018, 01:30:50 PM |
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The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Off course it is temporary buddy, it has always been temporary. We have seen such dramatic drops always and it’s no wonder that we will keep seeing them a lot until somhow bitcoin gets its stability. Or may the volatility occurring due to various factors is the reason for this drop (always). No wonder we are seeing this today also. Let’s just grab mor coins and have faith into bitcoin as it gives us space to profit. ;-) At least I believe that this is the case for time being. Currently no big bad news or ban is going on so it’s completely temporary as you said. |
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putriliesma
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May 16, 2018, 01:53:06 PM |
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Maybe a lot of people who panic bitcoin then sell it simultaneously and sell at cheap prices cheap.
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CaptainKid
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May 16, 2018, 02:05:08 PM |
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Because its price depends on many factors, and it is inherently difficult to ensure that the crypto currency has a stable price, in addition, with these price fluctuations, large players are interested in making a profit.
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Aikidoka
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Sinbad Mixer: Mix Your BTC Quickly
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May 16, 2018, 02:25:27 PM |
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So when the bitcoin price goes up, you will see threads talking about "will bitcoin now reach $10k? Will it still grow up?" And when it goes down, you will see threads like yours. Can you not just be calm and patient for a bit? You clearly are spamming this section with nonsense topics. This section needs to be renewed. People are you are the reason as to why the bitcoin price is going down. Be patient and you will see it recover lol.
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Dudeperfect
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May 16, 2018, 05:07:46 PM |
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As we all know, the price was artificially blown in the last part of the last year by big whales and institutional investors and there was the need of correction to stabilize Bitcoin considering the current user base. However when big bass and institutional investor decided to exit then not only took their share from the capital but also created a panic selling wave in the market which resulted in a 65% correction. I believe that price will not only recover in the second half of this year but also it will hit a fresh all-time high level soon.
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Irviyandi
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May 16, 2018, 05:10:44 PM |
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Perhaps bitcoin prices are off by some of the most significant effects on btcoin prices such as the Negative issue and also because of bans by some countries so bitcoin prices fall very far but bitcoin is predicted to rise by the end of the year.
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Ryker1
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Eloncoin.org - Mars, here we come!
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May 16, 2018, 05:58:15 PM |
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I think bitcoin is rapidly going down because, some countries ban bitcoin, and most of it are big countries like China. I think that's the main reason. Well some things that I can think of why it's going down is because, in the news there a lot of scams including bitcoin, that's why some new users or investors perhaps withdraw their money in bitcoin because they are not well informed about the news.
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Kabul
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May 16, 2018, 08:16:55 PM |
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Because the people want to sell it. The price of bitcoin is determine by the people and if they want to sell a lot of bitcoin at the same time, bitcoin price will go down. However, no matter how bad bitcoin can be, it will always return and become even stronger then it was in the past
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cetald
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May 16, 2018, 08:27:59 PM |
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When people think that bitcoin are too expensive, they start selling it. And everyone tries to sell it faster. As a consequence, there is a rapid drop in value.
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cryptomoon1005
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May 16, 2018, 08:29:03 PM |
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Just a market manipulation before a big rise , nothing else.
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v0rtecxz
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May 16, 2018, 08:45:59 PM |
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the decline that occurs in the market is common, but after the decline of bitcoin can increase again, usually bitcoin decrease occurs when some people with the number of bitcoin that many sell it simultaneously because they already get a profit, at that time the decline will occur, but will there is a utilization of the price reduction to enter and buy some bitcoin and save it back until the price goes back up
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cengsuwuei
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May 16, 2018, 09:22:53 PM |
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because low demand
if demand low so buy wall is low too
and about bad news, ussualy after bad news all people panic sell
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futuret
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May 16, 2018, 09:25:15 PM |
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More and more people are selling Bitcoin, And buyers are little then Bitcoin Price will be lowered so Bitcoin sells fast. The less buy, the more will decrease the price of Bitcoin ..!
Yes the price of Bitcoin goes down because of some negative ads and news against Bitcoin as some of them says Bitcoin is banned in few country or they are going to arrest them not to trade in Bitcoin blah blah. All these are negative news against Bitcoin are intended to defame Bitcoin and drop its value. Online scams and advertisement about Bitcoin on Google and Facebook were banned by both the search engines. In some countries, the governments want to apply some rules and regulations or you can say tax on the Bitcoin earnings. As a result, fewer investors are attracted towards the business. |
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Altero
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May 16, 2018, 11:29:03 PM |
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It is just the way it is, cause not all the time we have in healthy market and not all the time also that people are keeping in holding. Some investors with huge holding amount of btc have taking a break and sell their coins in bulk, definitely it will be going down as they sell it in cheap. But it is not taking so long for that situation, it will gradually rise again.
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cyberkuto
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May 17, 2018, 01:35:00 AM |
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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 of bitcoin changes from time to time. There are a lot of reasons why it goes down. But when investing on it, always expect that there are times of down like this. But gradually, bitcoin will recover for sure and might double your investment. |
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Sithara007
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May 17, 2018, 04:11:17 AM |
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It is not going down. If you look closely at the charts, then you can easily see that the prices have remained stable within the $8,000 to $10,000 per coin range for the past two months. And they are likely to stay there until the end of this year.
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Eleven86
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May 17, 2018, 04:17:18 AM |
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Due to price drop people get panic and they ready to sell their bitcoins. They are not ready to hold, and another reason is limited supply of bitcoin is circulated in the market. Once the price is very low people are ready to buy and when its expensive they are ready to sell. So if you are a bitcoin holder keep the bitcoin and hold it once the price goes high. The price of bitcoin will increase in future and multiple your investment.
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