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Author Topic: Why the price of bitcoin rapidly going down  (Read 5937 times)
Fretcy
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May 22, 2018, 07:54:56 PM
 #181

The price of bitcoins gets down due to negative news people tend to sell their bitcoins due to panic causing for the decline of price in the crypto market. There are many  investors who are  actively involved in the bitcoins and crypto currency market giving negative news as that can plunge the market due to panic selling and when the prices get down they look to invest more on the bitcoins and alternative coins as there is good potential for bitcoins to increase its price and if they invest when the prices get down they will be able to earn huge profits when the price of bitcoins skyrocket to $ 50000 USD.

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storfox
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May 22, 2018, 08:52:05 PM
 #182

The price of bitcoin can not grow steadily in the last few years we have seen how the price of bitcoin has gradually risen to conquer new price maxims, the market should have been corrected once and we are watching it now. Also, the price of bitcoin began to decline due to news that in some countries began to apply tough measures to regulate the market of cryptocurrencies, but i think that the price of bitcoin will grow soon.
nightways
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May 23, 2018, 07:06:36 AM
 #183

Yes, Bitcoin Prices are falling quickly because there are many rumors about Bitcoin being recently heard. France and South Korea ban Bitcoin As a result, other countries are afraid of bitcoin. As a result, Bitcoin prices are much lower on the market today.
as far as I can see the price of bitcoin has improved if we compare it with the March one. It has gained value from 5k dollars and now is above 8k dollars. The present period is for its recovery and it is doing that. Moreover, South Korea and France are not the first ones who have illegalized its usage within their boundaries but this really does not matter at all. When the transactions are anonymous and anonymous web surfing is possible, no one can decide what one can do.
arin_muah
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May 23, 2018, 07:14:40 AM
 #184

There are so many rumours coming about bitcoin daily. Rumours such as bitcoin going to be ban, hereafter the price will not increase. Like these negative news people get mire panic and ready to sell their coins. This makes market goes dump. This is normally happens in the coinmarket. But bitcoin will overcome all these problems and ready to increase in future. In future surely the price of bitcoin will increase till that you can hold the bitcoins and gain huge money.
we often hear about that issue.but unfortunately many investors are still affected with news stories like that.they should have understood and were not affected to sell their assets.
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May 23, 2018, 07:16:56 AM
 #185

crisis is just usual and this is what is happening now with bitcoin, and after this period see how it will rise again. So if you are holding some btc just hold and experience the profit from it.
spongegar
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May 23, 2018, 07:18:05 AM
 #186

I guess alotnof people answered this question already. But the main factor in crypto currency price is the supply. If countries ban a crypto currency then it's citizens will sell off thier holdings and as a result more supply of coins is in the market. More supply means lower prices. But i still believe that crypto currencies will recover and even be stronger than last year.

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May 24, 2018, 08:32:28 AM
 #187

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.
The reason is many bad and false statements against bitcoin. Many whales are also effect the price. In all cryptos I think just bitcoin is the only one which is not according to its market cap because as we observed there are no such volatility in the price of other cryptos. It means that whales have dominated bitcoin and they change the price according to their well.

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chainedblocks
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May 24, 2018, 11:31:37 AM
 #188

Because many people are selling when they panic it may be a major factor why bitcoin decreases slowly. But I'm sure if the investors who do not understand bitcoin already sell it definitely bitcoin will rise again because no one has made the price of bitcoin down.
That is a regular thing on the market. Today, too many new entrants to the codec market, just as prices fell they worried and sold their altcoin to the market, thus making the price of the altcoin continue to plummet further. So be patient as the key to success in the market.
Those people are selling their bitcoin who think that the price will fall more and they will lose their investment. It is just because they have no patience and cannot bear the loss which is very important in bitcoin investment. But now many people are buying again and the market cap is increasing and so is the price. Now the growth is according to market cap.
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May 24, 2018, 01:45:03 PM
 #189

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

the price of bitcoin rapidly going down is just temporary. It is normal.Bitcoin prices are going down fast because there are so many rumors about recent Bitcoin being heard. The negative news affect the market demand.
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May 24, 2018, 02:01:16 PM
 #190

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 see dozens of negative news stories that will cause fluctuations in the market. Most likely these are the main reasons for panic sales after the news. In addition, big whale investors who know this opportunity also face price decline. The most correct move that can be made in the current period will be to cut down the basket by making only partial purchases.
Thaliaismyname
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May 24, 2018, 02:13:31 PM
 #191

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

Really bad news and banned  to other country are big impact to bitcoin price ,,aside from that supply and demand will also decreased so that bitcoin price will rapidly to downside,but don't lose your  hope despite of negative issue because both of us are believed to bitcoin has more valuable to the near future.on other hand if you believe also to bitcoin progress, honesty it's the right time to buy BTC cause it cheap and hold at long term,  to make sure will great returned,
chickenfried12
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May 24, 2018, 02:16:42 PM
 #192

I think that this will continue for a while Temporarily decline from bitcoin Trendy it could not break but I hope that this fall is the end of the decline and I look forward to the beginning of the Ascension trains so then the real faces will be the time to laugh We think that we can save 
Legone
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May 24, 2018, 02:32:00 PM
 #193

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
When bitcoin's price rapidly going down, then there is some possibilities that it will  rapidly going up as a counter flow movement because its price is not steady in one direction only, but the good thing it has always6 a recovery cycle at any time.
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May 24, 2018, 02:40:29 PM
 #194

Bitcoin prices are rapidly falling as buyers' demand diminishes. Governments are stifling the development of bitcoin. War broke out around the world impacted bitcoin.





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May 24, 2018, 02:50:52 PM
 #195

Whales are forcing you to sell your bitcoins, dont allow them to manipulate you. tell everybody, lol. We are strong hands guys

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May 24, 2018, 03:08:38 PM
 #196

It seems that what makes the bitcoin price drop quickly is the frantic bitcoin owners looking at the market. They will definitely throw away or sell bitcoins at the most expensive price to sell quickly because they are afraid bitcoin can not go back up.
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May 24, 2018, 03:24:02 PM
 #197

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
How can you say that it's temporary when this trend happenings almost the whole four months of this year
Thats why lightning network must be released for the benefits of the whole cryptoworld..

But for me ,i would rather wait and see what will happen ,than expecting more but failure is what youve got
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May 24, 2018, 03:52:12 PM
 #198

The price of bitcoin can not grow steadily in the last few years we have seen how the price of bitcoin has gradually risen to conquer new price maxims, the market should have been corrected once and we are watching it now. Also, the price of bitcoin began to decline due to news that in some countries began to apply tough measures to regulate the market of cryptocurrencies, but i think that the price of bitcoin will grow soon.

News like this is already been tackled before but the truth is simple its demand and supply. People quickly create stories if they see that Bitcoin goes down and definitely this cab trigger us to decide to dump some coins. Well, this is really normal because as the years are passing by, more and more are now into crypto so some still don't have some good experience about the trend of crypto.
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May 24, 2018, 04:16:42 PM
 #199

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 the negative media reports on is one of the top reason causing bitcoin to drops heavily like the reports on the banning of bitcoin in China and Korea that make people to get panic and selling their crypto investment in very low price.
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May 24, 2018, 04:32:12 PM
 #200

surely, this bitcoin price reduction is only temporary. this is often the case every year right, bitcoin prices are very volatile, do not panic when prices fall because it will happen. this is only a matter of time, later maybe the end of the year will rise drastically as late last year ago, we just wait.
while the price is cheap, buy as much bitcoin so lucky when prices rise.
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