Why the price of bitcoin rapidly going down

[Ailmand]

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

Yes, Bitcoin is temporary. Bitcoin prices are going down fast because there are so many rumors about recent Bitcoin being heard. France and South Korea banned Bitcoin As a result, other countries are afraid of bitcoin. As a result, Bitcoin prices are much lower in the current market. Which is $ 8K below. Which is a bit disappointing for Bitcoin users. Moreover, Bitcoin is a currency. It is normal to increase the price of bitcoin. If we look at the record of 2017, we can understand how much the price has increased. In particular, in the end of 2017. But the prices are very low in early 2018. Some people think that the prices of other types of currency are increasing. It may be said that everything is going to be reduced bitcoin. But very soon the bitcoin will become valuable.

I think you really need to check the market closer and more carefully. In the past years and even just in the past couple of months, there have been so many changes, ups and downs and movements that have contributed to the rapid rise and fall of Bitcoin value that, right now, people who have actually observed it has been used to that. It's just how the market works, and so, if you would not find a good strategy to help you go by when the market is not doing good, then it would be hard for you to survive in this market.

[laravuemaster]

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

The prices of cryptocurrency in the market are all based on supply and demand so obviously if the prices are decreasing then there are more people who are interested on selling their coins more than holding it.

[julzcoinbit]

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

The prices of cryptocurrency in the market are all based on supply and demand so obviously if the prices are decreasing then there are more people who are interested on selling their coins more than holding it.

Of course mate and those will decrease In market, especially In bitcoin If theres many new Investors will dump their coins and many as well discourage to Invest on bitcoin due to some spreading bad news throughout the social media. In fact there's believe In bitcoin and furthermore bitcoin will recover and expectedly will Higher than Its usual price.

[CoreyMoorey]

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.

[Windarentawi]

just relax bitcoin just momentarily down and will setabil back even skyrocketed again, do not he worried tungy just a few days or months, sitting while drinking coffee enjoying the day without worrying about the bitcoin price down it will be better,because it is only for a moment, will rise again.

[Xising]

The value of bitcoin is going down due to the news of google about banning cryptocurrency related ads and ICO. But not only that Twitter and instagram according to some articles are also making those actions. Though it is unverified information but it is making a stir on the market thus have played a role on the drop of bitcoins value. But thanks to the news on G20 that says they are going to tackle about the benefits of cryptocurrency, bitcoin has recovered its value and hopefully to climb up more.

That's right, I think it's really the negative news that keeps affecting Bitcoin negatively. It is battering its reputation so much that people are doubting its legitimacy and capacity to rise back up. Since cryptocurrencies, including Bitcoin, is affected in unconventional ways compared to traditional currencies, then every thing can actually have an effect, whether significant or not, to its value.

[mig5000]

it is not going down fast, the problem is that there is a lot of fud on the market and that is one of the main reasons of why we are seeing a lot of troubles on the scenario. If you want to make money, just relax and wait a little bit longer

[Wylie330]

Yes. This is just temporary. Maybe we are in accumulation stage wherein people are preparing for the bull run. The bulls are ready to buy again. But the good thing about Bitcoin's price, it is stable at $7,000 - $8,000. Unlike a few months ago, it goes down below $7,000.

[Jambo tape]

this topic is very often made, and I think the question why bitcoin prices dropped drastically is just a mere fad. Everyone already knows that bitcoin is fluctuating so its price is erratic, and this has been described several times by other bitcointalk users in dozens of threads ask this question too, create a topic that can provide knowledge for other members, may we all his success

[ivandu]

Yes. This is just temporary. Maybe we are in accumulation stage wherein people are preparing for the bull run. The bulls are ready to buy again. But the good thing about Bitcoin's price, it is stable at $7,000 - $8,000. Unlike a few months ago, it goes down below $7,000.

maybe after consolidation in range $7000 until $8000 , in june we will see price goes up again.and we hope no more dumping again after this price is cheap enough.

[bakekang008]

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

In my opinion the reason why bitcoin is slam goun down its because the value is so indemand, and more people is using bitcoin and the volume cant sustain all the needs of bitcoin holder. Thats why bitcoin is slowly down, but we hope bitcoin is recover.

[chengyinoing]

I think the price of bitcoin has fallen rapidly because demand has fallen, people are disappointed and even sell their bitcoin at a loss.

But I think bitcoin is still worth investing in over the long term. I believe its price will go up again.

[boddy.dy]

This is a normal thing in bitcoin or even in all of the crypto currencies, the rapid going down of the price. In my own opinion no one knows what is the exact reason why this is happening to this industry. We can say that we have thoughts or references that affects the movement of the price or value. But in guess this is just a guidelines for us not the real reasons behind the movements. If someone knows the real reasons behind those movements of price or value I am pretty much sure that he or she will be the wealthiest person in this universe. But we should admit that this is just predictions and guidelines not the real reasons, we can believed on what we think but we should also respect the prescriptions of others. 

[dongyi17]

Because of the demand of the demand of the bitcoin, many sell their coins for low price for some reasons and other dump it, that is why for fear of losing all they have and so they decided to sell it. and also we know that the value of bitcoin in the market is unstable.

[Periodik]

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

The downward direction of Bitcoin's price is really temporary. It will not last long. You and I know that aside from a digital cash or a virtual currency that Bitcoin is designed to be, Bitcoin is also treated by so many as a commodity. It is being traded every minute in huge volumes. Therefore the price movements of up and down are always understandable and highly temporary. The Bitcoin market is very volatile.

[cryptosyss]

Do not worry, this is just another correction bitcoin. Do not give in to provocation and do not sell your precious bitcoins. And those who have not bought bitcoin now is the time to think about buying, because the price is very good.

[slapper]

it is not going down fast, the problem is that there is a lot of fud on the market and that is one of the main reasons of why we are seeing a lot of troubles on the scenario. If you want to make money, just relax and wait a little bit longer

Well I suppose that when people see that how fast the price of bitcoin drops, they start hastily selling their bitcoin and the more they sell, the more rapidly the price of bitcoin falls and eventually all of this is a vicious circle. But it would be difficult to keep their bitcoin when its price plummets, especially when bitcoin is their main source of income and they would risk losing their money and getting close to the breadline. So they could hardly wait for some miracles to happen.

[franzkie345]

it is not going down fast, the problem is that there is a lot of fud on the market and that is one of the main reasons of why we are seeing a lot of troubles on the scenario. If you want to make money, just relax and wait a little bit longer

Well I suppose that when people see that how fast the price of bitcoin drops, they start hastily selling their bitcoin and the more they sell, the more rapidly the price of bitcoin falls and eventually all of this is a vicious circle. But it would be difficult to keep their bitcoin when its price plummets, especially when bitcoin is their main source of income and they would risk losing their money and getting close to the breadline. So they could hardly wait for some miracles to happen.

I think bitcoin rapidly down the price because of the supply and demand of people so that bitcoin price will fallen down but we know the price of bitcoin will back in the normal so dont be scared and dont be panic im sure bitcoin price will back in the original price or reach the original price.

[Rrotess]

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

Long live the bitcoin and its dignity. Off course, bitcoin dont have to prove itself in terms of its spikes and hikes which are sure shot in the long run. We dont have to fear about it because it is what makes up our bitcoin : Most volatile currency, Decentralised in nature, Publicly accepted and demotivated by the government, industries willing to accept, rules and regulations willing to ban! You never know what surprises bitcoin has to see in its path which affects its prices severely. So im pretty sure that everything is temporary here and we just have to give it time. 

And we sometimes need to develop things and have more knowledge about this. With this, we can go through the difficulties in a long and tremendous run. Yet, we have to experience such lows and downs in order for us to be motivated. Along our ways, know that we have competitors and challenges that will try to pull us down, but in time this will be our strenghts. I hope people will accept these day-to-day challenges.

[Zachwolf]

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

Still waiting with update on what's with LN right now but the current news that G20 seems to be positive is making the price of bitcoin now to be on green. And it's going to be positive and getting closer to $9,000 and if the whole week starts with a positive market then it can be the indication that bitcoin is now ready for its recovery in no time. Can't wait to see on how investors (big and small) will react when there are positive updates about LN and other news.

Positive signals from the meeting of bankers g20 can really have a positive effect. The price will go up to $ 9,000, but what's next? For me there is no difference between 8K and 9K. Both of these numbers are very small to measure the value of bitcoin. I'm waiting on 15K-20K. For me, only such figures will mean the recovery of the market.

Small recovery or big recovery, there's no difference with it because it's still the same as the word itself. Being positive with the small recovery is good for someone who keeps on worrying about the plummeting of bitcoin. Keep that hope for sure we will be back on that price once bitcoin is skyrocketing and the price can go further rapidly as an opposite impact of the last dip that made the price rapidly go down.

Why ohh why???, but everone is hoping that it will comeback again to it's high price which reach almost 19,000 USD. I think it is happening due to many altcoin with a price below the price of btc. That's why many investors wants. This is one of challenge in crypto currency world.