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Author Topic: Why the price of bitcoin rapidly going down  (Read 5939 times)
renggileh
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May 31, 2018, 06:19:09 PM
 #281

Basically I think for Two reasons for bticoin price rapidly going down. Here is 2 reasons

1. Some false news effect for bitcoin prices.
2. Some country are banned bitcoin for this effect bitcoin price getting down.
KenChanYu
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May 31, 2018, 06:38:52 PM
 #282

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


Simply because cryptocurrency is volatile and we should just expect that the value might strike high or down anytime. Dropping down of the price is normal and is just part of it's changing value but it is not permanent. No matter how low it's value might drop, it would still strike high and recover in time.
It has been its nature, due to supply and demand, media, controversies, negative views about the technology, and a lot of substantial factors. Market is always moving, and price could rise or fall. One should learn to realize how market works to reduce the level of panic, stress, and worriness, and to be positive that when price declines, it can absolutely soar.
I believe the reason why it's rapidly going down is because of supply and demand, and the lack of knowledge of people who in some way disseminate irrelevant issues about Bitcoin. We can't control fake news and the media to deliver various news against bitcoin but we can be a media to ourselves to promote bitcoin and change the mindset of the people of how valuable Bitcoin is and how opportunities can be taken to provide quality living.
CryptoF2
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May 31, 2018, 07:00:12 PM
 #283

One of the funds we invest in wrote about it www.quora.com/What-is-the-reason-for-the-falling-value-of-Bitcoin-Is-its-end-near-I-have-already-lost-some-money-by-holding-on-to-it-Please-advise/answer/Alister-A
BitProCoin
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May 31, 2018, 07:06:12 PM
 #284

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.
socksserver3
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May 31, 2018, 07:08:03 PM
 #285

I have also noticed that the price for btc has started to go down. It will stabilize with time. I am not great expert but I am sure that this will happen in the future. I am glad that it has gone down because I am thinking about buying coins
Direwolve735
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May 31, 2018, 07:45:22 PM
 #286

The current correction works like "clearing fire". The market of crypto-currencies is now left by speculators of the wave of winter rush, casual non-professional investors and panic-seyers, who are surrendering their assets near the levels at which large investors are just beginning to think about buying. Nevertheless, the point of the bottom of pessimism has not yet been overcome, since the community still believes in the prospects, which means that the market has much to fall.
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May 31, 2018, 11:10:13 PM
 #287

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

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.
The price of Bitcoin suddenly fell down when 2017 shifted to 2018 and this fall continuously brought the value from about 25k to 7k dollar and we saw a little progress in this interval when the value started improvement from 7k dollar to 9.5k dollar and gained stability at this stage. Now this value with little fluctuations is stable between 7k dollar and 9k dollar. The market is favorable for new investors and this market will soon shift to a green market as demand is increasing in these days because people want to take benefit of the market in order to get coins on low price.

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pendekar cinta
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June 01, 2018, 07:05:35 AM
 #288

Bitcoin's current decline may not be detached from sharing negative issues about the world of cryptocurrency so it is directly able to give a big problem to the trader to immediately sell his assets when the exchange rate is in very bad condition.

Daimon88
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June 01, 2018, 07:40:59 AM
 #289

This is just market strategies and its going to increase again
If you have decided to get into the world of the bitcoin or any other crypto currency, then you must get ready to see such kind of things happening the future too as the market cannot remain stable all the time. it will increase and decrease and that it is you who need to handle the situation in the best possible way so that you can then manage to make some better earning at the end of the day.
summerbloom
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June 01, 2018, 07:47:33 AM
 #290

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
Yeah you'll right mentioned in above , bitcoin will fall to red bottoms because the supply and demand will decrease,aside from that  bad news ,fake news and perform banned to other  nation which have  a big impact to cryptoland ,but there is no reason to be doubtful fearful because bitcoin will raise again after all despite of negative issue, bitcoin in some nation will have wholeheartedly welcome to other nation, which have looking forward to the brighter future of bitcoin.
Icoalert00
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June 01, 2018, 03:39:37 PM
 #291

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 everything is temporary. Bitcoin is going down more these days because some people out there are selling all of their investment in bitcoin due to panic selling of other people also they might more profit than getting loss if they sell now and it will result of decreasing bitcoin's value that is the saddest truth.

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Rubble898zaitO
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June 01, 2018, 04:12:30 PM
 #292

The price is rapidly going down because of those who are panic selling. With all the negative news out there, no wonder there are a lot of users especially the newbies are really terrified and are panicking. Well if they think about it, it is not helping them at all, they may lose more when they panic sell their coins.
mersal
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June 01, 2018, 04:15:12 PM
 #293

The price is rapidly going down because of those who are panic selling. With all the negative news out there, no wonder there are a lot of users especially the newbies are really terrified and are panicking. Well if they think about it, it is not helping them at all, they may lose more when they panic sell their coins.


The price are not steady and going down because of less demand and some confusion on the market but it is not a stable we can wait and watch for the changes hope the possibility of increments are higher.
Mr.John19
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June 01, 2018, 04:27:45 PM
 #294

When I visit the coin market cap, I saw bitcoin drop 1.48% as of now. For me this exclusive an ordinary drop. Last week when I recollect the bitcoin drop very nearly 8% not only bitcoin but rather nearly of the digital currencies are bloody. The reason coins are a drop because of the issues for the most part bitcoin has dispensed of issues on this year if we thought about it a year ago. I think because of the value of the bitcoin increments to colossal last December. Such a major organization like Facebook need to supplant the bitcoin.
Brangos99
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June 01, 2018, 04:44:18 PM
 #295

Bitcoin exchange rate decline occurs before the sale with the number of speculators. Not only that, the Bitcoin exchange rate dropped dramatically as well as the interest of users in digital money began to switch to other types of digital money like Ripple, Litecoin, to Ethereum.
imking
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June 01, 2018, 05:39:57 PM
 #296

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
To become a celebrity, you must have a allot of fun in every corner you need a lot of advertisement on the social media, and if you have a lot of anti-fun, there is a tendency to lose your career. However. This year bitcoin got allot of anti-bitcoin. Facebook ban all the advertisement we all know the significant effect of having an announcement on the Facebook. Not only that the government are planning to have a regulation of all crypto they do it because some idiot people use bitcoin as a tool on different criminal activities.
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June 01, 2018, 05:49:14 PM
 #297

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
To become a celebrity, you must have a allot of fun in every corner you need a lot of advertisement on the social media, and if you have a lot of anti-fun, there is a tendency to lose your career. However. This year bitcoin got allot of anti-bitcoin. Facebook ban all the advertisement we all know the significant effect of having an announcement on the Facebook. Not only that the government are planning to have a regulation of all crypto they do it because some idiot people use bitcoin as a tool on different criminal activities.

The reason for the fall of crypto currencies are not a good demand and some changes in the crypto markets but stability is maintained by the bitcoin so don’t worry for sometimes.

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orarider
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June 01, 2018, 06:50:25 PM
 #298

I think bitcoin prices are going down rapidly due to the impact of the economy. The world economy is going down and the number of people buying bitcoin is less. This makes the bitcoin prices drop sharply. Many large corporations do not want to invest in bitcoin making it drastically reduced.
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June 01, 2018, 06:57:34 PM
 #299

Bitcoin is the major crypto currency and its market is found volatile Bitcoin is suitable for the day trading.Mostly the new bie's are investing to bitcoin at the peak market which is totally unsuitable for the investment. Whenever the market is subject to the correction the price will be going down mean time the new bie's who has entered to the market at peak level were in panic and selling  bitcoin untimely and booking lose that situation the market will be going down rapidly.
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June 01, 2018, 07:09:01 PM
 #300

Pretty sure it is all about continues banning of advertising in Facebook, google,and other countries that stop patronising cryptocurrency. Advertising can attract more invetors but sadly now it was banned in some social media.
facebook and google forbid bitcoin, i think that they want good for us. In late 2017 there are many fake projects advertised on google sites and facebook. A lot of people have been cheated on by fake ICO projects
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