Why the price of bitcoin rapidly going down

[Froloff92]

No one could control bitcoin, when someone needs cash they certainly sell bitcoin they will do, but I'm sure that the main factor that makes the price of bitcoin rapidly going down is the number of negative news about bitcoin.

[Chicksteen]

Its just a temporary, although bitcoin price goes down many users are still invest with bitcoin and they think that this is the right time to invest or buy bitcoin. It would be back or rise again bitcoin value is so volatile and mystery.

As we can see that bitcoin price is continuously  falling and one of the reason why it is happening because of a lot of people dumped their bitcoins. Of course as a human, emotion is still part of it. If you see that bitcoin is falling and you also see that you are losing your money too. The first thing that will pop up is nervousness. You might think that all your investment will might drained and it will lead you to dumping. That's why we need to encourage those bitcoin holders to hold their bitcoins to help bitcoin to rise again.

[daarul50]

The cause of bitcoin prices continues to decline is the absence of incoming funds that exceed the amount of market capitalization bitcoin, if there is incoming funds by market capitalization bitcoin at this time maybe bitcoin price will increase doubled after the fund into bitcoin market.

[Hellokitty09]

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

The most prominent reason for the price of bitcoin rapidly going down is that the demand of it among the investors has decreased and that there are not much people buying Bitcoin. Second, the remaining investors who still have faith in Bitcoin are holding it which has established its prize. Under the situation of current price, it is advisable to hold on to the investments till the price gets back to normal. That thing, market is now highly spread which means that new entrants entering the market are pretty less now so fluctuations too are pretty less.

[BlackBeauty]

The cause of bitcoin prices continues to decline is the absence of incoming funds that exceed the amount of market capitalization bitcoin, if there is incoming funds by market capitalization bitcoin at this time maybe bitcoin price will increase doubled after the fund into bitcoin market.

Yes that's why its price rapidly going to down and some people sell their a lot of bitcoin, so it can decrease the price of bitcoin but it doesn't matter because bitcoin price is actually rapidly high and profitable, so it is very important to hold money in bitcoin and if people need money so they can sell little bit amount of bitcoin because it will more beneficial for them in future.

[Best Dreams]

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.

You are right tit is not only going down but to some extent it is getting high as well but the only factor which effect the price of bitcoin is the demand and supply so if you see bitcoin is at high demand be sure that soon price of bitcoin will rise more than double and we will get high profit from it, but if you see that supply is getting higher than demand mean price Is going to get down so I think price has started to rise now and will increase more and more with time.

[geopolisch]

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

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.

All the crypto coins are having highly volatile nature and that their market values keep on changing most of the time. the market is behaving in a different way since last few weeks and that most of the investors are not happy with the way market is behaving but this is something which is obvious and that we must face similar thing in the future too. So, it is better to make the plan accordingly.

[joburgtaxi]

There is many price affectors in Bitcoin case, almost any significant news can drive it crazy up or crazy down, so be careful about news

[Boh manok]

Bitcoin prices drop dramatically due to the year-earlier effect which is where every year the bitcoin is always down and again a lot of negative issues sticking out so that the price of bitcoin down there may be again by banning the circulation of bitcoin in some countries that many bitcoin enthusiasts, such as in 2017 past the ban in China so that the price of this bitcoin drops very drastically.

[Escan0r]

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

I think because bitcoin gets more rivals like altcoin because more and more altcoin people will split their investment not just in bitcoin.

[stuartup57]

bitcoin is going down because regulation has not stteped in, and people were waiting for regulation to step in before the next wave starts.

[baconlike]

Bitcoin prices drop dramatically due to the year-earlier effect which is where every year the bitcoin is always down and again a lot of negative issues sticking out so that the price of bitcoin down there may be again by banning the circulation of bitcoin in some countries that many bitcoin enthusiasts, such as in 2017 past the ban in China so that the price of this bitcoin drops very drastically.

In my opinion, there are a lot of people who are investing in surfing, not holding long positions, holding them for only a few days and selling off small price gains. That is why the BTC price can not increase as in previous years, now BTC only fluctuate at $ 7000-9000. Do not rise higher.

[BossMacko]

Its not rapidly going down it hits some point then eventually pump then some will dump again and buy in a lower price. Keeps happening every time but price still good. Go with the flow if you want to profit.

[mason13]

Because of big depression among bitcoin investors. They don't believe in it anymore and deciding to left the market. There are no very good and big news like in 2017 (hardfork, futures). Now its not rapidly go down but consolidates 7300-7800$... But I hope that all will change near the New Year. I think we will see 15,000$ again this year.

[kimpena]

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.

Yes because it just  like the supply and demand. Actually, bitcoin was not rapidly going down, because as we observe we can see that still there are times that it was increasing. Remember  bitcoin was volatile which means there are time where it pump and as well as dump. This happenings will test how long would you going to hold your bitcoin to get profit.

[rapidleech]

For real, that could be even scam ICOs undermining market a bit. But I tend to think the market is going to be bullish right now, bulls want to get it back to 8200-8500$ mark.Don't forget all that loud assertments about BTC being a bubble this week)

[mbm_ico]

Bitcoin always fell and successfully rose from his knees. Therefore be patient, bitcoin will grow again. 

[airdrophunter]

That's because bitcoin is already a mainstream crypto which means more and more people are already getting to know or already know about bitcoin and the moment they invest, then it will cause bitcoin's market price to rise. Whales who are also selling or buying bitcoin has also a big contribution on bitcoin's market price.

[bitzizzix]

Do not panic with the current bitcoin situation and now the bitcoin is down and there is no progress and although there is only a slight increase it will definitely come down again. Let's just say this is a game of who is strong hold those who will win it and will be lucky.
and the right action for now is to hold it patiently and calmly, and we must keep believing in bitcoin as it will go up and up again despite having to wait a long time.

[genixye]

I think the price of bitcoin has fallen rapidly because the demand for it has fallen and more people are selling it than are buying it.

The negative news has also affected one of the key factors in the bitcoin market.