Why the price of bitcoin rapidly going down

[joburgtaxi]

There is so many reasons for that and I believe for one of them is the worldwide news that is going on right now just look on the world

[magmar]

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

Yes they are temporarily going doing by unknown main reasons beause there are a lot of reasons why the bitcoins are falling but all we can say that they arw falling because there is a lot more sells rather than buy as simple as that because if we follow the supply and demand law you can see that if the bitcoins demand is decreasing of course the price will go down. So that is what happens if we panic sells because the value really drops at all. If you wanted for the bitcoins to rise then buy some. Nothing is permanent in this business

[rapidleech]

Well it doesnt make sense to raise everyday. its free market. when it goes down it is a good opportunity to buy. when it goes more down it is a better opportunity to sell or buy more.

[joburgtaxi]

I heard the theory that whales are manipulating right now in order to get bitcoin down and then to buy for themselves a larger amount that they could

[kalawang]

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 it is because of cryptocurrency whales. They manipulate the price of bitcoin thats why its rapidly down now. The real world is to give you have money real estate. The best for me to buy it is a new wallet and technology. The problem is the world of our government and I lean on your time to upgrade the world so they use it

[RainyDay23]

I saw a video that early Bitcoiners cashed out last December and January, to the tune of 30 billion dollars. I can easily imagine that this cashing out is ongoing.

[jeluhtajem]

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.

[Nick Abimanyu]

I don't think the decline this time is caused by the manipulation of the whales, but the existence of sales with small quantities but is global, so the volume of sales becomes very high, then by itself bitcoin prices decline.

[kabelpeggek]

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.

[PrudnikovLS]

Yes, this phenomenon is temporary, while traders are speculating in the market and deliberately reducing it to buy at a more favorable price.

[babaya]

I heard the theory that whales are manipulating right now in order to get bitcoin down and then to buy for themselves a larger amount that they could

that will always happen crypto market.and newest news is amount of 90000 bitcoin moved to exchange wallet and dumped it.i think is whales play to make retail trader panic and sell their bitcoin

[hubballi]

I heard the theory that whales are manipulating right now in order to get bitcoin down and then to buy for themselves a larger amount that they could

that will always happen crypto market.and newest news is amount of 90000 bitcoin moved to exchange wallet and dumped it.i think is whales play to make retail trader panic and sell their bitcoin

Actually their is two option one what you said and the another one is that recent exchange got hacked and the hacker is dumping it. The small traders are selling in fear of price getting dumped

[15putriutami]

Probably because the marketing system that people do is different and now bitcoin prices are down maybe it's the trigger factor is the people who sell it when they panic and they contribute in lowering bitcoin prices.

[merrillolive]

Currently there are too many people distrust the BTC, they have abandoned the BTC to sell their BTC out of the market, so the current BTC prices go down quite deep. In the coming time, BTC may increase again. So please rest assured.

[cryptobluemoon]

after the news broke out coin rail exchange hacked worth of 40 million dollars gone missing this news efforted bitcoin price very badly

[Doghunt87]

dumps like these always happens with bitcoin don't worry about it the price will rise up pretty soon just HODLLLLL

[rapidleech]

This is nature of free market. you cant expect non stop rising! its not possible at all. we ve seen alot of rise & fall in crypto world. so get used to it.

[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. 

Right, long live for a true cryptocurrencies. Most of us fear the ending, but come to think of it. Bitcoin prove that in years despite the fake news and issues. Our money will fade right away if we are always on the peak prices. We have to wait to rise again.

[ninio]

It is because bitcoin is volatile so its normal that it will dump its price because of the supply, also lots of issue and big holders of bitcoin are sell their holding coins thays why the market are struggling at this moment but its all temporary we all know that it will recover and back again to their place.

[frolovsta]

There can be a various reasons behind the price drop but the most important in my opinion is the increasing popularity of alt coins. The money invested in crypto is now divided in so many coins.