satriagedhe
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June 27, 2018, 09:19:05 AM |
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the news about some exchange get hacked , and from that people panic and keep selling their assets and make the bitcoin price rapidly going down
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Greenkarki
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Activity: 420
Merit: 19
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June 27, 2018, 09:36:30 AM |
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Due to many negative news spread about bitcoin recently, at the same time big whales are manipulating the market according to their movement. People are getting panic and sell thier bitcoin. These reasons are make bitcoin price to go down. But no one stop the growth of the bitcoin. Surely the market will recover soon and bitcoin hit the maximum price this year.
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jaocoincrypto18
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June 27, 2018, 09:51:35 AM |
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The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary.  I believed this was due to uncontrollable events like the hacking of coinrail exchanges in South Korea in which a huge amount of Bitcoin and Altcoins were stolen then sold making the Crypto market to crash and also before that MT.Gox was also sold a considerable amout of Bitcoin that no wonder the price of Bitcoin continue to fall but yes this is just temporary as once Bitcoin price become cheap it will be an opportunity by the others to buy more. |
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TheGreatPython
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June 28, 2018, 12:05:28 PM |
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The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. This is will be just temporary and not permanent. Most of us, especially those of us that have been into this for a long time now already knows that this is a regular thing that happens almost all the time. And when it happens, after sometime, before the end of the year, the price will recover. So the best thing is just to HODL as long as you can and wait for the price to recover. But don’t forget to always cut your loss, no matter how things has been in the past, don’t use that to judge the present. Always calculate your steps. I also think that this fall in the price is for the time being and in the near future it will grow again but the question is why it is falling more and more? I think that the reason for the dip in the price is uncertainty of the future. Most people think that bitcoin is a bubble and will burst in the air and all the investors will lose their money, but I think that it is just nonsense and there is nothing to worry about bitcoin future. |
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Rhaizan
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June 28, 2018, 12:29:53 PM |
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The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. This is will be just temporary and not permanent. Most of us, especially those of us that have been into this for a long time now already knows that this is a regular thing that happens almost all the time. And when it happens, after sometime, before the end of the year, the price will recover. So the best thing is just to HODL as long as you can and wait for the price to recover. But don’t forget to always cut your loss, no matter how things has been in the past, don’t use that to judge the present. Always calculate your steps. I also think that this fall in the price is for the time being and in the near future it will grow again but the question is why it is falling more and more? I think that the reason for the dip in the price is uncertainty of the future. Most people think that bitcoin is a bubble and will burst in the air and all the investors will lose their money, but I think that it is just nonsense and there is nothing to worry about bitcoin future. Not all people will accept bitcoin and also not all of them know the real bitcoin, some of those people who hate bitcoin is not believe on it and they think that bitcoin is just a bubble, but let us wait until they will see the real worth of bitcoin. |
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bajingluncat
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Activity: 406
Merit: 2
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June 28, 2018, 01:34:17 PM |
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probably because the scam coin coins could be one cause or maybe many who blaspheme bitcoin, causing fear in the community to mine or use bitcoin so that reduce the demand of bitcoin market
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viananda2525
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June 28, 2018, 01:51:41 PM |
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The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. This is will be just temporary and not permanent. Most of us, especially those of us that have been into this for a long time now already knows that this is a regular thing that happens almost all the time. And when it happens, after sometime, before the end of the year, the price will recover. So the best thing is just to HODL as long as you can and wait for the price to recover. But don’t forget to always cut your loss, no matter how things has been in the past, don’t use that to judge the present. Always calculate your steps. I also think that this fall in the price is for the time being and in the near future it will grow again but the question is why it is falling more and more? I think that the reason for the dip in the price is uncertainty of the future. Most people think that bitcoin is a bubble and will burst in the air and all the investors will lose their money, but I think that it is just nonsense and there is nothing to worry about bitcoin future. Not all people will accept bitcoin and also not all of them know the real bitcoin, some of those people who hate bitcoin is not believe on it and they think that bitcoin is just a bubble, but let us wait until they will see the real worth of bitcoin. people that said bitcoin is bubble just look from on side, from bitcoin value.they didnt see about bitcoin technology in future that able to be global payment and about blockchain technology |
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xandra
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Activity: 280
Merit: 10
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June 28, 2018, 01:55:56 PM |
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The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. The downfall is a temporary event came with bitcoins and this one happens due to some fuds scattered, the big one is the google banning the crypto ads which totally hurt the whole cryptocurrency ecosystem. But surely the price and the cap will recover soon and we will see the massive pump coming on future. Definitely agree with you mate this downfall is only temporary because of so many FUD news scattered all over the internet that is why some get panic and sell their coins which makes more the market down but me I never doubted bitcoin and I always believe that it will recover and pump soon. |
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rickyharun
Jr. Member
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Activity: 197
Merit: 3
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June 28, 2018, 02:45:40 PM |
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the news about some exchange get hacked , and from that people panic and keep selling their assets and make the bitcoin price rapidly going down
people being panic with their money after heard about exchange hacking.the money stolen from exchanger could make cryptomarket go down again if hacker dumping their coins/ tokens. |
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royal slave01
Newbie
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Activity: 29
Merit: 0
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June 28, 2018, 03:00:35 PM |
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I think the reason why bitcoin us still dropping its because cryptocurrency market is still very weak due to continuous panic selling of some people who afraid that their crypto invested becomes zero in value in coming days.
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Dheo
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June 28, 2018, 03:25:25 PM |
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The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. The downfall is a temporary event came with bitcoins and this one happens due to some fuds scattered, the big one is the google banning the crypto ads which totally hurt the whole cryptocurrency ecosystem. But surely the price and the cap will recover soon and we will see the massive pump coming on future. Definitely agree with you mate this downfall is only temporary because of so many FUD news scattered all over the internet that is why some get panic and sell their coins which makes more the market down but me I never doubted bitcoin and I always believe that it will recover and pump soon. What is happening now is temporary, actually even the bitcoin will reach again a highest price it will be also a temporary, the most important is you know how to earn profit. |
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Andalusy
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June 28, 2018, 04:14:52 PM |
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There are so many reasons for rapidly bitcoin going down. Many false news comes about bitcoin like bitcoin is going to ban. I think, Hereafter the price will not increase like this news make people get panic to hold bitcoin. Now people afraid to invest or hold the bitcoin. They are ready to sell their bitcoins and investors not ready to invest. Due to these reasons the supply of bitcoin is limited. This would make bitcoin price rapidly going down. And other reason
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Gila uang
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June 28, 2018, 04:36:57 PM |
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although slowly but Bitcoin prices are now starting to rise and this is certainly a good signal for bitcoin growth in the future, and I'm optimistic if in the next few months bitcoin prices will return to reach $ 10K
I think Lighting Network is just some of the good news for bitcoin, but until now we have not gotten the latest about the light network. However, the lighting network only affects the temporary bitcoin price, after which the bitcoin price volatility will continue to exist. Many things are down and rising bitcoin prices, this is a risk where the market is so dominated by speculation. |
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lelangsabun
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June 28, 2018, 04:40:26 PM |
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well bitcoin have suffer to many, in many bad new or event that making the price rapidly down and some strict from any goverment that make it even worsed, bitcoin will rising but it needs take a time,
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kingkonjac
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June 28, 2018, 04:54:40 PM |
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I hope this is temporary, something is working against the flow of the market, for example tehter was considered legit and btc fell more, probably the big whales who are bearish are stronger.
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Konco126
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June 28, 2018, 05:41:54 PM |
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I think this bitcoin price reduction is caused by panic by many big investors in this forum, panic can happen because of the prohibition of bitcoin in some countries. But I still believe the future price will improve again. Because we know in this world there are still many countries that have not banned the bitcoin.
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Cryptoproff
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June 28, 2018, 05:48:47 PM |
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This is going to be normal, bitcoin and other cryptos would experience rapid going down, but it will not forever, time will come that it would return to its greenish form of market, we do not worry it will not last long, so just keep on trusting bitcoin, because it will recover for such a time.
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erominer
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June 28, 2018, 05:54:07 PM |
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i think its because it went up so high to early last year.
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SweetCryptoNews
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June 28, 2018, 06:21:27 PM |
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The price of bitcoin is reduced without any fundamental factors. Now the fall is due to the manipulation of large traders, but soon I think the growth will start again.
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nydiacaskey01
Legendary
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Activity: 1834
Merit: 1036
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June 28, 2018, 07:15:47 PM |
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One of the reason why there's a sudden soar of Bitcoin price last year is the new investors who want's to try trading crypto currency. Problem is when they reached their goal, this new investors pulled out their investment showing a huge dump of coins in exchange sites. With this kind of practice, it realy scares those who are new in crypto trading specially those who doesn't have any idea about cryptos and how the price moved from the passed few years.
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