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Author Topic: Why the price of bitcoin rapidly going down  (Read 5939 times)
Babyhouse
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July 14, 2018, 05:12:04 AM
 #621

Simply because bitcoin price is volatile. Its price can swing wildly on the turn of a dime, making and breaking fortunes in the process. We must expect that its price can go high or low since there are many factors that affects it.
satana_igor666
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July 14, 2018, 06:28:30 AM
 #622

The problem with the price of bitcoin is well known.  Against the backdrop of rapid growth, many started selling their bitcoins and the price began to decline sharply.
BitcoinCommodor
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July 14, 2018, 10:20:48 AM
 #623

Bitcoin is designed to fluctuate consistently, It matter's on the supply and demand, The more investor's the merrier, This is my simple point of view, However as we go on, There are also sprouting ICO's who wants to challenge bitcoins, Alt-coins are also part of competitor, this will give investors an idea of where to choose,
I do not think the price is rapidly going down. It has been rather going up since the arrival of July. You might have observer the falls in the values of Bitcoin recovered in the start of July. Ever since you have not encountered any other. This means that Bitcoin is showing its reluctance to the fall and it night rather rise onwards. We have been expecting good rise in the market values till the start of December.
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July 14, 2018, 05:55:23 PM
 #624

The price of bitcoin snow at a correction phase this happens when a lot of people start investing small amounts of money in bitcoin  which they then hold so there are not enough transactions of demand for bitcoin in the market then the currency devalues,


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July 14, 2018, 07:25:17 PM
 #625

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

The answer is very simple, most of the investors today in the market are selling their coins because the market prices are dumping and those are bunch of people who invest because of the hype in the market.
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July 14, 2018, 08:03:23 PM
 #626

The best option is to buy it when there is a very low price, follow the levels and look at various factors such as the same level and the overall situation on the market
Okrah
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July 14, 2018, 11:17:41 PM
 #627

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


If you want to earn more profits thruogh your investment in bitcoin, now is the best time to buy because the price is rapidly fluctuates. Do not be over worried about the price fluctuation because is just a temporary. Just prepare more bitcoin because the peak season is coming for sure the price of bitcoin will be hits to the highest level.

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July 14, 2018, 11:30:05 PM
 #628

I can't really understant it, why there is a really bad situation on the cryptocurrency's market... I follow this for 3month and we see only worse situation everytime...
I think the price or the value of bitcoin is still dumping because a lot of holders is selling there bitcoin when the value is still low, and i believe that the other reason why bitcoin price is going down because some investor is investing there money in a good ico rather than to invest in bitcoin.

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July 14, 2018, 11:42:36 PM
 #629

if you just compare the price of Bitcoin 6 months ago to the current price then you will find that the price of Bitcoin is rapidly going down, but if you look at and compare the Bitcoin price from 2011 to the present then you will find that the Bitcoin price goes up...and I'm getting that Bitcoin's current price is going up not going down, even though Bitcoin's price ever gets to $19000...

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July 14, 2018, 11:54:45 PM
 #630

The best option is to buy it when there is a very low price, follow the levels and look at various factors such as the same level and the overall situation on the market

Yup, I agree with that. I recommend to all to buy bitcoin now, when the price is really small and hold it for a time and sell in a higher value.

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Dillnoon
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July 15, 2018, 12:18:14 AM
 #631

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


If you want to earn more profits thruogh your investment in bitcoin, now is the best time to buy because the price is rapidly fluctuates. Do not be over worried about the price fluctuation because is just a temporary. Just prepare more bitcoin because the peak season is coming for sure the price of bitcoin will be hits to the highest level.
Right. When you join this market do not rush. Please do not worry too much. This time the appropriate recognition to enter the market, observe carefully there is hope and reach the goal immediately.
mandro
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July 15, 2018, 12:22:10 AM
 #632

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

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.
You say very well. The reason is also partly due to google, which limits the ads, leading to unknown investors many. And make sure the market will recover soon. By the head, there are specific plans to capture the market already. Everyone should be calm and invest.
zhelis74
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July 15, 2018, 12:26:33 AM
 #633

if you just compare the price of Bitcoin 6 months ago to the current price then you will find that the price of Bitcoin is rapidly going down, but if you look at and compare the Bitcoin price from 2011 to the present then you will find that the Bitcoin price goes up...and I'm getting that Bitcoin's current price is going up not going down, even though Bitcoin's price ever gets to $19000...
Yes, because that is the nature of crypto currency of being volatile. Bitcoin price will depend on the market status by its supply and demand and I think big whales can do such abrupt changes of bitcoin market by dumping and pumping and so on with the daily traders it will greatly affect bitcoin's price.

v_Harley
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July 15, 2018, 01:57:03 AM
 #634

Each country's government banned in BTC command, the price for influence is the largest, market decline is a law of nature, but the impact on the price sure no government.

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nagobinga
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July 15, 2018, 02:01:15 AM
 #635

because this certainly can not be guessed the price will make ups and downs every day but if we look at it every second will definitely get very profitable results.
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July 15, 2018, 08:16:18 AM
 #636

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
In my own personal opinion, the price of bitcoin is rapidly going down because there are some countries who just started to banned bitcoin and there are false news in social medias that bitcoin is just a scam, which is not really true. People do this such things because they do not believe in bitcoin and in cryptocurrency that bitcoin can help the economy.

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July 15, 2018, 08:18:06 AM
 #637

Perhaps because more and more new ico emerging allows investors to spread the investment that was just for bitcoin to be an investment in altcoin. Because I think more and more good altcoin will probably compete with bitcoin later on.
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July 15, 2018, 09:00:34 AM
 #638

It is a chain reaction. Lower prices prompt more people to sell their coins, as they are looking towards cutting their future losses. And this in turn pushes the prices even further down.
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July 15, 2018, 09:09:01 AM
 #639

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
you are right, this is only temporary.
no need to worry even more do panic sell, it will harm you and also will have a negative impact on bitcoin. because if the sale of assets on a large scale then indirectly bitcoin will be affected by negative impacts.
it will make the bitcoin price fall.
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July 16, 2018, 08:17:21 AM
 #640

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.

I agree with you. Is too long for the market in whole, always after falling down it grows up. Yes of course it depends on time but still you will have profit.

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