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Author Topic: Why the price of bitcoin rapidly going down  (Read 5900 times)
diodorako
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July 30, 2018, 01:11:16 PM
 #721

It will move up now only as we are in second half of the year. This was golden period for crypto last year.
destiny100%
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July 30, 2018, 01:28:19 PM
 #722

It will move up now only as we are in second half of the year. This was golden period for crypto last year.
The current market is quite bleak at the moment. It is very difficult to let it grow. If the market goes down a lot then I think the rate will rise higher at the moment.
danipay
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July 30, 2018, 01:50:11 PM
 #723

because there is a big mafia who is playing, by selling all the bitcoin that has been obtained from the bitcoin scam website they have created. many HYIP sites underwent bitcoin investments that led to a scam, and now it's time for scammers to sell bitcoin from their scams. the point is, the bitcoin price drops because of the coin "scam that promotes its homemade coin and to reap big profits and then run.
mjaranzasu
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July 30, 2018, 01:50:40 PM
 #724

Bitcoin price are rapidly going down because some of  holders are selling there bitcoin and some are panicking to sell bitcoin. I think these is the reason why bitcoin price goes down . This is a normal correction, its price will be rise again. You only need to do is to have patience for waiting of the higher price

Yeah, and also those fud and negative news that affects the price of bitcoin but all of this are temporary only and the price of bitcoin will recover again very soon, we just really need to hold and keep believing.
baricuri
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July 30, 2018, 02:09:57 PM
 #725

No, now they have grown back, they will bring you high value if you continue to hold them, now the growth rate of the BTC is slow, but according to my forecast in two weeks BTC will increase very fast

Matic
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July 30, 2018, 05:19:48 PM
 #726

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
Because it is a down trend for bitcoin right now, obviously we are having different market conditions when it is off and when it is down, So you don't need to be worried about that just wait for an uptrend instead.

royaljack200
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July 30, 2018, 06:16:07 PM
 #727

The price fluctuates a lot. It's super volatile unlike gold/silver. Recently they Bitcoin ETF got rejected by the SEC and that slightly caused Bitcoin to go down. But I'm sure Bitcoin prices will go back up again. Just like it did last year. Also, I think there are a lot people dumping right now so the prices are going down. It will go up.
Xenoph0bia
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July 30, 2018, 09:00:39 PM
Last edit: July 30, 2018, 09:14:13 PM by Xenoph0bia
 #728

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 market is showing very positive signs, you can see that bitcoin prices are constantly fluctuating and adjusting strongly in the past few days and are recovering very quickly. Bitocin price is now adjusting to $ 8200 and I believe that bitcoin prices will probably continue to increase in the coming days and to be able to rise sharply this adjustment is necessary.
Bitcoin's price is determined by a number of factors.The amount of investment done in bitcoin determines the price of bitcoin.The forces of demand and supply also play a role in determining the price.If the demand is high then the price will rise and if the demand falls then the price will fall.Some countries have also banned bitcoin which has also created a downfall in its price.Holders are also selling their bitcoins as the prices are not rising and which is further leading to the fall in price.
ashame
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July 30, 2018, 10:10:06 PM
 #729

With my mind, part of the reason is the negative predictions from the analyst team, the virtual currency market recently also appeared a lot of bad news, raising doubts about the safety of money investment virtual. This also contributed to lowering bitcoin prices.

It depends on the holders who are burning their funds, the panic sellers and the community that cannot hold bitcoin that long.
ashame
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July 30, 2018, 10:29:07 PM
 #730

This is the trend of trading platform, When you go to buy and sell then you may have this type of situation. It's called market manipulation. Sometimes the price goes up and sometimes the price goes down. It's a normal process for every stock platform.

The price of Bitcoin depends on the holders of it, and also to the community who are using crypto currency as their means of earning, and the people who are behind those false statement about Bitcoin.
slashz9
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July 31, 2018, 04:26:27 AM
 #731

yeah i hope so, because so many rumor bad about bitcoin and another crypto make some people panic anda sell their assets, that why the price countinue down, now in Q3 i hope the price will continue to improve, because the price has stable 8k,and many ccountry began to glance at the crypto.
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July 31, 2018, 04:54:03 AM
 #732

I think the bitcoin price is very fast down because there are so many traders who panic that make the bitcoin price quickly down, you should be able to take advantage of these moments to be able to get very much benefit from buying coin when the price is cheap.
jenpot
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July 31, 2018, 05:05:00 AM
 #733

The price of bitcoin going down because of banning crypto in social media, advertising a fake news about crypto thats why more people panic to sell out of thier holdings. But we see know price of bitcoin is going up to 8k and i believe market is started to recover again.
Emigham7
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July 31, 2018, 05:25:59 AM
 #734

It's part of the game in investment. If it keeps going up just like that, it will crash out of the market. Going up and down give it balances and makes it stronger.
kulagina
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July 31, 2018, 06:49:04 AM
 #735

Bitcoin prices are not going up because the investors are looking to make quick profit with alt coins. There are so many alt coins and the money gets split in all.
martynovro
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July 31, 2018, 07:22:23 AM
 #736

It is going down because there is no major media coverage. Most of the channels portray it as a failure now.
sorokinan
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July 31, 2018, 08:19:49 AM
 #737

The trust of people is affected as biotin prices dropped from $20 k to $6k in few days. May be those people left crypto.
avrori
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July 31, 2018, 09:11:07 AM
 #738

One thing is for sure, if bitcoin did not move up for remaining months of the year, I will take out everything. Not worth it anymore.
pahomovat
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July 31, 2018, 10:08:12 AM
 #739

It is just temporary, if you see there are some rises as well. I think that we will see huge rise in coming months just like last year.
MrKubeem
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July 31, 2018, 10:20:03 AM
 #740

Many got some trouble with countries regulations, Scams and almost anything had been thrown to bitcoin. Certainly not good because the result is that it creates a chain reaction to most investors. Fear of one is fear to the many. So while in the state of FUD in one's mind as perhaps which is due to influence, people are even willing to sell their bitcoin on a losing price. So this is the reason why bitcoin could drop so easily as of now.
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