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Author Topic: Why the price of bitcoin rapidly going down  (Read 5889 times)
3la9l_kolbaCa
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August 15, 2018, 06:08:54 AM
 #881

I think this is the season of altcoins going down, or maybe many people spread bad news about bitcoin or they called FUD, we need spread good news about bitcoin and what bitcoin function and do in the future, because we know what can bitcoin do and function and bitcoin can help many people as their transaction payment mode.
Indeed! It totally affects the status and movement of the market. Banning issues, negative news, or media have so much influence in the rapid fluctuation of the price. It's important that we are aware and embrace of what's the real nature of bitcoin, be prepared of the possibilities, and don't panic.
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August 15, 2018, 06:15:42 AM
 #882

The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
Yes, it is only temporary and it is a sign that manipulation is becoming stronger. We need to be careful in investing in the market now. There are many risks waiting for us and the market is lacking in stability.
Focus on analyzing and predicting trends in the near future, I think that's a good decision.
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August 15, 2018, 07:11:35 AM
 #883

There are several factors due to which the prices are going down. The first one is the bad performance by the ICOs. This had made a lot of investors quite skeptical to invest in the crypto market. Other factors are dumping by the Mt Gox trustee, discouraging reactions by the SEC.etc.
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August 15, 2018, 07:45:34 AM
 #884

It is clear because in this world there is no eternal, especially in the world of commerce or business, up is not always up and down does not always go down.
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August 15, 2018, 09:00:05 AM
 #885

The value of bitcoin is going down due to the news of google about banning cryptocurrency related ads and ICO. But not only that Twitter and instagram according to some articles are also making those actions. Though it is unverified information but it is making a stir on the market thus have played a role on the drop of bitcoins value. But thanks to the news on G20 that says they are going to tackle about the benefits of cryptocurrency, bitcoin has recovered its value and hopefully to climb up more.

good answer! I agree with opinion of you
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August 15, 2018, 09:08:58 AM
 #886

When the market gets worse, many people get scared.

This is only temporary. I think bitcoin will definitely go up again in a few months.
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August 15, 2018, 09:13:21 AM
 #887

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

Of course it is just temporary. Remember to believe in Bitcoin to rise back to where it was last year or even more. Bitcoin already reached an all time high of $20k, so it is not impossible for it to reach that high again and even surpass the previous all time high.

dodgi
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August 15, 2018, 09:34:12 AM
 #888

Big whales manipulate the market, so the price jumps up down

Zero504
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August 15, 2018, 10:24:38 AM
 #889

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

Of course it is just temporary. Remember to believe in Bitcoin to rise back to where it was last year or even more. Bitcoin already reached an all time high of $20k, so it is not impossible for it to reach that high again and even surpass the previous all time high.

I even think that bitcoin will not return to its best price in the past year, there is a lot of controversy from the government that was not obtained in the previous year, the current price decline is thick with hype to slow the increase, I believe in September prices will recover due to the latest momentum what can be done is a price increase at the end of the year that must occur.
princejohn19
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August 15, 2018, 11:45:16 AM
 #890

Why the price of bitcoin rapidly going down because so many people knows about bitcoin rightnow they sell their tokens thats why bitcoin is going down rapidly and one matter is the investor the lesser the investor the price will going down.
BigBossWithNoMoney
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August 15, 2018, 11:45:56 AM
 #891

We may see the bottom at about $3000. That's possible.
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August 15, 2018, 11:51:18 AM
 #892

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 definetely right about that. Yes, bitcoin is temporary. Temporary high in price and Temporary in lower price. There is no permanent in crypto market. As of now, we can say an accurate reason why the orice of bitcoin is rapidly going up and down. There is a rumors that bitcoin price is going down because many people are selling bitcoins. And I do not think if its true or its just a opinion of other people.

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August 15, 2018, 12:58:16 PM
 #893

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 opinion the price of bitcoin is rapidly going down is because many of bitcoin holders are dumping or selling their investment because they are avoiding the losses they might face.

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August 15, 2018, 01:02:27 PM
 #894

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.
No it is not so, I think that quick profit is only possible from bitcoin investment. I think that there some other reasons which are restricting bitcoin price to increase. But I am sure that very soon everything will become clear and we will see bitcoin price to start increasing and even reaches to its previous high price very soon.
Andrew S
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August 15, 2018, 01:12:12 PM
 #895

Many factors that affect the price reduction - the decline in popularity among people, government distrust, etc.
shainasaz
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August 15, 2018, 02:26:55 PM
 #896

That's very normal to be happens because bitcoin is not stable so we can't sure that bitcoin will not going down so that's why expecting that it will happens. But no worries because that's a temporary only everythings will be fine.

runway
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August 15, 2018, 02:36:01 PM
 #897

BTC's price decreases at the present time may be because large investors try to force prices down so that retail investors get out of the market. And when the price of BTC drops to a low level, big investors will buy more. that's what I'm taking off.
salfogox
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August 15, 2018, 02:39:46 PM
 #898

there can be many reasons for this. but the greatest reason is that the whales do not want the bull run yet. these guys are controlling both money and the public.
Xuaquing141
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August 15, 2018, 02:41:25 PM
 #899

I think the bitcoin price rapidly going down due to the psychology of investor. They do not trust in crypto and bitcoin and sell this token to fiat to cut off the lost and make the bitcoin price down. But crypto and blockchain have many advantage than existing technology and i belive that the market will recover soon.



dasana212
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August 15, 2018, 03:13:15 PM
 #900

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 opinion the price of bitcoin is rapidly going down is because many of bitcoin holders are dumping or selling their investment because they are avoiding the losses they might face.
That is one reason, the another reason is because the SEC still rejects the ETF Bitcoin
so shareholders back releasing his stock. But I believe the price of Bitcoin will be rising again.
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