mamarried
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August 23, 2018, 11:14:08 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.  There are many aspects right now on the world stage that can cause bitcoin price to go there, and also we'll need to see the value of BTC without a hyped pump, or something like that. |
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
hard to stifle." -- Satoshi
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pro army
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August 23, 2018, 05:35:42 PM |
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It is because many have already investing bitcoin in short, bitcoin has a high demand. If it is a high demand the consumer has buy many bitcoin and what happened next is the stock of bitcoin has became low.  |
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Visteryy
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August 26, 2018, 08:59:47 PM |
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Yes, to many people are selling their bitcoins. If we wait, as you say, maybe with that price will be higher than now and back to it's best times.
Those who have no faith in bitcoin will sell their btc number. Lead to a series of people selling at the same time. And certainly its price will decrease as well. |
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turagsoy123456
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★Bitvest.io★ Play Plinko or Invest!
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August 26, 2018, 11:52:21 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. So many reason why the price of bitcoin rapidly going down some of the big whales has manipulated the price of bitcoin they buy a big volumes of bitcoin in a very low price and sell it when they saw price movement. So the supply in the market is more than the demand. And the issue of banning also the fake news this are the reason behind why the prices of bitcoin is always fluctuates. |
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Joriecoinbit
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August 27, 2018, 01:45:04 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. So many reason why the price of bitcoin rapidly going down some of the big whales has manipulated the price of bitcoin they buy a big volumes of bitcoin in a very low price and sell it when they saw price movement. So the supply in the market is more than the demand. And the issue of banning also the fake news this are the reason behind why the prices of bitcoin is always fluctuates. That's actually not a new to us. There's always a reason why it drastically drops. And all we can do is to keep our hope that one day, bitcoin will just recover and increase its price again. But, to be honest, I feel a bit scared. I'm afraid that bitcoin might not recover its price before the year end. But of course, I'm hoping that it won't happen. |
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bignice
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August 27, 2018, 01:54:03 AM |
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I thought it was due to many of his sales, and the growing number of countries prohibit the bitcoin or consider bitcoin illegal. Besides the rise of negative news about the bitcoin increasingly add does not believe in it, which makes the bitcoin prices become increasingly down.
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billygarrison
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August 27, 2018, 01:54:51 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. |
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Jay51
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August 27, 2018, 02:45:25 AM |
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Every time there's news about government restrictions on cryptocurrency, the value of Bitcoin coins down. When it climbs back up, more news will come out and push the price down again.
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indrakusumaindra
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The Standard Protocol - Solving Inflation
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August 27, 2018, 02:56:51 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. Its because many people are spread the FUD and make the cryptocurrency investors doubt they cryptocurrency. I do think if they dont like cryptocurrency they just have to let it down and just dont care about it. People just dont like to see something new to develop, i hope one day we can proof them that they are wrong , and bitcoin are a really good asset and currency that as good as gold. |
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MAJICOIN
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August 27, 2018, 03:33:03 AM |
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Bitcoin price is not affected by only one factor but many of the factors involved which shift the price movements some time it is worse and some time it change the people behavior like most of the people are unhappy when the price fall and they sell their bitcoin and crypto. Once you buy bitcoin save it for long term and price is mostly affected by bad news in the market.
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kittykitty2
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August 27, 2018, 03:58:53 AM |
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Bitcoin price is not affected by only one factor but many of the factors involved which shift the price movements some time it is worse and some time it change the people behavior like most of the people are unhappy when the price fall and they sell their bitcoin and crypto. Once you buy bitcoin save it for long term and price is mostly affected by bad news in the market.
Yes I agree, rise or fall in the price bitcoin can not only in benchmark 1 factor, there are a lot of possibilities, it could be because supplay and demand, bad news or there is manipulation. But once again the rise and fall of bitcoin is a reasonable thing, they always change at any time but will be back again. |
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MAJICOIN
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August 27, 2018, 05:15:38 AM |
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In the past when the bitcoin prices goes up then some bad news spread in the market so that the price will rapidly goes down because the investors feel fear and they withdraw their bitcoins so that the market supply is more than demand and with this the price fluctuates. Now most of the trading are done through bitcoin so the bitcoin demand is high.
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Sled
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August 27, 2018, 07:05:17 AM |
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Bitcoin price is not affected by only one factor but many of the factors involved which shift the price movements some time it is worse and some time it change the people behavior like most of the people are unhappy when the price fall and they sell their bitcoin and crypto. Once you buy bitcoin save it for long term and price is mostly affected by bad news in the market.
It is a combination of bad news, panic selling and manipulation, it is a complete mix of the wants of the big players in the market so they can manipulate the market and let the other or smaller players to see that they are not going to make it again to make money in bitcoin and i know that this is just temporary and if you know this kind of game that the big players are doing then you know what to do. |
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Madara_Uchiha
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August 27, 2018, 07:31:25 AM |
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Yes, the price drop of bitcoin is temporary. I think that at the moment the market is being manipulated, so the price of bitcoin will in any case grow.
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Stark_Naked9
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August 27, 2018, 04:22:37 PM |
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In my opinion, There are several main reasons affecting to the price of bitcoin:
+ Bitcoin is like the original of cryptocurrencies. So, Its always get attention first from any change in the crypto world. Recently, the cryptocurrency gets some bad news on media about the cheated project. The investors feel insecure on this market and decided to withdraw their money.
+ BTC get banned from some countries.
+ It recently isn't be used in any useful application. They still have the consideration on it.
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Wong Goblog
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August 27, 2018, 04:33:08 PM |
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I think bitcoin prices continue to decline due to the many negative news factors from various media, even some TV media such as CNBC, Bloomberg and so on always display experts who are anti-bitcoin, they always say that bitcoin has no future and is just a bubble.
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kenlyresuello08
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August 27, 2018, 08:34:46 PM |
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I think because the big investors left btc because of those negative news about bitcoin was a bubble but they can't shut down bitcoin, bitcoin have a big community like that scrappy news from social various is not enough to shut down bitcoin
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Gibsonlda
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August 27, 2018, 10:34:44 PM |
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I think because the big investors left btc because of those negative news about bitcoin was a bubble but they can't shut down bitcoin, bitcoin have a big community like that scrappy news from social various is not enough to shut down bitcoin
I think they're just FOMO, they don't really leave bitcoin and while just moving the concentration to Tether USD for stable assets, bitcoin is still shrouded in a downtrend and forces them to get caught up in panic, but this will end because there will be a period which is full of saturation where many people want bitcoin to get a rally in the fourth quarter. |
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Noctis Connor
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August 27, 2018, 11:44:23 PM |
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Bitcoin price is not affected by only one factor but many of the factors involved which shift the price movements some time it is worse and some time it change the people behavior like most of the people are unhappy when the price fall and they sell their bitcoin and crypto. Once you buy bitcoin save it for long term and price is mostly affected by bad news in the market.
Bitcoin is for long term investment, once you purchase some save it for long term, Don't sell it at low price, It has been on the top ever since and never fail the holders in the end, Other's need to have faith in it, some factors are affecting bitcoin as we know it, mentality affects its price by selling it at low price because of a sudden breakdown. |
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Tinker18
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August 28, 2018, 03:12:12 AM |
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One reason why this might happen is because of the nature of how cryptocurrencies work. This is the one I would bet on the most. There are about million factors that can affect the value of bitcoin
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