Why the price of bitcoin rapidly going down

[Farma]

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 not a temporary, this is actually the official Bitcoin price. Although the Blockchain technology is highly valued, Bitcoin is a money laundering tool. It takes a very long time to recover. We need to keep patience to receive great profits in the future.

In crypto world patience is really needed, because we are waiting for so long before bull run will happen again and we don't do anything if the market can't recover for now. Just wait until it is recover.

you are right. we don't know when there is an FUD that can cause the price of bitcoin to drop, so being patient is an important factor that can make you successful in crypto, even in other places. well, for now there are many FUDs about bitcoin, so prices are still difficult to rise.

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[batangsumbrero00]

For my own understanding the reason why cryptocurrencies rapidly going down is because of several reasons. First there are other countries that are afraid of getting corrupted by it because as soon as it becomes epedemic I think no ones gonna stop it. Second is that there are other virtual currencies having competition to each other that results for it to go down, probably there are things to consider if your investing to a virtual currency that prevents others from getting it because of the trends and I think its probably the reason why its happening, however its not that easy to break since its going epedemic.

[doraemon26]

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

Yeah, this is just a temporary becase for sure a lot of good news and improvements are coming so for me stop panicking. Its green day, and I hope this is a the beginning of a new all time high in the making.

Panicking is just normal if you are a new traders because there are a lot of people today who tends to sell their coins based on their emotions since they did not know how the volatility of the market works.

The price of bitcoin depends on a number of factors.The demand and supply forces play an important role in determining the prices.When demand rises the price also rises.But now a days demand is less so prices are down.Another reason is that how much investment is done in bitcoin.Some countries have also banned bitcoin and so this has also lead to downfall of the price.Bitcoin is very volatile but people have faith in it that is why it is the leading cryptocurrency.

That's a good explanation on how the price is rapidly going down, But I think we must focus n how to recover the price of it or the money that we lost in the process of changing its price , Instead on focusing on the problem, Why not we focus on the solutions, So that the user and the investors of the coin will come up with the better idea on how to cover their profit and when will be the price of the bitcoin will recover, It is also a good opportunity for the investors they must purchase more bitcoins and Hodl it.

[BTCFLOW07]

Long experience the bitcoin and its poise. Off base, bitcoin dont need to substantiate itself regarding its spikes and climbs which are certain shot over the long haul. We dont need to fear about it since it is the thing that makes up our bitcoin : Most unpredictable money, Decentralized in nature, Publicly acknowledged and demotivated by the administration, businesses willing to acknowledge, tenets and controls willing to boycott! You never comprehend what shocks bitcoin needs to find in its way which influences its costs extremely. So im almost certain that everything is transitory here and we simply need to give it time. what's more that, FUDers are snatching this chance to spread more phony news(although google prohibiting crypto promotions is a reality). Frenzy venders likewise adds to the value's bearish pattern. As a bitcoin client, I think it is alright for me regardless of whether cost of btc goes down today. It will simply imply that we are getting rid of the feeble hands and market will end up more advantageous, it will likewise be a decent chance to rebuy in the wake of offering at the pinnacle or close to the pinnacle.

[Glok17]

I think it is mostly the influence of negative news regarding crypto and of influencers and whales moves in this market. 

[JC btc]

I think it is mostly the influence of negative news regarding crypto and of influencers and whales moves in this market. 

It is going down in many cases, and one of the biggest factor why it goes down is because we as the people are really in panic when the price of it is going down that is why it continues to go down which we should not be so that we can enjoy everything that we do have right now and we will benefit it in the next few months.

[rochellesagabaen]

The motivation behind why it's quickly going down is a direct result of free market activity, and the absence of learning of individuals who somehow disperse insignificant issues about Bitcoin. We can't control counterfeit news and the media to convey different news against bitcoin yet we can be a media to ourselves to advance bitcoin and change the mentality of the general population of how significant Bitcoin is and how openings can be taken to give quality living. Also everything has its end and this dump will arrive at its end and we will finally go up.

[Okrah]

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

I think it is just normal for the price of crypto currency to go down to its deepest and suddenly rise to its highest also. This is its characteristics and all we need to do is to adjust ourselves to fit in its nature.

[Potato07]

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

Some people are now doubting bitcoin, by that bitcoin holder now trying to sell their bitcoin which is one of the reason why the price drops. Panic seller i think is one of the cause of it.

[Cocosoxoto]

Just as everyone one was piling in last year to speculate on the price rise, so are people now piling out speculating on the price fall. At least if Bitcoin had a general baseline utility, it would be much more stable, but everyone is just chasing gains and hoping to get rich by trading it. That's a horrible attribute for an asset you want to have long term stability.

[Sakira72]

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.
 

[miramax-10]

I am sure that the crypto-currency market is manipulated in order to expel inexperienced traders, thereby making money. Do not panic.

[ucingucingan]

one of the triggers is the economic attack carried out by the United States against Iran and this has an impact on all aspects of the economy including bitcoin and other crypto currencies, many Iranians sell their bitcoin so prices go down drastically because it deals with the law of supply and demand, action it makes the price experience a correction so that it triggers other traders to sell the bitcoin they have because they are afraid of experiencing a big loss, and this actually makes the price of bitcoin fall even deeper

[indayburakday012]

People are selling their bitcoin so market price will go down and it is natural since the demand gets lesser and the supply get higher which will bitcoin fall into cheaper market price. And as we all know that bitcoin is volatile which means the market price always changing from time to  time and it can be felt depending on how huge the transactions being done.

[indayburakday012]

The price of bitcoin falls due to the fact that many people sell their bitcoins for Fiat and thus the demand falls. But in 2018 there will be a lot of good and positive news at the end of the year, so we are waiting for the market to stabilize.

I hope that the common speculations of the members here in the likes of this comment will come true that bitcoin for this year 2018 will have a good and positive market price increase before the year 2019 enters. I could be able to celebrate for it if it will going to happen since i have my small scale investment here in bitcoin.

[syauqialbaana]

I think investors are now experiencing panic, because there is a lot of bad news about the crypto world. So a bearish market condition made many who were afraid to return to invest in crypto, while other investors who even sold all crypto and did not invest again. but in my opinion the price reduction is only temporary, we must be able to take advantage of the moment of price reduction by buying more bitcoin or altcoin .

[bocah cilik]

Don't worry that the price will go down is a reasonable situation for the market, now that we already know the answer to the price reduction, all because of the panic of all those who hold coins and sell, we have received positive news from the G20 that affects the market price as possible.

[Milliionaiire]

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

the price of rising and falling is common in the crypto world. at this time all coins are down and this is not forever but temporary. now is the right time to buy coins at a cheap price and we wait for it to stand until prices rise high.
I am sure that the market will recover again next year.

[Dr.Osh]

I think investors are now experiencing panic, because there is a lot of bad news about the crypto world. So a bearish market condition made many who were afraid to return to invest in crypto, while other investors who even sold all crypto and did not invest again. but in my opinion the price reduction is only temporary, we must be able to take advantage of the moment of price reduction by buying more bitcoin or altcoin .

well, that is a natural thing if the price goes down faster than the increase. sometimes, when people hear good news from Crypto, of course it only makes them slow to invest. but, when the FUD already exists, there will be a lot of people panicking.

[Jay51]

The price of a digital asset is volatile and depends not only on market factors, but also on the actions of a circle of persons who control it and regulate it using bitcoin futures.