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Author Topic: Why the price of bitcoin rapidly going down  (Read 5888 times)
RokokGudangGaram
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September 20, 2018, 04:15:07 PM
 #1081

if in my opinion, there are many investors who sell bitcoin when the market goes down like this year, so that is a considerable influence on the price of bitcoin. when more investors buy bitcoin, the faster the price increases and vice versa

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Vishnu.Reang
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September 20, 2018, 04:48:08 PM
 #1082

if in my opinion, there are many investors who sell bitcoin when the market goes down like this year, so that is a considerable influence on the price of bitcoin. when more investors buy bitcoin, the faster the price increases and vice versa

A lot many of the Bitcoin holders are quite young, either in their 20s or even in the teens. So we can't expect them to have patience and hold on to their coins for two or three years. After a while, they lose their patience and give up.
lendahawkins
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September 20, 2018, 04:49:40 PM
 #1083

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 fomo is ended and in january there is a big hack on NEM which make everyone panic sell and even more bad even coming out such as banchor, coinrail and bithumb got hacked.

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September 20, 2018, 07:32:29 PM
 #1084

Actually, all the goods have fluctuations and so is bitcoin there may be some things that we do not understand the main cause of the decline in bitcoin could be because the amount of supply that has returned a lot and blinded the price of bitcoin dropped dramatically

chrisculanag
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October 12, 2018, 09:36:35 AM
 #1085

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 reason why the price of bitcoin rapidly down it is because there is a lots of supply in bitcoin . But if the bitcoin supply decreaes then I conclude that there is a changes in price .

Yes that a one of the cause. But i think there are more causes of bitcoin rapidly down , and i think the reason is the alts coins and shitcoins that come in the market . They choose altcoin and shitcoin so the demand of bitcoin going down and its affect in the price . Whales can pump and dump the price and this is the one i think the reason why bitcoin still down.


Wilfrer
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October 12, 2018, 09:59:00 AM
 #1086

The value of Bitcoin goes down for a variety of reasons. Some large countries banned them from using them and considered them illegal, including China, France and Korea. This makes the value of it significantly reduced. Google then banned ads related to ICOs, which lost many people's earnings. Some of the major social networks in the world do the same. It has a tremendous impact on Bitcoin, so its value goes down

Uhde
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October 12, 2018, 11:07:06 AM
 #1087

because there are some people that want to collect bitcoin with cheaper price. as soon as they decide that they bought enough and fullfilled their wallets then a new bull run is going to start till they want to cash out.
awik p
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October 12, 2018, 11:47:11 AM
 #1088

because there are some people that want to collect bitcoin with cheaper price. as soon as they decide that they bought enough and fullfilled their wallets then a new bull run is going to start till they want to cash out.
right, there are some people who with good capital or news try to invest in bitcoin at low prices. of course they will seek big profits. for that do not be affected by negative news and still hold your assets

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October 12, 2018, 04:18:15 PM
 #1089

because there are some people that want to collect bitcoin with cheaper price. as soon as they decide that they bought enough and fullfilled their wallets then a new bull run is going to start till they want to cash out.
right, there are some people who with good capital or news try to invest in bitcoin at low prices. of course they will seek big profits. for that do not be affected by negative news and still hold your assets

This will be good to all new investors who invested in a very cheap price of coins because soon they can have a sure profit that time. Anyway, I am still positive that the market will recover again soon.
ongkok87
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October 12, 2018, 04:23:20 PM
 #1090

because there are some people that want to collect bitcoin with cheaper price. as soon as they decide that they bought enough and fullfilled their wallets then a new bull run is going to start till they want to cash out.
right, there are some people who with good capital or news try to invest in bitcoin at low prices. of course they will seek big profits. for that do not be affected by negative news and still hold your assets
absolutely right because now there are so many provocateurs who want to use us so we release bitcoin at a low price. with that person can get a big profit

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strideynet
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October 13, 2018, 07:38:45 PM
 #1091

the rise in bitcoin price is not only dependent on the speed of transactions, it is imposed thoughts to confuse investors
Anyobsss
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October 14, 2018, 06:51:10 PM
 #1092

because there are some people that want to collect bitcoin with cheaper price. as soon as they decide that they bought enough and fullfilled their wallets then a new bull run is going to start till they want to cash out.
It's not only that there are variety of reasons why bitcoin's price is rapidly going down, an example is the prohibition of bitcoin in some countries.

cfif123
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October 14, 2018, 06:57:42 PM
 #1093

the rise in bitcoin price is not only dependent on the speed of transactions, it is imposed thoughts to confuse investors
absolutely right because the increase in bitcoin depends on the devotees themselves. because the more people buy bitcoin, the faster it will be for bitcoin to soar the price
royalfestus
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October 14, 2018, 06:59:15 PM
 #1094

because there are some people that want to collect bitcoin with cheaper price. as soon as they decide that they bought enough and fullfilled their wallets then a new bull run is going to start till they want to cash out.
It's not only that there are variety of reasons why bitcoin's price is rapidly going down, an example is the prohibition of bitcoin in some countries.
It is mere manipulation and whales now have more confidence in the space grow than ever before, I also have the feeling is demanded for some bitcoin decision/consideration. They are ready to spend as much as possible because the lower it gets the higher their profits.
xlmlover
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October 14, 2018, 09:59:23 PM
 #1095

there are lots of reasons or news that are the cause of the decline in bitcoin prices, one of which is the problem of regulation from the government, and we must also remember the price of Bitcoin is determined absolutely by supply and demand. If many buy Bitcoin, the price will go up and vice versa.
t3ChNo
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October 14, 2018, 10:13:29 PM
 #1096

We're playing speculations here. A minute BTC goes up then a second it goes down. A lot of factors are in play.
wingsthegreat21
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October 14, 2018, 11:58:31 PM
 #1097

The market is clearly suffering from manipulation. There's so much good news happening that these negatives to reflect the truth of the situation. Cheaper Crypto makes buy ins cheaper for them to get involved. They know they will get the coverage and their FUD will be seen so they know the prices will drop.
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October 15, 2018, 12:51:36 AM
 #1098

The price of Bitcoin is not in a continuous motion. Study the graph and you will come to terms with the wavy movement of the price of Bitcoin. Apparently, Bitcoin has maintained a steady range ($6300 to $6500) for quite a good number of months now. Bitcoin will surely recover, hence no point to panic.
wahyu wida
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October 15, 2018, 02:17:01 AM
 #1099

The price of Bitcoin is not in a continuous motion. Study the graph and you will come to terms with the wavy movement of the price of Bitcoin. Apparently, Bitcoin has maintained a steady range ($6300 to $6500) for quite a good number of months now. Bitcoin will surely recover, hence no point to panic.
right, hope we don't all go down with $ 6000, so it doesn't penetrate support area that has tested it several times. Hopefully there will be a surge upwards, so it will be the beginning of an upward trend
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October 17, 2018, 05:56:03 PM
 #1100

I believe it is because we are living in a period of great technological development so BTC is a trend that is always at the forefront of modern times. You should not worry about that. I'm sure this is only temporary, please be patient and trust it. Its price will increase significantly compared to your expectations. Patience is the key to success.
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