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Author Topic: Why the price of bitcoin rapidly going down  (Read 5883 times)
yoseph
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October 17, 2018, 07:10:34 PM
 #1101

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
It was previously due to the fact that there was a lot of panic selling but not that investors have grown wiser and are no longer selling their bitcoins just because a false rumor might be going around.
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October 17, 2018, 08:18:32 PM
 #1102

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.


I don't expect this change in this year the unfortunate strange things will definitely happen in all such kind of things like this we have to move on from that so the value will definitely increase hoping to be the value will increase in the last days of the Year the next year will be definitely good for us and the development of the Bitcoin also so my opinion is this.

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October 18, 2018, 02:32:52 AM
 #1103

The main reason of why Bitcoin price performance is declining is because of the bearish market which still in effect that its makes the new and old investors to pause their Bitcoin investments to ensure the safety of their capital which is a wise moved to avoid the losses. Hopefully this bearish will be over soon to give way for the bullish run so that the Bitcoin price will bounce back again.
Anies_Sandi
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October 18, 2018, 03:35:00 AM
 #1104

many possibilities that make crypto currency decline, maybe one of the reasons is the cryptocurrency trading movement even bad news can make the price decrease and in other words the development or decrease of cryptocurrency depends on the investor itself
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October 18, 2018, 03:52:48 AM
 #1105

Because with a fast time also investors with big value in bitcoin sell their assets, this situation makes the bitcoin market unbalanced between incoming and outgoing transactions and impacting prices that fall drastically and quickly.

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rafi035
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October 18, 2018, 04:58:54 AM
 #1106

Do not worry after g20 told that they will not regulate crypto currency all markets started to gets back to green markets and hope it will be back to new rising markets and we will see new highs very soon !
if what you say in your opinion is true, of course it is good news and a breath of fresh air for investors who invest in crypto currencies, of course investors' interest will be increased and crypto currencies will develop
troajansprider
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October 18, 2018, 09:16:48 AM
 #1107

I think it is possible that the amount of Bitcoin that can be exploited is at an alarming level. Limit of 21 million Bitcoins is about to break. Difficulties in exploiting Bitcoin have been reducing the confidence of investors, making the virtual currency more scarce in the market.
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October 19, 2018, 10:12:20 AM
 #1108

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 .
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October 19, 2018, 12:18:55 PM
 #1109

current prices do not meet expectations. that's why we've hurt but maybe it's normal. Improved manipulation did not reflect the truth, perhaps. it wasn't a balloon, but it just kind of exploded temporarily. not expected a serious movement for a long time.
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October 19, 2018, 01:12:59 PM
 #1110

current prices do not meet expectations. that's why we've hurt but maybe it's normal. Improved manipulation did not reflect the truth, perhaps. it wasn't a balloon, but it just kind of exploded temporarily. not expected a serious movement for a long time.
current bitcoin and altcoin price rapidly down, and its harmed all investors.if this condition run for long time ,i am scared many investors will leave cryptocurrency market.
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October 19, 2018, 01:33:56 PM
 #1111

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


Theres so many factors why the bitcoin still rapidly going because of so many struggle that we encounter simultaneously into the world of crypto and one of the factor of that are the continously bloodish situation in the  market because of the crypto price dump,thats why some of the investor are afraid of this FUMO and maybe others  are transfer to another kind of investment.

Linhkej
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October 19, 2018, 05:47:35 PM
 #1112

I believe the BTC value is reduced to just a temporary part of it. Advertising on it is banned on many social sites, leading to a slight decrease. But in the current technology, BTC is always the leading trend that many investors around the world are interested. For the benefit of this money, BTC will soon rise again.
SkvorNyc777
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October 19, 2018, 09:47:59 PM
 #1113

BTC is a part of crypto and for today it is following the market, its price technically can't grow now because it will destabilize market even more in my opinion.

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October 20, 2018, 04:02:32 AM
 #1114

BTC is a part of crypto and for today it is following the market, its price technically can't grow now because it will destabilize market even more in my opinion.
maybe investors are looking for the right time to invest their funds. good luck as soon as possible. with so many investors, it will certainly make the bearish ends. maybe etf news we should wait
Bitfling
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October 20, 2018, 04:05:08 AM
 #1115

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.

Negative news makes bitcoin price suffering in several months. Its happen because people panic. But if we plan to keep bitcoin for long term, i am believe we not affecting on currency price, because we see the potential in the future
Janation
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October 20, 2018, 04:13:39 AM
 #1116

current prices do not meet expectations. that's why we've hurt but maybe it's normal. Improved manipulation did not reflect the truth, perhaps. it wasn't a balloon, but it just kind of exploded temporarily. not expected a serious movement for a long time.
current bitcoin and altcoin price rapidly down, and its harmed all investors.if this condition run for long time ,i am scared many investors will leave cryptocurrency market.

You don't need to be worried about this things since we all know how volatile cryptocurrency is and when mostly the price of Bitcoin and other cryptos pumps.

Instead of worrying other's investments, better make a strategy that will give you a good profit in your own investments. They will be making their own and you should do too since the time is closing when the usual pump is happening especially on Bitcoin. Let's be patient since we all know how it will go.
Tervelatuk
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October 20, 2018, 05:01:15 AM
 #1117

BTC is a part of crypto and for today it is following the market, its price technically can't grow now because it will destabilize market even more in my opinion.
maybe investors are looking for the right time to invest their funds. good luck as soon as possible. with so many investors, it will certainly make the bearish ends. maybe etf news we should wait
if they looking right to time , they should do this now.today cryptocurrency price down alot.and no recovered yet after several months.maybe in near future bitcoin and altcoin price rise again.
rickyNmorty
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October 20, 2018, 06:01:21 AM
 #1118

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.

I agree. People are merely basing on the negative side. It is like doing millions of right thing but end up it being ignored and sees the bad thing. This is the scenario happens in the cryptocurrency world. This is how panic sellers look at the market. They need to understand that this is the nature of the cryptocurrency.
Seeker#9
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October 20, 2018, 06:11:37 AM
 #1119

After a year of robust growth, bitcoin will go through a price decline that would last a year or more like what akready happening this year. Bitcoin is mostly bearish since it price started to go down at the start of this year and it would likely continue if there are no positive events coming in this last quarter. The uptrend that happened last week are only upticks and are not capable of starting another bullrun. Price manipulations are also possible in this kind of sudden price increase.
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October 21, 2018, 05:26:09 PM
 #1120

BTC's tendency to decrease is temporary. Because it is not advertised much, so few people know it. The benefits of BTC bring us many things that make the price of BTC will increase again. Trust me ! In the current technology development, BTC is the trend that investors always look forward to and BTC will rise again.
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