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Author Topic: The bitcoin why Bitcoin's price fell.  (Read 286 times)
grabpopcorn536
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April 02, 2018, 02:41:52 PM
 #21

This is a post that came from bloomberg. The news seems credible since it came from a well known site.

The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.

Binance told Bloomberg News in January that it was working to acquire a license in Japan so there is nothing really to worry about.
Binance will surely comply with that since it will also help their exchange be more reputable and legal.

Link to the post:
https://www.bloomberg.com/news/articles/2018-03-22/bitcoin-falls-after-report-that-binance-faces-warning-in-japan
I do not think that the prices of the Bitcoins have fallen, but they are only volatile at times, maybe the currency on the market fluctuates in a day or perhaps a week, but they always have traces. Recovery after those times.

19nataliya12
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April 02, 2018, 02:56:20 PM
 #22

In social networks and on sites there are different experts, and everyone has his own opinion. They say about:

imperfection of Bitcoin;
charges of "terrorist" transactions and financing of prohibited structures;
absence of anonymity;
restrictions in a number of countries;
the appearance of altcoyins;
"HYIP" of the founders (and comparing the Crypto-currency with the pyramids);
attacks by hackers;
the complexity of "mining coins" because of the appearance of "Asikov";
market manipulation;
risk of a critical error;
fork dominance;
trends that are visible in the course of technical or fundamental analysis.
If at the end of 2017 people ran to buy coins and discussed the reasons for the sudden growth ("shot") of the cue ball, in early 2018 they began to worry: "Why is the bitcoin rate falling and how long will it last?" We will try to understand the likely risks and factors affecting prices.
lodcoling
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April 02, 2018, 02:56:52 PM
 #23

It seems to me that, the price of bitcoin fall due to rumor spread over facebook, tweeter and other social media. I think it well recover soon and got back its earlier position shortly. So, its time for the investors to hold the bitcoin and make new investment for better achievement. There is a news that Japan’s Financial Service Agency was said to be planning to tell Binance to stop operating without a licence. But the BTC market growth is very rapidly. So, I think it will be the main get way to International Payment system  very soon.
NeuroticFish
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April 02, 2018, 05:57:35 PM
 #24

In social networks and on sites there are different experts, and everyone has his own opinion. They say about:

From what I know, most of that FUD is old. Maybe it can keep away some fearsome older people from investing into Bitcoin, but I don't expect to affect the market much now, after what's happening since December.
But I feel like the real investors still wait, maybe they can buy in even cheaper, since they've seen that even $6000 is achievable.

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Harper6
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April 06, 2018, 02:54:59 PM
 #25

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Well yes the other coin will be promoted that’s not good at all, but mate even after that much popularity and fame bitcoin is still unbeatable, bitcoin is a currency that never lose the fame and the trust of investors because it has become a trust worthy investment now, bitcoin is getting more and more popular now people are helping the price of bitcoin to be high once again the best if you will hope for the best and will not panic bitcoin will be the only currency that will be investing in future.
dxme2x3
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April 11, 2018, 12:17:50 PM
 #26

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Josiah Dave Leonor
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April 11, 2018, 12:29:42 PM
 #27

Well yes the other coin will be promoted that’s not good at all and Maybe it can keep away some fearsome older people from investing into Bitcoin. There is a news that Japan’s Financial Service Agency was said to be planning to tell Binance to stop operating without a licence and its normal just wait bitcoins price will rise soon. And that's all i know
krishnaverma
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April 14, 2018, 02:48:35 PM
 #28

This is a post that came from bloomberg. The news seems credible since it came from a well known site.

The reason why bitcoin price fell is Japan's Financial Services Agency was said to be planning to tell Binance to stop operating without a license.
Bitcoin's price felll 4.4 percent to $8,500 because of this news.

Binance told Bloomberg News in January that it was working to acquire a license in Japan so there is nothing really to worry about.
Binance will surely comply with that since it will also help their exchange be more reputable and legal.

Link to the post:
https://www.bloomberg.com/news/articles/2018-03-22/bitcoin-falls-after-report-that-binance-faces-warning-in-japan

Yes, any big issue with a leading exchange can cause such price drops. Recently , in India a exchange called coinsecure got hacked and about 420 bitcoins got stolen from their website. It affected the price on all Indian exchanges. Such kind of news create fear in the mind of people.
Dudeperfect
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April 14, 2018, 03:04:46 PM
 #29

It was the decision of big whales to get out of Bitcoin and booking profits when the price was trailing all-time high. Since we don't have that maturity as of now, it created a panic situation in the market and pushed the fear of missing out among the investors resulted in a market correction. Now from this point, I believe that we will see a sustainable increase in the user base and indirectly in the price along with the overall maturity as a user.
Ghayoor
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April 16, 2018, 06:15:53 PM
 #30

For me, that was normal to the cryptocurrency for the price to fell and also of the bad news who affects the people and the effect is to run sell and that was bitcoin price fell happens.
i think a lot of people they are holding bitcoin this can also be one of the reason but i think its normal and its price will go high very soon.
AlexAtom
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April 17, 2018, 06:02:29 AM
 #31

But for now bitcoin price is slowly increasing from the dips.
i hope no more bad news or fud that causing bitcoin price fall drastically.

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shawn995
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April 17, 2018, 06:14:13 AM
 #32

It was the choice of huge whales to escape Bitcoin and booking benefits when the cost was trailing record-breaking high. Since we don't have that development starting at now, it made a frenzy circumstance in the market and pushed the dread of passing up a great opportunity among the financial specialists brought about a market amendment. Presently starting here, I trust that we will see a supportable increment in the client base and in a roundabout way in the cost alongside the general development as a client.
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April 17, 2018, 12:32:09 PM
 #33

The value of Bitcoin fell below US $ 9,000 Overall, the virtual currency market weakened 50 percent compared to January 2018 high The bitcoin price decline after investor concerns was associated with increased regulation in India and potential price manipulation in several major exchanges. Cool
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April 17, 2018, 12:48:13 PM
 #34

one of the cause of price bitcoin fall is South Korean government plans banned trade crypto known that trade cryptocurrency in South Korea reach 20 - 30% of the overall trade coin throughout the world that with the threat of the government to prohibit the trades crypto there raises concerns the infestor and soon interesting infestation of them.
vanjava
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April 17, 2018, 01:06:23 PM
 #35

I also wonder why bitcoin prices are currently declining. According to my estimates bitcoin prices are influenced by many factors one of which is negative news so that the reputation of bitcoin decreases and the price as well.

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