Why is Bitcoin Crashing?

[ClemenTeron]

I think Bitcoin price crash days are over at the moment now the price is gaining little by little but no one can say for certain what will happen but many things are happening for the good side of Bitcoin because business interests regarding Bitcoin and it usage is increasing these days which is something didn't happen in the past and its users are increasing by becoming more popular still considering such facts like many I am not happy enough with the price gaining rate but at least it is in the safe zone 

[1715380477]

1715380477

[ETHICKNINE]

No one can say exactly Bitcoin is crashing by looking for a short term price fall but there are other tokens which crashed permanently in the crypto world but Bitcoin still remain strong considering the situation . If Bitcoin to crash I think at least majority of governments should ban Bitoin but still I don't think Bitcoin will disappear from  the world because it has huge amount of fans all over the world 

[MADUWAN]

Price of bitcoin is crashing due to media, governments and other financial reasons that we have today and among them government restrictions and media news are main reasons why bitcoin cannot grow as it want in the world to its full potentials and those two are the main reasons why its price is not increasing like we anticipated after its drop because governments use media to promote bad information to stop bitcoin from using it in the future and that has become a major reason for bitcoin price to drop   

[airdrophunter]

Bitcoin is crashing maybe because the demand is low or because some entities are selling their big volume of bitcoin. The ever changing interest of investors to new cryptos can also be the reason why they move their bitcoin as they see that bitcoin continues to drop its value.

[raidarksword]

ETF is one reasons why bitcoin's price is bouncing and not having a steady price everyday with that being said it causes negative output and speculations throughout investors putting negativity about bitcoin's price and where it will be headed. But for me as long as, we holders believe bitcoin since from the beginning then it's safe to say that bitcoin will comeback strong these coming few months.

[Dreamrone]

Bitcoin crash means the falling in its market price and also falling its share at international market. Their are many reason support this thing. First of all bitcoin transactions traffic, bitcoin taking to much time to clear an transaction because of this the transaction cost also increased and this thing put negative affect in its popularity and in profit. Secondly is its irregular production and distribution of bitcoin. When bitcoin miners doesn't mine enough bitcoin then the effect directly see upon the price of bitcoin. Negative news shown by different media also put negative effect on the profits of bitcoin.

Negative is a major reason for bitcoin to go down and it is a main reason why the price is not recovering as we anticipated and most investors who bought bitcoin are now might be thinking whether they did right by investing in bitcoin and still media haven't stopped what they were doing in the past where ever we see there often we can see negative news and that reduces new investors

[Sithawaka]

I think bitcoin got crashed due to lack of involvement with the current financial areas in the world which was difficult than most anticipated because still digital currency is a new concept to the world so there was a price fall in BTC but I don't think that is something any trader should worry about because we saw how bitcoin felt even low during last couple years but it got its price back and after that even most thought the price will rise to the last peak level withing few years we see bitcoin takes too much time than we thought but with its current progress in the business and financial sectors I hope it will gain the speed back and increase its price

[kudus11]

The Bitcoin price as of now is dancing because of the ETF news. US SEC will announce it’s Bitcoin ETF decision on 10 August 2018. It is being said that, it might happen that SEC approves CBOE ETF on 10 August and if it happens, we can see a parabolic bull run in Bitcoin price. Until then, it may hover between $7600 to $9000. What do you think? Where is Bitcoin heading and what about the Altcoins and the rest of the Cryptos?

wow if that happens maybe it will be very good news because the price will go up, but in fact it hasn't happened until now, and personally I still hope this good news will happen later this year.
thank you

[Lazada]

The Bitcoin price as of now is dancing because of the ETF news. US SEC will announce it’s Bitcoin ETF decision on 10 August 2018. It is being said that, it might happen that SEC approves CBOE ETF on 10 August and if it happens, we can see a parabolic bull run in Bitcoin price. Until then, it may hover between $7600 to $9000. What do you think? Where is Bitcoin heading and what about the Altcoins and the rest of the Cryptos?

The price of Bitcoin has always been subject to rapid price fluctuations. With various conditions that exist then everything can happen so quickly. Now the price of Bitcoin is in a fairly stable condition and is seen trying to slowly increase. bitcoin really had experienced unsteady conditions and it affected the value of public trust. but now everything has run quite normal and now our job is to try to apply Bitcoin in various daily financial transactions. Because with all our support that will make Bitcoin have a much better price value.

[bozo333]

ETF is one reasons why bitcoin's price is bouncing and not having a steady price everyday with that being said it causes negative output and speculations throughout investors putting negativity about bitcoin's price and where it will be headed. But for me as long as, we holders believe bitcoin since from the beginning then it's safe to say that bitcoin will comeback strong these coming few months.

ETF is not a reason for Bitcoin crashing because many times it was failed. I think ETF is hold the But coin hype that was the exact reason. All the cryptocurrencies are continuously dump in the market because of Bitcoin dump. It is perfectly proved some whales are controlling the demand and supply of Bitcoin.

[SWASIRI]

Bitcoin prices mainly fluctuated due to the public view and because it is decentralized and no one has the authority to control its price which is unlike the central government controlling a fiat currency in necessary situations by taking essential decisions but for bitcoin there is no authority to take such actions and public view and confidence is a major factor for bitcoin price to change for good or bad and in last time that didn't happen in favor for bitcoin but it is changing for better

[zazarb]

The bear market has been going on for a long time, this will make many investors disappointed. of course this will make the price of bitcoin more difficult to rise, this is a connected effect

The bear market it's been a long time ago, now the market is constantly fluctuating between 6000$ and 7000$, because of strong support at 6000$ the price can not fall more at this time.

[beerlover]

The price of Bitcoin has always been subject to rapid price fluctuations. With various conditions that exist then everything can happen so quickly. Now the price of Bitcoin is in a fairly stable condition and is seen trying to slowly increase. bitcoin really had experienced unsteady conditions and it affected the value of public trust. but now everything has run quite normal and now our job is to try to apply Bitcoin in various daily financial transactions. Because with all our support that will make Bitcoin have a much better price value.

Yes, moreover the first condition is based on the fact that it is a decentralized market, it is new and it is highly speculative at the moment with less usage for what it is meant to be used for. Very few people make use of bitcoin nowadays as what every new investor is just looking for now is to get rich quick. In this way, it is always going to be easy for the whales to drive in emotions into the market and take huge advantage of it as time goes on, which I am sure it is a way any smart investor will be looking forward to getting hold of these opportunities for their benefits.

for bitcoin there is no authority to take such actions and public view and confidence is a major factor for bitcoin price to change for good or bad and in last time that didn't happen in favor for bitcoin but it is changing for better

No one certainly have the authority to control based on the decentralized attribute you mentioned. However, when it comes to price manipulation, it is easy for the whales to do this as the market generally is speculative in nature and since what most people are looking for is to get rich fast, with newbie traders hitting the chart with no knowledge on how to trade as well, it makes trying to instigate certain movements in the market easy for whales.

[mriansa]

I think bitcoin prices are currently falling probably due to bad news that makes traders panic and makes them make the decision to sell their assets at a very cheap price, they assume that this ETF is bad news that makes the market collapse like this.

[Ani-k-a]

Do you remember article about time-traveler from the future about bitcoin? 

[deisik]

ETF is one reasons why bitcoin's price is bouncing and not having a steady price everyday with that being said it causes negative output and speculations throughout investors putting negativity about bitcoin's price and where it will be headed. But for me as long as, we holders believe bitcoin since from the beginning then it's safe to say that bitcoin will comeback strong these coming few months.

ETF approval would only add to speculation

But more speculation means more volatility, as simple as it gets. Introducing ETF means adding another level of speculative trading, where Bitcoin derivatives (like futures) would be traded. It won't in the least help Bitcoin adoption, which is the only way to stabilize prices long term (apart from setting them at 0). In fact, it would only hurt Bitcoin real use (provided there is any) as it will add fuel to the speculation furnace. Naturally, by "a steady price everyday" you mean a steady price rise as this is what you, so-called holders, or hodlers, really want

[sevenjoy]

ETF is one reasons why bitcoin's price is bouncing and not having a steady price everyday with that being said it causes negative output and speculations throughout investors putting negativity about bitcoin's price and where it will be headed. But for me as long as, we holders believe bitcoin since from the beginning then it's safe to say that bitcoin will comeback strong these coming few months.

ETF is not a reason for Bitcoin crashing because many times it was failed. I think ETF is hold the But coin hype that was the exact reason. All the cryptocurrencies are continuously dump in the market because of Bitcoin dump. It is perfectly proved some whales are controlling the demand and supply of Bitcoin.

Yeah it is right that the whales are the big reason for dump in the price. Small investors do not put their money because of the whales. They manipulate the market and this doesn’t allow small investors to make money. Whales are sucking small investors. They afraid to put their money in bitcoin. Demand is low and that is the big reason for bitcoin crashing.

[johnny508]

Seems like Bitcoin prices are moving further low because today many things are happening against bitcoins progress like restrictions or regulations by governments, bad news from popular media sources, huge amount bitcoin pumping to the market due to other altcoin ico projects because many of the holders are investing using bitcoin and for reasons bitcoin price is dropping rapidly than we anticipated but these things can be changed in the future because we cannot think that the above things will keep happening forever