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Author Topic: Why bitcoin is still dropping ?  (Read 1209 times)
Pamadar
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March 28, 2018, 04:17:05 PM
 #61

It's a temporary situation this bearish market, it has happened also many times in the past. Sooner or later, I expect another bull run...
In the eyes of a believer, things will bounce back accordingly, I agree that it's also happen back then and we already witness the bullish market before,
time can only dictates when but for sure it will happen again, meeting a new height might be the best thing to wait, just learn from the previous history
of the trend of this system and be guided by strong fate, that bitcoin will rise high again.
fulmetal08larz
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March 28, 2018, 04:22:29 PM
 #62

Bitcoin's price is dropping simply because nobody wants to buy BTC at a high price. Due to its parabolic rise some time in December 2017, this correction is somewhat expected to happen. During this consolidation stage in the market, most investors are trying to seek a good entry point before buying. Be patient with BTC because it will not stay at the bottom forever.
Sniper150
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March 28, 2018, 04:28:46 PM
 #63

bitcoin price is still dropping and now its $8000 within 3 months market is soo awful. What is the real reason for that

The question you are asking is the big question for today. We are seriously facing the dropping of bitcoin now that's why many people are panic selling. They are selling their bitcoins instead of waiting again to increase the price. Because we can only predict what will happen in bitcoin someday or for a long time. Maybe there is a chance to rise again if bitcoin supply goes down.
arjunmujay
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March 28, 2018, 04:30:28 PM
 #64

indeed the last few months bitcoin down dramatically, the main reason too many investors or traders who panicked with the circumstances and bad news about bitcoin. but in fact in the last few years it is often the case of bitcoin price decline, but not long afterwards will return even raced away from the correction area.

gravitik
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March 28, 2018, 04:38:04 PM
 #65

the rise or fall of bitcoin is determined by the market and a person can not predict the rise or fall in the price of bitcoin
orarider
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March 28, 2018, 04:46:10 PM
 #66

I think due to the impact of the government prohibits bitcoin operations. This makes investors worried that bitcoin will disappear, so they are trying to sell bitcoin. The big companies google, facebook stopped advertising bitcoin to make the bitcoin market affected and bitcoin prices lowered.
Englebabylove
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March 28, 2018, 04:49:32 PM
 #67

bitcoin price is still dropping and now its $8000 within 3 months market is soo awful. What is the real reason for that
Yes, now that the price of bitcoin has continued to fall, I can't see any sign of a rise in bitcoin. Now that the entire encryption market is weak, money is pouring out of the encryption market, people are panicking, and the panic is continuing.
btcCoincart
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March 28, 2018, 04:51:42 PM
 #68

Because the total capital is not enough to make BTC price goes up. You will see btc down to 6k again!
Hope this period will pass fast. I don't like red market for bitcoin like these days Sad
Huan00087
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March 28, 2018, 04:55:19 PM
 #69

Many investors have been considering investing in the electronic money market BITCOIN
Zapto25
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March 28, 2018, 04:57:20 PM
 #70

until now i do not understand why bitcoin is still down ,, what is the cause so bitcoin is not recovered.
but I want to predict that bitcoin will be the world's wobble and bitcoin prices will soon recover
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March 28, 2018, 05:09:19 PM
 #71

right. bitcoin is decreasing. The reason is that many investors sold out much bitcoin but no buyers. More supply than demand causes bitcoin prices to fall. Currently many countries are banned bitcoin operations, large corporations such as twiter, facebook, google ... stop advertising bitcoin has made the bitcoin market heavily affected bitcoin prices drastically reduced.

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whirlcoin
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March 28, 2018, 05:13:51 PM
 #72

bitcoin price is still dropping and now its $8000 within 3 months market is soo awful. What is the real reason for that
Because bitcoin price jumped too quickly in 2017 so now it is still in the correction track to get the right path.

But normally bitcoin price will be in the downtrend for the first quarter of every year so still we are in that phase so it is ko wonders that bitcoin price is falling and it is not the first time this is happening.
Ale88
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March 28, 2018, 05:19:00 PM
 #73

The price of bitcoin has fallen by more than 57% since last december. But, the thing is bitcoin is independent. No one has control over it. So, the actual cause of this decreasing price is unknown to most of us. As, the fluctuation of price is one the feature of bitcoin, it's completely fine if the price is rising too high or too low.

I wouldn't be so sure that nobody actually controls bitcoin. Of course I don't man in the literal way, but there are huge whales out there than can decide what to do with this market, which is still to small.
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March 28, 2018, 05:39:25 PM
 #74

i also hope its getting up i just borth yesterday 400$ in Bitcoin !
Lets go !
alexn3620
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March 28, 2018, 05:43:00 PM
 #75

Many factors affect this, but primarily false news that affect the market as a whole.
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March 28, 2018, 05:47:20 PM
 #76

Bitcoin price is now stable between $8000 to $8500. Now it is very good time to invest in bitcoin. Ups and down are market trends so do not worry if you invested in Bitcoin. Market will again bounce back with in three months.
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March 28, 2018, 05:48:51 PM
 #77

A lot of factors actually. Regulations, overbuying, hodling, and no lambo in sight.

As a result, not much new money is coming in at this stage.

Also, the trust of an average Joe in Bitcoin as an investment is plummeting due to its unpredictability in value.  Undecided
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March 28, 2018, 06:07:07 PM
 #78

bitcoin price is still dropping and now its $8000 within 3 months market is soo awful. What is the real reason for that
In actual since last 2+ months market of the cryptocurrency is facing only rumours and bad news and that is resulting into panic in the mind of newbies .
As we know that when the price of the bitcoin reached to all time high of 25k$ then at that time lots of people get attracted toward this field and made lots of investment , but with small negative news about cryptourrency made the bitcoin dump badly Because most of the newbies got into Panic and they sold Thier bitcoin and ANother altcoins , so now here only those are stable who are old bitcoiners .
Here today we need better news so that new investors can enter in this field and fluctuations can give easy moment to upward to the market of this field.
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March 28, 2018, 06:31:26 PM
 #79

The decline was due to negative issues in circulation, including investors monitoring the warnings from a number of regulators and increasing crackdowns on the virtual currency market. The sharp decline occurred in Bitcoin prices, reaching its lowest point in the last two months. It also affects other coins such as Ethereum and Ripple also decreased significantly.

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pushups44
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March 28, 2018, 06:33:12 PM
 #80

This is simply a correction in a long-term bull market. This is also a way for big players to shake out the weak hands to buy assets for pennies on the dollar. Investors need to look at the long-term big picture.
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