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Author Topic: Why bitcoin is still dropping ?  (Read 1209 times)
bryant.coleman
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March 28, 2018, 06:34:09 PM
 #81

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.

There were negative government actions reported from a number of major markets, including China, South Korea, India and Indonesia. That may be the main reason for the current decline, along with the mass-dump by the Mt Gox trustee.
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March 28, 2018, 06:36:34 PM
 #82

the price of 8000$ normal. Remember the fall of 2017. All rejoiced at the price of $ 5000. and at the moment it is necessary to perceive on the contrary the price of$ 20,000 is not normal. And $ 8000 is quite real and correct. It needs to be accepted and will be easier
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March 28, 2018, 07:19:17 PM
 #83

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.
Hope this decrease will be for short time and very soon we see the price of bitcoin trading in a very good position. In fact still most of the people are interested in bitcoin and bitcoin is facing some problems but hope that bitcoin will face all these situation i a good way. Because bitcoin s going to be our future currency and will become more popular than any other crypto currency.

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March 29, 2018, 11:59:00 AM
 #84

We all know that things are easily destroy but difficult to correct or amend. The FUD which was said by Bill Gate, the coin market cap scenario, the thing said by Master Card CEO, crypto relates ad ban and the Mt. Gox news are the main reason behind the dip in price of bitcoin.

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bachanhlac
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March 29, 2018, 12:05:27 PM
 #85

Now that all of the coin events are focused on March 31st, the whole market is waiting for March 31st to get the altcoin pump. Search only:
March 31: Close Week
March 31: Closed Month
31/03: Close Quit
March 31: Fiscal year (England, India, Canada, Hong Kong, Japan: Fiscal year begins on April 1 of a year and ends on March 31 of the following year)
Attendance is tsunami. Attach a photo of BITCOIN price as of March 31, 2017 to date

and i read a new about MT Gox selling 400M$ USD BTC, It is a reason why BTC is dump more:
Link Artcile:
https://www.coindesk.com/mt-gox-trustee-denies-400-million-sale-caused-bitcoin-price-slump/

P / s: This is the subjective opinion of an individual giving a reference e
September11Myth
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March 29, 2018, 12:22:19 PM
 #86

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

8000$? You must be joking. It already is 7500$ and as soon as I will have posted this it will probably already be 7200$. Expect it to land near 6000$ soon, and perhaps lower than that.
As for why, the answer is clear: because more people are selling than the people who are buying.

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stekinse
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March 29, 2018, 12:26:05 PM
 #87

Praying for the bullish market sooner Smiley
thirdprize
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March 29, 2018, 12:31:22 PM
 #88

Well, I am going to buy when it hits $2K.

Monette2k17
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March 29, 2018, 12:41:13 PM
 #89

The first factor that bitcoin still dropping is news about  hacking of trading platform like binance but it failed so that it still recovering and regulatory news coming from US and Japan that's why the price of bbitcoin wabbling.

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cryqtovn83
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March 29, 2018, 12:43:16 PM
 #90

seems like such fearful times doesn't it lol
everyone going crazy. I've seen this before in both stocks and real estate,  it was even worst then this
just by holding it always came back to new ath in time even if it took years in stocks and home case
now both sitting at historical ath
not fortune teller but I don't see Bitcoin and altcoin staying down for that long
it's naturally a very tiny easily volatile market so this kind of volatility is normal for one
stocks and homes are so giant if it falls that's big deal,  doesn't go back up instantly like coins can
and if keep up all news can see world still moving into coins ... it's just growing pains now gov all wants to have say about coins creating more fud then ever in coins history
anything so new and disruptive to point highest top gov has to talk about it means it's become a big deal
HODL
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March 29, 2018, 12:45:57 PM
 #91

bitcoin price is still dropping and now its $8000 within 3 months market is soo awful. What is the real reason for that
First of all Panic sell is playing big role here I think.Besides that Bitcoin is currently the news a lot of FUD.
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March 29, 2018, 01:30:37 PM
 #92

I think negative news contributes to the dropping of bitcoin price but Patient is what is needed in times like, you should not panic sell because it will lead to loses of fund.


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March 29, 2018, 01:40:36 PM
 #93

I think one of the reasons is panic selling which affects the law of supply an demand and the market. Added to this is the series of negative and fake news which made many of the investors to sell.

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March 29, 2018, 01:45:40 PM
 #94

By technical analysis, BTC prices could fall to about $6,000, but in the long term the BTC can reach $200,000.

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March 29, 2018, 01:52:11 PM
 #95

bitcoin just made the 'death cross' signalling a classic bearish market and it seems it is going to be for a longer time than we had earlier anticipated.We need some good news to pull the market out of this.HODlers are feeling the hit badly.In spite of all this, bitcoin will always bounce back stronger. I still believe in a 30k bitcoin by the end of the year
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March 29, 2018, 01:57:16 PM
 #96

By technical analysis, BTC prices could fall to about $6,000, but in the long term the BTC can reach $200,000.



I hope that analyses will give us a very good hope that bitcoin will raise again if bitcoin fall again in 2000$ of 1000$ i would love to buy more also to hold for a long term bounce in the future.
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March 29, 2018, 02:00:56 PM
 #97

there are events or bitcoin conference about regulation of bitcoin many is afraid to this news so they are panically selling their bitcoin so increasing supply in the market will cause low in demand so btc is going down until the many panic seller is increasing the supply so taht btc price continue to dump....
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March 29, 2018, 02:03:11 PM
 #98

To my mind  one of the global reason that he Government does not consider cryptocurrencies legal tender or coin and will take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system.  creates obstacles to the development of technology
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March 29, 2018, 02:08:17 PM
 #99

bitcoin price is still dropping and now its $8000 within 3 months market is soo awful. What is the real reason for that
Maybe because of its demand and supply. And can also be the governments that continue to ban it from their country, it affects its demand for people who are willing to invest and sell the money they have, so crypto currencies will increase in a couple of weeks which may lead a greatest regret that they sell their shares which can be great amount of profit in times of increasing.
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March 29, 2018, 02:13:04 PM
 #100

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

Market will always experience ups and downs so probably we should expect this kind of situation. With the current situation which almost all of crypto are all in red which leaves us worried and almost all of are wondering what caused this problem. We currently heard some FUDs about crypto so probably this is one of the reason why it continue to fall.
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