rainezerr401
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June 09, 2018, 06:19:41 PM |
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bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price what might be the reason why bitcoin's price is going down? what are the major things that can greatly influence bitcoin? answers would be fully appreciated  In my own opinion, the only reason for the prices to be affected is due to the people who are selling their coins whenever the prices are dumping and because of that the chain reaction is occuring which leads for the price to decrease even more. |
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teramit
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The Last Cryptocoin Burner
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June 10, 2018, 02:00:13 AM |
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Mostly manipulators affets the price. They convince people to buy or sell at specific times. They are good at this so they continue their job. You can understand that manipulators are on their job from volatile market and steep moves.
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olumyd
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June 10, 2018, 02:35:47 AM |
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bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price what might be the reason why bitcoin's price is going down? what are the major things that can greatly influence bitcoin? answers would be fully appreciated Bitcoin's astronomical rise in 2017 paved way for a lot of new stuffs in cryptocurrency world, such things as Bitcoin Futures -which inadvertently has contributed immensely to the below-9k price of BTC this year and even more recently, the whole FUD and heightened expectations from G20 meeting scheduled in July would be a huge milestone. We are still waiting for the right time when Bitcoin finds positive sentiment. Various news that exist today does not show that Bitcoin will get good news. But we must still believe that the future bitcoin will get various support, as long as we continue to use bticoin then it is expected Bitcoin will continue to increase. So do not ever be pessimistic because it will make things worse. Bitcoin prices can get recover when we are getting routine use it. With the number of blockchain projects emerging everyday, trying to break barriers for mainstream usages or cryptocurrencies by bringing blockchain solutions to real-world problems, if credible, can become assets with potential for true store of digital value, Just like we invest in real estate and big Corps shares. But bitcoin is still yet to overcome its outstanding problems - scalability and mainstream adoption as a currency. |
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OrangeII
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June 11, 2018, 06:10:12 AM |
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The factor that affects price mostly is, Market manipulations from the financial institutions,the news,the FUDs, and most importantly, technicals these are the things that you should be watching out as they are going to be a good trigger for your trades, this is the butterfly effect that is why we need to be sure to our all decisions before making a conclusion.
is the current falling bitcoin price also affected by one of the reasons you mentioned? well, there are so many reasons why bitcoin prices become unstable. so I guess we can not guess exactly what caused it, but the main factor is sales. |
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SirLancelot
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June 13, 2018, 11:21:46 AM |
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I have learned bitcoin as to why this value is not always high is the reason for those who invested in bitcoin and in addition to miners selling their bitcoin and its effects reduced the value of bitcoin.
Some major factors which control the price of Bitcoin that changes with the change in these factors. A little change in these factors affects the price of Bitcoin and especially the demand of people is the most powerful factor which has direct affect on the Bitcoin. With increase in the demand of people the Bitcoin price also increases while the decrease in demand brings decrease in the market value. |
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KenChanYu
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June 13, 2018, 01:42:21 PM |
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I have learned bitcoin as to why this value is not always high is the reason for those who invested in bitcoin and in addition to miners selling their bitcoin and its effects reduced the value of bitcoin.
Some major factors which control the price of Bitcoin that changes with the change in these factors. A little change in these factors affects the price of Bitcoin and especially the demand of people is the most powerful factor which has direct affect on the Bitcoin. With increase in the demand of people the Bitcoin price also increases while the decrease in demand brings decrease in the market value. Precisely! What affects the price is the increasing and decreasing of demand. Other factors I consider that affect the price are due to false news, misconceptions about the technology, FOMO's, FUD's, panic selling or the banning issues. There's no single factor that makes the price to rise or fall. What's important is we need to gain knowledge, learn about the technology, be committed, and be emotionally stable in the field of cryptocurrency. |
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Kurokyy
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LETS GO ADAB
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June 21, 2018, 12:39:28 AM |
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bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price what might be the reason why bitcoin's price is going down? what are the major things that can greatly influence bitcoin? answers would be fully appreciated The price of cryptocurrency can be affected in a different way, bitcoins can pump its value depending on the season, if there are people who are creating fud and it was spreading in a country then the price might decrease so it will be depending on the people because the demand in the market is important for the price of bitcoins to increase. |
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online73
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Ecowatt.io
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July 05, 2018, 08:42:33 PM |
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I will not say anything new if I assert that the mood of the crowd affects the price of any exchange-traded asset. Sometimes even the worst or very good news can not move the price in one direction or another. From this side, it can be argued that the price is not predictable. But, if you are exposed to the influence of such a mood, you can lose everything altogether. Therefore, the professionals tried to systematize knowledge in the form of various wave theories. I think all the questions on this forum are set for one purpose - as much as possible to earn money on the crypto currency market. Of course, to "defeat the enemy" you need to learn its habits, and the pros earn on any mood. You can ask any questions, I like this forum. But the most important thing is what you yourself think and what plan you will follow. After all, if there is a clear plan of action, your capital will only grow, regardless of the different moods.
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phpartisanmaster
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July 05, 2018, 08:54:01 PM |
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bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price what might be the reason why bitcoin's price is going down? what are the major things that can greatly influence bitcoin? answers would be fully appreciated The market prices are based on supply and demand so definitely, it decreasing because there are a lot of people who prefer to sell their coins more than holding it. |
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mindfly09
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July 06, 2018, 12:17:32 AM |
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I think if media was scattered a bad news or make a lies about bitcoin, then there a big affect to the people that they think doubt if they invest. If there are many investors so it will indemand and the price is increase. But there is main factors that affect the price if the government ban bitcoin.
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Divere1996
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July 07, 2018, 01:07:59 PM |
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There such a lot of factors that have an effect on bitcoin marketplace fee which variety from essential problems like high quality and poor information around the world and on the same time technical trouble additionally has impact in the marketplace. massive conversion of bitcoin to dollars may also influences the charge of bitcoin negatively and many others.
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euphemia
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July 07, 2018, 01:21:31 PM |
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There is many reason why bitcoin price goes up and down and it is only natural behavior of cryptocurrency marketplace. There is some time that many people bought, and there is also some tume that many people also sell it. In that way price of bitcoin affects with this.
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bohr
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July 07, 2018, 09:46:55 PM |
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bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price what might be the reason why bitcoin's price is going down? what are the major things that can greatly influence bitcoin? answers would be fully appreciated There is nothing special happening, the price went up really fast and logic dictates the price will have to go down very fast as well, the price went down a little bit lower than I thought, I was predicting that we could reach the point of equilibrium at 9000 and we went down to 6000 but that is fine now the only thing to do is to wait for the price to recover again. |
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anisoptera
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July 08, 2018, 05:45:59 AM |
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One of the main reasons of the last crash is that there were a lot of people investing all that money that they could not afford, and when they saw it going down, they started to sell, and that is what caused the crash in those times, that is my theory
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CoinFoxs
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July 08, 2018, 09:11:14 AM |
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Factors that influencing bitcoin price. 1. Bitcoin supply and increasing/decreasing demand. 2. Regulations enforced by governments on Bitcoin transactions. 3. Bitcoin in news: Influence of media on garnering negative and positive publicity 4. Bitcoin users and developers influence the rise and fall of price. 5. New technological changes to Bitcoin. For detail read : https://hackernoon.com/factors-influencing-bitcoin-price-cfabdf634894 |
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finzyoj
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July 08, 2018, 03:37:15 PM |
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bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price what might be the reason why bitcoin's price is going down? what are the major things that can greatly influence bitcoin? answers would be fully appreciated There is nothing special happening, the price went up really fast and logic dictates the price will have to go down very fast as well, the price went down a little bit lower than I thought, I was predicting that we could reach the point of equilibrium at 9000 and we went down to 6000 but that is fine now the only thing to do is to wait for the price to recover again. There's are some points that are considered what affects the price of a btc. First is when a lot of investors sell their coin therefore the price of bitcoin will become low because of the number of seller. The higher the sellers the lower the price Next is the social media or news cast about negative side of the bitcoin due to this, some people who are lack of knowledge about it is afraid to enter the cryptocurrency world because they are scared to lose and went for nothing. |
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Diablomania
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July 08, 2018, 04:18:55 PM |
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A lot of stuff is what makes the price change in a short amount of time.
The news, the fud, the hype, and all the other things that involves the decision of the people.
But i think that it is changing everytime that there are movements on the entire market.
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Athanasios Motok
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July 08, 2018, 05:36:27 PM |
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bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price what might be the reason why bitcoin's price is going down? what are the major things that can greatly influence bitcoin? answers would be fully appreciated Cryptocurrency and bitcoin are very much sensational in 2017. There were a lot of scams that this HYIP decided to deceive people. ICO which did not come to the exchange and many other schemes with hacking of the exchange and theft of bitcoins. A lot of stories turned away from young and promising investors. |
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jaja colleen
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July 09, 2018, 04:34:29 AM |
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bitcoin slowly went down this year, from almost 20k USD last December and went down at a significant price what might be the reason why bitcoin's price is going down? what are the major things that can greatly influence bitcoin? answers would be fully appreciated The big influence on why Bitcoin price falls down,are those people who spreading false news is one of the reason why bitcoin price drop,because when they heard about it,especially those people who are new in Bitcoin they will be afraid that they might lose their investment so even if Bitcoin price is cheap they will not hesitate to sell it,and also many big investors who sell their Bitcoin,that's why Bitcoin's supply increases in the market and it's effect is the dump price of Bitcoin. |
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Scripture
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July 09, 2018, 05:58:02 AM |
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Of all the many speculations exist regarding what affects the Bitcoin's price, only one thing i know that sure it does. Its no other than the law of supply and demand. After the great fall on the first quarter of the year, the price started to become stable. Only few people are wanting to have a buy low sell high principle and most of them quits and lost faith. If the whales are still keep holding it, it would remain that way.
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