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Author Topic: What causes Bitcoin to drop?  (Read 419 times)
Osakrita
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June 08, 2018, 06:16:49 PM
 #121

Much of the recent dip in the price of bitcoins and other cryptocurrencies have been related to policies or regulations by government aimed at putting a close lid on it plus negative reportage by the media.It is hard to think that government are not involved with price manipulation deals,because it suits them when the value of bitcoins drops
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June 09, 2018, 06:10:12 PM
 #122

which causes bitcoin prices to fall is a issue of negative issues in the news. and lack of supply and demand. this is what causes bitcoin prices to fall. but you do not need to panic because it will be back to stable again.
because the bitcoin is very sensitive to the issue of negative issues about bitcoin. but with this huge price drop but it will come back again and you all also never sell bitcoin because panic with the price drop
It is for sure for the market to get back up again and start a normal proper trend to the upper side when it is ready but we all sure do know now is not the time. The drop was inevitable right from the onset the FOMO started last year and it was sure expected.

How low we are going to get is what no one actually knows now and the only thing we can of course do is to keep watching the trend to see how things would turn out eventually but for now, nothing is certain yet. There could be hundreds of reasons which made prices to drop from $20k to current levels but all the hassles will vanish in near future as bitcoin's future is still believed as a brighter one.


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rainezerr401
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June 09, 2018, 06:17:04 PM
 #123

There are two key factors affecting Bitcoin, which have triggered a recent sellout. Bitcoin has never been relieved of its involvement in money laundering and terrorist financing, and that connection was once again referred to by IMF president Christine Lagarde as she urged home. Managers around the world attacked bitcoin for this reason. At present, Bitcoin is just going down, not completely broken down. The second offender behind the bitcon depreciation is causing more anxiety for investors. Google has followed Facebook in prohibiting pre-encoded ads and ICOs. Makes pre-coding lose value.
What is your opinion?

The market is always depending on the demand and supply so if you are interested on earning a huge amount of profit then the best thing to do is just wait for the price to increase even more before selling your coins.

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