What causes Bitcoin to drop?

[cutiemolit]

maybe that's because the news of the Securities and Exchange Commission (SEC) United States investigating the Exchange and cryptocurrency other. regulator Japanese financial check the surprising Exchange main Japan, coinchek, the last week experience hacking, the fall of this happens the middle of a number of incident reviews - the new which seems to have surprised trust will digital currency.

There are lot of reasons why the price if Bitcoin drops. But it is the supply which is greater than the demand. So they don't have a choice but to sell Bitcoin in the lower price because less people buy Bitcoin. So we need to support Bitcoin in order for the price to go up again.

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[buternasek]

my opinion is because the google party can not predict the future of cryptocurrency will be like what but according to google has seen quite a lot of customer losses and potential dangers for customers in the sector that we are very careful in handling it.

[nellakarisma]

if according to the news I get. the cause of the bitcoin falling.
-after Google, Facebook and Twitter banned ads that smelled of ico.
- in Korean state restrict transaction using crypto to its people .
if the matter To fund terrorists and for other crimes it depends on each person's personality ..

[qwertyup23]

My opinion is that the whales trying to lower down bitcoin price and have cash out from their investment because they might have meet they're desired price and will reinvest. Other causes might be japan exchanges ceasing operations, US taxing trading exchanges and facebook and google banning ads for crypto currencies and FUD news.

Bitcoin whales certainly have a factor contributing to the decrease in the price of bitcoins as they control most of the market due to the law of supply and demand. If they increase the supply by selling most of their coins, they would be able to manipulate the demand, thus lowering its price. You do also need to consider that government prohibitions among hegemonic countries affect the price of bitcoins to a certain degree. Lastly, media hypes the bitcoin over but it also influences most new and old investors to diversify their investments into different altcoins, which in return, affects the price.

[nidacoinlove]

My opinion is that the whales trying to lower down bitcoin price and have cash out from their investment because they might have meet they're desired price and will reinvest. Other causes might be japan exchanges ceasing operations, US taxing trading exchanges and facebook and google banning ads for crypto currencies and FUD news.

It is possible if the whales try to manipulate market. But Bitcoin is too vulnerable that a fake news sometimes affect it's price when people start panic selling.

[Msile]

Where do you expect the price to go after pumping for almost an year? Bitcoin was just going through a correction and no amount of positive or negative news could have prevented that. Market corrections are very necessary as they bring the price down to saner levels instead of over valuating something.

[teleskopta]

I am not really sure about this thing but all I know is that the market value of a crypto such as bitcoin is dependent with the demand. Suc h that whatever is happening to the demand will be reflected to the market price of it.

[Claudyah]

The Indian government does not recognize the virtual currency as a legitimate means of payment. The government will also take steps to reduce the use of crypto assets in accessing forbidden information including criminals. when investors in India heard of it, bitcoin volality went down and prices fell.

[quovadiz]

Where do you expect the price to go after pumping for almost an year? Bitcoin was just going through a correction and no amount of positive or negative news could have prevented that. Market corrections are very necessary as they bring the price down to saner levels instead of over valuating something.

so many reasons are there which can cause the bitcoin price to drop, in fact when there are some bad news in bitcoin market then its price fell down but such decrease in bitcoin price is for temporary, and very soon bitcoin price can recover is position, i think that bitcoin price is still expected to increase too much.

[gabmen]

Where do you expect the price to go after pumping for almost an year? Bitcoin was just going through a correction and no amount of positive or negative news could have prevented that. Market corrections are very necessary as they bring the price down to saner levels instead of over valuating something.

so many reasons are there which can cause the bitcoin price to drop, in fact when there are some bad news in bitcoin market then its price fell down but such decrease in bitcoin price is for temporary, and very soon bitcoin price can recover is position, i think that bitcoin price is still expected to increase too much.

Well whatever the reason is, because we won't be able to pinpoint everything, dropping prices will happen and it will happen a lot. Manipulation, fud, natural correction, all these can make the price drop.

[rileynicole17]

Bitcoin price lowers because of the bad news about it. There are many news incorporated in bitcoin that it was used in different illegal activities. I also thought that because the demand in bitcoin is low but it has a lot of supply, bitcoin will be in lower price.

[BartS]

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 accusations against bitcoin of being a tool used by criminals are nothing new and are just a way to distract the public of the truth that bitcoin is a superior currency that no one controls directly, if the accusations were enough to bring down bitcoin then we will need to destroy every single technology created by humans because it could be used to do horrible crimes, and the second reason that you give has no relationship with bitcoin whatsoever, bitcoin has no relationship with icos and the coin most widely used to buy into icos is ethereum not bitcoin.

[airdagon]

actually it's not just that problem that causes bitcoin prices to fall. there are still some factors that cause bitcoin prices to fall. the factors that most affect the price of falling bitcoin are the people or the users and the investors themselves in my opinion. if the people themselves hear the news or negative news, surely they will immediately panic and sell it and cause the price will decrease again. try it if people do not panic when hearing bitcoin prices fall, or hear facebook, google, and twitter prohibit bitcoin. falling prices will not fall very deep as happened in the last days.

[Thanasis]

actually it's not just that problem that causes bitcoin prices to fall. there are still some factors that cause bitcoin prices to fall. the factors that most affect the price of falling bitcoin are the people or the users and the investors themselves in my opinion. if the people themselves hear the news or negative news, surely they will immediately panic and sell it and cause the price will decrease again. try it if people do not panic when hearing bitcoin prices fall, or hear facebook, google, and twitter prohibit bitcoin. falling prices will not fall very deep as happened in the last days.

Yes,panic sell is the main reason for the price fall in bitcoin and investors are just trapped by the whales in this case they want to make the bitcoin price lower so they will initiate the price g=fall by selling decent amount pf bitcoin which causes the pnic resulted in huge fall then the later whales will buy the bitcoins at the lower price.

[PalindromemordnilaP]

Market value fluctuation of bitcoin and the rest of cryptos is natural due to corrections, people selling their cryptos at a lower price, other whales who are selling their holdings also contributed to bitcoin price to go down.

[NENL]

The bitcoin price has fallen sharply as it is not profitable so it can not be priced in the way that most other assets can be priced. While a commodity such as gold can be used to create something of value, a Bitcoin is always left in a computer.

[Oasisman]

The bitcoin price has fallen sharply as it is not profitable so it can not be priced in the way that most other assets can be priced. While a commodity such as gold can be used to create something of value, a Bitcoin is always left in a computer.

What does that even mean?  Are you a kind of a frustrated bitcoin investor who lost a lot of money because of its volatility? If you look closely at how profitable bitcoin tahn gold even in a situations where the market is falling , if you just know how to play with the market fluctuations. Im not even saying that gold and other assets except bitcoin could not be profitable, but what I believe here is, Bitcoin is the most profitable asset today.

[MGBloomz]

if according to the news I get. the cause of the bitcoin falling.
-after Google, Facebook and Twitter banned ads that smelled of ico.
- in Korean state restrict transaction using crypto to its people .
if the matter To fund terrorists and for other crimes it depends on each person's personality ..

Yeah that's true but that's only part of the reasons and we don't know what behind on this price downfall after it reached at $19k. Although bad news and FUD has a great factors of the downfall. Maybe their's a price manipulation by those whales as they can afford to do that as they have owns much bitcoins. Anyway, we should not to worry as the market will recovers soon.

[SimasB]

People not morgaging their houses anymore It was a huge hype, just wait for more adoption in a year or two and the market will rise naturally.

[Smack 1]

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.