What's happening to Bitcoin?

[erickkyut]

What is happening to Bitcoin? Why does the pricenkeeps on falling down? The initial result of G20 is favorable towards it so I thought that it will be the start of another bullish chart but it is the opposite. Can someone enlighten me about the current situation of cryptocurrency?

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[nydiacaskey01]

What is happening to Bitcoin? Why does the pricenkeeps on falling down? The initial result of G20 is favorable towards it so I thought that it will be the start of another bullish chart but it is the opposite. Can someone enlighten me about the current situation of cryptocurrency?

There were reports that Mailchimp started shutting down accounts that is related to Cryptocurrency. You can read it at Cointelegraph. After the news broke out, price of bitcoin dropped below $7,000. Its a good marketing tool but if Mailchimp doesn't want the business of Crptocurrency, there are always other options like aweber, freshmail, and icontact.

[whoisyourking]

What is happening to Bitcoin? Why does the pricenkeeps on falling down? The initial result of G20 is favorable towards it so I thought that it will be the start of another bullish chart but it is the opposite. Can someone enlighten me about the current situation of cryptocurrency?

It happens everytime when the holidays are coming. Just relax dont look to the graph it will made you stressed and it will caused of panic. This will go back to normal again.

[ClownSpider]

Spring break, people are buying boats and cars.

[Sadlife]

Unfortunately some big exchanges in japan pulled off and cease it's operation these exchanges are; Tokyo gateway, Mr. exchange, Raimu, Bitexpress and Bit Station. But all is not bad some speculators and bitcoin investor said that this is a good chance to buy more cheap altcoins and bitcoin. It would be unlikely for bitcoin to recover within short term but im expecting a rally after a few months.

[erickkyut]

What is happening to Bitcoin? Why does the pricenkeeps on falling down? The initial result of G20 is favorable towards it so I thought that it will be the start of another bullish chart but it is the opposite. Can someone enlighten me about the current situation of cryptocurrency?

It happens everytime when the holidays are coming. Just relax dont look to the graph it will made you stressed and it will caused of panic. This will go back to normal again.

I don't panic. I'm just curious because I know that the initial result of G20 was favorable to Bitcoin and yet the price keeps on falling. I trust cryptocurrency.

There were reports that Mailchimp started shutting down accounts that is related to Cryptocurrency. You can read it at Cointelegraph. After the news broke out, price of bitcoin dropped below $7,000. Its a good marketing tool but if Mailchimp doesn't want the business of Crptocurrency, there are always other options like aweber, freshmail, and icontact.
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I already read that news but since it came from cointelegraph, I have doubts if it is legit. Sometime cointelegraph is being paid to spread fake news.

[cissrawk]

I already read that news but since it came from cointelegraph, I have doubts if it is legit. Sometime cointelegraph is being paid to spread fake news.

How you know about this? Cointelegraph for me is one of trustable news about cryptocurrency. Did i miss something or what?

[boboking]

There are a lot of news about Bitcoin that creates FUD others have already posted the most recent once. Through our this first quarter there were non stop news about Bitcoin that were not positive which affected the price. Also I know that technical analysis is not that famous on the crypto currency market but still death cross is near and with the current trend most likely we will go below the death cross also a possible reason why prices are falling. Still if you are a planning to hold it for long term just stick to your plans. This market will recover eventually.

[pooya87]

it is more like what happened not what's happening. and what happened was a lot of FUD and manipulation, where whales kept dumping until they successfully started the bear market. now there is a large number of investors who took their money out of bitcoin and are waiting for this shenanigan to stop so that they can come back in.
them going out means the way down is a path with least resistance

[Harpawan]

Bitcoin is experiencing a price depression.
Bitcoin prices dropped by more than 50 percent.
This is not good for the fans. Sooner or later, bitcoin will soon be left behind fans.
And they turn to another coin that they think is profitable.

[Swenna]

I've read some of the latest cryptonews about the decline of bitcoin but none of them can exactly state the reason behind this dip. Some says that this is still a follow-up of the recent banning of crypto advertisements in Twitter. Well, there's also this issue about Mt Gox Exchange, that the whale just dump his bitcoins off to pay for the creditors. It also says he still has remaining bitcoin to dump and so the price will continue to go down for a while but it will eventually surge up again.

Despite reading the news such as those, I didn't feel anxious or worried. I just thought that the whales in the market are playing their little game of mind and fear manipulation. Only the strongest holder will survive after this.

[Sevarchik]

Nowadats is the trend - falling bitcoin price, i think traders start making moneys on this kind of market

[Litzy Halminton]

there is so many reason but I think finally bitcoin should be back to its real value, its price was pushed so high in 2017, that's why people call bitcoin is bubble

[gandame]

I've read some of the latest cryptonews about the decline of bitcoin but none of them can exactly state the reason behind this dip. Some says that this is still a follow-up of the recent banning of crypto advertisements in Twitter. Well, there's also this issue about Mt Gox Exchange, that the whale just dump his bitcoins off to pay for the creditors. It also says he still has remaining bitcoin to dump and so the price will continue to go down for a while but it will eventually surge up again.

Despite reading the news such as those, I didn't feel anxious or worried. I just thought that the whales in the market are playing their little game of mind and fear manipulation. Only the strongest holder will survive after this.

Many fud news about bitcoin that's why some holders dump there coin and some are panic selling. And i think bitcoin down to 5000$ and many are waiting for that happen so that they will buy at cheaper price.

[Tahir460pk]

Very difficult now to see decreasing the bitcoin in these few weeks i see same same groat.

[Getcoinsite]

Unfortunately some big exchanges in japan pulled off and cease it's operation these exchanges are; Tokyo gateway, Mr. exchange, Raimu, Bitexpress and Bit Station. But all is not bad some speculators and bitcoin investor said that this is a good chance to buy more cheap altcoins and bitcoin. It would be unlikely for bitcoin to recover within short term but im expecting a rally after a few months.

this are all parameters of stabilities,your right that this is a chance to buy more and more coins since this is not permanent..those non believers will cry soon as when they saw the growth.but today all of us must be strong enough to carry this burden because its too hard seeing your investments dying day by day,but you cant do anything to help it.holders needs to experienced this kind of happenings to stay in this crypto world

[Procopiogamscrypto]

What is happening to Bitcoin? Why does the price keep on falling down? The initial result of G20 is favorable towards it so I thought that it will be the start of another bullish chart but it is the opposite. Can someone enlighten me about the current situation of cryptocurrency?

Even though Mailchimp had not made any public statement regarding crypto news shutdown but it really affects the current situation because crypto investor and holders are always following  and watching on social media and other forms of information that tells the movement and trend of all crypto.

[bocyaj]

Don't worry buddy.It's just as usual fluctuation occur in bitcoin and which which impact the other crypto currency.Now the market is crash due to some FUD.You  should have some patience at this situation.Since this is virtual currency,the fluctuation in the price of bitcoin and other crypto currency is common.

[Spain2000]

Bitcoin is good to me and now a days some bad news in the market due to which a heavy price fall raised and now the bitcoin price is 6,656 which is very low as compared to the past and now the people are not active in trading and every one is curious about bitcoin future and it is very surprising for us that after the new year started the bitcoin were not growing and now the price is falling with a steady rate.

[jaocoincrypto18]

What is happening to Bitcoin? Why does the pricenkeeps on falling down? The initial result of G20 is favorable towards it so I thought that it will be the start of another bullish chart but it is the opposite. Can someone enlighten me about the current situation of cryptocurrency?

Even there is a bullish like the G20 but still there are lot of development that contributed to the falling down like the FB, Google and Twitter ban in which it will be difficult to some users of Bitcoin platform to promote their business and sites. The regulations in which it will be difficult to some investors to directly to pour their money to Bitcoin without completing the KYC application requirements. These are the some of the few reasons on why the price is falling down that i think we should start to use to it if we want not to quit this investment.