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Author Topic: some of the reasons that made the bitcoin's price down  (Read 1938 times)
Minionnn
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May 28, 2018, 07:08:08 PM
 #41

The price of bitcoin drops because of several reasons:
Many people sell their bitcoin
Many negative information about bitcoin appear on the media
Many bitcoins are hacked ...

septyadf1
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May 29, 2018, 07:14:25 PM
 #42

The price of bitcoin is derivate from many factors, the one that comes from my mind are :
1. Fight between stakeholders about the Bitcoin scaling issue
2. A Huge volume of transactions on trading exchanges
3. Geopolitical events and corrupted governments
4. Bitcoin is limited in numbers and more people are eager to get a piece of the pie, this increase the rarity of this cryptocurrency.
Polly.Nochka
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May 29, 2018, 07:18:56 PM
 #43

All the bad news eg government involvement and google stopping crypto ads seem to be in the past. Cryptos are now back on the increase at a steady pace.

No, you are wrong, bitcoin falls in price. and at the moment its value is close to 7000 dollars. What is expected bitcoin further, one can only guess ...
Rowan White
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June 12, 2018, 05:10:59 AM
 #44

Since it doesn’t generate profits or cash it can’t be valued in ways that most other assets are. While a commodity such as gold can be used to create something of value, a Bitcoin resides in a computer. If enough uses aren’t eventually developed for them their demand could decrease.
Robbio
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June 12, 2018, 07:28:34 AM
 #45

The whales issued a large number of false news to manipulate the value of Bitcoin. These messages caused investors to panic and the price of Bitcoin fell. This is one of the most common reasons.
Odlanyer
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June 12, 2018, 01:00:52 PM
 #46

some of the reason that the price of bitcoin get down because of exchange company is close the higher the supply will be something, the lower is the price, if other conditions in general nothing has changed, bitcoin mining closure they tend to let go of all the Bitcoins they have stored and there's a lot of hackers scattered.
robaya
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June 12, 2018, 01:25:59 PM
 #47

as far as I know, bitcoin falls due to very little market demand. not to mention the bad news that discusses bitcoin will definitely make the bitcoin value down. but this decline is an opportunity to add to our assets, and we will sell when bitcoin values ​​rise again. it is a huge advantage.
BestW1shes
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June 12, 2018, 01:27:22 PM
 #48

I think this is a targeted manipulation
Sigfred Hernadez
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June 12, 2018, 03:12:54 PM
 #49

Bitcoin splits it into many types of coins as Bitcoin, Bitcoin Cash and Gold Bitcoin. As Bitcoin is self-competition, it makes markets unstable. When players like Roger Ver, owner of Bitcoin.com, use the site and its own influence to promote investment and Bitcoin Cash with his own beliefs, to create a situation where no one really know assistance and what they will invest in. In particular, the new investor must make every effort to follow the development of the market. The dilution of a property are never good with prices
Cloak1
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June 12, 2018, 04:16:36 PM
 #50

Cryptocurrency prices are largely driven by news events. I believe all those bad news are making negative impact on cryptocurrency prices. People have started selling their digital assets to secure themselves from big loss. As price is largely driven by faith and fear, so its falling continuously with continuous bad news one after another.
Caradoc Moore
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June 12, 2018, 05:23:39 PM
 #51

In my opinion, China market is one of the reasons which made Bitcoin’s price down. In fact, price declines strong because many people sell it too much. There are 2 cases: firstly, the big investors feel Bitcoin has risen enough and may make a profit, so they simultaneously sell. Secondly, there is an exchange that is hacked and stolen Bitcoin.
Dukemomn
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June 12, 2018, 05:35:38 PM
 #52

In my opinion, China market is one of the reasons which made Bitcoin’s price down. In fact, price declines strong because many people sell it too much. There are 2 cases: firstly, the big investors feel Bitcoin has risen enough and may make a profit, so they simultaneously sell. Secondly, there is an exchange that is hacked and stolen Bitcoin.
Thirdly,  cryptocurrency exchanges in china use kinds of unfair ways to trade coins that common traders hold.for example fake data instead of real coin.   
Lazada
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June 12, 2018, 06:00:29 PM
 #53

In my opinion, China market is one of the reasons which made Bitcoin’s price down. In fact, price declines strong because many people sell it too much. There are 2 cases: firstly, the big investors feel Bitcoin has risen enough and may make a profit, so they simultaneously sell. Secondly, there is an exchange that is hacked and stolen Bitcoin.
I just heard this information, if it is true then China is a country that has a very large population value and has a large number of Bitcoin users so that this will definitely affect the price of bitcoin globally. Hopefully this can go much better and there are still many positive sentiments that might make a much better movement. The Chinese country should do something soon because if this continues it could be the price of Bitcoin continues to decline and this will be bad impact of course.
NaomiNagata
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June 12, 2018, 10:48:19 PM
 #54

I have found a platform that allows everyone to understand the changes in the market of crypto and when is the right time to invest in cryptocurrency. It is called Cryptics – the first AI-based trading solution. The combination of AI and neural networks allows the Cryptics platform to encompass a large number of open sources and compile information on exchange rates from social networks and exchanges with 70% accuracy. However, do not take everything for granted - you always should check everything by yourself Smiley https://youtu.be/52RacK8L4GI
Yohr87
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June 12, 2018, 11:42:48 PM
 #55

I think one reason why the price of Bitcoin is going down because for me the investors stop to invest in Bitcoin because its price is not high and they cannot get a good profit.
jayco25
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June 13, 2018, 12:28:08 AM
 #56

The Reserve Bank of India has restricted controlled monetary establishments from managing in cryptocurrencies, refering to the dangers included. American very rich person Tim Draper trusts that India is committing a major error by closing its ways to cryptocurrencies. As tim Draper, this will just prompt cerebrum deplete the same number of will be compelled to move to different spots, which are more crypto-accommodating.

Japan, which is a noteworthy center point for crypto and Blockchain action is confronting deficiency of programming engineers. There are comparable necessities at different spots, where Blockchain experts are sought after. This has constrained the best MBA universities on the planet to build the nearness of virtual cash and Blockchain classes in their projects.


Every time bitcoin price drop a lot of comments and speculation. I believed today bitcoin price drop because oof some reason. One of Korean Exchange hacked a lot of people withdraw because of panic. A lot of  prominent people still against bitcoin and they have bad comment about digital currencies. The other reason is some big investor trying to drop the price and they will get more.


#Support Vanig
ShitTL
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June 13, 2018, 01:02:15 AM
 #57

Some reasons for falling bitcoin are government regulations and measures and the supply of investors makes the price of bitcoin fall down directly and indirectly on the price of bitcoins down
BinManR
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June 13, 2018, 01:16:26 AM
 #58

The major trading platform in Korea, Coinrail, was attacked not long ago by hackers. That is also part of the reason that in my opinion it has affected investor sentiment and they have dropped bitcoin prices.
The downward trend is forming in the psychology of investors and users are panic. I think the market will soon be adjusted. A 1-week cycle of leaps up to ~ 8k may be repeated.
Market-desi
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June 13, 2018, 01:22:10 AM
 #59

among the factors that make bitcoin prices go down.
1. because of the large number of investors who buy bitcoins from small to large investors. because the price of bitcoin can effect up if bought even in small to large quantities .

2. negative issues to bitcoin.

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June 13, 2018, 01:30:27 AM
 #60

The Reserve Bank of India has restricted controlled monetary establishments from managing in cryptocurrencies, refering to the dangers included. American very rich person Tim Draper trusts that India is committing a major error by closing its ways to cryptocurrencies. As tim Draper, this will just prompt cerebrum deplete the same number of will be compelled to move to different spots, which are more crypto-accommodating.

Japan, which is a noteworthy center point for crypto and Blockchain action is confronting deficiency of programming engineers. There are comparable necessities at different spots, where Blockchain experts are sought after. This has constrained the best MBA universities on the planet to build the nearness of virtual cash and Blockchain classes in their projects.
I think countries that are now closing it's doors to Bitcoin will soon realize that they've made a major error with their decissions it is because allowing Bitcoin or cryptocurrency in a specific country might help countrymen to achieve financial freedom and therefore ends up like there is economic improvements. As we can see Japan has been supporting Bitcoin and now they might be the world's Bitcoin capital sooner or later.

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