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Author Topic: some of the reasons that made the bitcoin's price down  (Read 1874 times)
firasbc (OP)
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April 06, 2018, 07:59:59 PM
 #1

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.
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Lannie25
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April 23, 2018, 06:08:10 PM
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There are lots of reasons why the market value of bitcoins is going down.  One of these are the external factors such as political policies like new laws and agreement.
Another thing is the demand in their services which slowly decreasing the market value when the demand falls down.
tora
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April 23, 2018, 06:23:52 PM
 #3

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.
coolcoinz
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April 23, 2018, 07:11:09 PM
 #4

There are lots of reasons why the market value of bitcoins is going down.  One of these are the external factors such as political policies like new laws and agreement.
Another thing is the demand in their services which slowly decreasing the market value when the demand falls down.

Why necro this thread 2 weeks after it was created? It wasn't answered by anyone because it wasn't interesting and at this point its content is completely irrelevant. Why would you want to explain the reasons for a small downward move of Bitcoin, when we are already in reversal?

rhana_
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April 24, 2018, 12:51:58 AM
 #5

some reason that makes the price bitcoin down one of them because of the company Exchange close ,, trade bitcoin similarly trade falas, so it will happen upheaval market if there is a problem in an Exchange. closing Exchange bitcoin because attacked hackers, there are legal issues or other problems will make market confidence decreased. this will result in the holder bitcoin that bergabun G as members of the company divert investment to Exchange other safer. so that the number of bitcoin on the market will abundant and have an effect on the price reductions very high.
abelmon66
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April 24, 2018, 12:57:08 AM
 #6

It is very limited experts in programmers in blockchain, and should crypto should always be developed and every country must be ready to face progress with Blockchain technology.
Venn Harris
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May 19, 2018, 02:09:12 AM
 #7

The bitcoin investment channel occurs frauds and scams. In an article on Bitcoin exploits on the 99 bitcoins page, there is a piece on how to scam: There is a new concept called "cloud mining." However, if you calculate a bit, you will see no "cloud mining" service that can be profitable in the long run. Services that are profitable are often deceptive, they do not even own the mining equipment, they are running a ponzi model.
sungaiyangderas
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May 19, 2018, 03:30:12 AM
 #8

the reason for which bitcoin prices go down is one of them because the Exchange company is close, bitcoin trading is equally trading falas, so there will be market turmoil if there is a problem in Exchange. shut down Bitcoin Exchange because it attacks hackers, there are legal issues or other issues that will make market confidence decline. this will result in bitcoin holders who join G as a member of the company to transfer investment to Exchange safer.
Venn Harris
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May 19, 2018, 06:26:17 PM
 #9

The bitcoin investment channel occurs frauds and scams also is a reason. In an article on Bitcoin exploits on the 99 bitcoins page, there is a piece on how to scam: There is a new concept called "cloud mining." However, if you calculate a bit, you will see no "cloud mining" service that can be profitable in the long run. Services that are profitable are often deceptive, they do not even own the mining equipment, they are running a ponzi model.
ETHtotheMOON1
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May 19, 2018, 06:48:01 PM
 #10

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'm not sure these are the reasons, definitely not the only ones. But I always keep laughing when I see the prices going down with no reason, I always fancy to grab some cheaper coins Wink

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Rudolph White
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May 19, 2018, 06:57:44 PM
 #11

I just heard information about a syndrome. Do you know about FOMO? "FOMO is a short note of the word Fear Of Missing Out, we can understand that fear is abandoned, missed. FOMO syndrome is a problem of society, not just the financial industry Once caught in this syndrome, people in general and traders in particular will "dive" into things that are not clear, leading to unnecessary or tricked costs, or investing in things that are already exceeded its true value, causing itself a serious loss. "
I think that reason comes from us.
Ocha1802
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May 19, 2018, 07:20:21 PM
 #12

because there's a big mafia playing, selling all the bitcoins they've earned from the bitcoin scam website they had made last year, and also the falling XPY price is now also the cause of the bitcoin down,
Many HYIP sites underwent bitcoin investments that led to a scam, and now it's time for scammers to sell bitcoin from their scam.
Enoch Lewis
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May 22, 2018, 03:40:55 AM
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Bitcoin and the blockchain reminded me of the dot-com bubble in 1999. I read: "Kodak and Long Island Ice Tea (now Long Blockchain Corp) are two companies recently either renamed or announced they would give that they came up with a coded currency and a platform for digital money. "After they disclosed their involvement in digital money, both saw their shares rise sharply." Do you think so?
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May 22, 2018, 03:51:31 AM
 #14

Negative news and regulatory oversight are the main reasons for the price drop. For short-term investors, this is definitely bad news.
hikaru_11
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May 22, 2018, 06:25:31 AM
 #15

Bitcoin price down is common, because it has become the nature of the Digital Cryptocurrency assets that cost fluctuate, can go up and down anytime. if in my opinion the price of Bitcoin is much influenced by bad news so that investors panicked and sold all their coins. and this has happened repeatedly.
newwest
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May 22, 2018, 06:33:59 AM
 #16

Negative news and regulatory oversight are the main reasons for the price drop. For short-term investors, this is definitely bad news.

Many media are not able to understand the news and project it in a negative way and thus it is causing a huge panic among the users and thus they do panic selling due to which price crashes and this is when the big investors enters the market in falling time.

poisonivy77
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May 22, 2018, 06:46:14 AM
 #17

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.

there are a lot of reasons why bitcoins price goes down, first of all is the number of investors to support the campaign, due to some anomalies and controversy that bitcoin has in, investors turn their back on it, thus making low profits.

Wahyud11
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May 22, 2018, 11:12:59 AM
 #18

The reason why bitcoin prices go down is
1. Bitcoin Mining Closure.
According to a source, when a Bitcoin mine is out of business, they tend to let go of all the Bitcoins they have stored. This could trigger a chain effect until the price of Bitcoin falls.
2. Prohibition of Using Bitcoin Announced By A Stronger State of Economy.
Among the factors driving Bitcoin prices up, there is an element of recognition from a stronger economy. Therefore, it applies vice versa; Bitcoin's price drops if a stronger economy oppose and prohibit its use
3. Closing of Bitcoin Exchange.
The law of supply shall also apply to the price of Bitcoin. The higher the supply will be something, the lower is the price, if other conditions in general nothing has changed.
alex M
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May 22, 2018, 01:05:09 PM
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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.

there are a lot of reasons why bitcoins price goes down, first of all is the number of investors to support the campaign, due to some anomalies and controversy that bitcoin has in, investors turn their back on it, thus making low profits.

Yes, I agree. When people are dumping their coins at a cheaper price, it would initiate a downtrend of price. If we want it to grow more, then, we'll just wait till the peak price is reached. Some factors that may also affect is, the "Fake news" because it ruined the credibility of btc, thus making people  to worry and will no longer invest.
nellakarisma
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May 22, 2018, 01:13:49 PM
 #20

which makes bitcoin prices fall sharply after investors buy large amounts of bitcoin and then after the price starts to improve then they sell all the bitcoins they have. Essentially people who have their big capital in power .
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