RawDog
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Activity: 1596
Merit: 1026
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July 03, 2018, 07:26:08 AM |
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"some of the reasons that made the bitcoin's price down"
Because is doesn't work since SegWit.
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Whoever mines the block which ends up containing your transaction will get its fee.
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Stavr1992
Jr. Member
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Activity: 210
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July 03, 2018, 07:37:00 AM |
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At the moment, there is a downtrend. And how long it takes, nobody knows. Let's hope for a quick recovery of the Crypto-currency
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TopT3ns
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July 03, 2018, 07:56:52 AM |
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Someone keeps saying that bitcoin was hacked, that someone is responsible about the tradings happening and the amount of volume of bitcoin. But might the main reason is the government releasing bad news abiut bitcoin.
bitcoin hacked actually really can affect for the price, not because the amount of the coins get hacked, but it will affect on trader's mental. if they don't believe on exchanger and withdraw all their asset, bitcoin dan down too fast |
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Tuyul_Dollar
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Activity: 185
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July 03, 2018, 08:10:26 AM |
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closing Bitcoin Exchange due to hacker attacks, there are legal issues or other issues that will make market confidence declining.the same time trading falas, will make market turmoil if there is a problem can decrease the amount and decline in exchange value.
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Cj29
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July 03, 2018, 09:31:01 AM |
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I think there two reason why bitcoin fall. One is the unpatience people. People want a rush profit but they didnt not see if they hold long you will get much than he get now. Second is panic selling everytime that bitcoin fall price people will panic and they sell everything just to avoid the red market. They didnt knew tat they causing dump.
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Zainal-baguz
Jr. Member
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Activity: 175
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July 03, 2018, 09:37:04 AM |
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if I have 3 reasons that make bitcoin prices down until now.
1. for the feast of Eid al-Fitr among the Muslims of the world.
2. school holidays as well as many people who will sell their assets for admission to school.3. because there are big investors who sell their assets with a large amount.
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█▐ ▏ DDCT ▕ ▌ https://digitaldollarcoin.com/ ▕ ▌█
∎∎∎∎ The etherMillennium Coin of the Century ∎∎∎∎ |
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Jenits
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July 03, 2018, 09:44:08 AM |
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I think the main reason that bitcoin going down its because many investors back out and there are so many whales..
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F$m@nia
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July 03, 2018, 09:45:29 AM |
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There might be several reasons which can impact the price of Bitcoin such as regulation threats from government bodies, any negative statement about crypto currencies by influential persons, hacking attacks, insecurities among traders about their funds and many more.
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normanderecho
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July 03, 2018, 09:49:34 AM |
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I think the main reason that bitcoin going down its because many investors back out and there are so many whales..
For me the reason why bitcoin down because of the negative issues about bitcoin so that people dont have a trust on bitcoin and others investors will not buy or invest on bitcoin.i think that is the reason why bitcoin down the price on the market. |
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Direwolve735
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July 03, 2018, 09:53:44 AM |
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Security remains the biggest problem for bitcoin. The absence of a central governing body makes the crypto currency more vulnerable not only to any uncertainty, but also to attempts to hack, steal personal data and fraud. Also, the currency's reputation is undermined by its high volatility. The bitcoin rate is highly variable. Bitcoin needs to correct these two key problems in order to attract investors again.
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Kertmu
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Activity: 182
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July 03, 2018, 10:32:44 AM |
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Security remains the biggest problem for bitcoin. The absence of a central governing body makes the crypto currency more vulnerable not only to any uncertainty, but also to attempts to hack, steal personal data and fraud. Also, the currency's reputation is undermined by its high volatility. The bitcoin rate is highly variable. Bitcoin needs to correct these two key problems in order to attract investors again.
Nobody is obliged to protect investors from their careless actions using their keys and passwords. You do not need to store all the keys on a PC that is always connected to the Internet. The reputation of Bitcoin will not be able to uphold the Central Authority, because at the same time pricing will not be fair, it's not USD or EURO. |
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DoublerHunter
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July 03, 2018, 11:08:32 AM |
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The doubt and fear of the people which is one of the main reason why the price of bitcoin is going down. Bitcoin's price is below 10,000 USD and a lot of people are now losing hope and doubting bitcoin if it will still go back to the top and they are now in fear that bitcoin might just keep going down but they didn't know that bitcoin is just giving opportunity to other people to accumulate more before it takes off going to the top of the moon.
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dewildance
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July 03, 2018, 11:25:38 AM |
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I think that such bans and restrictions will not affect the price unless they come from very large countries. I think we are going to go to goodness is related to technological development.
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likerseld
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July 04, 2018, 06:50:41 AM |
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When Bitcoin is mooning, all of sudden you see many claimed they are professional
predicktor. When Bitcoin is bearing down, all of sudden people blamed the governments. And all the professional predicktors hide their wood into the jungle.  It always happen like this. When bitcoin is moving up everyone is giving good news and we see a lot of you tubers becoming professional predictors. On the other hand, when bitcoin is down no one is able to give the predictions and no one even says when the market will recover. |
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Husecomang
Jr. Member
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Activity: 83
Merit: 1
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July 04, 2018, 10:10:36 AM |
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discount bitcoin has a lot of reasons. I do not know much either. But I think the bitcoin price is down due to reduced demand for bitcoin and possibly by some individuals and organizations manipulating the market price.
When you are in this cryptmart long enough, you will know bull and bear approaching basis on the overall market cap. I do not fully agree on your point of view. Only market cap cannot give the true approach of bull and bear signal. If you really want to know the trends you need to understand all the signals of trading world. You should master the trading View app and get some professional training. |
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valentine401
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July 04, 2018, 12:17:13 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.
In my own opinion, the market prices is only dumping because people today are not good enough to handle their patience or they are not well knowledgeable about the market so they are selling their coins at the lowest price which will lead them to lose a huge amount of profit because the market will still go back to normal after a few months. |
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websoftwareengineer
Full Member
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Activity: 364
Merit: 100
Blockchain with VTOS energy
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July 04, 2018, 01:19:53 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.
People today are currently selling their coins due to fud that is circulating in other countries but when the market starts to pump up or whales are going to hoard a huge amount of coins then the hype will ignite the market and people will focus on investing. |
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finlandais
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July 04, 2018, 01:55:34 PM |
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Their are many reasons which affect the price of bitcoin but the main reason is the number of investors.More will be the number of investors more will be the price of BTC and another reason is that some people starts believing on fake news that bitcoin is going to end soon and due to this they start selling their coins at very low rate instead of holding them.Such panic sellers are the main reason behind the downfall of the market value of BTC.
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KingdomHearts
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July 07, 2018, 10:02:08 AM |
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One of the main reasons why bitcoin fall down is the futures, the other big reason is small fish that newly joined couldn't find the "get rich quick" he was looking for and left. During the december run a lot of people joined bitcoin and all cryptocurrencies. Those newly joined people never knew the historical pattern of the bitcoin price and bought a lot.
Which caused the price to spike to all time high of 20k dollars, than when they realized they are not making a killing from it they started to sell, when they sold others followed. Since the small fish left and the price was going down the whales who looked at the futures and saw the leverage they could profit, they kept selling and bought up futures with that money.
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MiXxe
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July 07, 2018, 10:37:01 AM |
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I think the reasons are that, bitcoin is volatile and that the number of investors affect the price of bitcoin. What I am suspecting is that there is a big whale that manipulates the price of bitcoin. It is holding majority of coins so that when they get more coins because of low price they made, they get to earn more and more. Another point i am thinking is that, maybe the price is affected by the decreasing number of traders and investors.
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