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Author Topic: Why bitcoin still dropping?  (Read 452 times)
Mariela (OP)
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April 08, 2018, 11:04:54 AM
 #1

Hello good day!
I'm still confused about the value of bitcoin now.
Why still dropping rapidly?
Do you have any idea what is the main reason?
And what to-do? to unraveled this propositions.

Your opinions is highly appreciated .
According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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April 08, 2018, 11:09:53 AM
 #2

Topic: why all coins are dropping? https://bitcointalk.org/index.php?topic=2770715.0
Topic: Bitcoin value is getting worst https://bitcointalk.org/index.php?topic=3235392.0
Topic: 2018 Cryptocurrency Crash (Elliott Wave) https://bitcointalk.org/index.php?topic=2711461.0

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April 08, 2018, 11:10:29 AM
 #3

Hello good day!
I'm still confused about the value of bitcoin now.
Why still dropping rapidly?
Do you have any idea what is the main reason?
And what to-do? to unraveled this propositions.

Your opinions is highly appreciated .

Well bitcoin has already stopped dropping and is standing now at 7k$. But we still dont know if it will go down knowing that bitcoin etf was already approved in the United States of America  by the SEC. Thus, possibly a spike will be starting this week and if not bitcoin will go down again to 6500$. But I guess the bad news about bitcoin that caused the falling value recently had no longer an impact on bitcoin holders thus it is a rising trend this week possibly.
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April 08, 2018, 11:21:18 AM
 #4

Hello good day!
I'm still confused about the value of bitcoin now.
Why still dropping rapidly?
Do you have any idea what is the main reason?
And what to-do? to unraveled this propositions.

Your opinions is highly appreciated .
Currently Indian government some regulation is created in the country. But Many peoples are wrongly understand the situation so this drop is continue in the market. This will recover soon we must hold our investment it make big profit in future. Today market is little green I think many big whales are buying the Bitcoin. The current market is unpredictable so we don't judge the future possibilities.

 
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April 08, 2018, 11:37:20 AM
 #5

Hello good day!
I'm still confused about the value of bitcoin now.
Why still dropping rapidly?
Do you have any idea what is the main reason?
And what to-do? to unraveled this propositions.

Your opinions is highly appreciated .

There is nothing you can about the bitcoin prices as we have little control over it. The only thing that you can do is to hold it a little longer and wait for it to regain value
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April 08, 2018, 11:40:22 AM
 #6

Hello good day!
I'm still confused about the value of bitcoin now.
Why still dropping rapidly?
Do you have any idea what is the main reason?
And what to-do? to unraveled this propositions.

Your opinions is highly appreciated .

bitcoin is in competition with countless altcoins now, soon the us dollar evaluation becomes insignificant

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April 08, 2018, 11:41:52 AM
 #7

Bitcoin is still dropping because there is still way too much supply of bitcoins in the market and there isn't enough demand and people aren't buying up the coins fast enough from the market to balance out the amount of supply that is pouring into the market. The fact that a lot of people are panic selling now that the price is down is not helping either as they are just contributing to the drop in price.

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April 08, 2018, 11:43:37 AM
 #8

Bitcoin is still dropping because there is still way too much supply of bitcoins in the market and there isn't enough demand and people aren't buying up the coins fast enough from the market to balance out the amount of supply that is pouring into the market. The fact that a lot of people are panic selling now that the price is down is not helping either as they are just contributing to the drop in price.

are you blind?

fighting witgh 2000 other cryptocurrencies for attention, the environment has changed.

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April 08, 2018, 11:44:17 AM
 #9

Hello good day!
I'm still confused about the value of bitcoin now.
Why still dropping rapidly?
Do you have any idea what is the main reason?
And what to-do? to unraveled this propositions.

Your opinions is highly appreciated .

There is nothing you can about the bitcoin prices as we have little control over it. The only thing that you can do is to hold it a little longer and wait for it to regain value
Yes, no one has comtrol about it, it was depend on the demand of it in the market. Keep holding bitcoin and trust on it that it will increase again. Maybe there is something that they are fixing on it. Aside from that bitcoin was now competing to other altcoins. But I still believe that bitcoin can overcome it.



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April 08, 2018, 11:44:27 AM
 #10

Why still dropping rapidly?

It isn't.

https://www.tradingview.com/x/W7IxdMYs


It bottomed out on the 6th February and has been consolidating since then. That's a not a prediction as to what will happen next but it is wrong to say that it is still dropping rapidly.

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April 08, 2018, 11:51:47 AM
 #11

Hello good day!
I'm still confused about the value of bitcoin now.
Why still dropping rapidly?
Do you have any idea what is the main reason?
And what to-do? to unraveled this propositions.

Your opinions is highly appreciated .
Currently Indian government some regulation is created in the country. But Many peoples are wrongly understand the situation so this drop is continue in the market. This will recover soon we must hold our investment it make big profit in future. Today market is little green I think many big whales are buying the Bitcoin. The current market is unpredictable so we don't judge the future possibilities.
There are hell lot of reasons to cause the drop in the price of the bitcoin, and trust me this is not the only reason!! There are many events happening around us and these are making the bitcoin price fall deplorably. And also the price right now is stiff, its neither dropping nor rising!! I also think its the right time to invest your bucks in the bitcoin because price rise era is soon going to come and surely everyone will make good profits.
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April 08, 2018, 12:10:54 PM
 #12

It is still dropping and will drop more too because regulations started, so this is an uncertainty and risk for investors so they are dumping their coins, also technically it needed a correction for sure.

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April 08, 2018, 02:44:29 PM
 #13

Hello good day!
I'm still confused about the value of bitcoin now.
Why still dropping rapidly?
Do you have any idea what is the main reason?
And what to-do? to unraveled this propositions.

Your opinions is highly appreciated .

currently the price of bitcoin still always drop and collapse seems to be because a lot of bad news that makes the price of all cryptocurrency down not just bitcoin alone but all of them move stable and tend to go down.
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April 08, 2018, 04:29:21 PM
 #14

Now bitcoin for technological reasons is not able to serve as a payment protocol a large number of users. Whether he will cope with this task in a worthy manner in the future, for the majority remains a matter. Another problem is related to the status of bitcoin in the legislation and how this will affect its use.

Today some countries create "crypto-currency oases", while others, on the other hand, place bitcoins outlawed. So, for example, in the world there are two largest economies - the US and China. And both went to tight regulation of the crypto-currency market. Whereas Belarus or Gibraltar, on the contrary, are building a legal field that is comfortable for the development of the crypto industry.

In addition, today the crypto-currency market, despite the hype around it, still remains technologically incomprehensible to the mass user. Large investment players come to him. In the future, according to many forecasts, this market will become as ungovernable and inaccessible to the ordinary mass investor, as well as the traditional investment sector.

Today, in conditions of uncertainty, a lot of "old" coin holders, as well as start-ups that the ICO recently conducted, are trying to fix their funds, exchanging bitcoins for fiat currencies.
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April 08, 2018, 04:35:51 PM
 #15

because a lot of negative news is so panic that many investors who sell their bitcoin make the volume of bitcoin in the market increases which causes bitcoin prices to drop
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April 08, 2018, 04:36:19 PM
 #16

According to Technical analysis now we see simple correction. It is natural rule for any type of markets. I think that now the price can drop under 5K$. And recovery will start in the second half of this year.
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April 08, 2018, 04:37:04 PM
 #17

The main reason for Bitcoin's dropping in the last week was the payment of taxes by the main crypto exchanges, which must be completed by April 15. In this regard, large amounts of crypto-currency are deduced into US dollars, which causes bitcoin to fall.

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April 09, 2018, 04:19:49 PM
 #18

Hello good day!
I'm still confused about the value of bitcoin now.
Why still dropping rapidly?
Do you have any idea what is the main reason?
And what to-do? to unraveled this propositions.

Your opinions is highly appreciated .

bitcoin is in competition with countless altcoins now, soon the us dollar evaluation becomes insignificant
Well yes bitcoin is competing dollar and USD bitcoin is at the top of all currency, nothing us at the front of bitcoin, we know in future now currency will come across bitcoin, bitcoin price never remain same for long time as it use to increase and decrease but we will have to manage our life with bitcoin, no need to panic try to buy more, selling bitcoin at dropping price is the false decision, hold your bitcoin never panic it. Sure you will get profit at the end.
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April 09, 2018, 05:25:29 PM
 #19

Hello good day!
I'm still confused about the value of bitcoin now.
Why still dropping rapidly?
Do you have any idea what is the main reason?
And what to-do? to unraveled this propositions.

Your opinions is highly appreciated .
I hope it is the decision of it's committee's. Because when it's prize is low people are is highly interested to invest it. So I think committee proposely down it's prize.
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April 09, 2018, 11:34:02 PM
 #20

Hello good day!
I'm still confused about the value of bitcoin now.
Why still dropping rapidly?
Do you have any idea what is the main reason?
And what to-do? to unraveled this propositions.

Your opinions is highly appreciated .
I hope it is the decision of it's committee's. Because when it's prize is low people are is highly interested to invest it. So I think committee proposely down it's prize.

Well, I think that bitcoin's price had dropped is due to whale investors manipulation, FUD and negative media news. Despite of the drop in the current days, bitc had never dropped below $6k which is not that bad enough and maybe it could be an adjusting period for bitcoin. This will recover few weeks from now and be back at $7.5K  where it was before.
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