Reason behind falling Bitcoin?

[kortwyss]

He has long ago collapsed. And he fell from a height of 20,000 dollars. But I do not think we need to get upset about this. The cryptocurrency remains as volatile as it was, which is a great way to earn money. Bitcoin will walk in the range of 7000 to 8000. Under certain circumstances, it can rise to 10,000.

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[alfimanis]

i think it is because a lot of people are selling their coins

[ZirconiumX]

What are the reason behind falling Bitcoin and do you think it will be down more!

reason is clean - someone is selling their big amounts of crypto,like EOS team, check yesterday sales at Betfinex, many ETH and EOS was sold for usd and such things usually do EOS team and such actions are reason of market dump

[Barbarian]

I think some of the reasons why bitcoin is falling is because of Regulations, taxes, end of anonymity, investigations, and some people are cashing out more because of the fall but I believe it will recover soon and rise high again.

The price began to go down before that happened, what it really happened was very simple we were in the middle of a bubble and it was impossible to maintain a price so high then the market slowed down a little and everyone began cashing out and this created panic in many investors.

[GmBoom]

I think it was also the part that the coinrail exchange has been hacked and stolen lot of bitcoins and other coins and altcoins. I think it is also the reason for this bearish market as of now. The hackers I think is selling all the bitcoins that cause bitcoin price to fall down hard. When the bitcoin price falls then so also as the other coins and altcoins.

[cavaBcoin]

What are the reason behind falling Bitcoin and do you think it will be down more!

There are no exact reason why bitcoin price are fallen, maybe the fake news or the people who trying to manipulate the market. We have nothing to do in this dropped, only have to do wait for the recovery. For me it's a normal, because I know the price of bitcoin are volatility and soon it will rising again.

no doubt about the reputation of bitcoin in these circumstances will be back again to climb and normal even more than ever, just need patience and no panic.

Indeed, no one knows exactly about the causes that make bitcoin have a fall. Till now, almost all people think that it’s just because bad news. However, I think that there are so many different factors that taking impact to this falling. We all know that bitcoin is highly volatile, thus this it’s pretty normal when bitcoin goes down. Hence, we are better off keeping our head and staying away panic because when we are in fear, there will have many wrong decisions that make us feel regretful.

[crydevil_crypto]

I buy bitcoin when the market is bloody. I buy bitcoin when I'm scared. I like this strategy

[3kpk3]

What are the reason behind falling Bitcoin and do you think it will be down more!

There are no exact reason why bitcoin price are fallen, maybe the fake news or the people who trying to manipulate the market. We have nothing to do in this dropped, only have to do wait for the recovery. For me it's a normal, because I know the price of bitcoin are volatility and soon it will rising again.

no doubt about the reputation of bitcoin in these circumstances will be back again to climb and normal even more than ever, just need patience and no panic.

Indeed, no one knows exactly about the causes that make bitcoin have a fall. Till now, almost all people think that it’s just because bad news. However, I think that there are so many different factors that taking impact to this falling. We all know that bitcoin is highly volatile, thus this it’s pretty normal when bitcoin goes down. Hence, we are better off keeping our head and staying away panic because when we are in fear, there will have many wrong decisions that make us feel regretful.

Fear is one of the main reasons responsible for these sell-offs which simply leads to more fear, FUD, negativity etc which is something common in this sensitive cryptocurrency market. This is the risk associated with this extremely volatile crypto market which scares off many potential investors, but the volatility will decrease with time which will surely attract more and more investors helping the market grow in the long term.

[putrisa]

it seems the reason why bitcoin prices collapsed because there was bad news that attacked the condition of bitcoin price peace, and also I once read mtgox also participate and make bitcoin prices to collapse because they sell bitcoin it has.

[rellor]

In my opinion, the main cause of the bitcoin collapse is the increase in political control over it. Economically leading countries underestimated bitcoin, but now South Korea, China and European countries have seriously taken control of it. Lack of freedom and increased risks do not allow the market to grow.

[Polo joey]

Probably because many are selling rather than buying so prices fall. that's just my guess because I personally do not know the exact cause of the bitcoin fall.

[ATSgrowth]

Fear, Uncertainty, Doubt. Nothing else!
We need to be strong, big whales want to buy Bitcoin for the lowest possible price.

[RaiNain]

What are the reason behind falling Bitcoin and do you think it will be down more!

 It looks like last year's abnormal increase, and we just felt the effect this year. The possibility is always there, but I think the potential increase is greater for now.

[terlesbogli]

Basically some beginners in investing bitcoin dump their BTC due of panic selling and lack of knowledge about holding bitcoin, some might reason are lots of  bitcoin fake news that has spread in the internet that cause a bad image for bitcoin.

[hoami55]

Many rich guys and organisations want to get in to this market. Nasdaq plans to open their own crypto exchange. When you start such kind of business you need to buy a lot of crypto. To spend less money / buy more crypto they need the lowest BTC price. It's only my opinion, but I guess it's pretty real to be truth.

[Endank]

What are the reason behind falling Bitcoin and do you think it will be down more!

The theory says to be wary if the increase happens too fast. Perhaps the correction occurred along with the attitude of many social media that no longer support crypto this year. So it may not be strange if market capitalization is eroded. But for some people this is an opportunity, and I am sure there is still much hope in the future.

[Alenas2018]

I think in addition to the price risk from the fluctuating exchange rate, there is currently a very heated debate about the bitcoin 'software' with competing proposals on how to scale bitcoin in order to facilitate more transactions (BitcoinXT, BIP10x). Without going too much into detail, the discussion questions some of the core principles of bitcoin. In the end, you need to be comfortable with your investments and the risk that you're taking. The fact that you're asking the question in the first place might imply that you're not

[waynechong1995]

Buying pressures had since lacked since the previous 20k peak, it was astonishing with almost 80% of US yongsters had invested into, the gold rush period is real until some owners with LOTS of supply had been doing bulk selling, millions and millions until the pressure went off, the market cap is shrinking and nobody was as much interest into cryptocurrency when negative news and charts are everywhere, this is a especially costly correction when it goes too fast, its still 100% more comparing to 2017 jan

[Masha Me1]

My opinion is information is not entirely accurate, Bitcoin can not fall completely, it has, however, like many payment systems, a temporary crisis, but it always stably comes out of it, and in most cases with a double profit

[headache1327]

Also some bad news have been coming out recently that have been causing panic sell off. For those that still believe strongly in cryptocurrency, we hold like a boss and wait for the bull season to take profit.