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coinbirds
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October 25, 2018, 11:42:38 PM |
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BTC is stable around $6.4k and I do not think the price will fall below $6k again.
We never knows where the bottom exactly is, but we should be near to that point.
ETF decision is important one for BTC credibility.
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"Governments are good at cutting off the heads of a centrally
controlled
networks like Napster, but pure P2P networks like Gnutella and Tor seem
to be holding their own." -- Satoshi
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Harriti
Sr. Member
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Activity: 756
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HEX: Longer pays better
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October 25, 2018, 11:44:55 PM |
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BTC is stable around $6.4k and I do not think the price will fall below $6k again.
We never knows where the bottom exactly is, but we should be near to that point.
ETF decision is important one for BTC credibility.
The possibility of large BTC rates settles to $ 6,400 in 2018 and can only be expected to rise to $ 20,000 in 2019. No one can accurately predict the exchange rate of the cryptocurrency market as well as the exchange rate of the BTC; the best way is holding and patiently wait. |
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vigmar
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October 26, 2018, 01:35:05 PM |
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It is a usual situation in the cryptocurrency market when Whales dump their coins. It is necessary to wait a little bit when lots of people lose confidence, then, perhaps, we will see new growth.
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Pr0st0Pr0be1
Copper Member
Jr. Member
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Activity: 392
Merit: 3
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October 27, 2018, 09:54:38 PM |
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The sharp growth, which was caused by manipulative news and inexplicable hype around the cryptocurrency, caused its disproportionate growth, which is why the market needed to recover.
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jayc89
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October 27, 2018, 11:59:25 PM |
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I think that the main factor in the fall of bitcoin is its aggressive growth, but I do not think that it has burst. In 2019 there will be an uptrend and no need to worry about it !
The main factor is getting the money for investing because the coins can increase with high speed. |
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Pricebrianer
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Activity: 364
Merit: 3
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October 28, 2018, 12:19:01 AM |
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The whale are waiting BTC to reach a peak bearish before they enter the market perhaps after the market the BTC will sky rocket
That goin to be a long time from today. But the market has been stable over some weeks now. Also, CryptoCurrency is getting more attention lately. Most firms trying to use the Features of Blockchain and adapting it into their platform. This helps to cost down price. |
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cahbagus555
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Activity: 756
Merit: 12
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October 28, 2018, 12:21:42 AM |
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I think the reason why bitcoin price falling in past few months because people panic with negative news. Panic selling bring bitcoin price drop more than 60% and i think its effecting to altcoin.
Beside that, many people think bitcoin price drop because whales selling a lot coin to realize their profits
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chocopapaya
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October 28, 2018, 12:23:40 AM |
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For the longest time, people have been asking the question, "Why is btc falling?"
This is an insane question.
The better question is, "Why wouldn't it fall?"
By being surprised that btc is falling and confused, it shows that you think btc has some kind of magical value that will keep on increasing.
You can't make money from nothing, and crypto is basically all speculation with just a handful of legitimate projects.
If you start asking the right questions, you can start to better predict price fluctuations.
Now, everyone wants another bull run, but is it justified?
has there even been any reason to value btc higher (besides just "I want more moneeeeeey!)
Is there anything that would bring the price up?
With that in mind, you can better understand why we have had such a prolonged bear market.
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einfach
Newbie
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Activity: 14
Merit: 0
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October 28, 2018, 12:27:34 AM |
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What are the reason behind falling Bitcoin and do you think it will be down more!
I still believed that some whales were manipulating the volatility of cryptocurrencies especially ethereum and bitcoin. But it may end veery soon because bull run might happen in this last quarter of the year 2018 |
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akungagal
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Activity: 700
Merit: 11
send and receive money instantly, with no hidden c
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October 28, 2018, 01:14:21 AM |
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It is a usual situation in the cryptocurrency market when Whales dump their coins. It is necessary to wait a little bit when lots of people lose confidence, then, perhaps, we will see new growth.
yeah, indeed this kind of situation is common and it will repeat the following year. if we are impatient and believe we will lose more of our money. i think they will wait for that. i'm sure this frustrating situation will end, the market will recover. |
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kolitski
Member
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Activity: 518
Merit: 10
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October 28, 2018, 01:41:31 AM |
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The reason why behind this falling of bitcoin is that there are holders of bitcoin was selling so much quantity of bitcoin in the market and the recovery of this it takes more time to recover or if there is investors are gonna buy the bitcoin it will back the price high.
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Arlibtchunt2018
Jr. Member
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Activity: 280
Merit: 1
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October 28, 2018, 01:53:47 AM |
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For me bitcoin is falling due to the increase number of coins in the market. This is why the number of asset supply has been divided and some has withdrawn their asset in crypto since they have already benefited from it.
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rricksu
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Activity: 182
Merit: 2
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October 28, 2018, 02:03:20 AM |
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What are the reason behind falling Bitcoin and do you think it will be down more!
Maybe, that is because of the falling number of people or the investors in particular, who supports the growth and development of bitcoin. In this case, bitcoin is not utilized as the other is affected. As a result, their respective price or market value decreases also. |
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NewBet
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November 01, 2018, 07:26:31 PM |
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The reason is that there is reduced volume of bitcoin that is in demand and supply is way too much so that means that the price of the coin is going to keep falling for however long it takes for there to be an increase in the demand for bitcoin. There is way too much money that has left the market and if we want the prices to get back to what they were before then we have to wait for better demand
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xPASTELx
Jr. Member
Offline
Activity: 191
Merit: 3
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November 06, 2018, 04:44:11 PM |
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What are the reason behind falling Bitcoin and do you think it will be down more!
The reason behind the coin falling is people selling off their coins and not buying enough coins to make sure that there is a balance. Now there is a high supply of the coins in the market and there is not enough demand of the coins to actually make sure that the coins are maintaining their value so the price of the coins are falling. When the demand goes up then the price of the coin will go up |
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Zdraste16
Member
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Activity: 442
Merit: 11
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November 19, 2018, 03:58:14 PM |
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What are the reason behind falling Bitcoin and do you think it will be down more!
To date, it is not possible to accurately determine the cause of the fall in prices of BTC, and other crypto coins. In fact, lower prices as well as their growth, this is a component of the cryptocurrency sphere. After the fall in prices, which we have seen over the past months, you need to wait for prices to rise, and not panic. |
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cryptogeek101
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November 19, 2018, 04:17:10 PM |
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What are the reason behind falling Bitcoin and do you think it will be down more!
I think one of the greatest reasons of bitcoin falling this period is the bitcoin cash fork that brought about two different tokens,the ripple effects of that fork is the cause of this fall,however there might a resurgent of the crypto market to very soon |
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Nikolas_the_Wonderworker
Jr. Member
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Activity: 238
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November 20, 2018, 05:20:04 PM |
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The reason for the fall of bitcoin is that bitcoin holders sold so many bitcoins on the market that the market collapsed. To recover the market takes more time and money. It is necessary to make huge and frequent investments.
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indika
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November 20, 2018, 05:21:50 PM |
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What are the reason behind falling Bitcoin and do you think it will be down more!
i sow some news some guys said bit coin can drop up to 1500$ but im not believe it.but btc can drop up to 3000$ |
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trade2winnn
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November 20, 2018, 05:23:42 PM |
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Everything is simple, friends sat for more than 3 hours connected with each other, analyzed the situation,I will say positive news just a bunch of mountain and more, and this is just the actions of SPECULATORS, so they crack the market until they came a lot of money, try to cut down more until there is an opportunity, that's the fall
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