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Author Topic: Possible reason why Bitcoin price is decreasing for last few days  (Read 249 times)
CODE200
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June 11, 2018, 02:29:03 PM
 #21

Yes there is no major negative news but sometime community mouth marketing also leave bad impact.Another main reason a group of whale massively withdraw or inject the investment market fluctuate and no one can predict the next step of whale.Overall we need to hold with patience and be patient because its part of market sooner or later market will be green.
That's right,  sometimes mouth marketing can really leave or gives a bad impact but this is actually depends in the set of mind of the people. We as a people has a ability and capabilities to decide whatever we wanted to believe or not even there are a lot of news sorrounding to us. However, in this field downfall is typically normal thing and it making sense that it can be our best opportunity to buy some more bitcoin so it can be much benefited to us in the near future.


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June 11, 2018, 02:35:30 PM
 #22

In my view i can only say that most of the country have started to regularise the crypto currency so they have stopped all exchanges to trade till new regulations are formed. That is why the users are worried what will be the regulation terms so they are selling on each fud. they are thinking that some thing is better then nothing so they started selling it.
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June 11, 2018, 02:38:00 PM
 #23

There is no major negative news and thus it is not because of it.

You my friend, need better sources of news as the South Korean exchange hack news is currently the biggest factor that is causing this backlash on Bitcoin prices from the past few days. It is going to be a hard recovery road with the past month not bringing in too much of growth, the situation looks pretty grim.


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June 11, 2018, 03:27:01 PM
 #24

The bitcoin price is decreasing  for the last few days it is because of the  Korean exchange has hacked badly so there is a sudden drop in bitcoin price  which has gone down below +7 k usd.Now the problem is in the recovery stage very shortly it will be recovered and normalized.Though the problem has effected to other coin but it is indirectly reflecting to bitcoin price as well. All alt coins movement  also reflecting to bitcoin price.
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June 12, 2018, 04:07:36 PM
 #25

Basically I don’t know why you are telling this because in June the price of btc increased also last month it was infected for price its true because of lack of investors in the market many of them withdraw their money based on the conditions of market so the price goes down.
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June 12, 2018, 09:23:41 PM
 #26

Basically in crypto market there are lots of coins are available but btc has the good positions in the market but nowadays most of the coins are infected for price also this will create more problems based on customers mainly the price of btc is falling but I think it will raise again soon.
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June 13, 2018, 03:37:38 AM
 #27

The scams are increasing day by day which is creating the price fall in the market. Besides, many negative FUDs are also responsible for this which results in decreasing of demands. Something should be done so that these issues can be solved.

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June 13, 2018, 03:46:51 AM
 #28

I don't what specifically making fall in the price of bitcoin. Probably, different bans and scams are mostly resposible. However, these are all temporary effects. The price is going to be rise up very soon.
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June 13, 2018, 04:17:36 AM
 #29

I think the possible reason why bitcoin is decreasing price, Because of those investor who panic selling there bitcoin, they fear of losing profit, and one think to be considered those whale's that can manipulate the price of bitcoin.
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June 13, 2018, 05:09:35 AM
 #30

Bitcoin price plunges after cryptocurrency exchange is hacked ... The world's best-known cryptocurrency lost $500 (£372) in an hour, dropping to $6k
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June 13, 2018, 05:51:49 AM
 #31

Currently many are doing Ponzi Scam on mining, which resulted in diminished interest of miners. this is very effect on bitcoin, if the decrease of miner enthusiast then bitcoin will decrease
that's why bitcoin prices are declining.

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June 13, 2018, 05:58:25 AM
 #32

the latest drop is because of pure manipulation in the market. it had nothing to do with mining, ASICs and cost of them at all. the evidence is also there for everyone to see. the charts never lie, if you look at them there was a sudden huge "offloading" on the market where some entity dumps a massive amount on the market to push the price down, it wasn't a nature downtrend this time.

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June 13, 2018, 05:59:14 AM
 #33

I think the possible reason why bitcoin is decreasing price, Because of those investor who panic selling there bitcoin, they fear of losing profit, and one think to be considered those whale's that can manipulate the price of bitcoin.
Well panic selling really contributes in decreasing of price. And a lot of reason's why bitcoin price decreased also lack of adoptions and good news. So I think this year their is good news to happen for bitcoin.

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June 13, 2018, 06:19:32 AM
 #34

yes it is possible, because until now there is no negative news about bitcoin but bitcoin prices fall again, and it makes all altcoin i hold mangalami decrease too, i hope bitcoin can be faster to climb back higher and more stable again.
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June 13, 2018, 06:29:05 AM
 #35

There's are many possible ways that bitcoin is dropping too low of its cost. but rest assured that sooner or later it will increase or it will cost larger amount than this past few days because not all the time and all of a sudden bitcoin will cost high.
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June 13, 2018, 06:32:50 AM
 #36

I think the possible reason why bitcoin is decreasing price, Because of those investor who panic selling there bitcoin, they fear of losing profit, and one think to be considered those whale's that can manipulate the price of bitcoin.
Well panic selling really contributes in decreasing of price. And a lot of reason's why bitcoin price decreased also lack of adoptions and good news. So I think this year their is good news to happen for bitcoin.

the bitcoin adoption is an ongoing thing, it is always happening without stop. so you can't say it is because of "lack of adoption".
lack of good news and panic sellers are valid reasons but they are not big enough reasons to be able to move the market like what we have been seeing in the past couple of months. they just  contribute to the downtrend, that's all. the real reason is the market manipulations that have been taking place from the start of this year when price started going up from $10k to $20k and continued getting worse as price correction was done and we reached a valid bottom back at $10k.

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June 13, 2018, 06:39:45 AM
 #37

Well there is many reason behind this like aside from the looming prospect of regulation, a series of high-profile thefts have also had a hand in the
sudden rapid dips in value bitcoin and its rivals have experienced.

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June 13, 2018, 06:42:26 AM
 #38

There's a facts that there are a lot of reasons why bitcoin price are decreasing and maybe because of the supply and demand. Well, in decreasing period, we have not something to do with that because we can't control the btc movement and all we can do for now are still supporting it and  if it's possible we do promote bitcoin to other people that we know in a way of encouraging them to try to have involvement to this so in that way we can help bitcoin to have a much more supporters and to have a chances that we can make increase in numbers of it's adaptations and demand.


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June 13, 2018, 06:46:21 AM
 #39

This was not a question and let me give the possible reason. There is no major negative news and thus it is not because of it. There are next gen of ASCIs which had made mining easier. These are being tested by some pools and cost of mining btc is reduced because of this. They can thus sell for less and thus prices have reduced.
As far as I know, a Korean exchange has stolen a lot of bitcoin and altcoin assets by hackers. since they posted this information online and many were scared to sell bitcoin at low prices to retreat from the market
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June 13, 2018, 07:08:02 AM
 #40

The real reason is the market manipulation that has been going on since the beginning of this year when prices start rising from $ 10k to $ 20k and continue to deteriorate when the price correction is done and we reach the valid bottom at $ 10k.

Although the problem has affected other coins but indirectly reflects the price of Bitcoin as well. All alt coin movements also reflect the Bitcoin price.

So now the problem is in a very short recovery phase it will be restored and normalized.
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