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What is the Main Reason behind this Bitcoin Fall?
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Topic: What is the Main Reason behind this Bitcoin Fall? (Read 611 times)
krauzzer02
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Re: What is the Main Reason behind this Bitcoin Fall?
June 11, 2018, 02:17:23 PM
#21
A lot of opinions are disseminating over the Internet about the decrease, South Korean Exchanges hacking incident that loses $40M but the volume is pretty low to affect the overall price so I doubt this would be the main reason, other people are saying because of the subpoena of the CFTC issued over the four major exchanges investigation over the price manipulation, whales are getting out of the market due to the investigation, whatever the real impactful reason just HODL.
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Re: What is the Main Reason behind this Bitcoin Fall?
June 11, 2018, 02:20:09 PM
#22
I also do not think that the regulation from the side of the government brings negative effect on the price, Oppositely it means the development of the global situation around crypto in the world and that is positive side. The truly reason should be hacking of Korean exchanger. Take the case as opportunity to buy some coins, be positive
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Re: What is the Main Reason behind this Bitcoin Fall?
June 11, 2018, 02:30:55 PM
#23
I read about many concerns about ico and weak protection to investor compare with traditional securities maybe make the value of bitcoin decreased , negatif issue have significant influence againts the fluctuation of bitcoin price.
dominional
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Re: What is the Main Reason behind this Bitcoin Fall?
June 11, 2018, 03:16:54 PM
#24
the main reason behind bitcoin is government policy and the bitcoin followers because if Government is castingating bitcoin then the followers should support the interest in the public
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Re: What is the Main Reason behind this Bitcoin Fall?
June 12, 2018, 11:11:39 AM
#25
Quote from: kickdapa on June 11, 2018, 08:25:28 AM
I Never thought that I Have to see bitcoin is under 7K USD again in This year.
the price is decide for the supply and demand and if there is no one to buy bitcoin then the price will fall and if there is a lot of pressure from the governments pressing people and these people are afraid to buy bitcoin, then the price will fall.
Quote from: kickdapa on June 11, 2018, 08:25:28 AM
And now Repeat Bitcoin is under 7K USD!
as I said: supply and demand
Quote from: kickdapa on June 11, 2018, 08:25:28 AM
My friends are laughing at me, who sold their bitcoin when it was 14K USD! That time I told them you guys are doing wrong, Hold your bitcoin, Bitcoin Price will rise again. And now I am regretting really
well, there are already many people disappointed with bitcoin and this is due to the fact that many analysts forecast very high prices and create high expectations in people, and when these expactativas are not fulfilled, people are disappointed
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sadsNDJ
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Re: What is the Main Reason behind this Bitcoin Fall?
June 12, 2018, 11:19:50 AM
#26
For me there might be some series of events which is eventually taking bitcoin down. Such as the hacking and and the regulations, this is very known to us that scammer is just only waiting for a timing. In this way there are lots of investors got scared and left bitcoin. Another reason also is that some of the people still don't know how to analyze on how to maintain to earn a money,some investor was just put their money to get higher return faster So when statements related to Bitcoin Bubble came out and all these events began to happen, people thought that the bubble might be real. This made them pulling out their money from the market. It is called following the trend and is a most important factor that sometimes lead to disastrous falls like this one.
But don’t worry, in the eight year old history, Bitcoin has always bounced back.
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luigi3
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Re: What is the Main Reason behind this Bitcoin Fall?
June 12, 2018, 11:22:56 AM
#27
There are so many reason why bitcoin price was falling like the investors,they sell their token or they are panicking to sell it because they feel that the price of it will dump,and also the news about it either good or bad it will affect the price of bitcoin.
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Crypto11021
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Re: What is the Main Reason behind this Bitcoin Fall?
June 12, 2018, 11:26:52 AM
#28
The fall of Bitcoin is frustrating to me, I made a very big mistake I should have sold mine when btc was around $12000 but was tipped by a friend to hodl that it will soon cross $25000 and here I find myself I don't know what to do again I guess I will continue to hodl until it bounces back.
Kisahazumaki87
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Re: What is the Main Reason behind this Bitcoin Fall?
June 12, 2018, 11:52:21 AM
#29
the fall of bitcoin resulting from several factors that there alasanya because price bitcoin now down drastic and we have to be patient and resigned in business
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Re: What is the Main Reason behind this Bitcoin Fall?
June 12, 2018, 12:10:12 PM
#30
i think because of panic sellers bitcoin is falling.and also according to my view whales and banks try to manipulate bitcoin price.whales just trying to increase their share of bitcoin by manipulating the market.Newbies will become victims of whales and sell their bitcoins to them for low price.in other hand banks try to bring bad news against bitcoin and try to drop bitcoin down.may be they try to destroy bitcoin market for their survival.
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nicktalman93
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Re: What is the Main Reason behind this Bitcoin Fall?
June 12, 2018, 12:12:54 PM
#31
Quote from: Proton2233 on June 11, 2018, 10:57:54 AM
Quote from: batang_bitcoin on June 11, 2018, 10:48:16 AM
Quote from: kickdapa on June 11, 2018, 08:25:28 AM
But what is the actual reason behind this vast fall?
It can be this incident.
Coinrail Exchange Hacked, Loses Possibly $40 Million in Cryptos
Quote from: kickdapa on June 11, 2018, 08:25:28 AM
My friends are laughing at me, who sold their bitcoin when it was 14K USD! That time I told them you guys are doing wrong, Hold your bitcoin, Bitcoin Price will rise again. And now I am regretting really
What you feeling isn't different to most of the holders here.
Let them laugh for now if they have sold at $14,000 and if they are thinking that they are in profit now. Just don't think about them, focus on your holding.
It seems to me that the hacking of the exchanger can not affect the price of bitcoin. The news that somewhere hacked the exchange will not make me sell coins at a low price. It's stupid. I do not see a large increase in trading volume on the exchanges. The demand has nothing to do with the current decline in prices. This is speculation.
lack of interest lack of demand may be.... or the institutional investors postponed the party
sheenshane
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Re: What is the Main Reason behind this Bitcoin Fall?
June 12, 2018, 12:37:29 PM
#32
Quote from: kickdapa on June 11, 2018, 08:25:28 AM
I Never thought that I Have to see bitcoin is under 7K USD again in This year. Because we already did this about a couple of months ago! And now Repeat Bitcoin is under 7K USD! And the market trend says that Bitcoin can go under 6K USD too. But what is the actual reason behind this vast fall? I haven't seen any robust lousy news or anything like that, Then why bitcoin is continuously decreasing? My friends are laughing at me, who sold their bitcoin when it was 14K USD! That time I told them you guys are doing wrong, Hold your bitcoin, Bitcoin Price will rise again. And now I am regretting really
Oh man, there is no permanent here in crypto everything has a change, maybe we are not lucky we are now having a downtrend of bitcoin.
The unpredictable price of bitcoin and we all both not know what will happen even next month, so much better we are prepared than you don't have any bitcoin when it is raising back again. Patience is needed here in crypto or if you urgent need money just accept your loss when you sell it, as long as you can hold just hold it until in the month of December were is expecting that bitcoin will be going to the moon.
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Re: What is the Main Reason behind this Bitcoin Fall?
June 12, 2018, 01:07:26 PM
#33
It is difficult to predict the main determinants of rising or falling prices or bitcoin exchange rates. Legality factor must be one of them. For example, it was not long before the Chinese government did not accept Bitcoin legality in September 2017, Bitcoin exchange rate fell from US $ 4,600 to US $ 3,200. Another factor that also determines the rise or fall of the Bitcoin price is the misuse of Bitcoin for criminal purposes.
rye18
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Re: What is the Main Reason behind this Bitcoin Fall?
June 12, 2018, 01:15:25 PM
#34
There are so many reason of the falling of bitcoin and one i think is the speculation regarding the negativity of bitcoin which is now influence many people not to invest in bitcoin so that the market will fall and people will get panic.
mmo_online_1981
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Re: What is the Main Reason behind this Bitcoin Fall?
June 12, 2018, 01:21:02 PM
#35
There are many long-term investors who are selling their Bitcoins to other currencies. For another, Bitcoin has risen to $ 1,400 and dropped to $ 220 by 2014 and again by the end of 2017. I trust the market will recover!
yakafi
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Re: What is the Main Reason behind this Bitcoin Fall?
June 12, 2018, 01:29:10 PM
#36
Quote from: kickdapa on June 11, 2018, 08:25:28 AM
I Never thought that I Have to see bitcoin is under 7K USD again in This year. Because we already did this about a couple of months ago! And now Repeat Bitcoin is under 7K USD! And the market trend says that Bitcoin can go under 6K USD too. But what is the actual reason behind this vast fall? I haven't seen any robust lousy news or anything like that, Then why bitcoin is continuously decreasing? My friends are laughing at me, who sold their bitcoin when it was 14K USD! That time I told them you guys are doing wrong, Hold your bitcoin, Bitcoin Price will rise again. And now I am regretting really
I think the main reason for the bitcoin price depreciation is that the Government is trying to regulate the digital currency and also some whales have used their power to lower prices so they can accumulate enough before prices will rise. but i believe that bitcoin will increase again soon.
kateycoin
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Re: What is the Main Reason behind this Bitcoin Fall?
June 12, 2018, 01:48:09 PM
#37
Quote from: kickdapa on June 11, 2018, 08:25:28 AM
I Never thought that I Have to see bitcoin is under 7K USD again in This year. Because we already did this about a couple of months ago! And now Repeat Bitcoin is under 7K USD! And the market trend says that Bitcoin can go under 6K USD too. But what is the actual reason behind this vast fall? I haven't seen any robust lousy news or anything like that, Then why bitcoin is continuously decreasing? My friends are laughing at me, who sold their bitcoin when it was 14K USD! That time I told them you guys are doing wrong, Hold your bitcoin, Bitcoin Price will rise again. And now I am regretting really
Don't regret because it's not the end of bitcoin. Maybe can t understand what happen in bitcoin because no news that it may cause of decreasing of bitcoin. Maybe bitcoin is preparing for a huge increase this year that's this past few months we see the bitcoin is decreasing. And I think there's some reason why bitcoin dropping but we can't see it.
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Gotumoot
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Re: What is the Main Reason behind this Bitcoin Fall?
June 12, 2018, 01:49:16 PM
#38
Quote from: Crypto11021 on June 12, 2018, 11:26:52 AM
The fall of Bitcoin is frustrating to me, I made a very big mistake I should have sold mine when btc was around $12000 but was tipped by a friend to hodl that it will soon cross $25000 and here I find myself I don't know what to do again I guess I will continue to hodl until it bounces back.
Just hold your bitcoin and dont give up, we were just in the middle of the year, there are more things to come on bitcoin. This crisis also happened in the past, but see, bitcoin survives and goes boom at the end of the year. Dont lose hope on bitcoin, bitcoin is volatile, its normal on bitcoin to decrease, it will soon increase too, just trust the process and wait patiently.
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Re: What is the Main Reason behind this Bitcoin Fall?
June 12, 2018, 01:59:34 PM
#39
Quote from: mmo_online_1981 on June 12, 2018, 01:21:02 PM
There are many long-term investors who are selling their Bitcoins to other currencies. For another, Bitcoin has risen to $ 1,400 and dropped to $ 220 by 2014 and again by the end of 2017. I trust the market will recover!
Things will get better for us if we wait patiently for the increase of bitcoin. I think that the main reason why bitcoin price falling is because it is volatile, and its normal. All investments are going ups and downs, but if you have patiently waiting for its time, you'll succeed. I suggest that hold our bitcoin until the price increase, for us to earn bigger profit. Just trust the process.
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Re: What is the Main Reason behind this Bitcoin Fall?
June 12, 2018, 02:07:07 PM
#40
Big decline of Bitcoin nowadays must be because there are parties who manipulate the price, it is not possible the price fell too deep in a short time, if there is no particular party who commits a crime. I hate this, hopefully Price can be recovered as soon as possible.
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