the reason why bitcoin falls

[akihiro101117]

Why is bitcoin falling? the long-term bitcoin holders would be selling their bitcoin for fear of an attack with quantum computing that could happen within a few years, for this reason they would be anticipating to get their profits before it keeps falling further? .. the fact is that bitcoin will not return to the price levels of December 2017

Many people are worrying about the falling price of bitcoin, but I think it is normal to have ups and downs in the market. I believe that it's falling because some investors was afraid to hold their bitcoin, maybe they are selling some investments.

[Queen12]

I think it's because of the imbalance between supply and demand，Because there are many ICO projects, these ICO projects will make people sell BTC, because people have insufficient funds.

[AllDayTrader]

First off, there's something that most traders don't understand. There are private groups/individuals that are able to purchase large amounts of Bitcoin off the books. These Bitcoin never reach a ledger (ie. exchanges, etc), and due to this such purchases don't affect the market initially. However, the whole point of these larger traders purchasing such large amount of coins (think tens of thousands if not hundreds of thousands of BTC at a time) is to obviously make profit off them. In doing so, it allows them to essentially manipulate the markets. Of course, its not possible to manipulate it enough to cause an immediate crash or incline, but there are enough coins being sold out there in such a manner to where the investors are able to use the purchased BTC to their advantage by shorting and what have you. From what I'm seeing through my research, this is happening at an unprecedented rate at the moment which is reflected in the falling price of BTC. Essentially, the rich are getting richer and as a result the rest of us are taking the fall for it.

Its the ultimate pump/dump IMO, and until the amount of unregulated coins are decreased from being purchased among these large traders, BTC will continue to fall like we're seeing. If you don't believe me, there is PROOF of such actions going on even despite the fact that you cannot see their actions on markets. All you have to do is watch the transactions on the blockchain for a day (especially a day like today where BTC is falling), and you'll see exactly what I'm talking about. What this means for us smaller traders is that we need to be smart and try to ride the waves of these whales if possible. I've been trying myself, but its very difficult as they're always one step ahead of the pack given that they are the ones controlling the direction of the waves. There are still ways to make money off BTC even in a falling market, but to do so you have to be very smart about how you invest and know when to buy and when to sell. This is obviously something I'm still trying to figure out myself. Anyhow, I figured I'd at least throw this out there since I don't think most people know about this and it is very important to have in your knowledge box if you're involved with bitcoin. This is the downside to a decentralized currency, is that there always WILL be unregulated purchases/sales, hence the reason why cryptocurrency is so volatile compared to regulated fiat currency. This is also why governments are so scared of cryptocurrency. Hopefully, you learned something from my post and good luck to everyone here.

[batang_bitcoin]

I dont know whats reason now behind its falling.

Bitcoin wont reach again its price level (ATH). How can you be sure of that?

We dont even know when the bull start and you already assessed that it wont be back to $19k-$20k?

[jefrystar]

It's not like the price won't rise before December. Anything can happen. The price may have full recovery within December and at the end of the year it may rise quite high like last year. I'm optimistic about this.

[tailor.and]

I think some manipulators are manipulating the price controlling the demand. However, the price fall may also caused by different FUD and negative rumors. I hope this is a temporary thing. The price will increased within December.

[Market-desi]

probably because of the Idul Fitri and school holidays. but if there is not another I also do not know.

[cryptopranto]

  Quantam computer attack in a few year??? I think it's not gonna happen. And the fact you said long term investors selling their btc.. That's also nkt true. Only weak hands and noobs are selling at low orice. and the whales are only buyjng it rather than selling them. Because everyone knows Bitcoin will rise soon.

[AllDayTrader]

As a matter of fact, my point that I made above is being proven right now as I write this. Market is back up to $6180 currently, and if you look on the blockchain you'll see some massive transactions that have taken place.

[vickybitcoin]

The supply and demand are largely influenced by the price of today's bitcoins

You are right, also we cannot deny the fact that other reasons of the fall of the price are the antagonist of cryptocurrency who are always spreading fear and negativities about it in the mainstream media. There are just so many gulliable people who easily persuade by what they hear so as a result many are selling instead of holding.

[grabpopcorn536]

The fact that I see most recently is that Bitcoin will recover very slowly. May drop below 4k. There are many reasons: the government does not accept.
  FB, TW Are banned Bitcoin ads, Goole also follows. etc.

[Arnold110]

As we know the crypto market is very much volatile so the ups and downs of the bitcoin is a very normal incident. Generally the fall for bitcoin is caused for the unpredictable big and small investments of the ameture investors.

[Cryptocb]

Bitcoin has been working perfectly early this year and one a sudden bitcoin price drop to beyond expectations, that effect other alt-coins in the market, therefore the most reason why bitcoin is falling is the supply rates is higher than demand.

[conanrien]

The basic of falling price of anything is the imbalance of demand and supply. In recent time, supply is sufficient comparing to demand. As a result, price is falling. Whenever, demand becomes higher than the supply, its price will rise high so fastly.

[krishnaverma]

There are many theories revolving around this :

1) A recent hack on a big exchange. I do not agree with it as the volume traded was small there.

2) Indian exchanges panicking due to RBI ban date coming near. The date is coming near but volume traded there also is very small.

If we see trends in past years, this part of year has been like this only.

[Marlo Stanfield]

Why is bitcoin falling? the long-term bitcoin holders would be selling their bitcoin for fear of an attack with quantum computing that could happen within a few years, for this reason they would be anticipating to get their profits before it keeps falling further? .. the fact is that bitcoin will not return to the price levels of December 2017

What makes you think that quantum computing is anywhere near a point where it can make an attack on the ECDSA part of Bitcoin? Even if that is the case people should have enough time to know in advance so that the developers can prepare alternatives to incorporate that are more resistant to quantum attacks.

[sureshnsnet]

I think there are a few reasons first the Indian top crypto exchange going to stop the trading with Indian rupees like deposits and withdrawal soon as per RIB notice, but still have time to know until 5th of July but indian investors are panic and selling their btc and one thing ico are going with scam projects.

[awawo]

Panic has been a very bad thing in the bitcoin market, what most time effect the Price is due to low demands in the market, once the demands become low it will have direct negative effect on the Price so at that good news and social media promotions will go a long way to bring to the notice of the general public the good rule bitcoin plays in they financial life.

[Dmitry.sit]

Bitcoin falls because investors so want.  They want to invest more money for a low price, and then sell for a more expensive coin.

[samvel86]

It seems to me that this is a normal course for such a large currency, now the bitcoin rests and no one can definitely say whether it will return to its highest price. In my opinion, he will return, but before that all those who are not sure will sell their savings.