hemu210387 (OP)
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July 14, 2018, 06:40:11 AM |
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Bitcoin prices are constantly decreasing.Its price has increased slightly a few days ago, but now it has decreased again.So, the bitcoin will be completely destroyed? If the predictions of different researchers will be wrong then..
What is the reason for lowering the price of Bitcoin?
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ParveZ219
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July 14, 2018, 07:11:28 AM |
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Bitcoin prices are constantly decreasing.Its price has increased slightly a few days ago, but now it has decreased again.
The Bitcoin prices are not going down due to a single event. It is to be understood that there is a series of events which is eventually taking Bitcoin down. We can see the trend that began with Bitcoin was followed by other altcoins (every cryptocurrency other than bitcoin is an altcoin). On many of the exchanges, bitcoin was the only payment mode through which people can buy certain altcoins. Some of the altcoins that surged in the last one month are Ethereum, Bitcoin Cash, IOTA, TRON, Ripple etc. Many of them were bought by paying Bitcoin. All the Bitcoin exchanges of India were raided by Income Tax Department in India, seeing a steep increase in the number of investors in Bitcoin and other Cryptocurrencies. As the reports were there that Bitcoin might be heavily taxed in India (20–30%) and as the Bitcoin is yet to get a legal status in India, people started drawing back their money. |
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First77
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July 14, 2018, 07:15:12 AM |
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What is the reason for lowering the price of Bitcoin?
There are more sellers at $7,000 but who will buy 1 Bitcoin for $7,000 ?? Some 4,000,000 Bitcoins could be sold which were purchased before 2011 or 2012. |
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spazie
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July 14, 2018, 07:21:27 AM |
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I do not think bitcoin will crumble, the ups and downs of bitcoin prices are common, but I believe the bitcoin will be better and the price will bounce high again.
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LFC_Bitcoin
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July 14, 2018, 07:56:09 AM |
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Bitcoin prices are constantly decreasing.Its price has increased slightly a few days ago, but now it has decreased again.So, the bitcoin will be completely destroyed? If the predictions of different researchers will be wrong then..
What is the reason for lowering the price of Bitcoin?
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sunsilk
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July 14, 2018, 08:03:19 AM |
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The heck mate, you are thinking that bitcoin will be blown off just because of the price decrease? if you are totally new to the market this ain't gonna happen and this is not the proper way of understanding market corrections.
There's a big tendency that those predictions are wrong and its up to you if you'll believe them or not but if you are putting your hope in it, don't be disappointed when they don't.
Whether there's a reason or none of the lowering price of bitcoin, it is just simple because of making it healthier. Everything that goes up, must be down and vice versa.
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brightology
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July 14, 2018, 08:33:46 AM |
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That is true, for passed four months now, the market has been serious depreciate in price and still keep fluctuating down to a lower limit of bitcoin, which affects other alt-coin in the market price, as the king of Crypto currency is down, i still believe soon market we get more stronger than before.
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YuginKadoya
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July 14, 2018, 08:35:23 AM |
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What is the reason for lowering the price of Bitcoin?
There are more sellers at $7,000 but who will buy 1 Bitcoin for $7,000 ?? Some 4,000,000 Bitcoins could be sold which were purchased before 2011 or 2012. It is pretty obvious that people with so much resources can actually buy a lot of bitcoin even though the price is at $7000 USD or even if the price is at its peak, And this people are the whales, I really think that they can manage to pull a manipulation with the value of bitcoin or other cryptocurrencies, And for OP I really think you don't trust bitcoin and your doubting it can be destroyed that easily, You don't see the big picture on what bitcoin can really do, Just look on the previous movement of bitcoin it done something like this before and it just pull up many investors instead, you can sure see from its movement it doesn't really budge that much and staying put with its steady price so just wait for another bull run. |
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mai2mai
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July 14, 2018, 08:39:09 AM |
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Bitcoin prices are constantly decreasing.Its price has increased slightly a few days ago, but now it has decreased again.So, the bitcoin will be completely destroyed? If the predictions of different researchers will be wrong then..
What is the reason for lowering the price of Bitcoin?
No one can tell you the 100% reason for this...but if you understand the market you can see that it's a correction...how long can it be? god knows) Be patient, or sell everything - it's only your decision |
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Herlina
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July 14, 2018, 09:41:48 AM |
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What is the reason for lowering the price of Bitcoin?
There are more sellers at $7,000 but who will buy 1 Bitcoin for $7,000 ?? Some 4,000,000 Bitcoins could be sold which were purchased before 2011 or 2012. We don't know in detail about who will buy Bitcoin if the price goes back to $ 7000, but you can see the previous fact that Bitcoin market had already experienced or received many buy orders from investors, traders, and users at $ 7,000 $ 10,000 even up to $ 20,000 for 1 BTC |
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Odonko
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July 14, 2018, 09:47:48 AM |
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Well you are right that the price has decreased again but have you forgotten that bitcoin as a crptocurrency is susceptible to fluctuations at any point in time? But don't worry the market will rise again okay so have some faith and invest whiles market is low so that you can earn your profit.
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Red-Apple
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July 14, 2018, 09:50:33 AM |
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Bitcoin prices are constantly decreasing.
nest time instead of making a topic look at the charts. price has been nearly stable for the past month with little changes as small as 5% So, the bitcoin will be completely destroyed?
how did you come to that conclusion? just because you bought bitcoin at a higher price and lose money or because you sold at a lower price and missed the opportunity to buy back? If the predictions of different researchers will be wrong then..
what researchers? we only have idiots who make bullshit online and other type of idiots hyping things up. |
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btc_angela
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July 14, 2018, 09:50:38 AM |
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Bitcoin prices are constantly decreasing.Its price has increased slightly a few days ago, but now it has decreased again.So, the bitcoin will be completely destroyed? If the predictions of different researchers will be wrong then..
What is the reason for lowering the price of Bitcoin?
I guess you are define what a newbie is, almost nervous and panic when the price of bitcoin is going down. I advise you to really not be emotional because we have been in this roller coaster ride in this year so don't panic. There are a lot of reasons, but I'm sure that bitcoin will not simply die, this is just another bump that we need to overcome. Just go around the community and familiarise yourself so that you will not think of the price that often. |
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First77
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July 14, 2018, 10:03:58 AM |
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We don't know in detail about who will buy Bitcoin if the price goes back to $ 7000, but you can see the previous fact that Bitcoin market had already experienced or received many buy orders from investors, traders, and users at $ 7,000 $ 10,000 even up to $ 20,000 for 1 BTC
For large volume of transactions for Bitcoins worldwide, bitcoin has to to go back to $600 or $2,000. |
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kastara
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July 14, 2018, 10:34:09 AM |
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It is very difficult to predict that bitcoin is destroyed because the proof of bitcoin is still the benchmark of some other coin, so it is very difficult if the bitcoin will actually be destroyed and if that happens what about the other coin that is branched with bitcoin.
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Bugcoin5
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July 14, 2018, 10:55:44 AM |
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Bitcoin prices are constantly decreasing.Its price has increased slightly a few days ago, but now it has decreased again.So, the bitcoin will be completely destroyed? If the predictions of different researchers will be wrong then..
What is the reason for lowering the price of Bitcoin?
I think The price of bitcoin is still falling due to Internal issues within the bitcoin developing community which has previously resulted in hardforks, which is due to lack of governance and also Increasing hacks on bitcoin exchanges which can lead to fear in the community. |
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Kuga_ZA
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July 14, 2018, 10:59:08 AM |
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If you complain about the price, then don't invest. If you want secure interest, go deposit your fiat at your bank. Bitcoin and altcoin trading is not for the faint hearted, and the market is volatile. Once you accept this, then trading becomes easier. Only be prepared to invest in what you can afford to lose. All think to yourself, "If I buy BTC now, and tomorrow it plunges to $0, will I be happy?" If the answer is no, then don't take the trade.
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mojo2208
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July 14, 2018, 11:04:04 AM |
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Биткoин cкopee мoжнo нaзвaть нeпoлнoцeннoй вaлютoй. Ho oпять жe тaки в дaнный мoмeнт peaлизyeтcя oчeнь мнoгo пpoeктoв кoтopыe peaлизyют вoзмoжнocть oплaты биткoинoм мнoжecтвa oпepaций. Этo oчeнь кpyтo кaк пo мнe
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boboyboi
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July 14, 2018, 11:07:52 AM |
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whatever may happen,we must not blame it to anyone and as for my own understanding everything that goes here is still part of the flow of the market and I agree that big thing started from a little one we're not on the dark,we're still on the light as long as you will keep your faith,nothing will goes to the dark and this will never happen we must learn how to embrace trials and struggles and only through this that we can appreciate more what is meant by success and it will happen soon in bitcoin.
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