Bitcoin Forum
June 14, 2024, 06:51:55 PM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 [5]  All
  Print  
Author Topic: Crypto falls to lowest price since February – Why is BTC falling?  (Read 669 times)
coolcoinz
Legendary
*
Offline Offline

Activity: 2660
Merit: 1122



View Profile
September 15, 2018, 04:13:06 PM
 #81

I think whales manipulate the market, so the market falls down.

+ whales push people to sell on panic. Well, it's quite possible we're now somewhere near the bottom. At least if btc won't go outside the uptrend that it's in now.

It can't be the same whales all the time. They had to sell so much to push Bitcoin from 20000 to 5000 that most of them are out already. The market needs to stay in balance if whales were to push down the whole time they'd run out of money soon and this is happening as we speak. Whale manipulators sold out and there's no more bear steam to get us lower. When those whales see it they will start buying back.

MADUWAN
Newbie
*
Offline Offline

Activity: 54
Merit: 0


View Profile
September 15, 2018, 04:19:28 PM
 #82

In the digital currency market bitcoin price seems to fail and that is due to media, governments and other financial reasons that we have today and among them government restrictions and media news are main reasons why bitcoin cannot grow as it want in the world to its full potentials and those two are the main reasons why its price is not increasing like we anticipated after its drop because governments use media to promote bad information to stop bitcoin from using it in the future and that has become a major reason for bitcoin to fail
SWASIRI
Newbie
*
Offline Offline

Activity: 45
Merit: 0


View Profile
September 17, 2018, 04:23:14 AM
 #83

Nothing to concern much about BTC current price drop because its prices mainly fluctuated due to the public view and because it is decentralized and no one has the authority to control its price which is unlike the central government controlling a fiat currency in necessary situations by taking essential decisions but for bitcoin there is no authority to take such actions and public view and confidence is a major factor for bitcoin price to change for good or bad and in last time that didn't happen in favor for bitcoin but it is changing for better and developing to its ultimate goal
Pages: « 1 2 3 4 [5]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!