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Author Topic: Reason for bitcoin Price Drop?  (Read 375 times)
newinbtc
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August 21, 2018, 01:37:04 AM
 #101

What is the reason for the falling value of Bitcoin?  I have already lost some money by holding on to it. Please advise me!

The reason for falling bitcoin price is People sell their coins at stage when red market seen , some People want to save their existing funds .
Think when price was 20k$ And price going down to 16K$ A person sold all milion $ At that  time save their Fiat currency from drop. He lose all interset from crypto.

Results - It depend on Popularity , Media support on bitcoin , network fees , Various services of bitcoin And many other facts. Media will always speak negtive. One day media says its postive sure new investors will come with lots of investment
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August 21, 2018, 02:42:47 AM
 #102

The truth is there are no more new investors coming in and a lot of traders are just sucking all the money that is left in the coinmarketcap by doing daytrading. HODL is dead and they are just waiting for the lowest price of bitcoin to drop before they all start buying again.

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sajin48
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January 17, 2019, 01:16:53 PM
 #103

The sudden fall can be suspected as some kind of scam also. Experts say there are generally 7 types of bitcoin scams -
https://www.epixelmlmsoftware.com/blogs/7-bitcoin-scams-to-be-aware-of

It is better to have a clear vision about the sudden crypto/bitcoin fall. Go through this analysis:
https://www.epixelmlmsoftware.com/blogs/why-is-cryptocurrency-market-price-crashing-down
superstarbtc
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January 20, 2019, 08:43:15 AM
 #104

The main reason for the bitcoin price drop is Etf approvals and bitcoin sv hard fork and mining uncertainty all these reason lead to bitcoin bear market

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tisoysoy
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January 20, 2019, 03:21:47 PM
 #105

I think the culprit to put on blame by dropping the market of bitcoin are those big whales and I believed they also perhaps might could help the market to recover it soon. Since the market its till low and if you have still have fatih on bitcoin why dont you invest more on it, to cover up all your losses from the past when it will going to rise again to its market value.

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