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Author Topic: What is the reason of this sudden decline in BTC price?  (Read 295 times)
rnssol
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August 16, 2018, 06:55:25 AM
 #1

Every passing month we hope that the cryptocurrency will go towards stability but our moral goes down whenever the prices plummet suddenly.

Is the price ever gonna get stable? Are there any ways we could make it stable without centralizing the system?
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August 16, 2018, 07:07:19 AM
 #2

We don't need to make it stable, I think any tradeoff against decentralization is totally loss. Bitcoin basically valuable through decentralization.

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August 16, 2018, 07:09:29 AM
 #3

If I said that I am getting closer to the bull market now, would you believe it? It is not necessary to make a fuss about the market crash, and there is no news at this time. This is just the release of the bubble. You don't have to worry about the growth of cryptocurrency in the world. You need to be patient.
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August 16, 2018, 11:07:28 AM
 #4

I guess you are very right. Patience is the key. But how much? That is the question.
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August 16, 2018, 11:30:28 AM
 #5

It grew too much too quickly, technology and adoption didn't run up with the price. I know this sounds like a broken record but remember dot com bubble. Which it doenst mean that top cryptos won't rise again, some will stay down other will lead the way. Don't underestimate people will to earn quick buck Smiley
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August 16, 2018, 12:22:32 PM
 #6

We don't need to make it stable, I think any tradeoff against decentralization is totally loss. Bitcoin basically valuable through decentralization.
What they are understanding lately is bitcoin is down than last year. But they did not think it was going through so many difficulties to get a place in the market. Every market and field, there are also difficulties to overcome. It takes time to stabilize and balance.

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August 16, 2018, 12:28:15 PM
 #7

I believe as a newcomer in the crypto community, people tend to ask why was the market like this? why btc had plummet that very low level? I would say that it is pretty normal to ask since all would like to know why and my comment on this is that newcomers should start to make some sort of research about bitcoin and it's market to have an awareness as to how bitcoin really works in the crypto market. Basically, due to volatility, btc can result to fluctuations anytime of the day and same thing goes when it will change the course back to an up trend anytime of the day also. Therefore, if there are fluctuations  which result to down trend, all should have to be patient and wait for the market to recover again.

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August 16, 2018, 01:09:58 PM
Last edit: August 16, 2018, 01:44:00 PM by el kaka22
 #8

[siz e=15pt]Every passing month we hope that the cryptocurrency will go towards stability but our moral goes down whenever the prices plummet suddenly.

Is the price ever gonna get stable? Are there any ways we could make it stable without centralizing the system?
Usually when you look at the price of bitcoin you need to take a look at why its not going up. It is not going up because it has no reason to go up, bitcoin is what it is and for weeks we have not heard any good news or a big news that would affect the price.

It has been going down because people are not buying and the volume is going down. When people are not interested and not buying than the price goes down in spiral. Hence, you need to have constant "buyers" of bitcoin. Otherwise people who accept bitcoin as payment for their work will cash out, people who mine will sell to pay costs etc, so there is a stream of sellers, we need matching buyers.

Other than treasury of mtgox and India like countries regulation against bitcoin exchanges, FUDs from people and some economists are the prime reasons which caused the prices dragged down so sharply. In this community itself there are people who might have invested into some altcoins, who constantly start topics against the rise of bitcoin prices to make people sell down. Reasons could in 1000s but I hope bitcoin will have new ATH in coming months, let's watch and enjoy.


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August 16, 2018, 01:24:34 PM
 #9

Every passing month we hope that the cryptocurrency will go towards stability but our moral goes down whenever the prices plummet suddenly.

Speak for yourself! Wink


Best case we'll see an echo of the recent bullrun soon and have a scenario like the two bubbles of 2013.

Worst case we're at the verge of a new crypto winter such as the one from 2014 - 2016 and crypto will live to see another day eventually.

Worst worst case crypto is dead for good and we should all get away from our screens and out for some fresh air.


I personally don't see crypto dying any time soon, so I'll just have a nice cold pint and wait for all of this to blow over.

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August 16, 2018, 01:57:50 PM
 #10

Perhaps the market for crypto currency will stabilize slightly and will be able to establish its own rules of the game.
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August 16, 2018, 02:00:41 PM
 #11

Can we stop messing with threads like this?

I don't count on how many threads that are created for this topic. I guess you know on how crypto market has been very unstable since its beginning years.

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August 16, 2018, 02:22:44 PM
 #12

To be frank, saying crypto currencies will be stable at some point is completely wrong statement.

In reality crypto currencies can never be stable because they are not made in that way or they have the nature which is opposite to an asset which we see as far more stable. First of all they are decentralised and thats why they are not able become stable. They are not regulated for their use, no limits on transfers, buying and selling and almost all the processes which are regulated for traditional asset which makes them more stable.

Now why crypto is going down? I believe that can be answered with above statement itself. :-)


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October 22, 2018, 02:37:38 AM
 #13

In my opinion, maybe it happened because it has decentralized market. The market is volatile, we cannot expect its stability so let us just go with flow. It is just how far your patience is to engage the market of cryto.

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October 22, 2018, 11:24:27 AM
 #14

The price may not go up for a long time, so I think that now is the time of market stagnation and you need to temporarily not worry about prices and concentrate on accumulating and buying more coins, because the market will go up, but it is not clear how soon this will happen. Centralization will only kill cryptocurrencies and will not be able to make them stable; for the example of Ripple, we see that centralization does not make it more stable than decentralized cryptocurrencies. Decentralization is the soul of cryptocurrencies and without it they will die.

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October 22, 2018, 11:34:41 AM
 #15

Every passing month we hope that the cryptocurrency will go towards stability but our moral goes down whenever the prices plummet suddenly.

Is the price ever gonna get stable? Are there any ways we could make it stable without centralizing the system?
We do not have the ability to control the market. And this is life, all the hard things will come and pacify you until you are tired and want to let go of everything. Do not give up, try to analyze and evaluate the performance of the market, you will find your own investment strategy without expecting a stable market. Wink

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October 24, 2018, 06:13:22 PM
 #16

Every passing month we hope that the cryptocurrency will go towards stability but our moral goes down whenever the prices plummet suddenly.

Is the price ever gonna get stable? Are there any ways we could make it stable without centralizing the system?
We do not have the ability to control the market. And this is life, all the hard things will come and pacify you until you are tired and want to let go of everything. Do not give up, try to analyze and evaluate the performance of the market, you will find your own investment strategy without expecting a stable market. Wink
Nothing can control the power of bitcoin, as we know it will increase in price and this process has been done since long, rise and fall of price is quite natural, when more people use to invest so price gets high automatically, when more people sell so the price decline, we should try to invest more according to me price falls it happening because of high panic selling.

 
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Ryanbruc
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November 01, 2018, 10:46:40 AM
 #17

In my opinion, maybe it happened because it has decentralized market. The market is volatile, we cannot expect its stability so let us just go with flow. It is just how far your patience is to engage the market of cryto.
Yeah I agree with you. Cryptocurrency prices are not stable and will not be stable at one point. The reason of this fluctuation is demand and supply and investment capital. When investment capital increases price will also increases and when investment capital decreases prices will also decreases. Some people enter and some exit, that’s the reason that crypto prices are not stable.
Assface16678
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November 01, 2018, 10:54:09 AM
 #18

If I said that I am getting closer to the bull market now, would you believe it? It is not necessary to make a fuss about the market crash, and there is no news at this time. This is just the release of the bubble. You don't have to worry about the growth of cryptocurrency in the world. You need to be patient.

I definitely agree with this. Patience is what everyone needs. In which, they need to wait for the right time for the bull to come just wait and see. Bitcoin will surely do some pump at the right time. Just wait and everything will come at the right place. Amd this will surely happens.

Angi
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November 01, 2018, 11:06:44 AM
 #19

I think the bitcoin prices are falling down because of the news that people spreading all over social media or any kind of negativity cycle thru it and go to the people want to know bitcoin and turn into discouragement so that's why bitcoin prices are not yet rising but we can do something like searching good news and also spreading the positivity of bitcoin and how it can help us to improve more using bitcoin or other digital money that invented.

avarnet
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November 01, 2018, 11:36:30 AM
 #20

Can we stop messing with threads like this?

I don't count on how many threads that are created for this topic. I guess you know on how crypto market has been very unstable since its beginning years.
and if I think at the beginning of the year why the price of bitcoin has experienced a decline because it was caused by the many people who sell bitcoin because yesterday the price of bitcoin again soared because

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