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Author Topic: about bitcoin price???  (Read 128 times)
Alex3231
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August 21, 2018, 08:47:47 PM
 #21

Bitcoin is very low in the current market which we all know Some of the main reasons for this are Bitcoin bans in several countries, Hacking news several times in 2018, many people are not able to see patience because of the low speed of Bitcoin. Because of these Bitcoin is very low in the current market.
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August 21, 2018, 08:55:37 PM
 #22

Bitcoin is very low in the current market which we all know Some of the main reasons for this are Bitcoin bans in several countries, Hacking news several times in 2018, many people are not able to see patience because of the low speed of Bitcoin. Because of these Bitcoin is very low in the current market.

I agree there are many market manipulations that unfortunately determines the price of Bitcoin as well as the overall supply and demand but the main issue is the regulation side of things.


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Fenixsfeather
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August 21, 2018, 09:00:51 PM
 #23

I was worry about it too, but found a post, where legendary explain thr situation.
When the price of a commodity drop with no reason, you should know that it is being manipulated. The reasons for this is quite simple, because a lot of people know this is a fake crash and they are going to make millions, when other people start to panic and start selling their coins at these low prices...
Here's the link: https://bitcointalk.org/index.php?topic=4892272.msg44048569#msg44048569

dear53
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August 21, 2018, 09:09:18 PM
 #24

The Bitcoin Prize is something to talk about, actually being a matter of embarrassing. Despite having a lot of knowledge, it is not very easy to tell about Bitcoin for any person. Their opinion of different types of opinions are related to Bitcoin bot it is tragic, however, that very few people word at work. Actually, I would say it just like mine. At present, the Indian situation is very bad, but I think that in the end of 2018 there will be a huge change in the price of Bitcoin. Bitcoin can give a lot of prices and everyone will be benefited from it at the ind of 2018. My opinion is Bitcoin  will be more than 20k+. I'm not saying that it will be may be more than that. So everyone has to be patient and wait for the Bitcoin price to increase..... Smiley Smiley Smiley Smiley Smiley













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August 21, 2018, 09:24:34 PM
 #25

Welcome to the crypto world, my friend. This is still the wild west and things here are very unpredictable. It's not for the faint-hearted. I suggest you start by learning how the technology works and not focus on the money part. If you do that you will get discouraged very quickly. If I am to say something about the price, nobody knows where it's headed and why, it's up to you to decide if this is what you want to do or not, but one thing is certain, blockchain technology is the next revolution and the sooner you get involved the better your chances of being successful when it finally becomes mainstream.

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August 21, 2018, 09:33:16 PM
 #26

I am new to this field , this field about crypto currency and bitcoin my friend introduced it to me
Now I got an confusion that , why the price of bitcoin keeps falling why so ??
If it is so then how to trust it??

Yes, you certainly have to realize that in every price there will definitely be increases and decreases like other stocks, falling prices there are some of the first determinants of the media that spread positive and negative news and people don't believe in the market, therefore those who panic and afraid of selling their portfolios, of course, the increase and decrease in Bitcoin is determined entirely by supply and demand, so I will tell you not to panic like anyone else out there, because that would hurt yourself.
fidelium1
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August 21, 2018, 09:39:06 PM
 #27

No one single reason can be said to be solely responsible for the fall of bitcoin prices, there are so many reasons, amongst which is the fact that some big investors pulled out their money for some reasons, another reason is the fact that some government policies have not been fair to the bitcoin community which led to panic selling.
Cryptotissue
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August 21, 2018, 09:46:02 PM
 #28

The price of bitcoin is determined by the number of people buying and selling at a particular time. The price at a particular time is what people are buying and selling their bitcoin for at that time. This works on the principle of demand and supply...
xWolfx
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August 21, 2018, 09:52:22 PM
 #29

It happened because of multiple reasons.

First, some banks banned to use of credit cards if you want to buy Cryptocurrency, people can't use it for that anymore if they are from the following banks:

- U.K. lender Lloyds Banking Group
- J.P. Morgan Chase
- Bank of America
- Citigroup

Second, some countries this year especially China and India are thinking about banning Crypto from their countries or do any other weird thing against Bitcoin or Cryptocurrency.

And third, a lot of capital was taken off the market within a day. We're talking about $60billion, which of course contributes to what is happening.

If you are new to Bitcoin. Here you can find a "Bitcoin Crash Course" one video a day for one week to explain the basics of Bitcoin:
https://99bitcoins.com
suzanogbomo
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August 21, 2018, 09:53:55 PM
 #30

The market is cyclical, sometimes it goes up, sometimes it goes down, depending on the demand and supply
MalcolmBee
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August 21, 2018, 10:02:08 PM
 #31

 Bitcoin is currently sitting in votality in the market, though it is hard to predict how investors will react to the recent events.

Megazord
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August 21, 2018, 10:05:10 PM
 #32

if you carefully analyze the graphs, you can conclude that the jump in bitcoin growth will be after September
rodskee
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August 21, 2018, 10:05:57 PM
 #33

I am new to this field , this field about crypto currency and bitcoin my friend introduced it to me
Now I got an confusion that , why the price of bitcoin keeps falling why so ??
If it is so then how to trust it??


Do not worry bitcoin coming back again their strong and expensive value
There's many reason why bitcoin falling down their price continually drop in the market
The three major reason cause of bitcoin dropping in the market in my own understanding are follow
1. Government banned
2. Whales maniiptlation
3. Fake news
But all of this is only a temporary it's normal for the cryptocurrency

asayoyaasa
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August 21, 2018, 10:08:51 PM
 #34

Hm actually we don't know what makes like this, we just predict, speculate about why it can happen right now. If anyone say that it just correction and will going up to $20k its fine, many argument there you will hear about the price.
Yeah, its market, everything can possible here. So prepare yourself for up coming moment.

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