Mallar (OP)
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August 21, 2018, 03:55:46 PM |
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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??
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Zemomtum
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CitizenFinance.io
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August 21, 2018, 04:00:46 PM |
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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??
There's a recent country that banned Bitcoin, that's why it leads to a huge fall of price, and some companies who's investing in Bitcoin sold their Bitcoin, when the price fall became huge than they expect, investors started to panic sell, that's why the price keeps on falling, I guess some investors sell their Bitcoin also when they had a chance. |
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cetald
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August 21, 2018, 04:38:13 PM |
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In fact, now the bitcoin price does not fall, but keeps within the psychological level of $6000. The price depends on the mood of the market. The mood of the market depends on bad and good news.
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farukahmed
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August 21, 2018, 04:44:42 PM |
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It will be going BTC 20k but it will be depend on market place crypto holders. I have some buy BTC for hold in next few months and few years but when BTC 20k then i will sell this coin. BTC is the mother coin of crypto market. BTC is the best crypto market in this time because market will be fall then you can buy some BTC then you can get a good profit from this coin after few months. So you should need to accept this offer. I hope you will be able to success in this project. I am try to do this offer and some buy BTC for next few months hold this coin. I am sure i get a good profit from this coin. I will suggest him you can buy some BTC for hold this coin.
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mk4
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Paldo.io 🤖
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August 21, 2018, 04:51:24 PM |
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To put it simply: because more bitcoins are being sold than being bought. That's pretty much it. And also, take a look at the bitcoin charts on coinmarketcap[1] especially the January 2017 to today's timespan. After an increase that big, a price drop was to be very expected. Though the drop was far bigger than people anticipated.
[1] https://coinmarketcap.com/currencies/bitcoin/ |
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Putunembah
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August 21, 2018, 04:56:46 PM |
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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??
You do not need to be confused about the decline in the prices of other bitcoins and altcoins, and for example, if you are new to crypto now it is very good for you to be able to invest, if you want to be clear about crypto, you can do research before you invest, even if you have doubts , better you don't need to enter into crypto. |
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1NV3ST0NM3
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August 21, 2018, 05:01:42 PM |
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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??
You must be new to the crypto field, but I hope you're aware that every kind of investment has got to fluctuate because of the common economic laws of demand and supply. So crypto is no exception at all. You got to be ready for all kinds of risks that accompany different kinds of investments available on the market platform these days. SO my dear friend instead of getting carried away by fake apprehensions, make your choices wisely! |
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Juggy777
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August 21, 2018, 05:12:40 PM |
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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??
Hi you should always compare prices on preev.com don't trust any random site. It seems you're taking baby steps into bitcoin universe, my advice would be to read a lot and read the threads here. Bitcoins prices are never stable, they fluctuate a lot, it's based on the economic principles of demand and supply, if supply exceeds demand then it'll crash, and vice versa. It's also sensitive to news, if a positive news come it rises, and a negative news takes it down. Remember buy on dips and hodl don't buy for short term, also make an electrum wallet and don't store coins on a exchange, do not share your key and seed with anyone. There's no way to trust it, you need to time it, and hodl it and remain calm, now prices are really affordable but average your buying. |
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CAPTEZECC
Newbie
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August 21, 2018, 05:22:20 PM |
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Welcome onboard my dear friend you came at the right time I should tell you the truth, that is the very experience I had when I came then I started learning and started buying as much as I can and I will encourage you to do the same and wait for the rise in price value of bitcoin
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yatsey87
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August 21, 2018, 05:25:24 PM |
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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??
Bitcoin isn't falling. One bitcoin is worth one bitcoin. For as long as bitcoin exists your one bitcoin will still be worth one bitcoin. It's just what people are paying for it in filthy fiat that changes and that is always going to go up and down due to supply and demand. Whether you want to take the risk and invest is up to you but nothing is guaranteed and you could lose some or all of your money so invest with caution. |
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lordmick
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August 21, 2018, 06:13:17 PM |
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Right now Bitcoin price is too unpredictable. IMHO downtrend will continue until Bitcoin price crash under 2K$. I think after SEC decision about ETF in the end of September it will hardly crash and we will see bottom of this downtrend only in the end of spring of the next year. According to my knowledges in technical analysis I think that this downtrend will last till the middle of the next year. Also I expect that recovery will start with very small volume of trading. The market will be in flat about 2-3 months in the second half of the next year.
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mamacitosi
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August 21, 2018, 07:02:45 PM |
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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??
I am new of this but as what i have observe downfall of bitcoin is not a problem for me its time to buy more bitcoin so that in the near future this will be for trade or subject for sell, just hold patiently and wait for the right time, because that is the nature of bitcoin unpredictable we need to trust with patient to enjoy the profit at a time. |
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Anamika143
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August 21, 2018, 07:05:02 PM |
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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??
Currently Bitcoin is an expensive coin in the online market. When Bitcoin was discovered, its price was only a few cents. But Bitcoin's price has slowly increased to 20000 dollars touched. Now its value has dropped to $ 6000. The price of all things in the market thus rise and down. It is normal that prices will increase and sometimes they will decrease. What is the value of something to control? Just like Bitcoin.Now maybe the Bitcoin market price is going down. But this is also the final fact that Bitcoin will increase its value soon. |
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Daniel91
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Merit: 1824
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August 21, 2018, 07:10:39 PM |
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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??
It seems to me that you don't have experience with market. Any market is the same, in some periods prices going up than ''big players'' create false rumors and negative news, small and inexperienced users start to panic and sell, prices drop a lot than big players buy a lot cheap shares, prices increase and new circle starts. It's simplified explanation, of course but I think you will understand. Any way, any market is risky job so I advice you not to invest money you can't afford to loose. |
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Nolimitz84
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August 21, 2018, 07:30:35 PM |
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It's bad when people bring novices to the forum and explain nothing. Study the material part. The community is not just for earnings.The bitcoin is getting expensive and it's cheap and it's ok. I'm not here to earn millions. I just believe that bitcoin will change the life of each person for the better, and I will do my best to make it so and it was
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koincik
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Activity: 868
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★Bitvest.io★ Play Plinko or Invest!
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August 21, 2018, 07:33:50 PM |
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The price of bitcoin can find many reasons to fall. What we expect is positive news for the upside.
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brijeshmota
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August 21, 2018, 07:35:52 PM |
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I am not expert but we can't say anything perfectly about marketbecause its all depend on buyer and seller so be patient and Hold some good coins.
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Podda (SL)
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August 21, 2018, 07:36:33 PM |
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Actually, The bitcoin price not good at this moment. The whole crypto market is a bearish market. Mainly, The BTC price at very lower price than 2017. December in 2017, BTC price raised to 20000$. But unfortunately, it's price dropping rapidly. Now it's price very low. Some people are scared of btc, I saw some people are said, BTC will end of this year, No, that's wrong, BTC will never end. It has a very bright future. So be patient. Bitcoin will moon soonly.
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koincik
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★Bitvest.io★ Play Plinko or Invest!
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August 21, 2018, 07:38:02 PM |
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I am not expert but we can't say anything perfectly about marketbecause its all depend on buyer and seller so be patient and Hold some good coins.
Are you really the only buyer and seller that determines the price? I think there is a lot of manipulation. |
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bajigur894784
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August 21, 2018, 08:13:32 PM |
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First, you must know, the price of bitcoin is determined by supply and demand. When a lot of bitcoin is available on the market, the price of bitcoin will go down because the offer is not balanced by demand. And especially at this time, as has been said above that there are countries that announce a bitcoin ban, and that affects bitcoin holders to sell the bitcoin they hold because they panic when they find out the news.
Then, does this make trust in bitcoin disappear and we can't trust it because bitcoin will become worthless with there bitcoin ban in some countries? Of course not! Because basically a new breakthrough is always made controversial and Opposed by many parties before the benefits and usefulness are known by the public. in this case, the internet is a perfect example to describe it.
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