Osarman
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October 24, 2018, 07:01:21 AM |
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Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.
Many analysts and analyses are pointing towards good news and bad news or image of any product or about any product will directly affect value of that product. But I think that it is actually demand rate that may reduce or increase with bad or good news respectively but the most prominent statement is to mention demand rate. The current price shows stability and this came as a result of the gap that has reduced between up and down movement.
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sheenaedago
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October 24, 2018, 08:33:43 AM |
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Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.
All of these are indeed true and we called it bearish market in which when the people will panic and will lose interest to invest in Crypto currencies then it will make the real demand for Crypto currency investment to decrease. Hopefully the market will bounce back now so that the bullish market will take over making the people confidence of investing will come back again. I think by the lack of demand is one of the reason of falling price about bitcoin. Maybe because of a high market volatility and struggling the risky bearishness by this long months. Whereas affect many people, lost interest and trust on investing cryptocurrencies. Hopefully bitcoin could surpass and start to pump up soon.
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el kaka22
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October 24, 2018, 08:36:39 AM |
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Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.
All of these are indeed true and we called it bearish market in which when the people will panic and will lose interest to invest in Crypto currencies then it will make the real demand for Crypto currency investment to decrease. Hopefully the market will bounce back now so that the bullish market will take over making the people confidence of investing will come back again. Bearish is something that comes around after a bullish movement. It happens everywhere and even in more matured markets such as stock as we are having it presently with the downtrend, except that the level of volatility is incomparable to that of the crypto space. However, we also have to understand that crypto space is not even up to a decade and the truth remains that each and every day things are improving. We may not be where we want to be yet but we are not where we used to be. Volatility and corrections we see now are normal, and over time as the market gets more matured, things will get even a lot better, but notwithstanding, correction is not something that will leave the market.
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upsidedown75
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October 24, 2018, 09:39:15 AM |
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Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.
Yes, that is the main factor in the decline in Bitcoin prices. The tremendous panic experienced by Bitcoin users because there is a statement about banning the use of Bitcoin so that the price of Bitcoin decreases. This is unavoidable because the price of Bitcoin is strongly influenced by the demand factors in the market. The crazy thing to all these is that there will always be tremendous panic until people start seeing the real value in terms of usage in bitcoin and having their focus and mind set on that aspect. We all know how things have been in the past with a lot of speculation and hype going on, people getting greedy and then we all get some huge corrective phase. Sure, this is a young market and this should be expected, which I believe in the long term, things would probably change for the best. Reduction in value though is a normal thing in every market and it is usually termed correction and people get used to that fact that this is not just something that is basically applicable only to the crypto space alone.
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Tapyaks72
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October 24, 2018, 11:22:51 AM |
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Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.
Yes, that is the main factor in the decline in Bitcoin prices. The tremendous panic experienced by Bitcoin users because there is a statement about banning the use of Bitcoin so that the price of Bitcoin decreases. This is unavoidable because the price of Bitcoin is strongly influenced by the demand factors in the market. The crazy thing to all these is that there will always be tremendous panic until people start seeing the real value in terms of usage in bitcoin and having their focus and mind set on that aspect. We all know how things have been in the past with a lot of speculation and hype going on, people getting greedy and then we all get some huge corrective phase. Sure, this is a young market and this should be expected, which I believe in the long term, things would probably change for the best. Reduction in value though is a normal thing in every market and it is usually termed correction and people get used to that fact that this is not just something that is basically applicable only to the crypto space alone. Basically when there's something bad things happen, any stock market the are sudden price down because of panic selling or dumping, but as for now I see the price stabilize or in equilibrium, hopefully this is the starting point, to launch back because of some improvements to security and other matters.
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kryptqnick
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October 24, 2018, 05:37:15 PM |
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Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.
I think that the market was bound to go down with all that rapid growth of the past, but the fact that it's been almost a year is really disturbing. You are probably right that the reasons are not actually significant, it's mostly FUD and half-fake stuff or some ETF applications getting rejected and famous companies or people saying stuff. IMO it doesn't make sense, because justified price decreases come from revealed technical issues and perhaps some crypto (not ICO!) bans from major countries. The only thing that really surprised me and was good enough to make the price go down (though I am not sure it did) was news on 0.1btc being created out of nowhere due to some bug in the core. The bug was fixed, but it irreversibly changed my view of cryptos.
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basyang
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October 24, 2018, 07:06:04 PM |
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Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.
In my own opinion, the factors affect the cause of falling in price of bitcoin is selling, buying and investors. Selling if they continue to sell their coins it is the point that possible bitcoin price could be downfall especially if they were panic selling. Buyers some bitcoin users buy bitcoin if the price is in down they are just leveraging the price to have more bitcoin. Investor if we have more investors then it has a big chance to support our project and it will be success and popular.
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manfredmann
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October 24, 2018, 07:44:49 PM |
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we have also huge investors that controls the market. The BTC market price could not be able to go higher for the these investors would definitely make a way to pull down its market price. The cheaper the market price for crypto, the easier it would be controlled. If crypto market price is high huge investors could not move the market of that crypto for it needs another huge investment before they could do so.
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KorakPawon
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October 24, 2018, 09:21:13 PM |
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Well I think what have you proven indeed can be the factors, but it's also can be caused by trend in the society. People are tend to 'have the same thing' in their daily activities or the same thing to keep so, the demand increase while the price is low.
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Ridwan Fauzi
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October 24, 2018, 10:53:05 PM |
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Yep, the main factor are FUD and some other real information, but this is a natural thing in the cryptocurrency market. Until now the price of cryptocurrency is highly dependent on information, and some are indeed from developers who realize the concept of bitcoin projects. Bitcoin users will set prices to depend on information and even speculations made by others, so it does make the bitcoin price volatile.
This can make a person aware, investing is not as easy as others said. With fast price movements, it can make someone keep checking what is happening in the market so they will know all the latest information regarding cryptocurrecy so that every cryptocurrency investor will have good knowledge.
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BitHodler
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October 25, 2018, 12:33:19 AM |
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The only thing that really surprised me and was good enough to make the price go down (though I am not sure it did) was news on 0.1btc being created out of nowhere due to some bug in the core.
As far as I am aware of, the bug wasn't exploited at all on the main net. The bug later was stated to be more severe than developers initially thought it was, and for that reason it's actually pretty solid that the price didn't move. The most important thing this bug taught me is that having one implementation account for +95% of the nodes is quite a disadvantage. Sure, not every Core node would crash in the worst case, but still an immense amount. Too bad it didn't trigger non SegWit nodes to upgrade to newer clients. I really would have hoped it would bump SegWit usage, but with how certain camps intentionally 'block' SegWit it likely never stood a chance anyway. The bug was fixed, but it irreversibly changed my view of cryptos.
What exactly has changed for you?
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BSV is not the real Bcash. Bcash is the real Bcash.
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Whosdaddy
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October 25, 2018, 10:24:45 AM |
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Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.
Many analysts and analyses are pointing towards good news and bad news or image of any product or about any product will directly affect value of that product. But I think that it is actually demand rate that may reduce or increase with bad or good news respectively but the most prominent statement is to mention demand rate. The current price shows stability and this came as a result of the gap that has reduced between up and down movement. Most times, it is normal to expect that news will have an effect on the market, but the truth remains that there is no way you can obviously tell what really moves the market at this point since it is a whole lot speculative in nature than anything that has to do with real demand at all. What we keep seeing everyday now is just some manipulators taking advantage of those speculations and people always getting greedy without attempting to know what the market is even all about and all they care about is to get rich quick, and in this case, we will keep seeing spikes and fall in prices.
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wildflower18
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October 25, 2018, 11:27:33 AM |
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It really shows that many factors affects of falling price of bitcoin. Manipulation, panic selling, also fuds and others affects the price. Whereas, those who did not believe the future of crypto got to sell even on lose of funds on their investment. Observe the price so you will know how bitcoin works.
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CrazeCoinz
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October 25, 2018, 12:28:21 PM |
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The main factors that makes the price of bitcoin to fall is the FUD created by those big players like whales that taking the opportunity on the weakness of small time investors. Once the weak investors will get in panic selling this can easily fall due to lack of demand and the price will contentiously lower until such time whales will buy at cheaper price. I think this can be prevented if the demand will increase as more people will buy bitcoin and the supply of bitcoin will scattered around the world.
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Rejevunator
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October 26, 2018, 08:03:13 AM |
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Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.
Many analysts and analyses are pointing towards good news and bad news or image of any product or about any product will directly affect value of that product. But I think that it is actually demand rate that may reduce or increase with bad or good news respectively but the most prominent statement is to mention demand rate. The current price shows stability and this came as a result of the gap that has reduced between up and down movement. There's a lot of reason which case bitcoin fall down. one of the big reason is spearing the wrong information and make peoples mind to left bitcoins.
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Slow death
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October 26, 2018, 10:03:51 PM |
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Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market. these factors that you mentioned are temporary factors, then the price recovers, but the scenario that we have today is lack of demand, we can not close our eyes and ignore the fact that we do not have demand, people were afraid because the price fell a lot and because many governments and central banks are implementing disadvantageous regulations for bitcoins, altcoins and ICOs.
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promich21
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October 27, 2018, 05:45:09 AM |
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Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.
Many analysts and analyses are pointing towards good news and bad news or image of any product or about any product will directly affect value of that product. But I think that it is actually demand rate that may reduce or increase with bad or good news respectively but the most prominent statement is to mention demand rate. The current price shows stability and this came as a result of the gap that has reduced between up and down movement. People just believe what ever they're watching on internet but we should not forget that not everything is true in internet community. Making fomo is the art of internet's people and media play roles in it. They just listen to government and search the fomo.
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Supercrypt
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October 27, 2018, 09:03:25 AM |
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It really shows that many factors affects of falling price of bitcoin. Manipulation, panic selling, also fuds and others affects the price. Whereas, those who did not believe the future of crypto got to sell even on lose of funds on their investment. Observe the price so you will know how bitcoin works.
Observation is something that will only have to do with some certain level of understanding. However, the fall in price of bitcoin was also mainly as a result of the market not actually being driven by real demand or will I say at this point, driven by speculation which obviously we got to see people getting over greedy, hopping into FOMO like a frog and then getting beaten by the heavy down pour of sell spree in the market. It is just a normal thing though to experience in a market and even in more matured markets, it happens pretty well, so in my own understanding, I will just say people should get used to it. People just believe what ever they're watching on internet but we should not forget that not everything is true in internet community. Making fomo is the art of internet's people and media play roles in it.
FOMO must have played a big role in the falling down of bitcoin prices. Yes, when you are listening like bitcoin may fall down and you may get cheaper bitcoins then what you will do ? I am afraid most people from this community must have done the same, which caused prices to come down from $19.8k to $5.8k.
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Cocesstraable
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October 27, 2018, 09:14:07 AM |
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Panic selling is what draws the price of Bitcoin so down to the drain. Any event which leads to panic selling of Bitcoin can be considered as a contributing factor. The news of a hacked exchange site, false news from governments, banks and the media, a Bitcoin advocate country later banning Bitcoins etc. All these factors contribute to the fall in price of Bitcoin on the market.
Many analysts and analyses are pointing towards good news and bad news or image of any product or about any product will directly affect value of that product. But I think that it is actually demand rate that may reduce or increase with bad or good news respectively but the most prominent statement is to mention demand rate. The current price shows stability and this came as a result of the gap that has reduced between up and down movement. Yes it is also an important factor for the bitcoin price to fell down, but I think that there are so many other reasons, which causes the bitcoin price to decrease, specially the wrong news that some time spread out in the market which really effect the bitcoin price too much.
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Big-bigger-bitcoin
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October 27, 2018, 10:22:17 AM |
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The main factors that makes the price of bitcoin to fall is the FUD created by those big players like whales that taking the opportunity on the weakness of small time investors. Once the weak investors will get in panic selling this can easily fall due to lack of demand and the price will contentiously lower until such time whales will buy at cheaper price. I think this can be prevented if the demand will increase as more people will buy bitcoin and the supply of bitcoin will scattered around the world.
In fact so many reasons are there which causes the price to fell down, whales always effect the bitcoin price but I think that the most important fact is that of the bad news that people spread in the market in fact they want the price to fell down so that they may find an opportunity to buy bitcoin in a low price.
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