juragankambing (OP)
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October 20, 2018, 06:07:30 AM |
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BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!
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xuv500
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October 20, 2018, 06:34:54 AM |
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There's no specific reason for the fall, infact all the coins are down as the market is slow. If it turn hot then the entire coin will start pumping, I still believe it will recover from the next month and rally till 15k atleast. Lets hope for the best.
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Sid3d
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October 20, 2018, 06:53:37 AM |
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The reason for the fall in prices for Bitcoin is the same as the reason for the rise in prices for Bitcoin. I don't know her, and you? I do not quite understand the cryptocurrency pricing system. What is the price of Bitcoin attached to, how does it change? I, too, do not give rest to these questions.
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Herbert2020
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October 20, 2018, 06:59:54 AM |
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what fall?
are you imagining things or are you actually in some place that is offering bitcoin at lower prices? because on all of the bitcoin exchanges that are legit and popular the bitcoin price is the same as it was for the past 2 or 3 months. stable.
and that can only mean price is getting ready for a big rise.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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Rati24
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October 20, 2018, 07:06:55 AM |
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Bitcoin falls due to whale price speculation such as major miners and exchanges also because of futures. It may also fall due to traders who are in a short position. But still the whole cryptocurrency market is very dependent on the SEC decision on Bitcoin ETF. If there is a positive current decision, we hope the drop trend will be broken.
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olsyd
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October 20, 2018, 07:10:28 AM |
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BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!
Crypto market is exactly the same market as other, some people/organizations want to make money and I think now they are preparing for a new bull market. I think BTC can't go down more because the current price is the min price that covers mining costs
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airdropcoin
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October 20, 2018, 07:39:20 AM |
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This kind of question is not a good answer, but everyone still has great expectations for ETF. If ETF can accept BTC, then I believe we will usher in a bull market. I hope we can see the bull market instead of seeing it continue to drop
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U2018
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October 20, 2018, 07:41:32 AM |
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Getting into trouble is very normal. There is no setback in the process of growth. It is impossible to understand the importance of the facts. You can look at the history of BTC. The difficulties it has encountered are more cruel than this. So you need to be patient.
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oxoxoxox
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October 20, 2018, 07:46:05 AM |
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I think the reason why Bitcoin can't grow fast is mainly from the new altcoin, because the new altcoin is constantly absorbing the money of investors!
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republicrypto
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Keep it Simple guys :)
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October 20, 2018, 07:48:22 AM |
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i think its because sellers more than buyers and there is no huge demands in crypto world now,, this made the price of crypto was down at this moment regards
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sergeykravchenko1959
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October 20, 2018, 08:03:44 AM |
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I believe that falling btc is a natural behavior of the market . After its peak, the price tends to its bottom . All this is supported by background information . And the next step is again maximum price . The way it works.
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MazCrypto
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October 20, 2018, 08:06:06 AM |
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bitcoin is experiencing a stable phase with only a slight rise and fall, this is not attractive because we cannot seek profit through price fluctuations, the cause of the rise or fall of bitcoin prices depends on the trader in buying and selling.
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btc_angela
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October 20, 2018, 08:07:01 AM |
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BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!
Did you FOMO at around $20K? That's why you said that that market is falling to the pit? AFAIK, the price has been stable for the last couple of months so I don't understand you saying negatively about the price. I would have to believed if you says is Ethereum, but Bitcoin? No and the only reason is that there's no demand right now or the demand is weak and investor most probably are waiting before they enter the market again.
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Bharathi13
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The Standard Protocol - Solving Inflation
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October 20, 2018, 08:11:31 AM |
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The current price of Bitcoin looks very stable since 3 to 4 months between 6000$ to 7000$, also the Bitcoin is looking quite immune because of good news like Bakkt and fidelity exchange which will bring out more capitals into the cryptocurrency market. Check below article and the views of the industry leader CEO of pantera capital. https://dailyhodl.com/2018/10/19/bakkt-and-fidelity-will-bring-an-enormous-amount-of-capital-into-crypto-pantera-capital-ceo/. We are experiencing this bear market since almost 10 months and for this bear market obvious reasons are manipulation, crypto exchange hacking like bithumb and coinrail, unclear regulations on cryptocurrency handling.
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Lantind
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October 20, 2018, 08:14:24 AM |
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about the price that falls today there is certainly a cause, but bitcoin will also rise again in the coming year, many reliable traders predict so even though the increase rate is very difficult to guess.
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ice18
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October 20, 2018, 08:15:05 AM |
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Its not actually the fall of bitcoin the current price is the most realistic price the bull run that happen last year is just a pump and a manipulation from big players thats why If someone wants to invest in bitcoin right now is the perfect time to accumulate.
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Bagaji
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October 20, 2018, 08:27:08 AM |
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BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!
![Grin](https://bitcointalk.org/Smileys/default/grin.gif) When last do you visit CMC price? Or which part of the world are living? Bitcoin price is quite stable and this stability of Bitcoin is a clear indication that the bull run is at hand, so, Bitcoin price is not still falling as speculated by you. Some of these reasons behind it falling is due to the NEWS from SEC and ETF.
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passwordnow
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October 20, 2018, 08:33:47 AM |
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Falling to the pit? it isn't falling to the pit, if it is then it will go below $1000 but its not and the price is still $6,000 above.
I don't thin it is going to go down more, this market is really volatile and bitcoin could pump or plummet anytime but we're done with the plummeting.
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5thFear
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October 20, 2018, 08:36:41 AM |
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Well, according to me, and i am nobody, Bitcoin attracted alot more attention then it should have and to tackle it the price was forced down. Bitcoin is the currency of the future and it will be there to replace Dollar and once the time is right, it would be allowed to move in freely and the other currencies like Chinese Yuan would be left wondering what hit them.
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Hui8
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October 20, 2018, 08:49:20 AM |
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BTC is still falling to the pit and I want to know the reasons behind it and do you think it will go down more!
Hm, an unsolved mystery of the bitcoin and its fellow coins that is altcoins. Its funny how things are not working upto the mark for everyone. To be honest this one is the fall when we will see BTC up rise to high prices. Im not sure if im true to 100% but it does look like that as we approach the year end it could be that whales are now trying to manipulate the market and making the prices go down by themselves. This way they can stock up more and more for the preparation of having huge pumps ahead. This is how it works and working since many days to years.
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