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ngocdhbk2
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October 20, 2018, 06:08:12 PM |
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I think Bitcoin go down a lot of when the supply is larger than demand. So Bitcoin sellers are much but buyers will lessen and that is a problem make Bitcoin go down. Besides i think the Bitcoin go down may also bad news for the crypto market.It impresses a lot of Bitcoin.
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"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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Desmo
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October 20, 2018, 06:10:28 PM |
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The reason of falling of the price for bitcoin is very simple. People who bought it a year ago just have begun to withdraw the money and to lock in profits in dollars. And new inflow of people very small and the price doesn't grow.
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Tom Shelby
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Activity: 160
Merit: 10
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October 20, 2018, 06:15:24 PM |
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I believe that the reason for the fall of Bitcoin may be the next price increase. Since the market is cyclical, the emu needs to fall so that later it will rise well, It's like a springboard. I think it will still work out.
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fanji
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October 20, 2018, 06:18:36 PM |
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For Bitcoin traders, the current conditions are quite difficult. The value of this digital currency or cryptocurrency has fallen by almost 30% in the past month, and more than 50% during this year. there is another reason for the drop in the value of Bitcoin. due to regulatory uncertainty, concerns over price manipulation and market sentiment all weigh on cryptocurrency.
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ripzombie
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October 20, 2018, 06:27:22 PM |
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I think that there was no even a difinite reason behind it’s drop. It was something like a small drop, but hamsters started to panic
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Ararbermas
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October 20, 2018, 06:29:33 PM |
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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!
no it's not falling mate . kindly make a technical analysis first before saying and posting " bitcoin still falling and etc". Because Indeed it still had small progress as of now and there's no changes on the price. And im pretty sure as well it never go down more again no matter what happen because bottom price of bitcoin still have strong support!. . |
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Jayleen Fernandez
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October 22, 2018, 03:08:55 AM |
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There are hardly any reason behind the fall of the price of Bitcoin in the market. In fact, the price of all the coins in the market is down now. They all share the same reason, and that reason is hard to detect in a volatile market like crypto.
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Rhianna Harmon
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Activity: 19
Merit: 0
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October 22, 2018, 03:24:56 AM |
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Bitcoin's price is not really falling; it is not rising but it is quiet stable. The whole crypto market is a bit slow at the moment. But we have seen a little pump a week ago. We hope the situation will turn to positive before the new year.
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KrishaBitcoin
Member
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Activity: 350
Merit: 11
W12 – Blockchain protocol
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October 22, 2018, 05:27:48 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!
This was due to bearish market in which its currently still in effect that some say we are still in the middle of it but i believed that the $6,000 is the final price bottom that hopefully the market price will bounce back now as we have already long waited for a very long time period of this bearish market performance. |
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Yaupgitda
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October 22, 2018, 05:39:23 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!
There are no special reasons for falling prices, and this applies not only to the cryptocurrency market. In the history of the market there were not a few such cases, sooner or later a period of stagnation comes. Luck rewards the patient. |
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brenzosa
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GPTCash Weekly Airdrop: https://discord.gg/YHngU9x
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October 22, 2018, 05:49:54 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!
maybe bitcoin and the whole crypto universe needs the support from goverment and large institutions to get moving up. the government and banks are among the reasons why bitcoin is held back to where it is today from its all time high. |
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catubayjhon
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Activity: 560
Merit: 6
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October 22, 2018, 05:58:20 AM |
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We really dont know what is the reason of falling of bitcoin it seems it is still keep down that is why all the other coins fall down too. But i believe bitcoin now is down but maybe in next few months it rise again.
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Sadari3
Copper Member
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October 22, 2018, 10:25:03 AM |
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everyone hopes there will be bullrun bitcoin, is it possible that bitcoin will become like the end of 2017, I think because a lot of crypto coins so bitcoin is no longer the only option for investment that makes buying and selling bitcoin down.
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avarnet
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October 22, 2018, 10:35:05 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
because the more who sell bitcoin, the faster it will be for bitcoin to decrease, so the increase and decrease if I think it depends on the user because the more people buy, the faster it will increase the price |
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BlackPanda
Legendary
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Activity: 1414
Merit: 1001
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October 22, 2018, 10:44:21 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!
Changes will always occur and that proves that the Bitcoin market will have tremendous influence. The decline and increase in prices will always occur and it will not always stagnate because there will be momentum when prices increase and there is also momentum when prices decline. The impact on the direction of the Altcoin movement is also very large, as we know that now Bitcoin is the main choice currency and when there is a movement to the price of Bitcoin it will automatically move the price of Altcoin. |
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ambisyon
Jr. Member
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Activity: 322
Merit: 1
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October 22, 2018, 11:05:35 AM |
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I believe that btc market has been steady ranging from 6.2K to 6.6K for a long period of time where in my observation, this could have been a btc stable market since it has not dropped beyond the 6K level. Considering this is now in bearish market and seems to me that the correction period could have been a bit longer and perhaps this is in preparation for the expected bullish market that may soon to experience in the coming months. Lastly, btc is not falling and definitely it will make another ATH before the year end.
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bisdak40
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October 22, 2018, 11:06:03 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!
It will always be the law of demand and supply that determine the price of bitcoin. There are a lot of people selling bitcoin now which contributed to the dip and whether it will plunge further, that remain to be seen because we don't have crystal ball to see the future. |
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asayoyaasa
Copper Member
Full Member
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Activity: 648
Merit: 159
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October 22, 2018, 11:22:14 AM |
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I just saw the chart that bitcoin price already in correction area, need more time to know what will bitcoin do. If it falling down to $5500 below, the trend is change. But if bitcoin can hit $7000 it still has chance to grow.
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This is my main account. My alt account for bounty report in the future >> asa crypto info |
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bravehearth0319
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October 22, 2018, 11:25:36 AM |
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After the recent spike where BTC had a 12% increase, its price is playing around $6500 for the past two weeks. The steady movements are somehow considered bearish because there is no significant increase yet. It's really hard to determine the exact reason, is it the investors are feeling negative about the market or is there a price manipulation.
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z21770179
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October 22, 2018, 11:42:00 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!
maybe bitcoin and the whole crypto universe needs the support from goverment and large institutions to get moving up. the government and banks are among the reasons why bitcoin is held back to where it is today from its all time high. So perhaps you have not learned that, in the new years are used. Most people use it as money launderers. There is no government or very few organizations that recognize the future of crypto market as large as it is today |
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