eann014 (OP)
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November 23, 2018, 12:50:00 PM |
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Anyone knows what is really the reason behind of falling bitcoin value? Is there any news or article that you can share here guys? I am also confused if I still want to hold my bitcoin or just sell but if I do that, I will lose a lot just like to those who already make panic selling.
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willwin66
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November 24, 2018, 02:16:52 AM |
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Anyone knows what is really the reason behind of falling bitcoin value? Is there any news or article that you can share here guys? I am also confused if I still want to hold my bitcoin or just sell but if I do that, I will lose a lot just like to those who already make panic selling.
I believe that bitcoin's price is affected by someone. this person can adjust the price, make it lower and buy as much as possible.
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mk4
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November 24, 2018, 02:25:35 AM |
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Most likely reason in my opinion is that people that bought bitcoin expecting that it will make them rich in a short timespan gave up as bitcoin is just continuing to drop in price, which is definitely not what they were looking forward to. Hence why we see "bitcoin is dead" news and a lot of people agreeing with it on social media. We're probably already in the capitulation phase or at least close to it. A bit more blood probably.
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MakaveliTA
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November 24, 2018, 02:29:55 AM |
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Because of all this drama with the BCH war, not to mention institutional investors probably saw it as a great opportunity to suppress the price.
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LeGaulois
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November 24, 2018, 05:29:27 PM |
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Anyone knows what is really the reason behind of falling bitcoin value? Is there any news or article that you can share here guys? I am also confused if I still want to hold my bitcoin or just sell but if I do that, I will lose a lot just like to those who already make panic selling.
There is a dozen questions like this one on each board in the forum, the answers will be the same no matter how many times you ask. Generally speaking, there are people believing the crash comes from the BCH soap opera, while other people believe it's all about manipulation to increase a BTC bag Which is the most possible reason to me.
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Infinixhot1996
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November 24, 2018, 06:09:27 PM |
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I believe that bitcoin's price is affected by someone. this person can adjust the price, make it lower and buy as much as possible.
No single individual can wield that much enormous powers as to single handedly affect the price of the bitcoin,its basically impossible,we have heard of a group of individuals(whales),who dominate the market based on their astronomically large asset,but even such assumptions most times is yet to be clarified if it aint actually a myth From my stay on the forum,ive heard a lot of time that certain factors trigger the price of the bitcoin(a rise or a fall), but I'm not yet privy to such factors
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th3nolo
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November 24, 2018, 06:25:21 PM |
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Anyone knows what is really the reason behind of falling bitcoin value? Is there any news or article that you can share here guys? I am also confused if I still want to hold my bitcoin or just sell but if I do that, I will lose a lot just like to those who already make panic selling.
No bro, there isn't any news about Bitcoin. Just a friendly reminder, What it was the value of Bitcoin when the year 2017 started, 600$ right? Well, it's not a surprise that Bitcoin has been declining it's since January 2018, what you were expecting the Bitcoin value rising forever? This is only a healthy correction, From my perspective, the Bitcoin value still has a chance to plunge to the levels of 3000$ - 1200$, or maybe this 4000$ level is the final support, which I doubt it is.
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tomahawk9
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November 24, 2018, 06:31:51 PM |
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Could be some manipulation from some big whales, could be the whole hashwar and all that stuff going on within the Bcash community, or perhaps some people got tired of waiting for an upward movement that they decided to dump their coins, or maybe it's the lack of external buying pressure...it's too difficult to pinpoint the reason behind the drop as there are too many factors in play in the crypto market. If you can't handle this kind of price swings, then I'd recommend you to leave this market asap.
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Lilmon
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November 24, 2018, 06:36:29 PM |
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Nobody knows for sure, but many blame the fork of bch for that to happen, remember that this market moves a lot in speculation, so if something generates instability or FUD great price movements occur because people do not really know what to do and get their money just in case.
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loicuagio1979
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November 24, 2018, 07:06:23 PM |
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In my opinion, it's useless to find the reasons or try to explain yourself. It's just a game only. The crypto game ended 10 months ago and the question is, when it will start again? Just wait and prepare carefully yourself to take this chance in the future. That's all
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Andruha1993
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November 25, 2018, 07:47:17 AM |
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I think that the price of Bitcoin every day falls because people started to panic and began to sell their investments. But I think it will not last long, soon in my opinion everything should be restored.
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nellakarisma
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November 25, 2018, 08:08:22 AM |
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until now I still don't know the reason and why for sure, bro. but that is in my opinion. maybe they want to make a profit so that it destroys the value of bitcoin to find satisfaction and its own benefits .
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KnightElite
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November 25, 2018, 08:36:49 AM |
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Anyone knows what is really the reason behind of falling bitcoin value? Is there any news or article that you can share here guys? I am also confused if I still want to hold my bitcoin or just sell but if I do that, I will lose a lot just like to those who already make panic selling.
The bitcoin has the characteristcis of being volatile, so it is possible that the price of the bitcoin can drop so much. Manipulation of the whales is one of the factors why the value of the bitcoin goes down and down.
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Cacingkemi
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November 25, 2018, 08:48:19 AM |
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Actually crypto cannot be read where the value will go Including BTC,It all depends on your strength for HODL if you don't want to lose a lot but my advice is that you can grow your BTC in most crypto investments.There is a lot of news about this maybe you can read it here Cryptocurrency News.
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Tipsters
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November 25, 2018, 09:23:44 AM |
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Anyone knows what is really the reason behind of falling bitcoin value? Is there any news or article that you can share here guys? I am also confused if I still want to hold my bitcoin or just sell but if I do that, I will lose a lot just like to those who already make panic selling.
It's more of a FUD now as the drama with hashwar fades but the effect will be seen in the coming months unless there will be some major supports along the way to reverse the tide. Though this is not soon, we have to be vigilant as always as it can also do something we can't catch up on.
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VaLeRaaa
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November 25, 2018, 09:28:25 AM |
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I hope this article will calm some. Despite the terrible news around during these periods, Bitcoin has always managed to recover; each boom and bust is a perfect example to show how resilient cryptocurrencies can be when supported by a solid community. Whatever you might feel now about Bitcoin always remember: markets work in cycles. If you’re patient enough you’ll be able to participate in both bearish and bullish cycles. The key thing is to time markets right. https://www.ccn.com/bitcoin-op-ed-welcome-darkness-my-old-friend/
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Kakmakr
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November 25, 2018, 09:42:08 AM |
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I can tell you what the conspiracy theory are... The institutional investors are using Fiat to suppress the price, because they know the Bitcoin ETFs will be approved and the Bitcoin price will skyrocket in 2019. A lot of these investors were late for the "cheap" coins, so they want to push the price down to get people to panic and then they want to swoop in to buy all these cheap coins before the spike in the price in 2019. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) You decide if this is a likely reason for a large dump like this that are not backed by bad news. ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
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Mungsinhnhat
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November 25, 2018, 09:43:00 AM |
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I think the panic has made the price even worse. And really, people no longer believe in bitcoins
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ansarose1
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November 25, 2018, 09:43:13 AM |
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Market is not stable, bitcoin is falling down and it affects altcoins also. I think the reason is there are lack of adaptation for new investors that uses bitcoins and cryptocurrencies to rise its demand and also its price.
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johnygrace
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November 25, 2018, 09:46:33 AM |
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I do not recommend trusted analyst estimates from Mass Media, because they can make statements that support certain financial structures, organizations and make specific predictions from those who benefit from falling prices in the crypto market. In addition, the "Bloomberg" forecast is only based on assumptions
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