Whats makes bitcoin Price Drop ?

[Teamfearless]

What is make bitcoin price drop !

when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already  been  mine and all crypto  currency  depend on bitcoin so the demand ratio of bitcoin is really high  still bitcoin keeps dropping .. I want to know what is behind it !!

[Zin-Zang]

What is make bitcoin price drop !

when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already  been  mine and all crypto  currency  depend on bitcoin so the demand ratio of bitcoin is really high  still bitcoin keeps dropping
.. I want to know what is behind it !!

Lauda pissed me off, so I am selling all of my bitcoins to destroy the crypto world forever,

So it's lauda's fault. : https://bitcointalk.org/index.php?action=profile;u=101872


 
I might be kidding, I might not!

[kelz1]

It did drop around the time lauda returned, perhaps theymos thinks lauda can save bitcoin But based on the OP it is likely to be related to mining difficulty dropping. We need new bitmain ceo to save it

[nebiki]

if in my opinion it is very difficult to answer because all this time the news of the decline in bitcoin is a lot, and the big and the wrong ones don't even know right

[odolvlobo]

What is make bitcoin price drop !

when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already  been  mine and all crypto  currency  depend on bitcoin so the demand ratio of bitcoin is really high  still bitcoin keeps dropping .. I want to know what is behind it !!

You are not clear on the concept of supply and demand. In particular, demand does not affect supply. They are independent.

The general answer to your question is that the price drops when the supply increases or the demand decreases, and it rises when the supply decreases or the demand increases.

Read this: https://www.investopedia.com/university/economics/economics3.asp

It should be noted that factors affecting the supply and demand for bitcoins are different from other products. Unlike other products, bitcoins are not consumed and the supply does not depend on the cost of production.

[Ezenwanyi1]

It's true that the demand and supply factor has a way of determining the price of a commodity to a large extent.
But in the case of bitcoin, I think reverse is the case as the supply or demand of bitcoin has less power to determine it's price per time.
I have come to realize that in most cases when the price of bitcoin tanks, it could be due to fomo, people spreading unfounded rumours and fake news.

[Baofeng]

Did you know that the market is base on speculation? It means that a positive news will push the price while a negative and complete FUD will cause the price to go South. That's the most basic thing than can influence the market so you keep that in mind as well.

[benres]

The bitcoin price drop affect everybody but in technical analysis by many cryptocurrency experts have the answer to this. Most of them say that this is part of the bitcoin value cycle that give answer on how much will be the next all time high. Many experts predicts by many mathematical estimation that a bitcoin will soon reach the hundreds of thousand dollars  in the comning couple of years or the next decade. So we must be patient and keep on looking the bitcoin cycle will be for the entire cryptocurrency industry.

[Nnedaddy1]

I agree with the other commentators that was of the opinion that the bitcoin price is never determined by the forces of demand and supply .
There are so many things that determines price of bitcoin in cryptocurrency space and I want to agree that the forces of demand and supply is not one of it.
The market is highly volatile and that's makes price to be unstable.
Also the market is a speculative one driven by news as the case may be.

[Slow death]

few people are buying bitcoin and many people are selling bitcoin ... you should think: why would many people buy bitcoin now? What would these people gain? This is the main point. In 2017, people bought a lot of bitcoins because they thought that with the launch of Futures, many institutional investors would enter and the price of bitcoin would reach the moon. for this reason people had no problem buying when the price was $ 14000 or $ 18000. But then people realized that with Futures  nothing changed, so these people started selling their currencies. People today are more cautious, they will not buy too many bitcoins unless they know they have great news that can create big price increases.

[mahilchii]

Did you know that the market is base on speculation? It means that a positive news will push the price while a negative and complete FUD will cause the price to go South. That's the most basic thing than can influence the market so you keep that in mind as well.

Agree the price is based on speculation but there was not any news regarding the price drop. FUD's will always be there in this forum they are not making it down. The thing is the big fishes who are planning to make it down.

[superstarbtc]

the whole of last year the bitcoin price dropped only reason is Etf news and uncertainty  in mining and hard fork in bitcoin core all these factors made btc price drop

[KingScorpio]

whale market manipulations

[dewildance]

Bitcoin and other crypto coins are too responsive to bad news. And I think a few news from China have affected the market badly.

[KingScorpio]

The bitcoin price might be dropping because of some whales taking profit. They are Mafia clique bent on wreaking havoc in the market. If you don't believe this that some Mafia billionaire cliques are ripping off on bitcoin. How do explain a sudden market add up of over $10-15b and losses same in quick succession? Things are happening here.

thats corret, its all about information war, when it comes to cryptocurrencies.

[nutildah]

What is make bitcoin price drop !

when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already  been  mine and all crypto  currency  depend on bitcoin so the demand ratio of bitcoin is really high  still bitcoin keeps dropping
.. I want to know what is behind it !!

Lauda pissed me off, so I am selling all of my bitcoins to destroy the crypto world forever,

So it's lauda's fault. : https://bitcointalk.org/index.php?action=profile;u=101872


 
I might be kidding, I might not!

I don't think you're kidding. I think you really are insane. Probably from losing all your money by investing in Bcash. Its disturbing how personal you are taking the initial red trust you got. Your actions earned you 3 more negative trusts... I really don't understand what you're still doing here. I mean feel free to carry on. At least its entertaining.

[GreatBug]

I think that as to yesterday's price drops, there is no doubt that some big fish still want to manipulate the cryptocurrency market.
Let's hope that shortly their wallets will be empty, they end dump coins and they will finally start buying.

[Linkkoin]

I think that as to yesterday's price drops, there is no doubt that some big fish still want to manipulate the cryptocurrency market.
Let's hope that shortly their wallets will be empty, they end dump coins and they will finally start buying.

With this drop, it would not be unreasonable to say, that they are slowly and patiently buying. First initiating it, and then buying on the bottom.

[izanagi narukami]

Bitcoin value depend on supply & demand so the value is completely volatile.
You can see the value change in short term so you know that crypto trading is risky activity !

Are you still want to trade ? Are you ready to loss ?
If you want to make huge profit, HOLDin is the key !

[Indamuck]

There is not one particular reason for this recent price drop.  It can be fake news to spread panic, it can be some whales that decide to flood the market or it could be an exchange trying to clear out the longs.  People are majorly overreacting and every time bitcoin drops 10 percent people make these types of threads.