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Author Topic: Why the Bitcoin is still down?  (Read 5070 times)
metalglowd
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February 07, 2019, 06:02:03 PM
 #101

Personally, I think that mass adoption is going to push the prices up and reach a new ATH. As the supply is limited, by increasing the demand for Bitcoin is going to have a significant positive effect in its price. We should try to integrate Bitcoin as a way of payment method in e-commerce businesses at first. This is very easy and it can show results directly to the market.
That is certainly because if more and more people adopt Bitcoin on a large scale it will encourage bitcoin to experience a high price increase, because the less bitcoin supply is as expensive as it is

it is still not proven whether this mass adoption will really change the market conditions about high demand, besides the current condition of the market and the hype also weakening

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voltesbit777
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February 07, 2019, 06:03:16 PM
 #102

I just don't know the exact reason why bitcoin at the present time now was still down in the market.
Based on my understanding on this matter I think most of the community so far holders only and majority of them are not taking the chance to buy em while the price was in cheap value only few of them are buying a huge of it then hold em in the long term.
But if the average of buyers of bitcoin will rapidly increase I think there's a big tendency that price value will goes up
for sure, in my opinion.
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February 07, 2019, 06:47:05 PM
 #103

what is the another ways to lifted up the Value of bitcoins in the market?
Bitcoin is still down because the supplies is still high than the demands and this is cause because of the postponement of bakkt and other important events that could have changed the face of things.
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February 07, 2019, 11:15:07 PM
 #104

do not know for sure why bitcoin is still down, it does occur because of a decline in investors, or indeed there are those who control. but this will soon pass, just wait.
and how to increase bitcoin, maybe we should continue to buy bitcoin without selling it before bitcoin reaching a very high price.

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February 07, 2019, 11:58:07 PM
 #105

what is the another ways to lifted up the Value of bitcoins in the market?
Bitcoin is still down because the supplies is still high than the demands and this is cause because of the postponement of bakkt and other important events that could have changed the face of things.
Price fluctuation is not dependent with single factor alone. There have been controversies circulating around and various speculation that somehow caused its price to fall, but I believe that its recovery is potentially positive. Lack of awareness and public education are some of the factors that would create an impact that would lead to wild swing of the market. What we highly-needed here is a strong support and by changing the mindset of the public of how beneficial and profitable Bitcoin is.
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February 07, 2019, 11:59:44 PM
 #106

what is the another ways to lifted up the Value of bitcoins in the market?
The interesting Crypto field was reduced to a huge fall down that's why the people will also panic and most of the high invested people will get out from this field and make the cryptocurrency feel more weaker than before that's why Bitcoin will struggle to get back to the normal person but the ups and downs are easily managed by Bitcoin many times.

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February 08, 2019, 06:37:16 AM
 #107

what is the another ways to lifted up the Value of bitcoins in the market?
Bitcoin is still down because the supplies is still high than the demands and this is cause because of the postponement of bakkt and other important events that could have changed the face of things.
I think the reason why the price of bitcoin falls is not only the effect of demand, but it may also be due to the influence of bad news that makes a lot of traders panic, making the price of bitcoin fall and difficult to rise because there is no good news that can make prices rise.

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February 08, 2019, 07:20:32 AM
 #108

what is the another ways to lifted up the Value of bitcoins in the market?
The interesting Crypto field was reduced to a huge fall down that's why the people will also panic and most of the high invested people will get out from this field and make the cryptocurrency feel more weaker than before that's why Bitcoin will struggle to get back to the normal person but the ups and downs are easily managed by Bitcoin many times.
regaining investors' trust is indeed not easy. and requires a long time, but with the theme raised by bitcoin, I think it will make it rise. Moreover, technological progress will certainly continue to grow despite the many obstacles faced. with that capital we are all still here and believe that BTC will shine later

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February 08, 2019, 07:44:03 AM
 #109

what is the another ways to lifted up the Value of bitcoins in the market?
Bitcoin is still down because the supplies is still high than the demands and this is cause because of the postponement of bakkt and other important events that could have changed the face of things.

Since the supply of Bitcoin in the market is very high that cause declining of Bitcoin price we need a huge demand like acceptance and positive news so that Bitcoin price will increase again,BAKKT and ETF is one of the important factor that can help to increase Bitcoin price because if it will approve investor's will encourage again to invest in Bitcoin.
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February 08, 2019, 12:57:14 PM
 #110

what is the another ways to lifted up the Value of bitcoins in the market?
Bitcoin is still down because the supplies is still high than the demands and this is cause because of the postponement of bakkt and other important events that could have changed the face of things.
I think the reason why the price of bitcoin falls is not only the effect of demand, but it may also be due to the influence of bad news that makes a lot of traders panic, making the price of bitcoin fall and difficult to rise because there is no good news that can make prices rise.

I think that is another reason for bitcoin still down and I think it makes sense because people now become afraid to buy bitcoin and they felt that bitcoin would go down for more. They'd better wait for a while until bitcoin can stay at the one price level and not going to down deeper or up too higher. But still, the news giving an effect to bitcoin price but I think people can think about the truth from that news so they will make a good decision to buy bitcoin, hold bitcoin for a while, or even selling bitcoin which can make the bitcoin going down again.

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February 08, 2019, 01:36:14 PM
 #111

what is the another ways to lifted up the Value of bitcoins in the market?

I think the market is still down because it had not reached the peak of its correction. It skyrocketed dramatically last 2017, and this kind of movement is not healthy for any market. It needs to be corrected in order to maintain equilibrium. Obviously, it was abused by many crypto enthusiasts. It also brought fear of bubble bursting anytime to some. So what we need now to lift the value of bitcoin stably is assurance through legalization and regulation. This, I guess, would be a great weapon against FUD which largely affect the price in a negative way.
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February 08, 2019, 01:40:21 PM
 #112

I think the price of Bitcoin will go up and down based on supply and demand. High demand will influence prices to rise to a certain higher level, commonly called resistance levels; and then it might fall because of profit taking or maybe because of fundamental factors. Conversely, it may fall to a lower level called the support level and then recover because it is supported by high volume in new purchase transactions. That is a normal circle in everyday transactions. Keep the spirit
blockman
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February 09, 2019, 08:41:37 AM
 #113

how to increase bitcoin, maybe we should continue to buy bitcoin without selling it before bitcoin reaching a very high price.
Just pure demand and adoption will increase the price of bitcoin again. And why it's still down? everyone has an opinion that it's due to the bear market. But I have a good news to all of you, maybe some of you hasn't online and haven't seen the prices on coinmarketcap.
Check and look on it and you will see that bitcoin is starting to pump again. From $3,400 it easily reached $3,700 though the increase isn't the same as before but with such increase everyone is starting to gain confidence again.

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February 09, 2019, 09:13:47 AM
 #114

The only way we can lift the price or bitcoin market up is by trying to increase the level of demands, because since bitcoin operate on the economic law which states that demands is what determine the price once the demands get high then the market will lift again.
Thats right, the question is how to make demand go up very high? in early 2018, marketcaps could reach more than $ 200 million, currently only around $60 million, very small compared to last year. I think the way is to get investors to trust again to lift demand up
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February 09, 2019, 09:52:36 AM
 #115

The only way we can lift the price or bitcoin market up is by trying to increase the level of demands, because since bitcoin operate on the economic law which states that demands is what determine the price once the demands get high then the market will lift again.
Thats right, the question is how to make demand go up very high? in early 2018, marketcaps could reach more than $ 200 million, currently only around $60 million, very small compared to last year. I think the way is to get investors to trust again to lift demand up

They will be, in the mean time we hold.

The price of Bitcoin is low, there is no denying that but I don't think we should really look at the price now. If you don't know, the price is better to invest when it is low amd it is low so it is better to invest now. Lets invest while the price is low as it might make us regret in the future when the price is high.
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February 09, 2019, 10:51:02 AM
 #116

what is the another ways to lifted up the Value of bitcoins in the market?
Bitcoin is still down because the supplies is still high than the demands and this is cause because of the postponement of bakkt and other important events that could have changed the face of things.
There’s really no strong deman right now and maybe this recent pump is just another bull trap. We should wait a little more time because the market will continue to pump but not this month. No one can say when, predictions can happen but not guaranteed, relax and the price will grow on its own purpose.
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February 09, 2019, 01:00:44 PM
 #117

One of the important reasons is also the undefined status of bitcoin in different countries. For example, in Russia and Ukraine, as well as some other countries, bitcoin is not formally prohibited but it's also not legal. In addition, the infrastructure is poorly developed, that is, potential places where bitcoin can be spent. Once this problem is solved, the cost of bitcoins in the market will go up.
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February 09, 2019, 02:13:19 PM
 #118

i think the price are quite stable  and that are not bad thing , the end of 2017 price was too hype of bitcoin and make bitcoin price are "overated " i think
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February 09, 2019, 10:02:54 PM
 #119

what is the another ways to lifted up the Value of bitcoins in the market?
Bitcoin is still down because the supplies is still high than the demands and this is cause because of the postponement of bakkt and other important events that could have changed the face of things.
I think the reason why the price of bitcoin falls is not only the effect of demand, but it may also be due to the influence of bad news that makes a lot of traders panic, making the price of bitcoin fall and difficult to rise because there is no good news that can make prices rise.
this bad news give negative influence to demand.investors worry with all negative news that coming to cryptocurrency market.this bearish trend already run more than one year so they were very stressed
That’s why all of us should be bold for making decision to hold and not to listen those ad news when can distract us, crypto currency is best way to make your life good to don’t listen to the bad news and hold your coin with such faith that it will certainly give you income for better life, we are investors so don’t be shy to invest and don’t listen those bad news.
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February 10, 2019, 01:31:10 AM
 #120

The only way we can lift the price or bitcoin market up is by trying to increase the level of demands, because since bitcoin operate on the economic law which states that demands is what determine the price once the demands get high then the market will lift again.
Thats right, the question is how to make demand go up very high? in early 2018, marketcaps could reach more than $ 200 million, currently only around $60 million, very small compared to last year. I think the way is to get investors to trust again to lift demand up

They will be, in the mean time we hold.

The price of Bitcoin is low, there is no denying that but I don't think we should really look at the price now. If you don't know, the price is better to invest when it is low amd it is low so it is better to invest now. Lets invest while the price is low as it might make us regret in the future when the price is high.
Yeah you're right, I think so that the right time to buy is when prices are low, it can also help the market increase marketcaps and crowds, but now people are still hesitant to buy, even though the price of bitcoin is already cheap?
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