Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Claus on October 18, 2018, 01:37:37 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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I think the one most reason why bitcoin price is falling because of the thing banning on the big countries. Because some investors are decreasing because of that issue so that many people are just dumping their bitcoin. But I hope bitcoin will not gonna fall so down and gonna pump soon, and I hope bitcoin will have a new project that will make it pump again.
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Nothing is impossible because the cryptocurrency is always pluctuating, Bitcoin may drop its price to 1 USD but maybe all of it buys with all the money they have.
Bitcoin is very expensive now.
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The fall of Bitcoin is most likely due to the large number of traders who sell their Bitcoin in large numbers and in consecutive time. So that Bitcoin will go down slowly. Followed by users and other Bitcoin owners who panicked when prices dropped, and they sold their Bitcoin at a cheap price. So that Bitcoin is increasingly falling in price.
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Actually, there are no serious reasons for its growth. Bitcoin has a price of about six and a half thousand dollars and has a throughput of seven transactions per second. This is when many prospective coins already have hundreds of thousands of transactions per second and at the same time also almost zero commission fees. So who should grow in price?
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BITCOIN is still "the king" and its price has fallen down less than all others altcoins so this is a good signal compared to altcoins. However BTC problems are still the same and are not solved: slow transactions with HIGH transaction fees.
Bitcoin Cash partially solve this but many people do not like it so I think that BTC dominance will stand in next future.
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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!
In my opinion It just market correction. There is many negative issue. I think it will rise and more stable again.
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this year is not a bitcoin year, bitcoin has a pretty much setback in terms of price but not just bitcoin that has setbacks but almost all big coins that have their own market,
I think the biggest reason for this setback is that I think because of the rise of ico scams, and I think it would be nice if there was a legal entity coordinating each ico so that there would be no more scam that was unsettling to investors,
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The biggest possibility of Bitcoin falling due to negative issues and the absence of users who bought it again and there are many users who sell Bitcoin with a large amount that causes the price of Bitcoin to decline. Followed by the number of users who panicked when prices dropped causing them to sell their bitcoin, and the automation of bitcoin prices dropped further. Hopefully in the future Bitcoin will be even better.
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the unstable crypto market makes many people are frustrated. now the crypto prices are starting to crawl up, as well as btc. we can only hope that the price of BTC will continue to rise and stabilize.
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Inside my individual thoughts and opinions I think a lot of people purchased bitcoin as a result of only determined opinion, that they imagined your opinion will certainly build a significant FOMO that could create a lot of people for you to bounce straight into cryptos and initiate committing which will make the retail price for you to bounce substantially. Nevertheless, opinion has broken with no very much convey . for the crypto marketplace and many men and women commenced offering off to look at minor earnings they have got achieved. I do think probably that's why bitcoin price tag will go along.
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Due to so many issues starting from this year,, bitcoin has been falling and still people didn't give up. So in the nearby future,, a those ban from different countries will be uplift
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One of another falling bitcoin because fake rumors, FUD or bad news. Also bitcoin falling because people absolutely abandoned bitcoin
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I think the reason why bitcoin is falling is due to the growing numbers of crypto coins everyday and many investors are selling their bitcoin and diverted their investment to new coins which they think profitable too.
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I think the reason for the fall of bitcoin is because many traders sell bitcoin, the more they sell, the crypto price weakens, bad news is also one of the weakening of bitcoin prices.
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There isn't any specific reason for the fall of BTC in value that we already don't know. The market is slow which obviously causes the issue of going down so in time hopefully we'll see a bump in activity which will increase its prices. Hopefully we'll see a bump in value in the coming month.
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we can only hope that BTC prices will continue to increase and stabilize. The unstable crypto market makes many people frustrated. now the price of crypto is starting to crawl up, so is the BTC.
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One reason is that when prices rise, everyone sells large amounts of bitcoin. And that causes uncontrolled dumping for bitcoin. But I hope that bitcoin will not fall again to the lowest level for this year.
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The fall of bitcoin is not literally means falling rather it means just decreasing of value. Bitcoin can handle whatsoever the circumstances to happen during red time or green time. It is stronger than any tokens in crypto more hope that bitcoin will recover as soon as possible.
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The reason behind the fall in the price of Bitcoin is the sale of Bitcoin and panic everywhere. This is because there is a decline. If sales occur everywhere, then Bitcoin will automatically drop slowly or even immediately drop, and this situation causes many people to panic and sell their coins, and cause the price of Bitcoin to drop further.
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There are many reasons for dumping bitcoin price.. The main reason is that banning bitcoin in friendly countries, holding bitcoin, and disagree of traders and investors.
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Bitcoin falls because of our own actions. So we made a big sale which caused the price of bitcoin to plummet. Or maybe there are people who sell Bitcoin on a large scale, causing the price of Bitcoin to continue to fall, not to mention followed by many people who panic, so that the Bitcoin added Down.
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Bitcoin falls because of our own actions. So we made a big sale which caused the price of bitcoin to plummet. Or maybe there are people who sell Bitcoin on a large scale, causing the price of Bitcoin to continue to fall, not to mention followed by many people who panic, so that the Bitcoin added Down.
Yes I agree with you, the fall in the price of bitcoin is because traders in the market mostly sell their bitcoin, so that the price of bitcoin falls. And also negative news from around the world in the name of bitcoin can affect the price of bitcoin on the market.
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I think the reason behind bitcoin fall is that investors are decreasing now due to the current state of the crypto market. Aside that, people are dumping their coins and other people speculating negative rumours about cryptocurrency.
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I guess It may be the impacts of the low interest of people to invest in bitcoin and the rejection of ETF proposal by SEC. These things have big influences to the development of bitcoin and its rate in market.
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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!
I think the most possible reason is the unwillingness of the investors. When btc price gone to the high that time some country decided that the bitcoin ban. I think this is the important one.
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I think why the price of Bitcoin fell from the price of $ 19,000 late last year and now it's $ 6200 because the cycle of turnover is common in the stock business. Because there is no price that will increase continuously, there will definitely be a price decline in the exchange, so I think when the price of bitcoin is declining it is better to buy fast.
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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!
I guess for now is due to increase scam rate, monkey see monkey do attitude when one crypto adopter leave the rest just follow. I believe important things like ETF do play a big part by the many rejections.
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Bitcoin has recently not gone anywhere, it has become, surprisingly, very stable in its price. True, we do not know how long this price stability will last and in which direction it will continue to move. We hope that in the past two months bitcoin will traditionally increase in price, but it is rather unpredictable, and this year is generally very special.
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Becoz many investors are selling their bitcoin and diverted their investment to new coins which they think profitable too.
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the panic sellers who behind the falling of bitcoin and I don't think bitcoin will go down more because bitcoin is still around $6k, it seems it will never go down below $6k.
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The number of hackers and countries that do not accept bitcoin makes this coin fall below $7k,for a long time around 3 months bitcoin has remained below $7k and I will still wait for any decision from Sec, I think bitcoin hasn't collapsed and this is crypto, crypto has a price that is not easy to predict.
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nothing is not possible due to the fact the cryptocurrency is usually pluctuating, Bitcoin can also drop its price to at least one USD but maybe all of it buys with all of the cash they have got.
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I think it is because of the market is still down, that bitcoin is falling now. We should still think positive that the market will recovers and the bitcoin will pump again.
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There are tons of reasons for the falling Bitcoin with any other coins in the market. You might accuse cycle, whales or small investors but there is not only one reason behind all of these.
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As you can see, bitcoin does not want to fall below 6000$, and if it approaches this mark, it is immediately restored back. It is difficult to say what provokes market for falling, usually different news and big players who leave the cryptocurrency market.
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I follow the movement of bitcoin and found out that it remains in 6k not touching 5k price. It means if bitcoin will drops below 6k, we are in serious decline matter because it could be the real dead of bitcoin once reaching 3k below.
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There are so many reasons why Bitcoin is falling and each one of have our own idea and for me I think the reason of falling is due to the increasing number of Altcoins introduce in the market and investors are selling their crypto investment and diverted it to new project which they think can provide them a big amount of profit.
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Don't pay attention to this and look for some reasons where cryptocurrency falls in value. The condition that occurred was the impact of a decline in trust and there was also a process of dumping the price of Bitcoin. This kind of thing is unavoidable because this process occurs systematically, all we can do is not follow the flow of panic and keep calm. Calmly, we just need to wait and I'm sure with that, the price will return to normal again gradually.
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Many are actually the reasons behind the fall of Bitcoin. in my personal opinion, there are large numbers of users who sell Bitcoin and other crypto on a large scale in a relatively short time and cause a lot of decline against Bitcoin. Not to mention those who panicked and chose to sell Bitcoin, which caused the price of Bitcoin to fall.
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In my opinion, current bitcoin prices tend to decline, because there are many negative problems with bitcoin. But I'm sure, bitcoin can still be a long-term investment and its value will rise again.