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Author Topic: Why is Bitcoin Down?  (Read 4002 times)

Offline OKI AL AZIZ

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Re: Why is Bitcoin Down?
« Reply #45 on: September 25, 2018, 03:05:41 PM »
We can usually see that when Bitcoin is dropping, the other altcoins are dropping even harder. It's not always the case, but most of the time, altcoins are still dependent on Bitcoin's price and overreact. If Bitcoin falls, they fall harder, and if it goes up, altcoins are going up even faster.
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Re: Why is Bitcoin Down?
« Reply #45 on: September 25, 2018, 03:05:41 PM »

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Offline Mbah Jenggot

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Re: Why is Bitcoin Down?
« Reply #47 on: September 25, 2018, 03:45:12 PM »
Looking as to why bitcoin is down

I think the reason why bitcoin is down because at several country the government bans bitcoin. It will affect the demand of bitcoin.

Offline expander

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Re: Why is Bitcoin Down?
« Reply #48 on: October 20, 2018, 08:55:28 AM »
There are several factors that cause the decline in bitcoin prices. One of the biggest influences is the amount or lack of market demand for bitcoin. So if asked why the price of bitcoin is currently down, it could be because the market demand for bitcoin is reduced a lot.

 

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