Why is Bitcoin Down?

[Lanirex]

The rise and fall of Bitcoin prices is common, and this is also a lot of factors that influence it. And in my opinion, Bitcoin is falling now because many people are selling their coins, so the supply is more than demand, this is what caused the fall in the price of Bitcoin.

[elbans89]

Looking as to why bitcoin is down

The reason why bitcoin is down. Because many negative issue againts bitcoin, and several country ban bitcoin.

[masudginanjar]

because Bitcoin has a full point of trading for profit taking by traders.
before you fly high it might be better for you to be grateful for the profit you got from Bitcoin, before Bitcoin dropped in price.

[Master107]

Actually, every year they says bitcoin went up and down. If it goes down there will be increase in the proper time. So everything falls in the right time of bitcoin system. Pretty sure it will rise again. Just wait and be patient.

[skinhead]

It is not only Bitcoin market price value that are dropping,as i have seen in the blockfolio it is all the crypto coin that are decreasing including altcoins.It's better to buy more now while the price value are still low and cheap.

[rizqillah]

Looking as to why bitcoin is down

There is several factor why bitcoin is down. The negative issue is main factor.

[Kyoshiro]

There would be really a time that bitcoin would have it low value. Most of the reasons why it goes down is that the demand of bitcoin is lower meaning users do not invest their money in bitcoin. Also people try to manipulate the market so when they want it to get had higher, it goes. In Chinese issue, since their government tries to ban bitcoin, their is a high risk that bitcoin might fail but I do think that it would not be valueless.

[therozaq]

Looking as to why bitcoin is down

By seeing this economy condition now, The fiat money also decrease cause of the USD. Maybe It is crysis of currency.

[Jun]

my opinion  why bitcoin going down there are factors should we consider. many  prefer to sell their coins this is one of the reason bitcoin goes down,remember bitcoin coins is currency if there  is crisis of economy's it effects also in bitcoin. but for a wise investor this is time to hold more coins

[bayiajaib]

Looking as to why bitcoin is down

I think It is the negative issue affect. It is market correction. Bitcoin will rise again soon.

[TiffanyLien23]

Bitcoin value was so low it might be the reason was the tragedy was happening of a hack at a relatively small South Korean exchange seemed to have triggered some of the weekend losses, but some traders said selling was also exacerbated by investors hitting "stop losses," selling their bitcoins when they reached a certain price.

[Nanagyasi]

 The current dip was not foreseen at all. For a moment, I felt we were back onto the track for bull run.  I believe the FUD about btc has grown so much in the recent days and hence the weaker ones keep dumping btc. Let's hope for a rise within the coming weeks

[Adp]

too many fud to this bitcoin make the price keep down
the newest is Founder of Crypto Exchange OKEx Allegedly Detained on Crypto Fraud Charges in China

link : https://cointelegraph.com/news/breaking-founder-of-crypto-exchange-okex-allegedly-detained-on-crypto-fraud-charges-in-china

[densuj]

Looking as to why bitcoin is down

Here is the reason why bitcoin is down
Bitcoin Drops to One-Month Low as Silk Road Wallet Cashes Out: BTCManager’s Week in Review
The price of bitcoin dropped by 12 percent week-on-week after a Silk Road-related wallet holding 111,114.615 BTC and BCH, among other forks, - worth over one billion dollars - moved coins for the first time in four years, which many took as a sign that the wallet holder was about to cash out.

 - Read More https://btcmanager.com/bitcoin-drops-to-one-month-low-as-silk-road-wallet-cashes-out-btcmanagers-week-in-review/

[Gedang goreng]

Negative issues still affect the good name of bitcoin in various countries, there is a price game behind this too ..