Why is the bitcoin price going down

kritika25

Newbie
Joined
Apr 7, 2018
Messages
6
Reaction score
0
Hello Mates, I am Kritika. I am an investor. I wanna know why is crypto price going down? When Will it come on stable stage? Thanks in advance!
 
incoming "Bitcoin has no real value" posts! Beware, I've warned ya! (also mickyfu might appear too)
 
If you're an investor, then you'd know nobody can tell you for sure when it will stop falling ( unless it reaches zero / worthless levels ) nor when it will come back.
 
Yes price fluctuation depends on media news.
 
Bitcoins price is based on sentiments right from the start till date media has played a witch hunt against it, the move by India is bad, however bitcoins follow laws of what goes down has to rise back, so buy or just hodl and believe in it.
 
You can use it for various services you just need to know well to use it.
 
Bitcoins price is based on sentiments right from the start till date media has played a witch hunt against it, the move by India is bad, however bitcoins follow laws of what goes down has to rise back, so buy or just hodl and believe in it.

serious response alert: not necessarily the big problem with the hype created around Bitcoin is the misguided belief that the coin is the tech and that the tech will change the world. blockchain can be implemented in many ways with or without bitcoin. Blockchains success is not dependant on Bitcoin. To assume so is like saying Cars are dependant on Ford. Ford can go bust and there will still be cars. Bitcoin can go to the dogs and there will still be blockchain. Bitcoin is cumbersome, lacks liquidity, lacks general use case implementation is easily copied therefore is doomed as anything other than a hype train.
 
Because more people are selling than buying... When more people are buying the price goes up, when they stop buying and some people are selling the price goes down. That is how everything works, including crypto prices.
 
I'm putting my coin on market soon, its called ''MyPoopCoin'' its limited supply (based on DNA blockchain, cant fake this shit!), give or take hash/poop rate is around 1-2 kg - weekly, not sure how much pounds that it, does not matter wont be availabe for USA investors anyway, due to SEC regulations. PM me for real AIRdrop, with your geo coordinates for easy pickup.

Joking for sure, but really fundementally, I dont see how that is much diferent, even better its environmentally friendly, no need to burn coal etc. resources to build useless machines and waste eletricty, just for pointless task of moving eletrons around.
 
Back
Top