Post
Topic
Board Speculation
Re: Why Bitcoin Price is going down ?
by
HasHe
on 12/07/2017, 11:00:28 UTC
Hello dear Bitcoiners


I'm seeing the chart in red lines, that the bitcoin price is going down; Why that's happening?


The price fall is due to panic selling by newbies due to fear of hard fork which they expect that it would happen after august 1.They think that they would loose all their bitcoins and so they just want to sell it for cash.Some big whales are making use of this opportunity and buying bitcoins at cheap price.