Ninjastic
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Board Economics
Re: Why the price of bitcoin rapidly going down
by
Rose119
on 31/05/2018, 13:39:13 UTC
Quote from: Klausi on May 31, 2018, 01:17:54 PM
Quote from: hisuka on May 31, 2018, 01:02:40 PM
Quote from: Kakawate on May 31, 2018, 11:26:52 AM
Quote from: Athelstan Miller on March 19, 2018, 11:27:51 AM
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley

I think this is because of those fake news that are giving people in the cryptocommunity negative thoughts that creates a panic, we all know that when there is a panic, the whole cryptoworld is being greatly affected, and that is the reason why the leaders and creators of the cryptoworld is telling people to keep calm and wait.
Spreading false news affecting this rapidly going down of price. Yes fake news has contributes also with regards to these patience is our mostly keys to succeed. This is not forever on down price however, price will still be increase.
Yes, i also agree that fake news can affect the disposition of other investors towards cryptocurrencies. I am a believer of bitcoin and it will never change until its truly gone. For now, one thing we could help erase those fake news is to help spread that its fake and promote bitcoin continuously.

Fake news is really affect why bitcoin price going down especially if many investors easily believe on those fake news about bitcoin, but if you really believe in bitcoin you can't easily believe to that fake news .