Post
Topic
Board Economics
Re: What is the most influential factor that triggers bitcoin prices to fall down?
by
geopolisch
on 10/07/2018, 05:54:23 UTC
Bitcoin is very volatile. It goes up and down at no time. But I started to think what causes its values to go down. These past few days, its prices are notably lower that last year's values. Last year, I believe, during the first few months, its prices are likewise low. Do bitcoin prices go down every January to February? Does it have a logical association?
I think it’s bad Press. Whenever the Press says something bad about bitcoin and you will see some people they will start carrying such news around in the forum and making others to panic, before you know there are already others that are selling out their bitcoin out of panic.

If people will just learn to keep calm despite whatever they media says,,  then it will really help the community a lot,  cause all these are tricks that are being played by the whales to force people to sell out so they will buy many coins at the cheaper rate.