Post
Topic
Board Economics
Re: Why the price of bitcoin rapidly going down
by
icreative998
on 14/08/2018, 17:50:59 UTC
The news in term of development are actually decent, with LN getting closer to a release, so I think this is just temporary. Smiley
The most obvious reason is that Bitcoin prices are the strongest, which is the sell-off psychology from investors. Young trader and inexperienced trader easily fall into panic when the market shows signs of decline, followed by a wave of selling off and the situation becomes worse.