Post
Topic
Board Bitcoin Discussion
Re: Reasons behind Bitcoin/Cryptomarket fall???
by
gorokill
on 11/10/2018, 13:47:05 UTC
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
Volatility factor is still the main cause of price decline Bitcoin because bitcoin prices are rapidly changing and difficult to predict. Another thing that causes the decline in Bitcoin prices is the spread of negative news and banned by some countries, consequently a lot of panics that occurs to investors and creates a lot of panic sales so that the market is filled with sellers rather than buyers, the price automatically goes down.