Quote from: novakamena on October 11, 2018, 07:23:20 PM

Quote from: syamster on October 11, 2018, 06:45:33 PM

Quote from: Newer on October 07, 2018, 08:21:22 AM

The existence of negative news about bitcoin that can affect the decline in bitcoin prices, supply and demand can also affect the price of bitcoin. If bidding is more than demand, the price of bitcoin will drop and if demand is more than bidding, the price of bitcoin will rise.

Yeah it happens when a lot of people says bad about anything so it affect the market t value and the price of that specific object, so does happen to bitcoin, it is not good to let such thing effect our income, the other thing is panic selling, it makes price low, most of time sharks and manipulating whales use to sell at panic just to make the price down and then again they buy at cheap price so never sell at panic, it could be a way to trap your profit and this act of you will make price down.

Because everything moves so quickly, words and opinions have significant effects on the price of Bitcoin.if a major news source reports that the price of Bitcoin is headed upward, investors rush to buy BTC, which then causes the price to move upward.The same can be true of negative press.

Well now that the price is really low, i think one factor of it is the panicking selling that due to afraid of losing their money they sell it even at low price . they choose to cut of all the investment in bitcoin rather than waiting for the price to get high. Also the due low demand of the bitcoin and the supply is really it also affect the value of bitcoin.