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❓ASK Why the price of Bitcoin is dropping?

Maryanne22

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The # 1 reason why the price of Bitcoin is dropping is because the greediness of some mining company. instead of giving fair o their customers, they stealing the Bitcoin of they customer, how? They always saying is better to put your Bitcoin in the mining company that keeping in your wallet and so many sweet words. They're didn't know what they doing actually!. Their are the one who ruin the reputation of Bitcoin. Bitcoin is energy supposed to be in circulation. Their are the one who have a capacity to produce a Bitcoin. And for those, newbies in this industry. Like me!. I would say I learned by my experience. No more Bitcoin. I can live without it!
 
I can show you what will change your life for sure in the future. Very sure to reach $0.1 soon and currently price is below 3 sats. However I will need a reward for that. I get 100k of the coin from you. That's personal to me because It's a great favor considering facts I know.
hahaha don't mention dogecoin please
 
Ok if it's that cheep right now too easy let me know what is and I'll do my research, if I buy I'll throw 100K of it your way.
Ok if it's that cheep right now too easy let me know what is and I'll do my research, if I buy I'll throw 100K of it your way.
I have picked the best for you. Done the research and yes I know you should do your own research. That's the right thing, although it would be a waste of time, but it is necessary. so I support that. But my problem is
How can I be sure you will buy me 100k after you have bought?. A 100k of the coin would cost 0.0022 BTC. If you can send me that? I will show you coin.

Also you can see my website below. You can visit there to know that I am not just a scammer or whatever. I am legit and helpful but my problem is that I need funds to run my business. I have been helping people without getting anything in return, and it don't seem to be the best to me. So you

take the risk if you like. Actually it is not a risk because I have been with the team of this coin since 3 months and I know what is about to happen, but it will look scammy if I tried to convince you. So you make the choice. do it or leave it. I am only requesting for funds because I really need it. And the return you are going to get in the near future if you buy it is omg. Like I said right now, as I am writing, it is below 3 sats, and I know what is about to happen.
 
I get a feeling that BTC is still correcting after making a huge jump a couple of years ago. But it does feel bad for people like me who have invested in BTC seeing it stagnating or dropping. No one likes seeing their investment going down.
 
That is why I do tell people not to put there bitcoin on website that says they will help them to generate bitcoin. I don't trust them.
When they collect your bitcoin they use it to do business and paying you back like 10% of what they made. And some might even close there site and your bitcoin is goon.
 
It's basic demand and supply. If more and more people start to sell their Bitcoin for USD or the fiat currency. That would make the less demand for the bitcoin or any other coin. And that reduces the demand for the coin. And that reflects in the pricing of the product. I can tell you that in such case the market shows lower price.
 
The price of bitcoin dropped down to 3k$ before 2-3 months because people didnt invest more in bitcoins , if more people invest bitcoins , more is the price of bitcoin.
 
One of the most volatile currencies of this era or of all eras is Bitcoin. The price depends on the how hard it is for a machine to mine Bitcoins. It's not just mining the gauges the price of Bitcoin but so many other factors. A sudden fluctuation is also caused by a country's law in the world that either tightens the space for its usage or vice versa.
 
Well , now the bitcoin price is rising like a rocket . It's now 10.7k$ , and is expected to reach 15k$ very soon . And in the same way , the value of crypto can drop down to 3k$ too as it happened 3 months go when people were not buying bitcoins. If more people buy bitcoin , the value of bitcoin automatically rises.
 
It's kinda obvious for Bitcoin to drop in price , sometimes it rises and sometimes it drops down. We just need to buy btc at lower price and sell stuff high price which requires time and patience
 
I have once said it force of demand and supply but a member counter that a valid point that it could be as a result of those in control of Bitcoin circulation and cost of mining Bitcoin.
 
Hey there, so there was news and reports that suggested that as soon as a large amount of bitcoin was sold in the market, the overall value of bitcoin fell as a result - this is one of the reasons why the price fell below $7k
 
When the price goes to let say $9500 tomorrow there will definitely be huge amount of Bitcoin in circulation cos those who had it @ $5000 will want to sell for 90% gain so in few days it could drop to $7000 due excess sellers than buyers.
 
Bitcoin is going down because there are currently more sellers than buyers.

The halvening is coming up in about 1 month which means that there will be fewer new bitcoins to come onto the market. This reduction in the new supply will help to put upward pressure on the price for the rest of the year.

We will see how right or wrong I am in a year or so.
 
If the demand for Bitcoin is steady on the rise and the price keep rising gradually there's high tendency for a rise during and after the Halving as only few bitcoins will be released this year.
 
The reason for the low price of bitcoin this year is due to the Corona virus, which has spread around the world and led to a very large market deterioration.
 

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