The price of bitcoin is decrease day by day

[Shajedul Hasan 2]

Bitcoin‘s value may be command down by scammers seeking to liquidate a minimum of $2 billion price of cryptocurrency happiness to at least one of the biggest ever Ponzi schemes, PlusToken.

That’s per blockchain firm Chainalysis, that says it’s half-track roughly forty five,000 BTC ($302 million) and 800,000 ETH ($102 million) sent from PlusToken’s operational wallets to individual addresses closely-held by the scammers themselves.

The firm noted — virtually ominously — that twenty,000 BTC (worth over $134 million) continues to be waiting to be drop.

“Given this analysis and therefore the effects we’ve discovered thus far, liquidations of huge amounts of illicitly obtained funds area unit seemingly to drive down the worth of cryptocurrencies,” it said.

PlusToken, the Chinese BitConnect
Much like different Bitcoin-fueled Ponzis, the PlusToken scam swindled investors out of their cryptocurrency by promising high returns.

All patrons had to try and do was acquire the and cryptocurrency with Bitcoin $BTC▼3.76% and Ether, and they’d supposedly generate remunerative profits from exchange dividends, mining financial gain, and referral bonuses mechanically.

Chainalysis additionally noted that many Chinese exchanges listed and, and its value hit a peak of $350 because it gathered investments from many folks. Readers conversant in the BitConnect con area unit seemingly feeling a powerful sense of reminder right regarding currently.

In total, the PlusToken Ponzi is believed to possess accumulated one hundred eighty,000 BTC, 6,400,000 ETH, 110,000 USDT, and fifty three OMG from its victims. These amounts equate to roughly $2 billion.

[Fatihgani12 348]

Well maybe you can invest and trade in binance or yobit and get results from the website sirtus.

[Sohel Rana 406]

16 hours ago, Shajedul Hasan said:

Bitcoin‘s value may be command down by scammers seeking to liquidate a minimum of $2 billion price of cryptocurrency happiness to at least one of the biggest ever Ponzi schemes, PlusToken.

That’s per blockchain firm Chainalysis, that says it’s half-track roughly forty five,000 BTC ($302 million) and 800,000 ETH ($102 million) sent from PlusToken’s operational wallets to individual addresses closely-held by the scammers themselves.

The firm noted — virtually ominously — that twenty,000 BTC (worth over $134 million) continues to be waiting to be drop.

“Given this analysis and therefore the effects we’ve discovered thus far, liquidations of huge amounts of illicitly obtained funds area unit seemingly to drive down the worth of cryptocurrencies,” it said.

PlusToken, the Chinese BitConnect
Much like different Bitcoin-fueled Ponzis, the PlusToken scam swindled investors out of their cryptocurrency by promising high returns.

All patrons had to try and do was acquire the and cryptocurrency with Bitcoin $BTC▼3.76% and Ether, and they’d supposedly generate remunerative profits from exchange dividends, mining financial gain, and referral bonuses mechanically.

Chainalysis additionally noted that many Chinese exchanges listed and, and its value hit a peak of $350 because it gathered investments from many folks. Readers conversant in the BitConnect con area unit seemingly feeling a powerful sense of reminder right regarding currently.

In total, the PlusToken Ponzi is believed to possess accumulated one hundred eighty,000 BTC, 6,400,000 ETH, 110,000 USDT, and fifty three OMG from its victims. These amounts equate to roughly $2 billion.

Thanks for share this information about cryptocurrency price and market conditions.     

If you see last few years crypto market conditions I think you should better understand. 

Last few years bitcoin price and others alt coin price manipulation. Maximum reason are fundamental and bad and good news.      

[Win 1015]

Maybe next year btc will rise up it will pump until 10-15k usd..hope it will happen.ilost lot of btc now hayst

[patitaycute 648]

The last quarter of this year was not good for Bitcoin because of continuously dropping of the value of Bitcoin. Many believe that next year Bitcoin will pump up to its strong value.

[Naylor89 1223]

I think one of the reason is because there are so many panic seller which is we can call them a newbie in crypto world, if anyone could reduce a panic seller I think the problem will solved.

[nykas 2812]

I think that volatility is normal part of every market, so we don`t need to anxious about this aspect of crypto market we need to observe changes in technology 

[thiscomm 306]

don't know how long bitcoin prices will continue to fall. this situation is very worrying because when bitcoin continues to decline the effect will also affect altc.

[Agios 1763]

Now the price of Bitcoin is falling day by day to reach the bottom level price. and then the price will rise again. So this is the right time to buy Bitcoin and save it to wait for prices to rise.

[Ankit Nepal 719]

Over a month ago the price of bitcoin began to fall. But don't worry i am sure that the price of bitcoin will rise again in 2020 up to $10000. Bitcoin will rise again like a rocket.

[Emma 611]

I think we started to see the bull movements of bitcoin again. Recently i saw the price is about 2% pump now. it may a good signal

[guatazoo 7150]

Don't you worry the price is now heading up and it will not stop till it get that 8k, this could happen before december ends.

[Tasrif Hossain 271]

Bitcoin price decirise day by day.  This main reason is wahels manipulatio.  They can create a panic situation and market prices is very low. Than low investor can be sell this time his coin than he can sell coin and he lose his profi.  This is one of the big reason for bitcoin price Down            

[sdsonjoy50 886]

Yes, the price of bitcoin has been declining day by day, but the situation of bitcoin in the last few years shows that although the price of bitcoin is down at the end of the year, the price of bitcoin will rise again from January to May, and the price of bitcoin is likely to be 20k in 2020.

[Pearls Before Swine 815]

I have no freakin' clue what OP's post is about.  He seems to be rambling on about something, but I'm not sure what that is.

 

As far as bitcoin going down, it's only been a few days since the drop so this 'day by day' stuff just isn't valid.  And you ought to expect bitcoin to act like this, because it's a very volatile asset that tends to make very dramatic price movements.  I've definitely seen a lot worse in the past few years.  This is nothing compared to 2013.

[vivek jain 308]

 

Well, as we expected yesterday, the price of bitcoin dumped to the $6600 support zone. Currently, on RSI chart we can see something which pretends to look like a convergence, but the second low point is located slightly below the first one. Despite it is a very weak bullish sign, it is still a sign. 

Moreover, we can see a positive reaction to the support level, volumes are good too. In my opinion, I described enough factors for the price to go upwards from current points, at least in order to do a correction of the recent dump. Targets for this movement are $6725 and $6855. If the price takes hold above the second target, $BTC would come back above $7000.

 

[teminalibug 309]

2 minutes ago, Ahmed dip said:

Bitcoin is a cryptocurrency, a digital asset designed to work as a medium of ... Finney downloaded the bitcoin software the day it was released, and received 10 bitcoins from Nakamoto ......

You clearly are discussing a very different discussion here, mate, we are talking about the price of bitcoin not the history.

[BenAnn 23]

• The cryptocurrency market decline might have been caused by PlusToken scam.
• Bitcoin is vulnerable to further losses as critical support gives way.

BTC/USD has resumed the decline after a period of consolidation. It seems to be a tradition to stay idle in Asia and Europe and sell Bitcoin ahead of the US opening. At the time of writing,  BTC/ISD is changing hands at $6,470 with the downside momentum gaining traction on the breakthrough below $6,600. The first digital asset has lost over 5% on a day-to-day basis and retested the Asian low. 

Meanwhile, the experts from  Chainalysis believe that this is a natural development under the current circumstances.  

[Interface User 1070]

I wish everything will be okay in the future. This challenge in decreasing value of Bitcoin is alarming for me as a newbie. I hope this is just normal movement of a coin.

[Naylor89 1223]

Yes, this is normal for the market. the continued decline in the market is mainly due to people's panic sales, there are many reasons for these panic, such as whale action.

[jerry9837 105]

yes you are right price of bitcoin is decreasing day by day so its better to hold some amount in your wallet for future because i have faced that thing when i started in crypto bitcoin was 800$ i earned alot that time almost 0.09 that time it was not much but according to price of now it huge amount so its gud to hold some amount for sure

[Afrizal rahman 2636]

Yes I see a decline always happening day to day. for this reason I am happy to hold it first and wait for prices to rise again as usual. need patience in that.

[SyntaxEr. 709]

6 hours ago, mdmusa said:

Yes. Bitcoin prices are falling now. Opportunity to buy Bitcoin right now. Now the opportunity to hold Bitcoin. Next year, we expect bitcoin prices to double.

Nope bitcoin already recovers from 6k range to 7k now.  I salute those solid bitcoin traders who bought at dip because now they made an easy profit within a couple of days.

[Sumayya 493]

Bitcoin is going down starting from October, the price of Bitcoin is not on a steady scale. The price is still in bearish

[Sahbana 212]

Actually with the price of bitcoin from day to day that continues to fall, we can take the positive side by buying as much as possible with our financial capabilities. Take advantage of every advantage of everything.