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Topic: Bitcoin plunges currently at $929! - page 3. (Read 2703 times)

legendary
Activity: 938
Merit: 1000
March 24, 2017, 05:53:20 PM
#6
This belongs on the Speculation board, or better yet just joining one of the already dozen or so existing threads in the Speculation section. Oh how I miss newbie jail.
hero member
Activity: 826
Merit: 1004
March 24, 2017, 05:52:48 PM
#5
It basically because the number of buyers are less than number of sellers .
If you see on BFXdata it shows that sells account for 52% of trades and 55% of trades are of selling on bitfinex platform, this surely the aftermath of china's inspecting exchanges or maybe there is some other reason
full member
Activity: 302
Merit: 100
March 24, 2017, 05:49:56 PM
#4
My view is its that any needful dev will face the same impass as the blocksize debate, so people are looking elsewhere for solutions.

Dash has a dev consensus and insta send, but a huge issue will premine, However dash has hooked in the MN (miners of dev) to want to act in a unified manner by offering a % income which also has made coin scarcity.

Eth has not so big an issue. Though it did have its DOA debacle

Why would people come back to BTC?

It quite amazing to watch the BTC community squander billions in value. Eventually the miners will be left with bricks at this rate, and core or bu wont matter.

Yes, retarded!


I just can't figure why they can't come to some agreement instead of making a pissing contest.
sr. member
Activity: 368
Merit: 266
March 24, 2017, 05:48:20 PM
#3
The market has a mind of its own.  I don't think anybody has enough power to manipulate the market without community involvement.  It just may be the right time for the market to correct itself for awhile.  Don't get feared and do anything rash!
legendary
Activity: 2632
Merit: 1023
March 24, 2017, 05:47:28 PM
#2
My view is its that any needful dev will face the same impass as the blocksize debate, so people are looking elsewhere for solutions.

Dash has a dev consensus and insta send, but a huge issue will premine, However dash has hooked in the MN (miners of dev) to want to act in a unified manner by offering a % income which also has made coin scarcity.

Eth has not so big an issue. Though it did have its DOA debacle

Why would people come back to BTC?

It quite amazing to watch the BTC community squander billions in value. Eventually the miners will be left with bricks at this rate, and core or bu wont matter.
full member
Activity: 302
Merit: 100
March 24, 2017, 05:41:14 PM
#1


What's causing this drop?
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