Bitcoin price. Reason | Bitcointalksearch.org

NotHatinJustTrollin

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Quote from: twister on February 26, 2015, 05:22:41 AM

Quote from: Ume on February 26, 2015, 03:53:22 AM

Quote from: HarmonLi on February 25, 2015, 07:01:57 PM

Quote from: Ume on February 24, 2015, 11:18:20 PM

Bitcoin price is dropping because they want to stable usd ?
As we see that bitcoin was using massively more than usd but Us$ adopter dump bitcoin to stable bitcoin wth ? They think that they can lower the price of bitcoin to increase the price of usd which is not possible i think . Guys if i am wron please guide me whybthe price is dropping or at 230

I don't really understand the question? 'Who' do you mean? There's no single authority that decides about the price of Bitcoin. It's a free and unregulated market that decides the price of Bitcoin.

I mean that we see that usd was dropping massively . As government or whatever thinks the reason behind the price is btc . Thats why the btc dropped to 250$. Because they want to .

No, I don't think they can manipulate the price of BTC. I think it's just self stabilizing and it's good because a lot of people were complaining how it's too volatile, so now it's stable but people are never happy and now they're saying it's not going up.

lol at "stable". There is no stability. It's just sitting in a little consolidation before the next big move either up or down.
Imma say "down" but that's just me.

In any case, forget about "stability".

twister

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Quote from: Ume on February 26, 2015, 03:53:22 AM

Quote from: HarmonLi on February 25, 2015, 07:01:57 PM

Quote from: Ume on February 24, 2015, 11:18:20 PM

Bitcoin price is dropping because they want to stable usd ?
As we see that bitcoin was using massively more than usd but Us$ adopter dump bitcoin to stable bitcoin wth ? They think that they can lower the price of bitcoin to increase the price of usd which is not possible i think . Guys if i am wron please guide me whybthe price is dropping or at 230

I don't really understand the question? 'Who' do you mean? There's no single authority that decides about the price of Bitcoin. It's a free and unregulated market that decides the price of Bitcoin.

I mean that we see that usd was dropping massively . As government or whatever thinks the reason behind the price is btc . Thats why the btc dropped to 250$. Because they want to .

No, I don't think they can manipulate the price of BTC. I think it's just self stabilizing and it's good because a lot of people were complaining how it's too volatile, so now it's stable but people are never happy and now they're saying it's not going up.

Ume

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Quote from: HarmonLi on February 25, 2015, 07:01:57 PM

Quote from: Ume on February 24, 2015, 11:18:20 PM

Bitcoin price is dropping because they want to stable usd ?
As we see that bitcoin was using massively more than usd but Us$ adopter dump bitcoin to stable bitcoin wth ? They think that they can lower the price of bitcoin to increase the price of usd which is not possible i think . Guys if i am wron please guide me whybthe price is dropping or at 230

I don't really understand the question? 'Who' do you mean? There's no single authority that decides about the price of Bitcoin. It's a free and unregulated market that decides the price of Bitcoin.

I mean that we see that usd was dropping massively . As government or whatever thinks the reason behind the price is btc . Thats why the btc dropped to 250$. Because they want to .

HarmonLi

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Quote from: Ume on February 24, 2015, 11:18:20 PM

Bitcoin price is dropping because they want to stable usd ?
As we see that bitcoin was using massively more than usd but Us$ adopter dump bitcoin to stable bitcoin wth ? They think that they can lower the price of bitcoin to increase the price of usd which is not possible i think . Guys if i am wron please guide me whybthe price is dropping or at 230

I don't really understand the question? 'Who' do you mean? There's no single authority that decides about the price of Bitcoin. It's a free and unregulated market that decides the price of Bitcoin.

ajareselde

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Quote from: uki on February 25, 2015, 07:16:08 AM

Quote from: viboracecata on February 25, 2015, 02:55:39 AM

The recent drop may have relationship to the auction

Absolutely not. Take a look at the first auction - it had indeed huge impact on the price of Bitcoin. Then there was the second auction which hardly any impact on the price. Now take this third auction and compare the price changes. Btw., I don't think the bitcoins from the auction will see the market any time soon.

Since previous auctions had no problem finding buyer at much higher prices, there will be no problems either. And i agree that the coins are not likely to be seen on the market anytime soon.
I think its soon time to hord coins, not dump them, or atleast thats what one could interpret from recent press/news.

cheers

RodeoX

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Don't worry OP, the government is not involved. I'm not even sure which one you mean. If you mean the US gove, I'm quite sure they have no clue what a bitcoin is or how to even use them. No to mention that it may be illegal to spend tax dollars on such a operation.

Lastly, it would never work and anyone who studied it would quickly see that. It's simply not logical even if some government wanted it.

carlosiness

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the price is the same for a while, no drop.

tss

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i don't think i understand op's actual statement. btc is not dropping due to raising usd value but dropping btc hype and production costs.

dothebeats

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Quote from: waterpile on February 25, 2015, 07:23:22 AM

Quote from: Ume on February 24, 2015, 11:18:20 PM

Bitcoin price is dropping because they want to stable usd ?
As we see that bitcoin was using massively more than usd but Us$ adopter dump bitcoin to stable bitcoin wth ? They think that they can lower the price of bitcoin to increase the price of usd which is not possible i think . Guys if i am wron please guide me whybthe price is dropping or at 230

Mining farms needs to sell some newly mined coins thats what in my mind right now and the price will still go down.

Agree. The supply from the miners greatly pressures the demand in the market, and as a result, a decline in the price.

dothebeats

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Hmm. There seems to be no solid reason as to why the US govt. want to manipulate the price of bitcoin. There might be some other factors other than these conspiracy theories. Take the miners and weak hand sellers for example. The constant dumping of coins in the market plays a vital role in the decline of price. The supply of bitcoin greatly overshadows that of the demand of it, and it's safe to say that this recent price drop is all because of the dumping of coins, and not the US gov't manipulating the price.

uki

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Quote from: picolo on February 25, 2015, 09:16:16 AM

Quote from: Ume on February 24, 2015, 11:18:20 PM

Bitcoin price is dropping because they want to stable usd ?
As we see that bitcoin was using massively more than usd but Us$ adopter dump bitcoin to stable bitcoin wth ? They think that they can lower the price of bitcoin to increase the price of usd which is not possible i think . Guys if i am wron please guide me whybthe price is dropping or at 230

The USD has been going up for months against all other currencies.

and will continue to do that for quite foreseeable future. As long as it is backed by the US military force and FED's printing press.

koelen3

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Quote from: picolo on February 25, 2015, 09:16:16 AM

Quote from: Ume on February 24, 2015, 11:18:20 PM

Bitcoin price is dropping because they want to stable usd ?
As we see that bitcoin was using massively more than usd but Us$ adopter dump bitcoin to stable bitcoin wth ? They think that they can lower the price of bitcoin to increase the price of usd which is not possible i think . Guys if i am wron please guide me whybthe price is dropping or at 230

The USD has been going up for months against all other currencies.

And bitcoin down

picolo

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Quote from: Ume on February 24, 2015, 11:18:20 PM

Bitcoin price is dropping because they want to stable usd ?
As we see that bitcoin was using massively more than usd but Us$ adopter dump bitcoin to stable bitcoin wth ? They think that they can lower the price of bitcoin to increase the price of usd which is not possible i think . Guys if i am wron please guide me whybthe price is dropping or at 230

The USD has been going up for months against all other currencies.

waterpile

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Quote from: Ume on February 24, 2015, 11:18:20 PM

Bitcoin price is dropping because they want to stable usd ?
As we see that bitcoin was using massively more than usd but Us$ adopter dump bitcoin to stable bitcoin wth ? They think that they can lower the price of bitcoin to increase the price of usd which is not possible i think . Guys if i am wron please guide me whybthe price is dropping or at 230

Mining farms needs to sell some newly mined coins thats what in my mind right now and the price will still go down.

uki

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Quote from: viboracecata on February 25, 2015, 02:55:39 AM

The recent drop may have relationship to the auction

Absolutely not. Take a look at the first auction - it had indeed huge impact on the price of Bitcoin. Then there was the second auction which hardly any impact on the price. Now take this third auction and compare the price changes. Btw., I don't think the bitcoins from the auction will see the market any time soon.

Nerazzura

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Quote from: deepestfear on February 25, 2015, 01:36:31 AM

I think this is a temporary phase where trading activity and technicals are driving the price action
Expect to stabilise in the low 300's in the next 3 months and sight of next halving to lead to further upside

although the price bitcoin sluggish start, but users and growing demand. evidenced by the many existing account newbie this forum and other forums. then, there is also a new faucet with greater rewards.

arieq

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Quote from: bryant.coleman on February 25, 2015, 12:03:18 AM

There is a massive dump going on in all of the major exchanges, and that is the reason why the price is going down. I have no idea on who is dumping all those coins... can be the Mt Gox thief... or can be the SMP thief...

Exactly, with a dump on exchangess and no move around here it seems this is still flat weak market

Q7

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Go back to the basic of supply and demand factor. Obviously there are more coins getting introduced to the open market either by miners or normal sellers and as such price is getting lower because people are trying to undercut each other to make a quick sale. Just wait for the next halving to take place or if you are patient, let's wait further for another two more halvings to be able tell if reduced supply factor will have effect to bring back up the price again.

viboracecata

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The recent drop may have relationship to the auction

Amph

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there was a recent auction also, it mayb be the reason, anyway for now the price seems rock solid

Topic: Bitcoin price. Reason (Read 2262 times)