This is a great time to buy more BTC and that's exactly what I am going to do
im also buing some bitcoins from time to time because i have a feeling that we will be making money out of it when the price growths after this small frop
Topic: Bitcoin prize is dropping? (Read 2343 times)
thanks for answering my question guys. But seems like its not a normal fluctuation in btc. its a hard drop this time. and in a short period of time.
I guess there is something really going on. hope someone can tell.
I guess there is something really going on. hope someone can tell.
This is a great time to buy more BTC and that's exactly what I am going to do
im also buing some bitcoins from time to time because i have a feeling that we will be making money out of it when the price growths after this small frop Get ready! It ain't over yet. By the time you get up in the morning it will be $590 again.
Then the buying spree will happen in a massive cluster of organism proportions!
Bitcoin price has made little progress during the past week and the market is falling away from $630 now. I hope there should be an increase for this drop within few weeks. Then the buying spree will happen in a massive cluster of organism proportions!
Get ready! It ain't over yet. By the time you get up in the morning it will be $590 again.
Then the buying spree will happen in a massive cluster of organism proportions!
Then the buying spree will happen in a massive cluster of organism proportions!
with every rise there is a drop and with every drop there is a rise.
if you want to figure out what is going on you should take a look at the bigger picture, it means you should zoon out of the chart and look at it on a higher interval to figure out the over all changes.
if you want to figure out what is going on you should take a look at the bigger picture, it means you should zoon out of the chart and look at it on a higher interval to figure out the over all changes.
1. I is not that price of BTC is dropping, it is pretty much stable ATM, at least for a highly volatile asset bitcoin is. No need to worry.
2. We have almost exactly situation as we observed after the first bitcoin halving. Markets needs a time to advance, expect price rise in in a couple months.
3. We had pretty much drastic price increase right before the halving, more than 30%.
So what you're saying is that is was partially a bubble, and not we have to wait out this bear run and wait for the bulls to get involved? Having a 30% increase in the value of Bitcoin definitely seems like some bubble territory to me, and I think a correction right now is a good thing. I just hope it doesn't take "a few months" to go back up, because it isn't always a great thing to have to wait a long period of time. Maybe the market will catch up a bit sooner than that?2. We have almost exactly situation as we observed after the first bitcoin halving. Markets needs a time to advance, expect price rise in in a couple months.
3. We had pretty much drastic price increase right before the halving, more than 30%.
As for the value going down, I guess it really is buy time. I might pick up some more once the market stops going down, but I'll wait. I'm in no rush to lose more than time and energy.
1. I is not that price of BTC is dropping, it is pretty much stable ATM, at least for a highly volatile asset bitcoin is. No need to worry.
2. We have almost exactly situation as we observed after the first bitcoin halving. Markets needs a time to advance, expect price rise in in a couple months.
3. We had pretty much drastic price increase right before the halving, more than 30%.
2. We have almost exactly situation as we observed after the first bitcoin halving. Markets needs a time to advance, expect price rise in in a couple months.
3. We had pretty much drastic price increase right before the halving, more than 30%.
Maybe just end of month effect(you know, people need to pay bills, electricity, rent, etc.., and they can't pay them with BTC).
Maybe people got bored and are just selling.
Maybe we are about to see some bad news and people with inside info are selling now.
Who knows
Maybe people got bored and are just selling.
Maybe we are about to see some bad news and people with inside info are selling now.
Who knows
-5% doesn't much seem like "end of the month effect" to me!!!
the price's been going sideway & small volumes for weeks & there wasn't much pump, as expected by many, after the halving,
people getting bored & pulling out sound more like it!
and if there's bad news i'm all for it; buy time!
Maybe just end of month effect(you know, people need to pay bills, electricity, rent, etc.., and they can't pay them with BTC).
Maybe people got bored and are just selling.
Maybe we are about to see some bad news and people with inside info are selling now.
Who knows
Maybe people got bored and are just selling.
Maybe we are about to see some bad news and people with inside info are selling now.
Who knows
This is a great time to buy more BTC and that's exactly what I am going to do
hello everyone. I just want to know what maybe the reasons,why the btc prize is dropping?and after the halving. it did not even increase as more bitcoin users is expecting. So please educate me about this. thank you.
Halving only decreases the amount of coin being mined,but it will not do anything about the price of bitcoin.Some users says that bitcoin will increase but this was only a speculation.
Looks like the price is gradually decrease from yesterday price i saw that the price is 653 something and now the price is 630 something..
I think the price of bitcoin will not go down and i think the price of bitcoin increase again..
Just lets hope the price will not fall again..
I think the price of bitcoin will not go down and i think the price of bitcoin increase again..
Just lets hope the price will not fall again..
Actually, I think there is a fair chance for the price to go down even more. Especially when you consider the sentiment that is going down more and more after the block halving. People simply expected too much from the halving, which right now is resulting in a slightly bearish market. My guess is that the $600 level will get tested again within 2 weeks.
Coincidence? I think not
It's not that the price went down a lot, just a small bump on the road. So yes, I surely think it is pure coincidence as the price was due for a drop anyway. And if it isn't coincidence, then one of the pools in question, or a wealthy holder that was attending the meeting, just dumped a good number of coins. But I believe more in the first option of this being coincidence.
The big timers are toying with ETC and ETH. When the craze with ETs die down, they will come back to BTC again.
well i hope you are right but it is unpredictable in my opinion and we do not know whether the whole thing is going to end soon or not Dropped significantly, but I think there will be a price correction after the weekend.
This is probably because of everyone selling to pay for rent, taxes, or whatever the hell else their other monthly expenses are. You see something like this basically every end of the month, and I'm fairly confident that if you go back and check on whether or not there are drops at the end of every month you'll see that there are more often than not drops which are corrected over the following week. 
before the drop about 1.7Million$ in longs covered.
~6hours later... CRASH! shorts went from ~18K to ~21.7K BTC during those 30min, now shorts continue to rise.
and then ~1million in new longs were taken after the drop.
not sure wtf shorters are expecting to accomplish...
~6hours later... CRASH! shorts went from ~18K to ~21.7K BTC during those 30min, now shorts continue to rise.
and then ~1million in new longs were taken after the drop.
not sure wtf shorters are expecting to accomplish...
Dropped significantly, but I think there will be a price correction after the weekend.
It is just like the same when a week ago the price of bitcoin reached to $685, and then it started to come lower and now it reached to $635 , I think a passive fluctuation has been started in the price of bitcoin just like two months ago when there was a passive fluctuation in the price of bitcoin and then suddenly the price started to increase and within a few weeks the price of bitcoin reached to $750 from $450.
Looks like the price is gradually decrease from yesterday price i saw that the price is 653 something and now the price is 630 something..
I think the price of bitcoin will not go down and i think the price of bitcoin increase again..
Just lets hope the price will not fall again..
I think the price of bitcoin will not go down and i think the price of bitcoin increase again..
Just lets hope the price will not fall again..
Actually, I think there is a fair chance for the price to go down even more. Especially when you consider the sentiment that is going down more and more after the block halving. People simply expected too much from the halving, which right now is resulting in a slightly bearish market. My guess is that the $600 level will get tested again within 2 weeks.
Coincidence? I think not
i do not think bitcoin dropping its price because a large number of people adopt the bitcoin nowadays and bitcoin getting too much powerful and i hope bitcoin will be more stronger than other currency.
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