Bitcoins dropping in price - page 2.

prass tyo

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Quote from: X2bitcoinschain on May 27, 2017, 02:03:16 PM

Who can please explain to me why Bitcoins price is dropping and going up steadily?

I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?

If you are an expert of bitcoin why your rank is still newbie, but why not I try to explain a bit about this, something like this called bitcoin the price fluctuates (always changing), this change is determined by bitcoin users in the market, so nothing Can predict what bitcoin price will be like, but if you just want to know where the bitcoin price trend can be seen from the graph of MACD

Vod

legendary

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Licking my boob since 1970

Quote from: XbladeX on May 27, 2017, 05:32:20 PM

Arrggghhhh I lost my balls. I'm down to 30% crypto. Marc I admire your bravery still in at 70%. Bitcoin is all over the mainstream news which is concerning. Part of me just wants this bubble to burst. I'm mentally exhausted

Dude, you need to chill a bit. Take out of bitcoin what you want to reward yourself with - dump the rest in with a "do not care" attitude.

rajasumi3

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Bitcoins have dropped in price because there has been a price correction.There is no need to worry about it .It is the best time for you to buy as much bitcoins as possible,and sell it when the price of bitcoins reach 3000$ which i guess would reach by september.

Croneon

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is crashing because everyone says it's crashing thus making people panic sell and making it crash

dothebeats

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It's either of two things: a healthy correction or a start of a bitter downfall. But as I see it, support on the $1800 seem to be strong upon further checking in exchanges. Strong support is indicative of a potential bull run ahead. Idk but somehow I'm inclined to buy some bitcoins first than regret it later—again.

nethan1btc

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Quote from: angaper on May 27, 2017, 06:28:25 PM

At this point of unexpected volatility it is really hard to understand these huge movements in the bitcoin price that are making the work of traders something similar to a roller coaster.

Past year, in May, the bitcoin price was very, very stable and it was moving in a tight range of few dollars (450-550), and no one could predict this current level of price.

But I am convinced that speculators have a lot to do with this bubble, though I really want to be wrong and hope this $2000 mark become the new support level.

Speculators now has been challenged of this situations and their opportunity of having higher dumps from a price bubble will not be as good as they've been expecting to do. The bitcoin dropplig price did a greater impact of quick buying decisions that every investors that hopes a cheaper price compared from over $2000 dollar price increase at rapid encriment. That's why bitcoin price corrections will certainly took over the scenario of previous price bubble.

angaper

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At this point of unexpected volatility it is really hard to understand these huge movements in the bitcoin price that are making the work of traders something similar to a roller coaster.

Past year, in May, the bitcoin price was very, very stable and it was moving in a tight range of few dollars (450-550), and no one could predict this current level of price.

But I am convinced that speculators have a lot to do with this bubble, though I really want to be wrong and hope this $2000 mark become the new support level.

HatakeKakashi

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I hope bitcoin price will recover again. Today the price dump and it will back again at 2000 dollars only. I think many people sell their bitcoin because they now afraid because many news the bitcoin price will crash anytime will happen. But I still believe in bitcoin they can recover even the price last few days its very high compared to the price today it is also high. Wait many projects , and many big investor for sure will invest to the bitcoin soon. So its better if you buy bitcoin and hold to make a lot of profit.

maydna

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Quote from: gabbie2010 on May 27, 2017, 05:05:17 PM

Price of bitcoin dropping is just consolidation it is very normal for price to embark on correction mode, this is based on technical analysis of the candlestick pattern formed I am very sure the price will be bullish in few days to come meaning it will rise. Buyer should keep on buying now.

technical analysis is really helped for traders because they can see and make their analysis based on this technical and they can make their order buy with precisely and without any problem at all. this time i am sure that many people will buy bitcoin because the price is more cheap than yesterday so they can buy in large amount if they have big money. i think this it their opportunity to buy right now because i guess that in the future, they will not see this price again except if there is any dump with the price.

XbladeX

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Arrggghhhh I lost my balls. I'm down to 30% crypto. Marc I admire your bravery still in at 70%. Bitcoin is all over the mainstream news which is concerning. Part of me just wants this bubble to burst. I'm mentally exhausted

gabbie2010

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Price of bitcoin dropping is just consolidation it is very normal for price to embark on correction mode, this is based on technical analysis of the candlestick pattern formed I am very sure the price will be bullish in few days to come meaning it will rise. Buyer should keep on buying now.

uvxy

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It's called price discovery and it's a beautiful thing. There are very few markets/asset classes these days that are not manipulated or dominated by big banks and central banks, Blockchain is one of them. Enjoy the volatility.

Pearls Before Swine

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Quote from: X2bitcoinschain on May 27, 2017, 02:03:16 PM

I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

DOES NOT COMPUTE.

If you're such an expert on bitcoin you should know how volatile it is and to just fasten your seatbelt. No one here is going to be able to explain every price movement. They may try, but you're a fool if you listen to them. Also, work on your english. It's atrocious.

Rinder

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I believe by monday bitcoin can recover a bit of the current lost, i did say it crashed badly to 1500 dollars on the last 24 hours, this is very easy whales sold high, and stop buying, asia market closed and new investors will be back on monday. Those two reasons might be the cause, soo the whales stop buying and set their orders to buy more bitcoins with the profit they made, the new investors will back monday again. There is no expert over crypto, because anything might impulse as well damage any coin.

batang_bitcoin

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Quote from: X2bitcoinschain on May 27, 2017, 02:03:16 PM

Who can please explain to me why Bitcoins price is dropping and going up steadily?

I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?

Wait, you are proclaiming that you are an expert in bitcoin and you are looking for an answer why the price is dropping? Well I'm not an expert in bitcoin but base on those experts that are giving their insight with this happening, its because of the correction and also the normal supply and demand, many are selling so the demand is becoming low that makes the price lower.

wallstone

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Quote from: X2bitcoinschain on May 27, 2017, 02:03:16 PM

Who can please explain to me why Bitcoins price is dropping and going up steadily?

I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?

First of all if it gors down and up, it's not steady. Well regarding on the volitality, no one knows what happen inside the market but only whales who are taking advantage of newbie traders.

CraigWrightBTC

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Quote from: X2bitcoinschain on May 27, 2017, 02:03:16 PM

Who can please explain to me why Bitcoins price is dropping and going up steadily?

I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?

Bitcoins price is fluctuation ( droped and going up) because there are demand and supply
on every markets around the world, usually if the users needs money they will sell the bitcoins
and if they will makes saving the money in bitcoins they will buy bitcoins.

btcjoin14

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Quote from: X2bitcoinschain on May 27, 2017, 02:03:16 PM

Who can please explain to me why Bitcoins price is dropping and going up steadily?

I am an expert in Bitcoins, but don't know how to know foresight of Bitcoin price

Can anyone explain?

The old coin holders decided to cash out their coins for cash. There was not that much information on the news about the real reason why the price of Bitcoin was going up, the price could’ve been manipulated by some kind of bot or someone with a bunch of fiat/Bitcoin. Since people started to dump the coin it might’ve started a panic and then the price began to decline from that point on. I think the price will go up later on, the price will dump short term.

Eternad

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Quote from: franky1 on May 27, 2017, 02:51:51 PM

mr Miagi says
speculation like painting fence, .. up.. down... up.. down

Bitcoin price is fighting like a karate kid in able to save a million bucks to save those who still have faith and never sell their coin. Someday we can experience the benefits of hodling

cryptosort

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I personally think that i was predictable that it will drop..

as goinmerry said: Demands, speculations, news, hype etc.

But new that we have dropped a little we will go back to 3k for sure

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