Bitcoins dropping in price - page 3.

FlightyPouch

sr. member

Activity: 1638

Merit: 300

Quote from: jak3 on May 27, 2017, 02:57:39 PM

I guess this price dump is caused because of the ransome attack many of the traders and other services has stoped for sometime and that gap is being focused right now. for me its just another good time too make some more money as when the market will regain its loss and go up it will take my balance with it.

Or maybe, because of the old members here who are saving their bitcoin for almost 7 years amd waiting for a good price until these week it reaches their goal proce and sold them, it is quite obvious. Who would never sell their bitcoin at that price especially when it has a big profit. Though now is the time, to buy and wait for another $2.7K price pump.

jak3

legendary

Activity: 1274

Merit: 1004

I guess this price dump is caused because of the ransome attack many of the traders and other services has stoped for sometime and that gap is being focused right now. for me its just another good time too make some more money as when the market will regain its loss and go up it will take my balance with it.

franky1

legendary

Activity: 4410

Merit: 4766

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

smartbitcoininvestor

sr. member

Activity: 652

Merit: 257

Well, it is near the end of May. Roll Eyes

I'm guessing there was too much hype for the amount of skepticism surrounding Bitcoin, so BTC (and subsequently, every single other altcoin now) is going to face a correction.

Stay steady. This is normal. The price will face headwinds and then rise back up again - probably sooner than later.

X2bitcoinschain

member

Activity: 112

Merit: 10

Quote from: coinsmanager on May 27, 2017, 02:28:07 PM

I prefer to apply my analysis mainly based on fundamentals, but sometimes technical analysis are very effective. It's hard to explain, but I think it has something to do with the market cycles.

You can't understand

coinsmanager

member

Activity: 67

Merit: 12

Byteball: highly scalable cryptocurrency platform

I prefer to apply my analysis mainly based on fundamentals, but sometimes technical analysis are very effective. It's hard to explain, but I think it has something to do with the market cycles.

olushakes

sr. member

Activity: 476

Merit: 254

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 claiming to be an expert in bitcoin but can't really phantom the reason or reasons why there is upward or downward trend in the price of bitcoin then I doubt your expertise. I am not surprised about the fall because I know that it will happen and being in bitcoin long enough has taught me that. Forces beyond demand and supply are at play here and even more qualitative than quantitative.

swogerino

legendary

Activity: 3318

Merit: 1247

Bitcoin Casino Est. 2013

It has dropped enough and I think starting from now , this very moment and up to next week I think the bitcoin price will surprise us all. I don't understand too the reason of why the price falls except maybe it is a correction of price. Normally it should be above 2000 dollars because of Japan who accepted it legally and even offering bitcoin ATM-s in big trading malls where people can buy with bitcoin.

X2bitcoinschain

member

Activity: 112

Merit: 10

Quote from: Adelajda on May 27, 2017, 02:12:36 PM

Just looking at the charts from morning and waiting to see how long this market continue to be on the red side,the price went down below $2000 in some exchanges but it recovered pretty soon and it is not trading above $2k,will wait for some time and will make a decision on whether to enter bitcoin at this point.

Am using coins desk chart, what chart are you using

Adelajda

full member

Activity: 207

Merit: 100

Just looking at the charts from morning and waiting to see how long this market continue to be on the red side,the price went down below $2000 in some exchanges but it recovered pretty soon and it is not trading above $2k,will wait for some time and will make a decision on whether to enter bitcoin at this point.

Panda Trump

sr. member

Activity: 588

Merit: 254

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?

It's a temporary chaindrop, but it will soon go up again

It's just the question... How much will it drop before it will rise again?

goinmerry

legendary

Activity: 2940

Merit: 1083

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?

Demands, speculations, news, hype etc. These are some of the basic factors why bitcoin price fluctuates. Explaining all factors will required lots of typings. There's a Google for that.

Knowing the future bitcoin price is not possible. Just be sure to hold some and have a cup of coffee somewhere while waiting for the bitcoin price reached your preferred target price. All successful traders not see the future price but rather take the risk of investing based on their own analysis.

X2bitcoinschain

member

Activity: 112

Merit: 10

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?

Topic: Bitcoins dropping in price - page 3. (Read 2161 times)