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Topic: Bitcoin's price is getting low - page 26. (Read 2423 times)

sr. member
Activity: 375
Merit: 250
December 24, 2017, 07:01:35 PM
Yes, some bad news recently that affected the price and yet I noticed bitcoin dropped further after cme resumed bitcoin future trading. So, obviously a lot of people buy short...
member
Activity: 238
Merit: 10
OPEN GAMING PLATFORM
December 24, 2017, 06:57:10 PM
The reason for the Bitcoin exchange rate dropped dramatically in the last few days I think is because there are a lot of negative information related to Bitcoin. The first is the well-known sites Bitcoin.com sold its entire Bitcoin and Bitcoin will only say that bubble, do not last long, plus the Bitcoin exchanges in Korea hacker intrusion and appropriating all of which amount Bitcoin. There is so much negative news led to a fall in the exchange rate of Bitcoin Sad
full member
Activity: 214
Merit: 101
December 24, 2017, 06:31:05 PM
it is true that for the past few weeks the btc price has fallen if I think it is because of the possibility of declining public interest for the end of this year, maybe because of an ugly btc issue, or maybe from others who do not like the success of this btc, it will not last long, btc will recover again even will increase again, i am sure it's
But I think bitcoin down is not because of the lack of bitcoin fans today if bitcoin is less enthusiastic the price will go up to attract a lot of devotees. And I think the current bitcoin price drop is a regular market game. after last month's price the price rose reasonable if the price drops now due to the bitcoin instability that caused it all. so we just have to wait for the price increase again. Hopefully at the beginning of this year the price can come back.
full member
Activity: 294
Merit: 100
Tokenize Fantasy Sports
December 24, 2017, 06:13:32 PM
Bitcoin exchange rate is now reduced to an unusual, I've never seen Bitcoin exchange rate fell rapidly to such. According to I think the decline this exchange rate of Bitcoin is due by Christmas so the Bitcoin reduction is absolutely no reason of it, the people selling Bitcoin to cater to the demand for Christmas and New Year 2018 also cause rapid rate reduction down Bitcoin 13000 dollars. But I still believe 2018 Bitcoin exchange rate will rise strongly again.
full member
Activity: 518
Merit: 100
December 24, 2017, 06:13:10 PM
This week, bitcoin's price gets low. Based on the article that i read, it says thats they cant trace the reason why its getting low. They said it might be because some used to hack and mine bitcoins. They also said that maybe it was because there are new cryptos.
What do you think is the main reason? Do you think its price will still rise?
I believe thatbits market value will again rise. Transactions are just high at this moment. The only thing that we can do and which is also necessary is to hold and if possibleninvest tonit since the market value is now low. This is just a part of Bitcoin's volatilitym Fluctuations are normal even if as big as this.
full member
Activity: 238
Merit: 100
The All-in-One Cryptocurrency Exchange
December 24, 2017, 04:59:14 PM
Currently, there are many reasons for the Bitcoin exchange rates reduced. Bitcoin decreased due by Christmas, due to the recent Bitcoin exchange rate has already topped the 19000 dollar makes people simultaneously sell Bitcoin, Bitcoin makes powerful as the current reduction. But I see this decline rate is only temporary, and prices will rise strongly Bitcoin back the next time, so the investment to buy Bitcoin now I see is completely reasonable.
legendary
Activity: 1288
Merit: 1000
December 24, 2017, 04:15:43 PM
It is kinda funny that people always keep in mind current drop and forget that bitcoin was worth less than $10k a month ago.
At that time we all have been expecting that bitcoin might reach $10.000 but it will be difficult - and as result, we got much more.
The current price of bitcoin exceeded our expectation - it is still much higher than most of you expected.
sr. member
Activity: 742
Merit: 253
December 24, 2017, 03:56:22 PM
It was obvious that the correction for the btc price would come soon or after a time because the increase of the price was so rapid and without reason. So demand has fallen and the price falls.

btc is currently falling not because of a price correction, but the number of reduced demand and unequal demand causes bitcoin prices to continue falling and not rising, but this will certainly be reflected in early 2018
hero member
Activity: 1190
Merit: 525
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December 24, 2017, 03:39:25 PM
Maybe it's purposeful, big holders causing a hard drop in price to make people become desperate and sell everything (especially those people that started investing few weeks or months ago and don't have experience yet). So they can buy all the BTCs cheap again, bumping the price and collecting the profit next. The price is dropping too much, I expect seeing its recover soon and increasing to nice amounts like we saw last week for an example.
full member
Activity: 378
Merit: 100
December 24, 2017, 03:38:46 PM
The price usually slows down when people are cashing out or think that they are done with it and don`t buy it. Christmas and the need for money can be the reason for it.
jr. member
Activity: 67
Merit: 1
December 24, 2017, 03:35:46 PM
It had a very, very rapid rise, it's bound to crash, before it happens all over again. These are opportunities. Hey, I wouldn't mind is it drops back to $1,000, I would buy so many.
sr. member
Activity: 560
Merit: 250
December 24, 2017, 03:24:22 PM
It was obvious that the correction for the btc price would come soon or after a time because the increase of the price was so rapid and without reason. So demand has fallen and the price falls.
legendary
Activity: 1232
Merit: 1091
December 24, 2017, 03:19:35 PM
Don't worry about it Smiley. If you're a holder, I think you should keep holding your Bitcoin and everything will be fine soon Smiley. Price of all cryptocurrency dump and pump everyday so it's just a normal case in this world. It's just a trap from the whales, they do it all the time when they want to buy Bitcoin at lower price so don't fall into it. Try to be patient and keep holding Cheesy

Main point of importance is that the far majority of the people aren't holders at all. Initially some might plan to hold for the long term, and as long as the price is going up, everything will be just fine, but as soon as the price goes down, people suddenly change their mind and panic. It's nothing really new, which should make people aware of the the fact that every time they have sold in panic, the price went back up again, but that's too much for them to understand it seems. It basically shows that throughout the years nothing really has changed in how people panic and continue to not understand the very basics of Bitcoin. It's a damn shame....
member
Activity: 347
Merit: 10
December 24, 2017, 03:07:25 PM
Anyone who has truly understood how Bitcoin works, I don’t think it is hard for him/her to know this is absolutely NORMAL. With Bitcoin, it is normal to see volatility. If there is no volatility then you bet it is not Bitcoin!

It is absolutely critical to know how to take advantage of the down side and when it’s running up. There is no magical spell that I use; it is just to keep on track with Bitcoin Priceand to do it very closely, so you can make the move right away instead of just thinking!
member
Activity: 252
Merit: 14
Marketplace for sensor data
December 24, 2017, 03:05:22 PM
This case happen everyday, every minute Smiley). It's very normal when the price of Bitcoin dump or pump, it's still happening everyday so don't worry about it. Keep doing what you do everyday, trade, hold, invest,....just do it the same like other day, it's just a small dump and in next few days you'll see the price of Bitcoin over 19k$ again Wink
hero member
Activity: 2660
Merit: 551
December 24, 2017, 02:37:13 PM
bitcoin current price  is indeed being down, but I believe that the price will go up again, maybe January bitcoin price will going up again, so this is a good time to buy because bitcoin prices were down  and when later the price rises we can sell it to get the profit . you can trust bitcoin to invest your money

Yeah, bitcoin is down, but its not out, as others what to picture it. If you have been here to long you will know that this is just another bumps towards the most anticipated price, - $20K. Now from $19K to $13K, its really sad to see how the price drop in the last several days. But rest assured that next year will be another big year for bitcoin and the whole crypto industry.

I agree with you that the only thing that makes bitcoin recovered is the trust and confidence. If both of that is not present, bitcoin couldn't reach this far. It's a speculative market, but people like me and you learn to put our faith on the ecosystem that's why the price has gone from less than $1K beginning of the year to today's price of $13K.
full member
Activity: 378
Merit: 100
December 24, 2017, 02:07:54 PM
bitcoin current price  is indeed being down, but I believe that the price will go up again, maybe January bitcoin price will going up again, so this is a good time to buy because bitcoin prices were down  and when later the price rises we can sell it to get the profit . you can trust bitcoin to invest your money
full member
Activity: 252
Merit: 105
Stake & Vote or Become a IoTeX Delegate!
December 24, 2017, 01:59:30 PM
Don't worry about it Smiley. If you're a holder, I think you should keep holding your Bitcoin and everything will be fine soon Smiley. Price of all cryptocurrency dump and pump everyday so it's just a normal case in this world. It's just a trap from the whales, they do it all the time when they want to buy Bitcoin at lower price so don't fall into it. Try to be patient and keep holding Cheesy
full member
Activity: 304
Merit: 100
www.daxico.com
December 24, 2017, 01:56:13 PM
I think it's a natural thing, bitcoin has increased a lot, bitcoin value some time ago is very fast to rise and maybe now is the time to get down, it could be caused by the conditions before Christmas and holidays later this year.
Certainly people who invest in bitcoin want to take the profit of their investments, and do a lot of sales that result in a drastic reduction in the value of bitcoin.
member
Activity: 350
Merit: 10
December 24, 2017, 12:51:08 PM
Well, If you are currently looking at Bitcoin prices, then you will be amazed by the rapid rise and fall of Bitcoin prices (fluctuations). In fact you may also wonder, what determines the price of Bitcoin?

Bitcoin prices are determined by everyone who has Bitcoin, regardless of the amount.
If you have Bitcoin right now, you're one of those people who determines the Bitcoin price.

If you suddenly sell all of your Bitcoin, then the price will move down, as the supply now increases.
So also if you suddenly want to buy a lot of Bitcoin, then .. You have contributed to the amount of Bitcoin demand, so the price will move up.

its conclusion; rising and falling bitcoin prices is a very reasonable thing.
there will be times when bitcoin prices will fall sharply, and there will be a time when bitcoin prices will soar. and it was caused by the thing I mentioned earlier !!.
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