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Topic: Bitcoin's price is getting low - page 30. (Read 2423 times)

full member
Activity: 392
Merit: 106
December 22, 2017, 07:08:37 PM
#45
There is two reason that I think affect the bitcoin price, first is the holiday season and most investors convert they’re bitcoin to fiat for Christmas presents and spending for festive gatherings that is small quantity but collected investors. Second would be the transaction fee that most likely to be the best reason because other has been impatient to it so transfer to altcoin.
member
Activity: 212
Merit: 10
December 22, 2017, 06:59:11 PM
#44
It is not that low. i mean this is obvious the christmas is coming many people are buying somethings that they want this christmas they are withdrawing some of their bitcoins. for sure the bitcoin price will decrease but once people get back to normal again this will be gonna great.


I agree with you. Since Christmas is approaching, a lot of people are selling their bitcoin to buy items for their presents to their relatives. So that's the reason that the bitcoin price decreases. But it could be an advantage for us if we really want to buy bitcoin because the price is lower so when it goes up again, then we will have a big profit from that, right?
hero member
Activity: 3080
Merit: 603
December 22, 2017, 06:58:21 PM
#43
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?
My eyes is getting blurry, I thought your title says "Bitcoin's fee is getting low"

They can't trace on what's the reason why it's getting low? The reason is that everyone are selling their bitcoins for the Christmas day and there's nothing new with it, this has happened before and can also happen in the future. And anyway, welcome to bitcoin.
full member
Activity: 336
Merit: 100
December 22, 2017, 06:58:02 PM
#42
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?

It is normal to bitcoin fallen down now because fork is coming this 28th this month, and it is a part of being the volality of bitcoin then the price were surely fluctuate.
By the next year the price will rising up based on what I have read an article bitcoin maybe hit $20,000 I hope it is true there article and prediction. So don't panic or sell your bitcoin just hold on or its time to buy bitcoin to invest your money.

No that's not normal at all, bitcoin normally increases in value in anticipation of forks. If bitcoin can recover from this slump then of course the price can rise up, if it can just maintain current value for a few days then the market can regain confidence in bitcoin. You're right not to panic and that it is a good time right now to try to invest if anything, although personally I'd rather wait a couple more days.
member
Activity: 322
Merit: 23
December 22, 2017, 06:53:48 PM
#41
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?

It is normal to bitcoin fallen down now because fork is coming this 28th this month, and it is a part of being the volality of bitcoin then the price were surely fluctuate.
By the next year the price will rising up based on what I have read an article bitcoin maybe hit $20,000 I hope it is true there article and prediction. So don't panic or sell your bitcoin just hold on or its time to buy bitcoin to invest your money.
legendary
Activity: 2562
Merit: 1441
December 22, 2017, 06:51:55 PM
#40
Theories which might explain the recent downturn.

Theory #1 With Crypto Futures opening, traders are creating maximum leverage short orders to profit from their sell offs, which pushes the price down Crypto futures could also be increasing the number of coordinated efforts to push the price of bitcoin down to benefit from leveraged short selling. If I remember right, there is up to 100 times leverage in crypto futures. This means that profits can roughly be amplified by up to a factor of 100. At this point it might be easier to push the price of btc down, than upward. Path of least resistance.

Theory #2 Traders are selling BTC and investing in altcoins like litecoin Recently litecoin was in the news for its large gains. Alts have always been easier to pump, especially the ones which haven't been pumped in a long time and are undervalued.

Theory #3 Introduction of bitcoin cash support on coinbase is causing traders to pull money out of bitcoin and pump and dump bitcoin cash instead There could be a lot of establishment and banker money devoted towards lowering bitcoin while raising bitcoin cash upwards. This could represent one route of attack against bitcoin, simply having another fork takeover.
full member
Activity: 182
Merit: 100
December 22, 2017, 06:50:21 PM
#39
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 am sure the price will rise again this is just a reasonable process every currency will surely experience up and down as well as bitcoin. bitcoin prices at the end of the year have decreased I think not because of the lonely bitcoin market but there is someone who has a big influence on the rise and fall of bitcoin prices that make bitcoin prices down.
full member
Activity: 294
Merit: 114
December 22, 2017, 06:32:36 PM
#38
Such price jump are normal for a volatile cryptocurrency like bitcoin. Don't forget before dropping 20% down it rose 40% up. So even after the drop growing rate is pretty impressive. Those price jumps are cause by different market events that don't always mean there is issue with bitcoin itself or its technology, but more people feeling not safe to hold it or hearing some rumors. So those fluctuations don't sent any bad signals so far.
Bitcoin prices never decrease, you should know that the price reduction for cryptocurrency is normal. We must remember that a few months ago the price of Bitcoin declined to $ 3,000. But now we can see that the price of Bitcoin has reached $ 15,000. It was a fantastic number and amazing development. So we do not have to worry about Bitcoin, I'm not worried at all. I get confused but not because of the decline in Bitcoin prices, I'm confused because how much Bitcoin will develop. I need to collect a lot of Bitcoin to invest and wait for it.
legendary
Activity: 1316
Merit: 1004
FRX: Ferocious Alpha
December 22, 2017, 06:06:47 PM
#37
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 read somewhere that Bitcoin is not getting low, it's a -30% special Christmas discount Cheesy

Beside jokes, somebody is spending millions on daily basis for undependable /dust/ transactions to attack the network, transferring powers to BCH and pumping it. But everything will be back to normal in a month or two.
legendary
Activity: 2464
Merit: 2094
December 22, 2017, 05:54:45 PM
#36
I think bitcoin price is not too low because now the bitcoin price is still $ 15k and i think it's still quite high even though bitcoin price has declined from a few weeks ago, and the correction on bitcoin is now an opportunity to buy bitcoin.As an investment because i believe that bitcoin will still continue to grow and develop.
newbie
Activity: 32
Merit: 0
December 22, 2017, 05:51:28 PM
#35
Such price jump are normal for a volatile cryptocurrency like bitcoin. Don't forget before dropping 20% down it rose 40% up. So even after the drop growing rate is pretty impressive.

Those price jumps are cause by different market events that don't always mean there is issue with bitcoin itself or its technology, but more people feeling not safe to hold it or hearing some rumors.

So those fluctuations don't sent any bad signals so far.
legendary
Activity: 1267
Merit: 1000
BabelFish - FISH Token Sale at Sovryn
December 22, 2017, 05:51:04 PM
#34
I read somewhere that Roger ver issued a statement supporting bitcoin cash and because of that many sold their bitcoins and invested in bitcoincash. I think this might be a reason for sudden decrease in its  price.These things are not new in this crypto world and definitely it will regain its value .
hero member
Activity: 2184
Merit: 531
December 22, 2017, 05:41:41 PM
#33
the most important thing in this situation is that we saw a new maximum price for Bitcoin and now we will be guided by these figures. To date, the price has fallen and you have the opportunity to buy Bitcoin cheaper, To know to wait 20,000 for Bitcoin.

That's correct. Bitcoin always moves to confirm levels whether they are lows or highs. The confirmed lows used to be at 5500 USD and now we have temporarily confirmed that 10000 USD is holding. If it holds longer we will come back to retest 20000. You can all be sure of it.
sr. member
Activity: 1274
Merit: 263
December 22, 2017, 05:12:04 PM
#32
I think why bitcoin is gettinh down because the fee is very high and now is holiday season so everyone needs money so most of us cashout bitcoin for the the gifts for thrir lpves ones and relatives friends and for the foods that we serve during chistmas and during new year. I dont think bitcoin becom hack. Dont worry sir for sure the price will increase again.
full member
Activity: 672
Merit: 176
December 22, 2017, 04:46:36 PM
#31
Well i think even if how many times bitcoin will go down it will really grow up in a short period of time because it is really unstable.However  we dont have to make worry on it because bitcoin price is really amazing if it will go down we dont have to be afraid because that was really a big opportunity to buy and wait for the right time to sell.and we can really gain through it .
the most important thing in this situation is that we saw a new maximum price for Bitcoin and now we will be guided by these figures. To date, the price has fallen and you have the opportunity to buy Bitcoin cheaper, To know to wait 20,000 for Bitcoin.
sr. member
Activity: 882
Merit: 282
December 22, 2017, 03:16:49 PM
#30
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?
Bitcoin price is going to rise again and that may happen next year and we are hoping that by this time next year bitcoin should be above $40,000. I have been thinking a way to find what is really happening and why the price is dropping ripedily! And the only thing most people are saying is that bitcoin is under stacked and a lot need to be done to revive it.  I think this is one of those hard time that we may need to see that correction has resulted to dumped and bitcoin dropping to $10,000 or below is very possible.
full member
Activity: 224
Merit: 100
December 22, 2017, 03:10:47 PM
#29
this might not be appropriate for discussion but i think christmas is really affecting bitcoins's price, many people are pulling out their investments in bitcoin because they want to use it for expenses during this holiday season.
sr. member
Activity: 951
Merit: 250
December 22, 2017, 02:59:16 PM
#28
Well i think even if how many times bitcoin will go down it will really grow up in a short period of time because it is really unstable.However  we dont have to make worry on it because bitcoin price is really amazing if it will go down we dont have to be afraid because that was really a big opportunity to buy and wait for the right time to sell.and we can really gain through it .
newbie
Activity: 2
Merit: 0
December 22, 2017, 02:43:20 PM
#27
Everyminer should RUN Bitcoin wallet Core Node that way the coin price will Riseup.
member
Activity: 73
Merit: 10
December 22, 2017, 02:42:07 PM
#26
Don't worry guys it is just X-mas, enjoy your holidays and get back to trading in 2018!!!
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