Topic: BTC Price - page 2. (Read 1381 times)
There are few bad news regarding bitcoin acceptance in few countries and few people like Jamie Dimon who spreading the words against bitcoin. The situation in China still become the big question for all of us, due to the biggest mining pools are located in there and there are some people who stated; the government may ban bitcoin mining as well. I'm sure this down trend will be last until the end of this year, because there are some events that will affect bitcoin market such as OKcoin will be stop their services by the end of October and hard fork in November.
As of now the price of bitcoin is already or decrease again at 3600 dollars . I think why bitcoin decrease because of china ban bitcoin but not offcial but theres have doubt in the mind of the investor so they sell their bitcoin. I suggest to those people have bitcoin in their wallet hold your bitcoin and for sure you will earn profit in the future. You can buy also bitcoin because the price is decreased.
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
There is a reason why bitcoin's price is dropping again and maybe this is the reason behind it. https://www.cnbc.com/2017/09/22/bitcoin-jpmorgans-jamie-dimon-lays-into-bitcoin-again.html
I hate to see charts on weekends now and I'm avoiding it in doing it to endure any pain seeing it.
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
No price not always drop on fridays but there is some effect of weekend on price because many traders might cashout their profit for fiat to enjoy their holiday. Also, it looks like the bitcoin is always dropping fridays / over the weekend?
Reason for current drop might be another round of fud which might surface soon, might be few internal trader have already cashed out before official announcement.
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
It's a combination of things:
1) Over the last year, the price has risen from under $1000 to around $5000. That is too high too fast, so a correction is due and is expected
2) The price of Bitcoin trends upward but is always volatile.
3) China has made statements treating to outlaw Bitcoin exchanges but no one knows what will happen and the exact motives behind the statements.
4) New investors get concerned when they hear banking professionals making negative statements about Bitcoin like we have heard recently.
These are just a few of the reasons. I don't think this drop is a permanent thing but keep in mind that Bitcoin is a high risk investment so we can never be sure what will happen.
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
No price not always drop on fridays but there is some effect of weekend on price because many traders might cashout their profit for fiat to enjoy their holiday. Also, it looks like the bitcoin is always dropping fridays / over the weekend?
Reason for current drop might be another round of fud which might surface soon, might be few internal trader have already cashed out before official announcement.
How about downward price speculator. you remember how numbers were been thrown around last few weeks.
Well, I suppose it is still cause of Ghina and bad news from their side. People are still panic about that and continue to sell their founds. Just look on the net how much threads about Bitcoin's end!? I know it is all the game of speculators, but not everybody know that, so they are selling being under the pressure. I also expected that after huge bitcoin investment of JP Morgan last Friday the price is going to continue to climb to 5000$ point.
It is not a crash we are seeing here I think it is just a Dip and I think it is really normal for bitcoin price to be like this there are many aspect why the price would surely drop or sometimes rises, and just like other have saying in here maybe weekend have a great amount of people that are getting their income from bitcoin, or taking some bitcoin to simply pay bills or what ever, and I think the recent news right now will be the fluke of Jaime Daimon and JPMorgan has recent did.
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
The more people are trying to take the profit and cash out to get a holliday. Theres no news related to this current bullish. This just a little correction in my opinion. Also, it looks like the bitcoin is always dropping fridays / over the weekend?
Please stay calm and never be panic. Crypto will ne fine.
We just need to keep watching the flow its hard to say what's really affecting the current downfall as China already been quite for a while and no big news about any country that will also affect btc value let's see coming Monday again.
Whole crypto market was in bull trap for last 2-3 days and whales have now sold all their holdings when enough liquidity or buy orders were created above $3500.
I think price will re-test $3k before coming back in quite healthy manner. Its best to set few buy orders below $3000.
I think price will re-test $3k before coming back in quite healthy manner. Its best to set few buy orders below $3000.
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
If you are here for at least 6 months, you would have notice by now that the price specially during the end of the week is going down because traders cash out for reasons that they may need money for a weekend get away or spend their profit in other activities. Its a normal thing to see here.
However, with this dip again, I'm seeing that those Chinese who have bitcoin on those local exchanges are somewhat trying to dump it but very slowly as to not cause panic once more. I speculate that this will continue up to the end of the month and early next month when all of them are completely shutdown. So better hold because once they are done and the price goes down again, if would be a perfect opportunity to stash more bitcoins.
Im holding since 2014, but i never felt those drops this hard before and it keeps going down for some time now and i dont see any hope currently to get it back to 5k or even 4500?
Another question, why do other currencys like XMR ETH etc also drop when the btc drops?
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
If you are here for at least 6 months, you would have notice by now that the price specially during the end of the week is going down because traders cash out for reasons that they may need money for a weekend get away or spend their profit in other activities. Its a normal thing to see here.
However, with this dip again, I'm seeing that those Chinese who have bitcoin on those local exchanges are somewhat trying to dump it but very slowly as to not cause panic once more. I speculate that this will continue up to the end of the month and early next month when all of them are completely shutdown. So better hold because once they are done and the price goes down again, if would be a perfect opportunity to stash more bitcoins.
Yep, weekends are the lamest and laziest days to trade since most traders are collecting profits and don't really look into some action after a week of work. Also, market uncertainty towards Nov. 1 is also causing a stir among traders which can also explain the price drops this last two days, plus the fact that the China drama isn't over yet.
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
news is actually filled with reasons about bitcoin price fall!
all over the media they are attacking bitcoin and some are even spreading FUD. most of the articles even from big and well known names are poorly written by people who don't understand bitcoin or understand it well and want to damage it only.
they create panic, or in other words Fear, Uncertainty and Doubt. and that is why price is dropping a little these days.
Well, except the regular bitcoin is bad news i dont find anything new or special.
Wont be there another big price drop on the end of the month cause the chinese block btc then?
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
news is actually filled with reasons about bitcoin price fall!
all over the media they are attacking bitcoin and some are even spreading FUD. most of the articles even from big and well known names are poorly written by people who don't understand bitcoin or understand it well and want to damage it only.
they create panic, or in other words Fear, Uncertainty and Doubt. and that is why price is dropping a little these days.
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
I think it is just because the weekend is near and that is when the people start to sell some bitcoin because that is when they get their profit and they want to have sell bitcoin in friday or weekends and i think that this is temporary because if the bears will be gone then the bull will start a price rally which will provoke bitcoin for getting a new all time high.Also, it looks like the bitcoin is always dropping fridays / over the weekend?
some people told this was discount day, when start day in works day, price will be going raise up.
Because, Bitcoin is destined to drop. Bitcoin is just repeating its previous chart few months ago. The lowest drop is at 3200usd, if resistance barriers was broken we can see btc below $2000.
After this altcoin party, we can see bitcoin at 7k
After this altcoin party, we can see bitcoin at 7k
Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
Also, it looks like the bitcoin is always dropping fridays / over the weekend?
Nobody knows how will react to the price of bitcoin on any news. It seems to me that now there was no reason for the price drop, but maybe the whales got together and are playing on the lower prices to buy cheaper bitcoin. Such actions are impossible to predict. Keep calm and you will not lose your savings.
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