BTC Price | Bitcointalksearch.org

sunsilk

hero member

Activity: 3038

Merit: 634

Quote from: Golftech on September 22, 2017, 10:45:41 PM

Quote from: sunsilk on September 22, 2017, 10:07:09 PM

Quote from: bitcoin31 on September 22, 2017, 09:16:41 PM

The price of bitcoin is now 3600 dollars , last few days the price of bitcoin is 4000 dollars the price decrease 400 dollars. If you want to buy bitcoin you can buy now and for sure you will earn a lot of profit in the future. But invest only you can afford to lose because we dont know what thw exact price of bitcoin in the next few days or month. I hope the pricd will increase so we can make profit.

It went $3,800 and it started to land at $3,600 and no more falls so that this can be a very good stable price for bitcoin at the moment.

Quote from: Slow death on September 22, 2017, 07:14:11 PM

-snip-

So this is the reason now why the price is falling again? Is anyone here is mad at what Dimon's doing? He surely is the demon of crypto currency.

we cant do nothing with this person but its he's way to make profits, just speculating about his stand maybe he's frustrated that he's business start being ruined or his part of the whale club which trying really crash the market and to hold more btc, its hard to predict where's direction will be heading but one
thing is for sure risk taker will take much bigger earnings in the long run if project succeed.

Yeah he wants to make profit out of his false information and this guy should stop hallucinating. Maybe he thinks that he can buy more bitcoins at a super dip.

It's a win-win situation for him, because he spread wrong information then his business will be back to normal and at the same time he got more cheaper coins.

I hope that McAfee will stop this crazy guy if not, there is something now that's stopping bitcoin to increase.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

It's just a coincidence that the price bitcoin is dumping on weekends. But on my observation from Monday - Wednesday this is the most crucial days of the week because the dumps are happening on these said days. But there's no proof on it as the market is depending on the current demand and supply as well as the good news and bad news that are popping out from different sources.

iqlimasyadiqa

legendary

Activity: 1596

Merit: 1011

Quote from: geyayy on September 23, 2017, 07:12:15 AM

It has nothing to do with the weekends, maybe it is just because some users of bitcoin are getting their payments at weekends, and they usually convert it to fiat to use it for their lives. It is also because bitcoin is not yet widely used in real life, in stores. And bitcoin's price dropping is because of the panic sellers who are afraid to lose money. Being greedy.

panic is a normal thing of course. and partly influenced by the need for someone to withdraw bitcoin to the local currency. because it can affect about the number of bitcoin requests in an exchanges. if noticed, the more people who need bitcoin it will make the price increase and when many people who sell bitcoin the bitcoin price will decrease. there is a natural scheme that always happens and is seen in bitcoin market.

azguard

legendary

Activity: 1484

Merit: 1001

Crypto-News.net: News from Crypto World

Quote from: geyayy on September 23, 2017, 07:12:15 AM

It has nothing to do with the weekends, maybe it is just because some users of bitcoin are getting their payments at weekends, and they usually convert it to fiat to use it for their lives. It is also because bitcoin is not yet widely used in real life, in stores. And bitcoin's price dropping is because of the panic sellers who are afraid to lose money. Being greedy.

Look what happen to price in last few month every time when weekend start price is slowly recovers and every time is that same path.
Its not just that some are get payed usually is 1st or 15th but not so middle in the month.

As for greed this is something that is bound to us all people we are greedy and we will always be greedy and wanting more and more, its our nature.

TravelMug

hero member

Activity: 2632

Merit: 833

Quote from: Kyraishi on September 22, 2017, 10:39:09 PM

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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?

Not sure what exactly but imo it should be something to do with the fact that there are rumors going on that china is going to ban everything bitcoin related including mining and transacting on the network, and not just trading bitcoin.

This remains FUD and unconfirmed. I do not think that this has anything to do with Fridays/weekends.

Anyways, great time to load up a few coins if you have the fiat.

Its looks like my initial assumption that bitcoin will slowly go down because of the government shutting down the operation of local exchanges has been proven wrong. Because the price of bitcoin is touch $3800 again. The China effect is no more. While Dimon bashes bitcoin again. The price didn't react negatively, but instead go up a few percentage. And I think the factor that offset the negative news is that Charlie Lee tweeted that according to his source, bitcoin mining will not be close by the Government. If this is true and China confirms it, then the price could go as high as $5000 again. We need to wait and see if Charlie is correct.

geyayy

full member

Activity: 588

Merit: 100

It has nothing to do with the weekends, maybe it is just because some users of bitcoin are getting their payments at weekends, and they usually convert it to fiat to use it for their lives. It is also because bitcoin is not yet widely used in real life, in stores. And bitcoin's price dropping is because of the panic sellers who are afraid to lose money. Being greedy.

cafucafucafu

hero member

Activity: 812

Merit: 509

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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?

Mainly because people are panicking over the entire situation in China. Most of which is obvious FUD and is completely unconfirmed(such as the rumors of the Chinese government banning miners in China).

Chinese exchanges are still trading below western exchanges which means that people want to get out in China right now, and is one of the causes of this dump.

Anyways, price has stabilize quite a bit and right now is holding up nicely at $3700. I expect it to make a recovery to $4000.

kafiddrhman

sr. member

Activity: 518

Merit: 250

Quote from: onecall123 on September 23, 2017, 02:00:22 AM

We had a massive correction, I think. Spreading of FUD the main cause as some uneducated trader have a panic sale! Be smart, don't panic, stay rational and enjoy this opportunity.

Indeed, if faced with price reductions and strong issues about negative news about bitcoin, it certainly will cause panic for any trader and investor who may not really understand about bitcoin, and will certainly lead to price reductions in bitcoins that result in unbalanced sales transactions.

timerland

hero member

Activity: 1526

Merit: 596

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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?

Has nothing to do with weekends. It's just normal market activity and perhaps a bit of panic selling from traders that believed in the rumors that the Chinese government was going to ban miners and the bitcoin network after they ban the exchanges.

It's not a big drop, only like $200 or so.

I don't think you should worry about it too much. Price should recover at least to $3800 if not $4000 or more(would require some strong bullish market, though) by the end of the month.

onecall123

sr. member

Activity: 2156

Merit: 323

We had a massive correction, I think. Spreading of FUD the main cause as some uneducated trader have a panic sale! Be smart, don't panic, stay rational and enjoy this opportunity.

VegaAISolutions

member

Activity: 130

Merit: 10

honestly you're going to see these kind of burps happen constantly as the bubble increases it's going to pull back when people take profit and regulations hit but at the end of the day it's always going to keep Rising there's far too much vested interest and far too much money being pumped into it for Bitcoin to ever take a meaningful dive below where it's at now, maybe back when it was in the Thousand range and it was teetering on the edge of its all-time high it might have been possible but we've seen a Bitcoin that's above 3000 consistently and at this point there's really no going back it's just a matter of holding out for the cycle until we see 5,000 stable and then 10,000 stable just wait for the bubble folks it's going to burst eventually but it's one hell of a ride until then.

Rajamuda

sr. member

Activity: 924

Merit: 255

The recent decline on bitcoin prices is influenced by some news in China that can make many peoples panic / hastely on deciding to selling it. Well but we know given a bitcoin prices fluctuate over time, of course bitcoin prices will not continue to decline, many other things that could affect to bitcoin price can rising again for the next.

Golftech

hero member

Activity: 2128

Merit: 520

Quote from: sunsilk on September 22, 2017, 10:07:09 PM

Quote from: bitcoin31 on September 22, 2017, 09:16:41 PM

The price of bitcoin is now 3600 dollars , last few days the price of bitcoin is 4000 dollars the price decrease 400 dollars. If you want to buy bitcoin you can buy now and for sure you will earn a lot of profit in the future. But invest only you can afford to lose because we dont know what thw exact price of bitcoin in the next few days or month. I hope the pricd will increase so we can make profit.

It went $3,800 and it started to land at $3,600 and no more falls so that this can be a very good stable price for bitcoin at the moment.

Quote from: Slow death on September 22, 2017, 07:14:11 PM

-snip-

So this is the reason now why the price is falling again? Is anyone here is mad at what Dimon's doing? He surely is the demon of crypto currency.

we cant do nothing with this person but its he's way to make profits, just speculating about his stand maybe he's frustrated that he's business start being ruined or his part of the whale club which trying really crash the market and to hold more btc, its hard to predict where's direction will be heading but one
thing is for sure risk taker will take much bigger earnings in the long run if project succeed.

jorneyflair

hero member

Activity: 672

Merit: 500

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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?

Recently the price has indeed been dropping close to the end of the weeks but that doesn't mean that it is a trend all the time. There is no justification for why markets should behave like this and should be just a coincidence.

There are articles saying that China may be banning miners, but on the other hand Charlie Lee is saying that this is completely false.

Uncertainty from China is the main driving force of this dump. I think price should be recovering soon.

Kyraishi

hero member

Activity: 952

Merit: 513

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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?

Not sure what exactly but imo it should be something to do with the fact that there are rumors going on that china is going to ban everything bitcoin related including mining and transacting on the network, and not just trading bitcoin.

This remains FUD and unconfirmed. I do not think that this has anything to do with Fridays/weekends.

Anyways, great time to load up a few coins if you have the fiat.

sunsilk

hero member

Activity: 3038

Merit: 634

Quote from: bitcoin31 on September 22, 2017, 09:16:41 PM

The price of bitcoin is now 3600 dollars , last few days the price of bitcoin is 4000 dollars the price decrease 400 dollars. If you want to buy bitcoin you can buy now and for sure you will earn a lot of profit in the future. But invest only you can afford to lose because we dont know what thw exact price of bitcoin in the next few days or month. I hope the pricd will increase so we can make profit.

It went $3,800 and it started to land at $3,600 and no more falls so that this can be a very good stable price for bitcoin at the moment.

Quote from: Slow death on September 22, 2017, 07:14:11 PM

-snip-

So this is the reason now why the price is falling again? Is anyone here is mad at what Dimon's doing? He surely is the demon of crypto currency.

ecnalubma

sr. member

Activity: 1540

Merit: 420

www.Artemis.co

If there's a pattern about price chart then, the trading will become more traditional. For sure the FUD over media is one of the main reasons why bitcoins suffer price downwards these days. As of now there's no concrete source or reasons behind that affect its price. Its a free market anything can happen. I hate selling assets in the market right, its so bloody and disappointing.

bitcoin31

hero member

Activity: 1834

Merit: 523

The price of bitcoin is now 3600 dollars , last few days the price of bitcoin is 4000 dollars the price decrease 400 dollars. If you want to buy bitcoin you can buy now and for sure you will earn a lot of profit in the future. But invest only you can afford to lose because we dont know what thw exact price of bitcoin in the next few days or month. I hope the pricd will increase so we can make profit.

Slow death

legendary

Activity: 3164

Merit: 1127

Leading Crypto Sports Betting & Casino Platform

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

Is there any reason why the btc price is dropping again?

yes it exists and the reason is this:

China's Miners on Tenterhooks as Exchanges Soon Shut

"
While there has been nothing officially done on the legality of Bitcoin mining, amid bans striking other parts of the cryptocurrency market such as ICOs and exchanges, there is still fear and uncertainty.

Miners in China have always managed to turn a profit, with the country’s low electricity cost and seemingly friendly approach to mining and cryptocurrency. However, as China takes a hard-nosed line to cryptos, miners are debating if it is a good business to be in.

Mining farms

China holds sway in terms of the hashrate for Bitcoin mining, and besides the more well known pools such as Antpool and F2Pool, they may be under threat if the crackdown continues.

The real issue is for those looking to capitalise on mining possibilities in China, as now that formerly lucrative business has a cloud hanging over it.

A recent example is that of Wang Hongyi who, as explained by the South China Morning Post, was looking to open a mining farm with over 1,000 computers in a remote corner of Northwest China.

https://www.cointelegraph.com/news/chinas-miners-on-tenterhooks-as-exchanges-soon-shut

"

liseff3

sr. member

Activity: 532

Merit: 255

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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?

Same, until now I myself have not found the source of information "Why Btc prices down? ..."

Possibly, due to a decrease in Btc purchasing power or a decrease in Investors, this is a DISASTER for all of us, but this problem seems to be only temporary, something like this is common in various economic joints, such as trade, banking, and so on.
It would be nice if we remain optimistic to face this problem though a little painful.

Rahar02

hero member

Activity: 910

Merit: 523

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.

Question123

sr. member

Activity: 1624

Merit: 267

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.

eagleman

hero member

Activity: 1190

Merit: 504

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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?

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.

Inkdatar

hero member

Activity: 1582

Merit: 523

Quote from: SONG GEET on September 22, 2017, 12:32:36 PM

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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.

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.

Bitcoin is normal to drop and increase the price. Yes possible their cashing out their profit on weekend and most reason with the news of fudsters that bitcoin may drop the price. Well, if their is a bad news about bitcoin it may affect the price to dump.

aardvark15

hero member

Activity: 1008

Merit: 510

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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?

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.

SONG GEET

hero member

Activity: 700

Merit: 500

CryptoTalk.Org - Get Paid for every Post!

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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.

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.

otunyot

member

Activity: 224

Merit: 10

How about downward price speculator. you remember how numbers were been thrown around last few weeks.

SvenBomvolen

hero member

Activity: 588

Merit: 500

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.

YuginKadoya

legendary

Activity: 3038

Merit: 1169

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.

omnik

sr. member

Activity: 569

Merit: 250

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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.
Please stay calm and never be panic. Crypto will ne fine.

shintosai

hero member

Activity: 756

Merit: 500

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.

amacar2

legendary

Activity: 1120

Merit: 1008

CryptoTalk.Org - Get Paid for every Post!

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.

Asteria478

newbie

Activity: 26

Merit: 0

Quote from: TravelMug on September 22, 2017, 06:19:29 AM

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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?

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?

TravelMug

hero member

Activity: 2632

Merit: 833

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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?

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.

dothebeats

legendary

Activity: 3542

Merit: 1352

Cashback 15%

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.

Asteria478

newbie

Activity: 26

Merit: 0

Quote from: BitcoinHodler on September 22, 2017, 06:09:46 AM

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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?

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.

~~p.s. your topic should be in speculation board.~~ it looks like it is already moved Tongue

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?

BitcoinHodler

hero member

Activity: 1456

Merit: 579

HODLing is an art, not just a word...

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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?

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.

~~p.s. your topic should be in speculation board.~~ it looks like it is already moved Tongue

TTITA

full member

Activity: 378

Merit: 100

Quote from: DoublerHunter on September 22, 2017, 05:36:30 AM

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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.

some people told this was discount day, when start day in works day, price will be going raise up.

bitcub

sr. member

Activity: 952

Merit: 250

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

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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?

Lancusters

sr. member

Activity: 630

Merit: 263

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.

edynolan

full member

Activity: 364

Merit: 100

it's only temporary where some people sell their coins because the price is still high. on 30 sept china forbids bitcoin so automatic chinese society sells their coins. so to anticipate the fall in prices some people sell their little coins

Asteria478

newbie

Activity: 26

Merit: 0

Quote from: n4poleon on September 22, 2017, 05:45:52 AM

Maybe people are anticipating the grand FUD from China and buy back. But then shorters could be fucked as well. Just hodl. We'll find out soon enough. Next month would be interesting.

Im holding and will until winter comes in, then i need to get a car Grin

Wasnt there another bitcoin fork coming up with a split again?

n4poleon

full member

Activity: 252

Merit: 100

Maybe people are anticipating the grand FUD from China and buy back. But then shorters could be fucked as well. Just hodl. We'll find out soon enough. Next month would be interesting.

PMmesexycoins

full member

Activity: 546

Merit: 102

Stake's discord https://discord.gg/cZhK9vp

That's what it's trading for right now. Many reasons can affect people's decisions. People can point fingers here or there, but everyone's acting on self-interest in the end.

DoublerHunter

hero member

Activity: 2590

Merit: 644

Quote from: Asteria478 on September 22, 2017, 05:28:36 AM

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.

Asteria478

newbie

Activity: 26

Merit: 0

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?

Topic: BTC Price (Read 1390 times)