today bitcoin price drop quickly , is there any news of the negative?
People cashing out for fiat to buy presents because few people are yet using bitcoin directly to buy goods. 
Topic: Christmas is coming, but the price drop quickly - page 2. (Read 3006 times)
today bitcoin price drop quickly , is there any news of the negative?
It is normal , more people are selling their bitcoin for buy the christmas gifts for the family. If you want to see the rise of bitcoin price , you have to wait after (maybe ~ before) the next block reward halving.
Exactly. Actually many people are selling their bitcoin in way to sustain chrimstas expens for friends, family ecc. But, I don't like so much this way to do things. Be sure that price will raise the next year probably
IT has been consistently going down all year, I think the bubble that spiked last year caused much of this. I don't think that value was supposed to sky rocket like that right away, it should go up gradually but it will just take some time
Usually around the holidays I stop trading stocks as well. People tend to sell off assets to pay off credit cards and to buy gifts so you can see a drop off even though nothing fundamentally has changed.
It still stays a good price i find. The market is always a little bit calmer at the end of the year. That's so with everything. Maybe that can be a reason.
December 2013 is not going to repeat itself, but I have good hopes for mid 2015.
Everyone has been selling btc for weeks, cheap gifts on black friday, need to buy christmas gifts soon, higher fuel bills due to colder weather, end of tax year soon, those make btc price keeps going down, I think 2015 will be a fresh start for bitcoin...
Merry christmas and Happy new year
Merry christmas and Happy new year
Well often the markets die down at christmas because almost everyone is away from their computers, I wouldn't really run around in a panic until after the first quarter of next year and yes, I'm being that specific.
I doubt this is just christmas spending occurring. Anyone have thoughts of what truly is causing the downslide? I think it has to do with lack of substantial news for bitcoin and with ApplePay taking over the "new and exciting payment" news, bitcoin is now a burner story to a lot of news people.
Buying people presents for Christmas isn't the driver of declining prices.
The driver is that there are more sellers than buyers.
To everyone's Christmas point though, if more retailers accepted BTC and those retailers didn't want to sell their BTC as soon as payment was received you'd see a more stable price.
For the recent news, check out www.coindesk.com, they usually have the latest.
The driver is that there are more sellers than buyers.
To everyone's Christmas point though, if more retailers accepted BTC and those retailers didn't want to sell their BTC as soon as payment was received you'd see a more stable price.
For the recent news, check out www.coindesk.com, they usually have the latest.
Just a normal trend. People need money to buy gifts for their loved ones this Christmas, so they sell their precious bitcoins to fiat just to buy those.
How I wish more things can be bought with bitcoin. Wouldn't it be nice?
How I wish more things can be bought with bitcoin. Wouldn't it be nice?
well people need money for christmas hehe
maybe thats why price going down
maybe thats why price going down
I think users are starting to spend the bitcoin they hold because there isn't much news recently which could bring prices up in the near future. This is good for bitcoin as a currency.
by the way , the next block reward halving needs how long ? two years?
~ 31-07-2016 19:42:02 UTC (84 weeks, 4 days, 4 hours)
Source: http://bitcoinclock.com/
Difficulty keeps going down, that might be one of the reasons.
Use this drop in your advantage to buy up some coins.
yes i just bought some . Use this drop in your advantage to buy up some coins.
use my free money
Difficulty keeps going down, that might be one of the reasons.
Use this drop in your advantage to buy up some coins.
Use this drop in your advantage to buy up some coins.
by the way , the next block reward halving needs how long ? two years?
~ 31-07-2016 19:42:02 UTC (84 weeks, 4 days, 4 hours)
Source: http://bitcoinclock.com/
by the way , the next block reward halving needs how long ? two years?
today bitcoin price drop quickly , is there any news of the negative?
It is normal , more people are selling their bitcoin for buy the christmas gifts for the family. If you want to see the rise of bitcoin price , you have to wait after (maybe ~ before) the next block reward halving.
maybe.. wish bitcoin will be better in 2015
today bitcoin price drop quickly , is there any news of the negative?
It is normal , more people are selling their bitcoin for buy the christmas gifts for the family. If you want to see the rise of bitcoin price , you have to wait after (maybe ~ before) the next block reward halving.
today bitcoin price drop quickly , is there any news of the negative?
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