It not that low know. You can see that the value is rising slowly and that is very good for those people who already has made an investment.
And we all hope that it will rise for a long time and that more people can have some profit, because of Bitcoin.
Topic: Does anyone know why Bitcoin is down today? (Read 2472 times)
Just curious. Thanks.
Why up, why down? Normal things probably.. like everything else on market. I think this fall its not to big to be worried about. Lets just relax and see how it will be in next few days. I believe we will see 500 soon.
of course that it's normal things in bitcoin world, price of bitcoin changes 4 times in day,
sometimes it rises, sometimes falls down, and everyone have no idea why, it just happens day by day, sometime because of pump and dump, no need to be afraid
I think it is the profit taking. The recent price rose from $320 to $470. So a drop of $40 is just a small profit taking.
I don't really know but I am curious too. What is actually a strategy to make bitcoin go up or down??
Because if we know than I will just try my best to make bitcoin higher.
Because if we know than I will just try my best to make bitcoin higher.
In order to be a market mover, you need a good amount of fiat. Minimum of $500K in fiat and at least 1000 Bitcoins will be a good start. If you have that kind of value to play with, then you can make the price a little bit higher.
I don't really know but I am curious too. What is actually a strategy to make bitcoin go up or down??
Because if we know than I will just try my best to make bitcoin higher.
Because if we know than I will just try my best to make bitcoin higher.
What I can tell you is that bitcdoin is just a roller coaster that you don't spec that it can go down or up.
For me doesn't matter if it goes down now. I am just holding my bitcoin for a long term.
For me doesn't matter if it goes down now. I am just holding my bitcoin for a long term.
the reason for all this dump is
China whales.
China whales.
for the same reason BTC was up recently: for no reason at all
There is always a reason why it goes down. But I just don't really follow all the things about bitcoin going up or down.
For me is just aside work that I can do to just make profit. So yeah there is always a reason, but not sure what.
I don't think there is a specific reason for it to go down right now. Bitcoin is still hanging on, the green lines out throw the red ones.
I look at it as a chance to buy, it's not even that low.
I look at it as a chance to buy, it's not even that low.
for the same reason BTC was up recently: for no reason at all
Just curious. Thanks.
Because there's no reason to go up... or even to be this high. The only way is down.
the block halving is reason enough, isn't it? we are not even that high. people were easily buying when the price reached $425. they wouldn't do that if they thought the price to be high.
It will come back up on new years, buy all that you can now (:
Just curious. Thanks.
Because there's no reason to go up... or even to be this high. The only way is down.
Just curious. Thanks.
Because the market decided to do so. More sellers than buyers I'd say.
Bitcoin goes up and down.And maybe a few people wanna take some profits to buy a few more christmas presents.
There could be several more reasons of course. However I wouldn't think too much about that.
@OP,
There are basically no reasons which can answer your question, because if there might be reasons, we must be seeing stability in markets instead of this high volatility which is just the result of manipulation of big whales and nothing...
So, just chill, relax, wait and watch the price where it goes...
There are basically no reasons which can answer your question, because if there might be reasons, we must be seeing stability in markets instead of this high volatility which is just the result of manipulation of big whales and nothing...
So, just chill, relax, wait and watch the price where it goes...
I don't think it is due to any fact or reason. That is pure manipulation as you can see now it is up again with lots of buying force. Bitcoin market seems very resistant to dump these days don't worry.
No one here knows beside the big guys behind the dump. It gave us a bit action yesterday and the opportunity to buy back lower. I managed to short some coins at $451 and buy them back at $430. Not the biggest profit, but still better than nothing 
Just curious. Thanks.
Not sure.. I'm wondering too.
Th reason for down fall might be some people are encashing their bitcoins into fiat for getting ready for the occasions. More over a pull back is more common in a commodity trading before going forward.
Going down and coming up are two sides of coin and every organization has to accept it. Also there's not a specific reason for downfall of btc. The reason may be users of btc are lacking interest to trust btc as its competitors aims to spread rumours about btc to be a hurdle in its growth.
It is just stabilizing ,400~ will be the base price for mining profitability after halving, like it was stable around 200~ sometime ago.
a thread for every pump and every dump
a thread for every pump and every dump
you want some good down in an up trend....it sets more of a stable floor inmho
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