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Topic: drop of the value... any reasons? (Read 2856 times)

hero member
Activity: 910
Merit: 550
June 18, 2017, 07:02:31 PM
#64
If other users know how to value things? This speculation is simple and just to think of it, if cryptocurrency is decreasing? It's not a big problem tho some of us don't like it. Think of it as a good thing. Other people or us users can purchased another one because when the price is decreasing also the price of bitcoin may affordable
legendary
Activity: 1937
Merit: 1001
June 18, 2017, 05:43:54 PM
#63
The main reason is that superior crypto tech like Eth is overtaking Bitcoin rapidly, but since the market is still led by the bitcoin price everything including Eth will have to go through a dip first before rising as the superior and biggest coin that will lead all of future crypto tech development.
full member
Activity: 225
Merit: 100
June 18, 2017, 04:29:25 PM
#62
In my view it seems to be the time of gaining resistance to give a next price pumping.
Yeah, Grin we have a good resistance at $3000 and it looks like we have a good support above $2000,the only thing everyone is waiting is to see whether these two levels will be broken.
hero member
Activity: 994
Merit: 502
June 18, 2017, 01:06:18 AM
#61
As most users have said it's obviously based on the real nature of bitcoin to have fluctuations in between the price increase. This time this has been made a big talk because of the price expectation of the users. In my view it seems to be the time of gaining resistance to give a next price pumping.
sr. member
Activity: 1638
Merit: 300
June 18, 2017, 12:55:25 AM
#60
I think it is because the traders are doing their trade on a large scale they sell when the price of bitcoin increase and buy back when the price of it decrease. So when they all sell the price drop and at that time they again start to buy so the price start to increase.

That is really obvious everytime the price pumps, many investors with a massive coins even sold their stashes when it reached $2000 which is just a possibility in the past few months. Now we are leaving behind that price and looking forward at $3000. I guess if more dump will happen, I think it is because of panic.
hero member
Activity: 2632
Merit: 787
Jack of all trades 💯
June 18, 2017, 12:13:41 AM
#59
Hi,
i'm trying to understand why all crypto and especially BTC is falling dow since 48h? It's because the fear of the segwit to come in several weeks? Is the chinese market trading low?...
I think this is currently the same big falling as the one of the previous 25 may.. it dropped of 33% in 4 days, now we see almost the same loss.. But i can't really know why.
Pierre

You know ups and downs are normal in bitcoin price. This is a cycle and never will be end since we are dealing with the price volatility.

Now to point out the source, we all don't know. All are speculations. The upcoming August deal should make it's FUD not now or maybe yes just an early one. I don't see also manipulation here. Well I guess I have to state my own speculation too; bagholders create a bearish market and they succesfully grab others that's why the price went down much. Isn't it nice to have more bitcoins before the positive result on August? Why positive? Jusy my speculation.

Price is rebounding up today so no worries. If you didn't take the opportunity to buy coins recently then goodluck waiting again for the price dip.

It surprises me somewhat this price increase considering how close August 1 is. It seems that investors and traders are confident that there will be no split after that day and that is a good sign. I wish they are right.

Some people holding the great Speculators says that theirs another boost happening on bitcoins history and you can also define to yourself since actually this downfall is supernormal since its occuring when price is supper high or reach to its another milestone and maybe those high jumps will be occured next month if theirs no bad things will blocked it.
hero member
Activity: 644
Merit: 501
June 17, 2017, 10:42:15 PM
#58
Think about it this way.

When bitcoin is "pumped", it means that people are buying into it with their savings. In the trader's case, they are usually margin trading, aka borrowing bitcoins to conduct their trades, and they have to pay interest on that.

Now bitcoin has risen exponentially in value over the past few weeks, a lot of traders probably have short positions open on the bitcoin/usd pair, but the bull market is so strong that they are forced to liquidate on their investments. But all good things has to come to an end, when there are enough shorters as well as sellers, then the market turns bearish. And when it does, the traders who went long on bitcoin is forced to sell as well to keep their profit and repay their loan. So this drives the price down further. This is called a long squeeze.
hero member
Activity: 770
Merit: 500
June 17, 2017, 06:59:08 PM
#57
I think it is because the traders are doing their trade on a large scale they sell when the price of bitcoin increase and buy back when the price of it decrease. So when they all sell the price drop and at that time they again start to buy so the price start to increase.
hero member
Activity: 1176
Merit: 501
June 17, 2017, 06:51:36 PM
#56
Hi,
i'm trying to understand why all crypto and especially BTC is falling dow since 48h? It's because the fear of the segwit to come in several weeks? Is the chinese market trading low?...
I think this is currently the same big falling as the one of the previous 25 may.. it dropped of 33% in 4 days, now we see almost the same loss.. But i can't really know why.
Pierre

You know ups and downs are normal in bitcoin price. This is a cycle and never will be end since we are dealing with the price volatility.

Now to point out the source, we all don't know. All are speculations. The upcoming August deal should make it's FUD not now or maybe yes just an early one. I don't see also manipulation here. Well I guess I have to state my own speculation too; bagholders create a bearish market and they succesfully grab others that's why the price went down much. Isn't it nice to have more bitcoins before the positive result on August? Why positive? Jusy my speculation.

Price is rebounding up today so no worries. If you didn't take the opportunity to buy coins recently then goodluck waiting again for the price dip.

It surprises me somewhat this price increase considering how close August 1 is. It seems that investors and traders are confident that there will be no split after that day and that is a good sign. I wish they are right.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
June 17, 2017, 06:12:25 PM
#55
Hi,
i'm trying to understand why all crypto and especially BTC is falling dow since 48h? It's because the fear of the segwit to come in several weeks? Is the chinese market trading low?...
I think this is currently the same big falling as the one of the previous 25 may.. it dropped of 33% in 4 days, now we see almost the same loss.. But i can't really know why.
Pierre

You know ups and downs are normal in bitcoin price. This is a cycle and never will be end since we are dealing with the price volatility.

Now to point out the source, we all don't know. All are speculations. The upcoming August deal should make it's FUD not now or maybe yes just an early one. I don't see also manipulation here. Well I guess I have to state my own speculation too; bagholders create a bearish market and they succesfully grab others that's why the price went down much. Isn't it nice to have more bitcoins before the positive result on August? Why positive? Jusy my speculation.

Price is rebounding up today so no worries. If you didn't take the opportunity to buy coins recently then goodluck waiting again for the price dip.
hero member
Activity: 2184
Merit: 531
June 17, 2017, 03:08:10 PM
#54
Now most coins are on the rise again.

This is manipulation, some whales are profiting largely from this
It was a typical move to take profits. No real manipulation or anything like that, just bots doing their work.
Here's how  it starts. A number of people see no real upward movement and decide to take their profits and dump. This triggers the bots to terminate positions and further dumps. I've seen it before Wink
legendary
Activity: 1862
Merit: 1004
June 17, 2017, 02:47:33 PM
#53
Corrections. What goes up must eventually come down.

We've been here before and all its ups and downs. Let's just hope it levels down to a stable floor.
Correction because bitcoin reached overbought state or there is no longer support level for increased price is one thing.
But "correction" based and fueled by bad news and FUD is something entirely different - it is nothing but instantaneous massive sell-off caused by panic.

hero member
Activity: 741
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
June 17, 2017, 02:27:57 PM
#52
Now most coins are on the rise again.

This is manipulation, some whales are profiting largely from this
legendary
Activity: 3080
Merit: 1353
June 17, 2017, 02:24:50 PM
#51
24 hour high of $2600+ on bittrex.
Slowly but surely the rise is on again after the 'Thursday bloodbath'
I'm not sure if there will be a levelling off soon.

Let's say its around $2600-$2700 levels now. Others say that the situation has someone calm now about the "Thursday Bloodbath". Its gonna be a boring phase but we sure love to see this that seeing the price go down everyday. This slow phase might run for a week before seeing going to reach the $3000 price. And remember in the next coming weeks Australia will be coming into the picture so we might see a really good price by July. And as long as you don't panic and manage not to sell then I think the opportunity to gain profit in the coming weeks looks good.
legendary
Activity: 2464
Merit: 1387
June 17, 2017, 02:03:02 PM
#50
24 hour high of $2600+ on bittrex.
Slowly but surely the rise is on again after the 'Thursday bloodbath'
I'm not sure if there will be a levelling off soon.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
June 17, 2017, 08:51:25 AM
#49
Corrections. What goes up must eventually come down.

We've been here before and all it's ups and downs. Let's just hope it levels down to a stable floor.
legendary
Activity: 3710
Merit: 1170
www.Crypto.Games: Multiple coins, multiple games
June 17, 2017, 08:10:17 AM
#48
If you are old holder of bitcoin you know this already that the movement of the price is normal price drop and normal growth..
If we seen that the price was drop  at $2,300 value the price still in the level of high price that i think the price can be still increase more back again.
There are many traders are i think satisfied what the price increase from $2,900 and sold almost $600 and other people are panic sell that is why the price instead of increase back gain the price stay long in the present price..
So i hope those people who are holding bitcoin don't sell yours better to hold it for a long time because we will see large pump back again more $2,900 because i believe that it will happen.
Honestly I didn't get panic on seeing bitcoin prices falling from $2950 levels. Some news magazines are calling it Thursday bloodbath. Still I didn't lose my nerves. Because like you have mentioned we have seen many times bitcoin places were highly fluctuating ups and downs and bouncing back more quickly than ever. I hope this type of moments will be happening one more hundred times in near future and we can still have faith even at those times to have some huge price levels for bitcoin like in million dollars.

There could be many reasons for bitcoin prices for fluctuating like profit booking by whales and panic selling by novice traders but we should never forget bitcoin is finding its momentum among many big issues are persisting with it. It means fundamentally bitcoin is staying strong regardless of any seasonal problems.
full member
Activity: 334
Merit: 101
June 17, 2017, 06:12:24 AM
#47
ist alwas the same. there are some dumps but Bitcoin always recover and Keep growing. 
legendary
Activity: 3374
Merit: 3095
Playbet.io - Crypto Casino and Sportsbook
June 15, 2017, 06:55:43 PM
#46
Hi,
i'm trying to understand why all crypto and especially BTC is falling dow since 48h? It's because the fear of the segwit to come in several weeks? Is the chinese market trading low?...
I think this is currently the same big falling as the one of the previous 25 may.. it dropped of 33% in 4 days, now we see almost the same loss.. But i can't really know why.
Pierre
do not panic !! Now prices start to improve and increase again, the price of some exchange has reached 2300USD. It seems yesterday only a short correction. It really affects the belief of bitcoin users, we see at this time that the volume of transactions began to run normally. It indicates the price of bitcoin began to rise again and ogled many people.
yes that is very normal to bitcoin price. i think currently we cannot expect any panic selling. because people are confident about the price  of bitcoin to increase and hope that this time it is going to cross 4000$ dollar because there are still too many good new to hear about bitcoin which will really make the price once again skyrocket.  and therefore i am also still holding my  bitcoins and not going to sell it.
If you are old holder of bitcoin you know this already that the movement of the price is normal price drop and normal growth..
If we seen that the price was drop  at $2,300 value the price still in the level of high price that i think the price can be still increase more back again.
There are many traders are i think satisfied what the price increase from $2,900 and sold almost $600 and other people are panic sell that is why the price instead of increase back gain the price stay long in the present price..
So i hope those people who are holding bitcoin don't sell yours better to hold it for a long time because we will see large pump back again more $2,900 because i believe that it will happen.
hero member
Activity: 798
Merit: 501
June 15, 2017, 05:47:53 PM
#45
Hi,
i'm trying to understand why all crypto and especially BTC is falling dow since 48h? It's because the fear of the segwit to come in several weeks? Is the chinese market trading low?...
I think this is currently the same big falling as the one of the previous 25 may.. it dropped of 33% in 4 days, now we see almost the same loss.. But i can't really know why.
Pierre
do not panic !! Now prices start to improve and increase again, the price of some exchange has reached 2300USD. It seems yesterday only a short correction. It really affects the belief of bitcoin users, we see at this time that the volume of transactions began to run normally. It indicates the price of bitcoin began to rise again and ogled many people.
yes that is very normal to bitcoin price. i think currently we cannot expect any panic selling. because people are confident about the price  of bitcoin to increase and hope that this time it is going to cross 4000$ dollar because there are still too many good new to hear about bitcoin which will really make the price once again skyrocket.  and therefore i am also still holding my  bitcoins and not going to sell it.
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