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Topic: drop of the value... any reasons? - page 2. (Read 2856 times)

copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
June 15, 2017, 05:45:16 PM
#44
Bitcoin, as well other crypto, incrased far too much, we have to be honest. We used to see the Bitcoin value incrasing by 50$ daily if not more. What more? Now we are paying the past insane incrase in the price value. Or in another word, we are getting back to the reality now. Not a bad one still  Grin
sr. member
Activity: 602
Merit: 250
June 15, 2017, 05:41:17 PM
#43
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
The reason is the Core/Blockstream are about to force a contentious fork on the blockchain.  This is about the same as a ship hitting an iceberg.  Maybe it will survive; maybe not.  But in either case, it is very fucking bad. 

Blockstream thinks they own the blockchain and that they should be able to monetize all small transactions. They fucking ruined it.  Go buy Ethereum now.  Ethereum is the de facto world currency and monetary platform.  Even Microsoft (and many, many other important companies) is investing large teams of people to work on Ethereum integrations.  Ethereum is very well organized and moving forward with development.  Bitcoin has been infighting for 2 years now - making no progress at all.  How long are you going to wait around for a solution while the other platform flies like a rocket to the moon?  Bitcoin holders are fucked.  Especially once the fork hits. 

Do you really think a two year Bitcoin war and those 'leaders' at Core are what you want to bet on? lol.  That is otherwise known as a 'pig fuck'. 
Yeah bitcoin is basically fucked. I have invested most of my bitcoin in ethereum because it seems to be constantly rising in price.
We do not ave to worry about the price of bitcoin and have to be in strong believe in bitcoin and do not need to spend our bitcoin on any other asset because it is sure that in the long term the price of bitcoin will increase and all of the users will earn a high profit from it while other options are useless and baseless.
legendary
Activity: 3276
Merit: 1029
Leading Crypto Sports Betting & Casino Platform
June 15, 2017, 05:21:56 PM
#42
now at the moment on Bittrex the dollar value is back up to $2380
a stead rise from $1900, it might fall again but we are going through
a spell of turbulence or volatility but it should rise healthily
I think the little bearish will be happening in the future. but the bitcoin already made its comeback and try to rebound again. It will be back above $2500 as fast as possible. The bankers are trying to make the panic sells to the bitcoin market with released the junky statement about bitcoin. The bad news is bitcoin was added to the bill. Open this link.
https://www.congress.gov/bill/115th-congress/senate-bill/1241/text#toc-idea0e9489fc8f46379f95bb56c8bbbda5
legendary
Activity: 2464
Merit: 1387
June 15, 2017, 04:51:25 PM
#41
now at the moment on Bittrex the dollar value is back up to $2380
a stead rise from $1900, it might fall again but we are going through
a spell of turbulence or volatility but it should rise healthily
sr. member
Activity: 503
Merit: 250
June 15, 2017, 04:49:38 PM
#40
I think the one going price drop to be the one which is just getting prepared for the next price pumping to reach $3000. It has been quite sustained for a long and now from the past few days after being close to $3000 the gradual decrease has happened and now nearing to $2500. Can expect a big price pumping in a short.
Yeah it has been like that for a few times right I mean the price would drop and some investors would wait till the price that they want,
Then suddenly the price would pump up because of those who bought a large number of bitcoin while it is at a low price so I am really waiting for the pump.
hero member
Activity: 560
Merit: 502
June 15, 2017, 04:45:25 PM
#39
I always thought that bitcoin can't be destroyed from outside. What will actually happen is internal dispute and fracture of BTC which will lead to total crash.
Bitmain/Blockstram and idiots who think that they deserve to own blockchain are to blame. They are already rich and they thigh they can be even richer by stealing the cake.
Maybe I will sell all my BTC and end it all?

member
Activity: 100
Merit: 12
June 15, 2017, 04:22:09 PM
#38
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
The reason is the Core/Blockstream are about to force a contentious fork on the blockchain.  This is about the same as a ship hitting an iceberg.  Maybe it will survive; maybe not.  But in either case, it is very fucking bad.  

Blockstream thinks they own the blockchain and that they should be able to monetize all small transactions. They fucking ruined it.  Go buy Ethereum now.  Ethereum is the de facto world currency and monetary platform.  Even Microsoft (and many, many other important companies) is investing large teams of people to work on Ethereum integrations.  Ethereum is very well organized and moving forward with development.  Bitcoin has been infighting for 2 years now - making no progress at all.  How long are you going to wait around for a solution while the other platform flies like a rocket to the moon?  Bitcoin holders are fucked.  Especially once the fork hits.  

Do you really think a two year Bitcoin war and those 'leaders' at Core are what you want to bet on? lol.  That is otherwise known as a 'pig fuck'.  
Yeah bitcoin is basically fucked. I have invested most of my bitcoin in ethereum because it seems to be constantly rising in price.

Ethereum was hard forked last year and this year it went up 3000%, so ...
legendary
Activity: 1596
Merit: 1011
June 15, 2017, 04:07:57 PM
#37
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.
member
Activity: 109
Merit: 100
June 15, 2017, 03:52:52 PM
#36
Dont worry you need to come back to start moving straight Wink
If to speak frankly, Well, probably I wish you that bitcoin has a little lowered, so that it was possible to buy more coins. Everyone knows that Bitcoin will grow and get into this very hard. But to take advantage of short-term falling Want many too.
sr. member
Activity: 364
Merit: 250
June 15, 2017, 11:17:20 AM
#35
Who would know the entire and exact reason/s, right? It seems illogical to me (the price drop) since we are about to welcome Australia this coming July. It should have been going up by now since we only have half a month to witness this.

At some point, I have read a post in this forum that someone cashed out a huge amount of Bitcoin and it triggers the decline in Bitcoin's price.

When both bitcoin and altcoin price is going down, it only means one thing. People are cashing out their money. You can see the ecosystem going on. When the price of bitcoin in terms of dollar is increasing, then altcoin prices are going down (in bitcoin terms) and vice versa. But if both of them are going down, then the fiat money supplied is going down.

Apparently someone sold $839K worth of bitcoins. (Source) It's pretty annoying seeing people talking that ETH is starting to take over when in fact ETH is just crashing as much as bitcoin does. There's no competition going on at the moment, really. People are simply cashing out huge amounts of money.
hero member
Activity: 2058
Merit: 538
Leading Crypto Sports Betting & Casino Platform
June 15, 2017, 09:18:52 AM
#35
Dont worry you need to come back to start moving straight Wink
hero member
Activity: 1148
Merit: 504
June 15, 2017, 09:14:20 AM
#34
best thing we can all do is just stop using bitcoin, sell it all , let the price drop back to $10-$15 and see how the miners with their asics feel with a 12.5 BTC block reward and no way to cover their mining costs.  Then once they've all gone bust we can get a functioning system back again - apologies to all those who will lose their shirts during the process though.

I doubt anyone would want the price to drop to that price and start over again. It may not even recover at all if it dropped that low even if it was initiated by users. And what is the assurance the problem won't repeat after your plan?
legendary
Activity: 1946
Merit: 1006
Bitcoin / Crypto mining Hardware.
June 15, 2017, 08:59:07 AM
#33
It's called shaking of the tree, to remove weaklings.


sr. member
Activity: 1400
Merit: 347
June 15, 2017, 04:47:13 AM
#32
To me it just looks like a small correction, nothing to worry about.
I was reading some articles claiming that a crash is about to happen and predicting every bad thing on earth, but that's just nothing more than an exaggerated statement to gain views

The guys who write those articles to spread panic are the same whales who are using bear tatics to enrich themselves: dump the coins and buy it cheaper later.
full member
Activity: 210
Merit: 100
💰💰💰💰
June 15, 2017, 04:31:14 AM
#31
To me it just looks like a small correction, nothing to worry about.
I was reading some articles claiming that a crash is about to happen and predicting every bad thing on earth, but that's just nothing more than an exaggerated statement to gain views
legendary
Activity: 1526
Merit: 1179
June 15, 2017, 04:25:26 AM
#30
What a nonsense is that. If you changed the metric to total supply on the coinmarketcap website, you would have noticed that we have gone through the $200 billion mark several times already.

People here should learn to look further than what they see on first sight......

hero member
Activity: 812
Merit: 509
June 15, 2017, 04:24:42 AM
#29
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?

No. Not likely at all. If people were scared of the fork then they would have pulled out of bitcoin long ago, not now. It's not like they didn't have access to info that states that there is going to be a UASF at 1st August before this week.

Quote
Is the chinese market trading low?...

China probably doesn't have the #1 position in influence in btc anymore so no. This is due to their exchanges getting scrutinized by their central bank.

Quote
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.

Just a correction. It may bounce up or it may just stay at this price level but it seems unlikely that it'll go down any further at the moment.
full member
Activity: 219
Merit: 100
Art is the triumph over chaos
sr. member
Activity: 420
Merit: 250
June 15, 2017, 04:02:30 AM
#27
Looks like another correction price but I'm not really sure though what really  is the reason why it is dropping down lately. Have to read more updates and news, anyways if it still keeps on going down we better take advantage and buy bitcoin while the price is still low.
member
Activity: 64
Merit: 15
June 15, 2017, 04:02:13 AM
#26
Thank for all for your opinion.
Its clear that there is many parameters:
-a coming soon update of btc and this create a little panic
-a roof a 3k$ not breakable (for the moment), and thats make a little panic
-its a normal situation when the price rising high and during pretty long time
 
What i can't understand is, because of ethereum should be a nice challenger of btc, if btc drop, eth should rise.
But it seems this is a global rectification after several rize for all money. And it is much more complex to understand, i think.
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