drop of the value... any reasons? - page 3.

batang_bitcoin

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Quote from: Asrael999 on June 15, 2017, 03:25:57 AM

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.

No way, I don't want to see the price of bitcoin back at 2 digits of dollar per bitcoin. For sure there are FUD that are being spread again into the bitcoin community and starts to make some false information for most of the users and it gives some fear to them if they won't sell today, China also is doing something crazy now.

magneto

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Quote from: pierr on June 15, 2017, 12:49:47 AM

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

All good things have to come to an end, bitcoin prices are no exception.

The pump was a pretty long lasting one with several adjustments along the way, although bitcoin still was able to pull through all of them and keep on going up. It does seem like that the $3k was the final barrier that bitcoin isn't able to break, and when that wasn't able to happen i guess a lot of traders just panicked and sold their bitcoin for quite a cheap price, driving the price down.

Quote from: bitbunnny on June 15, 2017, 02:20:47 AM

I would say it's another correction of price that happens more or less regulary. Many altclooins have dropped also. But it's not the time for panic. In situation like this many users, especialy those unexperienced start to fear they will loose funds and want to sell as soon as possible. Don't fall for this.

Agreed. Maybe it's the final dump, maybe there is going to be more pumps coming. Either way there is no need to worry as long term bitcoin is going up for sure.

pierr

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Quote from: Denker on June 15, 2017, 03:04:31 AM

Quote from: pierr on June 15, 2017, 12:49:47 AM

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

There is small little idiot in China who thinks he deserves all the power to control Bitcoin.
That's why we are dropping.
Typical FUD and empty talk in my opinion. I will sit it out as I have done before. What goes up will come down. And what is down will go up. This is Bitcoin!

Really? main reason is from china want to control btc? i think its extremly dangerous to let chinese people to get the 75% of crypto because of the government could do anything anytime by not respecting any rules. This could be becoming a economic war (because usa is nearly dead). But this is my neebie opinion.

aoluain

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Quote from: Kakmakr on June 15, 2017, 01:49:58 AM

Quote from: bitcoinentchen on June 15, 2017, 01:38:27 AM

i hope the pullback stops soon

Why? The lower the price drops, the cheaper you will be able to buy some more bitcoins. Most of this is just short-term speculators running around like headless chickens and selling when they see the slightest drop in the price. I just love it when the price drops like this. Last time I was able to buy loads of cheap coins and I sold it for triple the value I bought it at. < Yes, I had to wait for a year, but I made huge profits >

The distribution of coins are spread uneven, with a small percentage of people owning a lot of coins and then a large percentage of people owning a small percentage of the remaining coins. This makes bitcoin price manipulation possible, when a few of these whales dump some coins. < They dump, wait for the price to drop and buy in cheap again when other people start to panic sell > ^smile^

no, this is the way to go, i'm not long in crypto and already
this year I have seen this rise and drop in value
and people buying and selling in a frenzy.

play it cool, buy low! Wink

Asrael999

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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.

Eram

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Quote from: Denker on June 15, 2017, 03:04:31 AM

Quote from: pierr on June 15, 2017, 12:49:47 AM

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

There is small little idiot in China who thinks he deserves all the power to control Bitcoin.
That's why we are dropping.
Typical FUD and empty talk in my opinion. I will sit it out as I have done before. What goes up will come down. And what is down will go up. This is Bitcoin!

Hi Denker,
Could you elaborate on this?

What little idiot and what is he doing?

Denker

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Quote from: DGulari on June 15, 2017, 12:55:35 AM

Quote from: pierr on June 15, 2017, 12:49:47 AM

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'.

Sooooo much bs you've written here!
Pure lies and twisting facts in your own favour.
This is embarrassing, extremely obvious and pretty lame.
I hope the noobies here read and research on their own to see and understand what's the truth here.

Denker

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Quote from: pierr on June 15, 2017, 12:49:47 AM

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

There is small little idiot in China who thinks he deserves all the power to control Bitcoin.
That's why we are dropping.
Typical FUD and empty talk in my opinion. I will sit it out as I have done before. What goes up will come down. And what is down will go up. This is Bitcoin!

alyssa85

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Quote from: DGulari on June 15, 2017, 12:55:35 AM

Quote from: pierr on June 15, 2017, 12:49:47 AM

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'.

This. The risk is such that it makes sense to switch to fiat and wait and see what happens - which is why the price is falling.

bitbunnny

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I would say it's another correction of price that happens more or less regulary. Many altclooins have dropped also. But it's not the time for panic. In situation like this many users, especialy those unexperienced start to fear they will loose funds and want to sell as soon as possible. Don't fall for this.

mundang

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As long as bitcoin stays above $ 2000 no need to panic cause its still a high value. Once it drops below that line expect the things to get worst, panic selling cant be stop at that moment.

haroldtee

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Can't really say specifically what may be wrong. Could be as a result of the upcoming fork and the fact that it is gradually becoming inevitable. Nevertheless, it is strange though as over 95% of the coins listed on coinmarketcap had dropped hugely in value within the last 24hrs. Hmm... Watching in 4D. Let's just hope it is the usual high and lows we always experience.

Kakmakr

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Quote from: bitcoinentchen on June 15, 2017, 01:38:27 AM

i hope the pullback stops soon

Why? The lower the price drops, the cheaper you will be able to buy some more bitcoins. Most of this is just short-term speculators running around like headless chickens and selling when they see the slightest drop in the price. I just love it when the price drops like this. Last time I was able to buy loads of cheap coins and I sold it for triple the value I bought it at. < Yes, I had to wait for a year, but I made huge profits >

The distribution of coins are spread uneven, with a small percentage of people owning a lot of coins and then a large percentage of people owning a small percentage of the remaining coins. This makes bitcoin price manipulation possible, when a few of these whales dump some coins. < They dump, wait for the price to drop and buy in cheap again when other people start to panic sell > ^smile^

dwtan

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probably bitmain UAHF?

maokoto

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Do not really know what is it, but every time it pulls back some people get scared and later (weeks or months) it ends recovering. I prefer to just wait and have patience. Did not expect the recent raise from the 1000's to the 2000's anyway, so better not panic now.

Herbert2020

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all of the rest of the crypto are dumping because they were in a big ass bubble and it was time for them to get dumped although not all of them have started their dumping phase yet. so be careful when they start things will get nasty.

as for bitcoin as others have said it is the scaling debate all over again. bitmain post started it and then the idiotic panic started like it always does!

bitcoinentchen

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i hope the pullback stops soon

L00n3y

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Quote from: Vixmore on June 15, 2017, 01:01:29 AM

Quote from: DGulari on June 15, 2017, 12:55:35 AM

Quote from: pierr on June 15, 2017, 12:49:47 AM

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.

If people are not careful, the Ethereum blockchain will be the primary vehicle for their economic enslavement. Im still sticking to BTC, and go to monero when things got tough. Just an opinion.

leigh2k14

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Wow brutal pullback, just a little over $2100 on polo.

n0ne

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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.

Topic: drop of the value... any reasons? - page 3. (Read 2856 times)