Wait to be rich when the price go up.
Topic: How Come Bitcoin Dropped? (Read 2514 times)
A lower price for bitcoin is better for us investors. Just buy as much as you can, and HOLD.....
Wait to be rich when the price go up.
Wait to be rich when the price go up.
Due to falling prices, it rises more expectation is also valid assesorator. Even if prices have been bought higher, when lower equitiy was on sale because of dollar divergencies now the prices fluctuate not as much as they did back then. I would say my bets are on a prices higher thean rising at a low rate - thus hold and sell until we go to and drop from to the moon again, then sell. BOOM BUST BABY 4EVA!!! (watch my tube - "all that stolen wallet-to-da-moon-mind-thebear-u-troll-edit")
Just a bunch of negatives happening around the same time which led me to believe it had an impact on the BTC price.
Negatives : Bitstamp hack, CEX stopping mining, possibly Russia situation and probably MMs.
Negatives : Bitstamp hack, CEX stopping mining, possibly Russia situation and probably MMs.
This might have contributed also https://www.cryptocoinsnews.com/bitcoin-ponzi-cryptodouble-disappears-least-2233-bitcoins/
Bitffinex alone shows a big red 3-day bar of >500k bitcoins starting Jan 13th. Somebody big is selling. Until they stop and then renewed interest in bitcoin begins anew it'll keep falling.
I thought Bitcoin it's about $360++ based on Preev Rates previously and how come it's $195.90 now?
I guess that getting Bitsmap hacked played a big part on the crash of the price . so yeah ...
I thought Bitcoin it's about $360++ based on Preev Rates previously and how come it's $195.90 now?
I would say panic. If you have a house worth a million and price start falling and its 800K and still expected to drop, then you would sell too.
People that have essentially stolen the coins they hold from others via Cloud Mining scams, HYIP, ponzi schemes and outright hack's could give two s!@# about BTC price, thus, far more selling than buying going on.
More sellers than buyers...it's as simple as that.
and also there are a lot of dumpers who sell a lot of coins at a small amount of time
Well it was not of total surprise given the past history of the bitcoin. But if that's true, then it will rise up at some point given the past history of bitcoin.
Basically it's a case of lack of fresh new fund going in to buy up the coins. New coins by miners or whoever will end up in the market. If there are more supply than demand, naturally seller will be more than willing to lower the selling price in order to conclude the sales. though this is the case, more likely I believe it is a case of manipulation by the big whales to cause bitcoin price to drop.
Not really sure what is the exact cause but I am guessing it might have to do with bitstamp hack, people anticipated that it will drop the price and dumped their coins.
Just keep calm and buy! 
Big players are always involve when it comes to bitcoin, some sell it low to compensate their falling business or just plain manipulation of the market.
i dont think banks would take such a risk, though it looks like some big players are involved
Right now,banks are manipulating the price of bitcoins!
Correct. Banks know the ETF is a done deal so they're manipulating BTC to buy up as much as they can. They're gonna make trillions over the next 3 years. Govts too.
Right now,banks are manipulating the price of bitcoins!
come under $100
Thanks for answering and some tip. It increased by about $20 now 
you can buy more now, this is a good thing afterall, everyone was asking for cheap bitcoin to rise his/her fortune, here you go
buy a tons now
buy a tons now
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