Look Bitcoin is going Down? - page 3.

Oralmat

hero member

Activity: 588

Merit: 500

Quote from: Daniel91 on May 21, 2016, 08:06:55 AM

Quote from: btcltccoins on May 21, 2016, 07:04:56 AM

Within 2 months Bitcoin is going up very fast, but in this month bitcoin price has been stopped and now Bitcoin's price is going down...IN this time, bitcoin is $446 and before week Bitcoin was $471.
WHY?
You know after one and half month ago HALVING is coming.
But i think that it is not suitable price of BITCOIN.
What do you think about it.

You have to understand something here.
Bitcoin is in the market so its price depends on supply and demand, like in every other market in the world.
So, if more people buying, price is going up.
If more people selling, price is going down.
There is no mystery here but also no reason for panic.
It's normal situation and it's happening all the time.
Now, price is going down, in a several weeks will go again up and so on.
I suggest you not to look BTC price to often, and worry to much about it, but to concentrate on collecting as much Bitcoin as you can get

In my view, if you use supply and demand formula,you can see mostly people are save their bitcoins in this time, so it is not right time the price is going down, instead of this price should be going up. something is wrong in the situation, because on the other hand, people are buying and saving their bitcoins, and wait for halving.
But the price is down. but i think it doesn't matter.

philipma1957

legendary

Activity: 4326

Merit: 8899

'The right to privacy matters'

Quote from: ?? on ??

Loads has been invested into etherium, some are dumping BTC for ETH. ETH will tank, make no mistake. The unlimited coin supply is a problem.

Going for ETH is right approach ?

I have a foot in both camps.

I have 28th In avalon6's and s-7's

I have 225 mh in Eth coin rigs.

I am holding some btc
I am holding some eth
I am holding some cash

I will be able to shift from one to the other as needed.

Daniel91

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Activity: 3374

Merit: 1824

Quote from: btcltccoins on May 21, 2016, 07:04:56 AM

Within 2 months Bitcoin is going up very fast, but in this month bitcoin price has been stopped and now Bitcoin's price is going down...IN this time, bitcoin is $446 and before week Bitcoin was $471.
WHY?
You know after one and half month ago HALVING is coming.
But i think that it is not suitable price of BITCOIN.
What do you think about it.

You have to understand something here.
Bitcoin is in the market so its price depends on supply and demand, like in every other market in the world.
So, if more people buying, price is going up.
If more people selling, price is going down.
There is no mystery here but also no reason for panic.
It's normal situation and it's happening all the time.
Now, price is going down, in a several weeks will go again up and so on.
I suggest you not to look BTC price to often, and worry to much about it, but to concentrate on collecting as much Bitcoin as you can get

Snorek

legendary

Activity: 1400

Merit: 1001

Quote from: ?? on ??

Loads has been invested into etherium, some are dumping BTC for ETH. ETH will tank, make no mistake. The unlimited coin supply is a problem.

And don't think Ethereum is really a competitor for bitcoin. But it sure looks like flavor of the month altcoin.
Although they look promising, and quite strong now Bitcoin with limited supply is meant to go high eventually, Ethereum without hard coin cap can't achieve that.

target

legendary

Activity: 2282

Merit: 1041

Quote from: Jeremycoin on May 21, 2016, 07:27:49 AM

Quote from: ?? on ??

SODL!!!

Keep hodling!
Probably the price is going just for this time, cos it's almost halving. The price won't stay low, it definitely must go high.

yyup he is holding his ETH Grin

BTC price should already be going up aggressively due to halving is coming. But since its still not going up, the speculation that it will do the opposite might just be what will happen.
The truth may just be stranger than what we expect.

eddyubachs

hero member

Activity: 812

Merit: 1000

Quote from: Jeremycoin on May 21, 2016, 07:27:49 AM

Quote from: ?? on ??

SODL!!!

Keep hodling!
Probably the price is going just for this time, cos it's almost halving. The price won't stay low, it definitely must go high.

Yeah people have bought bitcoin in the past will surely prefer to hold until they don't see higher price which will allow them to make profits, price will go higher in future so just hold it.

Jeremycoin

legendary

Activity: 1022

Merit: 1003

𝓗𝓞𝓓𝓛

Quote from: ?? on ??

SODL!!!

Keep hodling!
Probably the price is going just for this time, cos it's almost halving. The price won't stay low, it definitely must go high.

btcltccoins

full member

Activity: 154

Merit: 100

Quote from: TerminatorUK on May 21, 2016, 07:18:52 AM

Its just the usual fluctuations
need not to worry till $380

NO, i m worried about it, and i m sure big investors are also worried about it. because in this time, it is very painful thing. Everyone are thinking about bitcoin will grow up more, and suddenly, it is going down, and i m surprise about it.
I hope within month bitcoin will come back in his own and going up.

Lauda

legendary

Activity: 2674

Merit: 2965

Terminated.

Look at people that:
1) Make threads in the wrong sections.
2) Panic because their currency does not have an infinitely growing pattern. Roll Eyes

You should welcome the market stability and not be susceptible to your own greed. Did you already forget the long period of hovering around ~$250?

Quote from: ?? on ??

Going for ETH is right approach ?

No.

Bought

sr. member

Activity: 266

Merit: 250

If eth does get dumped which odds are that it will then surely bitcoin will rise a significant amount with the amount thats taken out of eth? could be a good time to stock up on more bitcoin before the halving.

co5hike

hero member

Activity: 798

Merit: 1000

Even if its going down at this stage don't get panic, just hold your coins in the best possible way and you will earn great profits at the time of halving, be patient.

TerminatorUK

newbie

Activity: 5

Merit: 0

Its just the usual fluctuations
need not to worry till $380

btcltccoins

full member

Activity: 154

Merit: 100

Within 2 months Bitcoin is going up very fast, but in this month bitcoin price has been stopped and now Bitcoin's price is going down...IN this time, bitcoin is $446 and before week Bitcoin was $471.
WHY?
You know after one and half month ago HALVING is coming.
But i think that it is not suitable price of BITCOIN.
What do you think about it.

Topic: Look Bitcoin is going Down? - page 3. (Read 2865 times)