Price lowering a bit | Bitcointalksearch.org

randy8777

legendary

Activity: 896

Merit: 1000

Quote from: n691309 on May 19, 2016, 04:18:44 AM

Quote from: PinkLlama on May 08, 2016, 04:17:02 AM

So the halvening is close (yay) and the price is probably going to go up then (my speculation). The price of BTC today was $460.48 and now is $458.15 which is a -0.29% drop. Do you guys think it will lower more? I think so.

Today the price decreased a bit too from $455 to $449 a change of 6 USD or $0.78, i think we should not worry much about this decrease because i consider it as normal. Everything 10% and up we should worry about it.

it's not even worth talking about. these ups and downs of $10 are indeed very normal. you should start with worrying once the price drops $50 at once.

Dr.Osh

legendary

Activity: 2758

Merit: 1004

Buzz App - Spin wheel, farm rewards

do not worry, it is very common. even bitcoin never go down quickly, but there are still many people who use it. bitcoin will always be used, and the more you use bitcoin, then the price would be getting up and more stable, I think right now you do not have to worry about the price of bitcoin, but think how you can produce with many bitcoin

n691309

legendary

Activity: 1526

Merit: 1001

Quote from: PinkLlama on May 08, 2016, 04:17:02 AM

So the halvening is close (yay) and the price is probably going to go up then (my speculation). The price of BTC today was $460.48 and now is $458.15 which is a -0.29% drop. Do you guys think it will lower more? I think so.

Today the price decreased a bit too from $455 to $449 a change of 6 USD or $0.78, i think we should not worry much about this decrease because i consider it as normal. Everything 10% and up we should worry about it.

BitsandBites

sr. member

Activity: 350

Merit: 250

Quote from: NUFCrichard on May 08, 2016, 04:22:05 AM

Are you predicting the next few hours?
The price is up about 20 bucks this week, why cry about the price momentarily falling 1 dollar back down?

The price could rise or fall today, that is basically a coin toss, but in the longer term I expect the price to rise.

This is always happening with the price, out of no where the price goes up 20 Dollars and then short after that the price is down 20 Dollars. So do not be shocked when you see this happening more often.

Khana

newbie

Activity: 5

Merit: 0

Price is growing up slowly.

coinzat

sr. member

Activity: 434

Merit: 250

Young but I'm not that bold

do you really care for they normal daily price movement ?
bitcoin can go down in one normal day more than this percentage. so you can not build any argument on this market movement

Amph

legendary

Activity: 3248

Merit: 1070

that's normal, the price can not remain stuck there there are spread, hell there are spread in every market, perfectly normal, see forex price change all the tiem for euro and usd also

there is no market ever where the price will not change forever, unless there is no demand and supply, and the price is issued and fixed by one entity

BombayChicken

sr. member

Activity: 269

Merit: 250

everyone is just getting his frustrations because hes falling.If just someone says hes falling everybody
gets scared why. Do you trust people that much look at the facts not to people.

MaritiJames3

sr. member

Activity: 448

Merit: 250

Quote from: PinkLlama on May 08, 2016, 04:17:02 AM

So the halvening is close (yay) and the price is probably going to go up then (my speculation). The price of BTC today was $460.48 and now is $458.15 which is a -0.29% drop. Do you guys think it will lower more? I think so.

I hope not because I thought that the price was going to hit $500 this month but now with the price dropping I have my doubts again. So let the price not be dropping again because it would disappoint me.

1Referee

legendary

Activity: 2170

Merit: 1427

Price lowering a bit? It's still higher than the ~$420 exactly a month ago. We are perfectly fine at this moment as we are ~$37 higher.

Junko

legendary

Activity: 1512

Merit: 1000

Well, everyone knows (or should know by now) that there is a period just before a tsunami hits land, that the waters recede. And that is the sign to head for the high ground as fast as you can. I'm not trying to say that there will be a bitcoin tsunami, but... there will be a bitcoin tsunami.

Make sure you take all the necessary precautions. Wink

~BitSy~

member

Activity: 118

Merit: 100

And it's at 457 right now. I don't think it will go down significantly because it's pretty much normal to go up and down around 15 dollars so most likely it's due to the normal market manipulation done by whales and nothing serious to be worried about.

BitcoinLoan

sr. member

Activity: 602

Merit: 250

Quote from: PinkLlama on May 08, 2016, 04:17:02 AM

So the halvening is close (yay) and the price is probably going to go up then (my speculation). The price of BTC today was $460.48 and now is $458.15 which is a -0.29% drop. Do you guys think it will lower more? I think so.

I also think that the price will fall. I can even believe that before halving, we can see the price close to even $400.

European Central Bank

legendary

Activity: 1288

Merit: 1087

It'll go up. It'll go down. I know that's shocking but it's something we're gonna have to continue living with.

angaper

hero member

Activity: 966

Merit: 507

It's more than evident that the bitcoin price is consistently scalping and the new support level seems to be fixed at $430. It seems pretty unlikely to see all larger reversion towards $400 or below.

traderbit

hero member

Activity: 798

Merit: 1000

Quote from: PinkLlama on May 08, 2016, 04:17:02 AM

So the halvening is close (yay) and the price is probably going to go up then (my speculation). The price of BTC today was $460.48 and now is $458.15 which is a -0.29% drop. Do you guys think it will lower more? I think so.

Anything +-10 USD is like normal, (it has become as usual thing), a difference of 0.29% that you mention can happen any time, so the price can go even lower but i wouldn't put to much attention to this small change.

voztata

hero member

Activity: 998

Merit: 504

I don't really like to make the same reply as I make in some similar threads but, this is really nothing just a bump up and down. This is a normal occurrence in literally every trade. The percentage of drop isn't even that significant to begin with, considering the value of btc.

zimmah

legendary

Activity: 1106

Merit: 1005

this image has been posted a lot around here:

the halving will likely not instantly make the price skyrocket

also, the price will most likely not be double of what it is. Just because block rewards half doesn't mean the price doubles, the relation between block rewards and price is inversely related, but not exactly linear, its more complex than that.

Quote from: PinkLlama on May 08, 2016, 04:17:02 AM

So the halvening is close (yay) and the price is probably going to go up then (my speculation). The price of BTC today was $460.48 and now is $458.15 which is a -0.29% drop. Do you guys think it will lower more? I think so.

are you even serious? who cares about a 2 dollar drop? honestly.

randy8777

legendary

Activity: 896

Merit: 1000

it's funny to see that people don't say much when the price is rising with a decent amount, but when the price goes down a few bucks people somehow start to get a little bit worried. don't look at these micro fluctuations unless you're a high frequency trader making hundreds of thousands of profit each year. but i'm sure that isn't the case here. the price behaves like it always has done. it has gone up a few bucks and maybe tomorrow or somewhere next week it will go down a few bucks. nothing special.

Fortify

legendary

Activity: 2688

Merit: 1192

It depends how many financial institutions are investing in bitcoin and analyzing the data for a profit. Remember it already jumped from around $200 a bitcoin a few months ago to it's current rate, maybe the halving has already been factored in to the price.

Topic: Price lowering a bit (Read 946 times)