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Topic: Reason for Bitcoin price fall (Read 4751 times)

legendary
Activity: 2856
Merit: 1140
June 26, 2017, 07:57:58 PM
I see almost all crypto currencies are decreasing now. When BTC is dip, almost all other alth coins are down too. I hope BTC price will be back to 2500 or above this price by end of the day.

Yeah I obeserved that bitcoin has been playing around this price.  Going down, recover and then staying in those ranges then going down again then recover.  I think  bitcoin will go back to $2500 plus soon.  There is a good even this coming july so I guess someone is trying to crash the market and buy back at cheaper price to take full advantage of Australia bitcoin adoption fever and the possible FOMO occuring among the citizen of Australia.  After this July comes the scaling solution event.  So definitely this big players knew that bitcoin will soar in price and wants to get more bitcoin in their stash in a cheaper price.
member
Activity: 155
Merit: 21
June 26, 2017, 07:51:58 PM
I see almost all crypto currencies are decreasing now. When BTC is dip, almost all other alth coins are down too. I hope BTC price will be back to 2500 or above this price by end of the day.
legendary
Activity: 3010
Merit: 1347
June 26, 2017, 05:20:44 PM
i think some whales are afraid too lose the chance to have money. that's why they pull it out when the price of bitcoin reach the high bracket price . when they pulling their money out of their wallet bitcoin price is affected because whales are commonly seen at the market and the market has a lot of part in terms of bitcoin price.
I think its not a whales its just a normal down fall of bitcoin and base in my research today about the news in bitcoin i think there's no reason behind it.
Mostly the news today are price drop of ETH and they are talking about ethereum will be fall at $13 usd again..
As i can seen almost all altcoin are affected from the price fall of bitcoin..

Just casual investors who want to get out early and don't want to be trap is selling their bitcoins. But I think their is a resistance now and we are going back to $2500 at the end of the day. Others may see this as perfect opportunity to get bitcoin and accumulate more. Aug 1 is still far, we don't need to panic and push the sell button. Altcoin is down as well, I just hope this will not be the trend of the whole of the week because we started this week at the wrong side of the bed.
legendary
Activity: 3206
Merit: 2904
Block halving is coming.
June 26, 2017, 03:41:11 PM
i think some whales are afraid too lose the chance to have money. that's why they pull it out when the price of bitcoin reach the high bracket price . when they pulling their money out of their wallet bitcoin price is affected because whales are commonly seen at the market and the market has a lot of part in terms of bitcoin price.
I think its not a whales its just a normal down fall of bitcoin and base in my research today about the news in bitcoin i think there's no reason behind it.
Mostly the news today are price drop of ETH and they are talking about ethereum will be fall at $13 usd again..
As i can seen almost all altcoin are affected from the price fall of bitcoin..
sr. member
Activity: 2506
Merit: 368
June 26, 2017, 03:40:08 PM
comodity stock , big investor , big company will cause bitcoin price will fall because dumping really matter on their market so i think its little chance we see this cause , also maybe because government who knows but i doubt bitcoin will dropping hard ,we will see this result next year

I hope that bitcoin will not fall much. Better yet, let bitcoin rise in price sharply.
Now the price fluctuates, but remains within normal limits. This allows many people to buy cheaper and sell more expensiv

With the current price of bitcoin, of $2500, I think its good time to buy still. There is a price dip today, maybe some investors are just cashing it out or maybe they have their reasons. But as others have told, this is just normal for bitcoin market. A few swings here and there. What matter most is that we don't panic and sell our hard earn bitcoin just like that.
This is a sign that bitcoin will gonna burst fast increase soon. so for now much better to buy bitcoin for a cheap price before the price increase back again So that we can make a good profit.
I don't see any reason of the price drop and i think this is group of whales that want to push down the price just to let other people panic to sell and let the price down.. so if you have some money there better to buy more bitcoins to make more profit. .
It is better to buy bitcoin now because we are still in a bubble, i hope the price is still not too low before the bubble will burst out. Bitcoin will go down a bit once the price market will be checking for price correction of bitcoin. I think it will last a few months since bitcoin is a bit low in the past few months.
legendary
Activity: 3402
Merit: 1280
English ⬄ Russian Translation Services
June 26, 2017, 03:32:20 PM
get ready to price drop right before the segwit - cause some folks out there will cash out for sure, you can easily get btc for 1800-1900 bucks

That remains to be seen

If nothing extraordinary is set to happen, BIP148 should gain enough traction, so the price would rather spike than decline. On the other hand, though, miners (Jihan and his unscrupulous minions) will likely try to escalate things further as we are getting closer to SegWit activation without locking the 2M hard fork for activation a few months later. If anything, these clowns should come up with something refreshing during the time before the deadline
hero member
Activity: 910
Merit: 550
June 26, 2017, 08:56:39 AM
i think some whales are afraid too lose the chance to have money. that's why they pull it out when the price of bitcoin reach the high bracket price . when they pulling their money out of their wallet bitcoin price is affected because whales are commonly seen at the market and the market has a lot of part in terms of bitcoin price.
full member
Activity: 259
Merit: 100
June 26, 2017, 07:12:04 AM
get ready to price drop right before the segwit - cause some folks out there will cash out for sure, you can easily get btc for 1800-1900 bucks
hero member
Activity: 700
Merit: 500
Massive price drop coming...
June 24, 2017, 04:45:23 PM
comodity stock , big investor , big company will cause bitcoin price will fall because dumping really matter on their market so i think its little chance we see this cause , also maybe because government who knows but i doubt bitcoin will dropping hard ,we will see this result next year

I hope that bitcoin will not fall much. Better yet, let bitcoin rise in price sharply.
Now the price fluctuates, but remains within normal limits. This allows many people to buy cheaper and sell more expensiv

With the current price of bitcoin, of $2500, I think its good time to buy still. There is a price dip today, maybe some investors are just cashing it out or maybe they have their reasons. But as others have told, this is just normal for bitcoin market. A few swings here and there. What matter most is that we don't panic and sell our hard earn bitcoin just like that.
This is a sign that bitcoin will gonna burst fast increase soon. so for now much better to buy bitcoin for a cheap price before the price increase back again So that we can make a good profit.
I don't see any reason of the price drop and i think this is group of whales that want to push down the price just to let other people panic to sell and let the price down.. so if you have some money there better to buy more bitcoins to make more profit. .
sr. member
Activity: 2590
Merit: 437
June 24, 2017, 04:19:26 PM
comodity stock , big investor , big company will cause bitcoin price will fall because dumping really matter on their market so i think its little chance we see this cause , also maybe because government who knows but i doubt bitcoin will dropping hard ,we will see this result next year

I hope that bitcoin will not fall much. Better yet, let bitcoin rise in price sharply.
Now the price fluctuates, but remains within normal limits. This allows many people to buy cheaper and sell more expensiv

With the current price of bitcoin, of $2500, I think its good time to buy still. There is a price dip today, maybe some investors are just cashing it out or maybe they have their reasons. But as others have told, this is just normal for bitcoin market. A few swings here and there. What matter most is that we don't panic and sell our hard earn bitcoin just like that.
full member
Activity: 262
Merit: 100
June 24, 2017, 12:35:43 PM
comodity stock , big investor , big company will cause bitcoin price will fall because dumping really matter on their market so i think its little chance we see this cause , also maybe because government who knows but i doubt bitcoin will dropping hard ,we will see this result next year

I hope that bitcoin will not fall much. Better yet, let bitcoin rise in price sharply.
Now the price fluctuates, but remains within normal limits. This allows many people to buy cheaper and sell more expensiv
member
Activity: 84
Merit: 10
Bitrated user: Olysikes1. Authenticate
June 24, 2017, 11:52:04 AM
comodity stock , big investor , big company will cause bitcoin price will fall because dumping really matter on their market so i think its little chance we see this cause , also maybe because government who knows but i doubt bitcoin will dropping hard ,we will see this result next year
legendary
Activity: 2632
Merit: 1208
Once a man, twice a child!
June 24, 2017, 11:46:49 AM
Rise and fall in price of any commodity is necessitated by the elementary forces of demand and supply. It's the basic law of market economics. Bitcoin isnt excepted from obeying this law. And since all eyes are literally on Bitcoin it will continue to witness a rise and fall. This also happens with the altcoins people think have potentials not just with Bitcoin alone. It's market dynamics.
legendary
Activity: 1526
Merit: 1179
June 20, 2017, 05:08:47 PM
but i think the big whale now cannot effect the market too much. because of the increasing number of bitcoin uses, the market can take a little correction but cannot dropped too much. we have some examples from precious time, we can see that the price of bitcoin after taking some correction now again start increasing.
You are missing one important point, and that point is that whales are only becoming more influential as their stash has been increasing big time throughout the years.

Put that against the newer people that have to enter the market at current levels, and you'll directly see how insignificant these people are.

Don't forget that the higher the price is, the lower the amounts are that people can afford. People were already struggling to buy 1BTC at sub $1000 levels, just imagine how that is right now.

Or how this will play out in the future when we happen to hit the $10,000 mark. Whales will only gain more control over the market in the coming years ~ we can't avoid this.
hero member
Activity: 2534
Merit: 824
June 20, 2017, 04:50:10 PM
the possible reason of it is some people are just collecting their profits in bitcoin and try to buy some bitcoins again in low price or value so the bitcoin decreases rapidly in just a night, also there is a possibility that a group of people just decided to sell their bitcoins and also buy also in a low price because of bitcoin that they sell.
Yes, there is no other sensible reason except that some of the big whales may have sold a huge number of bitcoin with this the supply of bitcoin may increase causing bitcoin price a fall. Other than this reason I don’t think there could be someone because the price fall was expected before the August but not too soon.

I think investors got nervous on what gonna happen in Aug 1 that is why there are panic selling. I don't know about the big whales, for me they don't have the capability to manipulate the price of bitcoin now, unlike before. We have seen two price dips in succession now, so bitcoin price is really unpredictable. But now I'm seeing that we are going to $2800. Are we going to see another dip or will it continue to rise to $3000 before another dump occurs?
legendary
Activity: 1120
Merit: 1000
June 20, 2017, 02:51:25 PM
the possible reason of it is some people are just collecting their profits in bitcoin and try to buy some bitcoins again in low price or value so the bitcoin decreases rapidly in just a night, also there is a possibility that a group of people just decided to sell their bitcoins and also buy also in a low price because of bitcoin that they sell.
Yes, there is no other sensible reason except that some of the big whales may have sold a huge number of bitcoin with this the supply of bitcoin may increase causing bitcoin price a fall. Other than this reason I don’t think there could be someone because the price fall was expected before the August but not too soon.
but i think the big whale now cannot effect the market too much. because of the increasing number of bitcoin uses, the market can take a little correction but cannot dropped too much. we have some examples from precious time, we can see that the price of bitcoin after taking some correction now again start increasing.
hero member
Activity: 980
Merit: 506
June 20, 2017, 11:53:00 AM
the possible reason of it is some people are just collecting their profits in bitcoin and try to buy some bitcoins again in low price or value so the bitcoin decreases rapidly in just a night, also there is a possibility that a group of people just decided to sell their bitcoins and also buy also in a low price because of bitcoin that they sell.
Yes, there is no other sensible reason except that some of the big whales may have sold a huge number of bitcoin with this the supply of bitcoin may increase causing bitcoin price a fall. Other than this reason I don’t think there could be someone because the price fall was expected before the August but not too soon.
hero member
Activity: 1078
Merit: 501
June 19, 2017, 06:19:32 AM
Do any body know the exact reason for fall of bitcoin price? It has almost fallen $500 in the past three days.Any specific reason?
Maybe because a lot of people selling their bitcoin, because as I know when we buy bitcoin will go up but when we sell bitcoin will go down, correct me if I am wrong.  Grin
hero member
Activity: 2814
Merit: 642
June 19, 2017, 04:47:18 AM
I think the reason is in panic selling that btc price fall. Traders grab the opportunity to buy bitcoin at low price then they hold it. Because they might beleive btc will rise again and ofcourse they can earn profit in the long run. Even me I also hold my bitcoin though we cannot predict at until what price it will hit.

One of the more good reason.
Panic happened just after a 200 dollar fall then it goes on and on as many users see like it is going to fall more.
A good strategy for others who have go on with the flow. They made a good decision.
Problem now is how you would get back all those coins considering the expensive rates of bitcoin wallet sites.
sr. member
Activity: 882
Merit: 251
June 19, 2017, 04:42:27 AM
I think the reason is in panic selling that btc price fall. Traders grab the opportunity to buy bitcoin at low price then they hold it. Because they might beleive btc will rise again and ofcourse they can earn profit in the long run. Even me I also hold my bitcoin though we cannot predict at until what price it will hit.
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