i think if the price fall the reason is have a big demand and big supply,will you buy a product in a cheaper price if the demand and supply are high when its
low supply the biggest tendency of the price in any product would be high. any businessman have a strategy to get price high their product will kept until have a big supply it cause a high price
Topic: Reason of the price fall - page 14. (Read 4988 times)
I don't think now the big trading and exchanger platform will be hacked again. And these days gambling sites are also putting bigger percentage of bitcoin in cold storage to make it safe. I worry if another such thing like hacking or split happens again bitcoin price will be like half than what it is today. We need more new buyers to pump up the price.
Some more bitcoin websites will be hacked, I don't have any doubt. But as we move towards regulated exchanges/services this stuff will be less frequent.
I don't think now the big trading and exchanger platform will be hacked again. And these days gambling sites are also putting bigger percentage of bitcoin in cold storage to make it safe. I worry if another such thing like hacking or split happens again bitcoin price will be like half than what it is today. We need more new buyers to pump up the price.
price always fall and rise sometimes other dump
and buy more hope it rises once more
and buy more hope it rises once more
I know about the demand and supply and its the reason a marlet gets different price at different price but what make bitcoin users to lead to this pricefall..I mean once there was 1btc = 500$ and after that I herd some hackers have hacked some exchanges and many scammers also poped out during those days..and this all leads to currenct price of 230$ I hope some peoples will do something to avaood these problems as much as we can
Scarcity of a certain product can make its price high, some reason why a price of a product might fall when it is produced more than what the consumers needed. It is pretty amazing when we can have it all balanced.
Also we must remember people are buying bitcoin to invest in other digital currencies so then they offload bitcoin to invest in other crypto technologies so that also may be a reason as well. The fact that there is way too much speculation going on also frightens mainstream more conservative investor types from entering the bitcoin markets.
I think that why the price is going down, it that people are investing in alt coins.
Especially these weeks/months where ETH, XMR, DASH and other coins are on top.
So people are loosing their interest in bitcoin and the price is going down coz there are not much needs for people.
I'm not sure that people had an interest in bitcoin in the first place. They have an interest in making money, and are expecting another rise to $1k. I mean just look at the majority of posters on here. They dont care about the tech, or possibly disrupting the financial ssytem of the world, they are strictly here to try to cash in on another bull run.
Bitcoin is good to make money but not this year, the price has become unstable and this week there is a "big" price drop(at least for me).
And moving to alt coins seems a good opportunity to make money by buying and selling, and the profit can be earned also in the same day, which i personally did with etherum and other alt coins.
But what exactly made the price to fall these days, anyone can explain a bit?
well its true we care for the btc if it falls but we need to see the btc rise and because of its tech of its digital good and speedy trasactions also the pssibility of second currency for us
Also we must remember people are buying bitcoin to invest in other digital currencies so then they offload bitcoin to invest in other crypto technologies so that also may be a reason as well. The fact that there is way too much speculation going on also frightens mainstream more conservative investor types from entering the bitcoin markets.
I think that why the price is going down, it that people are investing in alt coins.
Especially these weeks/months where ETH, XMR, DASH and other coins are on top.
So people are loosing their interest in bitcoin and the price is going down coz there are not much needs for people.
I'm not sure that people had an interest in bitcoin in the first place. They have an interest in making money, and are expecting another rise to $1k. I mean just look at the majority of posters on here. They dont care about the tech, or possibly disrupting the financial ssytem of the world, they are strictly here to try to cash in on another bull run.
Also we must remember people are buying bitcoin to invest in other digital currencies so then they offload bitcoin to invest in other crypto technologies so that also may be a reason as well. The fact that there is way too much speculation going on also frightens mainstream more conservative investor types from entering the bitcoin markets.
I think that why the price is going down, it that people are investing in alt coins.
Especially these weeks/months where ETH, XMR, DASH and other coins are on top.
So people are loosing their interest in bitcoin and the price is going down coz there are not much needs for people.
the main reason price falls is because people start spreading rumors and people get scared and dump their coins increasing the supply by a lot.
I think it is not the main reasonI guess the main reason is that many bitcoin users who sell bitcoinnya at low prices
Also we must remember people are buying bitcoin to invest in other digital currencies so then they offload bitcoin to invest in other crypto technologies so that also may be a reason as well. The fact that there is way too much speculation going on also frightens mainstream more conservative investor types from entering the bitcoin markets.
Guys,
I'm sorry to wake you up, but Bitcoin is very much like any other shit coin. It was pumped by Willy bot https://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/ and then subsequently drizzled out and dumped over the course of the entire of last year and continues now.
The interest that sparked as a result of its price climb gives it the position it has today, but at the end of the day, the market maker still prefers fiat over Bitcoin. They could slam it down to sub 100 and have bags of bitcoins left, but of course they have better profit overall if they drizzle out over time.
For all you wishful thinkers out there, we WILL see a new low, and what is now the bottom will one day be the top.
Enjoy.
I'm sorry to wake you up, but Bitcoin is very much like any other shit coin. It was pumped by Willy bot https://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/ and then subsequently drizzled out and dumped over the course of the entire of last year and continues now.
The interest that sparked as a result of its price climb gives it the position it has today, but at the end of the day, the market maker still prefers fiat over Bitcoin. They could slam it down to sub 100 and have bags of bitcoins left, but of course they have better profit overall if they drizzle out over time.
For all you wishful thinkers out there, we WILL see a new low, and what is now the bottom will one day be the top.
Enjoy.
Oh come on man, here we go again. So what if price was manipulated with the help of the Willy bot. Many big companies and technologies have had some sort of shady pushes in order to propell them towards a success. And they exist today and serve people well.
You have to look at the bigger picture. A technology, advantages for the people and the masses, advantages for the Internet. Let's not just concentrate on the price for God's sake!
I claim that Bitcoin having a price attached to itself is the worst thing for Bitcoin in these early developmental days.
i supouse the taxes included into usa for this bitcoins its going to affect too
Guys,
I'm sorry to wake you up, but Bitcoin is very much like any other shit coin. It was pumped by Willy bot https://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/ and then subsequently drizzled out and dumped over the course of the entire of last year and continues now.
The interest that sparked as a result of its price climb gives it the position it has today, but at the end of the day, the market maker still prefers fiat over Bitcoin. They could slam it down to sub 100 and have bags of bitcoins left, but of course they have better profit overall if they drizzle out over time.
For all you wishful thinkers out there, we WILL see a new low, and what is now the bottom will one day be the top.
Enjoy.
I'm sorry to wake you up, but Bitcoin is very much like any other shit coin. It was pumped by Willy bot https://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/ and then subsequently drizzled out and dumped over the course of the entire of last year and continues now.
The interest that sparked as a result of its price climb gives it the position it has today, but at the end of the day, the market maker still prefers fiat over Bitcoin. They could slam it down to sub 100 and have bags of bitcoins left, but of course they have better profit overall if they drizzle out over time.
For all you wishful thinkers out there, we WILL see a new low, and what is now the bottom will one day be the top.
Enjoy.
the fact that it was pumped does not mean it is a shit coin, everything is pumped and dumped out there, even your precious gold and fiat garbage, and they are more shitcoin than bitcoin ever is
you can't stop manipulation especially with a small marketcap like the one of bitcoin, we will see with the halving
Guys,
I'm sorry to wake you up, but Bitcoin is very much like any other shit coin. It was pumped by Willy bot https://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/ and then subsequently drizzled out and dumped over the course of the entire of last year and continues now.
The interest that sparked as a result of its price climb gives it the position it has today, but at the end of the day, the market maker still prefers fiat over Bitcoin. They could slam it down to sub 100 and have bags of bitcoins left, but of course they have better profit overall if they drizzle out over time.
For all you wishful thinkers out there, we WILL see a new low, and what is now the bottom will one day be the top.
Enjoy.
I'm sorry to wake you up, but Bitcoin is very much like any other shit coin. It was pumped by Willy bot https://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/ and then subsequently drizzled out and dumped over the course of the entire of last year and continues now.
The interest that sparked as a result of its price climb gives it the position it has today, but at the end of the day, the market maker still prefers fiat over Bitcoin. They could slam it down to sub 100 and have bags of bitcoins left, but of course they have better profit overall if they drizzle out over time.
For all you wishful thinkers out there, we WILL see a new low, and what is now the bottom will one day be the top.
Enjoy.
You wrong. You forget one important thing. It is not bitcoin important. Or it is not so important. Important is the technology behind it. This technology will push it forward forever.
Guys,
I'm sorry to wake you up, but Bitcoin is very much like any other shit coin. It was pumped by Willy bot https://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/ and then subsequently drizzled out and dumped over the course of the entire of last year and continues now.
The interest that sparked as a result of its price climb gives it the position it has today, but at the end of the day, the market maker still prefers fiat over Bitcoin. They could slam it down to sub 100 and have bags of bitcoins left, but of course they have better profit overall if they drizzle out over time.
For all you wishful thinkers out there, we WILL see a new low, and what is now the bottom will one day be the top.
Enjoy.
I'm sorry to wake you up, but Bitcoin is very much like any other shit coin. It was pumped by Willy bot https://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/ and then subsequently drizzled out and dumped over the course of the entire of last year and continues now.
The interest that sparked as a result of its price climb gives it the position it has today, but at the end of the day, the market maker still prefers fiat over Bitcoin. They could slam it down to sub 100 and have bags of bitcoins left, but of course they have better profit overall if they drizzle out over time.
For all you wishful thinkers out there, we WILL see a new low, and what is now the bottom will one day be the top.
Enjoy.
the main reason price falls is because people start spreading rumors and people get scared and dump their coins increasing the supply by a lot.
One of my friend has indicated some bitcoin whales might released their hoardings into market price to dump the bitcoin prices. That might cause long term slow bitcoin price falls. who knows....
I believe this is true. I have seen some signals on BTC related websites. There is a downward pressure. But I don't think BTC lose @ 200 USD range. Maybe 190 then go back, or 180 and go back. 200 USD is quite stable and where I will buy again.
IMO the price of Bitcoin depends on people's trust in it. If they see the price hits $270 and immediately start selling them thinking it won't last long at the price that high - then the price goes down. But only if people wait until the price hits let's say $300 - it will. And if they wait until it hits $400 - it will also.
I don't believe this variant. The supposed hacked exchanges have nothing to do with the price of bitcoin. Can you explain how this is possible? There are to many factors that affect the price of bitcoin but the reason give by you is not true.
They have everything to do with it. What do you think the hackers do with that money?
They go and sell it in another exchange, and thus decreasing the BTC price.
it also depend how many coin are scammed, 10k coins for example ar enot enough to prevent a fast recover, don't expect a sum like that to dump bitcoin to sub 100 for example...
you need something bit for changing the value in every exchange, something which is only 1/1k of the marketcap
Scams in bitcoin are almost daily, here is the most recent one that is quite big
http://cointelegraph.com/news/115289/bitpay-hacked-for-over-18-million-in-bitcoins
If these shitty thigs happen every week or so, then obviously the price gets hit.
Damn people should really learn how to secure their coins, more discipline guys!
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