Reason of the price fall - page 15. | Bitcointalksearch.org

Amph

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Quote from: RealBitcoin on September 18, 2015, 12:59:56 AM

Quote from: n2004al on September 18, 2015, 12:39:55 AM

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 are not 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 can't do it

bitgolden

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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....

n2004al

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Quote from: RealBitcoin on September 18, 2015, 01:21:33 AM

Quote from: n2004al on September 18, 2015, 01:11:08 AM

Quote from: RealBitcoin on September 18, 2015, 12:59:56 AM

Quote from: n2004al on September 18, 2015, 12:39:55 AM

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.

There are 10 months that the price is in those levels. No one exchange has or have to much money to last so long the selling of those (the hacked supposed ones). So the hacked money must be finished now (if hacked). Must be sold already. Supposed with the low price. And supposed time ago was finished this selling. Why the price don't go high again?

Ok but there were some scams before that too, and after.

There is a minor heist every week in the bitcoin community, ranging from 50-500 BTC, and its probable that those scammers exchange it to fiat as soon as possible.

Add up all heists, scams, robberies, hacks, and other frauds, and you can see that the majority of those get sold and they have the big downward pressure in the price.

Plus the reaction of the other traders to these. I mean things like these make bitcoin less trustable, so the price will go down anyway.

How will go the price it is to see. Even I don't think that will go down. I think will remain in these levels again for some time. Then slowly with the spread and implementation of the technology which is behind bitcoin and which will change and disrupt to many others will be increased the importance of bitcoin and will begin the increase of price.

RealBitcoin

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Quote from: n2004al on September 18, 2015, 01:11:08 AM

Quote from: RealBitcoin on September 18, 2015, 12:59:56 AM

Quote from: n2004al on September 18, 2015, 12:39:55 AM

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.

There are 10 months that the price is in those levels. No one exchange has or have to much money to last so long the selling of those (the hacked supposed ones). So the hacked money must be finished now (if hacked). Must be sold already. Supposed with the low price. And supposed time ago was finished this selling. Why the price don't go high again?

Ok but there were some scams before that too, and after.

There is a minor heist every week in the bitcoin community, ranging from 50-500 BTC, and its probable that those scammers exchange it to fiat as soon as possible.

Add up all heists, scams, robberies, hacks, and other frauds, and you can see that the majority of those get sold and they have the big downward pressure in the price.

Plus the reaction of the other traders to these. I mean things like these make bitcoin less trustable, so the price will go down anyway.

n2004al

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Quote from: RealBitcoin on September 18, 2015, 12:59:56 AM

Quote from: n2004al on September 18, 2015, 12:39:55 AM

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.

There are 10 months that the price is in those levels. No one exchange has or have to much money to last so long the selling of those (the hacked supposed ones). So the hacked money must be finished now (if hacked). Must be sold already. Supposed with the low price. And supposed time ago was finished this selling. Why the price don't go high again?

RealBitcoin

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Quote from: n2004al on September 18, 2015, 12:39:55 AM

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.

n2004al

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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.

tyrexs

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Quote from: alva5763 on September 14, 2015, 12:04:11 PM

If price keeps dropping will anyone be interested in bitcoin?
i will interested with bitcoin because i believe bitcoin will become future currency and replace money online like paypal,payza

go go bitcoin

coinplus

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Quote from: Itun on September 15, 2015, 11:02:51 AM

Quote from: Wonka on September 15, 2015, 10:59:11 AM

Quote from: alva5763 on September 14, 2015, 12:04:11 PM

If price keeps dropping will anyone be interested in bitcoin?

Lol. Weak hands with no patience may flee but bitcoin is more than its price today. People need to think bigger and into the future but people will need to wait if they want to see big gains.

To be fair, people have been saying this for the last year or so.

The 600 and 400 prices were then told to be good buy points. Now we're at 230

Fear of holding is the reason for bitcoin price fall. People first thought to buy at the prices of 600 or even 500 then 400. But continuous different news prices ere forced to low of avg 220.

Itun

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Quote from: Wonka on September 15, 2015, 10:59:11 AM

Quote from: alva5763 on September 14, 2015, 12:04:11 PM

If price keeps dropping will anyone be interested in bitcoin?

Lol. Weak hands with no patience may flee but bitcoin is more than its price today. People need to think bigger and into the future but people will need to wait if they want to see big gains.

To be fair, people have been saying this for the last year or so.

The 600 and 400 prices were then told to be good buy points. Now we're at 230

Itun

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Quote from: Mickeyb on September 14, 2015, 04:13:08 PM

Quote from: Denker on September 14, 2015, 04:08:00 PM

Quote from: MF Doom on September 14, 2015, 02:52:38 PM

my thoughts are that SO many people have now lost money during the last year and a half "bear market", that none of those people dare put another dime into btc. Probably a lot of those people are out, and wont be back. Meaning the total number of those in the btc market is declining. That, combined with major exchange hacks, lost coins still not being accounted for, and NOTHING on the horizon for good news, means people are holding out, and may never get back into btc.

You could be right. I also believe that many people who bought in at higher price might have lost patience and sold the rest of what they had. And although we have good news, VC is increasing, it's not enough to gain some momentum to raise the price and hold it on a certain level.The lower 200s seems to be a level we still have to deal with for a longer period of time.

Don't expect any bigger increase in price until the block size debate isn't finished. Investors, big investors won't risk their money if they don't see a healthy network that goes in one direction.

Also smaller investors that buy 1 or 2 BTCs now or then won't be buying at all while waiting that prices drops because of the unknown status that is currently in the community. Why would they pay more if they count that the price might drop in a few weeks.

Totally agree with Mickeyb. That's how I see the current market for bitcoin.

The scaling debate needs to come to a compromise, stability needs to be shown so that people (both current and new investors) will become more interested in investing.

Wonka

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Quote from: alva5763 on September 14, 2015, 12:04:11 PM

If price keeps dropping will anyone be interested in bitcoin?

Lol. Weak hands with no patience may flee but bitcoin is more than its price today. People need to think bigger and into the future but people will need to wait if they want to see big gains.

miketouchteam

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This is how the market works, it's cyclic, we had a pump 2-3 months ago and are going down again. Concentrate on the big moves, that in this case are also being towards price decline...

As I stated in other thread I'm curious to see what will happen near the halving.

Mickeyb

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Quote from: Denker on September 14, 2015, 04:08:00 PM

Quote from: MF Doom on September 14, 2015, 02:52:38 PM

my thoughts are that SO many people have now lost money during the last year and a half "bear market", that none of those people dare put another dime into btc. Probably a lot of those people are out, and wont be back. Meaning the total number of those in the btc market is declining. That, combined with major exchange hacks, lost coins still not being accounted for, and NOTHING on the horizon for good news, means people are holding out, and may never get back into btc.

You could be right. I also believe that many people who bought in at higher price might have lost patience and sold the rest of what they had. And although we have good news, VC is increasing, it's not enough to gain some momentum to raise the price and hold it on a certain level.The lower 200s seems to be a level we still have to deal with for a longer period of time.

Don't expect any bigger increase in price until the block size debate isn't finished. Investors, big investors won't risk their money if they don't see a healthy network that goes in one direction.

Also smaller investors that buy 1 or 2 BTCs now or then won't be buying at all while waiting that prices drops because of the unknown status that is currently in the community. Why would they pay more if they count that the price might drop in a few weeks.

Denker

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Quote from: MF Doom on September 14, 2015, 02:52:38 PM

my thoughts are that SO many people have now lost money during the last year and a half "bear market", that none of those people dare put another dime into btc. Probably a lot of those people are out, and wont be back. Meaning the total number of those in the btc market is declining. That, combined with major exchange hacks, lost coins still not being accounted for, and NOTHING on the horizon for good news, means people are holding out, and may never get back into btc.

You could be right. I also believe that many people who bought in at higher price might have lost patience and sold the rest of what they had. And although we have good news, VC is increasing, it's not enough to gain some momentum to raise the price and hold it on a certain level.The lower 200s seems to be a level we still have to deal with for a longer period of time.

MF Doom

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my thoughts are that SO many people have now lost money during the last year and a half "bear market", that none of those people dare put another dime into btc. Probably a lot of those people are out, and wont be back. Meaning the total number of those in the btc market is declining. That, combined with major exchange hacks, lost coins still not being accounted for, and NOTHING on the horizon for good news, means people are holding out, and may never get back into btc.

Hazir

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Quote from: Amph on September 09, 2015, 08:46:46 AM

well, we were at almost 300, but then the split drama has come and we fall another time to the last stand

i was talking about this before, it seems that every little bad news puts bitcoin into knees, while good news does nothing for now

if everytime, bitcoin falls so big, then you can't rely on a steady growth to increase its value, there is the need of a massive pump..

Tha is why I am beginning to lose patience. Not even the most optimistic news can make bitcoin price grow, market is controlled by whales and normal players are overreacting with panic after hearing even smallest piece of not necessarily good news. Where is the bright future ahead?

MrVodnik

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Everyone is talking about the change in supply of bitcoins, as there will be less of them showing up on the market. Is it?

First - there is this simple rule on each stock market (including currency exchange): if everyone thinks that price will change in a specific direction, it will go in the other way. If everyone wants to earn on the same fluctuation, no-one will.

With that said, there is other problem. Supply means how much of product is showing up on the market, not how much is being produced/found/mined! Keep that in mind, as miners might be aware of that too. They might be hording their coins until the change of mined blocked size, and then - bah! The will SELL. Therefore, today's supply might not be as big as we think, and tomorrow's might not be that small.

Just saying... Wink

lorylore

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Quote from: Mickeyb on September 09, 2015, 01:50:23 PM

Well many things were a reason for a fall. Consider it like this, Bitcoin was really in the bubble, bubble that went up and over $1,000 slightly. Now that bubble has deflated. Why? Well Bitcoin infrastructure, development wasn't ready for that price. Also Bitcoin didn't have enough users and it wasn't accepted in enough places in order to sustain that price.

Also, every block awards you 25 bitcoins at the moment, so you need over a million in the buying power daily just to sustain current price. In July of the next year this will change, block reward decreases to 12,5 so it will be needed half the money as of today to keep the price at the current level.

Of course, these are not all of the reasons, these are only main reasons.

A direct question: "Will the price of bitcoin increased or decreased after July 2016?"
Since the supply of the coin will be 50% less (12.5BTC)
And the buy orders(requests) will be increased if the popularity of bitcoin will increased too?

Amph

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Quote from: alva5763 on September 14, 2015, 12:04:11 PM

If price keeps dropping will anyone be interested in bitcoin?

in theory it should increase the price if it drop to a certain point were more average joe, find the price to be more suitable for their small investments

but if it drop too much, it may be the opposite as you said

Topic: Reason of the price fall - page 15. (Read 4988 times)