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Topic: Reason of the price fall - page 16. (Read 4988 times)

legendary
Activity: 938
Merit: 1000
BTC | LTC | XLM | VEN | ARDR
September 14, 2015, 12:06:06 PM
#27
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

The splitt between perosns of interest within the foundation, plus the new "stresstest" al show the unstable future of bitcoin. On top of that ego's running wild and the motivations to not implement a bigger block size are dubious to say the least, we need consensus and a foundation who's sole interest is Bitcoin, and not any other shitservice attached to it....
sr. member
Activity: 451
Merit: 250
September 14, 2015, 12:04:11 PM
#26
If price keeps dropping will anyone be interested in bitcoin?
legendary
Activity: 1610
Merit: 1183
September 14, 2015, 09:42:30 AM
#25
price of bitcoin will raise as soon as mining ends... on those day we will see less bitcoins and more interest ,then it can go to 2000 dollars or more but well will take some time.

Mining end in year of 2140, recently bitcoin mining is still alive although the diff is always increased.
the price will raise when supply is less than demand, just see in the next of halving time.

I think when people say end of mining they mean when the rewards are so small that they start being negligible.


So as you can see here, in 10 years things will be be very different, price may be higher than we can realistically aim for now. And in about 2030, things may get start going Jupiter.
legendary
Activity: 1106
Merit: 1000
September 14, 2015, 02:18:46 AM
#24
price of bitcoin will raise as soon as mining ends... on those day we will see less bitcoins and more interest ,then it can go to 2000 dollars or more but well will take some time.

Mining end in year of 2140, recently bitcoin mining is still alive although the diff is always increased.
the price will raise when supply is less than demand, just see in the next of halving time.
hero member
Activity: 560
Merit: 500
September 11, 2015, 05:03:21 PM
#23
price of bitcoin will raise as soon as mining ends... on those day we will see less bitcoins and more interest ,then it can go to 2000 dollars or more but well will take some time.
Q7
sr. member
Activity: 448
Merit: 250
September 11, 2015, 09:19:52 AM
#22
If people are hanging on to the coins it will definitely push up the price due to reduced supply. Unfortunately this is not what it is happening. Trust and reputation is also related to it and I'm sure you share the same sentiment right now about the coin.
legendary
Activity: 1106
Merit: 1000
September 11, 2015, 06:57:49 AM
#21
Maybe bitcoin users and adopt is the reason too i think.

and the security system is the most important for exchanger company, i think they should hire expert security develope for avoid a hacker attack.
legendary
Activity: 2730
Merit: 1288
September 11, 2015, 06:03:55 AM
#20
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

I see Bitcoin right now as pretty stable. At least last half year. 2014 was not good price wise, but i guess was a correction because of high raise in 2013.
hero member
Activity: 490
Merit: 500
~ScapeGoat~
September 11, 2015, 05:26:18 AM
#19
History repeats itself  !
Though it is not a valid reason , but i can see , previous year at the same time price went Down !
hero member
Activity: 493
Merit: 500
Sarthak's a dumb girl
September 11, 2015, 05:21:27 AM
#18
Bitcoin's are sensitive to bad news. Such as collapses of exchanges, technical issues, double spending, block size debate etc.
True but a lot depends on the dumpers, they keep pumping and then striaght dump, which may cause many people to lose faith in trading in it. Most of the issues you mentioned are already over though, exchange(I think you mean MT. Gox here) - gotten over it, techincal issue(don't know what you mean) , block size debate - meh its chilled already.
Don't blame the dumpers they are just a small percentage of bitcoin users. If we had a strong demand the dumpers would go with the flow.
Yup but they're the one who actually "control" the btc price, tell me if btc price was dumped down to zero for some reason, would the community be there?
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
September 11, 2015, 05:20:30 AM
#17
Bitcoin's are sensitive to bad news. Such as collapses of exchanges, technical issues, double spending, block size debate etc.
True but a lot depends on the dumpers, they keep pumping and then striaght dump, which may cause many people to lose faith in trading in it. Most of the issues you mentioned are already over though, exchange(I think you mean MT. Gox here) - gotten over it, techincal issue(don't know what you mean) , block size debate - meh its chilled already.
Don't blame the dumpers they are just a small percentage of bitcoin users. If we had a strong demand the dumpers would go with the flow.
member
Activity: 84
Merit: 10
September 11, 2015, 03:52:18 AM
#16
the densety of the problem seems to be a group of factors besides pumbping and dumping and besides demand it seems that the factor of governements blocking the coin and the hackers doing bad stuff makes it dump abit more i hope in feb 2016 gets to 500$ if no more bad news
hero member
Activity: 493
Merit: 500
Sarthak's a dumb girl
September 11, 2015, 03:45:28 AM
#15
Bitcoin's are sensitive to bad news. Such as collapses of exchanges, technical issues, double spending, block size debate etc.
True but a lot depends on the dumpers, they keep pumping and then striaght dump, which may cause many people to lose faith in trading in it. Most of the issues you mentioned are already over though, exchange(I think you mean MT. Gox here) - gotten over it, techincal issue(don't know what you mean) , block size debate - meh its chilled already.
legendary
Activity: 950
Merit: 1000
September 11, 2015, 03:43:11 AM
#14
Bitcoin's are sensitive to bad news. Such as collapses of exchanges, technical issues, double spending, block size debate etc.
hero member
Activity: 854
Merit: 1009
JAYCE DESIGNS - http://bit.ly/1tmgIwK
September 10, 2015, 01:41:18 PM
#13
Mining cartels like to manipulate bitcoin price, that is why it is falling, and then going back up.

Its just basic market manipulation, dont fall for it.
legendary
Activity: 896
Merit: 1000
September 09, 2015, 09:12:52 PM
#12
good news doesn't influence the price anymore unfortunately. the block halving is the only thing that can make the price go over $300 again, maybe even $400 if we're lucky.
sr. member
Activity: 392
Merit: 250
September 09, 2015, 07:36:08 PM
#11
despite all the news hindering the price in some ways like usual.

isnt there a rumor where ubs is on the 1st banks to use the techology as a settlement coin for between partnered banks.

i think itd be huge if they got it to work. it was on the reddit threads recently.

UBS are trialling blockchain tech. Infact, most large institutions are looking into it. Bitcoin itself is not something they are likely to ever hold until it's regulatory framework is mature. We won't see this for a number of years, slow but steady growth is best anyway.

As for all the arguments above about falling price due to demand being less than supply, it doesn't follow if you consider the fact that the supply schedule was even higher before, and we still made a run to over $1000. Besides this, you also have to take into account the cost of mining.

Price movement is always about redistribution of wealth. The market maker runs the price for maximal profit. News good or bad, just allow market participants to give in to emotional trading which is how the MM make their money. It also gives the MM greater liquidity.
sr. member
Activity: 252
Merit: 250
September 09, 2015, 05:14:58 PM
#10
despite all the news hindering the price in some ways like usual.

isnt there a rumor where ubs is on the 1st banks to use the techology as a settlement coin for between partnered banks.

i think itd be huge if they got it to work. it was on the reddit threads recently.
hero member
Activity: 560
Merit: 500
September 09, 2015, 05:12:27 PM
#9
bitcoin needs two things governement support ,currently most avoid it or ban it,or put several rules to own or wanna get them,the other thing is we need new investors and more believers,market will moove with more interest and new money.Otherwise we will be around 200-300 dollars ,but as soon as mine ends the history will changes as bitcoins will be something unic..... and well all know that old things gain value over the years.....no matter if a computer or a table... bitcoin will reach it,be patient the next years will reveal the real bitcoin value...
hero member
Activity: 698
Merit: 500
Free Speech is the most important thing.
September 09, 2015, 03:44:41 PM
#8
Price is very stable for last 6-8 months. I think Bitcoin remain over 200$ is a good sign for long term. People have confidence to coins, 200-300$ range moves are because of speculations around here. That's pretty normal.
There's nothing we need to worry right now. Everything's fine.
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