Reasons Why Bitcoin Price Drops - page 7.

thenameisjay

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Quote from: M05J on October 19, 2017, 09:06:33 AM

I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.

Sometimes it depends on the supply and demand of owners. Some let so much bitcoins in cheap prices and this imcreases total bitcoin supply, then lowering the price to decrease surplus. If the demand is too high and everyone is hoarding, prices go up and then scarcity occurs. To put it simply, the law of supply and demand.

batang_bitcoin

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Quote from: beatleap on October 25, 2017, 11:13:04 AM

News and whales dumping are the usual reasons why Bitcoin takes either a big hike or spike.

Not only the whales but every trader are contributing to the price drop of bitcoin and it has been done at the same time. When everyone sees the price of bitcoin drops, we are trying to keep on selling together with those whales and that is making the price of bitcoin lower. But be used to it because the price will be increasing again if you just hold for a longer time. Those news are really affecting the price especially the bad ones.

Coldsnap4457

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STOCKBET TOKEN SALE OCT 29 - USABLE SOFTWARE TODAY

Bitcoin drops because Jamie Dimon wants it to, to let his daughter buy them cheaper.

Mistafreeze

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Prices fall because of less demand or more supply,The question should be what makes btc supply increase sometimes when it has fixed supply?

fxbit

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very thin market, slight movement can make the market move a lot, japanese institutional investor usually move the market look for japanese exchanger price movement

budongski25

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Quote from: mikki14 on October 24, 2017, 09:25:19 PM

Quote from: budongski25 on October 24, 2017, 08:13:01 PM

- More use cases, example: services utilizing BTC
- A rising price (this sounds funny, but a raising price itself will fuel additional demand).

Yes, that sounds funny. Because additional demand means increased on its price. Grin

And when its rising, its either drop next or rise even more.

Cindy1983

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I don't know why there are a lot of people ask this question again and again. Bitcoin price dump and pump is really really normal, it happen everyday, everyhour and the main reason for this case is trader. Trader dump and pump Bitcoin price to make profit by buying in low and selling in high, it's the main way to earn Bitcoin in trading so if one day you see Bitcoin price dump to 4k$ you no need to worry cause it'll rise up back soon Cheesy

kimochidesh

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There are two types of Drops:
1. Dips: It is due to demand and supply mechanism. Generally, price does not drastically falls or rise because of demand and supply mechanism.
2. Crash: In such scenario, BTC price drops drastically due to panic selling. It occurs due to some negative announcement, effective news regarding Crypto market etc.

beatleap

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News and whales dumping are the usual reasons why Bitcoin takes either a big hike or spike.

Rinder

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Bitcoin as any other currencie and asset its sensible to news, being good or bad is the community wich takes thei position accordingly them, China did banned for a while ICO as well bitcoins exchanges, and those made the price to crash to 4000 dollars very fast, bitcoin forks are getting as an extra money source, since both forks will split into another direction and allow all holders to get a new coin for free as long you have some balance. Outside those is the demand and supply that makes the price to up and down along the day.

Allan Ramanda

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bitcoin prices actually depend on the consumers themselves. for example if the consumer is very much to buy bitcoin, while bitcoin stock only a little, then the price will rise, otherwise if the stock is very much and the buyer does not exist, then the price will decrease.

w5pn73

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I think government interventions will be an important aspect from now on, who knows what rules they will impose.

arnux

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News is the fundamental reason why Bitcoin drops and surges at different points whether it's bad or good news it doesn't matter it will affect the price and the amount of people buying and selling.

Jamie Oliver

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I am in favor of the second point upstairs, the government intervention is very important, if a country does not support, then how can the development of Bitcoel, as for the third point, I do not agree, Bitcoin and other virtual currency together Development is the block chain of progress
Undecided

Baggong

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Bitcoin is decentralized so rising and falling prices is normal and commonplace, when the price drop becomes a good opportunity for us to buy because the price will soon rise again.

TastyChillySauce00

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Quote from: n0ne on October 25, 2017, 06:39:08 AM

Quote from: rausvi15 on October 25, 2017, 06:18:50 AM

Quote from: Python2.5 on October 25, 2017, 03:28:01 AM

Because of negative news. That affects people and most of them want to withdraw their money from this platform being easily influenced.

What do you mean by negative news? Meanwhile there are no rumors about bitcoin, all information is correct, this price drop is due to two forks,
1:- Bitcoin Gold fork (occurred on 23 October)
2:- Bitcoin2x Fork (Segwit2X will occur on 16 november)
but price Drop now a days due to Bitcoin Gold fork, and when Segwit2x come i think there will be more price drop. So be prepared.

The price drop is something expected by every user once after the segwit as well after fork. Meanwhile most of the time FUD gets circulated around and the same causes downfall in value. Possibly the price used to retain after short time soon after dropping low in value. This time I don't think that the fork has made a big impact over the price of bitcoin.

People just dumping their bitcoin after the bitcoin gold just distributed or moving/exchanging their bitcoin to altcoins, same thing goes to when the BCC fork happened, after the HF, price of many altcoins significantly increase.
And now, see the result of the recent bubble caused by HF promising free bitcoin gold for each bitcoin holder, massive dump happen.

Martinus Java

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in my opinion, bitcoin to drop because bitcoin sales bigger than purchase bitcoin.
other than that, use of bitcoin increasing so uncontrolled.
banned by china make traders give up their positions

n0ne

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DGbet.fun - Crypto Sportsbook

Quote from: rausvi15 on October 25, 2017, 06:18:50 AM

Quote from: Python2.5 on October 25, 2017, 03:28:01 AM

Because of negative news. That affects people and most of them want to withdraw their money from this platform being easily influenced.

What do you mean by negative news? Meanwhile there are no rumors about bitcoin, all information is correct, this price drop is due to two forks,
1:- Bitcoin Gold fork (occurred on 23 October)
2:- Bitcoin2x Fork (Segwit2X will occur on 16 november)
but price Drop now a days due to Bitcoin Gold fork, and when Segwit2x come i think there will be more price drop. So be prepared.

The price drop is something expected by every user once after the segwit as well after fork. Meanwhile most of the time FUD gets circulated around and the same causes downfall in value. Possibly the price used to retain after short time soon after dropping low in value. This time I don't think that the fork has made a big impact over the price of bitcoin.

HiringYou

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There were two main reasons for the huge drop in the price last month. One reason was when China banned all the ICO's and Exchanges.The other reason was that controversial statement by JP Morgan's CEO Jamie Dimon. He called Bitcoin a fraud and asked the people to not invest in it which resulted in a huge drop. But now the market has recovered and price has reached it's all time high value.

bob123

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Basically you have to look at the factors which determine price: Supply and Demand.
Before the BTG fork was to happen, people bought bitcoin to get "free money" from BTG. There was more demand, but same supply => price got higher and higher.
Now, after the fork, people take their "additional" investment into BTC out (they just bought them to get BTG). Therefore now the supply gets rises and demand lowers => price drop.
But that fall won't hold on for too long. BTC will recover and probably grow even bigger, like always.

Topic: Reasons Why Bitcoin Price Drops - page 7. (Read 5346 times)