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Topic: Reasons Why Bitcoin Price Drops - page 9. (Read 5323 times)

sr. member
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October 25, 2017, 02:27:50 AM
If I look at the bitcoin drop due to technical issues, for example is a segwit, if all the technical issues are over then I'm sure bitcoin prices will continue to skyrocket and will never drop significantly as it does now.
sr. member
Activity: 979
Merit: 258
October 25, 2017, 02:03:39 AM
I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
This is the possible reasons why Bitcoin drops Settlement of the "scaling debate"A rising price (this sounds funny, but a raising price itself will fuel additional demand). Absence of catastrophic events (bugs in the code, network failure, etc.). In the end, you need to be comfortable with your investments and the risk that you're taking. In addition to the price risk from the fluctuating exchange rate, there is currently a very heated debate about the bitcoin 'software' with competing proposals on how to scale bitcoin in order to facilitate more transactions. Without going too much into detail, the discussion questions some of the core principles of bitcoin.
full member
Activity: 406
Merit: 100
October 25, 2017, 01:47:43 AM
At time bitcoin price drops.
in fact, it is a discount time for us to buy as much bitcoin.
it seems the bitcoin price is now a game of investors.
we must be observant in seeing the situation.
newbie
Activity: 56
Merit: 0
October 25, 2017, 01:43:03 AM
This should be a supply and demand problem affecting the bitcoin price, because there is and inflation in prize more customers with large quantity of Bitcoin will want to sell for profit and costumers buying are few because the inflation of prize,so the supply is now more than the demand.

with all this new money coming in even if this is the case it wont be in the near future

soon the supply will not be able to meet the demand and after all the supply is capped at 21mil

then alts will really get pumped
member
Activity: 532
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October 25, 2017, 01:36:52 AM
This should be a supply and demand problem affecting the bitcoin price, because there is and inflation in prize more customers with large quantity of Bitcoin will want to sell for profit and costumers buying are few because the inflation of prize,so the supply is now more than the demand.

Another factor driving the price collapse may be an unresolved dispute among leading members of the bitcoin community over how to reform the protocol that underpins the currency. Right now bitcoin is on the roll and we have no way of knowing what its real value might be but when a crash comes, it won't just be its holders who feel tte pain.
full member
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October 25, 2017, 01:18:19 AM
Some countries policy/policies will affect the price of bitcoin like if they ban it on their country. You will see a significant decrease in bitcoin price but it is not enough to bring bitcoin down. Many people will still buy bitcoin. Although bitcoin price drops it will also go up. Other reasons are the uncertainty of the upcoming fork or false rumors circulated all over the internet. Some people will do just about everything to bring the price of bitcoin then they will buy. Other incidents like the JP Morgan incident may cause a significant decrease in bitcoin price but again the price will slowly be recovered.
member
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October 25, 2017, 12:53:38 AM
I am expecting BTC to drop after the Fork is done as people have bought to get their 'free' Gold.
The debate for me was to sell or not to sell while the price was high, then re buy when the price drops in a week lol
full member
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October 25, 2017, 12:47:09 AM

bitcoin prices down at this time in my opinion related to the existence of hardfork in november later. this is related to supply and demand, where bitcoin users reduce risk factors due to hardfork, so some of them sell bitcoin. consequently the total supply and greater than the demand, so the price becomes down.
full member
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October 25, 2017, 12:00:28 AM
This should be a supply and demand problem affecting the bitcoin price, because there is and inflation in prize more customers with large quantity of Bitcoin will want to sell for profit and costumers buying are few because the inflation of prize,so the supply is now more than the demand.
newbie
Activity: 2
Merit: 0
October 24, 2017, 11:52:30 PM
Probably most for profits. Not as many are necessarily using Bitcoin today to pay for goods, as it was originally designed for.

Thus due to all the trading that's going on, big buys and sells are taking place as a results of supply and demand.

Larger investors also affect the trends a lot in the short term. And many tried to get free Bitcoin Gold just to dump the bitcoin at a higher price and attempted to reap the profits. These wins were probably then used on alt coins to reap benefits again. Probably a short matter of time before the whole wheel turns again for the Segwit2x fork.
legendary
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Leading Crypto Sports Betting & Casino Platform
October 24, 2017, 11:52:19 PM
It seems like some of the funds which flowed in to Bitcoin from the other altcoins (in anticipation of the Bitcoin Gold airdrop) is now moving back to the alts. But I am glad that the Bitcoin market dominance is still more than 55% (I was expecting 60%, but still it is much better than the previous levels). Also, if you include the market cap of Bitcoin Cash, then it goes up to 59.2%. And when Bitcoin Gold gets listed, I hope that the combined market cap of BTC+BCH+BTG will be more than 60%.
full member
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October 24, 2017, 11:44:59 PM
I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.

Primarily the market value is affected because of current events regarding bitcoin like news or banning from other country which will also affect supply and demand of coins where as when people panic sells the supply increases and somehow makes bitcoins value lower then when everything is bought again there will be a reduce in supply of coins so the demand increases and there goes your green market charts so high.
full member
Activity: 299
Merit: 100
October 24, 2017, 10:25:19 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
--
You don't have to be bothered (if you are) by the price drop it's normal.
BTC is continuously gaiing its popularity that's why more and more people are buying BTC that makes the price increase. And when the price is high some traders exchange/sell their BTC to other crypto or fiat money, that causes the price to decrease. But don't worry, when the price is low people tend to buy more coins, that causes the price to pump up again. Its a cycle, other events also affects its price, like positive/negative publicity, legalizing/banning etc.
full member
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October 24, 2017, 09:51:44 PM
one of the declining bitcoin price factors is that many countries refuse and do not allow bitcoin as a legitimate means of payment in the country
full member
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October 24, 2017, 09:22:21 PM
I would like to know your opinion on what factors cause the value of Bitcoin to drop. A brief explanation helps.
Based on my reasearch bitcoin is a good volatility and it gives more increasing in bitcoin and i think the reason is many people sell and buy a bitcoin so thats why the bitcoin is flactuatiing.
member
Activity: 105
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October 24, 2017, 09:13:01 PM
- More use cases, example: services utilizing BTC
- A rising price (this sounds funny, but a raising price itself will fuel additional demand).
full member
Activity: 294
Merit: 100
October 24, 2017, 08:52:03 PM
for me the most obvious reason why bitcoins price drops is because of the law of supply and demand.
of course the demand can be affected by many factors too.
such as declaration from governments that has negative effects to the cryptocurrency like what happened with China before.
since we really cant prevent weak hands in selling their coins whenever such event happens.
then bitcoins price can always be affected because of it.
Cheesy
full member
Activity: 252
Merit: 100
October 24, 2017, 08:33:55 PM
Today's drop probably represents the fork off value of Bitcoin Gold, which initially traded at around $400. This is similar situation to the BCC fork, it's just temporary... I hope;)
full member
Activity: 420
Merit: 171
October 24, 2017, 08:31:06 PM
In my other view bitcoin price goes down because it is getting too expensive which means that the buyers are scratching their head.
In other words the more the seller the less the price. But again, bitcoin is volatile so nobody knows when it is going up or down. Maybe it is the time to buy more btc for the greater income.
The more bitcoin you have in less price the more it will be doubled when it rise up again.
sr. member
Activity: 385
Merit: 266
October 24, 2017, 08:26:23 PM
Ok. I’ll make it quite brief for you. The main concept to understand is the fact that the price of all the commodities are dependant on the supply and the demand of that particular commodity at the time. So Bitcoin’s price can only be found if you analyse the supply of it at the demand of Bitcoin at the time.

The skeleton of the concept is that whenever supply of the particular item is high and the demand, low, the price will usually fall. The opposite applies for a price rise. So a price rise is the result of an increase in demand and a decrease of supply.
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