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Topic: So, what's up with the price? - page 2. (Read 3092 times)

sr. member
Activity: 546
Merit: 250
kittiefight.io Combat MMO Lending Jackpots
March 18, 2017, 05:12:34 AM
#38
Maybe it's just the Winlkevoss Twins selling off a portion of their hodlings, since, you know...
Or Roger Ver is selling his 300 000 fortune, because he already know that BTU will win battle and remove BTC from market..   Grin
Allow me to enlighten you a little. Read this http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/
I also believe that you have automatic BTU if the fork splits the blockchain. Please correct me if I am wrong. And if not, you already have BTC that will become BTU. So no need for Roger Ver to do anything.
Or maybe he wants to split the blockchain so that he will double his 300,000 fortune. Grin
If a single individual could single handedly influence the fate of bitcoin by splitting the block chain and there by increasing his fortune will not stand in a good note with all the officials who are trying to pass the ETF  and this will be shown as a proof in the future and the growth will be shunned if anything of that sort will happen.I am not sure how these things will play out and may be people who invested in it are not willing to risk what they are not sure and so is the reason for the sell off.
legendary
Activity: 2982
Merit: 1028
March 17, 2017, 11:06:05 PM
#37
Maybe it's just the Winlkevoss Twins selling off a portion of their hodlings, since, you know...

Let's hope that's just the case, because if that's only it, we'd bounce back early.
always needed to be positive mate, if this just cause by some big holders and support from real investors will comes up and suck those
dumped coin for sure we will be able to bounce back, right now its really risky shorting btc might be needed for some more time to
see how this flow will continue.
legendary
Activity: 2898
Merit: 1823
March 17, 2017, 10:55:36 PM
#36
Maybe it's just the Winlkevoss Twins selling off a portion of their hodlings, since, you know...

Or Roger Ver is selling his 300 000 fortune, because he already know that BTU will win battle and remove BTC from market..   Grin

Allow me to enlighten you a little. Read this http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/

I also believe that you have automatic BTU if the fork splits the blockchain. Please correct me if I am wrong. And if not, you already have BTC that will become BTU. So no need for Roger Ver to do anything.

Or maybe he wants to split the blockchain so that he will double his 300,000 fortune. Grin
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
March 17, 2017, 09:56:27 PM
#35
Maybe it's just the Winlkevoss Twins selling off a portion of their hodlings, since, you know...

Let's hope that's just the case, because if that's only it, we'd bounce back early.
full member
Activity: 369
Merit: 101
March 17, 2017, 09:53:20 PM
#34
Maybe it's just the Winlkevoss Twins selling off a portion of their hodlings, since, you know...

Or Roger Ver is selling his 300 000 fortune, because he already know that BTU will win battle and remove BTC from market..   Grin
hero member
Activity: 994
Merit: 510
March 17, 2017, 09:48:43 PM
#33
Maybe it's just the Winlkevoss Twins selling off a portion of their hodlings, since, you know...

This drop is probably just a correction due to the recent rise in price. Traders will sell some Bitcoins when the price is high and wait for a drop in price to buy back in.
legendary
Activity: 1512
Merit: 1000
March 17, 2017, 09:29:39 PM
#32
Maybe it's just the Winlkevoss Twins selling off a portion of their hodlings, since, you know...
legendary
Activity: 1232
Merit: 1091
March 17, 2017, 05:43:47 PM
#31
I think it is all about fork. Investors are not sure when and what will happen - the true is that these are only speculations, and in my opinion someone is just playing here. People reactions we can see on charts, but nobody said that fork will ever happen.
I'm sure after the weekend everything calms down.

Speculation or not, investors that aren't really into Bitcoin and just stick to trading, are most likely the ones that are pulling out right now. I can't really blame them as uncertainties regarding everything related to BU grows. Especially now exchanges have released their approach on how to deal with 2 different chains, where both Bitcoin and BU might get a separate exchange listing. Basically the same as what happened with ETH and ETHC. I however don't think it will come that far.
full member
Activity: 369
Merit: 101
March 17, 2017, 05:19:06 PM
#30
I am more surprised of the way it went down last few days. Below $1000? That is a hell of a fall.
Do bitcoin holders really panic like that to make it fall for $200?
I thought we are risking some money here for a better profit in the future.
Just a news about bitcoin ETF makes them excited then suddenly dump it after the news of not accepting it.
We should really change the way we see bitcoin.

Dude it was below 1000 for all of 10 minutes. It was a cascade of sell offs triggered by news of etf denial, and a whole lot of stops getting triggered. It was back at 1200 in a day.

Right, nothing big happened with the price, no significant dump and I don't know why people are making such drama out of it? There is nothing wrong with the price, it has kept the good value with goods position to continue to rise and come up to bigest value so far so don't make problems where there isn't any.

I think it is all about fork. Investors are not sure when and what will happen - the true is that these are only speculations, and in my opinion someone is just playing here. People reactions we can see on charts, but nobody said that fork will ever happen.
I'm sure after the weekend everything calms down.
sr. member
Activity: 294
Merit: 250
March 17, 2017, 04:54:40 PM
#29
Momentum is turning. Just made 0.2 BTC profit today and i am in BTC again. This means that we must move up because otherwise i got burned. It is slowly turning more bullish again. Already + 7 EUR since the lowest point of today. FUD defeated, just like BU. Now we need to stop those false fork rumours.
FUD defeated?
I don't think bitcoin is out of the woods just yet. Undecided
There are the alts to to defeat first.
They are the ones who are taking away from bitcoin's thunder.
Attack of the clones (Alts) maybe the next chapter in the book of bitcoin just maybe to be encountered until it is clear to grow into what it was meant to become into from the very start.
hero member
Activity: 658
Merit: 505
March 17, 2017, 04:19:00 PM
#28
I am more surprised of the way it went down last few days. Below $1000? That is a hell of a fall.
Do bitcoin holders really panic like that to make it fall for $200?
I thought we are risking some money here for a better profit in the future.
Just a news about bitcoin ETF makes them excited then suddenly dump it after the news of not accepting it.
We should really change the way we see bitcoin.

Dude it was below 1000 for all of 10 minutes. It was a cascade of sell offs triggered by news of etf denial, and a whole lot of stops getting triggered. It was back at 1200 in a day.

Right, nothing big happened with the price, no significant dump and I don't know why people are making such drama out of it? There is nothing wrong with the price, it has kept the good value with goods position to continue to rise and come up to bigest value so far so don't make problems where there isn't any.
legendary
Activity: 2898
Merit: 1823
March 16, 2017, 10:33:17 PM
#27
OP, the reason is simple, it is all a bubble. There are whales behind the scenes that are pumping the price. I also believe connecting the price of Bitcoin with the direction of the stock market is a mistake. Bitcoin operates and moves beyond all the traditional ways of economics. It is its own little world.

Bitcoin price bump is based on the people use it. Demand and supply determining the value of bitcoin whether it is bump or dump. You could check in Google, many of the companies are initiated block chain technology to the firms to make more secured to avoid the hacking issue through out globally.
Bubble is because of heavy rate of adoption around the world. Its been continuing till this year end. Wait and watch to see the next peak value.

Then please present the evidence. I believe we have not really seen Bitcoin really being used as a currency yet. Most of the transactions are from the dark markets which is growing but it is not really that big yet. The rest are being held in wallets as an investment. Present the numbers and the stats then I will believe you.
newbie
Activity: 32
Merit: 0
March 16, 2017, 04:42:23 PM
#26
...

That could happen. But if the scaling problem of bitcoin is not solved, people will start using altcoin.

lol.
if people start using something else then there is no scaling problem.
it would solve itself.
newbie
Activity: 58
Merit: 0
March 16, 2017, 03:06:51 PM
#25
The better question is what is up with the prices of ETH, DASH, and XMR. Those coins have been raising quite high in the past couple of days and it seems like it hasn't slowed down too from what I am seeing. But, let's see. Maybe when everything else goes down again bitcoins will shoot up to $2,000.

That could happen. But if the scaling problem of bitcoin is not solved, people will start using altcoin.
sr. member
Activity: 336
Merit: 250
March 16, 2017, 02:17:38 PM
#24
I am more surprised of the way it went down last few days. Below $1000? That is a hell of a fall.
Do bitcoin holders really panic like that to make it fall for $200?
I thought we are risking some money here for a better profit in the future.
Just a news about bitcoin ETF makes them excited then suddenly dump it after the news of not accepting it.
We should really change the way we see bitcoin.

Dude it was below 1000 for all of 10 minutes. It was a cascade of sell offs triggered by news of etf denial, and a whole lot of stops getting triggered. It was back at 1200 in a day.
sr. member
Activity: 392
Merit: 250
March 16, 2017, 02:08:31 PM
#23
Momentum is turning. Just made 0.2 BTC profit today and i am in BTC again. This means that we must move up because otherwise i got burned. It is slowly turning more bullish again. Already + 7 EUR since the lowest point of today. FUD defeated, just like BU. Now we need to stop those false fork rumours.
hero member
Activity: 2912
Merit: 642
March 16, 2017, 02:03:58 PM
#22
I am more surprised of the way it went down last few days. Below $1000? That is a hell of a fall.
Do bitcoin holders really panic like that to make it fall for $200?
I thought we are risking some money here for a better profit in the future.
Just a news about bitcoin ETF makes them excited then suddenly dump it after the news of not accepting it.
We should really change the way we see bitcoin.
sr. member
Activity: 406
Merit: 250
March 16, 2017, 01:38:24 PM
#21
The better question is what is up with the prices of ETH, DASH, and XMR. Those coins have been raising quite high in the past couple of days and it seems like it hasn't slowed down too from what I am seeing. But, let's see. Maybe when everything else goes down again bitcoins will shoot up to $2,000.

Yes let's hope for the best and i am sure these coins are no competitors to bitcoin and bitcoin will rule the digital currency market and it's going to happen very soon as per projection we will reach $1300 in couple of months.
legendary
Activity: 1134
Merit: 1597
March 16, 2017, 01:31:31 PM
#20
The better question is what is up with the prices of ETH, DASH, and XMR. Those coins have been raising quite high in the past couple of days and it seems like it hasn't slowed down too from what I am seeing. But, let's see. Maybe when everything else goes down again bitcoins will shoot up to $2,000.

The ETF affected their prices the most, probably. After Bitcoin was rejected, people went to different other Altcoins to put their money into, and most of them probably went to all the three you have specified above, because they're the ones with the most potential to rise. I just hope it's not a pump and dump thing that will create "chaos" for the investors who put a lot of money in them right now.

I knew Monero will rise, but I didn't know about DASH and ETH. Now I heard about DASH being a scam. Possible, but unlikely in my opinion.. and I hope it's not. There have also been events recently that drove the prices even higher: the Netherlands' elections, the Brexit final vote, the Fed interest rate decision and possibly even others (these are the major ones). Check the Silver or Gold price chart in the last 24 hours! While others are increasing in price, Bitcoin had a small fall because investors are moving to other coins. But don't worry, this will have a recovery. Sooner or later!
sr. member
Activity: 462
Merit: 251
March 16, 2017, 01:17:15 PM
#19
OP, the reason is simple, it is all a bubble. There are whales behind the scenes that are pumping the price. I also believe connecting the price of Bitcoin with the direction of the stock market is a mistake. Bitcoin operates and moves beyond all the traditional ways of economics. It is its own little world.

Bitcoin price bump is based on the people use it. Demand and supply determining the value of bitcoin whether it is bump or dump. You could check in Google, many of the companies are initiated block chain technology to the firms to make more secured to avoid the hacking issue through out globally.
Bubble is because of heavy rate of adoption around the world. Its been continuing till this year end. Wait and watch to see the next peak value.
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