Topic: the REAL REASON for the collapse of the Bitcoin price - page 2. (Read 2620 times)
or people scared about more coins from SR and stamp being dumped at sight
What if I tell you there's no collapse, just a market "correction".
What if I tell you there is no bottom?
You are correct!
Edit: actually there is, it's 0...
What if I tell you there's no collapse, just a market "correction".
What if I tell you there is no bottom?You are correct!
Edit: actually there is, it's 0...
What if I tell you there's no collapse, just a market "correction".
What if I tell you there is no bottom?
What if I tell you there's no collapse, just a market "correction".
The real reason is obvious! 800,000 coins stolen by MtGox are being slowly and carefully dumped on the open market, driving down the price.
The flooding of the market by the Goxxed coins will probably continue to keep the price low until they are all absorbed by investors and consumers .. how long will that take? No one knows.
The flooding of the market by the Goxxed coins will probably continue to keep the price low until they are all absorbed by investors and consumers .. how long will that take? No one knows.
Gox did not lose 800,000 BTC. If they did surely you can show us where and when those coins were taken, yes?
There has been a shift in miners, goals of market speculators, and merchant adoption. I would argue that these are the primary reasons for the continued bear market.
Might be the effect of big merchants dumping coin as well...
big merchants dont hold coin .. they use Bitstamp or CoinBase to convert bitcoin payments to USD instantly. Even Overstock only keeps 10% of the bitcoin it receives as Bitcoin, cashing out the rest as USD
Or hostile gov't regulation
govt regulation is mostly viewed as favorabl, legitimizing the currency
corporations love regulation because it increases barriers to entry for their competitors
If u notice carefully, while bitstamp was locked, price was rising. Because, liquidity got frozen. This was the liquidity of a trusted exchange. As soon as they are back, price is falling again.
p.s. In bitcoin, liquidity follows trust.
p.s. In bitcoin, liquidity follows trust.
very valid insight, thank you
Or it's falling because 3600 coins a day are released and there's obv not $1 mil/usd flowing into the market on a daily basis to buy those coins. The price of BTC needs to fall ALOT more before it stops falling.
This is going to happen for another year and a half! then even once they halve it will be 1800 coins/day which is still alot for another 4 years! This pig ain't going anywhere for the next 5-10 years
This is going to happen for another year and a half! then even once they halve it will be 1800 coins/day which is still alot for another 4 years! This pig ain't going anywhere for the next 5-10 years
The real reason is obvious! 800,000 coins stolen by MtGox are being slowly and carefully dumped on the open market, driving down the price.
The flooding of the market by the Goxxed coins will probably continue to keep the price low until they are all absorbed by investors and consumers .. how long will that take? No one knows.
The flooding of the market by the Goxxed coins will probably continue to keep the price low until they are all absorbed by investors and consumers .. how long will that take? No one knows.
You really believe yourself when you say this don't you. Amazing you hold the unique sole influence on why the price of Bitcoin is down. How are the websites coming?
If u notice carefully, while bitstamp was locked, price was rising. Because, liquidity got frozen. This was the liquidity of a trusted exchange. As soon as they are back, price is falling again.
p.s. In bitcoin, liquidity follows trust.
p.s. In bitcoin, liquidity follows trust.
Might be the effect of big merchants dumping coin as well...
The real reason is obvious! 800,000 coins stolen by MtGox are being slowly and carefully dumped on the open market, driving down the price.
The flooding of the market by the Goxxed coins will probably continue to keep the price low until they are all absorbed by investors and consumers .. how long will that take? No one knows.
The flooding of the market by the Goxxed coins will probably continue to keep the price low until they are all absorbed by investors and consumers .. how long will that take? No one knows.
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