Author

Topic: When will Bitcoin drop and how? (Read 2354 times)

legendary
Activity: 2954
Merit: 1153
June 06, 2017, 07:27:16 AM
#42
W are not sure when will bitcoin drop but it will happen if this increase is a bubble and the market cannot sustain the upsurge of price.  Price is always affected by supply and demand, and if ever the demand for bitcoin is fake (bubble created by whales) it will eventually pulled out creating drop in price.  Another factor is correction, the market cannot sustain the increase in price and will settle on the more stable price range.
sr. member
Activity: 1274
Merit: 293
June 06, 2017, 06:58:54 AM
#41
Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?
Its is tough to predict on what will be the price of bitcon but the only one thing that I can assure is bitcons price will drop if it is demand became low or if bitcoins is being banned in certain country. I think it is normal for bitcoin to drop because this is one of the abiliy of bitcoin the "unstable price". Yet, it became low because of the correction inorder to fix the price.
sr. member
Activity: 259
Merit: 250
June 06, 2017, 05:07:50 AM
#40
It is so difficult to predict when will the price go down or up, that's Bitcoin volatility for you. However, there are times within a year when the price occasionally increase and decrease. We have the so called correction where the current price of bitcoin will go down in order to correct the price. This is a normal event in bitcoin's price and a chance for investors to buy more coins. The best thing to do now is to monitor every steps in bitcoin. Uncertainties can always happen so no one can give the best and perfect answer for your concern.

If it concerns the crypto currency, then no analyst will make an accurate forecast for the next few days / weeks or months. Yes, in general, we can assume that the price will rise. But periodic falls no one guesses
hero member
Activity: 812
Merit: 509
June 06, 2017, 04:33:12 AM
#39
Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?

It's confused a lot of people in my opinion and including me. Bitcoin has some real surprises for everyone.I thought that bitcoin was going to crash when it was $1000 because i have never seen it rise so fast in such a long period of time. In fact i think the memory of most bit coiners at the time is bitcoin staying constantly at $400 and not moving at all - i was sort of expecting it to go back to $600, $500 etc.

But obviously i've been proven wrong. There is just no way bitcoin price is going to be predicted. Chart analysis does not work, it's just too unpredictable and too volatile as the market cap is low.

I would say at least to $3500 before any sort of correction comes. Just my say though.
sr. member
Activity: 490
Merit: 256
June 06, 2017, 04:09:12 AM
#38
It is so difficult to predict when will the price go down or up, that's Bitcoin volatility for you. However, there are times within a year when the price occasionally increase and decrease. We have the so called correction where the current price of bitcoin will go down in order to correct the price. This is a normal event in bitcoin's price and a chance for investors to buy more coins. The best thing to do now is to monitor every steps in bitcoin. Uncertainties can always happen so no one can give the best and perfect answer for your concern.
hero member
Activity: 882
Merit: 500
June 06, 2017, 12:01:07 AM
#37
Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?
If you can see from the year 2008 then you will find that it's speed of increasing price is very slow according to its past .
Here I will suggest you to buy now because the price for the Bitcoin will go speedily rise without going much down .
The reason behind this is that many countries are accepting Bitcoin as a legal thing and safe to have it , I mean a type of legalisation and regulation at the use .
So the people are not feeling any fear to have Bitcoin and continuously buying without stopping .
And this is making totally the Increase in the demand of Bitcoin in the whole world .
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
June 05, 2017, 11:23:23 PM
#36
I don't think bitcoin will drop in the next decades. A country or another can legalize an altcoin, but it won't affect all the other persons from the world. Many are here to skip the countries wishes and makes no sense to follow a currency because it was legalized by a country.
Bitcoin can drop when the currently technology becomes worthless, and it takes too much time to happen, that is why I think bitcoin survive well for more few decades without worries.
sr. member
Activity: 951
Merit: 250
June 05, 2017, 10:48:44 PM
#35
If bitcoin will drop there will be a massive reasons of dumping from those sellers particular to bigger whales who had huge investments. There is no exact date bitcoin will drop because it cannot be predicted and it only depends on the fluctuations at the market price. You must be updated all the time if planning on buying bitcoin for investments so that cheaper price will be grabbed as an opportunity for us to invest and hold for future profit gains.
legendary
Activity: 2898
Merit: 1823
June 05, 2017, 10:10:40 PM
#34
I am only worried about other altcoins competition. In case you don't know: Vitalik Buterin and Vladimir Putin met yesterday and discussed the application of blockchain technologies in Russia.
It seems that Putin will endorse Ethereum because it is more centralized than Bitcoin and he could influence it through Buterin. What will happen if Russia will legalize ETH instead of BTC next year?
In the worst case scenario that would make bitcoin a redundant asset in the future.

Why are you worried? Bitcoin has better code than Ethereum will ever have. All the dapp ICOs that were organized in Ethereum will have to wait for Vitalik to find a solution to make the network scale. From listening to different podcasts and interviews of the elite coders in crypto, they have said that Ethereum will not scale and all the solutions proposed, like Casper and sharding, are mere delusions from Vitalik.

I am not a coder but I would like to know what really is going on with Ethereum from the point of view of a coder.
sr. member
Activity: 826
Merit: 265
June 05, 2017, 11:28:00 AM
#33
Well a dip happened if there is a big whale working behind and cashing it out the first moment he saw huge profit. And the next thing happened, others panic sell causing the market to crash to a new low. I think this is a likely scenario. But we also know that the crash will only just take a matter of days and won't last a week or so. Just like the last crash we have, I think it just only 3 days. Very short lived.
legendary
Activity: 1582
Merit: 1006
beware of your keys.
June 05, 2017, 07:54:19 AM
#32
bitcoin will not keep increasing continuously for sure. even if the bitcoin price is dropping, it is not gonna hurt miners a lot, unless the price of bitcoin is decreasing like 30% in a day, where the impact is extreme in little difference. let alone with the bitcoin price returning to below $1000 nowadays with the bitcoin being legalised in a certain type of countries.

bitcoin is in a breathing effect which drops after rise and then in a cycle where increase is better than drop.
legendary
Activity: 1862
Merit: 1004
June 05, 2017, 04:22:43 AM
#31
I am only worried about other altcoins competition. In case you don't know: Vitalik Buterin and Vladimir Putin met yesterday and discussed the application of blockchain technologies in Russia.
It seems that Putin will endorse Ethereum because it is more centralized than Bitcoin and he could influence it through Buterin. What will happen if Russia will legalize ETH instead of BTC next year?
In the worst case scenario that would make bitcoin a redundant asset in the future.
sr. member
Activity: 1092
Merit: 256
Leading Crypto Sports Betting & Casino Platform
June 05, 2017, 03:57:20 AM
#30
The growth and fall in price happens unexpected. We can make predictions based on the scenario happening over the entire network. The current price increase is quite a sustained growth caused due to the increasing adoption, so a dip these days is not gonna take place. A dip could take place if someone in the top development team gives some negative statement against bitcoin same as one happened in the past.
legendary
Activity: 2898
Merit: 1823
June 04, 2017, 10:41:53 PM
#29
I cannot believe nobody has mentioned the upcoming UASF this coming August. If you do not know what that is then I suggest go read about it. If there was a possibility to make Bitcoin crash this year then that would be it.

that's the one. if we end up with two bitcoins, which would surprise me, i think the party would be permanently over.
No.  The price would drop until there was an obvious majority chain, at which point money would flow back in and there would be a domino effect which makes the previous one irrelevant.

Even if there was an ETH/ETC kind of situation there would be an obvious "winner".

In your opinion, on which chain would the Core developers choose to continue their development?

In all honesty, where ever the best developers go, that is where most of our investments should go. Core has been doing a good job with Bitcoin so far. I know they tend to be conservative but that is only because they cannot risk breaking a multibillion dollar blockchain.
sr. member
Activity: 378
Merit: 250
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June 04, 2017, 07:02:50 PM
#28
Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?

There will be drops along the way but no one can predict them for sure. I thought we would have had a bigger drop after the record increase but it recovered quickly. But another drop could still happen.
hero member
Activity: 672
Merit: 500
June 04, 2017, 03:22:45 PM
#27
A drop is unlikely to happen right now or even if it happens it won't be so big or something like a breaking news. And ya if you are asking in general well that will normally happen either when the price is really high or there is a sort if panic in market which used to be created by china in the past.
legendary
Activity: 3542
Merit: 1352
Cashback 15%
June 04, 2017, 10:56:36 AM
#26
When is kind of a tricky and unanswerable question. How is answerable somehow. By people selling their bitcoins as they deem that they already profited enough, that is where it will start. If most whales who provide support on a certain price range cut their position, everything is downhill from there. Right now traders are capitalizing off of the good exposure bitcoin js getting now amidst the uncertainties on the block size et cetera.
sr. member
Activity: 1297
Merit: 294
''Vincit qui se vincit''
June 04, 2017, 10:23:26 AM
#25
Bitcoin always drop but easily recovered it was very versatile that no one can accurately predict when will bitcoin drop, unless you are a whale and want to drop bitcoin and buy after the little fishes panic selling. For now you must buy more and join the ride to the moon.
sr. member
Activity: 812
Merit: 253
June 04, 2017, 10:16:31 AM
#24
Bitcoins price is unstable so basically we can't really tell when it is pumping or dumping. And it has been that way ever since, if you wanted to know how you can tell when bitcoins marketcap dumps then you can try to educate yourself and learn also how to read charts.
legendary
Activity: 1596
Merit: 1011
June 04, 2017, 09:28:28 AM
#23
No one can know the exact price of bitcoin. We are all here just speculating how bitcoin prices move in the market share. And when the bitcoin price decreases then there will be many people who panic sell, they will easily sell the bitcoin they have. This is the advantage a trader can get, they take the opportunity in a panic state. But when there is more demand from bitcoin usually bitcoin prices will increase. these are all difficult to predict, we all follow the existing market for bitcoin prices are easily affected by various circumstances.
legendary
Activity: 3038
Merit: 1169
June 04, 2017, 08:56:59 AM
#22
No one can know when the price will rise or drop or we would be rich already.
But you can be sure that the price of bitcoin will always rise in the long run. So if you can, buy more!

Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?
I may be mistaken, but if you asked what makes the price fall or rise in the market, that's the answer:

More people BUYING bitcoin = Price UP
More people SELLING bitcoin = Price DOWN

This is a simplified explanation on how bitcoin price increases and decreases, and for OP if you are asking when will the price would decrease is not a very simple question because just like tryninja said no one would really know when it will drop, but certain unwanted selling of most people are the cause of a sudden drop in price just like what happen when we had reach the price value of $2700 certain people make an emotional selling out of fear that bitcoin might drop all of a sudden then a consecutive selling of many was the reason why the price drop well hope when bitcoin increase up to $3000 we can not see this kind of drop anymore.
legendary
Activity: 1372
Merit: 1005
June 04, 2017, 07:35:48 AM
#21
No.  The price would drop until there was an obvious majority chain, at which point money would flow back in and there would be a domino effect which makes the previous one irrelevant.

Even if there was an ETH/ETC kind of situation there would be an obvious "winner".

even if everything is smooth it sets a precedent and one that bitcoin can't afford. eth/etc doesn't matter. the users will do what they're told by vitalik. bitcoin doesn't work that way.

Altcoin does not matter about the bitcoin's anything but the people worry about the price sustainability has been similarly changes in the same time on both. It make everyone fear about the value and comparing with ETH.
However, ETH holding will work like bitcoin in the 2015 or early that.
legendary
Activity: 1288
Merit: 1087
June 04, 2017, 07:12:37 AM
#20
No.  The price would drop until there was an obvious majority chain, at which point money would flow back in and there would be a domino effect which makes the previous one irrelevant.

Even if there was an ETH/ETC kind of situation there would be an obvious "winner".

even if everything is smooth it sets a precedent and one that bitcoin can't afford. eth/etc doesn't matter. the users will do what they're told by vitalik. bitcoin doesn't work that way.
hero member
Activity: 574
Merit: 500
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June 04, 2017, 07:08:06 AM
#19
I cannot believe nobody has mentioned the upcoming UASF this coming August. If you do not know what that is then I suggest go read about it. If there was a possibility to make Bitcoin crash this year then that would be it.

that's the one. if we end up with two bitcoins, which would surprise me, i think the party would be permanently over.
No.  The price would drop until there was an obvious majority chain, at which point money would flow back in and there would be a domino effect which makes the previous one irrelevant.

Even if there was an ETH/ETC kind of situation there would be an obvious "winner".
legendary
Activity: 1288
Merit: 1087
June 04, 2017, 06:57:00 AM
#18
I cannot believe nobody has mentioned the upcoming UASF this coming August. If you do not know what that is then I suggest go read about it. If there was a possibility to make Bitcoin crash this year then that would be it.

that's the one. if we end up with two bitcoins, which would surprise me, i think the party would be permanently over.
legendary
Activity: 2898
Merit: 1823
June 04, 2017, 06:50:50 AM
#17
I cannot believe nobody has mentioned the upcoming UASF this coming August. If you do not know what that is then I suggest go read about it. If there was a possibility to make Bitcoin crash this year then that would be it.
legendary
Activity: 1526
Merit: 1179
June 04, 2017, 06:16:15 AM
#16
The price cannot grow indefinitely. Sooner or later there will be saturation in the market of offers of bitcoins and the price will start to drop down. In Fiat money to overcome inflation can be due to sterilization of money supply and how this mechanism can be applied in bitcoin I don't know. So I think that in the future bitcoin price will fall.
Bitcoin will grow as long as the demand grows. It's pointless to focus already on reaching a point at which the price won't increase anymore.

Bitcoin for me is like gold 2.0. Look at how gold has been important for thousands of years, and compare that with how we more and more depend on everything internet and technology related.

If you purely focus on the potential growth of Bitcoin, you'll start to realize that Bitcoin in current form is nothing more than a tiny dot.

I honestly believe that there is a possibility that our generation isn't even going to experience Bitcoin's ultimate top. That's how much I value my coins and will continue to firmly hodl them.
legendary
Activity: 2576
Merit: 1655
June 04, 2017, 06:06:19 AM
#15
Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?

Bitcoin market price movement is unpredictable. No one for sure when is the time to go up and down. Last weeks crash was not predicted by anyone. Well, they make want we call and "educated guess" on how the price movement will be. So price is very unstable now, but we are all optimistic here and believing that the price of bitcoin will surely rise in the future.
sr. member
Activity: 630
Merit: 272
June 04, 2017, 06:01:45 AM
#14
The price cannot grow indefinitely. Sooner or later there will be saturation in the market of offers of bitcoins and the price will start to drop down. In Fiat money to overcome inflation can be due to sterilization of money supply and how this mechanism can be applied in bitcoin I don't know. So I think that in the future bitcoin price will fall.
hero member
Activity: 700
Merit: 500
June 04, 2017, 05:51:25 AM
#13
Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?
When there will not be any big news which will be impacting negatively, we can expect bitcoin prices to keep on increasing in coming months. Even among any possible bad news, only short term corrections will be possible and after that prices will bounce back like how currently prices are doing after hitting $1800 last week.

Bitcoin was fundamentally designed to have huge values along with time (because then only, people will switch over to it by neglecting their traditional momentary systems ) or at least every four years. I am not seeing any reasons for prices to drop.
legendary
Activity: 1442
Merit: 1016
June 04, 2017, 05:24:16 AM
#12
Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?

Why you speak about a drop? You're looking for an entry point? Well there was an opportunity a few days ago as we dropped down to ~$1800!
Many things depend on the coming SegWit activation is august. If it goes smooth and miners like antpool realize they have no chance to avoid or stop it we could move up to $4k or higher until the end of the year.
If antpool and it's alliance of miners try to split the chain we will go down for a while in terms of price.
The bottom line is that no one really can know what's going to happen. Often Bitcoin acts like a wild beast and will do whatever it wants.
legendary
Activity: 2058
Merit: 1015
June 04, 2017, 02:46:00 AM
#11
When? tbh i don't know there is no sign or indication yet that price will drop so basically still it will be on top. How? if their is bad news in cryptoworld like hacking of a bitcoin related website such as gambling site, exchange site, etc. or there is a big dump mostly made by whales.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
June 04, 2017, 02:33:36 AM
#10
Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?

bitcoin price rising is not really something strange or new!
maybe your confusion is because you are new to the world of investment. in this world when some new investment (in this case) technology comes out there will be an adoption phase where new money keeps coming in and invests in that technology (in this case buys bitcoin) and because of that price keeps going up.

and because this new money is constantly adding up and the adoption grows the price can not drop. the drops you see are because of fast rises and orderbooks being small (with small order sizes) which leads to correction of price. and will soon continue going up as we have seen many times.
hero member
Activity: 1946
Merit: 502
June 04, 2017, 01:39:43 AM
#9
No one knows when will bitcoin go down ,but you can determine it buy checking the demand  in supply.
Like what they have said ,if theres too many selling, price will go down demand on bitcoin goes down too,if the panic continues it will create a big hole ,maybe thats the time bitcoin  will drop.
copper member
Activity: 1330
Merit: 899
🖤😏
June 04, 2017, 12:55:32 AM
#8
Every where you go look and research and study for a while you'll see that Bitcoin has to drop down but is it? every time when you think there are no surprises it will still surprise you. one thing if I've learned correctly, there will be a massive dump no matter what we do because people will eventually need money or just are greedy and will dump but that doesn't mean Bitcoin lost it's value.
sr. member
Activity: 644
Merit: 250
June 04, 2017, 12:48:44 AM
#7
Demand and supply determines the price of bitcoin. When the demand increases more people buy bitcoin than selling it. This increases the price. Bitcoin price depends upon speculation too. Sometimes just through speculation by investors and experts, price increases. But that generally creates a bubble which eventually pops out after sometimes. At present, bitcoin demand have increased. More people are getting into bitcoin which increases the demand and halving cuts the supply. What I think is that bitcoin price will keep on increasing with some fluctuations if nothing major happens.
legendary
Activity: 2688
Merit: 1065
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June 04, 2017, 12:31:06 AM
#6
Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?

If we know what will happened then no need for analyzations before we do trades.

Just remember some of the basic trading rules: Buy when Drop , Sell on Top, Don't buy while increasing, Don't sold while decreasing. It's more making sense to know how the market moves and how will you react rather than to pinpoint exactly when will bitcoin drops it's price since no one knows as it will depend on trader's majority moves on a certain trend. Factors could be, speculation, negative news, intentional dump of a whales etc.
legendary
Activity: 2646
Merit: 1106
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June 04, 2017, 12:15:47 AM
#5
Price drop is normal with bitcoin. This happens periodically and the panic users sell to profit, but the same is used as an opportunity by the investors and make a much better profiting as the price increases in a certain time period once after it drops. For very big profit it's good to hold for a long using the opportunity when the price drop happens.
hero member
Activity: 770
Merit: 500
Bazinga!
June 03, 2017, 10:06:49 PM
#4
Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?

go back one level to the speculation board and start clicking the pages, there are 356 of them. you can see your question being asked on each price rise, specially if they were big, starting back when price went to $12 first and then $20 and each time the answer is the same.

we don't know, but the bitcoin adoption is increasing which leads to the price rise more and more in the long term.
hero member
Activity: 644
Merit: 500
June 03, 2017, 09:36:31 PM
#3
about you ask when bitcoin down price
anytime bitcoin price can down and corection price
but about bitcoin crash down price only bad news can bitcoin price is down over 500 dollar, example exchanger hack and more
legendary
Activity: 2758
Merit: 6830
June 03, 2017, 05:46:21 PM
#2
No one can know when the price will rise or drop or we would be rich already.
But you can be sure that the price of bitcoin will always rise in the long run. So if you can, buy more!

Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?
I may be mistaken, but if you asked what makes the price fall or rise in the market, that's the answer:

More people BUYING bitcoin = Price UP
More people SELLING bitcoin = Price DOWN
sr. member
Activity: 980
Merit: 253
June 03, 2017, 05:41:18 PM
#1
Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?
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