Topic: Why Bitcoin price are dropping? (Read 5448 times)
Ughhhh, Bitcoin is very very low now. I think Bitcoin will might not recover anymore... :/
Well, despite the current low price of btc, at least we can take a look at the postive side, it took 11 months to crash it from $1200 but it only took 2 months from $150 too $1200 last year
This is part of the price cycles of bitcoin once this hits bottom the price will rise up to $5000.
I hope this will happen
IMO it is logical to see the price going down when big companies accept bitcoin through Bitpay and Coinbase. The more people spending bitcoin, the more sell orders will appear on exchange.
True. I guess in the long run, large companies accepting bitcoin will result in higher prices.
As acceptance increases, the bitcoin economy will grow.
IMO it is logical to see the price going down when big companies accept bitcoin through Bitpay and Coinbase. The more people spending bitcoin, the more sell orders will appear on exchange.
This is part of the price cycles of bitcoin once this hits bottom the price will rise up to $5000.
So guys.. Who tries to predict the price of BTC on January 1?
318,00?
318,00?
Probably same level as now, maybe between +30 and -10.
Bitcoin stopped to drop and now is in consolidation phase. After X months in consolidation we sill see another moon ride
You need to buy now before the price rockets.
To Da Moon
To Da Moon
Kind of like the stock market once it starts going down people start freaking out and start selling.
So guys.. Who tries to predict the price of BTC on January 1?
318,00?
318,00?
It's about offer and demand. Many people offer btc but less people are interested in buying or they want to buy at lower prices so they put lower bids and when miners/holders are in need of coins they sell for that lower bid making btc go down.
Also sometimes it's fear and panic caused by whales.
Also sometimes it's fear and panic caused by whales.
I just dont understand why the price is going lower every day, is the fear of cyberterrorism combined with anonymity scares of a solid investor promoting btc to a legitimate world currency?
Nobody stands in line to board a sinking ship
Sinking ship, when more and more big companies are starting to embrace bitcoin? Where did you get that idea from?
That's not sinking ship, but why market cap is going down if - as you wrote: "more and more big companies are starting to embrace bitcoin"? That's strange and for that price is dropping.. and of course more other things
There is 10% more bitcoins than when we started the year so 320$ is about the same market cap as 350$ in January 2014
I just dont understand why the price is going lower every day, is the fear of cyberterrorism combined with anonymity scares of a solid investor promoting btc to a legitimate world currency?
Nobody stands in line to board a sinking ship
Sinking ship, when more and more big companies are starting to embrace bitcoin? Where did you get that idea from?
That's not sinking ship, but why market cap is going down if - as you wrote: "more and more big companies are starting to embrace bitcoin"? That's strange and for that price is dropping.. and of course more other things
I just dont understand why the price is going lower every day, is the fear of cyberterrorism combined with anonymity scares of a solid investor promoting btc to a legitimate world currency?
Nobody stands in line to board a sinking ship
Sinking ship, when more and more big companies are starting to embrace bitcoin? Where did you get that idea from?
I just dont understand why the price is going lower every day, is the fear of cyberterrorism combined with anonymity scares of a solid investor promoting btc to a legitimate world currency?
Nobody stands in line to board a sinking ship
I just dont understand why the price is going lower every day, is the fear of cyberterrorism combined with anonymity scares of a solid investor promoting btc to a legitimate world currency?
Who cares? your view is as good as mine.
What matters is that this is a really good buying opportunity if you can hold long term
What matters is that this is a really good buying opportunity if you can hold long term
The bitcoin price isn't really dropping, it has been fairly stable in the last 2 months.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.
Of course it's dropping. It took a big hit recently and look at the price compared to this time last year. I think it's lost nearly 2/3 of its value since then.
It dropped from the ATH because a high price between 700$ and 1100$ was not sustainable. 320$ is still high compared to the average price of 2013
yeah btc was stronger last year when the market cap was over 8 billion, now it's sitting under 5. A bitecoin miner now can only hope the price goes up so he can actually get an ROI to pay for his miner..
Actually, I believe the best way for a bitcoin miner to make money would be to sell his rig to a noob on eBay, then buy the coin he believes in and hope for an eventual price increase.
The bitcoin price isn't really dropping, it has been fairly stable in the last 2 months.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.
Of course it's dropping. It took a big hit recently and look at the price compared to this time last year. I think it's lost nearly 2/3 of its value since then.
It dropped from the ATH because a high price between 700$ and 1100$ was not sustainable. 320$ is still high compared to the average price of 2013
yeah btc was stronger last year when the market cap was over 8 billion, now it's sitting under 5. A bitecoin miner now can only hope the price goes up so he can actually get an ROI to pay for his miner..
The bitcoin price isn't really dropping, it has been fairly stable in the last 2 months.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.
It dropped from over $1000, but I consider it as a correction of the previous unhealthy rally.
Of course it's dropping. It took a big hit recently and look at the price compared to this time last year. I think it's lost nearly 2/3 of its value since then.
It dropped from the ATH because a high price between 700$ and 1100$ was not sustainable. 320$ is still high compared to the average price of 2013
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