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Topic: Why Bitcoin price are dropping? - page 5. (Read 5469 times)

legendary
Activity: 1120
Merit: 1000
December 06, 2014, 07:07:21 PM
#28
price is dropping because number of daily transactions are decreasing  Wink


the number of transactions is not decreasing.

Also there is no way to connect more or less value due to more or less transactions, when there are lots of off chain transactions and the value of each transaction can vary
legendary
Activity: 1862
Merit: 1004
December 06, 2014, 06:59:21 PM
#27
price is dropping because number of daily transactions are decreasing  Wink

nope, daily transactions are increasing. I think the price is steered by miners at this moment creating downward pressure, too many big miners stepped up pushing difficulty up and cashing out too fast for the market to adjust

That it exactly what arieq said. Transactions would never decrease in numbers in the future it will be always more and more transactions. But even if hypothetically transaction number decreased somehow that is not factor that explain low bitcoin price in my opinion.
sr. member
Activity: 364
Merit: 256
December 06, 2014, 10:50:34 AM
#26
price is dropping because number of daily transactions are decreasing  Wink

nope, daily transactions are increasing. I think the price is steered by miners at this moment creating downward pressure, too many big miners stepped up pushing difficulty up and cashing out too fast for the market to adjust
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
December 06, 2014, 07:08:51 AM
#25
Basically depends upon the interest of buyers and sellers, just as given an example before (below):

Supply and demand.

Low supply - high demand -> High price

High supply - low demand -> low price

According to this, there isn't balance so that the Bitcoin price is very volatile.
sr. member
Activity: 350
Merit: 250
December 06, 2014, 07:02:49 AM
#24
price is dropping because number of daily transactions are decreasing  Wink
member
Activity: 112
Merit: 10
yes my email is [email protected]
December 06, 2014, 06:09:30 AM
#23
Ifbitcoin was stable there would not have that much fun, so its good to go up and down Tongue
donator
Activity: 1218
Merit: 1015
December 06, 2014, 05:42:56 AM
#22
not really it dropped man !

Everything that's come down, must go up.
That would suck... always being pulled into the atmosphere, sitting on our ceilings and suddenly needing to run extension cords for everything. Better fix yer roof, Jim -- that thing gives now and you'll be floating out into space.

I wonder what some of the earliest solutions to that'd be. Can't use large electro-magnets most places anymore without major destruction... tethers are too manual and complicated for our LCDs... maybe stuff people inside "normal air" balloons with a helium outer balloon short-term. Hot air would be "rising down"..... though I'd guess it'd be pretty likely to pop since it'd probably be pushing against something solid.

Would be pretty cool if the atmosphere could keep all our water in, and then we'd have land toward the center of Earth (assuming it doesn't slowly explode) and a giant ocean on the "inside lining" we're all floating to.


uhhhh.... @OP - nobody can really answer that. Don't ever trade on fundamentals unless it's paying a dividend. There're too many known unknowns, unknown unknowns, and unknowns we claim to be able to predict based on numerology, chartism, and gut feelings. It's just something to talk about where everyone can pretend to be an expert, like how CNBC talking heads ramble on about the implication of "consumer confidence indices" - don't take it too seriously, though.
hero member
Activity: 644
Merit: 500
December 06, 2014, 05:17:48 AM
#21
not really it dropped man !

Everything that's come down, must go up.
member
Activity: 112
Merit: 10
yes my email is [email protected]
December 06, 2014, 05:08:15 AM
#20
not really it dropped man !
legendary
Activity: 1946
Merit: 1137
December 06, 2014, 12:04:33 AM
#19
that is because people are selling and buying every minute. also miners mine new bitcoin and mostly sell it on the market. so the selling will reduce the price and buying will raise it.
legendary
Activity: 1862
Merit: 1004
December 06, 2014, 04:11:33 AM
#19
no China = no 1+ billion people buying like crazy

more BTC acceptance = more coins dumped to fiat at sight

the two facts = bitcoin price melting down

simple

Do you remember bitcoin price from last year? Exactly around this time? Bitcoin was worth about 3x current price. And I did not see any China markets then.
sr. member
Activity: 266
Merit: 250
December 05, 2014, 07:26:29 PM
#18
sell bigger than bought, right?
 sorry newbie  Kiss
hero member
Activity: 560
Merit: 500
December 05, 2014, 03:25:53 PM
#17
Supply and demand.

Low supply - high demand -> High price

High supply - low demand -> low price

According to this, there isn't balance so that the Bitcoin price is very volatile.
legendary
Activity: 1148
Merit: 1014
In Satoshi I Trust
December 05, 2014, 03:23:12 PM
#16
because people sell.
legendary
Activity: 2478
Merit: 1360
Don't let others control your BTC -> self custody
December 05, 2014, 02:39:28 PM
#15
Hi forumers!

Why Bitcoin price are dropping?

could we make the price rise again? how?


Sorry for my BAD English
Thanks advance
and
God Bless!!!!!

btc is inflationcoin. Come back in 8 years, you're too early. Too much supply. 10% inflation this year. Not good for the price of course. Bitcoin is plentyful for years to come thus valued accordingly. Before it will rise it will have to stagnate. (my 2 cents)

That's what I was thinking. Mining brings a lot of coins to the market and the popularity of bitcoin raises slowly. The price will go up eventually, but it may take even 2 or 3 years before it reaches $1000 again.
legendary
Activity: 1120
Merit: 1000
December 05, 2014, 02:12:15 PM
#14
no China = no 1+ billion people buying like crazy

more BTC acceptance = more coins dumped to fiat at sight

the two facts = bitcoin price melting down

simple
hero member
Activity: 742
Merit: 500
December 05, 2014, 01:33:42 PM
#13
Hi forumers!

Why Bitcoin price are dropping?

could we make the price rise again? how?


Sorry for my BAD English
Thanks advance
and
God Bless!!!!!

btc is inflationcoin. Come back in 8 years, you're too early. Too much supply. 10% inflation this year. Not good for the price of course. Bitcoin is plentyful for years to come thus valued accordingly. Before it will rise it will have to stagnate. (my 2 cents)
hero member
Activity: 672
Merit: 508
LOTEO
December 05, 2014, 12:22:24 PM
#12
The bitcoin market moves like the wind: sometimes up, sometimes down, sometimes storm  Wink
sr. member
Activity: 552
Merit: 255
December 05, 2014, 12:21:07 PM
#11
Bitcoin price is stuck at 350$ it needs a breakout for new uptrend.
legendary
Activity: 3472
Merit: 10611
December 05, 2014, 12:15:34 PM
#10
Hi forumers!

Why Bitcoin price are dropping?

could we make the price rise again? how?


Sorry for my BAD English
Thanks advance
and
God Bless!!!!!
it is all about Supply and demand the more supply the lower the price and vise versa , the more the demand the higher the price
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