Why bitcoin price drop few hours ago?

xIIImaL

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Quote from: iqlimasyadiqa on March 18, 2017, 05:46:33 AM

the current price of bitcoin is very easy to change. Now a lot of news that could affect the market bitcoin.
I was quite worried because it occurs sizable decline from the previous price.

Price fluctuation is normal in the bitcoin price chart. We usually see big fluctuation always but from last 3 months price is moving up only. Hope it would it move again to peak. Patience is needed for btc price bump.

Seansky

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Quote from: iqlimasyadiqa on March 18, 2017, 05:46:33 AM

the current price of bitcoin is very easy to change. Now a lot of news that could affect the market bitcoin.
I was quite worried because it occurs sizable decline from the previous price.

Dont worry man since bitcoin proved that even if it falls it can rise up again although it might be long but slowly but surely it will reach another price peak. It was proven by the history of bitcoin from 2013 dump and now we are back at price ranges 1000$ to near 1300$ this month so why hesitate? Also many devastating news have come recently against bitcoin and it hasn't even gone back to 3 digit prices so trust it and dont worry. Just think of the drop as an ordinary day in the crypto-world because changes in price really is inevitable.

iqlimasyadiqa

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the current price of bitcoin is very easy to change. Now a lot of news that could affect the market bitcoin.
I was quite worried because it occurs sizable decline from the previous price.

hase0278

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It is kinda normal for price to drop for bitcoin since it is unpredictable at times. It might be probably caused by manipulation or whales dumping that caused weak hands to dump too resulting in lower price. It would be up soon though don't worry let's just wait a little while and we will see bitcoin again back to the price levels 1200$+ or more. If that happens though I think another drop will be seen.

Clement Kaliyar

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Quote from: jamieb81 on March 17, 2017, 11:39:22 AM

Quote from: york780 on March 17, 2017, 04:14:08 AM

It looks like we are going to hve some more decline guys. Welcome to triple digits again soon. Undecided

No way mate i don't think we will ever go back to that triple digit again now the new lowest mark has been set as $1000 but there are mopre chances of price rise so believe in bitcoin but do your own research.

You really cannot conclude that the price wont go down because the recent price slide is simple because of the uncertainty regarding forking and so is the reason people are investing in altcoins at the moment and so is the reason the price went down for bitcoin and if you look at the charts the etherum bitcoin volume has increased in the past few days.

richardsNY

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Quote from: jamieb81 on March 17, 2017, 11:39:22 AM

Quote from: york780 on March 17, 2017, 04:14:08 AM

It looks like we are going to hve some more decline guys. Welcome to triple digits again soon. Undecided

No way mate i don't think we will ever go back to that triple digit again now the new lowest mark has been set as $1000 but there are mopre chances of price rise so believe in bitcoin but do your own research.

Don't write off triple digit prices already. It's not like there is a gap of $500-$600 between current price levels and triple digit levels. If that was the case, then you could have somewhat of a point, but not in this case. There are too many uncertainties that may have a significant impact on the price sooner or later. That's why I have enough fiat left to buy all the way down in case the price tanks heavily.

sorehammer

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Quote from: qiwoman on March 17, 2017, 12:54:07 PM

Quote from: sandor111 on March 17, 2017, 12:05:57 PM

Quote from: Kotone on March 17, 2017, 04:19:20 AM

There are plenty holders who sold their coins that why the price of bitcoin down price fall that fast but do not worry it is a part of bitcoin there will be dump happen but im sure by the end of the month bitcoin price will rise again.

Yes even i feel the same these price dump is just temporarily as we have seen many of this kind of price dumps in the past but at the end bitcoin will regain its value with a price pump just like how it happened last year.

Indeed the price dump will not make much damage to the value of bitcoin because once the value of bitcoin stats to increase it will be much more than the price dump it's just like stepping few steps backwards only to run and jump more further ia m sure by the end of this month we will see a new level of price increase and that's for sure.

No one can predict where bitcoin will land in coming days and even if price goes down there is nothing to worry as price will rise again in long run so its better to hold our coins and do not sell if we see price going down as everyone is expecting to see higher price in coming months.

qiwoman

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Quote from: sandor111 on March 17, 2017, 12:05:57 PM

Quote from: Kotone on March 17, 2017, 04:19:20 AM

There are plenty holders who sold their coins that why the price of bitcoin down price fall that fast but do not worry it is a part of bitcoin there will be dump happen but im sure by the end of the month bitcoin price will rise again.

Yes even i feel the same these price dump is just temporarily as we have seen many of this kind of price dumps in the past but at the end bitcoin will regain its value with a price pump just like how it happened last year.

Indeed the price dump will not make much damage to the value of bitcoin because once the value of bitcoin stats to increase it will be much more than the price dump it's just like stepping few steps backwards only to run and jump more further ia m sure by the end of this month we will see a new level of price increase and that's for sure.

sandor111

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Quote from: Kotone on March 17, 2017, 04:19:20 AM

There are plenty holders who sold their coins that why the price of bitcoin down price fall that fast but do not worry it is a part of bitcoin there will be dump happen but im sure by the end of the month bitcoin price will rise again.

Yes even i feel the same these price dump is just temporarily as we have seen many of this kind of price dumps in the past but at the end bitcoin will regain its value with a price pump just like how it happened last year.

jamieb81

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Quote from: york780 on March 17, 2017, 04:14:08 AM

It looks like we are going to hve some more decline guys. Welcome to triple digits again soon. Undecided

No way mate i don't think we will ever go back to that triple digit again now the new lowest mark has been set as $1000 but there are mopre chances of price rise so believe in bitcoin but do your own research.

Bitcoin0916

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Quote from: JL421 on March 17, 2017, 08:11:07 AM

I think it's just normal maybe it can be a coincidence that many people sold there bitcoins on the same time and another reason can be as the price was 1250 buying would be less so because of that difference the drop in price could have been caused. I don't think we should worry about it.

When speculators feel already got profit, no doubt they will sell all of the bitcoin. I think this is normal, sometimes I also do so that benefit. I agree that we should not panic, because the price would certainly rise again.

Yamato Tatsuki

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There are lots of ETH movements. It seems like most bitcoins were converted to ETH that's why BTC price fell... I am not 100% about this but that is just my observation during my trade.

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Quote from: spiderbrain on March 16, 2017, 06:29:10 PM

Fear of hardfork fear and a little profit taking from alts which will remain nameless. That is at least why I sold some =)

Yeah that's one of the major reason why many people sold, plus the price was quite high in last week i suppose it was the higgest we have reached.

JL421

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I think it's just normal maybe it can be a coincidence that many people sold there bitcoins on the same time and another reason can be as the price was 1250 buying would be less so because of that difference the drop in price could have been caused. I don't think we should worry about it.

JariKriting

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Quote from: york780 on March 17, 2017, 03:45:08 AM

I am sad that i bought at 1140 EUR because i taught it was the FUD bottom. But 990 EUR was lol. Now i must waight for 2 weeks untill i got some fait money again.

if you trade use euro curency, and now bitcoin price is down
you can use bitcoin to margin trading or lending in bitfinex or kraken
but you want cut lost you can selling youre bitcoin

maydna

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in my opinion, bitcoin price is drop few hours ago is because there is many investor that come into the market and they buy a lot of bitcoin with their money but after that we can see that the price is trying to get back to the price before. i think its still normal and we can see this thing again in future and even we can see that maybe in future, the price is going to be down and up more often as bitcoin now is become more popular which many people is interesting with bitcoin and they trying to buy bitcoin too like us. maybe after this, we can see that the price will reach a new floor for a while and then the price will be jump to other price.

btvGainer

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Quote from: crairezx20 on March 16, 2017, 06:09:36 PM

Hi guys what is honestly the reason why the price was drop few hours ago.. ?
I don't seen any news why the price was drop except for this news http://www.businessinsider.com/bitcoin-price-charts-show-trouble-ahead-2017-3

What do you think the cause why price was drop few hours ago?

Unlike commodities price or other currency prices, you can never predict the fall or rise of bitcoin price and the reason behind them.
After ETF failure, many people were expecting a sudden crash of bitcoin price but luckily that didn't happen.

Taki

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Quote from: n0ne on March 16, 2017, 09:23:46 PM

This might be the regular fall in price to get a stability or due to the impact created by ongoing debate in which each gains strength for a short time without a finalized decision. Can be used as the time to profit as price increase could take place depending upon the decision.

The word "stability" doesn't suit to bitcoin. It's bitcoin's nature to be not stable and go up and down. So, I am not oven surprised and I think you shouldn't to worry, cause of the price is going to back on it's previous the highest point 1300+$ and will continue to rise.

Yaunfitda

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Quote from: spiderbrain on March 16, 2017, 06:29:10 PM

Fear of hardfork fear and a little profit taking from alts which will remain nameless. That is at least why I sold some =)

Did you use the proceeds to buy some altcoins? The ETH is rising fast.

Babayega31

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Quote from: JANGKRIK BOSS on March 17, 2017, 05:00:30 AM

I think it's a reasonable thing, everyone knows that bitcoin is the best options trading so that many of them are doing the speculation with the purpose of profit. I sure prices will rise again a week ago.

That's sure price will have to climb up higher again and those reasons of price droppings a fews hours ago, It's not a new situation that happened. Price fluctuations normally happens in digital currency because supply and demand will affect the market of bitcoin, and that lower price movement really showed us how effective bitcoin is and it gives an opportunity to other to buy and hold for the future investment.

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