Topic: Why bitcoin price drop few hours ago? - page 2. (Read 2919 times)
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.
Seriously think if we priced in mBTC this swing would mean nothing and also we'd probably be way higher in market cap overall. People just think the price is high when we price in whole bitcoins.
If you use Bitcoin you'd notice the difference on the bills. Add all the sums of your Bitcoin-paid bills and you'd see there are going to be a few dozens or cents or maybe bucks in difference. If your local currency would fall in price a lot, you'd notice higher prices. Why pay them?
Every penny matters.
I like to think that it is just a needed correction, we made new ATH so its time to correct. It will be also an oportunity for holding fiat to jump in.
Seriously think if we priced in mBTC this swing would mean nothing and also we'd probably be way higher in market cap overall. People just think the price is high when we price in whole bitcoins.
It looks like we are going to hve some more decline guys. Welcome to triple digits again soon. 
I thought we were already used to the price falling for some time. There have been many similar situations in the past, so it's not something new. I don't think the price would go down more than to $950. There is manipulation, speculation, the ETF and people trading their profit for fiat. After such a rise, of course investors and traders will change their profit into money to spend it, because that's why you make money out of holding & trading. The price is manipulated either by scams, fake news and similar stuff or by actual news about cryptocurrencies such as Dash possibly overtaking Bitcoin or so.
Get used to them. The price will have decreases but will always increase with more than there has been lost.
It looks like we are going to hve some more decline guys. Welcome to triple digits again soon.
It's too soon to come to that conclusion. I am fairly sure that the $1000 level will hold and turn out to be the bottom in case it happens to drop further from current ~$1100 levels. But even if it does, it will give people a much waited for opportunity to (once again) buy themselves some cheap coins. It's pointless to always look at the negative aspects. Sell the peaks, and buy the dumps!
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.
It looks like we are going to hve some more decline guys. Welcome to triple digits again soon.
I think there were more people doing dumping and panic selling of their holdings, but its a good opportunity to buy now because bitcoin will rise again after few hours next day. You should not be discourage if this will happen to the price of bitcoin because opportunity comes after a sudden fall and we should always take note of that.
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.
This has nothing to do with ETF. This is just a mix of BU, FUD and the European Union that has said that crypto cant be anonymous.
It's mostly due to FUD. The EU and it's ridiculous decision is not from any relevance imo.
If that would have been the case Alts like Dash and Monero should have plunged as these are real anocoins.
No it's pure FUD from Bitcoin Judas and his minions, shills and altcoin pumpers.
There is no clear even which indicates reason for this small drop. It is, however, the biggest price drop since ETF decline, yet I doubt it had anything to do with ETF.
I've seen the news that Canada and India are issuing warnings on bitcoin Ponzi schemes, nothing but usual FUD about danger of cryptocurrency etc.
We also have further discussion about scaling problem, this time with UASF in play.
I've seen the news that Canada and India are issuing warnings on bitcoin Ponzi schemes, nothing but usual FUD about danger of cryptocurrency etc.
We also have further discussion about scaling problem, this time with UASF in play.
opportunity!
- opportunity to buy cheap coins.
- opportunity to pump the two biggest altcoins even more
- opportunity to sell your altcoins at higher prices when it went up higher.
- opportunity to generally make much more profit.
it starts with FUD about any topic (this time it was BU, last time it was ETF, before than something else) and then everyone jump in to take advantage of the opportunity then when it is late and price is low panic sellers start dumping.
in the end everything will be back to normal again and after some time rinse and repeat.
- opportunity to buy cheap coins.
- opportunity to pump the two biggest altcoins even more
- opportunity to sell your altcoins at higher prices when it went up higher.
- opportunity to generally make much more profit.
it starts with FUD about any topic (this time it was BU, last time it was ETF, before than something else) and then everyone jump in to take advantage of the opportunity then when it is late and price is low panic sellers start dumping.
in the end everything will be back to normal again and after some time rinse and repeat.
This has nothing to do with ETF. This is just a mix of BU, FUD and the European Union that has said that crypto cant be anonymous.
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it might be justa small correction, or a delayed effect from the EFT, which was strange to not cause any panic dump
this. I was surprised by the strong retrace too
Do not be too concerned about the short term fluctuation in the Bitcoin price. We have a group of whales with a lot of financial power to cause a lot of volatility, when they want to make some profits. Bitcoin is also very susceptible to FUD and shilling going on in this scene.
One thing I do know is Bitcoin seem to be bouncing back after every dip in the price. Speculators just love this volatility, because the day traders profit from this. ^hmmmmm^
One thing I do know is Bitcoin seem to be bouncing back after every dip in the price. Speculators just love this volatility, because the day traders profit from this. ^hmmmmm^
Because a lot of the people just their hand on his ears, because too many the FUD for the bitcoin in this day and i think it will recover again into the previous value. This just a short dip and i think we will back again and no doubt about that. I believe bitcoin is really strong.
That selling was probably based on a misinterpretation of the scaling debate and the false claim of an impending hard fork.
There is a lot of manipulation going on. Be wary not to sell at the bottom.
There is a lot of manipulation going on. Be wary not to sell at the bottom.
wasn't this already prevented with the news about the bug of bitcoin unlimited? with that bug the consensus should not increase for bu and therefore the chance would be almost non-existing for it to happen
it might be justa small correction, or a delayed effect from the EFT, which was strange to not cause any panic dump
As usual nothing out of the norm, bitcoin has been like this ever since 2013 and you shouldn't be surprised if you see price dropping under $1000 as well because 2 months ago it was below $1000 and difficulty didn't increase significantly.
I think is no big news and problem about bitcoin price is down
only corection price and bitcoin price is comodities can trade, so fluatuative price down or incraese is reasonable
but news in today only node bitcoin unlimited is crash
only corection price and bitcoin price is comodities can trade, so fluatuative price down or incraese is reasonable
but news in today only node bitcoin unlimited is crash
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