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Topic: Why bitcoin price drop few hours ago? - page 3. (Read 2919 times)

hero member
Activity: 1106
Merit: 638
March 17, 2017, 12:24:56 AM
#10
Uh, I believe people are selling off their BTC to buy ETH during it's massive run up. ETH is up nearly 300% in the past MONTH.
legendary
Activity: 3472
Merit: 10611
March 16, 2017, 11:52:38 PM
#9
market makers are at it again!

they need cheap coins to make the most out of any situation and make more money. BU node bug is a total bullshit. BU is not bitcoin at the moment and that means any bug is just a bug in random code that someone made!
it am afraid it is ETF all over again, when people soon start only talking about BU and what ifs until everyone has headaches and weak hands are kicked out and then we see rise again.

this is starting to get too predictable Smiley
hero member
Activity: 770
Merit: 500
Bazinga!
March 16, 2017, 10:34:17 PM
#8
FUD and manipulation is always the cause and this time is no exception. the ETF FUD ended and it was a stupid thing and now another stupid FUD about chain splitting into two is being spread everywhere and price is taking the hit for now.

just make sure not to get caught in the middle of this like last time.
legendary
Activity: 3318
Merit: 1133
Leading Crypto Sports Betting & Casino Platform
March 16, 2017, 10:03:08 PM
#7
Here is one link to make it a little clear.
http://www.coindesk.com/bitcoin-price-support-weakens-dip-1200/
I guess some people just sold much now, I think they have their own reasons.  That is one big difference with bitcoin, with price drops like this you will have to find the reason for it. But sometimes you just cant and maybe that is because we did it and we dont want our transactions be traced right?
legendary
Activity: 966
Merit: 1042
March 16, 2017, 09:29:26 PM
#6
BU screwed up big time and people are kind of all over the place with how to feel about it. There's no hard fork coming without some logical solutions coming out. BU is over though. All of this uncertainty and doubt caused people to go to other alts or fiats.
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
March 16, 2017, 09:23:46 PM
#5
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.
legendary
Activity: 889
Merit: 1013
March 16, 2017, 06:29:10 PM
#4
Fear of hardfork fear and a little profit taking from alts which will remain nameless. That is at least why I sold some =)
hero member
Activity: 882
Merit: 506
March 16, 2017, 06:26:46 PM
#3
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.

Yeah, there have been a lot of concerns lately with bitcoin and the recent new of antpool supporting bitcoin unlimited has really stirred up the scene and it is hampering the price growth of bitcoins. This is also why all the altcoins are going up since you will see a lot of people moving out of bitcoins and into altcoins. But for sure when everything settles, all altcoin prices will go down and bitcoins will skyrocket this time.
hero member
Activity: 658
Merit: 503
Bear with me
March 16, 2017, 06:16:31 PM
#2
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.
legendary
Activity: 1638
Merit: 1046
March 16, 2017, 06:09:36 PM
#1
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?
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