I hope it drops a bit more. Willing to invest, but I'd prefer a lower price when I buy 
Don't think it will drop again.
Topic: Why bitcoin price dropped ? (Read 5338 times)
Don't think it will drop again.
It's not dropped for first time. We seen several times it's dropped and rise again. People making money from this movement.
Bitcoin price dropped because new mining devices rapped it.
Thread owner is inactive for long time. So, why people posting here?
People discussing about the thread not with the thread owner. There are many members watching this thread.
Thread owner is inactive for long time. So, why people posting here?
I hope it drops a bit more. Willing to invest, but I'd prefer a lower price when I buy
Bitcoin price dropped for easy mining with new devices. The difficulty always control the price of Bitcoin.
Bitcoin price dropped for me. lol
Yes I bought few coins at $80.
Yes I bought few coins at $80.
Bitcoin price always good. Within few months we got many new mining devices and mined lot of coins. To get huge profit we started selling our newly mined coins, everyone did it and price goes down and down.
Because loose trust on this coin and started selling.
I think it is because there were more sellers than buyers
Your answer is 100% right. People loose trust on btc and started selling. That's why btc price dropped.
its on the rise now...
Bitcoin price dropped because of lot of new miners. Within few week there are many mining devices released and bitcoin mining was more profitable with these new mining devices. So, people sold their bitcoin to get into cash.
It could be for a multitude of reasons. The price fluctuates constantly
1BTC125 CDN on caVirtex
It fluctuate like any other currency (stock) as people loose or gain interest or trust)
Bitcoin price never dropped. It was unstable at $200+. Now it is stable and good. I always want bitcoin price stay stable.
I think it is because there were more sellers than buyers
I think that is the answer. Why the sellers sell and why the buyers buy, that is the real question.
Actually every think depending on the news about bitcoin. When people think the price will go down they sell it and price goes down, when people think it will go up they buy it and goes up.
Everyday bitcoin price changing, I don't think there is any specific reason for dropping BTC.
As soon as ASICs miner released BTC price dropped for huge sellers. Everyone started mining BTC and sold to get quick cash.
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