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Topic: why bitcoin price have fallen today? - page 3. (Read 1551 times)

full member
Activity: 420
Merit: 100
November 12, 2017, 02:48:16 AM
#13
know someone what happened?  Huh Huh Huh
because of segwit fork and some of the investor sell their bitcoin to buy bitcoin cash. but i think bitcoin price will comeback next week they cant kill the bitcoin.
newbie
Activity: 39
Merit: 0
November 12, 2017, 02:44:56 AM
#12
The plan goes like this: 
Chinese miners (f2pool, antpool etc etc) have organised with major exchanges (via/huobi/okcoin etc) to support and launch bitcoin cash. 
Initially they will let everyone who wants to sell, sell.     
Once the coin has bottomed out, and everyone who wanted to sell has sold, they [chinese miners/jihad/chinese exchanges] will begin accumulating lots and lots of bitcoin cash.   
They will then begin to pump the price  to around 0.1 BCC/BTC - 10% 
The big pools won't mine it ~ they will let the smaller pools see the returns from mining this expensive, but low difficulty coin and start mining it. 
Later, the larger pools will join, and as we know, jihad has ALOT of hashing power, their plan is for bitcoin cash to have more hashing power than bitcoin ~ and lets be honest, once t he chinese move over, that is pretty much it. 
Around this time, the 'hard fork' section of segwit 2x is not going to happen ~ it never was - Bitcoin cash will then be seen as the original NYA coin.. 
At that point in time, Bitcoin cash will be on all major chinese exchanges, possibly some western exchanges aswell, and have majority hashing power. Western companies & other merchant providers (BitPay - @Spair) etc - paid off by bitmain etc will go along with the new bitcoin cash narrative and will push for the 'bitcoin cash' to be called 'bitcoin' on all their platforms, leaving only coinbase et all which will then be the odd ones out.. 
   
Now comes the scary part, The old bitcoin, the bitcoin we know and love, is going to get DESTROYED. 
What determines a coins success ? It's market cap.   
Big old school blockers and miners are going to dump bitcoin back to the bottom, they will take literally billions and billions of dollars out of bitcoin. They will use the money to fund the marketing, and development, or 'bitcoin cash' - Think, Bitcoin core - FIRED.  Think - forbes article, "why bitcoin miners and companies are moving to bitcoin cash" - think - "Why the market is chosing bitcoin cash as bitcoin not bitcoin core"  - They wil lsay the market has spoken, that people have voted with their money.   
   
Right now, massive huge shorts are being built, already on finex, shorts are at 32k - not seen since $200 these kinds of numbers of shorts, and its climbing, all the t ime, consistently, they have ALOT of coins to short.   
     
full member
Activity: 168
Merit: 100
November 12, 2017, 02:36:27 AM
#11
today i have witnessed bitcoin drop drastically in few hours, to 5700$ but bitcoin cash is rising  extremely fast, 135% compared to yesterday. i know bitcoin will drop because the canellation of segwit2x but i have never thought bitcoin can drop too much like this, so i am little bit worry about bitcoin price today.

monitoring the bitcoin price as of the moment i got worried as well but checking that it was due to segwit2x at least calmed my mind. Afterall after checking that it drop down its price i cashed in immediately and take this opportunity to buy more bitcoins. Dont fret this is a good thing especially to those who are starters and wanted to buy more.
full member
Activity: 225
Merit: 107
November 12, 2017, 02:35:29 AM
#10
Not everyday bitcoin will go high have a patience bro
newbie
Activity: 39
Merit: 0
November 12, 2017, 02:35:14 AM
#9
know someone what happened?  Huh Huh Huh

Conspiracy

Miners and traitor want to kill BTC.
but they cant:)

https://pastebin.com/n0aGBMQr
full member
Activity: 264
Merit: 102
November 12, 2017, 02:31:59 AM
#8
I saw some post here in the forum last week that the value of bitcoin will be corrected and it will increase again before this year ends, i don't know if that's true or not.
full member
Activity: 560
Merit: 102
BBOD - The Best Crypto Derivatives Exchange
November 12, 2017, 02:27:56 AM
#7
today i have witnessed bitcoin drop drastically in few hours, to 5700$ but bitcoin cash is rising  extremely fast, 135% compared to yesterday. i know bitcoin will drop because the canellation of segwit2x but i have never thought bitcoin can drop too much like this, so i am little bit worry about bitcoin price today.
MRY
full member
Activity: 560
Merit: 109
November 12, 2017, 02:22:15 AM
#6
know someone what happened?  Huh Huh Huh

the bitcoin price dropped may be due to the canceled segwit2x so that many sell bitcoin and switch to another coin
full member
Activity: 546
Merit: 101
★Bitvest.io★ Play Plinko or Invest!
November 12, 2017, 01:55:06 AM
#5
The current downturn also makes me uncomfortable to look at it and a little worried about whether bitcoin will keep moving down till below $5k. This probably more people are selling bitcoin and moving on altcoins to investing. And now there seems to be other support for altcoins like on bitcoin cash. Whether it's more people who really investing in it or there is a specific purpose
hero member
Activity: 1834
Merit: 759
November 12, 2017, 01:27:07 AM
#4
There are two possible reasons in my opinion:

First, Segwit2x was cancelled, so people who bought Bitcoin for the airdrop is selling back. This also typically happens after forks.

Second, there are a lot of propaganda spreading around saying Bitcoin Cash is the true Bitcoin. Segwit2x backers who pulled their support at the last minute gave their support to Bitcoin Cash instead, creating unnecessary uncertainty.

Don't worry about it though. It will recover just as it always does. For now, you can buy the dip.
member
Activity: 167
Merit: 10
Vietnamese Translator - Bounty manager
November 12, 2017, 01:25:31 AM
#3
know someone what happened?  Huh Huh Huh
Unfortunately, it is indeed falling at this moment and that is probably caused by the cancellation of the segwit2x that was supposed to happen th month. But we should not be worried about it but rather take advantage of the backdrop and invest to Bitcoin. It woll eventually increase just like what usually happens whenever its market value is falling.
I've invested all of my last money to BTC at the price $5650, but btc still falling down and scaring me a little. I'm still put my faith in it and hope the situation would more bright in some next day. What do you think ? can you give me an advice or maybe just your analysis?
full member
Activity: 429
Merit: 100
November 12, 2017, 01:17:03 AM
#2
know someone what happened?  Huh Huh Huh
Unfortunately, it is indeed falling at this moment and that is probably caused by the cancellation of the segwit2x that was supposed to happen th month. But we should not be worried about it but rather take advantage of the backdrop and invest to Bitcoin. It woll eventually increase just like what usually happens whenever its market value is falling.
newbie
Activity: 24
Merit: 0
November 12, 2017, 01:13:21 AM
#1
know someone what happened?  Huh Huh Huh
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