Topic: why bitcoin price is decreasing? (Read 730 times)

The fluctuation is due to the confusion of traders for bitcoin due to BU, nothing else.

Though BU is a bit of threat for bitcoin, I'm not expecting that it'd continue to threat bitcoin.

It's not continuously falling buddy. It seems fluctuating always from the past two weeks. It's been dumped in the weekends and bumping again 1000$ more dollars in weekdays. Hope it should stable in the upcoming weeks.

In my view, it's the uncertainty concerning the potential split. Many people are selling to err on the side of caution.

Panic selling holders think that rejection of etf will effected bitcoin price when people around the world will buy bitcoin for sure it will become the price of bitcoin increasing again. Nope once price of bitcoin start increasing it will be rised.

I did. First i swiched all my BTC to ZEC what made me a nice profit. After that i switched my BTC to Ethereum and made a nice profit again. Today i switched it again and Ethereum felt and Bitcoin crawled up. Sometimes you win some, sometimes you lose some. I hope that bitcoin gets his shit togheter and start going up again so i dont have to use altcoins anymore.

 Until theres a Bitcoin and Bitcoin Unlimited issue, Bitcoin will continue to fall down. The best thing to do now is to save the value of Bitcoin by buying alt coins like ETH ,DASH and more.

well, it didn't meant to be an insult, i apologize if my comments seems that way.
but you have to accept that when you see someone saying "price decreased" right after it in fact has gone up 70 to 90 dollars, things are a bit weird with that kind of question!

anyways let me explain more:


fluctuation is a perfectly normal thing in any market.with bitcoin, these changes are bigger because the market is much smaller than something like gold.
in the above picture which is showing the past 2 years (the major events are visible) you can clearly see these fluctuations.
sometimes it is small like the Feb and Apr of 2015 and Sep and Nov 2016
and sometimes they are bigger like June 2016 or the recent one in Jan and early Mar of 2017.
the reason for overall rise is that bitcoin is being adopted more and more every day and it has an increasing demand while the supply is fixed, and when people buy more bitcoin price rises in long term.
in short term however, when there is a news or some lies also known as FUD, price can fall. for example the recent one cause by a split FUD. the other big drop you see around 450ish was because of a butthurd called Mark Hearn.
the sudden rises are also sometimes because of news which are exaggerated like the recent <$1300 rise because of the ETF

that is why (in my first comment) i said you should say the time frame and you should zoom out.

Well you're right there dude, the price is increasing its too obvious and just a little shake then it  will reach 1k again. So I'm confused too where do OP researched and come up this information.
Its because price decreased almost reach on the line of 800 on preev thats why  @BTCLovingDude tell you that.

What do you think about yourself? Why you are insulting me?
Bitcoin price was nearly 1,300$/BTC at the beginning of this month and it was over 1,050$/BTC a few days ago.
Although I have also noticed that bitcoin price is increasing now. I want to know that if the price cross it's highest price and it will grow up to 2,000$/BTC. You don't understand my questions clearly but are insulting me  

Bitcoin will rise again. The only thing that could cause a crash (that I can think of) is a hard fork. Otherwise the price should continue to increase over time with corrections if it goes up too fast.

That's normal, rising and falling prices triggered by the Bitcoin market, traders who sell and buy Bitcoin, so there was nothing to worry about.

No.

It's actually the other way around: Dash and Eth are rising because of the insecurities related to the Bitcoin hard fork. They're used as a "hedge". In ancient times (2013) LTC used to be that "hedge token", now it's ETH and Dash, although I am pretty sure that Dash has already seen its high.


In the very short term, $1000 must be crossed again and the sharp downtrend of the last weeks would have been broken. In Bitcoinwisdom, the critical point at this very moment is exactly $999

In the mid- to long-term, all depends on how does the Bitcoin community resolve the "scalability debate". Actually the fork risk is a little bit lower again and Segwit adoption is rising, so I'm a bit more optimistic than three days ago.

It has been nothing new and special. If you look closely, each time the price went sub $1000, the demand made sure the price would climb back up to above the $1000 mark. Same is happening right now.

There is absolutely no need for panic or negative sentiment as we are still on the exact same long term line as we were before the price came down. Have patience and look at the larger picture instead of being so short term minded.

Actually if you notice ,the price has increased from the dip and now the price has reached $980 and it is a matter of time that the price would cross the thousand dollar mark once again but to say that we have to see some settlement with the talk of increasing the block size and if everything is done smoothly then we would see another bull run.

let me help you out a little here:
http://dictionary.cambridge.org/dictionary/english/decrease
https://learnenglish.britishcouncil.org/en/english-grammar/verbs/present-tense
www.basic-mathematics.com/

bitcoin price: https://bitcoinwisdom.com/markets/bitfinex/btcusd

when price goes from $900 to $974 in less than 24 hours it means price is increasing not decreasing. i don't know from where you are taking the price but it is giving you wrong information. go to bitcoinwisdom and click on any interval below 1 hour and see the rise.
that is for short term.

if you are looking at a longer period such as past couple of days, then zoom out more and see the past months instead and come back here to continue discusson about price and whether it is decreasing or increasing.

and if you have any other question, first clarify which time-frame you have in mind then ask your question with more details.

EDIT:
here is another help if you are lazy

I am not sure but I think the decrease in the price of the bitcoin is only ly due to the DASH and the ETH Because with the rapidly increase in the price of these two altcoins the people attracted toward these two altcoins and after sell the bitcoin invested their money in the ETH and DASH that made the unlimited available amount of bitcoin in the market of internet .
Second thing that may be the possible reason is the unlimited of bitcoin Mining ( which is controlled but mining of two types, I don't know much about this hope anyone can explain us for such thing in better way ,I am waiting ) to make the bitcoin as better service for the bitcoiners .
Edited:
https://bitcointalk.org/index.php?topic=1840367.0;topicseen
Here I posted the link that may be a big reason to the drop in the price ( it is actually the same topic for which I was waiting )

With all do respect there are about 10 topics already on this subject, get a cup of tea or coffee find a quiet place and read up, lot of good info here!

Why bitcoin price decreasing quickly? Is there any possibility of increasing bitcoin price?
Will bitcoin cross it's highest price or it will down more?