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Topic: Why bitcoin price is falling ? (Read 1771 times)

hero member
Activity: 714
Merit: 500
September 20, 2014, 07:45:21 AM
#23
Increased merchant adoption creates a lot of sell pressure, which pushes down the price.

The reason BTC price used to rise in the first place (in 2013 and previous years), was Mt.Gox manipulation, such as Willybot.

What we're seeing today is a small dead cat bounce, not a trend reversal. 350 will be broken soon.



Increased merchant adoption plus they pay staff salary will increase the value of BTC.

How many people in the world will be on BTC salaries over the next few years? Mmmh not many. There will be less dollars paying people in BTC than there are even whole BTC in circulation, for a very long time. But good point in the distant future this would contribute huge support
hero member
Activity: 896
Merit: 1000
September 20, 2014, 07:36:44 AM
#22
Increased merchant adoption creates a lot of sell pressure, which pushes down the price.

The reason BTC price used to rise in the first place (in 2013 and previous years), was Mt.Gox manipulation, such as Willybot.

What we're seeing today is a small dead cat bounce, not a trend reversal. 350 will be broken soon.



Increased merchant adoption plus they pay staff salary will increase the value of BTC.
hero member
Activity: 728
Merit: 500
September 20, 2014, 07:35:44 AM
#21
Increased merchant adoption creates a lot of sell pressure, which pushes down the price.

The reason BTC price used to rise in the first place (in 2013 and previous years), was Mt.Gox manipulation, such as Willybot.

What we're seeing today is a small dead cat bounce, not a trend reversal. 350 will be broken soon.



Now that bitcoin is dead what the fuck am I going to do all day?
sr. member
Activity: 476
Merit: 250
September 20, 2014, 07:32:47 AM
#20
Increased merchant adoption creates a lot of sell pressure, which pushes down the price.

The reason BTC price used to rise in the first place (in 2013 and previous years), was Mt.Gox manipulation, such as Willybot.

What we're seeing today is a small dead cat bounce, not a trend reversal. 350 will be broken soon.

legendary
Activity: 3248
Merit: 1070
September 20, 2014, 07:26:10 AM
#19
The price will never be stable. The reason why most people buy bitcoins is that they think the price will continue to go up. When it stops doing that for a while they think it will go down, so they sell. After a while most people who wanted to sell will have sold, and then there will be a new bubble. Unfortunately that can take months or even years, and in the mean time the price can fall a lot more.
Nobody will be buying back after this.

sure, tell me more about your crystal ball
hero member
Activity: 728
Merit: 500
September 20, 2014, 06:08:37 AM
#18
hero member
Activity: 896
Merit: 1000
September 20, 2014, 06:07:41 AM
#17
September/October is usually not good for investment.
full member
Activity: 145
Merit: 100
September 20, 2014, 06:06:35 AM
#16
Since people are selling more than they are buying. Millionth thread same bear and bull(shit)... simple answer is noone can predict the price and the price moves very unusually.
legendary
Activity: 1554
Merit: 1026
★Nitrogensports.eu★
September 20, 2014, 06:04:00 AM
#15
Insiders know something you don't.

Small tip: it has to do with the bitcoin protocol.

Haha, you just showed you know nothing about bitcoin and are a troll

Not with bitcoin protocol but were trading is done like stock exchange or commodity exchange feature, there is always a game plan for price fall.

Day traders must have made some money with all this volatility.
full member
Activity: 136
Merit: 100
September 20, 2014, 04:02:41 AM
#14
Insiders know something you don't.

Small tip: it has to do with the bitcoin protocol.

Haha, you just showed you know nothing about bitcoin and are a troll

Not with bitcoin protocol but were trading is done like stock exchange or commodity exchange feature, there is always a game plan for price fall.
sr. member
Activity: 266
Merit: 250
September 19, 2014, 09:27:57 AM
#13
Insiders know something you don't.

Small tip: it has to do with the bitcoin protocol.

Haha, you just showed you know nothing about bitcoin and are a troll
full member
Activity: 136
Merit: 100
September 19, 2014, 09:05:12 AM
#12
Insiders know something you don't.

Small tip: it has to do with the bitcoin protocol.

It's true. Maybe some game is going inside.
legendary
Activity: 2730
Merit: 1288
September 19, 2014, 08:10:31 AM
#11
We should all sell last week and buy now Sad
sr. member
Activity: 350
Merit: 255
September 19, 2014, 08:05:57 AM
#10
Insiders know something you don't.

Small tip: it has to do with the bitcoin protocol.
No insiders, smart people know this:
http://hackingdistributed.com/2014/06/16/how-a-mining-monopoly-can-attack-bitcoin/

Sheep choose to ignore. Oh well, your money lost not mine Smiley
newbie
Activity: 26
Merit: 0
September 19, 2014, 08:01:53 AM
#9
Insiders know something you don't.

Small tip: it has to do with the bitcoin protocol.
full member
Activity: 126
Merit: 100
September 19, 2014, 08:01:48 AM
#8
Oh no! $389.51 on coinmarketcap. That makes my prediction fail. I predicted that the bitcoin price wouldn't go much below $500, and now the price is below $400 which I had as a limit for my prediction. Angry
sr. member
Activity: 350
Merit: 255
September 19, 2014, 07:58:35 AM
#7
The price will never be stable. The reason why most people buy bitcoins is that they think the price will continue to go up. When it stops doing that for a while they think it will go down, so they sell. After a while most people who wanted to sell will have sold, and then there will be a new bubble. Unfortunately that can take months or even years, and in the mean time the price can fall a lot more.
Nobody will be buying back after this.
legendary
Activity: 1284
Merit: 1001
September 19, 2014, 07:56:50 AM
#6
The price will never be stable. The reason why most people buy bitcoins is that they think the price will continue to go up. When it stops doing that for a while they think it will go down, so they sell. After a while most people who wanted to sell will have sold, and then there will be a new bubble. Unfortunately that can take months or even years, and in the mean time the price can fall a lot more.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
September 19, 2014, 07:52:24 AM
#5
Just another stupid thread asking 'why is the price of bitcoin falling'  nobody could ever answer that.
You could ask for reasons and overpriced is one of them but there could be many more.
You have to do your own research
full member
Activity: 139
Merit: 100
September 19, 2014, 07:51:19 AM
#4
Because a few cultists are buying a couple of satoshis. The rest of the Bitcoin world is selling BTC in massive quantities.
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