Why Btc price fall? | Bitcointalksearch.org

Ruzka

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Quote from: takingthis4 on December 27, 2015, 01:50:24 PM

its not falling in my opinion those are just small fluctuations

That was a fall by any standards. $40 within a few hours.
There can be many reasons but the most likely is someone who helped the price along last few weeks wanted to cashout more than people wanted to buy which obviously gave us the drop. It has gone kind of steady at $420's but guess we'll see what its to be.

btcxyzzz

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No one here mentions Blockstream and Lightning network???!!! That's the reason.

takingthis4

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its not falling in my opinion those are just small fluctuations

HarryKPeters

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Quote from: makingwin1 on December 27, 2015, 10:52:08 AM

because people are making dollars out of bitcoins in order to get money to buy presents

I don't think people will buy christmas presents with bitcoin on the second day of christmas. They would never have their presents in house :S
Buying presents of NYE could be, but i think the real reason was some big whales selling their coins.

richardsNY

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Quote from: makingwin1 on December 27, 2015, 10:52:08 AM

because people are making dollars out of bitcoins in order to get money to buy presents

Did you see how much the price went down? Can't be due to people who are buying Christmas gifts. What gifts are they giving, cars? It's simply manipulation by wealthy traders. Not because people are selling to buy stuff.

makingwin1

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because people are making dollars out of bitcoins in order to get money to buy presents

Wei H

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It's about 3M? The 3M crash causes a lot of selling orders on the market to withdraw from the mess.

n691309

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Bitcoin is designed to have a different value during the time, but for now i think people are in holidays and don't have much time to spent time in bitcoin.

quadriple7

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i think that the main thing that happened for such a price drop was the fact that people sold a lot of bitcoins as they needed money for their shoppings before or on christmas i think it wont last long and it will go back really fast lets hope this will happen

avw1982

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Quote from: lumeire on December 27, 2015, 03:12:23 AM

Quote from: avw1982 on December 27, 2015, 02:44:23 AM

Quote from: talks_cheep on December 26, 2015, 11:49:21 AM

We are going to see 300-400 before the end of 2015. We are also going to revisit 150 in January 2016. Good news comes in late Feb, early March.

Don’t know How much your prediction will work in upcoming days But Price is continuesly going down. Yesterday itself It falls more than 20$ for 1 bitcoin. As you said bitcoin rate will go back to 300$ to 400$ again. Will hope and the chart. Sad

Too bad but I think it's gonna go that way too. The price is playing around $410 to $430 as of the moment and looking at the markets it's not gonna rise up soon.

I read in article as bitcoin is falling is not that much affect the upcoming year. Due to festival time people exchanging bitcoin lot after the first week January we can see a good value for bitcoin I think. If its go that’s even good for me too dude.

Gloober

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Because it's the holidays and people like to spend fiat on their family. It's the holiday season so I'm not surprised at all to see the price drop.
I believe the price will go up as soon as it went down though.

bhokor

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In my opinion whales want to go alone up, they do some big sells to frighten small fish and go up alone, remember profits of some are the losses of many

Emersonnets

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Quote from: Jeremycoin on December 26, 2015, 07:08:01 AM

Yesterday is Christmas, and 4 days ahead is New Year. People need money, so they sell their Bitcoin. Which makes the price going down, that's why you have to HODL Cheesy

Exactly this. If you're not going to use bitcoin for now, best thing to do is to just hold.
Eventually bitcoin will rise up again sooner or later. You should especially hold if you are going to be invested into bitcoin for a long time.

Jonivdb

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The bigger buyers pumped it. Smaller buyers thought it was going to keep rising and jumped on the bandwagon. Now the bigger buyers are dumping and took their profit. Profit that comes from you buying.
Now it will fall again and it wont stop falling for 10 months or so.

langedwig

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Quote from: 1Referee on December 27, 2015, 06:06:54 AM

Quote from: Taratoor on December 27, 2015, 04:25:15 AM

this falling is a buy opportunity? i want to buy some but i dont know how btc effect after christmas. keep going down?

No one here can tell you what will happen. It looks like a good opportunity to buy yourself some extra coins before it goes up again. It might go down, yes, but I don't expect a price below $400.

I expect that it will go below 375$ but not below 350$
Let us see the price after halving

1Referee

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Quote from: Taratoor on December 27, 2015, 04:25:15 AM

this falling is a buy opportunity? i want to buy some but i dont know how btc effect after christmas. keep going down?

No one here can tell you what will happen. It looks like a good opportunity to buy yourself some extra coins before it goes up again. It might go down, yes, but I don't expect a price below $400.

Taratoor

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this falling is a buy opportunity? i want to buy some but i dont know how btc effect after christmas. keep going down?

angaper

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I personally think that the current price has the sufficient room to drop to the $400 level, and even $350, but no lower. Then it will continue growing up to $450-500 range, keeping this range for several weeks or even months before the next pump to the $800 level.

Cashew

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Quote from: BitcoinMarketStore on December 26, 2015, 07:01:35 AM

Why price continue to go down? There are some notice ? It has lost any technical support? What happen? I'm not have idea about! Someone could explain the situation?

I think the Chinese market is again driving prices low Undecided

QuintLeo

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Quote from: BitcoinMarketStore on December 26, 2015, 07:01:35 AM

Why price continue to go down? There are some notice ? It has lost any technical support? What happen? I'm not have idea about! Someone could explain the situation?

Because there was never any REAL support at the $400+ level, just a short-term bump due to the Chineese exchanges suddenly being able to take Fiat currency again and a massive influx of "new money" as a result.

I'm more than a little supprised the price is still as HIGH as it is.

I still expect to see $300 again sometime, though I'm starting to wonder if it'll take 2-3 more months.

Topic: Why Btc price fall? (Read 3104 times)