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Topic: Why is the price dropping? - page 7. (Read 7937 times)

legendary
Activity: 2646
Merit: 1106
DGbet.fun - Crypto Sportsbook
April 09, 2016, 04:04:21 AM
#66
Price may become more volatile during or after halving. I was expecting price to fluctuate before 2 3 months of halving but it isn't doing so. I am also quite suprised about why price is still stable.
Price starts increasing few days before halving or may be sometimes it fluctuates and goes to high value only at the time of halving.
legendary
Activity: 2170
Merit: 1427
April 09, 2016, 02:40:27 AM
#65
Price may become more volatile during or after halving. I was expecting price to fluctuate before 2 3 months of halving but it isn't doing so. I am also quite suprised about why price is still stable.

Right now we are still more than 3 months away from the halving. I expect the volatility to start taking off once we are just a few weeks away from the block halving this year.
legendary
Activity: 1120
Merit: 1008
CryptoTalk.Org - Get Paid for every Post!
April 09, 2016, 01:51:55 AM
#64
Price may become more volatile during or after halving. I was expecting price to fluctuate before 2 3 months of halving but it isn't doing so. I am also quite suprised about why price is still stable.
hero member
Activity: 2310
Merit: 532
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
April 09, 2016, 01:17:56 AM
#63
Price continues to grow, just for few weeks the price has been stagnant. This could continue to increase within weeks or at the time of halving.
legendary
Activity: 1036
Merit: 1000
April 08, 2016, 04:52:55 PM
#62
This thread was made during the hearn drama and cryptsy that makes the price drop, those two events also are the reason why the price dropped to up to $360+ that month.. But as we see it now, it bounced back after 2 months, and now moving only at around $400... So I guess the effect of those two are almost gone now...

I dont see why people get involved with alt coins when a major alt exchange is been displaced. After seeing that kind of experience, would forever get me out of the whole alt coin scene.

When MtGox went belly-up, I had the same reaction, "Why do people get involved with BITCOINS when the major bitcoin exchange goes bankcrupt?" It's a good thing it did not forever get me out of the whole BITCOIN scene.
full member
Activity: 126
Merit: 100
April 08, 2016, 04:50:53 PM
#61
...
I dont see why people get involved with alt coins when a major alt exchange is been displaced. After seeing that kind of experience, would forever get me out of the whole alt coin scene.

'coz you weren't around for Goxxening 1.0 Smiley
sr. member
Activity: 252
Merit: 250
April 08, 2016, 04:31:27 PM
#60
This thread was made during the hearn drama and cryptsy that makes the price drop, those two events also are the reason why the price dropped to up to $360+ that month.. But as we see it now, it bounced back after 2 months, and now moving only at around $400... So I guess the effect of those two are almost gone now...

I dont see why people get involved with alt coins when a major alt exchange is been displaced. After seeing that kind of experience, would forever get me out of the whole alt coin scene.
legendary
Activity: 1232
Merit: 1091
April 08, 2016, 03:51:14 PM
#59
I guess because so many people are selling bitcoin they have a low price, thus making the price of bitcoin very quickly down to a low price, and I hope halted at this time it will not happen

Now people are selling their bitcoin just because they have not experienced a good increase in price in the recent days. Only bitcoin had given small fluctuations with small increase and needs to wait long to get good profit.

They are just panicking with the current situation,well its a good buy now if the price is dropping low so that we can gain more profit after a week or month.

And is the price dropping?

At present, or for the last 3 months, the price is not dropping. It is quite stable between $360 to $460.

The $400 price level has been holding its position strongly lately. I think it's mainly the block halving that makes people hope for a rising price, and that may be the reason it didn't go below $400 again so far. I hope we'll have this same sort of stability when we are above the $500 price level. That would be great!
full member
Activity: 188
Merit: 100
April 08, 2016, 02:18:28 PM
#58
I guess because so many people are selling bitcoin they have a low price, thus making the price of bitcoin very quickly down to a low price, and I hope halted at this time it will not happen

Now people are selling their bitcoin just because they have not experienced a good increase in price in the recent days. Only bitcoin had given small fluctuations with small increase and needs to wait long to get good profit.

They are just panicking with the current situation,well its a good buy now if the price is dropping low so that we can gain more profit after a week or month.

And is the price dropping?

At present, or for the last 3 months, the price is not dropping. It is quite stable between $360 to $460.
legendary
Activity: 1204
Merit: 1028
April 02, 2016, 02:59:22 PM
#57
I guess because so many people are selling bitcoin they have a low price, thus making the price of bitcoin very quickly down to a low price, and I hope halted at this time it will not happen


People are dumping so that they can buy more bitcoin but you will see in the coming months bitcoin prices will be high.
Your thought is correct, there are big whale in the world of bitcoin who whenever decide can easily change the tragedy by throwing a pile in the market, they sell not a big amount they have but only low down the price and then buy more than they sold.
hero member
Activity: 644
Merit: 503
April 02, 2016, 06:06:40 AM
#56
I guess because so many people are selling bitcoin they have a low price, thus making the price of bitcoin very quickly down to a low price, and I hope halted at this time it will not happen

Now people are selling their bitcoin just because they have not experienced a good increase in price in the recent days. Only bitcoin had given small fluctuations with small increase and needs to wait long to get good profit.

They are just panicking with the current situation,well its a good buy now if the price is dropping low so that we can gain more profit after a week or month.

And is the price dropping?
full member
Activity: 168
Merit: 100
April 02, 2016, 05:45:47 AM
#55
I guess because so many people are selling bitcoin they have a low price, thus making the price of bitcoin very quickly down to a low price, and I hope halted at this time it will not happen

Now people are selling their bitcoin just because they have not experienced a good increase in price in the recent days. Only bitcoin had given small fluctuations with small increase and needs to wait long to get good profit.

They are just panicking with the current situation,well its a good buy now if the price is dropping low so that we can gain more profit after a week or month.
legendary
Activity: 3234
Merit: 1214
Vave.com - Crypto Casino
April 02, 2016, 05:21:51 AM
#54
I guess because so many people are selling bitcoin they have a low price, thus making the price of bitcoin very quickly down to a low price, and I hope halted at this time it will not happen

Now people are selling their bitcoin just because they have not experienced a good increase in price in the recent days. Only bitcoin had given small fluctuations with small increase and needs to wait long to get good profit.
legendary
Activity: 1288
Merit: 1000
April 01, 2016, 11:41:15 PM
#53
This thread was made during the hearn drama and cryptsy that makes the price drop, those two events also are the reason why the price dropped to up to $360+ that month.. But as we see it now, it bounced back after 2 months, and now moving only at around $400... So I guess the effect of those two are almost gone now...
Since that time we had major bitcoin conference with Chinese miners and bitcoin developers and isn't consensus of 2MB block and fix for other problems pretty much sure at this point?
For now the only event on a horizon which can mess up bitcoin price is The Halving.
sr. member
Activity: 266
Merit: 250
April 01, 2016, 11:20:25 PM
#52
This thread was made during the hearn drama and cryptsy that makes the price drop, those two events also are the reason why the price dropped to up to $360+ that month.. But as we see it now, it bounced back after 2 months, and now moving only at around $400... So I guess the effect of those two are almost gone now...
hero member
Activity: 2618
Merit: 548
DGbet.fun - Crypto Sportsbook
April 01, 2016, 07:55:25 AM
#51
I haven't experienced a great fall in price after it crossed $400 barrier. Now and then price is increasing and decreasing to a very low price. So by the coming days the price may go up as it has been staying round $415 for a long time.
newbie
Activity: 48
Merit: 0
April 01, 2016, 05:33:56 AM
#50
For many ETH might look promising as it's quite new. Some believe it could change uᴉoɔʇᴉq in a long term, thats why more and more are changing sides from BTC to ETH.
For the past week, youtube was filled with videos made about ETH a the potential threat for the existance of uᴉoɔʇᴉq. But lets be realistic. There were more analogues of BTC over time, none of them could possibly move BTC out of a leader position. I don't think ETH could possibly do anything more than others could.
hero member
Activity: 644
Merit: 503
April 01, 2016, 05:32:14 AM
#49
Now that the price of ETH is dropping slightly I think that uᴉoɔʇᴉq users are moving back to uᴉoɔʇᴉq and as I see from the charts uᴉoɔʇᴉq price is being increased a little bit every day.

I really dont get why everyones into the eth alt coin.

How does the price of ETH effect uᴉoɔʇᴉq though.. please enlighten me.

It used to be the case that, in order to buy (and sell) ETH, you needed to trade BTC for it - which would obviously have an affect on the price of BTC. That's no longer the case - exchanges are increasingly opening up ETH to be traded with USD - Poloniex, Kraken and Bitfinex all provide ETH/USD trading now - so ETH's impact on BTC has diminished.
member
Activity: 109
Merit: 10
April 01, 2016, 05:22:12 AM
#48
Now that the price of ETH is dropping slightly I think that uᴉoɔʇᴉq users are moving back to uᴉoɔʇᴉq and as I see from the charts uᴉoɔʇᴉq price is being increased a little bit every day.

I really dont get why everyones into the eth alt coin.

How does the price of ETH effect uᴉoɔʇᴉq though.. please enlighten me.

Bitcoin is the base currency  in the digital world. People use bitcoin to buy Ethereum. So the price of bitcoin will drop.
legendary
Activity: 1204
Merit: 1000
March 25, 2016, 09:54:43 PM
#47
Now that the price of ETH is dropping slightly I think that bitcoin users are moving back to bitcoin and as I see from the charts bitcoin price is being increased a little bit every day.

I really dont get why everyones into the eth alt coin.

How does the price of ETH effect bitcoin though.. please enlighten me.

Don't you need to make a higher profit, i have seen people that make more than 500%+ from trading eth to bitcoin and so on, i just think that it affected a bit the bitcoin market. You can read the news too. But the price of ETH has dropped recently.
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