Why is the price dropping? - page 8.

lissandra

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Quote from: SmartIphone on March 25, 2016, 08:44:25 PM

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.

SmartIphone

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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.

vendetahome

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Well people seem to be selling it and the prices fluctuating as always so I don't think that's a really bad thing though it surely doesn't let us make a lot of money

I believe that everyone should hold their bitcoins right now as the price is going to rise in the future

alisafidel58

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Quote from: Dr.Osh on March 25, 2016, 05:02:06 AM

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.

Dr.Osh

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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

Murtiya

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If the block size does not increase, bitcoin is useless for daily transaction.

bitlancr

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Quote from: quadriple7 on March 13, 2016, 10:39:43 AM

Quote from: gadsie on January 25, 2016, 12:13:39 PM

Is there something big going on? I'm asking because if it's just a hype thing (like the Mike Hearn thing) this would be a good time to buy. Otherwise I don't know

recent price fall was yes, because of Mike and his dumb words, he created a panic, so price fell really fast and really low, and of course it would be awesome time to buy since price is high right now, just you would take risk if price would fall to 140$ or less, since bitcoin could die

The last 2 events were caused by Mike Hearn and coinbase CEO's but the other decline had no reason as to why it was falling.
I guess it is manipulated speculation. In the world of bitcon this is perfectly normal.

quadriple7

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Quote from: gadsie on January 25, 2016, 12:13:39 PM

Is there something big going on? I'm asking because if it's just a hype thing (like the Mike Hearn thing) this would be a good time to buy. Otherwise I don't know

recent price fall was yes, because of Mike and his dumb words, he created a panic, so price fell really fast and really low, and of course it would be awesome time to buy since price is high right now, just you would take risk if price would fall to 140$ or less, since bitcoin could die

romero121

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Quote from: bit1 on March 12, 2016, 04:12:49 PM

BTC is strong even it is resisting certain circumstances in the market.

Yeah bitcoin had crossed various critical situations. Resisting the market situation is not a big deal for Bitcoin. Everyday the fluctuations in price is also considered panicking which is regularly resisted by bitcoins growth.

LoyceV

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An increase leads to more people buying, a decrease leads to more people selling. So whatever happens, it gives itself positive feedback to accelerate the process.
Speculation and normal variation. Nobody knows what the future will bring, as with any investment/gamble/buy.

bit1

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BTC is strong even it is resisting certain circumstances in the market.

rekinthis

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Quote from: gadsie on January 25, 2016, 12:13:39 PM

Is there something big going on? I'm asking because if it's just a hype thing (like the Mike Hearn thing) this would be a good time to buy. Otherwise I don't know

sometimes it's hype thing like you say, a massive panic when everyone starts to sell their coins, sometimes it's because person who have a lot of coins decides to sell them, that drops price too, and of course dumps, also there might be just random days when price falls by couple of $

Pollak

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Pollak

Its now good to buy you mean. If the price is now dropping then the chance is higher that it is worth more later.
So you should just see their advantage reduced the price.

lottery248

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beware of your keys.

people are not panic to sell bitcoins for now, thus the bitcoin price is stable. meaning your logic at this moment is invalid.
back when the Mike left from the bitcoin development, it affected the bitcoin price by range decrease of ~$50. numbers of people gone jelly on losses. Sad

1Referee

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Quote from: arbitrage on January 27, 2016, 04:13:04 AM

Question is how will you used this situation in your own good?
Will you start panic or be calm and hold, and you will be awarded..

Very simple. Buy or trade. When I see the price is dropping and other people are panic selling, that's when I start to get excited. It allows me to do some very profitable day trading. Volatility is good.

madonnino

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Quote from: n691309 on January 26, 2016, 03:16:32 PM

The bitcoin price is dropping probably because there has been created a new debate about bitcoin core classic which confuses the miners a bit to move or not.

i don't see such a drop, remember few months ago when we was in 220 /250$? what i see is a "stable" price for bitcoin (10-15 $ it's not a problem imo for bitcoin price to get panic)

arbitrage

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Question is how will you used this situation in your own good?
Will you start panic or be calm and hold, and you will be awarded..

randy8777

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Quote from: n691309 on January 26, 2016, 03:16:32 PM

The bitcoin price is dropping probably because there has been created a new debate about bitcoin core classic which confuses the miners a bit to move or not.

nah. i think all this is done purely to put some pressure on the bitcoin core devs to step up their game and release the update the majority of the community is waiting for. people are tired of this endless drama about the alternatives that look out to be used as main client. most of the chinese miners are standing firm behind bitcoin core. says enough....

Denker

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Quote from: arbitrage on January 26, 2016, 03:09:05 PM

Trend is up after long time! Don't worry at all.
Watch bitcoinwisdom, buy a beer and try to relax..

If you're in for the long haul it shouldn't matter you what the price is doing at the moment.Hodlers should as you said just relax and sit it out.There will always be booms and busts, up and downs.This is how the market works.As long as you believe that over a longer period of time Bitcoin will be sucessful and therefore rise in value there should be nothing to be worried about.But very often people become greedy and therefore are overinvested. And then in situations like the actual one plus the new blocksize debate and the classic attempt of a fork, some people get scared, start to panic and are doing silly and dumb things with their coins.

n691309

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The bitcoin price is dropping probably because there has been created a new debate about bitcoin core classic which confuses the miners a bit to move or not.

Topic: Why is the price dropping? - page 8. (Read 7937 times)