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Topic: Why is the price sloping down? (Read 1083 times)

Pab
legendary
Activity: 1862
Merit: 1012
March 07, 2016, 10:02:29 PM
#25
I think fear is melting bitcoin is quietly trading over 400$ people see 3 in price and thay are starting his lament
does 410$ is ok for now
hero member
Activity: 672
Merit: 500
March 07, 2016, 08:00:00 PM
#24
In my opinion.
I think the last ransomware issue of cryptolock make bitcoin price sloping down, each bad news make bitcoin price fail, like last issue about mike hearn, or about XT Vs core etc.

Definitely not. The market is behaving very normal the last months. The only negative thing that affected Bitcoin was the fud from Mike Hearn that made a lot people panic sell. As soon as people were realizing everything that Mike Hearn said was nothing more than fud, the price started to rise again. People should use their common sense before believing everything. If they did that there would be a lot less panic.

i think mike hearn issue has be done in last month, I doubt mike hearn issue make bitcoin sloping down again, how about spaming network bitcoin..? i think this is give negative impact too
legendary
Activity: 1232
Merit: 1091
March 07, 2016, 07:03:36 PM
#23
In my opinion.
I think the last ransomware issue of cryptolock make bitcoin price sloping down, each bad news make bitcoin price fail, like last issue about mike hearn, or about XT Vs core etc.

Definitely not. The market is behaving very normal the last months. The only negative thing that affected Bitcoin was the fud from Mike Hearn that made a lot people panic sell. As soon as people were realizing everything that Mike Hearn said was nothing more than fud, the price started to rise again. People should use their common sense before believing everything. If they did that there would be a lot less panic.
sr. member
Activity: 341
Merit: 250
March 07, 2016, 06:55:51 PM
#22
Could the price have dropped because of ethereum early adopters taking profits by selling their ethers for Bitcoins, then dumping the Bitcoins for fiat? If I held ethereum I'd be selling for some fiat profits. There's millions of dollars a day flowing through its markets and someone must be taking profit from the pump.
hero member
Activity: 672
Merit: 500
March 07, 2016, 11:43:35 AM
#21
In my opinion.
I think the last ransomware issue of cryptolock make bitcoin price sloping down, each bad news make bitcoin price fail, like last issue about mike hearn, or about XT Vs core etc.
legendary
Activity: 2016
Merit: 1030
Privacy is always important
March 07, 2016, 11:30:44 AM
#20
The price of bitcoin today is running up again. and i think the value of bitcoin this month will go down below 400 again..
And i think some holders of ETH planning to convert again in to bitcoin so that the price will rise again..
Don't fear about the price its just a nature of bitcoin that the price will rise and dump...
hero member
Activity: 798
Merit: 1000
Move On !!!!!!
March 07, 2016, 10:34:47 AM
#19
Still a small pump going on here and there, next dump's going to be until $350, take my word for it
sr. member
Activity: 434
Merit: 250
March 07, 2016, 10:33:24 AM
#18
It is not that down that much. Why are people so negative. That is not good. I hope later that more people will be positive in Bitcoin.
You can now also see that the price is not a bit stable and that is very good. But you never know what will happen.
newbie
Activity: 56
Merit: 0
March 07, 2016, 03:51:28 AM
#17
There don't need to be a reason for the price to go up or down. The entire market is under control of the wealthy traders that just keep the market moving. One week the price might go up and the other week it will go down. Beside that, if you ask people for the reason behind a price movement, people will come up with plenty of theories.


The only theory i see fit is that the whales are controlling the price...
They have the power if they want to increase or decrease the value of btc...
sr. member
Activity: 481
Merit: 264
BCMonster.com BTC ZEN HUSH KMD ARRR VRSC ACH RFOX
March 07, 2016, 01:51:21 AM
#16
There don't need to be a reason for the price to go up or down. The entire market is under control of the wealthy traders that just keep the market moving. One week the price might go up and the other week it will go down. Beside that, if you ask people for the reason behind a price movement, people will come up with plenty of theories.

Agreed!  All value goes up and down with the big money!
legendary
Activity: 1232
Merit: 1091
March 06, 2016, 02:04:09 PM
#15
There don't need to be a reason for the price to go up or down. The entire market is under control of the wealthy traders that just keep the market moving. One week the price might go up and the other week it will go down. Beside that, if you ask people for the reason behind a price movement, people will come up with plenty of theories.
sr. member
Activity: 533
Merit: 251
Streamity Decentralized cryptocurrency exchange
March 06, 2016, 01:34:36 PM
#14
I hope it is only people want cheap money.
sr. member
Activity: 756
Merit: 290
March 06, 2016, 01:26:22 PM
#13
the biggest handicap on btc the transactions latency.
legendary
Activity: 938
Merit: 1000
March 06, 2016, 01:20:03 PM
#12
What the hell! It has gone down to $397!


At this rate I fear it will reach $300 pretty soon.

And time to recover this sloppy slope is huge!

It's nothing, really. Not sure why you get soo negative just because the price is dropping a few bucks. It's just normal market action.

Agree,  These small fluctuations are "normal" the price is in 411 again.
legendary
Activity: 1442
Merit: 1014
March 06, 2016, 06:52:13 AM
#11
Price was going down due to several attempts to spread FUD.
Sure that this would have some kind of impact on the market.
The uncertain ones got scared and weak hands and sold their BTC. The smart ones bought up those cheap coins and are laughing now.
Yesterday stamp was down to 382 and finex down to 389.Guess what happen directly after that?
Exactly, some people used that situation to stack up.
Now we are back to 404 to 405.
It's always the same game by FUDsters and whales.
Educate yourself at which point of development and progress we are now and how far we have come the last 2-3 years instead of listening to the panic initiators.
legendary
Activity: 2170
Merit: 1427
March 06, 2016, 05:36:57 AM
#10
What the hell! It has gone down to $397!


At this rate I fear it will reach $300 pretty soon.

And time to recover this sloppy slope is huge!

It's nothing, really. Not sure why you get soo negative just because the price is dropping a few bucks. It's just normal market action.
legendary
Activity: 2968
Merit: 3406
Crypto Swap Exchange
March 06, 2016, 04:21:48 AM
#9
I believe it's still in the normal range in which market behaves ($10-$15 up and down). Right now it went a little bit up again (currently at $400 at the time of typing this) since it's range from todays lowest of $391 does talk for itself. People panic the moment it goes down and thread pop out of nowhere stating to their prediction of BTCitcoin losing it's value blah blah blah and now is the end (same old story).
legendary
Activity: 3066
Merit: 1049
Eloncoin.org - Mars, here we come!
March 06, 2016, 03:54:34 AM
#8
Someone possibly is responsible and kept gaining behind this. its no coincident that ETH rise but why now? They've been around for two years but why now?
isn't it because they want bitcoin's value to go down so they can buy more to gain during halving?
legendary
Activity: 3206
Merit: 1069
March 06, 2016, 03:22:07 AM
#7
again it's not like a dump or anythign like that it's perfectly normal, the market behave in this way all the time

i dunno why people goes in panic mode when they see a correction up or down

now you will see dozen of useless thread about "the moon" when the price will recover to 450 again
sr. member
Activity: 481
Merit: 264
BCMonster.com BTC ZEN HUSH KMD ARRR VRSC ACH RFOX
March 06, 2016, 01:33:16 AM
#6
I goes up and down like this all the time.  4 months ago it was $230.  It has been up for a month or so now.  Time for a little slump.  It will be back.
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