Why? I'm guessing pure manipulation by one or a few whales.
If you look at the order books you see there's almost no selling pressure. So basically nobody is crazy enough to sell at these prices except a few that want to trigger panic, which will work at some point of course. Then they buy back double... That's how you make money if you have money :p
Topic: why the bitcoin price is going down ? - page 3. (Read 4182 times)
I'll wait for below 100 threshold before considering placing the buy order 
Really?
The lowe price for bitcoin will be 300.
lower than that... miners will turn off their miners.
imho
Has anybody considered the possibility that Chinese and Russian miners pay almost nothing in electric because of kickbacks? Even soverign nations might be mining and dumping at this point
You are holding your coins ?
Continuing to accumulate and use Bitcoins as much as possible
What is the main reason?
You are holding your coins ?
You are holding your coins ?
sorry for those 2014 holders its a loss for them.
localbitcoins is still above $400 while sheeple are panicing while looking at the crappy btc-e/bitstamp small valuations
wake up sheep theres less actual bank movements on exchanges compared to localbitcoins
stop valuing bitcoins 13 million coins based on movements of just 200 coins!!!!
exchanges are just bot movements on a mysql database..
wake up sheep theres less actual bank movements on exchanges compared to localbitcoins
stop valuing bitcoins 13 million coins based on movements of just 200 coins!!!!
exchanges are just bot movements on a mysql database..
shhhh I'm still trying to let them drive the price lower for cheep coinz!
localbitcoins is still above $400 while sheeple are panicing while looking at the crappy btc-e/bitstamp small valuations
wake up sheep theres less actual bank movements on exchanges compared to localbitcoins
stop valuing bitcoins 13 million coins based on movements of just 200 coins!!!!
exchanges are just bot movements on a mysql database..
wake up sheep theres less actual bank movements on exchanges compared to localbitcoins
stop valuing bitcoins 13 million coins based on movements of just 200 coins!!!!
exchanges are just bot movements on a mysql database..
you do understand that nobody is even buying on LBC. plus it is super over priced because of high fees and chances of loss due to scam or disputes.
I'll wait for below 100 threshold before considering placing the buy order
Really?
The lowe price for bitcoin will be 300.
lower than that... miners will turn off their miners.
imho
Merchants are real businessmen that used Bitcoin for marketing stunt and short term attention.
They don't actually believe in magic bean money and that's why they sell it on the spot.
Merchants are not stupid, bag holders and lazy nerds are the stupid ones here.
They don't actually believe in magic bean money and that's why they sell it on the spot.
Merchants are not stupid, bag holders and lazy nerds are the stupid ones here.
more and more merchants suddenly accepting bitcoin and not enough people buying more btc. The merchants are also converting the btc back to fiat and that also drives the price down.. good time to buy.
i'm was thinking the same... the are selling too fast at low price
Most merchants are not interested in Bitcoin itself.
They see that it potentially can get them extra revenue, and that's the main reason for them to accept it.
And also, any payments made with Bitcoin will directly be converted to Fiat Currency, unless the merchant decide to keep the coins.
localbitcoins is still above $400 while sheeple are panicing while looking at the crappy btc-e/bitstamp small valuations
wake up sheep theres less actual bank movements on exchanges compared to localbitcoins
stop valuing bitcoins 13 million coins based on movements of just 200 coins!!!!
exchanges are just bot movements on a mysql database..
wake up sheep theres less actual bank movements on exchanges compared to localbitcoins
stop valuing bitcoins 13 million coins based on movements of just 200 coins!!!!
exchanges are just bot movements on a mysql database..
I'll wait for below 100 threshold before considering placing the buy order
more and more merchants suddenly accepting bitcoin and not enough people buying more btc. The merchants are also converting the btc back to fiat and that also drives the price down.. good time to buy.
Absolutely! The question is how to push up the demand of bitcoin. When the price is low enough and really bargain for consumers. More people will rush to buy bitcoin. The price will skyrocket. more and more merchants suddenly accepting bitcoin and not enough people buying more btc. The merchants are also converting the btc back to fiat and that also drives the price down.. good time to buy.
i'm was thinking the same... the are selling too fast at low price
more and more merchants suddenly accepting bitcoin and not enough people buying more btc. The merchants are also converting the btc back to fiat and that also drives the price down.. good time to buy.
What is the main reason?
You are holding your coins ?
You are holding your coins ?
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