Topic: Why the huge drop in value - 15% as they say ? - page 2. (Read 254 times)
Probably because bitcoin rose too often a few days ago and needed to be fixed.
Forks over
Bitcoin future got listed
Miners started to support bitcoin cash.
Some traders started to take profit from bitcoin
Coinbase listed bitcoin cash and one guy who used to be bitcoin cash supporter from very start stated that he sold all his bitcoin but who knows how much he is still holding.
All this might have affected the price of bitcoin, it will recover soon.
Bitcoin future got listed
Miners started to support bitcoin cash.
Some traders started to take profit from bitcoin
Coinbase listed bitcoin cash and one guy who used to be bitcoin cash supporter from very start stated that he sold all his bitcoin but who knows how much he is still holding.
All this might have affected the price of bitcoin, it will recover soon.
But all these effects are temporary on bitcoin. The rise will start again.
Bitcoin Cash rally. It happened a few weeks back too when BCH had a rally, BTC fell badly, then BTC had rally and fucked every other altcoin.
Forks over
Bitcoin future got listed
Miners started to support bitcoin cash.
Some traders started to take profit from bitcoin
Coinbase listed bitcoin cash and one guy who used to be bitcoin cash supporter from very start stated that he sold all his bitcoin but who knows how much he is still holding.
All this might have affected the price of bitcoin, it will recover soon.
Bitcoin future got listed
Miners started to support bitcoin cash.
Some traders started to take profit from bitcoin
Coinbase listed bitcoin cash and one guy who used to be bitcoin cash supporter from very start stated that he sold all his bitcoin but who knows how much he is still holding.
All this might have affected the price of bitcoin, it will recover soon.
Christmas must be one of the primary reasons for this correction currently. I also feel that coinbase adding bitcoin cash also seemed to have caused this correction. These kind of things are normal in this extremely volatile crypto market. This is how the market works. Don't be surprised if bitcoin touches 30k by the end of this year even after this correction. Make sure that you are willing to invest money which you are prepared to lose.
It's just the market. It goes up, it goes down. The people who simply say it will only go up are just 'wishing' it up.
Let's also remind that the other co-founder of Bitcoin.com, Roger Ver, the judas who stole Bitcoin's name in various fashions, admitted that he wouldn't sell all his BTC for BCH, acknowledging the BTC's value, and that it's what it is, a value.
The reason he want BCH to take over, is that he bought a massive amount of BCH's when it was near 200, and now stupid sheeps are helping make him 20x richer.
The reason he want BCH to take over, is that he bought a massive amount of BCH's when it was near 200, and now stupid sheeps are helping make him 20x richer.
Bitcoincash being listed on coinbase and it's affiliated site for trading ,GDAX, is another factor for the dip. Coinbase is the leading platform for trading Bitcoin in the US but it's customers did not receive their bitcoin cash equivalent at the August 1 Bitcoin hard fork. With the recent announcement, that coinbase will start supporting bitcoin cash bitcoin started experiencing a dip.
I think the future trading platform is more advanced from now on, and bitcoin prices will be much more expensive than now, hopefully we will find success in the future.
Can you Newbies stop mixing up the facts?! This is simple shit to not get wrong.
There is no official cofounder of BTC. The founder of BTC is Satoshi Nakamoto...and he's made no such public statement. He hasn't made a post on this forum for 5+ years.
The cofounder of BITCOIN.COM the website, wallet, exchange, news aggregator and forum...someone who's been a HUGE supporter of Bitcoin Cash since June or July said....blah blah blah doesn't believe in bitcoin blah blah blah.
The hunch is that he's dumped his Bitcoin and bought Bitcoin Cash. He's running up the price to bring hype and attention to the benefits Bitcoin Cash has over Bitcoin's deficiencies.
Seriously, guys, get the fucking facts straight.
Hi, so now what on earth if going on with the price.
Lower than 17k , this is not great. It was killing past 19.500.
Any reason for this?
I would imagine these bitcoin future trading platforms getting involved is one issue.
Maybe im wrong
Love to know what you guys think here this is horrible for bitcoin, i would have thought the 20 barrier would have been broken by now.
Lower than 17k , this is not great. It was killing past 19.500.
Any reason for this?
I would imagine these bitcoin future trading platforms getting involved is one issue.
Maybe im wrong
Love to know what you guys think here this is horrible for bitcoin, i would have thought the 20 barrier would have been broken by now.
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