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Topic: Why the selloff? - page 3. (Read 3518 times)

legendary
Activity: 3528
Merit: 7005
Top Crypto Casino
March 16, 2017, 09:12:40 PM
#17
OMG, welcome to bitcoin, where volatility is the norm and not the exception.   This is probably nothing more than people taking their profits, which investors do--especially when an asset is near its all time high.  Forget any explanation,  though.  No one here can explain it with any certainty, including me.
legendary
Activity: 1834
Merit: 1036
March 16, 2017, 09:09:48 PM
#16

BTC plunging down to $1134 and going lower by the minute.
I didn't notice that it went down to $1,134 USD yesterday but if you did, you should have taken the opportunity to buy some coins and sell later when the price of BTC recovered back to $1,200 USD level. Looking at Preev right now I see $1,203 USD but it's being traded at a lower price at Coinbase with $1,623 USD now.
legendary
Activity: 1582
Merit: 1006
beware of your keys.
March 16, 2017, 09:01:05 PM
#15
less than a week ago, bitcoin price used to surge by ~$100 then dropped by almost the same amount AFAIK, so for this i guess this is a trap for sellers.
legendary
Activity: 2179
Merit: 1201
March 16, 2017, 07:47:18 PM
#14
When the price tanked for a while and then hovers at the same value for a week, usually the sell off starts. This is happening for years now.
newbie
Activity: 5
Merit: 0
March 16, 2017, 07:33:15 PM
#13
It's because everyone is selling and converting to ethereum, seriously.
legendary
Activity: 2688
Merit: 1065
Undeads.com - P2E Runner Game
March 16, 2017, 05:33:06 PM
#12

BTC plunging down to $1134 and going lower by the minute.

Don't be carried away. Good thing still the price have been lowered because it's your opportunity now to buy coins at the current price. Look at how well it increaead again meaning many are just waiting to reached their buy wall.

We will straight forward again at above $1,200+. No such big news happened that pull the price down so this is just a normal and others just take profits especially those who bought at below $1,100 to $1,000 after the ETF rejection.
sr. member
Activity: 339
Merit: 250
March 16, 2017, 05:30:36 PM
#11


  I guess now  the title should be changed to " Why the buy back " since it is bouncing back and will be around 1180 euros as it was before the decline today
member
Activity: 70
Merit: 10
Small trader
March 16, 2017, 05:23:33 PM
#10
sr. member
Activity: 339
Merit: 250
March 16, 2017, 05:21:26 PM
#9
It's a trap for weak hands.  Wink


exactly,   always ask Admiral Ackbar when in doubt

https://www.youtube.com/watch?v=4F4qzPbcFiA
full member
Activity: 121
Merit: 100
March 16, 2017, 04:43:14 PM
#8
It's a trap for weak hands.  Wink
hero member
Activity: 658
Merit: 503
Bear with me
March 16, 2017, 04:32:55 PM
#7
There is no hard fork planned.

The selling is probably based on a misinterpretation of the scaling debate and a lot of manipulation. Be wary not to sell at the bottom.
hero member
Activity: 3150
Merit: 636
DGbet.fun - Crypto Sportsbook
March 16, 2017, 04:31:51 PM
#6
There's nothing new and to worried about this. It is happening usually people are doing something maybe a whale or pump and dump group.

Just to make some profits out of nothing and of course when those newbies see that there's a movement and it is decreasing.

They will usually panic and tries to sell out their coins and boom price will go down but lately you will see the price will increase again.
sr. member
Activity: 339
Merit: 250
March 16, 2017, 04:30:40 PM
#5

BTC plunging down to $1134 and going lower by the minute.

I think it's due to the threat of BTC hard fork, but hopefully this does not happen.

hmmm, then people are more stupid then i thought. we are far away from fork and even if a fork would happen then  BTC owners would get same amount on the new chain.  based on this new buyers should come and buy bitcoin and the price should go up . again , most people are not the smartest tool in the shed
sr. member
Activity: 579
Merit: 267
March 16, 2017, 04:27:50 PM
#4
Can someone explain me with hard fork situation?
newbie
Activity: 20
Merit: 0
March 16, 2017, 04:25:51 PM
#3

BTC plunging down to $1134 and going lower by the minute.

I think it's due to the threat of BTC hard fork, but hopefully this does not happen.
sr. member
Activity: 339
Merit: 250
March 16, 2017, 04:24:51 PM
#2


is bitcoin, some days it can do something like this. 5%-10% up and down  , nothing to panic about
full member
Activity: 302
Merit: 100
March 16, 2017, 04:10:46 PM
#1

BTC plunging down to $1134 and going lower by the minute.
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