Bitcoin Forum

As per Chartbuddy the price is constantly declining:


What could be the main reason behind it?
Is it due to the network jamming or something else?

Weak fundamentals are to blame. Bitcoin never had strong fundamentals, contrary to what many people here claim. The only thing going for them is the constant HALVING of the reward blocks every 4 years or so. Even then, the current market seems to think we are over-bought. You can blame the Bitcoin Core developers, those arrogant cunts are ruining bitcoin.

all buyer want cheap money ... before the halving.





free market. http://imagizer.imageshack.us/a/img921/9434/cV95EA.gif
yes, when the time comes ... it can fly.

There are plots that network is facing transactions obstacles i ve been sending today btc few times without
problems always there are negatives news before up
watch china if thay are not selling everything is ok

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!

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.

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

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?

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).

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.

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.

Agree,  These small fluctuations are "normal" the price is in 411 again.

the biggest handicap on btc the transactions latency.

I hope it is only people want cheap money.

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!

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...

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.

Still a small pump going on here and there, next dump's going to be until $350, take my word for it

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...

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.

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.

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

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