Bitcoin Forum

What you can say about this sudden price falldown of bitcoins price?

Is this the end of halving? Or just someone manipulating its price? because i see many people started to sell their beloved hodl coins and if massive selling will continues surely bitcoin will drop for more and we might see 300$+ again.

I think it's just the same thing as happened last year when there was a massive coin auction. Price was manipulated to very high levels in a very short time, and then suddenly it dropped very hard. Same trick.

No one knows,all i know halving will be started next month,,the real problem for now is the panic selling made by some btc holders,.
When this selling continues  we might see again 300$ by nextweek.

Really? Somehow I doubt that we'll drop that far. I'm expecting stable prices before $400, $300 just seems too low to reach with halving so near.

Possibilities are there since the price fall down is very fast unlike the price rise happen for these past days, and if it really continue will we can suddenly see it and hoping its just manipulation of big investors, but i dont really want to see 400$,300$ price because i think thats not realy profitable for us now instead i want to see 500$ stability.

the current prices approximately $575-$580 and i saw in my local exchange people has panic selling because the prices decrease with pretty fast whereas we are pretty near to the halving but since yesterday the prices fall more than $150 and i wish we'll be out of this situations soon

And I think it may go below even more in next few days, as people have a fear now that price will not go higher in coming days, and they are busy in selling their coins.

As i read on fb crypto-related group to people are really afraid for this sudden price falldown, some of them are selling their coins now and some others are lose some money because of this price breakdown well i cam really say that this state will continue for these coming days,

Don't worry, to those who have hold as for now.. leave it on hold.. price will starting to kick up when these fearsome people finished selling their coins.

There will be times of anxiety, there will be times of celebration. That is just the way it is with bitcoin. Just when we thought that the price was going to surge past $800, here we are now hoping that the price doesn't decline below $500. Such is the life of bitcoin speculators. And this is all happening in just a period of one month!

Yeah and now there is a possibility that price may not reach to the expected level at halving, I would be happy even if I see the price of $800 at halving.

end of halving ? do you know that halving is not started yet ? it is in july so how come it could end before starting. just wait a few more days for the halving. we will see another big pump very soon. this is an expected speculation that is accepted by many people who are bitcoin lovers.

you are completely correct. this downtrend was caused by correction because of the price rise continuosly last 2 weeks and because of those little balls whom sold their coins when someone started to dump, they also fear that it was the top of the price of halving. We can start to analyze by the start of july.

Yeah and I believe price will start rising in the first week of July, till then sit quiet and give some rest to your bitcoins, as at a moment it deserves some rest as it has to perform actively in coming days.

I believe so, but people are in panic and some other are selling their coin now same as i because we afraid of another price drop will be happen thats why its very scary to risk for more with it, so i think all we need to do now is observe the movements of bitcoins price who knows some miracle might gonna happen and it will pump,migh aswell we can see another price rally.

price rise has already begun. we are now 675$ which is very good for us. it is rising hour by hour and i think it will soon touch 700$ mark again.

I think those price fall down is just manipulating effect of those big bag holders they dump their coins so they can buy again at very cheap price(just my thoughs) and its very good since prise started to rise again maybe we can see 900$ price mark for this upcoming july and surely another fat wallet will we get if halvinf time will occur.

I think it wont stay as this level for so long, think it will level down to about 550$ in the next month

you have no faith in bitcoin at all :) $300!!! really?!!

the price has already been reversed and it has gone up $100+ already but even if the dump continues and price keeps going down there is no way to break the $500 resistance and go anymore below it.

you seem to forget we were so stable above $400 and not even Hearn FUD could lower the price for long time back then.

BREXIT is the reason or excuse for BTC price surge, but that doesnt mean much BTC always does its own thing. The swing traders bots still mess with it though so you can never tell what will happen. Gold rose massively to (did you buy yesterday  :o)  If you have the funds, buy £ to. Its dropped due to Brexit and will of course rise again. Only worth it if you have a serious amount of cash.  This is the time when mega multi millionaires can make millions in a few minutes. Guaranteed later today the smart fiat players will buy up those £'s.

http://moneyweek.com/if-britain-leaves-the-eu-sterling-is-a-screaming-buy/#comments

What are you talking about. The price is currently 675.

He is talking as of yesterday, as price started to rise lately, an now we are sitting at the price of $675 and now I think price will  continue to rise slowly till the halving.

The price of the bitcoin is starting to rise again.  That is what I saw on the spark profit game. ;)  The sudden fall is cause by some investors who are afraid that the value of the bitcoin is affected by the halving that will happen very soon. 

It's pure manipulation from the highest levels. It was most likely a massive shakeout to get rid of weak holders and buy their coins for cheap.

The price fall happened based upon the way bitcoin is developed. Now again the price increase has begun, possibly the price will go high when we're close to the days of halving.

It hasn't fallen so low and it is still higher than what it was in April before the halving started. It's being manipulated by exchanges but halving is yet not over. No please, don't want it to reach $300 as that was not even the price when halving started. It can go back to $500 as it started at that price but I don't think we'll see that low price . It will keep moving till July ends.

I don't have a freaking clue what's gonna happen. this market is fishy at the best of times. throw in the halving and it's gonna be even fishier. we've no idea what the manipulators want and they're gonna do it to us anyway.

The price of the bitcoin will just stay around the current $650 level until after the halving. It will rise later.

Nobody is going to complain about that.
There has been quite a bit of gain in value and all the holders will be satisfied with current levels of $650-$700.
If it rises too quickly, there is always a possibility of a crash.

yeah the price is lower right now but i doubt that we should see such thing as a really bad trend because in my opinion the price is going to grow really fast soon during the upcoming month or so

bitcoin is not falling down right now and it seems to be really stable at the moment i think it is a really great time to buy right now though those are just my ideas

currently the value is stable and if the current break is true, there are chances of more upsides in bitcoin price.

I like the current price stability. That is similar to the price stability about 2 to 6 months ago. There will be a big rise after this.

I assume that too i guess we will see a $900-$1000 or higher this year or maybe next year. Especially if theres no incident gonna happen again that could make the price fall.

The price is far stable. The last week alone it was very volatile. Whenever it comes close to 700 people/whales start dumping again.
To me it seems we have rich are mid term high.

It would be sunshine in paradise, if we can down to those prices per Bitcoin, because I would once again have a opportunity to buy at a very low price. ^smile^ Let all the price watchers panic and let the price drop to those levels, we are waiting for those cheap prices like a pod of dolphins following a school of sardines. At the moment we just buy the panicked fish on the side and we leave the school to do it's thing. Bring on the cheap coins, we are hungry for more. ^smile^

Bitcoins are falling down and that is not very strange because the only thing i see in this topics is that everyone is holding their coins and never
spent some coins that is not what we want for a price increase off course.

I mine some bitcoin, I hold most of the coins. I use some coins to buy things. That is to cover the cost of mining.

Well not that I know what I'm talking about...but miners (the big ones) could be dumping the coin they've hoarded up till now as a hedge for IF the price goes down after halving...
ie insurance...to keep the hamster wheels going after halving ..depending on the price...it is after halving...a hedge

or hell it could be that 500 usd or so is the real price and this is a fading pump that is now a dump

will be interesting however Saturday...when all of the worlds miners are effected by halving..you'd think the price would have to stay at this level if for
no other reason that most big miners dump most of their coins to cash daily....thus....all the mining capacity in the world a switch is tossed and ouch..
only 1/2 the coin being moved daily to exchanges for $$ (whatever 1/2 of that daily mining amount may be ....we do know it will be 1/2 of such previous movements of btc to $$$)

depends along with the above how many kool aid drinkers like myself out there that are holding coin despite all this drama....


tis a silly hobby (as I sit with a good 'pucker' going and watching this crypto drama with 3 knc titans to babysit and 100 btc in my hoard....argh....confusion)

I think after the halving, the price will not change much. The price will be consolidating at the current range.

sure the halving will have a long-term positive impact on price and wont drop soon.

That is true. As long as the bitcoin is developed actively and there is demand for it, the price will rise again.

yes, the impact on bitcoins by halving will be really great in my opinion, it will definitely allow us all to make some decent amounts of bitcoin i think and that will be really great

The halving is over what we see here is artificial pumping of the price. Something which made bitcoin intantly infamous.
And yes it seems to me we just landed in the next pump.

Fortunately, there is no artificial pumping of the bitcoin at the moment. The price is quite stable at the moment.

the halving is over and the effect of halving is not yet over, it is continuing slowly and steadily and we can see a good surge in price within the end of 2016.