Bitcoin Forum

Hello dear Bitcoiners


I'm seeing the chart in red lines, that the bitcoin price is going down; Why that's happening?

Actualy it's not going down, the price is moving around 2400-2500$ for a while now. But you have to know that stability is not one of characteristics of Bitcoin price but volatility. So constant changes and corrections of price caused by market factors are normal.
Since you don't know this facts you are probably new in Bitcoin but you will learn with time.

You are actually right. It's just matter of time. Don't panic. Stay calm.

Thank you for your appreciated informations.

There are various reasons and the most probable reason is the upcoming Segwit activation. Some users are just afraid of what will happen when Segwit gets activated. Some sell their Bitcoin in order to play safe if ever Bitcoin goes down harshly that is why we see some decrease on Bitcoin's price. But rest assured because nothing is to be worried about. The activation will be beneficial for Bitcoin so just hold your coins and neglect the chart reading. It is normal.

They are afraid because fearmongers are mixing soft and hard forks together. They're taking advantage of people who don't know how SegWit works and trying to start a panic run. Just look at some posts in bitcoin discussion. Every couple minutes someone asks if his money will disappear on August 1st, and some "good souls" are advising to cash out or move coins to a blockchain wallet, because we're going to fork ::)

It's because you opened the 75 876 thread about the price going down.


It's 2328 at this moment so yes it is going down.
But nothing to panic...yet.


Experts in......failure?

It's going down because of the hard fork that is going to happen.
Therr will be double the amount of coins. Ao that at least halves the current price. And one, if not both of the chains will die out quickly and it will all be a giant mess in the ecosystem forcing people to move to safer and better coins. Dropping the value even lower.
That's how so many experts, including myself, are certain it will drop under $1000 soon.

The hard fork might actually be good for Bitcoin in the long run. It could put an end to the scaling debate, if one of the coins is wildly successful.
We can withstand the intermittent volatility.

Nice good buying opportunity  ;D

Those are panic caused by the 1 august that there are some people said the bitcoin will get the hardfork activation that gives the panic feels for everyone to save their money into the fiat, but i think that's not true. The bitcoin will still alive.

Even the alt coins are on a red market know. It's because of the upcoming fork and everyone seems to be scared with the split so those whales are trying to convert their funds to some alt coins or simply cashing it out to fiat. Don't worry after August 1 price will be up again as microsoft announces it's adoption.

I agree with your opinion. Bitcoin prices only fluctuate for a while, it just goes down slightly and will continue to increase

Thank you for this information. Now I can safely invest in long-term bitcoin

Yeah, the fork coming up is definitely causing some people to worry as there is a lot of uncertainty around what will happen after the fork. In the long run, bitcoin will come out ahead though, just need to let the dust settle.

Does anyone even know what the Fork they are worried about?

all people panic about hardfork and segwit next month
and not good effect too in altcoin, because all altcoin down price is Extreme

Now, bitcoin almost mastered the whole market, it directly affects the value of the whole of the altcoins, this is an extremely disadvantageous thing for altcoins, I think the virtual currency market is having a hard time. , It is difficult for the virtual money king.

I think it's all because of our concern for the declining price, so we sell bitcoin without thinking long, because we think better 50% loss than not back at all. That is the cause of the destruction of bitcoin price i guess, and we also not the indicator of the national Market alone, but international.

Many traders are pulling out profit from bitcoin that's why bitcoin price is dropping and people are moving money from alts to bitcoin that's why all alts are in blood bath. All this is just due to panic on the market triggered by news about possible split of bitcoin network after activation of segwit on august. I am strongly holding all my bitcoin and alts right now and will only sell for profit.  ;D

It's no coincidence that this happens, many people think that if they convert bitcoin into altcoins, they will not have much trouble, but bitcoin is impacting the entire market, most altcoin are severely reduced it.

ha ha ha ha ha

I am also doing this, as I do not know how the elephant fight will end, I decided to take some action, at least not to take a big fright in August

I agree, the price drop is all pinned down to panic and fear of what is to come on the first of August and looks like people are playing it safe by moving their monies. I honestly think the bitcoin market would have looked better if people researched more on what is to come to avoid all this. Listening to FUD speculations might cost us by gifting the whales with cheap bitcoins because people have different agendas in all this.

Experts in lies Bro.

I also think like you, really the price of BTC is not reduced, it is just unstable and it is fluctuating a few tens of dollars. That is the nature of Bitcoin. In addition, Bitcoin prices have fallen as investors sold the BTC and invested in a new kind of virtual currency for high profits.

And the price of bitcoin is reduced for the reason that many people are panicking in connection with the news of August 1. Now there is uncertainty in society and no one knows how bitcoin will develop further. I hope that after August 1 we will hear good news and the price will go up

The price fall is due to panic selling by newbies due to fear of hard fork which they expect that it would happen after august 1.They think that they would loose all their bitcoins and so they just want to sell it for cash.Some big whales are making use of this opportunity and buying bitcoins at cheap price.

Yes that is also right. But this time BTC price suddenly up and down so people worry about that.
Main thing is that with BTC all alt coin also going to down and some fear of hard fork also in market so we can say because of that also BTC price going to down.

More people hope want good news, the price increases, the market will do the opposite. The whales will give to trader not have experience a big loss make you just want selling your Bitcoin to them. Then, when bough enough, the price will recovery