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Title: Cause of Bitcoin Drop (7/14/2017) Post by: neon_colors01 on July 15, 2017, 09:58:10 AM I see a sharp drop on bitcoin and not only btc but also other alt coins including eth, xrp, ltc, xmr
What cause bitcoin drop now? or should I say the sudden coin drop of all. Can anyone share some news? Should I buy now? It's pretty low already or wait for a while. thanks guys. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Gorgonio on July 15, 2017, 10:02:33 AM Wait a while
Prices will continue to fall Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: neon_colors01 on July 15, 2017, 10:08:13 AM what caused it?
news here in our country cant affect the coins. and cant search it in google Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Anegg on July 15, 2017, 10:12:04 AM I see a sharp drop on bitcoin and not only btc but also other alt coins including eth, xrp, ltc, xmr What cause bitcoin drop now? or should I say the sudden coin drop of all. Can anyone share some news? Should I buy now? It's pretty low already or wait for a while. thanks guys. Well this is super low and I would recommend buying some bitcoin if you have the money, since it is almost guaranteed that bitcoin will rise back up and you will profit off your investment. What I think is causing all this huge dump in bitcoin is the pre segwit anticipation. Since a hard fork is happening, there are heaps of conspiracies of how this is when bitcoin will die. Then people are add to the drop by selling and rebuying when it drops even more Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: piebeyb on July 15, 2017, 10:12:29 AM I've analyzed this a few weeks ago I have a bitcoin price analysis using MACD using 1W I think indeed in the next few weeks we will experience a price reduction without having to make panic with the problem 1 August everyone will panic selling cheaply :)
Pick it up in the $ 1000 area 8) Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: neon_colors01 on July 15, 2017, 10:22:58 AM wow, thanks sir glad to have your comment, it helps a lot before deciding :)
i accidentally bought coins in a high price, so i think ill wait a while for it before i can sell it in a fair price again. I think there's a lot of changes because of the coming segwit Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: talkbitcoin on July 15, 2017, 10:25:27 AM this is the big bitcoin shakedown before the big rise.
soon August will come and go and whales who have bought in this period under market price will be the ones making the biggest profit of all times when price goes to $3000+ if you want to sell then it is already too late. if you want to buy it is a good time. but to be sure it is best to wait a little more but watch the price closely. anything below 2K is a no brainier. and be careful about altcoins, they are mostly at the end of their line and everyone is getting off their train and back to fiat in order to get ready to jump in bitcoin train when it starts up again. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: joseafonso123az on July 15, 2017, 10:29:00 AM The bitcoin drop and their altcoins its because of the anticipated Segwit, and the kind of fork that will come from it. I guess next week the price will drop even more, and it will continue till early August I guess, when all the dust from SegWit is over.
Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: steampunkz on July 15, 2017, 10:29:26 AM Thats a good Idea.. ;) So the when the the price of BTC is 1k$ per 1BTC, Will surely buy more btc by that time. Its already falling and falling now and just continuously dragging altcoins. What ever happens I will still use bitcoin after august 1!
Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Kronos21 on July 15, 2017, 10:56:40 AM The bitcoin drop and their altcoins its because of the anticipated Segwit, and the kind of fork that will come from it. I guess next week the price will drop even more, and it will continue till early August I guess, when all the dust from SegWit is over. This view is supported by the majority of bitcoin users so nothing will happen. The money always like the silence. It so happened that a bunch of greedy people are unable safely to negotiate and now all have become their hostages. But I am sure that the same greed will force them to do it and everything will return to normal.Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Slark on July 15, 2017, 11:04:43 AM What I think is causing all this huge dump in bitcoin is the pre segwit anticipation. Since a hard fork is happening, there are heaps of conspiracies of how this is when bitcoin will die. Then people are add to the drop by selling and rebuying when it drops even more Then why all other possible altcoins are losing their ground too? Just take a quick glimpse here: https://coinmarketcap.com/ Besides some random occasional niche pump of 3 altcoins whole market seems to be crumbling. This crazy decline can't be caused only by unclear situations of bitcoin scaling, BTC is simply not influential enough. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: innergy on July 15, 2017, 11:04:55 AM The drop is because bitcoin is useless..
Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Zemangat on July 15, 2017, 11:05:11 AM Bitcoin prices will decline due to the many investors who fear will occur segwit in August. Most of them sell their bitcoin because they are afraid of losing a lot. I think you have to sell some of your bitcoin, not everything .. leave half. Because bitcoin will return to normal after August. Use this to buy bitcoin. So that later you earn a lot of profits when bitcoin prices back to normal
Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Iranus on July 15, 2017, 11:07:19 AM I see a sharp drop on bitcoin and not only btc but also other alt coins including eth, xrp, ltc, xmr What cause bitcoin drop now? or should I say the sudden coin drop of all. Can anyone share some news? Should I buy now? It's pretty low already or wait for a while. thanks guys. What I think is causing all this huge dump in bitcoin is the pre segwit anticipation. Since a hard fork is happening, there are heaps of conspiracies of how this is when bitcoin will die. Then people are add to the drop by selling and rebuying when it drops even more For now, we have SegWitx2 and UASF happening. SegWitx2 looks like it'll happen very soon, in which case it's all good. UASF will have a chain split if it still has <50% hash rate on August 1st, but it's running on negligible hash rate and probably won't be relevant if SegWit gets activated before then. Both SegWitx2 and UASF are soft forks. Posts like that explain exactly why the price is dropping. There's too many fancy terms for some newbies, weak hands and speculators to understand, so they do the easiest thing they do into lovely, relatively safe fiat. As for alts, they just got pumped hard, so when BTC falls they fall with it. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: LeGaulois on July 15, 2017, 11:12:19 AM The drop is because bitcoin is useless.. This is your opinion But actually the drop was excepted. It's what some people were looking for June/July just before the August 1. Create the fear of people in the Bitcoin community, so currently people are selling their Bitcoin. Now that the price is going down, those same people who created the fear are now buying for a good price, knowing the price will boost during August/September and may get like a 30% profit Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: robelneo on July 15, 2017, 11:15:20 AM The bitcoin drop and their altcoins its because of the anticipated Segwit, and the kind of fork that will come from it. I guess next week the price will drop even more, and it will continue till early August I guess, when all the dust from SegWit is over. This is the closest explanation this is just for a short period until the segwit is finish and we'll see the outcome of that segwit, hopefully, everything will be ok, it could drop further to $1500 I hope it will stabilize and get it's former price or better a week after the segwit Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Pursuer on July 15, 2017, 11:25:16 AM The drop is because bitcoin is useless.. if bitcoin was really useless or if you really thought that you would never even sign up on a "bitcoin" forum and never have visited and posted on a "bitcoin" section of the "bitcoin" forum. and so far you have spent more that a year on this "useless" thing. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: NorrisK on July 15, 2017, 11:31:45 AM There was half a year of only price rises. What did you expect to happen?
A good healthy correction was much needed to get a new solid floor again. I would prefer eternal rises as well, but that is not how markets work. As long as the year long trends remain upwards, I have no problem with it. Its my retirement plan, not drive a lambo this year plan. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Pursuer on July 15, 2017, 11:38:37 AM There was half a year of only price rises. What did you expect to happen? A good healthy correction was much needed to get a new solid floor again. I would prefer eternal rises as well, but that is not how markets work. As long as the year long trends remain upwards, I have no problem with it. Its my retirement plan, not drive a lambo this year plan. it wasn't really "all rise" if you look at the charts you can clearly see all the dips (short term corrections) happening all the way to the top. for example price went up $100 and dropped $30 and then went up and .... also a good healthy correction was the first drop down from the ATH of nearly $3000 down to around $2100 and then stabilizing the price above $2450. that was the real correction. and the $2400 should have been the bottom of the correction. what we are seeing now is the panic sell, it has nothing to do with the rise nor the correction of it. it is all fear of the split because of UASF! and all the rest of the FUD that is flying around. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Juggy777 on July 15, 2017, 11:44:35 AM I see a sharp drop on bitcoin and not only btc but also other alt coins including eth, xrp, ltc, xmr What cause bitcoin drop now? or should I say the sudden coin drop of all. Can anyone share some news? Should I buy now? It's pretty low already or wait for a while. thanks guys. Its normal nothing really to worry about. If you are planning to buy this would be the perfect time, each time it drops buy little and little. The reason is very obvious people are confused and sacred of August 1st.they just don't know what's going to happen and they are running here and there and selling it in panic, that has led to more supply than demand and that's why the fall. Till august 1st the fall will continue, then Boom Boom rise. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: grermezter on July 15, 2017, 12:16:27 PM I see a sharp drop on bitcoin and not only btc but also other alt coins including eth, xrp, ltc, xmr What cause bitcoin drop now? or should I say the sudden coin drop of all. Can anyone share some news? Should I buy now? It's pretty low already or wait for a while. thanks guys. Its normal nothing really to worry about. If you are planning to buy this would be the perfect time, each time it drops buy little and little. The reason is very obvious people are confused and sacred of August 1st.they just don't know what's going to happen and they are running here and there and selling it in panic, that has led to more supply than demand and that's why the fall. Till august 1st the fall will continue, then Boom Boom rise. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: iqlimasyadiqa on July 15, 2017, 12:20:33 PM I see a sharp drop on bitcoin and not only btc but also other alt coins including eth, xrp, ltc, xmr All current circumstances are very deteriorating. We know that all this is an impact from the 1st of August. Honestly maybe i want the existing bitcoin like now. Segwit just destroys the current bitcoin value. Nothing is good and many people suffer losses because of this action.What cause bitcoin drop now? or should I say the sudden coin drop of all. Can anyone share some news? Should I buy now? It's pretty low already or wait for a while. thanks guys. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: crazyivan on July 15, 2017, 12:28:09 PM What I don't get is if you re afraid of Aug 1, why don't u people exit BTC and get into alts. Do you really think all crypto s cease to exist in 2 weeks?
I don't think it will. We ve had this before. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: minime on July 15, 2017, 12:43:59 PM What I don't get is if you re afraid of Aug 1, why don't u people exit BTC and get into alts. Do you really think all crypto s cease to exist in 2 weeks? they dont belive in alts btc or cash...I don't think it will. We ve had this before. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: mayax on July 15, 2017, 12:48:59 PM 2000 usd and the fall continues :D
Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Ruderalis on July 15, 2017, 12:58:16 PM I think that the prices it's going to be dropping until Aug 1, then he will continue his ascent to the top :)
Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: crazyivan on July 15, 2017, 01:02:19 PM What I don't get is if you re afraid of Aug 1, why don't u people exit BTC and get into alts. Do you really think all crypto s cease to exist in 2 weeks? they dont belive in alts btc or cash...I don't think it will. We ve had this before. Really, so they dont believe in crypto? So why the fuck did they get into crypto at the first place? Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: dennyd999 on July 15, 2017, 01:04:45 PM Have bought BTC at this price..If fall more will by more latter.
Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: mayax on July 15, 2017, 01:51:01 PM Have bought BTC at this price..If fall more will by more latter. 150-200 usd would be a great price :) Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: CraigWrightBTC on July 15, 2017, 01:55:49 PM The causes of bitcoin's price was drop is the activation of segwit2x will happen, many people are fear because of it. And many people makes prediction the activation of segwit2x on bitcoin's network will be fail.
So the people who are fear they sell the bitcoins, the other reasons why bitcoin's price drop because of speculation from the traders that looking for profit from fluctuation of bitcoin's price. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: panganib999 on July 15, 2017, 01:58:40 PM I see a sharp drop on bitcoin and not only btc but also other alt coins including eth, xrp, ltc, xmr Maybe it is better to buy bitcoins right now because of its price drop. Do not be too much worried of what will happen after the Segwit2x fork. We still have to wait after that moment to see if there will be a large effect on the current price value of bitcoin. We just need to hope for the best and do not believe yet on speculations until it was proven as true and reliableWhat cause bitcoin drop now? or should I say the sudden coin drop of all. Can anyone share some news? Should I buy now? It's pretty low already or wait for a while. thanks guys. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: RealBitcoin on July 15, 2017, 02:01:19 PM Stoop looking for causes, the market just goes up and down, ignore it. If you belive in bitcoin you believe in it regardless of the price.
Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Polar91 on July 15, 2017, 02:05:55 PM I see a sharp drop on bitcoin and not only btc but also other alt coins including eth, xrp, ltc, xmr If you will watch and observe it might be a great opportunity to buy bitcoin now because of its current price value dump. We must consider it as a positive way to gain more assets. Yet it is quite alarming because of the sudden price fall but we are still hoping that after the Segwit2x fork, everything will go back to normal especially the bitcoin or the best thing to think is that after the said event it will now reach our dream goal: to have bitcoin's highest price peak to happen.What cause bitcoin drop now? or should I say the sudden coin drop of all. Can anyone share some news? Should I buy now? It's pretty low already or wait for a while. thanks guys. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Aura on July 15, 2017, 02:06:16 PM A lot of things to name some:
- Mt. Gox, a drop happens most of the time when a big exchange goes bankrupt. - Fear for a chain split, people selling massive amounts bitcoins - AlphaBay getting shutdown, demand of illegal goods goes down so does bitcoin. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: mayax on July 15, 2017, 02:16:56 PM Stoop looking for causes, the market just goes up and down, ignore it. If you belive in bitcoin you believe in it regardless of the price. bitcoin is not GOD to believe in... ;D bitcoin is an e-currency which is manipulated by the biggest exchangers with their bots. it's a fact and everybody seems to ignore it. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: hatshepsut93 on July 15, 2017, 02:18:23 PM What I think is causing all this huge dump in bitcoin is the pre segwit anticipation. Since a hard fork is happening, there are heaps of conspiracies of how this is when bitcoin will die. Then people are add to the drop by selling and rebuying when it drops even more Then why all other possible altcoins are losing their ground too? Just take a quick glimpse here: https://coinmarketcap.com/ Besides some random occasional niche pump of 3 altcoins whole market seems to be crumbling. This crazy decline can't be caused only by unclear situations of bitcoin scaling, BTC is simply not influential enough. Alts are mostly traded against BTC, so when BTC falls, their USD price also falls, but if you switch to alts/BTC, you'll see that they have changed only a few percent up or down. Also, alts are in their own bear market for the last couple of weeks, and many of them dropped 2-3 times after reaching all time high. The most obvious explanation is that it was a bubble, fueled by ICO's and Ethereum. So, USD value of alts is tied to Bitcoins price, but their BTC value is more independent. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: qiman on July 15, 2017, 02:22:14 PM Bitcoin 1.8k USD support line will be broken, I am sure but even then, I am not afraid of what is coming. Even if there is a fork, it will not be the end of Bitcoin, only an extra blockchain will come and there will be two prices on the market. Each chain will get it's supporters and investors that will rally behind them and that will be it. It blows my mind to think people are panicking over what might or might not happen.
Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: kabit9 on July 15, 2017, 02:42:39 PM Bitcoin 1.8k USD support line will be broken, I am sure but even then, I am not afraid of what is coming. Why are you so sure 1.8k support will break? http://preview.ibb.co/bwRF5F/2btc.jpg (http://ibb.co/n8j2kF) Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Victorycoin on July 15, 2017, 03:32:15 PM The drop is because bitcoin is useless.. Perhaps I should say welcome back to planet earth, because you seem oblivious of how Bitcoin have pioneered a revolution in the financial sector that ICOs could now so easily raise hundreds of millions of dollars all too soon they're up for grabs regardless they're springing up like mushroom everyday. Now a landmark event is in view for Bitcoin and evidently the steam is turned down as most bitcoiners are marking time and evidently you can see the spiral effect on the altcoins. If Bitcoin were half as useless as you hinted, one would have expected money to flow into altcoins from Bitcoin, but what do we have - common heritage. Whatever affects Bitcoin goes to affect all. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: cellard on July 15, 2017, 03:39:54 PM There was half a year of only price rises. What did you expect to happen? A good healthy correction was much needed to get a new solid floor again. I would prefer eternal rises as well, but that is not how markets work. As long as the year long trends remain upwards, I have no problem with it. Its my retirement plan, not drive a lambo this year plan. We could be at $10000 right now if BIP141 activated as it should have, but no, Roger Ver, Jihan Wu and the rest of the corporate takeover camp had to come and ruin Bitcoin's amazing performance. Now we are going to crash, and we are going to crash big, thanks to them. They are the most hated people in the environment, we need to get rid of them. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Ruderalis on July 15, 2017, 05:20:16 PM Bitcoin has died 140 times: https://99bitcoins.com/bitcoinobituaries/ (https://99bitcoins.com/bitcoinobituaries/) ::) Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: ankit10 on July 15, 2017, 05:27:27 PM Hordfork is the reason of this big dump and this 1st august may be change the face of bitcoin world and coin.
You should wait now and to see market on 25 to 29 july if thr price get dump then don't buy and if price has not affected at large then sure buy some bitcoin and buy some bitcoins after 1st august. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Rinder on July 15, 2017, 05:40:37 PM Almost all altcoins jumped with bitcoin, a lot coins had raised 5-50x just this year, its normal that all those money is returning to bitcoin, since all coins are traded against bitcoin, and it wont change, market is speculating some possible cenarios, in the end bitcoin will be stronger.
Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Jarkss on July 15, 2017, 07:03:02 PM I see a sharp drop on bitcoin and not only btc but also other alt coins including eth, xrp, ltc, xmr What cause bitcoin drop now? or should I say the sudden coin drop of all. Can anyone share some news? Should I buy now? It's pretty low already or wait for a while. thanks guys. Its normal nothing really to worry about. If you are planning to buy this would be the perfect time, each time it drops buy little and little. The reason is very obvious people are confused and sacred of August 1st.they just don't know what's going to happen and they are running here and there and selling it in panic, that has led to more supply than demand and that's why the fall. Till august 1st the fall will continue, then Boom Boom rise. yah I think so Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: cpfreeplz on July 15, 2017, 07:07:18 PM Almost all altcoins jumped with bitcoin, a lot coins had raised 5-50x just this year, its normal that all those money is returning to bitcoin, since all coins are traded against bitcoin, and it wont change, market is speculating some possible cenarios, in the end bitcoin will be stronger. There are a few altcoins that will stay strong as they have large followings but the ones with small followings will just collapse back to a few satoshis where they came from. There were lots of pump and dumps happening in may/june and this is a major correction for the whole market. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: mayax on July 15, 2017, 08:04:48 PM The drop is because bitcoin is useless.. Perhaps I should say welcome back to planet earth, because you seem oblivious of how Bitcoin have pioneered a revolution in the financial sector that ICOs could now so easily raise hundreds of millions of dollars all too soon they're up for grabs regardless they're springing up like mushroom everyday. Now a landmark event is in view for Bitcoin and evidently the steam is turned down as most bitcoiners are marking time and evidently you can see the spiral effect on the altcoins. If Bitcoin were half as useless as you hinted, one would have expected money to flow into altcoins from Bitcoin, but what do we have - common heritage. Whatever affects Bitcoin goes to affect all. ICO = the new ponzi schemes/HYIPs :)) nobody will make any money except those who issue the ICO. there are many, many idiots on this planet. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Adbitco on July 15, 2017, 08:26:40 PM Although the drop in btc price is normal as it keeps fluctuating all the year but this time it's fluctuating and going down more because of Aug 1. Most of the people are suspicious as to what would be the future of bitcoin. But one thing which is sure to happen that those who are selling it are going to regret and those who are buying it will make huge profits.
Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: boost523 on July 15, 2017, 08:35:49 PM People are worrying about the split. I am not sure what the effect will be for split, but from what happened to ethereum before, it does not really do much on the price in a longer term.
Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Barcode_ on July 15, 2017, 08:54:05 PM I think the main cause of Bitcoin price to drop sharply is mainly due to the reason of panic selling by some investors, with all the rumors spreading online that a split is going to happen on august 1st, some investors that believed in it are cashing out their bitcoins into fiat money with the fear of their bitcoins becoming worthless should a split happen.
Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Mia Wallace on July 15, 2017, 09:00:05 PM Almost all altcoins jumped with bitcoin, a lot coins had raised 5-50x just this year, its normal that all those money is returning to bitcoin, since all coins are traded against bitcoin, and it wont change, market is speculating some possible cenarios, in the end bitcoin will be stronger. If the money is going from alt coins to bitcoin then the price would have increased for bitcoin ,so that is not the case,every coin came down and i think the only reason would be because of the BIP upgrade and people are panicking ,other than that there is no other reason for the current situation.Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: darkangel11 on July 15, 2017, 09:18:23 PM Hordfork is the reason of this big dump and this 1st august may be change the face of bitcoin world and coin. Another great opportunity to stack up before the fork. If it ever happens it will be a trade of a lifetime:You should wait now and to see market on 25 to 29 july if thr price get dump then don't buy and if price has not affected at large then sure buy some bitcoin and buy some bitcoins after 1st august. Step one: wait for the Jihancoin to appear and be pumped, because they won't leave it as it is and try to pump for sure. Step two: sell Jihancoin and profit. Hold original BTC and profit again. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: puddlejumperzz on July 15, 2017, 09:26:12 PM Every time it looks like the drop is over, it starts again. Bitcoin and ETH are at critical support levels right now.
Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: OROBTC on July 15, 2017, 10:04:33 PM ...
To me, it's all a probability thing. I am betting (I don't know anymore than anyone else here) that Bitcoin will likely get its scaling problems resolved by August 1 (or be very convincing that a good solution is coming really soon). If that is so, BTC prices will likely go up again, probably pretty quickly as confidence is restored. Of course, if the developers and miners screw this all up, anything can happen (bad). But there is so much money at stake in BTC remaining viable and with its high price that I believe sanity will prevail, and we'll be OK. Buy (with funds you could afford to lose) at BTC under $2100. I will as soon as I am in a city (soon, on vacation). Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: megynacuna on July 16, 2017, 06:07:19 AM ... To me, it's all a probability thing. I am betting (I don't know anymore than anyone else here) that Bitcoin will likely get its scaling problems resolved by August 1 (or be very convincing that a good solution is coming really soon). If that is so, BTC prices will likely go up again, probably pretty quickly as confidence is restored. Of course, if the developers and miners screw this all up, anything can happen (bad). But there is so much money at stake in BTC remaining viable and with its high price that I believe sanity will prevail, and we'll be OK. Buy (with funds you could afford to lose) at BTC under $2100. I will as soon as I am in a city (soon, on vacation). I couldn't agree with you the more, it's likely going to be back up again after August 1 and all the doomsayers are going to swallow back their words as this hasn't been th first time Bitcoin has gone through such turbulence. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Victorycoin on July 16, 2017, 06:24:28 AM Have bought BTC at this price..If fall more will by more latter. 150-200 usd would be a great price :) Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: StevenRA on July 16, 2017, 07:53:51 AM It may well continue to drop. Worth pointing out that it's still holding value better than Ether and others, which have dropped much more steeply.
Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Pursuer on July 16, 2017, 08:01:52 AM ah, the FUD, the panic sells, the shorters, all the annoyance is true if you look at the glass half empty. this is all a game to many who are trying to make more money from bitcoin. the games they play with the price and the scaling is just a toy that we gave them.
soon this game will end when we get SegWit activated and they will start playing a different game when there is a sharp green candle seen on the charts when price shoots up just because everyone finally figures out the mistakes they have made to fall for the game. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Smarty14392 on July 16, 2017, 08:09:02 AM because of August 1 BIP48
I thunk the bitcoin price will continue falling down and it will rest below 1500$ at the end of this week. But after August 1 it may take a sudden jerk orelse it may also get much low. We can wait and watch what happens after August 1. If you want to purchase bitcoins, you can wait a little more untill the price is dropped more and then you can purchase it when the price is quite low. According to me, purchasing bitcoin in some days will surely be profitable. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: BarbieCasino on July 16, 2017, 09:47:33 AM wow, thanks sir glad to have your comment, it helps a lot before deciding :) yes my humble opinion about your post is that if you bought bitcoins then you did a good job because bitcoin is now the most wanted currency and people wants to buy bitcoin but the availability of bitcoin is short now a days you are so lucky if you bought bitcoin and you have bitcoin with you now you can keep your bitcoin save till the most high price i accidentally bought coins in a high price, so i think ill wait a while for it before i can sell it in a fair price again. I think there's a lot of changes because of the coming segwit Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Sarah08 on July 16, 2017, 10:02:25 AM I see a sharp drop on bitcoin and not only btc but also other alt coins including eth, xrp, ltc, xmr I guess until august 1 the bitcoin price will continue to go down because i guess a lot of investor is afraid to take the risk in august so they are selling there bitcoins and the holders is getting low that cause the bitcoin market value to continue to go down but also i also predict thay the bitcoin price will pump in august.What cause bitcoin drop now? or should I say the sudden coin drop of all. Can anyone share some news? Should I buy now? It's pretty low already or wait for a while. thanks guys. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: JohnBitCo on July 16, 2017, 10:19:33 AM Bitcoin price will keep falling 2 weeks more. For sure there is a good buying opportunity there. 80 % of the marketcap of total crypto market comes from the people who just joined for gain reasons and they have no idea about how cryptocurrencies work. and they even dont understand how come they can have intrinsic value. but it doesnt matter for them because they earn money. However if prices fall they are first to abandon the ship because they think the price can go down to ZERO. no surprise that price falls sharply. But it is a good think for the people who has a deep understanding of world. Many investors think that bitcoin is a ponzi. Thats true actually but another fact is that Fiats, governments even the college degree is a ponzi as well. think about it No matter how they treat it, the real investors will always take this as a positive sign to buy more coins which they are cheap. One thing which is missed by most is that bitcoin is digital currency and future is only of Digital. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Casdinyard on July 16, 2017, 12:25:51 PM because of August 1 BIP48 I thunk the bitcoin price will continue falling down and it will rest below 1500$ at the end of this week. But after August 1 it may take a sudden jerk orelse it may also get much low. We can wait and watch what happens after August 1. If you want to purchase bitcoins, you can wait a little more untill the price is dropped more and then you can purchase it when the price is quite low. According to me, purchasing bitcoin in some days will surely be profitable. Yes this is the the best opportunity to buy coins and get some decent profit. Many are afraid what will happen if the chain will split and if bitcoin will dump or become less valuable. But I think bitcoin will never get that too low as many known investors are into bitcoin and they will not let happen to lose precious coin in just because of the activation. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: micher143 on July 16, 2017, 01:01:15 PM I see a sharp drop on bitcoin and not only btc but also other alt coins including eth, xrp, ltc, xmr It is said to be and also brought by news, rumors and speculations that it is due to the upcoming event which will happen within a week or two weeks from now which is Segwit fork. It is still a mystery for everyone of what will happen before and after the said event. The sudden price drop of bitcoin value must not alarm us users because it will suddenly pump up to normal or the best thing is that it will reach its highest price peak.What cause bitcoin drop now? or should I say the sudden coin drop of all. Can anyone share some news? Should I buy now? It's pretty low already or wait for a while. thanks guys. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: BitcSeo on July 16, 2017, 02:02:44 PM Bitcoin prices will decline due to the many investors who fear will occur segwit in August. Most of them sell their bitcoin because they are afraid of losing a lot. I think you have to sell some of your bitcoin, not everything .. leave half. Because bitcoin will return to normal after August. Use this to buy bitcoin. So that later you earn a lot of profits when bitcoin prices back to normal @Zemangat, point of correction, most investor's will not sell their coin. They will hedge it into other precious material's like gold,diamond..ecc whose prices are more stable until there is little assurance & confidence of trade/saving within the bitcoin niche Thanks Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Vikingr on July 16, 2017, 10:00:21 PM Bitcoin price will keep falling 2 weeks more. For sure there is a good buying opportunity there. 80 % of the marketcap of total crypto market comes from the people who just joined for gain reasons and they have no idea about how cryptocurrencies work. and they even dont understand how come they can have intrinsic value. but it doesnt matter for them because they earn money. However if prices fall they are first to abandon the ship because they think the price can go down to ZERO. no surprise that price falls sharply. But it is a good think for the people who has a deep understanding of world. Many investors think that bitcoin is a ponzi. Thats true actually but another fact is that Fiats, governments even the college degree is a ponzi as well. think about it No matter how they treat it, the real investors will always take this as a positive sign to buy more coins which they are cheap. One thing which is missed by most is that bitcoin is digital currency and future is only of Digital. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: ice098 on July 16, 2017, 10:34:13 PM Bitcoin price will keep falling 2 weeks more. For sure there is a good buying opportunity there. This could be in this month only i believe that by the next month it will be good again and we will bring back our profit in all our investment in btc and in alt. Lets wait it now.80 % of the marketcap of total crypto market comes from the people who just joined for gain reasons and they have no idea about how cryptocurrencies work. and they even dont understand how come they can have intrinsic value. but it doesnt matter for them because they earn money. However if prices fall they are first to abandon the ship because they think the price can go down to ZERO. no surprise that price falls sharply. But it is a good think for the people who has a deep understanding of world. Many investors think that bitcoin is a ponzi. Thats true actually but another fact is that Fiats, governments even the college degree is a ponzi as well. think about it Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: jzale on July 17, 2017, 12:23:03 AM Reading all of the opinions here is reassuring. I'm thinking of what really is the right thing to do with this segwit coming on August. I should keep my coins and buy some more since there is a guarantee that the bitcoin will rise again. Just patience and faith guys! :)
Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: ayeshajum07 on July 17, 2017, 11:03:37 PM Speculation on the segwit are the most common cause of the descending value not only in bitcoin.
Anyone are worried on what would be the outcome after the segwit. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Phyton76 on July 17, 2017, 11:08:04 PM I see a sharp drop on bitcoin and not only btc but also other alt coins including eth, xrp, ltc, xmr I guess the main reason is because there are so many investors was afraid to lose there money in bitcoin because august 1 is already near so a lot of investor i guess sell there holding and then the price continue to go down and then a lot of investor again reinvest because it become dump so the price again back up to average value.What cause bitcoin drop now? or should I say the sudden coin drop of all. Can anyone share some news? Should I buy now? It's pretty low already or wait for a while. thanks guys. Title: Re: Cause of Bitcoin Drop (7/14/2017) Post by: Siren on July 17, 2017, 11:08:22 PM Speculation on the segwit are the most common cause of the descending value not only in bitcoin. Anyone are worried on what would be the outcome after the segwit. Yes, the segwit2x really cause a lot of panic to most of us and plus you will see a lot of media buzz around it sowing more worries to the casual investors. It bring chaos to the market causing a big dip in price. But today it looks like a positive price. Maybe a lot has been buying bitcoins again because the price is low and cheap. Let's just wait once everything has settled down if the price will dip again or it will touch $3000 again but this time, it will be sustain. |
