Bitcoin Forum

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

Its just some big whales dumping their holding or cashing out their profit from this short term huge rally, current pump on price was only supported by high speculation over comming hard fork so bigger dump than this one is quite guaranteed after the hard fork.

I think the previous rally ( of 12th & 13th October) was supported a lot by a kind a FOMO, and was not based on real demand.

 Now, it's just a normal correction.  

 If there was real fear about forks, the price would go a lot lower

someone in Europe has bitcoin to sell - for whatever reason

have you even heard of the word "correction".
that is what's happening here. price went up from $4xxx level to $5500+ and now as the traders sell to take the profit, price comes down. in bitcoin whenever price comes down some panic and think it is the end, and probably some FUD accompany it which doesn't make thins easier either.

that means, price drops as you can see now. but as long as price is still in $5xxx level, it is not something worth talking about.

I don't think if Bitcoin is drop because scared of the hard fork. People are not afraid of it even they prefer to hold bitcoin to get Bitcoin gold later.

We are not sure exactly what is causing this drop. There was no specific reason just might be some dumping by few people ahead of the fork event as they may not be positive with the result this time hard fork can bring to btc value. But the price has slight started to gain and now at 5350$ from 5238$ which was couple of hours back.

I predict prices will drop after several days stalled. However it early. very easy to recognize this is the sell to take the profit of the traders
We are very familiar with this, bitcoin prices will stabilize again

I don't think they are scared of the hard fork. Why would someone be scared if you are getting free money on the 25th? Maybe its just a price correction that we have been witnessing today. And its not just on bitcoin market. I think the whole crypto is seeing a Tuesday or Wednesday bloodbath. But no worries, this price correction is inevitable, and you know what's next after this? Another bull run so just hodl on your bitcoin and don't panic mate.

Totally expected. The recent crazy rally (almost up $2000) needs a correction. I think we'll be under $5000 soon for some weeks before going up again. The community is not scared at all to the fork, it is not anything close to the Aug 1 fork in terms of economic split risk. But not entirely sure that the Gold fork will cause a rise due to people want to claim free forked coin either.

Just chill for now, the Bitcoin rocket needs refueling! We're still in a good uptrend. I also believe Bitcoin will hit 5 digits USD next year. Let us hope my prediction comes true.

No any price rally like the recent one can last forever, small dump after a huge price surge in very short period of time is quite common in bitcoin. Every dump or price correcton like this one is good time to make your entry into bitcoin.

Nice for you to predict the price going down today. But yeah, the prices has been in a lot of swings as of late and its easy to see that a correction is bound to happen in the future. If you are here in the market that long, you will see signs from afar. That's why we are more familiar with it. However, newcomers usually are shock with this sudden price movement and panic ensures.


Right. We should thank that it was a good run and passes the $5000 mark without a significant drop. But now since we are getting closer to $6000, its usual that maybe traders are cashing it out to make money. And this is a good entry point as well. Let's just see tomorrow if the trend continue. I'm positive that we are going to see nice gains tomorrow maybe around 2-4% increase is not that bad.

It's probably the pullback to the breakout level around 5000.
It's all about support and resistance! Once we broke the resistance of 4950-5000 and climbed to new ATH it's always a question of time because the old resistance gets tested to see if it's build a new bottom, support level.
Be glad this is happening now. Remember the last big drop down to 3000?? The crash was so big because we hadn't tested this level! And when markets start to panic sometimes it continues to drop even further. Good that it didn't happen last time, but still it was pretty big drop.
So right now this is normal market behaviour and I wouldn't be worried too much.
We will test the 4950-5200 area imo, oscillators get a reset and then we may continue moving up again.
What I have left out here are the coming forks of course.

Does it mean there is no need to worry and the price will rise again?

It's likely to be just profit taking. Bitcoin went up like 20%+ in just a couple of weeks. Stuff that goes up too fast tends to go down fast, so people take profits from time to time.

BTC price rose too much too quickly, it was inevitable a correction would occur, many people do not expect large returns from the fork and they're getting out beforehand.

There is no special reason why btc price dropped today. Retraction of this level is normal when a lot of actions occured in the past few days. In the whole history of bitcoin and crypto, corrections are common when there are crazy price movements that have happened so people getting scared by the hard fork is not the real reason for btc's dropping price. Therefore, the chance of btc price dropping more I think is less, better hold what you got OP.

yes probably but not all because i heard that you can recieve bitcoin gold/bitcoin2x in your wallet or on some online exchange equivalent to your current balance left after the fork if only you dont withdraw or move your balance yet. but there were still some people are scared and nervous thinking that their remaining bitcoin on their wallet will lost or something bad will happen, thats why they are withdrawing it early as posible or before the fork happens.

maybe its correction price before the fork because I see in bittrex and poloniex, it seems the trends is going down, I am not sure how much it will drop but I hope the price is not below than $5000. we are now at $52xx and still going down, the line show down pattern and in the other side, altcoin give positive respond to this and some of the altcoin is going to increase. the highest price so far is $57xx so we can hope if this is the correction, then the price will increase back and even more higher than before.

The current price is indeed decreasing and bitcoin prices are already under 5500 $. but I'm not worried because the decline of this amount is fairly normal and not too significant. there are still plenty of opportunities to see higher bitcoin prices. hardfork does make some people panic because we know that when bitcoincash is formed first, bitcoin prices have decreased significantly. but in the end the price increases again. we must have a good level of patience and I hope all traders in the world today do not take excessive sell actions because to avoid price drops that are too over in the market.

For those who believe in the TD count, we just got a 9 on the 4 hours chart

a correction, it happens everytime after a big spike in the price, we might fall to 5000$ or even lower by the end of the week. Just know that this was bound to happen and it's normal. For now, you can chill and hold your coins, or if you're smart, buy some more coins.

Simply a correction, price spiked too high too quick. Expect the price to settle down somewhere around about 5k, perhaps lower if BTC gold really is as bad as some expect.

agree with you sir , this is not worth talking about , bitcoin just down 0.3% just made the topic , bitcoin does not died that easy , if bitcoin down to $1000 well this is new good news for me , getting dump the bitcoin is actually good for companies that have big money and are investing in bitcoin

Why can't the market not just experience some normal volatility? From the all time high that we reached some days ago, it's not even a 10% decline to where we stand right now. People should really start to look at the actual facts instead of asking why the price is going down. At current levels when the price goes down with $500, it looks like it's a lot, but in reality it's not even a 10% downward movement. At some point when we're hovering around the $20,000 level, the same 10% swings means that the market goes up or down with $2000. Back in the days these 10% were just a $40 to $50 movement, but we're much further now - learn to adapt to the current market.

It's trading business it is not gonna be always rising price its only natural not that I am that you not worry about but not worry that much because again it's only natural for the trading industry. Maybe because people are not in the mood for selling their bitcoin because they want to keep it for a better purpose or maybe their just waiting for the price increase. Either we should just watch the increase/decrease of bitcoin.

correction and some whales cashing out their big earnings and then wait for another opportunities as they knew that when newcomers see that the
value is moving down people will start to panic and they can grab those dumped coins again and pushed the value up, wise assessment is needed
if you are already trapped better to buy more while the value is cheap.

We can't expect bitcoin price to keep rising every day?It's simple some people are cashing out their profits but my prediction is price will soon hit 6K$ before upcoming BGold hardfork.Whales always benefit from week hands and nothing new is happening today.It's same thing and other alts are dropping too because they are too dependent on bitcoin price. :)

In the first place, the drop is expected as always so this is just a normal scene whenever there is a strong pump happening. No reason at all except for usual dumping activity once panic was triggered.

Although past performance can't always guarantee future results, we must take that past performance as reference so that we have an idea why such a price drop will happened on the way.

A few days ago everyone was saying that the reason for the big Bitcoin increase was because of the upcoming hard fork because people wanted as much Bitcoin as they could get so they could get the forked coin as well.

So I don’t think the drop is because of the hard fork. In fact, the price rise may not have been due to the hard fork either since it’s still a week away.

It’s most likely that the increase and the drop are just the normal fluctuations in Bitcoin price. When Bitcoin has a big increase, it is often followed by a correction.

No, i doubt that the hard fork has anything to do with the actual price drop but i am pretty sure that it is related to big whales cashing out for some profit.
I think the price will increase again after a short time.  ;)

It's a simple move that the whales are doing, they are getting their profit altogether so that made the price lower because the supply of bitcoin is starting to have a lot again in the circulation. This will probably the last dip for this month as we are new to the hard fork of bitcoin gold.


No, they are not scared by the hard fork. It's just trading and profiting out of the peak of bitcoin's price and you have to expect this in the future that when the price of bitcoin is pumping, there will be profit takers that will sell their bitcoins.

I definitely agree with you buddy. "Its just some big whales dumping their holding or cashing out their profit from this short term huge rally..." It will reach and possible even break through $6000 by December. The price drop is healthy and there is no need to worry about it.

Yes, it is not possible for the price to just continue rising. That's just crazy. It's normal for the price to go down a bit every now and then. This is why there are panic sellers. When there's a small price drop, some people lose their mind and sell or dump their coins in an instant because of the fear of losing their money. We shouldn't worry about this too much. Over the year, the bitcoin price has experienced numerous fluctuations yet its upward trending.

I'm not sure what to expect by the time the fork comes. It's possible to go up just days before the hard fork, but it may not break $6000 just yet.

Its just normal movement of the price of bitcoin because there are people are satisfied what is the price and there are people are afraid what will happen after the fork since the first fork of bitcoin is successful why we need to be afraid?
I still believe that those who are selling bitcoin are those people who are bought bitcoin in cheap price or 3k level or those people are whales.. but i think it will be the last drop and people will invest more before the fork..

I think its all over. Bitcoin has recovered quickly and bounced back to $5500 and the rally is still going on. With that said, I think it will moved on another upward trend after yesterday's consolidation. We may see that the price could really go higher than $6000 now. I'm very positive that after this ensuing price correction, we are heading to new ATH leading to the day of the hard fork. Will continue to hodl and wait for my prediction to happen.  ;D

 I think why the price of bitcoin decrease because they have doubt in the mind of the invetsor because the fork is near so the price of bitcoin decrease . I dont know what is the other reason but I hope the bitcoin price will increase again so we can make a lot of profit. But dont worry for sure after the price decrease after few days it will recover again ti the high price and we will see bitcoin price at 6k dollars.

There are a lot of reasons behind this immediate price drop yesterday, and its hard to pinpoint the exact reason why suddenly a lot of people just started to dump it. Maybe they just thought of cashing it out, or just moving their profit to other market like stock. But today, the price has already rebounded and its going on a positive direction. I'm hoping as well that the price could go as high as $6K before the fork because it will be another ATH and achievement for all of us bitcoin enthusiast. One thing though to remind everyone that we don't need to worry because investors has trusted bitcoin and we will not let the price go sub $5K again.

Unexpectedly the price of bitcoin increased again a few hours ago. the price is back on track to 5,500USD. this is an excellent improvement, I see an opportunity for higher bitcoin prices than it is today. the decline that happened yesterday is just a dump in my opinion, this can be seen from the activity of transaction volume in the exchange that is not too big. but we are lucky enough that bitcoin is not corrected much deeper. oh yes maybe just shortly before the fork, we must be smart to analyze and take the decision to avoid losses.

Don't invest on bitcoin if you have weak hands, there is always price fluctuating, Don't worry about them, I almost dumped 40 bitcoins which are not entirely mine :D But I remembered that I never bought any bitcoins above $4500 so when the price is above $4500 I have nothing to be worried about.

For what have the result on the last August(bitcoin cash fork), I doubt they’re scared for the bitcoin Gold fork as well as the segwit2. Why? because nothing gonna change bitcoin is still be on top on the market chat whatever forking will come. Those who sold might be just the small investors and users who badly need cash out for daily needs. Whales are also manipulating it and trying to change the bitcoin perspective.

I also panicked yesterday so I sold a few percent of my assets, I do not know the exact reason but I assume it is a correction and probably will drop further, but quite happily the bad things I think did not happen, and bitcoin prices increased again, hopefully there is no severe dump ahead of the hard fork later.

people are panic selling since it came down over $5800. so they think that they can make more profit if they sell now and then buy again when the dump happen before the fork. Actually I sell mine when the price of bitcoin is $5700. and now I'm waiting till the bitcoin have a dump and then im gonna buy bitcoin again.

Yesterday the price of bitcoin went down. I thought it was the beginning of the fall and prepared the dollars for the purchase of coins. But everything has changed dramatically and the price has recovered again. I wonder what will happen after October 25

It is a correction nothing more, the price was really high and it was impossible for the price to keep that level for too long so now it has receded to a level that is going to be easier to maintain.

Probably users buy into altcoin because altcoin has drop down the price. Maybe some correction too, and for sure it will recover. So no worries, this is normal in bitcoin value price may increase and decrease.

I have predicted that prices will stabilize back but again it's recovered so fast. It's hard to continue to be able to predict the price during this period

Usually, a drop in transactions is associated with a drop in price. But there's no clear case when were the right time to buy or sell bitcoin. Maybe bitcoin has not yet seen wide adoption for day-to-day transactions but the number of transactions occurring across the globe has been rising. Though rumors spreading about dropping of bitcoin's price but people still keep hold on it. People are not scared of hard fork.

There are always questions about the value of bitcoin in the future, and you can not be sure about it, or in other words, you can not make your own decisions. Take a look at bitcoin, it is too stable after a split, and it will always be stable in the future.

Till the next year, mostly the price will be volatile, the upcoming fork might and will dip the vale and again after its success we will see the rise. And nearing to Jan 2018, stability might be seen. But BTC can never be stable like Gold, atleast not in near future. Usually the dips are correction and slight consequence of sell off also.

every time the bitcoin price drops, it will not last long, after a week after the drop, bitcoin always gives extraordinary acceleration, bitcoin always doubled when found the price drop, so no need to panic if kuta able to have their own conclusions about this bitcoin, enough hold until when bitcoin can return to give a good profit,

price only down but now it is start rich to highest price 6,000$ for first  time

Well I’m not agree that the price is drop its true that the price is little down but its apart of market exchange some time it will be high and some time it will be down so I think no need to make panic its normal and I’m sure end of the year the price will go high and the investors can take a very good advantages of it so no need to focus on the price this time.

People aren't scared. It is normal with market. Always remember that whales are usually involved in controlling market prices, apparently they have so much to do that, which is how they make profit from it.
Nevertheless, it is always surprising how people react less to huge value spike but let it reduce a little, then worry kicks in. Price shot up from $4500 to $5800 few days ago before breaking the present thresh and no one complained and then it dropped a little with about $600-$700 and people got scared. SMH.

I think why last few days the price of bitcoin decrease because the people panic selling because they have doubt in their mind that bitcoin price will decrease because of the fork. But if you see the price of bitcoin is already 6000 dollars so if you sell your bitcoin you lose some profit. But Im happy again because the price of bitcoin increade again and I hope it will continue to increase.

I guess that was for some "Minor Price Correction" issue. The market will go bullish again in no time. https://www.bitcoinmarketinsider.com/bitcoin-and-ethereum-price-takes-minor-correction/

These drops in price are completely normal. People are just taking their profits along the way when the prices have risen up by too much in a short period of time. If it doesn't happen now that'll just mean it'll happen some other time in the future.

Price has recovered and broken $6k again, which means that we shouldn't be seeing the end of the bull trend any time soon.

Basically bitcoin price that dropping, of course it's because many people are selling bitcoin it has. Well it could be, because the opinions of each person had be different, they may be worrying in predicting the price that will come down at a time when a hard fork occurs and will result in a sustained decline. But maybe also many people who think $6000 is the point that should be used to sell it.

I think this is normal that bitcoin will slightly drop sometimes, that you should not expect that bitcoin price is always climbing up because if you do you will not become a good trader in the future. This normal dropping have many reasons like sometimes people are in need of money that they need to sell their bitcoin or others would try to invest in altcoins because they found out their is promising that they could earn more and maybe others are get bored in crypto currencies trading that they will shift to another field of endeavor.

I agree with you. very easy to recognize this is the sell to take the profit of traders. We are very familiar with this. However this is new for newbie. newcomers usually are shock with this sudden price movement and panic ensures. I think the price will stabilise again about a week after the fork took place
 

It happen usually if there is rise, the next move will be a drop and it's normal that if there is a fork the price will go down. Coz people might think the price will go down, as usual they will be panic selling again. Rise, drop, all is normal and that is how btc price works.

Most bitcoin users believe in sustainable growth. It does not happen. In the early years all dreamed to bitcoin reached the price of $ 2000 by the end of the year. Now panic because the price fell below $ 6,000. Don't you think that's funny? My advice take care of your nerves and enjoy the ride.

Haha :P It not for the HardFork. It's natural for Bitcoin. And It will pump soon. Yes, some people are really scared for the HardFork. But I think nothing to have worried about HarFork.

I think this is perfectly normal, not worrisome, bitcoin goes up too fast, so it can not stabilize, the price goes down is inevitable, if it constantly goes up, it will fall pour

Probably that is the main reason. As far as I remember, in the recent segwit2x last August, same thing happened, its market valu dumped before the fork and increase right after it. And maybe that's the reason why the value of Bitcoin is stucked at 6000$ and will also probably increase after the fork and make it possible to reach 7000$ before this year end.

The way that price dumped (and alt prices rose) immediately after the BTG snapshot suggests that some people were holding BTC to get BTG. After the snapshot, they were free to dump again. Doesn't really make sense because it's just a scamcoin, but there was a lot of hype around it. I don't even understand how it's trading on Bitfinex, since the blockchain isn't even public yet. The blockchain might not even exist yet...

Price corrections will surely happen specially when we saw up sudden price increase on bitcoin which i do see somehow that it is being hyped because of the fork event and now it has been done and the price tends to go lower again and as you said people or investors will surely taking profits as of now and yet cant be considered as panic sell though.

Fall down of bitcoin value in the market was normally happen due to hardfork coming, more of the users were hold their balance in their wallet to secure their value and they believe that after this segwit bitcoin price is going back into increasing trends. But for me it's better to withdraw you balance because I'm sure that after hardfork bitcoin value will going into deep. I think this fall down of bitcoin value is the best opportunity to invest.

You're a new guy here. Eventually you will get used to see these big oscillations in the price of bitcoin, since those who have followed closely the performance of bitcoin (and most of the criptomonedas) have been able to witness drops of 10, 20 or 30% in a matter of days. Fortunately, in all previous cases the price of bitcoin always ends up recovering to continue its bullish trend.

That pretty much explains it all. The drops in pricing is normal after a huge rally or bull run. The price will spike or  peaks then eventually normalize at some point.

Well you are right, this is a normal thing for bitcoin. People are afraid of hard forks making them sell all their bitcoin until prices drop significantly, but not all of them are worried because of the hard forks. I am not worried about the coming hard forks.

reason is BTG  many sell BTC to get BTG

I think one of the reason why BTC price drop is due to the uneven movement of its mining cost. Once you have mine close down, they tend to unload their stored bitcoin which cause chain reaction. I think the future of bitcoin is very bright. However that does not mean that the price of bitcoin will go up or down. One might argue that the market is going through its long term growth correction, but there is a chance it could be in for a deeper fall.

People already sell their bitcoin because of incoming Hard fork. They think that hard fork will happen on Oct 25, but it did not happen yet. I think the next hard fork will happen on November. I also think that bitcoin will still rise after dropping the price after the hard fork, that is my opinion.

We'll pump and dump were usually fine, i just don't know yet about the fork why it's being moved i thought there's just problems occur that day ,well will see it later in some threads. The price will continue to rise as long as the btg fork were not ved but will always recover.

I think there no is no hard fork happen yet since price of bitcoin is rising now. Maybe a lot of us thinks that Hard Fork will happen on October 25, 2017. It is dropping because some of us are panic to lose their bitcoin if bitcoin price will drop.

Well I don’t agree with you its totally wrong information about bitcoin that the price is drop that why I always saying to the users of bitcoin that check the price of bitcoin on daily base if you see today price of bitcoin its very good and high so I think we must stop misguiding the people about the price of bitcoin and now a days it’s going more high than this.

For your information hard fork happened on October 25, 2017 you can search for bitcoin gold on coinmarketcap, it is one proof that hard fork have been finished already. Price movement and forking of bitcoin is not related with each other and a rising price ain't sufficient reason to say that hard fork has not occurred. Price dropping is a normal occurrence in bitcoin's movements when FUD's are spread out specially at times when one can easily insight uncertainty on Bitcoin.

why do not you agree, for me it all happened. something normal is that if bitcoin rises it will decrease, and so on until bitcoin runs out there. then what basic thing makes you think that bitcoin will forever rise? maybe if Bitcoin prices continue to rise will never happen panic selling and so on. this is the nature of bitcoin fluctuations

Maybe because of the issue regarding the bitcoin gold that's demoralizing the image of bitcoin in our society today. These scammers does surley make a damage to the impression of each individuals of the society regarding bitcoins.

this scenario is normal bitcoin is always fall even before  and also no one can speculate when will be the bitcoin will go up and down but i know that there are some reason why bitcoin always fluctuate such as the demand  of supply in the market.

No it’s not true I’m not agree with this bitcoin price is high that why I suggest to everyone to check the price of bitcoin every day in order to we don’t involve in wrong information’s and bitcoin price will be more high in couple of weeks so always believe in true statements about bitcoin because bitcoin is such a currency which give hope not disappointment.

Are seeing the price first dude. 2 weeks before bitcoin price was around 6k US dollar but now almost lower than 5900 USD only so we have to see that bitcoin price closely give quote in any thread.
Price drop usually happens whenever the hard fork, reduction of blocks size, reduction of bitcoin supply and so on. I say you should not care about the bitcoin's value at anytime just buy whenever price falls down.

You can't exactly figure out the reason because Bitcoin trading is unpredictable. Because Bitcoin trading can be very high or low in price in a short amount of time.

ANd now, price is going on a bull wave once again.


The thing with bitcoin is not that it's unpredictable(it is to an extent but it's just as unpredictable as stocks in my opinion), but the fact that bitcoin price often swings from being bullish and bearish, even when the overall trend is bullish.

Just don't get too positive when the price is bullish or too negative when the price is bearish.

Dumping and pumping is very common matter.
Its true that recently the price of bitcoin went down but now bitcoin able to recover its price and hit 6k dollar.
Because of bitcoin is getting popular day by day and now people would like to investment with bitcoin and so the price of bitcoin is pumping day by day

I hope you bought at that price, bitcoin is now trading above 7200 and if the experience with the previous forks is right then that means that bitcoin is going to up even higher since there are still some forks we need to go through.

yes, it's all a common problem. up or not, it is a common thing. there are people who expect bitcoin prices to fall, and some are hoping otherwise. but for now, I think a lot of people are expecting bitcoin prices to go down, because if that happens, they will definitely buy it in bulk.

What do you call the price of Bitcoin not high? I think that your method of measure should be the time and money that miners will spend to extract 1 Bitcoin.

Its only natural to fell down after the uprising of the price of bitcoin because the logic is how do you supposed people will start buying bitcoin if the price of it continues at a high price, it will be difficult for buyers.

I myself is scared about this upcoming but it's happening so we just have to go with the flow. The price seems to be good at $7,000 after seeing it went up at $7,300 and now there's a $200 dropped on it but it's not a big deal to me. It's now very far from my expectation and every time it drops only one reason is there and that is because many are selling.

The price is never constant. The up and down flow is all part of the deal. How can traders trade if the price only goes up? believe me, somebody somewhere is happy and knows how to work it when there is a drop in price.

You do not need to be scared. BTC isn't a speculator bubble, it will still be development in many years and will be valued more than today. A crash will happen but no problem.

It has dropped but it stopped after reaching 7100$ maybe that can be the stop level for bitcoin again i might be wrong in this but the charts are showing similar figures if the price can maintain this mark we will see it reach 9000$ by end of the current year

I'm not scared with bitcoin but with the fork. I'm worrying that B2x has a lot of support. I know that bitcoin can stand with it but the majority of miners are into that fork coin and they are showing the support to it. Well I'm not expecting a crash but a rally and a correction so the price will be dropping as soon as many are contented with the current profit that they can take but they will be back for sure after taking profit.

I don’t agree with you sorry to say today I buy a lot of things through bitcoin so the price was high then yesterday so I believe that we need to be positive about bitcoin because bitcoin is fast growing digital currency in market with high price so we need to support bitcoin because bitcoin is hers only for us and we need to play role for his price.

Even its bearish I don't think it wouldn't affect so much with the demand from new investors now, because its becoming unstoppable of its value to rise more better. We can't predict the price to what it may result but what is good for these following days, the price is not heading towards the higher value and we couldn't even analyze when will it stop. It keeps on surging and I am able to see the great possibilities that the previous speculations that bitcoin's price of $8000 will be a reality for few weeks of price fluctuations.

Bearish market will not last as well. Maybe the price could do sideways for a time being, but when the price pick up again.. ohhh, you don't want it because its another bullish run. LOL. Yes, no one can really predict the price whether to go up or down, so we need to be prepared as well. But as we can see with the price today, its very bullish, it can be a bubble but whatever happens in the future, the price will remain as good as it gets.

I agree, but whatever happens I can't drop down my savings in bitcoin instead I increased it because bitcoin value now is like a rocket launcher. It was rapidly raising up, some people are expecting of fall down of bitcoin but I think it was not happen.
In my speculation bitcoin value as increasing value until December end and another raising up of value on 2018, so I suggest to all users that stay hold your bitcoin in your wallet. Because there's a lot of increasing of price will happen.

No it’s not true I check bitcoin price this morning and the price of bitcoin was very high so I think everyone need to check the price of bitcoin every day in order to we can avoid such a wrong information and for a kind of information I’m sure that the price will not drop because bitcoin is now stable currency in world so its demand is very high now.

Bitcoin has been on a rollercoaster ride in recent times. though the past few days has experienced a more steady increase. I believe the market force of demand and supply has a crucial role to play in its upward or downward turn.

Is the rule now that the price can only rise in a linear fashion, or someone needs to post a thread asking what is happening?
The price is over $7000, up from about $1000 in January. A $400 dip isn't a crash or even something to worry about.

The price could actually fall at some point, it's happened before and it will happen again. From what level that fall happens is the only unknown.

i think its the effect of posting topics about the price of btc going down, some traders are selling their btc because they are worried of the news about btc price downswing, but i think this is just a plot, a trend to make btc gain momentum in the coming months especially december of this year. somehow there are disadvantages and advantages, that is how the game works you just have to play it wise.

This time the trend already turned into the bullish but i was expecting about the new ATH before the bitcoin fork. Consider about the little correction already passed and the more people will try to buy the bitcoin to prepare the hardfork of the bitcoin itself. Almost 2 days we are not able to trade our bitcoin in there. As you can see about the more people are waiting for that to grab the money that has fallen from the sky.

Btc has been up and down, price drops yes possible for the reasons of the hard fork event that it may dump or correction will happen. Users being wise and take the profit for them not to lose money, yet btc price will rise again for sure. This is happening always btc become up and down and we should ride with the train.

Maybe it has todo.with the demand since its market value is dependent with the demand that it is getting from the market. It appesrs that those who are selling their bitcoin is afraid to lose monehly because of the hardfork since there's a tendency that its mlvalue might drop if the outcome is not in favor with Bitcoin. Bbut they're totally wrong, they should take advantage of the backdrops that may happen and hold more into their Bitcoin.

Yeah certainly there is a possibility that the price of BTC will drop when there activities that would threaten bitcoin price like hard fork and segwit2X
because investors are very keen observance of the situation and forecasting ability but if think it positively it would be beneficial for the new player to invest because of low price it will open a new opportunities.

expect bitcoin prices to drop, but I do not think it will happen anytime soon. well, it will be very much the advantage we get if the bitcoin price falls, even more so if the altcoin price goes up. honestly, I have enough altcoin to sell, but now the price is down. I believe, with the fall in bitcoin prices, altcoin prices will surely rise.

Yeah nothing to worry about dumping 40 bitcoin that is not yours I think you are saying this to yourself, but anyway 40 bitcoin is a large amount that have been dump out of panic the owner must have been very angry with you after seeing the price of bitcoin today, in my opinion the price would still surge in value.

Because several people are selling their bitcoin and scared that bitcoin price will drop into big one might fall big but it won't happens because bitcoin is already made up history which is media and other social media are advertising bitcoin which the demand of bitcoin will increase again don't worry about it because it is part of bitcoin that the price might fall or increase instantly. Wait again for the right time to sell and buy bitcoin.

well, currently there is no sign showing the price of bitcoin will go down. well, on the contrary, bitcoin prices continue to rise. a lot of people are expecting bitcoin prices to drop so they can buy it in large quantities, but I think, for now, that intention must be undo first.

Where have you been yesterday? If you monitored the price of bitcoin yesterday, there was a correction and the price dropped to $6,950. And everyone has been waiting for that moment where it's a good advantage that everyone can buy some more by that time. Luckily, I never rant out or did panic selling and by looking at the charts today bitcoin seems to be healthy again and broke another ATH.

Well I’m not going to agree with his statement because there is no reality in this the price is very good and high so that why I will request to everyone always check the price of bitcoin in order to we can avoid these wrong statements because I really become disappoint when I heard about these kind of wrong information so check the price every day.

basically, when the bitcoin price falls, the price will rise again, even higher. aka there is always a segment to speed up transactions, and that will push up the bitcoin price. even though segwit remains in the retreat, bitcoin prices still remain stable.

The only reason why its market value drop is because there are people who are selling their bitcoin and it highly affects the demand that it is having. It has todo with the relation of demand and supply. The hardfork is also a factor why people are selling their Bitcoin and it might be because they are afraid that its market value might fall in an insatant so what they are doing is assuring that they won't lose money so they are choosing to sell their Bitcoin.

There's the sign now, check the price of bitcoin. It may continue to rise but there will be some hindrances and stop over before we see the green pastures. As of the moment, I do believe that the price of bitcoin will be hitting close to $8,000 after this dip.

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You said it right and this is what I'm waiting for. I did sold some at $7,500 and it's good to see that the price was down again so it's now buy back time.

This can be used as an buy back time. Every user doesn't feel the same. You have made the perfect selling at price above $7500, and now getting a coin will surely benefit as the price increase is incoming soon. Price hindrance is sure, but this time we see drops and recovering at time intervals without continued dropping.

Bitcoin price drop is a normal situation and is attributed to the forces of demand and supply which usually course the fluctuation of the market value of bitcoin in most cases. 

It's going to happen, we are now into price fall and many are upset on it especially the new ones. But for us that who did experienced this before for so many times, we know what's the attitude of bitcoin regarding it's price drop. We are just on the fueling stage right now so after this price fall it can skyrocket and rapidly increase again. Opposite reaction as always, rapid in increase and then it will rapidly go down but it will be on a better floor.

Yes it can used for buy back and I did bought back at $7,100 so it was a clean $400 profit. That's the easiest 400 bucks of my life and I don't have to work for that amount for half month, this is why I really like crypto especially bitcoin when it comes to getting a good and clean profit. But sometimes it's not a good decision because I'm selling too early when I think the price is expected to decrease.

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The price is starting to recover and it's now on $7,200 so I guess there will be another pump that's about to happen very soon.

^

No bump, just another big drop..

It's profit-taking. The price went up too fast, and the smart money is cashing out. When it bottoms at about $6000, people will buy again.

Nothing ever goes up in a straight line, and it would be healthy if bitcoin traded in a $6000 to $7000 range for the next few months.

Somebody turned the fucking lights out. This post above makes sense though, I guess this is probably a healthy pull back even if we don’t like to see it.

So what is the actual reason of the drop this time? it went down like 350€ in the last 24h.

My guess, some of the topheavy Bitcoin cash supporters dumped BTC while buying BCH, trying to create the illusion of a potential flipover.

bitcoin price depend on law of demand and supply so that not need reason to rise and down because it is normal mode for it ???

Its plain and simple. They are really cashing it out and taking home the profit from all the pump in the last couple of weeks. Really a smart moved for most traders. And then wait for the dump and the price to floor, then go back jumping to bitcoin again. As for BCash, I don't know, may they are really creating a illusion that its a coin worth more that what it is, but just be careful maybe big players behind are just waiting  for a perfect time to dump it as well.

I saw the bitcoin price and I am very surprised that the price of Bitcoin has undergone such a deep correction. maybe this will happen for the next few days, but when the price is still at the rates 6000USD up to 7000USD then I am quite sure with you that the price of Bitcoin can still be said quite safe. some traders will definitely make a decision, they will wait to be able to keep the Bitcoin price and try to sell in order to make a profit. We can see what will happen in the future and do not make panic sell action because it will make it all worse.

reduce number of demand because 2x fork cancelled and many sell them bitcoins

I agree with you that the price of Bitcoin  on the law of supply and demand . However, the shark can control the price because they are the largest suppliers
when they target profit and sell Bitcoins then supply> demand so prices go down

You can see,  the price of Bitcoin already dump around 6900$ and now 1 Bitcoin equals 6828.06 US Dollar. Possible to go down more but i Always believe in bitcoin and i think bitcoin able to recover its price within 1 month and  obviously can hit 10k dollsr or more in the next few months

No you are wrong the price of bitcoin in not get lower in the future because the demand or need of bitcoin is countinously increases by the people. So that the price of bitcoin is also rise in the future. There are equal opportunity of price of bitcoin it may be rise or it may be drop. But there are more chance to increase the price of bitcoin.

price now 5900 usd per btc
bitcoin  will fall more . We have not seen the real fall yet . bitcoin Needs to return to at least level 4000 usd

 

I think the price of BTC is down due to the impact from some investors are trying to push the price up. BTC price will increase again in the coming time. This point should keep BTC in your wallet

Just hold the same amount of coins in BTC and BCH.
If you're holding 1 BTC and 1 BCH, the cumulative value is still 7800$.

There was only a slight shift from BTC to BCH.

just allow those dumpers to enjoy and ride with the btc cash drama as expected things will bounce back to btc in the long run , time will tell and will
witness how bitcoin will rise back up again, we just need to hold and stay away from this current drama.

i  missed a big profit from bch , I did not expect this pump

you must sell bitcoincash now . because huge dump comming bch Raise enough .

probably bch will back to 700 usd

The dump has already coming, from $2100 to $1400 within an instant time or can be said, short time, so many people have already predicted this, there's no way that the price could just increasing that much if not by manipulation.
Maybe I'm wrong but atleast, the price has seem to come back normal again, bitcoin gaining its price and still recovering while BCH gets dumped again.

Also missed a big profit not selling last week at the ATH. Then Bitcoin got even lower because of people trading it for Bitcoin cash. This morning Bitcoin cash went up even higher, but then fell back. Causing Bitcoin to rise again. Soon Bitcoin will speed up and rise to even 8K. At the end of the year it will even repack 10K.

I also missed a chance to gain a big profit from bch, because i was not expected a big jump of bch, that's why i missed it. But now i take the decision and sold my 2 bch in 0.5 and see now bitcoin has been started to rise again. Its mean this situation of bitcoin fall is because of bch, but bitcoin is reliable coins, don't do mistake to sell the bitcoin because of little fall.

No it’s not true that bitcoin price is down today I check the price of bitcoin and its very good that why I always suggest to check the price of bitcoin every day in order to avoid these kind of wrong information so I think bitcoin believe a positive activity and we need to be careful about bitcoin because bitcoin here to help us and we need to support bitcoin.

Btc price drops because of segwit cancellation and most into trades of Bitcoin Cash. So this was the reasons why bitcoin price drops. Yes I agree bitcoin price will rise again and we can see bitcoin will go to the moon.

I think the Bitcoin price is now at its best, Bitcoin Gold is ready for use by miners. It's too late to invest in Bitcoin Cash, Bitcoin Gold is a good option for the late ones.

No it’s not true today I check the price of bitcoin and its price is high and since from last one month his price is high so I will request to every one check the price of bitcoin very day so you guys will know that what will be the price and what is the current status of bitcoin and as far as I know end of the year its price will be more high than ever.

It's in good shape at the moment and the hype of bitcoin cash was done already and if you want still to get some of it in the future well it's up to you.

I'm into bitcoin and there's still a possibility that whales will pump bitcoin cash or any other fork coins that will pull the price of bitcoin into drop.

Just for the record that if they don't want to use bitcoin cash for another pump there is bitcoin gold or they can use ETH for it.

Currently you can see btc price is increasing  and now 1 Bitcoin equals upto 7.9k US Dollar.  Bitcoin price is now increasing  so fast that i think it will be 2x of its price within the middle of next year

Yeah. Although We know that Bitcoin,  the world number one cryto currency and more reliable cryto currency  which is hit around  7.5k  but  now 6.8k and still dumping.  possible to Bitcoin price will  go down around 4/5k   

Any time bitcoin price very low it,s possible .because now btc price very amazing .and today end the bitcoin hard fork.so it,s very simple and possible bitcoin price drop.   

Because the cancellation of the fork that's why other people sell their bitcoin so the price decrease. But it's okay as of now because the price increase again and the price is already 7800 dollars and I think it's better to buy bitcoin and wait the price to increase and sell it to make more profit. More bitcoin that you have more money to come with you.  I hope the price will increase more.

The $ 7700 level is a very important feature, and Bitcoin constantly travels at $ 7700. Even when Etherum was $ 350, Bitcoin was at the same level.

bitcoin price unstable and now we see it in high range so that it is easy to see price up more than 100$ and down without any real/big reasons

We do not know about that the last time there was a crash the bear market lasted for many years, many people thought that bitcoin was not going to recover let us hope that just does not happen again but the possibility is there since that already happened once.

No it’s not true that bitcoin price is drop because today I check the price of bitcoin and its price is very high so I think before going to give any stamen about bitcoin we must check the price of bitcoin because I always see such a disappointing statements so I will advise to every one support bitcoin because bitcoin is here to help us.