Bitcoin Forum

Why Bitcoin is dropping ? who can explain me ?

and when stop ? any idea?

Supply and demand. The market is fairly irrational, the drop isn't a huge deal. Its still up 1000%

We are noticing frequent dips and recovery in price in this month.But mostly,we could see price not falling below $12,000 and retaining from it back to $15,000.So,instead of worrying for the price fall,we should use this opportunity to buy more bitcoins.

The price fall might be either due to people selling their bitcoins for the new year celebrations or some investors may have wished to enjoy some quick profits by selling bitcoins and buying BCH.

But immediately after the new year,we could expect a price rise in bitcoin as bch would get mostly dumped due to coinbase issuing free bch coins to its users.

I will start by answering your last question. I think the market will become more steady in the middle of next February. I believe the reason behind this fall is Christmas and New Year. People needed the cash for the festivals. The fall seems like a huge change but you need to remember it's value. It is really expensive so one little change can make a big big difference.

because now is the end of the year and everyone is in need of money for their new year with family, but next month in the new year bitcoin will rise again even more expensive than now

I think this just for the new year and crissmiss and people are just withdrawing there bitcoin into fiat to enjoy and use it on these occasion. I think other are just panic and don't wanted to lose there money so they are trading into different currencies and right know altcoins are more profitable than other altcoins s so i think they are just trading altcoins and waiting for right time to get into bitcoin.

True, the price drop may be caused by people who sell their bitcoin for New Year's celebrations or some investors who want to enjoy some quick profit by selling bitcoin and buying BCH by the end of this year ...

there are many things that can make bitcoin drop. loss of user trust to bitcoin, large sales, weakened spreading and decreased volume, the effects of hard fork and segwit.

It is because of gravity~ Just kidding!
I think you are new? I have the same question as yours not long ago. And you have to realize nothing going up forever. There are many reasons lead for the dropping.
If you look further enough, you will see Bitcoin is moving up steadily. So, relax and take your time.

If you look at the price history in the past weeks of Bitcoins, the fluctuation is really high. This is probably because many needed cash for Christmas and new year so they sold their bitcoins and also some might have panic selling as well. But it is actually slowly recovering now. And I believe that it will even go higher value this 2018 compared to last year because many will go back in investing and others will be trying out investing this year as part of their new year resolution.

No can tell you the exact reason, but just speculate based on the past behavior. Mostly it's just supply and demand, holiday time casual bitcoin investors are cashing out as they likely profited a lot, other who didn't profit cashed out to avoid loss. Right now the supply and demand is mostly equal and that's why the price is hovering about 13-15k

It's not really dropping. I noticed that it didn't get below the $12k rate so I think its the correct rate of BTC after it was pumped to $19k. Aside from that lot of people withdrawn their funds because of the holiday expenses so I guess it really affected the market. Everything is based on supply and demand so don't worry it will go up again soon, just wait.

Seems you re new here , Just look at old Bitcoin price and check deeply how it rose up from the zero , ho many times this coin lose the value and How it gain Too much Infultion  in a 7 years time period.
Check link here - https://coinmarketcap.com/historical/

There are number of Reason behind Drop price of bitcoin.
Loss of Interest , Because new investors not gaining and they are selling they Btc.
People Are enjoying worldwide to Enjoy vaction and show of how much they earned from bitcoins
Some Type of investory they dare from price drop and they sell , for sure they will buy at high rates again then they will think.

Im worried about the price because i am holding bitcoin, but i know the bitcoin price will dump again maybe not now but soon for sure,  we just need to wait, for now let us grab the opportunity to buy bitcoin while the price dump.

So much going on right now with new tax rules in the US and futures trading.  It is going to take a while to adjust and then I think it is back to the races.

The value of Bitcoin is dropping for its value is dependent upon the quantity of demand and supply, the amount of investments made through the number of people participating in Bitcoin. As the the size of people engaging with Bitcoin rises, the value of the coin also increases. On the other hand, when the group of users decreases, the value of the coin drops. The consumers of Bitcoin wait for the time when the coin reached a high value for them to cashed out their investments together with the profit it made through the term of holding it or investing it, and when a lot of users cashed out their investments which makes the markets supply and demand scale different from time to time, the Bitcoins value drops for it doesn't have the same level of resources of investments within the market.

Because there is no forever price increasing in what ever things in this earth, it needs to breath for awhile and that's normal and nothing to worry about as for every highs there is low and for every lows there is high.

I think its simply cos of market forces, which includes demands and supply, many people are selling off to be able to meet up with celebration expenses, should pick up prices anytime soon

I believe it was speculated by many that a price drop or ‘correction’ if you would was bound to happen especially the closer we got to the holidays. Reason being many would have wanted to cash out for X-más or just to have some extra cash on hand.

Id say we can expect it to climb steadily in the up and coming months.

It is just correcting its thing. Correction is the thing that is called when btc surges its ath and will fall down in a certain amount of time. Well, this is normal.

Bitcoin hasn't fallen too much in the last week. The market is being revised recently. Maybe in 2018, governments will have some policies to compare with the special currency policy. Investors will be cautious at this time. I think they will be a small price trend.

The bitcoin prices changes partly determined by supply and demand. There is also partly determined by expectation. In predictable ways the changes of prices also affected according to the time of year in response to events such as holidays and vacation time. And the droping is also affected by  growing of switch away from bitcoin to other cryptocurrency.

I think this drop is due to the recent huge selling done with bitcoins. Holidays have just past, and that was the time when people might have thought to encash or spend their bitcoin holdings. And when there is a greater number of sellings of bitcoin i.e. more availability of bitcoin in the market, its value decreases. Also the prices went really high which made speculative sellers sell off their holdings.
Also, because the sellings were made by individuals and not some giant company, the fall in price is not very huge but marginal. Its kind of stable at a certain point.
With start of new year, hopefully new users will join bitcoins, may be investers may come in, and old holders shall try to regain their hold which will again create a virtual scarcity of bitcoins in the market and in result the prices will spike up. Sooner or later, the prices are again going to grow and probably stabalise for a good while.

I think because it made a big gain short time so people cashed out to make profits. More ever people cashed out on winter holidays to celebrate new year and other celebrations.

Just don't too worrying about this, I think this is a quite naturally, and I think.. it wouldn't be long for bitcoin price will tends to lead a higher direction again. After the holidays, there will be many more people again who would be focusing again on bitcoin (buying,investing,trading, etc), until the price can be moving up again.

I would call this more of a consolidation period than a sell off, but then again, I didn't buy at $20K, so my view may be different.

Bitcoin will still go up, because 2018 is still a bull market, and I think bitcoin will break through $40, 000 this year.

this is mostly the end of the year cash out and lack of buyers at the same time because everyone is off and enjoying their holiday.
we are also practically at the end of a very long bull run which needed to stop and let everyone to take out their profit wait for the market to come down and reach its bottom and then start accumulating at the bottom to prepare for the next bull run rally. all these steps need time and should be taken.

This is normal, bitcoin has risen so much, and a proper correction is a good thing for the market, and I'm sure bitcoin will continue to rise.

I think the recent price drop was a price correction. There was a bullish event last year for Bitcoin and it even reach $20k. Before Christmas, people converted their Bitcoin to fiat so the price fell down. No worries, I think Bitcoin will grow again this year.

Bitcoin mostly drops during holidays , lots of people withdraw their Bitcoin for their celebration expenses. But when holidays are over Bitcoin will naturally rise again.

Bitcoin is dropping only when demand is decreased and now a days mostly people are doing transaction due to which demand is decreasing and as demand is decreasing then price is start dropping. As people again start investing in BTC then price will be again start increasing.

This is mainly because of the difference between supply and demand. I think most of the huge bitcoin holders are selling their bitcoin to invest in other coins. Mostly on ETH. Most probably in next few weeks, bitcoin will rise up again to the moon.

bitcoin downs, because of the Christmas celebrations and the end of the year, at that time they have to buy more needs and fulfill desires, like year-end holidays. so sales increase. and the bitcoin price drops. I do not know when this will end, and that definitely takes a long time.

Don’t panic about the price dropping of btc. Its just normal its part of the market.
In the next two month price will soar again.

Yeah,the holidays are the reason for recent price fall with bitcoin,but it will be stable in the coming days.The price dump and bump always happen with bitcoin but the price will surely recover from the dumps soon.SO it is better to buy some coins because I hope the price will start to rise in the coming days.

I do not know for sure what the main cause of bitcoin is going down, because many things can make bitcoin down. but I rather rate, that bitcoin drops due to Christmas and the end of the year, and this happens every year.

because it is not dropping :D

nearly a month ago price was below $10,000 and still in the 4 digit price levels and now it is in the 5 digit price levels and above $10,000. this is called a rise.
2 months ago it was a lot less and so on until 1 year ago which price was barely even $1000 and was struggling to exit the 3 digit price and enter 4. and now price is 10+ times more than that day. this is also called a rise.

Up and down in bitcoun price is depends upon demand of bitcoin in market. May be due to price fluctuation many people's selling their bitcoin and thats why down in price seen from ladt few days.
Other factors like regulations of governments and acceptance of bitcoin in routine exchange, also affect bitcoins value. As bitcoin is open to all, no one has control over it. So people scared to invest in it.

Btc was dropping because its holiday season and everyone needs money so they are selling their btc.

Bitcoin value was dropping recently because it under market correction. Thankfully, the bitcoin price started recovering very strong today with about 13% increase in value reaching up $15,000. That is a good sign showing bitcoin will soon be out of the correction period.

It's a price correction, a huge one. Everything should be smooth in a couple days.

it's fall just because people need money for xmas and new year holiday and now everything will comeback normal

I think it's natural activity for any digital currency, many of peolpe sell their bitcoins for fiat money so for sometimes bitcoin fall some down, but you see not fall about under 12000$! and now it's time to buy and gather some bitcoin.

The Bitcoin may drop because of the fast advent of altcoins. This is competition which affect it's current price. But this is only temporary because new investors will come up and existing investors who are already earning will invest more to gain more income.

Demand and Supply with market cup leads price up or down. many buy them bitcoins in Christmas this is why price down.

it is stopped and price now about 15,000$

because people are selling it too much which lowers its value it was new year and people needed money . its price is like stock market its price goes higher if people are buying it or want it same goes other way. (Anyway English description )

its just an effect of sudden spike in its value. it is already gaining momentum in price increase.

I disagree because mostly there is no "competition" and there has never been any competition. altcoins have always been alternatives that traders go to whenever bitcoin price is not rising fast. during times like this they take their money and invest it in altcoins to increase it by making profit from alt pumps. then they come back to bitcoin and invest that money with its profit back into bitcoin.

you seem to be agreeing that it is temporary but you still consider this temporary alt pump as a "competition". care to explain why?

I think that his fall is due to a new year. But after this event, he should become more. It's just a temporary fall, I'm more than sure.

Law of supply and demand. Many bitcoin holders convert their bitcoins into fiat in order to have money to spent in the past holiday. When they sell their bitcoin, the supply increases and the price will go low.

Many talked about Bitcoin like the bubble is blown away. This is true but only in some extent. I think that the price is stabilizing and becoming adequate. We’ll see the growth yet. It will be in the beginning of 2018.

i think the reason why btc fall was new year and chrismas celebration people have sold a lots of btc because the needed money.

Is this the first time you saw Bitcoin dropped in value? Who said that Bitcoin will keep increasing? Bitcoin is volatile in nature and we will eventually see drops as soars. The price is driven by the community and is determined by the law of supply and demand. Dropping means many are selling their Bitcoins and increasing means many are buying Bitcoin. We cannot know exactly when the drop will stop unless we're already there.

it's trading side ways and has been for weeks after a big drop that was due to far to expensive transactions
fees just to commit 250 bytes of data to the block-chain.

BTC has been lossing ground to ETH and Ripple because the miners got greedy and now no one
can really trust them or the development team who should had place safeguards in place like

public static money MaxFee = 1.50 // 20,000 miners fighting over a mere 7 trades a second is stupid  

Spamming of the network for small trades during peek periods can be stopped too, it's not rocket science

if (Amount <0.001 && Mempool > 10,000)
   return Error.Trade_To_Low

Someone said the same to me about my shares in IBM who had the world at there feet once when
it came to "Personal Computers" but they were to expensive and so are BTC fees so maybe you
remember them from a long time ago and should draw a lesson from history to predict the future

the bitcoin's natural activity to go even further usually drops like an experience. Unfortunately this year maybe bitcoin will be more popular again and the price will be higher.

I wont worry much about it.
It isnt that much for us to panic now.
But instead, let it be an opportunity for those who are late to get more while it is at this price. You will never know when it will suddenly pump again.
The fact that it goes popular everyday will be the reason for its pump. If one investor found out about bitcoin then that could be the cue for a nice value.

Bitcoin dropping recently occurred due to a number of reasons, primarily due to a lot of negative information from the press about cryptocurrency as well as Bitcoin that made many people skeptical about the currency. Second, there are many Bitcoin trading floors occupied by hackers and stealing large amounts of Bitcoin. And the last and most important reason is that the investment trend in Altcoin and ICO in 2018 is very high instead of investing in Bitcoin as in 2017.

I think that by his inconstancy he attracts new customers. This is such a marketing move. You can see it when it happens.

You, me and others who have been known complete price factor of bitcoin but all the people comes as newbie does not know about it. They just fear because of these kind trollers words and jump to different altcoins.
This time we will find the bitcoin dumped due to hard fork as like every time we see but this hard fork completely affected the price suddenly bumped in the month November and December. Recently, you are seeing dump due to investor migration from bitcoin to different alts. Soon they will comes to btc once it bumped.

I think because of supply and demand.
Dropping means many are selling their Bitcoins and increasing means many are buying Bitcoin.
At the end of the year before hollidays  people are selling it too much because they need money.

Bitcoin price changes are mainly affected by the following points:
1, industry exposure (media attention), the Internet era, this is particularly important and fast;
2, government, legal bitcoin attitude, which has a great impact
3, bitcoin "mining" (the production of bitcoin), because bitcoin mining need to invest a lot of resources, mainly electricity and mining machine costs, to a certain extent affect its price
4, hackers (robbery), although this is not to determine the influencing factors, but in the case of bitcoin stolen, especially in an exchange, many Bitcoin players will lose confidence in bitcoin, the formation of selling.

Ups and downs are the result of the price game between the supply and demand sides of the market. How to reflect the value of bitcoin itself now do not know, but some businesses are gradually starting to use bitcoin as a payment method, otherwise it can only be a kind of game currency, there is no value at all. Therefore, any market acceptance and recognition of it will bring great benefits, otherwise negative. Moreover, individuals believe that the market is now more profitable short-term operation, resulting in price fluctuations.

I think it is a regulatory drop and thinks will get stable in some time.I know there is a speculation that it is a bubble which is about to burst but if  any of you have notice when the prices of bitcoin were going down their was not a single alt coin which was doing well.That is what i want to explain if bitcoin falls it takes whole cryptocurrency with him and that is not possible at all.The situation that was created in last 2 days is a great test of characters.Many investors have panic in this situation and sold their coin which probably would cost them in future.This is certain that the prices will grow because with this potential of bitcoin sky is the limit.

The level of interest in bitcoin affects its price volatility. The more people who know Bitcoin, the more attention they get, the more likely it is that Bitcoin will go up

mybe for some reasons, these is:
1. 'Tis The Season To Be Spending
2. Altcoin Overload
3. Bitcoin Cash Confusion on Coinbase
4. Market Manipulation
5. Hacking & Regulation
6. The Bubble Was Real & Crypto Winter Is Coming

The fall in bitcoin can also be traced to certain government regulations and policies on cryptocurrency which triggers panic and fears and eventually results into massive sell off. For instance isthe recent uncertainty over crypto trading in South Korea which triggered a panic sell-off of the virtual currencies,bitcoin Ripple, ethereum and other cryptocurrencies.

The attitude of governments towards Bitcoin will affect their prices. The more countries recognize, the more favorable they are. The more countries are blocked, the more negative they are.

How about now down at $10,500 ?? Just curious...