Bitcoin Forum

Do any body know the exact reason for fall of bitcoin price? It has almost fallen $500 in the past three days.Any specific reason?

Lot's of people made lot's of money in the last couple of month and taking winnings. Remember it was <1000 a few month ago. When people more then doubled their money in a few month it doesn't take much for them to decide to take some of that.
Additional fuel by speculators hoping to buy in back later at a lower price.

And there is a lot of uncertainty currently in Bitcoin due to the Blocksize debate and the possible split.

I see no real reason maybe it is just correcting / people collect there profit and it will tank and reup again  it is always the same scenario or i hope it is.

$500 is much i know but not too much for  BTC

nothing apart from empty panic selling.

this is not a correction anymore, correction was happening all the way when the price was rising. right now it is nothing else other than people being uncertain of the future and because of that fearing this future and selling.

...

Probably profit taking as mentioned above.  These majestic up & down price cycles are nothing new, since I've been around BTC (2013), this is about the fourth...

But what concerns me is the inability of the two camps (Miner Wankers and Core Wankers) to solve the scaling problem(s).  BTC would then become sh!tcoin, IMO, if they wreck it.  BTC (and/or derivatives) would be much less likely to attract new users if they screw this up.

Taking some money off the table.
All the coins are being affected.

Yup! it is pretty normal actually and that is bitcoin for you, if there are too many buyers, the value will rise and if there are too many that are selling or converting then the value will fall it is just that simple to understand, I have never seen any bad news lately that are happening in bitcoin news, and it is just selling out of fear.

There was a thread here on BTCT about "Pump and Dump" groups recently
I wonder was the price affected by a concentrated effort to "cash out" of BTC
or was it is snowball effect?

I certainly hope this infighting sorts itself out because there will be no winners

Mainly new investors being scared/uncertain and therefore bailing out. Also some cashing of huge profits since the bull run from march till recently.

Nothing to worry about :)

For me there's no reason to panic regarding the scenario of bitcoin up and low of pricing this is maybe because of market value adjustment due the holder bitcoin are selling their stocks to earn high profit. Beside that it is common scenario on crypto world. On previews years it happen the movement of bitcoin value.

if you remember the law of demand and supply. i think the big reason for bitcoin price is demand and supply. when bitcoin demand increase  and every one demand for  bitcoin and invest their money in bitcoin. the price of bitcoin go upward and bitcoin value increased day by day. and bitcoin supply goes decrease. because every one hold their bitcoin and want more bitcoin and bitcoin price increase day by day. when bitcoin price increase than people donot want buy bitcoin  and  every investor sell out their bitcoin thats why bitcoin price goes down ward

This is bitcoin and there is no reason to start panicking. It is common for bitcoin to have big crashes and big upwards waves, that is one of the beauties of bitcoin , you never know what to expect from it. Whenever there is a price fall there is always some lucky person who buys back bitcoin. You have to factor also the scaling debate and possible hard fork in the beginning of August.

It's just a nice correction mate, price bubbles burst with those corrections until we reach the balance zone where buyers & sellers collide to a nice more stable price. Buy the dip if you want to profit &/or don't sell now, wait for it to recover ;)

It will balance out, just keep an eye on marketcap, compared to a month, two months ago

This one is another round of price correction, which was triggered after some traders pulled out nice profit they have made in last few weeks followed by panic among newbie traders.  ;D

Perfect buy time.

People or Bitcoin holder or Traders are now taking profits and at the same time there are instances that people do panic sell when they saw the price is falling down again. Its really ridiculous to think off that price drops for about $500 in a matter of 2 days as far as I remember which we can really say that anytime price really do fall or rise in a matter of short time.We should really not forget the volatility of bitcoin.

Peak of the current bubble is over :) It's third time we can see that pattern. 300% rise in two months? Definitelly doesn't look like stable growth. I am in the fiat now, waiting to re-buy 50-100% more coins.

Bitcoin users are that people who create the price for bitcoin. After bitcoin reached it's maximum many people started to cash out their coins, that provoked the price to fall.
After delay with my bitcoin transaction with Blockchain.info wallet I finally got my bitcoins, but the price is low today and I need to wait now for the new growth.

Bitcoin didn't reach its maximum. but apparently a lot of people thought that rising will stop for now and wanted to sell and gain some profit.
Bitcoin will surely continue to rise above 3000$ but it might take some time before the next time it will go up.
Basically, it works like any other economic system, it's a game of supply and demand.
You should buy when you think the price is low, and sell when it looks high enough for you.

I have already placed few buy orders at around $2000, hope price will atleast touch it so that I can have 50% more bitcoin  ;) This is just another massive dump because of panic on new traders caused by some rumor about hardfork after segwit activation on aug 1.  ;D

Bitcoin was just in the bubble phase. Anything that moves exponentially, always blows up. Hope, that the population of the earth is an exception :)

Because of the big whales dumping their bitcoins and affecting the bitcoin market, of course there are lot of boobs when we are going to talk about holding bitcoin, then there is a lot of panic sellers and the whales will be the one who will but this bitcoins so the profits would be going all to them. Also if the demands get low.

The trigger time coincides with the release of bitmain's future plans on what they are going to do with the scaling debate and i think that is the main reason for the sell off as people who have invested money in it will panic that does not happen with only newbie traders but with every traders and that is what happened in the past few hours.

Somebody posted this, cyber attacks on bitcoin exchanges (http://www.cnbc.com/2017/06/14/major-bitcoin-exchanges-hit-by-cyberattacks-as-record-rally-makes-them-a-target.html), on one of the facebook group I am in. This and the whales cashing out their profit could be a reason of the price falling down. The question is, what is the floor of this fall?

Nothing important has happened to bitcoin that we can relate the reduction in price to that. The only reason is high supply. There are investors who will be regret soon. There are people who can't be patient and are selling their bitcoins. After their withdrawal, prices will start to increase gradually and peoples who are patient now and people who are buying now will earn more money.

From my own point of view, no one can say for sure that this is the actual reason why the price increases or decreases, as we all make guessed statement or try to link it to one thing or the other. The simple fact is whether increasing or decreasing just see everything as an opportunity to make something out of it. And never forget the golden rule not to invest not more than you can afford to lose in the crypto world.

I think the bitcoin price starts falling because of the demand I think, not sure tho, but i also think it's normal for bitcoin to rise and to fall as well. There are so many instances and we don't really know what is really the reason for bitcoin to fall. But I think that it would rise again in a couple of days.

I think this is just a correction, all the newcomers are out of money (FIAT) and price is stabilizing. Nothing special.

I agree with you, this corrections are a lot better, then enourmous increase in price and then massive dump aka bubble... I think there are a lot more people who understands Bitcoin and when to buy it or when not, and all these people are saving us from another bubble :)

Sometimes bad news keeps the bitcoin price down, besides, the main factor of that is the massive sales going on, making the bitcoin price drastically. I'm sure, if that does not happen, maybe the bitcoin price will be stable.

A few things are hapenning. One is that the price is falling due to fear of jihan wu and bitmain saying they will hardfork and mine a different coin. They will fail and be owned. Let them.

Second is people panic selling due to others panic selling. Now is the time to buy if you are a long time holder. If u are a short term holder yesterday was the day to sell, not today. Dont lose money because you are impatient.

Could it be because of this?  :o https://www.reddit.com/r/Bitcoin/comments/6hbis7/us_congress_going_full_1984_on_bitcoin_and_assets/

Indeed, with sale of bitcoin made in large quantities, will certainly have an impact on decline in bitcoin prices, as happened today bitcoin prices fell to $ 2.281 and down from yesterday's price could reach $ 2,600.

Not all the times bitcoin will rapidly increasing most of the users wanted to make the bitcoin fall for them to sell their coins and wait for the right price of the bitcoin to be fall and then buy another coins to be stock. The reason why is they wanted to keep alive of their profits.

Cash-out is when it falls no more than 200 dollars.

This one now is panic-selling, nothing more and nothing less.

The hard fork started it. Too much fear in the scene.

Now maybe it's time for the guys from both sides to sit down, relax a bit and talk like civilized people.

When the bubble bursts is historically a good time to buy, but how low are we expecting this slide to go?

Frankly it's about time. I think any rational look at recent price growth shows that speculators have once again pushed the price into unwarranted levels.  My gut (which means little) is whispering a valuation around $1800 - $2200. We'll see.

Because of stories like this coming out they are most likely going to ban bitcoin.

http://www.coindesk.com/australian-politician-calls-bitcoin-scrutiny-fight-terrorism

The only thing important is the hard fork FUD, that's all. Some people panic sell, then all the noobs that entered the cryptocurrency space lately are also panic selling, the smart people will buy the dip and things will continue as usual in the world of bitcoin.

This hard fork fud is another excuse for whales to buy cheaper BTC.

We all know that reason behind it.They accept money so bitcoin is also form of  digital money..

Im with you but I cant stop myself from looking at the price right now and its still going down fast. Should we be worried? Theres possibly more selling pressure on August 1 too, just in case you forgot.

The value of a declining currency is a perfectly normal thing. The market has always been a factor in the value of a currency. Recently, a lot of news about bitcoin changes has been posted on forums, which has had an impact on the psychology of users, and perhaps they notice some disadvantage, and they want to sell bitcoin to minimize future losses....

People get panicky as the Judgment day nears

I refer to August 1st, obviously. August seems to have always been a hard month for Bitcoin. In 2015 the price collapsed to measly 200 dollars per coin. In 2016 Bitfinex had been hacked with over 100,000 bitcoins stolen (and no one ever saw them again as if they just vanished in lalaland). This year it will be the Great Split day which Bitcoin may simply not survive as one coin. So people are selling out their Bitcoin stashes while the price is still high. And we might have yet to see plenty of pain ahead

BTC will return real piece quickly. It seems simply.

since I begin the journey of investing into btc ,this is the second time I am experiences this type of sharp drop of bitcoin price and no one can actually tell where it would end and start billing,I believe this to be due to some bad news which make some people panic and sell but this is normal for every coins trading,the price will soon spike,I won t be panic to sell my coins

This is a bad moment indeed, when bitcoin prices are falling very quickly. But I still believe that bitcoin prices can still survive and will slowly rise.
I will save bitcoin and do not rush to do panics sell.

Keep dropping it , so I can buy low!! Bitcoin is the future.

BTC will recover in time. It was a massive jump on all coins so there is a correction happening.

Be time to reinvest is when everyone is panic selling. :)

When the bitcoin has dropped to $ 500 everyone will panic to sell it
Actually more and more are selling the lower price bitcoin ... that's my opinion ;D

We are in the oh my god the price isn't rising yet, not thinking panic sell phase. It means more speculators, and more weak hands selling. Bitcoin is a game of musical chairs. You win by either being totally utterly devoted to winning or by having enough fun to derive other value. If the game grows big enough it will go on forever until the last human being has dropped.

The current fall is due to multiple reasons one of them being how stretched the BTC price was, with such a gigantic and quick rise, a simple fall isn't impossible to think off or predict. The other reason would be the issue regarding Segwit and how the developers are threatening with a new blockchain and a fork, which is something no investor want to see.

But the volatility is quite important this recent weeks, more than we saw before. I don't remember Bitcoin value failing of 900$ then coming back then the next week failling to 2200$. It makes it really dangerous to play with Bitcoin trading. Look Coinmarketcap, I agree it's not only Bitcoin, but this recent huge up and down is specific to bitcoin only (not considering shitcoins of course)

well at first yes it will affect but its also the whales who already have enough profits who's cashing out their earnings and make some shake so they can grab more cheap btc coming from those who really doesn't know how to play this system, better to keep watching the trend and assess by yourself whether to fall into this or hold and wait till this downfall make a rebound.

Jihan and his buddies are hanging on by their finger tips and once again threatened to hard fork Bitcoin to mine their own ShitCoin. I think a bunch

of people are fed up with his stall tactics or they panicked as usual, when the words "Hard Fork" is mentioned. The biggest threat to Bitcoin is the

hold that big mining pools has over it. We are getting fked by them and we just bend over and take it with a frown.  >:( >:( >:(

Sure, I think we need mentally prepare before that time. Yearly in August ussually have one reason make the price of Bitcoin breakdown, I not hope in 2017 we can see history repeat. But although not hope that, I still will sell some my Bitcoin before that event, "Safe your money is best choice" ;D

there are too many speculation that we heard in out there and we are difficult to know where the news is the right one. but something that we should know, bitcoin price is really getting down too fast, from $27xx into $22xx, and i only considering this as for order buy and sell and the many traders getting panic when they see the price is down like this. i only hope that finally bitcoin price will be recover the price and will be back into the price before and even it will reach more high soon.

Just people cashing out their profits and newbie traders panicking and  selling away their coins. You better reinvest during the dip. Or if you have coins, just hold them, sit back and relax. Don't sell now or you will regret later. Wait for the price to recover.

Cause you cannot simply be investor for a long time, sooner or later you need to fix your profit so big guys did that

Lots of reasons out there. People are talking about consensus and hard fork things again and again. This affects negatively.

i dont know what could be the reason too, what matter most is if we have the money it is time for us to buy bitcoin, and save it. it could be now that the bitcoin price will be going down and many of us will be panic selling i believe by the end of this month bitcoin will continues to grow its value and it will more valueable and its price will be huge as much as the highest price last time.

Bitcoin changes in terms on price is technically normal to happened. We all know that Bitcoin is a crypto-currency which it's price is quite developmental. It means that changes on its price is inevitable. Bitcoin does follow the principle of law of price and demand where the changes of it's price happens because of the support of the users or what so called community. And if the sudden decrease of the support happened the stock of the market may flatuate where the stock is greater than the transactions been made making the value or the price of Bitcoin fall.

It is because there are tons of people cashing out and taking their profit,
But don't worry I think that the other investors are just waiting for the price to drop and they would buy bitcoin and again ,
And the price would pump up again so let's just hope that this scenario would happen again.

I absolutely agree with you, it could be just some corrections abdcwe need to be patient because we will buy them up again and get it restored or even higher so if you wanted a better time to buy it low , the ball is in your court.

This is may be due to the cash out of bitcoins from the market by traders because they made a good profit this year. It is the best time to buy coins because soon it will going to rise again as its demand is increasing.

I have a few days ago talking about a possible correction, while the majority dreamt of the conquest of $3000 and flight to the moon   ;D

And you won't be alone

In fact, people are already selling their coins. It seems like the price rebounded somewhat during the last hours (from below 2,100 dollars to over 2,300 dollars per coin at Bitfinex), but this price rise is not sustainable (read the market is thin). People who sold on the way down are not buying back. It is clearly seen by the US dollar loan rates that dropped dramatically today and the spike in the amounts offered. This pretty much means that people are cashing out and parking their wealth in dollars

Obviously correction. I think it has to do with Korean traders, I rad it somewhere.

I think the reason for the price fall of bitcoin is most of the bitcoin users are now securing their profits in bitcoin because there is a chance for the event in august 1 to be ended in being a messy event so it can drive the price down which is very frustrating for most of the users so even now they are just collecting and securing profits.

i don't think so, i think it has more to do with bitmain and their news about mining a new fork of bitcoin, or simply the market was not ready for the last value

people want that the price keep increase forever, and they are clearly asking for an impossibility

still this crash is no where near the one that happened and put the value under $2k, i see we are already recovering, probably just someone dumping fro profit

Don't believe everything you see in the news. The price was bound to come down at one point or another. As we all know and have seen time and time again, rapid, sharp growth is not sustainable. If you look carefully, there's a less steep but more stable line that the Bitcoin price follows, even though 90% of the time it is above it.

I think Bitcoin was overhyped and overbought into. I managed to   sell a couple at 2890 though, so I'm pretty happy. Also, I'm buying back in.

The previous price fall happened a few days after https://directbet.eu/ announced they were closing.

This led some to speculate the price decrease was due to Directbet.eu selling off their entire stock of btc creating a massive price fall.

I haven't seen anything to specify another large btc holder selling crypto in bulk.

Can't confirm it but it still may be the most likely scenario.

i think in out there, many news said the reason for bitcoin price is fall but we don't have to trusted all of the news and its better we search what is happen with the price. don't take too serious with all the news, we only need to read and make our analysis by ourself so we can know the reason.

Bitcoin is volatile and the price is based on the demand and request, that fall can be due to anything and not necessarily a central cause or reason, for example a big trader selling followed by multiple small trader or something related to the bitcoin segwit crisis.

Perhaps the reason is that there is a market value bitcoin shareholder selling their shares for high profit.

None actually knows the real reason behind BTC's downfall people can only assume the reason behind it. If anyone would know the real reason behind it don't you think they could easily control the price of BTC.  :D

A correction was always going to be due and it's about time that it happened, people sell when it goes high and as far I know there was lot of sell and that's one factor. Secondly the August 1st Is a major news that's been effecting many including me, some have decided to dump Bitcoin for Ltc and then wait and see and that's hurting Bitcoins. I feel post august 1st, we shall see some clarity till then not really sure where the prices can go down or it remains stable.

Could directbet closure have so much influence to affect the price besides directbet always limited players on how much they could wager per bet? It could be a mere speculation as to why price few and most likely a correction was the reason for the fall but good news for us btc price is recovering again

it's just a small(quite) crash and it will rebound soon anyways. probably because some company released an article about bitcoin that has a negative outlook.

Its not that big dump if you compare it with the pump BTC got in recent times. One more thing I want to add to this discussion is that people may have been selling or cashing out their profit from recent pumping but I see lots of new investors trying to grab this opportunity and trying to buy a piece of BTC for themselves, Price will go up for sure.

And why they want to park their wealth in Dollars? Why can't they do the same with other altcoins such as Ethereum and Ripple? After all, whatever happens in August will be limited to Bitcoin only. It is not going to directly affect the other crypto-currencies.

it has mostly recovered to the $2,500 the last time I checked. Regarding the reason, I can't think of anything specific in the last few days except the announcement of developers regarding making a fork if the miners make the new system of BTC, that kind of news is never relaxing for investors and bring allot of fear and hesitation.

People are selling Bitcoin to earn profits as the price took a leap from 1000$ to 3000$ in a few months. Moreover because of hard fork, people are moving their investment out of Bitcoin which is the cause of price falling of bitcoin.

Maybe, because Bitcoin going down makes other coins go down too?

This is what I see, and I don't think up anything, so it is not some obscure and unsubstantiated theory. I don't know about Ethereum, but, for example, Litecoin follows Bitcoin price very tightly (apart from rare flash crashes and rallies on its own). Bitcoin is still the leading cryptocurrency, and if it crashes other currencies are going to crash too. Thus the US dollar seems to be a sort of safe haven for cryptotraders, and I agree with them

But there were incidents when bitcoin prices stayed so strong among these kinds of news/rumors and we cannot ignore the faith of every investors/traders of bitcoin system who brought up bitcoin prices from below $1000 to near $3000 even there were big issues like scalablity and ETF rejections persisting.

I guess the recent fall might have been triggered by another round of profit booking by whales in $2950 levels which might have induced panic selling to rest of "oscillating" traders.

I agree. This is the main reason and there is nothing else can compare with it. The second reason is that the whales try to make a new crash in order to collect more cheap bitcoin. Bitcoin have just hit the new peak

I think there is no real reason for bitcoin price drop. But 500$ is not a big deal for Bitcoin.

the possible reason of it is some people are just collecting their profits in bitcoin and try to buy some bitcoins again in low price or value so the bitcoin decreases rapidly in just a night, also there is a possibility that a group of people just decided to sell their bitcoins and also buy also in a low price because of bitcoin that they sell.

I think the external factor is still the btc needs of people and Increasing supply , but it is also the impact of btc floor management to stabilize the market. It may be that reducing the prices makes some people unhappy but it is essential to minimize the risk.

I also think that the reason for this sharp fall in prices is the actions of speculators. If you do not react to such actions it is possible to buy all cheap bitcoins speculators they sold to lower the price. The main thing is to have patience and free money.

If it is any error in the any trading platform, mining issue, stopping of adoption, technical issue. These kind of the facts will keep the bitcoin dumping down. However, this factors is not happening at the moment. Price is moving up steadily due to high adoption rate.

Yup! that is the whole thing about the sudden change of bitcoin, and stocks have been fluctuating so much when it comes to bitcoin, and it is just like this when one of the community that is a whale, having a million bitcoin then suddenly sell all of his bitcoin I thing it can cause sudden drop on the price, well I think all of us here really know how does this movement occur, this is just an idea that can happen.

Yes and it seems its a correction and soon bitcoin will recover. But I think this btc hardfork is also adding or fueling the speculation. But I am positive and believe that bitcoin will recover.

We all think the same, the decline in bitcoin prices is just the usual profit taking if prices go up sharply in some time, usually stocks are like that, but will come back up again in a few weeks, should not sell your bitcoin now

supply and demand.

imho price is falling becuase , people are selling more , many wants to get their investment back, when they bought btc for 800-1200 .

it can be because of other things too.,

Actually there are several reasons why it happens. But tgen bitcoin will soon recover. It somehow declines for now for it is a normal case. Stocks nowadays are fluctuating yet people or investors are doing their best to rise again for they take the risk all the time. Markets in different industries also involve of a sudden change. However,bitcoin will still stay no matter how price falls.

Price movements are also due to the influence of key issues emerging, as we know during this month, the only positive issue circulating from the altcoin market, bitcoin is limited to rumors from russia and no direct implementation until the end of the year. Another factor is that market trends do not always run sharply, there are times when bitcoin has a correction price, now it's time for speculators to play safely with slow and declining price movements.

Exactly because others are going to buy back all that was dumped and it's going to steadily climb back to its position. I'm very optimistic and will ridicule every promotion if panic selling because this is not what we haven't seen before, it took an even greater tumble back then in 3013 but it managed its way back up and better so why the panic now?

There's a lot of reason and factors why the price of bitcoin is falling. And well that's the usual movement of bitcoin's price. One of it I guess is the announcement of bitmain's making their own alt coin that brought fear to some holders especially those newbies and also the whole crash was made by global market.

Bingo, its going to continue its volatility until a resolution is found to the current war between various factions in the bitcoin community.

The market is very volatile and that's making others to be scared when there's a new hype on ETH. But that's not going to stop me on believing bitcoin. As after the fall of bitcoins price, its very obvious on what is going to happen. The next thing will happen is going to make everyone's feeling believe in bitcoin's positive character.

Everyone has a sense of panic when bitcoin prices have a fairly high correction. This is a natural thing because we must be afraid of losing our investment. But now the price of bitcoin already seen to rise again, of course this kindness can make us a little relieved and breath. Do not worry because bitcoin prices are predicted to experience a significant increase again.

The closure doesn't affect the price of BTC.

What has the potential to make a difference is if directbet were holding 1,000+ btc and liquidated their holdings on the market.

It would be similar to Bill Gates selling all his microsoft stock.

Whenever a large holder sells en masse its accompanied by a massive price decrease.

bitcoin is high in price now a days on increasing  mode its value is going upwards the value of bitcoin is known only by the real user of this market and on the forum its known by the organizer  .and thareal price never go down or never fell down during increasing era so I dnt think so that bitcoin price will  get down easily. .

Yeah the fork stuff is really disturbing. No one knows exactly what is going to happen with bitcoin. The future of bitcoin I think will be decided after this. Currently it seems like bitcoin is recovering and is doing well for the holders. The fate of Both bitcoin and its holders will be decided after the expected split.

I think because of the network splitting this Augus.

I think the reason is in panic selling that btc price fall. Traders grab the opportunity to buy bitcoin at low price then they hold it. Because they might beleive btc will rise again and ofcourse they can earn profit in the long run. Even me I also hold my bitcoin though we cannot predict at until what price it will hit.

One of the more good reason.
Panic happened just after a 200 dollar fall then it goes on and on as many users see like it is going to fall more.
A good strategy for others who have go on with the flow. They made a good decision.
Problem now is how you would get back all those coins considering the expensive rates of bitcoin wallet sites.

Maybe because a lot of people selling their bitcoin, because as I know when we buy bitcoin will go up but when we sell bitcoin will go down, correct me if I am wrong.  ;D

Yes, there is no other sensible reason except that some of the big whales may have sold a huge number of bitcoin with this the supply of bitcoin may increase causing bitcoin price a fall. Other than this reason I don’t think there could be someone because the price fall was expected before the August but not too soon.

but i think the big whale now cannot effect the market too much. because of the increasing number of bitcoin uses, the market can take a little correction but cannot dropped too much. we have some examples from precious time, we can see that the price of bitcoin after taking some correction now again start increasing.

I think investors got nervous on what gonna happen in Aug 1 that is why there are panic selling. I don't know about the big whales, for me they don't have the capability to manipulate the price of bitcoin now, unlike before. We have seen two price dips in succession now, so bitcoin price is really unpredictable. But now I'm seeing that we are going to $2800. Are we going to see another dip or will it continue to rise to $3000 before another dump occurs?

You are missing one important point, and that point is that whales are only becoming more influential as their stash has been increasing big time throughout the years.

Put that against the newer people that have to enter the market at current levels, and you'll directly see how insignificant these people are.

Don't forget that the higher the price is, the lower the amounts are that people can afford. People were already struggling to buy 1BTC at sub $1000 levels, just imagine how that is right now.

Or how this will play out in the future when we happen to hit the $10,000 mark. Whales will only gain more control over the market in the coming years ~ we can't avoid this.

Rise and fall in price of any commodity is necessitated by the elementary forces of demand and supply. It's the basic law of market economics. Bitcoin isnt excepted from obeying this law. And since all eyes are literally on Bitcoin it will continue to witness a rise and fall. This also happens with the altcoins people think have potentials not just with Bitcoin alone. It's market dynamics.

comodity stock , big investor , big company will cause bitcoin price will fall because dumping really matter on their market so i think its little chance we see this cause , also maybe because government who knows but i doubt bitcoin will dropping hard ,we will see this result next year

I hope that bitcoin will not fall much. Better yet, let bitcoin rise in price sharply.
Now the price fluctuates, but remains within normal limits. This allows many people to buy cheaper and sell more expensiv

With the current price of bitcoin, of $2500, I think its good time to buy still. There is a price dip today, maybe some investors are just cashing it out or maybe they have their reasons. But as others have told, this is just normal for bitcoin market. A few swings here and there. What matter most is that we don't panic and sell our hard earn bitcoin just like that.

This is a sign that bitcoin will gonna burst fast increase soon. so for now much better to buy bitcoin for a cheap price before the price increase back again So that we can make a good profit.
I don't see any reason of the price drop and i think this is group of whales that want to push down the price just to let other people panic to sell and let the price down.. so if you have some money there better to buy more bitcoins to make more profit. .

get ready to price drop right before the segwit - cause some folks out there will cash out for sure, you can easily get btc for 1800-1900 bucks

i think some whales are afraid too lose the chance to have money. that's why they pull it out when the price of bitcoin reach the high bracket price . when they pulling their money out of their wallet bitcoin price is affected because whales are commonly seen at the market and the market has a lot of part in terms of bitcoin price.

That remains to be seen

If nothing extraordinary is set to happen, BIP148 should gain enough traction, so the price would rather spike than decline. On the other hand, though, miners (Jihan and his unscrupulous minions) will likely try to escalate things further as we are getting closer to SegWit activation without locking the 2M hard fork for activation a few months later. If anything, these clowns should come up with something refreshing during the time before the deadline

It is better to buy bitcoin now because we are still in a bubble, i hope the price is still not too low before the bubble will burst out. Bitcoin will go down a bit once the price market will be checking for price correction of bitcoin. I think it will last a few months since bitcoin is a bit low in the past few months.

I think its not a whales its just a normal down fall of bitcoin and base in my research today about the news in bitcoin i think there's no reason behind it.
Mostly the news today are price drop of ETH and they are talking about ethereum will be fall at $13 usd again..
As i can seen almost all altcoin are affected from the price fall of bitcoin..

Just casual investors who want to get out early and don't want to be trap is selling their bitcoins. But I think their is a resistance now and we are going back to $2500 at the end of the day. Others may see this as perfect opportunity to get bitcoin and accumulate more. Aug 1 is still far, we don't need to panic and push the sell button. Altcoin is down as well, I just hope this will not be the trend of the whole of the week because we started this week at the wrong side of the bed.

I see almost all crypto currencies are decreasing now. When BTC is dip, almost all other alth coins are down too. I hope BTC price will be back to 2500 or above this price by end of the day.

Yeah I obeserved that bitcoin has been playing around this price.  Going down, recover and then staying in those ranges then going down again then recover.  I think  bitcoin will go back to $2500 plus soon.  There is a good even this coming july so I guess someone is trying to crash the market and buy back at cheaper price to take full advantage of Australia bitcoin adoption fever and the possible FOMO occuring among the citizen of Australia.  After this July comes the scaling solution event.  So definitely this big players knew that bitcoin will soar in price and wants to get more bitcoin in their stash in a cheaper price.