Bitcoin is crashing. Why? :(

[Amph]

Ethereum might have something to do with it.

at best it should rise , because for helping ethereum people should buy btc first, and then send those to etherum, so in th first place there should be a increase and then a possible crush,

but the entity of those two element would be very insignificant, at this point the big money for ethereum are done, long time ago

That's what YOU think. Look, the market disagrees with you. Maybe you're...Wrong?

or maybe the cause it's totally different? it's not like there is only ethereum that can cause p&d for bitcoin

i simply think that demand is lower and for this reason the price crushed, there is no need to think about conspiracy or whatever other crap complicated reason

[Derrike]

Bitcoin is crashing down because there is no new good news to support its over manipulated prices.

And also that the people who brought Bitcoins and don't have patience are cashing out.

[btcfinans]

Maybe BTC is crashing because the liquidity on bitcoin exchanges is decreasing

[LMGTFY]

Maybe BTC is crashing because the liquidity on bitcoin exchanges is decreasing

Looks like plenty of liquidity on Finex - the rate is at a low point, too (0.0055%): https://bfxdata.com/swapstats/btc

[malphite]

Bitcoin is crashing down because there is no new good news to support its over manipulated prices.

And also that the people who brought Bitcoins and don't have patience are cashing out.

Well theres upcoming events then, since we still havent heard whens the official launch for the geminis exchange.

It can be probably 2016 maybe, or you can wait out a couple other events.

[stoat]

Ethereum will take over as the main crypto protocol.  The writings on the wall.  My crystal ball tells me it's true.

[hodedowe]

Ethereum will take over as the main crypto protocol.  The writings on the wall.  My crystal ball tells me it's true.

Isn't there a policy against retarded spam on this board?

[stoat]

Ethereum will take over as the main crypto protocol.  The writings on the wall.  My crystal ball tells me it's true.

Isn't there a policy against retarded spam on this board?

I'm telling you USEFUL information about your financial future that you wouldn't get from this hugbox for baghodlers and you thank me by calling my efforts spam. 

[hodedowe]

Ethereum will take over as the main crypto protocol.  The writings on the wall.  My crystal ball tells me it's true.

Isn't there a policy against retarded spam on this board?

I'm telling you USEFUL information about your financial future that you wouldn't get from this hugbox for baghodlers and you thank me by calling my efforts spam. 

Looks like a duck, walks like a duck....

[lottery248]

bitcoin has less full node holders, that's probably why.
or probably since the Mt. Gox scam incident, people started to quit bitcoin.
i am a bitcoiner since 2010/2011, i know bitcoin well, i am studying more about bitcoin.

[fullypak]

Bitcoin is crashing down because there is no new good news to support its over manipulated prices.

And also that the people who brought Bitcoins and don't have patience are cashing out.

The main reason for such a big movements is most of the bitcoins are in hands of traders. These traders they want to make some profit from buying and selling so we see always such a big movements. When normal people start holding bitcoins then only bitcoin prices will start stabilizing otherwise we will see these kind of crashing.

[randy8777]

bitcoin has less full node holders, that's probably why.
or probably since the Mt. Gox scam incident, people started to quit bitcoin.
i am a bitcoiner since 2010/2011, i know bitcoin well, i am studying more about bitcoin.

well, a lot people started to invest in bitcoin due to stories such as; some one finds out his 1000 bitcoins he bought for $0,02 per coin are now worth $700k. as soon as they noticed it's too late for such gains, and due to buying at the ath, they left.

[errornone]

people here still believes bitcoin ISNT crashing?!! 

[neochiny]

for me.. maybe because a lot of bitcoin users now are selling thier btc. because of the drama.... they are afraid to lose more money when bitcoin goes really really down again... but dont worry it will go up again after the big down.

[lite]

for me.. maybe because a lot of bitcoin users now are selling thier btc. because of the drama.... they are afraid to lose more money when bitcoin goes really really down again... but dont worry it will go up again after the big down.

Yeah, It will shoot back up really fast. Those who sell their Bitcoins at this price will cry later. 

[Jammalan the Prophet]

Crashing?

You mean that tiny little drop from $280 to $260 in the past 24 hours?

That doesn't look like a crash to me.  That just looks like normal bitcoin volatility.

you were sooooo wronggggg

[hodedowe]

Crashing?

You mean that tiny little drop from $280 to $260 in the past 24 hours?

That doesn't look like a crash to me.  That just looks like normal bitcoin volatility.

you were sooooo wronggggg

You guys are neglecting to look at world markets again. The dow was down over 1000 points at some times today. China is down 8%, remarkably the same amount as BTC over the same period. It's a global thing. When the recessions hit they hit everywhere. Bitcoin was not made to be immune to market swings.

[fireblond]

BTC is going toward $200 unfortunately, only by then it will take another decision (going up or keep going down)

That's scary thought though.

[1Referee]

BTC is going toward $200 unfortunately, only by then it will take another decision (going up or keep going down)

That's scary thought though.

Nothing scary about it. For one trader it might be a bad situation seeing the price go down while the other is seeing it as a great buying moment. Either way, a few people lose, a few win.

[techgeek]

Its just of how people percieve with the new hard fork update.

Some people want to see the bitcoin not split up, some are forced to saying if we do go with the change how does transactions would react for old core users.