Reason of the price fall

[avatar_kiyoshi]

Maybe bitcoin users and adopt is the reason too i think.

and the security system is the most important for exchanger company, i think they should hire expert security develope for avoid a hacker attack.

[Q7]

If people are hanging on to the coins it will definitely push up the price due to reduced supply. Unfortunately this is not what it is happening. Trust and reputation is also related to it and I'm sure you share the same sentiment right now about the coin.

[knowhow]

price of bitcoin will raise as soon as mining ends... on those day we will see less bitcoins and more interest ,then it can go to 2000 dollars or more but well will take some time.

[avatar_kiyoshi]

price of bitcoin will raise as soon as mining ends... on those day we will see less bitcoins and more interest ,then it can go to 2000 dollars or more but well will take some time.

Mining end in year of 2140, recently bitcoin mining is still alive although the diff is always increased.
the price will raise when supply is less than demand, just see in the next of halving time.

[pereira4]

price of bitcoin will raise as soon as mining ends... on those day we will see less bitcoins and more interest ,then it can go to 2000 dollars or more but well will take some time.

Mining end in year of 2140, recently bitcoin mining is still alive although the diff is always increased.
the price will raise when supply is less than demand, just see in the next of halving time.

I think when people say end of mining they mean when the rewards are so small that they start being negligible.


So as you can see here, in 10 years things will be be very different, price may be higher than we can realistically aim for now. And in about 2030, things may get start going Jupiter.

[alva5763]

If price keeps dropping will anyone be interested in bitcoin?

[Furio]

I know about the demand and supply and its the reason a marlet gets different price at different price but what make bitcoin users to lead to this pricefall..I mean once there was 1btc = 500$ and after that I herd some hackers have hacked some exchanges and many scammers also poped out during those days..and this all leads to currenct price of 230$ I hope some peoples will do something to avaood these problems as much as we can

The splitt between perosns of interest within the foundation, plus the new "stresstest" al show the unstable future of bitcoin. On top of that ego's running wild and the motivations to not implement a bigger block size are dubious to say the least, we need consensus and a foundation who's sole interest is Bitcoin, and not any other shitservice attached to it....

[Amph]

If price keeps dropping will anyone be interested in bitcoin?

in theory it should increase the price if it drop to a certain point were more average joe, find the price to be more suitable for their small investments

but if it drop too much, it may be the opposite as you said

[lorylore]

Well many things were a reason for a fall. Consider it like this, Bitcoin was really in the bubble, bubble that went up and over $1,000 slightly. Now that bubble has deflated. Why? Well Bitcoin infrastructure, development wasn't ready for that price. Also Bitcoin didn't have enough users and it wasn't accepted in enough places in order to sustain that price.

Also, every block awards you 25 bitcoins at the moment, so you need over a million in the buying power daily just to sustain current price. In July of the next year this will change, block reward decreases to 12,5 so it will be needed half the money as of today to keep the price at the current level.

Of course, these are not all of the reasons, these are only main reasons.

A direct question: "Will the price of bitcoin increased or decreased after July 2016?"
Since the supply of the coin will be 50% less (12.5BTC)
And the buy orders(requests) will be increased if the popularity of bitcoin will increased too?

[MrVodnik]

Everyone is talking about the change in supply of bitcoins, as there will be less of them showing up on the market. Is it?

First - there is this simple rule on each stock market (including currency exchange): if everyone thinks that price will change in a specific direction, it will go in the other way. If everyone wants to earn on the same fluctuation, no-one will.

With that said, there is other problem. Supply means how much of product is showing up on the market, not how much is being produced/found/mined! Keep that in mind, as miners might be aware of that too. They might be hording their coins until the change of mined blocked size, and then - bah! The will SELL. Therefore, today's supply might not be as big as we think, and tomorrow's might not be that small.

Just saying... 

[Hazir]

well, we were at almost 300, but then the split drama has come and we fall another time to the last stand

i was talking about this before, it seems that every little bad news puts bitcoin into knees, while good news does nothing for now

if everytime, bitcoin falls so big, then you can't rely on a steady growth to increase its value, there is the need of a massive pump..

Tha is why I am beginning to lose patience. Not even the most optimistic news can make bitcoin price grow, market is controlled by whales and normal players are overreacting  with panic after hearing even smallest piece of not necessarily good news. Where is the bright future ahead?

[MF Doom]

my thoughts are that SO many people have now lost money during the last year and a half "bear market", that none of those people dare put another dime into btc.  Probably a lot of those people are out, and wont be back.  Meaning the total number of those in the btc market is declining.  That, combined with major exchange hacks, lost coins still not being accounted for, and NOTHING on the horizon for good news, means people are holding out, and may never get back into btc.

[Denker]

my thoughts are that SO many people have now lost money during the last year and a half "bear market", that none of those people dare put another dime into btc.  Probably a lot of those people are out, and wont be back.  Meaning the total number of those in the btc market is declining.  That, combined with major exchange hacks, lost coins still not being accounted for, and NOTHING on the horizon for good news, means people are holding out, and may never get back into btc.

You could be right. I also believe that many people who bought in at higher price might have lost patience and sold the rest of what they had. And although we have good news, VC is increasing, it's not enough to gain some momentum to raise the price and hold it on a certain level.The lower 200s seems to be a level we still have to deal with for a longer period of time.

[Mickeyb]

my thoughts are that SO many people have now lost money during the last year and a half "bear market", that none of those people dare put another dime into btc.  Probably a lot of those people are out, and wont be back.  Meaning the total number of those in the btc market is declining.  That, combined with major exchange hacks, lost coins still not being accounted for, and NOTHING on the horizon for good news, means people are holding out, and may never get back into btc.

You could be right. I also believe that many people who bought in at higher price might have lost patience and sold the rest of what they had. And although we have good news, VC is increasing, it's not enough to gain some momentum to raise the price and hold it on a certain level.The lower 200s seems to be a level we still have to deal with for a longer period of time.

Don't expect any bigger increase in price until the block size debate isn't finished. Investors, big investors won't risk their money if they don't see a healthy network that goes in one direction.

Also smaller investors that buy 1 or 2 BTCs now or then won't be buying at all while waiting that prices drops because of the unknown status that is currently in the community. Why would they pay more if they count that the price might drop in a few weeks.

[miketouchteam]

This is how the market works, it's cyclic, we had a pump 2-3 months ago and are going down again. Concentrate on the big moves, that in this case are also being towards price decline...

As I stated in other thread I'm curious to see what will happen near the halving.

[Wonka]

If price keeps dropping will anyone be interested in bitcoin?

Lol. Weak hands with no patience may flee but bitcoin is more than its price today. People need to think bigger and into the future but people will need to wait if they want to see big gains.

[Itun]

my thoughts are that SO many people have now lost money during the last year and a half "bear market", that none of those people dare put another dime into btc.  Probably a lot of those people are out, and wont be back.  Meaning the total number of those in the btc market is declining.  That, combined with major exchange hacks, lost coins still not being accounted for, and NOTHING on the horizon for good news, means people are holding out, and may never get back into btc.

You could be right. I also believe that many people who bought in at higher price might have lost patience and sold the rest of what they had. And although we have good news, VC is increasing, it's not enough to gain some momentum to raise the price and hold it on a certain level.The lower 200s seems to be a level we still have to deal with for a longer period of time.

Don't expect any bigger increase in price until the block size debate isn't finished. Investors, big investors won't risk their money if they don't see a healthy network that goes in one direction.

Also smaller investors that buy 1 or 2 BTCs now or then won't be buying at all while waiting that prices drops because of the unknown status that is currently in the community. Why would they pay more if they count that the price might drop in a few weeks.

Totally agree with Mickeyb. That's how I see the current market for bitcoin.

The scaling debate needs to come to a compromise, stability needs to be shown so that people (both current and new investors) will become more interested in investing.

[Itun]

If price keeps dropping will anyone be interested in bitcoin?

Lol. Weak hands with no patience may flee but bitcoin is more than its price today. People need to think bigger and into the future but people will need to wait if they want to see big gains.

To be fair, people have been saying this for the last year or so.

The 600 and 400 prices were then told to be good buy points. Now we're at 230

[coinplus]

If price keeps dropping will anyone be interested in bitcoin?

Lol. Weak hands with no patience may flee but bitcoin is more than its price today. People need to think bigger and into the future but people will need to wait if they want to see big gains.

To be fair, people have been saying this for the last year or so.

The 600 and 400 prices were then told to be good buy points. Now we're at 230

Fear of holding is the reason for bitcoin price fall. People first thought to buy at the prices of 600 or even 500 then 400. But continuous different news prices ere forced to low of avg 220.

[tyrexs]

If price keeps dropping will anyone be interested in bitcoin?
i will interested with bitcoin because i believe bitcoin will become future currency and replace money online like paypal,payza go go bitcoin