Reason of the price fall

[n2004al]

I don't believe this variant. The supposed hacked exchanges have nothing to do with the price of bitcoin. Can you explain how this is possible? There are to many factors that affect the price of bitcoin but the reason give by you is not true.

[RealBitcoin]

I don't believe this variant. The supposed hacked exchanges have nothing to do with the price of bitcoin. Can you explain how this is possible? There are to many factors that affect the price of bitcoin but the reason give by you is not true.

They have everything to do with it. What do you think the hackers do with that money?

They go and sell it in another exchange, and thus decreasing the BTC price.

[n2004al]

I don't believe this variant. The supposed hacked exchanges have nothing to do with the price of bitcoin. Can you explain how this is possible? There are to many factors that affect the price of bitcoin but the reason give by you is not true.

They have everything to do with it. What do you think the hackers do with that money?

They go and sell it in another exchange, and thus decreasing the BTC price.

There are 10 months that the price is in those levels. No one exchange has or have to much money to last so long the selling of those (the hacked supposed ones). So the hacked money must be finished now (if hacked). Must be sold already. Supposed with the low price. And supposed time ago was finished this selling. Why the price don't go high again?

[RealBitcoin]

I don't believe this variant. The supposed hacked exchanges have nothing to do with the price of bitcoin. Can you explain how this is possible? There are to many factors that affect the price of bitcoin but the reason give by you is not true.

They have everything to do with it. What do you think the hackers do with that money?

They go and sell it in another exchange, and thus decreasing the BTC price.

There are 10 months that the price is in those levels. No one exchange has or have to much money to last so long the selling of those (the hacked supposed ones). So the hacked money must be finished now (if hacked). Must be sold already. Supposed with the low price. And supposed time ago was finished this selling. Why the price don't go high again?

Ok but there were some scams before that too, and after.

There is a minor heist every week in the bitcoin community, ranging from 50-500 BTC, and its probable that those scammers exchange it to fiat as soon as possible.

Add up all heists, scams, robberies, hacks, and other frauds, and you can see that the majority of those get sold and they have the big downward pressure in the price.

Plus the reaction of the other traders to these. I mean things like these make bitcoin less trustable, so the price will go down anyway.

[n2004al]

I don't believe this variant. The supposed hacked exchanges have nothing to do with the price of bitcoin. Can you explain how this is possible? There are to many factors that affect the price of bitcoin but the reason give by you is not true.

They have everything to do with it. What do you think the hackers do with that money?

They go and sell it in another exchange, and thus decreasing the BTC price.

There are 10 months that the price is in those levels. No one exchange has or have to much money to last so long the selling of those (the hacked supposed ones). So the hacked money must be finished now (if hacked). Must be sold already. Supposed with the low price. And supposed time ago was finished this selling. Why the price don't go high again?

Ok but there were some scams before that too, and after.

There is a minor heist every week in the bitcoin community, ranging from 50-500 BTC, and its probable that those scammers exchange it to fiat as soon as possible.

Add up all heists, scams, robberies, hacks, and other frauds, and you can see that the majority of those get sold and they have the big downward pressure in the price.

Plus the reaction of the other traders to these. I mean things like these make bitcoin less trustable, so the price will go down anyway.

How will go the price it is to see. Even I don't think that will go down. I think will remain in these levels again for some time. Then slowly with the spread and implementation of the technology which is behind bitcoin and which will change and disrupt to many others will be increased the importance of bitcoin and will begin the increase of price.

[bitgolden]

One of my friend has indicated some bitcoin whales might released their hoardings into market price to dump the bitcoin prices. That might cause long term slow bitcoin price falls. who knows....

[Amph]

I don't believe this variant. The supposed hacked exchanges have nothing to do with the price of bitcoin. Can you explain how this is possible? There are to many factors that affect the price of bitcoin but the reason give by you is not true.

They have everything to do with it. What do you think the hackers do with that money?

They go and sell it in another exchange, and thus decreasing the BTC price.

it also depend how many coin are scammed, 10k coins for example are not enough to prevent a fast recover, don't expect a sum like that to dump bitcoin to sub 100 for example...

you need something bit for changing the value in every exchange, something which is only 1/1k of the marketcap can't do it

[RealBitcoin]

I don't believe this variant. The supposed hacked exchanges have nothing to do with the price of bitcoin. Can you explain how this is possible? There are to many factors that affect the price of bitcoin but the reason give by you is not true.

They have everything to do with it. What do you think the hackers do with that money?

They go and sell it in another exchange, and thus decreasing the BTC price.

it also depend how many coin are scammed, 10k coins for example ar enot enough to prevent a fast recover, don't expect a sum like that to dump bitcoin to sub 100 for example...

you need something bit for changing the value in every exchange, something which is only 1/1k of the marketcap

Scams in bitcoin are almost daily, here is the most recent one that is quite big

http://cointelegraph.com/news/115289/bitpay-hacked-for-over-18-million-in-bitcoins

If these shitty thigs happen every week or so, then obviously the price gets hit.

Damn people should really learn how to secure their coins, more discipline guys!

[Betwrong]

IMO the price of Bitcoin depends on people's trust in it. If they see the price hits $270 and immediately start selling them thinking it won't last long at the price that high - then the price goes down. But only if people wait until the price hits let's say $300 - it will. And if they wait until it hits $400 - it will also.

[bitrev]

One of my friend has indicated some bitcoin whales might released their hoardings into market price to dump the bitcoin prices. That might cause long term slow bitcoin price falls. who knows....

I believe this is true. I have seen some signals on BTC related websites. There is a downward pressure. But I don't think BTC lose @ 200 USD range. Maybe 190 then go back, or 180 and go back. 200 USD is quite stable and where I will buy again.

[Hugroll]

the main reason price falls is because people start spreading rumors and people get scared and dump their coins increasing the supply by a lot.

[CoinBateman]

Guys,

I'm sorry to wake you up, but Bitcoin is very much like any other shit coin. It was pumped by Willy bot https://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/ and then subsequently drizzled out and dumped over the course of the entire of last year and continues now.

The interest that sparked as a result of its price climb gives it the position it has today, but at the end of the day, the market maker still prefers fiat over Bitcoin. They could slam it down to sub 100 and have bags of bitcoins left, but of course they have better profit overall if they drizzle out over time.

For all you wishful thinkers out there, we WILL see a new low, and what is now the bottom will one day be the top.

Enjoy.

[n2004al]

Guys,

I'm sorry to wake you up, but Bitcoin is very much like any other shit coin. It was pumped by Willy bot https://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/ and then subsequently drizzled out and dumped over the course of the entire of last year and continues now.

The interest that sparked as a result of its price climb gives it the position it has today, but at the end of the day, the market maker still prefers fiat over Bitcoin. They could slam it down to sub 100 and have bags of bitcoins left, but of course they have better profit overall if they drizzle out over time.

For all you wishful thinkers out there, we WILL see a new low, and what is now the bottom will one day be the top.

Enjoy.

You wrong. You forget one important thing. It is not bitcoin important. Or it is not so important. Important is the technology behind it. This technology will push it forward forever.

[Amph]

Guys,

I'm sorry to wake you up, but Bitcoin is very much like any other shit coin. It was pumped by Willy bot https://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/ and then subsequently drizzled out and dumped over the course of the entire of last year and continues now.

The interest that sparked as a result of its price climb gives it the position it has today, but at the end of the day, the market maker still prefers fiat over Bitcoin. They could slam it down to sub 100 and have bags of bitcoins left, but of course they have better profit overall if they drizzle out over time.

For all you wishful thinkers out there, we WILL see a new low, and what is now the bottom will one day be the top.

Enjoy.

the fact that it was pumped does not mean it is a shit coin, everything is pumped and dumped out there, even your precious gold and fiat garbage, and they are more shitcoin than bitcoin ever is

you can't stop manipulation especially with a small marketcap like the one of bitcoin, we will see with the halving

[tonycamp]

i supouse the taxes included into usa for this bitcoins its going to affect too

[Mickeyb]

Guys,

I'm sorry to wake you up, but Bitcoin is very much like any other shit coin. It was pumped by Willy bot https://willyreport.wordpress.com/2014/05/25/the-willy-report-proof-of-massive-fraudulent-trading-activity-at-mt-gox-and-how-it-has-affected-the-price-of-bitcoin/ and then subsequently drizzled out and dumped over the course of the entire of last year and continues now.

The interest that sparked as a result of its price climb gives it the position it has today, but at the end of the day, the market maker still prefers fiat over Bitcoin. They could slam it down to sub 100 and have bags of bitcoins left, but of course they have better profit overall if they drizzle out over time.

For all you wishful thinkers out there, we WILL see a new low, and what is now the bottom will one day be the top.

Enjoy.

Oh come on man, here we go again. So what if price was manipulated with the help of the Willy bot. Many big companies and technologies have had some sort of shady pushes in order to propell them towards a success. And they exist today and serve people well.

You have to look at the bigger picture. A technology, advantages for the people and the masses, advantages for the Internet. Let's not just concentrate on the price for God's sake!

I claim that Bitcoin having a price attached to itself is the worst thing for Bitcoin in these early developmental days.

[qiwoman2]

Also we must remember people are buying bitcoin to invest in other digital currencies so then they offload bitcoin to invest in other crypto technologies so that also may be a reason as well. The fact that there is way too much speculation going on also frightens mainstream more conservative investor types from entering the bitcoin markets.

[irfan01]

the main reason price falls is because people start spreading rumors and people get scared and dump their coins increasing the supply by a lot.

I think it is not the main reason
I guess the main reason is that many bitcoin users who sell bitcoinnya at low prices

[lorylore]

Also we must remember people are buying bitcoin to invest in other digital currencies so then they offload bitcoin to invest in other crypto technologies so that also may be a reason as well. The fact that there is way too much speculation going on also frightens mainstream more conservative investor types from entering the bitcoin markets.

I think that why the price is going down, it that people are investing in alt coins.
Especially these weeks/months where ETH, XMR, DASH and other coins are on top.
So people are loosing their interest in bitcoin and the price is going down coz there are not much needs for people.

[MF Doom]

Also we must remember people are buying bitcoin to invest in other digital currencies so then they offload bitcoin to invest in other crypto technologies so that also may be a reason as well. The fact that there is way too much speculation going on also frightens mainstream more conservative investor types from entering the bitcoin markets.

I think that why the price is going down, it that people are investing in alt coins.
Especially these weeks/months where ETH, XMR, DASH and other coins are on top.
So people are loosing their interest in bitcoin and the price is going down coz there are not much needs for people.

I'm not sure that people had an interest in bitcoin in the first place.  They have an interest in making money, and are expecting another rise to $1k.  I mean just look at the majority of posters on here.  They dont care about the tech, or possibly disrupting the financial ssytem of the world, they are strictly here to try to cash in on another bull run.