BitcoinMarketStore (OP)
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December 26, 2015, 12:01:35 PM |
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Why price continue to go down? There are some notice ? It has lost any technical support? What happen? I'm not have idea about! Someone could explain the situation?
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Jeremycoin
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𝓗𝓞𝓓𝓛
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December 26, 2015, 12:08:01 PM
Last edit: December 26, 2015, 01:23:20 PM by Jeremycoin |
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Yesterday is Christmas, and 4 days ahead is New Year. People need money, so they sell their Bitcoin. Which makes the price going down, that's why you have to HODL  |
faucet used to be profitable |
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helloeverybody
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★YoBit.Net★ 350+ Coins Exchange & Dice
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December 26, 2015, 12:13:22 PM |
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Looks like it may have stabalised now anyway, it may be on the way back up. If your a holder it doesnt really matter anyway. it will inevitably go back up at some point, and then back down and then up again =p
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btckold24
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December 26, 2015, 12:14:02 PM |
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Yeah a lot of markets even the stock market tend to go down around this time of year. It also could be
companies that are accepting bitcoin turning it into cash. Unfortunately they have to pay their bills with
fiat which could cause some selling.
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WENGER
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December 26, 2015, 12:18:16 PM |
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It's perfectly normal in this time of the year since many dump in ways of exchanging their Bitcoins with the use of online exchanges therefor by doing this, they convert in a bit lesser amount each time and that makes the price go down a bit but no worries as it surely goes up right away when this week is finish and it might possibly go even higher than it used to stay.
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BitcoinMarketStore (OP)
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December 26, 2015, 12:34:48 PM |
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I'm afraid it return under 400 soon!
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calkob
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December 26, 2015, 12:39:20 PM |
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If antone knew exactally why the price of bitcoin went up and down they would be worth a fortune, i would have a good guess that people at this time of the year have other things to purchase.  |
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maku
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December 26, 2015, 01:08:26 PM |
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If you see charts of bitcoin price from previous years, you can see similarities. Bitcoin price in December was always really high.
In January we usually had huge collapse of market and price went down to be low for first quarter of a year. Nothing unusual here.
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Jeremycoin
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𝓗𝓞𝓓𝓛
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December 26, 2015, 01:10:27 PM |
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I'm afraid it return under 400 soon!
Don't worry sir, I believe it won't go there anymore. As long as you hodl your Bitcoins (at least, don't spend it too much) |
faucet used to be profitable |
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crazyivan
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December 26, 2015, 01:17:00 PM |
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A few $ can be NY effect, over $30 down withing 1 hour, that s pure speculation and profit taking. Chinese exchnages re playing the market cause BTC price s not sufficiently high enough to prevent players to move the price. This is how new markets are being formulated, I ve seen that many times and it ll pass once BTC hits about 15-20 billion market cap.
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trafficolaa
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December 26, 2015, 01:18:00 PM |
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I'm afraid it return under 400 soon!
I don't think it will go under $400 because this rise with more solid growth so that it will stay above $400 this time current fall cause of new year and people selling to get some money to celebrate there. |
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sahliano
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December 26, 2015, 01:22:40 PM |
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Yester day is Christmas, and 4 days ahead is New Year. People need money, so they sell their Bitcoin. Which makes the price going down, that's why you have to HODL yeah i think you are right on this one it will not matter after the halfing it will go up again and more soi think this is an apportunity to buy before it's go up again |
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Rubberduckie
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December 26, 2015, 01:26:27 PM |
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Could be christmas like others have stated or could just be a normal
pullback. I mean it didnt drop that much. This thread scared me and
had to run to btc-e lol. I thought we dropped to like 300 while opening
christmas gifts hahah
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tokeweed
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Life, Love and Laughter...
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December 26, 2015, 01:30:02 PM |
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Why price continue to go down? There are some notice ? It has lost any technical support? What happen? I'm not have idea about! Someone could explain the situation?
Because dump. |
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EdenHazard
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December 26, 2015, 01:36:41 PM |
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Why price continue to go down? There are some notice ? It has lost any technical support? What happen? I'm not have idea about! Someone could explain the situation?
i was also surprised when I saw the price, and was forced to delay the transaction i would do, and also forced to cancel my intention to sell bitcoin, this probably not a good Christmas for bitcoin price, hopefully tomorrow the price is back to normal and to the moon  |
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jackthedoe
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December 26, 2015, 01:39:28 PM |
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Yesterday is Christmas, and 4 days ahead is New Year. People need money, so they sell their Bitcoin. Which makes the price going down, that's why you have to HODL i agree with you, and it made me happy, because with that sentence we can conclude that people are using bitcoins and this is a good news. Btw don't worry so much about the Price it will raise soon. ( i hope ) |
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Xialla
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/dev/null
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December 26, 2015, 01:45:38 PM |
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Why price continue to go down? There are some notice ? It has lost any technical support? What happen? I'm not have idea about! Someone could explain the situation?
because previously price did rise without any real reason behind. it it just game + people need money during end of the year.. |
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eddie13
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BTC or BUST
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December 26, 2015, 01:50:23 PM |
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BUY BUY BUY!!!
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Chancellor on Brink of Second Bailout for Banks
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Denker
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December 26, 2015, 02:03:10 PM |
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Why price continue to go down? There are some notice ? It has lost any technical support? What happen? I'm not have idea about! Someone could explain the situation?
There are no special reasons.It's just the market!More sellers than buyers.That's it. No science and deep explanations needed. That's how Bitcoin's character is. Type of rollercoaster and never boring. What goes down will also go up again don't worry. |
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maokoto
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December 26, 2015, 02:38:49 PM |
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Also, it is possible that some overbought before Christmas expecting a Christmas pump that has not been so high, then they sell in part also for the money needed for new year.
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