Why is the price dropping?

[Murtiya]

If the block size does not increase, bitcoin is useless for daily transaction.

[Dr.Osh]

I guess because so many people are selling bitcoin they have a low price, thus making the price of bitcoin very quickly down to a low price, and I hope halted at this time it will not happen

[alisafidel58]

I guess because so many people are selling bitcoin they have a low price, thus making the price of bitcoin very quickly down to a low price, and I hope halted at this time it will not happen

People are dumping so that they can buy more bitcoin but you will see in the coming months bitcoin prices will be high.

[vendetahome]

Well people seem to be selling it and the prices fluctuating as always so I don't think that's a really bad thing though it surely doesn't let us make a lot of money

 I believe that everyone should hold their bitcoins right now as the price is going to rise in the future

[SmartIphone]

Now that the price of ETH is dropping slightly I think that bitcoin users are moving back to bitcoin and as I see from the charts bitcoin price is being increased a little bit every day.

[lissandra]

Now that the price of ETH is dropping slightly I think that bitcoin users are moving back to bitcoin and as I see from the charts bitcoin price is being increased a little bit every day.

I really dont get why everyones into the eth alt coin.

How does the price of ETH effect bitcoin though.. please enlighten me.

[SmartIphone]

Now that the price of ETH is dropping slightly I think that bitcoin users are moving back to bitcoin and as I see from the charts bitcoin price is being increased a little bit every day.

I really dont get why everyones into the eth alt coin.

How does the price of ETH effect bitcoin though.. please enlighten me.

Don't you need to make a higher profit, i have seen people that make more than 500%+ from trading eth to bitcoin and so on, i just think that it affected a bit the bitcoin market. You can read the news too. But the price of ETH has dropped recently.

[Murtiya]

Now that the price of ETH is dropping slightly I think that uᴉoɔʇᴉq users are moving back to uᴉoɔʇᴉq and as I see from the charts uᴉoɔʇᴉq price is being increased a little bit every day.

I really dont get why everyones into the eth alt coin.

How does the price of ETH effect uᴉoɔʇᴉq though.. please enlighten me.

Bitcoin is the base currency  in the digital world. People use bitcoin to buy Ethereum. So the price of bitcoin will drop.

[LMGTFY]

Now that the price of ETH is dropping slightly I think that uᴉoɔʇᴉq users are moving back to uᴉoɔʇᴉq and as I see from the charts uᴉoɔʇᴉq price is being increased a little bit every day.

I really dont get why everyones into the eth alt coin.

How does the price of ETH effect uᴉoɔʇᴉq though.. please enlighten me.

It used to be the case that, in order to buy (and sell) ETH, you needed to trade BTC for it - which would obviously have an affect on the price of BTC. That's no longer the case - exchanges are increasingly opening up ETH to be traded with USD - Poloniex, Kraken and Bitfinex all provide ETH/USD trading now - so ETH's impact on BTC has diminished.

[LeNakko]

For many ETH might look promising as it's quite new. Some believe it could change uᴉoɔʇᴉq in a long term, thats why more and more are changing sides from BTC to ETH.
For the past week, youtube was filled with videos made about ETH a the potential threat for the existance of uᴉoɔʇᴉq. But lets be realistic. There were more analogues of BTC over time, none of them could possibly move BTC out of a leader position. I don't think ETH could possibly do anything more than others could.

[n0ne]

I haven't experienced a great fall in price after it crossed $400 barrier. Now and then price is increasing and decreasing to a very low price. So by the coming days the price may go up as it has been staying round $415 for a long time.

[Kollor]

This thread was made during the hearn drama and cryptsy that makes the price drop, those two events also are the reason why the price dropped to up to $360+ that month.. But as we see it now, it bounced back after 2 months, and now moving only at around $400... So I guess the effect of those two are almost gone now...

[maku]

This thread was made during the hearn drama and cryptsy that makes the price drop, those two events also are the reason why the price dropped to up to $360+ that month.. But as we see it now, it bounced back after 2 months, and now moving only at around $400... So I guess the effect of those two are almost gone now...

Since that time we had major bitcoin conference with Chinese miners and bitcoin developers and isn't consensus of 2MB block and fix for other problems pretty much sure at this point?
For now the only event on a horizon which can mess up bitcoin price is The Halving.

[romero121]

I guess because so many people are selling bitcoin they have a low price, thus making the price of bitcoin very quickly down to a low price, and I hope halted at this time it will not happen

Now people are selling their bitcoin just because they have not experienced a good increase in price in the recent days. Only bitcoin had given small fluctuations with small increase and needs to wait long to get good profit.

[haileysantos95]

I guess because so many people are selling bitcoin they have a low price, thus making the price of bitcoin very quickly down to a low price, and I hope halted at this time it will not happen

Now people are selling their bitcoin just because they have not experienced a good increase in price in the recent days. Only bitcoin had given small fluctuations with small increase and needs to wait long to get good profit.

They are just panicking with the current situation,well its a good buy now if the price is dropping low so that we can gain more profit after a week or month.

[LMGTFY]

I guess because so many people are selling bitcoin they have a low price, thus making the price of bitcoin very quickly down to a low price, and I hope halted at this time it will not happen

Now people are selling their bitcoin just because they have not experienced a good increase in price in the recent days. Only bitcoin had given small fluctuations with small increase and needs to wait long to get good profit.

They are just panicking with the current situation,well its a good buy now if the price is dropping low so that we can gain more profit after a week or month.

And is the price dropping?

[BlueStackz]

I guess because so many people are selling bitcoin they have a low price, thus making the price of bitcoin very quickly down to a low price, and I hope halted at this time it will not happen

People are dumping so that they can buy more bitcoin but you will see in the coming months bitcoin prices will be high.

Your thought is correct, there are big whale in the world of bitcoin who whenever decide can easily change the tragedy by throwing a pile in the market, they sell not a big amount they have but only low down the price and then buy more than they sold.

[Gasturcas]

I guess because so many people are selling bitcoin they have a low price, thus making the price of bitcoin very quickly down to a low price, and I hope halted at this time it will not happen

Now people are selling their bitcoin just because they have not experienced a good increase in price in the recent days. Only bitcoin had given small fluctuations with small increase and needs to wait long to get good profit.

They are just panicking with the current situation,well its a good buy now if the price is dropping low so that we can gain more profit after a week or month.

And is the price dropping?

At present, or for the last 3 months, the price is not dropping. It is quite stable between $360 to $460.

[richardsNY]

I guess because so many people are selling bitcoin they have a low price, thus making the price of bitcoin very quickly down to a low price, and I hope halted at this time it will not happen

Now people are selling their bitcoin just because they have not experienced a good increase in price in the recent days. Only bitcoin had given small fluctuations with small increase and needs to wait long to get good profit.

They are just panicking with the current situation,well its a good buy now if the price is dropping low so that we can gain more profit after a week or month.

And is the price dropping?

At present, or for the last 3 months, the price is not dropping. It is quite stable between $360 to $460.

The $400 price level has been holding its position strongly lately. I think it's mainly the block halving that makes people hope for a rising price, and that may be the reason it didn't go below $400 again so far. I hope we'll have this same sort of stability when we are above the $500 price level. That would be great!

[luciann]

This thread was made during the hearn drama and cryptsy that makes the price drop, those two events also are the reason why the price dropped to up to $360+ that month.. But as we see it now, it bounced back after 2 months, and now moving only at around $400... So I guess the effect of those two are almost gone now...

I dont see why people get involved with alt coins when a major alt exchange is been displaced. After seeing that kind of experience, would forever get me out of the whole alt coin scene.