Why is the price dropping?

[DuckKeeper]

The price is not dropping now and that is because it was already stable for a long time and now it will be the time that it will rise and that would be perfect for the people that is already using Bitcoin.
The halving is also coming so that is nice and maybe we can sell it this year with profit.

[BitHodler]

Price continues to grow, just for few weeks the price has been stagnant. This could continue to increase within weeks or at the time of halving.

At the moment the price is not dropping but rising and it continues to rise. We are going to reach 500 dollar soon maybe this or next month.
I am excited because I have been waiting to sell some coins.

The price isn't rising since it touched $500 back in November last year.

The price is just moving between the well known price levels for quite some months without anything special happening.

[Makinson]

Price continues to grow, just for few weeks the price has been stagnant. This could continue to increase within weeks or at the time of halving.

At the moment the price is not dropping but rising and it continues to rise. We are going to reach 500 dollar soon maybe this or next month.
I am excited because I have been waiting to sell some coins.

The price isn't rising since it touched $500 back in November last year.

The price is just moving between the well known price levels for quite some months without anything special happening.

The price will rise when the block size is increased to 2MB or more. If there is no increase, it will drop again.

[romero121]

Price continues to grow, just for few weeks the price has been stagnant. This could continue to increase within weeks or at the time of halving.

At the moment the price is not dropping but rising and it continues to rise. We are going to reach 500 dollar soon maybe this or next month.
I am excited because I have been waiting to sell some coins.

The price isn't rising since it touched $500 back in November last year.

The price is just moving between the well known price levels for quite some months without anything special happening.

The price will rise when the block size is increased to 2MB or more. If there is no increase, it will drop again.

That's not true. Block size is not at all an issue in recent days fall in price. Huge volume of accumulation has happened in few hands. When it gets released a huge pump in price will be experienced.

[Altcoinsupporter]

The price is not dropping now and that is because it was stable for a long time and have to change soon because many people are waiting for a price increase.
But the price increase will come soon and that would be nice for the most people with Bitcoin.

[maudevang]

These drops are normal and happen quite often lately. Don't pay too much attention to them. If you want to buy yourself some Bitcoins then right now is a good moment. Tomorrow or the day after that the price will go back to around $400 again.

These price drops happen more often, suddenly the price is going plus twenty Dollars. The next day the price can go down with twenty Dollars that is just how it normally goes nothing to special.

[randy8777]

Price continues to grow, just for few weeks the price has been stagnant. This could continue to increase within weeks or at the time of halving.

At the moment the price is not dropping but rising and it continues to rise. We are going to reach 500 dollar soon maybe this or next month.
I am excited because I have been waiting to sell some coins.

The price isn't rising since it touched $500 back in November last year.

The price is just moving between the well known price levels for quite some months without anything special happening.

The price will rise when the block size is increased to 2MB or more. If there is no increase, it will drop again.

i also think the price will go up when 2mb blocks are implenented, but the only question is, how long will the impact of the block size increase remain visible?

[pawel7777]

Is there something big going on? I'm asking because if it's just a hype thing (like the Mike Hearn thing) this would be a good time to buy. Otherwise I don't know

It could be (to some degree) an effect of DAO crowdfunding. They're the most successful campaign in the history with over $164m raised so far.

They only accept ETH, so I reckon there must have been lots of people who dumped BTC for ETH in order to buy in to DAO. ETH price going up seems to confirm this.

Other factor could be disagreements within Core devs/Blockstream team (G. Maxwell calling Adam Back/Luke Jr dipshits etc).

[Nolankane]

Price continues to grow, just for few weeks the price has been stagnant. This could continue to increase within weeks or at the time of halving.

At the moment the price is not dropping but rising and it continues to rise. We are going to reach 500 dollar soon maybe this or next month.
I am excited because I have been waiting to sell some coins.

The price isn't rising since it touched $500 back in November last year.

The price is just moving between the well known price levels for quite some months without anything special happening.

The price is not reducing now and the best thing that you can do now with Bitcoin is to wait for a higher value and that can be nice.
But the bad thing is that you need some profit and that is perfect for the people with Bitcoin.

[Murtiya]

Price continues to grow, just for few weeks the price has been stagnant. This could continue to increase within weeks or at the time of halving.

At the moment the price is not dropping but rising and it continues to rise. We are going to reach 500 dollar soon maybe this or next month.
I am excited because I have been waiting to sell some coins.

The price isn't rising since it touched $500 back in November last year.

The price is just moving between the well known price levels for quite some months without anything special happening.

The price is not reducing now and the best thing that you can do now with Bitcoin is to wait for a higher value and that can be nice.
But the bad thing is that you need some profit and that is perfect for the people with Bitcoin.

I hold most of the coins at the moment. I think the price could rise to $800 to $1000 later this year.

[Etaren]

There are allot of people who are just holding their coins and dont do anything with them so thats why the price is dropping that much because no one is using the coin right now. Off course this means not for everyone but there are allot of.

[Erzatium]

The price is not dropping at the moment but rising and it is currently on its way to hit $500. It can be true that the price has dropt a bit i the process but I am sure that it is going rise short after that again.

[Gasturcas]

The price is not dropping at the moment but rising and it is currently on its way to hit $500. It can be true that the price has dropt a bit i the process but I am sure that it is going rise short after that again.

That is right. The price hit $500 two days ago. It is around $520 now. It might be $550 in early June.

[LoyceV]

The price is not dropping at the moment but rising and it is currently on its way to hit $500. It can be true that the price has dropt a bit i the process but I am sure that it is going rise short after that again.

That is right. The price hit $500 two days ago. It is around $520 now. It might be $550 in early June.

It touched $550 yesterday already for a moment. Now it's about $20 under the peak. I'm guessing $600 in July now. But that's just speculation of course

[Lokfar]

The price is not dropping now and it needs also a longer time to rise so it have to be more worth also and that would be nice if that is possible.
But the halving is also coming and the most are hoping/thinking that the value will rise soon so they can also sell it with a lot of profit.

[mark coins]

The price is not dropping at the moment but rising and it is currently on its way to hit $500. It can be true that the price has dropt a bit i the process but I am sure that it is going rise short after that again.

That is right. The price hit $500 two days ago. It is around $520 now. It might be $550 in early June.

It touched $550 yesterday already for a moment. Now it's about $20 under the peak. I'm guessing $600 in July now. But that's just speculation of course

It will touch $600 before July now and I am sure price will be around $800 at the time of halving, so I am holding my coins now and will sell only at halving.

[Makinson]

The price is not dropping at the moment but rising and it is currently on its way to hit $500. It can be true that the price has dropt a bit i the process but I am sure that it is going rise short after that again.

That is right. The price hit $500 two days ago. It is around $520 now. It might be $550 in early June.

It touched $550 yesterday already for a moment. Now it's about $20 under the peak. I'm guessing $600 in July now. But that's just speculation of course

It will touch $600 before July now and I am sure price will be around $800 at the time of halving, so I am holding my coins now and will sell only at halving.

I am not sure the price will be around $800 at the time of halving. I expect it to be around $550 at the time.

[dezoel]

The price is not dropping at the moment but rising and it is currently on its way to hit $500. It can be true that the price has dropt a bit i the process but I am sure that it is going rise short after that again.

That is right. The price hit $500 two days ago. It is around $520 now. It might be $550 in early June.

It touched $550 yesterday already for a moment. Now it's about $20 under the peak. I'm guessing $600 in July now. But that's just speculation of course

It will touch $600 before July now and I am sure price will be around $800 at the time of halving, so I am holding my coins now and will sell only at halving.

I am not sure the price will be around $800 at the time of halving. I expect it to be around $550 at the time.

$550 will be achieved in next month, Price is moving up like anything, and if everything goes fine we may see this price even in next week.

[andreld]

Please explain me what is that all about this halving story?!
Why should the price going up for this event?
A lot idiotic question sorry about that.
But we can all learn  new stuff by asking

[zimmah]

Please explain me what is that all about this halving story?!
Why should the price going up for this event?
A lot idiotic question sorry about that.
But we can all learn  new stuff by asking

Every 10 minutes (on average) a batch of transactions is processed by a miner and a block is added to the blockchain, than that miner gets a reward for it.

Originally this reward was 50 bitcoin, but in 2012 it halved to 25 bitcoin and in july this will half again to 12.5 bitcoin.

This means that every 10 minutes there will be less new bitcoins generated than before, which means there will be less inflation, and miners will make less bitcoin.

Since miners are one of the main sources of bitcoin (they usually sell much more than they buy) this means that supply will decrease in the long run (it might not decrease in the short run, because people may have been hoarding coins to sell later), and a decreased supply, assuming equal demand, means higher prices.

On top of that the miners will try to drive the price upwards because they would like to still have a roughly equal amount of profit for their bitcoins in terms of dollars. Since they get half the bitcoin now, they'd need the price to double to remain equally profitable.

That's why many people expect the price to rise.

And that expectation is probably right too, because after the halving in late 2012 we all know that the bubble of 2013 took place, where the price rose from $12 to $1244 because there were 2 bubbles in 2013 both of which increased the price 10-fold.