Why is the price dropping?

[Capradina]

bitcoin price movements can go up and down very quickly. some of the factors that caused prices to decline bitcoin bitcoin is no issue about the weakening in the market. like conditions hack exchange some time to happen. market confidence will decline.

when hacker has attacking the exchange would have caused panic to the holders who do not have more funds but for the holders who have more funds they do not need to sell bitcoin instead they will buy more when prices fall.

It's an information that is most correct. because the holder of the funds that have only a little bit, they certainly fear that it is the end of all their desires (benefit). everyone will want to get an advantage, but if they have to face something that endanger them. Surely they prefer to lose a little than to have to lose all the money they invested.

[equator]

bitcoin price movements can go up and down very quickly. some of the factors that caused prices to decline bitcoin bitcoin is no issue about the weakening in the market. like conditions hack exchange some time to happen. market confidence will decline.

when hacker has attacking the exchange would have caused panic to the holders who do not have more funds but for the holders who have more funds they do not need to sell bitcoin instead they will buy more when prices fall.

It's an information that is most correct. because the holder of the funds that have only a little bit, they certainly fear that it is the end of all their desires (benefit). everyone will want to get an advantage, but if they have to face something that endanger them. Surely they prefer to lose a little than to have to lose all the money they invested.

This is the main reason why their is small price dropping, comparing when their was news about exchange getting hacked and bitcoins are stolen but still then market did not reacted too much, so it means that now all of them have faith in bitcoins and when ever their is a selling pressure most of them will try to buy it as they are just waiting for the price to drop and they can make more investment. It is a good sign for bitcoin future.

[gkv9]

Where are you guys seeing price being dropped???
I don't see it dropping??? It already dropped and it is stable between $570 - $600...
People bumping this thread are actually showing support to such misleading statement...

It all depends where you bought. If someone bought around the peak of the price this year, the price of Bitcoin is dropping for him. Bit, I agree that in long run we are in the rising trend. Only by comparing to where we were summer last year we made already an amazing progress.

the problem with a lot people here is that they only look at short term charts. there looking, these people think the price is going downwards. if they ever take the effort to open charts longer than just 1 or 2 months, then they will indeed see an impressive rush to where we are now. and looking at that, it makes me happy as it can be seen as quite an achievement.

That is exactly my point. People should do a bit of their own due research before making such statements. Price is going up and down, there is never straight highway just up or just down. The long term is definitely rising.

I said that for long term only, and not short squeezes...
Because like many of us, I am too in for the long term in bitcoins, and not short time profits, because I don't want to contribute to those high panics that take place when such things like dumps happen...

[elDano]

Price of the bitcoin is always dropping and that is because there are allot of peopel just holding coins instead of really spent them you know there are to many people not paying attention to that and that is such a shame for the rest of the bitcoin users.

[DomesticTrader]

Price of the bitcoin is always dropping and that is not because there are so many people just holding their coins but you also have to know that there are also peopel dont even have one bitcoin and i think if everyone is using bitcoins the price will rise allot.

[iqlimasyadiqa]

Price of the bitcoin is always dropping and that is because there are allot of peopel just holding coins instead of really spent them you know there are to many people not paying attention to that and that is such a shame for the rest of the bitcoin users.

it was quite reasonable. because most Holding bitcoin can make the circulation movement of bitcoin becomes slower.  increasingly using bitcoin will make the price increase.

[pissedoff]

Price of the bitcoin is always dropping and that is because there are allot of peopel just holding coins instead of really spent them you know there are to many people not paying attention to that and that is such a shame for the rest of the bitcoin users.

it was quite reasonable. because most Holding bitcoin can make the circulation movement of bitcoin becomes slower.  increasingly using bitcoin will make the price increase.

Using bitcoin will make the bitcoin market price go up but the people who are holding their coins are just looking to profit when the price goes up so they are not going to use it.

[Maesters1-]

Price of the bitcoin is always dropping and that is because there are allot of peopel just holding coins instead of really spent them you know there are to many people not paying attention to that and that is such a shame for the rest of the bitcoin users.

no it is not so, the price of bitcoin is not dropping all the time, and if people are holding bitcoin then its mean that there will be the shortage of bitcoin in the market and then every one will be ready to buy it even with high price and the price of bitcoin will continue rising and will not fell down with holding it.

[elDano]

The price is not only dropping the price will also rise sometimes but when it does no one knows and that is not strange because when you know it you can make easy money and so easy cant be true.

[DomesticTrader]

It's bitcoin,  the price always drops and goes straight back up just the way it is. Either sell all and buy them at all time low or just hold on to them as they rise!

[Stedsm]

It's bitcoin,  the price always drops and goes straight back up just the way it is. Either sell all and buy them at all time low or just hold on to them as they rise!

True, it just dropped because hackers dumped their coins as they wanted to get out with fiat.
The market is currently free and open from FUD, so thinking that the price will drop any further is stupid.
Wait some time and you will see some great news coming in which will let bitcoins jump up again.

[AlexBits]

Right now I'm also in a tough position thinking about buying some btc just waiting for the right time. They are a little stable at the moment and I'm just waiting to see if the next spike is going to be a spike up or a spike down.

[Shibashi Dogemoto]

Right now I'm also in a tough position thinking about buying some btc just waiting for the right time. They are a little stable at the moment and I'm just waiting to see if the next spike is going to be a spike up or a spike down.

I don't think there is any good news coming related to bitcoins so price will not spike for next few months and it can go down only if there is any bad news or else it will remain stable for some more time.

[gilangIDR]

many consequences that cause prices to decline bitcoin. one that often happens is the loss of bitcoin on the exchange. nearly last few years it often is. even the experience was a great exchange.

[randy8777]

many consequences that cause prices to decline bitcoin. one that often happens is the loss of bitcoin on the exchange. nearly last few years it often is. even the experience was a great exchange.

it's no coincidence anymore. it happened too often for people not to notice it. it's pure manipulation where a few people make loads of money from. it's not the first time that it happened, and definitely not the last time.

[ausbit]

Where are you guys seeing price being dropped???
I don't see it dropping??? It already dropped and it is stable between $570 - $600...
People bumping this thread are actually showing support to such misleading statement...

It all depends where you bought. If someone bought around the peak of the price this year, the price of Bitcoin is dropping for him. Bit, I agree that in long run we are in the rising trend. Only by comparing to where we were summer last year we made already an amazing progress.

For the people who are waiting since the 2013 rise it will be a long waiting time, although I am certain in time the price will  get high, but when you compare the price to 1 month back it's sad to see the hack did bring it so low. Even lower after this weekend.

Yeah unfortunately the recent bitfinex hack made a lot of people lose trust in bitcoin. However bitcoin has taken this blow very well and is still and a very good price compared to the beginning of the year.

[Ayers]

Where are you guys seeing price being dropped???
I don't see it dropping??? It already dropped and it is stable between $570 - $600...
People bumping this thread are actually showing support to such misleading statement...

It all depends where you bought. If someone bought around the peak of the price this year, the price of Bitcoin is dropping for him. Bit, I agree that in long run we are in the rising trend. Only by comparing to where we were summer last year we made already an amazing progress.

For the people who are waiting since the 2013 rise it will be a long waiting time, although I am certain in time the price will  get high, but when you compare the price to 1 month back it's sad to see the hack did bring it so low. Even lower after this weekend.

Yeah unfortunately the recent bitfinex hack made a lot of people lose trust in bitcoin. However bitcoin has taken this blow very well and is still and a very good price compared to the beginning of the year.

but that happened a very long time ago already, 1 month ago? and the price is still very low, so there must be another reason for this downtrend

[StoreBit]

Price of the bitcoin is always dropping and that is because there are allot of peopel just holding coins instead of really spent them you know there are to many people not paying attention to that and that is such a shame for the rest of the bitcoin users.

it was quite reasonable. because most Holding bitcoin can make the circulation movement of bitcoin becomes slower.  increasingly using bitcoin will make the price increase.

Using bitcoin will make the bitcoin market price go up but the people who are holding their coins are just looking to profit when the price goes up so they are not going to use it.

but i think if people are holding bitcoin and not selling it, it will create the shortage of bitcoin and the demand will increase and this the price of bitcoin will also increasing.

[elDano]

The price of the bitcoin is always dropping you cant do anything about it because is depends all about what happend with the bitcoin in that period you know allot of peopel are holding and holding is bad for the price.

[DomesticTrader]

Price of the bitcoin will always drop some but there are also risings and that is the reason why the bitcoin is goign around the value of 600 dollar he never drops allot but when he does eveyone makes losses .