Why is the price sloping down?

[CrimBit]

In my opinion.
I think the last ransomware issue of cryptolock make bitcoin price sloping down, each bad news make bitcoin price fail, like last issue about mike hearn, or about XT Vs core etc.

[jertsy]

Could the price have dropped because of ethereum early adopters taking profits by selling their ethers for Bitcoins, then dumping the Bitcoins for fiat? If I held ethereum I'd be selling for some fiat profits. There's millions of dollars a day flowing through its markets and someone must be taking profit from the pump.

[richardsNY]

In my opinion.
I think the last ransomware issue of cryptolock make bitcoin price sloping down, each bad news make bitcoin price fail, like last issue about mike hearn, or about XT Vs core etc.

Definitely not. The market is behaving very normal the last months. The only negative thing that affected Bitcoin was the fud from Mike Hearn that made a lot people panic sell. As soon as people were realizing everything that Mike Hearn said was nothing more than fud, the price started to rise again. People should use their common sense before believing everything. If they did that there would be a lot less panic.

[CrimBit]

In my opinion.
I think the last ransomware issue of cryptolock make bitcoin price sloping down, each bad news make bitcoin price fail, like last issue about mike hearn, or about XT Vs core etc.

Definitely not. The market is behaving very normal the last months. The only negative thing that affected Bitcoin was the fud from Mike Hearn that made a lot people panic sell. As soon as people were realizing everything that Mike Hearn said was nothing more than fud, the price started to rise again. People should use their common sense before believing everything. If they did that there would be a lot less panic.

i think mike hearn issue has be done in last month, I doubt mike hearn issue make bitcoin sloping down again, how about spaming network bitcoin..? i think this is give negative impact too

[Pab]

I think fear is melting bitcoin is quietly trading over 400$ people see 3 in price and thay are starting his lament
does 410$ is ok for now