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Author Topic: Look Bitcoin is going Down?  (Read 2829 times)
puremage111
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May 21, 2016, 02:20:05 PM
 #21

As what most saying, ETH, is affecting it, if people has been speculating on an altcoin which will get good and great recognisation, they will start dumping the main coin Tongue

I mean like for me, if i have $100, i would rather get all ETH because im getting X quantity of ETH, buying Btc i wont even get to get 1 btc
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May 21, 2016, 02:20:56 PM
 #22

Within 2 months Bitcoin is going up very fast, but in this month bitcoin price has been stopped and now Bitcoin's price is going down...IN this time, bitcoin is $446 and before week Bitcoin was $471.
WHY?
You know after one and half month ago HALVING is coming.
But i think that it is not suitable price of BITCOIN.
What do you think about it.
Like other crypto currencies Bitcoin is also volatile, so it's price also fluctuates with time, so no big deal with the price fluctuations.
But according to me the price will show an upward trend after halving as at that time miner's will get very less reward for same(probably more) amount of work done, so they will definitely be selling their coins for surely more price.
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May 21, 2016, 02:22:05 PM
 #23

Within 2 months Bitcoin is going up very fast, but in this month bitcoin price has been stopped and now Bitcoin's price is going down...IN this time, bitcoin is $446 and before week Bitcoin was $471.
WHY?
You know after one and half month ago HALVING is coming.
But i think that it is not suitable price of BITCOIN.
What do you think about it.

You have to understand something here.
Bitcoin is in the market so its price depends on supply and demand, like in every other market in the world.
So, if more people buying, price is going up.
If more people selling, price is going down.
There is no mystery here but also no reason for panic.
It's normal situation and it's happening all the time.
Now, price is going down, in a several weeks will go again up and so on.
I suggest you not to look BTC price to often, and worry to much about it, but to concentrate on collecting as much Bitcoin as you can get Smiley


If that is the case, since bitcoin price is going down, is it right to say that many will buy bitcoin and will result for the price to go up again?

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May 21, 2016, 02:30:19 PM
 #24

Within 2 months Bitcoin is going up very fast, but in this month bitcoin price has been stopped and now Bitcoin's price is going down...IN this time, bitcoin is $446 and before week Bitcoin was $471.
WHY?
You know after one and half month ago HALVING is coming.
But i think that it is not suitable price of BITCOIN.
What do you think about it.

You have to understand something here.
Bitcoin is in the market so its price depends on supply and demand, like in every other market in the world.
So, if more people buying, price is going up.
If more people selling, price is going down.
There is no mystery here but also no reason for panic.
It's normal situation and it's happening all the time.
Now, price is going down, in a several weeks will go again up and so on.
I suggest you not to look BTC price to often, and worry to much about it, but to concentrate on collecting as much Bitcoin as you can get Smiley


If that is the case, since bitcoin price is going down, is it right to say that many will buy bitcoin and will result for the price to go up again?

Yes, this scenario will happen but we can't say when it will happen. It depends on the users. At a time when the number of people who buy bitcoin exceeds the number of people who sell bitcoin, BTC price will start to rise again.

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May 21, 2016, 02:34:37 PM
 #25

Within 2 months Bitcoin is going up very fast, but in this month bitcoin price has been stopped and now Bitcoin's price is going down...IN this time, bitcoin is $446 and before week Bitcoin was $471.
WHY?
You know after one and half month ago HALVING is coming.
But i think that it is not suitable price of BITCOIN.
What do you think about it.
like ussually,now bitcoin price under $443,and its like last month,and i'm sure price going up again in next week.
i think bitcoin price will affected by bitcoin halving just when bitcoin halving come,and now its not have any effect for bitcoin price.

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May 21, 2016, 02:43:07 PM
 #26

It's good news. It is time to buy more. Bitcoin prices is very likely to be manipulated. When prices slide, people panic and start selling. That's when manipulators could go in and swoop more. This is just my guess.

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terman45x
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May 21, 2016, 02:46:05 PM
 #27

It's good news. It is time to buy more. Bitcoin prices is very likely to be manipulated. When prices slide, people panic and start selling. That's when manipulators could go in and swoop more. This is just my guess.

If you feel that bitcoin is going down then keep busy yourself in buying as much as you can as this time might not come ever again, try to make best use of it.
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May 21, 2016, 02:57:30 PM
 #28

I don't understand why every time the price of Bitcoin falls down a bit people tend to panic and think it's going to crash to the ground. Come on guys this doom and gloom conversation is not healthy at all because the sky is not falling yet. Bitcoin's price is volatile and that is to be expected. There are ups and downs and certainly the halving hasn't started yet so any speculations right now are simply unfounded. This is clearly an attempt from alt coin supporters to discredit Bitcoin  Wink

terman45x
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May 21, 2016, 03:00:53 PM
 #29

It's good news. It is time to buy more. Bitcoin prices is very likely to be manipulated. When prices slide, people panic and start selling. That's when manipulators could go in and swoop more. This is just my guess.

If you feel that bitcoin is going down then keep busy yourself in buying as much as you can as this time might not come ever again, try to make best use of it.

yeah i am doing the same as if I feel that price is comparatively low and  it can give me profits in future then you should buy it as price would  go higher in future for sure.
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May 21, 2016, 04:46:45 PM
 #30

etherum is etherum bitcoin is bitcoin 470$-440$ it is even not 10%,what a panic,it is usuall for bitcon,if i see posts like that i see btc pump is coming

 
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May 21, 2016, 05:11:42 PM
 #31

Time to relax as we approach the halving, the price has gone down a bit but it's not a crash is it, lets be honest.

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May 21, 2016, 06:37:58 PM
 #32

Loads has been invested into etherium, some are dumping BTC for ETH. ETH will tank, make no mistake. The unlimited coin supply is a problem.



Going for ETH is right approach ?

I have a foot in both camps.

I have 28th  In avalon6's and s-7's

I have 225 mh in Eth coin rigs.

I am holding some btc
I am holding some eth
I am holding some cash

I will be able to shift from one to the other as needed.

Better to be in a position then none, I see.

As for ETH problems though, is that the supply is "unlimited" and there is no real set hard number - which would question its value no?

I mean coinbase is naming their exchange after it.. I saw this someone point http://www.coindesk.com/coinbase-exchange-rebrand-ethereum-trading/

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May 21, 2016, 06:46:02 PM
 #33

Admit it, we need another Gox to pump bitcoin prices up like mad.

Right now it is the mEth doing the pump instead of Bitcoin, so that's why everyone become a mEth lover instantly.

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May 21, 2016, 06:48:04 PM
 #34

Admit it, we need another Gox to pump bitcoin prices up like mad.

Right now it is the mEth doing the pump instead of Bitcoin, so that's why everyone become a mEth lover instantly.

They are jus converting into bitcoin because of fast movement but i heard this is an experiment from devs they are just playing the price of ethereum investing $150 million.. so that they can attract more people to invest to their project.

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May 21, 2016, 07:35:12 PM
 #35

At some point just before of the halving many Alts holders will switch over BTC even ETH holders.
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May 21, 2016, 07:40:07 PM
 #36

at this point i think more people will confused seeing the market not active and also i think we are now near with halving but the price not want move up much.

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May 22, 2016, 12:03:49 AM
 #37


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May 22, 2016, 03:16:17 AM
 #38

at this point i think more people will confused seeing the market not active and also i think we are now near with halving but the price not want move up much.

i am not sure to sell my bitcoins or save them ?  As price is growing down. Panic   Embarrassed
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May 22, 2016, 03:19:24 AM
 #39

at this point i think more people will confused seeing the market not active and also i think we are now near with halving but the price not want move up much.

i am not sure to sell my bitcoins or save them ?  As price is growing down. Panic   Embarrassed
im saved cause ive already sell my bitcoins when it was at 458.now bitcoin is at 430 and going down everyday..it will only go up when halving starts
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May 22, 2016, 03:35:52 AM
Last edit: May 22, 2016, 03:53:52 AM by bones261
 #40

Wow, some people must either have short memories or are truly new to Bitcoin. Cheesy I remember when I first started to get involved in Bitcoin in the summer of 2014, the value made a free fall the whole time. Then for a good portion of 2015, it hovered in the low to mid $200's.
Personally, Bitcoin and altcoins are just a diversion for me. Babysitting my small coin stash provides hours of cheap entertainment. It sure beats Candy Crush.
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