Is the price of bitcoin falling because of halving?

[freundes]

With the current rate of bitcoin falling day by day, when would you suggest is the best time to buy more bitcoins?
Any suggestions?

[~Bitcoin~]

No i don't think so as halving have actually limited supply of new coins and it is hard to predict reason behind this recent dump.
Price may go down a little bit more but i don't think we will see another 10% down in next few days actually price may become stable well above 600$ for few more days before it recover its price back to 650$ range.

[vodaljepa]

There could be many reasons and for that fact nobody knows exactly why

[freundes]

Just bought some bitcoins yesterday...
With the current price i should have waited 

[buyinbtc]

There could be many reasons and for that fact nobody knows exactly why

yeah, though i think that might be just people wanting to not lose their money so they actually just sell all their bitcoins in order to make fiat

[randy8777]

the current price drop is the result of people being disappointed that the price didn't go up after the block halving. some even say the closed door miners meeting has something to do with this. looking at the moment the price started to tank, they might be right on that. but it's just speculation. other than that i have to say that the current price does offer people a great entry point.

[gentlemand]

Hot air eventually gets found out and that's the case with this. Bitcoin production has reduced. That's not the same as supply. If the price is right there's always supply. There might well be some type of halving effect but it's not going to be instant and perhaps the system will route around the differences it creates.

As for when to buy who knows? No one looks very convinced around this price level either. The trend is your friend.

[mindrust]

Yeah, the hype is over now. Back to the 500's. That's if we are lucky. If we are not, welcome to 400's.

The general direction will be only down from now on, 'till  we get close to the next halving, which is very far away. Don't get deceived by the fake pumps, they won't last.

[gentlemand]

The general direction will be only down from now on, 'till  we get close to the next halving, which is very far away. Don't get deceived by the fake pumps, they won't last.

Nearly four years of downtrend? Wow. On that basis I'll have to pay to hold BTC. If I remember rightly there weren't any halvings anywhere near any of the majority of the price explosions.

[pissedoff]

Yeah, the hype is over now. Back to the 500's. That's if we are lucky. If we are not, welcome to 400's.

The general direction will be only down from now on, 'till  we get close to the next halving, which is very far away. Don't get deceived by the fake pumps, they won't last.

The chance of the bitcoin market price falling to $500 is low because we have some good support above that price.

[mindrust]

The general direction will be only down from now on, 'till  we get close to the next halving, which is very far away. Don't get deceived by the fake pumps, they won't last.

Nearly four years of downtrend? Wow. On that basis I'll have to pay to hold BTC. If I remember rightly there weren't any halvings anywhere near any of the majority of the price explosions.

That's because they weren't real pumps. They were market manipulations. Gox manipulated the markets heavily by stealing their customers money. That had nothing to do with the halving at all.

Gox shouldn't have existed in that time frame but mistakes happen.

[vero]

With the current rate of bitcoin falling day by day, when would you suggest is the best time to buy more bitcoins?
Any suggestions?

certainly not, half did not give any impact either price increase or decrease in price, this is a very normal occurred in bitcoin. i think this is a good chance to you to make a profit.

[hasiramasenju]

With the current rate of bitcoin falling day by day, when would you suggest is the best time to buy more bitcoins?
Any suggestions?

actually i have no idea to explain what cause make bitcoin prices falling day by day and also i won't blame the halving and even some people said prices will pump again soon but honestly i'm not sure with their opinion and it's too risky if i hold too long bitcoin if the prices back again to $600 below

[ivan1975]

I think 480-500 good price to buy.

[raj1]

halving has not effected anything directly.but it effected price as a reason.before halving people started collecting their money and started saving them and now when things got normal price will goto normal range too that is 400$

[Superbitzz]

in fact there can be so many reason for the present downfall. but my personal view is that is is not because of halving, but i think that is just a panic selling, people are just afraid of crashing the bitcoin, therefore every one is going to safe himself and they are ready to sell their bitcoin even for lower price. but i think this downfall will not continue for a long time and hope that at the level of 550$ it will be resisted and hope that after that it will again start rising.

[justdimin]

Yeah, the hype is over now. Back to the 500's. That's if we are lucky. If we are not, welcome to 400's.

The general direction will be only down from now on, 'till  we get close to the next halving, which is very far away. Don't get deceived by the fake pumps, they won't last.

That's not going to happen. The price has been gradually increasing all due to the speculation of halving and it will again be stable at $600 in the next few weeks. Last year as well the price doubled and it did remain stable at $350-$400 after that. Dumping and pumping is common in BTC.

[freundes]

I think 480-500 good price to buy.

Hope it reaches that price soon 

[unholycactus]

With the current rate of bitcoin falling day by day, when would you suggest is the best time to buy more bitcoins?
Any suggestions?

The best time is always now if you're planing on buying at all.
You can't reliably time the market so it doesn't matter.

[1Referee]

I think 480-500 good price to buy.

If it happens to go down that much, then yes, it will be a more than perfect price to buy at nowadays. I however can't see the price go down that much right now.