So, what's up with the price?

[Ron~Popeil]

The better question is what is up with the prices of ETH, DASH, and XMR. Those coins have been raising quite high in the past couple of days and it seems like it hasn't slowed down too from what I am seeing. But, let's see. Maybe when everything else goes down again bitcoins will shoot up to $2,000.

Yes let's hope for the best and i am sure these coins are no competitors to bitcoin and bitcoin will rule the digital currency market and it's going to happen very soon as per projection we will reach $1300 in couple of months.

[Reid]

I am more surprised of the way it went down last few days. Below $1000? That is a hell of a fall.
Do bitcoin holders really panic like that to make it fall for $200?
I thought we are risking some money here for a better profit in the future.
Just a news about bitcoin ETF makes them excited then suddenly dump it after the news of not accepting it.
We should really change the way we see bitcoin.

[york780]

Momentum is turning. Just made 0.2 BTC profit today and i am in BTC again. This means that we must move up because otherwise i got burned. It is slowly turning more bullish again. Already + 7 EUR since the lowest point of today. FUD defeated, just like BU. Now we need to stop those false fork rumours.

[maker88]

I am more surprised of the way it went down last few days. Below $1000? That is a hell of a fall.
Do bitcoin holders really panic like that to make it fall for $200?
I thought we are risking some money here for a better profit in the future.
Just a news about bitcoin ETF makes them excited then suddenly dump it after the news of not accepting it.
We should really change the way we see bitcoin.

Dude it was below 1000 for all of 10 minutes. It was a cascade of sell offs triggered by news of etf denial, and a whole lot of stops getting triggered. It was back at 1200 in a day.

[wedatin]

The better question is what is up with the prices of ETH, DASH, and XMR. Those coins have been raising quite high in the past couple of days and it seems like it hasn't slowed down too from what I am seeing. But, let's see. Maybe when everything else goes down again bitcoins will shoot up to $2,000.

That could happen. But if the scaling problem of bitcoin is not solved, people will start using altcoin.

[lexico]

...

That could happen. But if the scaling problem of bitcoin is not solved, people will start using altcoin.

lol.
if people start using something else then there is no scaling problem.
it would solve itself.

[Wind_FURY]

OP, the reason is simple, it is all a bubble. There are whales behind the scenes that are pumping the price. I also believe connecting the price of Bitcoin with the direction of the stock market is a mistake. Bitcoin operates and moves beyond all the traditional ways of economics. It is its own little world.

Bitcoin price bump is based on the people use it. Demand and supply determining the value of bitcoin whether it is bump or dump. You could check in Google, many of the companies are initiated block chain technology to the firms to make more secured to avoid the hacking issue through out globally.
Bubble is because of heavy rate of adoption around the world. Its been continuing till this year end. Wait and watch to see the next peak value.

Then please present the evidence. I believe we have not really seen Bitcoin really being used as a currency yet. Most of the transactions are from the dark markets which is growing but it is not really that big yet. The rest are being held in wallets as an investment. Present the numbers and the stats then I will believe you.

[BingoDog]

I am more surprised of the way it went down last few days. Below $1000? That is a hell of a fall.
Do bitcoin holders really panic like that to make it fall for $200?
I thought we are risking some money here for a better profit in the future.
Just a news about bitcoin ETF makes them excited then suddenly dump it after the news of not accepting it.
We should really change the way we see bitcoin.

Dude it was below 1000 for all of 10 minutes. It was a cascade of sell offs triggered by news of etf denial, and a whole lot of stops getting triggered. It was back at 1200 in a day.

Right, nothing big happened with the price, no significant dump and I don't know why people are making such drama out of it? There is nothing wrong with the price, it has kept the good value with goods position to continue to rise and come up to bigest value so far so don't make problems where there isn't any.

[springgers]

Momentum is turning. Just made 0.2 BTC profit today and i am in BTC again. This means that we must move up because otherwise i got burned. It is slowly turning more bullish again. Already + 7 EUR since the lowest point of today. FUD defeated, just like BU. Now we need to stop those false fork rumours.

FUD defeated?
I don't think bitcoin is out of the woods just yet.
There are the alts to to defeat first.
They are the ones who are taking away from bitcoin's thunder.
Attack of the clones (Alts) maybe the next chapter in the book of bitcoin just maybe to be encountered until it is clear to grow into what it was meant to become into from the very start.

[Lavander]

I am more surprised of the way it went down last few days. Below $1000? That is a hell of a fall.
Do bitcoin holders really panic like that to make it fall for $200?
I thought we are risking some money here for a better profit in the future.
Just a news about bitcoin ETF makes them excited then suddenly dump it after the news of not accepting it.
We should really change the way we see bitcoin.

Dude it was below 1000 for all of 10 minutes. It was a cascade of sell offs triggered by news of etf denial, and a whole lot of stops getting triggered. It was back at 1200 in a day.

Right, nothing big happened with the price, no significant dump and I don't know why people are making such drama out of it? There is nothing wrong with the price, it has kept the good value with goods position to continue to rise and come up to bigest value so far so don't make problems where there isn't any.

I think it is all about fork. Investors are not sure when and what will happen - the true is that these are only speculations, and in my opinion someone is just playing here. People reactions we can see on charts, but nobody said that fork will ever happen.
I'm sure after the weekend everything calms down.

[richardsNY]

I think it is all about fork. Investors are not sure when and what will happen - the true is that these are only speculations, and in my opinion someone is just playing here. People reactions we can see on charts, but nobody said that fork will ever happen.
I'm sure after the weekend everything calms down.

Speculation or not, investors that aren't really into Bitcoin and just stick to trading, are most likely the ones that are pulling out right now. I can't really blame them as uncertainties regarding everything related to BU grows. Especially now exchanges have released their approach on how to deal with 2 different chains, where both Bitcoin and BU might get a separate exchange listing. Basically the same as what happened with ETH and ETHC. I however don't think it will come that far.

[Junko]

Maybe it's just the Winlkevoss Twins selling off a portion of their hodlings, since, you know...

[aardvark15]

Maybe it's just the Winlkevoss Twins selling off a portion of their hodlings, since, you know...

This drop is probably just a correction due to the recent rise in price. Traders will sell some Bitcoins when the price is high and wait for a drop in price to buy back in.

[Lavander]

Maybe it's just the Winlkevoss Twins selling off a portion of their hodlings, since, you know...

Or Roger Ver is selling his 300 000 fortune, because he already know that BTU will win battle and remove BTC from market..  

[lumeire]

Maybe it's just the Winlkevoss Twins selling off a portion of their hodlings, since, you know...

Let's hope that's just the case, because if that's only it, we'd bounce back early.

[Wind_FURY]

Maybe it's just the Winlkevoss Twins selling off a portion of their hodlings, since, you know...

Or Roger Ver is selling his 300 000 fortune, because he already know that BTU will win battle and remove BTC from market..  

Allow me to enlighten you a little. Read this http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/

I also believe that you have automatic BTU if the fork splits the blockchain. Please correct me if I am wrong. And if not, you already have BTC that will become BTU. So no need for Roger Ver to do anything.

Or maybe he wants to split the blockchain so that he will double his 300,000 fortune.

[Pamadar]

Maybe it's just the Winlkevoss Twins selling off a portion of their hodlings, since, you know...

Let's hope that's just the case, because if that's only it, we'd bounce back early.

always needed to be positive mate, if this just cause by some big holders and support from real investors will comes up and suck those
dumped coin for sure we will be able to bounce back, right now its really risky shorting btc might be needed for some more time to
see how this flow will continue.

[Marma Kalari]

Maybe it's just the Winlkevoss Twins selling off a portion of their hodlings, since, you know...

Or Roger Ver is selling his 300 000 fortune, because he already know that BTU will win battle and remove BTC from market..  

Allow me to enlighten you a little. Read this http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/
I also believe that you have automatic BTU if the fork splits the blockchain. Please correct me if I am wrong. And if not, you already have BTC that will become BTU. So no need for Roger Ver to do anything.
Or maybe he wants to split the blockchain so that he will double his 300,000 fortune.

If a single individual could single handedly influence the fate of bitcoin by splitting the block chain and there by increasing his fortune will not stand in a good note with all the officials who are trying to pass the ETF  and this will be shown as a proof in the future and the growth will be shunned if anything of that sort will happen.I am not sure how these things will play out and may be people who invested in it are not willing to risk what they are not sure and so is the reason for the sell off.

[CyberKuro]

Maybe it's just the Winlkevoss Twins selling off a portion of their hodlings, since, you know...

Or Roger Ver is selling his 300 000 fortune, because he already know that BTU will win battle and remove BTC from market..  

Allow me to enlighten you a little. Read this http://www.coindesk.com/bitcoin-exchanges-unveil-emergency-hard-fork-contingency-plan/

I also believe that you have automatic BTU if the fork splits the blockchain. Please correct me if I am wrong. And if not, you already have BTC that will become BTU. So no need for Roger Ver to do anything.

Or maybe he wants to split the blockchain so that he will double his 300,000 fortune.

Indeed, no need to panic sell as our bitcoin will doubled (in BTU) if that condition really happen just like ethereum did last year.
We can't do anything about it and just wait for them accomplish consensus. I consider this recent decline as normal fluctuate on bitcoin environment because if it doesn't goes up, it will fall down.

[york780]

Lets got something clear :

-mister X has got 10 BTC in his wallet.

-Fork happens and mister X shits his pants and sells his BU coin.

-Coin sold, wallet empty trash BU sold

I dont get it why you say we can double our coins at the fork? When you sell them they are gone right?