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Author Topic: When will Bitcoin drop and how?  (Read 2346 times)
sieemma (OP)
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June 03, 2017, 10:41:18 PM
 #1

Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?
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June 03, 2017, 10:46:21 PM
 #2

No one can know when the price will rise or drop or we would be rich already.
But you can be sure that the price of bitcoin will always rise in the long run. So if you can, buy more!

Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?
I may be mistaken, but if you asked what makes the price fall or rise in the market, that's the answer:

More people BUYING bitcoin = Price UP
More people SELLING bitcoin = Price DOWN

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ArdiPrabowo
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June 04, 2017, 02:36:31 AM
 #3

about you ask when bitcoin down price
anytime bitcoin price can down and corection price
but about bitcoin crash down price only bad news can bitcoin price is down over 500 dollar, example exchanger hack and more
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June 04, 2017, 03:06:49 AM
 #4

Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?

go back one level to the speculation board and start clicking the pages, there are 356 of them. you can see your question being asked on each price rise, specially if they were big, starting back when price went to $12 first and then $20 and each time the answer is the same.

we don't know, but the bitcoin adoption is increasing which leads to the price rise more and more in the long term.

Buying the dip...
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June 04, 2017, 05:15:47 AM
 #5

Price drop is normal with bitcoin. This happens periodically and the panic users sell to profit, but the same is used as an opportunity by the investors and make a much better profiting as the price increases in a certain time period once after it drops. For very big profit it's good to hold for a long using the opportunity when the price drop happens.

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June 04, 2017, 05:31:06 AM
 #6

Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?

If we know what will happened then no need for analyzations before we do trades.

Just remember some of the basic trading rules: Buy when Drop , Sell on Top, Don't buy while increasing, Don't sold while decreasing. It's more making sense to know how the market moves and how will you react rather than to pinpoint exactly when will bitcoin drops it's price since no one knows as it will depend on trader's majority moves on a certain trend. Factors could be, speculation, negative news, intentional dump of a whales etc.

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AK47-
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June 04, 2017, 05:48:44 AM
 #7

Demand and supply determines the price of bitcoin. When the demand increases more people buy bitcoin than selling it. This increases the price. Bitcoin price depends upon speculation too. Sometimes just through speculation by investors and experts, price increases. But that generally creates a bubble which eventually pops out after sometimes. At present, bitcoin demand have increased. More people are getting into bitcoin which increases the demand and halving cuts the supply. What I think is that bitcoin price will keep on increasing with some fluctuations if nothing major happens.
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June 04, 2017, 05:55:32 AM
 #8

Every where you go look and research and study for a while you'll see that Bitcoin has to drop down but is it? every time when you think there are no surprises it will still surprise you. one thing if I've learned correctly, there will be a massive dump no matter what we do because people will eventually need money or just are greedy and will dump but that doesn't mean Bitcoin lost it's value.

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pealr12
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June 04, 2017, 06:39:43 AM
 #9

No one knows when will bitcoin go down ,but you can determine it buy checking the demand  in supply.
Like what they have said ,if theres too many selling, price will go down demand on bitcoin goes down too,if the panic continues it will create a big hole ,maybe thats the time bitcoin  will drop.
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June 04, 2017, 07:33:36 AM
 #10

Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?

bitcoin price rising is not really something strange or new!
maybe your confusion is because you are new to the world of investment. in this world when some new investment (in this case) technology comes out there will be an adoption phase where new money keeps coming in and invests in that technology (in this case buys bitcoin) and because of that price keeps going up.

and because this new money is constantly adding up and the adoption grows the price can not drop. the drops you see are because of fast rises and orderbooks being small (with small order sizes) which leads to correction of price. and will soon continue going up as we have seen many times.

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June 04, 2017, 07:46:00 AM
 #11

When? tbh i don't know there is no sign or indication yet that price will drop so basically still it will be on top. How? if their is bad news in cryptoworld like hacking of a bitcoin related website such as gambling site, exchange site, etc. or there is a big dump mostly made by whales.
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June 04, 2017, 10:24:16 AM
 #12

Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?

Why you speak about a drop? You're looking for an entry point? Well there was an opportunity a few days ago as we dropped down to ~$1800!
Many things depend on the coming SegWit activation is august. If it goes smooth and miners like antpool realize they have no chance to avoid or stop it we could move up to $4k or higher until the end of the year.
If antpool and it's alliance of miners try to split the chain we will go down for a while in terms of price.
The bottom line is that no one really can know what's going to happen. Often Bitcoin acts like a wild beast and will do whatever it wants.
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June 04, 2017, 10:51:25 AM
 #13

Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?
When there will not be any big news which will be impacting negatively, we can expect bitcoin prices to keep on increasing in coming months. Even among any possible bad news, only short term corrections will be possible and after that prices will bounce back like how currently prices are doing after hitting $1800 last week.

Bitcoin was fundamentally designed to have huge values along with time (because then only, people will switch over to it by neglecting their traditional momentary systems ) or at least every four years. I am not seeing any reasons for prices to drop.
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June 04, 2017, 11:01:45 AM
 #14

The price cannot grow indefinitely. Sooner or later there will be saturation in the market of offers of bitcoins and the price will start to drop down. In Fiat money to overcome inflation can be due to sterilization of money supply and how this mechanism can be applied in bitcoin I don't know. So I think that in the future bitcoin price will fall.
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June 04, 2017, 11:06:19 AM
 #15

Bitcoin keeps popping up that I'm even confused sometimes. What I ask myself is so how is it going to stop and when? Or it will keep increasing? Will the activities with bitcoins increase or drop it, or will the activities with fiat currencies decrease the price of bitcoin?

Bitcoin market price movement is unpredictable. No one for sure when is the time to go up and down. Last weeks crash was not predicted by anyone. Well, they make want we call and "educated guess" on how the price movement will be. So price is very unstable now, but we are all optimistic here and believing that the price of bitcoin will surely rise in the future.

 
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BitHodler
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June 04, 2017, 11:16:15 AM
 #16

The price cannot grow indefinitely. Sooner or later there will be saturation in the market of offers of bitcoins and the price will start to drop down. In Fiat money to overcome inflation can be due to sterilization of money supply and how this mechanism can be applied in bitcoin I don't know. So I think that in the future bitcoin price will fall.
Bitcoin will grow as long as the demand grows. It's pointless to focus already on reaching a point at which the price won't increase anymore.

Bitcoin for me is like gold 2.0. Look at how gold has been important for thousands of years, and compare that with how we more and more depend on everything internet and technology related.

If you purely focus on the potential growth of Bitcoin, you'll start to realize that Bitcoin in current form is nothing more than a tiny dot.

I honestly believe that there is a possibility that our generation isn't even going to experience Bitcoin's ultimate top. That's how much I value my coins and will continue to firmly hodl them.

BSV is not the real Bcash. Bcash is the real Bcash.
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June 04, 2017, 11:50:50 AM
 #17

I cannot believe nobody has mentioned the upcoming UASF this coming August. If you do not know what that is then I suggest go read about it. If there was a possibility to make Bitcoin crash this year then that would be it.

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June 04, 2017, 11:57:00 AM
 #18

I cannot believe nobody has mentioned the upcoming UASF this coming August. If you do not know what that is then I suggest go read about it. If there was a possibility to make Bitcoin crash this year then that would be it.

that's the one. if we end up with two bitcoins, which would surprise me, i think the party would be permanently over.
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June 04, 2017, 12:08:06 PM
 #19

I cannot believe nobody has mentioned the upcoming UASF this coming August. If you do not know what that is then I suggest go read about it. If there was a possibility to make Bitcoin crash this year then that would be it.

that's the one. if we end up with two bitcoins, which would surprise me, i think the party would be permanently over.
No.  The price would drop until there was an obvious majority chain, at which point money would flow back in and there would be a domino effect which makes the previous one irrelevant.

Even if there was an ETH/ETC kind of situation there would be an obvious "winner".

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June 04, 2017, 12:12:37 PM
 #20

No.  The price would drop until there was an obvious majority chain, at which point money would flow back in and there would be a domino effect which makes the previous one irrelevant.

Even if there was an ETH/ETC kind of situation there would be an obvious "winner".

even if everything is smooth it sets a precedent and one that bitcoin can't afford. eth/etc doesn't matter. the users will do what they're told by vitalik. bitcoin doesn't work that way.
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