Why did you decline bitcoin today? please tell me.

[kosuk]

I do not know the reason. Why has it dropped by 15%?

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[2bfree]

I do not know the reason. Why has it dropped by 15%?

Don't fall for the fake stream media who always comes up with a reason when stocks go down, sometimes the reason is people just want to sell for no reason and it snowballs! Same with going up sometime people see it go up so they jump. Often no reason!

[aso118]

I do not know the reason. Why has it dropped by 15%?

The whole crypto market is in a sea of red today. I can see around 5 coins out of the top 100 which have risen today.
As per some news report, technology stocks (and Bitcoin) are being beaten down by market participants.

[Danslip]

I do not know the reason. Why has it dropped by 15%?

Traders cant see any upcoming  valuable news  for bitcoin.That's why they started downtrend

[ParabellumLite]

I do not know the reason. Why has it dropped by 15%?

Market is satiated: a bear market is about to start, with Bitcoin downtrending for a prolonged period of time. If you bought in high, I would advise you to cut losses at this point, but I'd like to stress you need to make your own decisions.

Remember, no asset can keep on appreciating forever. Maybe this is Bitcoin's Troy in the end, and most people will not see it coming when it happens. There's a distinct possibility it will never trend higher than 3000-ish USD again, but we cannot know for sure.

What we do know with a degree of precision is that it will continue to downtrend for now. Draw your conclusions based on that.

[boyptc]

I do not know the reason. Why has it dropped by 15%?

I can see that it's a domino effect, as aso118 said the whole crypto market is experiencing loss in total market shares and as well as other investment markets. So with the down market of bitcoin then alt coins are also affected. But don't worry about it, that will be on a good state after a couple days or week.

[ktabb]

I do not know the reason. Why has it dropped by 15%?

There doesn't need to be a reason... it's mostly just investor mentality. Bitcoin is volatile and investors go back and forth between greed and fear very easily.

[Skarner21]

I think the drop price of bitcoin is just a normal movement this is always happening if there are traders are satisfied what is the price..
Because they seen that the price of bitcoin from $2,900 drop and stay at $2,800 so before the price crash they sell their bitcoin and make  a profit.
And i think we don't need to be afraid of using bitcoin because its just 15% and i think we will see more price increase this following month the same as last year..

[vrm86]

If price had risen rapidly by 300%, why can't it go back to it's former position? That could be discussed, if BTC would crash after long phase of stable growth. Now, situation is the same as several times in the past - nothing extraordinary. Time to buy is coming 

[Icculus.]

The bear started at least two weeks ago. And to the OP, in the past it's taken a few days for the real driver behind big moves to become apparent. I believe this is due to the extremely global nature of this market. So, let's see what comes out over the next few days.

I do not know the reason. Why has it dropped by 15%?

Market is satiated: a bear market is about to start, with Bitcoin downtrending for a prolonged period of time. If you bought in high, I would advise you to cut losses at this point, but I'd like to stress you need to make your own decisions.

Remember, no asset can keep on appreciating forever. Maybe this is Bitcoin's Troy in the end, and most people will not see it coming when it happens. There's a distinct possibility it will never trend higher than 3000-ish USD again, but we cannot know for sure.

What we do know with a degree of precision is that it will continue to downtrend for now. Draw your conclusions based on that.

[Shiroslullaby]

People are scared of an upcoming hardfork.

Jihan Wu is either a fucking idiot or a genius. We will know in a couple months, I guess.
Either he is spreading FUD and shorting the hell out of the market (genius)
or destroying his own fortune due to hubris and ego (idiot).

[JefLiber]

People are scared of an upcoming hardfork.

Jihan Wu is either a fucking idiot or a genius. We will know in a couple months, I guess.
Either he is spreading FUD and shorting the hell out of the market (genius)
or destroying his own fortune due to hubris and ego (idiot).

In any case it's not normal. Every person who uses crypto currency should respect Bitcoin and consider it an art. And therefore Only our relations kriptovalyute can tell what results we are waiting for in the future.

[The_Dark_Knight]

I do not know the reason. Why has it dropped by 15%?

Most of the time there are not reasons for these movements, some people just wanted to get out of bitcoin and consolidate their earnings, that is it, most of the time there is not a big reason for movements for this, unless we saw a really big movement then that is the moment to look for a hack or something.

[matuson]

I'm a little bought for 2200. Now sell for 2900. I don't have a large amount to essentially make money, but for fun I'm a little speculating. Constant price spikes bitcoin make it very attractive for speculation.

[DaftAjax]

I do not know the reason. Why has it dropped by 15%?

When we see the value of Bitcoin go up, we're like yeeeeyyy. Then when we see the value of Bitcoin go down , we're like awwwwww.
But set that aside, the last couple of months the value of Bitcoin has its booming stage, and guess what it boost up to 150% from just a couple of months and 500% from last year, then how much less is 15%? Be optimistic, it will not go down.

[1Referee]

When we see the value of Bitcoin go up, we're like yeeeeyyy. Then when we see the value of Bitcoin go down , we're like awwwwww.

It's very simple actually - people put confidence out of an increasing market. People keep waiting for the price to go up, because their confidence is increasing alongside the price that is increasing. At the time they finally pull the trigger to start buying, they enter the market at near peak levels. If the price goes down after that, which is a normal market movement as people secure profits, they lose all confidence. In that regard, when you see people complain about a 15% drop, while the price has gone up like +100% in the last months, it's mostly all related to that.

[DaftAjax]

When we see the value of Bitcoin go up, we're like yeeeeyyy. Then when we see the value of Bitcoin go down , we're like awwwwww.

It's very simple actually - people put confidence out of an increasing market. People keep waiting for the price to go up, because their confidence is increasing alongside the price that is increasing. At the time they finally pull the trigger to start buying, they enter the market at near peak levels. If the price goes down after that, which is a normal market movement as people secure profits, they lose all confidence. In that regard, when you see people complain about a 15% drop, while the price has gone up like +100% in the last months, it's mostly all related to that.

I guess it is the human nature to incline more on the negative possibilities than on the positive outcome. And I mean it in a positive way, where it is good to incline more on the negative possibilities; to always have a Plan B, so that we are not gonna be surprised to that outcome.

[YuginKadoya]

When we see the value of Bitcoin go up, we're like yeeeeyyy. Then when we see the value of Bitcoin go down , we're like awwwwww.

It's very simple actually - people put confidence out of an increasing market. People keep waiting for the price to go up, because their confidence is increasing alongside the price that is increasing. At the time they finally pull the trigger to start buying, they enter the market at near peak levels. If the price goes down after that, which is a normal market movement as people secure profits, they lose all confidence. In that regard, when you see people complain about a 15% drop, while the price has gone up like +100% in the last months, it's mostly all related to that.

I guess it is the human nature to incline more on the negative possibilities than on the positive outcome. And I mean it in a positive way, where it is good to incline more on the negative possibilities; to always have a Plan B, so that we are not gonna be surprised to that outcome.

We can not control other peoples decision, it is there own will, it is on us if we want to succumb in their ways or not but as the bitcoin decline in value do we really take fear out of it? or are we're gonna still holding onto it and Wait for another come back? in my opinion I would just really wait for the big jump in the price even if they are spreading FUD because of the impending Split I will keep on holding until the last day of July. or if I can feel that the split is nearing it's course.

[Ayiranorea]

The price decrease with bitcoin is quite common and​today this has been stated as a big controversial subject because the price was expected to reach $3000 by which the price fell down. So this time the fall is hyped, other than which it is same as the one happening often.

[freebutcaged]

It wasn't feeling good recently poor thing I think it had a fever did you go visit it in it's dying bed at $2100 this morning? now I heard it's

All good and back up to $2500, not only poor Bitcoin is fine and well but the second son of crypto daddy LTC is horny and pumping just for

2-3 more days before dumping, I mean isn't this obvious? I don't really think these tricks working anymore, I'm warning you all stop selling

Any Bitcoin sub $3000 I wonder what would've happened if I was the one holding 16.4M Bitcoins and only was selling as low as $5000 do you

Think people would have bought anything or I'd be left alone with millions of coins in my bag? good thing we have miners and dumpers to

Dump their coins on a daily basis other wise we'd be dealing with a crisis of shortage of Bitcoins.