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Author Topic: BTC sudden price fall?  (Read 3536 times)
raven7886
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July 01, 2017, 07:26:10 PM
 #81

ppl need to cashout, that's ok.

Yep that is why we have corrections, no currency or asset can go up exponentially forever without having a substancial number of people cashing out causing the market to correct itself down a bit from time to time. The alternative would just signal a massive bubble forming.

Correct. This is one of those signal that will indicate massive bubble. Prediction is that after activation in August we will see major bubble, still some think we will see falling in price but this small amount of speculators. This will only rally more investors with this correction and think that this isnt last one. Expect to see at least 2-3 more before activation.
Is it definitely a signal that will give a big bubble?? I think is not, we can only predict whether the price will fall or rise without a clear basis. Actually we know when the price will start falling, it's there any bad news even though it is also not certain to make the price fall because now bitcoin holders are pretty much that where they do not want to sell their bitcoin even though the price down.
We the bitcoin users can save the bitcoin from falling its price low, when all the bitcoin users will prefer to hold the bitcoin and not to sell it, I think it will really work.

The price of the bitcoin can fall due to the correction but if the issues are resolved that currently are making problems for the bitcoin to grow more, then I think the price of the bitcoin will boom. I don’t know what will happen in the future with the bitcoin but I only hope that all is going to happen for the wellbeing of the bitcoin.
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July 01, 2017, 07:57:27 PM
 #82

ppl need to cashout, that's ok.

Yep that is why we have corrections, no currency or asset can go up exponentially forever without having a substancial number of people cashing out causing the market to correct itself down a bit from time to time. The alternative would just signal a massive bubble forming.

Correct. This is one of those signal that will indicate massive bubble. Prediction is that after activation in August we will see major bubble, still some think we will see falling in price but this small amount of speculators. This will only rally more investors with this correction and think that this isnt last one. Expect to see at least 2-3 more before activation.
Is it definitely a signal that will give a big bubble?? I think is not, we can only predict whether the price will fall or rise without a clear basis. Actually we know when the price will start falling, it's there any bad news even though it is also not certain to make the price fall because now bitcoin holders are pretty much that where they do not want to sell their bitcoin even though the price down.
We the bitcoin users can save the bitcoin from falling its price low, when all the bitcoin users will prefer to hold the bitcoin and not to sell it, I think it will really work.

The price of the bitcoin can fall due to the correction but if the issues are resolved that currently are making problems for the bitcoin to grow more, then I think the price of the bitcoin will boom. I don’t know what will happen in the future with the bitcoin but I only hope that all is going to happen for the wellbeing of the bitcoin.

Today every one were waiting that Australia will announce the Bitcoin as currency and going to withdraw all taxes and make it free but i think they did not responded and that is why market reacting it and going down.
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July 01, 2017, 09:44:06 PM
 #83

Today every one were waiting that Australia will announce the Bitcoin as currency and going to withdraw all taxes and make it free but i think they did not responded and that is why market reacting it and going down.

I see so this is the reason why the price now is shaking down. Is it still too early for Australia to announce bitcoin as currency to them? Everyone seems to be disappointed on what's happening right now. And hoping that it will not go back $1,900 or beyond lower. The market is making every single handle to panic but I'll keep on holding.



 

 

 

 

 

 


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July 01, 2017, 09:47:28 PM
 #84

The market had been mostly undecided for the last few days, and now as the Judgment day draws nearer, people become nervous and anxious, so it shouldn't surprise anyone that they are looking to cash out. I suspect we should see extreme volatility in July

Thank you Deisik. Judgement day, do you mean Segwit?

Yeah I think august will be the judgement day for us holders of bitcoin. we might see it surge up or goes down. we must wait for the result of the segwit of bitcoin.
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July 01, 2017, 10:00:52 PM
 #85

This month we will see a minimum price for bitcoin. The whales spent a lot of money in order to provoke a panic. Towards the end of the month they will begin to lower prices and this will enhance the effect of the panic. Then they will buy coins alarmists and the price will go up dramatically.
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July 02, 2017, 03:30:43 PM
 #86

Hello!

Over the past days BTC has fallen quite a bit, also ETH. Any clue why? Seems to be opportunity to buy more.


Yes it is always wise decision to buy every alts that are in red during bloodbath, if you have bought at the time of your post than you are already in profit.
This is how the real traders deals with the trading unlike the others who starts panic selling they expend their portfolio collection and wait for the good time. I bought ripple when its price fall to 0.22 dollars some four weeks ago and now it is giving me profit but I am not going to sell it I think I can make more income from it if I hold it for the next couple of weeks.
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July 02, 2017, 06:17:14 PM
 #87

We the bitcoin users can save the bitcoin from falling its price low, when all the bitcoin users will prefer to hold the bitcoin and not to sell it, I think it will really work

Most Bitcoin users are there for profits

They are not there to save Bitcoin or change the world, for that matter. If people bought bitcoins with their hard-earned money, they are obviously looking to sell them for profit when price rises. You can't really expect them to "save the bitcoin from falling its price low" or anything to that tune. Should they, according to you, buy more bitcoins since how otherwise they could prop the prices up? Also, I'm curious if you yourself are going to follow your idea and actually put your money where your mouth is

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July 03, 2017, 10:08:10 AM
 #88

We the bitcoin users can save the bitcoin from falling its price low, when all the bitcoin users will prefer to hold the bitcoin and not to sell it, I think it will really work

Most Bitcoin users are there for profits


So true. Dont know many users that are not here for profit. Most put some life time savings into this and hopping to see it double or triple the investment.


Should they, according to you, buy more bitcoins since how otherwise they could prop the prices up?

And there are some that dont understand how thing work off course.



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July 03, 2017, 10:34:00 AM
Last edit: July 03, 2017, 10:44:07 AM by deisik
 #89

We the bitcoin users can save the bitcoin from falling its price low, when all the bitcoin users will prefer to hold the bitcoin and not to sell it, I think it will really work

Most Bitcoin users are there for profits

So true. Dont know many users that are not here for profit. Most put some life time savings into this and hopping to see it double or triple the investment

I don't really know if anyone actually put their life time savings in Bitcoin

But that would be an outright insane decision, anyway. I've heard it many times about people pouring all they had into some Ponzi scheme (even into the Ponzi scheme which had been started by Charles Ponzi himself) and losing all in the end. On the other hand, I read posts of some folks here which pretended to be early adopters (not actually the very first adopters like Hal Finney but those who could still successfully mine Bitcoin on graphics cards), and they claimed that they were going to keep their coins till the end, i.e. until Bitcoin becomes a mainstream currency (and they a new wealthy elite) or until it bites the dust. Though I don't think there are many such people left, and some of them will definitely cash out long before the end of the game, so to speak

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July 03, 2017, 11:06:47 AM
 #90

This month we will see a minimum price for bitcoin. The whales spent a lot of money in order to provoke a panic. Towards the end of the month they will begin to lower prices and this will enhance the effect of the panic. Then they will buy coins alarmists and the price will go up dramatically.

What do you mean by minimum price of bitcoin? It will be seen at dip? We already saw it went back to $1,800 but it pumped again fast back to it's current price. I doubt it that we are going to see bitcoin's price lower again because these days the price is starting to make movement positively.

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July 03, 2017, 12:12:03 PM
 #91

We the bitcoin users can save the bitcoin from falling its price low, when all the bitcoin users will prefer to hold the bitcoin and not to sell it, I think it will really work

Most Bitcoin users are there for profits

So true. Dont know many users that are not here for profit. Most put some life time savings into this and hopping to see it double or triple the investment

I don't really know if anyone actually put their life time savings in Bitcoin

But that would be an outright insane decision, anyway. I've heard it many times about people pouring all they had into some Ponzi scheme (even into the Ponzi scheme which had been started by Charles Ponzi himself) and losing all in the end. On the other hand, I read posts of some folks here which pretended to be early adopters (not actually the very first adopters like Hal Finney but those who could still successfully mine Bitcoin on graphics cards), and they claimed that they were going to keep their coins till the end, i.e. until Bitcoin becomes a mainstream currency (and they a new wealthy elite) or until it bites the dust. Though I don't think there are many such people left, and some of them will definitely cash out long before the end of the game, so to speak

Yes this is true. There are some that made good profit with good investment and there are some that put some or all savings in bitcoin ans in that case made profit. For this it will always bee some ponzi or pyramid scheme that will be only to take you/mine/someone else money and runaway. This is something that we cant stop. But for some early adopter i will say with almost 100% they sell immediately after that coin is on market for profit nothing else.



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July 03, 2017, 12:21:59 PM
 #92

This month we will see a minimum price for bitcoin. The whales spent a lot of money in order to provoke a panic. Towards the end of the month they will begin to lower prices and this will enhance the effect of the panic. Then they will buy coins alarmists and the price will go up dramatically.

What do you mean by minimum price of bitcoin? It will be seen at dip? We already saw it went back to $1,800 but it pumped again fast back to it's current price. I doubt it that we are going to see bitcoin's price lower again because these days the price is starting to make movement positively.

But what about end of July.
Everyone know there will be segwit and all ...

Im afraid we are not in some trap now cause noone selling anything ofc on lows
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July 04, 2017, 02:12:35 AM
 #93

The sudden fall is because of the news about Bitcoin splitting some are panicking for that is the reason they sell their coins. The news about splitting isn't clear yet for me because last time i heard though the pools are in favor of the split but the core developers of Bitcoin are not participating.
Yes some newbies have got panic and started selling their bitcoins as usual.Once again,a great chance for big whales to grab more btc before its price rises.Also,we could see bitcoin price recovering a little immediately after a fall.It is mainly due to the continuation of buy orders since bitcoin has users nowadays all over the world.
At some point they need to learn the lesson that bitcoin is at its strongest when facing great pressure, right now is the moment to buy, you could wait a little bit to get a better price but the moment to buy is now, this is not the right moment to sell for the simple reason that segwit is going to be activated soon and with that the price will skyrocket.
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July 07, 2017, 07:33:09 AM
 #94

The sudden fall is because of the news about Bitcoin splitting some are panicking for that is the reason they sell their coins. The news about splitting isn't clear yet for me because last time i heard though the pools are in favor of the split but the core developers of Bitcoin are not participating.
Yes some newbies have got panic and started selling their bitcoins as usual.Once again,a great chance for big whales to grab more btc before its price rises.Also,we could see bitcoin price recovering a little immediately after a fall.It is mainly due to the continuation of buy orders since bitcoin has users nowadays all over the world.
At some point they need to learn the lesson that bitcoin is at its strongest when facing great pressure, right now is the moment to buy, you could wait a little bit to get a better price but the moment to buy is now, this is not the right moment to sell for the simple reason that segwit is going to be activated soon and with that the price will skyrocket.
As of yesterday and today bitcoin price has increased and there is no negative change happening. Negative fluctuations may have happened in the past but they are minor as compared to the success of bitcoins.

If you see the rice going down the best option is to hold your bitcoins until price again rises. You can see many graphs on the internet which represent the price of bitcoin at different point of times is past and those graphs clearly show that if prices drop and you hold your bitcoins you will not be in loss as they are not going to drop forever.

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July 08, 2017, 04:01:51 AM
 #95

Hello!

Over the past days BTC has fallen quite a bit, also ETH. Any clue why? Seems to be opportunity to buy more.


Any time is the right moment to buy bitcoin if you are planning to hold for the long term, so I will not really think too much about the price fluctuation since it is not really important.
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July 08, 2017, 08:17:29 AM
 #96

Hello!

Over the past days BTC has fallen quite a bit, also ETH. Any clue why? Seems to be opportunity to buy more.


Any time is the right moment to buy bitcoin if you are planning to hold for the long term, so I will not really think too much about the price fluctuation since it is not really important.
Don't think about the prices of bitcoin, all crytocurrencies or altcoins were experienced of declining of price. Just believe to the potential and credibility of bitcoin. Moreover, I think this is the right time to buy more bitcoin because I'm pretty sure that after this decreasing of their value. Bitcoin price was rapidly increasing.
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July 08, 2017, 02:35:10 PM
 #97

This month we will see a minimum price for bitcoin. The whales spent a lot of money in order to provoke a panic. Towards the end of the month they will begin to lower prices and this will enhance the effect of the panic. Then they will buy coins alarmists and the price will go up dramatically.

What do you mean by minimum price of bitcoin? It will be seen at dip? We already saw it went back to $1,800 but it pumped again fast back to it's current price. I doubt it that we are going to see bitcoin's price lower again because these days the price is starting to make movement positively.
Probably by the end of July will be another reduction in the price of bitcoin. Whales have invested too much money in order to spread such panic. Now is the time to lower the price and collect coins, but your coins I will not sell. What will be will be but I will remain loyal to bitcoin.
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