BTC sudden price fall?

[blackmagician]

Sudden fall in bitcoin price means ,whales are ready to buy and hold lots of bitcoins. Lets ride to those whales and buy some bitcoins while its cheap.

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[kalodu]

Sudden fall in bitcoin price means ,whales are ready to buy and hold lots of bitcoins. Lets ride to those whales and buy some bitcoins while its cheap.

Exactly, the best strategy is always to buy the dip. These corrections are nothing more than that, just corrections and the pump will eventually resume.

[Jeezy911]

I, for one, am thankful to our Bear overlords. Trying to get in on the cheap.

[pealr12]

This sudden fall  will give chance to those who are waiting for the bitcoin price to go down,where they can buy btc in a low price . These are the profit takers if im not mistaken. They are the ones who always  do this thing.

[soyab007]

It was more of a panic sell and market is now recovering nicely

[BossMacko]

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.

[angaper]

Gold is down.



Silver is down, too.

I would guess those holding gold/silver/bitcoin sold off to produce more liquidity for themselves or its a form of price manipulation

Did you check how much gold went down?

It is somewhere in the range of 1-1.5%. Basically, the change is just bordering on average daily volatility of this metal (and it's already rebounded to 1,243 dollars per ounce). Regarding cryptocurrency going south, the explanation is simple, and I've been telling it for a week already. 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

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?

August, 1st, yeah

But markets have always been, in essence, a place where uncertainty prevails, and therefore we have seen similar declines and volatility in the price at other times with no clear reasons. It is valid trying to justify this market behavior under the light of the information that we have at hand, but just as these days the price has dropped before this uncertain panorama, in the same way we could see in the next days a new upward correction still under the same circumstances because that is how free market works.

[Omega Weapon]

Hello!

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

It is to be expected, the prices have been very high all year I think it is time for the price to get lower, it was impossible to maintain those prices any longer especially as we get closer to segwit activation, some investors want to cash out and some prefer to stay out of crypto for some time and wait to see what happens with all this drama.

[ocid]

Lately the price of btc decreased as well as other types of coins, Probably with a price drop as there will be a bigger price spike in the near future either in July or August.

[KnightElite]

I guess FUD about august 1 is finally taking effect. There will be more of this as august 1 draws near. The upside is we can buy cheaper coins during this panic dump. And for long time holders, just hold on.

Yeah I think the value of the bitcoin will goes down in this august but I know bitcoin will recover in that situation. We   need to believe that the bitcoin will not die. We need to hold the bitcoin and sell it in the future.

[mharz]

I don't think so, maybe bitcoin need a little bit rest. Moreover maybe bitcoin were started to decline their value in the market. But I can't worry about decreasing of bitcoin value because I believe that bitcoin will increasing anytime.

[El Gato Feo]

  A FALL in BITCOIN and AltCoin is not of concern to the world yet. When it RAINS in LA Angelinos don't wonder WHY?

The "WHY" is evolution.  the Market is looking for a physical shape. You/WE are the GODS that create that Physical SHAPE.
HOLD onto your BITCOIN and BUY when its affordable When you can and SELL when  YOU WANT!
   BUT HOLD on to what we have. We are in an infantcy of currency exchange. This thing is not even crawling yet.
Promote EXCHANGE
    GET folks comfortable accepting Cryptocurrency. Buying it Holding it. selling it Trading it.
There is NO NEED for BITCOIN to BE BLESSED by a LOCAL DEITY, HIGH PRIEST
or  LOCAL President or even condoned by a RockaFeller.
we have the FUTURE. NURTURE IT.




   El GAto FEoBTC

[EdenHazard]

This sudden fall  will give chance to those who are waiting for the bitcoin price to go down,where they can buy btc in a low price . These are the profit takers if im not mistaken. They are the ones who always  do this thing.

i hope not so , better to see bitcoin keep skyrocketing instead falling.

and also it is not just bitcoin and eth , but now almost every single altcoin have got fallen, cryptocurrency seems experiencing a massive correctiion? a mass correction? i don't know what is the real reason why it is havened recently .

but i can speculate that people getting tired on the crypto stagnant price and then this happened.

[batang_bitcoin]

Gold is down.

Silver is down, too.

I would guess those holding gold/silver/bitcoin sold off to produce more liquidity for themselves or its a form of price manipulation.

If the two italian banks in bankruptcy held gold/silver/btc and sold off their holdings to payoff their debts, that might make sense.

So bitcoin is not the only one who is in down. And for sure that there's going to be another round for this correction. But this makes the market very good and balance, ups and downs making our trades good. This is really making those holders sell and do panic selling while the true believers will just keep on holding.

Once i was a panic seller, but never will repeat my mistake again. Now it is better to buy,look on WAVES it is cheap as hell and it would be really great crypto in future. Nice trades coming soon for all of us =)

The same thing with what I've learned with the market of crypto's especially in bitcoin. Look bitcoin is now recovering so ETH does. It's good to prefer to some other alt coins but it's up to you. Anyway, I will still go with my decision that I'll be holding bitcoin and will not let go of it until it reached my expectation.

[djtas bitbit]

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?

I hope the price of BTC did not suddenly fall because the atmosphere is unstable at the moment, maybe a lot of people who feel the doubt to the last second in determining the closer we got to extra patient. and always see the movement of the bitcoin so that at the beginning of July the determination does not occur to disappoint but made many smile seeing him with the price

[grim007]

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?

I hope the price of BTC did not suddenly fall because the atmosphere is unstable at the moment, maybe a lot of people who feel the doubt to the last second in determining the closer we got to extra patient. and always see the movement of the bitcoin so that at the beginning of July the determination does not occur to disappoint but made many smile seeing him with the price

I just notice that All cryptos are dump starting last Saturday. Is this just a coincidence that some big ICO are starting after price dump happened. I don't read any news related on certain price dump of crypto. Any thoughts?

[truongdhnh]

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?

I hope the price of BTC did not suddenly fall because the atmosphere is unstable at the moment, maybe a lot of people who feel the doubt to the last second in determining the closer we got to extra patient. and always see the movement of the bitcoin so that at the beginning of July the determination does not occur to disappoint but made many smile seeing him with the price

I just notice that All cryptos are dump starting last Saturday. Is this just a coincidence that some big ICO are starting after price dump happened. I don't read any news related on certain price dump of crypto. Any thoughts?

There's no solid evidence of it of it, probaly this is just a coincidence. Hope price back soon, i'm still holding.

[n0ne]

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?

I hope the price of BTC did not suddenly fall because the atmosphere is unstable at the moment, maybe a lot of people who feel the doubt to the last second in determining the closer we got to extra patient. and always see the movement of the bitcoin so that at the beginning of July the determination does not occur to disappoint but made many smile seeing him with the price

I just notice that All cryptos are dump starting last Saturday. Is this just a coincidence that some big ICO are starting after price dump happened. I don't read any news related on certain price dump of crypto. Any thoughts?

This doesn't look to be something out of control. The normal growth is happening and the price resistance is taking place, a panic situation has got risen among a certain community. This has made a large scale selling and has caused the price manipulation. Personally I don't think there is a need to relate bitcoin with altcoins as both function on different platforms.

[azguard]

If we look on this little more specific then price dropped little more then 9%, on top of this major alt like Ethereum and Litecoin also suffered a price drop with a little more percentage in price. But this happen all the time in the market and we should get used to it by now.

From this price drop we could expect correction in order to return to former price.

[HasHe]

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.