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Author Topic: Why Bitcoin Price is going down ?  (Read 2069 times)
DomainerCheaper (OP)
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July 10, 2017, 03:26:34 PM
 #1

Hello dear Bitcoiners


I'm seeing the chart in red lines, that the bitcoin price is going down; Why that's happening?

Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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July 10, 2017, 04:10:54 PM
 #2

Actualy it's not going down, the price is moving around 2400-2500$ for a while now. But you have to know that stability is not one of characteristics of Bitcoin price but volatility. So constant changes and corrections of price caused by market factors are normal.
Since you don't know this facts you are probably new in Bitcoin but you will learn with time.

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July 10, 2017, 04:41:40 PM
 #3

Actualy it's not going down, the price is moving around 2400-2500$ for a while now. But you have to know that stability is not one of characteristics of Bitcoin price but volatility. So constant changes and corrections of price caused by market factors are normal.
Since you don't know this facts you are probably new in Bitcoin but you will learn with time.

You are actually right. It's just matter of time. Don't panic. Stay calm.

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DomainerCheaper (OP)
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July 10, 2017, 05:03:31 PM
 #4

Actualy it's not going down, the price is moving around 2400-2500$ for a while now. But you have to know that stability is not one of characteristics of Bitcoin price but volatility. So constant changes and corrections of price caused by market factors are normal.
Since you don't know this facts you are probably new in Bitcoin but you will learn with time.

You are actually right. It's just matter of time. Don't panic. Stay calm.

Thank you for your appreciated informations.
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July 10, 2017, 07:29:03 PM
 #5

Hello dear Bitcoiners


I'm seeing the chart in red lines, that the bitcoin price is going down; Why that's happening?



There are various reasons and the most probable reason is the upcoming Segwit activation. Some users are just afraid of what will happen when Segwit gets activated. Some sell their Bitcoin in order to play safe if ever Bitcoin goes down harshly that is why we see some decrease on Bitcoin's price. But rest assured because nothing is to be worried about. The activation will be beneficial for Bitcoin so just hold your coins and neglect the chart reading. It is normal.
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July 10, 2017, 09:51:44 PM
 #6

Hello dear Bitcoiners


I'm seeing the chart in red lines, that the bitcoin price is going down; Why that's happening?



There are various reasons and the most probable reason is the upcoming Segwit activation. Some users are just afraid of what will happen when Segwit gets activated. Some sell their Bitcoin in order to play safe if ever Bitcoin goes down harshly that is why we see some decrease on Bitcoin's price. But rest assured because nothing is to be worried about. The activation will be beneficial for Bitcoin so just hold your coins and neglect the chart reading. It is normal.
They are afraid because fearmongers are mixing soft and hard forks together. They're taking advantage of people who don't know how SegWit works and trying to start a panic run. Just look at some posts in bitcoin discussion. Every couple minutes someone asks if his money will disappear on August 1st, and some "good souls" are advising to cash out or move coins to a blockchain wallet, because we're going to fork Roll Eyes

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July 10, 2017, 09:58:01 PM
Last edit: July 10, 2017, 10:08:53 PM by stompix
 #7

Hello dear Bitcoiners


I'm seeing the chart in red lines, that the bitcoin price is going down; Why that's happening?

It's because you opened the 75 876 thread about the price going down.

Actualy it's not going down, the price is moving around 2400-2500$ for a while now.

It's 2328 at this moment so yes it is going down.
But nothing to panic...yet.

That's how so many experts, including myself, are certain it will drop under $1000 soon.

Experts in......failure?

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July 10, 2017, 10:06:41 PM
 #8

It's going down because of the hard fork that is going to happen.
Therr will be double the amount of coins. Ao that at least halves the current price. And one, if not both of the chains will die out quickly and it will all be a giant mess in the ecosystem forcing people to move to safer and better coins. Dropping the value even lower.
That's how so many experts, including myself, are certain it will drop under $1000 soon.

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July 10, 2017, 11:45:10 PM
 #9

It's going down because of the hard fork that is going to happen.
Therr will be double the amount of coins. Ao that at least halves the current price. And one, if not both of the chains will die out quickly and it will all be a giant mess in the ecosystem forcing people to move to safer and better coins. Dropping the value even lower.
That's how so many experts, including myself, are certain it will drop under $1000 soon.

The hard fork might actually be good for Bitcoin in the long run. It could put an end to the scaling debate, if one of the coins is wildly successful.
We can withstand the intermittent volatility.


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July 10, 2017, 11:52:28 PM
 #10

It's going down because of the hard fork that is going to happen.
Therr will be double the amount of coins. Ao that at least halves the current price. And one, if not both of the chains will die out quickly and it will all be a giant mess in the ecosystem forcing people to move to safer and better coins. Dropping the value even lower.
That's how so many experts, including myself, are certain it will drop under $1000 soon.

Nice good buying opportunity  Grin
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July 11, 2017, 02:38:18 AM
 #11

Hello dear Bitcoiners


I'm seeing the chart in red lines, that the bitcoin price is going down; Why that's happening?



Those are panic caused by the 1 august that there are some people said the bitcoin will get the hardfork activation that gives the panic feels for everyone to save their money into the fiat, but i think that's not true. The bitcoin will still alive.
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July 11, 2017, 02:55:52 AM
 #12

Hello dear Bitcoiners


I'm seeing the chart in red lines, that the bitcoin price is going down; Why that's happening?



Even the alt coins are on a red market know. It's because of the upcoming fork and everyone seems to be scared with the split so those whales are trying to convert their funds to some alt coins or simply cashing it out to fiat. Don't worry after August 1 price will be up again as microsoft announces it's adoption.



 

 

 

 

 

 


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July 11, 2017, 03:17:00 AM
 #13

Actualy it's not going down, the price is moving around 2400-2500$ for a while now. But you have to know that stability is not one of characteristics of Bitcoin price but volatility. So constant changes and corrections of price caused by market factors are normal.
Since you don't know this facts you are probably new in Bitcoin but you will learn with time.
I agree with your opinion. Bitcoin prices only fluctuate for a while, it just goes down slightly and will continue to increase

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July 11, 2017, 03:19:45 AM
 #14

Actualy it's not going down, the price is moving around 2400-2500$ for a while now. But you have to know that stability is not one of characteristics of Bitcoin price but volatility. So constant changes and corrections of price caused by market factors are normal.
Since you don't know this facts you are probably new in Bitcoin but you will learn with time.
Thank you for this information. Now I can safely invest in long-term bitcoin
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July 11, 2017, 03:26:58 AM
 #15

Yeah, the fork coming up is definitely causing some people to worry as there is a lot of uncertainty around what will happen after the fork. In the long run, bitcoin will come out ahead though, just need to let the dust settle.
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July 11, 2017, 03:33:57 AM
 #16

Does anyone even know what the Fork they are worried about?



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July 11, 2017, 04:24:19 AM
 #17

Hello dear Bitcoiners


I'm seeing the chart in red lines, that the bitcoin price is going down; Why that's happening?



Those are panic caused by the 1 august that there are some people said the bitcoin will get the hardfork activation that gives the panic feels for everyone to save their money into the fiat, but i think that's not true. The bitcoin will still alive.

all people panic about hardfork and segwit next month
and not good effect too in altcoin, because all altcoin down price is Extreme
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July 11, 2017, 04:44:20 AM
 #18

Hello dear Bitcoiners


I'm seeing the chart in red lines, that the bitcoin price is going down; Why that's happening?



Those are panic caused by the 1 august that there are some people said the bitcoin will get the hardfork activation that gives the panic feels for everyone to save their money into the fiat, but i think that's not true. The bitcoin will still alive.

all people panic about hardfork and segwit next month
and not good effect too in altcoin, because all altcoin down price is Extreme

Now, bitcoin almost mastered the whole market, it directly affects the value of the whole of the altcoins, this is an extremely disadvantageous thing for altcoins, I think the virtual currency market is having a hard time. , It is difficult for the virtual money king.
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July 11, 2017, 04:47:25 AM
 #19

I think it's all because of our concern for the declining price, so we sell bitcoin without thinking long, because we think better 50% loss than not back at all. That is the cause of the destruction of bitcoin price i guess, and we also not the indicator of the national Market alone, but international.
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July 11, 2017, 05:16:53 AM
 #20

Many traders are pulling out profit from bitcoin that's why bitcoin price is dropping and people are moving money from alts to bitcoin that's why all alts are in blood bath. All this is just due to panic on the market triggered by news about possible split of bitcoin network after activation of segwit on august. I am strongly holding all my bitcoin and alts right now and will only sell for profit.  Grin

 
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