Why the bitcoin price is going down

[mailsforcyr]

HI Guys,
 Today i invested 3000USD for bitcoin. but i found that from last 2 days its price is down. I am new to this bitcoins. i am little scary to keep this much amount because it is going down. its already come down to 75USD less when compared to to my investment time.
Is there any particular reason for this change is the BTC price..?
can i keep the investment as it is  or can i sold it for loss of 100usd..?
please suggest me... .

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[Apraksin]

This is a correction, nothing dramatic. If you can then you should hold on to your bitcoins and wait for things to improve, which all previous experience shows will happen.

[fabiorem]

A correction for one month? This is a bear market.

[Apraksin]

A correction for one month? This is a bear market.

Bullshit. 2014-2016 was a bear market. This is just the market taking a breather.

[lizardbtc]

HI Guys,
 Today i invested 3000USD for bitcoin. but i found that from last 2 days its price is down. I am new to this bitcoins. i am little scary to keep this much amount because it is going down. its already come down to 75USD less when compared to to my investment time.
Is there any particular reason for this change is the BTC price..?
can i keep the investment as it is  or can i sold it for loss of 100usd..?
please suggest me... .

Number one rule in trading : Don't invest more than you can afford to lose

Don't expect to earn big overnight I assume that you are new investor, please search and read and understand the risks before doing so. First of look how straight bitcoin price went to like 3k$ for 1btc of course thatt some people would want out. On the other hand you have the uncertainty about the forking of bitcoin (or an upgrade if you will) that is coming on August 1st. If you came here for long term I will advise you to learn more and understand how the game is played or simply put your bitcoins somewhere and forget about them so later in the future you can look at it and see if it was worth investing or not (this can save you the stress that you might feel right now). In my opinion if you are for long term wait at least the new year because thats when the price pumps usually, I don't say that it will but it is my speculation as all we can do here is to speculate. If you strongly believe in bitcoin and that it price can raise then simply hold like many of us.

[rouhaud]

HI Guys,
 Today i invested 3000USD for bitcoin. but i found that from last 2 days its price is down. I am new to this bitcoins. i am little scary to keep this much amount because it is going down. its already come down to 75USD less when compared to to my investment time.
Is there any particular reason for this change is the BTC price..?
can i keep the investment as it is  or can i sold it for loss of 100usd..?
please suggest me... .

Bitcoin is in a hard position right now, his protocole will have to be change ( to accept more transaction per minute (search for segwit for more info) in the beginning of august.
But we don't know for the moment what will be the changes, differentes way to do it are on the table, but no agreement as been found as we speak.
So investor are not as confident as they were 1 or two month ago.

So difficult to say what you should do, but the people already in Bitcoin were expecting that...

[elite3000]

Because whales must scare people in order to buy low and get big profits in the future at the cost of panic sellers. It is nothing personal against you, they only want your money.

[richardsNY]

People have invested hundreds of thousands of dollars in Bitcoin, but aren't complaining at the time the price goes down. People buying themselves just over 1 BTC, and in most cases even less, are the one that constantly come up with such threads, relax! Bitcoin is well known for its volatility. If you invest in Bitcoin, you directly accept that you expose yourself to this volatility, and understand the other risks. If you can't handle this level of volatility, I think it's better for you to not invest in crypto at all. Never put your money into something from which you don't understand how its market works....

[TravelMug]

HI Guys,
 Today i invested 3000USD for bitcoin. but i found that from last 2 days its price is down. I am new to this bitcoins. i am little scary to keep this much amount because it is going down. its already come down to 75USD less when compared to to my investment time.
Is there any particular reason for this change is the BTC price..?
can i keep the investment as it is  or can i sold it for loss of 100usd..?
please suggest me... .

I guess your rank says its all, you are still a newbie and still haven't seen bitcoin fluctuations. I can say that this will only be a temporary dips so don't be afraid of what you are seeing. I suggest that you hold on your investment and don't panic and not sell. People are just cashing it out their investment that's why so are seeing that the price is going down. If you sold then you already lost your investment. And nobody wants to lose right? Hold and not sell.

[BisonPoint]

[BTC/USD 12h chart]
https://i.imgur.com/UwAPQh1.png

I agree, it is just a temporary correction;
On next raise it will go beyond $3,000.00

[goinmerry]

HI Guys,
 Today i invested 3000USD for bitcoin. but i found that from last 2 days its price is down. I am new to this bitcoins. i am little scary to keep this much amount because it is going down. its already come down to 75USD less when compared to to my investment time.
Is there any particular reason for this change is the BTC price..?
can i keep the investment as it is  or can i sold it for loss of 100usd..?
please suggest me... .

How come a bitcoin newbie just invest $3,000 without any knowledge how bitcoin market behave.

You just put money and hope that all things will come the way you want? If you want to maintain your position then it's up to you to hold more. If you want to get out, then just set how much you are willing to lose. There are lots of FUDS currently roaming around because of the expected happenings that will take effect after August 1. I suggest to always monitor the price so that somehow you are aware of the price movement regularly.

[wuvdoll]

HI Guys,
 Today i invested 3000USD for bitcoin. but i found that from last 2 days its price is down. I am new to this bitcoins. i am little scary to keep this much amount because it is going down. its already come down to 75USD less when compared to to my investment time.
Is there any particular reason for this change is the BTC price..?
can i keep the investment as it is  or can i sold it for loss of 100usd..?
please suggest me... .

I believe you have invested into bitcoins relatively at nice price levels compared to where bitcoin was trading last week. You never need to worry about the downfall of prices which caused you $75 losses and it must be temporary. You can see prices will be getting back to track for another round of rally toward $2600/$2800/$2950 levels in very quick time.

There cannot be any particular reason for this downfall as there is no negative news around bitcoin ecosystem but all the investors are eyeing on segwit activation which may happen on Aug 1st and due to this reason there is a sentiment among few investors so they might have pulled off their investments and waiting for good prices to enter back.

[cellard]

A correction for one month? This is a bear market.

You must be new. Recently we saw a dip to 1800 dollars. We had a bunch of idiots panic selling on the peak of that 1800 dollar dip, and now these guys are dreaming about entering back below $2000. These are the same idiots that are FUDding and hoping that the price goes below $2000. Sorry, this is no bear market. If we cross $2000 then we could talk about a bear market, but as good as there is no hardfork we are good to go.

Once segwit2x is eliminated we will go to an ATH.

[TravelMug]

HI Guys,
 Today i invested 3000USD for bitcoin. but i found that from last 2 days its price is down. I am new to this bitcoins. i am little scary to keep this much amount because it is going down. its already come down to 75USD less when compared to to my investment time.
Is there any particular reason for this change is the BTC price..?
can i keep the investment as it is  or can i sold it for loss of 100usd..?
please suggest me... .

How come a bitcoin newbie just invest $3,000 without any knowledge how bitcoin market behave.

You just put money and hope that all things will come the way you want? If you want to maintain your position then it's up to you to hold more. If you want to get out, then just set how much you are willing to lose. There are lots of FUDS currently roaming around because of the expected happenings that will take effect after August 1. I suggest to always monitor the price so that somehow you are aware of the price movement regularly.

Because they think the crypto market, bitcoin in general in a get quick scheme. Its sad but true. Bitcoin has gain prominence last couple of months so a lot of newbie are joining the picture in thinking that they can profit in short amount of time. To the OP, no have no other choice but to really hold on your bitcoin. This is how the crypto market works, its not always bullish so you will see price fluctuation from time to time. But don't be afraid because soon you will see that it has recovered. Aug 1 really cause worries for others, but things will get better once we overcome it.

[ImHash]

People have invested hundreds of thousands of dollars in Bitcoin, but aren't complaining at the time the price goes down. People buying themselves just over 1 BTC, and in most cases even less, are the one that constantly come up with such threads, relax! Bitcoin is well known for its volatility. If you invest in Bitcoin, you directly accept that you expose yourself to this volatility, and understand the other risks. If you can't handle this level of volatility, I think it's better for you to not invest in crypto at all. Never put your money into something from which you don't understand how its market works....

They have all the rights to be worried, actually the same small investors are the ones to feel the price fluctuations really hard bitter or sweet is another point. while there are hundreds of thousands of small investors you should think about the few large investors, I believe they both are in the same boat but the small ones can't just simply accept the loss and they panic and dump, reason for price going down besides the large whales dumping is because the small ones are dumping all they have. they don't have what it takes to be a long term holder.

[Taki]

If you wish to become real bitcoin investor you don't need to get panic even for -1000$ fall. Bitcoin is not stable and many people are cashing out their founds because of coming SegWit, nobody knows what kind of changings it will bring with itself; will it be the raise of the price or fall. But I suggest you just to keep your founds, as the history showed bitcoin grow back after the fall, so, in the case if the price will drop I am sure it will come back on the same price level as today and continue it's growth in the future.

[skorupi17]

HI Guys,
 Today i invested 3000USD for bitcoin. but i found that from last 2 days its price is down. I am new to this bitcoins. i am little scary to keep this much amount because it is going down. its already come down to 75USD less when compared to to my investment time.
Is there any particular reason for this change is the BTC price..?
can i keep the investment as it is  or can i sold it for loss of 100usd..?
please suggest me... .

A wise decision to invest in Bitcoin when the price goes down. However, do not be scared about what is happening on the chart. Those are just lines or bars. Bitcoin is ideal for a long-term investment so do not expect that a profit will come overnight. It is better to stay put, relax and take a deep breath, it helps.

The price drop is caused by some people cashing out, nothing is surprising there. It is normal.

Keep holding and do not do anything stupid.

[BitMaxz]

The movement of the price today is normal if you seen the price drop today is this just a normal fluctuate of bitcoin..
There are sometimes that we are experience of price drop and sometimes huge price increase . and if you are holding bitcoin for a long time i think you still need to be patience to increase the price back instead buy more bitcoins in this cheap price and hold and patience ad wait for the price increase again..
This is the same what happen few months ago.. and i think we are also experience the same thing. .

[HasHe]

HI Guys,
 Today i invested 3000USD for bitcoin. but i found that from last 2 days its price is down. I am new to this bitcoins. i am little scary to keep this much amount because it is going down. its already come down to 75USD less when compared to to my investment time.
Is there any particular reason for this change is the BTC price..?
can i keep the investment as it is  or can i sold it for loss of 100usd..?
please suggest me... .

If you see the bitcoin price history,you could clearly notice that there has always been a rise and drop in its price.But over all if you see,you could understand that bitcoin had increased gradually from its previous price.As a bitcoin investor for the past one year,i have seen lots of such price drops and also saw some big whales trying to spread rumours about bitcoin that price would crash so that they could buy more bitcoins at cheap price.So don't get panic.If you sell your bitcoins,then definitely you would regret for it later.

[TravelMug]

If you wish to become real bitcoin investor you don't need to get panic even for -1000$ fall. Bitcoin is not stable and many people are cashing out their founds because of coming SegWit, nobody knows what kind of changings it will bring with itself; will it be the raise of the price or fall. But I suggest you just to keep your founds, as the history showed bitcoin grow back after the fall, so, in the case if the price will drop I am sure it will come back on the same price level as today and continue it's growth in the future.

Yes. As I have said the price of bitcoin constantly fluctuates. So right now, its going crazy and the price is going downhill. To the OP, I think this is the perfect time for you to get it because the price is really down. I just hope you are not shaken if the price is going down like now. Segwit is coming over and I think this will bring a good impact to the price soon. So I advise you to get and buy bitcoin now and the coming days.

[DRaGoN RaNTaRo]

Because whales must scare people in order to buy low and get big profits in the future at the cost of panic sellers. It is nothing personal against you, they only want your money.

Do not just underestimate that the whales are scaring people ,understand the reality,we are having some technical upgrades and there is a certain uncertainty when it comes to the future and so is the reason there is panic and the investors and booking their profits.

[webcrypt]

HI Guys,
 Today i invested 3000USD for bitcoin. but i found that from last 2 days its price is down. I am new to this bitcoins. i am little scary to keep this much amount because it is going down. its already come down to 75USD less when compared to to my investment time.
Is there any particular reason for this change is the BTC price..?
can i keep the investment as it is  or can i sold it for loss of 100usd..?
please suggest me... .

You are buying on a spike/peak. When you make speculative buys the main strategy is to buy low sell high. You are buying high and .... most a speculation a low in the next few weeks.

I am sure many bullish people on here will tell you it will go up, up,, but other will tell you they are waiting for a crash.  Never know in the world of speculative investments.

[Bezobraznike]

Because whales must scare people in order to buy low and get big profits in the future at the cost of panic sellers. It is nothing personal against you, they only want your money.

Do not just underestimate that the whales are scaring people ,understand the reality,we are having some technical upgrades and there is a certain uncertainty when it comes to the future and so is the reason there is panic and the investors and booking their profits.

   This is taken from one article, if you follow bitcoin news you can find it on many portals:
"The value of the total supply of all cryptocurrencies and crypto assets tracked similarly, dropping to $72bn, a figure that was 37 percent lower
than its all-time high of $115bn set in June."
   More people selling than buying in this moment, and as you can see crypto-assets in total, so this price decrease is not happening just with
Bitcoin, other crypto currencies are also going down.
   For many people bitcoin is long term investment, if OP bought bitcoin at $2100 he should wait end of the year or longer before he sell his
bitcoins.

[ktabb]

The reason for this decline in price is because (as I've mentioned MANY times on these forums before) bitcoin is extremely overvalued right now. Bitcoin is not worth anywhere near its current price. People overbought on media hype, trying to get rich quick. This bearish trend will continue for at least a few months, but more likely a few years. This bubble is over. If you want to get in on the next one, you're gonna likely have to wait a while. If you are holding bitcoin now, expect to take losses for the short/medium term. You may make money if you hold for several years, but you will likely lose a lot of money before that. IMO holding bitcoin right now is a bad idea unless you have been holding for years and plan to continue holding for at least several more years.

[khufuking]

I do not know why some posters here talking about some kind of  correction and overvalued   and some bullshit . There is a simple logic ( when people are running from dinosaur you can not just point out that people are running because of the lion running beside this dinosaur ) !! . The current price fall now is a normal thing because and only because  of the upcoming events  (1 August) the status of uncertainty most of us have right now .  Just Hold your coins for now and wait .

[gilangIDR]

I do not know why some posters here talking about some kind of  correction and overvalued   and some bullshit . There is a simple logic ( when people are running from dinosaur you can not just point out that people are running because of the lion running beside this dinosaur ) !! . The current price fall now is a normal thing because and only because  of the upcoming events  (1 August) the status of uncertainty most of us have right now .  Just Hold your coins for now and wait .

See the impact should be seen that the reduction of bitcoin prices reached 40%. This is an unusual thing over the last few months. We all get in shock when bitcoin prices are declining continuously and many people are experiencing panic. This is a natural thing, imagine when you have an investment of 100,000USD and you should be ready to lose 40,000USD. This is a scary thing for investors. You have to consider how much you lose.

[DrGuns4Hands]

because people here in bitcoin is afraid in the result of segwit and the chance of splitting the chains they're just being aware about the possibility that could happen in their bitcoin so they're selling it out that's why bitcoin price is going down dont worry bitcoin price will grow again after august 1st.

[mrjoy15]

Because of Speculations and Fear are working perfectly to bring BTC price down. That case, Someday it’s the ICOs selling gradually rather than in one big dump after what happened with Status. Can’t confirm though. They could be many, many reasons causing this.

[bucciarati]

today i received an email from axn talking about potential bitcoin network disruption after the 1st August, so it tells much about the uncertainity about future of btc, but i am still positive

Posted From bitcointalk.org Android App

[Amph]

it's because of the issue around the possible chain split, just don't panic, will be solved in a matter of weeks, keep your money on hold position now, or if you can you can dump and buy more coin if you didn't bought everything at peak

it's also obvious that some wahles, are trying to tak eadvantage of this and scare investors by causing a panic selling, which is always the case when there are bad news, i think long term holder should not care much about the value anyway...

[wallstone]

If you wish to become real bitcoin investor you don't need to get panic even for -1000$ fall. Bitcoin is not stable and many people are cashing out their founds because of coming SegWit, nobody knows what kind of changings it will bring with itself; will it be the raise of the price or fall. But I suggest you just to keep your founds, as the history showed bitcoin grow back after the fall, so, in the case if the price will drop I am sure it will come back on the same price level as today and continue it's growth in the future.

Yes. As I have said the price of bitcoin constantly fluctuates. So right now, its going crazy and the price is going downhill. To the OP, I think this is the perfect time for you to get it because the price is really down. I just hope you are not shaken if the price is going down like now. Segwit is coming over and I think this will bring a good impact to the price soon. So I advise you to get and buy bitcoin now and the coming days.

I think the main reason why the price of bitcoin going down is the fluctuation of supply and demand in the online market or trading sites. Every day and month or hours the price bitcoin is always change and I think the number of people who have or buy it is also the reason to going down the price of bitcoin.

[mrBTCman]

Because of the hard fork. That’s why some people withdraw their Bitcoins. Honestly I thought that the price would be even lower than it is now. Bitcoin appeared to be even more steadfast than I thought.

[Lieldoryn]

I also expected a bigger drop in the price of bitcoin. It is nice that bitcoin was so resistant, but I think it is too early to rejoice. Hard folk can not pass without consequences. Now the price increase of bitcoin may slow down or even stop. Part of the investment will go to the Alt bitcoin.

[Eternu]

HI Guys,
 Today i invested 3000USD for bitcoin. but i found that from last 2 days its price is down. I am new to this bitcoins. i am little scary to keep this much amount because it is going down. its already come down to 75USD less when compared to to my investment time.
Is there any particular reason for this change is the BTC price..?
can i keep the investment as it is  or can i sold it for loss of 100usd..?
please suggest me... .

Well price of bitcoin was always fluctuating, going up and down and up again. I think it is nothing to be worried about, at the end price of bitcoin has always gone up and it was always rising. I started dealing with bitcoins when price was around 700 dollars, and that was less than a year. So therefor i think you should hold, surely price will go up again and you will make profit.

[Catswold]

HI Guys,
 Today i invested 3000USD for bitcoin. but i found that from last 2 days its price is down. I am new to this bitcoins. i am little scary to keep this much amount because it is going down. its already come down to 75USD less when compared to to my investment time.
Is there any particular reason for this change is the BTC price..?
can i keep the investment as it is  or can i sold it for loss of 100usd..?
please suggest me... .

Well price of bitcoin was always fluctuating, going up and down and up again. I think it is nothing to be worried about, at the end price of bitcoin has always gone up and it was always rising. I started dealing with bitcoins when price was around 700 dollars, and that was less than a year. So therefor i think you should hold, surely price will go up again and you will make profit.

Long term holders will never be worried of short term fluctuations as their main goal is to hold their bitcoin till it reaches to the moon so if they see crash in the price they will prefer to buy more coins at lower price and I think that is the best move to make.

[Anfisman]

Basically bitcoin prices will continue to fluctuations, this is something that can be separated from bitcoin, that's why the price can go up and get down. One that causes bitcoin prices to fall is consumer and market confidence in bitcoin reduced. But if we look now more and more are joining with bitcoin, it's means more and more believes with bitcoin and will make bitcoin price up. So do not worry the price goes down.

[rhamzter]

Because of the hard fork. That’s why some people withdraw their Bitcoins. Honestly I thought that the price would be even lower than it is now. Bitcoin appeared to be even more steadfast than I thought.

Maybe hard fork is one of the reasons why bitcoin price fall down. Moreover segwit is also affect the good circulation of bitcoin in the market. Because of segwit a lot of users are worries regarding to the bitcoin value that's why they sell it even low price. But now bitcoin was started to raise up.

[pitiflin]

HI Guys,
 Today i invested 3000USD for bitcoin. but i found that from last 2 days its price is down. I am new to this bitcoins. i am little scary to keep this much amount because it is going down. its already come down to 75USD less when compared to to my investment time.
Is there any particular reason for this change is the BTC price..?
can i keep the investment as it is  or can i sold it for loss of 100usd..?
please suggest me... .

Since you are new to this forum and bitcoin, don't make such a mistake by investing in something that you do not know much about. Be happy that its bitcoin and not something else other wise you would have ended up with a huge loss. Know this for sure bitcoin is volatile so price keeps on changing. You get profit here only on a long term basis so would suggest you to have some patience. Also research on bitcoin as much as you can if you want to stay in the bitcoin community.

[Open4lies]

Because of the hard fork. That’s why some people withdraw their Bitcoins. Honestly I thought that the price would be even lower than it is now. Bitcoin appeared to be even more steadfast than I thought.

Maybe hard fork is one of the reasons why bitcoin price fall down. Moreover segwit is also affect the good circulation of bitcoin in the market. Because of segwit a lot of users are worries regarding to the bitcoin value that's why they sell it even low price. But now bitcoin was started to raise up.

Bitcoin still neutral and it not signal the trend clearly in current. I think we should waiting more signal clearly in next few days or lock-in BIP148 complete and decesion buying or not.

[Lagduf]

Because of the hard fork. That’s why some people withdraw their Bitcoins. Honestly I thought that the price would be even lower than it is now. Bitcoin appeared to be even more steadfast than I thought.

Maybe hard fork is one of the reasons why bitcoin price fall down. Moreover segwit is also affect the good circulation of bitcoin in the market. Because of segwit a lot of users are worries regarding to the bitcoin value that's why they sell it even low price. But now bitcoin was started to raise up.

Bitcoin still neutral and it not signal the trend clearly in current. I think we should waiting more signal clearly in next few days or lock-in BIP148 complete and decesion buying or not.

There will be next hardfork in the future, the trend is really bullish for bitcoin right now. Looks altcoin get rekt as fast as possible. Just waiting for the best time to buy the more altcoin in the cheap price.
Go go go bitcoin...!