BTC Price

[Asteria478]

Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...

Also, it looks like the bitcoin is always dropping fridays / over the weekend?

[DoublerHunter]

Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...

Also, it looks like the bitcoin is always dropping fridays / over the weekend?

I think it is just because the weekend is near and that is when the people start to sell some bitcoin because that is when they get their profit and they want to have sell bitcoin in friday or weekends and i think that this is temporary because if the bears will be gone then the bull will start a price rally which will provoke bitcoin for getting a new all time high.

[PMmesexycoins]

That's what it's trading for right now. Many reasons can affect people's decisions. People can point fingers here or there, but everyone's acting on self-interest in the end.

[n4poleon]

Maybe people are anticipating the grand FUD from China and buy back. But then shorters could be fucked as well. Just hodl. We'll find out soon enough. Next month would be interesting.

[Asteria478]

Maybe people are anticipating the grand FUD from China and buy back. But then shorters could be fucked as well. Just hodl. We'll find out soon enough. Next month would be interesting.

Im holding and will until winter comes in, then i need to get a car 


Wasnt there another bitcoin fork coming up with a split again?

[edynolan]

it's only temporary where some people sell their coins because the price is still high. on 30 sept china forbids bitcoin so automatic chinese society sells their coins. so to anticipate the fall in prices some people sell their little coins

[Lancusters]

Nobody knows how will react to the price of bitcoin on any news. It seems to me that now there was no reason for the price drop, but maybe the whales got together and are playing on the lower prices to buy cheaper bitcoin. Such actions are impossible to predict. Keep calm and you will not lose your savings.

[bitcub]

Because, Bitcoin is destined to drop. Bitcoin is just repeating its previous chart few months ago. The lowest drop is at 3200usd, if resistance barriers was broken we can see btc below $2000.

After this altcoin party, we can see bitcoin at 7k

Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...

Also, it looks like the bitcoin is always dropping fridays / over the weekend?

[TTITA]

Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...

Also, it looks like the bitcoin is always dropping fridays / over the weekend?

I think it is just because the weekend is near and that is when the people start to sell some bitcoin because that is when they get their profit and they want to have sell bitcoin in friday or weekends and i think that this is temporary because if the bears will be gone then the bull will start a price rally which will provoke bitcoin for getting a new all time high.

some people told this was discount day, when start day in works day, price will be going raise up.

[BitcoinHodler]

Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...

Also, it looks like the bitcoin is always dropping fridays / over the weekend?

news is actually filled with reasons about bitcoin price fall!
all over the media they are attacking bitcoin and some are even spreading FUD. most of the articles even from big and well known names are poorly written by people who don't understand bitcoin or understand it well and want to damage it only.

they create panic, or in other words Fear, Uncertainty and Doubt. and that is why price is dropping a little these days.

p.s. your topic should be in speculation board. it looks like it is already moved

[Asteria478]

Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...

Also, it looks like the bitcoin is always dropping fridays / over the weekend?

news is actually filled with reasons about bitcoin price fall!
all over the media they are attacking bitcoin and some are even spreading FUD. most of the articles even from big and well known names are poorly written by people who don't understand bitcoin or understand it well and want to damage it only.

they create panic, or in other words Fear, Uncertainty and Doubt. and that is why price is dropping a little these days.

p.s. your topic should be in speculation board. it looks like it is already moved

Well, except the regular bitcoin is bad news i dont find anything new or special.

Wont be there another big price drop on the end of the month cause the chinese block btc then?

[dothebeats]

Yep, weekends are the lamest and laziest days to trade since most traders are collecting profits and don't really look into some action after a week of work. Also, market uncertainty towards Nov. 1 is also causing a stir among traders which can also explain the price drops this last two days, plus the fact that the China drama isn't over yet.

[TravelMug]

Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...

Also, it looks like the bitcoin is always dropping fridays / over the weekend?

If you are here for at least 6 months, you would have notice by now that the price specially during the end of the week is going down because traders cash out for reasons that they may need money for a weekend get away or spend their profit in other activities. Its a normal thing to see here.

However, with this dip again, I'm seeing that those Chinese who have bitcoin on those local exchanges are somewhat trying to dump it but very slowly as to not cause panic once more. I speculate that this will continue up to the end of the month and early next month when all of them are completely shutdown. So better hold because once they are done and the price goes down again, if would be a perfect opportunity to stash more bitcoins.

[Asteria478]

Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...

Also, it looks like the bitcoin is always dropping fridays / over the weekend?

If you are here for at least 6 months, you would have notice by now that the price specially during the end of the week is going down because traders cash out for reasons that they may need money for a weekend get away or spend their profit in other activities. Its a normal thing to see here.

However, with this dip again, I'm seeing that those Chinese who have bitcoin on those local exchanges are somewhat trying to dump it but very slowly as to not cause panic once more. I speculate that this will continue up to the end of the month and early next month when all of them are completely shutdown. So better hold because once they are done and the price goes down again, if would be a perfect opportunity to stash more bitcoins.

Im holding since 2014, but i never felt those drops this hard before and it keeps going down for some time now and i dont see any hope currently to get it back to 5k or even 4500?

Another question, why do other currencys like XMR ETH etc also drop when the btc drops?

[amacar2]

Whole crypto market was in bull trap for last 2-3 days and whales have now sold all their holdings when enough liquidity or buy orders were created above $3500.

I think price will re-test $3k before coming back in quite healthy manner. Its best to set few buy orders below $3000.

[shintosai]

We just need to keep watching the flow its hard to say what's really affecting the current downfall as China already been quite for a while and no big news about any country that will also affect btc value let's see coming Monday again.

[omnik]

Is there any reason why the btc price is dropping again? Im keep checking the news and i cant find anything which could be the reason of a 200€+ drop in the last day...

Also, it looks like the bitcoin is always dropping fridays / over the weekend?

The more people are trying to take the profit and cash out to get a holliday. Theres no news related to this current bullish. This just a little correction in my opinion.
Please stay calm and never be panic. Crypto will ne fine.

[YuginKadoya]

It is not a crash we are seeing here I think it is just a Dip and I think it is really normal for bitcoin price to be like this there are many aspect why the price would surely drop or sometimes rises, and just like other have saying in here maybe weekend have a great amount of people that are getting their income from bitcoin, or taking some bitcoin to simply pay bills or what ever, and I think the recent news right now will be the fluke of Jaime Daimon and JPMorgan has recent did.

[SvenBomvolen]

Well, I suppose it is still cause of Ghina and bad news from their side. People are still panic about that and continue to sell their founds. Just look on the net how much threads about Bitcoin's end!? I know it is all the game of speculators, but not everybody know that, so they are selling being under the pressure. I also expected that after huge bitcoin investment of JP Morgan last Friday the price is going to continue to climb to 5000$ point.

[otunyot]

How about downward price speculator. you remember how numbers were been thrown around last few weeks.