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Asteria478
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October 18, 2017, 08:09:17 AM
#1

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
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October 18, 2017, 08:15:37 AM
#2

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
Its just some big whales dumping their holding or cashing out their profit from this short term huge rally, current pump on price was only supported by high speculation over comming hard fork so bigger dump than this one is quite guaranteed after the hard fork.

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October 18, 2017, 08:29:41 AM
#3

I think the previous rally ( of 12th & 13th October) was supported a lot by a kind a FOMO, and was not based on real demand.

 Now, it's just a normal correction.  

 If there was real fear about forks, the price would go a lot lower
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October 18, 2017, 08:33:16 AM
#4

someone in Europe has bitcoin to sell - for whatever reason
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October 18, 2017, 08:54:26 AM
#5

have you even heard of the word "correction".
that is what's happening here. price went up from $4xxx level to $5500+ and now as the traders sell to take the profit, price comes down. in bitcoin whenever price comes down some panic and think it is the end, and probably some FUD accompany it which doesn't make thins easier either.

that means, price drops as you can see now. but as long as price is still in $5xxx level, it is not something worth talking about.

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October 18, 2017, 09:12:18 AM
#6

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
I don't think if Bitcoin is drop because scared of the hard fork. People are not afraid of it even they prefer to hold bitcoin to get Bitcoin gold later.

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October 18, 2017, 09:18:24 AM
#7

someone in Europe has bitcoin to sell - for whatever reason

We are not sure exactly what is causing this drop. There was no specific reason just might be some dumping by few people ahead of the fork event as they may not be positive with the result this time hard fork can bring to btc value. But the price has slight started to gain and now at 5350$ from 5238$ which was couple of hours back.

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October 18, 2017, 09:29:58 AM
#8

I predict prices will drop after several days stalled. However it early. very easy to recognize this is the sell to take the profit of the traders
We are very familiar with this, bitcoin prices will stabilize again
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October 18, 2017, 09:39:07 AM
#9

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

I don't think they are scared of the hard fork. Why would someone be scared if you are getting free money on the 25th? Maybe its just a price correction that we have been witnessing today. And its not just on bitcoin market. I think the whole crypto is seeing a Tuesday or Wednesday bloodbath. But no worries, this price correction is inevitable, and you know what's next after this? Another bull run so just hodl on your bitcoin and don't panic mate.



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October 18, 2017, 09:48:17 AM
#10

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

Totally expected. The recent crazy rally (almost up $2000) needs a correction. I think we'll be under $5000 soon for some weeks before going up again. The community is not scared at all to the fork, it is not anything close to the Aug 1 fork in terms of economic split risk. But not entirely sure that the Gold fork will cause a rise due to people want to claim free forked coin either.

Just chill for now, the Bitcoin rocket needs refueling! We're still in a good uptrend. I also believe Bitcoin will hit 5 digits USD next year. Let us hope my prediction comes true.



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October 18, 2017, 09:50:41 AM
#11

No any price rally like the recent one can last forever, small dump after a huge price surge in very short period of time is quite common in bitcoin. Every dump or price correcton like this one is good time to make your entry into bitcoin.


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October 18, 2017, 10:08:32 AM
#12

I predict prices will drop after several days stalled. However it early. very easy to recognize this is the sell to take the profit of the traders
We are very familiar with this, bitcoin prices will stabilize again

Nice for you to predict the price going down today. But yeah, the prices has been in a lot of swings as of late and its easy to see that a correction is bound to happen in the future. If you are here in the market that long, you will see signs from afar. That's why we are more familiar with it. However, newcomers usually are shock with this sudden price movement and panic ensures.

No any price rally like the recent one can last forever, small dump after a huge price surge in very short period of time is quite common in bitcoin. Every dump or price correcton like this one is good time to make your entry into bitcoin.



Right. We should thank that it was a good run and passes the $5000 mark without a significant drop. But now since we are getting closer to $6000, its usual that maybe traders are cashing it out to make money. And this is a good entry point as well. Let's just see tomorrow if the trend continue. I'm positive that we are going to see nice gains tomorrow maybe around 2-4% increase is not that bad.

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October 18, 2017, 10:13:25 AM
#13

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

It's probably the pullback to the breakout level around 5000.
It's all about support and resistance! Once we broke the resistance of 4950-5000 and climbed to new ATH it's always a question of time because the old resistance gets tested to see if it's build a new bottom, support level.
Be glad this is happening now. Remember the last big drop down to 3000?? The crash was so big because we hadn't tested this level! And when markets start to panic sometimes it continues to drop even further. Good that it didn't happen last time, but still it was pretty big drop.
So right now this is normal market behaviour and I wouldn't be worried too much.
We will test the 4950-5200 area imo, oscillators get a reset and then we may continue moving up again.
What I have left out here are the coming forks of course.

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October 18, 2017, 10:16:42 AM
#14

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
Its just some big whales dumping their holding or cashing out their profit from this short term huge rally, current pump on price was only supported by high speculation over comming hard fork so bigger dump than this one is quite guaranteed after the hard fork.

Does it mean there is no need to worry and the price will rise again?
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October 18, 2017, 10:54:14 AM
#15

It's likely to be just profit taking. Bitcoin went up like 20%+ in just a couple of weeks. Stuff that goes up too fast tends to go down fast, so people take profits from time to time.

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October 18, 2017, 11:01:46 AM
#16

BTC price rose too much too quickly, it was inevitable a correction would occur, many people do not expect large returns from the fork and they're getting out beforehand.

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October 18, 2017, 11:05:56 AM
#17

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
There is no special reason why btc price dropped today. Retraction of this level is normal when a lot of actions occured in the past few days. In the whole history of bitcoin and crypto, corrections are common when there are crazy price movements that have happened so people getting scared by the hard fork is not the real reason for btc's dropping price. Therefore, the chance of btc price dropping more I think is less, better hold what you got OP.

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October 18, 2017, 11:12:54 AM
#18

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

yes probably but not all because i heard that you can recieve bitcoin gold/bitcoin2x in your wallet or on some online exchange equivalent to your current balance left after the fork if only you dont withdraw or move your balance yet. but there were still some people are scared and nervous thinking that their remaining bitcoin on their wallet will lost or something bad will happen, thats why they are withdrawing it early as posible or before the fork happens.

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October 18, 2017, 11:16:32 AM
#19

maybe its correction price before the fork because I see in bittrex and poloniex, it seems the trends is going down, I am not sure how much it will drop but I hope the price is not below than $5000. we are now at $52xx and still going down, the line show down pattern and in the other side, altcoin give positive respond to this and some of the altcoin is going to increase. the highest price so far is $57xx so we can hope if this is the correction, then the price will increase back and even more higher than before.

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October 18, 2017, 11:35:50 AM
#20

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
The current price is indeed decreasing and bitcoin prices are already under 5500 $. but I'm not worried because the decline of this amount is fairly normal and not too significant. there are still plenty of opportunities to see higher bitcoin prices. hardfork does make some people panic because we know that when bitcoincash is formed first, bitcoin prices have decreased significantly. but in the end the price increases again. we must have a good level of patience and I hope all traders in the world today do not take excessive sell actions because to avoid price drops that are too over in the market.


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October 18, 2017, 11:39:57 AM
#21

For those who believe in the TD count, we just got a 9 on the 4 hours chart
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October 18, 2017, 11:42:55 AM
#22

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
a correction, it happens everytime after a big spike in the price, we might fall to 5000$ or even lower by the end of the week. Just know that this was bound to happen and it's normal. For now, you can chill and hold your coins, or if you're smart, buy some more coins.

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October 18, 2017, 11:44:53 AM
#23

Simply a correction, price spiked too high too quick. Expect the price to settle down somewhere around about 5k, perhaps lower if BTC gold really is as bad as some expect.

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October 18, 2017, 11:50:09 AM
#24

have you even heard of the word "correction".
that is what's happening here. price went up from $4xxx level to $5500+ and now as the traders sell to take the profit, price comes down. in bitcoin whenever price comes down some panic and think it is the end, and probably some FUD accompany it which doesn't make thins easier either.

that means, price drops as you can see now. but as long as price is still in $5xxx level, it is not something worth talking about.
agree with you sir , this is not worth talking about , bitcoin just down 0.3% just made the topic , bitcoin does not died that easy , if bitcoin down to $1000 well this is new good news for me , getting dump the bitcoin is actually good for companies that have big money and are investing in bitcoin

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October 18, 2017, 12:03:22 PM
#25

Why can't the market not just experience some normal volatility? From the all time high that we reached some days ago, it's not even a 10% decline to where we stand right now. People should really start to look at the actual facts instead of asking why the price is going down. At current levels when the price goes down with $500, it looks like it's a lot, but in reality it's not even a 10% downward movement. At some point when we're hovering around the $20,000 level, the same 10% swings means that the market goes up or down with $2000. Back in the days these 10% were just a $40 to $50 movement, but we're much further now - learn to adapt to the current market.

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October 18, 2017, 12:05:01 PM
#26

It's trading business it is not gonna be always rising price its only natural not that I am that you not worry about but not worry that much because again it's only natural for the trading industry. Maybe because people are not in the mood for selling their bitcoin because they want to keep it for a better purpose or maybe their just waiting for the price increase. Either we should just watch the increase/decrease of bitcoin.

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October 18, 2017, 12:09:12 PM
#27

correction and some whales cashing out their big earnings and then wait for another opportunities as they knew that when newcomers see that the
value is moving down people will start to panic and they can grab those dumped coins again and pushed the value up, wise assessment is needed
if you are already trapped better to buy more while the value is cheap.

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October 18, 2017, 01:35:42 PM
#28

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
We can't expect bitcoin price to keep rising every day?It's simple some people are cashing out their profits but my prediction is price will soon hit 6K$ before upcoming BGold hardfork.Whales always benefit from week hands and nothing new is happening today.It's same thing and other alts are dropping too because they are too dependent on bitcoin price. Smiley

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October 18, 2017, 02:27:38 PM
#29

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

In the first place, the drop is expected as always so this is just a normal scene whenever there is a strong pump happening. No reason at all except for usual dumping activity once panic was triggered.

Although past performance can't always guarantee future results, we must take that past performance as reference so that we have an idea why such a price drop will happened on the way.

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October 18, 2017, 02:57:54 PM
#30

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

A few days ago everyone was saying that the reason for the big Bitcoin increase was because of the upcoming hard fork because people wanted as much Bitcoin as they could get so they could get the forked coin as well.

So I don稚 think the drop is because of the hard fork. In fact, the price rise may not have been due to the hard fork either since it痴 still a week away.

It痴 most likely that the increase and the drop are just the normal fluctuations in Bitcoin price. When Bitcoin has a big increase, it is often followed by a correction.

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October 18, 2017, 03:51:30 PM
#31

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

No, i doubt that the hard fork has anything to do with the actual price drop but i am pretty sure that it is related to big whales cashing out for some profit.
I think the price will increase again after a short time.  Wink

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October 18, 2017, 03:55:25 PM
#32

Is there any reason why the btc price is dropping that much today?

It's a simple move that the whales are doing, they are getting their profit altogether so that made the price lower because the supply of bitcoin is starting to have a lot again in the circulation. This will probably the last dip for this month as we are new to the hard fork of bitcoin gold.

Are people scared by the hard fork or why is it dropping?

No, they are not scared by the hard fork. It's just trading and profiting out of the peak of bitcoin's price and you have to expect this in the future that when the price of bitcoin is pumping, there will be profit takers that will sell their bitcoins.

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October 18, 2017, 10:52:01 PM
#33

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
Its just some big whales dumping their holding or cashing out their profit from this short term huge rally, current pump on price was only supported by high speculation over comming hard fork so bigger dump than this one is quite guaranteed after the hard fork.

I definitely agree with you buddy. "Its just some big whales dumping their holding or cashing out their profit from this short term huge rally..." It will reach and possible even break through $6000 by December. The price drop is healthy and there is no need to worry about it.

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October 18, 2017, 11:43:50 PM
#34

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
We can't expect bitcoin price to keep rising every day?It's simple some people are cashing out their profits but my prediction is price will soon hit 6K$ before upcoming BGold hardfork.Whales always benefit from week hands and nothing new is happening today.It's same thing and other alts are dropping too because they are too dependent on bitcoin price. Smiley

Yes, it is not possible for the price to just continue rising. That's just crazy. It's normal for the price to go down a bit every now and then. This is why there are panic sellers. When there's a small price drop, some people lose their mind and sell or dump their coins in an instant because of the fear of losing their money. We shouldn't worry about this too much. Over the year, the bitcoin price has experienced numerous fluctuations yet its upward trending.

I'm not sure what to expect by the time the fork comes. It's possible to go up just days before the hard fork, but it may not break $6000 just yet.

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October 18, 2017, 11:46:28 PM
#35

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
We can't expect bitcoin price to keep rising every day?It's simple some people are cashing out their profits but my prediction is price will soon hit 6K$ before upcoming BGold hardfork.Whales always benefit from week hands and nothing new is happening today.It's same thing and other alts are dropping too because they are too dependent on bitcoin price. Smiley

Yes, it is not possible for the price to just continue rising. That's just crazy. It's normal for the price to go down a bit every now and then. This is why there are panic sellers. When there's a small price drop, some people lose their mind and sell or dump their coins in an instant because of the fear of losing their money. We shouldn't worry about this too much. Over the year, the bitcoin price has experienced numerous fluctuations yet its upward trending.

I'm not sure what to expect by the time the fork comes. It's possible to go up just days before the hard fork, but it may not break $6000 just yet.
Its just normal movement of the price of bitcoin because there are people are satisfied what is the price and there are people are afraid what will happen after the fork since the first fork of bitcoin is successful why we need to be afraid?
I still believe that those who are selling bitcoin are those people who are bought bitcoin in cheap price or 3k level or those people are whales.. but i think it will be the last drop and people will invest more before the fork..

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October 19, 2017, 12:04:08 AM
#36

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
We can't expect bitcoin price to keep rising every day?It's simple some people are cashing out their profits but my prediction is price will soon hit 6K$ before upcoming BGold hardfork.Whales always benefit from week hands and nothing new is happening today.It's same thing and other alts are dropping too because they are too dependent on bitcoin price. Smiley

Yes, it is not possible for the price to just continue rising. That's just crazy. It's normal for the price to go down a bit every now and then. This is why there are panic sellers. When there's a small price drop, some people lose their mind and sell or dump their coins in an instant because of the fear of losing their money. We shouldn't worry about this too much. Over the year, the bitcoin price has experienced numerous fluctuations yet its upward trending.

I'm not sure what to expect by the time the fork comes. It's possible to go up just days before the hard fork, but it may not break $6000 just yet.
Its just normal movement of the price of bitcoin because there are people are satisfied what is the price and there are people are afraid what will happen after the fork since the first fork of bitcoin is successful why we need to be afraid?
I still believe that those who are selling bitcoin are those people who are bought bitcoin in cheap price or 3k level or those people are whales.. but i think it will be the last drop and people will invest more before the fork..

I think its all over. Bitcoin has recovered quickly and bounced back to $5500 and the rally is still going on. With that said, I think it will moved on another upward trend after yesterday's consolidation. We may see that the price could really go higher than $6000 now. I'm very positive that after this ensuing price correction, we are heading to new ATH leading to the day of the hard fork. Will continue to hodl and wait for my prediction to happen.  Grin

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October 19, 2017, 12:08:34 AM
#37

 I think why the price of bitcoin decrease because they have doubt in the mind of the invetsor because the fork is near so the price of bitcoin decrease . I dont know what is the other reason but I hope the bitcoin price will increase again so we can make a lot of profit. But dont worry for sure after the price decrease after few days it will recover again ti the high price and we will see bitcoin price at 6k dollars.

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October 19, 2017, 12:34:00 AM
#38

I think why the price of bitcoin decrease because they have doubt in the mind of the invetsor because the fork is near so the price of bitcoin decrease . I dont know what is the other reason but I hope the bitcoin price will increase again so we can make a lot of profit. But dont worry for sure after the price decrease after few days it will recover again ti the high price and we will see bitcoin price at 6k dollars.

There are a lot of reasons behind this immediate price drop yesterday, and its hard to pinpoint the exact reason why suddenly a lot of people just started to dump it. Maybe they just thought of cashing it out, or just moving their profit to other market like stock. But today, the price has already rebounded and its going on a positive direction. I'm hoping as well that the price could go as high as $6K before the fork because it will be another ATH and achievement for all of us bitcoin enthusiast. One thing though to remind everyone that we don't need to worry because investors has trusted bitcoin and we will not let the price go sub $5K again.

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October 19, 2017, 12:51:41 AM
#39

I think why the price of bitcoin decrease because they have doubt in the mind of the invetsor because the fork is near so the price of bitcoin decrease . I dont know what is the other reason but I hope the bitcoin price will increase again so we can make a lot of profit. But dont worry for sure after the price decrease after few days it will recover again ti the high price and we will see bitcoin price at 6k dollars.
Unexpectedly the price of bitcoin increased again a few hours ago. the price is back on track to 5,500USD. this is an excellent improvement, I see an opportunity for higher bitcoin prices than it is today. the decline that happened yesterday is just a dump in my opinion, this can be seen from the activity of transaction volume in the exchange that is not too big. but we are lucky enough that bitcoin is not corrected much deeper. oh yes maybe just shortly before the fork, we must be smart to analyze and take the decision to avoid losses.

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October 19, 2017, 01:16:18 AM
#40

Don't invest on bitcoin if you have weak hands, there is always price fluctuating, Don't worry about them, I almost dumped 40 bitcoins which are not entirely mine Cheesy But I remembered that I never bought any bitcoins above $4500 so when the price is above $4500 I have nothing to be worried about.


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October 19, 2017, 01:27:55 AM
#41

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

For what have the result on the last August(bitcoin cash fork), I doubt they池e scared for the bitcoin Gold fork as well as the segwit2. Why? because nothing gonna change bitcoin is still be on top on the market chat whatever forking will come. Those who sold might be just the small investors and users who badly need cash out for daily needs. Whales are also manipulating it and trying to change the bitcoin perspective.
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October 19, 2017, 07:35:07 AM
#42

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
I also panicked yesterday so I sold a few percent of my assets, I do not know the exact reason but I assume it is a correction and probably will drop further, but quite happily the bad things I think did not happen, and bitcoin prices increased again, hopefully there is no severe dump ahead of the hard fork later.

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October 19, 2017, 11:55:23 AM
#43

people are panic selling since it came down over $5800. so they think that they can make more profit if they sell now and then buy again when the dump happen before the fork. Actually I sell mine when the price of bitcoin is $5700. and now I'm waiting till the bitcoin have a dump and then im gonna buy bitcoin again.

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October 19, 2017, 05:16:54 PM
#44

Yesterday the price of bitcoin went down. I thought it was the beginning of the fall and prepared the dollars for the purchase of coins. But everything has changed dramatically and the price has recovered again. I wonder what will happen after October 25

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October 20, 2017, 04:30:48 AM
#45

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
It is a correction nothing more, the price was really high and it was impossible for the price to keep that level for too long so now it has receded to a level that is going to be easier to maintain.
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October 20, 2017, 04:40:32 AM
#46

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
It is a correction nothing more, the price was really high and it was impossible for the price to keep that level for too long so now it has receded to a level that is going to be easier to maintain.
Probably users buy into altcoin because altcoin has drop down the price. Maybe some correction too, and for sure it will recover. So no worries, this is normal in bitcoin value price may increase and decrease.


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October 20, 2017, 05:00:33 AM
#47

I predict prices will drop after several days stalled. However it early. very easy to recognize this is the sell to take the profit of the traders
We are very familiar with this, bitcoin prices will stabilize again
I have predicted that prices will stabilize back but again it's recovered so fast. It's hard to continue to be able to predict the price during this period


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October 20, 2017, 11:14:08 AM
#48

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
I also panicked yesterday so I sold a few percent of my assets, I do not know the exact reason but I assume it is a correction and probably will drop further, but quite happily the bad things I think did not happen, and bitcoin prices increased again, hopefully there is no severe dump ahead of the hard fork later.

Usually, a drop in transactions is associated with a drop in price. But there's no clear case when were the right time to buy or sell bitcoin. Maybe bitcoin has not yet seen wide adoption for day-to-day transactions but the number of transactions occurring across the globe has been rising. Though rumors spreading about dropping of bitcoin's price but people still keep hold on it. People are not scared of hard fork.

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October 20, 2017, 11:23:38 AM
#49

Yesterday the price of bitcoin went down. I thought it was the beginning of the fall and prepared the dollars for the purchase of coins. But everything has changed dramatically and the price has recovered again. I wonder what will happen after October 25

There are always questions about the value of bitcoin in the future, and you can not be sure about it, or in other words, you can not make your own decisions. Take a look at bitcoin, it is too stable after a split, and it will always be stable in the future.

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October 20, 2017, 07:59:00 PM
#50

I predict prices will drop after several days stalled. However it early. very easy to recognize this is the sell to take the profit of the traders
We are very familiar with this, bitcoin prices will stabilize again
I have predicted that prices will stabilize back but again it's recovered so fast. It's hard to continue to be able to predict the price during this period




Till the next year, mostly the price will be volatile, the upcoming fork might and will dip the vale and again after its success we will see the rise. And nearing to Jan 2018, stability might be seen. But BTC can never be stable like Gold, atleast not in near future. Usually the dips are correction and slight consequence of sell off also.

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October 20, 2017, 08:22:11 PM
#51

I predict prices will drop after several days stalled. However it early. very easy to recognize this is the sell to take the profit of the traders
We are very familiar with this, bitcoin prices will stabilize again
I have predicted that prices will stabilize back but again it's recovered so fast. It's hard to continue to be able to predict the price during this period



every time the bitcoin price drops, it will not last long, after a week after the drop, bitcoin always gives extraordinary acceleration, bitcoin always doubled when found the price drop, so no need to panic if kuta able to have their own conclusions about this bitcoin, enough hold until when bitcoin can return to give a good profit,

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October 20, 2017, 08:44:20 PM
#52

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

price only down but now it is start rich to highest price 6,000$ for first  time
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October 22, 2017, 07:11:50 AM
#53

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

For what have the result on the last August(bitcoin cash fork), I doubt they池e scared for the bitcoin Gold fork as well as the segwit2. Why? because nothing gonna change bitcoin is still be on top on the market chat whatever forking will come. Those who sold might be just the small investors and users who badly need cash out for daily needs. Whales are also manipulating it and trying to change the bitcoin perspective.
Well I知 not agree that the price is drop its true that the price is little down but its apart of market exchange some time it will be high and some time it will be down so I think no need to make panic its normal and I知 sure end of the year the price will go high and the investors can take a very good advantages of it so no need to focus on the price this time.
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October 22, 2017, 07:20:50 AM
#54

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

People aren't scared. It is normal with market. Always remember that whales are usually involved in controlling market prices, apparently they have so much to do that, which is how they make profit from it.
Nevertheless, it is always surprising how people react less to huge value spike but let it reduce a little, then worry kicks in. Price shot up from $4500 to $5800 few days ago before breaking the present thresh and no one complained and then it dropped a little with about $600-$700 and people got scared. SMH.

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October 22, 2017, 07:21:02 AM
#55

I think why last few days the price of bitcoin decrease because the people panic selling because they have doubt in their mind that bitcoin price will decrease because of the fork. But if you see the price of bitcoin is already 6000 dollars so if you sell your bitcoin you lose some profit. But Im happy again because the price of bitcoin increade again and I hope it will continue to increase.

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October 22, 2017, 08:35:20 AM
#56

I guess that was for some "Minor Price Correction" issue. The market will go bullish again in no time. https://www.bitcoinmarketinsider.com/bitcoin-and-ethereum-price-takes-minor-correction/
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October 22, 2017, 08:46:41 AM
#57

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

These drops in price are completely normal. People are just taking their profits along the way when the prices have risen up by too much in a short period of time. If it doesn't happen now that'll just mean it'll happen some other time in the future.

Price has recovered and broken $6k again, which means that we shouldn't be seeing the end of the bull trend any time soon.



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October 22, 2017, 09:05:19 AM
#58

Basically bitcoin price that dropping, of course it's because many people are selling bitcoin it has. Well it could be, because the opinions of each person had be different, they may be worrying in predicting the price that will come down at a time when a hard fork occurs and will result in a sustained decline. But maybe also many people who think $6000 is the point that should be used to sell it.

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October 22, 2017, 09:35:08 AM
#59

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

I think this is normal that bitcoin will slightly drop sometimes, that you should not expect that bitcoin price is always climbing up because if you do you will not become a good trader in the future. This normal dropping have many reasons like sometimes people are in need of money that they need to sell their bitcoin or others would try to invest in altcoins because they found out their is promising that they could earn more and maybe others are get bored in crypto currencies trading that they will shift to another field of endeavor.

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October 22, 2017, 09:45:23 AM
#60

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

These drops in price are completely normal. People are just taking their profits along the way when the prices have risen up by too much in a short period of time. If it doesn't happen now that'll just mean it'll happen some other time in the future.

Price has recovered and broken $6k again, which means that we shouldn't be seeing the end of the bull trend any time soon.
I agree with you. very easy to recognize this is the sell to take the profit of traders. We are very familiar with this. However this is new for newbie. newcomers usually are shock with this sudden price movement and panic ensures. I think the price will stabilise again about a week after the fork took place
 
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October 22, 2017, 10:06:33 AM
#61

It happen usually if there is rise, the next move will be a drop and it's normal that if there is a fork the price will go down. Coz people might think the price will go down, as usual they will be panic selling again. Rise, drop, all is normal and that is how btc price works.

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October 22, 2017, 01:50:51 PM
#62

Most bitcoin users believe in sustainable growth. It does not happen. In the early years all dreamed to bitcoin reached the price of $ 2000 by the end of the year. Now panic because the price fell below $ 6,000. Don't you think that's funny? My advice take care of your nerves and enjoy the ride.

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October 24, 2017, 06:53:08 PM
#63

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

Haha Tongue It not for the HardFork. It's natural for Bitcoin. And It will pump soon. Yes, some people are really scared for the HardFork. But I think nothing to have worried about HarFork.

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October 24, 2017, 07:10:08 PM
#64

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

I think this is perfectly normal, not worrisome, bitcoin goes up too fast, so it can not stabilize, the price goes down is inevitable, if it constantly goes up, it will fall pour

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October 24, 2017, 09:04:03 PM
#65

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
Probably that is the main reason. As far as I remember, in the recent segwit2x last August, same thing happened, its market valu dumped before the fork and increase right after it. And maybe that's the reason why the value of Bitcoin is stucked at 6000$ and will also probably increase after the fork and make it possible to reach 7000$ before this year end.

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October 24, 2017, 09:18:23 PM
#66

A little correction is expected here, but we cannot consider it as a panic selling. In fact people will like to get profit from their investment and they will try to sell their bitcoin at some profit. Therefore the price can get lower. But hope that very soon the price will again recover its price when investors will become interested to do investment in bitcoin again. I think we can expect that at the end of 2017 the price of bitcoin will be trading above 7000$. Because bitcoin has the potential to increase more.

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October 24, 2017, 09:40:37 PM
#67

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
Probably that is the main reason. As far as I remember, in the recent segwit2x last August, same thing happened, its market valu dumped before the fork and increase right after it. And maybe that's the reason why the value of Bitcoin is stucked at 6000$ and will also probably increase after the fork and make it possible to reach 7000$ before this year end.

The way that price dumped (and alt prices rose) immediately after the BTG snapshot suggests that some people were holding BTC to get BTG. After the snapshot, they were free to dump again. Doesn't really make sense because it's just a scamcoin, but there was a lot of hype around it. I don't even understand how it's trading on Bitfinex, since the blockchain isn't even public yet. The blockchain might not even exist yet...

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October 24, 2017, 09:45:23 PM
#68

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October 24, 2017, 09:54:08 PM
#69

A little correction is expected here, but we cannot consider it as a panic selling. In fact people will like to get profit from their investment and they will try to sell their bitcoin at some profit. Therefore the price can get lower. But hope that very soon the price will again recover its price when investors will become interested to do investment in bitcoin again. I think we can expect that at the end of 2017 the price of bitcoin will be trading above 7000$. Because bitcoin has the potential to increase more.
Price corrections will surely happen specially when we saw up sudden price increase on bitcoin which i do see somehow that it is being hyped because of the fork event and now it has been done and the price tends to go lower again and as you said people or investors will surely taking profits as of now and yet cant be considered as panic sell though.



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October 24, 2017, 10:25:28 PM
#70

A little correction is expected here, but we cannot consider it as a panic selling. In fact people will like to get profit from their investment and they will try to sell their bitcoin at some profit. Therefore the price can get lower. But hope that very soon the price will again recover its price when investors will become interested to do investment in bitcoin again. I think we can expect that at the end of 2017 the price of bitcoin will be trading above 7000$. Because bitcoin has the potential to increase more.
Price corrections will surely happen specially when we saw up sudden price increase on bitcoin which i do see somehow that it is being hyped because of the fork event and now it has been done and the price tends to go lower again and as you said people or investors will surely taking profits as of now and yet cant be considered as panic sell though.
Fall down of bitcoin value in the market was normally happen due to hardfork coming, more of the users were hold their balance in their wallet to secure their value and they believe that after this segwit bitcoin price is going back into increasing trends. But for me it's better to withdraw you balance because I'm sure that after hardfork bitcoin value will going into deep. I think this fall down of bitcoin value is the best opportunity to invest.

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October 24, 2017, 10:52:07 PM
#71

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

You're a new guy here. Eventually you will get used to see these big oscillations in the price of bitcoin, since those who have followed closely the performance of bitcoin (and most of the criptomonedas) have been able to witness drops of 10, 20 or 30% in a matter of days. Fortunately, in all previous cases the price of bitcoin always ends up recovering to continue its bullish trend.

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October 26, 2017, 05:46:34 AM
#72

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
Its just some big whales dumping their holding or cashing out their profit from this short term huge rally, current pump on price was only supported by high speculation over comming hard fork so bigger dump than this one is quite guaranteed after the hard fork.

That pretty much explains it all. The drops in pricing is normal after a huge rally or bull run. The price will spike or  peaks then eventually normalize at some point.

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October 26, 2017, 10:42:04 AM
#73

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?

Haha Tongue It not for the HardFork. It's natural for Bitcoin. And It will pump soon. Yes, some people are really scared for the HardFork. But I think nothing to have worried about HarFork.
Well you are right, this is a normal thing for bitcoin. People are afraid of hard forks making them sell all their bitcoin until prices drop significantly, but not all of them are worried because of the hard forks. I am not worried about the coming hard forks.

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October 26, 2017, 11:22:30 AM
#74

reason is BTG  many sell BTC to get BTG
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October 26, 2017, 01:02:59 PM
#75

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
Probably that is the main reason. As far as I remember, in the recent segwit2x last August, same thing happened, its market valu dumped before the fork and increase right after it. And maybe that's the reason why the value of Bitcoin is stucked at 6000$ and will also probably increase after the fork and make it possible to reach 7000$ before this year end.

I think one of the reason why BTC price drop is due to the uneven movement of its mining cost. Once you have mine close down, they tend to unload their stored bitcoin which cause chain reaction. I think the future of bitcoin is very bright. However that does not mean that the price of bitcoin will go up or down. One might argue that the market is going through its long term growth correction, but there is a chance it could be in for a deeper fall.

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October 27, 2017, 10:37:02 AM
#76

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
People already sell their bitcoin because of incoming Hard fork. They think that hard fork will happen on Oct 25, but it did not happen yet. I think the next hard fork will happen on November. I also think that bitcoin will still rise after dropping the price after the hard fork, that is my opinion.
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October 27, 2017, 02:14:41 PM
#77

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
People already sell their bitcoin because of incoming Hard fork. They think that hard fork will happen on Oct 25, but it did not happen yet. I think the next hard fork will happen on November. I also think that bitcoin will still rise after dropping the price after the hard fork, that is my opinion.
We'll pump and dump were usually fine, i just don't know yet about the fork why it's being moved i thought there's just problems occur that day ,well will see it later in some threads. The price will continue to rise as long as the btg fork were not ved but will always recover.

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October 27, 2017, 03:00:28 PM
#78

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
I think there no is no hard fork happen yet since price of bitcoin is rising now. Maybe a lot of us thinks that Hard Fork will happen on October 25, 2017. It is dropping because some of us are panic to lose their bitcoin if bitcoin price will drop.



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October 28, 2017, 04:20:34 AM
#79

It happen usually if there is rise, the next move will be a drop and it's normal that if there is a fork the price will go down. Coz people might think the price will go down, as usual they will be panic selling again. Rise, drop, all is normal and that is how btc price works.
Well I don稚 agree with you its totally wrong information about bitcoin that the price is drop that why I always saying to the users of bitcoin that check the price of bitcoin on daily base if you see today price of bitcoin its very good and high so I think we must stop misguiding the people about the price of bitcoin and now a days it痴 going more high than this.

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October 28, 2017, 11:40:09 AM
#80

I think there no is no hard fork happen yet since price of bitcoin is rising now. Maybe a lot of us thinks that Hard Fork will happen on October 25, 2017. It is dropping because some of us are panic to lose their bitcoin if bitcoin price will drop.
For your information hard fork happened on October 25, 2017 you can search for bitcoin gold on coinmarketcap, it is one proof that hard fork have been finished already. Price movement and forking of bitcoin is not related with each other and a rising price ain't sufficient reason to say that hard fork has not occurred. Price dropping is a normal occurrence in bitcoin's movements when FUD's are spread out specially at times when one can easily insight uncertainty on Bitcoin.
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October 28, 2017, 02:11:10 PM
#81

It happen usually if there is rise, the next move will be a drop and it's normal that if there is a fork the price will go down. Coz people might think the price will go down, as usual they will be panic selling again. Rise, drop, all is normal and that is how btc price works.
Well I don稚 agree with you its totally wrong information about bitcoin that the price is drop that why I always saying to the users of bitcoin that check the price of bitcoin on daily base if you see today price of bitcoin its very good and high so I think we must stop misguiding the people about the price of bitcoin and now a days it痴 going more high than this.
why do not you agree, for me it all happened. something normal is that if bitcoin rises it will decrease, and so on until bitcoin runs out there. then what basic thing makes you think that bitcoin will forever rise? maybe if Bitcoin prices continue to rise will never happen panic selling and so on. this is the nature of bitcoin fluctuations

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October 28, 2017, 02:34:02 PM
#82

Maybe because of the issue regarding the bitcoin gold that's demoralizing the image of bitcoin in our society today. These scammers does surley make a damage to the impression of each individuals of the society regarding bitcoins.

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October 28, 2017, 02:36:30 PM
#83

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
this scenario is normal bitcoin is always fall even before  and also no one can speculate when will be the bitcoin will go up and down but i know that there are some reason why bitcoin always fluctuate such as the demand  of supply in the market.


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October 29, 2017, 04:13:40 PM
#84

It happen usually if there is rise, the next move will be a drop and it's normal that if there is a fork the price will go down. Coz people might think the price will go down, as usual they will be panic selling again. Rise, drop, all is normal and that is how btc price works.
No it痴 not true I知 not agree with this bitcoin price is high that why I suggest to everyone to check the price of bitcoin every day in order to we don稚 involve in wrong information痴 and bitcoin price will be more high in couple of weeks so always believe in true statements about bitcoin because bitcoin is such a currency which give hope not disappointment.

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Mister1k
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October 29, 2017, 04:53:25 PM
#85

It happen usually if there is rise, the next move will be a drop and it's normal that if there is a fork the price will go down. Coz people might think the price will go down, as usual they will be panic selling again. Rise, drop, all is normal and that is how btc price works.
No it痴 not true I知 not agree with this bitcoin price is high that why I suggest to everyone to check the price of bitcoin every day in order to we don稚 involve in wrong information痴 and bitcoin price will be more high in couple of weeks so always believe in true statements about bitcoin because bitcoin is such a currency which give hope not disappointment.

Are seeing the price first dude. 2 weeks before bitcoin price was around 6k US dollar but now almost lower than 5900 USD only so we have to see that bitcoin price closely give quote in any thread.
Price drop usually happens whenever the hard fork, reduction of blocks size, reduction of bitcoin supply and so on. I say you should not care about the bitcoin's value at anytime just buy whenever price falls down.


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October 30, 2017, 07:32:56 AM
#86

You can't exactly figure out the reason because Bitcoin trading is unpredictable. Because Bitcoin trading can be very high or low in price in a short amount of time.
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October 30, 2017, 08:01:39 AM
#87

ANd now, price is going on a bull wave once again.

You can't exactly figure out the reason because Bitcoin trading is unpredictable. Because Bitcoin trading can be very high or low in price in a short amount of time.

The thing with bitcoin is not that it's unpredictable(it is to an extent but it's just as unpredictable as stocks in my opinion), but the fact that bitcoin price often swings from being bullish and bearish, even when the overall trend is bullish.

Just don't get too positive when the price is bullish or too negative when the price is bearish.



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Mehedi72
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October 30, 2017, 03:44:06 PM
#88

Dumping and pumping is very common matter.
Its true that recently the price of bitcoin went down but now bitcoin able to recover its price and hit 6k dollar.
Because of bitcoin is getting popular day by day and now people would like to investment with bitcoin and so the price of bitcoin is pumping day by day

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November 04, 2017, 04:16:13 AM
#89

It happen usually if there is rise, the next move will be a drop and it's normal that if there is a fork the price will go down. Coz people might think the price will go down, as usual they will be panic selling again. Rise, drop, all is normal and that is how btc price works.
No it痴 not true I知 not agree with this bitcoin price is high that why I suggest to everyone to check the price of bitcoin every day in order to we don稚 involve in wrong information痴 and bitcoin price will be more high in couple of weeks so always believe in true statements about bitcoin because bitcoin is such a currency which give hope not disappointment.

Are seeing the price first dude. 2 weeks before bitcoin price was around 6k US dollar but now almost lower than 5900 USD only so we have to see that bitcoin price closely give quote in any thread.
Price drop usually happens whenever the hard fork, reduction of blocks size, reduction of bitcoin supply and so on. I say you should not care about the bitcoin's value at anytime just buy whenever price falls down.
I hope you bought at that price, bitcoin is now trading above 7200 and if the experience with the previous forks is right then that means that bitcoin is going to up even higher since there are still some forks we need to go through.
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November 04, 2017, 04:53:29 AM
#90

Dumping and pumping is very common matter.
Its true that recently the price of bitcoin went down but now bitcoin able to recover its price and hit 6k dollar.
Because of bitcoin is getting popular day by day and now people would like to investment with bitcoin and so the price of bitcoin is pumping day by day
yes, it's all a common problem. up or not, it is a common thing. there are people who expect bitcoin prices to fall, and some are hoping otherwise. but for now, I think a lot of people are expecting bitcoin prices to go down, because if that happens, they will definitely buy it in bulk.

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November 04, 2017, 08:53:53 AM
#91

It happen usually if there is rise, the next move will be a drop and it's normal that if there is a fork the price will go down. Coz people might think the price will go down, as usual they will be panic selling again. Rise, drop, all is normal and that is how btc price works.
No it痴 not true I知 not agree with this bitcoin price is high that why I suggest to everyone to check the price of bitcoin every day in order to we don稚 involve in wrong information痴 and bitcoin price will be more high in couple of weeks so always believe in true statements about bitcoin because bitcoin is such a currency which give hope not disappointment.

What do you call the price of Bitcoin not high? I think that your method of measure should be the time and money that miners will spend to extract 1 Bitcoin.



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November 04, 2017, 09:30:26 AM
#92

Its only natural to fell down after the uprising of the price of bitcoin because the logic is how do you supposed people will start buying bitcoin if the price of it continues at a high price, it will be difficult for buyers.

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November 04, 2017, 09:54:28 AM
#93

Are people scared by the hard fork or why is it dropping?

I myself is scared about this upcoming but it's happening so we just have to go with the flow. The price seems to be good at $7,000 after seeing it went up at $7,300 and now there's a $200 dropped on it but it's not a big deal to me. It's now very far from my expectation and every time it drops only one reason is there and that is because many are selling.

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November 04, 2017, 09:57:53 AM
#94

The price is never constant. The up and down flow is all part of the deal. How can traders trade if the price only goes up? believe me, somebody somewhere is happy and knows how to work it when there is a drop in price.

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November 04, 2017, 10:31:36 AM
#95

Are people scared by the hard fork or why is it dropping?

I myself is scared about this upcoming but it's happening so we just have to go with the flow. The price seems to be good at $7,000 after seeing it went up at $7,300 and now there's a $200 dropped on it but it's not a big deal to me. It's now very far from my expectation and every time it drops only one reason is there and that is because many are selling.
You do not need to be scared. BTC isn't a speculator bubble, it will still be development in many years and will be valued more than today. A crash will happen but no problem.

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November 04, 2017, 02:36:14 PM
#96

It has dropped but it stopped after reaching 7100$ maybe that can be the stop level for bitcoin again i might be wrong in this but the charts are showing similar figures if the price can maintain this mark we will see it reach 9000$ by end of the current year

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batang_bitcoin
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November 04, 2017, 10:04:54 PM
#97

Are people scared by the hard fork or why is it dropping?

I myself is scared about this upcoming but it's happening so we just have to go with the flow. The price seems to be good at $7,000 after seeing it went up at $7,300 and now there's a $200 dropped on it but it's not a big deal to me. It's now very far from my expectation and every time it drops only one reason is there and that is because many are selling.
You do not need to be scared. BTC isn't a speculator bubble, it will still be development in many years and will be valued more than today. A crash will happen but no problem.

I'm not scared with bitcoin but with the fork. I'm worrying that B2x has a lot of support. I know that bitcoin can stand with it but the majority of miners are into that fork coin and they are showing the support to it. Well I'm not expecting a crash but a rally and a correction so the price will be dropping as soon as many are contented with the current profit that they can take but they will be back for sure after taking profit.

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November 05, 2017, 08:11:39 AM
#98

It happen usually if there is rise, the next move will be a drop and it's normal that if there is a fork the price will go down. Coz people might think the price will go down, as usual they will be panic selling again. Rise, drop, all is normal and that is how btc price works.
Well I don稚 agree with you its totally wrong information about bitcoin that the price is drop that why I always saying to the users of bitcoin that check the price of bitcoin on daily base if you see today price of bitcoin its very good and high so I think we must stop misguiding the people about the price of bitcoin and now a days it痴 going more high than this.
why do not you agree, for me it all happened. something normal is that if bitcoin rises it will decrease, and so on until bitcoin runs out there. then what basic thing makes you think that bitcoin will forever rise? maybe if Bitcoin prices continue to rise will never happen panic selling and so on. this is the nature of bitcoin fluctuations
I don稚 agree with you sorry to say today I buy a lot of things through bitcoin so the price was high then yesterday so I believe that we need to be positive about bitcoin because bitcoin is fast growing digital currency in market with high price so we need to support bitcoin because bitcoin is hers only for us and we need to play role for his price.

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November 05, 2017, 08:22:12 AM
#99

ANd now, price is going on a bull wave once again.

You can't exactly figure out the reason because Bitcoin trading is unpredictable. Because Bitcoin trading can be very high or low in price in a short amount of time.

The thing with bitcoin is not that it's unpredictable(it is to an extent but it's just as unpredictable as stocks in my opinion), but the fact that bitcoin price often swings from being bullish and bearish, even when the overall trend is bullish.

Just don't get too positive when the price is bullish or too negative when the price is bearish.

Even its bearish I don't think it wouldn't affect so much with the demand from new investors now, because its becoming unstoppable of its value to rise more better. We can't predict the price to what it may result but what is good for these following days, the price is not heading towards the higher value and we couldn't even analyze when will it stop. It keeps on surging and I am able to see the great possibilities that the previous speculations that bitcoin's price of $8000 will be a reality for few weeks of price fluctuations.



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btc_angela
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November 05, 2017, 09:08:52 AM

ANd now, price is going on a bull wave once again.

You can't exactly figure out the reason because Bitcoin trading is unpredictable. Because Bitcoin trading can be very high or low in price in a short amount of time.

The thing with bitcoin is not that it's unpredictable(it is to an extent but it's just as unpredictable as stocks in my opinion), but the fact that bitcoin price often swings from being bullish and bearish, even when the overall trend is bullish.

Just don't get too positive when the price is bullish or too negative when the price is bearish.

Even its bearish I don't think it wouldn't affect so much with the demand from new investors now, because its becoming unstoppable of its value to rise more better. We can't predict the price to what it may result but what is good for these following days, the price is not heading towards the higher value and we couldn't even analyze when will it stop. It keeps on surging and I am able to see the great possibilities that the previous speculations that bitcoin's price of $8000 will be a reality for few weeks of price fluctuations.



Bearish market will not last as well. Maybe the price could do sideways for a time being, but when the price pick up again.. ohhh, you don't want it because its another bullish run. LOL. Yes, no one can really predict the price whether to go up or down, so we need to be prepared as well. But as we can see with the price today, its very bullish, it can be a bubble but whatever happens in the future, the price will remain as good as it gets.

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November 05, 2017, 12:59:08 PM

ANd now, price is going on a bull wave once again.

You can't exactly figure out the reason because Bitcoin trading is unpredictable. Because Bitcoin trading can be very high or low in price in a short amount of time.

The thing with bitcoin is not that it's unpredictable(it is to an extent but it's just as unpredictable as stocks in my opinion), but the fact that bitcoin price often swings from being bullish and bearish, even when the overall trend is bullish.

Just don't get too positive when the price is bullish or too negative when the price is bearish.

Even its bearish I don't think it wouldn't affect so much with the demand from new investors now, because its becoming unstoppable of its value to rise more better. We can't predict the price to what it may result but what is good for these following days, the price is not heading towards the higher value and we couldn't even analyze when will it stop. It keeps on surging and I am able to see the great possibilities that the previous speculations that bitcoin's price of $8000 will be a reality for few weeks of price fluctuations.



Bearish market will not last as well. Maybe the price could do sideways for a time being, but when the price pick up again.. ohhh, you don't want it because its another bullish run. LOL. Yes, no one can really predict the price whether to go up or down, so we need to be prepared as well. But as we can see with the price today, its very bullish, it can be a bubble but whatever happens in the future, the price will remain as good as it gets.
I agree, but whatever happens I can't drop down my savings in bitcoin instead I increased it because bitcoin value now is like a rocket launcher. It was rapidly raising up, some people are expecting of fall down of bitcoin but I think it was not happen.
In my speculation bitcoin value as increasing value until December end and another raising up of value on 2018, so I suggest to all users that stay hold your bitcoin in your wallet. Because there's a lot of increasing of price will happen.

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Activitycoin
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November 07, 2017, 07:02:28 AM

It happen usually if there is rise, the next move will be a drop and it's normal that if there is a fork the price will go down. Coz people might think the price will go down, as usual they will be panic selling again. Rise, drop, all is normal and that is how btc price works.
Well I don稚 agree with you its totally wrong information about bitcoin that the price is drop that why I always saying to the users of bitcoin that check the price of bitcoin on daily base if you see today price of bitcoin its very good and high so I think we must stop misguiding the people about the price of bitcoin and now a days it痴 going more high than this.
why do not you agree, for me it all happened. something normal is that if bitcoin rises it will decrease, and so on until bitcoin runs out there. then what basic thing makes you think that bitcoin will forever rise? maybe if Bitcoin prices continue to rise will never happen panic selling and so on. this is the nature of bitcoin fluctuations
No it痴 not true I check bitcoin price this morning and the price of bitcoin was very high so I think everyone need to check the price of bitcoin every day in order to we can avoid such a wrong information and for a kind of information I知 sure that the price will not drop because bitcoin is now stable currency in world so its demand is very high now.

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November 07, 2017, 07:08:55 AM

Bitcoin has been on a rollercoaster ride in recent times. though the past few days has experienced a more steady increase. I believe the market force of demand and supply has a crucial role to play in its upward or downward turn.
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November 07, 2017, 07:15:10 AM

Is the rule now that the price can only rise in a linear fashion, or someone needs to post a thread asking what is happening?
The price is over $7000, up from about $1000 in January. A $400 dip isn't a crash or even something to worry about.

The price could actually fall at some point, it's happened before and it will happen again. From what level that fall happens is the only unknown.


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November 08, 2017, 02:10:37 AM

i think its the effect of posting topics about the price of btc going down, some traders are selling their btc because they are worried of the news about btc price downswing, but i think this is just a plot, a trend to make btc gain momentum in the coming months especially december of this year. somehow there are disadvantages and advantages, that is how the game works you just have to play it wise.

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November 08, 2017, 03:14:19 AM

Bitcoin has been on a rollercoaster ride in recent times. though the past few days has experienced a more steady increase. I believe the market force of demand and supply has a crucial role to play in its upward or downward turn.
This time the trend already turned into the bullish but i was expecting about the new ATH before the bitcoin fork. Consider about the little correction already passed and the more people will try to buy the bitcoin to prepare the hardfork of the bitcoin itself. Almost 2 days we are not able to trade our bitcoin in there. As you can see about the more people are waiting for that to grab the money that has fallen from the sky.

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mace15
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November 08, 2017, 04:45:27 AM

i think its the effect of posting topics about the price of btc going down, some traders are selling their btc because they are worried of the news about btc price downswing, but i think this is just a plot, a trend to make btc gain momentum in the coming months especially december of this year. somehow there are disadvantages and advantages, that is how the game works you just have to play it wise.
Btc has been up and down, price drops yes possible for the reasons of the hard fork event that it may dump or correction will happen. Users being wise and take the profit for them not to lose money, yet btc price will rise again for sure. This is happening always btc become up and down and we should ride with the train.

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Kurokonobasuke
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November 08, 2017, 08:13:06 AM

Is there any reason why the btc price is dropping that much today? Are people scared by the hard fork or why is it dropping?
Maybe it has todo.with the demand since its market value is dependent with the demand that it is getting from the market. It appesrs that those who are selling their bitcoin is afraid to lose monehly because of the hardfork since there's a tendency that its mlvalue might drop if the outcome is not in favor with Bitcoin. Bbut they're totally wrong, they should take advantage of the backdrops that may happen and hold more into their Bitcoin.