BTC Price drop?

[oyinkansolaberry]

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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[NUFCrichard]

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.

[gambitcoin53]

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.

[Teraboy]

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.

[mace15]

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.

[Kurokonobasuke]

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.

[cryptojac17]

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.

Yeah certainly there is a possibility that the price of BTC will drop when there activities that would threaten bitcoin price like hard fork and segwit2X
because investors are very keen observance of the situation and forecasting ability but if think it positively it would be beneficial for the new player to invest because of low price it will open a new opportunities.

[OrangeII]

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.

expect bitcoin prices to drop, but I do not think it will happen anytime soon. well, it will be very much the advantage we get if the bitcoin price falls, even more so if the altcoin price goes up. honestly, I have enough altcoin to sell, but now the price is down. I believe, with the fall in bitcoin prices, altcoin prices will surely rise.

[YuginKadoya]

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 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.

Yeah nothing to worry about dumping 40 bitcoin that is not yours I think you are saying this to yourself, but anyway 40 bitcoin is a large amount that have been dump out of panic the owner must have been very angry with you after seeing the price of bitcoin today, in my opinion the price would still surge in value.

[marcuslong]

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?

Because several people are selling their bitcoin and scared that bitcoin price will drop into big one might fall big but it won't happens because bitcoin is already made up history which is media and other social media are advertising bitcoin which the demand of bitcoin will increase again don't worry about it because it is part of bitcoin that the price might fall or increase instantly. Wait again for the right time to sell and buy bitcoin.

[DarkIT]

well, currently there is no sign showing the price of bitcoin will go down. well, on the contrary, bitcoin prices continue to rise. a lot of people are expecting bitcoin prices to drop so they can buy it in large quantities, but I think, for now, that intention must be undo first.

[bhadz]

well, currently there is no sign showing the price of bitcoin will go down. well, on the contrary, bitcoin prices continue to rise. a lot of people are expecting bitcoin prices to drop so they can buy it in large quantities, but I think, for now, that intention must be undo first.

Where have you been yesterday? If you monitored the price of bitcoin yesterday, there was a correction and the price dropped to $6,950. And everyone has been waiting for that moment where it's a good advantage that everyone can buy some more by that time. Luckily, I never rant out or did panic selling and by looking at the charts today bitcoin seems to be healthy again and broke another ATH.

[Best Dreams]

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.

Well I’m not going to agree with his statement because there is no reality in this the price is very good and high so that why I will request to everyone always check the price of bitcoin in order to we can avoid these wrong statements because I really become disappoint when I heard about these kind of wrong information so check the price every day.

[Mr.grin]

well, currently there is no sign showing the price of bitcoin will go down. well, on the contrary, bitcoin prices continue to rise. a lot of people are expecting bitcoin prices to drop so they can buy it in large quantities, but I think, for now, that intention must be undo first.

Where have you been yesterday? If you monitored the price of bitcoin yesterday, there was a correction and the price dropped to $6,950. And everyone has been waiting for that moment where it's a good advantage that everyone can buy some more by that time. Luckily, I never rant out or did panic selling and by looking at the charts today bitcoin seems to be healthy again and broke another ATH.

basically, when the bitcoin price falls, the price will rise again, even higher. aka there is always a segment to speed up transactions, and that will push up the bitcoin price. even though segwit remains in the retreat, bitcoin prices still remain stable.

[Eugenar]

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 only reason why its market value drop is because there are people who are selling their bitcoin and it highly affects the demand that it is having. It has todo with the relation of demand and supply. The hardfork is also a factor why people are selling their Bitcoin and it might be because they are afraid that its market value might fall in an insatant so what they are doing is assuring that they won't lose money so they are choosing to sell their Bitcoin.

[eagleman]

well, currently there is no sign showing the price of bitcoin will go down. well, on the contrary, bitcoin prices continue to rise. a lot of people are expecting bitcoin prices to drop so they can buy it in large quantities, but I think, for now, that intention must be undo first.

There's the sign now, check the price of bitcoin. It may continue to rise but there will be some hindrances and stop over before we see the green pastures. As of the moment, I do believe that the price of bitcoin will be hitting close to $8,000 after this dip.

basically, when the bitcoin price falls, the price will rise again, even higher. aka there is always a segment to speed up transactions, and that will push up the bitcoin price. even though segwit remains in the retreat, bitcoin prices still remain stable.

You said it right and this is what I'm waiting for. I did sold some at $7,500 and it's good to see that the price was down again so it's now buy back time.

[AjithBtc]

well, currently there is no sign showing the price of bitcoin will go down. well, on the contrary, bitcoin prices continue to rise. a lot of people are expecting bitcoin prices to drop so they can buy it in large quantities, but I think, for now, that intention must be undo first.

There's the sign now, check the price of bitcoin. It may continue to rise but there will be some hindrances and stop over before we see the green pastures. As of the moment, I do believe that the price of bitcoin will be hitting close to $8,000 after this dip.

basically, when the bitcoin price falls, the price will rise again, even higher. aka there is always a segment to speed up transactions, and that will push up the bitcoin price. even though segwit remains in the retreat, bitcoin prices still remain stable.

You said it right and this is what I'm waiting for. I did sold some at $7,500 and it's good to see that the price was down again so it's now buy back time.

This can be used as an buy back time. Every user doesn't feel the same. You have made the perfect selling at price above $7500, and now getting a coin will surely benefit as the price increase is incoming soon. Price hindrance is sure, but this time we see drops and recovering at time intervals without continued dropping.

[BUK2016]

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?

Bitcoin price drop is a normal situation and is attributed to the forces of demand and supply which usually course the fluctuation of the market value of bitcoin in most cases. 

[bhadz]

well, currently there is no sign showing the price of bitcoin will go down. well, on the contrary, bitcoin prices continue to rise. a lot of people are expecting bitcoin prices to drop so they can buy it in large quantities, but I think, for now, that intention must be undo first.

Where have you been yesterday? If you monitored the price of bitcoin yesterday, there was a correction and the price dropped to $6,950. And everyone has been waiting for that moment where it's a good advantage that everyone can buy some more by that time. Luckily, I never rant out or did panic selling and by looking at the charts today bitcoin seems to be healthy again and broke another ATH.

basically, when the bitcoin price falls, the price will rise again, even higher. aka there is always a segment to speed up transactions, and that will push up the bitcoin price. even though segwit remains in the retreat, bitcoin prices still remain stable.

It's going to happen, we are now into price fall and many are upset on it especially the new ones. But for us that who did experienced this before for so many times, we know what's the attitude of bitcoin regarding it's price drop. We are just on the fueling stage right now so after this price fall it can skyrocket and rapidly increase again. Opposite reaction as always, rapid in increase and then it will rapidly go down but it will be on a better floor.

[eagleman]

well, currently there is no sign showing the price of bitcoin will go down. well, on the contrary, bitcoin prices continue to rise. a lot of people are expecting bitcoin prices to drop so they can buy it in large quantities, but I think, for now, that intention must be undo first.

There's the sign now, check the price of bitcoin. It may continue to rise but there will be some hindrances and stop over before we see the green pastures. As of the moment, I do believe that the price of bitcoin will be hitting close to $8,000 after this dip.

basically, when the bitcoin price falls, the price will rise again, even higher. aka there is always a segment to speed up transactions, and that will push up the bitcoin price. even though segwit remains in the retreat, bitcoin prices still remain stable.

You said it right and this is what I'm waiting for. I did sold some at $7,500 and it's good to see that the price was down again so it's now buy back time.

This can be used as an buy back time. Every user doesn't feel the same. You have made the perfect selling at price above $7500, and now getting a coin will surely benefit as the price increase is incoming soon. Price hindrance is sure, but this time we see drops and recovering at time intervals without continued dropping.

Yes it can used for buy back and I did bought back at $7,100 so it was a clean $400 profit. That's the easiest 400 bucks of my life and I don't have to work for that amount for half month, this is why I really like crypto especially bitcoin when it comes to getting a good and clean profit. But sometimes it's not a good decision because I'm selling too early when I think the price is expected to decrease.
The price is starting to recover and it's now on $7,200 so I guess there will be another pump that's about to happen very soon.