why bitcoin price have fallen today?

[Pursuer]

this is just temporary market manipulation like 100 times before.

bitcoin has risen too fast and too big but it was never in a bubble. the correction was down to $7000 and worse case scenario was to $6900 with a very strong resistance around $7000.
but with manipulation and force feeding people that it is a bubble, the fear was always there. with the SegWit2x being suspended, the FUD began which is led by bitcoin cash pumpers who want to redirect all the money to bitcoin cash market.

they have also manipulated the BCH difficulty in a way that it creates incentive for miners to go there and mine it. a miner who finds 1 block per hour is not finding 10 per hour on bitcoin cash so they obviously leave and that harms bitcoin temporarily.

and when all that is with lots of FUD and panic, the price crashes like this. but as you can see there are whales buying the cheap coins and will continue manipulating the market until this BCH attack comes to an end. by then there will be a jump back up above $6500 initially and then an accumulation phase and rise back to $7500+

[Ararbermas]

I saw some post here in the forum last week that the value of bitcoin will be corrected and it will increase again before this year ends, i don't know if that's true or not.

yess thats true according to the site I've been read recently some of the bitcoiner said that the reason why bitcoin fall deep now a days because there will be an adjustment on it . Cause the value of bitcoin is to high maybe soon bitcoin value will recover. 

[Deddy_Kazekage]

That's what is called the Global Market .. can go down can also rise .. not possible in a global market will increase continue .. If we use this digital currency as a gamble then we always worry about it .. but if we invest in long term .. going down in a market will not be problematic, and still benefit both sides ..

[TangentC]

The plan goes like this:  
Chinese miners (f2pool, antpool etc etc) have organised with major exchanges (via/huobi/okcoin etc) to support and launch bitcoin cash.  
Initially they will let everyone who wants to sell, sell.    
Once the coin has bottomed out, and everyone who wanted to sell has sold, they [chinese miners/jihad/chinese exchanges] will begin accumulating lots and lots of bitcoin cash.  
They will then begin to pump the price  to around 0.1 BCC/BTC - 10%  
The big pools won't mine it ~ they will let the smaller pools see the returns from mining this expensive, but low difficulty coin and start mining it.  
Later, the larger pools will join, and as we know, jihad has ALOT of hashing power, their plan is for bitcoin cash to have more hashing power than bitcoin ~ and lets be honest, once t he chinese move over, that is pretty much it.  
Around this time, the 'hard fork' section of segwit 2x is not going to happen ~ it never was - Bitcoin cash will then be seen as the original NYA coin..  
At that point in time, Bitcoin cash will be on all major chinese exchanges, possibly some western exchanges aswell, and have majority hashing power. Western companies & other merchant providers (BitPay - @Spair) etc - paid off by bitmain etc will go along with the new bitcoin cash narrative and will push for the 'bitcoin cash' to be called 'bitcoin' on all their platforms, leaving only coinbase et all which will then be the odd ones out..  
    
Now comes the scary part, The old bitcoin, the bitcoin we know and love, is going to get DESTROYED.  
What determines a coins success ? It's market cap.  
Big old school blockers and miners are going to dump bitcoin back to the bottom, they will take literally billions and billions of dollars out of bitcoin. They will use the money to fund the marketing, and development, or 'bitcoin cash' - Think, Bitcoin core - FIRED.  Think - forbes article, "why bitcoin miners and companies are moving to bitcoin cash" - think - "Why the market is chosing bitcoin cash as bitcoin not bitcoin core"  - They wil lsay the market has spoken, that people have voted with their money.  
    
Right now, massive huge shorts are being built, already on finex, shorts are at 32k - not seen since $200 these kinds of numbers of shorts, and its climbing, all the t ime, consistently, they have ALOT of coins to short.  
    

Nice theory but the BTC price has  already reversed - it bottomed  out around a couple hours ago - and has gone backup from $5800 up to now ~ $6300

Mean time BCC has topped out and free falling from ~$2500 back to to around $1600

Here's why the big whale plan would not work:

1). Not all BTC holders are in it for the morney and we will not sell the bitcoins now no matter what happen.

2). There are many real reasons why BTC is in the high demand - not just the stock market hype of how much money get pulled out or pumped in...it's the technologies stupid !!!

3). There are real demand for btc worldwide for what  it was designed and become highly desirable today and there are real people whose want to own it - worldwide.  There is along list of merchants, whose will accepts btc as the payment

4). Nobody I know of will accept bcc as a form of payment

So good luck !

You confused , you think price make the coin work.

Same mining pools make core BTC work & Bitcoin Cash coin work.

If those miners want your chain dead , all they do is quit mining it, chain freeze , coin becomes worthless and you lose everything.
They can kill coin at will, you naive to think different.

No one use core BTC to buy anything, transaction fees too high and takes too long.

[kiwasmose]

Bitcoin prices fell today, I think the reason is the accumulation of foam. Another reason is that these days BCH crazy, most of the money went into BCH, turnover of billions today. There is a part of the original bitcoin money is flowing into BCH.

[worle1bm]

know someone what happened? 

Yes there are some possible explanations which could be related to dip in bitcoin price like some of the miners supporting Bitcoin cash at the moment and the other reason is the cancellation of hark fork or B2X in the November.And now some are trying to make btc price go down but there is no need to worry because this is just temperory downfall and after a while Bitcoin price would be stable and price line would rise fast within end of 2017 just hodl

[SUDARMONO]

I'm sure some people are happy with the price of bitcoin today, I think this is because the segwit2x fails and most of the investors switch to BCC / BCH, and the bitcoin price also gives the opportunity for people who want to invest in the bitcoin price again down.

[btc4]

Bitcoin prices fell today, I think the reason is the accumulation of foam. Another reason is that these days BCH crazy, most of the money went into BCH, turnover of billions today. There is a part of the original bitcoin money is flowing into BCH.

The price of bitcoin is reduced due to the nearing of Fork.It will further reduce and get into stable value.After the fork the price will again start to increase and as expect the price of bitcoin will reach 8000$ at this year end.

[Games.Bitcoin]

Are any of you making the jump from BTC -> BCH?

[NeonXL]

Are any of you making the jump from BTC -> BCH?

No, it`s wrong. BCH = scum. it`s korea and china attack!
STAND STRONG! STAND BTC

[elkafee79]

know someone what happened? 

dont worry, it will be recover again and bitcoin will grow up soon.

[JTASSOCIATES]

For one day down no need to panic price correction is must at every stage to sustain.

The main reason what I observed is cancellation of Segwit2x and max bitcoin users afraid and start selling bitcoin might be the major cause. Nothing is constant so bitcoin will reaise again and it is the time we have to buy bitcoin.

[polymerbatt]

know someone what happened? 

Obviously because of the segwit2x cancelled, people who holding their bitcoins for the hardfork sell back their bitcoins and turn it back into altcoins but i'm sure the price will go up again very soon. That huge dump on bitcoincash is a joke though, pretty sure a big whale dump the bitcoin cash.

[modsa]

this is just temporary market manipulation like 100 times before.

bitcoin has risen too fast and too big but it was never in a bubble. the correction was down to $7000 and worse case scenario was to $6900 with a very strong resistance around $7000.
but with manipulation and force feeding people that it is a bubble, the fear was always there. with the SegWit2x being suspended, the FUD began which is led by bitcoin cash pumpers who want to redirect all the money to bitcoin cash market.

they have also manipulated the BCH difficulty in a way that it creates incentive for miners to go there and mine it. a miner who finds 1 block per hour is not finding 10 per hour on bitcoin cash so they obviously leave and that harms bitcoin temporarily.

and when all that is with lots of FUD and panic, the price crashes like this. but as you can see there are whales buying the cheap coins and will continue manipulating the market until this BCH attack comes to an end. by then there will be a jump back up above $6500 initially and then an accumulation phase and rise back to $7500+

+1 Agree. people write manipulation stories after every big pump. because everybody know that is fake pump. even tough miners support bcc who care? People trust bitcoin not miners coin and definetly greedy miners know that truth.

[Shenzou]

this is just temporary market manipulation like 100 times before.

bitcoin has risen too fast and too big but it was never in a bubble. the correction was down to $7000 and worse case scenario was to $6900 with a very strong resistance around $7000.
but with manipulation and force feeding people that it is a bubble, the fear was always there. with the SegWit2x being suspended, the FUD began which is led by bitcoin cash pumpers who want to redirect all the money to bitcoin cash market.

they have also manipulated the BCH difficulty in a way that it creates incentive for miners to go there and mine it. a miner who finds 1 block per hour is not finding 10 per hour on bitcoin cash so they obviously leave and that harms bitcoin temporarily.

and when all that is with lots of FUD and panic, the price crashes like this. but as you can see there are whales buying the cheap coins and will continue manipulating the market until this BCH attack comes to an end. by then there will be a jump back up above $6500 initially and then an accumulation phase and rise back to $7500+

+1 Agree. people write manipulation stories after every big pump. because everybody know that is fake pump. even tough miners support bcc who care? People trust bitcoin not miners coin and definetly greedy miners know that truth.

We all know that, but what pushed miners to start supporting bcc is what caused the price to go down, the difficulty when mining bitcoin has increased a lot for the past few days and that puts it at a disadvantage, because with less miners on the bitcoin the higher the fees are on transactions, on the other hand bcc had a very slow start and poeple didn't care about it, all of this makes as think that this was a strategy made by the devs all a long just to make bcc succes forcing miners to get into it, but i don't think that this will go on for a long time, i am sure shortly things will go back the way they are because no one really cares about bcc.

[bitqistchris]

this is just temporary market manipulation like 100 times before.

bitcoin has risen too fast and too big but it was never in a bubble. the correction was down to $7000 and worse case scenario was to $6900 with a very strong resistance around $7000.
but with manipulation and force feeding people that it is a bubble, the fear was always there. with the SegWit2x being suspended, the FUD began which is led by bitcoin cash pumpers who want to redirect all the money to bitcoin cash market.

they have also manipulated the BCH difficulty in a way that it creates incentive for miners to go there and mine it. a miner who finds 1 block per hour is not finding 10 per hour on bitcoin cash so they obviously leave and that harms bitcoin temporarily.

and when all that is with lots of FUD and panic, the price crashes like this. but as you can see there are whales buying the cheap coins and will continue manipulating the market until this BCH attack comes to an end. by then there will be a jump back up above $6500 initially and then an accumulation phase and rise back to $7500+

+1. this is exactly what I think is happening and what will happen in the next few months.

[MIV.matteo]

I'm trying to understand what's going on right now reading as many opinions as possible. I must say though that whatever it is is quite charming and interesting in a way. This market is also nice for this, let's see what it deserve for us

[cold cool]

bcc rose sharply, the market capital flows to bcc, resulting in btc prices. But this is only temporary, bcc will fall btc will rise.

[khaled0111]

Don't worry, if you sell now you will win 1k$ (6400-5400) per bitcoin but i am not telling you to do so  just hold and everything will be ok again. It is hard to stay comfortable and don't panic.
Just take a vacation and go out for two or three days and do something you like, when you will come back and log in to your wallet you will find that every thing is ok.
Sometimes the best thing to do is nothing.

[mhayandal]

bitcoin price have fallen down maybe because there are a lot of people manipulating the price of bitcoin. I hope that bitcoin is going to be back the value the way they have before.