Why Bitcoin is dropping ? who can explain me ?

[cybersofts]

Why Bitcoin is dropping ? who can explain me ?
and when stop ? any idea?

Bitcoin value was dropping recently because it under market correction. Thankfully, the bitcoin price started recovering very strong today with about 13% increase in value reaching up $15,000. That is a good sign showing bitcoin will soon be out of the correction period.

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[londonglory]

It's a price correction, a huge one. Everything should be smooth in a couple days.

[AnCapFree]

It's a price correction, a huge one. Everything should be smooth in a couple days.

it's fall just because people need money for xmas and new year holiday and now everything will comeback normal

[R21]

I think it's natural activity for any digital currency, many of peolpe sell their bitcoins for fiat money so for sometimes bitcoin fall some down, but you see not fall about under 12000$! and now it's time to buy and gather some bitcoin.

[Geoll29]

The Bitcoin may drop because of the fast advent of altcoins. This is competition which affect it's current price. But this is only temporary because new investors will come up and existing investors who are already earning will invest more to gain more income.

[Diecaut]

Why Bitcoin is dropping ? who can explain me ?

and when stop ? any idea?

Demand and Supply with market cup leads price up or down. many buy them bitcoins in Christmas this is why price down.

it is stopped and price now about 15,000$

[HackS]

Why Bitcoin is dropping ? who can explain me ?

and when stop ? any idea?

because people are selling it too much which lowers its value it was new year and people needed money . its price is like stock market its price goes higher if people are buying it or want it same goes other way. (Anyway English description )

[jlomabao@gmail.com]

Why Bitcoin is dropping ? who can explain me ?

and when stop ? any idea?

its just an effect of sudden spike in its value. it is already gaining momentum in price increase.

[Pursuer]

The Bitcoin may drop because of the fast advent of altcoins. This is competition which affect it's current price. But this is only temporary because new investors will come up and existing investors who are already earning will invest more to gain more income.

I disagree because mostly there is no "competition" and there has never been any competition. altcoins have always been alternatives that traders go to whenever bitcoin price is not rising fast. during times like this they take their money and invest it in altcoins to increase it by making profit from alt pumps. then they come back to bitcoin and invest that money with its profit back into bitcoin.

you seem to be agreeing that it is temporary but you still consider this temporary alt pump as a "competition". care to explain why?

[nagatraju]

I think that his fall is due to a new year. But after this event, he should become more. It's just a temporary fall, I'm more than sure.

[LogitechMouse]

Law of supply and demand. Many bitcoin holders convert their bitcoins into fiat in order to have money to spent in the past holiday. When they sell their bitcoin, the supply increases and the price will go low.

[bitcon]

Why Bitcoin is dropping ? who can explain me ?

and when stop ? any idea?

Many talked about Bitcoin like the bubble is blown away. This is true but only in some extent. I think that the price is stabilizing and becoming adequate. We’ll see the growth yet. It will be in the beginning of 2018.

[Mahadi24]

i think the reason why btc fall was new year and chrismas celebration people have sold a lots of btc because the needed money.

[Mind Control]

Why Bitcoin is dropping ? who can explain me ?

and when stop ? any idea?

Is this the first time you saw Bitcoin dropped in value? Who said that Bitcoin will keep increasing? Bitcoin is volatile in nature and we will eventually see drops as soars. The price is driven by the community and is determined by the law of supply and demand. Dropping means many are selling their Bitcoins and increasing means many are buying Bitcoin. We cannot know exactly when the drop will stop unless we're already there.

[Anti-Cen]

Bitcoin value was dropping recently because it under market correction. Thankfully, the bitcoin price started recovering very strong today with about 13% increase in value reaching up $15,000. That is a good sign showing bitcoin will soon be out of the correction period.

it's trading side ways and has been for weeks after a big drop that was due to far to expensive transactions
fees just to commit 250 bytes of data to the block-chain.

BTC has been lossing ground to ETH and Ripple because the miners got greedy and now no one
can really trust them or the development team who should had place safeguards in place like

public static money MaxFee = 1.50 // 20,000 miners fighting over a mere 7 trades a second is stupid

Spamming of the network for small trades during peek periods can be stopped too, it's not rocket science

if (Amount <0.001 && Mempool > 10,000)
   return Error.Trade_To_Low

[Anti-Cen]

I think it's natural activity for any digital currency, many of peolpe sell their bitcoins for fiat money so for sometimes bitcoin fall some down, but you see not fall about under 12000$! and now it's time to buy and gather some bitcoin.

Someone said the same to me about my shares in IBM who had the world at there feet once when
it came to "Personal Computers" but they were to expensive and so are BTC fees so maybe you
remember them from a long time ago and should draw a lesson from history to predict the future

[131tc01n]

the bitcoin's natural activity to go even further usually drops like an experience. Unfortunately this year maybe bitcoin will be more popular again and the price will be higher.

[Reid]

I wont worry much about it.
It isnt that much for us to panic now.
But instead, let it be an opportunity for those who are late to get more while it is at this price. You will never know when it will suddenly pump again.
The fact that it goes popular everyday will be the reason for its pump. If one investor found out about bitcoin then that could be the cue for a nice value.

[anthinguy21]

Bitcoin dropping recently occurred due to a number of reasons, primarily due to a lot of negative information from the press about cryptocurrency as well as Bitcoin that made many people skeptical about the currency. Second, there are many Bitcoin trading floors occupied by hackers and stealing large amounts of Bitcoin. And the last and most important reason is that the investment trend in Altcoin and ICO in 2018 is very high instead of investing in Bitcoin as in 2017.

[Snub]

I think that by his inconstancy he attracts new customers. This is such a marketing move. You can see it when it happens.