Why Bitcoin Falling in price ??
Bitcoin jumps and falls in price every single day. There are highs and there are lows. My best guess, would be that traders with tremendous
BTC holdings are testing the support of Bitcoin for future trades, investment information and to get a better idea about what kind of market they are operating within. This recent price fall definitely has something to do with the fact that a bunch of people invested money into Bitcoin without any knowledge or genuine interest besides their desire to get rich; these people scare easily and when they jump ship they flood the market with their coin and this drives the price down.
its market values or circulation will not allow it
Can you explain this a little further? I don't know if you were just pulling this randomly out of thin air or if you believe there is something valid behind it, but in any case I would beg that you clarify this point.
It definitely seems like a possbility, as it has happened in the past. The market values are just whatever someone is willing to pay against whatever someone in possession of
BTC is willing to accept for it. Circulation would seem to have little to no correlation with the value of BTC, because otherwise we wouldn't experience these absurd price dips
and spikes with similar volumes.
I guess I am just confused by the premise and conclusion. I wish that users would go more into detail about what they are putting forward, because this is how real conversations are had. You very well have an opportunity to teach me something new, and probably many others if you are able to back your statements up. This in itself would be impressive and probably something I would merit; I don't normally run around handing out merit tips, but it's just a side-note and hopefully some incentive for you to take me up on my suggestion(s).
