Teamfearless (OP)
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January 11, 2019, 07:08:49 AM |
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What is make bitcoin price drop !
when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already been mine and all crypto currency depend on bitcoin so the demand ratio of bitcoin is really high still bitcoin keeps dropping .. I want to know what is behind it !!
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"In a nutshell, the network works like a distributed
timestamp server, stamping the first transaction to spend a coin. It
takes advantage of the nature of information being easy to spread but
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Zin-Zang
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January 11, 2019, 07:12:14 AM
Last edit: January 11, 2019, 07:29:56 AM by Zin-Zang |
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What is make bitcoin price drop !
when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already been mine and all crypto currency depend on bitcoin so the demand ratio of bitcoin is really high still bitcoin keeps dropping
.. I want to know what is behind it !!
Lauda pissed me off, so I am selling all of my bitcoins to destroy the crypto world forever, So it's lauda's fault. : https://bitcointalk.org/index.php?action=profile;u=101872  I might be kidding, I might not! |
I was Red Tagged because Lauda Blows Theymos to get back on DT
The rest are just lauda's personal butt monkeys=> Hhampuz , Vod, TMAN , achow101
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kelz1
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January 11, 2019, 07:38:35 AM |
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It did drop around the time lauda returned, perhaps theymos thinks lauda can save bitcoin  But based on the OP it is likely to be related to mining difficulty dropping. We need new bitmain ceo to save it |
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nebiki
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January 11, 2019, 08:09:09 AM |
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if in my opinion it is very difficult to answer because all this time the news of the decline in bitcoin is a lot, and the big and the wrong ones don't even know right
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odolvlobo
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January 11, 2019, 08:33:15 AM |
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What is make bitcoin price drop !
when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already been mine and all crypto currency depend on bitcoin so the demand ratio of bitcoin is really high still bitcoin keeps dropping .. I want to know what is behind it !!
You are not clear on the concept of supply and demand. In particular, demand does not affect supply. They are independent. The general answer to your question is that the price drops when the supply increases or the demand decreases, and it rises when the supply decreases or the demand increases. Read this: https://www.investopedia.com/university/economics/economics3.aspIt should be noted that factors affecting the supply and demand for bitcoins are different from other products. Unlike other products, bitcoins are not consumed and the supply does not depend on the cost of production. |
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Ezenwanyi1
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January 11, 2019, 09:24:28 AM |
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It's true that the demand and supply factor has a way of determining the price of a commodity to a large extent.
But in the case of bitcoin, I think reverse is the case as the supply or demand of bitcoin has less power to determine it's price per time.
I have come to realize that in most cases when the price of bitcoin tanks, it could be due to fomo, people spreading unfounded rumours and fake news.
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Baofeng
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January 11, 2019, 09:58:14 AM |
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Did you know that the market is base on speculation? It means that a positive news will push the price while a negative and complete FUD will cause the price to go South. That's the most basic thing than can influence the market so you keep that in mind as well.
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benres
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January 11, 2019, 10:07:54 AM |
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The bitcoin price drop affect everybody but in technical analysis by many cryptocurrency experts have the answer to this. Most of them say that this is part of the bitcoin value cycle that give answer on how much will be the next all time high. Many experts predicts by many mathematical estimation that a bitcoin will soon reach the hundreds of thousand dollars in the comning couple of years or the next decade. So we must be patient and keep on looking the bitcoin cycle will be for the entire cryptocurrency industry.
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Nnedaddy1
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January 11, 2019, 10:32:03 AM |
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I agree with the other commentators that was of the opinion that the bitcoin price is never determined by the forces of demand and supply .
There are so many things that determines price of bitcoin in cryptocurrency space and I want to agree that the forces of demand and supply is not one of it.
The market is highly volatile and that's makes price to be unstable.
Also the market is a speculative one driven by news as the case may be.
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Slow death
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January 11, 2019, 10:42:34 AM |
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few people are buying bitcoin and many people are selling bitcoin ... you should think: why would many people buy bitcoin now? What would these people gain? This is the main point. In 2017, people bought a lot of bitcoins because they thought that with the launch of Futures, many institutional investors would enter and the price of bitcoin would reach the moon. for this reason people had no problem buying when the price was $ 14000 or $ 18000. But then people realized that with Futures nothing changed, so these people started selling their currencies. People today are more cautious, they will not buy too many bitcoins unless they know they have great news that can create big price increases.
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mahilchii
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January 11, 2019, 12:03:04 PM |
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Did you know that the market is base on speculation? It means that a positive news will push the price while a negative and complete FUD will cause the price to go South. That's the most basic thing than can influence the market so you keep that in mind as well.
Agree the price is based on speculation but there was not any news regarding the price drop. FUD's will always be there in this forum they are not making it down. The thing is the big fishes who are planning to make it down. |
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superstarbtc
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January 11, 2019, 01:09:05 PM |
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the whole of last year the bitcoin price dropped only reason is Etf news and uncertainty in mining and hard fork in bitcoin core all these factors made btc price drop
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KingScorpio
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January 11, 2019, 01:16:11 PM |
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whale market manipulations
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dewildance
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January 11, 2019, 01:17:37 PM |
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Bitcoin and other crypto coins are too responsive to bad news. And I think a few news from China have affected the market badly.
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KingScorpio
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January 11, 2019, 02:06:48 PM |
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The bitcoin price might be dropping because of some whales taking profit. They are Mafia clique bent on wreaking havoc in the market. If you don't believe this that some Mafia billionaire cliques are ripping off on bitcoin. How do explain a sudden market add up of over $10-15b and losses same in quick succession? Things are happening here.
thats corret, its all about information war, when it comes to cryptocurrencies. |
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nutildah
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January 11, 2019, 03:13:14 PM |
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What is make bitcoin price drop !
when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already been mine and all crypto currency depend on bitcoin so the demand ratio of bitcoin is really high still bitcoin keeps dropping
.. I want to know what is behind it !!
Lauda pissed me off, so I am selling all of my bitcoins to destroy the crypto world forever, So it's lauda's fault. : https://bitcointalk.org/index.php?action=profile;u=101872 I might be kidding, I might not!I don't think you're kidding. I think you really are insane. Probably from losing all your money by investing in Bcash. Its disturbing how personal you are taking the initial red trust you got. Your actions earned you 3 more negative trusts... I really don't understand what you're still doing here. I mean feel free to carry on. At least its entertaining. |
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GreatBug
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January 11, 2019, 03:20:15 PM |
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I think that as to yesterday's price drops, there is no doubt that some big fish still want to manipulate the cryptocurrency market.
Let's hope that shortly their wallets will be empty, they end dump coins and they will finally start buying.
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Linkkoin
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January 11, 2019, 03:42:02 PM |
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I think that as to yesterday's price drops, there is no doubt that some big fish still want to manipulate the cryptocurrency market.
Let's hope that shortly their wallets will be empty, they end dump coins and they will finally start buying.
With this drop, it would not be unreasonable to say, that they are slowly and patiently buying. First initiating it, and then buying on the bottom. |
Online cryptocurrency exchange - https://linkkoin.com Buy BTC, ETH, XRP, BCH, EOS, LTC, XMR, REP, ETC, ZEC with credit/debit card |
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izanagi narukami
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January 11, 2019, 04:27:30 PM |
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Bitcoin value depend on supply & demand so the value is completely volatile.
You can see the value change in short term so you know that crypto trading is risky activity !
Are you still want to trade ? Are you ready to loss ?
If you want to make huge profit, HOLDin is the key !
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Indamuck
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January 11, 2019, 04:29:23 PM |
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There is not one particular reason for this recent price drop. It can be fake news to spread panic, it can be some whales that decide to flood the market or it could be an exchange trying to clear out the longs. People are majorly overreacting and every time bitcoin drops 10 percent people make these types of threads.
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Zin-Zang
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January 11, 2019, 04:34:53 PM
Last edit: January 11, 2019, 05:10:00 PM by Zin-Zang |
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What is make bitcoin price drop !
when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already been mine and all crypto currency depend on bitcoin so the demand ratio of bitcoin is really high still bitcoin keeps dropping
.. I want to know what is behind it !!
Lauda pissed me off, so I am selling all of my bitcoins to destroy the crypto world forever, So it's lauda's fault. : https://bitcointalk.org/index.php?action=profile;u=101872 I might be kidding, I might not! I think you really are insane. I am much calmer now, destroying the entire crypto-universe to punish lauda , is quite therapeutic, See you at Bitcoin < $500   FYI:
This entire Bitcoin Circus is a Joke, might as laugh about it, that is before I destroy it completely. |
I was Red Tagged because Lauda Blows Theymos to get back on DT
The rest are just lauda's personal butt monkeys=> Hhampuz , Vod, TMAN , achow101
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Snyderfx2
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January 11, 2019, 04:37:30 PM |
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Not just one but there are many reasons BTC price to drop and this is a common thing for any trading asset in the world and even in the stock market but according to my understanding for bitcoin reasons like restrictions from governments and lack of positive support from media made a huge impact than any other problem to reduce the demand of BTC among investors and traders but I hope this situation will change in the future
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KingScorpio
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January 11, 2019, 04:39:02 PM |
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What is make bitcoin price drop !
when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already been mine and all crypto currency depend on bitcoin so the demand ratio of bitcoin is really high still bitcoin keeps dropping
.. I want to know what is behind it !!
Lauda pissed me off, so I am selling all of my bitcoins to destroy the crypto world forever, So it's lauda's fault. : https://bitcointalk.org/index.php?action=profile;u=101872 I might be kidding, I might not! I think you really are insane. Probably from losing all your money by investing in Bcash. Its disturbing how personal you are taking the initial red trust you got. Your actions earned you 3 more negative trusts... I really don't understand what you're still doing here. I mean feel free to carry on. At least its entertaining. I am much calmer now, destroying the entire crypto-universe to punish lauda , is quite therapeutic, See you at Bitcoin < $500 500$ bitcoin would be a true achievement, as it would help a lot of poor people to easier earn one of those crappy bitcoin |
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pundit
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January 11, 2019, 04:39:16 PM |
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What is make bitcoin price drop !
when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already been mine and all crypto currency depend on bitcoin so the demand ratio of bitcoin is really high still bitcoin keeps dropping .. I want to know what is behind it !!
I think the main reason behind price drop of Bitcoin is it is not widely accepted yet, many govts have not legalize Bitcoin, regulation issues are lingering thats why most of the investors have already booked their profit and are not investing till there is a good news about Bitcoin. Technically every market is has big drop sometime and same is the case with crypto, big whales might be accumulating Bitcoin for selling at high price in future and that may the reason for price drop of Bitcoin. |
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Zin-Zang
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January 11, 2019, 04:45:27 PM
Last edit: January 11, 2019, 05:10:45 PM by Zin-Zang |
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What is make bitcoin price drop !
when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already been mine and all crypto currency depend on bitcoin so the demand ratio of bitcoin is really high still bitcoin keeps dropping
.. I want to know what is behind it !!
Lauda pissed me off, so I am selling all of my bitcoins to destroy the crypto world forever, So it's lauda's fault. : https://bitcointalk.org/index.php?action=profile;u=101872 I might be kidding, I might not! I think you really are insane. I am much calmer now, destroying the entire crypto-universe to punish lauda , is quite therapeutic, See you at Bitcoin < $500 500$ bitcoin would be a true achievement, as it would help a lot of poor people to easier earn one of those crappy bitcoin Odds are all of the miners are shut off by then or not soon after. No the death of bitcoin , is all that really matters.  |
I was Red Tagged because Lauda Blows Theymos to get back on DT
The rest are just lauda's personal butt monkeys=> Hhampuz , Vod, TMAN , achow101
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YuKiang
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January 11, 2019, 05:03:51 PM |
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I think it’s not unimportant that last year the price of bitcoin was greatly inflated by the bots on the stock exchanges trading with themselves.
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Vness10
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January 11, 2019, 11:56:53 PM |
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Theres so many reason why bitcoin drops like fud news, panic selling when they see bitcoin drops and many more. I think we need to study about bitcoin and what is bitcoin so we have more idea how to manage what we in bitcoin. Don't stop to study and learn about bitcoin and crypto because it will help us to make a good profit in the future.
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iqlimasyadiqa
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January 12, 2019, 02:53:30 AM |
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What is make bitcoin price drop !
when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already been mine and all crypto currency depend on bitcoin so the demand ratio of bitcoin is really high still bitcoin keeps dropping .. I want to know what is behind it !!
yes, basically, when more and more bitcoin is needed, the price will continue to increase, this is called a demand factor. the opposite is true when bitcoin is avoided, the price can decrease. when people's trust has decreased then it will also automatically make the price of bitcoin decline. so give confidence in bitcoin and other digital currencies. support from all of us will determine how the achievements of bitcoin in the future. |
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Ararbermas
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January 12, 2019, 04:55:30 AM |
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It's because of some greedy holders im my opinion except whales, which they are always gaining quick profits just to avoid risky situation. that's the common reason why the prices in the market always fluctuate and become so volatile nowadays.
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suzanne5223
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January 13, 2019, 07:50:14 PM |
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whale market manipulations
Yes, whales market manipulation might be involved as must people believed but the market is yet to be stable or gain the right market demanding which could strength the market and literally bring bullish market. However, you ought not to expect much from the market by now until every thing is completely settle down. |
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bitcointlkacc
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January 13, 2019, 08:59:23 PM |
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whale market manipulations
Yes, whales market manipulation might be involved as must people believed but the market is yet to be stable or gain the right market demanding which could strength the market and literally bring bullish market. However, you ought not to expect much from the market by now until every thing is completely settle down. Agree, whales sell a large amount of coins quickly, to make panic and buy at a lower level cheaper, from scared, inexperienced investors. |
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Desscount
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January 14, 2019, 01:34:34 PM |
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What is make bitcoin price drop !
when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already been mine and all crypto currency depend on bitcoin so the demand ratio of bitcoin is really high still bitcoin keeps dropping .. I want to know what is behind it !!
I'm not sure why the price of bitcoin tends to decline rather than grow this year, but it is certainly the main cause because the market is very volatile for now. Prolonged corrections make many traders and investors prefer to be quiet. and some experts predict the market will take a long time to return to normal and grow. |
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magneto
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January 16, 2019, 08:14:36 AM |
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What is make bitcoin price drop !
when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already been mine and all crypto currency depend on bitcoin so the demand ratio of bitcoin is really high still bitcoin keeps dropping .. I want to know what is behind it !!
What you are talking about is really what happens in the much longer term. Demand for bitcoin fluctuates in the short run quite wildly, due to factors such as market sentiment, what's in the news, and just speculation. Even though the supply side of the equation remains stable due to the fact that bitcoin's supply is hard coded into the network and can't be manipulated by any central entity (wihich is exactly what makes bitcoin valuable in the first place), the demand side is by no means stable. You may also say that bitcoin adoption is pretty much unchanged in the short term, and adoption is probably the best measure for demand. Well yes, but again, in the long term. In the short term, the markets are highly irrational. Panic dumps in this bear market that comes out of nothing is common. And it's not just bitcoin, it's pretty much any free trading market. |
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Herbert2020
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January 16, 2019, 08:29:45 AM |
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price of everything is determined based on supply and demand but determining the resulting price is nowhere near as simple as you think it is. there are a lot of other factors that come into play not to mention that the price is being determined in a place called "exchange" like Coinbase, Bitstamp, Kraken, Bitfines. and these places are pretty small, meaning the order books consist of small number of bids and asks which makes it susceptible to manipulation by anyone with a large amount of money and also susceptible to big swings in case of a surge of buys or sells. the result is a price that sometimes swings wildly and goes above or goes below the intrinsic value of it.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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BlackPanda
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January 16, 2019, 08:57:31 AM |
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What is make bitcoin price drop !
when supply of a product goes up, the Price of a product goes down. Too much of a demand for the product will cause the supply to diminish. As a result, prices will rise. the product will then become too expensive . 90% of bitcoin blocks reward has already been mine and all crypto currency depend on bitcoin so the demand ratio of bitcoin is really high still bitcoin keeps dropping .. I want to know what is behind it !!
Community concerns are the main factor at this time. This is because when more people sell Bitcoin the price will continue to decline. When more people need Bitcoin, the price will slowly increase. Things like this are named as a factor in demand, this is a normal thing that characterizes Bitcoin as a commodity that is highly influenced by market conditions and situations. |
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Peashooter
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January 16, 2019, 11:02:31 AM |
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whale market manipulations
This kind of manipulation can really affect the price of bitcoin to down. There are many whales in market that can easily manipulate the price but I think most of whales want to have low price so they can still buy more tokens. |
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odolvlobo
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January 16, 2019, 11:00:02 PM |
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... I think most of whales want to have low price so they can still buy more tokens.
That makes absolutely no sense. Think about it. If a whale has a ton of coins, they want the price to go higher, not lower. For example, let's say you are a whale with 100,000 BTC, currently worth about $350 million. Would you drive the value of your coins down by 20%, or $70 million, just so you can save $7 million when you buy another 10000 coins? Lose $70 million, but save $7 million -- sounds like a great plan. |
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1Referee
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January 16, 2019, 11:45:34 PM |
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That makes absolutely no sense. Think about it. If a whale has a ton of coins, they want the price to go higher, not lower.
For example, let's say you are a whale with 100,000 BTC, currently worth about $350 million. Would you drive the value of your coins down by 20%, or $70 million, just so you can save $7 million when you buy another 10000 coins? Lose $70 million, but save $7 million -- sounds like a great plan.
People don't understand that there is more in this market than whales trying to manipulate the price to buy lower. I am sure that whales have done enough to support the price at certain levels to maintain their portfolio value, but it just wasn't enough with how severe the selling pressure was. Imagine if they didn't provide that buy support, we might have tanked way harder than what most people can imagine right now. A lot of selling pressure came from ICO's, and what people seem to ignore, Bitcoin miners themselves. They have to sell more coins in advance in order to make sure that they have enough liquid funds to be able to pay their bills in the forthcoming months. |
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