What is the reason for all of a sudden price dropping???

[5 Guys Burgers]

Hello!!!!!

What is going on here over this weekend? I made this username not too long ago and found bitcoin. Now price is going down a lot within few days? Did I miss some news?

Please discuss thank you.

[1715362219]

1715362219

[1715362219]

1715362219

[Sunderland]

better search first in this forum before making new threads.
lot of guys already talk about this.
i know btc price is down for now, but its not the end of the earth ...... btc still can up again.

lot of reason why btc is down for this time , you can read all in economic section.

[ErnieX]

Try this: https://bitcointalk.org/index.php?board=57.0
(Economics > Speculation)

[Moonpig]

Nobody can say it's all just speculation. I guess lots of people are just selling and people are taking advantage of the cheap price.

[JimClone]

Bitcoin is dead sell while you can ! 

[botany]

The U.S. Consumer Financial Protection Bureau issued an advisory on bitcoin, which led to some weakness last week. That seems to have been a trigger. After that, it has been downhill all the way.

[5 Guys Burgers]

Bitcoin is dead sell while you can ! 

why do you lie! btc not dead it will live on!

[Lieji]

Market price is determined by demand and supply, and the price drop happens simply because we have a lot of sell orders now.
We can't be sure where the sell orders come from. They could be from some big whales manipulating the market, or panic-sellers, or someone with insider information or blah blah blah.

[Nikolai]

Look at the price history, it's nothing new, it's always been volatile and subject to the whims of the whales. This will change as more capital comes in but swings are to be expected.

Soon, capitulation, blood in the streets, then the next bubble. Should be fun.

[dkblueman]

It happens, it has happened before and it will happen again. Luckily it works the other way too

[botany]

Look at the price history, it's nothing new, it's always been volatile and subject to the whims of the whales. This will change as more capital comes in but swings are to be expected.

Soon, capitulation, blood in the streets, then the next bubble. Should be fun.

It has been 9 months since the last bubble... Too long. 

[jjc326]

The market cap of Bitcoin is so small tha tone person can literally decide to dump (or buy) and control the price, temporarily.  So it's no surprise it can go up or down fast.  If there's no reason you can either assume it's just someone wanting to manipulate the price or sell their coin for fiat, or there's always the chance they know something you don't...

[Mobius7]

Look at the price history, it's nothing new, it's always been volatile and subject to the whims of the whales. This will change as more capital comes in but swings are to be expected.

Soon, capitulation, blood in the streets, then the next bubble. Should be fun.

It has been 9 months since the last bubble... Too long. 

It is the calm before a storm bubble lol.
And now bitcoin price has increased back up to $490.

[Equus]

Bitcoin will go down until the day after you lose all hope.   Then it will go up until you forget that it ever went down.  Then it will immediately go down again until just after you lose all hope.


The best advice is to buy is much as you are comfortable losing and convince yourself that it is already lost.   

[alwinlinzee]

The U.S. Consumer Financial Protection Bureau issued an advisory on bitcoin, which led to some weakness last week. That seems to have been a trigger. After that, it has been downhill all the way.

I believe the U.S. Consumer Financial Protection Bureau's release on Bitcoin had no significant impact on the price drop because prior to that issuance the price was already heading downstream so its just due to people with holding their btc's with the intention of a possible rise in future for higher profits..

[BigMac]

Bitcoin will go down until the day after you lose all hope.   Then it will go up until you forget that it ever went down.  Then it will immediately go down again until just after you lose all hope.

Hey, looks like you are a fan of Warren Buffett's "Be fearful when others are greedy and greedy when others are fearful" strategy.

[Talukdar001]

I have found that it was up and down, up and down. Not always down.

[futureazy]

I have read on the forum that the recent drop was caused by the coins sold by Ethereum devs.

[nicepumper]

Weak ass hands being weak ass hands. Theres NOTHING new under the sun.

[RodeoX]

The news you may have missed is that bitcoin is a true free market. That means it drops and rises dramatically and suddenly. It regularly looses %60 of it's value, or it may triple in value in a month. 

[thecast]

Its just market noise, overall price is always up.

[hannscryo]

Don't be afraid of these short term price jumps/drops, bitcoin will be worth much more every year that pass.

[Damnyo]

It's just market noise, overall the price has gone up only.

[Lamigo]

The bitcoin price is now stabilized at the $500 region, and we are now back to the boring horizontal price movement lol.

[maurya78]

Merchants accepting coins and tuning it into fiat
And lower mining profitability resulting in miners having to constantly sell mined coin to. Pay bills

[gelar24]

Don't be afraid of these short term price jumps/drops, bitcoin will be worth much more every year that pass.

yes actually stay relaxed when prices fell as much selling and that's where we take advantage to buy cheap price. and bitcoin prices will go up every year, like previous years

[Brewins]

Don't be afraid of these short term price jumps/drops, bitcoin will be worth much more every year that pass.

yes actually stay relaxed when prices fell as much selling and that's where we take advantage to buy cheap price. and bitcoin prices will go up every year, like previous years

I won't see price breaking the 1100 again this year. Maybe at the 1000's again, but I doubt. This year is different, the first time we had a Gox event and such.

Too much people with the hope we get 10x higher price every year, i'm afraid what can happens if doesn't happen this year.