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xbit.in (OP)
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September 19, 2014, 09:14:21 AM |
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What is the reason for bitcoin price fall this month?
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Bejkn
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September 19, 2014, 09:34:16 AM |
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Just one week the price has fallen $60, perhaps this herald a great opportunity the arrival?
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Buffer Overflow
Legendary
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Activity: 1652
Merit: 1015
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September 19, 2014, 12:43:40 PM |
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What is the reason for bitcoin price fall this month?
Overpriced. |
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area3121
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September 19, 2014, 12:51:19 PM |
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Because a few cultists are buying a couple of satoshis. The rest of the Bitcoin world is selling BTC in massive quantities.
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bitkilo
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Activity: 1638
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https://www.bitcoin.com/
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September 19, 2014, 12:52:24 PM |
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Just another stupid thread asking 'why is the price of bitcoin falling' nobody could ever answer that.
You could ask for reasons and overpriced is one of them but there could be many more.
You have to do your own research
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Not a paid signature, just added to promote Bitcoin.com  |
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Grinder
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Activity: 1284
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September 19, 2014, 12:56:50 PM |
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The price will never be stable. The reason why most people buy bitcoins is that they think the price will continue to go up. When it stops doing that for a while they think it will go down, so they sell. After a while most people who wanted to sell will have sold, and then there will be a new bubble. Unfortunately that can take months or even years, and in the mean time the price can fall a lot more.
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Sevvero
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September 19, 2014, 12:58:35 PM |
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The price will never be stable. The reason why most people buy bitcoins is that they think the price will continue to go up. When it stops doing that for a while they think it will go down, so they sell. After a while most people who wanted to sell will have sold, and then there will be a new bubble. Unfortunately that can take months or even years, and in the mean time the price can fall a lot more.
Nobody will be buying back after this. |
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Anders
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September 19, 2014, 01:01:48 PM |
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Oh no! $389.51 on coinmarketcap. That makes my prediction fail. I predicted that the bitcoin price wouldn't go much below $500, and now the price is below $400 which I had as a limit for my prediction.  |
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institutionaltrader
Newbie
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Activity: 26
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September 19, 2014, 01:01:53 PM |
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Insiders know something you don't.
Small tip: it has to do with the bitcoin protocol.
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Febo
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September 19, 2014, 01:10:31 PM |
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We should all sell last week and buy now  |
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xbit.in (OP)
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September 19, 2014, 02:05:12 PM |
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Insiders know something you don't.
Small tip: it has to do with the bitcoin protocol.
It's true. Maybe some game is going inside. |
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nuff
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September 19, 2014, 02:27:57 PM |
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Insiders know something you don't.
Small tip: it has to do with the bitcoin protocol.
Haha, you just showed you know nothing about bitcoin and are a troll |
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xbit.in (OP)
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September 20, 2014, 09:02:41 AM |
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Insiders know something you don't.
Small tip: it has to do with the bitcoin protocol.
Haha, you just showed you know nothing about bitcoin and are a troll Not with bitcoin protocol but were trading is done like stock exchange or commodity exchange feature, there is always a game plan for price fall. |
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jjacob
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Activity: 1554
Merit: 1026
★Nitrogensports.eu★
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September 20, 2014, 11:04:00 AM |
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Insiders know something you don't.
Small tip: it has to do with the bitcoin protocol.
Haha, you just showed you know nothing about bitcoin and are a troll Not with bitcoin protocol but were trading is done like stock exchange or commodity exchange feature, there is always a game plan for price fall. Day traders must have made some money with all this volatility. |
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dougg
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September 20, 2014, 11:06:35 AM |
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Since people are selling more than they are buying. Millionth thread same bear and bull(shit)... simple answer is noone can predict the price and the price moves very unusually.
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Eastwind
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September 20, 2014, 11:07:41 AM |
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September/October is usually not good for investment.
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Pala_00
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September 20, 2014, 11:08:37 AM |
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Amph
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Activity: 3206
Merit: 1069
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September 20, 2014, 12:26:10 PM |
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The price will never be stable. The reason why most people buy bitcoins is that they think the price will continue to go up. When it stops doing that for a while they think it will go down, so they sell. After a while most people who wanted to sell will have sold, and then there will be a new bubble. Unfortunately that can take months or even years, and in the mean time the price can fall a lot more.
Nobody will be buying back after this. sure, tell me more about your crystal ball |
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exocytosis
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September 20, 2014, 12:32:47 PM |
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Increased merchant adoption creates a lot of sell pressure, which pushes down the price.
The reason BTC price used to rise in the first place (in 2013 and previous years), was Mt.Gox manipulation, such as Willybot.
What we're seeing today is a small dead cat bounce, not a trend reversal. 350 will be broken soon.
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