What is causin Bitcoin loosing value this time?

[Hunger]

Last time when i saw bitcoin 380 it was related to china rumour banning bitcoin or something.
any similar this time?

[asdlolciterquit]

Last time when i saw bitcoin 380 it was related to china rumour banning bitcoin or something.
any similar this time?

good question! any help?

[johncarpe64]

I think due to more people cashing out. Now we have more ways to spend BTC

[ellen_me]

BTC is now  $375.53. Might be true that more are cashing out. Also guessing that more are switching to other coins that are quite more profitable than BTC.

[TheButterZone]

People creating 600 trillion new topics each time it crashes.

[sandykho47]

It's simple 
Becuase there are more people sell bitcoin than people buy bitcoin

If you want the price raise up, just buy a lot of bitcoin

I think due to more people cashing out. Now we have more ways to spend BTC

I think this temporany
The price soon will recovered to $400 again 

[bitcoinbelieve]

It's simple 
Becuase there are more people sell bitcoin than people buy bitcoin

If you want the price raise up, just buy a lot of bitcoin

I think due to more people cashing out. Now we have more ways to spend BTC

I think this temporany
The price soon will recovered to $400 again 

I think the continue slide is mainly caused by the merchants (Direct tv, tiger direct, etc.). When the customer uses bitcoin to buy things from the merchant, they automatically exchange it for fiat thus creating over supply of bitcoin.  At this point, market can't absorb it all and this creates the power to buyer not seller. Buyer will determine the price in which seller force to follow. It is all about supply and demand as sandykho47 said.

[Oscilson]

I think due to more people cashing out. Now we have more ways to spend BTC

If we spend the BTC and do not get paid apart from mining it, the price will drop.

[xmasdobo]

The fact that most people can't afford Bitcoin, so demand stagnates and whales start to sell as they get more and more nervous.

[crocko]

The fact that most people can't afford Bitcoin, so demand stagnates and whales start to sell as they get more and more nervous.

+1 and there are many other people who don't know about the Bitcoin or cryptocurrencies, even in the civilized countries

[Oscilson]

The fact that most people can't afford Bitcoin, so demand stagnates and whales start to sell as they get more and more nervous.

+1 and there are many other people who don't know about the Bitcoin or cryptocurrencies, even in the civilized countries

People can buy 0.1 BTC instesd of 1 BTC.

[RodeoX]

The price is never high or low. It is always the space between what people will pay and what people will sell for.

[kokojie]

You'll find the answer in this thread:

https://bitcointalk.org/index.php?topic=770591.0

[Ayers]

it's a panic selling, and less buyers, nothing else

[Srbotones]

Diversification of servicies around Bitcoin.

Things had change a lot in the last 2 years.
Exchanges are not the only way to "use" bitcoins. Less sellers and less buyers of common people and miners dumping every day to maintain production.

2 years ago exchanges were the only place to use them and exchanges had the majority of the activity of the Bitcoin market, now they dont, they only represents the 10% of the total bitcoins available.

[seattlenonsmoker]

People creating 600 trillion new topics each time it crashes.

HAHAHAHAHA thanks for that reminder. I was going to create a thread... I'll be well more careful in the future.

[Spoetnik]

i think it's *maybe related to BFL getting crushed by the FTC
Those BFL guys prob gave a lot of BTC hidden and are dumping it fast to run for it like Mark did when Gox was hunted.
Gox closed and massive dumping went on..

You think BFL is going to leave their wallets full of bitcoin sitting there for the FTC to seize ?
hell no.. i bet they are dumping like mad LOL

BFL / FTC story at Coindesk guys

and i suggested that because i just don't see a thing at all as to why.. unless there is more going on we don't know about ?
i see no other story at Coindesk that would explain it in my eyes..

[Borisz]

I think the continue slide is mainly caused by the merchants (Direct tv, tiger direct, etc.). When the customer uses bitcoin to buy things from the merchant, they automatically exchange it for fiat thus creating over supply of bitcoin.  At this point, market can't absorb it all and this creates the power to buyer not seller. Buyer will determine the price in which seller force to follow. It is all about supply and demand as sandykho47 said.

I like this explanation, makes sense.

[JessyMatt]

Last time when i saw bitcoin 380 it was related to china rumour banning bitcoin or something.
any similar this time?

Miners selling their bitcoins to invest in Alibaba IPO. My point exactly in the article. http://www.bitcoinvalues.net/alibaba-ipo-responsible-bitcoin-crash.html

[Spoetnik]

i heard about Alibaba's IPO like last year so why effects now then ?
i seen a news story about it all on TV basically.. a LONG time ago !
I don't buy that reasoning but i am very curious but who knows right ?

could just be some random dumping from a random guy for a random reason we will never know.
unless we get a smoking gun we can pin the severe drop in price on..