Bitcoin Forum
June 18, 2018, 08:08:23 PM *
News: Latest stable version of Bitcoin Core: 0.16.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  
Pages: « 1 [2]  All
  Print  
Author Topic: How Come Bitcoin Dropped?  (Read 2367 times)
SirChiko
Legendary
*
Offline Offline

Activity: 980
Merit: 1000



View Profile
January 19, 2015, 01:31:25 PM
 #21

More sellers than buyers...it's as simple as that.
and also there are a lot of dumpers who sell a lot of coins at a small amount of time
I don't get the people that dump big ammounts of coins at once, if they would do it over longer period of time they would not only get more money out of it but it wouldn't fuck the market like now also.

The only online casino on which i won something. I made 17mBTC from 1mBTC in like 15 minutes.  This is not paid AD!

▀Check it out yourself▀
1529352503
Hero Member
*
Offline Offline

Posts: 1529352503

View Profile Personal Message (Offline)

Ignore
1529352503
Reply with quote  #2

1529352503
Report to moderator
1529352503
Hero Member
*
Offline Offline

Posts: 1529352503

View Profile Personal Message (Offline)

Ignore
1529352503
Reply with quote  #2

1529352503
Report to moderator
There are several different types of Bitcoin clients. Header-only clients like MultiBit trust that the majority of mining power is honest for the purposes of enforcing network rules such as the 21 million BTC limit. Full clients do not trust miners in this way.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1529352503
Hero Member
*
Offline Offline

Posts: 1529352503

View Profile Personal Message (Offline)

Ignore
1529352503
Reply with quote  #2

1529352503
Report to moderator
1529352503
Hero Member
*
Offline Offline

Posts: 1529352503

View Profile Personal Message (Offline)

Ignore
1529352503
Reply with quote  #2

1529352503
Report to moderator
nwfella
Legendary
*
Offline Offline

Activity: 1442
Merit: 1000


btc tips: 1NPQP9Z4Ju6rTnH4uR6986kGVnEkpyYFJZ


View Profile
January 19, 2015, 05:49:58 PM
 #22

People that have essentially stolen the coins they hold from others via Cloud Mining scams, HYIP, ponzi schemes and outright hack's could give two s!@# about BTC price, thus, far more selling than buying going on.

LTC: LcTpDxXjVKkjbSHqPkhDVGaqauiD81snhD
ZEC: t1Jd1615qcMq1FQeXPdm1zvjVvnEMAamLNC
ETC: 0xea55ce08f8558c87dc85d4f3c3ebdf2afebbbe32
noma
Full Member
***
Offline Offline

Activity: 182
Merit: 100


View Profile
January 19, 2015, 07:22:33 PM
 #23

I thought Bitcoin it's about $360++ based on Preev Rates previously and how come it's $195.90 now?

I would say panic. If you have a house worth a million and price start falling and its 800K and still expected to drop, then you would sell too.

▓▓▓▓    New Real-time Cryptocurrency Exchange             → CREATE  ACCOUNT ▓▓▓▓
▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅  BIT-X.com  ▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅▅
▓▓▓▓    Supported Currencies: BTC, LTC, USD, EUR, GBP → OFFICIAL THREAD ▓▓▓▓
Biitcoin
Sr. Member
****
Offline Offline

Activity: 355
Merit: 250


Zichain


View Profile WWW
January 19, 2015, 07:29:51 PM
 #24

I thought Bitcoin it's about $360++ based on Preev Rates previously and how come it's $195.90 now?


I guess that getting Bitsmap hacked played a big part on the crash of the price . so yeah ...

biodieselchris
Hero Member
*****
Offline Offline

Activity: 572
Merit: 500


CoinQuacker


View Profile WWW
January 19, 2015, 07:35:01 PM
 #25

Bitffinex alone shows a big red 3-day bar of >500k bitcoins starting Jan 13th. Somebody big is selling. Until they stop and then renewed interest in bitcoin begins anew it'll keep falling.

Nordark
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
January 19, 2015, 07:55:45 PM
 #26

This might have contributed also https://www.cryptocoinsnews.com/bitcoin-ponzi-cryptodouble-disappears-least-2233-bitcoins/
KennyTheMartian
Member
**
Offline Offline

Activity: 69
Merit: 10


View Profile
January 19, 2015, 09:42:38 PM
 #27

Just a bunch of negatives happening around the same time which led me to believe it had an impact on the BTC price.
Negatives : Bitstamp hack, CEX stopping mining, possibly Russia situation and probably MMs.

[XMR] Monero
supermine
Hero Member
*****
Offline Offline

Activity: 630
Merit: 516



View Profile
January 19, 2015, 11:28:56 PM
 #28

Due to falling prices, it rises more expectation is also valid assesorator. Even if prices have been bought higher, when lower equitiy was on sale because of dollar divergencies now the prices fluctuate not as much as they did back then. I would say my bets are on a prices higher thean rising at a low rate - thus hold and sell until we go to and drop from to the moon again, then sell. BOOM BUST BABY 4EVA!!! (watch my tube - "all that stolen wallet-to-da-moon-mind-thebear-u-troll-edit")

specgamer
Sr. Member
****
Offline Offline

Activity: 252
Merit: 250

I love bitcoins.


View Profile
March 08, 2015, 02:58:23 AM
 #29

A lower price for bitcoin is better for us investors. Just buy as much as you can, and HOLD.....
Wait to be rich when the price go up.  Wink

█████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
▓▓▓▓▓  BIT-X.comvvvvvvvvvvvvvvi
→ CREATE ACCOUNT 
▓▓▓▓▓
█████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████████
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!