Post
Topic
Board Speculation
Re: Look Bitcoin is going Down?
by
Daniel91
on 21/05/2016, 13:06:55 UTC
Within 2 months Bitcoin is going up very fast, but in this month bitcoin price has been stopped and now Bitcoin's price is going down...IN this time, bitcoin is $446 and before week Bitcoin was $471.
WHY?
You know after one and half month ago HALVING is coming.
But i think that it is not suitable price of BITCOIN.
What do you think about it.

You have to understand something here.
Bitcoin is in the market so its price depends on supply and demand, like in every other market in the world.
So, if more people buying, price is going up.
If more people selling, price is going down.
There is no mystery here but also no reason for panic.
It's normal situation and it's happening all the time.
Now, price is going down, in a several weeks will go again up and so on.
I suggest you not to look BTC price to often, and worry to much about it, but to concentrate on collecting as much Bitcoin as you can get Smiley