Quote from: dunfida on August 14, 2016, 10:31:07 AM

Quote from: pooya87 on August 14, 2016, 03:08:03 AM

Quote from: anthonydar on August 13, 2016, 06:28:27 PM

Quote from: Doamader on August 12, 2016, 11:33:05 PM

Bitcoin is recovering from bitfinex issue, and those should end on this month, and the current price for sure is the whales forcing it to keep lower soo they can make easy income. Bitcoin will and must readjust its value till end the year.

That could be right. I think the price is kept low so that the whales can accumulate more bitcoin at present.

that is right, the price was kept low with all the big sell walls that whales put up back when it was rising, you could see it at big exchanges at the time. and now everybody seem to be happy about this price because they can buy at a low price and accumulate more.

These things is expected to be happen, some may panic selling there coins because they see the bitcoins price drop drastically but for sure whales would put up back as you said. Moslt of the bitcoin earners or investors would see this pricedrop as an opportunity to buy more.

People who don't have patience will start selling their coins when they see price dropping as they have feeling that it may go even lower in coming days.