Quote from: Pixyoxx on January 02, 2018, 04:05:45 AM

Quote from: btcpara on December 30, 2017, 05:34:35 PM

Why Bitcoin is dropping ? who can explain me ?

and when stop ? any idea?

I think this drop is due to the recent huge selling done with bitcoins. Holidays have just past, and that was the time when people might have thought to encash or spend their bitcoin holdings. And when there is a greater number of sellings of bitcoin i.e. more availability of bitcoin in the market, its value decreases. Also the prices went really high which made speculative sellers sell off their holdings.
Also, because the sellings were made by individuals and not some giant company, the fall in price is not very huge but marginal. Its kind of stable at a certain point.
With start of new year, hopefully new users will join bitcoins, may be investers may come in, and old holders shall try to regain their hold which will again create a virtual scarcity of bitcoins in the market and in result the prices will spike up. Sooner or later, the prices are again going to grow and probably stabalise for a good while.

Yeah,the holidays are the reason for recent price fall with bitcoin,but it will be stable in the coming days.The price dump and bump always happen with bitcoin but the price will surely recover from the dumps soon.SO it is better to buy some coins because I hope the price will start to rise in the coming days.