<p>Look at the humanistic aspects of trading </p>

<p>People are cashing out for christmas...also around Jan 14 as the bills arive you will see the price go down as people cash out (Low Demand)</p>

<p>Mid Jan is great time to buy for a lot of Gold standard currency stocks like BTC</p>

<p>IMHO</p>

CC BY-SA 3.0
2012-12-19T03:16:37.197Z
2012-12-19T03:16:37.197Z
BitCoin New Guy
<p>Price changes because the relationship between supply and demand is altered. This might take place because of organic or productive demand, or by speculation. Think twice before blaming those damn malignant speculators: they are extremely neccessary. Speculators operate over time or space to smooth out supply sortages or price peaks. Speculators make possible things to reach fair value faster. The answer is at simple as it gets: the bitcoin was overpriced a few days ago.</p>

CC BY-SA 3.0
2012-10-31T09:20:54.323Z
2012-10-31T09:20:54.323Z
flaab
<p>All you'll ever get is speculation. Nobody knows why prices change.</p>

<p>It's just like when you listen to the news and they tell you that stocks dropped because of "profit taking". Clearly, people were selling if stock prices dropped. But nobody really knows if people were taking profits, cutting losses, or something else entirely.</p>

<p>These are emergent behaviors of complex systems and only in rare cases can you explain price movements. The most popular theory I've heard is that at least one significant factor is <a href="https://bitcointalk.org/index.php?topic=120706.0">BitInstant downtime</a>.</p>

CC BY-SA 3.0
2012-10-27T07:37:15.597Z
2012-10-27T07:37:15.597Z
David Schwartz
<p>Does anyone have any solid ideas or knowledge on why the price has dropped so much over the past few days? There is a lot of speculation, but nothing I have read to date seems to adequately explain the recent drop. </p>

<p>The drop is illustrated here, and shows a decrease in price of roughly 14% over the two days:
<img src="https://i.sstatic.net/8CDWW.jpg" alt="enter image description here"></p>

CC BY-SA 3.0
2012-10-27T09:57:58.653Z
Questions like this pop up once in a while and it's not really a good fit for StackExchange since it is almost just about speculation. I think that this one should be closed.
D.H.
CC BY-SA 3.0
2013-11-06T09:18:16.160Z
Hm, the question might be speculative, but isnt finding a possibly objective answer a nice challenge? So a good answer will be very, very valuable.
Kozuch
<exchanges><mtgox><exchange-rate>
Bitcoin price drop in the past few days (25/10/12 to 27/10/12)
Bit Innovate
# Bitcoin price drop in the past few days (25/10/12 to 27/10/12)

(Asked by: username_0 on 2012-10-27)

Does anyone have any solid ideas or knowledge on why the price has dropped so much over the past few days? There is a lot of speculation, but nothing I have read to date seems to adequately explain the recent drop.

The drop is illustrated here, and shows a decrease in price of roughly 14% over the two days:
![enter image description here](https://i.sstatic.net/8CDWW.jpg)

**Tags:** exchanges, mtgox, exchange-rate

> **Comments:**
> **username_1**: Questions like this pop up once in a while and it's not really a good fit for StackExchange since it is almost just about speculation. I think that this one should be closed.  
> **username_2**: Hm, the question might be speculative, but isnt finding a possibly objective answer a nice challenge? So a good answer will be very, very valuable.  

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## 3 answers

### Answer by username_5 on 2012-10-27. Score: 8 | Accepted answer

All you'll ever get is speculation. Nobody knows why prices change.

It's just like when you listen to the news and they tell you that stocks dropped because of "profit taking". Clearly, people were selling if stock prices dropped. But nobody really knows if people were taking profits, cutting losses, or something else entirely.

These are emergent behaviors of complex systems and only in rare cases can you explain price movements. The most popular theory I've heard is that at least one significant factor is [BitInstant downtime](https://bitcointalk.org/index.php?topic=120706.0).


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### Answer by username_3 on 2012-12-19. Score: 1

Look at the humanistic aspects of trading

People are cashing out for christmas...also around Jan 14 as the bills arive you will see the price go down as people cash out (Low Demand)

Mid Jan is great time to buy for a lot of Gold standard currency stocks like BTC

IMHO


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### Answer by username_4 on 2012-10-31. Score: 0

Price changes because the relationship between supply and demand is altered. This might take place because of organic or productive demand, or by speculation. Think twice before blaming those damn malignant speculators: they are extremely neccessary. Speculators operate over time or space to smooth out supply sortages or price peaks. Speculators make possible things to reach fair value faster. The answer is at simple as it gets: the username_3 was overpriced a few days ago.


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