Bitcoin Forum

Who can explain what happens in the market of cryptocurrency is available? For what reason bitcoin and other major currencies so much go down? there is a logical explanation?

The markets are very sensitive to any sort of news, good or bad.

There are a few stories going around at the moment, the MtGox
trustee who sold $700,000,000 worth of BTC is affecting the
market along with google banning ICO paid ads has an effect
also.

There are traders making advantages from the situation and
the added effect of people panic selling all drives the price down.

Its all short term though.

Stock Markets Group - The bitcoin course on March 14 threw the crypto-exchange exchanges into a panic and rushed towards $ 8,000 without leaving the chances of the Crypto-currency rates staying on the sidelines. Market participants rush to leave Bitcoin before the G-20 meeting and after Google's messages about the ban on advertising ICO.

I do not quite understand and know the current situation, so unstable the market due to past correction, and continues to this day with some rumors and restrictions. this may still be an obstacle in this decline. I am sure, after this passed bitcoin and altcoin will grow back.

In fact, there are already several topics similar to yours. You can search on the forum, where you can get a lot of effective advice.

Let's hope that this whole situation has a short term perspective, and that soon everything will be normal

Probably because google will ban cryptocurrency ads, it make some peopel cant advertise their ICO or their Crypto project again on google. Almost same as facebook ban crypto ads too before.
https://cointelegraph.com/news/google-to-ban-all-crypto-related-ads-starting-june-2018

It seems this rule from Google will come in early June, is not it? then why does this news affect the market so much now?

Because lot of investors don't know what is the rea situation is they will get panic of there is kind of negative news about cryotocurrency and resulting in selling the cryotocurrency to save their investment amount but you need to keep calm these are just rumors they need to research before they are trusting the news fully.

I  believe since January, the confidence in the Cryptocurrency Markets has just gone down and out. Bitcoin recovered a little bit but then it was pushed down again, so leaving no room for optimism anymore. Yes there is still trading of cryptocurrencies and some pump and dumps going on by organized groups who want to take all the profit, but for the Average Joe, the Bitcoin gold rush as it were is well and truly now in the history books, no longer in effect. I might be wrong, but for the present time, I see just the confidence in the markets go down, thus everyone is selling and moving out to Fiat.

Yes, we will remain calm and wait for market growth)

That's one part of the story you've mentioned. When a person or an organization sells so much bitcoins in the open market, it increased the supply in the market while the demand stays same. So it creates a disparity in the demand supply chain and pushing the price down.

The second reason is the google's ban on the crypto currency advertising. Google has declared that they will not advertise any crypto currency related matter in their advertising platform. Now Google is the biggest giant in the advertising market and a major percentage of the crypto currency advertising is done through this platform. That triggered a panic among the market.

Due to this two reasons, the entire crypto currency market is going down to red. However, it also provides a good opportunity to the believers to score more at cheaper price from the market and to thoe who are looking for averaging out the buying price. This is a temporary effect and the market will surely get back on track within few days. So bank on the opportunity.

So far it is falling but it is understandable that it will grow in the near future because it is weekly going on

Millionaires or specifically said, billionaires, have invested a substantial amount of the money when the time was right into the cryptocurrencies.
Most of their portfolio is based on the Bitcoin. When they become more greedy they are starting to make dumps of the certain coins( Bitcoin) which are pulling all the market down.
These billionaires have so much of the crypto in her wallets that they can for sure make changes with their sellings.
In the time of their sells market is drastically changing and all the coins are falling.
When the coins fell to the certain value these same billionaires are starting to reinvest into the coins and in this way they are obtaining even more coins by the lower prices.
After stabilization market is recovering till the next greedy decision made by the billionaires.

MtGox is probably the reason, I read that they are selling larger amounts of bitcoins for some time.
Google will ban paid adds in June, it doesn't explain price drop now and I don't think this should affect price.

Bitcoins and other major cryptocurrencies are going down because of fear of further price reduction by investors and traders. The demand for such major cryptos are also going down partly due to ban in certain economies and partly due to increase in altcoins

Yes, the market speculation I think remains its main problem.

It is normal in the development of revolution, crypto many in bridles everywhere and that is only temporary I think. A few moments ago we got bad news about  binance was hacked and some time not long ago google plans to tire on crypto ads.
This has a devastating impact on the market today, many people are freaking out to sell their bitcoins and we end up experiencing a huge spike again.

Just an opinion, what happens with the successive drop of bitcoin is most likely the big whale investors of bitcoin controlling to manipulate of bitcoin in the market. Another case that may had contributed to the current situation are the FUD and negative media news that is hampering the growth of bitcoin. Therefore, bitcoin holders, stay calm and hold your BTC and just have to wait for the recovery soon as this will make a bull run effect in the coming weeks.

Crypto market reacting so any sort of negative news lately, and day trader taking the opportunity put the price down even further. So i would advice hold, market will recover, as it always does after the fall. be strong, don't look at the price next 3 to 5 days.

Due to some negative news as every one knows negative news spreads like virus and it directly effect on market so just hold for few weeks and hope market will go green with Bitcoin high price.

It is crazy at the moment. After the first big dip in the beginning of this year we experiencing another big dip at the moment. I dont really understand the current situation and trying to learn more about it. The news about google its ad blocking is one major factor for sure.. i hope the situation will improve fast  :-\

Google Banning ICOs and cryptocurrency paid ads made this dip last day, similar dip happened when Facebook banned icos and cryptocurrency ads on its platform. This is just temporary , there is a hell lot of future for cryptos coming up

I think that happens today because the amount of bitcoin stock is very little so the price decreases and if you see other tokens down the bitcoin groove follow the bitcoin up as well as token prices will rise significantly enough so I'm sure at the end of the year will rise again and now many members so just know what the potential if investing

I agree with you . All is just temporary and we can be sure of a bright future for the Cryptocurrency market. I think people are inclined to sell panic and this is really bad because there is a lot of bad news affecting investors and all those involved in this market.

If this situation persist many traders and investors are going to lose a lot of money and i think google is the responsable of this situation because he ban the ads of cryptocurrency

There are many several issues or news that affects this price. Not only bitcoin experience this price also some altcoins. Yes holding bitcoin the most thing that we could do in this bitcoin price.

Why are you sure Google is so important? I do not think so. Google will simply lose money from advertising. There are many other search engines that will not do this. This money for advertising will go there. We should not forget about the existence of our forum. He now has a great importance in the advertising and promotion of all projects related to ICO cryptocurrencies. This site is independent and open to all.

Yesterday there is rumors that MtGox trustee selling their bitcoin on huge amount. If bitcoin price down, other cryptocurrency following bitcoin. I think this is temporary

That's pure volatility and is just normal with most of the cryptos not only with Bitcoin. Just be calm and avoid panic selling. Selling will just contribute to the backdrop and as well, it will just result into loss of profit. Ince the market starts to rise again, profit will then be earned. So investing at this moment would surely be a wise idea given that the market value is still low.

this happens every year, called the natural correction. but I think this year's, natural correction is different from the previous year, so this year's correction will happen in a long time.

the main reason is that sales increase at the end of the year, and then an abnormal bitcoin increase.

probably because of some bad news that came lately which prohibits bitcoin one of them came from the google which he said banned the ad berbasi crypto. maybe some bitcoin share owners are panicking and selling their coins. but hopefully this price quickly recovered

The bullish trend will continue for at least a week.
Just whales need a price to make reinvestment. This is a temporary phenomenon. I think, cryptocurrency will grow again after March :) Don't panic.

Good news or bad news price always goes down because of those who wants to accumulate coins. Its the usual that would happen when greedy sharks are there, it happens to altcoins too specially to the ones with a very high probability of price to go higher. They dump and then buy back at a lower price, if there were no news they create one. This is why its necessary to just relax until the market gets calmer.

It is a pity that many people came to the market who need quick and easy money. After a small drawdown starts panic sale, whose volumes are significant for the overall market, it's sad  :'(

Now there is a certain correction! I am sure that soon it will end! from March 17 to March 25, I expect good growth! look at the precognitive years, this fall in winter, it was always! so wait, the rapid and rapid growth will start soon! buy at such low prices, as long as there is an opportunity!

Why do you think winter is a bad season for Crypto Currency? Also, it's not winter everywhere, so there must be another reason behind this and not only properly because winter itself. Crypto market is having a very bad time, and I see this as an inedit event and not as a previous pattern that is constantly repeating itself.

I think there's been a lot of bad news lately about bitcoin. First, Google's ban on ico and crypto-currency advertising has a big impact on bitcoin. Second, the United States is going to have strict surveillance of ico.

There are so many reasons why the market is red. This is the normal state of any process. I think that soon the growth will start again. Do not panic.

I would like to believe your words and hope that everything will be so, but I do not think that the situation can change only because all events have a cycle ...

Whales are profiting from a string of negative effects like an exchange being hacked or at least having problems like Binance, google banning advertising of ICO starting in June. Whales are using this scenario to sell their coins in order to make people panic and re buy the coins themselves and increasing their stash of coins.

Only patience is required in this situation, I believe bitcoin price and cryptos in general will go up and the end of the year maybe the boom which can show us the road to the all time high of 50.000 dollars, so be patient and do not fear from what is happening right now in the market.

The price usually falls or goes up cause of different reasons. News events play a major role over here. Any kind of negative news can cause a negative impact on the market. People starts to panic and sell off their investment causing the price to fall. Similarly any good news might trigger the price to sky rocket.

If you do have the track on the recent news,fuds and other things towards cryptocurrency then you will able to tell into yourself that market can really go down with those events been happening around. Price decrease is normal specially when regulation and banning is around. Market is being limited and becomes smaller and smaller due to restrictions but theres nothing to worry about since crypto can really surpass this one.

market is unstable and bad bad news making situation bad too but as usuall btc will comeback strong :)

It's because of rumors that Google will be banning ICO ads. It will be harder for the companies to promote their ICO online because of Google restricting the advertisements of the scam ICO's. But I think the price of bitcoin will bounce back on the upcoming weeks.

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