Bitcoin Forum

Hey guys! I'm sure everyone's noticing the drop in the cryptomarket. Is there any particular reason for this? Is the bubble actually popping. I've heard that supply and demand, selling more than buying are like the main reasons for the market to drop. Even google announced that they ll be banning the ICO and crypto related ads.
What do you guys feel about the whole scenario right now?

The news about Google was able to bring down the whole cryptocurrency market prices within these days. That information created is a serious fundamental impact on the overall market. Though within the period mentioned so far something can happen that can counter the whole situation. As we  are talking now the prices have started recovering.

Market status for bitcoin tendetion is good because total dominance of bitcoin still growing. Today it's 42,5%, closer to summer between 50-60%.

I think that the bubble in the original crypto money market was too big, so the collapse of the whole market bubble now, it's normal to have a big drop.
But I think the end of march will be the beginning of another bull market.

aside from the buy and selling more that affects the prices of crypto currencies many factors that might affect also to the prices of crypto currency, like holidays and news like banning as what you have qouted, it has a deep impact on investors because it might be the hindrance to them to invest in crypto currency.

Yes, everything goes straight to shit. But, I don't believe that it will remain the same, because these falls have always been happening, and at the end everything will be okay. If its not okay, its not the end.  ;)

I think google's news has made the price drop dramatically, but it will stabilize again. This is just a normal issue.

What makes you to think so?
Many people said March is the month for bull run but it isn't till now. What I think now is we would face a mega bear run for 1 or 2 years like we did in 2013 - 2015. After this there might be another bull run just like 2017.
People need to be prepared for worst case scenarios.

Right now for me in my own opinion the market is going down as much as they can because next week might happen to start the bullrun first BTC will reach $20000 and altcoins will follow maybe this is the last time we will see BTC on that value.

Yeah I think it was starting to stabilize around this month and then because of the news, it's starting to fall again.

I think that the strict management of advertising on facebook, youtube, google are the main impact that the market is burning as it is today. The promotion is blocked to the maximum is making the currency hard to recover. There should be positive rules of the country for the currency to return.

News and rumors and also whales play critical rule to determine the prices. We don't hear good news these days and some whales are also taking the advantages by selling their coins and probably buying again at lower prices.

This does look like it is going to be the case with every passing day and week, with every failed breakout and every lengthy stay below 10k. I guess I should be happy that this is happening. Maybe it will take the heat away from crypto. All the newbies will stop coming to look for fast wealth. I do pity the people who bought in at December and January, they must be just in tears now. But hey, patience is rewarded, so let us all just keep focused on building communities and usage.

Whales are trying to make good money out those FUD news. People should react on this normaly, don’t ever panic because it can makes you a loser. There’s no good news indeed, but I still believe the market will be back on uptrend within a 2months.

Whales are getting profits and this valotility makes really nice profit for day traders.
I enjoy this ride and already make nice profit and will continue to short btc from highs we need more power to turn bullish.

If I think the price of cryptocurrency drops at this time because the game investors, not because of the ban on ico ads on google. I think more to the developed issue only. So no need to worry about cryptocurrency being dropped at this time.

Bads new are just catalysts. The main reason is that people think they are not be able to make easy money out of this market any more lately.

I also have the same opinion, because a lot of news circulating about google will prohibit advertising about crypto then everyone starts to panic and prices in the market also fall and continue. I think most people who panic is a novice investor who can be made panic with just the news.

I've only heard that Altcoin is like a rubber bulb that will someday explode, About google enforce ICO ban I just heard it now. If it really happened maybe the google side had good reason. But I do not know

Due to the latest news, about Google will be banning all of the advertisements related to the crypto and ico that makes a lot of people scared. and the whales are trying to make those are more panic to make another bearish trend after mtgox trustee was dumping a lot of bitcoin. Remember crypto is really sensitive to the news even fake news can give a lot of impact to the crypto.

First it was facebook and now its google. It definitely had a huge impact on users, many panic and start selling..

Not just one there's a lot of recent bad news going about crypto.

Google banning ads
https://www.theverge.com/2018/3/14/17118846/google-ads-ban-cryptocurrency-ico

Japan lobbying for cryptocurrency regulation in g20
https://www.cnbc.com/2018/03/13/g20-meeting-japan-to-prevent-cryptocurrencies-for-money-laundering.html

Recent warnings coming from crypto friendly nations like taiwan and Philippines.

But again we too have some good news about crypto being adopted by reputed brands.
IMF CEO hinting about the usability of blockchain and adapting cryptos.

The news about Google banning ads is the cause of down trend in coinmarket. So bad.

I notice that the market capitalization is practically not growing since the beginning of this month and this is very worrying.

There's nothing surprising about the current crypto market status if you have been an active participant in the cryptospace. Although some news and occurrences impact either positive or negative in the market but I believe that the most impact comes from the forces of demand and supply which leads to volatility and fluctuations in the market. It is normal to see what is happening now.

if so, this is a bad news for us who getting paid from putting an adds on some blogs and sites. it is hard to think that even google dont want to see crypto in their platform, but any ways it is just rumors and no particular evidence about this, most of the investors now adays are getting panic on what they are seeing in the markets, so they choose to sell  quick before they lose something, but for me i still hold and wait the pure result that not in short term but in a long run.

Actually I feel surprised when market coin down the price. And at the same time ask what the reason google and facebook want to ban ads related to cryptocurrency. But so far I have never seen any ad cryptocurrency on google. So maybe banning cryptocurrency ads on facebook and google will not bring big problems.

I'm worried about my investments, because if the crypt starts to fall apart they will turn into a complete rubbish, but I've been working on my portfolio for more than a year ..

I think the prices of cryptocurrencies drops because the game of investors, I don't think the ban of ico ads on google will not effect the market.
The major issue is need to develop regulations on crypto. Once a step forward towards regulation on crypto, then bulls will show their power.

These are very bad news in my opinion but there is another news that give great impact to push the price down. mtgox news. with hundreds million dollars of bitcoin was dumped to the market. That makes a lot of people in the panic fees to sell their bitcoin as fast as possible. G20 will try to discuss strict regulation to the AML in the crypto. We knot that since crypto is encrypted by algo and it can be used to do money laundering.

Those news from Google were to be expected. There are too many fraudulent projects out there and Google doesn't want to participate in that business.

Yes, that is really cause for worry. If market capitalization does not start to grow, the chances of price increases will be low. In addition, bad news and rumors badly affect the market.

I see there are many people in the forum talking about Google which has caused the market to crash. It's 100% wrong. Now all the coins  are falling in price. because bitcoin price is falling. And there is no relation between bitcoin and google announcement. Google just stops some ICO's advertising.

If you believe in the long term growth of the cryptocurrency markets, you would look upon corrections as a blessing. This is the time to accumulate more.

Last time I read the news it is because the SEC, I don't know right now if its the same reason why the in the dip. Maybe there's a lot FUDs? As of now we need to wait is the next move of bitcoin. Just hold for the mean time.

Don't worry this is harmful to your mental health. So, if we look on technology > it developing hard and new features have many implementations, so when traders and big investors will play enough the market should keep developing.

Before we can at least predict when the market will grow but now because of a couple of bad news and fake rumours people are confusing what to do and no investors are showing interest to invest in any cryptocurrency. I don't know what news will make the market grow again.  

I desperately repelled myself from the thought that this is the beginning of the end of the crypt, but confidence and faith in me are now much less than before.

If you think about it, it's pretty sad that something useless like banning ico ads (who cares??) causes this much panic.

actually pal the price will never grow fast after the worst situation 'cause the price always accumulate more demand before it start and perhaps it takes some time before it continue increase ,  just need some effort on it and patience.

a lot of bad news and rumors are spreading everywhere, and indeed bad circumstances, but this causes beginners who just want to earn money quickly, decreased and stopped. it takes patience.

I left my job as director to focus on BTC, I considered it as a profession, I study technical analysis, market analysis to invest more confidently.

In my opinion, that is normal, we are in March of 2018, please be patient and wait, do not sell off at this time

The sellers are scared to sell out, the sharks will gather, then wait for some time to price, I think so.

The sellers are scared to sell out, the sharks will gather, then wait for some time to price, I think so.

The sellers are scared to sell out, the sharks will gather, then wait for some time to price, I think so.

Eh, what is so bad about Japan lobbying for crypto regulation? Do not be blinded by thinking that all regulation is necessarily a bad thing. Look at Japan's history with what happened in Mt Gox. They felt terrible about it, and from there started the world's first government regulations. They did not ban crypto, they only wanted to make it regulated through exchanges. Licensed exchanges. Protection of client funds. Suspending exchanges recently. That is all good. Read what Japanese minister said, and you see what they want.

It's hard to predict what's going to happen next, I'm still playing long term, I feel this is a great opportunity to buy,

google, korea, japan are having a strong impact on the market, causing the prices of altcoins, BTC fell sharply, in my opinion, this time you should buy, and long term hug,

The most recent drops have been caused by announcements about regulation of cryptocurrencies. IMHO regulation is inevitable and will actually open the way for institutional money being invested in cryptocurrencies which will send the prices soaring. Best to treat these dips as buying opportunities.

I have experienced many storms, and when the news, the news also reported bubbling bumps, resulting in the BTC and the altcoins increased the gallop to a new peak, storm market in March I feel is normal, please be patient

The situation in the market today is very similar, every two days green, a red day, the market is suffering a lot of bad news, so other investors dare not dare to invest capital, I believe in April 4-5 will have good signals to other investors poured capital into,

I feel that I need to keep myself in hand and believe in the best .. who are weak in spirit, they will start selling everything at a very low price, but then they will regret it for a long time ... to remain strongest)

That's not how bubble pops. It would be instantaneous... like Bitconnect, for instance.
Cryptocurrencies are constantly under pressure from media giants and the government. Of course, this all affects the price. But I stay positive, and think we'll see another picture at the end of the year.

For me I will say this is due to the volatility nature of the crypto, just like last year I am looking forward to period such as December. " I've heard that supply and demand, selling more than buying are like the main reasons for the market to drop" quoting what you said you are also right.

The biggest reason for the current dip has nothing to do with announcements , hacks, or bubble popping or anything.
In fact, the market is incredibly stable the past month.
If you compare it to last december, yes, it is a bloodbath.
But for the past month the rises and falls in value haven't been too extreme.
Of course, it feels extreme because a small percentage decrease can sway the price of btc a thousand dollars.

The reason why the market hasn't made huge gains is because there is no new significant money coming in to crypto.
A vast majority of the new money that came in last year are just desperately holding what they have.
As the market stabalizes, then it becomes ripe for new investment to come in.
Particularly, institutional money as they see the market can be relatively stable.

As far as the bubble popping, no way, not yet.
Bubble economies reach trillions of dollars of worth before popping, crypto is still in its infancy.

I think that such a total fall of the market began with a strong Bitcoin dump, and since the other coins are heavily dependent on it, they also began to lose in price.

I believe that this drop is just temporary, and by the end of spring it will go up and stabiliziruemost nothing to worry)))

Drop and upside are a common thing for money markets and crypto currencies are also define as money market. This market is in down trend and a positive news can give market a big boost and everyone is waiting for that to come.

I did not think crypt is a bubble, but there were too few people in the community who are here for the idea, not for the money.

Dont worry these bloodbaths would be temporary,soon the market will recover and you shouldnt be doing panic selling because it will only worsen the situation that we have now,the market seems starting to get recover as of the moment i see some reversal patterns and you should wait your altcoins until the market has finally recovered.

Market status are really starting to get recover ,thus you dont need to do panic selling everytime the market started to fail,try technical analysis and it will surely help you to have an idea if the market is going to reverse,as far as i can see the bitcoin has strong support levels in $8k that is why there are less bloodsheds in the market.

Google just afraid of losing it’s reputation in case of recent crypto market fall. I don’t think that Google knows something more than others like future “buble poping”. But for huge innovation company prohibition of cryptos seems strange...

I think the main reason for the fall that we are currently seeing is the bad news from the GUGL company. I think now is the time to buy cryptology and in the beginning of summer we will see big growth

By the new year the market was very much overheated. From September 2017 to January, the capitalization of Cryptocurrencies increased more than 5 times! We have never seen such stunning growth rates. And now we have gone into a deep correction, which may drag on for a few more months before we again update new capitalization records.

Bear trend has come that is why most of the coins in the market dropped their prices including bitcoin,financial institutions are surely manipulating the market because no one can manipulate a single candle in the market without using billions of dollars of bitcoin,plus some of the FUDs are spreading few days back that surely added some impact to the community.

Billions of dollars were spent on buying various coins during this dip. This down trend is temporary and it is absolutely nonsence that people are selling more than buying.

Fundamentals really affect the market because these newbie investors are doing panic selling when some a negative news came out from nowhere,but that is wrong though its a common mistake but its not good to do panic selling because it could only worsen the situation in the market,so we need to be patient until the market has recovered.

I see these FUDs are the main reason why cryptocurrency market has fallen too much,manipulations from these big players im talking about the financial institutions such as CME and Wallstreet gang are taking profits that is why the market has crashed too hard,and if these people are done taking profits im sure that this market will rise again from the bottom.

BTC is tried to be legalized in every way so for panic there are definitely no reasons. Now to the utmost manipulators work - to receive as much as possible bitok. I think the following logical step of regulators there will be a restriction of activity of manipulators for what it will be required to identify all more or less powerful purses and transactions between them.

The scenario right now is getting better as per my technical analysis a reversal is slowly getting into position,im sure those who sell at losses are starting to regret what they did because if they did hold their coins there wont be so much damages in their portfolio,bloodbaths are normally happening when those big players are taking profits so you need to calm down.

Market is down!
Some actions working against the success of cryptocurrency may be responsible.
But, its normal for the market to experience this level of volatility. Hoping and looking forward to seeing a bounce back soon!

Historically, after a dramatic rise in price like what we experienced in 2017 (aka a bubble) bitcoin's price crashes and then we enter a bear market.

This has happened 6-7 different times in bitcoin's history. Each time played out in the exact same way, to an uncanny degree, but on different orders of magnitude and across different lengths of time. There have been bear/bull market cycles that have lasted a few months and there have been bear/bull market that lasted years.

Prepare yourself for down trends because that is the way bear markets work. Meaning there's really no reason for a crash other than bear markets are gonna do what they do. I'm not saying we have entered a bear market yet, because I think it's too soon to tell, but mentally prepare yourself for it anyway.

Not that reason,as far as i know bear trend was showing a month ago so it means this trend will always be down trend that is why bitcoin's price arent improving because the bear marke is still dominating the market,but soon these bulls are going to take over the market and thee bears will go to sleep again,that is how the market works bears and bulls are pulling each others.

Sooner or later the market will recover,technical analysis says bitcoin's price is oversold that is why more investors will buy cheap bitcoin so expect a good reversal few hours or days from now,and im sure if you did HOLD your altcoins you will get good returns and better if you bought something from the dips.

The usual, it is really bad and some people make a lot of money ont his nice dump, to all people who bought BTC when it was 18000$, be strong

Market seems to bleed indeed and we are expecting a good reversal few days or weeks from now,bloodbaths are often because the finan institions are manipulating the market hard,that is why most of the altcoins and also bitcoin has suffered from these manipulations,it wont stop until these big players are done taking their profits.

Market needs to be corrected after few weeks of getting stabilized,that is why this week we see most of the altcoins including the bitcoin has suffered,probably because bitcoin's have tried its best to push the market up but the bears are stronger than these bulls that is why the market has suffered today,and there no such thing as green days forever.

That FUD wont affect much,but these big players are taking advantage of the situation so that they are playing again with the market,putting down all the altcoins together bitcoin so that they can buyback these coins in cheaper prices,giving them millions of dollars with only manipulating tha market's movements dont know how much they are using but im sure it is billions.

The market is falling, indeed, due to the fact that the supply exceeds demand. Everyone is afraid that their money will simply disappear if they invest them in the crypto currency. But it is worthwhile to appear to several large investors - all at once will begin to invest, that will generate demand. Then the market will make a trend reversal.

They will continue to collect coins if they are professional. They won't stop just by cashing the coins out.

The market status isnt so very new to us,it always has bloodbaths like this because that is how the market works and you just need to adopt every situation you are in so that your portfolio wont be much affected if these big players are manipulating the bitcoin's price these pullbacks are going to give use more opportunity because you could buy from these dips and then take profits when the market has started to get recovered.

A fact that we must be sure " in the difficult times that market broadly speaking evolve", knowing thereof we can not create despair, we must create investment strategies to find support in the chart and the market. However, we can not also be pessimistic and optimistic, the equilibrium at that moment is the big difference.

Sooner or later, growth will begin. Special reasons for the fall was not, just bitcoin grew too fast in winter and this decline is in the order of things.

I see this scenario would be worst on the upcoming days because the summit G20 has about to start and it will decide which faith these cryptocurrencies are going to have,that is why this year would be much complicated than the previous years a lot of things will happen and these bloodbaths are just the start of the worst things to come.

The market crashing is really causing worries for everyone, even the experts are not sure if the recovery cabmn come in time because its like FUD after FUD that it almost seems planned.
Almost less than 300 billion as of right now, that is less than half of the all time high and by some distance.

I believe this year still has great things to offer, but a lot of shit projects will eventually die off

Boom is always accompanied by crisis I think that's the answer

More and more people are afraid that is why. We need this kind of correction in order to let go of those greedy people off the market.

I guess pure manipulations from the big players? something will be announced in april that is why they are pulling the bitcoin's price down so they could aquire more bitcoins.I have heard the lightning network will be released soon that is why financial institutions are dumping bitcoin so they could buyback from the dips.

Agree, many projects will die and real gems will shine. More new investors will come to crypto and this is good time to buy coins, but choose potential coins for big profit in future.

I think this is the impact of some of the recent bans. and the latest one is currently out of google. in fact, google does not play a major role in this decline effect, it's just google prevents the deviation that is often done ico developers. that's why the advertising ban is in place. the biggest effect is from new investors who panic

I chose to wait, and the decline seems unstoppable!

You can choose to buy some encrypted money to wait for the market to rise!

The future of digital cryptography is hopeful! Just wait slowly!

     Well, shit happens in life. And in the crypto world, shit is still shit. Things like these are bound to happen but it doesn't mean that just because we are in a season of big drops in prices today, the crypto world will be ending soon. Just a small study about the past of crypto currencies will give you a hint that we are still so damn far from the end of the crypto world. I suggest you do that so you won't have to worry too much and be able to put your mind at ease. good day man.

it looks like the current market is starting to green,coin prices in the market start growing back maybe in the next few weeks the market will return stable

I do hope it happens as I've missed looking at my port on green. I guess there were many FUDs out there that we're not able to keep track of them one by one. The dump of major exchanges and the news about Google banning crypto ads must've really made the market bleed these days.

Sometimes the current market
there were lots of news and rumors, we have not heard good news lately which impacts on critical crypto ads and makes the market bleed lately, hopefully the market can be stable again in the near future

the reason is panic sell caused by weak hands who probably entered the market during the boom last year and now heard about ICOs ads ban on google and facebook, which actually means nothing

The depreciation of the cryptocurrencies market has been attributed to negative news, causing investors' anxiety and volatility to sell off the amount of crypto they held to avoid losses. Google and Facebook banning ICO ads I think will benefit the bounty because the profits from the bounty will be higher than the current time because social bounty promotion campaigns are not used.

Always in any news there is good and bad. You just need to be able to see it. The ban on advertising the ICO will provide an opportunity to earn more members of such sites like bitcointalk. This is a good thing. This will benefit the entire community. Panic in the cryptocurrency market has led to lower prices for all coins. This made it possible for everyone to buy cheaper coins. If you believe in the idea of cryptocurrencies, then any situation can be turned to your advantage.

The uptrend observed during the last year was unsustainable. The boom was due to hype and excitement but it coudn't last forever. Forecast of regulation has scared away many. But regulating the market might lead to long term benefit, prevent scams and stabilise the ecosystem. Bright times coming soon!

I agree with the mention theat BTC bubble became too big. And now we all observe the return of the cryptomarket to its averaged state. I do not exclude that in the near future the state of the market may change dramatically, for example, because of news from China.

I don't think only Google has affected this drop in the market. Especially since Google banned advertising in the recent past, and the market went down even earlier.

Do not worry. Everything will be fine with the market. Simply, this correction turned out to be more protracted than everyone expected. After it begins to grow. So do not worry between the recovery of the market.

Yes a lot FUD still coming from those manipulators of market out there. Well they are successful but also a lot of people here in crypto are happy too and I am of them because we've already position our portfolio perfectly but sad to say those new comers already panicked sold their coins.

Yes these recent months, the values of the cryptocurrencies are dropping but worry no more after march for sure the market will return to green and rise even more and better than before.

There's too many fud and fake news surrounding the current market plus the incoming and upcoming of regulations on different country in cryptocurrency. Thats the main reason bitcoin and altcoins are dumping and bleeding red right now but there will be a time where everything will gonna be alright.

Ya, there are many reasons behind the drop of crypto market but according to me these are the main reason behind this market drop.
First, many countries make rules & regulations for crypto currencies and many countries decided to banned crypto currencies. And due to these rules many giant whales or black money holders withdraw there fund from market.
Second, selling more than buying is another reason of market drop.
Third, Google announcement to ban ICO make impact on market and also for the reason of drop side of market.
But one good news will take this crypto market again on the top of world. So wait for positive news, which can give market boost.

I consider that hodling is a good idea currently considering the performance of the Bitcoin ecosystem and projects for the future . Even though is arguably a simple opinion.

The price is not that big. The price could get larger if rich people invest in Bitcoin and the altcoins.