Bitcoin Forum

Hi ... Looks like we all know that the price of bitcoin and also Altcoin now is very low and continue to fall. I want to ask the master masters here, What is the main cause behind the decline in bitcoin prices and also other Altcoin .. ??!

unsecured exchange were hacked. Plus whale just left. There will be another whale in and we will have wave soon.

Sorry sir, how do you mean ,,, ?? will Bitcoin fall and be replaced with another .. ?? Please give us a clear explanation so that all can understand and understand what you have said.

Cryptocurrencies are always vulnerable to hacks, but several digital token thefts have rocked the market in a short period of time.

Most recently Bithumb is reported to have lost $30 million in cryptocurrencies after a massive hack hit the exchange.

I am expecting the digital currency to see significant drops in the coming days.

it will not because bitcoin as the main pegged coin to the all of cryptos. The only reason due to the a lot of FUD have created by so many people are having scenario. Remember the trend of the crypto should be affected it. When you wil see bullish trend and there will be bearish trend after that.

This is just what i thinking, consider what happen in 2-3 month earlier.
For generally the "cause" is from the trader or holder coin it self. They want to hurry sell some coin specially BTC and ETH (this coins cause effect other coins), and also they need a lot of cash money to gambling, as far as we know, for now there's a big event like WORLD CUP.
So a lot of trader / holder sell their coins in hurry to make some income from that event.

I think the price of bitcoin have drop because of insecurities regarding on our security in out crypto wallets. We are vulnerable to hackers since we are responsible in caring our own financial wallet compare with third party companies like banks. Also the price correction and FUD news affects investors to invest more in crypto currency.

There are lot of reasons why the market is facing difficulties. One of this is the tough competition in the market. There's a lot of newly bloom coins with potential. And one of other reason is that scams that rising too. There's a larger supply than demand. That's why the price becomes low. Hoping it will fully recovered.

This makes perfect sense, it is one of the factors that causes the fall of coin coin prices to be exchanged. besides that, there are still many factors that cause the price of Bitcoin and also other Alcoin shaken and drop.

That's definetely not about exchange hackings, if it is the main cause of falling prices then the coins must recover but that does not happen, besides many reasons for fall, it is trend.

many bitcoin holders are coming in at a high price because it now needs new investors coming in to support the crypto world, many of the issues that see crypto will die. but I'm sure later bitcoin and altcoin can return to initial performance.

The main reason for the fall of all crypto-tokens is trading speculation on the exchanges. Fundamental factors have affected this decline quite a bit.

Masters of Masters in here doesnt exist yet no people can able to predict on such price declines but if we do base on traditional reasons why market price do fall it would definitely have the involvement of whales which is a normal thing together with regulation and goverment issues where those factors would really affect or any fundamentals.Even just sticking out on basic thing like supply and demand we can already evaluate on what are the things happening but not totally knowing on whats behind it.

Please don't ask the "masters" here. They don't know any better than you or me. Experts are just better able to give more proof for their opinions. Have better resources. Better tools. But they can't predict the market. Experts have tried for years. They'll keep trying. Form your own opinions and judgements and make your own calls. After all if you find out the reason, will that change your mind about crypto?

The main cause is the rapid rise we had at the end of 2017. Crypto enthusiasm reached fever pitch, and everyone was buying in. Prices rose too far, too fast. The first part of 2018 was the big dip, where prices kept falling in search of a stable point. After that we had a big bounceback, and then the inevitable fall after that. The crucial thing I think is that both lows were around the same price point, which indicates there is a lot of strength there and resistance to further drops. I would expect prices to increase quite a lot over the next few weeks.

The main cause is some people did take their profits after the big pump. It is the same thing as "little or big" pump and dump which can sometimes last 1 day or 1 week.
Except that we don't know where is the floor here, as the dump is very slow.
There is no masters of masters here. They surely won't give you what will be their next action.

The thing is that the price is influenced by two forces - buyers and sellers. Both those and others want not to go into negative. And since buyers are pressured from below, sellers - from above, the price eventually falls all the lower.

we do not know exactly what has caused the market to fall like this. but I just advise you to stay calm, keep focused on the plans you've created and always fold the assets you've got.

do not focus too much on falling markets, as you lose time and may miss opportunities that can give you a profit.

At the end of 2016, bitcoin was 600$
At the beginning of 2018, bitcoin was 20000$.
I think the main cause of falling price of bitcoin is above. Profit is 33,3x.

You are right ,, I should not be negligent with the current market situation, I should be able to take advantage of opportunities to double my coins. thank you guys, you've woken me up from sleep.

Well regulation and negative news from various countries can be considered one reason but personally i think there was a big correction due after 1000% gain in the price in 2017 so it is perfectly fine market cycle, now i think correction is also fading away so there are high chances of next upward movements.

Well. It is an investment market where such falls are very normal. Many causes can contribute for the price crash in cryptocurrency market. The most important reason nowadays according to me is the negative news regarding the cryptocurrencies. Such news has a great impact on people contribute to huge fall in price. For instance, FSA announced that domestic crypto exchanges will be suspended or Binance has been hacked, etc.

People now are thinking that market is just a bubble and it could not pump again like it done in 2017 but for me is the same like you said, marketn ow is in the down but in future it could go up that fast like it went down some time ago.

most likely, the main reason for the collapse of the capitalization of the crypto-currency market is the manipulation of the bitcoin rate. One of the obvious reasons in the collapse of the last half of the year is the output of bitcoin trading on the futures market. if you proanalizirovat chart reports trades to the South of the bitcoin once it becomes clear that the graphics are very similar in amplitudes and waves