Bitcoin Forum

It’s been a tough week for cryptocurrency holders, as the top 10 virtual currencies by market capitalization have lost 30% to 60% of their value over the past 2 weeks.
Why??
What is the problem??

The problem is that many people still seem to think that this is not a volatile environment where prices don't fluctuate a lot which is completely their fault for thinking in such a manner. There is a reason why many people including me have always advised to invest only what you are willing to lose. The market situation seems like it might continue to deteriorate and many worthless coins and tokens will disappear. Only the popular coins will survive and the market will begin recovering only if something big(positive) happens triggering another bull run, but this seems unlikely for quite sometime at least.

We all know cryptocurrency is a fluctuating market, and anything is very possible to happen. Price fluctuations like this is very heart breaking but we all need to make our knees harder and hold together!

I simply thought that it was a little bit different from the previous times, and the price was too big for me. But I think again, maybe because of the recent events that caused this big change. What about you?  :-[

Lack of control, that's all. accept at the state level as a single currency and rejoice in further development.

There are many reasons for this and the market situation has rapidly changed from bull to bear one.other reason is most of lending coins are the scam one because they have not brought true value to their investors. many people are dumping their coins for cheap price for purpose of making money.

I do not see the present situation as deep losses, It is more like a correction and regulation to make things alot better and more convenient.
Don't underestimate this DIP
Don't over estimate this DIP either; instead take positives and take full advantage.

There are several green candles in this space, and you cannot afford to miss out

the problem is that altcoins are still useless so whenever bitcoin has a small drop, the panic dump is altcoin market kills every altcoin bag holder in it with a huge drop. and on top of all that we have the manipulation which is the dominating force in this market which is moving the price in the direction that the whales want and during dumps they love to short altcoins to make money so they dump them a lot more.

There are too many bubbles in crypto, and many altcoins are useless. When people understand crypto deeply, they will doubt crypto. They don't doubt the future of crypto, but they doubt the function of crypto. It may not be powerful as we think. To be exact, we used to overestimate crypto.

Because it is following the USD trends. If it does not ever traded with USD pair, Bitcoin will not following the USD trends and it will kept like the same as the end of 2017!

I don't know, I think this must be purposeful. Maybe there is a better market for funds, or maybe because Bitcoin is going to delete a lot of altcoins, and too many altcoins affect the development of cryptocurrency. Maybe this is the right way.

This is the main problem and I hope you will try to read the whole of this article carefully
https://cointelegraph.com/news/abc-vs-cv-assessing-the-consequences-of-the-bitcoin-cash-war

It gives a lot of impact on the whole of the market because bitcoin was getting a bad impact. this affects all of the crypto markets.

caused not everyone believe in crypto and government still not accept  :)

I still think that the market is manipulated by big whales, that are trying to drop the most possible amount from investors from our market and to buy BTC at the deepest price. I think we will touch 2,5k USD and moon.

because it is called pump and dump.
people always forget about the part after the "and" and think it stops before it. but with every pump there must be also a dump and that is inevitable. like yin and yang.  you will never see an altcoin that only goes up. they go up (get pumped) and then come back down again (get dumped) as traders make money on both rises and falls and newbies lose on both sides!

If you want to look at a scale, then do not use half measures. Take the full history of cryptocurrency. Then you will clearly see that the market is really dynamic, but the main trend of the movement is systematic growth, with natural, local kickbacks.

By now I din't think it should be a shock for anyone if there is a fall in price of any coin irrespective of the rank.By now we should have come to the reality that crypto is truely volatile in nature.

Just looking at some news and found that some countries are having trouble with the adaptation of the cryptocurrency and some governments are putting some restrictions in using this kind of currency. I think this affects the cryptocurrency industry since most of today's businessmen are using cryptocurrencies, blockchain, tokes, nodes, etc. in order to run their projects.

Don't just look to those top 10 coins. The market itself is in pain and suffering so there's no exception.

There's no problem with the market, the problem are the panic sellers. They never intend to hold for long term and they are asking if the market will recover but we didn't know that they already sold their coins.

I am buying into this part of story about the crypto market downtrend,the hash war had really dealt a major blow on the crypto market, but we still believe the war will come to an end soon and the market will recover

This is due to the ease with which investors are influenced by the FUD news everywhere which makes them immediately withdraw funds from the exchange and take action to panic sell.
This is actually illustrated by the chart in the exchange platform which causes prices to fall and capital to fall by more than 30%.

In my opinion, one of the cryptocurrency factors has continued to decline lately because of black Friday. In addition, many investors are not brave enough to invest their capital in the ICO.

The sudden big drop in btc and alts is so regrettable. One would think that btc was at it's support and accumulation stage prior to the dump. Cryptos is so volatile.

There is certainly no wrong of the tokens for them to go lower its price. It is because of the root, the ethereum and bitcoin. Both of these coins are suffering in lowest right now, and of course the other coins and tokens then automatically affected. When both of the coin continues to go down. The suffering for the tokens will continue.

The problem is in the external manipulations. The cryptocurrency market is exposed to a large number of manipulations, it is very small now and very promising and new investors want to buy the cryptocurrency at a cheap price.

There were too many fuds in the recent weeks and billions flow out from crypto. Bitcoin dipped and all altcoins follow. Fortunately, we see some bumps these few days and hopefully the prices will continue to go up.

Before you can see a bear market end you need to see capitulation selling, this may or may not be that. The only way to tell is in hindsight. If we have not hit bottom yet we are getting very close. But don't expect a repeat of 2017 when the market does finally turn, that was a one off you are unlikely to ever see again.

That's the 2016-17 crypto bubble bursting. Just remember the crypto prices were way lower than what is now if you just go back two years in history.
The rise of price in the last two year is still greater than many economic sectors.

I think it is mainly because there hasn't been enough buyers recently. I mean there are some big players who buy right now so they can have a huge amount of profit later on but this market is not fixable with just couple of whales buying some bitcoins. It can be destroyed with a rich folk selling but can't be fixed if he bought the same amount. Reason for it is that when you are dropping 50% in price you need to go up 100% in price to go back up, which is a lot of effort for going back up.

Also consider the fact that when it is going down everyone gets scared and some even sell their coins out of fear whereas when the price goes up there aren't many people who buy (unless its a huge bull run) so which means when it is going up the market doesn't see the same reaction when going down.

You have to understand one thing, today a cryptocurrency is a speculative asset, and in order to earn money on it, the price is manipulated creating strong volatility, the rise always ended to fall, and vice versa, remember it.

There is such a thing as a domino effect. Less popular currencies often fall behind more popular ones. For example, the example of Bitcoin. The fall of Bitcoin triggered a fall in other currencies, although only Bitcoin can have objective reasons for the fall.

I guess it is because too many useless altcoins affect the growth of Bitcoin. Bitcoin may be destroying them. We have already seen the large depreciation of Ethereum. Perhaps Ethereum will return to 70 dollars and many altcoins will disappear. This may be a reason.

When you hold a more valuable cryptocurrency, you may feel anxious and worried about the market falling, so when the market falls rapidly, most investors will choose to sell rather than save!

There is no objective news. I think this is due to market manipulation. The price is intentionally lowered down.

This is a chaotic market. Many scammers use cryptocurrencies. Now many altcoins have died. Perhaps the ciphering currency continues to depreciate in order to defeat the altcoin, and the bad altcoin will disappear.

All cryptocurrencies fell by more than 40% in a week, which is a very scary data, I think the main reason for the decline comes from BCH's forked coins!

No currency is spared right now. The current  further decline can be because of fear from some traders or investors that cryptos may be coming to an end. But some people are happy to buy it cheap from them.

There are many problems in the world of cryptocurrency and I see that the perceived lack of value is one that undermines all platforms and projects. Yes, there are so many worthless platforms right now and if this trend can never be arrested then the whole industry can be suffering a lot...it is bleeding right now and nobody can be sure when and where is the bottom for this dip. Then, of course, we do have so many scams and failures contributing a lot to this negative perception. I am then hoping that soon a revolution can affect the whole cryptocurrency industry.

Very unusual fall. There was no negative news impacting the price of BTC. It seems to me all this is connected with market manipulations. The price is forcibly dropped down.