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Bitcoin => Bitcoin Discussion => Topic started by: hidden_legend on August 17, 2018, 12:33:10 PM



Title: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hidden_legend on August 17, 2018, 12:33:10 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???


****Note(02/09/2018):- Hi Friends,
Thanks for the discussion.I just want to clear few points that I never call Bitcoin a scam.I am just highlighting a news published in a top most news paper of my country.Bitcoin is used to scam people by BitConnect.Latest update about this scam is much more money involved.
From that news following points came into light:

1) A big chunk of money disappear from market because scammer run with that money.
2) The investors who already invested never think or maybe hesitate to invest again.New investors if came across this news try to avoid this market.
3) Because of these kinds of scams RBI and Govt. of India try to restrict transactions related this market which intern affect this market.
I read same kind of scam cases came into light from different countries like Indonesia, Malaysia,Thailand, Japan, Canada UK etc....

I also read a news that many prominent crypto exchanges and crypto personalities joining hands to ride out these kind of scams.I hope they will succeed in their mission.

More over this post is not to panic any one but to discuss and spread awareness about this new market.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: akosijue on August 17, 2018, 01:02:06 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

I'm not that knowledgeable about those scams or whatever you found or out there that proves to be but I read somewhere that a lot of companies have gone to investing in bitcoin that is why bitcoin rose suddenly a month ago by +$700-$800 than the price now. As for my opinion of the continuous declining of bitcoin price, may be because those companies that invested decided to back out because they got some profit or they needed the funds or something similar. But these are only my opinion, I may be wrong and I'm open to any other opinions.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: MirzaofDaska on August 17, 2018, 01:07:36 PM
 marked 5 reasons for that:
Tax Season
Potential Regulation
Mt. Gox Weight
China’s Relation to Cryptocurrencies
Google’s (as well as other social media) ban on Cryptocurrency


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: daoquanghuan on August 17, 2018, 01:18:12 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
bitcoin and other crypto must be scams everyone knows it. The reason for the market decline is that it has increased too much by the end of 2017 so the correction is indispensable. This has happened many times before and after each such it grows stronger. This time it is no exception that it will recover and grow strongly in the future


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: bennypagulayan on August 17, 2018, 01:21:11 PM
I can hardly believe the news that people give, there is so much information that I can not know the news is reliable, so I always hold my BTC until the price increases again.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Stedsm on August 17, 2018, 01:21:50 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Neither scam nor speculation, I believe that after ETFs are approved (ever), Bitcoins will be dominating the whole market at an extremely out-of-reach level which none of the alts might be able to achieve. The reason for Bitcoins' fall was, Bitcoin grew so gradually last year (literally without any reason, but it was all the speed of patience that was held for years before that spike). Considering my analysis over Bitcoins, I can say that every time Bitcoin spiked, it used to come back down to levels that were at least 1/4th or 1/5th, I think Bitcoin has already reached its bottom this year and it should carry the rally from now on by taking over the markets with great events coming one by one.

Quote
Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

I believe this might be true in a case if those scammers were (ever) able to DUMP Bitcoins over markets.
If things are busted, I believe that their effects would also get over sooner, because everything is clear and Bitcoins are (maybe) under the possession of authorities from that point of time because they might auction those coins or may never let us us, which may then be considered as burnt coins as they won't be coming to the markets as the country (India) is not in favor of crypto (not at least currently).


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Gotumoot on August 17, 2018, 01:35:12 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
For me, i think that there are many reasons why bitcoin price drops. First is volatility, means that the price of bitcoin is rapidly changing and its unpredictable to know if its going to increase or decrease. Second is the bad news spreading that affects the supply and demand, because many investors panic sell their bitcoin because they are easily deceived by the news spreading. I suggest that before investing on bitcoin, study first all about bitcoin, for you to have knowledge about it, and for you to know whats best to do when the price drops.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: evergreendog on August 17, 2018, 01:43:23 PM
This is just a healthy correction and mt gox also dumped a lot of bitcoins, its nothing to panic over, just be patient and wait till the market picks back up.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: FlamingFingers on August 17, 2018, 01:45:54 PM
I couldn't find any slice piece of news to support that 22000 crore number—all I found was, Congress in India alleges that a major political party used cryptocurrencies (read: bitcoin) for their money laundering (Rs 5000 crore is the reported amount) and called it 'bitcoin scam.' I doubt this would affect the market as we see it now, however. Speculative bubble, regulations, bans, and bad news are the driving force for the market downtrend.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: mattnguyen on August 17, 2018, 01:47:38 PM
marked 5 reasons for that:
Tax Season
Potential Regulation
Mt. Gox Weight
China’s Relation to Cryptocurrencies
Google’s (as well as other social media) ban on Cryptocurrency

FYI - Coinbase was able to advertise on Google's ad network. I think they're judging on a case by case basis.

Regarding the topic at hand, this is most likely due to a lot of ICO projects cashing out their raised eth for fiat. If I were an ICO project, I would cash a good chunk if it out for bitcoin or fiat in order to reduce my exposure to volatility risk.

I think we'll see this well into 2019 as well.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: darkangel11 on August 17, 2018, 01:55:21 PM
You want the technicals, the fundamentals, or the conspiracies?
From the technical point we have reached the top at 20k and stopped there forming a double top, which should be a sell signal. A dcorection was long due, so we were supposed to go to at least half of the slope, which was 10k. There was a chance to defend it but we had some Korean exchanges hacked, Binance kicked out of Japan, bans in India, and so it went...

Fundamentals are calling for a bounce back with lightning network expanding, CBOE launching an ETF, and many other things, but the decision was postponed which caused the recent crash (IMO it was a completely dumb and emotional reaction from the market).

Conspiracies? Too many and too irrelevant to waste time explaining.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hidden_legend on August 17, 2018, 02:22:23 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Neither scam nor speculation, I believe that after ETFs are approved (ever), Bitcoins will be dominating the whole market at an extremely out-of-reach level which none of the alts might be able to achieve. The reason for Bitcoins' fall was, Bitcoin grew so gradually last year (literally without any reason, but it was all the speed of patience that was held for years before that spike). Considering my analysis over Bitcoins, I can say that every time Bitcoin spiked, it used to come back down to levels that were at least 1/4th or 1/5th, I think Bitcoin has already reached its bottom this year and it should carry the rally from now on by taking over the markets with great events coming one by one.

Quote
Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

I believe this might be true in a case if those scammers were (ever) able to DUMP Bitcoins over markets.
If things are busted, I believe that their effects would also get over sooner, because everything is clear and Bitcoins are (maybe) under the possession of authorities from that point of time because they might auction those coins or may never let us us, which may then be considered as burnt coins as they won't be coming to the markets as the country (India) is not in favor of crypto (not at least currently).

Thanks for sharing your knowledge here.I am from India and I came across two scams through news published in renowned newspapers  related to Bitcoin where investors put their money and some scammers because of greed fled from country with investors money and profit.These kind of scams force Reserve Bank of India to ban all financial institutions like banks to stop transactions related to cryptocurrencies.There were officially half million investors invested in Bitcoin and other cryptocurrencies according to taxation department of India.So a ban definitely shatter this market.
Few days back as I mentioned above in Gujarat(India) a big scam by Bit Connect came in to light.Amount of money is big but only few people complaint about it because most of the money is black.
Bitcoin or technology behind it is not responsible but the greedy people who want to run with hard earned money of investors responsible for unrest in crypto market.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hidden_legend on August 17, 2018, 02:27:22 PM
You want the technicals, the fundamentals, or the conspiracies?
From the technical point we have reached the top at 20k and stopped there forming a double top, which should be a sell signal. A dcorection was long due, so we were supposed to go to at least half of the slope, which was 10k. There was a chance to defend it but we had some Korean exchanges hacked, Binance kicked out of Japan, bans in India, and so it went...

Fundamentals are calling for a bounce back with lightning network expanding, CBOE launching an ETF, and many other things, but the decision was postponed which caused the recent crash (IMO it was a completely dumb and emotional reaction from the market).

Conspiracies? Too many and too irrelevant to waste time explaining.

Is technical and fundamental analysis work at this stage of cryptocurrency market like it works in forex and stocks markets???

yes no need to explain conspiracies but how about scams??? Because of scams mostly investors changing their minds to enter crypto market now.Its only my opinion as I read all through news.Also scams through crypto are very easy due to lack of regulations.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Valer4ik on August 17, 2018, 02:43:59 PM
Buyers are waiting for a favorable situation to enter the market, and jumps in the price do not give them confidence in the correctness of the moment. Therefore, for now, it is not worth waiting for growth.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Strufmbae on August 17, 2018, 02:47:16 PM
There is also a factor like what op said that scams and  speculations, but i don't think it is the main reason, even thou there are scams , cryptocurrency is still online, the problem i see and i know, is, that supporters from time to time are getting less,  and by basing on selling bitcoin in the market causes it's value to decrease,  going back to basic about law of demand of supply can help us understand what could be the cause of the problem we encounted as of now.  


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: fantasticX5 on August 17, 2018, 03:01:06 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
It's part of the business that needs correction and this is normal. Although it's a bad timing as we expect that this will run as same as last year but it happens in opposite. Better to hold for next bull run.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: darkangel11 on August 17, 2018, 03:06:22 PM
You want the technicals, the fundamentals, or the conspiracies?
From the technical point we have reached the top at 20k and stopped there forming a double top, which should be a sell signal. A dcorection was long due, so we were supposed to go to at least half of the slope, which was 10k. There was a chance to defend it but we had some Korean exchanges hacked, Binance kicked out of Japan, bans in India, and so it went...

Fundamentals are calling for a bounce back with lightning network expanding, CBOE launching an ETF, and many other things, but the decision was postponed which caused the recent crash (IMO it was a completely dumb and emotional reaction from the market).

Conspiracies? Too many and too irrelevant to waste time explaining.

Is technical and fundamental analysis work at this stage of cryptocurrency market like it works in forex and stocks markets???

yes no need to explain conspiracies but how about scams??? Because of scams mostly investors changing their minds to enter crypto market now.Its only my opinion as I read all through news.Also scams through crypto are very easy due to lack of regulations.

IMO fundamentals are the leading factor. You can see how important they are when they start overpowering the technicals. For instance, we had a huge bullish sign on August 27th with that dump attempt that was immediately bought by the bulls. Without any news the TA would clearly show that we're on a way up, but instead we went down with the news about ETF decision being postponed. This was a nice example of the fundamentals overpowering the technicals.

What scams in particular? There were no huge Bitcoin scams for a while. There were some hacks, for instance that Korean exchange a couple months back, but those guys were as careless as you can be with multiple hoot wallets on auto withdrawal with no supervision. If you are smart you have 80-90% of your money on cold wallets, even if it makes people wait a bit longer. If you keep all your money on hot wallets you have to be a moron.
Last thing, scams in the altcoin sphere don't affect BTC, it's the other way round.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: cellard on August 17, 2018, 03:09:01 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Neither scam nor speculation, I believe that after ETFs are approved (ever), Bitcoins will be dominating the whole market at an extremely out-of-reach level which none of the alts might be able to achieve. The reason for Bitcoins' fall was, Bitcoin grew so gradually last year (literally without any reason, but it was all the speed of patience that was held for years before that spike). Considering my analysis over Bitcoins, I can say that every time Bitcoin spiked, it used to come back down to levels that were at least 1/4th or 1/5th, I think Bitcoin has already reached its bottom this year and it should carry the rally from now on by taking over the markets with great events coming one by one.

Quote
Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

I believe this might be true in a case if those scammers were (ever) able to DUMP Bitcoins over markets.
If things are busted, I believe that their effects would also get over sooner, because everything is clear and Bitcoins are (maybe) under the possession of authorities from that point of time because they might auction those coins or may never let us us, which may then be considered as burnt coins as they won't be coming to the markets as the country (India) is not in favor of crypto (not at least currently).

I don't count in the ETF ever passing. The only hope is that the tight relationship between the Chicago Board Options Exchange and the SEC will be able to create a climate of understanding between parties involved instead of having a bureaucratic war in which some want it done but others think it's a scam and BTC should be banned outright immediately 8We already had such views in the previous hearing).

Bitcoin can go to ATH without an ETF. We really don't need it. Altcoins are a non issue because none have solved the byzantine generals problem in a way that can outdo the security of the Bitcoin network, so there is no reason to fear flippenings of any kind.

The only thing you can do is keep stacking and wait for the rest of the market to align within the new reality, being that Bitcoin will not go anywhere, and your wealth will be increasingly at risk outside of it.

At some point owning 0 BTC will have more risks than owning 1 BTC, and I believe we have already reached that point of inflection for a while, the rest of the world just need to realize this fact, then we'll be at $100k+ in no time.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hitrawal91 on August 17, 2018, 03:14:36 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

Crypto Fall? you can't name every short term correction as a Crypto fall and by the way right now the current price of the Bitcoin is trading some way near at $8500 in the Zebpay exchange and around $6500 in other Crypto Exchanges.The fall of crypto may be because of delaying of ETF's in the Cryptocurrency market.

 Right now infact there is a big money to be made even in this fall using the Arbitrage trading method and you can use arbitrage trading to gain atleast $2000 to $3000 in a very easy manner.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: ntarah langger on August 17, 2018, 03:33:27 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
I don't think because of that, fraud might have a negative impact but it's only a small part.
Regarding the falling price of bitcoin, there must be something behind it, and my hunch is that when it's all done by the mafia, who buy bitcoin on a large scale when the price goes down.
they manipulate the market


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Elips1 on August 17, 2018, 03:38:46 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
I think there's many reasons behind crypto market fall. Here's some reasons;
Many people bought into Bitcoin because of the peaking market and did not want to miss out on the chance to make a lot of money.
New investors began to panic sell causing the markets to dip.
The Wall Street Journal released an article about the price fixing investigation that caused a major sell-off.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Tinaw on August 17, 2018, 03:47:24 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
Here's some reasons why crypto market fall;
The governments trying to take control and legalise crypto market with necessary changes, things will get better once the SEC ETF passes on September 30 or even earlier.

A lot of recent news including exchange hacks and cryptocurrency being stolen has led to some uncertainty and wavering in price.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: dmamigo on August 17, 2018, 04:09:30 PM
I couldn't find any slice piece of news to support that 22000 crore number—all I found was, Congress in India alleges that a major political party used cryptocurrencies (read: bitcoin) for their money laundering (Rs 5000 crore is the reported amount) and called it 'bitcoin scam.' I doubt this would affect the market as we see it now, however. Speculative bubble, regulations, bans, and bad news are the driving force for the market downtrend.

Just a news from one country cannot affect the valuation in such a manner. 2-3 more simultaneous news have made the difference. Also, bubble speculation and over price claim might have sparked a sell-off again. We can say it as a correction as well, but such frequent correction is not so healthy and might fear the newcomers.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: sdipmlrp on August 17, 2018, 04:13:59 PM
There are many news about encrypting the world every day. I don't think that's the reason why Bitcoin has fallen. The most direct reason is that no new investors have entered the market.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Phlaser on August 17, 2018, 04:14:10 PM
I want to believe what we experience in the market currently is effect of the SEC and ETF approval hanging as no one knows the path the final decision will go.... Also most ICO projects are cashing as ICO market isn't booming as it was last (2017), which caused the terrible crash in price of Ethereum.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: adnandanish102 on August 17, 2018, 04:15:28 PM
The decline of bitcoin took place due to the scantily sale of bitcoin and this shortage of sale is due to the lack of trust of newbie investors that they have on bitcoin due to its volatility and also because of the scams that involve bitcoin.If the companies will not take serous actions then it will not possible to recover the preceding stage o bitcoin rates and loss will also no longer recovered.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: KingScorpio on August 17, 2018, 04:21:30 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

the market falles because there are no more usdollar flowing in, condiering the fact that the market is just a scammy zero sum game its likely the market will stop being supported by those gambler investors that hyped bitcoin


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: niteroy on August 17, 2018, 04:51:03 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???
Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
bitcoin and other crypto must be scams everyone knows it. The reason for the market decline is that it has increased too much by the end of 2017 so the correction is indispensable. This has happened many times before and after each such it grows stronger. This time it is no exception that it will recover and grow strongly in the future
I agree with you that Bitcoin will recover and begin to grow. But the fact that the price drop is a correction is not true, because the correction can not be 70%. This is the manipulation of the market and the artificial lowering of prices, as well as the shifted balance on the exchanges toward supply. With the increase in orders for the purchase of Bitcoin, the price increase will be more noticeable.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: cizatext on August 17, 2018, 05:45:51 PM
The reason is simple the price fall is as a result of the low demands for cryptocurrency because the crypto market operate on demands and supply so once the demands are affected the price change will follow and due to this volatility nature the bitcoin and the whole cryptocurrency is depending on demands.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Addywealth on August 17, 2018, 06:29:11 PM
Negative speculations, rumour, fake news, banning, not regulated and what a view has contributed greatly to the continuous fall in price of bitcoin. I believe if bitcoin managers can work around the above listed the price will be stabilized and the market will turn green


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: sandaljepit44 on August 17, 2018, 06:34:45 PM
there have been many fraudulent news like that, but in my opinion this is not the main cause of the current market crash. many speculators play in exchange markets that want bitcoin prices to fall, maybe like the annual cycle of bitcoin that will fall before experiencing a sharp increase  ;D


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Itcher on August 17, 2018, 09:49:14 PM
I think the current drop is a result of the fact that postponed consideration of ETF. it is logical, such serious things are not accepted from the first time


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Boysen on August 18, 2018, 09:36:47 AM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
This are the reasons why people or the users tend to panic then sell there investment because of the fear that bitcoin will not rise again. And also there are fake news that are spreading in which those are just false accusations about bitcoin. This should be prevented. That is why maybe the newbies are afraid to start with bitcoin. But then, if you enter in crypto currency you need to be smart enough to understand things that happened like this. Bitcoin will not disappoint us.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: deviniter on August 18, 2018, 11:46:48 AM
Yes, the cause of the price of bitcoin dropped dramatically is sell panic and manipulation. Bitcoin theft is included in the sell panic, because the perpetrators are sure to sell all of the stolen bitcoin.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: FlightyPouch on August 18, 2018, 11:49:56 AM
Yes, the cause of the price of bitcoin dropped dramatically is sell panic and manipulation. Bitcoin theft is included in the sell panic, because the perpetrators are sure to sell all of the stolen bitcoin.

Do we really need to be worried about the every movement that the Bitcoin price does? We are investing our money on a volatile cryptocurrency so we don't really need to be worried about it every single minute. With a lot of users and investors all over the world, that is common for Bitcoin to have a quick price change in a shirt period of time.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: GlobeTrott on August 18, 2018, 12:32:09 PM
If the market were to fall, it might eventually be due less to scams and more to hacking. I think if there's anything that can kill a market that exists purely based on speculation, it would be the continued inability to protect investments from hacking.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: rumexx on August 18, 2018, 12:40:49 PM
Market in crypto currency and any other online trading trends on news sentiments and that is why they are all call speculative market. Any news that come out always affect the market which can be for bear to carry the day or for bull to rally up. It all depend on whether the news is a positive or negative one. Over the few days there have been news that are not to good for the crypto example the ETF postponement, Saudi Arabia news and the India news they all contributed to what was noticed in the market.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: RSM0103 on August 18, 2018, 12:59:50 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
Scams is not the reason why bitcoins price will fall, the reason why bitcoins price fall down because of the market demand. I really believe that bitcoin will not be affected on such scams issues. However, there are some issues can affect it's price such as negative news about bitcoin been banned or bitcoin been hacked. This issues i think can affect it because of security issues and adoption of countries in terms of uses of bitcoin.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hidden_legend on August 18, 2018, 01:28:34 PM
You want the technicals, the fundamentals, or the conspiracies?
From the technical point we have reached the top at 20k and stopped there forming a double top, which should be a sell signal. A dcorection was long due, so we were supposed to go to at least half of the slope, which was 10k. There was a chance to defend it but we had some Korean exchanges hacked, Binance kicked out of Japan, bans in India, and so it went...

Fundamentals are calling for a bounce back with lightning network expanding, CBOE launching an ETF, and many other things, but the decision was postponed which caused the recent crash (IMO it was a completely dumb and emotional reaction from the market).

Conspiracies? Too many and too irrelevant to waste time explaining.

Is technical and fundamental analysis work at this stage of cryptocurrency market like it works in forex and stocks markets???

yes no need to explain conspiracies but how about scams??? Because of scams mostly investors changing their minds to enter crypto market now.Its only my opinion as I read all through news.Also scams through crypto are very easy due to lack of regulations.

IMO fundamentals are the leading factor. You can see how important they are when they start overpowering the technicals. For instance, we had a huge bullish sign on August 27th with that dump attempt that was immediately bought by the bulls. Without any news the TA would clearly show that we're on a way up, but instead we went down with the news about ETF decision being postponed. This was a nice example of the fundamentals overpowering the technicals.

What scams in particular? There were no huge Bitcoin scams for a while. There were some hacks, for instance that Korean exchange a couple months back, but those guys were as careless as you can be with multiple hoot wallets on auto withdrawal with no supervision. If you are smart you have 80-90% of your money on cold wallets, even if it makes people wait a bit longer. If you keep all your money on hot wallets you have to be a moron.
Last thing, scams in the altcoin sphere don't affect BTC, it's the other way round.

Thanks for an excellent explanation about indicators.
I am talking about the scams going around like I mentioned one here about my country.I am giving here 2 examples.
1) One person Mr Amit Bhardwaj was in news with a Approx $28B scam.He first attracted investors to invest in his Bitcoin mining system when price of Bitcoin was $1000 or maybe less and he promised monthly return.He did it with properly register companies in his name and partner with some chines people.When price of Bitcoin rise above $15000, he fled with whole amount of Bitcoins and later arrested somewhere.Now he is saying that he is ready to repay investor's investment and not the profit.But investors are not ready for that.Case is pending now.
From above case I just want to shed light on these kind of scams where some smart criminal or greedy kind of people fled with investors money.If they get arrested fine but this really impact the further growth of crypto market, because new investors or the old one avoid to invest again which means less liquidity and trust of market and last market turn slow or boring.
2) Second case I mentioned in my first post which is bigger than above one where a newcomer Bitconnect run with investment of billions of dollars from a single state of my country.
Overall I think these kind of scams definitely discourage investors to enter in this crypto market.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Kimskie12 on August 18, 2018, 01:33:48 PM
I think the investors are on panic selling, that is why the supply and demand reduces because they back out. That is just my opinion. But for me it is natural that the price sometise high and then low or worst very low, for no reason, they have term on that but i forgot.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: waitforme on August 18, 2018, 01:36:35 PM
Many countries are trying to issue particular bans on Bitcoin in their countries. Many others have made the rumors of Bitcoin on the big exchange forums around the world to make investors nervous and panicked, turning the mayor into a pool of blood.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: MalcolmBee on August 18, 2018, 01:38:38 PM
Cryptos have been held back in recent days amid increasing levels of scrutiny from regulators, most notably in South Korea, where the government is planning to clamp down on trading in virtual currencies.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: SistaFista on August 18, 2018, 03:46:37 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

What do you mean scam ? Do you mean after several years of cryptocurrency, bitcoin was a scam after all ?
No, i think the answer is there are peoples who want to speculate with the price of crypto in the market.
There must be many speculators going after crypto because they know cryptocurrency has great potential.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hidden_legend on August 18, 2018, 04:02:09 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

What do you mean scam ? Do you mean after several years of cryptocurrency, bitcoin was a scam after all ?
No, i think the answer is there are peoples who want to speculate with the price of crypto in the market.
There must be many speculators going after crypto because they know cryptocurrency has great potential.

No, I am not calling Bitcoin a scam but I am highlighting people doing scams using Bitcoin or other cryptocurrencies, organising ICO with an intension to scam people around world through crowdfunding, attracting investors to invest in Bitcoin and other mineable altcoins and then suddenly fled with investor's hard earned money.
Neither I am calling Bitcoin a scam nor anyother legit altcoin scam.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Kayuslawal on August 18, 2018, 04:05:42 PM
I can't say or predict the causes of it but i believe one of the reasons is cause by FUD and those spreading fake news to make btc down just because they dont  like btc.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: ETHtotheMOON1 on August 18, 2018, 04:10:49 PM
Cryptos have been held back in recent days amid increasing levels of scrutiny from regulators, most notably in South Korea, where the government is planning to clamp down on trading in virtual currencies.

I'm wondering what is happening in South Korea, I understand they started regulating the crypto and crypto exchanges and major exchanges already comply. Is there a U turn on that?


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: TechnoX_X on August 18, 2018, 04:21:00 PM
Maybe you have the truth. But in my opinion it's not just that the bitcoin factor is falling. In my opinion because it is caused by requests from traders or investors that have been reduced. This can make bitcoin prices fall.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: sormin on August 18, 2018, 04:26:50 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
Nobody is scam about this. Maybe this is a HALVING factor. Bitcoin does have its own season. And he doesn't keep going down. I predict the price will touch US $ 20,000 by 2020. (Just a guess)


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hidden_legend on August 19, 2018, 01:23:08 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
Nobody is scam about this. Maybe this is a HALVING factor. Bitcoin does have its own season. And he doesn't keep going down. I predict the price will touch US $ 20,000 by 2020. (Just a guess)

Bitcoin or its founders are not scammers but now some people around world making use of Bitcoin or many altcoins for scamming innocent people.They do it either through crowdfunding or mining of Bitcoin and many more Ponzi scheme.A person or investor who got scammed through it rarely think about reinvestment and when scams came into light many more who willing to enter this new market step back.This whole thing halt the progress of crypto market and new technology.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Epimetheus on August 19, 2018, 07:02:53 PM
Cryptocurrency is a virtual volatile currency so up and down in its price is not a big deal. It is a decentralised currency because of this their always show irregularity in its production and distribution and this thing affects its price. When a country ban its trading in their country then also its price falls down. Many time the negative news shows by media is the reason behind its falling market price. Cryptocurrency has no stable base and also run in a complex algorithm because of this many people did not believe it and some time many people consider it as a bubble. This type thing also affects its price.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: feelingfroggy on August 20, 2018, 04:41:45 AM
I don't think the market fell due to scams or anything of that nature.  I think it is being manipulated by large entities that are attempting to accumulate at these low prices.  It matches up perfectly with the price action of the last few weeks. 


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: martina14 on August 20, 2018, 04:07:01 PM
ETF is one of the reason, its rejection is not good.
hackers are one of the reason why bitcoin is getting weak also, but most importantly the people of the world and its holder is the main reason.
yes they are, weak hands are worse add the panic of their minds.
if they will be a good holders it will not happen.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: walemil on August 20, 2018, 04:47:15 PM
I did not hear about the particular scam upon mentioned. A scam involving such a huge amount of money should be heard almost everywhere.
I guess that what is responsible for the fall in the price of Bitcoin is the attraction of several new investors to it owing to the last year's ATH. Once many of them made gain and pulled out, the price started crashing.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Scavagers on August 20, 2018, 04:52:30 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
I am not aware of many scams out there but I think it is somehow related to the downfall of bitcoin and other cryptocurrency. The major dump of bitcoin is probably due to price manipulation. We all know that there are powerful individuals in the market,they are so called whales which are the huge market players. They can manipulate the price of a coin using their wealth for their own profits.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: BrittanyHorne on August 20, 2018, 04:53:45 PM
Good question. This is very helpful to all crypto workers. Especially at this moment. Everybody knows the market is in a very bad situation. But they didn't know what are the reasons for that situation. My idea is step by step BTC drops downwards. So most of BTC holders and BTC investors are really scared of this condition. So holders are selling all BTC and inventors are stopping make investments in the Bitcoin. So Bitcoin down. I think these are the main two reasons for that situation.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Gabriel1991 on August 20, 2018, 04:54:47 PM
I don't think, scam like this is responsible for the falling of BTC price. It's a digital currency scam like gujrat issue is happening everywhere. Actually lac of confidence among people is the main reason. If people can feather confidence then price will move forward.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Epimetheus on August 20, 2018, 06:21:25 PM
Cryptocurrency market rate are not predictable. It continously changes. Their are many reason behind its falling price. Some of its important reason are irregular in its production and distribution. This disturbance creat by different miner. Another reason behind the falling price of bitcoin is ban its trading in different countries. Some time bitcoin related with different criminal activities which cause fall in the price of bitcoin. When different company drop their share then the price of bitcoin falls.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Kakarot01 on August 20, 2018, 06:25:55 PM
The purpose behind the market decrease is that it has expanded excessively before the finish of 2017 so the revision is key. This has happened commonly when each such it becomes more grounded. This time it is no special case that it will recoup and develop emphatically later on.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Kakarot01 on August 20, 2018, 06:31:35 PM
Bitcoin and its authors are not con artists but rather now a few people around world making utilization of Bitcoin or numerous altcoins for misleading honest people.They do it either through crowdfunding or mining of Bitcoin and numerous more Ponzi scheme.A individual or financial specialist who got defrauded through it infrequently consider reinvestment and when tricks came into light numerous more who willing to enter this new market step back.This entire thing stop the advance of crypto showcase and new innovation.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: innocentlamb on August 20, 2018, 06:37:48 PM
I keep telling people that it's all a whale manipulation imo. The whales are playing with the poor souls and acquiring more cheap bitcoins while everyone is panicking. I expect by the end of the year BTC to reach at least 10k and more, but no new ATH record. We will see a new ATH as well, but it will be in the next years.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: cryptosharkk on August 20, 2018, 07:24:15 PM
Now  almost every second project is a scam project. I have no idea how in the future will be fighting against scam ico. ::) ::)
Many scam projects frustrate people to invest in crypto.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Athanasios Motok on August 20, 2018, 07:46:04 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
Why do you pay attention to bad news? Or why do you think it's bad news? Anti-advertising is also advertising. And the fact that stealing bitcoin or kryptonite, it suggests that bitcoin is very interesting to many people.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hidden_legend on August 21, 2018, 01:46:57 PM
I did not hear about the particular scam upon mentioned. A scam involving such a huge amount of money should be heard almost everywhere.
I guess that what is responsible for the fall in the price of Bitcoin is the attraction of several new investors to it owing to the last year's ATH. Once many of them made gain and pulled out, the price started crashing.

This article was published in Times of India news paper.You can read it here
https://timesofindia.indiatimes.com/business/india-business/bitcoin-fraud-how-investors-lost-rs-22000-crore/articleshow/65393687.cms
Latest updates about this scam is more worse.In this scam total amount now is 4fold to last one. Head of Bit connect India was arrested few days back.Here is the new updates about it.
https://www.ccn.com/indian-police-arrest-asian-chief-of-multi-billion-crypto-scheme-bitconnect/


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hidden_legend on August 21, 2018, 01:52:55 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
Why do you pay attention to bad news? Or why do you think it's bad news? Anti-advertising is also advertising. And the fact that stealing bitcoin or kryptonite, it suggests that bitcoin is very interesting to many people.

I am discussing the possible outcomes and reasons why Reserve Bank of India banned cryptocurrency trading etc in India.Its not the case of stealing its case of fraud.There is difference between scam/fraud and stealing.Scams/frauds create negative views within mind of potential investors and they think many times before risking their money.
Its human nature that we all at least pay attention to such news etc.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: cryptodv on August 21, 2018, 02:22:13 PM
Easy, word got around of the easy money being made...a bunch of retail investors got it, especially in $XRP...long time bag holders sold at the top leaving the newbies holding their bags. A lot of people were burned, people took out huge loans to get in, they are also rekt at the moment.
Organic growth maybe in the works. Who knows.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: xWolfx on August 21, 2018, 02:24:42 PM
There are multiple reasons why the Bitcoin/Cryptomarket fell this year:

  • Over $60billion was taken off the market in 24 hours
Like in any stock market, when a lot of holders sell, other people tend to follow reducing the price.
  • China and India threatens with tougher regulation for cryptos
The future is uncertain for those two countries in this matter, we will have to see what they are planning to do next. It would be no surprise if China figure out how to something to favor their own Coin.
  • Major banks banned the use of credit cards for buying Cryptocurrency
Banks like U.K. lender Lloyds Banking Group, J.P. Morgan Chase, Bank of America and Citigroup adopted the measure. We have yet to see if more banks will follow.


You can read more here: https://www.cnbc.com/2018/02/05/bitcoin-price-drops-below-8000-over-60-billion-wiped-off-cryptocurrencies.html (https://www.cnbc.com/2018/02/05/bitcoin-price-drops-below-8000-over-60-billion-wiped-off-cryptocurrencies.html)



Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hachiman13 on August 21, 2018, 02:41:22 PM
It all depends on the nature of the news. If majority is positive, people assume it to be a start of somethiing --probably a bull run-- otherwise the market dumps because of the FUD created by it. It might also be possible that whales are conniving and deliberately crashing the market to accumulate cheap coins.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Odlanyer on August 21, 2018, 02:48:54 PM
Its natural if the price of bitcoin and cryptomarket fall to be balanced because bitcoin can't bitcoin is always in the top it need to fall to balance. Don't panic if the price fall its normal wait until the price go back with stronger price.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: perova93 on August 21, 2018, 04:31:37 PM
every two years there is a sharp increase in bitcoin and the entire crypto market! there is no eternal growth and there is no eternal fall! on this it was predictable that after the growth in December, the market will fall!


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: rockie87 on August 21, 2018, 05:26:10 PM
There are main reason behind this fall can the lack of coins in working condition.According one survey within top 100 coins only 36% coins are in working condition and that shows the inability of coins to build their trust on investors.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Privatoria on August 22, 2018, 02:09:27 PM
The main reason is the small scale of the market. That is why it is unstable and can be easily destabilized. Therefore, large manipulators keep it at a low level to buy a lot of bitcoins and other reliable coins at a low price.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: zedrickjuls on August 22, 2018, 02:42:35 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???


This  negative news coming from different countries is one reason why crypto market fall because most people are relying on  what they heard on media so most investors are discouraged to invest in bitcoin because they are  also afraid to be scam.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Indamuck on August 22, 2018, 02:53:24 PM
I keep telling people that it's all a whale manipulation imo. The whales are playing with the poor souls and acquiring more cheap bitcoins while everyone is panicking. I expect by the end of the year BTC to reach at least 10k and more, but no new ATH record. We will see a new ATH as well, but it will be in the next years.

I don't think it will take very long to reach a new all time high, my prediction is 25k by the end of this year.  You would have to be a fool to sell at these cheap prices, whales are playing with us right now.   We have seen this situation play out time after time.  Whales bring the price up, dump, then keep repeating the cycle.  Right now they are in the accumulation stage before the next big pump.
'


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Jorosss on August 22, 2018, 02:58:18 PM
Many reasons for the cryptomarket fall the fact that users got panic selling. Sell even losing profit because they do not believes in the future of crypto. Possibly price change this year it would increase.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: redtag070 on August 22, 2018, 03:32:58 PM
One of the reasons for bit coin decline is that investors are away.
I think that new investors do not put money.

One of the reasons is many ICO fraud of coins and abandonment of projects.
Many people are wary of new speculation in the virtual currency. Even if it goes up in this state, it will not exceed the end of last year.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: stiffbud on August 22, 2018, 08:38:03 PM
Their are some reason which justify why bitcoin price falling down. First of all bitcoin is a virtual decentralised currency. Because of its decentralised nature many government doesn't accept its trading and uses in their country. And when an country ban it in their country then the negative effect show on its price. Another thing which also cause in decrease the rate of bitcoin is its irregularity in its production and supply. So these are some reason behind its falling price.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Fenixsfeather on August 22, 2018, 08:43:11 PM
Scam? What do you mean? I guess it is speculations, because I see micro fallings and bitcoin don't go under 6200.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Bellator on August 22, 2018, 10:02:01 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
It is falling i think its because of the panic sellers,the spreading FUDS of bitcoin that make other countries to unaccept bitcoin in their place.Continous drops also caused from big whales that manipulates the market through the coins that theyre holding.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Fire316 on August 22, 2018, 10:11:11 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

    All i know only demand and supply affect the changes of price of one goods or profucts. Bitcoin i think facing any correction in the market at this moment but it will soon rise higher again.Just stay positive to earn more.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: kamBlanV on August 22, 2018, 10:22:33 PM
yes, crypto fraud has become one of the reasons the bitcoin market crashed, high sales and low purchases are also factors that make the crypto market destroyed.

so, I think that market conditions today are influenced by negative factors that make bitcoin fall drasatically.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Soots on August 22, 2018, 10:37:31 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
It is falling i think its because of the panic sellers,the spreading FUDS of bitcoin that make other countries to unaccept bitcoin in their place.Continous drops also caused from big whales that manipulates the market through the coins that theyre holding.

Those negativities had caused us a lot of troubles, and if you analyze the scenario that had been poisoned every persons mind they've been manipulated deeply. This has been put a lot of traders to be panic at any certain aspects that could pull down the market as well. If the whales will not help us this coming months, I don't think that the market will recover fast as we have expected but the hardest thing for this was volatility caused unpredicatable market.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Xardasim on August 22, 2018, 11:00:34 PM
In my opinion the best reason is that people are already tired. Because we have not seen good news this year, and each day goes even worse. As if someone put a limit on price.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Diced90 on August 22, 2018, 11:04:54 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

    All i know only demand and supply affect the changes of price of one goods or profucts. Bitcoin i think facing any correction in the market at this moment but it will soon rise higher again.Just stay positive to earn more.

I agree with you on that the demand and supply are key to setting the market price. Nonetheless, these news you stated along with the fake news do add to the turmoil as new investors are tricked and start selling out.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: sebastianAndrei on August 22, 2018, 11:05:24 PM
yes, crypto fraud has become one of the reasons the bitcoin market crashed, high sales and low purchases are also factors that make the crypto market destroyed.

so, I think that market conditions today are influenced by negative factors that make bitcoin fall drasatically.

You know why its easy to fraud people using bitcoin? Its because no government agencies or regulators managing and limiting the persons capability in the crypto space.

On its value it is highly affected by people who are panic selling their bitcoin with a very unreasonable price or others who have a lots of holding but hoarding it until the price go boom again.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: ansarose1 on August 22, 2018, 11:05:43 PM
I am not expert in market price situation but in my idea, decreasing the price and increasing is because its the normal activity of the market, to be able to balance the coins in the market, some are going to increase and some arebto decrease, there is no balance if all the coins are just only increasing.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: kotajikikox on August 22, 2018, 11:16:01 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???


Bitcoin is good people is bad because they use bitcoin in weong ways to get earn yes one of the reason bitcoin fail becuse of the scamm wth the following reason falling down their price.
1. The most poison giving negative mind from all newbies fake news
2. The hackers have also an effect of the price dump
3, most specially people afraid to invest in bitcoin because a lot of scammers around there

But all of this is trials for all bitcoin ethusiasm need to be strong and be carefull for all decision to avoid any risk.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: IamKnowledge on August 22, 2018, 11:20:25 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???



Bitcoin being a volatile currency can rise and/or fall at any time depending on several factors . It is true that there are scams around. Scam has always been even fiat currency for several years now. So i would not attribute the fall of bitcoin to scam. Besides this is not the first time bitcoin has fallen.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: nydiacaskey01 on August 22, 2018, 11:27:12 PM
I see 3 reasons why there's a sudden fall of Bitcoin and Altcoins. One of them is the anticipation of SEC decision of ETFs or Exchange-Traded Fund. Another is the on-going Chinese Ghost month festival where Chinese investors do not make any business decision until from Augist 11 - September 9 in fear of bad luck and lastly they say there's a manipulation going on but very little proof to back up that claim.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: tabas on August 22, 2018, 11:33:09 PM
The scam has a big cause for new investors to come in but that doesn't do much with the current setting of the market. Bitcoin/cryptomarket is a speculative market so speculations are very much important but bad news really is impacting the fall.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Dilnaz Bota on August 23, 2018, 06:25:47 PM
In my opinion potential regulations could be a major reason behind the downfall of crypto currency. It is never ever possible to regulate crypto currency as it is not centralized system and no one has the authority over it.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: btCHOOop on August 23, 2018, 06:28:38 PM
Currently the crypto market is full of scammers. This is really upsetting for investors and crypto users as well. Maximum ICO projects people have found promising turned out scams. So due to this crypto market is drowning.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: 1van__ on August 23, 2018, 07:01:28 PM
I think that just yet not all people took it for granted, but bitcoin will still take its own, in 2019 it will rise in price and beat its last year's record


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: *kimcil* on August 23, 2018, 07:03:33 PM
Crypto-currency markets and other online trading trends are about news sentiment and that is why they all call it a speculative market. Any news that comes out always affects the market that can be borne to bear the day or bull to go up. It all depends on whether the news is positive or negative.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: nick_nick on August 23, 2018, 07:09:17 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Neither scam nor speculation, I believe that after ETFs are approved (ever), Bitcoins will be dominating the whole market at an extremely out-of-reach level which none of the alts might be able to achieve. The reason for Bitcoins' fall was, Bitcoin grew so gradually last year (literally without any reason, but it was all the speed of patience that was held for years before that spike). Considering my analysis over Bitcoins, I can say that every time Bitcoin spiked, it used to come back down to levels that were at least 1/4th or 1/5th, I think Bitcoin has already reached its bottom this year and it should carry the rally from now on by taking over the markets with great events coming one by one.

Quote
Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

I believe this might be true in a case if those scammers were (ever) able to DUMP Bitcoins over markets.
If things are busted, I believe that their effects would also get over sooner, because everything is clear and Bitcoins are (maybe) under the possession of authorities from that point of time because they might auction those coins or may never let us us, which may then be considered as burnt coins as they won't be coming to the markets as the country (India) is not in favor of crypto (not at least currently).
I share the same opinion as yours. I strongly believe its neither speculations nor scam but the spike experienced in 2017 was quite dramatic and bitcoins would certainly take some time in 2018 leverage . Patience is the key for now, BTC would surely bounce back


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: CrimBit on August 23, 2018, 07:14:58 PM
I think there are many reasons why the price of bitcoin has dropped, the main reason is the spread of bad news that affects supply and demand, because many investors are panicking to sell their bitcoin because they are easily fooled by the spread of news, this makes the price of Bitcoin falls and it is difficult to rise again, because big investors are afraid to reinvest. first learn about bitcoin, before you start investing in crypto, it is very important for you to have knowledge about bitcoin, and for you to know what is best to do when prices go down.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: tsinelas on August 24, 2018, 02:33:59 AM
marked 5 reasons for that:
Tax Season
Potential Regulation
Mt. Gox Weight
China’s Relation to Cryptocurrencies
Google’s (as well as other social media) ban on Cryptocurrency
I think the biggest hit in this 5 reasons is the china's relation to cryptocuurency. As the government banned crypto the investors decided to have low profile or (lie low) in crypto. But we doesn't have any factual proof in this. It is just my idea.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: jayveerastrullo on August 24, 2018, 06:54:07 AM
There are many reasons like some says that crypto has been hacked. Some says because of volume distribution. But for me the main reason is the trading itself. We cause the drop and increase so where the main reason. Some wants to sell at big amount some buyer buys for low amount.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: denzkilim on August 24, 2018, 07:08:51 AM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

    All i know only demand and supply affect the changes of price of one goods or profucts. Bitcoin i think facing any correction in the market at this moment but it will soon rise higher again.Just stay positive to earn more.

I agree with you on that the demand and supply are key to setting the market price. Nonetheless, these news you stated along with the fake news do add to the turmoil as new investors are tricked and start selling out.
Definitely, Those newbie investors are the main target of those FUDSTERS especially those media people who keep on spreading FUD against Bitcoin to make those weak hands start to panic selling their hodlings. We all know that fake news has a large impact on the crypto currency realm and those newbie investors are doing exactly what the FUD spreaders wanted to do with. Just what I always say acquiring a lot of knowledge before investing is a must rather than investing for the sole purpose of getting a lot of profit that is fuelling the greed of every people. And one more thing Bitcoin isn't created for investing but with its decentralized nature it became an investment medium and a lot of greedy people are hooked up with it. ;D


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: davhek on August 24, 2018, 07:17:42 AM
The huge price increase we’ve been through was caused by many buying cryptos without even knowing what they are investing in, hoping to make huge profit overnight. It was obvious that it has to stop at some point, and knce people started loosing money everybody was panic selling. Now regular people are afraid to invest while bigger players are taking the oportunity and adding more while waiting for the ETFs and some regulations


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Ava Duvall on August 24, 2018, 07:22:01 AM
In my opinion the best reason is that people are already tired. Because we have not seen good news this year, and each day goes even worse. As if someone put a limit on price.
i agree. high expectations were raised and not exceeded . people don't want to wait anymore, they want to see positive change


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Andrew S on August 24, 2018, 07:39:40 AM
It seems more to me that the reason for the fall is that after a strong take-off everyone wanted to withdraw their money from the crypto currency, and so demand began to fall, and therefore, the currency, too.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: comeinwiththe on August 24, 2018, 08:38:35 AM
I like to participate in different forward-looking ICOs’, that’s why I’m always searching for the best ones. TalentSnap seems to be quite interesting for me, as I’m planning to use this platform for my company. BTW I’ve joined Pre-ICO Sale! ;)


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Aikidoka on August 24, 2018, 08:55:21 AM
I can hardly believe the news that people give, there is so much information that I can not know the news is reliable, so I always hold my BTC until the price increases again.
That is right, you should never trust anyone especially the media because it is just making people fear so they sell their bitcoins. I really do not like media in general. It always spreads rumors and propaganda. And who is all behind this? The ones who are opposing bitcoin, especially the banks because it is a threat to it. You should not blame media, but you should blame people who believe every thing the media says.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Fretcy on August 24, 2018, 09:41:46 AM
  Every cryptocurrency let it be  Bitcoin or ethereum had suffered great losses over the past several weeks . We cannot actually guess what is the real reason behind Bitcoin or cryptomarket falls there are several factors that affect the price of Bitcoin .The volatility of Bitcoin is expected the journey to become a mature asset class  we can expect the volatility to continue throughout but we can believe that Bitcoin is still in a bull market ..The market manipulation and panic in selling may be the main cause for the fall behind Bitcoin price .


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Uad on August 24, 2018, 09:49:00 AM
I can hardly believe the news that people give, there's so much information, It's just a healthy correction, and mt gox also dumped a lot of bitcoins, there's nothing to panic, just be patient and wait until the market selects a backup so I always keep my BTC until the price again increases


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Tobt on August 24, 2018, 10:37:44 AM
Bitcoin price can fall for several reasons. It can be volatility, spreading bad news about the bitcoin and many other. So, before you enter the crypto world must know the back ground and image of bitcoin, so that you are not being influenced by any bad rumors!


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hidden_legend on August 24, 2018, 12:57:19 PM
I see 3 reasons why there's a sudden fall of Bitcoin and Altcoins. One of them is the anticipation of SEC decision of ETFs or Exchange-Traded Fund. Another is the on-going Chinese Ghost month festival where Chinese investors do not make any business decision until from Augist 11 - September 9 in fear of bad luck and lastly they say there's a manipulation going on but very little proof to back up that claim.

You reveal some new interesting facts.I think not only in China but in many more countries people specially investors believe in good/bad luck.They choose certain periods to invest.I think the big investors who first opposed Bitcoin and crypto market now want to enter and for that they play manipulation games as they do in other financial markets.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hidden_legend on August 24, 2018, 12:59:32 PM
I can hardly believe the news that people give, there's so much information, It's just a healthy correction, and mt gox also dumped a lot of bitcoins, there's nothing to panic, just be patient and wait until the market selects a backup so I always keep my BTC until the price again increases

The 2 news I shared in my starting posts are already proved true and investigations are going on.Many people already complained about those scams to police and many people connected to those scams already arrested.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Towntrap41 on August 24, 2018, 01:09:26 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
Yea, negative news also lingers in the market, this kind of news most scares people away from Bitcoin especially those who know no or Less.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Baby Dragon on August 24, 2018, 01:28:19 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
I think there some reason that affects the fall of bitcoin. Bitcoin is full of scammers that is why we need to be aware of everything. We need to have enough knowledge so we can easily overcome some situation like this and dont trust anyone.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: ShutterTeeth on August 24, 2018, 02:00:11 PM
There are various reasons why bitcoin price falls. Like-  negative news about the bitcoin, volatility and many more. And all these are very normal. You have to have a clear knowledge about the bitcoin and its image.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: FunZedCrypto on August 24, 2018, 05:27:24 PM
Market fluctuation is very normal. And there are various reasons of falling the bitcoin prices, like- volatility, spreading negative news that affects the demand and supply. So, before entering the crypto market you will have to understand all the things that can happen. Bitcoin will be soon in its track again!


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: nikogluttonym on August 24, 2018, 05:30:20 PM
The reason for the frequent drop in bitcoin in 2018, I think in the main, is connected with regulation and prohibitions.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: pxo1106 on August 24, 2018, 05:40:44 PM
One of the reason on the behind bitcoin and cryptocurrency is the necessity of the businesses to innovate and make something new - something profitable, feasible, easy access and sophisticated. Thus, the technology of blockchain and bitcoin make used of such realization into something big and new - something that we could say future.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: krishnaverma on August 24, 2018, 05:44:06 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

A lot of factors contribute together. Like:

1) So many new coin coming up. Total investment gets divided.

2) Scam coins which affect trust of people on crypto.

3) Price manipulation by whales especially in alt coins


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: GoldenShark on August 24, 2018, 05:45:41 PM
There has been case of speculation, manipulation by pump and dump and some greedy investors who helped the market to crash this way. The fake hype created around bitcoin ETF played a big role here and taking the advantage of the situation the sharks played a pump and dump game. Also the investors who exchanged their Altcoins to BTC were responsible for such condition.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: prikitiw on August 24, 2018, 05:49:37 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
Fraud does not affect the price of bitcoin, the reason why bitcoin prices fell due to market demand. However, there are some problems that can affect prices because negative news about bitcoin has been banned or bitcoin hacked. This problem in my opinion can influence it because of the security and state adoption problems in the use of bitcoin.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Vickyrichy on August 24, 2018, 05:55:51 PM
There are a lot of reasons behind bitcoin/cryptomarket fall. People believe the speculations made by the media is the main reason behind the crypto market fall. But i think we are the reason behind the market fall. We refuse to accept the idea behind bitcoin/cryptocurrency....


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: cizatext on August 24, 2018, 05:57:42 PM
Well many factors are responsible for this and since bitcoin depends on the economic law of demands and supply it price will be greatly affected by it level of demands in the market, and other factors such as you have mentioned like scam and dumping of the market. This all contributes to the fall in price.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: texlipsy on August 24, 2018, 06:18:24 PM
Before all the reasons, it is the economic crisis that we should not think about. what influences the crypto money market the most is demand. but the fear of crisis keeps people away from crypto money.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: nagasaking on August 24, 2018, 06:22:01 PM
Every cryptocurrency lets Bitcoin or ethereum suffer heavy losses over the past few weeks. We cannot really guess what the real reason behind Bitcoin or cryptomarket falls is that there are several factors that influence the price of Bitcoin. Bitcoin volatility is expected to travel to become a mature asset class. We can expect volatility to continue.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: mendra_2009 on August 24, 2018, 06:26:44 PM
The ban on the use of cryptocurrency or bitcoin by a country is one of the causes of the fall of bitcoin, besides that of course the political, economic, and other problems that occur in the world can also affect the fall of bitcoin.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: mooccowmoo on August 24, 2018, 06:33:58 PM
One of the reasons behind bitcoin and cryptocurrency is the business need to innovate and create something new, something that is profitable, feasible, easy access and sophisticated, something we can say in the future.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: icxC on August 24, 2018, 07:20:06 PM
During the hearing for the ETF proposal, there was a lot of hype circulating Bitcoin and a lot of investors converted their ALTs to BTC. When the ETF proposal got rejected by SEC the market started becoming bearish slowly. Moreover, the people who abandoned ALTs made the ALT market to crash as a result the market saw huge unrest for last few days.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: erichall on August 24, 2018, 07:56:10 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

The downtrend is a result of parabolic growth, ie, too quick of growth upwards. As for scams, they will always exist and one must do due diligence in order to make wise investments,


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Vengeance007 on August 24, 2018, 07:56:48 PM
The main reason behind the recent crash should be speculation regarding the Winklevoss' ETF which got rejected afterwards and the market crashed badly due to this. However, after the recent correction of the market it has become quite stable right now and hopefully, it will revive more in the coming days.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: TOYOB BISWAS on August 24, 2018, 08:40:05 PM
Frauds are the reason behind the fall, but they are only a small influence in this entire drastic fall. It could that the investors withdrew their investments because they got their profits, because in the end most of us are not dwelling in the market for the long term. Also there is all the fuss about ETF which has caused the price to fall too.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: m.awanda on August 24, 2018, 09:27:59 PM
the sole reason cannot be fraud. The news with the ETF is one of the major reason that the price of BTC fell so drastically. If it gets approved by the SEC, chances are high that the market will get some stability again.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: www_blockchain on August 24, 2018, 11:00:53 PM
No one knows the exact reason for the fall in the price of the crypto currency, and it is absolutely not necessary to know it. The technology that the crypto currency gives us is unique and will develop, so this small drop should not be worried.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Bonsaiav on August 24, 2018, 11:20:54 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

Bitcoin isn't SCAM, everyone here including you might know, that bitcoin's just a tool or medium to speculate, that someone uses to enrich themselves. Everything's called a tool or media, which everything's very susceptible to abuse as is the case with fiat money that we use every day. So, those who do SCAM are human and not bitcoin. Honestly, I don't accept if you say bitcoin's a SCAM.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: teklang01 on August 25, 2018, 04:47:45 AM
I really don't have idea the reasons behind bitcoin fall but maybe there someone behind the price decline, someone manipulate it plus the media attack that causes negative image to cryptos.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Duogembrot on August 25, 2018, 05:27:09 AM
usually the reason why crypto market will fail because they might fail when maintaining the security level of the market so that eventually they make a loss because their assets were stolen by hackers and finally the market collapsed.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: ratatat bangbang on August 25, 2018, 06:23:57 AM
In my own opinion, the reason why bitcoin or cryptomarket fall because of the number of investors who cashing out their investment. I guess it can totally affects its value. Being scam or loss of funds could also be the reason why it fall.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: trauchot on August 25, 2018, 06:32:53 AM
The market manipulation that is used by big players to merge the market to the minimum possible and in accordance with the time convenient for them to start the reverse action, namely, investments in the market. Also negative news and bans of various governments to use the cryptocurrencies.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hidden_legend on August 26, 2018, 12:28:26 AM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

Bitcoin isn't SCAM, everyone here including you might know, that bitcoin's just a tool or medium to speculate, that someone uses to enrich themselves. Everything's called a tool or media, which everything's very susceptible to abuse as is the case with fiat money that we use every day. So, those who do SCAM are human and not bitcoin. Honestly, I don't accept if you say bitcoin's a SCAM.

Please read my post again.I am not calling Bitcoin a scam. I am discussing that whether reasons behind Bitcoin's and whole crypto market fall are SCAMS(Like one I mentioned there about my country where Bitconnect used Bitcoin a medium to cheat investors) or SPECULATIONS???
I never say Bitcoin itself a scam.I know its very useful innovation of current Era.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: aray80 on August 26, 2018, 02:58:04 AM
One of the causes of the decline in bitcoin is because of the lack of purchase value because one of the things that can change the price of bitcoin is from the amount of purchase value and selling value...


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: MochaDeny on August 26, 2018, 04:10:28 AM
Do not panic about the drop in Bitcoin's price. It is an overreaction to the news that Bitstamp, Coinbase, itBit and Kraken are being investigated for price manipulation. This will delay the bull market by no more than 30 days. Don't buy into the fear.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: sirohige on August 26, 2018, 04:23:05 AM
usually the reason why crypto or bitcoin market failed and collapsed was probably because the security of their market was so weak that it made their market very easy to steal and eventually made the market fail and collapse.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: DavidBolster on August 26, 2018, 08:33:32 AM
There is no reason behind this because this is a business and in every business ups and down is a very natural thing and we need to accept this.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: ribowo76 on August 26, 2018, 09:00:05 AM
I agree that some say there are many factors that have caused a decline in bitcoin prices this year. And one of them is possible, because the SEC has not given permission for bitcoin ETFs. I don't know what the reason is. I can only hope that this condition will soon recover


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: King Bounty on August 26, 2018, 11:42:40 AM
the reason might be because market prices have risen too high and now it's time for market prices to come down and rest.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: ballexplorer on August 26, 2018, 02:35:10 PM
The entire crypto market reacts to the daily news. This will continue for some time. That is why it is best not to watch every day after the classes.
The Bitcoin price has risen in the last weeks and months in a rage of about $ 2000. If the price goes up to the limit you can take profits, the price goes down you can buy cheap.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Sebas.tian on August 26, 2018, 03:10:08 PM
the reason might be because market prices have risen too high and now it's time for market prices to come down and rest.
Right. The prices now are much more organic and healthy compared to those prices last December.

There is no reason behind this because this is a business and in every business ups and down is a very natural thing and we need to accept this.
Bitcoin isn't a business; it is a currency so comparing it to such entities are wrong. Actually, IMO, the reason for this price depreciation is the lost of public interest in cryptocurrency in general.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Reid on August 26, 2018, 03:18:16 PM
Mostly hard dumps are coming from news which are being bought by weak hands.
Sold by the whales and they bite into it.

I do think as of now there is a larger percentage of those who cannot let their bitcoin be intact due to the news and speculations that have been scattered all over social media.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Luthfiyaaa on August 26, 2018, 03:21:48 PM
maybe prices go down because of manipulation, big investor holders are manipulating prices to get more profit from our panic. it is the reason why prices go down, because there are those who want to find more profits.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: AlexAtom on August 26, 2018, 03:59:13 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

There could be many factors in cryptocurrency fall but surely it is not because crypto is scam. Some peoples said because SEC decision regarding the ETF.
I heard that speculators take advantage of SEC delayed decision to manipulate the market price.
Maybe the time will tell us, when the market back to normal.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Vritesh on August 26, 2018, 05:53:12 PM
In my opinion the main reason behind the fall of any cryptocurrency is the investors.We people are responsible for the rise and falls in the value.We people often sell out our Bitcoin's whenever we hear something negative about it.This leads in a huge drop in the value.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hidden_legend on August 30, 2018, 10:09:04 AM
usually the reason why crypto or bitcoin market failed and collapsed was probably because the security of their market was so weak that it made their market very easy to steal and eventually made the market fail and collapse.

Yes this is also one of the reason that security of funds is very weak and lack of regulation make it more dangerous.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hidden_legend on August 30, 2018, 10:15:17 AM
the reason might be because market prices have risen too high and now it's time for market prices to come down and rest.
Right. The prices now are much more organic and healthy compared to those prices last December.

There is no reason behind this because this is a business and in every business ups and down is a very natural thing and we need to accept this.
Bitcoin isn't a business; it is a currency so comparing it to such entities are wrong. Actually, IMO, the reason for this price depreciation is the lost of public interest in cryptocurrency in general.

I agree that market price now is at its actual price.But Scammer used Bitcoin or other high ranked cryptos to cheat money from investors like BitConnect did with Indian Investors.I heard in news that now big exchanges and some prominent crypto legends joining hands to clean scammers out of this market.I hope they will succeed in their mission.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: AllenTurner on August 30, 2018, 11:01:30 AM
There are a lot of reason that are responsible for the fall of bitcoin and among them I think the lack of regulation is the most important fact.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: scorpioner123 on August 30, 2018, 11:02:57 AM
The decrease of bitcoin occurred due to the inadequately offer of bitcoin and this deficiency of offer is because of the absence of trust of beginner speculators that they have on bitcoin because of its unpredictability and furthermore in light of the tricks that include bitcoin.If the organizations won't take serous activities then it won't conceivable to recoup the former stage o bitcoin rates and misfortune will likewise never again recuperated.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Harlot on August 30, 2018, 12:18:23 PM
The post in your op is a typical question of a newbie falling into some news and believing it afterwards, even if I don't verify the news myself I know that it is not the one who affected the prices of Bitcoin, we are on a bear market an corrections and dives are bound to happen this fake news media only creates the news after the fall or rise and will link anything to have some kind of juicy article that will be hit in the market which of course they will benefit from the traffic they are receiving for their website.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Legone on August 30, 2018, 12:50:04 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
Here's some reasons behind crypto market fall;
Different rules and regulations are being issued by the governments of different countries.
Most of the cryptocurrency exchange stopped accepting fiat, cryptocurrencies, and trading. Users are required to fill their actual KYC details to trade cryptocurrencies.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: block2point0 on August 30, 2018, 12:53:22 PM
Bitcoin market is falling continuously because ETF rejection many investors are waiting for approval of ETF. but we are getting rejection because they are worry about price manipulation and they don't like bitcoin make more stronger. if we say market is in downtrend than this is wrong because now price is more than August 2017 and we are doing comparison from bitcoin ATH of December 2017 because market can't stay forever on top. in upcoming months we can see good uptrend for crypto market.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Daybreak76 on August 30, 2018, 04:29:53 PM
There a many reasons behind this but the most important reason is I think Google put ban on bitcoin and  the lack of regulation and the issue of China also included.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hidden_legend on September 01, 2018, 05:39:42 AM
The post in your op is a typical question of a newbie falling into some news and believing it afterwards, even if I don't verify the news myself I know that it is not the one who affected the prices of Bitcoin, we are on a bear market an corrections and dives are bound to happen this fake news media only creates the news after the fall or rise and will link anything to have some kind of juicy article that will be hit in the market which of course they will benefit from the traffic they are receiving for their website.

Brother, yes I am only one year to this market but the news is true.This is not a fake news but BitConnect did a scam.BitConnect India head and many more people linked with this scam arrested.Amit Bhardwaj another scammer arrested in bitcoin mining fraud.These kind of scams could be the reasons behind market fall because a huge amount of money disappear from market through scams.New investors think or maybe never think about to enter this market because of these scams.Security of their funds remain always on stake.
Yes correction is also another factor responsible for market fall.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Pursuer on September 01, 2018, 05:55:09 AM
Here's some reasons behind crypto market fall;
Different rules and regulations are being issued by the governments of different countries.
Most of the cryptocurrency exchange stopped accepting fiat, cryptocurrencies, and trading. Users are required to fill their actual KYC details to trade cryptocurrencies.

- rules and regulations have been issued for bitcoin for a while now. in fact last year the regulation of bitcoin by Japan and 2 other countries led to a huge bitcoin rally. so you can't say regulations is the reason for the price fall.
- nonsense. exchanges were always asking for KYC if they were accepting fiat. the big exchanges for instance such as Coinbase, Kraken, .... have always been requiring KYC and users to submit their documents. you are confusing some altcoin exchanges such as bittrex asking for KYC with bitcoin exchanges!


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Ezenwanyi1 on September 01, 2018, 06:05:37 AM
The major factors that have constituted to the fall of cryptocurrency market in recent time are:
Unfounded rumours about government ban and interference.
2. Price manipulation by the big market players.
3. Negative statements from investors/traders.etc


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: pat4cryptoreal on September 01, 2018, 06:13:09 AM
There are so many factors that usually contribute to bitcoin or cryptocurrency market fall. This factors directly leads to low demand and high supply, high supply here means everyone will rush to sell. This factors are news of an exchanger being hacked, news of government regulations, some countries banning cryptocurrency etc.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Seunbabatunde on September 01, 2018, 06:23:28 AM
One of the reason is this, Bitcoin investors in the United States are selling off their crypto to pay off capital gain tax.First-time investors in Bitcoin are faced with large capital gain taxes from the profit they made in 2017. Reports show that they are now selling off quickly before they file their April taxes.You’ll recall that the IRS made an announcement in 2014 that cryptocurrencies are defined as property and not currency.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: bitfocus on September 01, 2018, 07:07:08 AM
Greed and stupidity - no other reason, we should be truthful to ourselves, we wanted quick and risky money, whales played us.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Bugcoin5 on September 01, 2018, 11:25:59 AM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
I think Cryptocurrency prices are dropping mainly because of a lack of confidence in the market and also the Wall Street Journal released an article about the price fixing investigation that caused a major sell-off.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Lankabc on September 01, 2018, 05:29:03 PM
I think reason behind bitcoin, cryptomarket fall is uncertainty that occurs in the market. no one knows that bitcoin price will move due related news. so bitcoin is taking its time. once the uncertainty goes away, Market will started to move up. I wish If bitcoin goes back to $3000. Then people who they should buy BTC. Then market will  rise rapidly as bull run starts.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Bakugan on September 01, 2018, 06:01:17 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
I think scam is one of those reason that makes bitcoin fall, its really hard to determine who is scammer is that is why we need to be aware of everything. I think there is more specific reason behind the bitcoin fall.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: KagiSama on September 01, 2018, 07:04:18 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
in my opinion, bitcoin price fall caused by many things, such as a scam, hack, and also blocking of large countries such as China and the USA. but in my opinion the most influential is scam and hack. not a few people lose their tokens and coins due to lack of security in exchange or because of their own negligence, this causes fear and reduces investor interest in investing.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Ale88 on September 01, 2018, 07:07:15 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
The problem is not this bear phase, the real problem was the insane bull run during last winter, it couldn't be something normal, it was out of control, so clearly we had to expect something like this.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: AfterHot542 on September 01, 2018, 07:25:12 PM
To me the main reason is google ban crypto and bitcoin and it fall deep impact on the people because almost every people trust and use google.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: tekhesaplar on September 01, 2018, 07:39:35 PM
Scam projects are decreasing bitconin reputation. But the cause of the big think of bitcoin, people at the peak of the bull season, invested.
Then it is lost.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: hadibeabi on September 01, 2018, 11:41:16 PM
Both affect this situation. Constant scam icos and supershots. In fact, the operation of infiltration into the pool, the project of whales, is ongoing. I hope the bitcoin will rise again.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Lexurdania on September 02, 2018, 02:07:16 AM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

I am believe bitcoin scam in Gujarat is not real bitcoin. Some peoples scam others using bitcoin name. I think in any market, when market growing people will tend to speculate and hoping make profits from that speculation. Its very usual market volatile because some investor want to speculate on the price and some people want to invest for long term


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Legwist on September 02, 2018, 04:38:56 AM
In my opinion one of the reason why cryptomarket fall is ourselves the owner of the crypto. We too sensitiv with news that exists, so it appears a little bad news about crypto we instantly panicked and chose to sell our crypto. So from now try to learn to think positive that world crypto will persist in the future.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: jessica1285 on September 02, 2018, 04:43:16 AM
Normal correction, the deeper the correction the greater the growth in the future .


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Janation on September 02, 2018, 04:48:37 AM
Both affect this situation. Constant scam icos and supershots. In fact, the operation of infiltration into the pool, the project of whales, is ongoing. I hope the bitcoin will rise again.

Bitcoin will rise again, that is Bitcoin since Bitcoin is a cryptocurrency that is so volatile. Some of the movements of the price of Bitcoin should not be minded since most of them are just the effect of it being a volatile and a decentralized cryptocurrency.

The price of Bitcoin is always happening in these -BER months and I hope it does it like how it Bitcoin done it in the past year where it really passed our expectations and reaching another ATH that is so unbelievable.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Charlessy on September 02, 2018, 12:16:39 PM
In my opinion one of the reason why cryptomarket fall is ourselves the owner of the crypto. We too sensitiv with news that exists, so it appears a little bad news about crypto we instantly panicked and chose to sell our crypto. So from now try to learn to think positive that world crypto will persist in the future.
I agree with your opinion,  the crypto market fell due to negative sentiments from various parties who disliked bitcoin getting bigger. Bitcoin can be a currency that is used throughout the world because of its simple way of working, peer to peer, the role of banking is declining, so the government cannot control the price of bitcoin. So a lot of negative sentiments were exhaled so bitcoin holders panicked, then sold at falling prices.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Checkoi on September 02, 2018, 12:21:32 PM
one and most important reason is the manipulation of whales in our market with you and just this reason and pulls the whole market down


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Nnedaddy1 on September 02, 2018, 12:42:51 PM
The reasons are not far fetched ....ranging from
Spreading of fud.
Unfounded rumour.
Big market players factor.
Government rumoured interference.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Dmitry.Vastov on September 08, 2018, 01:13:11 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???


****Note(02/09/2018):- Hi Friends,
Thanks for the discussion.I just want to clear few points that I never call Bitcoin a scam.I am just highlighting a news published in a top most news paper of my country.Bitcoin is used to scam people by BitConnect.Latest update about this scam is much more money involved.
From that news following points came into light:

1) A big chunk of money disappear from market because scammer run with that money.
2) The investors who already invested never think or maybe hesitate to invest again.New investors if came across this news try to avoid this market.
3) Because of these kinds of scams RBI and Govt. of India try to restrict transactions related this market which intern affect this market.
I read same kind of scam cases came into light from different countries like Indonesia, Malaysia,Thailand, Japan, Canada UK etc....

I also read a news that many prominent crypto exchanges and crypto personalities joining hands to ride out these kind of scams.I hope they will succeed in their mission.

More over this post is not to panic any one but to discuss and spread awareness about this new market.
All the crypto currencies are the great investment of the present times and thus now there are more people in the world who are investing into these crypto other other than other kind of investment and apart from being a kind of investment they all are volatile in nature and thus there valuation keeps on flactuation with time according to market demand and supply, as there is now more negativity of bitcoin so there is less demand of bitcoin as people are fearing in investing in crypto and thus leads to decrease in valuation but still there are assumptions that the valuation of these crypto will increase in coming months of this year.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Brightcrypto on September 08, 2018, 01:41:24 PM
Bitcoin price has been fluctuating to raise up to a higher price like wise other Crypto Coin in the trading platform.
Therefore Crypto really need more investors towards the community for a better standard of demand and supply towards the factory.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: fosco333 on September 08, 2018, 03:47:50 PM
Well, if you ask about the reason behind its falling, many factors have take a part in the falling of crypto market.
Some peoples with huge amount of coins could have selling their coins in a large amount, in other words, dumped it.
Plus the ETF waiting approval in SEC decision maybe one of the factors too.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Wangbo28 on September 08, 2018, 03:53:41 PM
One of the reason why crypto market still falling because there has been a lot of hype lately but that's normal and also People are selling cryptocurrencies to cover personal expenses at the end of the year; that drove the beginning of a negative trend that the media picked up on and was exacerbated.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: northcoin2018 on September 08, 2018, 03:59:49 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???


****Note(02/09/2018):- Hi Friends,
Thanks for the discussion.I just want to clear few points that I never call Bitcoin a scam.I am just highlighting a news published in a top most news paper of my country.Bitcoin is used to scam people by BitConnect.Latest update about this scam is much more money involved.
From that news following points came into light:

1) A big chunk of money disappear from market because scammer run with that money.
2) The investors who already invested never think or maybe hesitate to invest again.New investors if came across this news try to avoid this market.
3) Because of these kinds of scams RBI and Govt. of India try to restrict transactions related this market which intern affect this market.
I read same kind of scam cases came into light from different countries like Indonesia, Malaysia,Thailand, Japan, Canada UK etc....

I also read a news that many prominent crypto exchanges and crypto personalities joining hands to ride out these kind of scams.I hope they will succeed in their mission.

More over this post is not to panic any one but to discuss and spread awareness about this new market.
The price falling is not new actually it is a trend all ready here in bitcoin you should know when to play your cards properly because the price could go up in certain unexpected moments and when you were lucky and observant enough to catch this moments you are indeed a fortune maker even in a slit of seconds.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: EtherATM on September 08, 2018, 11:45:15 PM
The ban on the use of cryptocurrency or bitcoin by a country is one of the causes of the fall of bitcoin, besides that of course the political, economic, and other problems that occur in the world can also affect the fall of bitcoin.
Volatility is the major characteristic of bitcoin or cryptpcurrency. Nevertheless, with highly volatile, bitcoin will definitely have an increase soon. Next, with some people especially with those who do not understand much about the market, have panic selling. Beginner is such a case in point. As we all know that crypto market covers a terribly risky. You will never know for sure what is the main reason leading to fall. Anyway, we’d better to keep thinking positively while the market has a sign of decrease, it will soon recover.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: erichall on September 09, 2018, 12:27:04 AM
It's just a healthy correction, and mt gox also dumped a lot of bitcoins, there's no reason to panic, just be patient and wait until the market wakes up again.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: dovedove on September 22, 2018, 01:09:41 PM
Bitcoin will be become back, that is Bitcoin because Bitcoin is an cash for the huge easy. The bit of the bit always be happen in the following month and my hy vọng it is same as the way Bitcoin execute it in the year, where it really over a ourself and a different ATH is not allowed .


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Dod Ong on September 22, 2018, 01:47:50 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???


****Note(02/09/2018):- Hi Friends,
Thanks for the discussion.I just want to clear few points that I never call Bitcoin a scam.I am just highlighting a news published in a top most news paper of my country.Bitcoin is used to scam people by BitConnect.Latest update about this scam is much more money involved.
From that news following points came into light:

1) A big chunk of money disappear from market because scammer run with that money.
2) The investors who already invested never think or maybe hesitate to invest again.New investors if came across this news try to avoid this market.
3) Because of these kinds of scams RBI and Govt. of India try to restrict transactions related this market which intern affect this market.
I read same kind of scam cases came into light from different countries like Indonesia, Malaysia,Thailand, Japan, Canada UK etc....

I also read a news that many prominent crypto exchanges and crypto personalities joining hands to ride out these kind of scams.I hope they will succeed in their mission.

More over this post is not to panic any one but to discuss and spread awareness about this new market.


I think the reason why the bitcoin experiencing down fall is because of its demand. The demand of bitcoin now are continuously decreasing. Also the bitcoin is lack of the new investors that help the bitcoin to recover.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Valer4ik on October 01, 2018, 02:37:31 PM
Further fall with the lowest in the region of 2000-2500 $ in January-July 2019, then the beginning of a slow and smooth (very) growth, a return to the current price of $ 6,500 only not earlier than July 2020 and a new native since the spring of 2021 (!) of the year.
 
Not all will live to see him ...
 
Are you ready for this?


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: nightfury on October 03, 2018, 11:45:24 PM
The constant panic of people that lead to selling their cryptos at a losing market price. Other reason can also be the transfer of bitcoin to another crypto by whales (big fish) and other big companies who owned a voluminous value of bitcoin.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Buzhou on October 04, 2018, 01:50:55 AM
One of the reasons is that some investors are getting their profits because many bought BTC below $1000 and you can understand this as a correction and that fourth cycle of BTC is just like the previous ones.
There are many wrong people for the wrong reasons.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: princeyeboah on October 04, 2018, 02:06:20 AM
The fall of the crypto market and Bitcoin is partly due to the recent past history of scam projects and ICOs which led most investors to lose their monies. This has created fear in potential investors making all other ICOs to suffer the consequences in the event to launch the token sales or ICO.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Dragongin on October 06, 2018, 09:57:19 AM
The big market factor and government rumors are the interference that caused the BTC fluctuation. Bitcoin prices have fluctuated to raise prices as much as other wise Crypto currencies in the trading platform. If you ask about the reason behind its downfall, many factors have contributed to the collapse of the cryptographic market. Plus the approval of waiting for the ETF in the SEC decision may be one of the factors too. It's just a fine adjustment, and a gox also pours a lot of bitcoin, there's no reason to panic, just be patient and wait until the market recovers.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Sithawaka on October 06, 2018, 12:27:46 PM
I think media and governments plays a major role in this situation because most governments tried to make restrictions and ban bitcoin and the crypto market from existence using many sources and media always promoted the negative side and bad effects of bitcoin and its market which made new investors fear to contribute with the cryptocurrency market and existing member abandoned due to uncertainty and that is why even this is a potential field it is struggling in the world 


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: conected on October 06, 2018, 01:08:18 PM
I think one of the reasons why bitcoin will fall because of some fraud news that the bitcoin is a scam and tell all the negativity of it that's why many investors out their investment and no one would like to buy bitcoin.
- The whole story you say is just a stage with subtle scenarios, and it really fooled you because you should realize that scam news has been spreading for years, why in the past, it randomly appears and affects the price of bitcoin and the market. And until now, it continues to appear random and still results as in the past, the only answer is that someone is controlling the game, they create a background and make people think like you, and what they want to hide is their plan to make money, bitcoin and the market crash is their fault, more precisely, that is what they want


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Radio-Active on October 06, 2018, 03:17:48 PM
I believe there are many reason for the falling of cryptocurrency in the market.
One of them is the market manipulation. It is possible that someone who bought many coins from dec 2017, dumped their coins in the market.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: stayeduptolate on October 11, 2018, 10:43:05 AM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???


****Note(02/09/2018):- Hi Friends,
Thanks for the discussion.I just want to clear few points that I never call Bitcoin a scam.I am just highlighting a news published in a top most news paper of my country.Bitcoin is used to scam people by BitConnect.Latest update about this scam is much more money involved.
From that news following points came into light:

1) A big chunk of money disappear from market because scammer run with that money.
2) The investors who already invested never think or maybe hesitate to invest again.New investors if came across this news try to avoid this market.
3) Because of these kinds of scams RBI and Govt. of India try to restrict transactions related this market which intern affect this market.
I read same kind of scam cases came into light from different countries like Indonesia, Malaysia,Thailand, Japan, Canada UK etc....

I also read a news that many prominent crypto exchanges and crypto personalities joining hands to ride out these kind of scams.I hope they will succeed in their mission.

More over this post is not to panic any one but to discuss and spread awareness about this new market.
I think we all are aware with the volatile nature of the crypto currencies and then a part of investment as both these factors plays a very major role in the flactuation of valuation of these currencies and when I was s newbie I have been told that these crypto currencies in which I am investing are very much volatile and thus its valuation keeps on flactuation and varies according to market demand and supply as it was sky high in the last December’s month and started deflating with the beginning of this year so there are again assumptions that it will inflate in coming months of this year.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Dmitry.Vastov on October 11, 2018, 11:06:51 AM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???


****Note(02/09/2018):- Hi Friends,
Thanks for the discussion.I just want to clear few points that I never call Bitcoin a scam.I am just highlighting a news published in a top most news paper of my country.Bitcoin is used to scam people by BitConnect.Latest update about this scam is much more money involved.
From that news following points came into light:

1) A big chunk of money disappear from market because scammer run with that money.
2) The investors who already invested never think or maybe hesitate to invest again.New investors if came across this news try to avoid this market.
3) Because of these kinds of scams RBI and Govt. of India try to restrict transactions related this market which intern affect this market.
I read same kind of scam cases came into light from different countries like Indonesia, Malaysia,Thailand, Japan, Canada UK etc....

I also read a news that many prominent crypto exchanges and crypto personalities joining hands to ride out these kind of scams.I hope they will succeed in their mission.

More over this post is not to panic any one but to discuss and spread awareness about this new market.
I think we all are aware with the volatile nature of all the crypto currencies as when I was a newbie I have been told that I have to be very much patience and wise while investing into bitcoin as these currencies are very much volatile in nature so it’s va is subject to flactuation and varies according to market demand and supply and as we all know that the valuation of bitcoin was sky high in the last December’s month and then started deflating with the beginning of this year so being volatile there expected a another pump in the valuation in the next coming months.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: bitfeu on October 11, 2018, 11:15:22 AM
In my point of view Bitcoin/cryptomarket fall, the reason is INR transaction ban. but in every market sometime its up and sometimes its down so we cannot say that cryptomarket situation will remain same in future. it might be far better than now, as we can see that in starting when bitcoin was launched what was the situation at that time.so be positive have faith it will surely give a positive result in 2019.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: bitcoinVPSD on October 11, 2018, 11:55:55 AM
That is the normal price fluctuation of bitcoin. Its value is not affected by bad news. please do not sell your bitcoin now. Maybe they are creating price fluctuations, causing prices to fall and they will buy it at high prices. And I believe that the whale will increase the bitcoin price. Whales will get huge profits. By the end of this year, bitcoin prices could rise sharply. so you should keep your bitcoin.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: larrylegend33 on October 11, 2018, 12:02:04 PM
I think no one can really understand that. I don't. Last 5-6 days the market got bulled and price were high. In my wallet i had like %20 raise. But from last 15 hours i lost like %25 with all my coins. I believe that it is allowed with the money. Big money and coin holders can change the market with buys/sells. The main thig is you have to know exact time to buy and sell. But it is too hard to do it as well..


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: gorokill on October 11, 2018, 01:47:05 PM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???
Volatility factor is still the main cause of price decline Bitcoin because bitcoin prices are rapidly changing and difficult to predict. Another thing that causes the decline in Bitcoin prices is the spread of negative news and banned by some countries, consequently a lot of panics that occurs to investors and creates a lot of panic sales so that the market is filled with sellers rather than buyers, the price automatically goes down.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: ellehcar on October 11, 2018, 02:06:37 PM
Both constant speculation and scam news and accusation contribute largely to the regress of the market nowadays. It's true that some projects were originally scam, while others, initially and intentionally, did not start scam, but later on, they turned out to be scam because of the lack of interest of people in it. Hence, they do not meet their target amount of funds, and its creators choose to go away with the raised fund rather than refunding it to their investors. This scam issues adds up to the speculation issue or the issue of the uncertainty of the value of crypto; thus severing the scenario even more. Crypto patronizers are becoming thinner and thinner; lots and lots are losing faith on it and quitting each day. Only the great risktakers remain and survive. But I always believe that this will all pass. Soon, crypto will be regulated, and speculation will be stopped and scamming will be busted, revealing its real worth to us.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: yaayaa on October 11, 2018, 03:23:27 PM
I believe every business has risks and benefits.Bitcoin is unpredictable, volatile and it's price keeps changing that is the reason behind it's fall.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Manuel05 on October 11, 2018, 03:48:43 PM
I believe every business has risks and benefits.Bitcoin is unpredictable, volatile and it's price keeps changing that is the reason behind it's fall.
Well this is true, the down side of Bitcoin is the unpredictable nature but one can't really understand or predict why the market is really back.
Early this year folks say it's because of China and USA speculation about not accepting Bitcoin, i will say with a fact that the market will rise whenever it will happen.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Eraldo Coil on October 11, 2018, 04:03:02 PM
Actually l, I don't  call it "fall" because i know that this is just normal. The movement of its price every minute is just normal. Maybe if you ask me reasons behind the unpredictable movement it is maybe because of the users  itself. Each investors wants their suggested price to be bought or sold so that's how it merely increase in a big amount.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: A.H.Rassel on October 11, 2018, 07:40:43 PM
For me, I imagine that there are numerous reasons why bitcoin value drops. First is fack news, the panic sells that the cost of bitcoin is quickly changing. Second is the untrust that influences the free market activity and investors sell their bitcoin at the cheaper price. I propose that before putting resources into bitcoin, examine first about bitcoin, for you to know about it, and for you to comprehend what's best to do when the value drops.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: slarsum on October 11, 2018, 07:54:24 PM
For me it would be the fear of some people about anything political or economic that can affect the market and the flw of bitcoins in a certain country or market. because we all know that bitcoin is not yet fully accepted by most governments and companies. so yeah it would be a reason why bitcoin prices falls


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Ezenwanyi on October 11, 2018, 08:17:32 PM
Personally,  I think cryptocurrency has not fallen rather the market is not stable.... which is not news by the way.
Although, the instability of the market can be caused by some many factors,  some of which are:
Unfounded rumors,  government interference,  weak hands panic selling at a very low price etc.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Qurelal on October 11, 2018, 09:36:50 PM
The impetus for the fall in the value of virtual money was that the US Securities and Exchange Commission postponed the decision on Bitcoin-ETF - the Bitcoin Exchange Fund. The approval of such funds would mean a wider acceptance of cryptocurrency by the US regulator.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: jtrapirap on October 11, 2018, 09:50:33 PM
There might be few reasons regarding cryptocurrency market fall like the banning issues and regulatory threats on some countries on crypto itself. Other bad news also bring negative impact to the crypto market such as scam ICOs, postponement of approval of Bitcoin ETF, technical issues on the technology itself such as scalability issue and few others. Well I guess, this would be temporary and the market will recover soon.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: jobukegoya on October 15, 2018, 12:28:20 PM
I think no one can really understand that. I don't. Last 5-6 days the market got bulled and price were high. In my wallet i had like %20 raise. But from last 15 hours i lost like %25 with all my coins. I believe that it is allowed with the money. Big money and coin holders can change the market with buys/sells. The main thig is you have to know exact time to buy and sell. But it is too hard to do it as well..
Huge pressure on bitcoin makes the price of bitcoin slowly corrected to a realistic price, after making a scene when the end of 2017 touched the price of 19,000 USD. After that the price tends to decline until now in the range of 6,000 USD. I think the price is now good for bitcoin, because it keeps away from speculative attacks that pursue short-term profits, without considering the impact on the future of bitcoin.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: KenChanYu on October 15, 2018, 01:56:48 PM
There might be few reasons regarding cryptocurrency market fall like the banning issues and regulatory threats on some countries on crypto itself. Other bad news also bring negative impact to the crypto market such as scam ICOs, postponement of approval of Bitcoin ETF, technical issues on the technology itself such as scalability issue and few others. Well I guess, this would be temporary and the market will recover soon.
  Its an appreciable idea mate, it is difinitely been the issue of cryptomarket downfall. In addition, the lack of demand may also be one of most reasonable issue behind this bearishness, which can affect on bitcoin's collision and all currencies in the world of crypto. We must be very more careful sharing ideas and informations to evade on making a fuss FUD that may lead some people on negative motivation. But we have to show dauntless courage by fighting this battle and claim the great bull run as we aim.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: thankyoulord on October 17, 2018, 10:50:36 PM
Are there other main reasons behind the high volatility, the spread rumors and the blind and emotional predictions. All these are pulling factors that see to the fall of Bitcoin. When a growing system is plagued with such ailments there won't be speedy growth. The rate at which bitcoin switch price scares a lot of traders and investors. It doesn't store value and can cost investors money when it finally happens. In the other hand, rumors cause people to panic and prematurely make some decisions that affect the global market at large.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: thenameisjay on October 18, 2018, 01:59:17 AM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???


****Note(02/09/2018):- Hi Friends,
Thanks for the discussion.I just want to clear few points that I never call Bitcoin a scam.I am just highlighting a news published in a top most news paper of my country.Bitcoin is used to scam people by BitConnect.Latest update about this scam is much more money involved.
From that news following points came into light:

1) A big chunk of money disappear from market because scammer run with that money.
2) The investors who already invested never think or maybe hesitate to invest again.New investors if came across this news try to avoid this market.
3) Because of these kinds of scams RBI and Govt. of India try to restrict transactions related this market which intern affect this market.
I read same kind of scam cases came into light from different countries like Indonesia, Malaysia,Thailand, Japan, Canada UK etc....

I also read a news that many prominent crypto exchanges and crypto personalities joining hands to ride out these kind of scams.I hope they will succeed in their mission.

More over this post is not to panic any one but to discuss and spread awareness about this new market.

My good guess is that people, newbies and whales a like, have unloaded their bitcoins to the market since they've made profit already during the spike of 2017. The price went down to $6,000 now because the this is a break even point for every investor who bought last year.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: AMLBigtime on October 20, 2018, 01:12:49 AM
I don't think this is the end of the crypto market. There are coins like AML BitCoin that are just starting their journey. This coin will make it to the number one spot as this coin cannot be hacked and is compliant with AML and KYC.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Wipangga on October 20, 2018, 01:24:08 AM
I think Digital Asset Trading is a high-risk activity. Digital Asset Prices are very unstable, where prices can change significantly over time. Please use extra consideration in making a decision to buy or sell Digital Assets.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: reality18 on October 20, 2018, 01:28:33 AM
Who said Bitcoin has fallen? Bitcoin began as nothing and now selling at $6500. This is a miracle and we should learn to give credit to this revolutionary technology. The movement has never been a smooth upward rise since its inception yet it is making a cumulative rise in price and value gradually.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: ranman09 on October 20, 2018, 01:54:31 AM
You want the technicals, the fundamentals, or the conspiracies?
From the technical point we have reached the top at 20k and stopped there forming a double top, which should be a sell signal. A dcorection was long due, so we were supposed to go to at least half of the slope, which was 10k. There was a chance to defend it but we had some Korean exchanges hacked, Binance kicked out of Japan, bans in India, and so it went...

Fundamentals are calling for a bounce back with lightning network expanding, CBOE launching an ETF, and many other things, but the decision was postponed which caused the recent crash (IMO it was a completely dumb and emotional reaction from the market).

Conspiracies? Too many and too irrelevant to waste time explaining.

So 1/4 of the fall is all about market emotion and reaction. I believe large buyers or whales are now silently accumulating. If the market's sentiment is still down, then why the market price doesn't go down even more.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: KingOfWinterfell01 on October 20, 2018, 02:01:39 AM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???


****Note(02/09/2018):- Hi Friends,
Thanks for the discussion.I just want to clear few points that I never call Bitcoin a scam.I am just highlighting a news published in a top most news paper of my country.Bitcoin is used to scam people by BitConnect.Latest update about this scam is much more money involved.
From that news following points came into light:

1) A big chunk of money disappear from market because scammer run with that money.
2) The investors who already invested never think or maybe hesitate to invest again.New investors if came across this news try to avoid this market.
3) Because of these kinds of scams RBI and Govt. of India try to restrict transactions related this market which intern affect this market.
I read same kind of scam cases came into light from different countries like Indonesia, Malaysia,Thailand, Japan, Canada UK etc....

I also read a news that many prominent crypto exchanges and crypto personalities joining hands to ride out these kind of scams.I hope they will succeed in their mission.

More over this post is not to panic any one but to discuss and spread awareness about this new market.

The way I see it, this is just plain market manipulation from whalr holders. Maybe they ask newbies or FUD the newbies to sellout and streak out their bitcoins at a lower price to buy it from them. Eventually, a sacrificial whale will sell their bitcoins at a huge price spike and then the whole crew will start dumping at that price making a profit.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: michellee on October 22, 2018, 03:20:05 AM
Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???


****Note(02/09/2018):- Hi Friends,
Thanks for the discussion.I just want to clear few points that I never call Bitcoin a scam.I am just highlighting a news published in a top most news paper of my country.Bitcoin is used to scam people by BitConnect.Latest update about this scam is much more money involved.
From that news following points came into light:

1) A big chunk of money disappear from market because scammer run with that money.
2) The investors who already invested never think or maybe hesitate to invest again.New investors if came across this news try to avoid this market.
3) Because of these kinds of scams RBI and Govt. of India try to restrict transactions related this market which intern affect this market.
I read same kind of scam cases came into light from different countries like Indonesia, Malaysia,Thailand, Japan, Canada UK etc....

I also read a news that many prominent crypto exchanges and crypto personalities joining hands to ride out these kind of scams.I hope they will succeed in their mission.

More over this post is not to panic any one but to discuss and spread awareness about this new market.

The way I see it, this is just plain market manipulation from whalr holders. Maybe they ask newbies or FUD the newbies to sellout and streak out their bitcoins at a lower price to buy it from them. Eventually, a sacrificial whale will sell their bitcoins at a huge price spike and then the whole crew will start dumping at that price making a profit.

I think it's because there is too many negative news about cryptocurrency in out there that makes people in cryptocurrency become panic and sell their coins. With doing that, I think this makes the price to go down deeper, and as we can see in a few months ago, the market fallen without any chance to increase. But right now, if we check on the market, we can see that the market is trying to rise again, and I think the market will increase higher soon. So we need to be patient and don't sell any coins if we are not making a profit.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: Golftech on October 22, 2018, 03:53:08 AM
Who said Bitcoin has fallen? Bitcoin began as nothing and now selling at $6500. This is a miracle and we should learn to give credit to this revolutionary technology. The movement has never been a smooth upward rise since its inception yet it is making a cumulative rise in price and value gradually.
It's not fallen in what many people assumptions, as like what you have said those who just got in when the massive pumped happen most of them seen
or assess that it is now falling , but for those who are already here way back this market still progressing, possibilities are early adopters already accumulate enough and they wanted to sell out for profits and buying back for much cheaper value to hold again and wait.


Title: Re: Reasons behind Bitcoin/Cryptomarket fall???
Post by: visionE2 on October 22, 2018, 04:31:44 AM
marked 5 reasons for that:
Tax Season
Potential Regulation
Mt. Gox Weight
China’s Relation to Cryptocurrencies
Google’s (as well as other social media) ban on Cryptocurrency

Is this not a game of whales who want drop bitcoin prices to be bought on a large scale to make a big profit in next bull run?