bionicl34
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May 28, 2018, 07:38:17 PM |
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no one will tell you exactly why the price is reduced. most likely because there is no demand for bitcoin, and it is not bought.
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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btctop1
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May 28, 2018, 07:44:23 PM |
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When the price falls kings, like ETH and BTC, the other altcoins also sink in price. And still this is a temporary phenomenon, growth should be. Maybe not in summer, but in autumn, but we will fix growth for 2018.
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mir4a
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May 28, 2018, 07:45:56 PM |
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I think this is a strong manipulation of the price of crypto-currencies so that large capital can enter the market at a low price.
After that, we will again see strong growth in the market.
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BertoloyBTC
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May 28, 2018, 07:48:47 PM |
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All coins in the market are dropping, because when the market is hit by the sudden reddish time especially the bitcoin in which its value are dropping ,then there would be possibility that all coins in market index will also drop or fall of its price value , because of the demand and supply of every coins in the market.
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StevenPop
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May 28, 2018, 08:49:36 PM |
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Money is leaving the market at a faster rate than money is coming into the market. This is what is affecting the prices, there is not enough demand to balance out the amount of supply of coins in the market right now. It will take a while for all of the money that has left the market to come back in again.
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Dread
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May 28, 2018, 08:54:12 PM |
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This is because now bitcoin is not so interesting, there can be a real manipulation of the market. I think that there will be a rise and now everything is bought with coins. then it will be too late.
today is looking not like price manipulation just a cryptopanic- peoples drop his coins, because cant find a reason for the nearest growth |
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EGOR EXACT
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May 28, 2018, 08:56:16 PM |
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I think this is due to the fact that people are selling their alternative coins to buy bitcoin and ether, which are cheaper
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chadtn
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May 28, 2018, 09:06:11 PM |
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There is not enough demand in the market for coins to make the cost worthy. And many sell coins to buy bitcoin for 7 thousand
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richaerich
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May 28, 2018, 09:11:10 PM |
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any body know the reason for current drop?
the reason is because there are lot of negative issues in the crypto space, starting from scam ICOs, and scam altcoin lending, that's the only reason the price is falling down, i hope that those issues will pass and th price will rise again |
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indopool
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May 28, 2018, 09:24:07 PM |
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I think this is a rumor created every year, for personal gain, just like in January of the previous year.
This is also possible because of the prohibition of Bitcoin and cryptocurancy activities in China, and by certain parties in spreading the negative issue about bitcoin, so many people are afraid, and trigger a lot of panic sales, so the price goes down.
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susutao84
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May 30, 2018, 01:24:45 AM |
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Decreasing the price of crypto coins is not something to be feared, it will be an opportunity to buy at a low price and when the price goes up it will be an advantage.
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tng811
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May 30, 2018, 01:50:52 AM |
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any body know the reason for current drop?
All coins are dropping because somebody want to buy them cheap, so they need to do every way to spread FUD to the whole crypto and bring the price back down. After that they will buy the dip and create a FOMO time to make big profits. |
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Sosad12
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May 30, 2018, 01:53:07 AM |
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it is the normal cycle of crypto market, from what i read on the forum around january february it is usally going down, i'll try to remember for next year
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KrishaBitcoin
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W12 – Blockchain protocol
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May 30, 2018, 02:00:37 AM |
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any body know the reason for current drop?
Because the real demand of Bitcoin is not that high in which if there is any development or news that will not favor the Bitcoin market then it will create FUD to the people making them to panic selling affecting the price of Bitcoin and the whole crypto market too because as what i have observed that the market will in difficult everytime Bitcoin is in dip. |
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lightning mcqueen
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May 30, 2018, 02:14:15 AM |
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There is not enough demand in the market for coins to make the cost worthy. And many sell coins to buy bitcoin for 7 thousand
Maybe the price of the bitcoin is down, so its like a domino effect that altcoin also get affected. If the bitcoin price drops, the altcoin price also drops. |
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FaucetKING
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C U
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May 30, 2018, 02:22:54 AM |
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Its a dip in price, these stuffs always happen here in crypto and just to let you know, the situation isn't that bad .. crypto market had bad status in the past! you could look into bitcoin's graph and think about the dip, either buy some coins with a good discount, otherwise dump and help making peoples write the same type of threads.
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alexnathan338
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May 30, 2018, 03:43:51 PM |
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At the moment, you can not allocate any one news, such a rapid drop is affected by a whole set of negative news. This is the closure of various exchangers, and the states want to regulate this market, and there are so many reasons
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susutao83
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May 31, 2018, 09:53:11 AM |
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The price movement of once coin is based on the demand and supply of it in the market cap. Once the supply is bulky and buyer is too small, that is result to price fall.
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bithit.ubeo
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June 01, 2018, 03:55:40 AM |
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Pressure from the father-Bitcoin and mother-ETH. A huge correction after tothemoon in January, everything is ok. Dump after pump, lol. The standard market pattern, only now on a global scale.
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rosabella
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June 01, 2018, 07:06:37 AM |
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I suppose that altcoins price up and down depends on Bitcoin stability or maybe it is just a cycle of the market, as when the market had reached the peak, it of course will take a down. And I think there are still many reasons for this dump in prices as it has been witness currently. Thus, when all of reasons are answered, the price will rise again.
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