petermike
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September 07, 2018, 08:14:54 PM |
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Managers could have the biggest impact on Bitcoin and other crypto, as many countries have either deployed or are planning to put the money into the mix. If regulatory regulations become too heavy, they can have a negative impact on the use and value of coding currencies.
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xclusiveguy
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September 07, 2018, 08:18:43 PM |
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I'm not surprised really, lots of people are panicking selling, the market is not encouraging at all for now, it's just so upsetting seeing most especially ethereum, the rate at which ethereum is dropping is quite not interesting
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GeorgeGriffin
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September 07, 2018, 08:32:44 PM |
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I think all coins are down because the price of bitcoin is lower. Because there is a very strong connection between Bitcoin, the Etherium and all the other altcoins. The cost of bitcoin is reduced due to the fact that the confidence in the crypto currency from investors has started to decline. And it's not clear when the situation starts to change for the better.
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RGMan
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September 07, 2018, 08:34:50 PM |
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Because someone again decided to ponipulate the market. Merge at a high price, deliberately omit it and buy it there. In principle, nothing new, everything as usual. This is already a trend this summer, and now the beginning of the fall.
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Pet240
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September 07, 2018, 09:25:10 PM |
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Most coins are dropping because this is bear market. Bearish market is mostly affected by fake news, which leads to panic and this in turn makes people to panic sell., that also make prices to dump beyond reasonable doubt.
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birtoki
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September 07, 2018, 09:28:52 PM |
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I personally believe that all prices are falling due to the fact that the market is falling and the price of bitcoin is cheaper. bitcoin has a huge impact on altcoins and so all prices are falling.
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akashark
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September 07, 2018, 09:29:04 PM |
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You posted on January and the crypto market still dropping! Such a worst year we are passing with the crypto! Everyone wants to know the same thing! What is the actual reason for this long bear market! I don't know mate, but I think crypto got much negativity that's why the market is dropping or the big players are manipulating!
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PlusOne88
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“Tackling Climate Change Using Blockchain”
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September 07, 2018, 09:40:35 PM |
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I think this has something to do with the bearish market and today we had a very similar occurence when the prices went falling so steeply as seen on the graphs. The on going inflation rate experienced early this September 2018 probably adds to the dropping of the current price and many could have been so afraid to invest so that they took their money away. But I am still hoping everything will go back normally up.
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rhana_
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September 07, 2018, 09:48:33 PM |
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any body know the reason for current drop?
the cause of this freefall Cryptocurrency may not be due to a burst of bubbles. But it is because of the "coin" scam that promotes his homemade coins and to make big profits and then run away.
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jojovalentia
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September 07, 2018, 09:50:00 PM |
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Well, not is already september and it keeps dropping, I don't know exactly what it is, what I do know is that if we have found the way to stop this we wouldn't be like this.
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-Newera-
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September 07, 2018, 09:57:14 PM Last edit: September 20, 2018, 09:24:50 PM by -Newera- |
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People are queasy fingers and want to get out of the market in order not to suffer even greater losses. This will continue until the wavering hands are gone and then the market can slowly go up again.
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shiv06
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September 08, 2018, 11:01:15 AM |
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I thing, All altcoins price is depend on BTC and ETH, Now Both's currency price is very low, BTC price is $6523 and ETH price is $219. due to altcoins price low. When BTC and ETH price are increasing when Good altcoin price increasing. So at time you can hold all coin when cryptomarket is stable you can sell or buy.
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munareal
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September 08, 2018, 11:12:29 AM |
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The coins are falling due to factors in demand and supply. Their prices demand on the price value of bitcoin. Th the price of bitcoin goes up so does altcoins
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CrypTM
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September 08, 2018, 11:17:45 AM |
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Reason is probably panic sell caused by north korea/china bitcoin/exchange ban fud, also bitconnect shut doors because it was ponzi, people are cashing out because they fear.
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Bountyangel
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September 08, 2018, 11:23:40 AM |
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Though many people give different reasons for the fall in price and I agree with some reasons given but the most important factor that determine rise and fall in price is the forces of demand and supply. When demand for a coin goes higher than what is supplied, the price will go up and when the reverse is the case, the price goes down
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xenosaga
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September 08, 2018, 02:17:39 PM |
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The coins are falling due to factors in demand and supply. Their prices demand on the price value of bitcoin. Th the price of bitcoin goes up so does altcoins
Not only that actually. There are so many factors involved in this market fluctuations. However, I think one recent major factor is the ETH having quite a worse reputation. People are getting scared of the depreciation of ETH and everyone knows it would affect altcoins that are erc-20
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Cordann
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September 09, 2018, 08:03:11 AM |
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I believe that in many respects this situation is due to the stability and prices of BTC in the crypto market. It should also be taken into account that in any case, certain financial corrections periodically occur in the crypto market, this is a normal situation for which investors should be prepared.
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HydraExchange21
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September 09, 2018, 10:41:00 AM |
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After huge rise of market there will be a drop. Its normal. Don't worry it will bounce back again.
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S[m]OKE
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September 09, 2018, 10:44:33 AM |
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The more there are scammers in the ICO, the less will be the trust and from this growth will not be seen
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Hudora
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September 09, 2018, 11:31:22 AM |
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any body know the reason for current drop?
In many respects, this situation arose because of the decline in BTC prices. While he remains the main coin, king and fashion trendsetter in the crypto market. Also, I believe that now is the time for correction in the market, so this decline looks expected. But from next year the situation should be normalized.
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