What is the cause of the market downturn?

[leland orser]

Almost all of the tokens are in decline, especially mainstream tokens, so most has a sharp decline, this let me can't understand, why didn't some shit tokens but have a good gains.

[Asmonist]

Market downturn is somehow to balance the market trend. Its somehow a cliche but its the way of life. Every buying and selling always affect the market. Massive selling may greatly affect the downturn. Nevertheless, every selling increases the supply that gives opportunity for buyers that makes the balance in the market.

[blogardianz]

it is a routine down trend in the market and people are selling their coins by fear that market is going down and the intelligent people are taking benefit of their foolishness and collecting the same on a low rate.

Hmm, I quite disagree about that. I think this year is a little bit different. It seems the market very difficult to recover. I still not found what is the main problem with the current situation. Since January, we can saw the market almost die. I hope my statement will wrong.

[digitran]

After a good growth, a good correction takes place. This is the standard situation for any market. So do not worry. Soon everything will grow again in value.

[tedes]

I think the reason of the market decline is the most bonal - after a good growth, a good correction occurs. This is a standard situation for the crypto currency market. So do not worry. Soon everything will grow back in value.

[_Cryptobro]

Is that my.gox trustee still offloading bitcoin to cover losses? Do you think that in combination with the regular start of the year downtrend, this could be driving it down even further?

BCharity.io

[Mihawk]

This topic may correspond to reality and at any time that the market is in decline. In relation to the issue of the topic the great reason for the slowdown of the market is very simple, negative speculation that influences beginning investors to giants and although it may seem strange what moves the market are not the charts or numbers, what moves the market is the emotion.

[jinxing]

Blocking crypto in other countries causing market downturn. Maybe also because of banning the ban on facebook and so forth. It all causes the decline in market value. Korean even china does not negate this virtual currency.

[ropyu1978]

Why is there such a downturn in the market? The South Korean market is the cause or the other reason?

after south korean market came again ban from india, then in followed by facebook, google and now twitter. well, now it has come in all over the ban from internet giant. I think what happens to this ban will have a big impact on the market slump. but one thing that will happen after this passes. bitcoin and other crypto will grow back. let's wait what will happen later.

[Torps1]

Cryptocurrency market really down.... Yes. Supply is possibly more than Demand thus the downturn. People are supplying (selling) out of  fear possibly because of some regulation news about cryptocurrency. This time of dip is indeed a good time to buy.....which intelligent investors are doing.

[cryptogeek101]

I am suspecting the Easter holiday to be a key factor affecting the crypto market recently, apart from the various bad news we heard about facebook, twitter and google ads bans. When i checked CMC just now it is turning green all the way, nobody can tell what will happen the next minute because there are prices suppressors every where around us.

[linkybit]

There are bad news coming regularly from south korean market to Indian minister statement and then Facebook advertisement ban to twitter ICO hashtags ban. We need to be patient.

[doedz]

It's because fud from Japan, reportedly two Exchange will be stopped.

Yes, I am very disappointed with this and I have predicted earlier if Japan act then it will be big consequences.
Nothing can be expected right now and it looks like we're going to retire for a while 

[AzureDragon]

There are many reasons for the obtained downtrend. Global international news from Google, China, India and etc.
Also  statements of the governments of some states about the legalization of cryptomarket (and, as a consequence, the establishment of control over it, which can lead to centralization) acting on prices.

[aizen10]

"downturn" are everywhere, even not include crypto. most of all projects are facing a downturn. this is from the people who wants to believes on their own, and other people are switching to the most better one. but for me it is not takes too long, just hold and believe what you believing for and soon all thing will be fine. dont bother for just this dip because crypto is for the long term and not for the short term.

[BlueYozakuraBTC]

Downturn?

It's a combination of factors.

1) Crypto Scams. Someone buys a coin that is essentially an elaborate scam, gets ripped off and tells someone. That news spreads. Then another victim and another victim and that puts a bad taste in one too many mouths.
2) Media hype and media scares.
3) Exchanges that are making money off investors by slowing down transfers, adding fees and pretty much screwing around for the highest possible payout. This can also be holding funds, placing extreme holds on deposits so that the depositor misses out on a price value etc. Other times it's the trading price of a coin 5-10X the actual legitimate price on other exchanges also blocking out deposits of that particular coin to keep others from benefiting off of this "in house" price manipulation.
4) Massive sell offs back to fiat
5) Too many coins coming out at the same time meaning the funds between coins are being spread too thin. Too many people have diversified their coin collections into the hundreds of coins which has caused some noticeable drops on the main coin's value. The reason that's also happening is that coins that typically are traded against LTC and maybe Doge markets are now being placed in the BTC markets. So people are trading more BTC or ETH for these alt coins yet are essentially cause the value of both BTC/ETH and the alt coin to fall. it's a vicious cycle. Example: Ethereum based coins. You'll notice strong sways in pricing over the last month as more and more eth based coins hit the market. People sell their ETH to get a particular coin ultimately dropping the price of ETH, panic and sell back at a loss on both ends.
6) ICO fraud and scams being exposed.
7) Airdrop scams

[MudahDanHemat]

Peoples are selling and they turn investing in the cheaper coins, so some new and cheap coins rise their price but the main coins all are at the bottom and have chances to fall again.

[Socioman]

The current situation on the market was due to a number of reasons. Chinese New Year, A number of large banks stopped accepting payments for crypto currency using credit cards. Some governments around the world have opposed the Crypto-currency. It is also necessary to take into account smaller manipulators, which cause panic among investors of crypto-currencies.

[mega_carnation]

Many speculations that turned out to destroy crypto reputation are the reasons why many are skeptic about this market. Those investors that got in and now starting to feel skeptic are now adding to the force that was created by the whales. This is whats happening, whales are selling, small investors are selling to demand is becoming low = price low.

[Mickznet]

They have a lot of reason why crypto's market downturn today, the first one is the increasing regulatory of cryptocurrency exchanges because many attempted hacking of traders to be more secured. Read more about this.

What Caused The Recent Cryptocurrency Downturn
https://www.forbes.com/sites/outofasia/2018/03/05/explaining-the-dip-what-caused-the-recent-cryptocurrency-downturn/#4c9c39b45ccd