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Author Topic: What is the reason behind the past two days fall in all crypto currency value ?  (Read 133 times)
ashrath (OP)
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February 04, 2018, 12:18:56 PM
 #1

What is the reason behind the past two days fall in all crypto currency value
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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skelethon
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February 04, 2018, 12:22:26 PM
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It's still recovering from the initial crash. There's not a reason for every single dip, you just gotta be patient.

If anything, I wouldn't be surprised if it crashes again this month. It takes time.
trash321
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February 04, 2018, 12:24:41 PM
 #3

The fall of the whole market is due to the fact that bitcoin began a serious correction, after reaching $ 20,000 at the beginning of the futures. And now I think that this is due to many factors, but I think that this reason lies in the fact that bankers are trying to get our crypt for air.
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February 04, 2018, 12:39:04 PM
 #4

shitloads of manipulation of bitcoin price and lots of dumps on the market in the past few days that caused the bitcoin price crash.

then like always, altcoins started dumping as soon as bitcoin price drop began. nobody can tell you why this connection between bitcoin and altcoin dumps exist but we all know it is this way and that is what matters. in fact you sometimes shouldn't be looking for reasons! instead know that it IS happening and if you can try to make the best out of the situation (like shorting or buying the bottom) or stay away from the market.

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February 04, 2018, 01:11:33 PM
 #5

If we look for a reason, it may never end. I am also saddened by the current market situation, but I never thought about it again.
The more important thing I think now is how to advantage and get a benefit from the current market situation and conditions.
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February 04, 2018, 01:16:53 PM
 #6

In my opinion, the latest bad news is too much.
The south Korean government has adopted a real-name system for encrypting money markets, further regulation of China, and facebook's ban on ICO advertising. The bad news has caused everyone to lose confidence and the whole market turns red.

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February 04, 2018, 01:22:42 PM
 #7

Lot's of FUD. However I'm confident the market will turn around soon or later and am not too worried. In the mean time I have just been putting new money into ICO's, these are a safer bet now IMO.
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February 04, 2018, 03:39:27 PM
 #8

There are a lot of bad news in the pockets of whales. And they spread them immediately, at a time when the market is just beginning to grow. I hope they will soon run out of money and news. They have already acquired enough at low prices and allow the market to float freely. I, like many, need money. But I can not sell coins for three pennies.
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February 04, 2018, 03:43:56 PM
 #9

In my opinion, the latest bad news is too much.
The south Korean government has adopted a real-name system for encrypting money markets, further regulation of China, and facebook's ban on ICO advertising. The bad news has caused everyone to lose confidence and the whole market turns red.

Folks are becoming too aggressive vs cryptocurrency and ICOs. Can't blame them though, ICO scams have been pretty rampant lately. It's not a good sight.

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February 04, 2018, 05:56:45 PM
 #10

Someone has sold at high prices and is now trying to lower the market to buy at the bottom. It is worth taking advantage of the moment and buying a crypto currency, if there is such an opportunity
okala
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February 04, 2018, 06:33:44 PM
 #11

What is the reason behind the past two days fall in all crypto currency value
I don't think there is any concrete reason than the FUD Created online that India government has banned cryptocurrency and some exchangers platforms has been closed down by the government! The minister has come out to deny this news but enemy of cryptocurrency go a head to publish many articles and tweet about this in other to create panic and many has fell victim by selling off their coins.
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February 04, 2018, 06:45:10 PM
 #12

Probably the main reason is the Chinese new year . Yes, and great uncles with the big money you need to buy BTC cheaper , so be patient my friends
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February 04, 2018, 06:50:14 PM
 #13

The main reason is insecurity in the markets. Couple of fake news, combine with couple negative real news and we have panic. Every time we have panic we have a dip.

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February 04, 2018, 06:56:48 PM
 #14

Someone has sold at high prices and is now trying to lower the market to buy at the bottom. It is worth taking advantage of the moment and buying a crypto currency, if there is such an opportunity
The crypto market is becoming a whales heaven day after day . The amount of price manipulation is crazy especially low price alts . This mainstream media attention wasn't really that good after all . The big boys has joined the race and the regular investors and traders stand no chance against them .
Not sure how this is going to be fixed or changed but lets just hope they let us live a little.
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February 04, 2018, 06:56:51 PM
 #15

I've read that most people who have been selling cryptocurrencies in the last 3 weeks are small investors, not whales and big players like banks. I will not sell my bitcoins because I bought them around 2000 and 3000 USD so I'm still in good profit. But people who came in late, in December or early January and they expected to get good returns in short period of time, they are disappointed now and don't have the patience so they want to stop their loss so they are selling now.
On the other hand, there is not enough brave investors who have the courage to buy BTC in this uncertain time. That's why the price is falling. When countries finally announce how they are going to regulate cryptocurrencies, the price will recover. I'm sure there will be no bans on Bitcoin exchanges, just smart regulation to prevent money laundering and terrorist financing.

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