Why is the Bitcoin Market Crashing?

[R21]

Crashing is natural behavior of cryptocurrency I think, cryptocurrency price always going up and down it's nature of bitcoin and other cryptocurrencies! some peoples can responsible for crashing btc but it's not a main reason for price dropping.

[FrueGreads]

The crypto market is crashing, because it seems that governments (lobbied by banks) will regulate worldwide. Investors are afraid that cryptocurrencies will no longer be decentralized. All crypto transactions will be taxed and are no longer anonymous. This is why the price of most cryptocurrencies is dropping.

It could be true but i really don't think that is the main reason. There is nothing wrong with regulation, and people would get used to that. Crypto is not here to allow us to avoid paying taxes. It's here to allow us to make payments all over the world, with a safe and decentralized coin, that is not influenced by any country's economy, and without the need for a third party to provide trust to our payments. Trying to use crypto to avoid paying taxes, is the same as saying that those who claim that crypto is used to illicit activities are correct.

I really think the the MtGox coins being sold, have a lot to do with this dump.

[peter0425]

The crypto market is crashing, because it seems that governments (lobbied by banks) will regulate worldwide. Investors are afraid that cryptocurrencies will no longer be decentralized. All crypto transactions will be taxed and are no longer anonymous. This is why the price of most cryptocurrencies is dropping.

It could be true but i really don't think that is the main reason. There is nothing wrong with regulation, and people would get used to that. Crypto is not here to allow us to avoid paying taxes. It's here to allow us to make payments all over the world, with a safe and decentralized coin, that is not influenced by any country's economy, and without the need for a third party to provide trust to our payments. Trying to use crypto to avoid paying taxes, is the same as saying that those who claim that crypto is used to illicit activities are correct.

I really think the the MtGox coins being sold, have a lot to do with this dump.

And the worst part?

The Mt. Gox lawyer or trustee has still have a chunk of bitcoin to offload and unless he can be stop he will continue to do so without regards to the current market situation and will result to the price going deep.

There have been numerous suggestions in reddit that he should go OTC or even contact someone from big trading platforms so that he can "properly" dispose it in the right manner, not like dumping it hard which put a lot of pressure on everyone to hold or push the panic button and sell.

[FrueGreads]

The crypto market is crashing, because it seems that governments (lobbied by banks) will regulate worldwide. Investors are afraid that cryptocurrencies will no longer be decentralized. All crypto transactions will be taxed and are no longer anonymous. This is why the price of most cryptocurrencies is dropping.

It could be true but i really don't think that is the main reason. There is nothing wrong with regulation, and people would get used to that. Crypto is not here to allow us to avoid paying taxes. It's here to allow us to make payments all over the world, with a safe and decentralized coin, that is not influenced by any country's economy, and without the need for a third party to provide trust to our payments. Trying to use crypto to avoid paying taxes, is the same as saying that those who claim that crypto is used to illicit activities are correct.

I really think the the MtGox coins being sold, have a lot to do with this dump.

And the worst part?

The Mt. Gox lawyer or trustee has still have a chunk of bitcoin to offload and unless he can be stop he will continue to do so without regards to the current market situation and will result to the price going deep.

There have been numerous suggestions in reddit that he should go OTC or even contact someone from big trading platforms so that he can "properly" dispose it in the right manner, not like dumping it hard which put a lot of pressure on everyone to hold or push the panic button and sell.

Yes, you are entirely correct, and this is really bad behavior, but at least we now have a very strong reason for the price dump we have been seeing lately. Of course that are probably some other reasons behind it, but if this is the main one, and as soon as people start understanding it, the dump should be more controlled because maybe people will not follow the dump and panic sell their coins.

Of course that even if they keep doing it, there will be others that will take the opportunity to just buy every dump it's made, because they understand that there is nothing wrong with bitcoin so we should be fine.

[coin-investor]

Why is the bitcoin market crashing?
When will the cryptocurrency market bounce back?

I think it's all about the MT.Gox dumping their shares in the market.this is not going to be long term and it will bounce back within a few weeks, so bear with it or if you are not comfortable, you can join the bandwagon and cry later.

[fromAtoZ]

Why is the bitcoin market crashing?
When will the cryptocurrency market bounce back?

I see it as normal fluctation and probably a lot of people getting out due to the massive media against crypto.

[Xfactor06]

There's been so many FUD the past few days. One of them is the binance API hacking, we all know binance is a reputable exchange, so people might have been mute about their accounts.

[daarul50]

The cause of market crashes is the emergence of FUD news in some countries that want to make specific rules about bitcoin so many of the holders of digital assets such as bitcoin panic to sell it and cause bitcoin prices to continue to decline. I do not know how long this decline will continue and I do not know when bitcoin prices will rise again, maybe bitcoin prices will recover after good news affecting the bitcoin movement like the return of people's trust to buy bitcoin as a viable digital asset to be invested either in the near term or for a long term.

[LogitechMouse]

Bitcoin market is crashing because of the news that have been spreading across the internet. News greatly affect the price of bitcoin and now that there are some negative news being spread like the Mt. Gox hacking, the binance issue etc. Cryptocurrency will bounce back maybe after some months if there are some positive news in the internet.

[Blessed J]

Yes the coins are reducing but i don't call that crashing of cryptocurrencies but rather a new opportunity to buy. I have heard rumours of some group of people hacking an exchange and these people tend to dump the bitcoin they stole hence the frequent dip in prices but i also believe that its a great time to buy.

[bayu7adi]

bitcoin crashes when investor confidence has dropped
or there may be government regulations that require all coins circulating in the country to sell Btc

but calmly, Bitcoin is a decentralized asset, where everything will be back to normal...

[coinxwife]

Why is the bitcoin market crashing?
When will the cryptocurrency market bounce back?

It will go down until it will find support again. Usually it takes time, specially after a bull run such as the one from January.
Don't expect the prices to go up anytime soon. We will have to wait a while.

I think if those big countries like germany, china and korea are getting big payable of their electricity bill plus the tax from their gov't., it maybe big crash from the market of bitcoin because they are the countries who had control from this so i think they knows how to handle the system like this and we can bounceback from crashing and this is my opinion..

[Tony_Nguyen]

Why is the bitcoin market crashing?
When will the cryptocurrency market bounce back?

I think it is crashing because of the bad news we received recently. As far as I see from the first day trading until now. The market has been always like that. Keep calm and hold your currencies.

[monkeydominicorobin]

Why is the bitcoin market crashing?
When will the cryptocurrency market bounce back?

It crashed but it is still more valuable than Gold. And Gold is something that can be seized by the government. Plus keeping it in a specialized vault is expensive. More expensive than Bitcoin transaction fee. It is also agonizing to hold  Gold. Since everybody thinks that it is valuable. So agonizing about market fluctuations is like chasing the wind. Don't resist. Just go with the flow.

[hsjd569]

Crashing is natural behavior of cryptocurrency I think, cryptocurrency price always going up and down it's nature of bitcoin and other cryptocurrencies! some peoples can responsible for crashing btc but it's not a main reason for price dropping.

At this stage, I believe that retail investors will bear the brunt of the impact of the collapse of the cryptocurrency market value.

[Eros1on]

The BTC's bad news is increasing, and the market is getting less and less money, and investors want to buy BTC at a lower price.

[123frogs456]

So, I'm reading this thread and I see people blaming Mt. Gov trustee, NKorea and Trump for some reason, and other things.

But there could be any number of reasons why the market is crashing that we just don't see. There could really be manipulation going on, or secret deals. Who knows, maybe everyone just decided to stop buying all together because of the tax season coming up. Or there could be a lucrative alternative stock besides crypto that some investors have flocked to. It's all unpredictable.

Take to the market experts to see what you should really do. They're experts at stock trading, and if you're treating crypto like high-volatile stocks then you need to listen to their advice.

Peter Lynch says that you should put down the books and news. He says to buy wisely. In a bear market, he insinuates that one shouldn't look for possible reasons for the crash, but instead, to capitalize on it by buying more from stocks you perceive are going to recover.

So basically, stop trying to calculate, and just go buy into the bear so you can be ecstatic when it turns into a bull.

[Gintama214]

Why is the bitcoin market crashing?
When will the cryptocurrency market bounce back?

I do think that this is because the government is trying to intervene bitcoins flow, they want to regulate its value because they are afraid that many people will get rich just because of this and they don't want us to earn freely. Also, many banks are controlled by the government and if people are starting to not use banks how is the government gonna earn from it? This is why the market is crashing and hopefully, it will bounce back in the future when the government will stop intervening its market.

[lotto-fan]

Hope the storm will be over. There were many before but none really affected bitcoin.

[hoanghoatham04]

Why is the bitcoin market crashing?
When will the cryptocurrency market bounce back?

The market is falling with all the money, the signs of recovery of the currency are moving, but the price is still profound, which makes many people think that will Some coins may end up short and it could be Bitcoin.