Bitcoin Forum
May 18, 2024, 03:31:57 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 7 »  All
  Print  
Author Topic: The reason why everything is down!  (Read 624 times)
CryptoThrasher (OP)
Newbie
*
Offline Offline

Activity: 43
Merit: 0


View Profile
March 10, 2018, 03:40:11 AM
 #1

The reason everything is dropping. People are scared SEC & The FCC will shutdown exchanges, ICO's and anyone not following securities laws that now also apply to crypto.

SEC Warns Unregistered Cryptocurrency Exchanges Against Listing Security Tokens
http://strategiccoin.com/sec-warns-unregistered-cryptocurrency-exchanges-listing-security-tokens/

The SEC just made it clearer that securities laws apply to most cryptocurrencies and exchanges trading them >
 https://www.cnbc.com/2018/03/07/the-sec-made-it-clearer-that-securities-laws-apply-to-cryptocurrencies.html

U.S. regulator urges registration of cryptocurrency exchanges
https://www.reuters.com/article/uk-usa-sec-crypto/u-s-regulator-urges-registration-of-cryptocurrency-exchanges-idUSKCN1GJ2VI

Cryptocurrencies Plunge 23% Overnight as SEC, Tokyo Whale Trigger Mass Exodus
https://hacked.com/cryptocurrencies-plunge-23-overnight-as-sec-tokyo-whale-trigger-mass-exodus/

What are your thoughts on this matter?
adamlillian
Member
**
Offline Offline

Activity: 459
Merit: 10


View Profile
March 10, 2018, 04:12:06 AM
 #2

The reason everything is dropping. People are scared SEC & The FCC will shutdown exchanges, ICO's and anyone not following securities laws that now also apply to crypto.

SEC Warns Unregistered Cryptocurrency Exchanges Against Listing Security Tokens
http://strategiccoin.com/sec-warns-unregistered-cryptocurrency-exchanges-listing-security-tokens/

The SEC just made it clearer that securities laws apply to most cryptocurrencies and exchanges trading them >
 https://www.cnbc.com/2018/03/07/the-sec-made-it-clearer-that-securities-laws-apply-to-cryptocurrencies.html

U.S. regulator urges registration of cryptocurrency exchanges
https://www.reuters.com/article/uk-usa-sec-crypto/u-s-regulator-urges-registration-of-cryptocurrency-exchanges-idUSKCN1GJ2VI

Cryptocurrencies Plunge 23% Overnight as SEC, Tokyo Whale Trigger Mass Exodus
https://hacked.com/cryptocurrencies-plunge-23-overnight-as-sec-tokyo-whale-trigger-mass-exodus/

What are your thoughts on this matter?
I think the main reason is the sharks in the crypto market. They have the power to decide the price of the altcoins. So they can make a lot of profit from the trading and increase and decrease the price of the altcoins. They make small traders fear because of the cost of going down and forcing them to sell all their coins to secure their assets. and the sharks would buy all the coins at low prices and sell them at high prices.

MINTER - WE MINT COINS AND CREATE THE INTERNET OF MONEY
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Telegram  |  Bip Wallet  |  Twitter
tdeannova
Full Member
***
Offline Offline

Activity: 504
Merit: 102



View Profile
March 10, 2018, 04:19:08 AM
 #3

The information you provide is correct that the news affects the current decline. I hope everyone can be calm and patient to deal with this and I am sure the market will recover in the next few days.
STIKS1911
Full Member
***
Offline Offline

Activity: 350
Merit: 100



View Profile
March 10, 2018, 04:23:40 AM
 #4

I believe that this is just manipulation. This is done to ensure that the market was panic sale and people in a panic were selling their crypto currency. At this time, large players are all buying at a low price.

Vaculin
Hero Member
*****
Offline Offline

Activity: 2898
Merit: 612


View Profile
March 10, 2018, 04:34:48 AM
 #5

Thanks for sharing, I hope the news would not make people to panic, it seems like it is at the wrong timing, the price were suppose to go up
but it was messed up with this news. Anyway, I think we should be more stronger now as there will be more bad news that will come and whales
will surely find ways to create FUD to cause big panic.
magicmeyk
Full Member
***
Offline Offline

Activity: 252
Merit: 102


View Profile
March 10, 2018, 04:38:59 AM
 #6

The reason everything is dropping. People are scared SEC & The FCC will shutdown exchanges, ICO's and anyone not following securities laws that now also apply to crypto.

SEC Warns Unregistered Cryptocurrency Exchanges Against Listing Security Tokens
http://strategiccoin.com/sec-warns-unregistered-cryptocurrency-exchanges-listing-security-tokens/

The SEC just made it clearer that securities laws apply to most cryptocurrencies and exchanges trading them >
 https://www.cnbc.com/2018/03/07/the-sec-made-it-clearer-that-securities-laws-apply-to-cryptocurrencies.html

U.S. regulator urges registration of cryptocurrency exchanges
https://www.reuters.com/article/uk-usa-sec-crypto/u-s-regulator-urges-registration-of-cryptocurrency-exchanges-idUSKCN1GJ2VI

Cryptocurrencies Plunge 23% Overnight as SEC, Tokyo Whale Trigger Mass Exodus
https://hacked.com/cryptocurrencies-plunge-23-overnight-as-sec-tokyo-whale-trigger-mass-exodus/

What are your thoughts on this matter?
I think the main reason is the sharks in the crypto market. They have the power to decide the price of the altcoins. So they can make a lot of profit from the trading and increase and decrease the price of the altcoins. They make small traders fear because of the cost of going down and forcing them to sell all their coins to secure their assets. and the sharks would buy all the coins at low prices and sell them at high prices.

I agree with you, they are the one who controls the market price and they are the reason of people who panic selling when theirs a big dump going on.
mariayaz
Jr. Member
*
Offline Offline

Activity: 294
Merit: 3


View Profile
March 10, 2018, 04:41:58 AM
 #7

I agree to this but even if they try to shut down exchanges, they cant stop crypto to take over fiat money. Crypto is a future it will take some more time world to accept it

  ✦✦✦✦✦  ☸ SECURE - FAST - FAIR ☸  ✦✦✦✦✦   (https://www.bitgame.com/?trackCode=BITCOINTALK)
Newboybb
Member
**
Offline Offline

Activity: 266
Merit: 10


View Profile
March 10, 2018, 04:43:49 AM
 #8

I think these news for altcoin may not be a good news, for the bitcoin, however, may be a good news, because it means more money flowed into the currency, and altcoin may lose their value.

Yuuto
Hero Member
*****
Offline Offline

Activity: 644
Merit: 501



View Profile
March 10, 2018, 04:48:39 AM
 #9

You forgot about the binance news and the Mt Gox dump.

Anyways we're just in a really unfortunate position at the moment with all this news coming in at around the same time. Though today we did recover on average around 5-10% for most cryptos listed in the top 100.

BTC has found a floor at $9k, ETH around $700. Not going to go under those figures any time soon.
globalcitizen
Full Member
***
Offline Offline

Activity: 476
Merit: 104


Decentralized global citizen and crypto-preneur


View Profile
March 10, 2018, 04:48:55 AM
 #10

There's similarities between the operations of the foreign exchange market and the crypto market. News often affect their behaviour as can be seen in the prevailing crypto market situation. But I am not always moved by this because I believe that it is normal as the market will soon recover.
leavolnhals
Full Member
***
Offline Offline

Activity: 770
Merit: 101



View Profile
March 10, 2018, 04:53:09 AM
 #11

These are the figures that convince all people are wondering about the market down. Thanks to the article I have gained more experience in trading and very thank you.
I will share this data with my friends and hope it will be helpful to my team.

SnapFX
Jr. Member
*
Offline Offline

Activity: 588
Merit: 1


View Profile WWW
March 10, 2018, 04:57:14 AM
 #12

Eternal growth of the market can't be. The market was already saturated. But I think, in the fall we will see good growth again.

☉☉☉ ARTCOIN.AI ☉☉☉
▐| BLOCKCHAIN ART GALLERY SYSTEM |▌ (https://www.artcoin.ai/)
Amuzeddingo
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
March 10, 2018, 04:57:37 AM
 #13

News is indeed very powerful when it comes to influencing the prices of assets. I believe that this is not just any other black propaganda, but a legitimate problem of each government since they are getting their funds from taxes while cryptos are stopping them from doing so.
CryptoThrasher (OP)
Newbie
*
Offline Offline

Activity: 43
Merit: 0


View Profile
March 10, 2018, 05:08:01 AM
 #14

Ever see or hear this phrase before?
"Buy the Rumor and Sell the News"
Here's what it means.(link below) Interesting read, take a look!
https://www.thebalance.com/what-does-buy-the-rumor-sell-the-news-mean-1344971
euggio
Full Member
***
Offline Offline

Activity: 433
Merit: 100



View Profile
March 10, 2018, 09:20:19 PM
 #15

Thanks for the provided links, I was very surprised at the position of the U.S. regulator, which makes such statements. Is it right to invade the free market?            
skip60
Sr. Member
****
Offline Offline

Activity: 630
Merit: 253


View Profile
March 10, 2018, 09:30:37 PM
 #16

it is told that mtgox bitcoin are being sold for las 4 months

We re talking about hundred thousand of btc here

So it is normal for btc to go down, and like usual all other coins follow btc
Zocadas
Hero Member
*****
Offline Offline

Activity: 909
Merit: 508


View Profile
March 10, 2018, 09:43:24 PM
 #17

If that would be a serious reason to dump cryptocurrencies, then they are actually still too high priced. No, look half a year ago, where prices of the cryotos were. Bitcoin was under 6000$; at beginning 2017 even only at 900$. Same on all other cryptos. So I can't admit, that "everything is down". But nevertheless the news is interesting, although it wont have a big  influence on longterm prices.
wanderloy
Member
**
Offline Offline

Activity: 182
Merit: 10

PRESALE BEGINS UP TO 45% DISCOUNT


View Profile
March 10, 2018, 09:48:24 PM
 #18

For me, I think everything is going down due to Bitcoin's drop.
We all noticed that Bitcoin is the carrier of the crypto market due its value pairing is bitcoin:Altcoin and not USD so everything will be going down and drop when Bitcoin is dropping.
FUDs and fake news are always the reasons behind of every crypto market dropping but the good thing is crypto market is always recovering every after few days of the dip and that's the fact.

BitcoinFrik
Member
**
Offline Offline

Activity: 140
Merit: 10


View Profile
March 10, 2018, 09:49:57 PM
 #19

The reason everything is dropping. People are scared SEC & The FCC will shutdown exchanges, ICO's and anyone not following securities laws that now also apply to crypto.

SEC Warns Unregistered Cryptocurrency Exchanges Against Listing Security Tokens
http://strategiccoin.com/sec-warns-unregistered-cryptocurrency-exchanges-listing-security-tokens/

The SEC just made it clearer that securities laws apply to most cryptocurrencies and exchanges trading them >
 https://www.cnbc.com/2018/03/07/the-sec-made-it-clearer-that-securities-laws-apply-to-cryptocurrencies.html

U.S. regulator urges registration of cryptocurrency exchanges
https://www.reuters.com/article/uk-usa-sec-crypto/u-s-regulator-urges-registration-of-cryptocurrency-exchanges-idUSKCN1GJ2VI

Cryptocurrencies Plunge 23% Overnight as SEC, Tokyo Whale Trigger Mass Exodus
https://hacked.com/cryptocurrencies-plunge-23-overnight-as-sec-tokyo-whale-trigger-mass-exodus/

What are your thoughts on this matter?

Hmm, I think pretty much the drop we had not long ago is influenced by the correction it's supposed to happen after such a bull run.
Myself for example, never heard of those regulations till now, maybe the big whales are scared.
vrabac68
Member
**
Offline Offline

Activity: 364
Merit: 10


View Profile
March 10, 2018, 11:00:46 PM
 #20

Everything will come back to normal.Just wait until april and you will see.Its the same like last year .On 1st of April XRP was 0.022 and NEO was only 0.20$ .Crazy so you will see the same thing happening this year
Pages: [1] 2 3 4 5 6 7 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!