Market status

[StevenCS]

a lot of bad news and rumors are spreading everywhere, and indeed bad circumstances, but this causes beginners who just want to earn money quickly, decreased and stopped. it takes patience.

[xabi alonso 88]

I left my job as director to focus on BTC, I considered it as a profession, I study technical analysis, market analysis to invest more confidently.

[miti bounty12]

In my opinion, that is normal, we are in March of 2018, please be patient and wait, do not sell off at this time

[ronaldo 1994]

The sellers are scared to sell out, the sharks will gather, then wait for some time to price, I think so.

[dragon 88]

The sellers are scared to sell out, the sharks will gather, then wait for some time to price, I think so.

[mardid 85]

The sellers are scared to sell out, the sharks will gather, then wait for some time to price, I think so.

[leea-1334]

Not just one there's a lot of recent bad news going about crypto.

Google banning ads
https://www.theverge.com/2018/3/14/17118846/google-ads-ban-cryptocurrency-ico

Japan lobbying for cryptocurrency regulation in g20
https://www.cnbc.com/2018/03/13/g20-meeting-japan-to-prevent-cryptocurrencies-for-money-laundering.html

Recent warnings coming from crypto friendly nations like taiwan and Philippines.

But again we too have some good news about crypto being adopted by reputed brands.
IMF CEO hinting about the usability of blockchain and adapting cryptos.

Eh, what is so bad about Japan lobbying for crypto regulation? Do not be blinded by thinking that all regulation is necessarily a bad thing. Look at Japan's history with what happened in Mt Gox. They felt terrible about it, and from there started the world's first government regulations. They did not ban crypto, they only wanted to make it regulated through exchanges. Licensed exchanges. Protection of client funds. Suspending exchanges recently. That is all good. Read what Japanese minister said, and you see what they want.

[cris ronaldo]

It's hard to predict what's going to happen next, I'm still playing long term, I feel this is a great opportunity to buy,

[cris hazada]

google, korea, japan are having a strong impact on the market, causing the prices of altcoins, BTC fell sharply, in my opinion, this time you should buy, and long term hug,

[iconoclast]

The most recent drops have been caused by announcements about regulation of cryptocurrencies. IMHO regulation is inevitable and will actually open the way for institutional money being invested in cryptocurrencies which will send the prices soaring. Best to treat these dips as buying opportunities.

[wishere jean]

I have experienced many storms, and when the news, the news also reported bubbling bumps, resulting in the BTC and the altcoins increased the gallop to a new peak, storm market in March I feel is normal, please be patient

[naldal barcelona]

The situation in the market today is very similar, every two days green, a red day, the market is suffering a lot of bad news, so other investors dare not dare to invest capital, I believe in April 4-5 will have good signals to other investors poured capital into,

[xKARELx]

I feel that I need to keep myself in hand and believe in the best .. who are weak in spirit, they will start selling everything at a very low price, but then they will regret it for a long time ... to remain strongest)

[avirdoz]

Hey guys! I'm sure everyone's noticing the drop in the cryptomarket. Is there any particular reason for this? Is the bubble actually popping. I've heard that supply and demand, selling more than buying are like the main reasons for the market to drop. Even google announced that they ll be banning the ICO and crypto related ads.
What do you guys feel about the whole scenario right now?

That's not how bubble pops. It would be instantaneous... like Bitconnect, for instance.
Cryptocurrencies are constantly under pressure from media giants and the government. Of course, this all affects the price. But I stay positive, and think we'll see another picture at the end of the year.

[bosede1]

For me I will say this is due to the volatility nature of the crypto, just like last year I am looking forward to period such as December. " I've heard that supply and demand, selling more than buying are like the main reasons for the market to drop" quoting what you said you are also right.

[chocopapaya]

The biggest reason for the current dip has nothing to do with announcements , hacks, or bubble popping or anything.
In fact, the market is incredibly stable the past month.
If you compare it to last december, yes, it is a bloodbath.
But for the past month the rises and falls in value haven't been too extreme.
Of course, it feels extreme because a small percentage decrease can sway the price of btc a thousand dollars.

The reason why the market hasn't made huge gains is because there is no new significant money coming in to crypto.
A vast majority of the new money that came in last year are just desperately holding what they have.
As the market stabalizes, then it becomes ripe for new investment to come in.
Particularly, institutional money as they see the market can be relatively stable.

As far as the bubble popping, no way, not yet.
Bubble economies reach trillions of dollars of worth before popping, crypto is still in its infancy.

[TheFirstCreator]

I think that such a total fall of the market began with a strong Bitcoin dump, and since the other coins are heavily dependent on it, they also began to lose in price.

[morkovka23]

I believe that this drop is just temporary, and by the end of spring it will go up and stabiliziruemost nothing to worry)))

[jyotianand01]

Drop and upside are a common thing for money markets and crypto currencies are also define as money market. This market is in down trend and a positive news can give market a big boost and everyone is waiting for that to come.

[lancer10]

I did not think crypt is a bubble, but there were too few people in the community who are here for the idea, not for the money.