Why Bitcoin Altcoin is Falling ? My View

[ziyush]

Many of you are new in this Market and many are Old, and who are in this field from last 1 year will understand that this fall is just a market correction and it will appear again and again.


in March 2017 there is a fall, and that fall is not this big like march 2018 Why?

Because from September to January, there are millions of new Investors joined cryptocurrency Market and thinking that they will double their investment within few months, they are not aware of crypto market , so when the market started falling then all such newbies reacted together and make this fall more big like if 10,000 users sell BTC together and reduce price to 500$ in same way 1 million new users reacted to small fall in bitcoin and reacted together and made this fall big to 5000$.

This is the reality and this is happening.

Now what will happen in 2018 when the market starts rising then this time this will be so big that it may cross all prediction, because again people start responding to it and those newbies who sold thinking BTC is crashed will buy again and hodl that money because after seeing this situation they will find that this fall is just crypto normal situation.

For me, this fall is necessary so that new investors understand the market.

Share your views

[StarKay]

I think Cryptocurrency is entering a new phase of regulations never seen before so this might have scared investors thereby making them to withdraw their money.
Scam ICOs are also not helping matters.

[Ms.cumshot]

Financial institutions are dumping their bitcoins which they have bought when it was @ $2k that is why this is just the 2nd phase of the dumpage that we will have,expect the worst CME and Wallstreet might be the ones who are dumping bitcoin then will buyback from the bottom selling at the peaks and repeat the cycle again and again until our market will crash.Why did i say financial institutions ? because manipulating bitcoin's chart needs billions of dollars simply they are the ones who has that.

[pranazzs]

Lots of FUD and bad news.
making traders panic to sell their assets.
and if you look at the charts last year maybe this year will also be the same as last year.
and will rise drastically by the end of the year.

[Polipog]

It is simply because of the peak season, that mostly people more on selling, because of personal needs. When price of cryptocurrency got lower level, it is based on the percentage of people who sell their bitcoin, that's why it affects also altcoins to down their price. Because once bitcoin lower their price, other coins also move their price down. Other coins are like a follower of bitcoin life status.

[TwSeventh]

the reason behind this falling due to demand,
as we can see,Bitcoin price went up from $800 to $6000 today in a year time.
from that point we could see that Bitcoin was overbought by people,to make a healthy movement and grow.
we need to have some correction in price to gain another momentum.
what i am talking about is,another adopters and newly investor.
back then when we were pushing the price,we could see a low performance from the investor which cause a weak buy orders.
from this we could see that there were not much demand.

right now Bitcoin started to advertise itself by discounting the price to gain or attract investor.
so it's just matter of time to reach its peak in the future.
at least until we are finding a good demand for it just like before

[BlackPanda]

I do not think there is a conspiracy here, it is a normal thing to happen and we also often experience things like this. The decline and increase in the price of Bitcoin becomes a very influential on the situation of market cryptocurrency. I am a person who always experienced the incident, I have known Bitcoin since 5 years ago. Significant improvements have also occurred and I've felt when the price of Bitcoin is only at 200USD rates. So I'll stay calm, because the panic will only make the situation worse. Believe that the development of cryptocurrency will get better, Bitcoin user growth becomes one of the reference that we can note at this time.

[Yuuto]

Many of you are new in this Market and many are Old, and who are in this field from last 1 year will understand that this fall is just a market correction and it will appear again and again.


in March 2017 there is a fall, and that fall is not this big like march 2018 Why?

Because from September to January, there are millions of new Investors joined cryptocurrency Market and thinking that they will double their investment within few months, they are not aware of crypto market , so when the market started falling then all such newbies reacted together and make this fall more big like if 10,000 users sell BTC together and reduce price to 500$ in same way 1 million new users reacted to small fall in bitcoin and reacted together and made this fall big to 5000$.

This is the reality and this is happening.

Now what will happen in 2018 when the market starts rising then this time this will be so big that it may cross all prediction, because again people start responding to it and those newbies who sold thinking BTC is crashed will buy again and hodl that money because after seeing this situation they will find that this fall is just crypto normal situation.

For me, this fall is necessary so that new investors understand the market.

Share your views

It's a lot more complex than that, along with the new government regulations and all that.

But yes, this is one of the biggest factors. The fact that everyone, whether or not they actually knew what bitcoin is or how it worked saw bitcoin as an investment to get rich quick. That results in a lot of weak hands in the end.

When the bubble bursts, everyone panic dumps. Plus the regulation news scaring investors, it's no surprise that the entire market is down right now. But all of this is bound to happen after a bull market, it's just a part of the cycle. Once the next bull market comes round, the same people who dumped coins on the way down will quickly buy on the way up again. It's just human nature.

[leland orser]

Because the current in a bear market, then the fall is completely normal, and the national policy for the whole market is not friendly, social media for ICO advertising restrictions, these are some affect the market price of bad news.

[Imfinnabeon]

You suggest that the fall is so that newbies can understand the market but that couldn't be further from the truth. For all we knew, the bull run could have kept happening for another year beyond but the reason it didn't is because the growth was unsustainable. Certainly not a pullback to "teach newbies a lesson", that narrative is wrong I believe. Don't forget we were all newbies once and this wasn't always the case, the markets were vastly different in 2015-2016 yet those investors learned as well. You can learn in a multitude of ways, not just bull run then correction.

[qiwoman2]

I think a bit whale consortium or cartel is at work here. Just like they wanted and are controlling gold and other commodity markets, ever since Bitcoin futures happened, everything in crypto literally plummeted over night. The big guns are shorting their positions but it hardly costs them anything because the hedge with the futures market. They have and are trying to destroy the wealth of the little guys, that's us in here who really believe in crypto. Those whales only believe in distributing the wealth right back into their pockets. Also a shit ton of noobs went into crypto late last year thinking they were gonna make a quick buck and they panic sold on the way down.

[boyshx]

Pretty convincing assumption according to the last years data but there also many more factors that affected this fall. The market fall can be more or less natural fall rather than peoples choice. I mean its been three months now bitcoin is continually falling down crazy and the reason many corrections in the month of January to February. Then in the February we hit the FUD of Korean exchangers bans which lasted for the two to three weeks. During this period Korean market dropped as popped had no choice but to sell whatever crypto they have got. Later on the Chinese new year stuck the market into ambiguity whether the china will publish unwanted news or something like that and thus no one was happy to invest into crypto. Such factors were and are important for the bitcoin to pump and dump it naturally.

[Kolder]

Because the current in a bear market, then the fall is completely normal, and the national policy for the whole market is not friendly, social media for ICO advertising restrictions, these are some affect the market price of bad news.

That social media ban ICO advertisement is just a FUD and not even affect the market price. Until now. There is crypto advertisement on social media. I believe the tax payment are the one affects the current market.

[lighterkek]

I think that this money is going to go into the market very much this year.I think they are in the planning stage of the future of huge investments and may also expect them to come down to a certain level

[Jimmy palumbo]

I think it's because many whale teams have manipulated the price of the market.
Because the market is so small, the whale team can manipulate prices at will.

[UltraHD_4K]

I just assume, this was happens as a result of some effect. It's true what is said by the thread starter occurs due to many investors who enter but not only that. Turning point is when G20 will discuss Cryptocurrency. It makes for a huge worry. Also banning issue take a part of this panic sell. It will take time to recover this.

[shamzblueworld]

Well I kind of agree to your point and obviously that is how it occurs, people sell in panic and the value drops, people buy in FOMO and the pump happens.
But don't you think this particular incident is going for a little too long? I mean I have not seen a drop so consistent and for so long for the last two years or so.
What are your thoughts on this?

[maydna]

Many of you are new in this Market and many are Old, and who are in this field from last 1 year will understand that this fall is just a market correction and it will appear again and again.


in March 2017 there is a fall, and that fall is not this big like march 2018 Why?

Because from September to January, there are millions of new Investors joined cryptocurrency Market and thinking that they will double their investment within few months, they are not aware of crypto market , so when the market started falling then all such newbies reacted together and make this fall more big like if 10,000 users sell BTC together and reduce price to 500$ in same way 1 million new users reacted to small fall in bitcoin and reacted together and made this fall big to 5000$.

This is the reality and this is happening.

Now what will happen in 2018 when the market starts rising then this time this will be so big that it may cross all prediction, because again people start responding to it and those newbies who sold thinking BTC is crashed will buy again and hodl that money because after seeing this situation they will find that this fall is just crypto normal situation.

For me, this fall is necessary so that new investors understand the market.

Share your views

this could be true because when the new people invest their money, they don't have much information about cryptocurrency and they only follow with what people did in cryptocurrency. they are hoping that they can be able to make a big profit in cryptocurrency but unfortunately, their hope was gone and now the price is just getting down and they become a stress to see the price. but they still have their chance to survive in the cryptocurrency and they don't have to sell their coin but they can wait for a while like what people did.

[yillusion]

There are many reasons behind, the main reason is that cryptos have pump too much in the past year, it need a big correction for the next rocket, its the market mechanism, the other will be the government regulation like China and Korea.

[steins19]

My view on why Bitcoin and Alt Coin is falling is simply because a lot of individual groups who have their own interest in the Crypto Industry clashes together. They wanted to take control of this new financial system in the form of Crypto Currency. The increasing number of coins that will become scam in the future also a reason why everything fall down. It's 'Scampaigns' to make a word out of it. It's hard to find new ICO that's going to hit in the market. And add the event of the bleeding market. But I guess everything just happens the way that it should. All investment come up to the point where everything is at it's lowest value. It happen even on stocks and banks I guess. This just just show that there is no solid financial system that could consistently work well for the longest time.