Who do you think take biggest responsibility on making the prices fall?

[Bianca phillips]

This is just an analytical question, not blaming nor scapegoating:
1. Who do you think have biggest responsibility on making those prices fall and keep down? the big sharks or purely the market?
2. Whether the ones who made it fall is the same one who keeps it down or not?
3. And what to do make them bounce again, although slowly?

[alyssa85]

This is just an analytical question, not blaming nor scapegoating:
1. Who do you think have biggest responsibility on making those prices fall and keep down? the big sharks or purely the market?
2. Whether the ones who made it fall is the same one who keeps it down or not?
3. And what to do make them bounce again, although slowly?

I think the mempool backlogs from October to February played their part.

Noobs were horrified at the fees, and the way it took ages to send stuff. The culprits for that are the exchanges - they hadn't been batching their transactions, even though the ability to do this for years. And some exchanges like GDAX were overpaying fees, which made things considerably worse because it forced everyone else to overpay too.

The result is that several retailers like Steam disabled the ability to pay with bitcoin. That was a big set-back in bitcoin's utility and investors sold as a result.

[Dmitry.Vastov]

This is just an analytical question, not blaming nor scapegoating:
1. Who do you think have biggest responsibility on making those prices fall and keep down? the big sharks or purely the market?
2. Whether the ones who made it fall is the same one who keeps it down or not?
3. And what to do make them bounce again, although slowly?

I guess both the big sharks and the market is equally responsible for the downfall in the valuation of BTC. Big sharks because they are the one who can make fluctuation in the valuation of BTC by either investing or withdrawing their money in huge amount and secondly the market which is a very important pillar in the fluctuation in valuation because the number of investors investing into BTC, higher will be the valuation and vice versa.

[cryptohunter]

gox dumpers
noob weak hands
media scum
whale sharks
paid fud campaigns

[Coin_trader]

Those cited reason from number 1 to 3 are responsible in any way for the prices fluctuation but still there are lots of other reasons that affect the Bitcoin price, the market itself is another one, the demand or the buyers buying bitcoins is certainly another reason, if there are more people buying bitcoins, the price will rise and if they are in panic selling due to some bad news, the price will surely fall.

[Red-Apple]

if you want to point fingers then first point your finger at exchanges.

exchanges are small which allows such big volatility to happen. if the order books were more packed with orders then a small sell or similarly during rises a small buy surge wouldn't have decreased or increased the price that much.
the reason for this is the fact that they are not regulated and are still pretty shady and untrusted.

so second finger should be pointed at users who are still using these untrusted places to trade. if we start demanding regulations and some sort of assurance against running away then exchanges will grow bigger, order books will be packed more and volatility will decrease also.

[CryptoBry]

I would blame that on fear...fear of losing money or in this case money if Bitcoin will further fall so many did convert their Bitcoin into fiat money. I think this is just the opposite of what happened towards December 2017 where many people were feeling the fear of missing out so they embraced Bitcoin at a high price...now the same people are looking at Bitcoin with feeling of disdain.

[yojodojo21]

I think , who should be blame here is the scammers, and attackers of Bitcoin in different country.
The acceptance of crypto currency in different country is quite a 50 50 decision, because scammers who continue to deceive investors, and make investors be afraid to invest again, (i'm not sure about it but it can also be a point).
There are also attackers who continue to hinder the acceptance of crypto in a specific country, and these are Big person who owns big bank company who doesn't want decentralization be a part of the country, (can also be a point)
That is my reason who has the biggest responsibility on making the price fall.

[Maikl]

I read an article about some cartels who manipulate the price. This cartel includes many people, including the media. Forcing people to panic when they need to and make them sell.

[cellflash]

My opinion, i think it is the scammers who ruin the trust of bitcoin investors.. Less investors, less income revenue, low value of bitcoin..

[NewBet]

It will have to be the balance between supply and demand in the market which means that when supply surpasses demand in the market then the prices will  be going down because there aren't enough people buying off the supply to balance out the market so prices drop but once demand starts picking up and people start buying it up then prices start to climb back up again.

[jrrsparkles]

This is just an analytical question, not blaming nor scapegoating:
1. Who do you think have biggest responsibility on making those prices fall and keep down? the big sharks or purely the market?
2. Whether the ones who made it fall is the same one who keeps it down or not?
3. And what to do make them bounce again, although slowly?

I think the sharks or whales,have a great part in the prices drops and rises but they are not completely controlling but they are just start the price drop and the panic will do the remaining and then they will buy again when the price reached the bottom level there is no reason if they want to keep it down always.

[tonylewisverdu]

the general population do not effect the market that much. it's the whales who change the market and it's hard to know why some of the changes happen.

I think bitcoin futures has been responsible for 2018 as whales make money dropping the market then buying after the futures date. at some point it could work in reverse...betting on btc going up and maybe this is starting to happen as the whales don't want the market to go too far down.

[aoihs00]

This is just an analytical question, not blaming nor scapegoating:
1. Who do you think have biggest responsibility on making those prices fall and keep down? the big sharks or purely the market?

Nobody is having any responsibility of dumping or pumping the coins. If someone is going that then they are doing it artificially and at their own will. Now the thing is we can not stop that from happening as we are surfing the decentralised market based on the public leader, anyone can fiddle with it if they have enough funds! If the prices are falling or even increasing then it could be both whales or natural market.

2. Whether the ones who made it fall is the same one who keeps it down or not?

Refer to the first question's answer and it makes it clear that it depends on the situation. Also, I am sure that if whale are making it drop then they will let it grow naturally so that they can gain profits.

3. And what to do make them bounce again, although slowly?

Off course purge the more volume into the market which was void before due to mega dumps!

[Xester]

This is just an analytical question, not blaming nor scapegoating:
1. Who do you think have biggest responsibility on making those prices fall and keep down? the big sharks or purely the market?
2. Whether the ones who made it fall is the same one who keeps it down or not?
3. And what to do make them bounce again, although slowly?

One of the biggest reasons why there is a huge fall on bitcoins value. First is the correction, the huge drop from 20k$ to 10k$ is a correction, 20k$ was an overvalue and when the correction occurred it crashed down to 10k$. Second is after the correction the banning of bitcoin by google, facebook and twitter; this news caused panic on the market causing many people to sell their btc. Third, MT gox selling of their bitcoin in a huge volume; MT Gox needs to refund their investors that is why the sell a huge amount of their bitcoin to pay their creditors. Fourth, exchanges pays their taxes; when the exchanges pay their taxes they are forced to sell a huge amount of bitcoin at their disposal to cope up with the million dollar taxes.