Why is the market red

[Robert12312]

i think many people give up and don't believe in crypto currency, many government still not accept Bitcoin although they see advantage of crypto currency can bring to people. Bad news recent day also effect market.

[1714865445]

1714865445

[1714865445]

1714865445

[1714865445]

1714865445

[1714865445]

1714865445

[markalis]

The SEC has postponed its decision on the Bitcoin ETF, supported by CBOE, until September 30. is this what causes the price of bitcoin and altcoin to decrease?

[kryx]

The SEC has postponed its decision on the Bitcoin ETF, supported by CBOE, until September 30. is this what causes the price of bitcoin and altcoin to decrease?

Probably this was the main reason, you can buy now and wait for September...

[enhu]

SIMPLE AS THIS.


NOONE IS FUCKING BUYING THIS SHIT COINS.


And watch out, BECAUSE EVEN AT THIS PRICES THE DEMAND OF THIS COINS IS SO LOW I CAN PREDICT ANOTHER DROP TO 300$ FOR ETH OR LESS, and market not recovering NEVER EVER.

been warning people for a long time. And people keep investing. Well, they deserve this nightmare they are suffering. they will get rekt.

But your signature says the different thing. It says "600$ for ETH and 9K for BTC by end of 2018. And i'm being optimistic. 21:22 PM 11.07.2018. Spain."  

Truth is that, even if bitcoin goes back to $800 just as how it started since 2016, people will still buy it. There will always be someone like me who will be into it which is why it will survive. Whatever will happen I don't think I'd ever regret. I'm still happen I got some BTC that I bought at $12k.

[NikNikKomarov]

Everything is obvious. Very many investors after a long wait began to sell their coins. Without waiting for the increase in the price of crypto currency, people leave it massively. Therefore, due to the fact that the demand for crypto currency is decreasing, its price is also decreasing. This explains the entry of the crypto-currency market into the red zone.

[enhu]

The SEC has postponed its decision on the Bitcoin ETF, supported by CBOE, until September 30. is this what causes the price of bitcoin and altcoin to decrease?

Yes I've read that. They now are going to keep postponing it now that they know that every time they keep rescheduling the price drops. Of course the plan it to keep buying so if they intend to do so, they will keep rescheduling the decision and it could drop to $2k if ever. That might just be too much but its going to be a battle for the community and its going to be fun to see if they actually do that.

[markgayamo]

Why the market is red because, many holders and investors sell their coin in a dump price and that's why the market turns red faster, there is dumping happening they want to sell their coins in that particular price not in the ICO price as they expected. This is actually happening in many exchange markets but, why for the right time to sell your coins so that you can earn more profit and try to updates in some sites because, each sites are not the same price of the coins.

[Tahdayi]

Well, because that year was a very bullish trend , and the market tend to throw off money to earn big wallets again ,

[Mairiri]

too much bad news about crypto. especially bitcoin. that is what makes the market red. all prices go down. need positive things about crypto so that all prices can rise again.

[maryanti]

The biggest news hackers have managed to steal from various sites, like MYETHER, making many people sell their eth because they are afraid their ETH will be taken.

Because of these hackers and other, the price of altcoin has fallen sharply.

[waterisgood]

The biggest news hackers have managed to steal from various sites, like MYETHER, making many people sell their eth because they are afraid their ETH will be taken.

Because of these hackers and other, the price of altcoin has fallen sharply.

Some people are just cashing out what they just made through the holidays.

[Irkytsk38rus]

It is very difficult to understand why the market behaves so badly. The news is good coming out and the development of technology is going on incomprehensibly why such a fall happened

[Milkymann]

Now we've got all red market because SEC has extended the decision about bitcoin and etherium. it's world news and all people panic sale their crypto.

[itssawai]

Market has dropped badly (around 10-15%) today because of SEC delayed bitcoin ETF until 30th September, but this has happened earlier as well. Market will recover itself and it's just matter of time before bitcoin starts it's dream run. 

[Ompyon]

Market has dropped badly (around 10-15%) today because of SEC delayed bitcoin ETF until 30th September, but this has happened earlier as well. Market will recover itself and it's just matter of time before bitcoin starts it's dream run. 

the impact of delaying ETF is indeed felt, but if we already understand the condition of crypto price movements, we need not worry, even if we need to invest again for long-term investment.

[Eclipse2021]

We had a huge pump back in december so the revers was only a mater of time until it began to happen. This is something normal and we should all be aware that bitcoin price was cents at early days.

[Piskeante]

SIMPLE AS THIS.


NOONE IS FUCKING BUYING THIS SHIT COINS.


And watch out, BECAUSE EVEN AT THIS PRICES THE DEMAND OF THIS COINS IS SO LOW I CAN PREDICT ANOTHER DROP TO 300$ FOR ETH OR LESS, and market not recovering NEVER EVER.

been warning people for a long time. And people keep investing. Well, they deserve this nightmare they are suffering. they will get rekt.

But your signature says the different thing. It says "600$ for ETH and 9K for BTC by end of 2018. And i'm being optimistic. 21:22 PM 11.07.2018. Spain."  

Truth is that, even if bitcoin goes back to $800 just as how it started since 2016, people will still buy it. There will always be someone like me who will be into it which is why it will survive. Whatever will happen I don't think I'd ever regret. I'm still happen I got some BTC that I bought at $12k.

for me a recover is getting to December values. It seems we share different opinions on what is a recovery. If you lose 500$, for you a recovery is to get 250$??

[Wyndesam]

The market is now resting and gaining strength in order to have the next bullish trend , I think we need to wait for positive news

[bitChipper]

SIMPLE AS THIS.


NOONE IS FUCKING BUYING THIS SHIT COINS.


And watch out, BECAUSE EVEN AT THIS PRICES THE DEMAND OF THIS COINS IS SO LOW I CAN PREDICT ANOTHER DROP TO 300$ FOR ETH OR LESS, and market not recovering NEVER EVER.

been warning people for a long time. And people keep investing. Well, they deserve this nightmare they are suffering. they will get rekt.

But your signature says the different thing. It says "600$ for ETH and 9K for BTC by end of 2018. And i'm being optimistic. 21:22 PM 11.07.2018. Spain."  

Truth is that, even if bitcoin goes back to $800 just as how it started since 2016, people will still buy it. There will always be someone like me who will be into it which is why it will survive. Whatever will happen I don't think I'd ever regret. I'm still happen I got some BTC that I bought at $12k.

for me a recover is getting to December values. It seems we share different opinions on what is a recovery. If you lose 500$, for you a recovery is to get 250$??

December was a parabolic move in Bitcoin, the alts had parabolic moves back in the spring of 2017, in terms of bitcoin we are around the same levels as back in november.

Alot of newbs must be just giving up selling at a loss unfortunately, especially in altcoins, so many alts are near/making new lows.

[Halbert]

I believe that the market is in decline because no one expected such a long bearish trend and therefore people started selling all the coins