Why is the market red

[littleheart]

Obviously your person wasn't right. It didn't require an examiner to know there's going to be a blast. Indeed, even I knew there's going to be a bring up in the cryptographic money showcase. Furthermore, wow, I trust the cost won't fall up until June 2018. Not certain about July however, we should perceive what happen.

[mh6e]

You tell me?

A guy I know that is a dedicated chart analysts predicted a big drop as you guys declared a bull. He went into hiding because it looked liked he was wrong but the negative Red I see is mind blowing.

What’s going on?

First I want to say it is a cycle which when market is low people want to buy, results value will rise and when the results are good (green)here we are going to sell it, that it is because of greater supply it will flow and get a pop up and later down... down... down.   

I know this is short but I know this would be helpful to you and maybe in our research tomorrow.

This kind of trend is normal in crypto. This how business works its pump and dump. During high value investors sell coins and then buying again when its low. But there's also a lot of factors affecting down market it could be due to negative news,security issues or it is manipulated.

[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$, for you a recovery is to get 250$??

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.

with a big difference. laws, legislations, end of anonimity, banks and governments massively against crypto, or at least to slow their developpment, and huge bad news about scams, false ICOS and the FACT that the price was a clear manipulation, means there will be no bullrun to full recover.

As i said, at best, the market will go to 600$ and 9k for BTC. That's not a recover. Not even that.

[Betty10]

More and more investors keep pushing in and out, causing instability in the market. They all want to hear a positive outcome on any bitcoin discussion, so in anticipation to this news, they join the train of bagging bitcoin and waiting for the bull run so as to take profit, but if the news is not coming forth as expected, they panic sell and red we go.

[Mamahmuda22]

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.

yes, because things like this usually happen so we don't have to panic, you have to use the current situation to buy in the long term, because I'm sure the price will rise soon. I hope the prediction that the end of the year can go up will really happen.

[jaeheeiuls]

It's scary, look at the cryptor market, all red, haha, I can not believe it

[ataki]

Market is red today and BTC decreased the less amongst top coins. SEC prolongation of  ETF decission  on BTC to end of Sept surely impacted  this market drop as  it was hanging these days on speculation about ETF. Combined with other negative news we have bloodbath today.

[romeolopez21]

The cryptomarket is in the great trouble now, a lot of altcoins are stagnant and can't be restored, there could happen something to change this situation as soon as possible.

[b_economic_d]

In my opinion, the market decline is mostly due not to specific events, but to negative news and rumors.

[ZonaCrypto]

First, this was to be expected. After the rapid growth, which was at the end of 2017, there is always a decline. Second, bitcoin is a young currency. And besides, the issue of regulation of this currency is still controversial, whether to officially accept the cryptocurrency, or to ban it.

[stefany101]

Isn't it obvious? Markets are bleeding because of traders that are being panic on selling their coins to take profits but they don't know it can still increase if they wait for a while. For now, let's be patient on our coins because bull market is yet to come maybe in the last quarter of this year.

[vidivici]

This red market condition is due to the imbalance between supply and demand in crypto currencies. This imbalance is usually due to massive panic movements, panic selling or panic buying in droves. Of course this makes the market unstable. Besides that, this red condition can last a long time because most people are waiting for a change even though when we don't change it, the situation will remain the same. Many of us are afraid to take risks so we choose to hold the coin until normal conditions. Thoughts like this will actually make the red market grow longer because many people think so that the market will remain passive without movement.

[dfktynby1004]

Correction. I could stop my discussion on this, because the proposal is over and everyone understands everything, but if we go deeper, we can say that a sharp flight to 20K was unnatural and all the indicators were dying from this, so that the redness of the market - is quite a natural situation.

[success65]

I believe that it was predictable because there was a huge rise . the fall was to be expected

[Iykecollinz]

It is a very bad season for newbies, noticed a lot of green last year and this year have been the reverse, requires a lot of caution

[rinimalo]

Bad news has a very strong effect on the price of coins.  But I think everything will be fine and in a couple of days the market will recover.

I also think that the cryptocurrency market may win better development, but at present our market is in the black stage, and the market is continuing to decline due to hacker attacks!

[codegnome]

2017 is a really good year for cryptocurrency, when the market was green and prices are really fastly going up, so we need to have one worse year, and this is 2018...

[LaurenProfi]

Experts say that at the moment the rate fell due to negative news in the media, in particular due to the imposed bans on the use of cryptocurrencies in some countries (South Korea, India, China).

[lubah]

You tell me?

A guy I know that is a dedicated chart analysts predicted a big drop as you guys declared a bull. He went into hiding because it looked liked he was wrong but the negative Red I see is mind blowing.

What’s going on?

red market because many people go to Fiat. Sell their coins and go to Fiat. The market has formed a panic, which led to the fact that a lot of people began to withdraw large amounts of money, respectively, the market began to fall.

[RistirP]

Do not worry, i think, the market will soon show excellent results for the growth of bitcoin and altkoy. The mood will rise abruptly.