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Author Topic: Why Cryptocurrencies are falling today?  (Read 436 times)
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May 15, 2018, 11:46:48 PM
 #41

I think this is part of the changes that we accepted in crypto currency as we all know that it is volatile and we need to accept that as part of the changes of it.
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May 16, 2018, 01:48:57 AM
 #42

Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.
Something happened on South Korea that brought fear to many traders.



That's been mentioned as a reason, but logically I'm not sure it makes the most sense... the Mt Gox seller dumping 8K btc (plus bch) probably was the reason.

And unfortunately he has more coins to sell, so this won't be the first time we see an unexpected dump.
There are a lot of reasons why there has been significant drought to the market and we are striving to recover.

If he's about to sell then he should wait for a better price so that everyone could ride him along. But I guess he's also in panic and he just want to get out of the market until he can.
People are constantly involved in dumping, and some people will re-enter the encrypted world. This will not change. Most of the time, they will be in a state of equilibrium.
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May 16, 2018, 02:01:29 AM
 #43

We never identify the real cause  why crypto currency is falling down,one thing of it's down fall is when we  apply the law of  supply and demand. A lot of  different  new coins in the market  now, and the result is very strong competition and it affects much the value of each coin.
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May 16, 2018, 02:04:07 AM
 #44

Once again, I have to say that the OP is making the mistake of looking only at the short-term trends. We need to remember that the exchange rates are still 8x greater than what we had almost 1.5 years back.

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May 16, 2018, 08:30:33 AM
 #45

There are so many reasons of price fall. But I think the main reason is demand and supply. From last few days some news are affecting traders that could decrease demand.  And it might be the reason of price fall.

The market values of the crypto coins are falling and that one of the major reason behind that was the decrease in the demand rate of the crypto currencies and other than that, panic selling is also one of the major reason because of which there is a downfall in the market value of the crypto coins. However, the market value of the crypto coins will surely rise in the future and that we need to hope for the best.
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May 16, 2018, 08:37:09 AM
 #46

The news I saw was because the Korean Exchange was investigated and it caused market turmoil. I am not sure whether the news is true or false, but there are many places where the news is false. The most real information we can know is the currency price.
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May 16, 2018, 08:41:20 AM
 #47

Too many people were waiting for growth in connection with the Consensus of 2018. But as you know, the market acts against the masses. I think this will continue for the next few days
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May 16, 2018, 08:48:02 AM
 #48

I think the market will on side away and correction until in a few month more, because not yet any good news that can make more demand. To make profit from this situation the best thing do is day trading, dont too much take profit because situation of market not support the price going up to the moon. Could be in the last of this year the market cap will increase double and all crypto will also increase.

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May 16, 2018, 11:06:19 PM
 #49

Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.
Something happened on South Korea that brought fear to many traders.



That's been mentioned as a reason, but logically I'm not sure it makes the most sense... the Mt Gox seller dumping 8K btc (plus bch) probably was the reason.

And unfortunately he has more coins to sell, so this won't be the first time we see an unexpected dump.
There are a lot of reasons why there has been significant drought to the market and we are striving to recover.

If he's about to sell then he should wait for a better price so that everyone could ride him along. But I guess he's also in panic and he just want to get out of the market until he can.
People are constantly involved in dumping, and some people will re-enter the encrypted world. This will not change. Most of the time, they will be in a state of equilibrium.
Yep this is the normal cycle in the market and not only in cryptocurrencies but with stock market too.

Dumping in a way to make money and then later on will set a good entry point that they'll make them have good enough profit.

Too many people were waiting for growth in connection with the Consensus of 2018. But as you know, the market acts against the masses. I think this will continue for the next few days
There's no reaction for now but maybe after the day or two or week we'll see the growth again.

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May 16, 2018, 11:08:03 PM
 #50

I think the current reduction of cryptocurrency is a natural thing and that is the cycle of rising and falling coin prices. so this will not last long and can serve as one of the benchmarks to buy and sell.

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May 17, 2018, 02:04:41 AM
 #51

The cryptocurrency market at the up, down is normal. Today, the price of coin in the cryptocurrency market has gradually increased. The market has turned green, signaling very good signal and good news for investors. Compared to early 2018, the cryptocurrency market is stabilizing and developing.

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May 17, 2018, 02:07:23 AM
 #52

There is no need to worry about these short-term minor price swings. Crypto market is a very young market so more volatile than established markets so reacts faster and more to any news. The crypto bull is intact and the big trend is up so stay with that.
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May 17, 2018, 02:23:17 AM
 #53

Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.
[/quot
Some countries declared to ban the coins in their countries so the price are influneced by the rules adn make the low prices comes.

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May 17, 2018, 02:35:38 AM
 #54

Personally, I think, I would advise you to stay calm because before the big event there is always a withdrawal happens no need to panic. Continue to watch the market, prices will rise soon. last week we saw an increase in the market and now it's time for a correction. I think the correction will stop after the start of the Great Conference.

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May 17, 2018, 02:37:46 AM
 #55

There is no need to worry about these short-term minor price swings. Crypto market is a very young market so more volatile than established markets so reacts faster and more to any news. The crypto bull is intact and the big trend is up so stay with that.

   Old holders are cashing out, new people are buying. There are more
sellers than buyers and price is dropping.
   Members here should pay attention on your post Sephire. We don't
need to worry about minor price swings. Crypto- market is young, there
will be many more bull runs in the future too, like until now.
   Price can't go up all the time. More and more people are starting to
trade. 24/7 market means a lot of people buy&sell all the time, it's
normal for prices to have fluctuations. Who plan to invest in crypto-currencies
should be aware of that.



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May 17, 2018, 02:37:46 AM
 #56

This drop is normal. These are not too large, especially in the current volatile market, many situations will fall. So just make up for the shortfall when you fall, and then you will be more and more. Collect more chips.
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May 17, 2018, 02:50:25 AM
 #57

Too many people were waiting for growth in connection with the Consensus of 2018. But as you know, the market acts against the masses. I think this will continue for the next few days

are we too dependent on the result of the concensus? i think the market will act positively on this so called act against the masses because the more you push away the market to the masses the more the market strive to cut a piece on it.

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May 17, 2018, 03:00:23 AM
 #58

Maybe one of the reason is crypto currencies were got banned from Google, twitter, facebook and in instagram, these kind of action from the assets of crypto currencies can really affect the market situation. Aside from this their are many panic sellers in the market that oftenly shaken when their is undesirable situation of the crypto currencies.

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May 17, 2018, 04:09:24 AM
 #59

Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.

the ones I see today do not fall and are currently re-greening and I'm sure the market will recover in a long time because many people are waiting for bitcoin prices and altcoin prices are back on steady and I'm sure the market will be good by the end of 2018
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May 17, 2018, 06:11:13 AM
 #60

Cryptocurrencies are currently falling perhaps this is due to the resistance that is so strong that it had hinder the growth of cryptocurrencies. Other factors, are just merely negative news and FUD's could add the dip on the cryptocurrency and maybe it's just the correction period where it is gaining momentum for another rise in price hopefully to  recover soon.
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