What started this bear trend?

[slaman29]

Market is not easy and sometimes it seems absurd but actually it is not so. Trading and investing is not a simple action there are a lot of reasons which need to be analysed and trades who has not enough experience consider that somebody cheats them and manipulate market. It is not true. Look at gold it has the very long positive trend and anyone might buy and hold it several years. And nobody tell you exactly why crypto market are now bearish.

That is usually the thing. There would always be market makers as they are the ones who simply call the shot in every market and they are definitely in this market which I believe we can also refer to them as the institution and whales. However, everything is still based on the outside and I am sure there is really no way we cannot expect them not to keep making more money out of the noobs without experience who just want to make money from trading over night and there trading without any form of experience or knowledge.

Yeah, I wish people would stop blaming "the bears" and "panic sellers". Without market makers, no market. No takers, no market. No volume, no nothing. We just have to accept that there are always both sides to the market and maybe much of it is going on AS they want it to, not as we think they are. People are all making livings of these things, why reduce their efforts to emotion, panic, FUD, etc?

[Bet9ja111]

It is maybe due to panic and artificial negative cloud created by the whales.
This reduces the confidence of juvenile traders and likewise the market value.

[EdenHazard]

this bearish trend occurs because the global economy slows down and can be practically down from the previous year. unemployment rate increases, FUD is spread everywhere, trade balance deficit. negative corporate profits and other factors such as, negative news that keeps coming to hit the crypto currency market and many more to consider!. this situation makes some users and traders panicked and continue to sell the coins they hold. if such things continue the market will continue to weaken and difficult to grow again, the positive side of this bearish trend is usually always a reflection to re-see the bullish market, the price will usually exceed the previous nominal, even likely to create new record values.

[_Gajah]

Hello, I have been hearing many rumors going around saying the rich are manipulating the market? does this statement uphold its value?

I think it's true because if we look at purchases and sellers we can see if any big investment really will change the market value, so essentially all the coins in the amount of the average for the number of investors,

[Sadlife]

Yep there is conspiracy theory that's been circulating the internet since the bearish trend began and that is whales manipulating the market to buy cheap bitcoins. But this is really what's going on, there is a recent news that 120 billion crypto coins has been stolen from an exchange site, government's regulating crypto's. Google and facebook banning ICO ads. I think this maybe the more believable cause.

[InvestICO2L]

This is the cause of whales selling their crypto currency a consensus formed by group of people to dip the price then sell again when the price surge. Some say that this is because of some trading site's bug being exploited and hackers get free bitcoins. Some say that scammers is manipulating the prices through spoofing and producing fake transaction in order for people to buy or sell their coin.

Truly whales are trying to control the market, they are probably holding a large amounts of bitcoin. Evidently they want lead the market value be in  drop or dip in their two cents. It’s more likely that they are taking advantages of FUD syndrome to earn a big benefit. With this kind of strategy, whales make many investors, traders be in panic and afterwards selling their coin unnecessarily. Exactly whales will buy that bitcoin and when they buy enough bitcoin, they will control the market.

[voztata]

This is the cause of whales selling their crypto currency a consensus formed by group of people to dip the price then sell again when the price surge. Some say that this is because of some trading site's bug being exploited and hackers get free bitcoins. Some say that scammers is manipulating the prices through spoofing and producing fake transaction in order for people to buy or sell their coin.

Truly whales are trying to control the market, they are probably holding a large amounts of bitcoin. Evidently they want lead the market value be in  drop or dip in their two cents. It’s more likely that they are taking advantages of FUD syndrome to earn a big benefit. With this kind of strategy, whales make many investors, traders be in panic and afterwards selling their coin unnecessarily. Exactly whales will buy that bitcoin and when they buy enough bitcoin, they will control the market.

This is a common principal that the ones who has invested more money into any of the crypto currency has a major hold of that crypto currency and that at time when he will sell his crypto coins, then this will badly affect the market value of that crypto coin. This is the reason why the bug whales are doing this much of the manipulation as this is something which is helping them in making bigger profits.

[winterland]

I saw a Crypto expert has said that Rothschild family and other main capitalists do it.

People need to stop thinking in this kind of conspiracy theories, bitcoin went down because it was necessary, it was impossible to maintain the growth we were seeing, then people panicked and this made the crash faster and more profound than it should be and the price is not recovering basically because now people are afraid this could happen again.

[DeadCoin]

Hello, I have been hearing many rumors going around saying the rich are manipulating the market? does this statement uphold its value?

There are more chances to it.  The shakes and whales do occupy major portion and holds back which in turn does not support the growth. When the coins are circulated the value grows up but when there is no circulation, the value remains the same or does not manipulate much growth.

[Pritt]

I also feel that the main reason, is unfortunately, some manipulations. You shouldn't be cryptorich, you can be just rich, and so enter cryptos and shift the market. Market cap is huge, but not comparable with fiats, so it's very possible. Low circulation due to Hodl also negatively effects prices

[blackandred]

i think there are the following factors . 1. Mtgox is selling bitcoin in bulk . 2. upbit was investigated by the government.(south Korea's largest exchange)  centralized exchanges often have problems . hope they are eliminated .

[b1marlin]

Hello, I have been hearing many rumors going around saying the rich are manipulating the market? does this statement uphold its value?

whales are releasing their holdings and buy back at low.
many countries want to regulate the capability and manipulate many cryptocurrency especially bitcoin.
FUD and fake news make people panic.

[Methazo]

It's interesting how some news of hard forking coins to prevent ASICs from mining brings out all of the secret ASICs on the market.

[Willitivity]

The biggest problem is the manipulation from whales who dump at higher prices and buy back during dips.
And again the market is just so delicate and fragile, whatever small news turns to FUD, put people in panic mood and everyone will start selling off like an apocalypse is coming.

[Osarman]

Hello, I have been hearing many rumors going around saying the rich are manipulating the market? does this statement uphold its value?

Well, the statement actually holds! Let's face one thing, the whales rule the market one way or the other, and this is still a very small market with so many inexperienced traders that makes it easy for them to manipulate as that is where they simply get their own bucks.

Anyway, we cannot run from it and we will just have to accept how things are and even though some may not like the idea, but there would always be market makers.

[BaraxLo]

Everybody have been ready to start to the moon after Consensus, but marketmaker dont think so.

Lol. I guess market maker are still trying to have a filled day trying to drive it a bit downward to get to hold more position for the long run before thinking of the moon. Well, we are here and that is one thing we may just have to live with.

However, the bear trend was inevitable after the unnecessary FOMO last year, so we just have to wait to see how the recovery phase is going to be like or how far we go lower as time only can give us the answer.

[bitgolden]

Bitcoin bear market is due to the market cycle after serious of pump market consolidating for previous high and this is the nature of market there will be sudden high in prices and sudden low

News, market movement and all sort, will only affect those who allow the movement to affect them. Nevertheless, it is strange to see people investing for the sole reason of making quick profit when bitcoin is not a get rich quick scheme or the whole crypto environment but it is meant to be a way to invest in the future.

Nevertheless, I guess this is one of the things; we will have to keep seeing. Bear trend is normal and anything could have caused it but in general, we cannot expect a market to keep moving up without some corrections.

[AbyssLagiaz]

Bear trend because of the manipulation of the whales or those who are rich? We can accept the fact that this whole game of crypto is because we're taking advantage of the pumped price that has been done by large investors or the whales. During the bear trends, it can be because of the seasons. Traders also have their own lives celebrating some occasions then because of that occasion they intend to use their side profit from cryptos rather than their own net profit from their own respective jobs.

Because cryptos are quite accessible globally, everyone has their own choice to sell. Now that sell turns coins into dumped coins hereby increasing the supply. Now because the supply is increasing where it becomes higher than the demand, the price tend to dip in certain occasions.

[etron]

Hello, I have been hearing many rumors going around saying the rich are manipulating the market? does this statement uphold its value?

not just rumors but it is likely that the news is true because the whales who destroyed their markets made a profit themselves and the victims were small traders, when they had profited and then left.

[@theman]

It seems to me that it is. Most likely we are completely dependent on the whales ' desire. And they decide whether the price will rise or fall.