Main reason for the price drop

[Haterstestbtc]

Main reason for the price drop are mostly varies in supply and demand adding with some FUD on the main thread which people do panic it can contribute also in the whole stock exchange causing dropping but this is just a normal way of developing cryptocurrency as years have past which popularity is getting bigger.

[anavir]

Negative news is one of the reason because it makes some of the investors got panic.Some would withdraw or sell and some would hesitates to buy more which makes i think the market unbalance.It should be more stocks and more demands

[heavenknows]

I think it's not only the bad news that is causing the drop but also big market players manipulates the price. There is also a report that they are going to sue big market players and ensure that they will have to do what it takes in order to take him out of the crypto markets.

[Choii]

Main reason for the price drop

Do you think this is the reason, or the movements of the market are normal ?

The common reason why almost all price was drop especailly in cryptocurrency because the people sold their token, so that's the time the market get crash. Anyways, when it come to the market the movement of the price is normal, i mean 'cause when the people buy a token the price get higher and when they sold the price get lower but if the token that you buy or invest drop to the deepest price and  end up to zero, it's not normal because all your fund will be lost.

[DonFacundo]

I think the main reason why the market is down because of the panic sellers who afraid to losing their money mostly are new investor of cryptocurrency, for those who hold will gonna earn profit soon because they believe that the market will recover.

[LooBaao]

I think it is totally demand and supply when market goes little down and there is no demand for the price dropping more and more with non-breaking and that is why the price is drop down more.

There are a number of reasons why the Crypto market is down, to make statistics and to say one thing for exactly the impossible, supply and demand are always changing, and Crypto exists all over the world, so some main situations The economics of some countries accepting Crypto turbulence will affect the price of the altcoin.

[DonateBB]

I think the main reason why the market is down because of the panic sellers who afraid to losing their money mostly are new investor of cryptocurrency, for those who hold will gonna earn profit soon because they believe that the market will recover.

There are many reasons for the decline in Crypto prices, but the overall decline is due to the supply and demand of the market. They have put the BTC price down when the supply is too high, the market is likely to be influenced by a force, causing BTC owners fear and sell the BTC rushing to the market, so the price BTC dropped.

[Dudeperfect]

The price fluctuation around 10 to 20% is absolutely normal but anything beyond that has some reason behind it and if you can find that reason and predict the possible scenarios and earn the good handsome amount of profit from it. If I am not wrong then I believe that the main reason behind price fall is still the after correction phase but I am optimistic about recovery.

[yvesp110]

Main reason for the price drop are mostly varies in supply and demand adding with some FUD on the main thread which people do panic it can contribute also in the whole stock exchange causing dropping but this is just a normal way of developing cryptocurrency as years have past which popularity is getting bigger.

Generally from the economics point of view the major factor which is controlling the price of an product in the market is its demand and demand is depending on people, so if you are not encouraging people to use the product or incase of crypto coins so demand will be less and price of coin will be less. Te current price of Bitcoin is 7.7k dollar and this is low price and is favorable for people, this price is encouraging people to invest here as we are tightly bounded with the Bitcoin and have trust in it as we observed many times before and giving us positive results.

[gamalzour]

Main reason for the price drop are mostly varies in supply and demand adding with some FUD on the main thread which people do panic it can contribute also in the whole stock exchange causing dropping but this is just a normal way of developing cryptocurrency as years have past which popularity is getting bigger.

Generally from the economics point of view the major factor which is controlling the price of an product in the market is its demand and demand is depending on people, so if you are not encouraging people to use the product or incase of crypto coins so demand will be less and price of coin will be less. Te current price of Bitcoin is 7.7k dollar and this is low price and is favorable for people, this price is encouraging people to invest here as we are tightly bounded with the Bitcoin and have trust in it as we observed many times before and giving us positive results.

People need to understand such basic concepts of trading at their own. No one should be telling them this much low level of information. Supply and demand is one of supreme and cream rule that must be understood by every trader. And if someone is lacking this information, he must be given back to the tutorials and books, so that they would come to know how this system works.

[Sean25pogi]

I think the main reason for the price drop because of the changes that happen in the environment of the business and also
because of the  law of the demand in this industry that can really affect the price drop.

[mersal]

I think the main reason for the price drop because of the changes that happen in the environment of the business and also
because of the  law of the demand in this industry that can really affect the price drop.

I think the main reason for the price drop Is Us. We are the reason for all of the things in Bitcoin because we are the developers and we are the investors and we are the ones if you do proper things with the proper ways the value will rise up and again and again.

[mybtcasset]

The main reason for the price drop is the market is in panic and fear mode the main reason for that is recent hacking and government regulation all these reason bitcoin market is nt responding for such claims

[bocyaj]

I think the main reason for the price drop because of the changes that happen in the environment of the business and also
because of the  law of the demand in this industry that can really affect the price drop.

I think the main reason for the price drop Is Us. We are the reason for all of the things in Bitcoin because we are the developers and we are the investors and we are the ones if you do proper things with the proper ways the value will rise up and again and again.

Maybe.Because the price of bitcoin will purely based on the demand and supply.Since it is decentralized currency,not even a U.S president can't control the price of bitcoin.It is based on the increase or decrease in investments of bitcoin.Based on the traders demand price will increase.

[rockie87]

I read some news this last week, and there is some indication of wash trading and spoofing going on, so the prices are dropping.

Do you think this is the reason, or the movements of the market are normal ?

This might be one of the reason for the dip but it is not the only reason and what i think is people investing in bitcoin are forced by the government and this has majorly disturbed the market.

[DonnieMitchel]

release product, and the price going up..

Not very high, but you can see a slight increase

[stvemric]

i think lots of those dumps are whales going out of their price pump and use the news to cover their actions and it accelerates by a lot unexperienced trader/short time hodler. Interesting to see if it stays above 5000€. If it doesn't, i feel like it will go down furthermore

[Oceat]

FUD is only reason why prices are dropping and you include the bad news everywhere on every exchanges around the world but the truth is, they were not really hacked or something it is just a normal gimmick to cover up the price manipulation. We can't do anything about this tragedy because only those who has powers to control everything by using their own wealth.

[belalangsembah]

with red wax yarn they get scared and sell and sell and that's why the decline is more. Because I think when there is news is severely affected than people feel negative and start selling and when this trend starts another sell by watching the downtrend

[JaxxBoll]

Currently I have heard quite a lot of bad news about this market. I do not know if this is true or not but I believe the transparency of blockchain will give me the answer.