Is there an only reason for the current market?

[laravuemaster]

There is more negative news them positive ones. More regulation, hackers, stupidity decisions, fight, scams, bad companies. We need to start to have more great news. A lot of people are just scared about the market. A lot of newbies have lost a lot of money and people just say they will recover because that has happened in the past. But that is not enough. People need more incentives that make them secure enough to change from fiat to cryptocurrencies.

I believe that negative news or fud is the reason why the prices of cryptocurrency today in the market is decreasing and most of the people today are panicking to sell their coins, in this way they are only making the price to dump even more but those people who are well knowledgeable about the market is just holding their coins because they knew that the price will still go back to normal.

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[randythered]

There's no one individual reason for any market movement. Even the 2013/14 one. That one was mostly down to one thing but there were still other factors at play. With this market there are countless things to consider. Mostly I think it's a large amount of normal market movement. The price shot up too quick last year and this period is needed to restore normality and control expectation.

[creeps]

There is more negative news them positive ones. More regulation, hackers, stupidity decisions, fight, scams, bad companies. We need to start to have more great news. A lot of people are just scared about the market. A lot of newbies have lost a lot of money and people just say they will recover because that has happened in the past. But that is not enough. People need more incentives that make them secure enough to change from fiat to cryptocurrencies.

I believe that negative news or fud is the reason why the prices of cryptocurrency today in the market is decreasing and most of the people today are panicking to sell their coins, in this way they are only making the price to dump even more but those people who are well knowledgeable about the market is just holding their coins because they knew that the price will still go back to normal.

No specific reasong because a lot of scam news happening around cryptomarket and people are panicking but I think its not good decision to sold your holdings just because the market is dumping, trust this market and it will grow again. Though this market is high volatile we can still hope that one day our desired profit will come to us.

[Herbert2020]

There is more negative news them positive ones. More regulation, hackers, stupidity decisions, fight, scams, bad companies. We need to start to have more great news. A lot of people are just scared about the market. A lot of newbies have lost a lot of money and people just say they will recover because that has happened in the past. But that is not enough. People need more incentives that make them secure enough to change from fiat to cryptocurrencies.

I believe that negative news or fud is the reason why the prices of cryptocurrency today in the market is decreasing and most of the people today are panicking to sell their coins, in this way they are only making the price to dump even more but those people who are well knowledgeable about the market is just holding their coins because they knew that the price will still go back to normal.

No specific reasong because a lot of scam news happening around cryptomarket and people are panicking but I think its not good decision to sold your holdings just because the market is dumping, trust this market and it will grow again. Though this market is high volatile we can still hope that one day our desired profit will come to us.

FUD and bad news are never the main reason for the drops, they can only intensify a drop. the reason for any drop is either normal correction (like the drop from $20k) or whale manipulation (like the drop from $10k till now). then the FUD is like the icing on the cake for that.

if you look at the news during rises you can see that the FUD still exists during the rises too. even when price was shooting up towards $20k without slowing down we had a shitload of FUD (like the Tether FUD) and lots of negative news (like Mt Gox selling their coins during that rise) but none of them could cause the drop because they are not the cause.

[Ararbermas]

 Most holders nowadays gaining quick profits as well like big players or whales,  which is after the price climb they will dump early while big players is waiting for the right time to sell off , ( to obtain profits instead of losing money)  and probably that is the main reason also why there's sudden drop during the fluctuation. which is because of panic selling from weak hands to avoid further loss , until the price collapse back to  the bottom ,

[Ceballos]

Whales are speculating. All news are positive for now they are swing trading and making profit.
I am also trying swing trade and i already made nice profit from it.

[Lucius]

Whales are speculating. All news are positive for now they are swing trading and making profit.
I am also trying swing trade and i already made nice profit from it.

I also think they make nice profits these days, even for ordinary little trader with not too much money/BTC such low price movement does not make any sense, but for big players the situation is a bit different. Just take a example of trader that have 100 BTC, he can sell it yesterday for 670 000 $, and bay back today for 660 000$, it is 10 000 $ of profit. There is always some risk in that, but these days this risk is minimal - daily price is changed 50-100$ up&down almost every day.

[jseverson]

If there was just one reason I could attribute this market to, it's probably the furious rally last December. Bitcoin went full mainstream as a speculative asset, and those new to the market either made money off it or got burned by it. At this point, a lot of people are able to say that they've tried it and have moved on from it, ignoring its technological potential. The general public's interest seems to have hit a roadblock, with nothing to keep them engaged.

But yeah, it's probably a lot complicated than that in reality. Crypto has grown a lot bigger since the Mt. Gox collapse, so it should be quite safe to assume that there are a lot more moving parts now.

[Hirameki]

The crypto market is not just influenced by one happening. When you look at it, you've got to look at different sides because there are several things happening at the same time and you might not notice it but these affect the market, if not big, little by little. There goes FUDs, the correction period, the manipulators or the so-called whales, etc.

Remember that the market is volatile and is affected not just by one, but of many reasons.

[fabiorem]

Actually, there's no reason, because every stock market is irrational, and that is what bitcoin is right now: a stock market.

We just speculate about reasons, trying to point to conspiracies and specific FUDs, to feel more comfortable about the dire situation we find ourselves in. Its just standard human behaviour.

[Whosdaddy]

I’ve been thinking about it and I don’t find an only reason for what’s happening.

The main reason for the drop in December, 2013, and the following bear market was the Mt. Gox scandal but for the current one there seem to be different reasons.

I’m sure one of them was the too heavy bull market last year. This brought many people to the crypto market, attracted by a get-rich-quick thought, and when the market turned down, they were the first to sell.

What do you think? Is there just one or many? Which ones?

Well, the MtGox in a way still had a part to play in this one so it seems like the ghost of MtGox is simply still haunting us. There is no doubt this was not warranted. The market was manipulated to the upper side last year ending, and it is obvious we had a huge FOMO and a market that just kept rushing upward nonstop without anything driving it but speculation, so this is more like a ripple effect in that case and it was expected all along.

[whirlcoin]

I’ve been thinking about it and I don’t find an only reason for what’s happening.

The main reason for the drop in December, 2013, and the following bear market was the Mt. Gox scandal but for the current one there seem to be different reasons.

I’m sure one of them was the too heavy bull market last year. This brought many people to the crypto market, attracted by a get-rich-quick thought, and when the market turned down, they were the first to sell.

What do you think? Is there just one or many? Which ones?

The only reason for the price fall is fall in demand,but the factors regarding this many as you said it may follow the trend like what happened in 2013 but no one exactly knows the reason behind it.Whatever comes I still holding the coins and the if.you think that this follow the past trend then this is a great chamce to invest.

[cryptokwuk]

The reason is, the system doesn't work in the real world.
Nobody in a real economy wants an inefficient public ledger that can't even scale, loses or gains value like a roller coaster, uses insecure technology that is a decade old.

[fabiorem]

The reason is, the system doesn't work in the real world.
Nobody in a real economy wants an inefficient public ledger that can't even scale, loses or gains value like a roller coaster, uses insecure technology that is a decade old.

Finally the prodigious son to home returns.

[timerland]

To me, the biggest reason is still probably the fact that the growth that was seen through the bull market was just unsustainable for the long run, and it had to end sooner or later. And when it did end, the amount of weak hands in the market meant that a panic dump was inevitable as the market sentiment shifted to the pessimistic end.

I don't think that exchange hacks have played much of a role in this year's crash, actually.

Some people say it's because of futures, but to me, a correction was inevitable as soon as bitcoin hit $10k which signified some pretty unsustainable growth. That's just how the markets move, in cycles. And right now, we're just in a bearish phase.

[Superways]

The reason is, the system doesn't work in the real world.
Nobody in a real economy wants an inefficient public ledger that can't even scale, loses or gains value like a roller coaster, uses insecure technology that is a decade old.

This is the system of future and advanced people. The older people do not understand it and they will not survive if they will not accept it and adopt it. The market was down because of the older/classical people who not want to involve in this technology but sooner they will realize that they were on mistake and they will either adopt it or they will die up with their older system.

[GoldenLad]

I personally don't think the current market price is linked with any reason. Sometimes, these dumps do happen out of no reasons. Though, the price may dip a little as a result the constant buying and selling in the market then all of a sudden some people started spreading FUDs. Which will make some investors who listened to it to start selling off.

[Herbert2020]

Some people say it's because of futures, but to me, a correction was inevitable as soon as bitcoin hit $10k which signified some pretty unsustainable growth. That's just how the markets move, in cycles. And right now, we're just in a bearish phase.

i don't think anybody is denying the fact that $20k was indeed a bubble and we needed a correction from it. i think every single speculator agrees about that. the disagreement is about where should the correction have stopped at.
i'd say dropping down to $10k or even $9k was acceptable correction and it was done. the rest of the drop was not. it was pure manipulation and whales dumping that caused that drop.

[MinMan]

There is more negative news them positive ones. More regulation, hackers, stupidity decisions, fight, scams, bad companies. We need to start to have more great news. A lot of people are just scared about the market. A lot of newbies have lost a lot of money and people just say they will recover because that has happened in the past. But that is not enough. People need more incentives that make them secure enough to change from fiat to cryptocurrencies.

I believe that negative news or fud is the reason why the prices of cryptocurrency today in the market is decreasing and most of the people today are panicking to sell their coins, in this way they are only making the price to dump even more but those people who are well knowledgeable about the market is just holding their coins because they knew that the price will still go back to normal.

No specific reasong because a lot of scam news happening around cryptomarket and people are panicking but I think its not good decision to sold your holdings just because the market is dumping, trust this market and it will grow again. Though this market is high volatile we can still hope that one day our desired profit will come to us.

Yes, we know that the market gets affected by some major things out of which is the demand factor is the major factor which is responsible for the value of Bitcoin. The more the demand increases the more the price increases and vice versa. Currently the market of Bitcoin is low and a lot of people are taking the ways straight towards this favorable market so this will increase the market value soon.

[Ngemmeng]

the market is currently in a bad state, bitcoin prices are still not stable to date. there is no reason whatsoever for the current market except wait and keep holding.