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Author Topic: What is the main cause of falling prices of bitcoin and other Altcoin .. ??  (Read 142 times)
tycsols
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July 03, 2018, 07:39:16 PM
 #21

Well regulation and negative news from various countries can be considered one reason but personally i think there was a big correction due after 1000% gain in the price in 2017 so it is perfectly fine market cycle, now i think correction is also fading away so there are high chances of next upward movements.

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SixOfFive
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July 08, 2018, 06:36:02 PM
 #22

Well. It is an investment market where such falls are very normal. Many causes can contribute for the price crash in cryptocurrency market. The most important reason nowadays according to me is the negative news regarding the cryptocurrencies. Such news has a great impact on people contribute to huge fall in price. For instance, FSA announced that domestic crypto exchanges will be suspended or Binance has been hacked, etc.
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July 08, 2018, 06:38:47 PM
 #23

Well regulation and negative news from various countries can be considered one reason but personally i think there was a big correction due after 1000% gain in the price in 2017 so it is perfectly fine market cycle, now i think correction is also fading away so there are high chances of next upward movements.
People now are thinking that market is just a bubble and it could not pump again like it done in 2017 but for me is the same like you said, marketn ow is in the down but in future it could go up that fast like it went down some time ago.

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Renskin
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July 08, 2018, 07:34:56 PM
 #24

most likely, the main reason for the collapse of the capitalization of the crypto-currency market is the manipulation of the bitcoin rate. One of the obvious reasons in the collapse of the last half of the year is the output of bitcoin trading on the futures market. if you proanalizirovat chart reports trades to the South of the bitcoin once it becomes clear that the graphics are very similar in amplitudes and waves
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