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Author Topic: What is the main cause of falling prices of bitcoin and other Altcoin .. ??  (Read 142 times)
Awaknow (OP)
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June 29, 2018, 01:14:47 PM
 #1

Hi ... Looks like we all know that the price of bitcoin and also Altcoin now is very low and continue to fall. I want to ask the master masters here, What is the main cause behind the decline in bitcoin prices and also other Altcoin .. ??!
Klovezio
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June 30, 2018, 06:06:16 AM
 #2

Hi ... Looks like we all know that the price of bitcoin and also Altcoin now is very low and continue to fall. I want to ask the master masters here, What is the main cause behind the decline in bitcoin prices and also other Altcoin .. ??!
unsecured exchange were hacked. Plus whale just left. There will be another whale in and we will have wave soon.
Awaknow (OP)
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July 03, 2018, 02:01:52 AM
 #3

Hi ... Looks like we all know that the price of bitcoin and also Altcoin now is very low and continue to fall. I want to ask the master masters here, What is the main cause behind the decline in bitcoin prices and also other Altcoin .. ??!
unsecured exchange were hacked. Plus whale just left. There will be another whale in and we will have wave soon.
Sorry sir, how do you mean ,,, ?? will Bitcoin fall and be replaced with another .. ?? Please give us a clear explanation so that all can understand and understand what you have said.
kiw_91
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July 03, 2018, 02:40:09 AM
 #4

Cryptocurrencies are always vulnerable to hacks, but several digital token thefts have rocked the market in a short period of time.

Most recently Bithumb is reported to have lost $30 million in cryptocurrencies after a massive hack hit the exchange.

I am expecting the digital currency to see significant drops in the coming days.
Teraboy
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July 03, 2018, 02:42:23 AM
 #5

Hi ... Looks like we all know that the price of bitcoin and also Altcoin now is very low and continue to fall. I want to ask the master masters here, What is the main cause behind the decline in bitcoin prices and also other Altcoin .. ??!
unsecured exchange were hacked. Plus whale just left. There will be another whale in and we will have wave soon.
Sorry sir, how do you mean ,,, ?? will Bitcoin fall and be replaced with another .. ?? Please give us a clear explanation so that all can understand and understand what you have said.
it will not because bitcoin as the main pegged coin to the all of cryptos. The only reason due to the a lot of FUD have created by so many people are having scenario. Remember the trend of the crypto should be affected it. When you wil see bullish trend and there will be bearish trend after that.
Mohondoa
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July 03, 2018, 02:58:20 AM
 #6

This is just what i thinking, consider what happen in 2-3 month earlier.
For generally the "cause" is from the trader or holder coin it self. They want to hurry sell some coin specially BTC and ETH (this coins cause effect other coins), and also they need a lot of cash money to gambling, as far as we know, for now there's a big event like WORLD CUP.
So a lot of trader / holder sell their coins in hurry to make some income from that event.
itrade777
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July 03, 2018, 03:00:12 AM
 #7

I think the price of bitcoin have drop because of insecurities regarding on our security in out crypto wallets. We are vulnerable to hackers since we are responsible in caring our own financial wallet compare with third party companies like banks. Also the price correction and FUD news affects investors to invest more in crypto currency.
cutiemolit
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July 03, 2018, 04:00:22 AM
 #8

There are lot of reasons why the market is facing difficulties. One of this is the tough competition in the market. There's a lot of newly bloom coins with potential. And one of other reason is that scams that rising too. There's a larger supply than demand. That's why the price becomes low. Hoping it will fully recovered.
Awaknow (OP)
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July 03, 2018, 11:55:34 AM
 #9

This is just what i thinking, consider what happen in 2-3 month earlier.
For generally the "cause" is from the trader or holder coin it self. They want to hurry sell some coin specially BTC and ETH (this coins cause effect other coins), and also they need a lot of cash money to gambling, as far as we know, for now there's a big event like WORLD CUP.
So a lot of trader / holder sell their coins in hurry to make some income from that event.

This makes perfect sense, it is one of the factors that causes the fall of coin coin prices to be exchanged. besides that, there are still many factors that cause the price of Bitcoin and also other Alcoin shaken and drop.
renes
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July 03, 2018, 12:56:04 PM
 #10

That's definetely not about exchange hackings, if it is the main cause of falling prices then the coins must recover but that does not happen, besides many reasons for fall, it is trend.
adiebitsler
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July 03, 2018, 01:09:30 PM
 #11

many bitcoin holders are coming in at a high price because it now needs new investors coming in to support the crypto world, many of the issues that see crypto will die. but I'm sure later bitcoin and altcoin can return to initial performance.

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CRYPTOGANGSTERs
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July 03, 2018, 04:13:29 PM
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The main reason for the fall of all crypto-tokens is trading speculation on the exchanges. Fundamental factors have affected this decline quite a bit.

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dunfida
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July 03, 2018, 04:44:42 PM
 #13

Hi ... Looks like we all know that the price of bitcoin and also Altcoin now is very low and continue to fall. I want to ask the master masters here, What is the main cause behind the decline in bitcoin prices and also other Altcoin .. ??!
Masters of Masters in here doesnt exist yet no people can able to predict on such price declines but if we do base on traditional reasons why market price do fall it would definitely have the involvement of whales which is a normal thing together with regulation and goverment issues where those factors would really affect or any fundamentals.Even just sticking out on basic thing like supply and demand we can already evaluate on what are the things happening but not totally knowing on whats behind it.

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July 03, 2018, 05:02:03 PM
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Please don't ask the "masters" here. They don't know any better than you or me. Experts are just better able to give more proof for their opinions. Have better resources. Better tools. But they can't predict the market. Experts have tried for years. They'll keep trying. Form your own opinions and judgements and make your own calls. After all if you find out the reason, will that change your mind about crypto?

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styca
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July 03, 2018, 05:12:46 PM
 #15

Hi ... Looks like we all know that the price of bitcoin and also Altcoin now is very low and continue to fall. I want to ask the master masters here, What is the main cause behind the decline in bitcoin prices and also other Altcoin .. ??!

The main cause is the rapid rise we had at the end of 2017. Crypto enthusiasm reached fever pitch, and everyone was buying in. Prices rose too far, too fast. The first part of 2018 was the big dip, where prices kept falling in search of a stable point. After that we had a big bounceback, and then the inevitable fall after that. The crucial thing I think is that both lows were around the same price point, which indicates there is a lot of strength there and resistance to further drops. I would expect prices to increase quite a lot over the next few weeks.
xenomorphe1
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July 03, 2018, 05:22:35 PM
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The main cause is some people did take their profits after the big pump. It is the same thing as "little or big" pump and dump which can sometimes last 1 day or 1 week.
Except that we don't know where is the floor here, as the dump is very slow.
There is no masters of masters here. They surely won't give you what will be their next action.
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July 03, 2018, 06:02:28 PM
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Hi ... Looks like we all know that the price of bitcoin and also Altcoin now is very low and continue to fall. I want to ask the master masters here, What is the main cause behind the decline in bitcoin prices and also other Altcoin .. ??!

The thing is that the price is influenced by two forces - buyers and sellers. Both those and others want not to go into negative. And since buyers are pressured from below, sellers - from above, the price eventually falls all the lower.
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July 03, 2018, 06:12:49 PM
 #18

we do not know exactly what has caused the market to fall like this. but I just advise you to stay calm, keep focused on the plans you've created and always fold the assets you've got.

do not focus too much on falling markets, as you lose time and may miss opportunities that can give you a profit.
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July 03, 2018, 06:24:43 PM
 #19

At the end of 2016, bitcoin was 600$
At the beginning of 2018, bitcoin was 20000$.
I think the main cause of falling price of bitcoin is above. Profit is 33,3x.

Awaknow (OP)
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July 03, 2018, 07:21:59 PM
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we do not know exactly what has caused the market to fall like this. but I just advise you to stay calm, keep focused on the plans you've created and always fold the assets you've got.

do not focus too much on falling markets, as you lose time and may miss opportunities that can give you a profit.
You are right ,, I should not be negligent with the current market situation, I should be able to take advantage of opportunities to double my coins. thank you guys, you've woken me up from sleep.
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