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Author Topic: Why do you think the market is down right now?  (Read 4320 times)
visionE2
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October 04, 2018, 03:28:35 PM
 #441

I think the downside is the preparation for the big boom later this year. Be prepared for your investment is the right thing to do now.
Hopefully what you say is true, there are many experts say that the decreasing price that occurs now is a period of support for the next bull run period
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October 04, 2018, 03:54:11 PM
 #442

is it all that is going on with regulations?

Big whales just waiting?

People do not believe in crypto anymore?

is it trouble in some countries in ASIA with laws and regulations?
My opinion that cryptocurrency is too slow right now... ICOs last a very long time, developing is slower that it was year ago. Everyone is too relaxed right now and don't want to work Smiley
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October 04, 2018, 05:16:44 PM
 #443

I think that option 1 of 4 approach to the explanation of the situation on the market-Yes, big whales are waiting.About the fact that people do not believe in cryptocurrency anymore-it is absolutely not so.Now more and more people are interested in this direction,invest in different projects as well as unite themselves and launch their ICO.Cryptocurrency is a new global movement that many countries have already picked up.



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October 04, 2018, 05:30:33 PM
 #444

Bitcoin and crypto market are controlling by big whales and they if start buying bitcoin then it's price will grow far from 25k but it is very difficult that we can recover market and coins price while in the whole year i did not see any big change. Market is cool because of the availability of bitcoin and ICO which is also a better option for various new technology.

It is quite stable at 6500$ at present form the last week or so. The upward movement is getting carved out and I believe we should see some upside to take place next week or so. This should stay for a longer period of time and will help to get some returns from the gain.
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October 04, 2018, 06:15:09 PM
 #445

I think the downside is the preparation for the big boom later this year. Be prepared for your investment is the right thing to do now.
Hopefully what you say is true, there are many experts say that the decreasing price that occurs now is a period of support for the next bull run period
I agreed with you on this the price had been stable for a quite period of time which I belief its preparing for a big rally I. e bullish movement which is synonymous with the price towards the end of the year, I am optimistic that the price will increase in the last part of Q4.

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October 04, 2018, 06:27:28 PM
 #446

I think the market is down now because FUD or "fear, uncertainty, and/or doubt", because the News Program, represented by written articles, makes its way into the mainstream because of the implementation of the strategic corporate media agenda, which scares crypto traders.
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October 04, 2018, 09:18:13 PM
 #447

If I personally think this might be due to the annual effects that cause the price of bitcoin and altcoin to fall, and Alfi might also be the effect of banning and rejection in some countries that are very hateful about bitcoin and altcoin

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October 04, 2018, 09:25:33 PM
 #448

One logical answer is that people are selling. FUD can also effect the prices of coins. I have read some predictions, and they all say that in 2019/2020 coins are going to be worth a lot.

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October 04, 2018, 10:11:44 PM
 #449

I think the market is down now because I compare the market price from the beginning of the year to the present, the graph shows that prices continue to decline over time, and whether or not to go back up early next year, I have to see the market recover early in the year ahead considering that if we look at the price cycle early in the year there is usually a market recovery
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October 05, 2018, 12:52:59 AM
 #450

If I personally think this might be due to the annual effects that cause the price of bitcoin and altcoin to fall, and Alfi might also be the effect of banning and rejection in some countries that are very hateful about bitcoin and altcoin

Indeed, beside that, negative news make people panic and selling their coin at cheap price. But i am believe more good news will come in near future and cryptocurrency market will reaching highest level again
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October 05, 2018, 01:39:26 AM
 #451

The market is down because of numerous factors acting on the market at the same time. The market experienced attacks from governments after it hit Bitcoin hit $20K early of this year. The governments were scared of the kind of power Bitcoin could give to its users, hence decided to publish all kinds of bad news with the intention to create FUD in its investors and potential investors.
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October 05, 2018, 02:02:22 AM
 #452

I think the market conditions this year, where early 2018 until the end of 2018, I think the price of bitcoin and some other cryptocurrency in the place of price exchange tends to fall, and maybe will rise again when early 2019, so take advantage of the fall in prices. This cryptocurrency is as good as possible to be able to buy as much as you can.
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October 05, 2018, 02:13:09 AM
 #453

Probably because whenever it goes slightly up everyone sells it because they think the Bitcoin fad is done and it will never go as high as it was in the previous years. Also, it might feel like it's not controlled by whales sort of control the market.
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October 05, 2018, 02:25:20 AM
 #454

Probably it because of etf issue and so many regulate and banning of crypto in every country in the world they did not trust crypto especially when it comes in security reason and taxes that they need in the government. Let's wait this december we see the movement of bitcoin.
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October 05, 2018, 03:17:21 AM
 #455

I think the market went down because there was so much counterfeit money, so many fraudulent ICO projects that scared investors. So the price of the whole crypto market has been affected, especially the price of eth has gone down a lot.
KesoNie
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October 05, 2018, 03:20:54 AM
 #456

Probably it because of etf issue and so many regulate and banning of crypto in every country in the world they did not trust crypto especially when it comes in security reason and taxes that they need in the government. Let's wait this december we see the movement of bitcoin.
The problem that facing it right now about banning of cryptocurrency in other country is the reason why market is down. Also I think market can recover its dumping because there's still a lot people are interested and trusted to it. Then possible it will pump before end of the year because some of crypto have potential to increased its value like Bitcoin and Ethereum.
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October 05, 2018, 03:37:59 AM
 #457

the price of cryptocurrency at the exchange place is currently falling probably also due to bad news that made cryptocurrency prices fall because too many people panicked.

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MMS2017
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October 05, 2018, 04:11:36 AM
 #458

is it all that is going on with regulations?

Big whales just waiting?

People do not believe in crypto anymore?

is it trouble in some countries in ASIA with laws and regulations?

By all of the above arguments are correct and it is true that Asian countries have rigid laws and regulations while the people usage may be affected by the price of bitcoin and investors all the time they think about the crypto and regulations have changed people behavior for crypto.

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October 05, 2018, 06:14:39 AM
 #459

Probably because whenever it goes slightly up everyone sells it because they think the Bitcoin fad is done and it will never go as high as it was in the previous years. Also, it might feel like it's not controlled by whales sort of control the market.

Don't think in a different way because the price of Bitcoin will increase in the market for sure but now it is facing many issues with the price. As many people are thinking in the same way, now Bitcoin is in complete consolidation state which it may increase even higher value in the market.
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October 05, 2018, 08:08:09 AM
 #460

Market is down right now because, people are just complying with the current situation in the market by making panic sales instead of holding. When nobody sells, price will increase in an attempt to lure coin holders into selling. All coin holders should try as much as possible to hold if circumstances does not make them sell.
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