Why ETH and BTC markets are down strongly ?

[Aqcizromencez]

some people think it's caused by ETF news and I myself don't know the news yet,but usually when crypto receives bad news the price will fall quickly and I'm sure prices will rise again when there is good news,I will wait for prices to reach the lowest point to buy because that is the best opportunity for investment.

[kirstiemorton23]

I don't know exactly why Bitcoin and Ethereum went down, I'm also confused as to why Bitcoin and Ethereum went down, was this due to a ban and SEC's refusal? I always wondered why Crypto was so easy to decline, I think this was market manipulation, but that only my guess, I have no evidence of that.

[Peterdav]

some people think it's caused by ETF news and I myself don't know the news yet,but usually when crypto receives bad news the price will fall quickly and I'm sure prices will rise again when there is good news,I will wait for prices to reach the lowest point to buy because that is the best opportunity for investment.

Every bad news always makes crypto prices drop. I also don't know the cause of the current decline and hope this won't be long. Hope the price will rise again and recover.

[Aikidoka]

No one knows exactly why these markets are down. But everything is connected. The media, the ban, the governments, hackers, big whales, and so on. These are the reason who have the power to manipulate the price. For example, when the media does a propaganda and talk negatively about bitcoin, many people will freak out and start selling their coins. Added to that, let alone time give us the best opportunity as when to buy when the market is down. So, it is just about patience and time.

[karashika0577]

There may be several reasons for downsizing of BTC and ETH . When it was new in the currency market, then people took it by hand, which is human behavior, curiosity. Now apart from these, there are other currencies in the market, who have occupied a large portion of the BTC,ETH  areas. Other currencies are also making their own space. The balance of these currencies is getting worse. All people are selling their coins together. People have now big estimated prices higher than their expectations. Downtrends may also be the reason. There can be more reasons.

[clickerz]

this phenomenon often occurs in the previous months, the price of bitcoin and ethereum dropped and then rose again, this is because there are many people who sell bitcoin for certain reasons, this is the time for investment to buy bitcoin or ethereum at a low price then sell when the price is high, we have to wait patiently.

There are certain FUD news which affects the market. Bitcoin ETF was not approved which send negative impact to traders. Also it coincides with ghost month in Chinse tradition. But I am very optimistic that starting September, we will slowly recovers.

[Piskeante]

it's very easy.

Even at low prices, there is NO DEMAND AND NOONE IS BUYING COINS, not even those hyper-ventilated guys that are continuosly telling you to buy. They are not doing it themselves, but they need stupid people to do it. If the prices go up, those guys will take profit from other's stupids actions. If not, they´ll remain fucked up.


The prices are almost crashed. Very near the worst result you can imagine, with the market having lost almost 70% of value. Noone is buying so there is huge stock. When you have a lot of anything, but noone is buying it, you have to take down the prices to sell it. That's what's happening.

And i'll tell you more. This is going to go way down because prices continue dumping hard with no push back from bulls.


DON'T BELIEVE IN THIS MARKET. YOU´LL REGRET IT. A huge amount of people are going to get rekt. I will take no responsability for that. Those that are saying stay calm, don't sell, nothing will happen, the market will recover, WILL HAVE TO TAKE RESPONSABILITY FOR THEIR FALSE OPINIONS.

[batang_bitcoin]

Many post regarding this question has been circulating in the forum.

The delay for Bitcoin ETF result was the suspected reason of why the market has been going down. And it's not only for the both of it but majority for the crypto market.

was this due to a ban and SEC's refusal?

The SEC hasn't banned and refused the proposed bitcoin ETF but it was delayed.

[Oniko]

A month ago, the daily trading volume of bitcoin was 4 052 430 080, now 5 064 430 000

However, if the price of bitcoin falls, then the Cryptocurrency is sold. But I'm glad that they buy it for 6,000 dollars. This means people believe in the growth of bitcoin

[satosibtc1000]

Plays news background, the previous aggressive growth and probably speculation) Soon everything will be fine )

[Bernardo lewanusa]

some people think it's caused by ETF news and I myself don't know the news yet,but usually when crypto receives bad news the price will fall quickly and I'm sure prices will rise again when there is good news,I will wait for prices to reach the lowest point to buy because that is the best opportunity for investment.

Every bad news always makes crypto prices drop. I also don't know the cause of the current decline and hope this won't be long. Hope the price will rise again and recover.

maybe because the bitcoin etf proposal was delayed by the SEC,
and will be reviewed in September, and certainly makes investors take advantage of this time for dump bitcoin.`````````````````````````````````````````````````

[makishart]

I saw since last week eth btc and altcoins market down strongly. Any idea about that and when price will be up ?

You can try to open one of the crypto news site and then try to read their article and you can find a lot of crypto news sites were spreading FUD news regarding crypto and that makes the down trend for bitcoin and this will be automatically give a lot of impact to the another altcoin too because they are all selling their altcoin for bitcoin instantly.

[viktoriya1945]

It seems to me that someone specially manipulates the price to make a big purchase. The cost of coins can not fall constantly and greed instinct will work when they realize that their favorite coin have is very small price and they may not have time to buy it at a good price. And then the rest will take the initiative and start a big growth.

[Btcaivah1]

I saw since last week eth btc and altcoins market down strongly. Any idea about that and when price will be up ?

Many people have said that this is due to large correction but up until now the price has went down with a large margin. This implies that this is not just correction but also a market crisis.

[Melnikof]

I saw since last week eth btc and altcoins market down strongly. Any idea about that and when price will be up ?

That was a classical bear trap. There can't be any powerful impulse to the further development in summer. You should know global market movements and not react to the false growth. Let's wait for autumn and see.

[JofryTheKing]

I saw since last week eth btc and altcoins market down strongly. Any idea about that and when price will be up ?

There are no ideas and forecasts, as well as events that will affect the current situation. Most likely, a further fall will give confidence to the exit of many investors and a drop in capitalization to 150 billion.

[vladuch1]

The market of crypto-currency fell due to negative news. If you do not notice the market in most cases is very susceptible to all sorts of news and so it has always been.

Looking at how rapidly the crypto market falls, I doubt that this is the fault of the news. I think there are many different reasons. News can not affect the market so much. It is necessary to wait a bit and the crypto market will grow again.

[sourish]

i fail to see any one reason for these dips except a necessary correction, keeping in mind the sudden interest and furor that crypto created end of last year.

[VanessaHall15]

I think not the only Bitcoin or Ethereum will be devalued. As I learned in the past few days, the value of most of the Altcoin coins has tended to fall. I do not understand why the market value is so much reduced? I hope that, in the last months of 2018, the value of bitcoin will change more positively.

[hoavantathan]

Some negative news make the market down. Beside that, some people escape from the market. They lose their faith. Sharks use the downtrend to buy more then wait. Everything has its circle: up and down.