Obolo
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September 06, 2018, 07:02:16 PM |
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All altcoins are down because, the DNA of all altcoins which is bitcoin is also bleeding severely. I think with time, it will recover which will throw light on other altcoins to rise up.
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Masha Me1
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September 06, 2018, 07:04:31 PM |
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The system of crypto currency can not in fact work stably and fully. And all because of the constant changes in the course of coins. And everyone buying a crypto-coin. He understands that he is at some risk.
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fokinflor
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September 06, 2018, 07:05:55 PM |
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This is a question that will be of great interest to the present. The sudden fall in the market rate has caused anxiety and panic for many people, especially investors. And I predict that this is due to the negative information coming from the US Securities and Exchange Commission (SEC) delayed a decision on a proposed exchange-traded fund (ETF).
Not really, this dip is because of the delays caused by Goldman Sachs getting into the crypto-space. This news immediately had a big effect in the BTC dip (which almost did a $1k dip in few hours). This year will continue to be like this and next year will be huge for all of us with a lot many positive surprises. |
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cryptomanspbmgdn
Copper Member
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Activity: 308
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September 06, 2018, 07:07:40 PM |
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it's just not the time for the green market yet. some analysts advise to distract from the market, do other things and wait.
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solarion
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September 06, 2018, 07:11:44 PM |
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The system of crypto currency can not in fact work stably and fully. And all because of the constant changes in the course of coins. And everyone buying a crypto-coin. He understands that he is at some risk.
You can just mention as volatile in single word because people whoever here really don't get trouble themselves on investing cryptocurrencies when the market is not stable and bearish. Look around the issues happening towards you. It will make you understand how you can react when the cryptocurrency marketplace is not okay all the time. |
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Gabb
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September 06, 2018, 09:10:47 PM |
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I have been reading various sources related to the crypto space and each one seems to have a different explanation for this phenomenon, although the only thing they seem to have in common is that there does not seem to be a solid and credible explanation that can justify the extraordinarily erratic behavior of the market right now. That's why you never have to be overconfident, as many assumed that the recent rise in the price of bitcoin was the preamble to a new bull run that would take it back to the clouds again, but my suspicions have been fully confirmed: the recent hike was nothing more than a new bull trap.  |
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aldorexxx
Jr. Member
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Activity: 152
Merit: 1
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September 07, 2018, 01:13:43 PM |
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Because BTC's dominance has not been disappeared and it is still interrupting the increasing of altcoins are common improving of cryptocurrency market.
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RedClub22
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Activity: 154
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September 07, 2018, 01:26:51 PM |
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All the coins are down because people are not investing properly in alts.
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wdnj
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September 07, 2018, 01:28:37 PM |
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This is a question that will be of great interest to the present. The sudden fall in the market rate has caused anxiety and panic for many people, especially investors. And I predict that this is due to the negative information coming from the US Securities and Exchange Commission (SEC) delayed a decision on a proposed exchange-traded fund (ETF).
Not really, this dip is because of the delays caused by Goldman Sachs getting into the crypto-space. This news immediately had a big effect in the BTC dip (which almost did a $1k dip in few hours). This year will continue to be like this and next year will be huge for all of us with a lot many positive surprises. Why the market is down I think one of the reason is that most of the people start school in September, start the university or move to another country at this month. And they spend lots of money and they don't have assets to invest into crypto nor having time to trade in exchanges. |
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Mumbeeptind1963
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September 07, 2018, 01:43:56 PM |
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The system of crypto currency can not in fact work stably and fully. And all because of the constant changes in the course of coins. And everyone buying a crypto-coin. He understands that he is at some risk.
You can just mention as volatile in single word because people whoever here really don't get trouble themselves on investing cryptocurrencies when the market is not stable and bearish. Look around the issues happening towards you. It will make you understand how you can react when the cryptocurrency marketplace is not okay all the time. Actually I couldn't mention exactly what is the reason why cryptocurrency is down but all I know is the market is still having it's price correction and I don't know how long it would take. Aside from that reason the fact that the crypto market is still volatile and may vary anytime that's why we couldn't make sure what will going to happen in the market. |
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zmeddy
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September 07, 2018, 02:45:33 PM |
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This year, a rather difficult year, for crypto currency. There are a lot of manipulations from the authorities of different countries, many investors leave the market, traders are difficult to trade because of the constantly falling market. A large number of Scam and negative news do not allow the market to grow.
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Luxury331
Jr. Member
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Activity: 98
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September 10, 2018, 02:37:44 PM |
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Well all the cryptocurrency world is seriously experience a very huge bearish market outbreak that has lasted for long so the prices of cryptocurrency has been affected by the down trend of bearish market
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SSend3r
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September 10, 2018, 02:39:46 PM |
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Just look on the previous year, what a huge growth of all crypto have been. Logically what this year we will see a big correction and bear market.
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SSend3r
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September 10, 2018, 02:41:30 PM |
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Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?
No news really but I guess the market is bleeding because of two major reason, the first is because the postponed bitcoin ETF and the second is because of many people are still on summer holidays, things will improve when people are fully back from summer holidays People on the summer holidays is not a reason ), especially as it is September now ). ETF bitcoin funds, of course, can be the major reason for cryptocurrency prices, many people are waiting for this. |
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RODRIGO DUTERTE
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September 12, 2018, 10:50:06 AM |
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Its because of sudden regulations which are put by china on bitcoin transaction and trading and also the effect which south korea will put when it also starts the same as done by china . The holders when heard this news for regulation on BTC trading by china panicked and started to sell their coins since china's Bitcoins market was one of the most crucial markets in the world . this led to panick situation and thats why many coins dropped .
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EDGARMEDINA
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September 12, 2018, 11:08:58 AM |
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In my opinion, all coins are dropping because it is affected by the market. Bitcoin and altcoins are like chain in the market because when the market is down, all cryptocurrencies in the market are decreasing so when the market is recovering so the cryptocurrencies will recovers too. I also think that everytime the year passes by, every end of the year is the right time that the market is recovering i supposed because the chart of the year 2017 cryptocurrencies market is telling that cryptocurrencies have a good pricing when the month is in december.
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goatminer
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Activity: 64
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September 12, 2018, 11:15:54 AM |
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I think it's because someone has started to panic and other people has followed him. And so on until we got into situation like that. And why has the first people panicked? Who knows. Maybe it was an effect of anti-crypto propaganda in media? Or maybe it was planned by someone?
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olarrtt
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Activity: 103
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September 12, 2018, 11:22:15 AM |
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The thing is no one expected the market to fall this far ,but after what has happened last year bull run it is sure the Government won't want to allow that again.
So until SEC resort the ETF issue am afraid ,it can even gets further
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Benarand
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September 12, 2018, 11:30:33 AM
Last edit: September 12, 2018, 11:41:59 AM by Benarand |
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I think that big players are knocking the market down and selling the crypto at a low price so that they can be bought at a lower price. Other reasons I do not see.
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coynedterm
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September 12, 2018, 11:45:26 AM |
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Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?
In actual in the present time two factors are going on simultaneously , at one side whales are manipulating the market because they know that soon the market will get up , and if they can buy assets at low price by create panic then they can make profit soon in bulk amount before the implementation of ETF system in Bitcoin price that will make Bitcoin price about 3-4 times more easily . And second Thing is about to the case that is going on in India high country , where day by day new new points are getting in the front of the judgement of light and that is making lots of delays in the final decision whether Bitcoin will be legal or not in India , this is small panic thing for the many people specially for those who are newbies in this field are thinking that there are much chances that the government of India will ban cryptocurrency assets and in that case they will face bulk loss with them . And this panic is results into bulk sell of the cryptocurrency by the noobies and that leads into dump in the cryptocurrency market . But here all chances are in favour of the cryptocurrency because here most of the people have positive hope with cryptocurrency descion by the government judgement and ETF launch , so soon everything will get back . |
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