The whole market is going down. Any particular reason for that?

[Coinworld98]

Everyone is still confuse as to why the market has continued to fall in the past two weeks. Let us all hope the market recovers soonest.

[Aleh777]

For past two weeks again the price of bitcoin went down. This is normal in the crypto world, there is no particular reason for that. Maybe big whales are manipulating the market and due to demand of bitcoin these are the reasons for the price drop. But today the price started to increase dont know wthether it is continue or not. But once the price drop means just buy the bitcoin at low price and hold it for future. Surely the price will increase in future.

[krishnaverma]

But once the price drop means just buy the bitcoin at low price and hold it for future. Surely the price will increase in future.

It is not that simple. How do you know that it will not drop further after the first price drop ?

I mean suppose there is major announcement coming regarding some country banning crypto. As soon as the news is leaked, price will start dropping. As per your suggestion, one should at that time. When finally the ban is imposed, prices will decline very fast and you will be in loss. I hope this hypothetical situation will help you make better decisions regarding time of entry and exit in a particular coin.

[Vs225655]

All promise winter in the end of the year. But here, this is probably a desire (hope) than a promise.

[Genemind]

Maybe it is because ETF on bitcoin had been cancelled by SEC. Most people are waiting for it and since the announcement was made, the market demand on bitcoin declined. Also, we are currently in a bearish market, so that is why the market price and demand keeps on falling too.

[Alpinat]

Guys whole market is going down rapidly. Especially see the ETH price. it is crazy.  But I didn't see there is the specific case except  ETF. Can anyone guess when will be market recover? 

The best guess that I can make right now is that bitcoin will recover in the first months of 2019 Or maybe it can be december because last year. December is the highest price of bitcoin which means people does have money at that time. Maybe this year also people would buy bitcoin.

[Vinalians]

Having so many bad news about cryptocurrency can affect the current value of bitcoin because there are too many people that are still selling their bitcoins. Sadly but they don't really understand what we are trying to make here. A better communication to all funds around the world.

[droptableguy2]

If you look throughout the history that happens all the time! It is called time cycles. Economy always had crisises-they start and end. I guess that is part of our lives. What you need to do to avoid it, is to learn how to save money for the times like that. I remember my first time when i lost my job and i had no saving-was an interesting but hard time, which gave a very good lesson, that’s also the time when i thought about investments.

Investing most of us should think that is investing for ourselves. Then we think of other things that are financial investment, real estate, ... But we should equip ourselves with skills to cope with the difficulties of the market. It is the core of investing and venture capitalists are more successful. I think so.

[ngalamunan]

Guys whole market is going down rapidly. Especially see the ETH price. it is crazy.  But I didn't see there is the specific case except  ETF. Can anyone guess when will be market recover? 

It is difficult to predict when the market will recover. because the market is quite difficult to guess clearly. Hopefully the market situation will be fine even though the market price is experiencing a decline.

[coinscircle]

Guys whole market is going down rapidly. Especially see the ETH price. it is crazy.  But I didn't see there is the specific case except  ETF. Can anyone guess when will be market recover? 

The crypto market is in a bear market in the long run so it is easy to see that bitcoin and altcoin prices are falling, so you can see that the market is slowly falling into a recession, so to trade. Success at this time is very difficult and you should only trade the day and short-term investment in bitcoin to minimize the risk.

[samcrypto]

Maybe it is because ETF on bitcoin had been cancelled by SEC. Most people are waiting for it and since the announcement was made, the market demand on bitcoin declined. Also, we are currently in a bearish market, so that is why the market price and demand keeps on falling too.

Its just a delayed and there is no final decision yet, its not cancelled maybe SEC needs more time to review this matter. The market is reacting on that negatively or there are some issues that investors may feel bad about it, let’s all calm down and don’t focus much on the price just try to focus on your real life and back here when market is pumping again.

[Angi]

You can't know the specific reason why all bitcoin, eth and altcoins are dropping right now there are many speculations and predictions why all crypto currencies are dropping but non of them I think are true even the experience users or have more believe in crypto wouldn't know that because its so very hard to speculate what is the reason of dropping.

[Pinkris128]

For past two weeks again the price of bitcoin went down. This is normal in the crypto world, there is no particular reason for that. Maybe big whales are manipulating the market and due to demand of bitcoin these are the reasons for the price drop. But today the price started to increase dont know wthether it is continue or not. But once the price drop means just buy the bitcoin at low price and hold it for future. Surely the price will increase in future.

No one knows what exactly was the reason behind na big dump of bitcoin and other currency now. Actually some coins was already increase last week but drop its price again this time. We, people just only predict and speculate on what price if will going to be but we dont really know if the coin was going up or down. On the other hand, we must keep holding until we get back what we loss because of this happening.

[richminded]

You can't know the specific reason why all bitcoin, eth and altcoins are dropping right now there are many speculations and predictions why all crypto currencies are dropping but non of them I think are true even the experience users or have more believe in crypto wouldn't know that because its so very hard to speculate what is the reason of dropping.

Every time the market dumps, such speculations and predictions are being made because there is really no exact reason for this since cryptocurrency is available worldwide and we don't know the exact situation on that place. Some people say its because of ETF, some may say because of the hype of the whales but it still unknown. If you just base on the chart, the bear market are still with us and we have a strong resistance that needs to be break again hopefully we can still see a real bull trend this year.

[ylnar123]

Guys whole market is going down rapidly. Especially see the ETH price. it is crazy.  But I didn't see there is the specific case except  ETF. Can anyone guess when will be market recover? 

Market will not recover if all people like you that easily get upset with the performance of the market. It will only recover if people will continue to support cryptocurrency and stopping the FUD that blows away investors.

[buternasek]

Guys whole market is going down rapidly. Especially see the ETH price. it is crazy.  But I didn't see there is the specific case except  ETF. Can anyone guess when will be market recover? 

there is no definite reason why the market is down, so much speculation about this
but according to what I read the biggest cause is ETF but it also means that there is not much support.

[htconem7]

Guys whole market is going down rapidly. Especially see the ETH price. it is crazy.  But I didn't see there is the specific case except  ETF. Can anyone guess when will be market recover? 

I think the price of altcoin is down because the price of bitcoin is decreasing. You can see that the market is suffering a lot from the bitcoin price, and a bit of bitcoin pricing can make the whole market crypto volatility. Therefore, I believe that at this time you should only invest in bitcoin trading in order to minimize risk and resolve in time when the market continues to decline.

[Tynovten_]

This is not about guessing, question like this is always making many speculations, if i it will be recovery in october, with base reason that market have same speculation like last year.

[batang_bitcoin]

Guys whole market is going down rapidly. Especially see the ETH price. it is crazy.  But I didn't see there is the specific case except  ETF.

I'm also assuming that it's all due to the delay case of bitcoin ETF. Bitcoin's dominance is now 53.9% and that's high, it's an indication on where everybody must put their money.
ETH dropped lower than I expected as I've thought it will go stable at $300 and will bounce back to $400 but I'm wrong.

Can anyone guess when will be market recover? 

Maybe for another month?

[babarian]

Guys whole market is going down rapidly. Especially see the ETH price. it is crazy.  But I didn't see there is the specific case except  ETF. Can anyone guess when will be market recover? 

I am not sure the market will recover quickly due to the case you mentioned, but according to my prediction the price will recover when the problem is over, the price of bitcoin increases and the altcoin price also increases. the prediction is at the end of 2018