cellard
Legendary
Offline
Activity: 1372
Merit: 1252
|
|
August 14, 2018, 02:17:39 PM |
|
How would you explain the current fall in price of cryptos. There are no news of crypto banning or confiscation. So what is the reason for it? Did we wanted more than we needed? Is our greed killing crypto and blockchain technology in whole?
FUD, crypto will survive, and continue to thrive, its just that the market is evolving and current top tokken are getting under pressure, if the bitcoin dominance index wouldn't be instrumented by the bitcoin sect to celebrate themselves as they do that now, market would look more diversified already regards "Crypto" will not survive, there was never such a thing, it was only a mirage, a shitcoin bubble. Bitcoin is the only thing that will survive long term, with few honorable mentions, maybe Litecoin as a testnet for Bitcoin, maybe Monero as a niche currency... not much else to be frank. And it's not about a "Bitcoin sect", but about applying proper fundamental analysis. All these shitcoiners are just mad that they missed the Bitcoin boat and want their own x1000 coin, as a result they create nonsense and nonsense doesn't stand the test of time long term. The good news is Bitcoin is still insanely cheap and will go to $1,000,000, the bad news is most people don't have a 10 year long term vision so they will not make it.
|
|
|
|
thanh2302
Newbie
Offline
Activity: 88
Merit: 0
|
|
August 14, 2018, 02:19:58 PM |
|
I do not think God will help crypto. Because the price of crypto is not decided by the Lord, but the investors decide this. But when God will save those who have stolen coins from innocent people.
|
|
|
|
tillerthekiller
Newbie
Offline
Activity: 87
Merit: 0
|
|
August 14, 2018, 02:20:14 PM |
|
ICO scams are panic selling ETH to get their cash, then legit projects are panic selling ETH to keep funding their projects, which makes the scam ICO's who held on waiting for a recovery to panic and sell ETH to get there money... and on the cycle goes until the purge is complete and we can start our golden bull run the likes of which has never been see by anyone living.
|
|
|
|
Yudhisthir
Full Member
Offline
Activity: 1060
Merit: 103
www.Artemis.co
|
|
August 14, 2018, 02:20:34 PM |
|
These are just price circles. The whales increases the price in such a way that people believe there's no coming back and than slowly dump all their coins in rising market. Now they decreases the price by making lower prices fake transactions and keep on making it fall until normal user sell their holding cheap in panic. And the cycle repeats.
|
|
|
|
dylanmeter
Newbie
Offline
Activity: 134
Merit: 0
|
|
August 14, 2018, 02:21:57 PM |
|
Generally, These times are complicated. Not sure anyone could explain the reason why the current market is very bad. Some say that it's a normal phenomenon in the crypto space. Although i believe that is true. Soon the market will come back very strong again.
|
|
|
|
Bonwin
Member
Offline
Activity: 798
Merit: 38
|
|
August 14, 2018, 02:24:23 PM |
|
Not everyone is aware what the reason behind the fall in crypto is. I my view, some are selling now at low prices, because of the bitcoin ETF and their decision to sell has also affected some weak hands in the crypto space, because they too are afraid of what would happen. The only people that have decided not to sell are those with crypto, who believe in crypto and are not influenced by the rumour of bitcoin etf.
|
|
|
|
KBCapital
Newbie
Offline
Activity: 139
Merit: 0
|
|
August 14, 2018, 02:26:16 PM |
|
It is just a normal rule in financial markets. After BTC & all altcoins pumped too fast, it is time for some adjustment. My friends suggested my to buy ETH at $130, BTC at $4000.
Keep calm!!
|
|
|
|
Xxmodded
Sr. Member
Offline
Activity: 2296
Merit: 315
SOL.BIOKRIPT.COM
|
|
August 14, 2018, 02:27:15 PM |
|
How would you explain the current fall in price of cryptos. There are no news of crypto banning or confiscation. So what is the reason for it? Did we wanted more than we needed? Is our greed killing crypto and blockchain technology in whole?
I have not found any indication of the cause of the decline, but now there is so much panic that prices are falling because many people sell altcoin or bitcoin. I think the best option is to wait until this drop ends and buy it again.
|
|
|
|
JQCrypto
Newbie
Offline
Activity: 70
Merit: 0
|
|
August 14, 2018, 02:29:52 PM |
|
I do not think God will help crypto. Because the price of crypto is not decided by the Lord, but the investors decide this. But when God will save those who have stolen coins from innocent people.
What did you mean "Investors"? Small and individual investors like me means nothing in the market, just a prey waiting for the whales. In this market, Whale is controlling everything, price included.
|
|
|
|
ethicalbtc
Newbie
Offline
Activity: 63
Merit: 0
|
|
August 14, 2018, 02:34:13 PM |
|
Yes there is a huge price dump happening in cryptocurrency industry and many investors are really affected by this sudden movement. I think with this recent happening expect that there will be more downwards movement and all my selling of crypto is moved to a halt.
|
|
|
|
aumusxou
Member
Offline
Activity: 88
Merit: 10
|
|
August 14, 2018, 02:51:02 PM |
|
I think that this is temporary and in order not to lose your investments you need to assess the situation sensibly and not to rush to sell your coins.
|
|
|
|
Conte_Forni
Member
Offline
Activity: 406
Merit: 10
https://www.bitc2.org/
|
|
August 14, 2018, 02:55:29 PM |
|
This is normal for crypto, then the prices change every time, then up and down, but soon I'm sure that it will only be up, but unfortunately not for all projects and that's what remains alive we need to decide for ourselves and buy it coins. It's about time to buy coins.
|
|
|
|
titan20
|
|
August 14, 2018, 03:15:24 PM |
|
How would you explain the current fall in price of cryptos. There are no news of crypto banning or confiscation. So what is the reason for it? Did we wanted more than we needed? Is our greed killing crypto and blockchain technology in whole?
I do not think the market trends are controlled by God. Still, if I have to be honest, I do not know why the market has been so negative for so long. I hope there is some reason and soon the bulls that we all wait for will appear.
|
|
|
|
MOProgress
|
|
August 14, 2018, 03:19:11 PM |
|
I think the fall of crypto these few days back is really alarming, I don't and can't figure out what really the cause of this down trend these few days in the crypto market. maybe something fishy which is yet to be reveal to the masses of crypto enthusiasts.
|
|
|
|
kirstiemorton23
Jr. Member
Offline
Activity: 280
Merit: 1
|
|
August 14, 2018, 03:29:21 PM |
|
I was also very confused about what had happened to Crypto, what was the reason that had happened until Crypto had a very severe accident, all assumptions and news about manipulation began to appear, I hoped God would save Crypto from this mess.
|
|
|
|
solarsun
Jr. Member
Offline
Activity: 99
Merit: 1
|
|
August 14, 2018, 03:47:01 PM |
|
I have been saying this in most threads and hopefully some will listen. The bankers are now in this game. This is what they do. They put the fear into you and cause you to sell at the lows if your inexperienced. This is simply weeding out the folks who do not belong here.
|
|
|
|
Betaa
Newbie
Offline
Activity: 101
Merit: 0
|
|
August 14, 2018, 03:49:51 PM |
|
the market is now nearing death, the decline occurs every day. this could be because many people panicked and made large-scale sales which resulted in the market getting worse.
|
|
|
|
sabihanazir
Newbie
Offline
Activity: 126
Merit: 0
|
|
August 14, 2018, 03:56:20 PM |
|
I think the market trends are controlled by God. Because I think all thing of world make the god so the price of crypto is decided by the Lord it's my believe. Moreover there is a huge price dump happening in cryptocurrency industry and many investors are really affected by this sudden movement.
|
|
|
|
Goruno
|
|
August 14, 2018, 04:01:26 PM |
|
The panic to sell is good sign for all big investors and crypto groups and They must do it then they can get more cheap coins. everybody must remember all things happened 4 years ago and it seems it's the same . we must wait for some big storms leaving .
|
|
|
|
Welinigh
Newbie
Offline
Activity: 54
Merit: 0
|
|
August 14, 2018, 04:02:14 PM |
|
Please don't panic. This is very normal in cryptocurrency market. The cryptocurrency market is all about pumps and dumps. The bear market will soon end and the market will start recovering its position back. I hope this will soon occur.
|
|
|
|
|