Reasons behind Bitcoin/Cryptomarket fall???

[nagasaking]

Every cryptocurrency lets Bitcoin or ethereum suffer heavy losses over the past few weeks. We cannot really guess what the real reason behind Bitcoin or cryptomarket falls is that there are several factors that influence the price of Bitcoin. Bitcoin volatility is expected to travel to become a mature asset class. We can expect volatility to continue.

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[mendra_2009]

The ban on the use of cryptocurrency or bitcoin by a country is one of the causes of the fall of bitcoin, besides that of course the political, economic, and other problems that occur in the world can also affect the fall of bitcoin.

[mooccowmoo]

One of the reasons behind bitcoin and cryptocurrency is the business need to innovate and create something new, something that is profitable, feasible, easy access and sophisticated, something we can say in the future.

[icxC]

During the hearing for the ETF proposal, there was a lot of hype circulating Bitcoin and a lot of investors converted their ALTs to BTC. When the ETF proposal got rejected by SEC the market started becoming bearish slowly. Moreover, the people who abandoned ALTs made the ALT market to crash as a result the market saw huge unrest for last few days.

[erichall]

Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

The downtrend is a result of parabolic growth, ie, too quick of growth upwards. As for scams, they will always exist and one must do due diligence in order to make wise investments,

[Vengeance007]

The main reason behind the recent crash should be speculation regarding the Winklevoss' ETF which got rejected afterwards and the market crashed badly due to this. However, after the recent correction of the market it has become quite stable right now and hopefully, it will revive more in the coming days.

[TOYOB BISWAS]

Frauds are the reason behind the fall, but they are only a small influence in this entire drastic fall. It could that the investors withdrew their investments because they got their profits, because in the end most of us are not dwelling in the market for the long term. Also there is all the fuss about ETF which has caused the price to fall too.

[m.awanda]

the sole reason cannot be fraud. The news with the ETF is one of the major reason that the price of BTC fell so drastically. If it gets approved by the SEC, chances are high that the market will get some stability again.

[www_blockchain]

No one knows the exact reason for the fall in the price of the crypto currency, and it is absolutely not necessary to know it. The technology that the crypto currency gives us is unique and will develop, so this small drop should not be worried.

[Bonsaiav]

Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

Bitcoin isn't SCAM, everyone here including you might know, that bitcoin's just a tool or medium to speculate, that someone uses to enrich themselves. Everything's called a tool or media, which everything's very susceptible to abuse as is the case with fiat money that we use every day. So, those who do SCAM are human and not bitcoin. Honestly, I don't accept if you say bitcoin's a SCAM.

[teklang01]

I really don't have idea the reasons behind bitcoin fall but maybe there someone behind the price decline, someone manipulate it plus the media attack that causes negative image to cryptos.

[Duogembrot]

usually the reason why crypto market will fail because they might fail when maintaining the security level of the market so that eventually they make a loss because their assets were stolen by hackers and finally the market collapsed.

[ratatat bangbang]

In my own opinion, the reason why bitcoin or cryptomarket fall because of the number of investors who cashing out their investment. I guess it can totally affects its value. Being scam or loss of funds could also be the reason why it fall.

[trauchot]

The market manipulation that is used by big players to merge the market to the minimum possible and in accordance with the time convenient for them to start the reverse action, namely, investments in the market. Also negative news and bans of various governments to use the cryptocurrencies.

[hidden_legend]

Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

Bitcoin isn't SCAM, everyone here including you might know, that bitcoin's just a tool or medium to speculate, that someone uses to enrich themselves. Everything's called a tool or media, which everything's very susceptible to abuse as is the case with fiat money that we use every day. So, those who do SCAM are human and not bitcoin. Honestly, I don't accept if you say bitcoin's a SCAM.

Please read my post again.I am not calling Bitcoin a scam. I am discussing that whether reasons behind Bitcoin's and whole crypto market fall are SCAMS(Like one I mentioned there about my country where Bitconnect used Bitcoin a medium to cheat investors) or SPECULATIONS???
I never say Bitcoin itself a scam.I know its very useful innovation of current Era.

[aray80]

One of the causes of the decline in bitcoin is because of the lack of purchase value because one of the things that can change the price of bitcoin is from the amount of purchase value and selling value...

[MochaDeny]

Do not panic about the drop in Bitcoin's price. It is an overreaction to the news that Bitstamp, Coinbase, itBit and Kraken are being investigated for price manipulation. This will delay the bull market by no more than 30 days. Don't buy into the fear.

[sirohige]

usually the reason why crypto or bitcoin market failed and collapsed was probably because the security of their market was so weak that it made their market very easy to steal and eventually made the market fail and collapse.

[DavidBolster]

There is no reason behind this because this is a business and in every business ups and down is a very natural thing and we need to accept this.

[ribowo76]

I agree that some say there are many factors that have caused a decline in bitcoin prices this year. And one of them is possible, because the SEC has not given permission for bitcoin ETFs. I don't know what the reason is. I can only hope that this condition will soon recover