Reasons behind Bitcoin/Cryptomarket fall???

[Soots]

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???

It is falling i think its because of the panic sellers,the spreading FUDS of bitcoin that make other countries to unaccept bitcoin in their place.Continous drops also caused from big whales that manipulates the market through the coins that theyre holding.

Those negativities had caused us a lot of troubles, and if you analyze the scenario that had been poisoned every persons mind they've been manipulated deeply. This has been put a lot of traders to be panic at any certain aspects that could pull down the market as well. If the whales will not help us this coming months, I don't think that the market will recover fast as we have expected but the hardest thing for this was volatility caused unpredicatable market.

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[Xardasim]

In my opinion the best reason is that people are already tired. Because we have not seen good news this year, and each day goes even worse. As if someone put a limit on price.

[Diced90]

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???

    All i know only demand and supply affect the changes of price of one goods or profucts. Bitcoin i think facing any correction in the market at this moment but it will soon rise higher again.Just stay positive to earn more.

I agree with you on that the demand and supply are key to setting the market price. Nonetheless, these news you stated along with the fake news do add to the turmoil as new investors are tricked and start selling out.

[sebastianAndrei]

yes, crypto fraud has become one of the reasons the bitcoin market crashed, high sales and low purchases are also factors that make the crypto market destroyed.

so, I think that market conditions today are influenced by negative factors that make bitcoin fall drasatically.

You know why its easy to fraud people using bitcoin? Its because no government agencies or regulators managing and limiting the persons capability in the crypto space.

On its value it is highly affected by people who are panic selling their bitcoin with a very unreasonable price or others who have a lots of holding but hoarding it until the price go boom again.

[ansarose1]

I am not expert in market price situation but in my idea, decreasing the price and increasing is because its the normal activity of the market, to be able to balance the coins in the market, some are going to increase and some arebto decrease, there is no balance if all the coins are just only increasing.

[kotajikikox]

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 is good people is bad because they use bitcoin in weong ways to get earn yes one of the reason bitcoin fail becuse of the scamm wth the following reason falling down their price.
1. The most poison giving negative mind from all newbies fake news
2. The hackers have also an effect of the price dump
3, most specially people afraid to invest in bitcoin because a lot of scammers around there

But all of this is trials for all bitcoin ethusiasm need to be strong and be carefull for all decision to avoid any risk.

[IamKnowledge]

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 being a volatile currency can rise and/or fall at any time depending on several factors . It is true that there are scams around. Scam has always been even fiat currency for several years now. So i would not attribute the fall of bitcoin to scam. Besides this is not the first time bitcoin has fallen.

[nydiacaskey01]

I see 3 reasons why there's a sudden fall of Bitcoin and Altcoins. One of them is the anticipation of SEC decision of ETFs or Exchange-Traded Fund. Another is the on-going Chinese Ghost month festival where Chinese investors do not make any business decision until from Augist 11 - September 9 in fear of bad luck and lastly they say there's a manipulation going on but very little proof to back up that claim.

[tabas]

The scam has a big cause for new investors to come in but that doesn't do much with the current setting of the market. Bitcoin/cryptomarket is a speculative market so speculations are very much important but bad news really is impacting the fall.

[Dilnaz Bota]

In my opinion potential regulations could be a major reason behind the downfall of crypto currency. It is never ever possible to regulate crypto currency as it is not centralized system and no one has the authority over it.

[btCHOOop]

Currently the crypto market is full of scammers. This is really upsetting for investors and crypto users as well. Maximum ICO projects people have found promising turned out scams. So due to this crypto market is drowning.

[1van__]

I think that just yet not all people took it for granted, but bitcoin will still take its own, in 2019 it will rise in price and beat its last year's record

[*kimcil*]

Crypto-currency markets and other online trading trends are about news sentiment and that is why they all call it a speculative market. Any news that comes out always affects the market that can be borne to bear the day or bull to go up. It all depends on whether the news is positive or negative.

[nick_nick]

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

Neither scam nor speculation, I believe that after ETFs are approved (ever), Bitcoins will be dominating the whole market at an extremely out-of-reach level which none of the alts might be able to achieve. The reason for Bitcoins' fall was, Bitcoin grew so gradually last year (literally without any reason, but it was all the speed of patience that was held for years before that spike). Considering my analysis over Bitcoins, I can say that every time Bitcoin spiked, it used to come back down to levels that were at least 1/4^th or 1/5^th, I think Bitcoin has already reached its bottom this year and it should carry the rally from now on by taking over the markets with great events coming one by one.

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???

I believe this might be true in a case if those scammers were (ever) able to DUMP Bitcoins over markets.
If things are busted, I believe that their effects would also get over sooner, because everything is clear and Bitcoins are (maybe) under the possession of authorities from that point of time because they might auction those coins or may never let us us, which may then be considered as burnt coins as they won't be coming to the markets as the country (India) is not in favor of crypto (not at least currently).

I share the same opinion as yours. I strongly believe its neither speculations nor scam but the spike experienced in 2017 was quite dramatic and bitcoins would certainly take some time in 2018 leverage . Patience is the key for now, BTC would surely bounce back

[CrimBit]

I think there are many reasons why the price of bitcoin has dropped, the main reason is the spread of bad news that affects supply and demand, because many investors are panicking to sell their bitcoin because they are easily fooled by the spread of news, this makes the price of Bitcoin falls and it is difficult to rise again, because big investors are afraid to reinvest. first learn about bitcoin, before you start investing in crypto, it is very important for you to have knowledge about bitcoin, and for you to know what is best to do when prices go down.

[tsinelas]

marked 5 reasons for that:
Tax Season
Potential Regulation
Mt. Gox Weight
China’s Relation to Cryptocurrencies
Google’s (as well as other social media) ban on Cryptocurrency

I think the biggest hit in this 5 reasons is the china's relation to cryptocuurency. As the government banned crypto the investors decided to have low profile or (lie low) in crypto. But we doesn't have any factual proof in this. It is just my idea.

[jayveerastrullo]

There are many reasons like some says that crypto has been hacked. Some says because of volume distribution. But for me the main reason is the trading itself. We cause the drop and increase so where the main reason. Some wants to sell at big amount some buyer buys for low amount.

[denzkilim]

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???

    All i know only demand and supply affect the changes of price of one goods or profucts. Bitcoin i think facing any correction in the market at this moment but it will soon rise higher again.Just stay positive to earn more.

I agree with you on that the demand and supply are key to setting the market price. Nonetheless, these news you stated along with the fake news do add to the turmoil as new investors are tricked and start selling out.

Definitely, Those newbie investors are the main target of those FUDSTERS especially those media people who keep on spreading FUD against Bitcoin to make those weak hands start to panic selling their hodlings. We all know that fake news has a large impact on the crypto currency realm and those newbie investors are doing exactly what the FUD spreaders wanted to do with. Just what I always say acquiring a lot of knowledge before investing is a must rather than investing for the sole purpose of getting a lot of profit that is fuelling the greed of every people. And one more thing Bitcoin isn't created for investing but with its decentralized nature it became an investment medium and a lot of greedy people are hooked up with it.

[davhek]

The huge price increase we’ve been through was caused by many buying cryptos without even knowing what they are investing in, hoping to make huge profit overnight. It was obvious that it has to stop at some point, and knce people started loosing money everybody was panic selling. Now regular people are afraid to invest while bigger players are taking the oportunity and adding more while waiting for the ETFs and some regulations

[Ava Duvall]

In my opinion the best reason is that people are already tired. Because we have not seen good news this year, and each day goes even worse. As if someone put a limit on price.

i agree. high expectations were raised and not exceeded . people don't want to wait anymore, they want to see positive change