waitforme
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August 18, 2018, 01:36:35 PM |
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Many countries are trying to issue particular bans on Bitcoin in their countries. Many others have made the rumors of Bitcoin on the big exchange forums around the world to make investors nervous and panicked, turning the mayor into a pool of blood.
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MalcolmBee
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August 18, 2018, 01:38:38 PM |
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Cryptos have been held back in recent days amid increasing levels of scrutiny from regulators, most notably in South Korea, where the government is planning to clamp down on trading in virtual currencies.
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SistaFista
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August 18, 2018, 03:46:37 PM |
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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???
What do you mean scam ? Do you mean after several years of cryptocurrency, bitcoin was a scam after all ? No, i think the answer is there are peoples who want to speculate with the price of crypto in the market. There must be many speculators going after crypto because they know cryptocurrency has great potential.
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hidden_legend (OP)
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August 18, 2018, 04:02:09 PM |
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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???
What do you mean scam ? Do you mean after several years of cryptocurrency, bitcoin was a scam after all ? No, i think the answer is there are peoples who want to speculate with the price of crypto in the market. There must be many speculators going after crypto because they know cryptocurrency has great potential. No, I am not calling Bitcoin a scam but I am highlighting people doing scams using Bitcoin or other cryptocurrencies, organising ICO with an intension to scam people around world through crowdfunding, attracting investors to invest in Bitcoin and other mineable altcoins and then suddenly fled with investor's hard earned money. Neither I am calling Bitcoin a scam nor anyother legit altcoin scam.
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Kayuslawal
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August 18, 2018, 04:05:42 PM |
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I can't say or predict the causes of it but i believe one of the reasons is cause by FUD and those spreading fake news to make btc down just because they dont like btc.
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ETHtotheMOON1
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August 18, 2018, 04:10:49 PM |
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Cryptos have been held back in recent days amid increasing levels of scrutiny from regulators, most notably in South Korea, where the government is planning to clamp down on trading in virtual currencies.
I'm wondering what is happening in South Korea, I understand they started regulating the crypto and crypto exchanges and major exchanges already comply. Is there a U turn on that?
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TechnoX_X
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August 18, 2018, 04:21:00 PM |
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Maybe you have the truth. But in my opinion it's not just that the bitcoin factor is falling. In my opinion because it is caused by requests from traders or investors that have been reduced. This can make bitcoin prices fall.
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sormin
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August 18, 2018, 04:26:50 PM |
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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???
Nobody is scam about this. Maybe this is a HALVING factor. Bitcoin does have its own season. And he doesn't keep going down. I predict the price will touch US $ 20,000 by 2020. (Just a guess)
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hidden_legend (OP)
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August 19, 2018, 01:23:08 PM |
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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???
Nobody is scam about this. Maybe this is a HALVING factor. Bitcoin does have its own season. And he doesn't keep going down. I predict the price will touch US $ 20,000 by 2020. (Just a guess) Bitcoin or its founders are not scammers but now some people around world making use of Bitcoin or many altcoins for scamming innocent people.They do it either through crowdfunding or mining of Bitcoin and many more Ponzi scheme.A person or investor who got scammed through it rarely think about reinvestment and when scams came into light many more who willing to enter this new market step back.This whole thing halt the progress of crypto market and new technology.
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Epimetheus
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August 19, 2018, 07:02:53 PM |
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Cryptocurrency is a virtual volatile currency so up and down in its price is not a big deal. It is a decentralised currency because of this their always show irregularity in its production and distribution and this thing affects its price. When a country ban its trading in their country then also its price falls down. Many time the negative news shows by media is the reason behind its falling market price. Cryptocurrency has no stable base and also run in a complex algorithm because of this many people did not believe it and some time many people consider it as a bubble. This type thing also affects its price.
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feelingfroggy
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August 20, 2018, 04:41:45 AM |
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I don't think the market fell due to scams or anything of that nature. I think it is being manipulated by large entities that are attempting to accumulate at these low prices. It matches up perfectly with the price action of the last few weeks.
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martina14
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August 20, 2018, 04:07:01 PM |
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ETF is one of the reason, its rejection is not good. hackers are one of the reason why bitcoin is getting weak also, but most importantly the people of the world and its holder is the main reason. yes they are, weak hands are worse add the panic of their minds. if they will be a good holders it will not happen.
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walemil
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August 20, 2018, 04:47:15 PM |
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I did not hear about the particular scam upon mentioned. A scam involving such a huge amount of money should be heard almost everywhere. I guess that what is responsible for the fall in the price of Bitcoin is the attraction of several new investors to it owing to the last year's ATH. Once many of them made gain and pulled out, the price started crashing.
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Scavagers
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August 20, 2018, 04:52:30 PM |
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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???
I am not aware of many scams out there but I think it is somehow related to the downfall of bitcoin and other cryptocurrency. The major dump of bitcoin is probably due to price manipulation. We all know that there are powerful individuals in the market,they are so called whales which are the huge market players. They can manipulate the price of a coin using their wealth for their own profits.
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BrittanyHorne
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August 20, 2018, 04:53:45 PM |
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Good question. This is very helpful to all crypto workers. Especially at this moment. Everybody knows the market is in a very bad situation. But they didn't know what are the reasons for that situation. My idea is step by step BTC drops downwards. So most of BTC holders and BTC investors are really scared of this condition. So holders are selling all BTC and inventors are stopping make investments in the Bitcoin. So Bitcoin down. I think these are the main two reasons for that situation.
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Gabriel1991
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August 20, 2018, 04:54:47 PM |
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I don't think, scam like this is responsible for the falling of BTC price. It's a digital currency scam like gujrat issue is happening everywhere. Actually lac of confidence among people is the main reason. If people can feather confidence then price will move forward.
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Epimetheus
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August 20, 2018, 06:21:25 PM |
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Cryptocurrency market rate are not predictable. It continously changes. Their are many reason behind its falling price. Some of its important reason are irregular in its production and distribution. This disturbance creat by different miner. Another reason behind the falling price of bitcoin is ban its trading in different countries. Some time bitcoin related with different criminal activities which cause fall in the price of bitcoin. When different company drop their share then the price of bitcoin falls.
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Kakarot01
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August 20, 2018, 06:25:55 PM |
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The purpose behind the market decrease is that it has expanded excessively before the finish of 2017 so the revision is key. This has happened commonly when each such it becomes more grounded. This time it is no special case that it will recoup and develop emphatically later on.
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Kakarot01
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August 20, 2018, 06:31:35 PM |
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Bitcoin and its authors are not con artists but rather now a few people around world making utilization of Bitcoin or numerous altcoins for misleading honest people.They do it either through crowdfunding or mining of Bitcoin and numerous more Ponzi scheme.A individual or financial specialist who got defrauded through it infrequently consider reinvestment and when tricks came into light numerous more who willing to enter this new market step back.This entire thing stop the advance of crypto showcase and new innovation.
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innocentlamb
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August 20, 2018, 06:37:48 PM |
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I keep telling people that it's all a whale manipulation imo. The whales are playing with the poor souls and acquiring more cheap bitcoins while everyone is panicking. I expect by the end of the year BTC to reach at least 10k and more, but no new ATH record. We will see a new ATH as well, but it will be in the next years.
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