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Author Topic: Main reason behind crypto currencies red market in 2018  (Read 10096 times)
maarx (OP)
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August 26, 2018, 09:39:31 PM
 #1

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.



























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August 27, 2018, 09:24:41 AM
 #2

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.

Although there is no specific reason as to why the price of bitcoin has taken a nose dive in the current year, I believe its the accumulation of several factors that are known to us and even factors that happen behind the scenes that we can only make conjectures about without any supporting evidence for holding such position.

However, attributing the reason exclusively to the ICOs will be rather unfair because if there is any section of the market that takes the most hit in 2018, its the ICOs market where there were bans against raising fund, advertisement platforms basing their reason for suspending crypto related ads for the fraud there such as Facebook, Twitter, Google etc. the rate at which regulations has been coming hard and even the general perception even on the forum that ''most ICOs are fraud'', and I have equally seen several ICOs unable to meet the minimum target set because of all of this.

We can only hope that several happenings would be in the favor of bitcoin or the market just move one from relying on injection of funds that will not come anytime soon or else, 2019, we will still be making excuse for the failure of the market.
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August 27, 2018, 03:29:55 PM
 #3

2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

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August 27, 2018, 06:21:25 PM
 #4

The current year has been bitten worst for crypto coins.
2011 was worse than this year.

we have ICOs in the market with the best projects. So what happened is the investment spill over too many ICOs
The rise in bitcoin has led to an increase in altcoins, especially the ETH.
The increase in Ether supported all these ICOs, leading to an excessive increase in its number.

thus the bitcoin value remained below $ 6.5K.
$ 6,000 is a fair price, noting that the rise to $ 19,000 was temporary and unreal due to several factors, the most important
Price manipulation, free coins from BCH, and the massive price difference between trading platforms.

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August 27, 2018, 08:20:20 PM
 #5

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.

Mate, if you check the growth wise I would agree with you bitcoin and all the cryptocurrencies going to down side in the complete marketplace. So far people are having big panic while they were looking to invest on the cryptocurrencies.

When you want to invest on the cryptocurrencies always pick in the bear market time. As well as you will be keep hodling your fund mate.

 
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August 28, 2018, 01:36:32 AM
 #6

The rise in bitcoin has led to an increase in altcoins, especially the ETH.
The increase in Ether supported all these ICOs, leading to an excessive increase in its number.

$ 6,000 is a fair price, noting that the rise to $ 19,000 was temporary and unreal due to several factors, the most important
Price manipulation, free coins from BCH, and the massive price difference between trading platforms.


I'm glad someone else sees this. Honestly, I expect prices to go a bit lower before correcting. This is because the yearly price shifts for tax reasons have not hit yet and things are still unstable in Asia.

I think the Asian influx really is part of what drove the bubble complete with price manipulators and new uneven trade prices coming in. Laws appearing in Asia is what killed it coupled with the fact that right now most cryptocurrency sees zero actual use outside of investing and gambling.

Actual use cases generally improves the crypto market. I think less manipulation from Asia plus ETH and ETH based tokens being used in actual non-gambling games and various non-betting platforms is why things are starting to improve. As BTC is still the de facto buy and trade currency for most coins, as ETH rises so will BTC. If ETH ever gets one really big breakout platform/game using either ETH or an ETH based token, then the price of crypto in general will soar. It may even flip to ETH being the de facto trade currency!

For now, though, I am worried about the number of junk tokens appearing on ETH that don't actually do anything. They aren't part of a game, platform, or service. They aren't used by anyone. This may tank ETH if it keeps up. Those use cases are always, ALWAYS important!
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August 28, 2018, 01:40:28 AM
 #7

Most ICO nowadays are getting worst they are also the cause why all investors of crypto dump their precious coins just to invest with incoming tokens.  However, i can not also say that it is all the cause, maybe this is just a correction of last year unstoppable peaking of price.  Almost 20k and afterwards price decreases.

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August 28, 2018, 03:49:18 AM
 #8

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.

This year Bitcoin experienced the lowest decline, lower in February, probably influenced by the rules born for Bitcoin or the crypto hacking bithumb effect last June 2018 and raises concerns for investors, but Bitcoin is currently trying to hold back the decline with many Announcement of new infrastructure, various investment opportunities and trading platforms, new applications and new innovations, because we hope and remain confident that bitcoin will recover, stabilize and experience a rising trend.
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August 28, 2018, 04:17:28 AM
 #9

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
There are lot of factors causes the prices to fall this year,first of all the whales caused the prices to fall when they made huge amount of peofits by hyping the prices at the later end of 2017 and the short term investors who just bumping and dumping the coins to maike money in short term and the bad news about the crypto currency on all the media.

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August 28, 2018, 07:47:00 AM
 #10

I couldn't agree more that there were too many ICOs. Remember that a lot of these ICOs, most of them only asked for money in crypto. So in effect, you had people buying up Ether to invest in ICOs, which caused demand and price increase, I believe even Bitcoin benefited from this early in 2017 when ICOs were still mainly asking for BTC. But as most later ICOs were ERC20, they asked for ETH and this drove it up.

Then all those tokens cashed in, they all crashed, and people were having more ETH distributed towards ICO bags.

Bad cycle that needs to end.

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August 28, 2018, 07:58:33 AM
 #11

I have seen a lot of news that has caused the market to fall, but I think the main reason comes from hackers and whales! What do you think?

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August 28, 2018, 03:37:38 PM
 #12

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
The too many scam ICOs may be another reason that not more people want to invest on the crypto currencies but what happened is already happened so don't worry about it but for now it looks like there is considerable bump on the bitcoin prices and marching towards $7000 so this maybe the end of the red days.









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August 28, 2018, 06:55:05 PM
 #13

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
The too many scam ICOs may be another reason that not more people want to invest on the crypto currencies but what happened is already happened so don't worry about it but for now it looks like there is considerable bump on the bitcoin prices and marching towards $7000 so this maybe the end of the red days.

I don't know why the people like to scam others and make money with it. Those kind of people need to accused and punished. Then I believe hacking issues and regulations over the cryptocurrencies is the reason for the price dump.
If you believe the market worth and it goes to peak value means all the coins have potential but you need to wait for sometime to explode on it.
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August 28, 2018, 10:54:50 PM
 #14

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.

I this agree on a option where OP said. For me I believe that the the market of cryptocurrency is going for the down red it is because....

(PS: I have many reasons.. Also this ideas it not mine this are form the secondary sources that I read because which I want to share)

1. It is the people who buy and sell there investments.
2. This is the people who hold

This 2 options I said is an work where we people do it the same time in seconds.

Plus each altcoin is independent and sometimes as I can see that is not how is it works in each coin. Sometimes it does not depend on the king and queen of cryptocurrency, it is dependent "not all" because each altcoin has different investors.

When you see one altcoin and one is green all are read it means it is independent it dies not depend on the bitcoin.
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August 28, 2018, 11:40:00 PM
 #15

However, attributing the reason exclusively to the ICOs will be rather unfair because if there is any section of the market that takes the most hit in 2018, its the ICOs market where there were bans against raising fund, advertisement platforms basing their reason for suspending crypto related ads for the fraud there such as Facebook, Twitter, Google etc.

I've been hearing a lot about ICOs liquidating and fueling the bear market. A trading analyst I follow on Twitter updated his sampling of ICOs a few weeks ago and said that most are still holding. That was a few days before the market bottomed.

I'd agree that it's not primarily ICOs selling that's been causing the downturn in 2018. I think it's just a natural distribution cycle after all the gains made in 2017. I saw the same stuff play out in 2013 and 2014.

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August 29, 2018, 02:37:11 AM
 #16

I think its because of so many hackers and scammer so thats why the market fall down and the investors sell their tokens immediately.
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August 29, 2018, 03:27:49 AM
 #17

Current year has been bit worst for crypto coins.
This year isn't the worst for cryptocurrencies, look at the past years there has been bad year for the early lads.

Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K .
I won't blame the ICOs if the market has been down and the current value of bitcoin has decreased. This normal incident where whales sold most of their bags and the small ones that are just following the trend sold as well and that made the demand lower.

This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
Altcoins fall as well, they are leaning to bitcoin's shoulder so there's a domino effect.

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August 29, 2018, 05:16:48 AM
 #18

2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

Is it? I thought 2017 was the highest amount of raised funds through ICOs that may never be repeated again because most ICO developers have already scammed millions of $ from the community. The community is wiser now but also out of BTC and $ to burn lol.
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August 29, 2018, 07:46:18 AM
 #19

2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

Is it? I thought 2017 was the highest amount of raised funds through ICOs that may never be repeated again because most ICO developers have already scammed millions of $ from the community. The community is wiser now but also out of BTC and $ to burn lol.

I wouldn't be surprised in 2018 is the year when ICO raised a lot of money. I think there's ICO born every minute so its possible that they attracted more investors. The problem is scammed ICO ares still present and I assume that its one reason why the market is also down, investors doesn't have the full confidence and they are getting intelligent and smarter today as compare to last year.

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August 29, 2018, 07:52:59 AM
 #20

Some ICO has seen already this issues as some ICO finishes the project as early as three week or less... And some ICO was not very useful at all, I am referring to the virtual world wherein hike eth and bitcoin that we can but pizza, coffee, cake, t-shirt, car, house and many more....

Most coins are only for trading that's why people only are here to sell and buy them...

But as for now I see campaign becoming more and more longer like taking 9 week to 12 week to finish, I hope this method will help coins to have their own progress and to give a market a break.... And may this longer period detect that the ICO is seriously taking the project and considering the value of every penny from their investors..
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August 30, 2018, 05:09:43 AM
 #21

2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

Is it? I thought 2017 was the highest amount of raised funds through ICOs that may never be repeated again because most ICO developers have already scammed millions of $ from the community. The community is wiser now but also out of BTC and $ to burn lol.

I wouldn't be surprised in 2018 is the year when ICO raised a lot of money. I think there's ICO born every minute so its possible that they attracted more investors. The problem is scammed ICO ares still present and I assume that its one reason why the market is also down, investors doesn't have the full confidence and they are getting intelligent and smarter today as compare to last year.

I would be surprised, if you ask me. Its now a bear market, everyone is dumping their tokens with losses and many people in the community who are left holding are already scammed. Theres no more money coming in anymore lol.
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August 30, 2018, 06:12:22 AM
 #22

First of all, I am certain this has not been the worst year for Bitcoin prices. I believe 2011 was worse. But most likely, many people on this platform were not dealing in Bitcoins in 2011. Now let's talk about the reason for price drops. I think I disagree with you here too. Placing the reason behind a bad year for Bitcoins on the large number of ICOs is rather inaccurate economics. It is clear that there were a number of peculiar factors that came into play this year. I think lazy investors too are contributing to this issue. If everyone does proper research before investment, the market will actually flourish more.
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August 30, 2018, 06:26:05 AM
 #23

2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

Is it? I thought 2017 was the highest amount of raised funds through ICOs that may never be repeated again because most ICO developers have already scammed millions of $ from the community. The community is wiser now but also out of BTC and $ to burn lol.

I wouldn't be surprised in 2018 is the year when ICO raised a lot of money. I think there's ICO born every minute so its possible that they attracted more investors. The problem is scammed ICO ares still present and I assume that its one reason why the market is also down, investors doesn't have the full confidence and they are getting intelligent and smarter today as compare to last year.

I would be surprised, if you ask me. Its now a bear market, everyone is dumping their tokens with losses and many people in the community who are left holding are already scammed. Theres no more money coming in anymore lol.

Not true. Those money that were poured in crypto last year will be poured again at the right time, it all just need a push are they are all going to come running after the price. A seasoned trader will even chase a trade knowing the price doesn't indicate overbought. Once a person realized how much he gained after dumping last year, he will soon be back wanting for more.


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August 30, 2018, 08:45:06 AM
 #24

2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

Is it? I thought 2017 was the highest amount of raised funds through ICOs that may never be repeated again because most ICO developers have already scammed millions of $ from the community. The community is wiser now but also out of BTC and $ to burn lol.

I wouldn't be surprised in 2018 is the year when ICO raised a lot of money. I think there's ICO born every minute so its possible that they attracted more investors. The problem is scammed ICO ares still present and I assume that its one reason why the market is also down, investors doesn't have the full confidence and they are getting intelligent and smarter today as compare to last year.

I would be surprised, if you ask me. Its now a bear market, everyone is dumping their tokens with losses and many people in the community who are left holding are already scammed. Theres no more money coming in anymore lol.
The decline of the entire cryptocurrency market is due to the sell-offs to take profit and cut losses of many investors making the whole market plummet since early 2018. I believe this market will not stop here. And the opportunity for investors is still very much. The market will grow strongly by the end of this year and beginning of 2019.
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August 30, 2018, 11:49:13 AM
 #25

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.

This year Bitcoin experienced the lowest decline, lower in February, probably influenced by the rules born for Bitcoin or the crypto hacking bithumb effect last June 2018 and raises concerns for investors, but Bitcoin is currently trying to hold back the decline with many Announcement of new infrastructure, various investment opportunities and trading platforms, new applications and new innovations, because we hope and remain confident that bitcoin will recover, stabilize and experience a rising trend.
It may start a new trend but I still feel it is too early to start expecting that. The fact that we are in a downtrend, does not mean it should start raising concerns for investors.

Investors are simply supposed to be investing in the long term if I am correct, and that makes me imagine how some people tend to put that long term in place when they are really looking at is the short term. The red market was imminent after the huge growth in most of the markets, but as it is, I want to believe we may be getting close to the end of it.
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August 30, 2018, 11:53:19 AM
 #26

Well I believe there to be many factors but I think the MAIN reason was it went up really high really fast it had to come down I knew it was gonna crash just didn't know when everytime it crashed before that I panicked and sold then bought bak in bc it kept going up then when it finally crashed for real I kept calm and was waiting for it to raise SMH lol. Also I went in thinking it was a long term investment not thinking I would see those gains in that short of a timeframe....

But I do think we will see green again in the future maybe an 9-18 month bear market (were 6 month right now). Just my opinion Smiley

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August 31, 2018, 03:35:05 AM
 #27

2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

Is it? I thought 2017 was the highest amount of raised funds through ICOs that may never be repeated again because most ICO developers have already scammed millions of $ from the community. The community is wiser now but also out of BTC and $ to burn lol.

I wouldn't be surprised in 2018 is the year when ICO raised a lot of money. I think there's ICO born every minute so its possible that they attracted more investors. The problem is scammed ICO ares still present and I assume that its one reason why the market is also down, investors doesn't have the full confidence and they are getting intelligent and smarter today as compare to last year.

I would be surprised, if you ask me. Its now a bear market, everyone is dumping their tokens with losses and many people in the community who are left holding are already scammed. Theres no more money coming in anymore lol.

Not true. Those money that were poured in crypto last year will be poured again at the right time, it all just need a push are they are all going to come running after the price. A seasoned trader will even chase a trade knowing the price doesn't indicate overbought. Once a person realized how much he gained after dumping last year, he will soon be back wanting for more.



It doesnt mean that you are completely right. The investors wont pour money on ICOs this year especially in the middle of a bear market. But investors poured more money than they can afford in ICOs on 2017 in the middle of the bull market.

Which year has more money invested in ICOs? This year or last year?
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August 31, 2018, 06:53:06 AM
 #28

I heard that the recent market decline was caused by the ICO project cashout, and because investors are afraid of fraud, they choose to give up investing in ICO, and the price of ETH will also decrease!

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August 31, 2018, 07:32:53 AM
 #29

Most ICO nowadays are getting worst they are also the cause why all investors of crypto dump their precious coins just to invest with incoming tokens.  However, i can not also say that it is all the cause, maybe this is just a correction of last year unstoppable peaking of price.  Almost 20k and afterwards price decreases.
It is very normal to see ICOs get worst when we tend to have a bear market and for what it is worth and for those who are smart enough, they should have been able to see it as a moment to be getting some good price in the ICOs of their choice.

I have been able to personally pick some tokens and coins due to the market trend for a while and got the chance of buying them way below their ICO prices which to me seems like a pretty good bargain.
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August 31, 2018, 07:57:35 AM
 #30

The ICO only had a small impact, but the increased selling pressure obviously affected prices, and the initial holders were quick to sell new assets that were the main reason Bitcoin was down.
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August 31, 2018, 10:47:04 AM
 #31

2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

Is it? I thought 2017 was the highest amount of raised funds through ICOs that may never be repeated again because most ICO developers have already scammed millions of $ from the community. The community is wiser now but also out of BTC and $ to burn lol.
2018 has not yet ended though, but the number of ICOs that popped out successfully this year was really huge and I can really say it might be the year that brought about some difference for ICOs.

Last year was really more of a joke with huge number of scams and projects that ended up the drain eventually, but this time around, with investors getting wiser each and every day and new ones knowing what they should be doing before investing in ICOs, we have seen solid new projects hitting their soft caps at least.
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August 31, 2018, 11:03:02 AM
 #32

Red market we see because of the number of volume going down in the market and other side I do not why the people not believing the cryptocurrencies and let the cryptocurrencies goes to cheap value in the market.

Then I do not know reason actually on this dump but other side yesterday cryptoucurrency volume seems increased little. If the people does not trust this will not be seen increased so I believe whales are playing in the crypto market.
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August 31, 2018, 02:22:28 PM
 #33

2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

Many reasons behind crypto red market and it includes; First, the market manipulations. Whales can manipulate price. Orchestrating large sums of digital coins, whales create necessary conditions to buy crypto at a low price or sell at a high. Second is the regulation, government does not recognize cryptocurrencies as legal tender and will take all measures to eliminate the use of these cryptoassets in financing illegitimate activities or as part of the payments system. and etc.,
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August 31, 2018, 05:13:10 PM
 #34

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.

Yes, the lack of interest in Bitcoin keeps prices from rising again, with so many ICOs making huge funds divided into bad markets some altcoins are just rubbish where lots of waste and investing in coins are wrong, ICOs are very wasteful of money and meaningless, fraud where fear for all investors with the free market there is no law for the emergence of new ICOs every day, I hope people realize that the top coin is a good investment and cuts fraud.
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August 31, 2018, 05:16:09 PM
 #35

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.

Yes, the lack of interest in Bitcoin keeps prices from rising again, with so many ICOs making huge funds divided into bad markets some altcoins are just rubbish where lots of waste and investing in coins are wrong, ICOs are very wasteful of money and meaningless, fraud where fear for all investors with the free market there is no law for the emergence of new ICOs every day, I hope people realize that the top coin is a good investment and cuts fraud.

In between couple of big countries had banned it or gave a negative news due to which market was dumped badly and thus it was never able to recover from that during this year. It has being a more of a negative news coming form countries else we could have seen it 20k+ anytime during the year by now.
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August 31, 2018, 06:47:34 PM
 #36

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
I think the main reason for the market being red in 2018 is because there is a big dump or a big correction after the very high increase in 2017, so far I can still feel the value of crypto in the market can still be normal because it can last above $5k. So I personally don't feel worried about this situation. In addition, all ICO projects are also experiencing a difficult period because many negative issues are circulating.

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August 31, 2018, 11:53:59 PM
 #37

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
I think the main reason for the market being red in 2018 is because there is a big dump or a big correction after the very high increase in 2017, so far I can still feel the value of crypto in the market can still be normal because it can last above $5k. So I personally don't feel worried about this situation. In addition, all ICO projects are also experiencing a difficult period because many negative issues are circulating.

Big dumps and there's no assurance that the market will bounce back are some of the reason why we haven't recovered and still in the bear reason. The market is really unpredictable, if you thought that it will recover, some retracement follows. Bad ICO is also a contributory factors, which so many scams going, investors are reluctant to pour their cash again. And noobs who got burned, doesn't want to go back in fear of losing more money.

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August 31, 2018, 11:56:26 PM
 #38

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
I think it was a general correction, although some money went into ICOs but not really much to have dragged the price down to the 6,500 $ level.ICO scams weakened investors trust anyway,so it is still a factor
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September 01, 2018, 02:55:11 AM
 #39

2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

Is it? I thought 2017 was the highest amount of raised funds through ICOs that may never be repeated again because most ICO developers have already scammed millions of $ from the community. The community is wiser now but also out of BTC and $ to burn lol.
2018 has not yet ended though, but the number of ICOs that popped out successfully this year was really huge and I can really say it might be the year that brought about some difference for ICOs.

Last year was really more of a joke with huge number of scams and projects that ended up the drain eventually, but this time around, with investors getting wiser each and every day and new ones knowing what they should be doing before investing in ICOs, we have seen solid new projects hitting their soft caps at least.

Okay but lets compare how much money was "poured" in ICOs in 2018 so far. What were the ICOs that got the largest amount of funding and compare that to the ICOs that got the largest amount of funding from 2017.

With that said, there may be more scams this year than 2017.
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September 01, 2018, 05:38:16 AM
 #40

Another thing to add is regulations from countries that's been putting crypto currency in a tight spot also ICO being banned made a negative impact on crypto currency and made it people untrustworthy of investing into digital currency. And not just that there are also some major hacks occurred this year in many exchanges.

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September 01, 2018, 06:12:16 AM
 #41

Another thing to add is regulations from countries that's been putting crypto currency in a tight spot also ICO being banned made a negative impact on crypto currency and made it people untrustworthy of investing into digital currency. And not just that there are also some major hacks occurred this year in many exchanges.

Not only regulation one of the other factors is ETF is also declining the price of Bitcoin, even China country is still, not favourable for the cryptocurrency. Other things big impact is that they have cryptocurrency regulation, things will always take time, hacks etc all these things makes the price to decline.
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September 01, 2018, 07:35:32 AM
 #42

I think its because of so many hackers and scammer so thats why the market fall down and the investors sell their tokens immediately.
Hackers and scammers do not have any part to play in the downtrend equation of the market. The market was bound to experience this fate anyway after the unnecessary spike in price and an organized manipulated pump that got so many gullible new investors FOMOing.

That to me seems more like major factors that caused the downtrend and every other thing such as news, some shitty developments, are just some additional fuel to the fire that was already burning.
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September 01, 2018, 07:55:44 AM
 #43

In 2018, the Crypto market is constantly red because of a number of security breaches, regulatory violations, government bans on ICO activity, expiration dates and some issues. About checking customer's ID. These all affect Bitcoin and other electronic money discounts.
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September 01, 2018, 10:03:02 AM
 #44

The most affected factor in the market this year came from hackers, and many trading platforms were hacked, causing multiple panic in the market!
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September 01, 2018, 05:57:10 PM
 #45

Because, if you see that,  At the end of 2017 the value of bitcoins reached at the highest position. No one expected such types of growth of bitcoins.  It was really unbelievable .It continued at the first two months of 2018. But after few month later and the mid of 2018 it started to decreasing instead of increasing. It is expected after few month later or at the last of 2018 the value of bitcoins will be high position again.
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September 03, 2018, 03:01:07 AM
 #46

I think there are professional and smart traders that has cashed out a lot in the last bull run. There are no new investors while ICOs and exchanges are just keep adding. Maybe we really need an ETF approval to revive the market again.
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September 03, 2018, 03:49:08 AM
 #47

2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

Is it? I thought 2017 was the highest amount of raised funds through ICOs that may never be repeated again because most ICO developers have already scammed millions of $ from the community. The community is wiser now but also out of BTC and $ to burn lol.
2018 has not yet ended though, but the number of ICOs that popped out successfully this year was really huge and I can really say it might be the year that brought about some difference for ICOs.

Last year was really more of a joke with huge number of scams and projects that ended up the drain eventually, but this time around, with investors getting wiser each and every day and new ones knowing what they should be doing before investing in ICOs, we have seen solid new projects hitting their soft caps at least.

Okay but lets compare how much money was "poured" in ICOs in 2018 so far. What were the ICOs that got the largest amount of funding and compare that to the ICOs that got the largest amount of funding from 2017.

With that said, there may be more scams this year than 2017.

Marcel666 and Whosdaddy can you show the data of how much money was invested in ICOs for 2017? Lets compare it when 2018 is over.

The problem with some people here is they like to talk but cant provide the needed answers to the real questions.
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September 03, 2018, 11:14:10 AM
 #48

First of all, I am certain this has not been the worst year for Bitcoin prices. I believe 2011 was worse. But most likely, many people on this platform were not dealing in Bitcoins in 2011. Now let's talk about the reason for price drops. I think I disagree with you here too. Placing the reason behind a bad year for Bitcoins on the large number of ICOs is rather inaccurate economics. It is clear that there were a number of peculiar factors that came into play this year. I think lazy investors too are contributing to this issue. If everyone does proper research before investment, the market will actually flourish more.
We have surely had worse years in the past and most of the people complaining now are the new investors who were busy shouting moon and buying at the peaks last year, with those who have the experience sharing how much the market is just being manipulated based on speculations and why new investors should be relaxed, but they were instead tongue lashed for their pessimism.

The market is a very volatile one and for the fact that we had a push up for no reason which could not sustain itself, little things makes it drop fast, but based on past happenings, nothing goes up without coming down and vice versa.

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September 03, 2018, 12:53:32 PM
 #49

I am newbie around here, but the obvious reason is because of different fraud or scam crypto project. It's obvious to turn back and never try to deal on crypto currency if you see a lot of investors throwing their money on a useless shitcoins or project. Thinking that this is the main reason why btc and altcoins are cointinuing to fall down. Please correct me if not.
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September 03, 2018, 01:40:52 PM
 #50

The market now is increasing, value of bitcoin crosses the boarder line of 7,000 USD
and been stable with 7200 for some days now. The problem we are facing now is the decrease on demand in part of ETH.
i have seen the market, BTC doing well while ETH is being down in BTC value.
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September 03, 2018, 07:23:23 PM
 #51

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.

You made a reasonable point here. Funds that could have made Bitcoin scale up in price have been distributed over investments on ICOs. Bitcoin has prided itself on not being moved by the normal market manipulators, such as global strife and socioeconomic activities. However, there are times when it fluctuates for some obscure reasons.
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September 03, 2018, 07:30:45 PM
 #52

Fear is another factor that has caused downtrend in cryptocurrencies prices. Several warnings were given as to why people should avoid investing in cryptocurrencies on the premise of the volatile nature of the market. Last year, The major fear in the market was fear of missing out.” These speculations led many to rush into the market, resulting in price inflation. However, there are believes that the market is currently stabilizing, which is the reason for the plunge.
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September 04, 2018, 11:56:17 AM
 #53

2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

Is it? I thought 2017 was the highest amount of raised funds through ICOs that may never be repeated again because most ICO developers have already scammed millions of $ from the community. The community is wiser now but also out of BTC and $ to burn lol.

I wouldn't be surprised in 2018 is the year when ICO raised a lot of money. I think there's ICO born every minute so its possible that they attracted more investors. The problem is scammed ICO ares still present and I assume that its one reason why the market is also down, investors doesn't have the full confidence and they are getting intelligent and smarter today as compare to last year.

I would be surprised, if you ask me. Its now a bear market, everyone is dumping their tokens with losses and many people in the community who are left holding are already scammed. Theres no more money coming in anymore lol.
Those who I pity the most are the ones dumping their tokens and coins at loss, with no plans for the future or when they should be getting in even if the market seems to go down the more. The mistake a lot of people make is to focus so much on the current situation and then lose track of what the future really is holding.

There may be no more money coming in now though, but it does not mean when market starts seeing some green light eventually, we won't start seeing those money for projects with real life product to make use of and bring in demand for them.
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September 04, 2018, 12:40:40 PM
 #54

2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

Is it? I thought 2017 was the highest amount of raised funds through ICOs that may never be repeated again because most ICO developers have already scammed millions of $ from the community. The community is wiser now but also out of BTC and $ to burn lol.
2018 has not yet ended though, but the number of ICOs that popped out successfully this year was really huge and I can really say it might be the year that brought about some difference for ICOs.

Last year was really more of a joke with huge number of scams and projects that ended up the drain eventually, but this time around, with investors getting wiser each and every day and new ones knowing what they should be doing before investing in ICOs, we have seen solid new projects hitting their soft caps at least.

Okay but lets compare how much money was "poured" in ICOs in 2018 so far. What were the ICOs that got the largest amount of funding and compare that to the ICOs that got the largest amount of funding from 2017.

With that said, there may be more scams this year than 2017.

Marcel666 and Whosdaddy can you show the data of how much money was invested in ICOs for 2017? Lets compare it when 2018 is over.

The problem with some people here is they like to talk but cant provide the needed answers to the real questions.
Absolutely true Smiley. I am not surprised since it is a market filled with high level of speculation anyway.

I am not really sure what they want to be comparing, but the thing is last year being a bullish year brought about a lot of greed into the market with so many people wanting to get rich overnight, new investors with no knowledge of how to effectively partake in ICOs popping in and a lot of scammers using this as an advantage.

These days, it was hard to see a scam ICO that would not end up being known before even attempting to scam any investor. As far as I am concerned, investors were more gullible last year than this year.
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September 04, 2018, 07:53:10 PM
 #55

Because, if you see that,  At the end of 2017 the value of bitcoins reached at the highest position. No one expected such types of growth of bitcoins.  It was really unbelievable .It continued at the first two months of 2018. But after few month later and the mid of 2018 it started to decreasing instead of increasing. It is expected after few month later or at the last of 2018 the value of bitcoins will be high position again.

No. The first two months of 2018, the bear season has already started, the price of bitcoin already below $10K at the end of February. The main reason for the fall is that the bubble have been burst, people just cash out and take the profit specially in the December madness.

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.

You made a reasonable point here. Funds that could have made Bitcoin scale up in price have been distributed over investments on ICOs. Bitcoin has prided itself on not being moved by the normal market manipulators, such as global strife and socioeconomic activities. However, there are times when it fluctuates for some obscure reasons.

I don't think so. Funds that could have made bitcoin scale up will just will just be wipe out because of the bearish season. Both market has suffered, altcoins has suffered worst and I don't think that there will be significant funds to move to bitcoin coming from altcoin because people are afraid to invest. And people who are investing in ICO are also pulling their money out as soon as they see a good margin of profits.

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September 05, 2018, 12:05:09 AM
 #56

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
I think the red market is in profit taking in the market. Accompanying that is cutting and selling off the profit taking of the previous buyers. They have not or do not intend to return to the market as a market capitalization.
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September 05, 2018, 01:14:15 PM
 #57

I think maybe that could be the main reason why the condition of cryptocurrency prices has decreased in price and the red color is probably because there is bad news that makes many traders panic and finally sells the assets they have at very cheap prices.
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September 05, 2018, 03:38:49 PM
 #58

I think the worst reason is the SEC and also there some reasons. But I hope all the reasons will be optional in a few months and the total market cap will go their own way.

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September 06, 2018, 06:44:53 AM
 #59

Because, if you see that,  At the end of 2017 the value of bitcoins reached at the highest position. No one expected such types of growth of bitcoins.  It was really unbelievable .It continued at the first two months of 2018. But after few month later and the mid of 2018 it started to decreasing instead of increasing. It is expected after few month later or at the last of 2018 the value of bitcoins will be high position again.
Normally, the whole cryptocurrency market is fully loaded with huge speculation and that makes it easy to see the value start going up pretty high in a short amount of time and then see it go down rapidly before you even know it. For me, we are still in the continuation of no real life usage which obviously has given room for more speculation in this market and as long as that is concerned, we will keep seeing huge reds following huge greens and vice versa.
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September 06, 2018, 07:39:26 AM
 #60

The main reason for the fall is that the bubble have been burst, people just cash out and take the profit specially in the December madness.

Na.. I don't see the bubble busting because bitcoin got to an unexpected ATH because so many people rushed in too with expectations of a further increase, that means they believed the market.

I see the fall in the area of lack of trust because of the so much fraud that has been withnessed from ico this year. This year happens to be the highest in icos (I think, at least more than last year) and has also been fraud too.

So monies have been lost to a few.

You made a reasonable point here. Funds that could have made Bitcoin scale up in price have been distributed over investments on ICOs.

Yes, Icos which never contributed to the market cap. The invested money were never brought back into the market because of scam. This is affecting the market.

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September 06, 2018, 07:53:26 AM
 #61

I think the worst reason is the SEC and also there some reasons. But I hope all the reasons will be optional in a few months and the total market cap will go their own way.

Some of the negative news which came some 4-5 months back from the big countries lead to the drastic fall and then we also have those panic sellers who destroyed the market more badly and still we are suffering due to which the price has not moved above 10k anytime in this year.

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hirundinecrypto
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September 06, 2018, 11:21:33 AM
 #62

There will be many investors who join the crypto currency if the positive issue regarding bitcoin and blockchain technology is growing. News like Japan plans to pay employee salaries with bitcoin is one of the positive issues that I believe will have an influence on the increase in bitcoin prices.
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September 06, 2018, 11:33:47 AM
 #63

Oh a salary in bitcoin - would mean people would have to sell their Bitcoin to get cash if they were not using crypto - though if people were using crypto to pay for things more then that would work out well - though one would argue, why not just pay with cash?
There must be multiple factors causing the red market... question will be how long will this go on for?
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September 06, 2018, 01:10:35 PM
 #64

Oh a salary in bitcoin - would mean people would have to sell their Bitcoin to get cash if they were not using crypto - though if people were using crypto to pay for things more then that would work out well - though one would argue, why not just pay with cash?
There must be multiple factors causing the red market... question will be how long will this go on for?
If you thought that it will recover, some retracement follows. Bad ICO is also a contributory factors, which so many scams going, investors are reluctant to pour their cash again. And noobs who got burned, doesn't want to go back in fear of losing more money.
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September 06, 2018, 02:41:16 PM
 #65

Oh a salary in bitcoin - would mean people would have to sell their Bitcoin to get cash if they were not using crypto - though if people were using crypto to pay for things more then that would work out well - though one would argue, why not just pay with cash?
There must be multiple factors causing the red market... question will be how long will this go on for?

Salary in bitcoin was once accepted and people were ready to accept the btc in the time of 2015  and after that as well but since 2017 I really do not know what happened people why they were not looking to recommend and get the salary in cryptocurrencies.
Then Market is red due to the investment factor is missing from all the time. When this last bump starts there were more than 20 billions growth in the market next to that we are seeing around 25k BTC sold by one person alone today. Really making every one pain.
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September 06, 2018, 03:06:40 PM
 #66

2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.
Yes, you are right, there are some positive news for 2018, most of the negative news is spread, they spread the news that makes everyone scared and panic, my advice, they have to support giving some articles that can invite everyone to keep believing in crypto
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September 06, 2018, 03:31:24 PM
 #67

When you think the market is down it increases, when you think the market is up, it drops. In the cryptocurrency market it is hard to predict unless you are the expert
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September 07, 2018, 12:20:24 PM
 #68

Yes, you are right, there are some positive news for 2018, most of the negative news is spread, they spread the news that makes everyone scared and panic, my advice, they have to support giving some articles that can invite everyone to keep believing in crypto
But, sometime negatif news are very beneficial, especially for huge investor. If you trust and follow the development of your assets, i think that's a chance to buy more assets.

When you think the market is down it increases, when you think the market is up, it drops. In the cryptocurrency market it is hard to predict unless you are the expert
Yes, it's hard for people who just keep for trading. I think in cryptocurrency market you should to follow the development of your assets while trading, because positive/negative news is very affect in cryptocurrency market. So, you can decide to sell or buy more assets. IMO
Jacklowo
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September 07, 2018, 01:02:37 PM
 #69

Yes, you are right, there are some positive news for 2018, most of the negative news is spread, they spread the news that makes everyone scared and panic, my advice, they have to support giving some articles that can invite everyone to keep believing in crypto
But, sometime negatif news are very beneficial, especially for huge investor. If you trust and follow the development of your assets, i think that's a chance to buy more assets.

When you think the market is down it increases, when you think the market is up, it drops. In the cryptocurrency market it is hard to predict unless you are the expert
Yes, it's hard for people who just keep for trading. I think in cryptocurrency market you should to follow the development of your assets while trading, because positive/negative news is very affect in cryptocurrency market. So, you can decide to sell or buy more assets. IMO
The recent market decline was caused by the ICO project cashout, and because investors are afraid of fraud, they choose to give up investing in ICO, and the price of ETH will also decrease.
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September 07, 2018, 02:38:00 PM
 #70

I am still confident that the drop in bitcoin price that we see during 2018 is justified to a large extent by the fact that people who have no idea about the cryptocurrency purchased a huge amount of bitcoins in November 2017-January 2018 and are still getting rid of them.
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September 07, 2018, 05:37:33 PM
 #71

In addition, I also think that if the crypto is likely to not last long in the peak, therefore after 2017 is at the top then 2018 is the time for correction and price or crypto market to drop the price again into the red market. But I'm also still convinced that the crypto market will again increase in the future which will make it a green market.

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September 07, 2018, 05:46:30 PM
 #72

There will be many investors who join the crypto currency if the positive issue regarding bitcoin and blockchain technology is growing. News like Japan plans to pay employee salaries with bitcoin is one of the positive issues that I believe will have an influence on the increase in bitcoin prices.
The truth is that throughout last year, most people that joined crypto did so not because they understand what the future of this market holds, but because they want to get rich overnight and that fueled some seriously huge FOMO into the market and therefore is what is affecting the market presently.

You still get to see people at this stage, asking if they should be selling out of panic that the market could go lower, and I am pretty sure, there would be some who would just even panic sell without asking which all accounts to what is going on. There is no serious demand in terms of usage, and people are just getting greedy.
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September 10, 2018, 10:12:12 AM
 #73

I think the worst reason is the SEC and also there some reasons. But I hope all the reasons will be optional in a few months and the total market cap will go their own way.

Some of the negative news which came some 4-5 months back from the big countries lead to the drastic fall and then we also have those panic sellers who destroyed the market more badly and still we are suffering due to which the price has not moved above 10k anytime in this year.

Negative news only fueled the inevitable drop in price anyway, it is not like it would not have happened even right from the onset. I remember sometimes last year towards the end, when some of us were warning people about an imminent fall in price while some newbies were busy joining FOMO, a lot of people discarded that.

Pumps that is not driven by real demand is usually manipulated and people who are fond of being a part of FOMO are normally the targets of whales and what we are seeing now is the final result.
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September 10, 2018, 12:12:40 PM
 #74

maybe that makes the condition of the cryptocurrency price to be red because of the bad news that attacked cryptocurrency and spread in several international media discussing that cryptocurrency is very dangerous and very bad so there are traders who panic and sell bitcoin owned and make price conditions in place the exchange becomes collapsed.

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September 10, 2018, 01:16:59 PM
 #75

maybe that makes the condition of the cryptocurrency price to be red because of the bad news that attacked cryptocurrency and spread in several international media discussing that cryptocurrency is very dangerous and very bad so there are traders who panic and sell bitcoin owned and make price conditions in place the exchange becomes collapsed.
I believe this market will not stop here. And the opportunity for investors is still very much.
The market will grow strongly by the end of this year and beginning of 2019.
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September 11, 2018, 11:56:28 AM
 #76

In addition, I also think that if the crypto is likely to not last long in the peak, therefore after 2017 is at the top then 2018 is the time for correction and price or crypto market to drop the price again into the red market. But I'm also still convinced that the crypto market will again increase in the future which will make it a green market.
Most times, the problem with quick peaks is that they are not sustainable. There is actually nothing as good as a steady growth and a growth that is fueled by real demand and not just some speculation or some greedy FOMOs wanting to get rich fast so they can have their dream achieved of purchasing Lambo, buying big house etcetera and then the same dudes who pumped the market to instigate huge market movement upward dumped on them. Also, most of the time anyway, there is nothing that ends up going up that will not eventually end up coming down at some point which is the level we are presently now.

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September 11, 2018, 03:13:08 PM
 #77

maybe that makes the condition of the cryptocurrency price to be red because of the bad news that attacked cryptocurrency and spread in several international media discussing that cryptocurrency is very dangerous and very bad so there are traders who panic and sell bitcoin owned and make price conditions in place the exchange becomes collapsed.

Recent days there is no that much bad news in the marketplace but still the value of bitcoin not at all bumping up. What is the reason for it buddy. I hope ee will find some bumps st least in upcoming days.
All we need is support from the hodlers whoever have fund at big level.
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September 12, 2018, 02:54:54 PM
 #78

maybe that makes the condition of the cryptocurrency price to be red because of the bad news that attacked cryptocurrency and spread in several international media discussing that cryptocurrency is very dangerous and very bad so there are traders who panic and sell bitcoin owned and make price conditions in place the exchange becomes collapsed.

Recent days there is no that much bad news in the marketplace but still the value of bitcoin not at all bumping up. What is the reason for it buddy. I hope ee will find some bumps st least in upcoming days.
All we need is support from the hodlers whoever have fund at big level.
If you thought that it will recover, some retracement follows. Bad ICO is also a contributory factors, which so many scams going, investors are reluctant to pour their cash again. And noobs who got burned, doesn't want to go back in fear of losing more money.
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September 12, 2018, 06:01:28 PM
 #79

ETH is now under 200$, it can not foreseen how market will be if its gone under 100$. May be everything will be collapsed.
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September 12, 2018, 06:15:57 PM
 #80

Yeah, Investors are spending their money on ICOs and new projets but this doesn't explain the bitcoin's price fall since all the market is falling.

I think the main reason is that people do not trust bitcoin anymore and want to get out with minimum loss.


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September 12, 2018, 06:22:54 PM
 #81

There are several factors contributing to the current market state, many people invested in bitcoin end of 2017 without making any risk analysis some of these people have lost money because of the deep dump. It still too pre-mature I am confident that it will improve and many more players will join but we all have to act as evangelist helping people around us understanding how to use crypto and how can they can benefit of it.

Thanks
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September 13, 2018, 04:10:42 AM
 #82

Yeah, Investors are spending their money on ICOs and new projets but this doesn't explain the bitcoin's price fall since all the market is falling.

I think the main reason is that people do not trust bitcoin anymore and want to get out with minimum loss.


Just new investors will turn away from bitcoin and don't even believe in bitcoin. And I guess if an investor does not believe in bitcoin then they will not invest in altcoin or ICO but they will leave the cryptocurrency industry. Untill now, the price of bitcoin still has the highest price compared to other altcoins. So, there is nothing to worry about for some investors with the decline in the price of bitcoin now, or even they didn't trust anymore.
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September 14, 2018, 04:09:40 PM
 #83

There are several factors contributing to the current market state, many people invested in bitcoin end of 2017 without making any risk analysis some of these people have lost money because of the deep dump. It still too pre-mature I am confident that it will improve and many more players will join but we all have to act as evangelist helping people around us understanding how to use crypto and how can they can benefit of it.

Thanks

How can we help people understand how to use crypto currency and how to profit from it? We lose everything ourselves here every day.
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September 14, 2018, 11:24:23 PM
 #84

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.

There are few ICOs that have become a success and even the ICOs that made a lot of money last year would not be enough to make the price go to the point of being in the $ 6000. I am of the opinion that the main reason why the price fell a lot and continues to fall is because of the regulation. when the price rose to  $18000, aroused the attention of all governments of the world, many governments and banks began to warn people for do not buy bitcoin. other governments started to say that banks should not allow people to buy cryptos and that they should close exchange accounts. this made people afraid to buy bitcoin, for example, see the case of India.

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nniecan001
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September 15, 2018, 12:37:24 AM
 #85

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
There are lot of alternative coins that is truly useless as "shitcoins". For the reason of slow development and worst case scenario is there's no real product or service at all. After finishing the pre-sale and ICO...and having a funds from different investors, the team went missing and no one knows what will happen next. This is the common way why the market is down and decreasing the liability of crypto currencies around the globe. So , the less money and investor comes, the less opportunity to crypto market expand or grow.
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September 15, 2018, 06:54:03 AM
 #86

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
I don’t really think that’s the reason. Come to think of it, people claimed that the price as of last was pumped by whales and that’s why it got to the price rate of $19000+. So if that’s true, I’m guessing that the main reasons behind the price of being so low as $6000+ is. Because it was dumped.

And by the way this wasn’t the price as of last it was below $6k. Many people even were complaining it was very high and needed to be corrected, so that’s it– it was either dumped or something like that.
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September 15, 2018, 08:28:31 AM
 #87

Yeah, Investors are spending their money on ICOs and new projets but this doesn't explain the bitcoin's price fall since all the market is falling.

I think the main reason is that people do not trust bitcoin anymore and want to get out with minimum loss.


Just new investors will turn away from bitcoin and don't even believe in bitcoin. And I guess if an investor does not believe in bitcoin then they will not invest in altcoin or ICO but they will leave the cryptocurrency industry. Untill now, the price of bitcoin still has the highest price compared to other altcoins. So, there is nothing to worry about for some investors with the decline in the price of bitcoin now, or even they didn't trust anymore.
Yeah it is right many people are now investing in Altcoin because the prices are very low and they can hold lots of coins with small investment. On the other hand bitcoin is very expensive and average people are not able to buy just a single bitcoin. Other thing is that the price of bitcoin is not guaranteed and big dip can happen any time. That’s why small investors do not invest in bitcoin.
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September 15, 2018, 11:18:56 AM
 #88

I am still confident that the drop in bitcoin price that we see during 2018 is justified to a large extent by the fact that people who have no idea about the cryptocurrency purchased a huge amount of bitcoins in November 2017-January 2018 and are still getting rid of them.
Very much justified I must say! One thing with this market is that manipulation is easy because a lot of new investors are greedy and highly ignorant. This level of ignorance is what has made them to end up making terrible decisions over time and then tend to start looking for someone to blame for their decisions.

People got greedy last year and then joined FOMO with all the mainstream media news and the zeal for them to want to get rich overnight with crypto mooning and thereabout, and then voila, the drop came and they are sitting on a huge loss.
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September 16, 2018, 06:58:25 PM
 #89

Yeah, Investors are spending their money on ICOs and new projets but this doesn't explain the bitcoin's price fall since all the market is falling.

I think the main reason is that people do not trust bitcoin anymore and want to get out with minimum loss.


Just new investors will turn away from bitcoin and don't even believe in bitcoin. And I guess if an investor does not believe in bitcoin then they will not invest in altcoin or ICO but they will leave the cryptocurrency industry. Untill now, the price of bitcoin still has the highest price compared to other altcoins. So, there is nothing to worry about for some investors with the decline in the price of bitcoin now, or even they didn't trust anymore.
Yeah it is right many people are now investing in Altcoin because the prices are very low and they can hold lots of coins with small investment. On the other hand bitcoin is very expensive and average people are not able to buy just a single bitcoin. Other thing is that the price of bitcoin is not guaranteed and big dip can happen any time. That’s why small investors do not invest in bitcoin.
It is not good say we are not investing to bitcoin because today it is high in price and altcoins are low in price, mate this kind of thinking can give you temporary happiness but buying bitcoin today and holding for long time can give you permanent happiness because price use to change but when it get red market try to buy more and hold soon it will be green and it can make your future brighter.
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September 17, 2018, 02:20:25 AM
 #90

Because of huge loss in investing on bitcoin people are loosing their trust on crypto,  and big players or holder are playing with small holders i think that's the main reason
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September 17, 2018, 10:29:57 AM
 #91

Yeah, Investors are spending their money on ICOs and new projets but this doesn't explain the bitcoin's price fall since all the market is falling.

I think the main reason is that people do not trust bitcoin anymore and want to get out with minimum loss.


In my opinion the main reason for red market is that all the predictions about the price in this year became false and people have dishearten and no more people are investing in bitcoin. The demand for bitcoin has reduced. Other factor is that big investors manipulate the market and they are sucking small investors. These are the two big factors which cause red market.

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September 20, 2018, 11:56:57 AM
 #92

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.

There are few ICOs that have become a success and even the ICOs that made a lot of money last year would not be enough to make the price go to the point of being in the $ 6000. I am of the opinion that the main reason why the price fell a lot and continues to fall is because of the regulation. when the price rose to  $18000, aroused the attention of all governments of the world, many governments and banks began to warn people for do not buy bitcoin. other governments started to say that banks should not allow people to buy cryptos and that they should close exchange accounts. this made people afraid to buy bitcoin, for example, see the case of India.

The main reason in my mind is that many people have lost their investment in bitcoin and they now do not believe in bitcoin. To see those other people also avoid bitcoin investment due to which demand for bitcoin become low and that is the reason for red signal of the market. When there is bearish situation in the market nobody will take risk to put his hard earn money for losing in bitcoin.
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September 20, 2018, 04:12:18 PM
 #93

Because of huge loss in investing on bitcoin people are loosing their trust on crypto,  and big players or holder are playing with small holders i think that's the main reason

Crypto market has reached its highest on December 2017, then turn back to standard. It made the huge investment burned to ash, so investors are very carefully now.
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September 20, 2018, 05:20:35 PM
 #94

Over past six months, crypto prices have been steadily rising, creating skepticism about the industry's development. In fact, "Crypto Winter" takes place as a healthy and creative way to "purge" the ecosystems because such discretionary adjustments will create long-term value from short-term traders.
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September 21, 2018, 04:41:53 AM
 #95

Yeah, Investors are spending their money on ICOs and new projets but this doesn't explain the bitcoin's price fall since all the market is falling.

I think the main reason is that people do not trust bitcoin anymore and want to get out with minimum loss.


In my opinion the main reason for red market is that all the predictions about the price in this year became false and people have dishearten and no more people are investing in bitcoin. The demand for bitcoin has reduced. Other factor is that big investors manipulate the market and they are sucking small investors. These are the two big factors which cause red market.
Predictions will always be false because no one can see into the future. People can say whatever they like and assume whatever they want to assume, but in reality, the only best thing they can do for themselves, is to just simply stick with what they see and not what they want to see happen.

The market may be red, but that does not mean it would be red forever, a lot of investors are already taking advantage of it, and it is just a pity that while some people are whining, the market is already recovering and they are back again joining FOMO. Doing the same thing over and over and expecting different results.

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September 21, 2018, 07:04:18 AM
 #96

Me i believe the reason behind the red market is bitcoin is correcting hard due to the fact that the pump ending last year was so unreal and it wasnt going to last but i wasnt expecting all altcoins to still be down by now because it looks like bitcoin is not going away away from $6k.

Thats how i stumble upon an article saying why bitcoin fell, because of a hack back then in june” popular South Korean cryptocurrency exchange Bithumb reported a system breach that resulted in approximately $31 million worth of cryptocurrencies being stolen. Coincidentally, in the days following the hack, there was a large marketwide dip — Bitcoin and Ethereum dropped 11 and 15 percent, respectively.” https://bitcoinist.com/6-reasons-why-bitcoin-price-is-down-and-some-positive-news-too/
 I really dont know if its enough reason for the market to still be down by now.
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September 22, 2018, 07:58:12 AM
 #97

So many reasons or factors that affect the condition of the market. It's very obvious how the bearish trend tortured the market for so the past 8 months and it's only this time that i can see a sign of life for cryptos when almost all of them are rising up making the market in green color.

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September 22, 2018, 08:05:21 AM
 #98

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
There are lot of alternative coins that is truly useless as "shitcoins". For the reason of slow development and worst case scenario is there's no real product or service at all. After finishing the pre-sale and ICO...and having a funds from different investors, the team went missing and no one knows what will happen next. This is the common way why the market is down and decreasing the liability of crypto currencies around the globe. So , the less money and investor comes, the less opportunity to crypto market expand or grow.
In my opinion the main reason for bitcoin red market is market manipulation. Big investors which are called whales manipulate the market and that is not good for small investors. The result is that the investment capital became low and the price downs more than expectations. Now the only way to overcome this bearish situation of the market, we will have to increase the investment capital.
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September 24, 2018, 10:21:38 AM
 #99

Because of huge loss in investing on bitcoin people are loosing their trust on crypto,  and big players or holder are playing with small holders i think that's the main reason
That trust won’t be hard to gain back when the hype starts and then, they will keep doing what they know how to do best which is to join FOMO. The market is red, so what ? The coins are terribly down, is that new ? It is normal for a market to experience a huge correction and we see it in every other market outside cryptocurrency every time, but this simply is always a time to invest into these currencies so that when they recover, you will be swimming in some good profit, but people certainly won't just learn.

There could be thousand reasons why entire crypto market is down from last year's December. But the core reason must be, all of us. Yes, like most other market, crypto-market is also driven by supply and demand and we are the root cause for creating supply and demand.

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September 25, 2018, 07:31:29 PM
 #100

Big whales are manipulating the market according to their own. And another reason is so many false news spread about bitcoin through social media. This makes investors panic and made the price become lower and lower. And another reason some countries banned bitcoin as illegal. So from this year starting itself bitcoin has so many downs.
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September 25, 2018, 08:27:46 PM
 #101

The main reason started when all country started to make rules and regulation to use cryptocurrency and stopping immediately usage of cryptocurrency in their country till regulation are not formed. So the main investors sold the coins and seeing the market moving down panic sellers also sold it in profit or loss.

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September 26, 2018, 07:25:20 AM
 #102

The main reason started when all country started to make rules and regulation to use cryptocurrency and stopping immediately usage of cryptocurrency in their country till regulation are not formed. So the main investors sold the coins and seeing the market moving down panic sellers also sold it in profit or loss.
Many countries are regulating the market before and yet the price is not dumping that much. We experienced a big fall this year compare to the previous dump, and I also believe its more on whales taking profit during the peak and now we are suffering at the bottom. No specific reason for the dump but we have to wait for the whales to pump the market, let's just buy more bitcoin so we can still earn in the future bull market.
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September 26, 2018, 07:29:30 AM
 #103

personal idea
I think the worst phenomenon on the market today is control and fraudsters, they are destroying the balance of the market, and many investors leave the market because of fraud, which has caused many people to start worrying about the market!

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September 26, 2018, 07:45:11 AM
 #104

This is worst for bitoin because the prices are not increase, again and again the price keeps on falling. So many negative news spread about bitcoin through social medias. This makes bitcoin value keeps on falling and most of the investors get panic about the price drop this mkes market more worst.
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September 26, 2018, 07:56:12 AM
 #105

personal idea
I think the worst phenomenon on the market today is control and fraudsters, they are destroying the balance of the market, and many investors leave the market because of fraud, which has caused many people to start worrying about the market!
Correct! That fraud news or those trying to manipulate holders just do the panic selling and that is what just happening now.
Maybe in this year time to invest, who knows next year market will become bullish market.

Holding now is the best thing to do and help contribute to the market that keep bitcoin stable price and probably raising up at end of this quarter month.

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September 26, 2018, 08:22:01 AM
 #106

personal idea
I think the worst phenomenon on the market today is control and fraudsters, they are destroying the balance of the market, and many investors leave the market because of fraud, which has caused many people to start worrying about the market!

Mostly among the new beginners it happens a lot that they get carried away with the type of recommendations people make or ask them to invest and get x amount etc and in the end they realize that they where scammed and they would not like to come back again .

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voztata
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September 26, 2018, 10:08:32 AM
 #107

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
With everything that happened last year, there is no doubt that price as going to get such high. Everyone talked about Bitcoin, the main topic last year was just Bitcoin and people kept talking about it; both positively and negatively and I believe that drew the interest of several investors and they started to put their money into it. By the end of the year a lot of people called it a quit and price got very down. Too bad for those that got in late with the hope that price will continue to increase.
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September 26, 2018, 12:38:55 PM
 #108

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
There are lot of alternative coins that is truly useless as "shitcoins". For the reason of slow development and worst case scenario is there's no real product or service at all. After finishing the pre-sale and ICO...and having a funds from different investors, the team went missing and no one knows what will happen next. This is the common way why the market is down and decreasing the liability of crypto currencies around the globe. So , the less money and investor comes, the less opportunity to crypto market expand or grow.
In my opinion the main reason for bitcoin red market is market manipulation. Big investors which are called whales manipulate the market and that is not good for small investors. The result is that the investment capital became low and the price downs more than expectations. Now the only way to overcome this bearish situation of the market, we will have to increase the investment capital.
In my view, there are many factors, which cause bad situation of the market. The big reason for this is market manipulation. Big investors hold the market and they decide what to do in the future. Now people understand this and that’s why they do not want to invest in bitcoin. Demand for bitcoin is very low which cause low price. Whales will never let us make money from bitcoin investment.
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September 27, 2018, 04:41:43 AM
 #109

the reason that makes the price of bitcoin and some cryptocurrency red like this in 2018, there may be many people who sell their assets at very cheap prices. I heard that there was news that sold its assets last month.
You can see the news at: https://www.bloomberg.com/news/articles/2018-09-25/tokyo-whale-sells-230-million-bitcoin-in-mt-gox-wind-down
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September 27, 2018, 12:05:13 PM
 #110

For real cryptocurrency activity has great potential for great development, no need to put a cross, to carefully consider their choice in your investment portfolio.
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September 27, 2018, 12:12:31 PM
 #111

Big whales are manipulating the market according to their own. And another reason is so many false news spread about bitcoin through social media. This makes investors panic and made the price become lower and lower. And another reason some countries banned bitcoin as illegal. So from this year starting itself bitcoin has so many downs.
I don't think this is a manipulation from a whale? do you know that marketcaps in cryptocurrency reaches hundreds of millions of dollars. who is the whales who can control that big market ? and why do they hold crypto prices. bitcoin in particular at low prices for a long time?
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September 27, 2018, 12:12:43 PM
 #112

personal idea
I think the worst phenomenon on the market today is control and fraudsters, they are destroying the balance of the market, and many investors leave the market because of fraud, which has caused many people to start worrying about the market!

Mostly among the new beginners it happens a lot that they get carried away with the type of recommendations people make or ask them to invest and get x amount etc and in the end they realize that they where scammed and they would not like to come back again .
I want to believe it is the mindset of getting rich quick that a lot of newbies have set for themselves is the reason why they get so emotional easily and they tend to make the wrong decisions most times when it comes to a market. The market is just in a healthy correction, but when a market is down, this is not a time to be bearish on the market, but a time to be accumulating.

Moreover out of fear, people bail out at loss or fail to take advantage of the dips and instead all they do is to hear the market going up rapidly and then FOMOing until they eventually miss out a lot. Life is all about learning the perks and being able to deal with every situation for your benefit.

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sevenjoy
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September 28, 2018, 10:30:24 AM
 #113

Because of huge loss in investing on bitcoin people are loosing their trust on crypto,  and big players or holder are playing with small holders i think that's the main reason
That trust won’t be hard to gain back when the hype starts and then, they will keep doing what they know how to do best which is to join FOMO. The market is red, so what ? The coins are terribly down, is that new ? It is normal for a market to experience a huge correction and we see it in every other market outside cryptocurrency every time, but this simply is always a time to invest into these currencies so that when they recover, you will be swimming in some good profit, but people certainly won't just learn.

There could be thousand reasons why entire crypto market is down from last year's December. But the core reason must be, all of us. Yes, like most other market, crypto-market is also driven by supply and demand and we are the root cause for creating supply and demand.
This is the main reason that people lost their investment in bitcoin and now they do not trust bitcoin anymore. Most of the people have converted their money to Altcoin and some have withdrawn because they think that bitcoin is a Ponzi scheme and putting money in it is just a waste of time and money. It is better to invest in Altcoin or any other regular business.
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September 28, 2018, 12:50:23 PM
 #114

This is worst for bitoin because the prices are not increase, again and again the price keeps on falling. So many negative news spread about bitcoin through social medias. This makes bitcoin value keeps on falling and most of the investors get panic about the price drop this mkes market more worst.
For a senior member, I thought by now people that has spent much time on this forum should know better that market will not just start skyrocketing immediately and it will always take its time most especially when it is trying to find a direction.

Leaving the market because of fraud for anyone should not be an excuse as far as I am concerned, because for a lot of it, the ability to identify a scam or fraud or to be able to stay secured, is something learnable except that people are always just too lazy to learn.

The red market is just a normal part of any market, and it is always a good time to buy but people tend to only see the negativity to it and that is what makes them miss out.

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September 28, 2018, 01:08:48 PM
 #115

a lot of other factors also have effects in the price.
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September 29, 2018, 11:43:53 AM
 #116

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
I don’t really know why the market is at its current state, I have seen people come up with lots of reasons as to why the market is as it is now, but don’t you think it’s time they stop giving us reasons as to why things are like this and tell us what to do to make the market good again? I already knew that the market will drop from the $19k of last year to a low price that’s why I withdrew everything I had.

I saw people say that the price rate of coins in the market are too high and that they will corrected this year so I believe that’s what happened.
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September 29, 2018, 01:41:01 PM
 #117

Big whales are manipulating the market according to their own. And another reason is so many false news spread about bitcoin through social media. This makes investors panic and made the price become lower and lower. And another reason some countries banned bitcoin as illegal. So from this year starting itself bitcoin has so many downs.
I don't think this is a manipulation from a whale? do you know that marketcaps in cryptocurrency reaches hundreds of millions of dollars. who is the whales who can control that big market ? and why do they hold crypto prices. bitcoin in particular at low prices for a long time?
Whether it is manipulation by a whale or not, it is nothing to those who are looking forward to the long term. I remember few years ago when I bought around $100 and the market went down the more, people said a lot of things even worse than now, and because of a huge red market, you will get to hear people saying that the market is dead or something, and the crazy part is that they will find some news to back up their bullshit FUD.

Well, here we are today and who is still smiling? The thing is that as long as you know the potential of what you are holding, you really will not care about the current red market; you will care more about not missing the benefits in the future, even though you still understand some of the risks involved in the short term.
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September 29, 2018, 05:43:33 PM
 #118

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
I don’t really know why the market is at its current state, I have seen people come up with lots of reasons as to why the market is as it is now, but don’t you think it’s time they stop giving us reasons as to why things are like this and tell us what to do to make the market good again? I already knew that the market will drop from the $19k of last year to a low price that’s why I withdrew everything I had.

I saw people say that the price rate of coins in the market are too high and that they will corrected this year so I believe that’s what happened.
That's the reason why the market situation during this years very sad when we see is due to the many negative news circulating that attacks the Bitcoin so make investors pull back their assets, panic sell, and definitely make the prices Bitcoin fall along with the price of other crypto.

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StarofBTC
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October 01, 2018, 10:40:51 AM
 #119

For real cryptocurrency activity has great potential for great development, no need to put a cross, to carefully consider their choice in your investment portfolio.
When considering an investment, I want to believe it is just a normal thing to focus on the long term. Even if I start a business today, it will take time to even start gaining ground, expanding and getting something substantial from it.

But in any case, the rate at which people get greedy these days and are looking for a way to get rich is the reason why they do not even know how to be patient enough even when there is a red market and to even know they should be taking advantage of it. Well, like I always say, not everyone can be smart.
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October 02, 2018, 02:49:10 PM
 #120

maybe that is the reason why cryptocurrency prices are currently falling because there are so many bad news circulating on the internet and many traders are easily panicked that makes cryptocurrency prices tend to fall at this time.
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October 03, 2018, 10:40:43 AM
 #121

For real cryptocurrency activity has great potential for great development, no need to put a cross, to carefully consider their choice in your investment portfolio.
Well, that is one thing for any smart investor which is to always use the down market as a basis to build on the future and leave other gullible ones that have no idea what they are doing in the market except to want to get rich overnight, whine for as long as they want to.

No market is beyond correction, and what we are experiencing now is a correction after a bullish flight which is very normal. Once the market finds a bottom, consolidate for a while, it is normal to see it recover afterwards and then start a new cycle which is why taking advantage of those low prices is always the best way to go.
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October 03, 2018, 11:20:48 AM
 #122

the reason that makes the price of bitcoin and some cryptocurrency red like this in 2018, there may be many people who sell their assets at very cheap prices. I heard that there was news that sold its assets last month.
You can see the news at: https://www.bloomberg.com/news/articles/2018-09-25/tokyo-whale-sells-230-million-bitcoin-in-mt-gox-wind-down
Normally, in every bear market, sellers are always more than buyers and we get to see it the other way round with a bull market. The thing here is that the market was driven hugely and speculatively last year and the result of that is what we are experiencing at the moment.

As long as the whales will always keep being in the picture, the market is speculative, and we have not yet seen proper real life usage, we will keep seeing the market being driven up and down as the case may be.
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October 03, 2018, 12:53:24 PM
 #123

I think that this is a natural development and will not always go market growth with last year's scenarios, now we are on the threshold of new interesting events and even higher prices for cryptocurrencies!
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October 03, 2018, 01:21:49 PM
 #124

There will be numerous financial specialists who join the digital money if the positive issue with respect to bitcoin and blockchain innovation is developing. News like Japan intends to pay representative pay rates with bitcoin is one of the positive issues that I accept will have an effect on the expansion in bitcoin costs.
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October 04, 2018, 11:44:51 AM
 #125

For real cryptocurrency activity has great potential for great development, no need to put a cross, to carefully consider their choice in your investment portfolio.
When considering an investment, I want to believe it is just a normal thing to focus on the long term. Even if I start a business today, it will take time to even start gaining ground, expanding and getting something substantial from it.

But in any case, the rate at which people get greedy these days and are looking for a way to get rich is the reason why they do not even know how to be patient enough even when there is a red market and to even know they should be taking advantage of it. Well, like I always say, not everyone can be smart.
In my opinion the reason is that demand for bitcoin is low and Altcoin depends upon the price of bitcoin and most of the people want to invest in bitcoin. When bitcoin is down Altcoin will also down and when bitcoin raises Altcoin will also rises. So it is clear that the price of bitcoin is low, therefore nobody in investing in Altcoin and the whole market is red.
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October 06, 2018, 09:22:43 AM
 #126

maybe that is the reason why cryptocurrency prices are currently falling because there are so many bad news circulating on the internet and many traders are easily panicked that makes cryptocurrency prices tend to fall at this time.
Not only news but many other factors involve in this bearish situation of the market. For instance market manipulation, low demand for cryptos, no stock because of no or low mining, trust of the people and fluctuation if the price. These are the factors that do not allow price to go up. Investors also wonder what to do because they also afraid of losing their money.
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October 06, 2018, 10:54:27 AM
 #127

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
The main reason why Bitcoin is down is because the whales are out and have withdrawn their money. It’s left for them to choose when the price will start to increase and that’s whenever they ate ready to do so. I believe they are waiting for the price to fall even below thus current rate before they push for another bull run, probably because of the ETF.
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October 07, 2018, 02:01:20 PM
 #128

2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

Yes this may be the main fact to market down that i did not think before. In hard cash market there are controlling by government that inflation did not happen. So i think such kind of inflation happened into crypto market and as it has no controlling module it catch the market down. Otherwise there is no fake or bad news last one year in crypto market. So why it will down?
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October 07, 2018, 03:35:26 PM
Last edit: October 08, 2018, 02:39:00 AM by DeadCoin
 #129

Few reasons would be, whales are manipulating the market, many negative news spread about bitcoin, and some countries banned crypto. As the value of every crypto coin has come down, if we had minimum investors and this is another reason for red market. Happy to see that bitcoin and other currencies value are being stable for almost 4 weeks to 6 weeks which is really a good sign still. These are the main reasons that made makert red in this year.
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October 07, 2018, 06:03:23 PM
 #130

More specific reasons may be very difficult to explain because this fall in bitcoin prices is not only due to one factor, but many factors can cause bitcoin prices to fall, in some cases that often occur from year to year bitcoin prices fall usually due to bad news, restrictions circulation from the government in a country and the case of bitcoin theft at a large exchange place, and the last influence in my opinion is from traders who are very easily affected by such issues so they panic and make the price of bitcoin in the exchange place collapse this reason which often occurs when bitcoin prices fall.
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October 07, 2018, 08:46:17 PM
 #131

I do not count the year as the most bad one for bitcoin. Yes, it sharply fell in the most beginning of the year, but the long dynamic shows that the price is almost stable during long period of time, a thousand up or down with clear center 7000$. I think this year should be call as a year of massive holding, but not as the worst one.
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October 07, 2018, 09:08:19 PM
 #132

I do not count the year as the most bad one for bitcoin. Yes, it sharply fell in the most beginning of the year, but the long dynamic shows that the price is almost stable during long period of time, a thousand up or down with clear center 7000$. I think this year should be call as a year of massive holding, but not as the worst one.
This isn't a bad year, we just came from all time high last December to January 2019 so people are comparing today and that month.

At least for now the market seems to be stable and is still testing the waters to reach new levels. Studies are showing that during end of the year's, there are some surprises so let's see if that's really a well done research. If not, as long as it will stagnant and stable to $6500 and won't go under $5000 that's still a fine market.



 

 

 

 

 

 


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October 08, 2018, 05:43:23 AM
 #133

we must be smart to choose which one we should give funds for investment, nowadays there are a lot of bogus investments which are detrimental to many people in various countries. I prefer to continue to monitor the development of the crypto until prices range between USD5000-5500. in my opinion this will be a big loss for bitcoin investors if they sell their assets at this time
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October 10, 2018, 10:19:21 AM
 #134

I do not count the year as the most bad one for bitcoin. Yes, it sharply fell in the most beginning of the year, but the long dynamic shows that the price is almost stable during long period of time, a thousand up or down with clear center 7000$. I think this year should be call as a year of massive holding, but not as the worst one.
This isn't a bad year, we just came from all time high last December to January 2019 so people are comparing today and that month.

At least for now the market seems to be stable and is still testing the waters to reach new levels. Studies are showing that during end of the year's, there are some surprises so let's see if that's really a well done research. If not, as long as it will stagnant and stable to $6500 and won't go under $5000 that's still a fine market.
I think the main reason behind the red market is trust of the people. People do not trust cryptocurrency the most and they think it is just a waste of time and money. There is no future of cryptocurrency and some people think that cryptocurrency is a Ponzi scheme and will take all your money and will disappear one day from the market. Trust of the people is very important it will definitely disappear.
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October 11, 2018, 05:50:16 AM
 #135

we must be smart to choose which one we should give funds for investment, nowadays there are a lot of bogus investments which are detrimental to many people in various countries. I prefer to continue to monitor the development of the crypto until prices range between USD5000-5500. in my opinion this will be a big loss for bitcoin investors if they sell their assets at this time
In my opinion the reason is that small investors think that only big investors can make money from cryptocurrency and they are losing their money and wasting their time. it is better to invest in some regular business. Therefore I think that the main reason for red market is whales. They manipulate the market and this manipulation is not good for crypto market overall.
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October 14, 2018, 09:35:17 AM
 #136

Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
I think the main reason for the market being red in 2018 is because there is a big dump or a big correction after the very high increase in 2017, so far I can still feel the value of crypto in the market can still be normal because it can last above $5k. So I personally don't feel worried about this situation. In addition, all ICO projects are also experiencing a difficult period because many negative issues are circulating.

As I think that there are many reasons that lead to red market, and we don’t have any clear reason for this items so I don’t think that it has any main reason. Yep pump and dump both affect to the market. Fake news is considered as a key sign of pump and dump scam. It may lead people into FOMO psychology, especially it affects to those  who are greedy and don’t have much knowledge especially no one can deny that in this year 2018, bad ICO is mentioned as a scam regularly.
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October 14, 2018, 10:15:40 AM
 #137

I think this is closely related to the ICO market, because last year's market was caused by ICO, but this year is different. All the coins are falling this year, and many investors are bankrupt!

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October 15, 2018, 09:18:01 AM
 #138

Many transactions have failed and some cryptocurrency rumors have made the crypto market bustling. That also affects the rise and fall in cryptocurrency rates.
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