cryptokingmaker
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September 01, 2018, 06:12:16 AM |
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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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prtty2gal2
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September 01, 2018, 07:35:32 AM |
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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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hungsanh2512
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September 01, 2018, 07:55:44 AM |
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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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ZhugeKongming
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September 01, 2018, 10:03:02 AM |
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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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DOLONCHAPA
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September 01, 2018, 05:57:10 PM |
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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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imsotiredofmoviereboots
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September 03, 2018, 03:01:07 AM |
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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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pinkflower
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September 03, 2018, 03:49:08 AM |
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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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el kaka22
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www.Crypto.Games: Multiple coins, multiple games
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September 03, 2018, 11:14:10 AM |
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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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nniecan001
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September 03, 2018, 12:53:32 PM |
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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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kram31
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September 03, 2018, 01:40:52 PM |
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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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Unnicew03
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September 03, 2018, 07:23:23 PM |
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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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Unnicew03
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September 03, 2018, 07:30:45 PM |
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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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fasdorcas
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September 04, 2018, 11:56:17 AM |
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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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rickadone
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September 04, 2018, 12:40:40 PM |
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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 . 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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TravelMug
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September 04, 2018, 07:53:10 PM |
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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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lephuqui
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September 05, 2018, 12:05:09 AM |
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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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mkhadazz
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September 05, 2018, 01:14:15 PM |
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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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kakonhat
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Crypto in my Blood
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September 05, 2018, 03:38:49 PM |
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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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tbterryboy
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September 06, 2018, 06:44:53 AM |
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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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Gozie51
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September 06, 2018, 07:39:26 AM |
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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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