onrise
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September 06, 2018, 07:53:26 AM |
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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.
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 |
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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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FreeOxen
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September 06, 2018, 11:33:47 AM |
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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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Bokugo
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September 06, 2018, 01:10:35 PM |
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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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xIIImaL
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September 06, 2018, 02:41:16 PM |
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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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Mhd-Bobbi
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September 06, 2018, 03:06:40 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.
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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kpd918@ra
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September 06, 2018, 03:31:24 PM |
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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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kudil
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September 07, 2018, 12:20:24 PM |
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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
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Jacklowo
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September 07, 2018, 01:02:37 PM |
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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. IMOThe 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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fibrolit
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September 07, 2018, 02:38:00 PM |
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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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hahay
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September 07, 2018, 05:37:33 PM |
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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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wuvdoll
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September 07, 2018, 05:46:30 PM |
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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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sevenjoy
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September 10, 2018, 10:12:12 AM |
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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.
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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$anounimus$
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September 10, 2018, 12:12:40 PM |
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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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planton96
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September 10, 2018, 01:16:59 PM |
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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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el kaka22
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September 11, 2018, 11:56:28 AM |
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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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reflector
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September 11, 2018, 03:13:08 PM |
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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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watashi007
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September 12, 2018, 02:54:54 PM |
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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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frostmourne0311
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September 12, 2018, 06:01:28 PM |
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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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khaled0111
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September 12, 2018, 06:15:57 PM |
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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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