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Author Topic: Main reason behind crypto currencies red market in 2018  (Read 761 times)
khaled0111
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September 12, 2018, 06:15:57 PM
 #81

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
 #82

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
 #83

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
 #84

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
 #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 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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September 15, 2018, 12:37:24 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.
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
 #87

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
 #88

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
 #89

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
 #90

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
 #91

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
 #92

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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