Main reason behind crypto currencies red market in 2018

[amadeuao]

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

[Ridwan Fauzi]

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.

[Treasurer]

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.

[Slow death]

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.

[nniecan001]

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.

[gtglener]

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.

[Rembedful]

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.

[guoyu78]

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.

[Best Dreams]

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.

[jakeramos]

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

[Nila soru]

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.

[welchmgra]

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.

[frostmourne0311]

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.

[doanlang]

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.

[el kaka22]

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.

[Manuel05]

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.

[@Mhaiang]

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.

[Ericgreen]

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.

[beerlover]

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.

[Hannahanto]

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.