Why bitcoin and ethereum meltdown ?

[qilaru]

Hello, bitcoin talk users

i am fresher from this stream, i don't understand "why bitcoin and ethereum meltdown"? any one please tell me what is the main resin why daily btc price going down, i have invest in BTC & ETH...... any one please tell me what is the resin, its market fluctuation or  any one control these things......    

[AdolfinWolf]

Hello, bitcoin talk users

i am fresher from this stream, i don't understand "why bitcoin and ethereum meltdown"? any one please tell me what is the main resin why daily btc price going down, i have invest in BTC & ETH...... any one please tell me what is the resin, its market fluctuation or  any one control these things......    

There are more people becoming less interested in the coins than that there are people becoming interested in them. (Capital-wise obv, but there are also way less transactions these last couple of months.)

Now why exactly people are becoming less interested in bitcoin can be for numerous reasons -

- It's dropping in price (self-fulfilling prophecy),
- they no longer feel the FOMO and decide to cash out etc..
- they no longer believe in the idea behind BTC.

[qilaru]

Hello, bitcoin talk users

i am fresher from this stream, i don't understand "why bitcoin and ethereum meltdown"? any one please tell me what is the main resin why daily btc price going down, i have invest in BTC & ETH...... any one please tell me what is the resin, its market fluctuation or  any one control these things......    

There are more people becoming less interested in the coins than that there are people becoming interested in them. (Capital-wise obv, but there are also way less transactions these last couple of months.)

Now why exactly people are becoming less interested in bitcoin can be for numerous reasons -

- It's dropping in price (self-fulfilling prophecy),
- they no longer feel the FOMO and decide to cash out etc..
- they no longer believe in the idea behind BTC.

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ok, It Means the future of bitcoin is in danger?

[mk4]

Hello, bitcoin talk users

i am fresher from this stream, i don't understand "why bitcoin and ethereum meltdown"? any one please tell me what is the main resin why daily btc price going down, i have invest in BTC & ETH...... any one please tell me what is the resin, its market fluctuation or  any one control these things......    

There are more people becoming less interested in the coins than that there are people becoming interested in them. (Capital-wise obv, but there are also way less transactions these last couple of months.)

Now why exactly people are becoming less interested in bitcoin can be for numerous reasons -

- It's dropping in price (self-fulfilling prophecy),
- they no longer feel the FOMO and decide to cash out etc..
- they no longer believe in the idea behind BTC.

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ok, It Means the future of bitcoin is in danger?

It depends what you're referring to that's in danger. If you're referring to bitcoin itself, then nah. Bitcoin ain't going anywhere. Bitcoin will be up and running whatever the price is(yes, even $1). If you're referring to the price that's in danger though, it's debatable in a trading perspective. It can continue to go down short term. It may also go up in price soon. No one knows. If you believe in the technology then why should you be worried? Unless you're here because you think bitcoin is a get-rich-quick scheme.

[harizen]

Hello, bitcoin talk users

i am fresher from this stream, i don't understand "why bitcoin and ethereum meltdown"? any one please tell me what is the main resin why daily btc price going down, i have invest in BTC & ETH...... any one please tell me what is the resin, its market fluctuation or  any one control these things......    

Bitcoin price is not decreasing daily. Take a look at the chart or whatever monitoring you have there.

Another person again who just put money on crypto without understanding even the basic. Looks like expecting an overnight profit with cryptos.

First of all, there are lots of factors to be considered why cryptos are volatile. This will take a long discussion so I guess you can refer for your favorite search engine on what are those then come back here to asked on what things you might be confused.

ok, It Means the future of bitcoin is in danger?

Yes very danger. 

You must understand the risks.

[StellaMakk]

Now many people perceive crypto-currencies as a means of treiding and made profit. But now market sey ass what we are mistaken...
Coins use misuse and now we have meltdown.
Although still possible whales want to purchase and are waiting for a good price.
This will postpone the development of crypto-currencies for another crisis next time)

[unorowest]

The meltdown is due to multiple reasons, for example, several governments have planned and are still planning to regulate bcryptocurrency, this creates fear and so investors become scared to invest hugely in cryptocurrency, this results in less demand and subsequently, a fall in price.

[Velkro]

the main resin why daily btc price going down, i have invest in BTC & ETH..

Yes, people hyped as usual, wanted quick buck, some earned some not, hype went down, people leaving selling at loss.
Until next hype, when you see media coverage's about bitcoin price, it will be indication to sell soon.

[r1s2g3]

Hello, bitcoin talk users

i am fresher from this stream, i don't understand "why bitcoin and ethereum meltdown"? any one please tell me what is the main resin why daily btc price going down, i have invest in BTC & ETH...... any one please tell me what is the resin, its market fluctuation or  any one control these things......    

Might be our mentality of just holding it and just speculating that it will increase in price. Might be we experiencing a bubble just like Real State Bubble. Might we have got lot of uneducated investor who invested just in speculation without knowing in what they are investing and raising the price for the duration. Might be community at large become more interested in speculation game instead of building some service around it or contributing in some ideas or adding some value to the product .

Pick any one of the reason from above . People are really stupid in my eyes that are just holding without knowing exactly what they are holding.
Let, first get educate ourselves about cryptocurrencies before speculating the price

[liemfrans]

Hello, bitcoin talk users

i am fresher from this stream, i don't understand "why bitcoin and ethereum meltdown"? any one please tell me what is the main resin why daily btc price going down, i have invest in BTC & ETH...... any one please tell me what is the resin, its market fluctuation or  any one control these things......    

The market in cryptocurrency is very volatile, don't be surprised if you arrive suddenly in one week the price can drop dramatically, but don't be surprised also if in one day it can rise dramatically.

Investing in cryptocurrency is not suitable for short-term investments, but tends to long-term investments.
In 2014 bitcoin prices from $ 1,100 have dropped to $ 250 and after that it took 3 years to return to $ 1,100 in 2017, and all we know that year bitcoin could reach the highest number of $ 18,000, a fantastic number, maybe for short-term investors at that time there will be a lot of losses, but for long-term investors, it is very profitable for them.

[jseverson]

First, let me offer some perspective: this time last year, Bitcoin's price was at around ~$4k. We've basically experienced more than a 150% growth in a year, which is incredible by any non-bubble/mania standards.

Crypto growth is stalling, and that may be due to the fact that pretty much everyone has heard of it and that everyone who was interested in "investing" have already done so. That can't be helped, and I don't think manipulation is a huge factor for the current predicament. I don't think there will be explosive growths in the market anymore unless the market is revitalized by some renewed interest (ETF approvals, really good news etc.) or by true utility-based adoption. All-in-all, that means this bear market may last a while. That could also mean that this is the perfect time to buy.

That being said, Bitcoin is doing very well if you consider the overall state of the market where everything else is bleeding.

[pooya87]

what bitcoin and ethereum meltdown is it that you are talking about?!!
bitcoin price has been stable and between $6k and $7k for a very long time now meanwhile ethereum is constantly going down and each month is loses another $100 of its value. it is down to $200 this month while last month it was $300 and $400 the month before and so on. that is called meltdown and the reason is simply because ETH is no different than any other pump and dump altcoin, it is now getting out of its pumped bubble by getting dumped down.

[Dessy Nurvianti]

Yeah, not forever the price bitcoin and ethereum always in top. Many people left bitcoin and ethereum because the price is going down and they not want to lost their money. But some people hope the price bitcoin and ethereum can be stable again.

[rnssol]

Hello, bitcoin talk users

i am fresher from this stream, i don't understand "why bitcoin and ethereum meltdown"? any one please tell me what is the main resin why daily btc price going down, i have invest in BTC & ETH...... any one please tell me what is the resin, its market fluctuation or  any one control these things......    

The reason for the sudden price crash is not immediately obvious, though some analysts have said panic selling could contribute to bitcoin's fall in value.

[discovercrypto]

One reason that is right in my opinion is the sale of large-scale. Probably at the time of the decline earlier this year everyone sold all the coins for fear of the risk. More precisely, people worry that the value of the coin will decrease.

[Athero]

Hello, bitcoin talk users

i am fresher from this stream, i don't understand "why bitcoin and ethereum meltdown"? any one please tell me what is the main resin why daily btc price going down, i have invest in BTC & ETH...... any one please tell me what is the resin, its market fluctuation or  any one control these things......    

You just entered the bear market.
Markets must first find the real value. Once they will. Price will go up again.
Patience is the key factor in crypto.

[trahaubab]

What now? Many people just can`t hold enough time and sell with loss.
Also, noone knows why the market green or red, this is a big complicated world and we don`t see the full picture of it

[Ciscopro2000]

Crypto is a volatile world.  Be prepared to ride the wave both up and down. 

[gorkem]

My opinion, this is due to the fact that many projects are sold their funds leaving the market (scam), as well as artificial manipulation

[Velkro]

My opinion, this is due to the fact that many projects are sold their funds leaving the market (scam), as well as artificial manipulation

Remember that there is important factor called people interest. People getting interested (buy) and stopping beign interested (sell).
For that reason when big news media coverage starts price rising.