What happen?

[gamer4156]

There is the reduction of 25 to 30 Billion Dollar in the market cap due to a lot of selling events. May be it was a big group of traders who performed multiple heavy transactions. I don't think so that a single person would be able to perform such massive bleeding event in the crypto field.

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[batang_bitcoin]

There's hashrate war.

Bitcoin Cash (BCH/USD) Price Analysis: Bitmain Ready To “Sacrifice” Bitcoin Hash for Bitcoin Cash ABC Survival

If this happens very disappointing Bitmain switches course to BCH fork, so the price of Bitcoin falls very deep, but we are sure that without Bitmain the continuity of Bitcoin prices will increase rapidly for years to come.

And you have seen it happened right?

As a result, the market crashed and bitcoin's price fell, they knew it that it would happen. They just have to let CSW feel bad for going against them. This is an intense political crypto war for the both sides and the people are just watching who's going to take the lead.

[Imoote]

what I know before the hardfork on many BCH coins is selling BTC to buy BCH because there are two free coins that will be given to BCH holders, and that greatly affects prices in all markets.

[anatolij.shishkin]

I think the case on the fraudster. Now many ICO projects have ended. And this is a problem. Perhaps scam projects have begun to withdraw money. Awful market situation. And if not then soon they will withdraw money.

[harapan]

speculation has sprung up, I have my own thoughts about this.
I think there are some investors who sell their assets to secure them from losses. large-scale asset sales occurred at this time.
and that triggers a dumper, but obviously there are parties who take advantage of this.
they are playing the market, but I am sure the price will not be below 5000 USD.

[Betwrong]

There's hashrate war.

Bitcoin Cash (BCH/USD) Price Analysis: Bitmain Ready To “Sacrifice” Bitcoin Hash for Bitcoin Cash ABC Survival

This is an interesting article but I'm not sure I can fully understand some points there. Can someone, please, answer the two following questions:

1. Why the price of Bitcoin should be going down if the mining difficulty is dropping due to declining hash rates?  Is it because it will be easier to mine coins and miners will be selling them right away instead of holding?

2. If Bitmain knows that the falling of BTC price is inevitable in response to declining hash rates, why are they risking so much? Yes, they own "more BCH than Satoshi Nakamoto" (over 1 million coins) as the article states, but can't they see that they can lose more from declining of BTC price then they could gain from all their BCH even if they sold it for over $1k/coin? (Keep in mind that Bitmain made $1.1 billion in profit during the first quarter of 2018).

[Cryptoguru274]

What the F! is happening on the market cap? Its falls down and what is the reason? Any link of news If why this market cap falls down? In my opinion some one who hold big supply of BTC dumped. But anyone here can tell me what is the really reason?

I think many people are speculating that what is happening to the crypto market recently might be due to the latest Bitcoin cash fork, however there might be other serious reasons behind the market downtrend.

[frost_wind]

I think the main reason of this market dump is BitcoinCash hashwar. I'm already tired of these manipulations and market dumps, no one could have predicted such price movements, and a lot of people lost their money. Current bitcoin marketcap is lesser than 100 billion dollars and I still can't believe it happened .

[kiwoh123]

bitcoin loses its original goal and now bitcoin is meeting its dead end, the one thing we can wait for is ETFs if ETFs approved bitcoin will bounce back again but if  ETFs rejected I think there will be a big dump more than this so we can only wait praying and be patient .

[ccsang]

My Opinion is the crash is being caused by disagreements over a “hard fork” in Bitcoin Cash, the world’s fourth most valuable cryptocurrency, into Bitcoin ABC and Bitcoin SV, but I think current crash is just in short time and I'm pretty sure market will recover soon

[Reid]

What the F! is happening on the market cap? Its falls down and what is the reason? Any link of news If why this market cap falls down? In my opinion some one who hold big supply of BTC dumped. But anyone here can tell me what is the really reason?

IMHO, I do think it is a preparation.
A lot of bitcoin holders are expecting a pump this coming December and if a whale could see that then selling will be a good decision for now and then a buyback if it goes his way.

For me it is a good opportunity. It is near the range that I want to buy again.
Altcoins will be dragged into it. No doubt about that.

[jrrsparkles]

I guess I am so lucky that I sold my BTC and turned it to USDT while Bitcoin is still at 6500usd. I wish some prediction will happened. I want to see Bitcoin at 3k.
Everybody calm down and don't be so selfish. This is our second chance to ride BTC.

What the F! is happening on the market cap? Its falls down and what is the reason? Any link of news If why this market cap falls down? In my opinion some one who hold big supply of BTC dumped. But anyone here can tell me what is the really reason?

You are lucky but I guess you are a short term investor or trader that is why you need to keep analysing the market too often and need to save our funds to save the capital but for long term investors they still can hold and the current price fall is not huge and I don't think that the price will go for $3000 range.

[Red-Apple]

that is what happens with fake numbers which are more like bubbles than real value. and market cap has been the biggest bubbliest number in cryptocurrency scene of all times. when a small price drop occurs the total market cap drops A LOT.
and it is not even a complicated math either. it is a very simple multiplication equiasion. there is about a couple of trillion coins in circulation so a small price drop multiplied by that loses a huge chunk of the total market cap. the same way a small rise increased it into a fake number.

[kidbounty]

according to the information I heard was because of the bitcoin cash hard fork. there are two camps that are having a hash war. so we only need to wait until the impact of the HF bitcoin cash disappears maybe the market will recover

[Dobby070]

What the F! is happening on the market cap? Its falls down and what is the reason? Any link of news If why this market cap falls down? In my opinion some one who hold big supply of BTC dumped. But anyone here can tell me what is the really reason?

I think there is a lack of hashes going on because of the hardforking event that happened on november 15 about two new coins for the bitcoin cash. Bitcoin cash well, is forked in the bitcoin original. That I think it is the reason why.

[Coinmyjob]

What the F! is happening on the market cap? Its falls down and what is the reason? Any link of news If why this market cap falls down? In my opinion some one who hold big supply of BTC dumped. But anyone here can tell me what is the really reason?

This was evident after such a significant increase, and whales are not to blame. If they wanted, they could throw it all off right away, now all investors are affected by all the prices themselves and of course the creation of new forks.

[ven7net]

I believe that the market is dominated by the manipulation of major players. If it were a real fall, it would go on every day, and not in stages as we see it now. If we consider the recent fall, it is strange why it happened on the day of the hardfork Bitcoin Cash. Everything that we are trying to calculate is reduced to nothing. That is, everything is done the opposite of expectations. In addition, it is possible that a space is now being prepared for the entry of even more capital, for this it is necessary to lower the market in order to purchase at the best price.

[bastian466]

No concrete reasons why the market suddenly experience a sharp drop. If there's no certain reason, this might point out to the bitcoin whalea that somehow can manipulate the prices of bitcoin. Now, when bitcoin falls, and.so with the other altcoins. Take this opportunity to buy your cryptocurrency coins while they are low in prices.

Most people say like that, I have already made purchases in the past few months now the price has dropped again my money has run out there is nothing to buy to see the market like this keep making worries

[zero714309]

There's hashrate war.

Bitcoin Cash (BCH/USD) Price Analysis: Bitmain Ready To “Sacrifice” Bitcoin Hash for Bitcoin Cash ABC Survival

This war is really already too prolonged. 2018 being the dark year. All the prices are falling  down very far from ath last year and a lot of ico that failed. This makes me very difficult because I am not a pro trader who can any time earn money. And finally the fight they make bch destroyed. Get well soon crypto.

[catsmile]

I also do not know why the market is so. There are so many reasons for us to really claim which of them. But it really made me nervous.