BTC 4000$ and ETH 100$ Now, what happened in crypto market?

[cabron]

The fight between two big groups who've once been supporters of BTC - Roger Ver and Craig Wright (and his underground partner Calvin Ayre) about what to mine and which one to support (Craig came with BSV Bitcoin Satoshi's Vision concept whereas Roger had been supporting his very founded coin BCHSV). Craig warned publicly through media that if his coin doesn't get sufficient hashrate, he'll then need to buy more power for which he won't hesitate to drop BTC down even under $1000 and the sudden move of BTC from 6200 straight down to 5700 in a matter of hours shook the whole market due to which investors lost their confidence in crypto sphere and we're seeing the most awaited bloodbath in the history of crypto that swiped away more than 40 bn in just one day.

Unfortunately, the founders of the crypto show this low awareness
It was my opinion that crypto would suffer both of these fools and lose investor confidence
I belong to the end of these blood baths soon.

Doesn't this prove how centralize BTC and BCH are that miners can destroy the entire product and its community?

What Roger Ver is doing is making this crypto toxic while he kept shouting in interviews about him promoting anything that will bring economic freedom. IT looks like these guys are the ones destroying it.  Will he once again fork his coin soon after this fork just so he can dump again?

[Renal]

with bitcoin prices falling now that most people panic with the market where all sell bitcoins they have if you follow my advice that this will soon pass it is better we save the bitcoin we have as our assets in the future because bitcoin will not go too far.

[larrylegend33]

It is only natural to the market and it happened already many times. There are few reasons why this is happening but for me there is a big possibility that big whales are dumping their share in order to lower the price and buy it back again to make a good amount of profit.

So if you are a wise trader, you should also make this crisis into opportunity to buy more and store it in your wallet for months or even years until you will be satisfied with the price to sell.

I felt happy after i read your comment, because i would like to think in that way too badly! Yes there was many crisis like this one before and i have seen that.. But i think this time it is bit of different.. Everyone talks about the bitcoin price falling to 1k and then the bulls market would start.. I really can't decide what to do now.

[jointherevolution]

Simply put, in all markets what goes up will go down. If it is not a dead market this will continue an Bitcoin will be up again with te alts maybe next year.

[Gheka]

The main cause is the battle between Bitcoin Cash SV and Bitcoin Cash ABC because they are also the Bitcoin supporters. But, some people said that there are some whale who manipulated this situation to get cheap bitcoin before the pumped it and get profit from it. That's what I think.

I am also very suspicious that whales and big investors are wanting to completely control this market, they want to buy bitcoin at a super low price and then make a giant pump, and from what is happening in the present moment, they have really succeeded in their plans. However, I also have another concern, the worry is that the whales are wanting to stop this game, they are looking for the final profit from investors, they will push down the price of the market to a very low level and there is no recovery, this is the situation that I fear most

[Seeker#9]

The bitcoin and ethereum are now cheaper than the previous weeks and it may be time to add more bitcoins in our wallet. There are some considered reasons why the market is still bearish, the price of the bitcoin dropped sharply because of the recent bitcoincash fork. It think some groups are also manipulating the price of bitcoin to go down more then start buying again. This latest bitcoin price drop also dragged many altcoins price to go down also except for ripple.

[giantrobot]

This is really a surprise. I do not believe that with just a few days Bitcoin has dropped its price. I think Bitcoin will go up or down, but not at $ 6000 forever, but I do not think it's going too fast.
I think now is not the right time to buy, its price is now hard to guess.

[bitgov]

Do not forget that Bitcoin cost only few cents a few years ago. I'm not saying that a drop to $1 is possible, but it will not be a surprise for me when we see the level of $1000 in this year. I hope it will not happen, but here everything is possible ... well, almost everything ...

Of course this drops can not be forever. Im sure that 2019 will be the year of grow.

[stillontop]

In my opinion bottom has not been reached yet, I see 3500, 2500 and 1500 as realistic short term stops for BTC.
This hell of volatility will only be a thing of the past, if legal concerns are wiped out on a global scale and proof-of-work has to be left behind as well.

[maxamus]

In my opinion bottom has not been reached yet, I see 3500, 2500 and 1500 as realistic short term stops for BTC.
This hell of volatility will only be a thing of the past, if legal concerns are wiped out on a global scale and proof-of-work has to be left behind as well.

In every market/Trading there will be ups and downs. Especially for BTC the investors or some groups manipulating the price to go down and buy lot of coins in lower price then increase the demand of coins and earns huge profit is what they are planning. The price of the bitcoin dropped sharply because of the recent bitcoin cash fork. Hoping for the best to come in upcoming days.

[Slow death]

Recently We have seen that most of the currency in the market is down. Many traders are concerned about this.

this has become news on all news channels and the comments are not encouraging, on the contrary they just pass more fear

Statistics show that after the fall of Bitcoin, the other currencies have the effect.

Of course, most altcoins are traded against bitcoin

Bitcoin and Ethereum prices have been down for a few months.

the prices are falling since January, it's been a long time

Currently its price is 4000 and $ 100 respectively.

bitcoin fell to $4250

ETH fell to $132

I did not see the price of the bitcoin fall to  $4000 and also I did not see the price of ETH fall to  $100.

Some people are making predictions that the price of bitcoin will fall below $ 4000 and that the price of ETH will fall to $ 100 because a lot of ICOs have been a failure and their Dev's are selling to cover operating costs

Do you know the main reason, why the crypto price falls?

lack of demand and lack of good news, but fortunately we have this:

Switzerland’s SIX To Launch Exchange-Traded Product (ETPs) As Alternative To Exchange-Traded Funds


NYSE Operator’s Bakkt Confirms End of January Launch Date For Digital Assets Platform

the future could be very good

[arpon11]

The Chinese traders are dumping bitcoin and others cryptocurrencies hard and that is why the market is currently in red.  Since yesterday till now cryptocurrencies market has lost over $40 billion and this should be a cause for concern for some of us that love Cryptocoins.  I think the current fall in price was not expected and many people were speculating that the next price directions after the breakouts is going to be a bullish trend only for us to began seeing this huge dumped. 

[allohm]

The Chinese traders are dumping bitcoin and others cryptocurrencies hard and that is why the market is currently in red.  Since yesterday till now cryptocurrencies market has lost over $40 billion and this should be a cause for concern for some of us that love Cryptocoins.  I think the current fall in price was not expected and many people were speculating that the next price directions after the breakouts is going to be a bullish trend only for us to began seeing this huge dumped. 

agreed. this fall was mostly unexpected or perhaps of a smaller intensity. However observe around you...it is not only crypto falling. Look at stocks as well. it seems like a controlled "de-bubbling" going on. Possibly crypto is the canary in the mine that goes down first. There seems to be a global withdrawal of liquidity from risky assets. Why? The million dollar question...some black swan event coming?

[bintangkejoraku]

I don't know for sure what really happened, this is the right time to not think about bitcoin for a while. I will close my laptop and go on vacation with family to get rid of this from memory.

[xuan87]

That is what I afraid, once the investors see the price and the market it will create fear and can cause panic sell, and once the panic sell trigger then the price will start to drop even more, it could be a dangerous situation, and we will have difficulty to convince people to invest

[hawkins]

if you ask what will happen to the market, of course the altcoin price will start to decline because it is affected by the prices of the decline of the two coins. so far, I have only seen the price of XRP that has survived.

[Stedsm]

Meh, I don't think anyone seriously think CSW has access to any quantity of bitcoins (beyond the few that he has mined).

Whatever he did, he presented everything in such a manner that all his sub-whales dived in the well at his one single order (or maybe, a few big bears grabbed advantage of the opportunity and did what they wanted - gave a shot to bulls who went so weak after such statement of dump publicly arrived).

I do think the Bcash and BSVision (ha, love that the Bcash people used this tactic) dumpster fire had some impact (public perception, people perhaps seeing Bitcoin and crypto generally as being vulnerable to forks, people believing nonsense about CSW wanting to destroy the price of Bitcoin, etc).

It wasn't really the belief in utter nonsense of CSV but the fear of Roger Ver shifting all the mining power of BTC.com from mining BTC to BCHABC.  

There's also the DoJ investigation into market manipulation (Tether related) and, of course, the crumbling of the ICO market (quite possibly encouraging founders to sell the last bits of their ICO proceeds and reducing demand for bitcoins and Ether from people who might otherwise have been encouraged to buy into ICOs).

Throw in FUD media pieces to add an air of inevitability to it all.

It will pass.

Comparison of big fat BTC wallets with these ICO guys is literally worth nothing as they can all even can't make it down to 20 bn and what we saw was a freefall with all those big wallet holders selling off a big % to swipe off their BTC of markets through fiat.

[South Park]

We know that most cryptos exchanged by Bitcoin and Ethereum. Bitcoin is also called King of the Crypto Bazar. Recently We have seen that most of the currency in the market is down. Many traders are concerned about this. Statistics show that after the fall of Bitcoin, the other currencies have the effect. Bitcoin and Ethereum prices have been down for a few months. Currently its price is 4000 and $ 100 respectively. Thus, if the price falls, the investors will be leave from the mid-market. And it could be a big loss for Bitcoin and the crypto industry.

Do you know the main reason, why the crypto price falls?

The price had to go down, as you know the market of cryptocurrencies has not been very profitable for the last months so it is likely that many investors thought that it could be a good idea to get rid of their coins and invest in something else, and those that have a long term vision about what they want to achieve in cryptocurrencies a very happy about this because they get to buy coins with a huge discount.

[bitcoin31]

I hope thay is only temporary because we need to see again value of the bitcoin and ethereum to become more 5000dollars for the bitcoin and for the ethereum is for thousands of dollars. Don't waste time buy more and you will be happy if vape of that two coin up.

[Bounty Don]

I hope thay is only temporary because we need to see again value of the bitcoin and ethereum to become more 5000dollars for the bitcoin and for the ethereum is for thousands of dollars. Don't waste time buy more and you will be happy if vape of that two coin up.

I agree with your opinion. We also hope that, The market price will again pump. In this time Bitcoin & Ethereum price is very low so we should buy much crypto for future trade, and hold.