Want to know why cryptocurrencies are going down?

[DanielCraig_21]

A detailed report of top trending cryptocurrencies. If you are willing to learn then you are in the right place. Bitcoin, Ripple, Ethereum and much more.
https://www.civilblockchain.com/crypto-watch-weekly-2nd-week-of-december/

[OnceTwiceThird]

After hardfork bitcoin cash finish make bitcoin price is drop, maybe why bitcoin is down because hardfork by bitcoin cash and make bitcoin price down, we need many investor and make investment at bitcoin for getting bitcoin at higher price.

[dewildance]

A detailed report of top trending cryptocurrencies. If you are willing to learn then you are in the right place. Bitcoin, Ripple, Ethereum and much more.
https://www.civilblockchain.com/crypto-watch-weekly-2nd-week-of-december/

This picture helps us for seeing big picture easily. Market has not real regulation for now. This is one of the reason of big fluctate. We have to wait patiently now.

[NeuroticFish]

One big point was the adjustments after the 2017 bubble.
Then there's a ton of speculation, since the market is not regulated. The exchanges are not regulated and some may have bots artificially affecting the price up or down.

More and more voices are telling that currently Bitcoin is oversold, which is an unnatural situation.


My personal opinion is also that we face a strange situation. Many voices that did or are preaching even now Bitcoin doomsday were proven to be accumulating Bitcoin behind the curtains. Some have the financial power to keep the price down for longer period than most of us would expect.

[cizatext]

As decentralized and volatile as the cryptocurrency market is it rely on so many factors that determine it market progress and this factors plays a vital role on the market, the demands in the market and the activities in the blockchain system effects the cryptocurrency market such activities as the just concluded hard forks by bitcoin cash.

[demenBTC]

many people think the decline in bitcoin is caused by a BCH hardfock, but it turns out they only scapegoat BCH the cause of everything, many big traders buy cheaply in this situation, I just think this is due to a reduction in buyers for the upcoming Christmas and new year

[allthingsluxury]

Sadly, cryptos were incredibly overbought this time last year. We are experiencing a massive hangover. But still, the day will come when it rises in strength once again.

[Magkirap]

many people think the decline in bitcoin is caused by a BCH hardfock, but it turns out they only scapegoat BCH the cause of everything, many big traders buy cheaply in this situation, I just think this is due to a reduction in buyers for the upcoming Christmas and new year

Even me I think that because of the hard fork of BCH the price of bitcoin is decreasing. But, after the hard fork the price of bitcoin is keep on decreasing and as of now the price is around $3200. Do you think this coming holiday or Christmas the number of buyers will reduce but I think its not it will multiply or will become double.

[johnny508]

I think cryptocurrencies are going down due to the uncertainty that people has regarding bitcoin and other cryptocurrencies and this is mainly because many news and media companies who only show negative things regarding cryptocurrencies and that is the main reason why majority of investors and traders don't believe in there investments these days but I hope this situation will change in the future with with more crypto into business adaptation and increase of usability which might take some time but possible to happen

[biskitop]

After hardfork bitcoin cash finish make bitcoin price is drop, maybe why bitcoin is down because hardfork by bitcoin cash and make bitcoin price down, we need many investor and make investment at bitcoin for getting bitcoin at higher price.

hardfork always impacts on other coins, it is indeed rational. in addition to waiting for investors to start bitcoin investment, etf efforts are still very much awaited whether accepted or not, we just wait for February next year.

[icon73]

More and more voices are telling that currently Bitcoin is oversold, which is an unnatural situation.

Sadly this is a self perpetuating situation.  Miners are forced to sell more and more of their coins as the price goes down, so they can fund their mining operations, so it keeps the price low in situations like this.  When the price is up, miners can hold more of the coins as profit.  Last time it took 3 years for everything to get better.  It's time once again for us to wait.

[mahilchii]

 

Sadly, cryptos were incredibly overbought this time last year. We are experiencing a massive hangover. But still, the day will come when it rises in strength once again.

Yes, the entire forum has experienced a shock from cryptocurrency and A lesson was learn't for sure such crisis in the market was never expected. but yes still there are lot of speculation like the price may go up again. I am eagerly waiting for that.

[Rkss4]

In the meantime the first and foremost question is why bitcoin crashing and dumping?? But really impossible to identify the factors whose reasons bitcoin price is reducing?

[randythered]

A detailed report of top trending cryptocurrencies. If you are willing to learn then you are in the right place. Bitcoin, Ripple, Ethereum and much more.
https://www.civilblockchain.com/crypto-watch-weekly-2nd-week-of-december/

This picture helps us for seeing big picture easily. Market has not real regulation for now. This is one of the reason of big fluctate. We have to wait patiently now.

A lack of regulation isn't anything to do with the market crashing. The problem is all based around economics. Following any big bubble there's always a correction and a search for a new bottom. That's the stage we are in. In order for people to feel safe in investing then they need to be fairly sure the price won't fall below a certain level.

[speeder]

Yes..well i observed that the prices are going down and they don't really want to get up..maybe in the middle of it's something about the manipulating of the market by people who have a lot of BTC and other Altcoins, but who knows?..

[coinwizard_]

People laughed at craig wright when he claimed to be satoshi, his revenge was to destroy bitcoin by creating his own shitcoin variation. This crashed the market and now we are suffering

[PointHope]

We are still very much in the early adoption of Bitcoin.

You can be sure Wall Street insiders are buying up Bitcoin quietly.

We are watching new history being written.

The only way to kill Bitcoin now is to shut off the electricty and the internet.

Bitcoin is not asking for permission from Wall Street or any government.

Bitcoin and blockchain tech is going to force honesty into government and global finance, by simply being a trustless p2p global currency.

Hang on for dear life because government and banksters do not like being held accountable for thier own greed and dishonesty.

Merry Christmas hodlers....

Remember Jesus was a true revolutionary.

They tried to crucify Jesus and failed...

Jesus might be the metaphor for Bitcoin...

Just a wild guess!

[endlasuresh]

By being a senior member here I would say People lost hopes on Crypto currencies due a lot of scams appeared in the last year. I may think people are selling Bitcoin at low price because of no faith.

I am still Hodling some of the crypto currencies and there prices got a huge drop at the moment

[Rohtox]

After hardfork bitcoin cash finish make bitcoin price is drop, maybe why bitcoin is down because hardfork by bitcoin cash and make bitcoin price down, we need many investor and make investment at bitcoin for getting bitcoin at higher price.

hardfork always impacts on other coins, it is indeed rational. in addition to waiting for investors to start bitcoin investment, etf efforts are still very much awaited whether accepted or not, we just wait for February next year.

I hope that it will not be delayed again, because the ETF announcement has been delayed several times. I am very much waiting for the news. If it is accepted, I think bitcoin will definitely pump high again

[cryptorima]

After hardfork bitcoin cash finish make bitcoin price is drop, maybe why bitcoin is down because hardfork by bitcoin cash and make bitcoin price down, we need many investor and make investment at bitcoin for getting bitcoin at higher price.

You are right, many investors need into Bitcoin to increase prices. Because of their investment, bitcoin prices will increase significantly.