Want to know why cryptocurrencies are going down?

[jemarie20]

Dont worried on what are happening now, in the price of cryptocurrency because I`m sure that every things will be okay after some more months and days so, we need to wait and hold until the price back and multiply so in that way we can earn more.

For me is not a big deal to know what is the reason why the perice is falling because is normal things happen here in the crypto world but for me its better to keep calm and wait when the price back.

[MrPeriklis]

The price of such crypto assets in correlation to the actual real world value they bring is quite off. When price and value start aligning themselves, that's when the winter will stop.

[TBboys]

Bitcoin doesn't crash, of course, you can also think that it is on the verge of collapse. Everyone has a different definition of crash. If you bought Bitcoin in 2013, now you can think that the distance is still far away, but if you bought Bitcoin at the end of 2017, then you might think Bitcoin has collapsed.
In fact, the collapse does not depend solely on price. It depends on market circulation, practical use, future potential, etc. Bitcoin still has great potential in the future，why do you think it has collapsed?

[Blocktopian88]

Performance at the end of this year is like what happened in 2013, price crashed after an exaggerated high point. I prefer this is a spontaneous callback in market.

[nicko122]

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/

"Critics of the Crypto community are laughing but who will get the last laugh is the serious question." - will see who will be the last to laugh

[KKH84]

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

Apart from fraud against ico on some projects, I think there is still a lot of negative news that makes the price of bitcoin fall, maybe one of the news is the delay in ETFs and I praise you for still holding your assets up to now.

[izanagi narukami]

All crypto are compete on each other so bitcoin will compete with other altcoin , it's inevitable.
Every code is open source so they can modify the code on something new based on their need or people need in the future.
But one thing for sure, as long as you believe on 1 coin, just keep hold it because if you hold, it will help a lot !

[otong]

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

Apart from fraud against ico on some projects, I think there is still a lot of negative news that makes the price of bitcoin fall, maybe one of the news is the delay in ETFs and I praise you for still holding your assets up to now.

because the content is not good and does not support and I think besides it does not care about the crypto world today many bitcoin users are selfish and don't think about the market and many people want to win and get big results but don't care about the crypto world

[Al-e_x]

yes, all the crypto you mention are crypto that is very good and has a good future, they will compete in the future to gain public trust and high popularity.

and all the coins that you mentioned can be chosen as an investment place or to trade. You have to see waves too because waves make up volatility today.

[mwaqar17]

I don't think so that this type of websites are useful for getting information about BTC or any other crypto currency. It depend on the worth of website or forum from which you are getting information. It is not very difficult to buy a domain or hosting. Internet market is full of scammers, they use to buy domain and hosting and they drive traffic form social medias and paid visits as well.

[CristianDan]

this is a great sharing. thank you

[Sunyoto]

I cannot predict crypto prices tend to decline until now, although there are still large price fluctuations in some potential coins. we have to be smart to take advantage of the low prices to buy and then sell when it starts expensive and this I do by utilizing the news on every coin.

[Periodik]

Another link. Zzzzz! Could you please summarize it or take the gist and post it here the next time around?

There are so many reasons why cryptocurrencies are going down. You cannot simply consider only one or two or even three factors that caused all these massive dumps. There were so many reasons along the way. Let me mention some factors:

1. A strong correction after the All Time High days in late 2017 until early 2018
2. Cryptos are said to be overbought
3. FUDs
4. Strict crypto regulations or even restrictions in several countries
5. Massive dumps by huge investors and failed institutions such as Mt. Gox
6. Suspensions of ETF
7. Weak hands carried away by the initial strong dip
8. Bankruptcy of huge miners
9. BCH hard fork
10. and so many other factors...

[asus09]

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/

what you are linking to is an analysis that is not necessarily accurate, but may be another reference for analysis. and what happened in the fall of the market, this year has a long story
I think you can try to learn it especially if you are doing a short trade.