Topic: Crypto fell into wrong hands in December 2017 (Read 872 times)
The real crypto enthusiasts are aware that crypto is a volatile asset and its price keeps going up and down so they would never complain when the price goes down since they are very optimistic that the price will rise up again.
How can they do panic selling if they have all left crypto as you say. It is true that many investors arrived end of
2017 to the space uneducated about crypto. They got a hard education during the bearish market in 2018.
Many of them left as they were not prepared waiting for years to have there funds increasing.
2017 to the space uneducated about crypto. They got a hard education during the bearish market in 2018.
Many of them left as they were not prepared waiting for years to have there funds increasing.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
I do not think it was wrong hands, in December 2017 there were a lot of ponzu schemes that used bitcoin , a lot of bitconnect and it’s likes, that pushed the demand for bitcoin, increased its hype massively and cause an rapid rise in value
In December 2017 crypto currency did not fall into the wrong hands
It took advantages of the massive hype around its growth and that caused a lot of demands for bitcoin which pushed the price
It took advantages of the massive hype around its growth and that caused a lot of demands for bitcoin which pushed the price
I think this game started long before 2017. In fact, we are all hamsters who collect scraps for the big players. I think I should work with what we have!
I don't want to agree that they don't know anything about crypto,they must have been enlighten before deciding to invest their money it,though some if them might have left.
In 2017, when cryptocurrency was growing, new groups of participants came, which did not really understand it, but wanted to receive income. Now we have witnessed that the market is in decline, and they are gradually leaving it. Prospects for the blockchain are great, waiting for the desired profitable time.
The booming price of crypto in December 2017 helped make Cryptocurrencies more mainstream and you all have to admit that it made crypto reach more people even though there was some side effects.
At least they are the ones who share the news and developed the crypto community with this huge amount of people, people rush into crypto in 2018 hopping for a brighter year like 2017 but all went wrong, but most of them are the ones who lost because they never thought of the price going down to where it is now. But at least they spread the news
But most of the people who entered in December 2017 didn't made any profits because the all time high price of bitcoin was at that situation so they made lose or heavy losses.but there are some people who entered early without knowing any knowledge about the potential of blockchain also made huge profits just like tho.
In 2017 people want to know what the crypto world is and they start investing because they know that bitcoin is on the rise at that time and after passing it slowly begins to leave it with a market that continues to fall and until now there are still doubts about cryptocurrency.
In pursuit of relatively easy profit, many are not inclined to constructive analysis of the market. Therefore, as a result of growth, we see an impressive influx of new participants into the cryptocurrency market. And later we observe the inertia of their outflow due to unfulfilled hopes for a downward trend of the market.
I'm done saying that the 'real' enthusiasts are left to the market now. It's a free market and everyone is free to join and stop with his/her investments on crypto's. But there's a reality that most of the investors who rode the all time high by that time aren't really for the technology, it's a fact and most of those ICOs which people believed going to bring profits to their money was now done and gone. It's hard for such ICO to come up to the market at these days.
Yes exactly, FOMO is the major reason why a lot of people joined cryptocurrency and purchased different coins or tokens last year December. They heard of this magic Internet money that keeps growing and wanted a piece of the pie.
Cryptocurrency market begun 2018 with the price correction and a lot of this people started to cut their losses and get back their Fiat.
Cryptocurrency market begun 2018 with the price correction and a lot of this people started to cut their losses and get back their Fiat.
2017 is good for me why its not good for you because the price of bitcoin get pump up for a huge amount of price until we meet 2018 all altcoins get dump and also affected for those new coins that release at every ico.
The market appears commencing to have positive trends. I will say that on the subsequent we have a tendency toek we could have a far better worth improvement on several crypto coins. So, it'll be onerous to you if you're looking ahead to the decline once more. the costs of bitcoin and ethereum are rising o.k.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
I think that not all weak hands left the market. Many people are at the limit. I am sure that the potential for panic sales is still very high. The fewer the players, the easier it is to manage the market. Prices will continue to fall soon. This year, nothing good will happen.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
This might be right to some extent but it is not categorically true because no enough proof to show that this person or that person was involved in such situation during December 2017. I think FOMO might also be the reason but as it is the Market sentiments comes into play and we have found ourselves were we are today so let's hope for the Best to come.
That kind of hype is common in any kind of thing, when ever something is rising, then many eyes will look for it and they are racing to join, hoping that they will also get the hype, and mostly that will end up making the condition worse.
I just cannot say anything. It probably true that in that time, so many people followed the hype because of the big price of the crypto and the profits that were very booming. However, it doesn't mean that it goes wrong, it may be running in the cycle and we must wait the next cycle again to increase.
In 2018, crypto market was very down. Everybody was so afraid and panic because the market kept collapsing. However in this new year, there is a hope. A hope where the price of crypto world is keep recovering. We can manage and control how the crypto will not fall into wrong as in last December.
I don't agree that crypto fell into the wrong hands because you and I know that in the first place that they are staying here because of the lucrative profits. They see the huge opportunity to make money and that's why they join in and then when they see that the party is over, they also leave like they lost all their interest in it.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
Can say that people are staying with this market are really people who love cryptocurreny and blockchian technology and really understand them. Maybe they have also lost so much year ago but their belief doesn't still change
But those who remained received a good experience. It is not necessary to say who is real and who is not a real crypto enthusiast. Almost all of us came here for profit and any of us would be interested in this direction when we learned about how much people were able to get by investing in crypto.
2017 is really a boom year of the electronic money market, I can hear people talking about electronic money everywhere. That's why many people tried to enter the market without any knowledge. And then they sell in panic and create a market downturn.
It's not okay to call the investors at the end of 2017, some unknown crypto market or speculators. I think it's natural that they did. Everybody is investing in the crypto market to make a profit, otherwise it would not be called an investment, it would be called a donation. These speculators inflate the crypto market most. They practically descend and they climb the prices as they please. These big investors are also known as crypto "whales".
Large investors, Whales, politicians or bankers, they are responsible for the fact that the market is falling or growing excessively. I do not shift the blame, but they fanned the flames and cryptocurrencies grew, but after that, they also extinguished it.
It's not okay to call the investors at the end of 2017, some unknown crypto market or speculators. I think it's natural that they did. Everybody is investing in the crypto market to make a profit, otherwise it would not be called an investment, it would be called a donation. These speculators inflate the crypto market most. They practically descend and they climb the prices as they please. These big investors are also known as crypto "whales".
The market was flooded with investors who happened to be here by accident and 2018 forced them to leave. Now if you still hold your coins, then you should believe in cryptocurrency and know about its prospects. I believe that people who will hold their coins for a long time will be rewarded when cryptocurrencies gain huge popularity and their capitalization approaches a trillion dollars.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
Maybe it was one of the reasons why the price of bitcoin and altcoin experienced a very significant increase that year, at least it made many people familiar with cryptocurrency. You can see the other side of the incident, when many people know cryptocurrency even though those who invest get a loss but this can make them come back easily when in the next few years cryptocurrency is well received by each country. Honestly, giving someone an understanding of cryptocurrency so that he wants to buy and invest in it is very difficult, need strong evidence so that they believe that cryptocurrency has a value. Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
Do you spend a lot of money to invest in something you do not know? Investors who are not familiar with the crypto market will not do so. So leaving the market for those investors is only a small part of the bear market.
I have been saying 2017 was a fluke all year long. People mistake the highs and the lows too many times. We did had a 20 thousand dollar high in 2017 but look at what the low is for 2017 as well, it was if I am not wrong something like 700 dollars or so. Look at 2018, we didn't have a high like 2017 that's true but our lowest has been 3200, about 5 times higher than the 2017 low which tells you yes people are not willing to buy for 20 thousand dollars but people are not willing to sell for 700 anymore as well, you have to see the best in every scenario you are dealt with.
Hence, I think people who run away because it is not 20+ thousand dollars or people who try to drop the price and make money from shorts and all the things in between that causes the price to go down are wrong. We are in the BEST year of bitcoin right now.
Hence, I think people who run away because it is not 20+ thousand dollars or people who try to drop the price and make money from shorts and all the things in between that causes the price to go down are wrong. We are in the BEST year of bitcoin right now.
in my opinion there is nothing to blame, if you experience a loss that is the risk you take when you enter the crypto world.
we don't know what happens in the future but we can take the best lessons for what happened in 2017.
agree with you, what was achieved in 2017 is the beginning of the growth of crypto value for the following year. I still believe that Crypto has a bright future, the fact is that until now more and more people have joined the crypto world. not only wants to gain profit but learn how we make a profit. we don't know what happens in the future but we can take the best lessons for what happened in 2017.
Indeed, many are greedy and enter when crypto is at its peak, but when experiencing a loss they feel disappointed and leave it. This is what happens to crypto when it explodes. They do not have a strategy to manage it and what they think is only profit. This is sometimes stupid thinking that is present and very unfortunate.
in my opinion there is nothing to blame, if you experience a loss that is the risk you take when you enter the crypto world.
we don't know what happens in the future but we can take the best lessons for what happened in 2017.
we don't know what happens in the future but we can take the best lessons for what happened in 2017.
I think most traders enter the cryptocurrency market for speculation, not investment. They don't understand cryptocurrencies. The trading strategies of these investors are very susceptible.
This is a very wrong view. I have never seen such an ignorant point of view. In fact, investors who purchase cryptocurrency at this time are the investors with the most investment. The ups and downs of the cryptocurrency market are normal phenomena, and no one can escape the cyclicality of the economy.
While I agree that we got a lot of bad "investors" last year, I don't really think they are panic selling.
Instead, they are the ones whining about how much money they lost and dreaming of the next bull run.
These people are literally hodling on to dear life.
But, the negative effect on the market is similar.
With so many people just hodling and not buying up or selling, trading volume has been seriously low.
This has forced speculation to drop lower and lower.
Now btc at $3800 is the new norm.
In these circumstances we can only rely on new institutional money to come in and save the market.
But with the stock market crashing, that too seems unlikely.
Instead, they are the ones whining about how much money they lost and dreaming of the next bull run.
These people are literally hodling on to dear life.
But, the negative effect on the market is similar.
With so many people just hodling and not buying up or selling, trading volume has been seriously low.
This has forced speculation to drop lower and lower.
Now btc at $3800 is the new norm.
In these circumstances we can only rely on new institutional money to come in and save the market.
But with the stock market crashing, that too seems unlikely.
It is true that many investors arrived to the market during the last year`s hype uneducated about crypto.
Some of them have already left the market, but some of them stayed and got an education meanwhile.
I have a friend who joined crypto end of last year and invested in like 10BTC for $15k and 125k of XRP on
price of over $3. In the meantime he invested more on the dip and lowered his average and learned
trading. Bear market was a good teacher for him.
Some of them have already left the market, but some of them stayed and got an education meanwhile.
I have a friend who joined crypto end of last year and invested in like 10BTC for $15k and 125k of XRP on
price of over $3. In the meantime he invested more on the dip and lowered his average and learned
trading. Bear market was a good teacher for him.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
Of course, you are pretty much right in this argument. Many, seeing that bitcoin is growing rapidly in price and making a big profit to others, also decided to get rich. However, this time Bitcoin is too expensive in value and this whole year we have a fall and stagnation of the cryptocurrency market. However, these individuals were the same as the previous ones. More than 90 percent join the cryptocurrency with a speculative goal to make money on it. Until the cryptocurrency is legalized by most states, the infrastructure for using it as a means of payment will not be widely developed. 
I agree with your opinion on this topic. This will always be the case. If bull season comes, investors will multiply. Hard case crypto currencies alone but on good day everyone with it.
Unfortunately, most of those person who invested on 2017 are just riding the boat during the hype season and wanted to earn an extra cash immediately. It was reported that bitcoin was over bought and it proved there are some who just invested without knowing what cryptocurrency and blockchain is. We cant blame them leaving the market since they also have to protect theirselves from more possible price dump or loosing more money.
Yes you are right,I figured that out in my own street ,some investors in my street just rush in when bitcoin was sitting at 19k and now they have already back out and sold at lose price ,I tried to lecture them though but it doesn't look like it works
Cryptocurrency is evolving, and as it grows and mature, it will have increase in value and other uses of cryptocurrency will signal participation for many other users. I believe the cryptocurrency market is worldwide. Cryptocurrency prices will recover and people will see how important cryptocurrency is in future finance and economy!
that is what is called hype, without knowing the basis of crypto, they enter with the expectation of large profits and when the market falls, they actually panic sell which makes the situation worse. people or investors should be more patient in investing in crypto, because whales can manipulate prices at any time.
Let us not go back to the past.
What done is done and now we have to move on from it.
Yeah it might be the reason for all the dump that had happened since many people just rode the boat thinking they will get rich im a day or a week.
It is wrong and I have seen that with my friends too. They talked about bitcoin when reached 19k USD but never when it was still at $300.
Now, what else could we do to make bitcoin be more valuable?
What done is done and now we have to move on from it.
Yeah it might be the reason for all the dump that had happened since many people just rode the boat thinking they will get rich im a day or a week.
It is wrong and I have seen that with my friends too. They talked about bitcoin when reached 19k USD but never when it was still at $300.
Now, what else could we do to make bitcoin be more valuable?
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
Perhaps you were right, there are many people joining the crypto that time, and right now when the market is like this, all those people getting worried and many of them end up dumping all the coins they had, making the condition even worse.
This is a market that can explode and attract many enthusiasts in 2017, crypto indeed continues to have many opportunities to reach the highest and lowest peaks. Enthusiasts only see the side of luck so they are not ready to accept the risks that occur.
many who enter just because an enormous rise in crypto that ultimately makes them too was getting results. in the end when the next time crypto crashed many that go with a loss. This is causing a lot of the decline of the market making volume into fall.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
I think that those who invested in 2017, when there was the biggest peak, they will not return more to the cryptocurrency market, because they are afraid to invest once again in something that has already been burned. I understand them. 
Always will be. After each take-off of the market, we will be joined by new people who are hungry for big money, but then when the market falls again, there will be only a small part of them. This is a normal situation and gradually it will help to weed out unnecessary people who do not believe in crypto.
I'm absolutely agree with you. These guys didn't know about this market anything before they had invested. So why they are panic now? It's only their fault. All smart investors sold their crypto them.
i wil not say that crypto fell into the hands of wrong men or people but then i will say the massive adoption it had in 2017 had created quite a scare in the financial sector and then it had to cause some sort of negative impact on the already existing banking policies and that has made them team up to look into the said technology that has set out to disrupt the financial world and that also sent bad signals to the investor hence having a negative effeect o the price of crypto.
Even if you're right, then think about another thing. In 2017 only thanks to awareness and mass people came to crypto this pump happened!
Without these guys you couldn't see thi bull run!
Without these guys you couldn't see thi bull run!
The market is full of people wants to be rich as fast as possible and that's why the market is in this status.
I don't agree with your point of view. This is not objective. In fact, people who bought coins in December 2017 can only be called speculators. Many people sold their houses to buy coins, but the bubbles quickly shattered, so they actually lost a lot of money. They are not bad people. It is shameful that only scammers in the encryption industry. There are no good people or bad people.
Everyone is speculators here, even those manipulators. Of course there's no bad actor here. Everyone's intent is to make money or buy cheap coins when someone sells. This is how the market works and operates and we need to understand that. The good thing though is that this bear market has teaches everyone a big lesson, the price would go parabolic and its up to us to make adjustments as we see fit.
I don't agree with your point of view. This is not objective. In fact, people who bought coins in December 2017 can only be called speculators. Many people sold their houses to buy coins, but the bubbles quickly shattered, so they actually lost a lot of money. They are not bad people. It is shameful that only scammers in the encryption industry. There are no good people or bad people.
But you do not think that these people are dropping the crypto currencies prices at the moment right? The most of these people are still holding because they have bought BTC at 20k USD and they should be big fools to sell it right now.
but the holders will also play their logic, they will think, with the fall of the market many times, making them tired of HOLD coins if they buy at that point, not to mention the ICO capital they have used to invest. Big drop will cause a pretty bad depression, they definitely think "why not sell at the price of a week ago"
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
Of course, it is just all about the hype that happened back then, and a lot of people already got out of the market and the one that are left are those people who awaits the new rally.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
They might fall into the trap of crypto where they had invested in a high price and now they had a huge deficit in their investment. Nonetheless, is would be another opportunity for them to learn and have patience for another bullrun to come.
i have seen a story of a guy selling his property and buy bitcoin and he got a lot of profit. maybe others are also copying him and want to earn a big profit too. but when dump happen they are the first to panic because they make a wrong decision.
The reason why am saying it is the December 2017 investors is that, they joined just at the time bitcoin was flourishing so they have no experience in bear markets and what to do during this period and that is the reason why they do panic selling when prices are going down.
of course people who joined and buy crypto especially bitcoin at december 2017 and still hold their cryptocurrencies in 2018 will panic,, even a real investors
because their portofolio was decreasing hardly my friend,, and its humanized
regards
This is one of my favourite cartoons about the foolishness of those that invested for the first time last December.
The funny thing is there won't be any cartoons about buying BTC this year even though it is actually a smart time to invest.
The funny thing is there won't be any cartoons about buying BTC this year even though it is actually a smart time to invest.
Very disturbing and similar situation.. People never understand the game of marketmakers who always like to fool market participants. Markets are not acting only with logic, both logic and emotions drive the trend. Imbalance is name of power which give impulse to trend. Average guys never want t understand it and they always blame others for their own mistakes.
I don't see anything wrong with the cryptocurrency market from the fact that some people have come and invested at the peak. This has become a big problem for this kind of investors, but it has not had an impact on the market.
In conditions like in December 2017, of course, they really want to get a huge profit. And everyone can still feel the price increase in the first and second quarters of 2018. But now the price is inversely proportional and everyone leaves the market. I think this is a natural thing and they will return after the price stabilizes.
This is what happens when the people who are investing in something are the ones that do not know how the investments are supposed to be made, They come into the market thinking that they are going to make a lot of money in a very short time and that cryptos would make them rich overnight but that is not the case and now they are all running out
The reason why am saying it is the December 2017 investors is that, they joined just at the time bitcoin was flourishing so they have no experience in bear markets and what to do during this period and that is the reason why they do panic selling when prices are going down.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
if that's the case, isn't it not that bad. the crypto community is very strong i doubt if only with panic sales, the market will be destroyed like this.
it seems your opinion is not right, this is not a new investor, but all the investors that exist today.
well they only think that they will rich in instant by investing bitcoin or any cryptocurrencies, but when the prices go down slightly they will panic, they don't think it will go up again. There is nothing we can do with these weak hands let them sell so we can buy cheaper.
This is one of my favourite cartoons about the foolishness of those that invested for the first time last December.
The funny thing is there won't be any cartoons about buying BTC this year even though it is actually a smart time to invest.
The funny thing is there won't be any cartoons about buying BTC this year even though it is actually a smart time to invest.
a very unique picture, I wonder how they reacted this Christmas? when prices continue to fall and are likely to return to 2014 prices? which image will repeat?
This is one of my favourite cartoons about the foolishness of those that invested for the first time last December.
The funny thing is there won't be any cartoons about buying BTC this year even though it is actually a smart time to invest.
The funny thing is there won't be any cartoons about buying BTC this year even though it is actually a smart time to invest.
the price of cryptocurrency in December was very terrible, the price of cryptocurrency fell and the price was very cheap, many traders suffered losses and it was not like December in previous years so you should be careful when you want to buy cryptocurrency this December.
It is the weak hand. they entered on crypto only when flying and will go when it crashed. about the potential of technology and also even the blockchain, of course, they will not be too concerned about this because that's simply how it is pursued to continue to profit from conditions that are occurring.
In fact, the cryptocurrency market has been manipulated by price, and many whales always create panic, buy encryption at low prices, and sell when it rises!
I also joined the crypto in December 2017. But I did not immediately begin to invest, but only after 3 months, since I studied everything. Therefore, I think that newbies did not start investing all at once. And yes, I agree with you that many people have begun to leave the world of crypto. My friends are already all disappointed in her.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
You may be right, but it will not help the further growth of BTC. It may continue to fall in value.
In this case I don't think so. Most investors don't leave crypto, but I think they just lost enthusiasm for a while. And actually still staying and hoping for a lot of profits. This phenomenon is very reasonable in bear market conditions, but never panic. Staying and staying calm will be a good step.
They want to try luck, want to be rich suddenly
They don't understand cryprocurrency travel from year to year, so when the market is rocked like this, in their minds only profit. if they stay here, they will continue to suffer losses, so they decide to sell all their crypto assets and leave cryprocurrency.
Actually it is a ridiculous choice.
They don't understand cryprocurrency travel from year to year, so when the market is rocked like this, in their minds only profit. if they stay here, they will continue to suffer losses, so they decide to sell all their crypto assets and leave cryprocurrency.
Actually it is a ridiculous choice.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
crypto is more exposed to the investors than ever.. believe me investors are still buying the dip.. this dip is like opportunity for them and they are making good use of it.. if this dip does not happen then there will be no opportunity for investors to make profits
Your point is partially correct but if you look at the history of the bitcoin value you will come to know that these swings and cycles have always been in the game and we see extreme bulls followed by long down trend and then accumulation phase before the next big uptrend and same will be the case this time around, i think we need a bit longer for bulls to return again but they will be here for sure.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
the final purpose of 99% people involve in this market, this type of investment is money, real money.they make the deal when ever they see it profialbe. so don't blame anyone, just dump and pump
in my opinion it is natural and what they do is the right thing because everyone wants to make a profit and does not want to suffer losses so most people just follow the trend, when the market is developing so many people join so that they can benefit from the trend then when the market began to fall, so many people left that they did not suffer losses
Of course, that's right. Every single person in this Forum are here only to make profit. No one want to afford loss after making investment also a lot of people have bought coins in this bear market for cheap price is a good thing. So that's a great Idea.
It is a good thing. The weak hands are leaving. Let them leave. These "get rich quick" attempts have nothing special to do with the crypto market, they are universal. I agree that the crypto space is better off without a horde of speculators. But I'm also sure many of them will return when the next hype cycle is at its peak, buying again at the market's top. Nothing we can do about it. It's the law of the market.
On the one hand, it’s really good that the market is clearing, but on the other, all those who leave are those investors who came to the market at the peak of popularity, there are many such people and it was thanks to them that the 2017 bull run was possible. Obviously, after their departure, there will be no one to come.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
We are not so sure about that. This is just a plain opinion. So, blaming them for what happened to the price now does not make sense. Everyone should be part of the blame because everyone has made the market to be like this.I do not think it is our fault, when a market is easy to make money. As in the dotcoms, stocks or real estate, it has attracted a lot of people. And you know that, all a balloon, it will deflated
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
We cannot conclude it that way. There's no guarantee that only new people in crypto is the reason why the market crashed. Most likely this is because of whales who know how to manipulate the market which lead people to panic.
Just another hype that baited those newbies and made veterans rich again. They expected too much in cryptocurrency market and that is their downfall. To be honest, I want cryptocurrency to fall more at the end of this year and wait for the natural growth to happen again.
They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down
Most of the people in the crypto space don't care about the technology, it's all about looking at cryptos as a form of investment and making money and huge profits, and I doubt things will change in the future until the adoption phase begins when people will start investing in cryptos for their actual real world use-case.They are those who are seriously doing panic selling over the markets
I don't think the current downtrend was caused by panic sellers, I believe we got rid of them a long time ago, otherwise, the price would've tanked a lot more, what we're seeing today might just manipulation from some big whales.
But you do not think that these people are dropping the crypto currencies prices at the moment right? The most of these people are still holding because they have bought BTC at 20k USD and they should be big fools to sell it right now.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
Well I think you're absolutely right on this one... so many people came in the market when bitcoin hit 10k usd.. they all wanted quick change
They are real crypto investors but they are just short termers.
Its a wrong timing for them that they invested when the market is booming and that's a normal practice for people that doesn't believe to crypto. And we can't blame them for their misfortune for getting involved at the wrong time but if they will keep on learning from that mistake they can adopt.
Its a wrong timing for them that they invested when the market is booming and that's a normal practice for people that doesn't believe to crypto. And we can't blame them for their misfortune for getting involved at the wrong time but if they will keep on learning from that mistake they can adopt.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
It is not easy to holding tight right now. I can understand who has lost their money. But human makes a mistakes always with panic. So please calm down. It will goes down and up after it.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
We are not so sure about that. This is just a plain opinion. So, blaming them for what happened to the price now does not make sense. Everyone should be part of the blame because everyone has made the market to be like this.
yes but i think thats a positive thing for longterm future of crypto market. we really need crypto lovers. not panic buyers or panic sellers. anyway now everyone have understood about this market and lets see what will happen in 2019
This understanding is not objective enough. In fact, speculators and investors have the same view of the cryptocurrency market. Investors who usually buy cryptocurrencies in December are late, they may know the cryptocurrency market through the media, so this is normal. Losses in the cryptocurrency market are common, so investors will understand the real cryptocurrency.
then what's the problem with the price situation in the market? Is this related to investors who are used to buying crypto currencies in December? isn't it now entering December? why hasn't the price in the market recovered? 
in my opinion it is natural and what they do is the right thing because everyone wants to make a profit and does not want to suffer losses so most people just follow the trend, when the market is developing so many people join so that they can benefit from the trend then when the market began to fall, so many people left that they did not suffer losses
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
I agree , but I think those who joined the investment in December have already sold their coins in the negative , there are few people who actually still hold their coins , usually beginners always buy when the price goes up and not down is a frequent error Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
Most of them are seeing there was a lot of people being millionaires caused by crypto and then they were rushing it without knowing more or at least have some basic knowledge about the cryptocurrency itself. They were amateurs who wanna become a rich person instantly.
They are those who are seriously doing panic selling over the markets
It is a good thing. The weak hands are leaving. Let them leave. These "get rich quick" attempts have nothing special to do with the crypto market, they are universal. I agree that the crypto space is better off without a horde of speculators. But I'm also sure many of them will return when the next hype cycle is at its peak, buying again at the market's top. Nothing we can do about it. It's the law of the market. Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
Do you spend a lot of money to invest in something you do not know? Investors who are not familiar with the crypto market will not do so. So leaving the market for those investors is only a small part of the bear market.
This understanding is not objective enough. In fact, speculators and investors have the same view of the cryptocurrency market. Investors who usually buy cryptocurrencies in December are late, they may know the cryptocurrency market through the media, so this is normal. Losses in the cryptocurrency market are common, so investors will understand the real cryptocurrency.
Most of the people who joined the crypto community at the later part of 2017, especially December were not any real crypto investors. They just heard about the booming prices and decided to join and also make profit. They don't know the potentials of the blockchain technology and the future it holds and that is why now that prices are down, they have all left the market and its left the real crypto enthusiasts. They are those who are seriously doing panic selling over the markets
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