Topic: Main reason behind crypto currencies red market in 2018 (Read 10158 times)
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Many transactions have failed and some cryptocurrency rumors have made the crypto market bustling. That also affects the rise and fall in cryptocurrency rates.
I think this is closely related to the ICO market, because last year's market was caused by ICO, but this year is different. All the coins are falling this year, and many investors are bankrupt!
Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
I think the main reason for the market being red in 2018 is because there is a big dump or a big correction after the very high increase in 2017, so far I can still feel the value of crypto in the market can still be normal because it can last above $5k. So I personally don't feel worried about this situation. In addition, all ICO projects are also experiencing a difficult period because many negative issues are circulating.As I think that there are many reasons that lead to red market, and we don’t have any clear reason for this items so I don’t think that it has any main reason. Yep pump and dump both affect to the market. Fake news is considered as a key sign of pump and dump scam. It may lead people into FOMO psychology, especially it affects to those who are greedy and don’t have much knowledge especially no one can deny that in this year 2018, bad ICO is mentioned as a scam regularly.
we must be smart to choose which one we should give funds for investment, nowadays there are a lot of bogus investments which are detrimental to many people in various countries. I prefer to continue to monitor the development of the crypto until prices range between USD5000-5500. in my opinion this will be a big loss for bitcoin investors if they sell their assets at this time
In my opinion the reason is that small investors think that only big investors can make money from cryptocurrency and they are losing their money and wasting their time. it is better to invest in some regular business. Therefore I think that the main reason for red market is whales. They manipulate the market and this manipulation is not good for crypto market overall. I do not count the year as the most bad one for bitcoin. Yes, it sharply fell in the most beginning of the year, but the long dynamic shows that the price is almost stable during long period of time, a thousand up or down with clear center 7000$. I think this year should be call as a year of massive holding, but not as the worst one.
This isn't a bad year, we just came from all time high last December to January 2019 so people are comparing today and that month.At least for now the market seems to be stable and is still testing the waters to reach new levels. Studies are showing that during end of the year's, there are some surprises so let's see if that's really a well done research. If not, as long as it will stagnant and stable to $6500 and won't go under $5000 that's still a fine market.
we must be smart to choose which one we should give funds for investment, nowadays there are a lot of bogus investments which are detrimental to many people in various countries. I prefer to continue to monitor the development of the crypto until prices range between USD5000-5500. in my opinion this will be a big loss for bitcoin investors if they sell their assets at this time
I do not count the year as the most bad one for bitcoin. Yes, it sharply fell in the most beginning of the year, but the long dynamic shows that the price is almost stable during long period of time, a thousand up or down with clear center 7000$. I think this year should be call as a year of massive holding, but not as the worst one.
This isn't a bad year, we just came from all time high last December to January 2019 so people are comparing today and that month.At least for now the market seems to be stable and is still testing the waters to reach new levels. Studies are showing that during end of the year's, there are some surprises so let's see if that's really a well done research. If not, as long as it will stagnant and stable to $6500 and won't go under $5000 that's still a fine market.
I do not count the year as the most bad one for bitcoin. Yes, it sharply fell in the most beginning of the year, but the long dynamic shows that the price is almost stable during long period of time, a thousand up or down with clear center 7000$. I think this year should be call as a year of massive holding, but not as the worst one.
More specific reasons may be very difficult to explain because this fall in bitcoin prices is not only due to one factor, but many factors can cause bitcoin prices to fall, in some cases that often occur from year to year bitcoin prices fall usually due to bad news, restrictions circulation from the government in a country and the case of bitcoin theft at a large exchange place, and the last influence in my opinion is from traders who are very easily affected by such issues so they panic and make the price of bitcoin in the exchange place collapse this reason which often occurs when bitcoin prices fall.
Few reasons would be, whales are manipulating the market, many negative news spread about bitcoin, and some countries banned crypto. As the value of every crypto coin has come down, if we had minimum investors and this is another reason for red market. Happy to see that bitcoin and other currencies value are being stable for almost 4 weeks to 6 weeks which is really a good sign still. These are the main reasons that made makert red in this year.
2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.
Yes this may be the main fact to market down that i did not think before. In hard cash market there are controlling by government that inflation did not happen. So i think such kind of inflation happened into crypto market and as it has no controlling module it catch the market down. Otherwise there is no fake or bad news last one year in crypto market. So why it will down?
Current year has been bit worst for crypto coins. Apart from values, we have ICOs in the market with best projects. So what happened is the investment spill over too many ICOs and thus bitcoin value remained below $6.5K . This is another reason for all altcoins values remain under a threshold. Hope we have more investors pitch in investing into bitcoin.
The main reason why Bitcoin is down is because the whales are out and have withdrawn their money. It’s left for them to choose when the price will start to increase and that’s whenever they ate ready to do so. I believe they are waiting for the price to fall even below thus current rate before they push for another bull run, probably because of the ETF. maybe that is the reason why cryptocurrency prices are currently falling because there are so many bad news circulating on the internet and many traders are easily panicked that makes cryptocurrency prices tend to fall at this time.
Not only news but many other factors involve in this bearish situation of the market. For instance market manipulation, low demand for cryptos, no stock because of no or low mining, trust of the people and fluctuation if the price. These are the factors that do not allow price to go up. Investors also wonder what to do because they also afraid of losing their money. For real cryptocurrency activity has great potential for great development, no need to put a cross, to carefully consider their choice in your investment portfolio.
When considering an investment, I want to believe it is just a normal thing to focus on the long term. Even if I start a business today, it will take time to even start gaining ground, expanding and getting something substantial from it. But in any case, the rate at which people get greedy these days and are looking for a way to get rich is the reason why they do not even know how to be patient enough even when there is a red market and to even know they should be taking advantage of it. Well, like I always say, not everyone can be smart.
There will be numerous financial specialists who join the digital money if the positive issue with respect to bitcoin and blockchain innovation is developing. News like Japan intends to pay representative pay rates with bitcoin is one of the positive issues that I accept will have an effect on the expansion in bitcoin costs.
I think that this is a natural development and will not always go market growth with last year's scenarios, now we are on the threshold of new interesting events and even higher prices for cryptocurrencies!
the reason that makes the price of bitcoin and some cryptocurrency red like this in 2018, there may be many people who sell their assets at very cheap prices. I heard that there was news that sold its assets last month.
You can see the news at: https://www.bloomberg.com/news/articles/2018-09-25/tokyo-whale-sells-230-million-bitcoin-in-mt-gox-wind-down
Normally, in every bear market, sellers are always more than buyers and we get to see it the other way round with a bull market. The thing here is that the market was driven hugely and speculatively last year and the result of that is what we are experiencing at the moment. You can see the news at: https://www.bloomberg.com/news/articles/2018-09-25/tokyo-whale-sells-230-million-bitcoin-in-mt-gox-wind-down
As long as the whales will always keep being in the picture, the market is speculative, and we have not yet seen proper real life usage, we will keep seeing the market being driven up and down as the case may be.
For real cryptocurrency activity has great potential for great development, no need to put a cross, to carefully consider their choice in your investment portfolio.
Well, that is one thing for any smart investor which is to always use the down market as a basis to build on the future and leave other gullible ones that have no idea what they are doing in the market except to want to get rich overnight, whine for as long as they want to. No market is beyond correction, and what we are experiencing now is a correction after a bullish flight which is very normal. Once the market finds a bottom, consolidate for a while, it is normal to see it recover afterwards and then start a new cycle which is why taking advantage of those low prices is always the best way to go.
maybe that is the reason why cryptocurrency prices are currently falling because there are so many bad news circulating on the internet and many traders are easily panicked that makes cryptocurrency prices tend to fall at this time.
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