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Topic: Main reason for the price drop - page 7. (Read 1008 times)

newbie
Activity: 28
Merit: 0
July 01, 2018, 03:56:50 AM
#88
Cryptocurrencies (CC’s) are at the mercy of the speculator. Turn that pressure cooker down and speculators bail, selling rapidly. Unlike a share in a traditional company such as Ford, valuation is impossible.
newbie
Activity: 126
Merit: 0
July 01, 2018, 03:47:12 AM
#87
Since there are so many pennies out there, they can produce effects, and the competition between coins is quite high. This has taken away some investors so the price of the altcoin is always down.
hero member
Activity: 728
Merit: 502
July 01, 2018, 03:07:09 AM
#86
only one reason, the price is heavily going down because of the fud, and a lot of people are just following those signals to buy back lower

This is not a only reason in price drop because lot of opposition is comes in the market but Bitcoin is struggle the every problem then back to form. So main reason is whales and bad rumours of cryptocurrency then peoples are panic to invest in this platform automatically supply and demand is reduce in the market.
All of them are really remarkable reason for the price drop, whales are trying to keep on this price drop because they knows after this all small and inexperienced investors will sell their coin for lowest price, so they will get a chance to enjoy a lot of coins for cheap price, but if we will stop listening them and selling at panic our coin then the bitcoin recovery will get faster and we will have good profit.
hero member
Activity: 1834
Merit: 523
July 01, 2018, 12:50:32 AM
#85
The reason why the price decreased because most of the news now are negative about bitcoin so that's why the people who see this sell their bitcoin because they are panicking and even the other people who have interest to invest are not interest because of that kind of news.
newbie
Activity: 166
Merit: 0
July 01, 2018, 12:36:06 AM
#84
If I think the price drop is a correction that erases the initial panic by investors. Investments for the year have been uncertainty in the market since the beginning of the year after Bitcoin hit its highest level. Also a lot of fake information came out a few weeks ago, but this information makes people panicked and many are afraid to sell all Altcoin which causes the market worse.
newbie
Activity: 11
Merit: 0
June 30, 2018, 08:05:49 PM
#83
I'm reading for trade bitcoin and eth, but I hope trade for me...
newbie
Activity: 202
Merit: 0
June 30, 2018, 06:53:35 PM
#82
I read some news this last week, and there is some indication of wash trading and spoofing going on, so the prices are dropping.

Do you think this is the reason, or the movements of the market are normal ?


There are many things that can affect the price of the cryptocurrency,fake news ,big whales and any type of hype  can affect the value either  good or bad,so before you dismiss something as hype,remember that hype moves markets too.

newbie
Activity: 30
Merit: 0
June 30, 2018, 05:03:11 PM
#81
They reason why cryptocurrency market drops is because of they inability to adhere to investors complaint thereby not giving investors 100% trust and assurance that there money won't be hacked,crypto is going to rule the world
member
Activity: 458
Merit: 10
June 30, 2018, 02:28:34 PM
#80
All those factors are part of what makes the price to go down nearly everyday and a lot of people sell their token very cheap because they don't want to lose but I believe every factors boils down to demand and supply.
jr. member
Activity: 131
Merit: 1
June 30, 2018, 11:07:33 AM
#79
Hi Forex trader here, recently invested in Bitcoin. I would like to tell you guys that, Bitcoin is just preparing to launch and nothing to worry about because price is accumulating. If you do not believe, listen to the  news, you check out the news and you will see everybody is jumping in

I read some news this last week, and there is some indication of wash trading and spoofing going on, so the prices are dropping.

Do you think this is the reason, or the movements of the market are normal ?
sr. member
Activity: 924
Merit: 260
June 30, 2018, 10:40:27 AM
#78
The demand for bitcoin and cryptocurrencies is reducing and that is why the price is dropping!  When the demand increase again then we should expect another pump. The market work in this way and that is what determines the state of bitcoin and cryptocurrencies in general.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
June 30, 2018, 10:28:29 AM
#77
only one reason, the price is heavily going down because of the fud, and a lot of people are just following those signals to buy back lower

This is not a only reason in price drop because lot of opposition is comes in the market but Bitcoin is struggle the every problem then back to form. So main reason is whales and bad rumours of cryptocurrency then peoples are panic to invest in this platform automatically supply and demand is reduce in the market.
sr. member
Activity: 700
Merit: 250
June 30, 2018, 09:46:31 AM
#76
I read some news this last week, and there is some indication of wash trading and spoofing going on, so the prices are dropping.

Do you think this is the reason, or the movements of the market are normal ?
I think a lot of things are causing the price to fall, and recently the FED has raised interest rates by 2% and people are very nervous about this information so many panic sell occurred continuously in June and of course this has Make a lot of people lose a lot of profit this is very bad. For me in July there will be a lot of news to reassure investors and they will soon return to the market
jr. member
Activity: 196
Merit: 3
June 30, 2018, 09:16:03 AM
#75
I believe that the price of bitcoin are being manipulated by whales or these big financial institutions as they want to buy also bitcoin at lower price. They release negative news and sentiments which causes the price of bitcoin fall irregularly. My advice is that buy bitcoin as low as possible most probably 4k level.
newbie
Activity: 20
Merit: 0
June 30, 2018, 08:55:33 AM
#74
I read some news this last week, and there is some indication of wash trading and spoofing going on, so the prices are dropping.

Do you think this is the reason, or the movements of the market are normal ?

The only one real reason that I see here is the market manipulation. Someone decided to make some funds in the last year and has pumped the market dramatically, when this crypto-hype started to grow tramendeosly fast and has reached its apogee in January they decided to start selling huge amounts of crypto. And basically everything that you see right now is just the price manupulation of those sitting on top. I really advice you to avoid trading if you were planning and start investing in some coins and HODL them, there's no other good chance to make money off the market differently. FOr example I have invested recently couple of eth in the project called Cryptics, thse guys have developed a platform which allows to get the price forecasts with high accuracy rate up to 70%, they gonna run the next ICO phase soon in August.
member
Activity: 203
Merit: 10
June 29, 2018, 05:32:26 PM
#73
only one reason, the price is heavily going down because of the fud, and a lot of people are just following those signals to buy back lower
hero member
Activity: 700
Merit: 503
June 29, 2018, 05:09:54 PM
#72
The most important reason for the current price reduction is manipulation. Now whales earn billions on ordinary people (however, as always). Now they bring people to the point where people are covered with a terrible panic and they sell everything at the lowest possible prices. I think whales will scare people a little more, and then the price will go up.
hero member
Activity: 1008
Merit: 537
June 29, 2018, 03:01:19 PM
#71
Main reason for price drop is panic-fear as many investors invested more into crypto they should afford and now just dumping. Also the demand is very poor during summer. Big cleaning is going on and weak hands leaving the market.

There are many reasons for the price dump mate. Most specified things are trading manipulation, hackings, regulations and etc... If you get invest your fund on any coins you will be able to get the profit in future dude.

Apart from that we do not need to find the reason for price dump.
member
Activity: 406
Merit: 10
June 29, 2018, 02:27:53 PM
#70
Main reason for price drop is panic-fear as many investors invested more into crypto they should afford and now just dumping. Also the demand is very poor during summer. Big cleaning is going on and weak hands leaving the market.
hero member
Activity: 1305
Merit: 511
June 29, 2018, 01:55:21 PM
#69
Due to the FUD in the market,the price of bitcoin is reduced.Now a days,the big whales are manipulating the market.This create more panic among the new investors.They may don't know,Bitcoin had a potential to recover his own value.If the demand of bitcoin is reduced in the market,the price will reduced to low value.
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