Is there any reason why there is such a situation in the merket? That's the worst scenario i've ever seen.
it's the worst-case scenario for me, too, but because I'm new to the market. I saw in the charts how bitcoin fell by 90% in price
Topic: Real reason of falling down market. - page 16. (Read 3635 times)
it's the worst-case scenario for me, too, but because I'm new to the market. I saw in the charts how bitcoin fell by 90% in price
im agree with the view that the reason why the market is falling down is that more often, cryptocurrencies usually go up and down in line with news events. As u may have already noticed, whenever there is news that some big financial player signs a partnership with a blockchain company, that crypto’s price goes up. Consequently, when negative news hits the papers, prices go down and today makes no exception...
Too many people lose money, and they do not see hope. As a result, people’s minds have gone and the market will naturally decline.
It can be in different reasons and right now they said that it's because of Mt. Gox that dumped their btc. And the worst scenario is not the fall because it's part of trading crypto. The worst scenario is a complete ban.
Of course, what is happening now scares many newcomers in the world of crypto-currency, I sometimes myself am willing to sell some tokens, but I believe that the market will work out the traffic again, like the previous 4 years, after the Chinese New Year.
Typical market behavior, binance concerns, and perhaps this:
https://www.trustnodes.com/2018/03/07/mt-gox-crashed-bitcoin-trustee-sold-bottom-blockchain-data-reveals
Dang! Bitcoin down to $8,800 and its because of that trustee whale that sold those bitcoins that he doesn't own.https://www.trustnodes.com/2018/03/07/mt-gox-crashed-bitcoin-trustee-sold-bottom-blockchain-data-reveals
For now BTC price is falling down and also alts r going down
When bitcoin falls, alts are falling too. This is a domino effect by the major coin in cryptocurrency so you're right that this is a normal scenario but not after holiday season.We're far from holiday season and what do you think holy week is coming and many religious people will sell too?
Unfortunately now everything lends itself to the bitcoin course. You can even trace the graphs 1 in 1. Where bitcoin goes there and the market
For now BTC price is falling down and also alts r going down. This is normal scenario after holiday season and the reason why that market value r going down its because many coin holder r selling thier coin because they r worried about the down price of BTC. Of course they may lose their money if they dont sell it.
The logic of the crowd, the token has already grown tenfold - it's time to buy it. The token has fallen in price ten times - it's time to sell it. Never give in to panic, buy when everything is cheaper and sell when it becomes more expensive. Not the other way around!
Always after a big lift there was a decline
The Real Reason for falling down crypto market is MTGOX trust sold more than 20 thousand btc in market the major dump after price increase caused sudden fall of bitcoin prices
I think that this situation on the crypto-currency market is normal, because the market can not constantly grow. If you look at the price of Bitcoin beginning of 2017, then it was in the neighborhood of $ 1000, now the price Bitcoin fluctuates in the district of $ 10,000
Original poster saying this is the worst scenario in bitcoin and the whole crypto shows lack of experience. This is not the first time the whole market seemed to be dropping hard because there were many times the market recovers and hitting aths over and over again.
I think sharks and whales pulling out their fund when they see huge profits on their hands and buy backs when the market is down that people panic selling. They are the reason why market is down.
I do not understand the reason for the real fall of the market. We waited for the Chinese New Year to end. Then we realized that the market is turning red due to negative news. But then the fall of all the altcoins that is happening now, I do not understand how to explain. I do not see very bad news or other reasons.
Many reasons behind. Closing of trades, exchanges, rules on forbidding usage of crypto currencies, keep waiting to rotate the coins being held by individuals, closing of mining pools and etc causes altcoins prices fall to the ground. But hope that altcoins will have hectic boom this year unlike past years.
The Japanese financial markets agency suspended the operation of two crypto exchange exchanges in Japan - FSHO and Bit Station, and also fined four other crypto-exchanges. In turn, the Commission on Securities and Exchange Commission (SEC) obliged crypto-exchange exchanges for mandatory state registration.
The worst scenario is yet to come. Only the market has entered a global correction, as it happened already twice before. Perhaps, closer to summer, we will feel the bottom.
A market can't rise always or can't down always. We couldn't know until it really happen. This volatility could be preparing stage for new dips or ath.
Unfortunately, at the moment such news is causing the fall and most frustrating that btc is pulling the whole market behind it
Typical market behavior, binance concerns, and perhaps this:
https://www.trustnodes.com/2018/03/07/mt-gox-crashed-bitcoin-trustee-sold-bottom-blockchain-data-reveals
https://www.trustnodes.com/2018/03/07/mt-gox-crashed-bitcoin-trustee-sold-bottom-blockchain-data-reveals
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