Topic: Real reason of falling down market. - page 7. (Read 3635 times)
People had lost their hope in bitcoin they are ready to sell their bitcoins not ready to buy. This makes market goes down, and another thing the value of bitcoin goes down it automatically down the price of other altcoin also. This type of flutuations is common in the crypto world. It will be replaced by high growth in future. There will be a mass changes occur in future. It depends upon the market and investors.
Currently bitcoin Market Movement is interlinked with all coins. When bitcoin prices falling down.All coins prices are falling down. Don’t understand logic behind this. We need to break the connection between bitcoin and Other coins.
Everyone hoped for a crypto conference in New York that it would push(this has happened more than once) the rate of bitcoin and altcoins. This time it didn't happen.Why? Even the good news that the police did not find anything illegal on the Upbit exchange does not affect the course. This is odd...
The market is falling because I think it's normal. And personally I find this to be the case so we can make a profit. And of course, lucky only for those who have smart investments
The fall in the rate of the crypto is replaced by growth. At first it looks like a small rebound from the minimum values and most investors still believe that soon quotes will drop even lower. Mass change of mood occurs later, when digital coins rush to new heights.
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One of the reasons for falling down market is book profit.
The fall in the rate of the Crypto-currency is replaced by growth. Take a chance to pick up some good ICO https://ambitmining.io/
Having read a little about this, I came to the conclusion that this is quite normal for the cryptocurrency market,do not be afraid of this.
The crypto market is the same as stock, always fluctuate, sometime go up sometime go down which depend on the news or the policy which affect in this coin. But if you have the knowlegde, you will earn alot whenever up or down.
We see falling now, because manager of MtGox sold 8200 BTC yesterday. This is high volume, and it dumping crypto market. Many people hate him, because this situation not first, not second and not last.
I guess here are some of the reasons.
1)As the newspaper notes, on May 10, the balance of MtGox purses decreased by 8,214,97084 BTC ($ 70.6 million at the current rate). Transactions entered the bitcoin address 1LncfoCX1yzuiW3hzejarvgZ1WahnAQ4o4.
2)The authorities of South Korea are accused of fraud exchanging UPbit.
3)Before major events there has always been a drawdown, even in front of one of the most promising ones - Segwit, bitkoyn locally decreased. Soon a Consensus.
1)As the newspaper notes, on May 10, the balance of MtGox purses decreased by 8,214,97084 BTC ($ 70.6 million at the current rate). Transactions entered the bitcoin address 1LncfoCX1yzuiW3hzejarvgZ1WahnAQ4o4.
2)The authorities of South Korea are accused of fraud exchanging UPbit.
3)Before major events there has always been a drawdown, even in front of one of the most promising ones - Segwit, bitkoyn locally decreased. Soon a Consensus.
Panic selling, correction and bad news are the main reasons for red market
The Trustee of the defunct exchange Mt.Gox, Nobuaki Kobayashi, who put elimination of approximately 200,000 BTC with the purpose of indemnification of the creditors, the company may again sell the cryptocurrency.
According to reports from various sources, Including the service for monitoring for wallets MT.Gox Cryptoground, on may 10, Kobayashi withdrew cryptocurrency from four wallets of the exchange, thus moving 8 200 BTC or about $73 million at the time of the alleged sale.
According to reports from various sources, Including the service for monitoring for wallets MT.Gox Cryptoground, on may 10, Kobayashi withdrew cryptocurrency from four wallets of the exchange, thus moving 8 200 BTC or about $73 million at the time of the alleged sale.
Is there any reason why there is such a situation in the merket? That's the worst scenario i've ever seen.
i think the main reason is due to panic selling of bitcoin due circulating bad images of bitcoin.
It is a nature of the market better to pick up this opportunity this time to participate in some ICO like Ambit Mining https://ambitmining.io/
Is there any reason why there is such a situation in the merket? That's the worst scenario i've ever seen.
Now I see two main reasons, because of which the rate of bitcoin falls, and with it all the crypto-currency. This is negative news about the crypto currency, including fake ones, and throwing on the market for sale large batches of bitcoins by such persons as Mt. Gox from Tokyo. So, today there were news that Mt. Gox today sold 8,200 bitcoins on the market and therefore bitcoin fell in price to about eight and a half thousand dollars. And all he intends to sell two hundred thousand of his bitcoins. If he also sells them in the same lots after the restoration of bitcoin in the former value, he will restrain the bitcoin course for years.
The fall in the market price of cryptocurrency is a concern for all of us for digital currency users.
The cause of many factors, I am sure one factor is the development of negative issues that are currently being developed in public such as many countries that prohibit the use of Bitcoin because it has many risks.
Simultaneously many sell coins in large quantities, thus causing a deterioration in the value of cryptocurrency.
The cause of many factors, I am sure one factor is the development of negative issues that are currently being developed in public such as many countries that prohibit the use of Bitcoin because it has many risks.
Simultaneously many sell coins in large quantities, thus causing a deterioration in the value of cryptocurrency.
Even if The market is falling down, It is the best time to buy some ICO like Ambit Mining ICO https://ambitmining.io/
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