Reasons behind Bitcoin/Cryptomarket fall???

cammie16

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Quote from: gorokill on October 11, 2018, 09:47:05 AM

Quote from: hidden_legend on August 17, 2018, 08:33:10 AM

Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

Volatility factor is still the main cause of price decline Bitcoin because bitcoin prices are rapidly changing and difficult to predict. Another thing that causes the decline in Bitcoin prices is the spread of negative news and banned by some countries, consequently a lot of panics that occurs to investors and creates a lot of panic sales so that the market is filled with sellers rather than buyers, the price automatically goes down.

Yes this are the main reasons why crypto markets still in its dip now. A lot of negative already happened and continuously happening right now that is the reason why bitcoin still can't recover.

visionE2

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Quote from: MirzaofDaska on August 17, 2018, 09:07:36 AM

marked 5 reasons for that:
Tax Season
Potential Regulation
Mt. Gox Weight
China’s Relation to Cryptocurrencies
Google’s (as well as other social media) ban on Cryptocurrency

Is this not a game of whales who want drop bitcoin prices to be bought on a large scale to make a big profit in next bull run?

Golftech

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Quote from: reality18 on October 19, 2018, 09:28:33 PM

Who said Bitcoin has fallen? Bitcoin began as nothing and now selling at $6500. This is a miracle and we should learn to give credit to this revolutionary technology. The movement has never been a smooth upward rise since its inception yet it is making a cumulative rise in price and value gradually.

It's not fallen in what many people assumptions, as like what you have said those who just got in when the massive pumped happen most of them seen
or assess that it is now falling , but for those who are already here way back this market still progressing, possibilities are early adopters already accumulate enough and they wanted to sell out for profits and buying back for much cheaper value to hold again and wait.

michellee

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Quote from: KingOfWinterfell01 on October 19, 2018, 10:01:39 PM

Quote from: hidden_legend on August 17, 2018, 08:33:10 AM

Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

****Note(02/09/2018):- Hi Friends,
Thanks for the discussion.I just want to clear few points that I never call Bitcoin a scam.I am just highlighting a news published in a top most news paper of my country.Bitcoin is used to scam people by BitConnect.Latest update about this scam is much more money involved.
From that news following points came into light:

1) A big chunk of money disappear from market because scammer run with that money.
2) The investors who already invested never think or maybe hesitate to invest again.New investors if came across this news try to avoid this market.
3) Because of these kinds of scams RBI and Govt. of India try to restrict transactions related this market which intern affect this market.
I read same kind of scam cases came into light from different countries like Indonesia, Malaysia,Thailand, Japan, Canada UK etc....

I also read a news that many prominent crypto exchanges and crypto personalities joining hands to ride out these kind of scams.I hope they will succeed in their mission.

More over this post is not to panic any one but to discuss and spread awareness about this new market.

The way I see it, this is just plain market manipulation from whalr holders. Maybe they ask newbies or FUD the newbies to sellout and streak out their bitcoins at a lower price to buy it from them. Eventually, a sacrificial whale will sell their bitcoins at a huge price spike and then the whole crew will start dumping at that price making a profit.

I think it's because there is too many negative news about cryptocurrency in out there that makes people in cryptocurrency become panic and sell their coins. With doing that, I think this makes the price to go down deeper, and as we can see in a few months ago, the market fallen without any chance to increase. But right now, if we check on the market, we can see that the market is trying to rise again, and I think the market will increase higher soon. So we need to be patient and don't sell any coins if we are not making a profit.

KingOfWinterfell01

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Quote from: hidden_legend on August 17, 2018, 08:33:10 AM

Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

****Note(02/09/2018):- Hi Friends,
Thanks for the discussion.I just want to clear few points that I never call Bitcoin a scam.I am just highlighting a news published in a top most news paper of my country.Bitcoin is used to scam people by BitConnect.Latest update about this scam is much more money involved.
From that news following points came into light:

1) A big chunk of money disappear from market because scammer run with that money.
2) The investors who already invested never think or maybe hesitate to invest again.New investors if came across this news try to avoid this market.
3) Because of these kinds of scams RBI and Govt. of India try to restrict transactions related this market which intern affect this market.
I read same kind of scam cases came into light from different countries like Indonesia, Malaysia,Thailand, Japan, Canada UK etc....

I also read a news that many prominent crypto exchanges and crypto personalities joining hands to ride out these kind of scams.I hope they will succeed in their mission.

More over this post is not to panic any one but to discuss and spread awareness about this new market.

The way I see it, this is just plain market manipulation from whalr holders. Maybe they ask newbies or FUD the newbies to sellout and streak out their bitcoins at a lower price to buy it from them. Eventually, a sacrificial whale will sell their bitcoins at a huge price spike and then the whole crew will start dumping at that price making a profit.

ranman09

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Quote from: darkangel11 on August 17, 2018, 09:55:21 AM

You want the technicals, the fundamentals, or the conspiracies?
From the technical point we have reached the top at 20k and stopped there forming a double top, which should be a sell signal. A dcorection was long due, so we were supposed to go to at least half of the slope, which was 10k. There was a chance to defend it but we had some Korean exchanges hacked, Binance kicked out of Japan, bans in India, and so it went...

Fundamentals are calling for a bounce back with lightning network expanding, CBOE launching an ETF, and many other things, but the decision was postponed which caused the recent crash (IMO it was a completely dumb and emotional reaction from the market).

Conspiracies? Too many and too irrelevant to waste time explaining.

So 1/4 of the fall is all about market emotion and reaction. I believe large buyers or whales are now silently accumulating. If the market's sentiment is still down, then why the market price doesn't go down even more.

reality18

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Who said Bitcoin has fallen? Bitcoin began as nothing and now selling at $6500. This is a miracle and we should learn to give credit to this revolutionary technology. The movement has never been a smooth upward rise since its inception yet it is making a cumulative rise in price and value gradually.

Wipangga

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I think Digital Asset Trading is a high-risk activity. Digital Asset Prices are very unstable, where prices can change significantly over time. Please use extra consideration in making a decision to buy or sell Digital Assets.

AMLBigtime

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I don't think this is the end of the crypto market. There are coins like AML BitCoin that are just starting their journey. This coin will make it to the number one spot as this coin cannot be hacked and is compliant with AML and KYC.

thenameisjay

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Quote from: hidden_legend on August 17, 2018, 08:33:10 AM

Hi Friends,
What are the reason behind Bitcoin and whole crypto market fall.
Is this SCAMS or SPECULATIONS???

Few days back I read news about a big Bitcoin scam busted in Gujarat state of India.Its approximately $314B( INR 22000 Crore).
Also every day news came from different parts of world about same kind of scams.Are these scams also responsible for crypto market fall and halt growth of this new technology???

****Note(02/09/2018):- Hi Friends,
Thanks for the discussion.I just want to clear few points that I never call Bitcoin a scam.I am just highlighting a news published in a top most news paper of my country.Bitcoin is used to scam people by BitConnect.Latest update about this scam is much more money involved.
From that news following points came into light:

1) A big chunk of money disappear from market because scammer run with that money.
2) The investors who already invested never think or maybe hesitate to invest again.New investors if came across this news try to avoid this market.
3) Because of these kinds of scams RBI and Govt. of India try to restrict transactions related this market which intern affect this market.
I read same kind of scam cases came into light from different countries like Indonesia, Malaysia,Thailand, Japan, Canada UK etc....

I also read a news that many prominent crypto exchanges and crypto personalities joining hands to ride out these kind of scams.I hope they will succeed in their mission.

More over this post is not to panic any one but to discuss and spread awareness about this new market.

My good guess is that people, newbies and whales a like, have unloaded their bitcoins to the market since they've made profit already during the spike of 2017. The price went down to $6,000 now because the this is a break even point for every investor who bought last year.

thankyoulord

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Are there other main reasons behind the high volatility, the spread rumors and the blind and emotional predictions. All these are pulling factors that see to the fall of Bitcoin. When a growing system is plagued with such ailments there won't be speedy growth. The rate at which bitcoin switch price scares a lot of traders and investors. It doesn't store value and can cost investors money when it finally happens. In the other hand, rumors cause people to panic and prematurely make some decisions that affect the global market at large.

KenChanYu

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Quote from: jtrapirap on October 11, 2018, 05:50:33 PM

There might be few reasons regarding cryptocurrency market fall like the banning issues and regulatory threats on some countries on crypto itself. Other bad news also bring negative impact to the crypto market such as scam ICOs, postponement of approval of Bitcoin ETF, technical issues on the technology itself such as scalability issue and few others. Well I guess, this would be temporary and the market will recover soon.

Its an appreciable idea mate, it is difinitely been the issue of cryptomarket downfall. In addition, the lack of demand may also be one of most reasonable issue behind this bearishness, which can affect on bitcoin's collision and all currencies in the world of crypto. We must be very more careful sharing ideas and informations to evade on making a fuss FUD that may lead some people on negative motivation. But we have to show dauntless courage by fighting this battle and claim the great bull run as we aim.

jobukegoya

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Quote from: larrylegend33 on October 11, 2018, 08:02:04 AM

I think no one can really understand that. I don't. Last 5-6 days the market got bulled and price were high. In my wallet i had like %20 raise. But from last 15 hours i lost like %25 with all my coins. I believe that it is allowed with the money. Big money and coin holders can change the market with buys/sells. The main thig is you have to know exact time to buy and sell. But it is too hard to do it as well..

Huge pressure on bitcoin makes the price of bitcoin slowly corrected to a realistic price, after making a scene when the end of 2017 touched the price of 19,000 USD. After that the price tends to decline until now in the range of 6,000 USD. I think the price is now good for bitcoin, because it keeps away from speculative attacks that pursue short-term profits, without considering the impact on the future of bitcoin.

jtrapirap

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There might be few reasons regarding cryptocurrency market fall like the banning issues and regulatory threats on some countries on crypto itself. Other bad news also bring negative impact to the crypto market such as scam ICOs, postponement of approval of Bitcoin ETF, technical issues on the technology itself such as scalability issue and few others. Well I guess, this would be temporary and the market will recover soon.

Qurelal

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The impetus for the fall in the value of virtual money was that the US Securities and Exchange Commission postponed the decision on Bitcoin-ETF - the Bitcoin Exchange Fund. The approval of such funds would mean a wider acceptance of cryptocurrency by the US regulator.

Ezenwanyi

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Personally, I think cryptocurrency has not fallen rather the market is not stable.... which is not news by the way.
Although, the instability of the market can be caused by some many factors, some of which are:
Unfounded rumors, government interference, weak hands panic selling at a very low price etc.

slarsum

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For me it would be the fear of some people about anything political or economic that can affect the market and the flw of bitcoins in a certain country or market. because we all know that bitcoin is not yet fully accepted by most governments and companies. so yeah it would be a reason why bitcoin prices falls

A.H.Rassel

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For me, I imagine that there are numerous reasons why bitcoin value drops. First is fack news, the panic sells that the cost of bitcoin is quickly changing. Second is the untrust that influences the free market activity and investors sell their bitcoin at the cheaper price. I propose that before putting resources into bitcoin, examine first about bitcoin, for you to know about it, and for you to comprehend what's best to do when the value drops.

Eraldo Coil

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Actually l, I don't call it "fall" because i know that this is just normal. The movement of its price every minute is just normal. Maybe if you ask me reasons behind the unpredictable movement it is maybe because of the users itself. Each investors wants their suggested price to be bought or sold so that's how it merely increase in a big amount.

Manuel05

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Quote from: yaayaa on October 11, 2018, 11:23:27 AM

I believe every business has risks and benefits.Bitcoin is unpredictable, volatile and it's price keeps changing that is the reason behind it's fall.

Well this is true, the down side of Bitcoin is the unpredictable nature but one can't really understand or predict why the market is really back.
Early this year folks say it's because of China and USA speculation about not accepting Bitcoin, i will say with a fact that the market will rise whenever it will happen.

Topic: Reasons behind Bitcoin/Cryptomarket fall??? (Read 2112 times)