Reasons behind Bitcoin/Cryptomarket fall??? - page 3.

northcoin2018

newbie

Activity: 89

Merit: 0

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 price falling is not new actually it is a trend all ready here in bitcoin you should know when to play your cards properly because the price could go up in certain unexpected moments and when you were lucky and observant enough to catch this moments you are indeed a fortune maker even in a slit of seconds.

Wangbo28

newbie

Activity: 24

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One of the reason why crypto market still falling because there has been a lot of hype lately but that's normal and also People are selling cryptocurrencies to cover personal expenses at the end of the year; that drove the beginning of a negative trend that the media picked up on and was exacerbated.

fosco333

full member

Activity: 1260

Merit: 100

Well, if you ask about the reason behind its falling, many factors have take a part in the falling of crypto market.
Some peoples with huge amount of coins could have selling their coins in a large amount, in other words, dumped it.
Plus the ETF waiting approval in SEC decision maybe one of the factors too.

Brightcrypto

newbie

Activity: 105

Merit: 0

Bitcoin price has been fluctuating to raise up to a higher price like wise other Crypto Coin in the trading platform.
Therefore Crypto really need more investors towards the community for a better standard of demand and supply towards the factory.

Dmitry.Vastov

hero member

Activity: 840

Merit: 520

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.

All the crypto currencies are the great investment of the present times and thus now there are more people in the world who are investing into these crypto other other than other kind of investment and apart from being a kind of investment they all are volatile in nature and thus there valuation keeps on flactuation with time according to market demand and supply, as there is now more negativity of bitcoin so there is less demand of bitcoin as people are fearing in investing in crypto and thus leads to decrease in valuation but still there are assumptions that the valuation of these crypto will increase in coming months of this year.

Nnedaddy1

copper member

Activity: 294

Merit: 1

The reasons are not far fetched ....ranging from
Spreading of fud.
Unfounded rumour.
Big market players factor.
Government rumoured interference.

Checkoi

jr. member

Activity: 154

Merit: 1

one and most important reason is the manipulation of whales in our market with you and just this reason and pulls the whole market down

Charlessy

newbie

Activity: 31

Merit: 0

Quote from: Legwist on September 02, 2018, 12:38:56 AM

In my opinion one of the reason why cryptomarket fall is ourselves the owner of the crypto. We too sensitiv with news that exists, so it appears a little bad news about crypto we instantly panicked and chose to sell our crypto. So from now try to learn to think positive that world crypto will persist in the future.

I agree with your opinion, the crypto market fell due to negative sentiments from various parties who disliked bitcoin getting bigger. Bitcoin can be a currency that is used throughout the world because of its simple way of working, peer to peer, the role of banking is declining, so the government cannot control the price of bitcoin. So a lot of negative sentiments were exhaled so bitcoin holders panicked, then sold at falling prices.

Janation

hero member

Activity: 1722

Merit: 528

Quote from: hadibeabi on September 01, 2018, 07:41:16 PM

Both affect this situation. Constant scam icos and supershots. In fact, the operation of infiltration into the pool, the project of whales, is ongoing. I hope the bitcoin will rise again.

Bitcoin will rise again, that is Bitcoin since Bitcoin is a cryptocurrency that is so volatile. Some of the movements of the price of Bitcoin should not be minded since most of them are just the effect of it being a volatile and a decentralized cryptocurrency.

The price of Bitcoin is always happening in these -BER months and I hope it does it like how it Bitcoin done it in the past year where it really passed our expectations and reaching another ATH that is so unbelievable.

jessica1285

newbie

Activity: 7

Merit: 0

Normal correction, the deeper the correction the greater the growth in the future .

Legwist

newbie

Activity: 180

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In my opinion one of the reason why cryptomarket fall is ourselves the owner of the crypto. We too sensitiv with news that exists, so it appears a little bad news about crypto we instantly panicked and chose to sell our crypto. So from now try to learn to think positive that world crypto will persist in the future.

Lexurdania

member

Activity: 840

Merit: 10

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???

I am believe bitcoin scam in Gujarat is not real bitcoin. Some peoples scam others using bitcoin name. I think in any market, when market growing people will tend to speculate and hoping make profits from that speculation. Its very usual market volatile because some investor want to speculate on the price and some people want to invest for long term

hadibeabi

newbie

Activity: 84

Merit: 0

Both affect this situation. Constant scam icos and supershots. In fact, the operation of infiltration into the pool, the project of whales, is ongoing. I hope the bitcoin will rise again.

tekhesaplar

newbie

Activity: 84

Merit: 0

Scam projects are decreasing bitconin reputation. But the cause of the big think of bitcoin, people at the peak of the bull season, invested.
Then it is lost.

AfterHot542

newbie

Activity: 75

Merit: 0

To me the main reason is google ban crypto and bitcoin and it fall deep impact on the people because almost every people trust and use google.

Ale88

legendary

Activity: 2380

Merit: 2369

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???

The problem is not this bear phase, the real problem was the insane bull run during last winter, it couldn't be something normal, it was out of control, so clearly we had to expect something like this.

KagiSama

newbie

Activity: 154

Merit: 0

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???

in my opinion, bitcoin price fall caused by many things, such as a scam, hack, and also blocking of large countries such as China and the USA. but in my opinion the most influential is scam and hack. not a few people lose their tokens and coins due to lack of security in exchange or because of their own negligence, this causes fear and reduces investor interest in investing.

Bakugan

member

Activity: 260

Merit: 28

Look ARROUND!

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???

I think scam is one of those reason that makes bitcoin fall, its really hard to determine who is scammer is that is why we need to be aware of everything. I think there is more specific reason behind the bitcoin fall.

Lankabc

newbie

Activity: 95

Merit: 0

I think reason behind bitcoin, cryptomarket fall is uncertainty that occurs in the market. no one knows that bitcoin price will move due related news. so bitcoin is taking its time. once the uncertainty goes away, Market will started to move up. I wish If bitcoin goes back to $3000. Then people who they should buy BTC. Then market will rise rapidly as bull run starts.

Bugcoin5

newbie

Activity: 210

Merit: 0

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???

I think Cryptocurrency prices are dropping mainly because of a lack of confidence in the market and also the Wall Street Journal released an article about the price fixing investigation that caused a major sell-off.

Topic: Reasons behind Bitcoin/Cryptomarket fall??? - page 3. (Read 2112 times)