What caused all the price drops? - page 15.

#dhabitamartha

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Quote from: wklt2002 on December 23, 2017, 06:04:56 PM

Almost all the altcoins (and bitcoin too) went down alot yesterday. Does anybody have a clue what caused this major drop?

this is a market and many users play big investors or dealers and this also affects the weakening dollar and this unstable market affects bitcoin.

muathuvang101

newbie

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The level at which the prices in the market were when this topic created is not as alarming as what is happening now. But I believe it is the market forces that are in play, the market will be stable again

Fasdartin

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Quote from: shone08 on June 01, 2018, 05:35:41 AM

Quote from: Tapyaks72 on June 01, 2018, 05:32:50 AM

Quote from: Gabb on December 23, 2017, 07:46:01 PM

Everything that surrounds this market is mere speculation, so it is difficult to find a definitive justification for this fall. I've heard all kinds of arguments, from Christmas shopping to the hack of some exchanges and things like that, but since the bitcoin became the property of great whales, they can play with the price of bitcoin in the way that best suits them to keep the money from us small fish.

Any negative event will affect the price of bitcoin even though some of it is just speculation but it contribute to price lowering down, we don't know who's behind these either it is true or just an speculation I believe that every event there are always an opportunity and still there are who get benefited out of it.

This is right theres a lot of fake news / and badnews that spread all over the world that give impact to the price of bitcoin and altcoin, considering also the price correction happen in december 2017.
Still hoping this coming 3rd quarter the price go back to $10k and continue until reach the ATH.

the price of the cryptocurrency has dropped significantlybespecially over the last 24 hours. a week ago with this all cryptocurrencies are seeing huge drops while it isn't clear why bitcoin price has dropped so quickly, it isn't the value of the notoriously volatile cryptocurrency has fluctuated unpredictably all. its has been claimed that they can cause it's value plummet.

owlman

full member

Activity: 602

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In the market, the crypto currency can not be a constant growth or decline, so this situation is the norm, and we should use this by buying the coins we are interested in at reduced prices, since after the reduction there will necessarily be a rise in prices.

shone08

sr. member

Activity: 602

Merit: 262

Quote from: Tapyaks72 on June 01, 2018, 05:32:50 AM

Quote from: Gabb on December 23, 2017, 07:46:01 PM

Everything that surrounds this market is mere speculation, so it is difficult to find a definitive justification for this fall. I've heard all kinds of arguments, from Christmas shopping to the hack of some exchanges and things like that, but since the bitcoin became the property of great whales, they can play with the price of bitcoin in the way that best suits them to keep the money from us small fish.

Any negative event will affect the price of bitcoin even though some of it is just speculation but it contribute to price lowering down, we don't know who's behind these either it is true or just an speculation I believe that every event there are always an opportunity and still there are who get benefited out of it.

This is right theres a lot of fake news / and badnews that spread all over the world that give impact to the price of bitcoin and altcoin, considering also the price correction happen in december 2017.
Still hoping this coming 3rd quarter the price go back to $10k and continue until reach the ATH.

Tapyaks72

member

Activity: 490

Merit: 28

Quote from: Gabb on December 23, 2017, 07:46:01 PM

Everything that surrounds this market is mere speculation, so it is difficult to find a definitive justification for this fall. I've heard all kinds of arguments, from Christmas shopping to the hack of some exchanges and things like that, but since the bitcoin became the property of great whales, they can play with the price of bitcoin in the way that best suits them to keep the money from us small fish.

Any negative event will affect the price of bitcoin even though some of it is just speculation but it contribute to price lowering down, we don't know who's behind these either it is true or just an speculation I believe that every event there are always an opportunity and still there are who get benefited out of it.

richman3451

jr. member

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I think that here bitcoin exerts its influence and for its fall all other coins also fall

azzag0000

jr. member

Activity: 238

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at the end of the year many people may consolidate their positions from the previous year, as well as cashing in some BTC for gift and holiday shopping. they have to pay a lot for everything in this period. Therefore, people sell crypto currency.

vuithoinha

newbie

Activity: 196

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Sharks investing in the previous stage to pump all the coin prices, they are taking profit is natural. The market has increased. Sharks can not just pump money for you forever. If you wake up to swim with them, you can survive. Grin

Hube950

newbie

Activity: 114

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this post was in Dec 2017 but in May 2018... Its applicable. The prices in the market have critically dropped in the last two weeks which is affecting trading currently. I hope things change for good in the coming weeks

lalatao71

newbie

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All other altcoins were affected since the leader in the industry which is Bitcoin I think is one factor that dictates the drop or growing of prices. As it fluctuates all other else also fluctuates.

nana2955

newbie

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I think there are many factors that make altcoin and bitcoin the price down. not just a factor from within the altcoin developer, factors from the outside can also affect.

An0nyMoose

sr. member

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Sometimes the price drops can be due to a lot of negative news circling around. FUDs can cause price drops by making people sell off their coins which can affect the price of the coins. Sometimes, it is just one of those normal movements by the market which is not caused by anything other then the market staying through to nature. In this case, that project is volatility.

biogesic

jr. member

Activity: 168

Merit: 9

It's natural behavior of the market, up must go down. The good thing about it is you can buy at cheap prices again for a forseeable rise in the future.

leynylaine

member

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Some of the main reasons why price drops are a thing right well basically people these days are panic selling. Those investors doesn't know how volatile the crypto is and I think many investors wants to lessen the trend of crypto.

raymart0720

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Quote from: wklt2002 on December 23, 2017, 06:04:56 PM

Almost all the altcoins (and bitcoin too) went down alot yesterday. Does anybody have a clue what caused this major drop?

if you know what whales means in crypto currency world you probably know why the price goes ups and down / pump and dump..
they create a huge volume of selling points and also false rumors that drives small investors US to pull out resulting to price surge dips hehehe.
that is what I know all much now how price pumps and dumps

mak2017

full member

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It might be because bitcoin hit 20.000$ many people jumped in with feeling that the rally will go on, but as we all know nowadays Hedge funds, financial institutes and brokers are more actively looking into cryptomarket, buying crypto exchanges to bring more money into the market legit way.
To bring more money they need better, lower price which was achieved by shaking off a lot of people, also lowering the global trend in cryptocurrency for the last 3 months.
Now media is talking how great bitcoin is again, and it's a good time to buy it. This means only one thing - cryptomarket is still very small and could be easily manipulated with fake news making a lot of people believe in them and sell in loss, dropping the price even more.

MiF

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Quote from: ipanks on April 22, 2018, 03:26:01 AM

the one reason that caused the price drops are only panic from the people with one news or more and they think that all coins will scam them or all coins cannot survive and help them to make money. we can see that from the last December, after bitcoin and all coins reaches the highest price, one news contains the prediction about the cryptocurrency and every people getting panic and start to sell their coins. and if they can hold themselves from this bad news, I think that the price won't go too deep and will stay at the $10k level of the price.

As for me, the huge panic selling from those long term investors really affected the price to crash. And to speculated why it happened though, yes it was rally a massive price manipulations from various holders who've put up their money in cryptocurrency. These people spread rumors also and paid for FUD or participated with fake news sharing. Definitely the people will tend to lose control and lose their faith with bitcoin.

Muzika

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The main cause of downfall of the price is the selling of the investors of their investment maybe because they want to control the market because if they sell the market will be red and the is also the time they will bought coins for investment again.

ipanks

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the one reason that caused the price drops are only panic from the people with one news or more and they think that all coins will scam them or all coins cannot survive and help them to make money. we can see that from the last December, after bitcoin and all coins reaches the highest price, one news contains the prediction about the cryptocurrency and every people getting panic and start to sell their coins. and if they can hold themselves from this bad news, I think that the price won't go too deep and will stay at the $10k level of the price.

Topic: What caused all the price drops? - page 15. (Read 2704 times)