What caused all the price drops? - page 8.

coins4meh

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Quote from: apirmalakas on August 17, 2018, 10:02:54 PM

This huge price drops are because of the major manipulation happening in the market today. Also, these manipulations are being used by whales to take profits from small players and to maintain their dominance over the market.

I believe so too. If you look at what happened yesterday, many alts were in the double digits price appreciation, some like Nano even went up 50%. If you did some research you realised there was no big announcement, no key event, nothing.

It is believed that some bigger players use trading techniques that are illegal in other markets to manipulate the prices.

Netcave

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Quote from: wklt2002 on December 23, 2017, 05:04:56 PM

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

I think, one of the reasons why Bitcoin and Altcoin fall is because their prices are so high, not many people can reach, so people choose to throw it away because they want to get money and they don't want to go back if the situation is like this.

apirmalakas

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This huge price drops are because of the major manipulation happening in the market today. Also, these manipulations are being used by whales to take profits from small players and to maintain their dominance over the market.

bidbud

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there are many factors that cause prices to go down, one of which is the large number of ico projects that are spam and the many fictitious companies that cheat their investors ,,

Kreks

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Quote from: wklt2002 on December 23, 2017, 05:04:56 PM

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

In my observation, what causes all prices to fall in the market is negative information about crypto. Governments in some countries cannot accept cryptocurrencies, and that is why it may also affect prices in the market. Recognition from the government will be very good for the continuation of crypto.

handyhuman

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Quote from: wklt2002 on December 23, 2017, 05:04:56 PM

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

this is cause by the bear market period,I think that the price reduction has led to the fact that bitcoin is falling as the new year is coming .There are many reasons for Bitcoin currencies to fall sharply. but things will get better

Fantina

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Quote from: Bet9ja111 on August 17, 2018, 04:36:54 AM

All the price of coins in the cryptocurrency world are dropping right now and it is causing panic in trading well from my personal view I think this is cause by the bear market period but things will get better

Either way, things will get better. People are a little afraid, but slowly begin to buy cryptocurrency that will provoke its rise, as the new year is coming and then the cryptocurrency will breathe easier.

kalashnikovski

member

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Its questions for every time. People who have a big capitals main in this system and they to have control on the market it's my opinion. Not so a lot people but the to have influence on the market. The news, bills - its secondary things.

Bet9ja111

newbie

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All the price of coins in the cryptocurrency world are dropping right now and it is causing panic in trading well from my personal view I think this is cause by the bear market period but things will get better

Impossiblehangman25

newbie

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The cause why the prices drops because of the people that sells their coins, so the platform will drop there prices to stop the people to sell their coins and buy instead, its just give and take.

gempil

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Crypto is a technology that is very sensitive to the news around it. If bitcoin has decreased, the altcoin will also decrease in price. With the circulation of negative news about crypto and bitcoin, it has a very negative impact on the altcoin. In addition, the decline in market prices is also caused by cycles, crypto is entering a cycle where it is decreasing after creating a new record.

toplikop

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What we see as of now observe is a remedy that is being made in the crypto showcase, now BTC is getting balanced out at $8000. There are different components that caused the value drops which incorporates, FUD from media, Asia Ban and the sky is the limit from there., But this is the opportune time to purchase and make a benefit out of it in the forthcoming months!

ronics

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Maybe that's because it's a day of grace and a New Year that is easy to come up with. They provide others with their bitcoins to earn a fiat of money so they can buy the things they should have to really need to get them on Christmas day in the coming months. Perhaps some news stories are also affected by bitcoin prices and because a bitcoin crashes, most or all of these coins are really falling down just as other altcoins are at the same time as the bitcoin price.

jackmoon

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The market has come to the most critical moment. Perhaps the fall will become the norm and remain until the end of the year. The price of coins has almost halved in a week.

tredingaltec

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up and down in the cryptocurrency market in my opinion is a very natural thing

coins4meh

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Quote from: Agapelove on August 10, 2018, 07:00:33 PM

Bitcoins has started climb up on July when the ews came out that SEC is postponing its decision about ETF.

Many investors are in favor for this ETF. The postponement might seem that the SEC is thinking twice on this matter. Investors thinking that SEC might see something against it so they need to review again the case.

Yes I also think the SEC decision not to make a decision has been the reason for this drop, it is really a shame. It looked very positive the days before, many people talking about new bull run and now everything over again...at least for a while

Agapelove

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Bitcoins has started climb up on July when the ews came out that SEC is postponing its decision about ETF.

Many investors are in favor for this ETF. The postponement might seem that the SEC is thinking twice on this matter. Investors thinking that SEC might see something against it so they need to review again the case.

terkapar

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Quote from: wklt2002 on December 23, 2017, 05:04:56 PM

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

no one knows why the price of coins has dropped, there is a lot of obscure news out there. I just think positively that the price slump is normal, because after this there will be a tremendous increase.

JCLee

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There are many causes for all cryptos to drop. But the main reason for the drop was the negative news that affected investors' sentiment, leading to panic selling. But the fall in exchange rates at this time is only temporary because the exchange rate of the cryptocurrency market will probably increase shortly. So we need to calm down and continue to wait for positive signals from the market.

FIREBALL24

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Xircus

Quote from: xDispeLme on August 10, 2018, 06:17:00 PM

I think that the price reduction has led to the fact that bitcoin is falling. and it has a huge impact on the market.

Yes, bitcoin price are affected those discrimination and thoughts by people in which it can also lead to affect the other coin because they are depended in one's market.

Topic: What caused all the price drops? - page 8. (Read 2739 times)