Reason is that FUD are still here, so much fake information that lurking around the net thus it makes people panic that result in dumping their coins. If all the FUDs will get cleared after 2018 we can expect a healthier and Good market, but i think it will hard to happen.
People will always panic for no reason anyway and you would not blame them, most especially, let's face the fact that traders are more like the market makers and if a huge dump is going on in the market, you would not expect them to keep looking and not take advantage of that. So far, bitcoin has been down for so many reasons that is going on but the major one coming from Kobayashi and if you Google that name, it would ring a lot of dumping bells on the internet. 
Topic: What do you think about this? - page 2. (Read 436 times)
Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
The news flying around presently now is the MtGox trustee dump on the market. https://www.coindesk.com/mt-gox-trustee-sells-400-million-bitcoin-bitcoin-cash/ It is crazy how he would try to make such an infuriating attempt on bitcoin and it is good he got noticed beforehand after selling a whole lot already and much more to sell. So far, he has sold bitcoin worth about $400 million and still more in billions to sell. That dude is cruel! Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
FUD becomes the biggest factor of falling bitcoin prices. this is very reasonable, panic and perverted grievances that occur to make panic sell simultaneously occur so it is very clearly visible difference in the fall of the price of bitcoin
There are multiple things causing this. the SEC signaled that they would regulate exchanges (not really a big deal). Binance had a security breach (fixed) and MTGOX trustee has been dumping BTC on the market (continuing). People are still bullish in the long run but I'm sure we all want to see how low the price can go..so people are waiting to buy. If it hits 6K again, it will shoot back up I think.
IMO maybe panic selling from weak hands. Due to some negative news nowadays from CCN wich there will be a hard fall of price. But i don't believe on it because 2k is a worst dip ever and it's impossible i think. And it seems a false news from the fuds. Don't trust on it mate just keep holding let those weak hands regrets after.
In my view there are two reasons why the price drop, which is from fuds that always spreading fake news to manipulate the price in the market. and from those weak hands that always panic selling when the price fluctuate. And that's why the price always fall dip because of that two cuases.
Lately an issues from mt gox funds was sold that it added in the price these days of bitcoin and altcoins drops so huge. Also other fuds contributes in the market that drops that others in panic selling. Many issues contributes in the market of not so good hence, being patience to hold can do better in the future. Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
There are a number of reasons and they are pretty well known.
Binance was exposed.
Mt Gox funds were sold to the market and contributed in large parts to the previous dips.
Japan (you hinted at this) is imposing some stricter regulation on exchanges and forcing some to shut down until they have better security measures in place.
US rulings around cryptocurrencies functioning as securities and needing to be regulated as such by the SEC.
Try to use your brain before making up some stories. What is the OP talking is back to 3 months, what Binance has to do with it? the hack? Binance sell-off was from malicious trading bot...
Japan isn't imposing strict regulations, you just repeat the FUD you read on the internet without knowing what's going on.
Japan like the SEC is just asking for improved exchange security
I think you'll find that's exactly what I said so maybe you need to learn to read a little better instead. At the time of writing it was unclear what exactly happened with Binance and that's why I said nothing more than that it was exposed, this definitely contributed in part to the fall in bitcoin price.
Probably fake news, people panic selling, people selling for profit then buying back when price is low.
This is not a fake news yesterday it was sudden dump is happen in the market. All the peoples are hold the investment only Mc Gox sell the 400 million in one transaction it is totally collapsed the crypto market. It will again raise in very soon so all are waiting to keep hold the investment this is the only way in current situation.
In my view there are two reasons why the price drop, which is from fuds that always spreading fake news to manipulate the price in the market. and from those weak hands that always panic selling when the price fluctuate. And that's why the price always fall dip because of that two cuases.
Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
Nobuaki Kobayashi, a Bitcoin whale, tweeted that he sold almost $400 million worth of Bitcoins in last 6 months. Added to that, the automatic trading APIs on Binance were manipulated which resulted in selling of altcoins from people's accounts and bots automatically bought VIA coin. This resulted in the rumor of Binance hack which in turn brought the negative sentiment and hence a FUD. Since, it was all rumor and charts were showing bullish signs, Bitcoin will recover back.Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
There are many factors that are the reasons of these kind of drops starting from the manipulation of Media. The latter plays a big role influencing investors or the public's opinions. If they want bitcoin to fall, they can achieve it easily by posting articles that talk about the bad effects of bitcoin, they also can resort to famous people or experts so they can talk shit about it.
Added to that statement, many governments banned mining bitcoin or the exchange. And that has a big impact on the price as it automatically drops. However, the good thing is that bitcoin always regain power because its has many supporters.
Added to that statement, many governments banned mining bitcoin or the exchange. And that has a big impact on the price as it automatically drops. However, the good thing is that bitcoin always regain power because its has many supporters.
Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
It not just Japan. Many other government for different countries are trying to suppress the trade of bitcoin and other crypto currencies by impose strict laws and regulations. Policies are being used to limit the trade of crypto currencies. China is now blocking access to sites related to crypto currency trading. All these are causing troubles to crypto currency, hence the price is falling. Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
That is a fake news and we do not have to rely on that. The price dropped because of these type of fake news and people do not search and start to sell panic which make them to lose a bigger amount of their capital. Japan do not make any sanctions on any exchange or any user of bitcoin because it si a legal tender in Japan and they favor bitcoin on a state level. Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
Generally the news is right when it was read from reliable sources and resonable, if Japan applied sanctions to some crypto exchanges, obviously the price of Bitcoin and the altcoins depended upon Bitcoin will decline. Because, the use of cryptocurrency will be prohibited. Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
Several negative news appeared at once. Then you and the news from Japan that the regulators suspended the work of the two exchanges and the panic around the hacking of the Binance Exchange and the sale of Mt.Gox bitcoins by 400 million.
Not fake news at all. It's all really happening, the sec regulation, the japanese regulation, the mt.gox sell off, these affected the market largely.
It may not be fake news, but the thing with fud is that the reality gets twisted in order to make something quite normal look negative. Most of the crypto related news sites aren't shy of such practices to make their articles stand out and attract clicks. From everything that has been marked as bad news lately, only the MtGox coins being pumped into the market is what I consider to be a short term obstacle for the growth. The price reflects exactly that, because as we speak, the short term demand isn't strong enough eat through the supply that's being pumped into the market. However, important to understand is the fact that the MtGox coins should have never been sold through regular markets. Regardless of how far we are in crypto in current days, nothing will be able to withstand so much constant selling pressure. The idiots over in Tokyo should have sold these massive batches of coins through OTC markets.
Bitcoin collapsed down by as much as $ 1000 per hour and a similar reaction for the other altcoyins followed. What are the reasons for this is not yet known. Most likely the general unfavorable news flow.
Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
Some information says that there is a hacking exchange so that public confidence decreases and result Bitcoin price has decreased drastically. But do not worry because the price of Bitcoin is back to the positive treck. Some rumor news has also affected the price of Bitcoin over the past 24 hours. I am a little worried when we all easily believe in information that is not yet clear, because sometimes this situation is often used by people who are not responsible and only aimed to gain profit only. Applying sanctions to several crypto-exchange exchanges in Japan (until closing).
Probably fake news, people panic selling, people selling for profit then buying back when price is low.
Not fake news at all. It's all really happening, the sec regulation, the japanese regulation, the mt.gox sell off, these affected the market largely. The alts are in a way dependent on btc price, whether it goes up or down. Btc moving sideways is the best scenario most of the time for alts here.
Rising and falling bitcoin price is common, I am not sure the people still getting panic and selling their bitcoin In the low price because all we know bitcoin price down more than 50% before but bitcoin can recovered in a few weeks. When the price down of course many people Will buy bitcoin and when demand of bitcoin increase, the price Will rise.
Probably fake news, people panic selling, people selling for profit then buying back when price is low.
That is happening often. Billionaires often abuse the news to scare investors with little experience. That would cause them to lose all their assets or lose a lot of money.So investing in altcoins is really risky, we should be careful about the news related to cryptocurrency. When I realized the truth, I dared not invest in long-term altcoins anymore. Instead, I invested in short-term and made less money, but more secure for my assets.
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