Topic: What is the cause of the market downturn? - page 3. (Read 744 times)

It seems to me that many factors have influenced the value of the crypto currency. Statements by regulators, hacking of exchanges, prohibition by banks of buying cryptocurrencies and others. All this news background fuels distrust of the crypto.

There are lots of theories regarding the reasons as to why the market is in the dip end but i think its just the forces of demand and supply comming into play and the fact that the crypto market is volatile and uncontrolled only makes it worse.

Yes, South Korean market crash may be the reason for the downturn in the market.

There are lot of reasons but i think that two major reasons are very important.
one of the main reason are hackers. They hack BTC from some exchanges and involve dumping and as result market goes down. The 2nd main reason is Korean community.

There can be a lot of reasons why the downward trend is observed in the market. This isn't just due to one country banning btc and alts alone, there were also citizens in that country that sell digital assets to other countries due to banning of transactions in their own. This same is true with others that ban crpytos in their soil.
Also there are those manipulators from the market, that can decide which goes up and which goes down.
There are a lot of factors at play.

There are two bad news in last two days simultaneously and it make huge bearish impression on whole crypto market and it will take 10 to 15 days to recover from this downturn

Do not be so simple - banksters have bought all exchanges and can print any amount of Tether... All tools to manipulate the price - and BTC should be dumped at 1000$ cause big money want to come in.

They have a lot of reason why crypto's market downturn today, the first one is the increasing regulatory of cryptocurrency exchanges because many attempted hacking of traders to be more secured. Read more about this.

What Caused The Recent Cryptocurrency Downturn
https://www.forbes.com/sites/outofasia/2018/03/05/explaining-the-dip-what-caused-the-recent-cryptocurrency-downturn/#4c9c39b45ccd

Many speculations that turned out to destroy crypto reputation are the reasons why many are skeptic about this market. Those investors that got in and now starting to feel skeptic are now adding to the force that was created by the whales. This is whats happening, whales are selling, small investors are selling to demand is becoming low = price low.

The current situation on the market was due to a number of reasons. Chinese New Year, A number of large banks stopped accepting payments for crypto currency using credit cards. Some governments around the world have opposed the Crypto-currency. It is also necessary to take into account smaller manipulators, which cause panic among investors of crypto-currencies.

Peoples are selling and they turn investing in the cheaper coins, so some new and cheap coins rise their price but the main coins all are at the bottom and have chances to fall again.

Downturn?

It's a combination of factors.

1) Crypto Scams. Someone buys a coin that is essentially an elaborate scam, gets ripped off and tells someone. That news spreads. Then another victim and another victim and that puts a bad taste in one too many mouths.
2) Media hype and media scares.
3) Exchanges that are making money off investors by slowing down transfers, adding fees and pretty much screwing around for the highest possible payout. This can also be holding funds, placing extreme holds on deposits so that the depositor misses out on a price value etc. Other times it's the trading price of a coin 5-10X the actual legitimate price on other exchanges also blocking out deposits of that particular coin to keep others from benefiting off of this "in house" price manipulation.
4) Massive sell offs back to fiat
5) Too many coins coming out at the same time meaning the funds between coins are being spread too thin. Too many people have diversified their coin collections into the hundreds of coins which has caused some noticeable drops on the main coin's value. The reason that's also happening is that coins that typically are traded against LTC and maybe Doge markets are now being placed in the BTC markets. So people are trading more BTC or ETH for these alt coins yet are essentially cause the value of both BTC/ETH and the alt coin to fall. it's a vicious cycle. Example: Ethereum based coins. You'll notice strong sways in pricing over the last month as more and more eth based coins hit the market. People sell their ETH to get a particular coin ultimately dropping the price of ETH, panic and sell back at a loss on both ends.
6) ICO fraud and scams being exposed.
7) Airdrop scams

"downturn" are everywhere, even not include crypto. most of all projects are facing a downturn. this is from the people who wants to believes on their own, and other people are switching to the most better one. but for me it is not takes too long, just hold and believe what you believing for and soon all thing will be fine. dont bother for just this dip because crypto is for the long term and not for the short term.

There are many reasons for the obtained downtrend. Global international news from Google, China, India and etc.
Also  statements of the governments of some states about the legalization of cryptomarket (and, as a consequence, the establishment of control over it, which can lead to centralization) acting on prices.

It's because fud from Japan, reportedly two Exchange will be stopped.

Yes, I am very disappointed with this and I have predicted earlier if Japan act then it will be big consequences.
Nothing can be expected right now and it looks like we're going to retire for a while 

There are bad news coming regularly from south korean market to Indian minister statement and then Facebook advertisement ban to twitter ICO hashtags ban. We need to be patient.

I am suspecting the Easter holiday to be a key factor affecting the crypto market recently, apart from the various bad news we heard about facebook, twitter and google ads bans. When i checked CMC just now it is turning green all the way, nobody can tell what will happen the next minute because there are prices suppressors every where around us.

Cryptocurrency market really down.... Yes. Supply is possibly more than Demand thus the downturn. People are supplying (selling) out of  fear possibly because of some regulation news about cryptocurrency. This time of dip is indeed a good time to buy.....which intelligent investors are doing.

after south korean market came again ban from india, then in followed by facebook, google and now twitter. well, now it has come in all over the ban from internet giant. I think what happens to this ban will have a big impact on the market slump. but one thing that will happen after this passes. bitcoin and other crypto will grow back. let's wait what will happen later.