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Topic: What started this bear trend? (Read 700 times)

newbie
Activity: 14
Merit: 0
July 10, 2018, 05:39:57 PM
#90
Hopefully, that is not the case as bitcoin really is good in use currency to the point that it has a nice market value, but who really knows honestly, take rumors with a grain of salt.
newbie
Activity: 68
Merit: 0
July 10, 2018, 05:12:56 PM
#89
I do not know what these bear market trends are, obviously if I am always polishing up the basics of research and projects. even in the bear market, blockchain and smart contract projects will continue to revolutionize the technology. Interaction with automation, machine learning and artificial intelligence will enable businesses to bring more value with fewer resources. This is the direction the market is moving towards.
Amen, market will recover sooner or later and blockchain will be the technology that will support it!
full member
Activity: 266
Merit: 100
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
July 10, 2018, 03:50:58 PM
#88
According to the law of the universe - that rapidly growing has the property of rapidly falling, respectively bitcoin and the whole market grew quickly and also quickly fell to the bottom Smiley
newbie
Activity: 126
Merit: 0
June 27, 2018, 02:30:13 PM
#87
I don't know if a particular factor could be identified as the reason for the bearish trend.
I think it's just the nature of cryptocurrency, huge pumps can't be sustained forever. And as more people cash out, it could spark a dumping spree, also price manipulation, political regulations can play a role.
legendary
Activity: 2576
Merit: 1043
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June 24, 2018, 08:38:30 AM
#86
Hello, I have been hearing many rumors going around saying the rich are manipulating the market? does this statement uphold its value?
There are many speculations that this is happening and I agree with them. I think there are some rich people who are preventing from the price of bitcoin to rise again. They are manipulating the price of bitcoin. Although there are no real evidences with this, many believe that the price of bitcoin has been manipulated by the whales.

FUDS FUDS FUDS!!! These 4-lettered acronym made this bear trend. Sudden hacking on the exchanges, government regulations etc. I can't take it anymore  Cry Cry Cry
full member
Activity: 385
Merit: 101
June 24, 2018, 07:55:50 AM
#85
We shouldn't be surprised at this current downtreend. THIS IS NOTHING NEW.  Go back at past charts we have survived worse dips then this but bitcoin always comes back stronger.  We survivied the Mt GOX hack crash, we survivied #30 down to $2. You can't kill bitcoin.  At this point there is so much money invested in mining infrastructure.

I feel bad for the panic sellers that are getting out right now.  They are being played and manipulated by the whales that are just looking to accumulate more.  This upcoming bullrun these panic sellers will be crying.
legendary
Activity: 1176
Merit: 1024
June 24, 2018, 03:50:39 AM
#84
The price has suffered from the beginning of the year and it is clear why this was the case, there was simply too much money in the market and as soon as the price went down because some people were taking their profits people began to panic sell
Where is the too much money ? What you mean by much money in the market ? You mean the bumped prices were tended to fall down ? If that is the case, the bear market has started or fixed from the beginning of its rising itself. I guess we cannot say just one reason for entire fall of the market. People pumped the market and now dumping. This must be the real cycle

after a while it was impossible to stop the crash, to me it is not really complicated to understand.
After a big bubble, a crash must be inevitable. Bitcoin's actual worth by end of last year must be $10k only it seemed but traders bumped up to ~$20k then obviously it has to fall below its actual worth too.
sr. member
Activity: 756
Merit: 252
June 23, 2018, 10:17:58 PM
#83
This is just my observation, but I think the bear trend started when some exchanges got hacked, specially the Mar-Jun season
The price has suffered from the beginning of the year and it is clear why this was the case, there was simply too much money in the market and as soon as the price went down because some people were taking their profits people began to panic sell, this created a cycle that fed itself and after a while it was impossible to stop the crash, to me it is not really complicated to understand.
full member
Activity: 518
Merit: 103
June 20, 2018, 06:12:02 AM
#82
I think it started last year, when bitcoin had reached an all time high, since there were a lot of FOMOs then, the network started tk congest and transactions was slow and very expensive, since the value of bitcoin then was so high, alot of old investors or early adapters, had cashed out their bitcoin since that is the goal, to make your life easy, to make your money work for you, then afterbthe sell off, the FUDs came out, exchnages being hacked and the release of bitcoin by Mt. Gox, that contributed down fall, I don't see the market going back to its prime any time soon, until all the issues from the exchanges had been resolved.
hero member
Activity: 1218
Merit: 557
June 19, 2018, 11:57:47 PM
#81
Hello most likely it was at the very beginning of the market. Now some coins have a huge capitalization and the rich will not just manage the price

Their could be various factors attached to the downfall as it may be some profit booking happening by some of the big investors, some fud news spread across due to which the panic selling would have started taking place. The recovery should soon begin now.
newbie
Activity: 143
Merit: 0
June 19, 2018, 10:37:42 PM
#80
This is just my observation, but I think the bear trend started when some exchanges got hacked, specially the Mar-Jun season
sr. member
Activity: 756
Merit: 252
June 19, 2018, 10:31:21 AM
#79
Hello, I have been hearing many rumors going around saying the rich are manipulating the market? does this statement uphold its value?
Are the whales manipulating the price of bitcoin? Probably, does this means everything is their fault? Not really, the price of bitcoin grew too much too fast, I do not know why this is so difficult to understand it was that simple, when you have a distortion in the market, the market tends to suffer an overcorrection and that is what we are seeing right now.
hero member
Activity: 1204
Merit: 505
June 19, 2018, 12:07:31 AM
#78
It's always a challenge to invest or trade in cryptos. Price movement is not only influenced by the state of information but someone who has a large capital we called as a whales is the next challenge that must be accepted by every user cryptos. They have a large capital so that if the brand goes to market then market price will increase, and will many people will buy and when they (whales) out of the market market will decrease again.
Well, it is not a challenge if you actually know what you are doing and know how you can play safe. As much as you can make a lot of money from it, that also brings about the risk involved as well. Nevertheless, we have to understand that this is a decentralized market with no control and that simply makes it volatile in nature and for one thing, it is always important to be careful either when investing or when trading.
hero member
Activity: 1148
Merit: 523
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June 18, 2018, 12:27:57 PM
#77
Some can say, it's happening for SEC. I agree with them but it's not for a long time. We saw previous stress on the Bitcoin but after few days or weeks, it's gone like nothing. However, we are waiting for any final result from SEC. After it will go normally like previous time did.

That stress is still going in the market bro. If you want to invest on the bitcoin you may go ahead today and invest your fund on it bro. Then you will be able to make the more money with the investment you do with the bitcoin or altcoins by investing it on current market situations bro.

I am not sure about why the market really going cheap in the price chart bro. If the value goes big I love to invest more now bro. Even everyone.
member
Activity: 1106
Merit: 11
Crypto in my Blood
June 18, 2018, 06:22:02 AM
#76
Some can say, it's happening for SEC. I agree with them but it's not for a long time. We saw previous stress on the Bitcoin but after few days or weeks, it's gone like nothing. However, we are waiting for any final result from SEC. After it will go normally like previous time did.
hero member
Activity: 840
Merit: 516
June 18, 2018, 01:10:09 AM
#75
I saw a Crypto expert has said that Rothschild family and other main capitalists do it.
Anyone will obviously say anything as long as it proves their theory right but in reality, no one actually knows what could be causing the bear trend. However, it was inevitable with the movement we ended up having around last year and I believe with the way things are going, we are not even through with this trend at all but one thing for sure is that the market has some little bit of manipulation somehow to it.
jr. member
Activity: 266
Merit: 2
The Premier Digital Asset Management Ecosystem
June 17, 2018, 01:48:20 AM
#74
I think it was caused by some negative publicity which caused panic in the market.
member
Activity: 327
Merit: 11
June 16, 2018, 10:28:53 AM
#73
There are so many assumptions for this trend.
1. An exchange got hacked. I think it's Bitrail. But, there's a strong counter argument that the trading volume in the exchange is so small compared to the overall market that it should not have such effect.
2. Researchers claim that bitcoin price was strongly manipulated using tether during December. I think it's during December 2017 or January 2018, when there were so many rumors about tether, someone made such claim too. It's not a new FUD. In my opinion, market had already overcome it.
3. Uncertainties regarding SEC decision. For now, BTC and ETH are not assumed securities. So, that doubt is also over for now.
So, these news are currently hot and I don't think these are even news. They are just noises.
full member
Activity: 392
Merit: 126
June 16, 2018, 10:11:15 AM
#72
Bitcoin bear trend started with SEC ruling on cryptocurrencies and future of ico market  so this bear market is continuing till now

Your point of view seems ridiculous to me. Although sec and controls the ICO, but it does not control the price of bitcoin. I will add, the main interest and demand for bitcoin has always been in the Asian market, but not as in the Us. As the sec has no influence on Asia.
sr. member
Activity: 375
Merit: 250
June 15, 2018, 09:00:39 PM
#71
i think just because  last year the price of btc up too many and its nature many invest sell out btc to get big profits to package!
this is the markets! up and down and then up and down!
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