Topic: Why all cryptocurrency are down today..? - page 2. (Read 390 times)
A bearwhale kickcstarted a market-wide sell-off. I think that the sentiment was laready down from the past months so it's not hard to kickstart such. People are afraid of the economy collapsing further so we're now seing massive withdrawal from the crypto economy. Exchanges are still getting large volumes though so it's apparent that the price doesn't matter this time around.
The main reason is that India banned all Cryto Currencies and their usage on Indian territory. Bitcoin was popular there due corruption and other factors.
India has banned the illegitimate use of Bitcoin and has stated that their stance is that Bitcoin is not legal tender.
Banned is overblown.
Tether and Bitfinex subpoenaed by the US a month ago news got recycled and hit yesterday which was worse than news from low volume India.
Thank you. I can't believe how many of the investors just read the headlines and nothing further.
INDIA DID NOT BAN CRYPTOCURRENCY!!!!
The main reason is that India banned all Cryto Currencies and their usage on Indian territory. Bitcoin was popular there due corruption and other factors.
India has banned the illegitimate use of Bitcoin and has stated that their stance is that Bitcoin is not legal tender.
Banned is overblown.
Tether and Bitfinex subpoenaed by the US a month ago news got recycled and hit yesterday which was worse than news from low volume India.
what causes the descent of all cryptocurrency?
Is it because a lot of new coins are coming up, or what?
Is it because a lot of new coins are coming up, or what?
There are already few topics on the subject.
The main reason is that India banned all Cryto Currencies and their usage on Indian territory. Bitcoin was popular there due corruption and other factors.
People panic sale ,to get usd out.To late for that i think,when btc will find its bottom,alts should start recovering.Not sure how long it will take.Most of them dipped 50-60 percent.
All investors are looking at bitcoin.
Coins that are not even related to bitcoin have the same reaction. This is a general negative news background.
Coins that are not even related to bitcoin have the same reaction. This is a general negative news background.
just like every product, it's about supply and demand
so i guess the demand went down or the supply went up
easy
so i guess the demand went down or the supply went up
easy
what causes the descent of all cryptocurrency?
Is it because a lot of new coins are coming up, or what?
Is it because a lot of new coins are coming up, or what?
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