Very unusual fall. There was no negative news impacting the price of BTC. It seems to me all this is connected with market manipulations. The price is forcibly dropped down.
Topic: Why Cryptocurrencies Continue to Suffer From Deep Losses? (Read 503 times)
There are many problems in the world of cryptocurrency and I see that the perceived lack of value is one that undermines all platforms and projects. Yes, there are so many worthless platforms right now and if this trend can never be arrested then the whole industry can be suffering a lot...it is bleeding right now and nobody can be sure when and where is the bottom for this dip. Then, of course, we do have so many scams and failures contributing a lot to this negative perception. I am then hoping that soon a revolution can affect the whole cryptocurrency industry.
It’s been a tough week for cryptocurrency holders, as the top 10 virtual currencies by market capitalization have lost 30% to 60% of their value over the past 2 weeks.
Why??
What is the problem??
Why??
What is the problem??
No currency is spared right now. The current further decline can be because of fear from some traders or investors that cryptos may be coming to an end. But some people are happy to buy it cheap from them.
All cryptocurrencies fell by more than 40% in a week, which is a very scary data, I think the main reason for the decline comes from BCH's forked coins!
This is a chaotic market. Many scammers use cryptocurrencies. Now many altcoins have died. Perhaps the ciphering currency continues to depreciate in order to defeat the altcoin, and the bad altcoin will disappear.
It’s been a tough week for cryptocurrency holders, as the top 10 virtual currencies by market capitalization have lost 30% to 60% of their value over the past 2 weeks.
Why??
What is the problem??
Why??
What is the problem??
There is no objective news. I think this is due to market manipulation. The price is intentionally lowered down.
When you hold a more valuable cryptocurrency, you may feel anxious and worried about the market falling, so when the market falls rapidly, most investors will choose to sell rather than save!
I guess it is because too many useless altcoins affect the growth of Bitcoin. Bitcoin may be destroying them. We have already seen the large depreciation of Ethereum. Perhaps Ethereum will return to 70 dollars and many altcoins will disappear. This may be a reason.
There is such a thing as a domino effect. Less popular currencies often fall behind more popular ones. For example, the example of Bitcoin. The fall of Bitcoin triggered a fall in other currencies, although only Bitcoin can have objective reasons for the fall.
It’s been a tough week for cryptocurrency holders, as the top 10 virtual currencies by market capitalization have lost 30% to 60% of their value over the past 2 weeks.
Why??
What is the problem??
You have to understand one thing, today a cryptocurrency is a speculative asset, and in order to earn money on it, the price is manipulated creating strong volatility, the rise always ended to fall, and vice versa, remember it. Why??
What is the problem??
It’s been a tough week for cryptocurrency holders, as the top 10 virtual currencies by market capitalization have lost 30% to 60% of their value over the past 2 weeks.
Why??
What is the problem??
This is the main problem and I hope you will try to read the whole of this article carefullyWhy??
What is the problem??
https://cointelegraph.com/news/abc-vs-cv-assessing-the-consequences-of-the-bitcoin-cash-war
It gives a lot of impact on the whole of the market because bitcoin was getting a bad impact. this affects all of the crypto markets.
I am buying into this part of story about the crypto market downtrend,the hash war had really dealt a major blow on the crypto market, but we still believe the war will come to an end soon and the market will recover
Also consider the fact that when it is going down everyone gets scared and some even sell their coins out of fear whereas when the price goes up there aren't many people who buy (unless its a huge bull run) so which means when it is going up the market doesn't see the same reaction when going down.
That's the 2016-17 crypto bubble bursting. Just remember the crypto prices were way lower than what is now if you just go back two years in history.
The rise of price in the last two year is still greater than many economic sectors.
The rise of price in the last two year is still greater than many economic sectors.
It’s been a tough week for cryptocurrency holders, as the top 10 virtual currencies by market capitalization have lost 30% to 60% of their value over the past 2 weeks.
Why??
What is the problem??
Before you can see a bear market end you need to see capitulation selling, this may or may not be that. The only way to tell is in hindsight. If we have not hit bottom yet we are getting very close. But don't expect a repeat of 2017 when the market does finally turn, that was a one off you are unlikely to ever see again. Why??
What is the problem??
There were too many fuds in the recent weeks and billions flow out from crypto. Bitcoin dipped and all altcoins follow. Fortunately, we see some bumps these few days and hopefully the prices will continue to go up.
The problem is in the external manipulations. The cryptocurrency market is exposed to a large number of manipulations, it is very small now and very promising and new investors want to buy the cryptocurrency at a cheap price.
There is certainly no wrong of the tokens for them to go lower its price. It is because of the root, the ethereum and bitcoin. Both of these coins are suffering in lowest right now, and of course the other coins and tokens then automatically affected. When both of the coin continues to go down. The suffering for the tokens will continue.
It’s been a tough week for cryptocurrency holders, as the top 10 virtual currencies by market capitalization have lost 30% to 60% of their value over the past 2 weeks.
Why??
What is the problem??
Why??
What is the problem??
The sudden big drop in btc and alts is so regrettable. One would think that btc was at it's support and accumulation stage prior to the dump. Cryptos is so volatile.
In my opinion, one of the cryptocurrency factors has continued to decline lately because of black Friday. In addition, many investors are not brave enough to invest their capital in the ICO.
This is due to the ease with which investors are influenced by the FUD news everywhere which makes them immediately withdraw funds from the exchange and take action to panic sell.
This is actually illustrated by the chart in the exchange platform which causes prices to fall and capital to fall by more than 30%.
This is actually illustrated by the chart in the exchange platform which causes prices to fall and capital to fall by more than 30%.
It’s been a tough week for cryptocurrency holders, as the top 10 virtual currencies by market capitalization have lost 30% to 60% of their value over the past 2 weeks.
Why??
What is the problem??
This is the main problem and I hope you will try to read the whole of this article carefullyWhy??
What is the problem??
https://cointelegraph.com/news/abc-vs-cv-assessing-the-consequences-of-the-bitcoin-cash-war
It gives a lot of impact on the whole of the market because bitcoin was getting a bad impact. this affects all of the crypto markets.
I am buying into this part of story about the crypto market downtrend,the hash war had really dealt a major blow on the crypto market, but we still believe the war will come to an end soon and the market will recover
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