Topic: Why do you think the market is down right now? - page 7. (Read 4340 times)

I think the market conditions this year, where early 2018 until the end of 2018, I think the price of bitcoin and some other cryptocurrency in the place of price exchange tends to fall, and maybe will rise again when early 2019, so take advantage of the fall in prices. This cryptocurrency is as good as possible to be able to buy as much as you can.

The market is down because of numerous factors acting on the market at the same time. The market experienced attacks from governments after it hit Bitcoin hit $20K early of this year. The governments were scared of the kind of power Bitcoin could give to its users, hence decided to publish all kinds of bad news with the intention to create FUD in its investors and potential investors.

Indeed, beside that, negative news make people panic and selling their coin at cheap price. But i am believe more good news will come in near future and cryptocurrency market will reaching highest level again

I think the market is down now because I compare the market price from the beginning of the year to the present, the graph shows that prices continue to decline over time, and whether or not to go back up early next year, I have to see the market recover early in the year ahead considering that if we look at the price cycle early in the year there is usually a market recovery

One logical answer is that people are selling. FUD can also effect the prices of coins. I have read some predictions, and they all say that in 2019/2020 coins are going to be worth a lot.

If I personally think this might be due to the annual effects that cause the price of bitcoin and altcoin to fall, and Alfi might also be the effect of banning and rejection in some countries that are very hateful about bitcoin and altcoin

I think the market is down now because FUD or "fear, uncertainty, and/or doubt", because the News Program, represented by written articles, makes its way into the mainstream because of the implementation of the strategic corporate media agenda, which scares crypto traders.

I agreed with you on this the price had been stable for a quite period of time which I belief its preparing for a big rally I. e bullish movement which is synonymous with the price towards the end of the year, I am optimistic that the price will increase in the last part of Q4.

It is quite stable at 6500$ at present form the last week or so. The upward movement is getting carved out and I believe we should see some upside to take place next week or so. This should stay for a longer period of time and will help to get some returns from the gain.

I think that option 1 of 4 approach to the explanation of the situation on the market-Yes, big whales are waiting.About the fact that people do not believe in cryptocurrency anymore-it is absolutely not so.Now more and more people are interested in this direction,invest in different projects as well as unite themselves and launch their ICO.Cryptocurrency is a new global movement that many countries have already picked up.

My opinion that cryptocurrency is too slow right now... ICOs last a very long time, developing is slower that it was year ago. Everyone is too relaxed right now and don't want to work

Hopefully what you say is true, there are many experts say that the decreasing price that occurs now is a period of support for the next bull run period

I think what it really needs now is some big new investors that are willing to make huge investments, also the manipulations of whales to make the market pump again.

Lol. What do you think about cryptocurrency market, a laboratory experiment that needs some preparatory before launching up a bull market? The market is being decided by the investors through its demand. The higher the demand from the cryptocurrency then higher market price for that crypto. Thus, it will happen when the  minds of the investors synchronizes itself through time. As we all know that the year ending for 2018 is the peak season for everybody for having a long holidays for the those days.

Yeah it is natural. Some people will join and some will quit. Price fluctuation is normal and I think that the market in not down but people see the previous year big bump in the price and they want that bump once again and that’s why they think that the market is down. For me the price is normal and is according to the market value. There is nothing wrong with the market.

according to the research I did what caused the cryptocurrency price at this exchange place to fall due to bad news and because of people who were easily panicked, you could see when there was bad news about cryptocurrency circulating on the internet with a matter of minutes the price conditions at the exchange place will fall in price because there is a panic trader who sells all of his assets by selling instant.

You're right. Nobody can know for sure what's happening within the crypto market (unlike stocks). Since they're heavily unregulated, anyone can manipulate their prices or do anything with them without the intervention of the government. But, once the government starts cracking down on exchanges, and cryptocurrencies, then you could expect for things to stabilize a little. There could be many reasons why the price has been falling, but I believe that there's only one reason that has greatly contributed to this mess in the market.

As I've read an article across the web lately, I've seen that Mt.Gox has been liquidating its Bitcoin holdings across exchanges. Due to the huge amount of Bitcoin it possesses, by selling them on the market, it will cause the price to decline massively like it has been doing right now. I saw the article on Bitcoin Magazine, and I was surprised that no one mentioned this before. Everybody has been focused on the whales, government regulations, and other sorts of stuff, but none have realized the possibility of Mt.Gox liquidation of funds having a negative effect over the whole crypto market.

Anyways, despite what's happening, it's important to be patient as I think that this is only temporary and will not last for long. Next year, things would be even better I suppose, but if it won't, then there's the next year after that, and so on.

The way I see it, the main reason is that the market is "overheated" - there too many excesses in the form of hundreds of alts, which eventually lead to destabilization of eth and btc.
And yes, negative news coming mainly from Asia also cintributed to the loss of faith in cryptocurrencies, which appeared not as anonymous and unregulated as they initially seemed to be.

Bitcoin and crypto market are controlling by big whales and they if start buying bitcoin then it's price will grow far from 25k but it is very difficult that we can recover market and coins price while in the whole year i did not see any big change. Market is cool because of the availability of bitcoin and ICO which is also a better option for various new technology.

Your question is everyone's question, and I don't know what causes the decline in bitcoin prices, maybe bitcoin has begun to lose interest, but I'm sure it won't happen, the more time I think more and more people know about bitcoin and maybe some of them who are interested in bitcoin, maybe this is a game of big investors who have large amounts of money, when their markets drop bitcoin people will sell their bitcoin because they think it takes a long time for bitcoin to rise again and there is a chance whale to buy it to sell it at high prices.