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Topic: Why ETH and BTC markets are down strongly ? - page 2. (Read 397 times)

member
Activity: 322
Merit: 11
A month ago, the daily trading volume of bitcoin was 4 052 430 080, now 5 064 430 000

However, if the price of bitcoin falls, then the Cryptocurrency is sold. But I'm glad that they buy it for 6,000 dollars. This means people believe in the growth of bitcoin
hero member
Activity: 3080
Merit: 603
Many post regarding this question has been circulating in the forum.

The delay for Bitcoin ETF result was the suspected reason of why the market has been going down. And it's not only for the both of it but majority for the crypto market.

was this due to a ban and SEC's refusal?
The SEC hasn't banned and refused the proposed bitcoin ETF but it was delayed.
member
Activity: 924
Merit: 15
it's very easy.

Even at low prices, there is NO DEMAND AND NOONE IS BUYING COINS, not even those hyper-ventilated guys that are continuosly telling you to buy. They are not doing it themselves, but they need stupid people to do it. If the prices go up, those guys will take profit from other's stupids actions. If not, they´ll remain fucked up.


The prices are almost crashed. Very near the worst result you can imagine, with the market having lost almost 70% of value. Noone is buying so there is huge stock. When you have a lot of anything, but noone is buying it, you have to take down the prices to sell it. That's what's happening.

And i'll tell you more. This is going to go way down because prices continue dumping hard with no push back from bulls.


DON'T BELIEVE IN THIS MARKET. YOU´LL REGRET IT. A huge amount of people are going to get rekt. I will take no responsability for that. Those that are saying stay calm, don't sell, nothing will happen, the market will recover, WILL HAVE TO TAKE RESPONSABILITY FOR THEIR FALSE OPINIONS.
hero member
Activity: 1414
Merit: 505
Backed.Finance
this phenomenon often occurs in the previous months, the price of bitcoin and ethereum dropped and then rose again, this is because there are many people who sell bitcoin for certain reasons, this is the time for investment to buy bitcoin or ethereum at a low price then sell when the price is high, we have to wait patiently.

There are certain FUD news which affects the market. Bitcoin ETF was not approved which send negative impact to traders. Also it coincides with ghost month in Chinse tradition. But I am very optimistic that starting September, we will slowly recovers.
copper member
Activity: 434
Merit: 0
There may be several reasons for downsizing of BTC and ETH . When it was new in the currency market, then people took it by hand, which is human behavior, curiosity. Now apart from these, there are other currencies in the market, who have occupied a large portion of the BTC,ETH  areas. Other currencies are also making their own space. The balance of these currencies is getting worse. All people are selling their coins together. People have now big estimated prices higher than their expectations. Downtrends may also be the reason. There can be more reasons.
sr. member
Activity: 1078
Merit: 342
Sinbad Mixer: Mix Your BTC Quickly
No one knows exactly why these markets are down. But everything is connected. The media, the ban, the governments, hackers, big whales, and so on. These are the reason who have the power to manipulate the price. For example, when the media does a propaganda and talk negatively about bitcoin, many people will freak out and start selling their coins. Added to that, let alone time give us the best opportunity as when to buy when the market is down. So, it is just about patience and time.
full member
Activity: 840
Merit: 100
some people think it's caused by ETF news and I myself don't know the news yet,but usually when crypto receives bad news the price will fall quickly and I'm sure prices will rise again when there is good news,I will wait for prices to reach the lowest point to buy because that is the best opportunity for investment.

Every bad news always makes crypto prices drop. I also don't know the cause of the current decline and hope this won't be long. Hope the price will rise again and recover.
jr. member
Activity: 280
Merit: 1
I don't know exactly why Bitcoin and Ethereum went down, I'm also confused as to why Bitcoin and Ethereum went down, was this due to a ban and SEC's refusal? I always wondered why Crypto was so easy to decline, I think this was market manipulation, but that only my guess, I have no evidence of that.
member
Activity: 486
Merit: 10
some people think it's caused by ETF news and I myself don't know the news yet,but usually when crypto receives bad news the price will fall quickly and I'm sure prices will rise again when there is good news,I will wait for prices to reach the lowest point to buy because that is the best opportunity for investment.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
I saw since last week eth btc and altcoins market down strongly. Any idea about that and when price will be up ?
I think last better then the current dump because large investors are similarly selling the Bitcoin it is major impact of this issue. But many peoples are expecting again this will raise soon so we don't worry about any kind of situation. Because Bitcoin and Ethereum are two eyes of Crypto so better we should hold for long term we will see best result.
eup
jr. member
Activity: 105
Merit: 5
I don't know, some people think that it is caused by ETF. I don't think so. I think it may be a good thing. Maybe when many people leave, the market will rise wildly.
full member
Activity: 294
Merit: 100
I saw since last week eth btc and altcoins market down strongly. Any idea about that and when price will be up ?

It isnot just last week that we experienced a drop of altcoins and bitcoins market. Starting the first month of this year 2018, wenoticed that this market starting to drop and continue to drop until now. Even it is so frustrating and very alarming, but i never panicked and sell off my coins. I still hoping that this market will rise again up to the moon before this year will end.
hero member
Activity: 2758
Merit: 705
Dimon69
Not only are ETH and BTC decreasing. All altcoins also have an impact with both coins falling. For the matter of why the price of eth and btc went down I don't think I knew the overall rating. I was also very sad when the price of eth and btc dropped dramatically. Of course the hope is that we want to see eth and btc prices rise again.

Of course someday it will rise again, not now but maybe by the end of the year, no one knows if what the exactly date of market going increase. For now instead of worrying about the fallen price why you didn't consider it as an opportunity to buy crypto in a cheap and hold it for long term.
newbie
Activity: 98
Merit: 0
this phenomenon often occurs in the previous months, the price of bitcoin and ethereum dropped and then rose again, this is because there are many people who sell bitcoin for certain reasons, this is the time for investment to buy bitcoin or ethereum at a low price then sell when the price is high, we have to wait patiently.
sr. member
Activity: 518
Merit: 250
I don't know when crypto market will rise back but I can ensure that at the moment, it's a really good chance to invest more in good altcoin or BTC Smiley. At the moment because of some reasons that price of whole market is dumping very fast and I think it's a good chance for everyone to invest Smiley. Just buy and hold Smiley.
full member
Activity: 714
Merit: 100
Not only are ETH and BTC decreasing. All altcoins also have an impact with both coins falling. For the matter of why the price of eth and btc went down I don't think I knew the overall rating. I was also very sad when the price of eth and btc dropped dramatically. Of course the hope is that we want to see eth and btc prices rise again.
full member
Activity: 532
Merit: 100
It all depends on the news background. While the situation with the crypto assets is not determined at the world level, while the price and will be very jumping. I am sure that after the fall, growth will begin, we must wait.
member
Activity: 249
Merit: 13
dApps Development Automation Platform
I saw since last week eth btc and altcoins market down strongly. Any idea about that and when price will be up ?

As a matter of speculation, the market should recover once some of the existing projects shows good signs of mooning and carries some more investors into the cryptos.
hero member
Activity: 2702
Merit: 672
I don't request loans~
I saw since last week eth btc and altcoins market down strongly. Any idea about that and when price will be up ?

The downtrend movements are actually normal things to happened in cryptocurrency system. The system can't be the whole without the ups and downs movements. As a matter of fact there two seasons of its flow and that is bullish season and bullrun season. However, even it has a dump or downwards movements it's for sure that after this there will be a pump or upwards movements. Just always keep patience and believe to this system. In addition, it's movements can't be exactly speculate and predict therefore we can only be base on the movements in the market therefore we can be much aware in any possible movements it will be.
newbie
Activity: 210
Merit: 0
I saw since last week eth btc and altcoins market down strongly. Any idea about that and when price will be up ?

Yes you are right bro, until now the price of bitcoin and altcoin still goes down that we can see it in the coinmarketcap for today the price of bitcoin is reach $6.378,32. Hopefully the price of the coins will be increase next month. In my opinion In this month because of the price is dump, so many people buy bitcoin or altcoin to invest because the price is cheaper. The demand of bitcoin and altcoin that increase of course can make the price of the coins increase too and more valuable.
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