Topic: Why is the Bitcoin Market Crashing? - page 3. (Read 506 times)
it is crashing because of fear and uncertainty. But it will bounce back
Why is the bitcoin market crashing?
When will the cryptocurrency market bounce back?
When will the cryptocurrency market bounce back?
It will go down until it will find support again. Usually it takes time, specially after a bull run such as the one from January.
Don't expect the prices to go up anytime soon. We will have to wait a while.
One major factor I td from the news is that Mt Gox stash worth $400M of cryptcurrencies was released and it causes dumping of prices. FUD news is everwhere also.
You can check news here :
1. https://www.coindesk.com/mt-gox-trustee-sells-400-million-bitcoin-bitcoin-cash/
2. http://bitcoinist.com/tokyos-bitcoin-whale-has-sold-400-million-and-thats-just-the-start/
You can check news here :
1. https://www.coindesk.com/mt-gox-trustee-sells-400-million-bitcoin-bitcoin-cash/
2. http://bitcoinist.com/tokyos-bitcoin-whale-has-sold-400-million-and-thats-just-the-start/
yeah... when BTC was trying to recover; one big whale has to come and crash it.... Secondly, if anyone here understand TA, then it was as per plan.... the price had hit the down trend line and from there the price went down.
It will rest on 6.8K or 3.2K as per trend lines.... let see. But one thing is for sure that if you HODL then by the end of the year the prices will reach 50K.
The crypto market is crashing, because it seems that governments (lobbied by banks) will regulate worldwide. Investors are afraid that cryptocurrencies will no longer be decentralized. All crypto transactions will be taxed and are no longer anonymous. This is why the price of most cryptocurrencies is dropping.
I saw your comment in another thread and you're spreading FUD like crazy. Calm down and go read some news because your interpretation is extremely subjective.
No worldwide regulation is happening! The news about regulations are nothing new and many of those are extremely positive like Germany accepting BTC and exempting it from taxation. Some crypto transactions are and will be anonymous. Others, like BTC, are anonymous as long as you are avoiding exchanges. You can't make anonymous coins lose anonymity, unless you make their users register somehow, just like you can't (still) trace TOR users.
Really, you're not making any sense!
there are so many theories why the market crash and lost of them are very logical, whether the market will be back or not depends all in the G20 summit, if there would be positive news than it will skyrocket in my opinion and vice versa.
One major factor I td from the news is that Mt Gox stash worth $400M of cryptcurrencies was released and it causes dumping of prices. FUD news is everwhere also.
You can check news here :
1. https://www.coindesk.com/mt-gox-trustee-sells-400-million-bitcoin-bitcoin-cash/
2. http://bitcoinist.com/tokyos-bitcoin-whale-has-sold-400-million-and-thats-just-the-start/
You can check news here :
1. https://www.coindesk.com/mt-gox-trustee-sells-400-million-bitcoin-bitcoin-cash/
2. http://bitcoinist.com/tokyos-bitcoin-whale-has-sold-400-million-and-thats-just-the-start/
Will it bounce back is a better question but my guess is the word got out about the crazy transactions costs
from the miners hitting $55 and people also know that the lightning network is little more than a system of
banker hubs and are not buying the Bob sends Alice some money story.
Sorry people, we have been taken over and they can blame China or Korea as much as they want but
these are the real reasons for the price.
from the miners hitting $55 and people also know that the lightning network is little more than a system of
banker hubs and are not buying the Bob sends Alice some money story.
Sorry people, we have been taken over and they can blame China or Korea as much as they want but
these are the real reasons for the price.
The crypto market is crashing, because it seems that governments (lobbied by banks) will regulate worldwide. Investors are afraid that cryptocurrencies will no longer be decentralized. All crypto transactions will be taxed and are no longer anonymous. This is why the price of most cryptocurrencies is dropping.
Why is the bitcoin market crashing?
When will the cryptocurrency market bounce back?
When will the cryptocurrency market bounce back?
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