why the price of crypto seems so volatile right now ??? - page 2.

arwin100

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Quote from: 3DBrushes on January 26, 2018, 07:09:36 AM

Quote from: FreezerKarl on January 26, 2018, 07:02:07 AM

Since January seems cryptocurrency market seems down I do not understand why? what's going on now?

There are many reasons like:
1. December was the pump month for whole Crypto.
2 BTC futures are about to expire this month, I don't know how exactly this influences but shorters are gonna win this season.
3. China and Korea regulatory FUD.

Those 3 particulars are one of the biggest reason on why we can see some down trend right now and it really hurt the market badly since it creates huge panic to the people who owns some crypto's. But let's expect that their are big events come with bitcoins so that the positive mindset will cameback on it and we maybe see some slow growth of bitcoins by the time all things are settled in regards on china and korea's fud.

machinek20

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Crypto value will never be stable, and this time the volatility is caused by the uprising in recent few months, and since that time many investors has put thier money in crypto and got so many profit, that is why there are so many pump and dumps now, the investors want to repeat the scene on December to gain a lot of profit

JimmieA

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Quote from: FreezerKarl on January 26, 2018, 07:02:07 AM

Since January seems cryptocurrency market seems down I do not understand why? what's going on now?

You feel the price of crypto is going down because it is lower than at the end of 2017 but if compared to the same time last year, everything will be different. In addition, at the beginning of the year, the needs for selling will be higher than buying so the price will increase. In particular, some countries have issued adverse regulations on the crypto market, such as Korea. This has the greatest impact on the price of crypto.

zhekinsp

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Quote from: FreezerKarl on January 26, 2018, 07:02:07 AM

Since January seems cryptocurrency market seems down I do not understand why? what's going on now?

The only reason panic among the crypto currency user or holders which was created by the news of banning crypto currency in China and South Korea.Now the market is recovering slowly but I think it needs atleast three months,maybe we can see the normal crypto charts after first quarte of 2018.

cynical

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Quote from: 3DBrushes on January 26, 2018, 07:09:36 AM

Quote from: FreezerKarl on January 26, 2018, 07:02:07 AM

Since January seems cryptocurrency market seems down I do not understand why? what's going on now?

There are many reasons like:
1. December was the pump month for whole Crypto.
2 BTC futures are about to expire this month, I don't know how exactly this influences but shorters are gonna win this season.
3. China and Korea regulatory FUD.

three relevant points above.
December shows now that the market was in fact over inflated with new people buying into the bitcoin train which seemed like it wasnt going to stop.
The fake news about south korea was a real blow to crypto.
Dont know about the futures either.
But dont worry, the markets will expand again, there was too much unnecessary panic in January Roll Eyes

3DBrushes

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Quote from: FreezerKarl on January 26, 2018, 07:02:07 AM

Since January seems cryptocurrency market seems down I do not understand why? what's going on now?

There are many reasons like:
1. December was the pump month for whole Crypto.
2 BTC futures are about to expire this month, I don't know how exactly this influences but shorters are gonna win this season.
3. China and Korea regulatory FUD.

FreezerKarl

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Since January seems cryptocurrency market seems down I do not understand why? what's going on now?

Topic: why the price of crypto seems so volatile right now ??? - page 2. (Read 248 times)