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Topic: Why today another big drop? (Read 671 times)

sr. member
Activity: 1377
Merit: 268
July 04, 2018, 05:06:32 AM
#82
Because the Japan Financial Services Agency issued a notice of punishment for the six cryptocurrency exchanges.

 i hope they will resolve this issue as soon as possible for us investors to have high moral in this long time dip that is happening.
member
Activity: 378
Merit: 10
Fast, Smart, Trustworthy
July 04, 2018, 04:31:57 AM
#81
I have not found any events that have affected market trends recently, but the market is still in a downturn. Is this likely to be the operation of whales behind the scenes? What do you think?
newbie
Activity: 15
Merit: 0
July 04, 2018, 04:27:19 AM
#80
The decline is normal. Now it is not a bull market. It seems that the coin of the Currency Exchange has been stolen. I am not sure about it.
hero member
Activity: 980
Merit: 523
July 04, 2018, 03:20:24 AM
#79
Bllions of tokens and mostly shitcoin plus some hackers cashing out millions of eth might just be the reason
Actually that is painful. Not only this but the Whales can also manipulate the prices as well. We had a drop few days ago which recovered shortly. We have another drop today and hope about its recovery as well. If we look at the response of the price recover, we can see that the prices do not fall that much and are followed by a high jump rather. Anyhow, all we can do right now is to hold.
hero member
Activity: 770
Merit: 501
June 29, 2018, 02:17:01 PM
#78
we can hope market manipulation cuz there will be a big come back sooner or later, but every bad news seems to bring massive drop
jr. member
Activity: 143
Merit: 1
June 29, 2018, 02:13:06 PM
#77
This event can not be found any explanation. Most likely, these are just market manipulations of large players, which encourage newcomers to sell their crypto currency cheaply.
sr. member
Activity: 420
Merit: 250
June 29, 2018, 01:59:46 PM
#76
Hello, do you know why today is another big drop in crypto market?
What is happening? I thought that there will be positive trend because last day were green.

well now summer, people with money have a rest. I think that before fall we won't see normal growth, it at an optimistical deal. and it will be possible in general growth only next year.
member
Activity: 336
Merit: 11
June 29, 2018, 01:53:17 PM
#75
The cost of bitcoin and all altcoins continues to decline from January this year! The reasons for this are different, among them - the correction after the overbought bitcoine last year, the attempts of large investors to displace small investors from the market in order to further exclude speculative fluctuations. Also, the price decline was supported by the sale of large amounts of bitcoin by the trustee of the MtGox exchange, which was completed a few days ago. The fall will continue for some time, do not be surprised!

Why does it have another big drop? Actually,it is not an issue at all because many long term investors already experienced big losses and for sure it always happens like this to them. This is not the first time that drops so big. Let's make it a point that crypto world has this kind of life and we stay it this way. We can only accept this and try to understand the situation.
If the world had lived its life with a crypto currency, then it could not have been influenced by large whales or other players on trading exchanges. In any case, artificial manipulations on the crypto-currency market make this world very dependent on certain actions of holders of a large number of crypto-currencies.
hero member
Activity: 1204
Merit: 500
June 29, 2018, 12:13:18 PM
#74
The cost of bitcoin and all altcoins continues to decline from January this year! The reasons for this are different, among them - the correction after the overbought bitcoine last year, the attempts of large investors to displace small investors from the market in order to further exclude speculative fluctuations. Also, the price decline was supported by the sale of large amounts of bitcoin by the trustee of the MtGox exchange, which was completed a few days ago. The fall will continue for some time, do not be surprised!

Why does it have another big drop? Actually,it is not an issue at all because many long term investors already experienced big losses and for sure it always happens like this to them. This is not the first time that drops so big. Let's make it a point that crypto world has this kind of life and we stay it this way. We can only accept this and try to understand the situation.
well, there are so many triggers in the price decline from early 2018 to the present, and there are no signs of an increase in prices. yes, for now the bitcoin price again has a price below $ 6000. I do not know what caused this, but my selling panic taste is one of them.
member
Activity: 194
Merit: 10
☀️ Iskra Coin ☀️
June 29, 2018, 11:42:26 AM
#73
The cost of bitcoin and all altcoins continues to decline from January this year! The reasons for this are different, among them - the correction after the overbought bitcoine last year, the attempts of large investors to displace small investors from the market in order to further exclude speculative fluctuations. Also, the price decline was supported by the sale of large amounts of bitcoin by the trustee of the MtGox exchange, which was completed a few days ago. The fall will continue for some time, do not be surprised!

Why does it have another big drop? Actually,it is not an issue at all because many long term investors already experienced big losses and for sure it always happens like this to them. This is not the first time that drops so big. Let's make it a point that crypto world has this kind of life and we stay it this way. We can only accept this and try to understand the situation.
full member
Activity: 378
Merit: 100
June 29, 2018, 11:12:19 AM
#72
The cost of bitcoin and all altcoins continues to decline from January this year! The reasons for this are different, among them - the correction after the overbought bitcoine last year, the attempts of large investors to displace small investors from the market in order to further exclude speculative fluctuations. Also, the price decline was supported by the sale of large amounts of bitcoin by the trustee of the MtGox exchange, which was completed a few days ago. The fall will continue for some time, do not be surprised!
hero member
Activity: 722
Merit: 501
June 29, 2018, 10:33:19 AM
#71
The December / January rally was artificially manipulated, the reason for the dropping is mainly due to investors panicking. Manipulation, market corrections and FUD all play a part in this and this article will go over a few reasons why I think the markets have further to fall before the trend reverses.

newbie
Activity: 78
Merit: 0
June 29, 2018, 10:14:50 AM
#70
I think that there is usually no reason for the decline. The simplest reason is that the funds are leaving. Most of the news broke out because it was an excuse.
sr. member
Activity: 686
Merit: 277
June 26, 2018, 06:41:59 AM
#69
I think the normal thing this is the last correction in my opinion, bitcoin will not be below 5k, if bitcoin 5k kicking soon will bounce quickly
Let’s hope for the better. Yes the drop is big and has made people cry a bit as well but these are the market phases and the market being dynamic can move very easily to the equilibrium position again where the prices are set again and the demand meets supply. Actually the price often also falls due to exogenous factors and we should really stay calm about it because since the crypto has such a big market cap, it is not going to end so soon.
newbie
Activity: 78
Merit: 0
June 26, 2018, 05:20:01 AM
#68
There is no 100% precise explanation.
Probably people are tired of bearish mood on the market.
And every -10% correction can provoke panic among amature investors.
sr. member
Activity: 647
Merit: 260
June 25, 2018, 04:58:11 AM
#67
Nobody can tell you why the market is so damn weak in the last couple of months. The most people are just scared that Bitcoin will never recover after that huge dump. But I think it is the best time to buy some new currencies, because I made the best money when I bought my own fear Cheesy
member
Activity: 490
Merit: 13
June 25, 2018, 04:21:28 AM
#66
Maybe Korean exchange hacked again?
Another FUD made Bitcoin drop 10% in last week and affect altcoins too.
jr. member
Activity: 154
Merit: 1
June 25, 2018, 03:43:22 AM
#65
Not only that, another weakening suffered by Ripple (XRP) which fell 8.89 percent in some time. The same day Ripple announced five new payment partners. Thus, the presence of good news for the virtual currency can not afford to issue a decline in crypto money. The total value of crypto currency alone reached 445 billion US dollars, or down 15 percent compared to the highest close in February 2018 at 519 billion US dollars. we just wait for other digital currency info
sr. member
Activity: 538
Merit: 250
June 25, 2018, 12:55:31 AM
#64
Hello, do you know why today is another big drop in crypto market?
What is happening? I thought that there will be positive trend because last day were green.
Lots of people asking  what happen to crypto market i think this situation is normal sa I don't panic that will contribute of losing my patience.  Let's calm thi k positive that every thing will ok again and cryptomarket will be survive to this volatile situation.
Everything saying keep calm, but how long? Do you see what is happening?
I think we no longer can think about profits in the near future.
member
Activity: 462
Merit: 14
June 24, 2018, 06:55:51 PM
#63
Hello, do you know why today is another big drop in crypto market?
What is happening? I thought that there will be positive trend because last day were green.

I think most of the people are afraid of losing their money so due to this reason they are selling BTC. In this situation people with good patience power are enjoying the situation and buying more. Crypto currency is all about patience. You have to control your nerves while market going down. If you hold your emotions for 4 to 5 months you will definitely get a good reward.
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