Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: princessgirl on October 24, 2018, 02:51:11 AM
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The fall of the crypto market and Bitcoin is partly due to the recent past history of scam projects and ICOs which led most investors to lose their monies. This has created fear in potential investors making all other ICOs to suffer the consequences in the event to launch the token sales or ICO.
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Actually, the fall of the Crypto market is one of the reasons for the many Scam projects in the ICO so that no investors enter. But there are other causes. That is massive sales by users and extraordinary panic. This will cause Crypto prices to actually drop and be difficult and need hard work to be able to rise again in price.
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There is no denying that the many scams and failures of ico have reduced investor confidence in the ico project. In fact, there are still many legitimate and potential IOs. As investors, we should be wise in dealing with the crisis that has happened in IO lately. No need to worry about investing in ico, because if we do a good analysis, we can definitely avoid losses.
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it is true that the many of scam ico money became one of the causes of falling the crypto prices. therefore, we must be able to avoid the scam ico so that we also don't get the losses. we must be more careful and understand the ico that will be followed properly.
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That's right, because of that many people sell BTC, and when prices go down people are also afraid of loss. so all of them are selling their coins, ... even the impact now comes to the altcoin, altcoin is down the price :-\
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Crypto market volume continues to increase, I think investors will invest in coins that have long been traded, such as Bitcoin and ethereum. Investors need to be careful when they want to invest in ICO, some people see ico scam from the project team, whitepaper and partners from the ICO project. I believe investors are smarter now because they have the good experience when investing.
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I hope the ISO market will approve the legislative framework, and then there will be more confidence that investors will be protected.
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You know whats Tulip mania ?Just google it.And the same thing happend last year.Bubble!And "A bubble is an economic cycle characterized by the rapid escalation of asset prices followed by a contraction. It is created by a surge in asset prices unwarranted by the fundamentals of the asset and driven by exuberant market behavior. When no more investors are willing to buy at the elevated price, a massive sell-off occurs, causing the bubble to deflate"
Thats what wiki says and thats also my opinion.
And now we have healthy consolidation.This can take a while.
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I feel many people are beginning to be scared of Cryptocurrency especially this ICOs which most are only out to scam people of their hard earn money. The only way out is regulations.
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In any market there are ups and downs, the market is so rational, and you need to treat it with understanding, if it is low now, sooner or later it will grow, and therefore you need to continue working as usual, I continue to invest in promising projects, such as #swachhcoin. The project will pay people for their trash. At the moment, the bonus is 5%, you can buy coins by the end of October. I advise you to see the project.
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The reasons that really come in will be and the only possible reason is sales. When many people do Crypto sales, both simultaneously and gradually. That will all cause Crypto prices to fall and fall slowly. Not to mention not a few people who are frustrated and panicked, so they sell their coins too. And as a result the market has become increasingly plunged.
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The reasons behind the fall of crypto market- First one is scam and failure of ICO. Secondly people sell BTC when the prices decreases due to the frustration and panic position as well as they afraid of loss.
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in fact, a visible decline in activity on a crypto-market is just a folding screen. in fact, there is now an active buying of bitcoin on the over-the-counter market for huge sums. however, the volume of transactions is not reflected in any way on coinmarketcap.
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Of course, many people start panic and withdraw their money and, by that, the market itself is falling, the negative news also has a very strong effect on the market, and scam ICO`s also kills the market. In general, there are many factors that affect the market, but we know only a small part of them.
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The fall of the crypto market and Bitcoin is partly due to the recent past history of scam projects and ICOs which led most investors to lose their monies. This has created fear in potential investors making all other ICOs to suffer the consequences in the event to launch the token sales or ICO.
What you say is just partial of it, what i think is that firstly is due to government opposing crypto and make people scare to adopt crypto then follow by the increase of scams lastly the big falling market and most of them will not want to catch a falling knife.
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Everything's connected.The government is not in a hurry to regulate the market and therefore the market is in complete chaos and the one who has the power-be sure to trade against the market
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behind the collapse of the crypto market. There must be a very big plan, bro. behind all existing scenarios. even sometimes I think behind this all there must be a big bear playing.
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Some school of thought are of the opinion that the market is just correcting itself because the market trend of 2017 was abnormal.
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Some of the reasons is the day traders and those who always panic sell.
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the main reason may have been a lot of scams, so that people - people are afraid to invest in this world, more precisely they are more careful in taking action. there is a minus plus ...
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I think there are too many factors why the market is bad now
ICO failure almost often sounds a lot of scam and there are also teams involved in the law
but if one ICO project has the values and uses needed by the community, why should they delay their sales
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The continuing decline of Bitcoin and other altcoins have emulated a panic-stricken atmosphere, and there are few reasons which could be why cryptocurrency is dropping:
1 Bitcoin Cash Hard Fork
A tiff between the two groups of BCH communities (Bitcoin ABC and Bitcoin SV) led into the bonfire of the ideological debate. The hard fork finally took place on November 15, 2018, resulting in two competing chains Bitcoin ABC and Bitcoin SV. As a result, the value of BCH has suffered just as much as the rest and the hash rate war caused serious uncertainty in the market and this might be the reason for cryptocurrency market crash.
2 Bakkt Delay
Bakkt, a company owned by the New York Stock Exchange, recently announced their decision to postpone the launch of their highly anticipated Bitcoin Futures trading platform from December 2018 to until late January 2019. To back this up, on November 21 they released a positive update on why they are now prioritizing Bitcoin.
3 Regulatory Pressures and Global Pressures
Both the SEC and the Commodity Futures Trading Commission (CFTC) has adopted the perspective that while Bitcoin is not considered a security, various ICO tokens are, subjected to individual scrutiny. Jay Clayton, The chairman of the U.S. Securities and Exchange Commission (SEC) reiterated the regulator’s stringent stance on Initial Coin Offering (ICO) compliance in fresh comments and underlined the necessity to conduct public token sales with the U.S. consumers in line with the SEC guidelines. Global pressures have also taken their toll on topics such as trade tensions, central banks tightening up policies, as well as Brexit contributing to declining market liquidity.
4 Fresh Investigation For The Controversial Stablecoin
The U.S. Department of Justice (DoJ) has focused its investigation crypto market manipulation on whether or not Tether (USDT) was used to artificially inflate Bitcoin (BTC) prices during last year’s momentous rally. In late October, Tether redeemed and destroyed 500 million USDT from its treasury wallet; the action provoked yet further controversy given Tether’s recent loss of its U.S. dollar.
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The fall of the crypto market and Bitcoin is partly due to the recent past history of scam projects and ICOs which led most investors to lose their monies. This has created fear in potential investors making all other ICOs to suffer the consequences in the event to launch the token sales or ICO.
Yes I think It is true. There is too many ICO scam. The investor afraid to invest in crypto and ICO. The demand is so low. It is the reason why.
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yes you're right, believe solely in ourselves as a result of this is often ours and that we additionally management it. perhaps there are some suggestions and input from others, however do not be simple to {just accept} as a result of it'd just plunge United States into things that aren't smart. Yes, so there are ico that have smart ratings supported the ico rating, however the ending is additionally scams. during this case you want to see whether or not ico is scams or not triple-crown. you have got to differentiate between scams, and which of them aren't triple-crown. thus do not suppose supported what you would like.