Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: Marcusbrown on November 23, 2018, 08:18:52 AM
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With the latest cryptocurrency price crash, Bitcoin (BTC), the most dominant cryptocurrency, could potentially go below USD 4,000. Sadly, there is no end whatsoever in sight.
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The Chainalysis study, Bitcoin payments have shriveled over the course of the year, which is an indication that the cryptocurrency bubble has burst. This contributed heavily to the crashing crypto prices. The premiere blockchain analysis firm disclosed that BTC transactions tanked by 80% to $96M USD in September 2018.
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It is sad to see the price of Crypto who gets down and make the asset decrease its value. The existence of a negative issue is added with the issue of Black Friday and makes the price down at the lowest point this year hopefully everything can end and start moving up again next week after Thanksgiving is done. And everyone starts to buy Crypto again.
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With the latest cryptocurrency price crash, Bitcoin (BTC), the most dominant cryptocurrency, could potentially go below USD 4,000. Sadly, there is no end whatsoever in sight.
Based on the charts reading we can analyse that there is a support or resistance zone somewhere here and there but if there is no demand in crypto the price still will have a freefall and i guess this is what is happening now no demand for crypto.
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It is sad to see the price of Crypto who gets down and make the asset decrease its value. The existence of a negative issue is added with the issue of Black Friday and makes the price down at the lowest point this year hopefully everything can end and start moving up again next week after Thanksgiving is done.
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I've read one crazy theory about it just a minute ago. In this article (https://www.spam blocked b/black-friday-on-the-cryptocurrency-market/) on spam blocked b someone implicate that drop may hav been caused by peoople witthdrawing funds to be ready for 23th november sales
True or not, it looks like the market have a black friday's drop overall.
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I was expecting you to give an explanation to the question you posted. Can you answer Why Are Cryptocurrencies Crashing?
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Yes the market is down now and need to recover. Many currencies are crashing now.
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It is sad to see the price of Crypto who gets down and make the asset decrease its value. The existence of a negative issue is added with the issue of Black Friday and makes the price down at the lowest point this year hopefully everything can end and start moving up again next week after Thanksgiving is done.
You are spamming here and this is againt the rule. I am giving you the last warning. The next is negative kama. You spam the 3rd post on the thread.
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The same question everywhere and the answer is quite simple, because of FOMO dumpers that want to sell even at loss.
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There is the biggest market manipulation of all time cryptocurrency, so the market will now only fall, and all that will help the market start to grow, will occur only in 2019.
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Is too annoying looking at the way the market price keep dropping every day, a lot of currencies are crashing now, let still have the hope that they Will recover as we are entering 2019.
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With the latest cryptocurrency price crash, Bitcoin (BTC), the most dominant cryptocurrency, could potentially go below USD 4,000. Sadly, there is no end whatsoever in sight.
Thats because of the investors are wary about the situation in the market thats why massive selling of assets is continue and the Buyers also are very cautious in this present situation and i think it will continue to happen until the 2019 its a sad reality and it must be faced accordingly!
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With the latest cryptocurrency price crash, Bitcoin (BTC), the most dominant cryptocurrency, could potentially go below USD 4,000. Sadly, there is no end whatsoever in sight.
I think it may even go as low as $3,000 but we can't tell how for now, but I pray we end at the 4,000+ price so that we start mooning from there.
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Volatile is the common reason why market crash.
Demands and supply with the hands of crypto whales can turn crypto movement wherever they want with accordance to their objectives.
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Too many bear out there don't want to allow the bulls to come in, that's why the market keeps crashing, but never mind, it will be alright soon.
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I do think theater the current market situation can be attributed to the high volatile nature of Cryptocurrency.
It's no news that that's what Cryptocurrency what it it.
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If you see the condition of crypto coins, especially Bitcoin, the price falls and this certainly makes a lot of coins also decline. The price of crypto coins is very difficult to predict. But I still have very high expectations, that the price of coins will definitely recover and hope that Bitcoin can rise again.
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I think that said, the marketplace isn’t quite as random as rolling dice—there are influences that give a context for how prices have risen and fallen. Though no one can say with certainty exactly which effects led directly to which results, there is some sense in considering environment in which the crypto markets exist.
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Maybe one of the reasons is the speculation that is now spreading about the problem of ethereum platforms which with negative impact to the market and investors and this causing people to be afraid and start get panic of their investment so some are trying to sell their coins just to cut possible losses and this also contributes to crash crypto too bad.
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we can only hope that market prices will rise again and stabilize. the crypto market that is down makes many people panic and make panic sales. I think it was wrong because they will get a loss and they also made the crypto price in the market go down. it will take a long time for the crypto market to recover.
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Many people assume that cryptocurrency will give edges long then concern that 2019 can become a protracted multi-year securities industry. observe the numerous $ 800 targets at $ BTC from those who have not had the chance to shop for at that level. i believe associate degree eightieth discount isn't ok to start out scaling
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I think it is because of the trust from investors are decreasing and there are no good news in cryptocurrency. We are experiencing the bear market long time and it makes the decline to happen very severe. On the other hand, there are no good news related to development of cerypto adoption till now.
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With the latest cryptocurrency price crash, Bitcoin (BTC), the most dominant cryptocurrency, could potentially go below USD 4,000. Sadly, there is no end whatsoever in sight.
Keep calm bro, I think It just market correction. It was affected by world financial crisis and too many scams ICO.
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Of course, it is very sad to see how the prices, which were only half a year ago in ten thousand dollars, now barely reach five.