Post
Topic
Board Speculation
Re: Why the Crypto Market is Crashing..!
by
koehlebd
on 02/02/2018, 01:25:01 UTC
Hello everyone hope you all are doing well..!
Does anyone know why the market is crashing ?
I heard lot of things about the market crashing listed below.
1) Market is crashing as Korea and china was going to crackdown on different crypto exchanges.(old news)
After few week we realized no this is not the case it was just the rumor.
2) Market is Crashing  due to Christmas and new year it will go up in jan 2018 but in the end nothing happened it started crashing more.(20th dec 2017 to 1st jan 2018)
3) This is the latest one which i heard the issue about USDT (tether) and its legalization or fraudulent God knows better i know after few week this will also not be the reason of downfall to crypto currencies.
Then what is the main factor or thing which we all are missing there are lot of guys who do their analysis based on the graph and charts etc but they are also fail to predict anything so what is actually driving those crypto currencies ? is that ourselves ? Government ?(is it their strategy to do this drama to get bitcoin in cheaper price) Big whales ? ( what they will get out of it don't think so that big whales are the main factor)
what you guys will add for this crash?

I think its crashing because the new people that bought in a few months ago are leaving exiting the markets after not realizing quick gains.