Post
Topic
Board Speculation
Re: Main reason for the price drop
by
Bakemat
on 14/07/2018, 18:33:37 UTC
I read some news this last week, and there is some indication of wash trading and spoofing going on, so the prices are dropping.

Do you think this is the reason, or the movements of the market are normal ?

The market price is based on supply and demand so obviously there are more people who wants to sell their coins more than investing and that is the reason for the price to drop.