Quote from: Crypto Hunter on August 08, 2018, 07:27:51 PM

Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?

As early as 2018, the market was not good in the next few months, almost until now it has not found a remarkable increase or it could be called an ordinary increase, this might be a difficult year for Bitcoin and others after the last extraordinary increase in the year there were profitable and some had losing, fear of most new FOMO people, this is only public trust in the market.

This is a big increase after the market is treated as what greedy people look like and has an impact on the psychological community that arises out of fear of investing, but all back to each other and future cryptocurrency beliefs, I personally still hold because of the future of cryptocurrency will be more brilliant than before exceeding ATH.

Quote from: ulhaq on August 09, 2018, 04:06:19 AM

Quote from: Jack_Dan on August 08, 2018, 08:10:33 PM

Quote from: fcklife on August 08, 2018, 08:08:25 PM

Quote from: Crypto Hunter on August 08, 2018, 07:27:51 PM

Hello, why is all of the cryptocurrencies are bleeding right now?
Is there any news?

I think it's normal. Crytocurrencies are performing normally. Sometimes it goes up and sometimes it goes down. It's a process that everyone should know. I am hoping the the market price will go up again before the end of the year.

no it is not.
right now people are freakin out because they are thinking about ETF rejection.
even though right now they are delayed it,but it does not mean it will be rejected by them
but people were panicking for no reason,that was why everything is moving down right now.

I disagree that it has anything to do with the ETF delay. Why would that affect anything? Has nothing to do with the fundamentals of bitcoin - no hack, etc. They have not rejected it either.

But I think that the SEC and ETF are very influential on this decline, where the delay and little by little decisions are followed by a decrease in Bitcoin prices, this is a problem that people expect to make a profit after the ETF is approved by the SEC but another fact turns out that the ETF is rejected and apparently still has one more chance to allow ETFs to be approved, people think that all negative decisions are a big disaster.