Quote from: coinic on August 13, 2018, 09:31:09 AM

Quote from: Omighty28 on August 02, 2018, 09:28:09 PM

Quote from: Ziaderi33 on July 07, 2018, 10:22:49 AM

I have long felt the price of crypto down, I am panicked to see the current market situation, please tell me, what causes the price of crypto down?

The cryptocurrency market is as unregulated as it can get. Things that would result in jail time on the stock market are legal here. In such a scenario, its no surprise that big players are manipulating the markets for their own gain. Its no longer rare for people to run bots to buy and sell cryptocurrencies.
Amateur investors, on the other hand, want to make quick profits. Once the price starts falling, these investors tend to panic sell. The combination of market manipulation and panic selling may be a reason behind the current price fall. One might argue that the market is going through its long term growth correction, but there is a chance it could be in for a deeper fall. The market could swing either way.

They depended the demand and supply in the market and due to the discrimination of crypto I can say that's why market right now is on dump but still it has a chances as well .

There are a lot of possible reasons. There maybe bad news spreading that is why people are afraid to invest in cryptocurrency. It may also the current market situation. The panic sellers and such. But we do not need to worry. Soon people will starting to love bitcoin again and those people who let go of the opportunity to have coins will be below of those who believes in crypto.