Ninjastic
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Re: Main reason behind crypto currencies red market in 2018
by
marine4u
on 30/08/2018, 08:45:06 UTC
Quote from: pinkflower on August 30, 2018, 05:09:43 AM
Quote from: btc_angela on August 29, 2018, 07:46:18 AM
Quote from: pinkflower on August 29, 2018, 05:16:48 AM
Quote from: Marcel666 on August 27, 2018, 03:29:55 PM
2018 has so far seen the highest funds jointly raised through ICOs.
This has a minimal effect on bitcoins value, a lot of other factors also have effects in the price.
There has been very little real possitive news for the most of 2018.

Is it? I thought 2017 was the highest amount of raised funds through ICOs that may never be repeated again because most ICO developers have already scammed millions of $ from the community. The community is wiser now but also out of BTC and $ to burn lol.

I wouldn't be surprised in 2018 is the year when ICO raised a lot of money. I think there's ICO born every minute so its possible that they attracted more investors. The problem is scammed ICO ares still present and I assume that its one reason why the market is also down, investors doesn't have the full confidence and they are getting intelligent and smarter today as compare to last year.

I would be surprised, if you ask me. Its now a bear market, everyone is dumping their tokens with losses and many people in the community who are left holding are already scammed. Theres no more money coming in anymore lol.
The decline of the entire cryptocurrency market is due to the sell-offs to take profit and cut losses of many investors making the whole market plummet since early 2018. I believe this market will not stop here. And the opportunity for investors is still very much. The market will grow strongly by the end of this year and beginning of 2019.