Quote from: hxtop on September 09, 2018, 11:22:18 PM

Of course, all sorts of price manipulations are heavily influencing the crypto market. Unlike manipulations this year, I think the changing economic conditions in the world are also having a negative effect on the crypto market.

In our country alone, people are having problems how to budget their salaries because of the continuous increase of the basic necessities due to inflation that's why the investment vehicles are down not only in cryptocurrency market but including the stock market and exchange rates are going down as well. We are currently in a financial crisis that's why the market is down and you add to it the bad news about every thing related to bitcoin and it would cause people to panic sell.

Quote from: abruchifid on September 09, 2018, 09:39:48 PM

The market may continue until people finally understand how it is played and will be less inclined to sell off their bitcoins in a panic or dump in price, it will gradually become less severe as everyone will learn to ignore it.And the market will just grow naturally

Every time the market goes down, it's not only the newbies who panic sell that are doing it but those who are professional traders are selling as well because they know how to short the market and if you have observed in the past, it is more profitable to short it because it's going down too fast compared to going up that's why they are at an advantage when it comes to shorting and when it drops, it drops hard.