Post
Topic
Board Speculation (Altcoins)
Re: Why is the Crypto Market going down?
by
Spoop
on 02/10/2018, 21:58:11 UTC
It has been a long Bear year.
Bitcoin went down by $1000 in a matter of minutes 2 days ago.
Ethereum is dying.
What is going on?

There is not enough money coming in. When it comes to crypto it is just like any other commodity and demand is what determines if the price will stay up or down and right now there is not a lot of demand for the coins. It is most likely going to be like this for a long time to come and with so many icos taking out money from the market, expect lower prices