Post
Topic
Board Speculation (Altcoins)
Re: The market is looking all red once again
by
Bonsaiav
on 22/11/2018, 19:58:07 UTC
Oh my, the market is looking all red so bad that can see nothing but the red all over the place.
What is the reason behind this massive market crash in the middle of this month of November?
Everybody is expecting another crypto boom by the end of this year like the last, why the crash now?



I think what is happening now is the aftermath of the 'complex problems' that occur between December 2017 - June 2018, such as the proliferation of manipulation actions, the bad ICO developers that lead to SCAM actions, and restrictions that occur on social networks and prohibitions that happened in various countries made by the government. In my opinion, six months is a painful event for the development of cryptocurrencies and triggers users to prefer the HOLD option rather than TRADE or PAYMENT TRANSACTIONS. If the condition says so, it certainly makes market prices tend to be stagnant, as has happened in the few months that we have just passed.