Ninjastic
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Board Economics
Re: The whole market is going down. Any particular reason for that?
by
Kronos21
on 01/01/2019, 13:33:51 UTC
Quote from: Ahimoth on January 01, 2019, 10:14:56 AM
Quote from: Johnyz on January 01, 2019, 09:45:42 AM
Quote from: Juggy777 on December 31, 2018, 05:33:06 PM
Quote from: SnapDown22 on December 31, 2018, 10:32:09 AM
My reason is that market prices are down because the content in the forum is not good and does not support bitcoin and the many rampant hackers that have been damaging the bitcoin image and I order for 2019 we must eradicate hackers that are dibitcoin and use good words in the bitcoin forum

I don't understand what you meant by prices are down because of the content of this forum, I do hope you understand that Bitcointalk doesn't influence prices we merely discuss events and prices here. The reason the prices are because of constant selling, and lack of positive news for bitcoins. Also one major reason is the lack of demand for it from institutional investors which is hurting it, but I feel 2019 shall be better.
Well this forum doesn’t affect the market, this is not a bias forum where you can discuss everything about crypto and any other concerns that you want to be discussed. The whole market is down because the manipulators are taking profit, and we can’t do anything about that. The demand this year for cryptocurrency will increase soon.
Well there is some reason to the market to going down when some people believe to the wrong news about it without making sure if its true or not. So I think the other reason why market dumping is because of the wrong prediction and many of us believe to it. But honestly we don't know what is the real reason why market goes down because there's a lot reason but we dont know what is the main reason of it.
I think that the main reason for the fall in prices is the uncontrolled ability of speculators to buy cryptocurrencies and sell them outside the exchanges. Modern cryptocurrency exchanges are only a showcase of the price at which speculators want to buy assets from miners. The news is also coming up with them in order to manipulate the market.