We all are suffering the loss :( I hope it will recover soon 
:(

It is the sale of a large mass of bitcoin that has lowered the market so. I believe that the measures taken by Japan are positive in the long term. The cryptocurrency market will have an official and legal status as well. Thank you once again @tradewonk of this thorough analysis

And you forgot to mention the Dutch government 😋
As they want to have some rules about crypto trading and ico's. Guess Holland is just to small to have any impact 😬

All this makes me want governments involved (and I don't want that normally), I want laws within the sector.  There are too many "things" that allow it to be a free-for-all and it's going to be average Joe's and Jane's who get smushed.

This is a thorough and, above all, convincingly delivered. Thanks for putting up such a great article.

Thanks for this cryptocurrency news update providing....I appreciate this blog

thanks for update crypto news 😊

Thanks for sharing this @tradewonk. With governments wanting to take control of cryptos and $100M market loss will the market recover? I hope soon.. Hoping for the best..

Well, if you look at it, all these possible reasons for the crash aren't that bad... But that shows once again how emotional en sentimental this market behaves. If BTC suddenly goes down 500-1k, the people start selling off like mad men and the whole market goes down with it. Funny to watch.

Maybe this crash will be prolonged enough to finally get 1070s at decent price :)

These are not possible reasons but exact reasons.
Besides it is March, if you look back to 2017, you will see the similar pattern.

The price should explode to move upwards next week if it will not be flooded  with more negativity from various parts of the world.

Since January the market is spread by FUD like cancer that affects the whole crypto market.

The Mt Gox Trustee is selling that in a long period. Not just in 1 day.

very good explanation sir.

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The factor that will have the biggest long-term impact on cryptocurrencies is the regulation of the market around the world. Should most of the developed countries choose to follow China and prevent cryptocurrency mining and trading, the industry is doomed. However, should a significant number of them choose to follow Denmark’s policy of accepting and not taxing cryptocurrency mining and trading, the industry will thrive. This theory is backed by the following recent statement of Mr. Mohamed Damak, one of the Directors at S&P Global Ratings:

„We believe that the future success of cryptocurrencies will largely depend on the coordinated approach of global regulators and policymakers to regulate and enhance market participants' confidence in these instruments.“

yea the government becoming more strict doesn't help, they just want there cut because they see we use it even tho they don't see it as cash they wanna tax us like it is. Nobuaki Kobayashi isnt helping either still saleing in this down market isnt smart or helpful. He should just play with altcoins to make some quick gains with the money he can play with

You are correct as those are all reasons for the uncertainty in the current market.  It can be simply put as its all FUD!  

![IMG_2123.JPG](https://steemitimages.com/DQmcgxTm5b24JBbe5DeTvjoaPBTxVV4tLPuLaA3JKDwcz43/IMG_2123.JPG)
Source:  teerepublic.com

FUD is nothing new but it is the driving force that causes people to sell.  It's massive selling that is keeping the market down and people will have to get past the FUD and start buying again to turn it around.

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This post has received gratitude of 22.92% from @appreciator courtesy of @tradewonk!

All three are negative news for crypto investors and because of fear people started to sell. It's an opportunity for many who invest at down and sell at high. 

Isn't it @tradewonk?

a good post ,You only need a few hours to get it, It's different with me so it takes a very long time once a year to get it and even not necessarily I get.

Yes all caused by FUD even the mtgox sell off should not have rocked the price this week as that was a past event XEM has rebounded as it was heavily oversold.

One day, we will thank Mt. Gox and all the FUDers for the cheap Bitcoin.