Nearly every coin dropped last hour, any reason?
Well as always we never can point out the reson when it comes to cryptocurrency price changes thats how things are in this industry, although in the recent days many goverments/banks have started annonicing that they are looking to either ban or regulate the cryptocurrency as it became a well known way for people to gain moeny and not pay taxes, and i am not sure its true or not but i have read an article about chinese goverments thinking about banning cryptocurrency mining and that might have some affect on the current price drop.
Topic: Any reason for this current drop? (Read 333 times)
Nearly every coin dropped last hour, any reason?
Market is always changing this is the reason why coin dropped last hour Nearly every coin dropped last hour, any reason?
Yes, only one reason = FUD.
That is the only reason of why the price of almost all the altcoins (and bitcoin includeed) is dropping so hard.
Just have some patience, since everything is going to go up again without any issues soon. Just stop creating shitty threads because we all know that ALL the dips are temporary.
Nearly every coin dropped last hour, any reason?
Because markets are always changing this is the reason
Concrete news of what's going on happen on some Asian countries will probably dictate if the next price change is to go up or down. Right now the market is in a kind of limbo
Nearly every coin dropped last hour, any reason?
Well as always we never can point out the reson when it comes to cryptocurrency price changes thats how things are in this industry, although in the recent days many goverments/banks have started annonicing that they are looking to either ban or regulate the cryptocurrency as it became a well known way for people to gain moeny and not pay taxes, and i am not sure its true or not but i have read an article about chinese goverments thinking about banning cryptocurrency mining and that might have some affect on the current price drop. 
I think people are not over the panic over the news form South Korea. Bitcoin's price is not stable and everything in crypto depends of Bitcoin.
Bitcoin price is pulling the price of all crypto. This is just probably continuation of the down trend that started early this month. I am not worried about this,I made profit the last time all the market get down. I am looking forward to make profit again.
I'm curious myself. The only recent negative news I found was out of India:
https://www.express.co.uk/finance/city/907786/bitcoin-price-india-cryptocurrency-trading-btc-exchange
https://www.express.co.uk/finance/city/907786/bitcoin-price-india-cryptocurrency-trading-btc-exchange
what the hell, oh that's freaking News banks around the world starting banning BTC and people lose thier money, i don't know what they trying to do, what will be interesting if BTC keep going up athought all these bands
No news that could be the real reason) And I can ask You the opposite question: what was the reasons the market growth with 50-70% in 1-2 days? correction, manipulation or Fudd news - all of this separatelly or simultaneously could be the reasons, not only news needed.
I am tired of people reporting the price of these coin almost every hour, don't forget that Bitcoin price still has a very great influence on most of the prices of this coin and if there is something like 2-4% drop in BTC price it cross across most prices especially in Fiat
Oh man, this is only the beginning! I see the prices being reported on yahoo finance, slashdot, random news websites, everywhere. It gets old so fast. Too many people are clicking on these horribly written articles about how bitcoin dropped 10% today. It goes up and down 10% every friggin day. I would compare it to the stock market, but I guess news stations do actually report on the stock market 3-5 times a day. I think until everyone gets used to the idea of blockchain technology we will just have to deal with the hourly reports posted everywhere. It's even more ridiculous when people at work bring it up.
lol its an trending relatively on this stage of the year
Obviously what governments trying to do by regulating the market going to have an impact. Personally, I believe in crypto and I am a long term hodler, and I think whatever they try to do they will fail with decentralization.
Well crypto itself is volatile, so its no surprise actually. Probably market manipulation in some extent.
NOTE: This message was originally not posted by me, but instead by someone who compromised my account. I have deleted the content.
The main reason for current drop is the week end. This combine with slow January, some bad and some fake news from Asia and we are in this situation.
Bad news (I think is manipulation) + January usual drop + Korean exchanges removed from coinmarketcap + people panic for all those things.
Nearly every coin dropped last hour, any reason?
The only reason why there is a sudden drop on the market is because the whales are getting profit. You also do it, just so happened that the market doesn't affect everytime you dump a coin because you are not a whale. There are have many bad news about crypto.
I think everyone is waiting Korea's news
And what you give news of Korea?I think everyone is waiting Korea's news
She is the founder of the crypt?
Usually bitcoin and all crypto market expeciences a correction between november and february.
We have some bad news too, like korea, china, india negative things.
I believe that market will recover, it is time to buy.
We have some bad news too, like korea, china, india negative things.
I believe that market will recover, it is time to buy.
Jump to: