Coins are CRASHING!!! Is it the next crash? BTC Down to $5300 as I type this!

stripykitteh

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Quote from: grapevin on October 18, 2017, 08:27:43 PM

Get a hold of yourself man!
What is with the panic title,
"Coins are CRASHING!!!..."
Are you sure crypto is your thing?
This is normal. It's always like this, LOL.

The price going up and down is normal. The people that complain that they are losing money from their trades will only look at the prices of their coins in a few weeks and complain that they should've held their coins while the altcoins was ready to get up to a new ATH.

JohnnyUranus

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Buy the dip(s)!!!

leea-1334

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Crash? When Bitcoin loses half its value in a week, then we can call it a crash. The altcoins definitely crashed this month, with many losing more than 50% value. I know this because even though I had more than 10 alt coins in my portfolio, they lost almost 60% in total. Okay they have recovered now but I am still over 35% in red against BTC value, but that is because BTC lost about 10%. I am waiting for them to rise again but it looks like I have to wait for next year!

marados

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Oh come on just don't spread FUD!

BTC doubled in like 2 months and now it falls for some 8% and we are all out of our heads. Just keep it cool! And we got BTC hard fork coming just in few days, ofcourse we are going to see price increase in BTC now and altcoins price decrease because a lot of people are dump altcoins just to buy BTC to get Bitcoin Gold. Things will settle after the fork and it will all be back on track, no need to spread FUD and panic.

devollito

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Its not crashing. It is whale try to make a panic selling so they can grab more bitcoin before segwit2x and they will get more segwit2x coin after they succeed
.just hold on and enjoy the ride..its gonna be really interesting ride

hasmukh_rawal

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That was just a correction as it is needed for the price to be stable. We have seen that BTC is getting better stabilized prices as the correction is done. The price has increased now and might reach $6000 any time soon. Clearly its not a crash. People who sold their BTC will be crying in a corner now as they missed a big chance of selling their coins at high value.

I Am Hero

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it was like always a shake out and the weak hands were shaken out for a big profit for the experienced investors in bitcoin. where you saw "crash" it was a 4% drop where idiots panic sold and whales bought back.

and altcoins are still crashing (for real).

okissabam

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I personally think bitcoin will dump right after the fork, not then and there but probably around that week when fork will be done. But this is actually normal, I don't really get it why people are making a fuss out of it when this had been happening a few times already and the last fork happened just this August. Some people are just over hyping the fork because some trades specially newbies would then be panic selling.

grapevin

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Get a hold of yourself man!
What is with the panic title,
"Coins are CRASHING!!!..."
Are you sure crypto is your thing?
This is normal. It's always like this, LOL.

CoinCollector006

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Quote from: bitgov on October 18, 2017, 01:49:08 PM

Quote from: jules-jules on October 18, 2017, 02:14:49 AM

Why do you think the time is now? Because there was a 5-10% overall market cap correction from ALT? Lol

Sometimes I do not understand people's thinking. Just that there is a tiny drop in prices, and people already believe that the market has collapsed ... Just in such moments should return hope for earnings and investment.

There are several reason for this.

1. Some people come to crypto from bonds or balanced equity / fixed income funds and are not used to crypto volatility. So they may be frightened by relatively small moves.

2. Others over invested for their financial situation or bought at the top, or bought on leverage or have poor risk control, so they may panic even with small moves.

What I have noticed with BTC is as BTC gets more mature the magnitude of the drawdowns from the peak accumulation seems to decrease. We used to get 50% to 80% retracements from the peak, in 2017 the drawdowns appear to be smaller than they have been when BTC had a much smaller capitalization.

My advice to traders is to buy and hold your core names with strong technology/use cases. Its too easy to get kicked out by the vol and regret it later.

johnnywoo2015

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What do you expect? BTC jumped from 4200 to 5800 in matter of days like a total pump balloon.
It's normal correction and alts are always following the bitcoin.

crairezx20

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Quote from: phr0stbyt3 on October 18, 2017, 06:22:59 PM

Not sure why this happened altcoins crashing was because of fork and everyone wanted the free cash but this might be because of ether hard fork people were hoping to get something for free like bitcoin but they got disappointed and might have converted it to cash by dumping ether and bitcoin

As you can seen all altcoin are also affected so i think there is a big paper for bitcoin here because all altcoin are affected too about the price.. so the main price of altcoin is bitcoin that is why almost altcoin are affected and because i think the price of bitcoin is normal price movement right now there are other people are satisfied what is the price of bitcoin today and they are gradually selling their bitcoin to get the benefits ..
I believe that the price could be increase more since other people are also wanted to get free bitcoin gold and getting the benefits of selling it after the fork..

phr0stbyt3

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Not sure why this happened altcoins crashing was because of fork and everyone wanted the free cash but this might be because of ether hard fork people were hoping to get something for free like bitcoin but they got disappointed and might have converted it to cash by dumping ether and bitcoin

faycel96

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All the currencies continue to fall until the 24th of this month .. Because all traders are eager to take benefit of the balance bitcoingold after hard fork 2 of bitcoin.. As happened to the bitcoin Cash.

Gastotade

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Quote from: Halcyon Days on October 18, 2017, 04:31:13 PM

After BTC blasted again through the $5k wall and went even higher, this is a normal correction, which is a good thing. We want a continuos rise. Don't be worried about this kind of price fluctuation, it's still above $5k, which it wasn't a few weeks ago.

that's normal, it may fall at some amount but it will still rise,fork is approaching it might rise before that and falls after awhile,well it depends on fork if ever successful,but never panic on its dip now.

Halcyon Days

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After BTC blasted again through the $5k wall and went even higher, this is a normal correction, which is a good thing. We want a continuos rise. Don't be worried about this kind of price fluctuation, it's still above $5k, which it wasn't a few weeks ago.

ImHash

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Bitcoin was at $20 when the year started Cheesy

OP is traveling in time or is not feeling the time, we all experience the time differently but not that much to confuse 2016 for this year. in the spring of 2016 price was $300 and in the winter it was stable for a few weeks and even reached $1180 Everything started to get a rise when everyone found out about a hard fork. 5 days ago price was $4500 I wouldn't say this is a crash yet.

iminethereforeiam

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Just some technical pull back. Good news for day traders (I'm not), and noise for long term holders.

xenomorphe1

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It is normal. Not a real crash. Bitcoin will recover as usual. Altcoins too. The coins value move a lot and are not stable. That's normal.

Cicada1033

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Don't be mad. Corrections are healthy!

Coins from weak hands are handed over to long term holders so the base of the market gets stronger and higher every crash and correction. I love it!

Topic: Coins are CRASHING!!! Is it the next crash? BTC Down to $5300 as I type this! (Read 1842 times)