Topic: Coins are CRASHING!!! Is it the next crash? BTC Down to $5300 as I type this! (Read 1817 times)

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.

Buy the dip(s)!!!

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!

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.

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

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.

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).

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.

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.

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.

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.

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..

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

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.

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.

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.

Bitcoin was at $20 when the year started 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.

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

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.

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! 

For alternative coin markets to come back to life, BTC has to go sideways preferably with low volume. In situations like this, when BTC falls, people are dumping alts more to turn their BTC into FIAT.

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 big concerns with bitfinex and bittrex, that's all.
It's not about TA or other BS theories

Buy the dips and hodl!
Wait for massive pumps and sell 20%.
Buy the dips again.

Nobody or the corporation can influence or reverse the rise of Bitcoin and Ethereum. Because they are indeed centerless and people come and invest all at once. I think the price of Bitcoin will pass through 10 thousand dollars very soon and everyone will be amazed.

relax, just another day on crypto world..

I was pretty active on this forum back in 2013 / 2014 (under a different username) and the same type of posts were going on back then.  You will also see simlar talk in the yahoo finance forums.  The sky is always falling for someone. 

lol the price already recovered...

3% delta absolutely normal in Bitcoin

At this point im not even watching. Just keep holding. There will always be these dips and gains, but over time it will grow. Look how much it gained just this year. Dont panic and just keep holding.

The fork is still a week away, it will definitely rise back up before then. I wouldn't worry about a major correction/crash until after the 2nd fork is over with. Hopefully it will stabilize shortly after as we head into December.

You all should come down a little bit, this is not the end of cryptocurrencies. I expect that they will rise up in with the end of the year. Maybe we see another correction, but thats just a normal thing.

Nothing goes up every day so this is normal market behavior. Anyway, this is just a very minor pullback and can
 be over soon. Nothing big to worry about.

Its gonna correct to $4500 levels again. It was just a pump and now its gonna be back . Once Bitcoin gold comes out, it will crash.. Altcoins will definitely rise

Buddy you need to take a chill pill sky's are not falling, not yet at least

I had a day off and I pretty much spent all day reading up and analyzing different coins and all this good stuff And I found out that following coins got really good potential

1. BTC it's not going anywhere except up, small dips here and there but the road is clear and it's only one way and it's up It's gonna pump before 25th next week and then it's gonna fall again but that's just to be expected... but long hodlers will benifit as it climbes up higher and higher

2. ETH right now as I'm typing this it got small strugles a bit but like I expected and as I wrote in another thread it dipped down to 287 before it bounced up above 300 right now, in tyoing moment it's on 304. It will hang around there for about a week or so until btc fork is resolved before it continues same jurny as BTC.

3. LTC this coin is just stabile If i need to sell out of anything instead of selling into tether i would just sell into LTC it's defined coin with stability so this is a safe bet you want see any crazy tops or dips but a steady increase or decrease

4. NEO now this coin is very exciting Neo got a lots of potential and if people bought in on this dip when neo dipped to 27 they are in for a supprise. Today is Chinese Communist Party Congress or it starts today. After this my prediction that we will see NEO in a zone between 45-50.

5. Ripple hated and loved coin but I guess having a small stash of this coin isn't that bad. It's a trading coin witch you can buy and sell a lots out of but in the end I can see it climb up to a few bucks... So have a small stash of this

6. Monero / Vertcoin - Shared place on these 2 coins since both of them are good for mining From own testing with an GTX 1060 card on my home computer i could get around 20 MH/s with a little push 22 MH/s having that run in a background while you are using computer for other normal stuff except gaming could grant you couple of bucks a week that you can either save or gamble away. I belive that both of these coins got great potential to increase in value especially VTC. I can see this baby fly really high just hold on to your panties when it does

and for last there are 2 more coins that I definitly got my eyes on and that is OMG and WAVES. I'm being picky as I want lowest possible entery position but both of these coins are gonna fly right after btc fork next week belive you me

As you see there is still great coins out there with great potential you just have to use some time and read up on them and stop investing money on "sell news" factors. I have telegram with all kind of groups... they give you signal to something that is allready pumped and you go in and it crashes down like a big bag of shit... no wonder people keep screaming skys are falling every 2 minutes

alt coin party is near , did you take ur positions? 

this is not a crush, just a 10% correction. Dump is possible after oct. 25 though, but after that price will be above 5k again in a week or so.

So many times I heard this... It's just a small correction after a 2900 - > 5900 growth in less than a month. Hardly doubt it will go under 5050.

Agreed, this is a mild correction. I suspect we continue lower to around $4800 before it levels off.

This is hardly a crash. You call 10% down a crash? That's nothing for BTC, it's business as usual. It's quite common to see 20-30% changes within a matter of days, so don't worry too much of such big fluctuations. Volatility is an important aspect in the crypto world, and it's due to the low market capitalization of many coins (yes 100 billion is not much in business terms). If you consider "real" companies, they are valued at about 700 billion (Apple for example), which means that even if a lot of people buy/sell, it's still going to be only about a 1-2% change in relative terms. So don't really worry if the market goes so abrupt from day-to-day, it's normal and expected.

Hey guys I would like to invest in bitcoin, should I buy now or wait until the fork is done?

If you followed the first golden rule of crypto investment of not investing more than you can afford to lose you should have enough spare capital to just buy your coin on the way down to lower your average cost and put you in the green sooner when it rebounds. I got burned hard when I bought ant-shares at its ATH of 13$ right before the first conference, it subsequently declined to 8$ and I bought twice as much so I could sell at 13$ again and still make a nice profit. Obviously in hindsight I wish I had held till $50 but the principle is the same. This only works if your coins fundamentals are still good though. Obviously don't try to average down on a scam coin.

This is the best advice.
I wish more people would consider this instead of panicking 

This is the end times. Sell everything, repent.

Just relax and buy some cheap altcoins on the go. Corrections are part of the cycle. Use them

Cheers

Don't buy BTC, it will crashhhhhhh   https://www.youtube.com/watch?v=XbZ8zDpX2Mg .
These threads are really awensome in my opinion. They never get old, if you change the price on the title you can repost it endlessy.

Ex:

 Coins are CRASHING!!! Is it the next crash? BTC Down to $53000 as I type this!

 Coins are CRASHING!!! Is it the next crash? BTC Down to $12 as I type this!

 Coins are CRASHING!!! Is it the next crash? BTC Down to $231237 as I type this!  

What  did you expect? To see it going upwards all the time? Just take a look at the btc/usd chart from the beginning of the year, constant upward trend. Dont panic and make your moves at the right time.

In earlier years then it would be possible since it can simply manipulate price but as of now on bitcoin theres a strong support which means crash wont most likely to happen.There might be price corrections but i cant see that bitcoins price would dip down again on below 3k but well anytime it can really dip its price but wont for these years for sure.

this is just another "bitcoin panic mode" that was turned on today. although i have not yet found the reason why it has started yet. and that is why you can see the dip in bitcoin price. it is not a crash. not yet since we are far from it.

and obviously once again since bitcoin goes down, altcoins drop with it also. maybe not all and maybe not all big, but it happens too often that it is creating a rule without exception these days!

Just no panic

Like ten of these threads. I'm getting real sick of seeing them.

First I should point out, there was no "Chinese sell off" -- that never happened and was pretty much made up entirely. The "sell off" was a bunch of idiot Westerners who bought into FUD.

This dump has nothing to do with "corrections" and everything to do with the BTC fork involving Bitcoin Gold. Were you even here during the last fork with Bitcoin Cash? The exact same thing happened. People sell off their alts for BTC and then hold their BTC awaiting the fork. They do this to get more free Bitcoin Gold. There is also a bunch of people who will cash out their BTC before a fork because they are cautious and do it in case "something bad happens" ...

Anyone surprised by this or who is freaking out right now, should probably just cash out all their cryptos, because clearly they don't have the stomach for them. Go invest by putting money in a high yield savings account instead ...  

Seriously. There is nothing to worry about. Use this as an opportunity to acquire more of the coins you are following at a low price.

I agree. A correction always comes after a quick run up in prices. The old saying "what goes up must come down" is pretty true. Doesn't tell you how much it's going up or down, but make of it what you will

I do not see this as a crash, it is merely a small dip probably because of news such as Russia regulating Bitcoin mining. If you are holding for long term, don’t let this small dip affect you. The fork is coming and we are most likely expecting to see higher price in Bitcoin due to an increase of demand.

are you bored to open this kind of threads every time coins go a little down ?
its the market.. up down up down
nothing is crashing.. all my coins cost more then they were a month ago

I think this is just a litle correction

nobody really cares about coins that are "real scam" around here to be honest. if they did care none of these scams could even gain any trading volume.
the thing is, people are looking for profit and they rarely even check the project itself or its developers. they just look at some charts, the volume and sometimes the media (news) and invest if they see the possibility for a big profit.

Yeah, this is just a minor correction and as I have said it inevitable. We may see bitcoin slump to $5000 low point and ETH around $250 again. However, this should not be a cause for panic because it should happened a couple of days ago when bitcoin reach almost $6000. So we might as well go and buy more bitcoins or altcoins in this correction, for me I consider this a good buying point. And one this slump is over, we may see another ATH is offing, including a lot of alts. Bitcoin price is just about $5200 but we are going to see the price going to $5000 then consolidating and on its way to $6000 before the implementation of hard fork this 25th.

I think so too! But many coins are real scam and
These will really crash

i do not think coins will crash in near future but some will be gone in future..

Exactly, it is like this. Although its not crash merely a correction which will happen and happen... More and more i think about the only viable investment is in BTC (longterm for crypto: at least 2,3 years) and not search new altcoin unicorns, too much risk involved, since you need some knowledge for entry and getting out and follow the tech and develpoment...

Surely by Christmas even

Crash or no crash, bitcoin will worth over $10,000 in 2018.

You must be kidding me right,Chinese Sell Off?
They did not do that man,do you know that they're trying to regulate their exchanger right now ?
the reason they made that statement is to stop the exchanger in their area to operate and to make others investor to withdraw their money from it.
also,we're hitting all new high due to another split,
and a week later we should see it,and of course because of it we should see the price declining.
another flash crash will be happen in the near future after that slowly recovery.
every alts right now showed us another movement,which mean they will make their move once Bitcoin crashing.
it's a cycle and a lot of people expecting something like this

since you are posting in altcoin board you are talking about altcoin market. and it crashed only because it was pumped and pumps lead to bubbles which need to burst. and now they are bursting. Chin had nothing to do with it.

as for bitcoin, the Chinese news only was a temporary FUD that came and gone. only those who have brain make profit.

at the beginning of the year bitcoin was nearly $1100 and also no country had yet adopted it. no country had removed taxes on bitcoin either.
but now multiple countries like Japan adopted bitcoin and also removed taxes on bitcoin. that leads to real adoption and real demand that causes this price rise.

ETH on the other hand is severely pumped for no reason. only because a ton of ICOs were created on it and as soon as they stop, the price drops hard.

There will be no turning back both for bitcoin and ethereum. There is a little dip along the way of course. That is part and parcel of cryptocurrencies. They will of course rise and fall but in general you can see them climbing up. I think instead of going down, the value of these two coins will still appreciate as the year is about to close.

nothign to worry... 15.000M dollars flown away from crypto market. (175.000M to 160.000M when checking coinmarketcap)
the speculators of the last days are cashing out all profits in bitcoin before the dump around the hardfork.
BUt still a 55% dominance ob BTC, in some time all money will fly form BTC to rest of altcoins..
although if there was a crash.. it will rise again going higher... future and progress is unstoppable. history repeats ever and ever.

When the paper boy is telling you to buy bitcoin, it's time to sell.

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

another crash another new high another crash another new high and the story goes on.
thats what makes it all so exciting isnt it?
if you dont like +-5% daily you should go to forex

Well the markets reached all time highs recently so this is expected. I was expecting it to crash a lot lower after the China sell off last month, but we recovered and reached new time highs. I think another crash is bound to happen again. I mean just the beginning of the year Bitcoin was at $300 and Ethereum was $5, now just a few months later look at the prices. There has to be a correction, and that time is now. What do you think?