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Topic: Crypto Bloodbath.. - page 6. (Read 961 times)

full member
Activity: 156
Merit: 100
Can I eat a Bitcoin?
January 16, 2018, 03:36:43 PM
#58
just your standard crypto swing. We hit lows that go back to Dec. 30th

Prepping for green dildo to the moon after this week
full member
Activity: 266
Merit: 107
January 16, 2018, 02:06:48 PM
#57
For me this is just a normal big correction. Its normal on Crypto world and this is not yet the end of the cryptocurrencies. As long as there is a price on it, its still have a worth. Don't think that it's the end, too early to think about that.

This bloodbath on market is sign a good to buy on and prepare your the seat for a rocket to the new moon (ATH)
sr. member
Activity: 2842
Merit: 326
Vave.com - Crypto Casino
January 16, 2018, 01:14:47 PM
#56
The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.

I've seen a lot of reasons thrown around and guess it's a combination of them all. Firstly as you said a simple correction. Secondly uncertainty around south korea and China's positions in the market and how they're going to regulate crypto. Thirdly the lunar new year coming up and many selling off to fund expenses. Fourthly all US transactions reportedly coming under taxation in future. It's not the end though, the recovery will come in time, crypto has survived much worse than this.
Definitely south Korean and Chinese clamped down and banning of Cryptos is causing more dumping and also a  FUB by mike Bell of Jp Morgan urging all government to ban  Cryptos is also affecting the prices of Cryptos presently the price of bitcoin is down to a support at $11200.
newbie
Activity: 15
Merit: 0
January 16, 2018, 12:56:56 PM
#55
The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.

I've seen a lot of reasons thrown around and guess it's a combination of them all. Firstly as you said a simple correction. Secondly uncertainty around south korea and China's positions in the market and how they're going to regulate crypto. Thirdly the lunar new year coming up and many selling off to fund expenses. Fourthly all US transactions reportedly coming under taxation in future. It's not the end though, the recovery will come in time, crypto has survived much worse than this.
newbie
Activity: 33
Merit: 0
January 16, 2018, 12:46:24 PM
#54
The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.

When there is blood in there streets its the perfect time to buy.
member
Activity: 112
Merit: 10
January 16, 2018, 12:26:25 PM
#53
China done it again, for the second time in a relatively short amount of time. Yet is is a great entry point for new people
newbie
Activity: 65
Merit: 0
January 16, 2018, 12:22:09 PM
#52
Historically, when Bitcoin has a good sell off, alts go down with it. I always thought that was counter-intuitive since people sell alts to get the bitcoin that is going down, but I suppose it is because the alts are more fragile. They seem to go up faster than bitcoin and down faster with thinner markets, so people like to ride alts as bitcoin rises and return to bitcoin when it falls. Really, though, this is just another day in the crypto market Wink
newbie
Activity: 7
Merit: 0
January 16, 2018, 12:18:01 PM
#51
We'll, it called "the market", honey... nothing grows forever, even in the best family there are cycles...
full member
Activity: 182
Merit: 100
January 16, 2018, 12:17:11 PM
#50
The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.

Bloodbath is always a great time to buy some more.

This is coordinated FUD coming from the Korea ban as well as the mass migration that is on the way https://www.reddit.com/r/CryptoCurrency/comments/7qqfcz/everybody_relax_heres_the_reason_for_the_dip_and/
full member
Activity: 476
Merit: 124
January 16, 2018, 12:12:50 PM
#49
This is all part of the market cycle in cryptoverse. It is a roller coaster ride, and a wild one. The market is being shaken off of those who are weak-handed. For those who sold on their losses, you should learn from your mistake and take this as a lesson from the crypto universe. Cryptocurrency still has a long way to go and development to its full potential could take a lot of years, so, it's not yet the end for crypto.
sr. member
Activity: 462
Merit: 254
January 16, 2018, 10:29:39 AM
#48
The crypto market are currently all in red. It seems that there is a bloodbath. How long do you think will it take and what do you think is the reason behind it? Is it just a massive price correction or is it the end for the crypto world? Just want to know your opinion about it.
We had a "bloodbath" already several times. Wait one or a few days and you will see most of cryptocurrencies bouncing back. Before you see the "end for the crypto world" study the history of cryptocurrencies and you will see, where they stood at beginning of last year. Bitcoin was on 800$, Litecoin was in 4$, Etherum on around 20$, Dash on 40$ and so on.
hero member
Activity: 644
Merit: 500
January 16, 2018, 10:19:50 AM
#47
Those who already gained a lot might be cashing out their profits and shake the market, but for us who are inside this industry we are positive that
the market will soon to rise back and we are seeing this as an opportunity for us to buy and hold more of those coins that we are supporting with
we just needed to keep calm and patiently waiting for another big jumped, this bloody days will soon to be over it can be extend but if we really
believes then just keep it on hold.
hero member
Activity: 1036
Merit: 504
January 16, 2018, 09:37:15 AM
#46
All the big whales and day traders are bleeding the markets and taking out all their profits, plus the FUD again in China and S.Korean markets is making everything go down again as usual. Unfortunately it always goes down so fast you always get caught out in the process and then lose all your profit and money. I think from now on every time I see one of my coins reach an all time high I will sell and not be emotionally attached to any project because this way I am always losing.
legendary
Activity: 1288
Merit: 1087
January 16, 2018, 09:26:44 AM
#45
i was hoping that if there was a bubble, and there sure has been one, it would be based on stuff with more fundamentals than the 2013 bubble.

in fact this time around i think it's even emptier than the last one. ridiculous stuff like tron reaching tens of billions, or ripple topping 100 billion, should be enough of a signal to anyone.

it could all iron out after a typical january or there could be a long ass way to go down. it's time newbies got schooled in how harsh this stuff can be.
newbie
Activity: 206
Merit: 0
January 16, 2018, 09:02:19 AM
#44
One thing for sure:
Who sold last week is on a better shape of who is hodling today.

Smart arses are going to shop again.
This is the opportunity for you to buy bitcoin and altcoin with the cheapest price in 2018, I am sure so. If you're holding a bitcoin or Ethereum, buy low-cost, high-value altcoins, which will be the fastest gaining coin, do not miss this best chance because you will hardly see it again it again.
I did.
But I think there is more room for another leg down.
Especially for Ripple.

And IMO we are witnessing a bit of siphoning of funds from Bitcoin to Ethereum and other Altcoins.

Good luck everyone!
newbie
Activity: 3
Merit: 0
January 16, 2018, 08:29:36 AM
#43
Guys who`s new to crypto gainig expirience like a mad man Grin
member
Activity: 266
Merit: 10
January 16, 2018, 08:40:07 AM
#43
One thing for sure:
Who sold last week is on a better shape of who is hodling today.

Smart arses are going to shop again.
This is the opportunity for you to buy bitcoin and altcoin with the cheapest price in 2018, I am sure so. If you're holding a bitcoin or Ethereum, buy low-cost, high-value altcoins, which will be the fastest gaining coin, do not miss this best chance because you will hardly see it again it again.
newbie
Activity: 206
Merit: 0
January 16, 2018, 06:44:39 AM
#42
One thing for sure:
Who sold last week is on a better shape of who is hodling today.

Smart arses are going to shop again.
newbie
Activity: 25
Merit: 0
January 16, 2018, 05:52:51 AM
#41
mostly caused because of the FUD these last days, should be over soon, hodl your coins don't panic sell
newbie
Activity: 57
Merit: 0
January 16, 2018, 05:41:14 AM
#40
I am just buying more as it dips lower. Either buy or at least hold, it is quite simple Smiley. Cryptocurrency has been in development since the 70s and it is not going away because of a January dip, so just chill out and do something productive with your time while the market recovers.
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