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Topic: CryptoCurrency market is crashing - page 7. (Read 1122 times)

sr. member
Activity: 980
Merit: 250
December 22, 2017, 01:06:48 PM
#57
I am not agree with your opinion as it is just a one day fall and it was expected as market was going upward very fast. This is the nature of currency market and ups and downs are always happen. Never afraid with fall because market again shoot up after this free fall.
member
Activity: 259
Merit: 10
December 22, 2017, 01:04:35 PM
#56
Is it good or bad, who knows.

In last 24 hours whole cryptocurrency market is crashed and lost 30% of its values ( including bitcoin and other altcoins).

So it can be a good time to get in or maybe its time from when bitcoin starts to fall.

What are your views on recent crash ? share your advise and reasons.
I see many people said "cryptocurrency is haven of investors" "cryptocurrency is where make everybody become rich".... when cryptocurrency is consecutive increase its value and when cryptocurrency go down then they disbelieve in cryptocurrency. I think this is very simple. After a long time cryptocurrency is consecutive increase its value then it need adjusting to stable. I believe cryptocurrency will soon increase again.
member
Activity: 162
Merit: 10
December 22, 2017, 01:04:29 PM
#55
what level do you think LTC is going to hit? There is still enormous space for correction there.
legendary
Activity: 2982
Merit: 1028
December 22, 2017, 01:04:04 PM
#54
Ive heard the people behind this bloodbath is Roger Ver and some chinese billionaires,they want to overtake the BTC with their BCash.
curious about that just in case, if they wanted to take over and make bcc as a new king why in the world the value of this said coin is also
falling, I think its just another corrections and if this be overtaken by holders and investors btc value will jump high agian.
member
Activity: 224
Merit: 10
Stable coin to make charity free for everyone
December 22, 2017, 12:58:44 PM
#53
Theres always a rainbow after the rain,just wait for few days the market will recover.
member
Activity: 126
Merit: 10
December 22, 2017, 12:57:57 PM
#52
You can just see what effect bitcoin has on whole crypto world,Untill bitcoin was growing up most alts are were also doing great,Once bitcoin started to tumble a bit all alts are also going down.Still i would say all is not gone,its just a bad phase for crypto and after few days i will get stable.
full member
Activity: 788
Merit: 100
December 22, 2017, 12:57:12 PM
#51
Market crashed because people Panic Sell Bitcoin  Undecided
Market capitalization from $630B crash to $483B
I hope this is only correction after All Time High, and bitcoin price back  Wink
full member
Activity: 434
Merit: 103
December 22, 2017, 12:45:57 PM
#50
Is it good or bad, who knows.

In last 24 hours whole cryptocurrency market is crashed and lost 30% of its values ( including bitcoin and other altcoins).

So it can be a good time to get in or maybe its time from when bitcoin starts to fall.

What are your views on recent crash ? share your advise and reasons.

The whole crash is driven by bitcoin and the outcome also dependent on bitcoin, if bitcoin falls below 10k then there will be a huge crash throughout the whole market, if bitcoin can find its feet around 13k it can be put down as a correction and while alts will face the same it won't be so painful. Expect a little period of hurt, give the market some time to settle and then see where it's at and make your decisions about rather to invest or not.
sr. member
Activity: 335
Merit: 250
DECENTRALIZED CLOUD SERVICES
December 22, 2017, 12:45:41 PM
#49
Is it good or bad, who knows.

In last 24 hours whole cryptocurrency market is crashed and lost 30% of its values ( including bitcoin and other altcoins).

So it can be a good time to get in or maybe its time from when bitcoin starts to fall.

What are your views on recent crash ? share your advise and reasons.
What is happening in the market is really bad for those who bought it in high price and good for traders this is what they want, they can buy at its lowest price then sell after the big drop
newbie
Activity: 112
Merit: 0
December 22, 2017, 12:43:51 PM
#48
I think we will see more selling from here.    I am on the sidelines for now watching for a better entry point.  Good luck everyone  Cool
jr. member
Activity: 36
Merit: 12
December 22, 2017, 12:43:07 PM
#47
i remember this headline posted on cointelegraph yesterday.... https://cointelegraph.com/news/early-bitcoin-investor-says-bitcoin-could-drop-50-before-going-higher ..................i think he was right  Grin

This person has assumed that the uptrend will continue. So gave a safe fibonacci number to come to the spotlight where he didn't notice the quick upside move and it shakes buyers confidence and also didn't consider market panic. Just my 2 cents.
full member
Activity: 289
Merit: 100
December 22, 2017, 12:35:46 PM
#46
Bitcoin is just having a correction. This happens and as a result other coins drop. Just use this opportunity to get cheap Bitcoin or coins. Cheers!
jr. member
Activity: 36
Merit: 12
December 22, 2017, 12:19:05 PM
#45
We hit fibonacci  %38 level and start to increase. This is just a correction and we will hit %50 fibonacci support line.
Don't panic and hodl guys.


Fibo 61% and a doji with large shadow would be a good confirmation of the end of the fall in prices. That is if the uptrend continues.
member
Activity: 105
Merit: 100
Get your share of the future
December 22, 2017, 12:13:00 PM
#44
Ive heard the people behind this bloodbath is Roger Ver and some chinese billionaires,they want to overtake the BTC with their BCash.

Yes, this rumor is being told everywhere which makes me doubt about if it is true or not. Only thing I can tell at the moment that is a bit early to think that market is crashing. If you draw your trend lines for btc you will see that is still up trend.
member
Activity: 186
Merit: 10
December 22, 2017, 12:02:18 PM
#43
Ive heard the people behind this bloodbath is Roger Ver and some chinese billionaires,they want to overtake the BTC with their BCash.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
December 22, 2017, 11:46:26 AM
#42
https://twitter.com/robertreidmd/status/944144137225355266 THIS little tweet might cheer us all up if this really is going to happen. It kind of looks really far away right now form ever getting to that new all time high and I am not very good at riding the waves but you never know a miracle might happen and everything might moon again in January, I hope they do as it's my Birthday next January and I will be one year older but not wiser in technical terms. For now we see the ride to the bottom and hope we live through it and survive it.
member
Activity: 70
Merit: 10
"Highest ROI crypto infrastructure"
December 22, 2017, 11:42:16 AM
#41
The price of almost all the other altcoins has increased a lot during the last few days, why you all are complaining right now?
Most of those who were already listed did more than x2 in just a few days.
Just like Ethereum, Doge, Waves, Lisk, and a few more.
full member
Activity: 280
Merit: 152
December 22, 2017, 11:25:51 AM
#40
i remember this headline posted on cointelegraph yesterday.... https://cointelegraph.com/news/early-bitcoin-investor-says-bitcoin-could-drop-50-before-going-higher ..................i think he was right  Grin
newbie
Activity: 75
Merit: 0
December 22, 2017, 11:23:06 AM
#39
It's a good time to buy, hold and have a nice cup of tea to steady your nerves.  Cool
sr. member
Activity: 476
Merit: 250
December 22, 2017, 11:22:28 AM
#38
Not this thread again  Grin
Everyone who has been in this game for a while knew that this would come, and they also know we will see it go up again Wink
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