Topic: Over $12B wiped out from cryptocurrency market in two hours. (Read 445 times)
It really depends on investors and people, who are involved in it. The uncertainty here is all about it and cannot be stable and certain.
It's also a bit scary for the crypto industry, because everything is falling, but I think it's panic that causes big people to get there on favorable terms
I would recommand you to not get afraid of this situation. It is the bitter truth that the price will fall. The most important thing is for us right now to be patient. Very soon the price will raise and all of your afraid will go away.
if you do not have shitcoins in your portfolio, then just wait, this is Crypto, there is always a roller coaster.
I am also afraid about it. I think it will also recover, as professional forecasters say- it will happen in this December, or next January. I really do not like the situation now because I have some holdings.
Investment market is full of uncertainty. Here no one knows the future that’s why the investment market is risky. The reward of this risk is the profit. So price movement is common here. Here within one second you will lose money and you will earn double in the next second. This is not for the naïve investors.
This is the reason why the prices of the coins have dropped drastically over the past couple of weeks, so much money has been taken out of the market and there is not enough money coming in to balance out the amount of money that is leaving the market. This is why I believe that the market will stay down for a while before it can start moving up again
There's not much to do. People are already starting to panic and want to escape. I'm looking forward to some good news during the world cup.
This is the reason why the prices of the coins have dropped drastically over the past couple of weeks, so much money has been taken out of the market and there is not enough money coming in to balance out the amount of money that is leaving the market. This is why I believe that the market will stay down for a while before it can start moving up again
Well, I can understand why you are getting afraid. But I will suggest you to keep patience and keep your faith on the market. The market will rise soon and I will tell you that it is a great opportunity to grab some more coins as the price is low now. Just grab some more coins and hold it.
This is the problem that we are dealing with right now, so much money is leaving the crypto market each day which is making the prices of the coins to fall down. Even though I know that the price would go back up, things like this just means that it would take much longer than normal for the prices to recover again. People need to stop selling so much coins, it is affecting the prices.
People have varied needs and risk appetite, so there is no way to talk them out of selling when they must sell. But we can at least start to mount bullish pressure by mopping the market of the excess supply and before long the price would most likely reverse and evidently it have done as much time and again. 
Well you don't really have to be furious about this. People who have been in the crypto world for long understood the volatility of the coins. Any fluctuations don't have to count coz most of the time, it always recover through time. New people come to join the crypto world and doesnt fully understood the ins and outs and will end up leaving with a loss so i would not be surprised.
This is the reality of the crypto market.
I think every day, new whales coming into the market to get quick profit and manipulate the price. This is also what I afraid of.
I think every day, new whales coming into the market to get quick profit and manipulate the price. This is also what I afraid of.
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
This is panic sell, peoples scared of this protracted downward trend and was scared for his losing assets, but now they may to lose much more.
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
Don't be paranoid dude. Its not normal. As the price goes down, marketcap is being wipe out. But I don't know why people will suddenly go out when this is the perfect time to invest on them. And I don't know what better investment platform that gave you a good ROI other than bitcoin and crypto's so It wouldn't make sense at all to get out just because the price is going down. Its normal, even in stock market, prices go up and down everyday.
Or if they are going out, I'm sure that they will be back once the market goes up again. That's how the process work so.I wouldn't worry to much.
Really though, people shouldn't be paying all that much attention to market capitalizations of cryptocurrencies. The liquidity isn't that great outside of the top 10 or perhaps even top 5 currencies and among those there even are exceptions. Further, the volatility is just too big for the market cap to be a reliable metric.
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
take this as opportunity if you have money.. their greed cause the loss just add 5% into your purchase price and then place a sell order.. people are not moving out from crypto real investors are waiting to buy more.. just clock on the depth view map of any coin you will see there high buy orders..
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
Really ? From where the news is really coming? I dont seen anything like that happening here or there is no real buzz about it yet. Where did you learn that from. Do you have any source for it.
There was last week when people shown that about 48 Billion dollars were wiped out, they sourced it but that did not move market by much so I dont think that 12 billion would do any major effect on it.
The Crypto market is now in an embryonic state, analysts predict an increase in capitalization of up to $40 trillion in a few years. We are waiting for the regulation and further development of the market.
when a trader buys some shitcoin they want to make profit and in order to do that they have to dump that shitcoin to get their profit out. but whenever a newbie who thinks himself a trader buys a shitcoin he wants to get rich and to do that they think if they hold on to it tight they can become rich some day.
the combination of these two means big pumps while the number of bag holders increase and then a slow but big in total dump because bag holders exit slowly while the traders milk them on every dead cat bounce.
this means you see these kind of big dumps all around the altcoin market in a short period of time.
the combination of these two means big pumps while the number of bag holders increase and then a slow but big in total dump because bag holders exit slowly while the traders milk them on every dead cat bounce.
this means you see these kind of big dumps all around the altcoin market in a short period of time.
yes of course for now I see a lot of altcoin that goes down drastically and it panics some investors and maybe there are many people who hold their altcoin and indirectly know the situation like that they will soon sell it, likewise people who want to buy altcoin because it's the same way they cancel the purchase and wait for the right time to buy it.
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
And what is there to think about, you can see for yourself how market capitalization is falling and the volume of trading. And constant corrections beat out the right path even the most loyal investors, but I hope the end of summer will give us hope to regain our losses.
SO sad to hear news like this.But i don't think it will happen.Maybe the best thing for us to do is to read some articles about bitcoin to know the truth.
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
You know if you really Follow how Crypto Works you are not panicked like others do thats the nature of Cryptocurrency the market fluctuation is just normal the value of Bitcoin in this particular month of 2017 is at $2000~$3000 level? thats one year ago now at $7400+ level its double a 200% growth from that previous month of the year 2017. my point is that crypto currency is growing every year despite there is a lot competition that happening now. To everyone that has plan to venture into Crypto currency they must learn the volatility and risk factor associated in this industry.
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
Men dont be afraid because it is common here in cryptocurrency be afraid when you see Eth goes back to $200 usd and bitcoin to $2000 that is the time to be afraid but with this little crash you shall not panic unless you want to lose asset. You can always take advantage of market crashes because that is the time when you can buy cheap coins.
The issue of people moving out has been there since the inception of Bitcoin yet the market volume and cap of Bitcoin keeps increasing each time - a sign of influx of investors. There are always people who do cannot stand difficult situations and mostly those people are the ones who normally are driven by FOMO and in the end affected by FUD and panic sell.
In a bear market, any decline is normal.
People are losing confidence, so it's a terrible thing.
People are losing confidence, so it's a terrible thing.
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
I wouldn't stress to much, yet. If the market cap goes under $100 Mill will be the time I will be very concerned. The market cap this time last year, taken from CMC was June 4th 2017 $90,745,343,290.
So we're still up on last year and I have no doubts in the coming months that the market will be bullish again. People are becoming smarter with their investments, so make sure you do your research into them. Because it will be only projects with good products/technology advancements that will be the real winners.
I'm not to concerned. It would just be some whales taking profits for now and will buy back in again as it hits low points.
This happens all the time, lows and highs of the crypto market. Just enjoy the ride.
This happens all the time, lows and highs of the crypto market. Just enjoy the ride.
I think too many people are jumping into to this asset class without understanding the volaility and risk. $12 billion in a market worth hundreds of billions of dollars is not that significant.
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
who did you say moved? maybe a frustrated person who always does not understand the crypto that will fail and give up to move on to another industry. if they can be patient and want to learn, then I am sure they will love it and continue to want to settle in the world of crypto. 
As long as there are no regulated exchanges, market makers, and transparency crypto will be wild wild west of volatility.
When you see 12B wiped of the market, it is not necessarily 12b leaving the market, it is just being moved around.
There are quite a few megagroups of whales who pull together their resource to manipulate the market to how they want it to be.
In many cases, this looks like the market is crashing.
What is really happening, are huge dumps amongst these whales to purposefully force prices down so they can buy in at a price they want.
One thing we can be sure of, is that:
#1 Crypto will never go away, the tech has already entered the mainstreams mind and the financial benefits of the technology are too much to ignore
#2 The market is far away from truly crashing (bubble economies reach the trillions of dollars before popping).
As far as when the next bull run is...who knows?
This year? Next week? Next year?
It will come, but can not tell when
When you see 12B wiped of the market, it is not necessarily 12b leaving the market, it is just being moved around.
There are quite a few megagroups of whales who pull together their resource to manipulate the market to how they want it to be.
In many cases, this looks like the market is crashing.
What is really happening, are huge dumps amongst these whales to purposefully force prices down so they can buy in at a price they want.
One thing we can be sure of, is that:
#1 Crypto will never go away, the tech has already entered the mainstreams mind and the financial benefits of the technology are too much to ignore
#2 The market is far away from truly crashing (bubble economies reach the trillions of dollars before popping).
As far as when the next bull run is...who knows?
This year? Next week? Next year?
It will come, but can not tell when
No one can tell you the answer. In fact, many people believe that bitcoin will continue to rise, but they do not know when it will happen. Maybe a year, maybe two years.
cryptocurrency especially bitcoin has face the same problem years ago, but the fact price of bitcoin still on rising since the growth of blockchain and smart contract so if the project the ICO are success i really think crypto will move fast forward revolutionized the financial technology for the rest of the world. so every investment has it's own risk, just do risk management based on your capital and strategy.
Alarming question as posted in this wall. If you go back on the market preview about Bitcoin or the trading market reaction after it was posted on ICO somewhere in 2008, You can notice the same situation had happened on Bitcoin, the price value goes down and goes up depending on the volume of investment on the market. Remember Market is VOLATILE. anything happened at any given time, further, there is a RISK FACTOR in investment trading, it would depend how much money you put in, it is just the same amount of RISK your are in.
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
No need to panic, just hold your horses
, it is quite normal money find an exit route when the market is down due to panic and new investor hesitate to make new investments. Once the market is recover and stable we'll see new investors start investing. 
cryptocurrency especially bitcoin has face the same problem years ago, but the fact price of bitcoin still on rising since the growth of blockchain and smart contract so if the project the ICO are success i really think crypto will move fast forward revolutionized the financial technology for the rest of the world. so every investment has it's own risk, just do risk management based on your capital and strategy.
Investment market is full of uncertainty. Here no one knows the future that’s why the investment market is risky. The reward of this risk is the profit. So price movement is common here. Here within one second you will lose money and you will earn double in the next second. This is not for the naïve investors.
Short term price movement only matter if you are a trader or if you have foolishly invested the money you will need to meet your basic needs. For the long term investor they are meaningless. The loss of a few people failing at trading will also have very little impact on the long term prospects for the industry as a whole.
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
Whos moving out?whos that people?its not because they are withdrawing their funds meaning they are leaving this industry noob,its normal for a investors that if they think the price is threatened then will releasing funds for safekeeping but not meaning to lose their faith in crypto.If i were you,i will leave this community because people like you dont deserve to be here,just find a job work in real and never come back in crypto
The most dangerous for investors is the uncertainty. People simply do not know what will happen next, so they are covered by a panic and they all sell.
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
I think that this is just a very strong correction that began in January, and maybe that it will be another few months. But after that, I'm sure of growing
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
I think that this is just a very strong correction that began in January, and maybe that it will be another few months. But after that, I'm sure of growing 
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
Remember it has gone up from around 290 billion dollars to the more than 325 billion just in some hours. It's just a common thing. I remember the marketcap of crypto has decreased more than 500 billion just in some months. That's even worst than it. You should not feel worried about that. 
you've done a good observation and analysis of the financial transactions on cryptocurrency so you know the money has been withdrawn from the industry, I'm amazed you analyze that far, I think you should stay calm and you should relax, not everyone leaves the industry, investors will come and go, others will come to change their destiny, I am sure this industry will survive, cryptocurrency will not be extinct.
Do you believe in the news? they are manipulating the market. If you can hodl then hold don't believe on them they are the cancer of our industry. I hate it that they manipulate the market even the bitcoin itself that's why the whole market is so affected. I had read some articles regarding manipulation on coinmarketcap.
you've done a good observation and analysis of the financial transactions on cryptocurrency so you know the money has been withdrawn from the industry, I'm amazed you analyze that far, I think you should stay calm and you should relax, not everyone leaves the industry, investors will come and go, others will come to change their destiny, I am sure this industry will survive, cryptocurrency will not be extinct.
I'm still hodling, it will rebound.
Sure thing. I'm sure of that too. The market cap was somewhere around $280 billion dollars in February - march when the bear market was at it peak. The market recovered to over $400+ billion dollars market capitalization. Currently, every is just selling whatever they think should be sold while the whales prey on the the weak hands. So I'm not really surprised. The market will recover soon. If not now, In the near future.
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
many are experiencing the same thing but it does not matter as long as many who want crypto then the attraction will increase again
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
I think that all this is planned. I do not believe that this is already over and that there will be no more growth
I'm still hodling, it will rebound.
I know the market is facing price crash right now and many people have started to panic for this, But, my suggestion is price fluctutation is very normal phenomenon to crypto market. There's nothing to worry about it. the price will rise up very soon.
Since January, I've read so many different predictions. These are absolutely diametrical opinions. Some predict a fall, others promise incredible heights. I think the first and the others are wrong. Now no one knows what factors will affect the market in the future, no one knows what will happen tomorrow.
One thing is clear to me at 100% -bastards bankers have come close to cryptocurrency. They buy up various exchanges, invest large sums in projects to manipulate prices, they have good marketers to manipulate public opinion.
One thing is clear to me at 100% -
This is the problem that we are dealing with right now, so much money is leaving the crypto market each day which is making the prices of the coins to fall down. Even though I know that the price would go back up, things like this just means that it would take much longer than normal for the prices to recover again. People need to stop selling so much coins, it is affecting the prices.
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
People don't "move out from this industry". It's only the inexperienced trader wannabes that are losing their money (some their lunch money, some others borrowed money, depending on how greedy they were when they got struck by FOMO).
Some traders have already cached out. Some traders have just started buying again for when cryptos will rise again.
Unfortunately many are thinking only about the price and about the ATH. Well, bad news: it seems that November-December was a bubble. A correction had do happen. Now it's something else (whales' dance), but I hope it won't last too much more...
If you do believe in your coins, then you have to learn about patience too.
Over $12B wiped out from cryptocurrency market in two hours; Bitcoin, Ethereum, and Ripple are bleeding
I am really afraid thinkg the current situation.
Then don't think of the situation if you are afraid of it. You need some time to rest so your mind will not be focus on the market which is stressful.I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
You know it but you are doubting it. Let those investors get out of the market while they can but once bitcoin and the rest starts to climb, they'll be back for sure.
I am really afraid thinkg the current situation. I know and believe that market can go up anytime. But day by day, people are loosing and moving out from this industry which is really unexpected. What do ou think regrding this?
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