Topic: The real reason why the crypto market is crashing (Read 378 times)
I don't think so and I don't even believe that you are a Korean. From what I know the Cryptocurrency market of South Korea is separeted from any foreign exchange which means they won't be affecting the prices of the international market. The misinformation given to us cause a massive FUD which acted as a catalyst for players to start ramming the prices down. It is really not the Koreans fault as they have been used as well.
I am curious and at the same time worried. Right now at this very age we now have a means to get out of extreme poverty and world governments are pushing us back to the dumps again. Why is it they are making this hard for Crypto?
I think the January crash is a recurring phenomenon in crypto.
We will most likely see another bull run in alts by early March so now is a great time to stock up on cheap altcoins.
I don't believe the FUD that is being spread is the cause of the crash. Rather, I believe certain whales in the market are using the FUD to unload some of their holdings to create the ILLUSION that the crypto-currency market is tanking in order for the whales to scoop up cheap coins when the newbies panic sell.
We will most likely see another bull run in alts by early March so now is a great time to stock up on cheap altcoins.
I don't believe the FUD that is being spread is the cause of the crash. Rather, I believe certain whales in the market are using the FUD to unload some of their holdings to create the ILLUSION that the crypto-currency market is tanking in order for the whales to scoop up cheap coins when the newbies panic sell.
i didnt see a market crash lol
We can see a 2-year graph backward that crashing always happens at the beginning of the year. Also many problems happened in asia, specially its from china, south korea and other asian countries. I hope this soon ends and maybe the end of February or March the market will recover
yes, many an issue in asia about of bitcoin that they are reject of bitcoin. this is a effect of bitcoin and altcoins in the market cryptocurrency
I agree with you that, we expected that the price will be back soon.
It might be. Many people I talk believe that markets are crashing because bitcoin futures, many other say that we are in range of crashes, pumping era is over. But I think Korea situation is meaningful.
We can see a 2-year graph backward that crashing always happens at the beginning of the year. Also many problems happened in asia, specially its from china, south korea and other asian countries. I hope this soon ends and maybe the end of February or March the market will recover
There is never one reason as to why the markets are crashing but those over inflated prices that were happening the past 6 months or so those did not help the industry that much is for sure. And in any regard a correction is healthy and necessary, embrace it and buy that dip 
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.There was no way so many coins could keep going on the trajectory they were going on, a lot of this was fueled by excitement and not logic going up and the same thing is happening going the other way.
I think China miner ban rumor, Korea ban fake news and India ban news affected Bitcoin much. I mean it affected new investors much not Bitcoin itself.
It is not Chinese New Year...it is due payments for all the credit card expenses during the holidays! 
Yeah, that is one good reason why cryptos are suffering, too much expenses on a long holiday, but still I wonder why it is staying down and and I don't there is a reason to stay like this for too long.
Korea + China = Cancer of cryptos.
That is the only thing that you can explain, and they are really the cancer of all this recent dip, fud, or whatever you want. I really hope to see this fud finished in a few days from now, but they want to kill it instead of just making a "huge" sell off.
That is the only thing that you can explain, and they are really the cancer of all this recent dip, fud, or whatever you want. I really hope to see this fud finished in a few days from now, but they want to kill it instead of just making a "huge" sell off.
Cancer is very undeserving term. You overlook that they have created the high prices you enjoy. Take the rough with the smooth.
One word = Korea.
I'm Korean myself and it angers me that Koreans cannot just simpy hodl on to their cryptos but instead they are smashing keyboards, monitors, sinks etc. during the dips and crashes in rage and panic selling with weak hands. The more I research and look into their community forums, the more I see that they're just purely in it for the speculation and quick money jumping in and out of different cryptos. Seriously makes me want to go over there and make a public emergency announcement to just fcuking HODL. Yes, whales and the market manipulation are a problem but tbh, Korea is the bigger problem right now. Add the effects of Chinese new year, and it doesn't make it any better.
I'm Korean myself and it angers me that Koreans cannot just simpy hodl on to their cryptos but instead they are smashing keyboards, monitors, sinks etc. during the dips and crashes in rage and panic selling with weak hands. The more I research and look into their community forums, the more I see that they're just purely in it for the speculation and quick money jumping in and out of different cryptos. Seriously makes me want to go over there and make a public emergency announcement to just fcuking HODL. Yes, whales and the market manipulation are a problem but tbh, Korea is the bigger problem right now. Add the effects of Chinese new year, and it doesn't make it any better.
It's not only Korea.
From what I read, China's Central Bank send a note to all trading banks to shutdown ALL crypto-currencies operations immediately.
Both are making a lot of pressure over cryptos and are bad for us.
The user "aceptamosbitcoin" is using a forum account that does not belong to him. Ignore his messages or sign up because he hacks my account
I'd think the futures market is a big component since they can now short to oblivion.
This is false. It has already been clarified that this was just a Tweet that has been publishe in order to create more FUD (just like it is happening right now)
There is no need to worry,there is a lot of fud right now and they are only looking to make us sell all our coins, it is simple.
There is no need to worry,there is a lot of fud right now and they are only looking to make us sell all our coins, it is simple.
Quote
It's not only Korea.
From what I read, China's Central Bank send a note to all trading banks to shutdown ALL crypto-currencies operation immediately.
Both are making a lot of pressure over cryptos and are bad for us.
From what I read, China's Central Bank send a note to all trading banks to shutdown ALL crypto-currencies operation immediately.
Both are making a lot of pressure over cryptos and are bad for us.
South Kores is one of the biggest cryptomarket, if that thing really happend, so I guess this year will be the worst for crypto. But I don't think it only happened in Korea, since so many negative issues around the world, people start selling their coin,
LOL, https://www.businessinsider.com.au/cryptocurrency-traders-in-korea-react-to-bitcoin-bloodbath-2018-1?r=US&IR=T
One of the pictures shows one trader lost 75k USD, I feel bad for him/her, but hey new investors are generally weak hands.
One of the pictures shows one trader lost 75k USD, I feel bad for him/her, but hey new investors are generally weak hands.
One word = Korea.
I'm Korean myself and it angers me that Koreans cannot just simpy hodl on to their cryptos but instead they are smashing keyboards, monitors, sinks etc. during the dips and crashes in rage and panic selling with weak hands. The more I research and look into their community forums, the more I see that they're just purely in it for the speculation and quick money jumping in and out of different cryptos. Seriously makes me want to go over there and make a public emergency announcement to just fcuking HODL. Yes, whales and the market manipulation are a problem but tbh, Korea is the bigger problem right now. Add the effects of Chinese new year, and it doesn't make it any better.
I'm Korean myself and it angers me that Koreans cannot just simpy hodl on to their cryptos but instead they are smashing keyboards, monitors, sinks etc. during the dips and crashes in rage and panic selling with weak hands. The more I research and look into their community forums, the more I see that they're just purely in it for the speculation and quick money jumping in and out of different cryptos. Seriously makes me want to go over there and make a public emergency announcement to just fcuking HODL. Yes, whales and the market manipulation are a problem but tbh, Korea is the bigger problem right now. Add the effects of Chinese new year, and it doesn't make it any better.
We need to send an invasion army there or something, sort them out and make them hodl.
One word = Korea.
I'm Korean myself and it angers me that Koreans cannot just simpy hodl on to their cryptos but instead they are smashing keyboards, monitors, sinks etc. during the dips and crashes in rage and panic selling with weak hands. The more I research and look into their community forums, the more I see that they're just purely in it for the speculation and quick money jumping in and out of different cryptos. Seriously makes me want to go over there and make a public emergency announcement to just fcuking HODL. Yes, whales and the market manipulation are a problem but tbh, Korea is the bigger problem right now. Add the effects of Chinese new year, and it doesn't make it any better.
I'm Korean myself and it angers me that Koreans cannot just simpy hodl on to their cryptos but instead they are smashing keyboards, monitors, sinks etc. during the dips and crashes in rage and panic selling with weak hands. The more I research and look into their community forums, the more I see that they're just purely in it for the speculation and quick money jumping in and out of different cryptos. Seriously makes me want to go over there and make a public emergency announcement to just fcuking HODL. Yes, whales and the market manipulation are a problem but tbh, Korea is the bigger problem right now. Add the effects of Chinese new year, and it doesn't make it any better.
It's not only Korea.
From what I read, China's Central Bank send a note to all trading banks to shutdown ALL crypto-currencies operations immediately.
Both are making a lot of pressure over cryptos and are bad for us.
I'm Korean myself and it angers me that Koreans cannot just simpy hodl on to their cryptos but instead they are smashing keyboards, monitors, sinks etc. during the dips and crashes in rage and panic selling with weak hands. The more I research and look into their community forums, the more I see that they're just purely in it for the speculation and quick money jumping in and out of different cryptos. Seriously makes me want to go over there and make a public emergency announcement to just fcuking HODL. Yes, whales and the market manipulation are a problem but tbh, Korea is the bigger problem right now. Add the effects of Chinese new year, and it doesn't make it any better.
KOREA!!!
KOREA!!!
I think its a combination of the FUD spread due to Korea and China news together with market manipulation by the whales. It would explain the ups and downs at the moment.
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