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Topic: Today's price drop - page 2. (Read 2087 times)

legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
November 08, 2019, 01:47:53 AM
Hello,

I've been shocked by the drop of ETH price today. So,I checked CMC and found that all coins dropped. I don't know what happened or why.

So, what happened today? Is this related to some news? where can I follow this kind of stuff?

Thnx
You do not need to worry and panic too much, I make sure the bear market will end soon because we are at the end of the end of 2019, falling prices are a normal thing, if you use logic there is no price in this world always going up all price reduction in a while, so just enjoy waiting for next year to hold your ETH into a long-term investment

I can not recommend news sites for you to follow, because I believe their handwriting does not fully work properly and they write fake news because of money, I have never read any news to invest in bitcoin, there is no news site that is really honest  Wink
sr. member
Activity: 980
Merit: 256
Decentralized Ascending Auctions on Blockchain
November 07, 2019, 11:06:57 PM

Market is much way recovering compared than last year, even it's still nothing compared to it's all time high but i think market is already giving us a good sign for next year. The media should create much positive news for cryptocurrency so it will hook many new inevstors to invest next year. I'm sure market is still going up until the end of this year, people are gonna buy some for preparing for next halving because the price must be rise after halving, either it will instantly pump or wait like less than 6 months just like the halving before.
in the next year, some updates are ready to make the pump market respond. now the market looks good and if an update in the next year by some large crypto gives a positive effect this will trigger a pump. be patient withholding assets now and enjoy the results next year.
I am not sure when the pump will work because the investment demand this year is still very small and any investor is worry about the investment. In my opinion, you should stop at prediction and focus on researching this market more because it is possible that a downtrend can occur at any time. I personally never invest in the bear market and are always more patient because 2020 can be very volatile and that is the year I will decide to invest or not.
legendary
Activity: 2982
Merit: 1028
November 07, 2019, 07:45:37 PM
The majority of the cryptos market value are continuously falling at this moment. Relating this with this year's expectation of market recovery, it would seem not to happen before this year end, as what is being expected by most of the investors. The market situation is really frustrating to see. But knowing how high the market value became way back 2017, there's really a possibility for recovery to come but since we don't know when will such miracle occur, being patient for now would be more advisable.
It's not miracle but reality that will happen along the way, bitcoin will do the rally first then after that the industry as a whole will follow. Only coins without a purpose to serve will die and will be forgotten, but to those solid projects that will continue surviving whatever the situations there's always a high chance for the value to pumped back and reach for another ATH. Patience as always will serve as key role to succeed from this industry.
hero member
Activity: 2436
Merit: 503
Cryptocasino.com
November 07, 2019, 06:46:01 PM
No need to be surprised when there is a price reduction like that because it is a natural thing in the world of Crypto where prices are always volatile. You only need to monitor prices every day If you are a daily trader, if you are not a trader then it is better to buy a good coin in situation like this then hold it as a long-term investment.

I would be shocked if Ripple would beat Ethereum and take its place. As for the price drop, it is the usual market movement. No one can say what can happen the next moment. ETH as other cryptocurrencies can wave several times a day. Anyhow, we are close to December, and traditionally, this month brings us raises.
You would be shocked for that to happen but that has already happened several times and have you shocked to see that? people are putting the premined coin in ripple as a big problem. Ripple is actually equal to ethereum as a competitor. Again, you can't call this or next month as a bullish month. If we back in 2017 the increase that happened in the last year caused by USDT.
legendary
Activity: 2338
Merit: 1084
zknodes.org
November 07, 2019, 08:02:48 AM
Hello,

I've been shocked by the drop of ETH price today. So,I checked CMC and found that all coins dropped. I don't know what happened or why.

So, what happened today? Is this related to some news? where can I follow this kind of stuff?

Thnx

I assume what happened today is a natural thing, because I know all Crypto will not go up because sometimes crypto must fall.  but what I observed for the day was part of the correction before rising again next week.  especially now entering Friday that often happens Black Friday.  so don't be surprised to enter Friday, it often happens.
sr. member
Activity: 1638
Merit: 278
November 07, 2019, 04:42:01 AM
instead of just holding your cryptocurrencies you may use those coins and circulate those coins in to trading websites to make the profit with that.
Then holding also a good opportunity for the people who loves to hold cryptocurrencies for long duration.
any kind of investment patients is the matter to make the money here also the same.
We have some people that have no choice than to hold if they want to use it as a digital asset other than using it to make payment because when it comes to trading, it is not everybody that knows how to trade and if they are forced to distribute their coin into some of these sites, they may really not be able to make some profits other than losses.

The only thing that I would just implore those who are holding the coin to do is to try as much as possible to be patient because bitcoin investment really requires lots of patience and another thing they can just do also is to have some money they can use to buy bitcoin too when the price is down, and then sell when the price is a little bit up, at least that one does not require much strategies to do.
full member
Activity: 896
Merit: 100
November 06, 2019, 07:59:18 AM

Market is much way recovering compared than last year, even it's still nothing compared to it's all time high but i think market is already giving us a good sign for next year. The media should create much positive news for cryptocurrency so it will hook many new inevstors to invest next year. I'm sure market is still going up until the end of this year, people are gonna buy some for preparing for next halving because the price must be rise after halving, either it will instantly pump or wait like less than 6 months just like the halving before.
in the next year, some updates are ready to make the pump market respond. now the market looks good and if an update in the next year by some large crypto gives a positive effect this will trigger a pump. be patient withholding assets now and enjoy the results next year.
sr. member
Activity: 520
Merit: 250
KUWA.ai
November 06, 2019, 06:49:23 AM

Ripple by its capitalization defeats Ethereum. Look at Ripple’s total capitalization, it’s bigger than Ethereum. We must take into account those coins that have not entered the market, but they have already been created.
How can you say if xrp has now defeated ethereuem in the current market capitalization?
I think you need to provide evidence and an explanation that can indeed support the argument you are saying right now.
because to the fact on the coinmarketcap site, ethereum still ranks second as the largest market capitalization at the moment and xrp only gets third place on the list of market capitalization at the coinmarketcap site.


sr. member
Activity: 980
Merit: 252
November 06, 2019, 04:47:35 AM
The majority of the cryptos market value are continuously falling at this moment. Relating this with this year's expectation of market recovery, it would seem not to happen before this year end, as what is being expected by most of the investors. The market situation is really frustrating to see. But knowing how high the market value became way back 2017, there's really a possibility for recovery to come but since we don't know when will such miracle occur, being patient for now would be more advisable.

Market is much way recovering compared than last year, even it's still nothing compared to it's all time high but i think market is already giving us a good sign for next year. The media should create much positive news for cryptocurrency so it will hook many new inevstors to invest next year. I'm sure market is still going up until the end of this year, people are gonna buy some for preparing for next halving because the price must be rise after halving, either it will instantly pump or wait like less than 6 months just like the halving before.
sr. member
Activity: 658
Merit: 256
Freshdice.com
November 06, 2019, 04:42:16 AM
The majority of the cryptos market value are continuously falling at this moment. Relating this with this year's expectation of market recovery, it would seem not to happen before this year end, as what is being expected by most of the investors. The market situation is really frustrating to see. But knowing how high the market value became way back 2017, there's really a possibility for recovery to come but since we don't know when will such miracle occur, being patient for now would be more advisable.
sr. member
Activity: 1568
Merit: 283
November 05, 2019, 03:06:47 PM
The value of bitcoin today are really plummeting so we expect a huge bump after this and i think thr market will start to rise after the end of this month. And some speculation that the value of bitcoin will jump to $15k. We don't know if that will happen but were hoping.

And taking advantage of thr market today will surely get us a lot of profit by buying in cheap.
indeed many have predicted that BTC will rise to $ 15k supported by technical analysis and existing fundamentals. in 2020 Bitcoin Halving will occur on taggal May 14 2020, this will be good news for bitcoin and will likely increase. Bitcoin halving itself is where the reward block will be reduced by half.
This is a more realistic value to me, because when you look at it, you will see that the year is almost coming to an end, and we are yet to see much bull run, but with the bull run that bitcoin has been having like that of April, it could take the value of bitcoin to that $15k in the shortest possible time, unlike all those ones that will predict bitcoin reaching $20k by the end of this year which to me is absolutely ridiculous and baseless.

Next year will really have more activities and these activities is what will make the value of bitcoin to really surprise the world at large because the value will increase after the halving of next year, while I also see Ethereum project as another project that will really make the value of Ethereum to also rise too and recover like the way that bitcoin will recover fully next year.
full member
Activity: 567
Merit: 148
November 05, 2019, 12:12:39 PM
No need to be surprised when there is a price reduction like that because it is a natural thing in the world of Crypto where prices are always volatile. You only need to monitor prices every day If you are a daily trader, if you are not a trader then it is better to buy a good coin in situation like this then hold it as a long-term investment.

I would be shocked if Ripple would beat Ethereum and take its place. As for the price drop, it is the usual market movement. No one can say what can happen the next moment. ETH as other cryptocurrencies can wave several times a day. Anyhow, we are close to December, and traditionally, this month brings us raises.
sr. member
Activity: 1694
Merit: 268
Binance #SWGT dan CERTIK Audited
November 05, 2019, 11:05:45 AM
Everyone who understands about the crypto world I think has a lot of patience. Because they need to wait to see prices go up or wait for prices to go down to buy at the time it happens.
many factors that make crypto prices currently decrease in exchange, and this is a natural thing because it is indeed the demand and supply conditions that affect the movement of crypto prices in exchange, and usually the condition of this price reduction is one of the excellent opportunities for traders to buy investment assets at low prices, but in this case, we need a little patience in storing altcoin before the right time for us to sell it.
sr. member
Activity: 938
Merit: 256
November 04, 2019, 08:37:32 AM
I only believe if this year is a year of recovery even though sometimes the price is corrected too deep but the price can be pumped again later, with the condition throughout the year to this day I feel I know this is a year of recovery. Indeed, we cannot release the domination of the bear market, but with the current prices that are still able to struggle in the same range, then I don't think it should be a concern because the ups and downs of prices are something that is natural.
very good news that is needed by investors who invest and maybe with better conditions will make investors more interested in investing so that the development of the crypto currency will be more rapid the confidence and patience of investors will get results and profits

Yeah media plays an important role for rising of bitcoins again, they have to create a great news for over the world so investors will look at the market of cryptocurrency.
And also the community must have a strong will to create a positive environment to the world, don't spread the hate if you experienced a loss on your trade because that can make people afraid to invest in bitcoins or other cryptocurrency
sr. member
Activity: 1148
Merit: 252
November 04, 2019, 06:35:01 AM
I only believe if this year is a year of recovery even though sometimes the price is corrected too deep but the price can be pumped again later, with the condition throughout the year to this day I feel I know this is a year of recovery. Indeed, we cannot release the domination of the bear market, but with the current prices that are still able to struggle in the same range, then I don't think it should be a concern because the ups and downs of prices are something that is natural.
very good news that is needed by investors who invest and maybe with better conditions will make investors more interested in investing so that the development of the crypto currency will be more rapid the confidence and patience of investors will get results and profits
legendary
Activity: 3486
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
November 03, 2019, 03:40:26 PM
I only believe if this year is a year of recovery even though sometimes the price is corrected too deep but the price can be pumped again later, with the condition throughout the year to this day I feel I know this is a year of recovery. Indeed, we cannot release the domination of the bear market, but with the current prices that are still able to struggle in the same range, then I don't think it should be a concern because the ups and downs of prices are something that is natural.
sr. member
Activity: 658
Merit: 251
November 03, 2019, 03:23:02 PM
Hello,

I've been shocked by the drop of ETH price today. So,I checked CMC and found that all coins dropped. I don't know what happened or why.

So, what happened today? Is this related to some news? where can I follow this kind of stuff?

Thnx
When prices of potential altcoins like ETH decreases it's an opportunity to buy more at that prices because when the Bull Run will hit the market the prices will again soar high and you will get more profits but on the other side people get panic and contribute to panic selling creating dump situations in market and lose. So stay calm and just hodl your coins for long run.
many people often to say this, they think dropped price is a good chance to get coin in low price

but, the coins which have been dropped, always drop again and again. because no one knows where the exact bottom is

so, i prefer to wait until there are some good news, some up prices, even when the price goes up. idc bcs i need signal buying
hero member
Activity: 1106
Merit: 527
November 03, 2019, 12:47:37 PM
Hello,

I've been shocked by the drop of ETH price today. So,I checked CMC and found that all coins dropped. I don't know what happened or why.

So, what happened today? Is this related to some news? where can I follow this kind of stuff?

Thnx
When prices of potential altcoins like ETH decreases it's an opportunity to buy more at that prices because when the Bull Run will hit the market the prices will again soar high and you will get more profits but on the other side people get panic and contribute to panic selling creating dump situations in market and lose. So stay calm and just hodl your coins for long run.

instead of just holding your cryptocurrencies you may use those coins and circulate those coins in to trading websites to make the profit with that.
Then holding also a good opportunity for the people who loves to hold cryptocurrencies for long duration.
any kind of investment patients is the matter to make the money here also the same.
legendary
Activity: 1974
Merit: 2124
November 03, 2019, 11:12:22 AM
Hello,

I've been shocked by the drop of ETH price today. So,I checked CMC and found that all coins dropped. I don't know what happened or why.

So, what happened today? Is this related to some news? where can I follow this kind of stuff?

Thnx
When prices of potential altcoins like ETH decreases it's an opportunity to buy more at that prices because when the Bull Run will hit the market the prices will again soar high and you will get more profits but on the other side people get panic and contribute to panic selling creating dump situations in market and lose. So stay calm and just hodl your coins for long run.
sr. member
Activity: 700
Merit: 250
November 02, 2019, 10:28:33 PM
The value of bitcoin today are really plummeting so we expect a huge bump after this and i think thr market will start to rise after the end of this month. And some speculation that the value of bitcoin will jump to $15k. We don't know if that will happen but were hoping.

And taking advantage of thr market today will surely get us a lot of profit by buying in cheap.
indeed many have predicted that BTC will rise to $ 15k supported by technical analysis and existing fundamentals. in 2020 Bitcoin Halving will occur on taggal May 14 2020, this will be good news for bitcoin and will likely increase. Bitcoin halving itself is where the reward block will be reduced by half.

This is very convincing information to buy more Bitcoin and wait for price increases next year, I also have a good feeling like that because in 2020 something good will emerge that makes big profits and the growth of the rich.
I don't think further hype on Bitcoin. Because everyone know it is volatile cryptocurrency so pump and dump will happen at anytime. Obviously next year also bitcoin raise gradually but sudden fluctuation is decrease the people trust so we can survive all the time it will make good profit for every time.
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