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Topic: Today's price drop - page 4. (Read 2087 times)

full member
Activity: 1204
Merit: 104
October 09, 2019, 01:32:47 PM
#93
after I saw the chart this is not an ordinary decline, maybe there are people or groups who make large sales so that the price drops dramatically this may be intentional to make the price go down with a specific purpose, usually normal coins are only in the range of 1-2%, and this one more than 10% and no news can prove this drastic decline.
It seems to me that a very significant moment is the cryptocurrency price decline, which was marked by the launch of the Bakkt futures trading.  It's no secret that the whole cryptocurrency market was waiting for this moment, because trading Bitcoin futures very quickly was supposed to affect the improvement of the situation on the cryptocurrency market.  But apparently, speculators decided to use this chance and earn more by lowering cryptocurrency prices first.
sr. member
Activity: 1526
Merit: 251
October 09, 2019, 12:23:41 PM
#92
after I saw the chart this is not an ordinary decline, maybe there are people or groups who make large sales so that the price drops dramatically this may be intentional to make the price go down with a specific purpose, usually normal coins are only in the range of 1-2%, and this one more than 10% and no news can prove this drastic decline.
hero member
Activity: 2828
Merit: 518
October 04, 2019, 05:11:59 PM
#91
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 think no need any specific reason when the price drop or growing hardly
and as i knew a smart traders will not panic when the price drop hardly,
because they already set a stop loss level in their transactions my friend
remember crypto market is very volatile
That it makes this market so much unpredictable, with its volatility it tested the trust and faith of everyone. Those who know crypto already how it works will greatly understand this that is why traders and old investors aren't so much affected to this but, the only problem is with the newcomers. They are most likely worried and even committing worse decisions and selling their coins at cheap price.
sr. member
Activity: 1036
Merit: 252
Dolphins Finance TRUSTED FINANCE
October 04, 2019, 04:44:19 PM
#90
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 think no need any specific reason when the price drop or growing hardly
and as i knew a smart traders will not panic when the price drop hardly,
because they already set a stop loss level in their transactions my friend
remember crypto market is very volatile
legendary
Activity: 1264
Merit: 1008
October 04, 2019, 04:26:52 PM
#89
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

Nothing new. Its common drop at some coins. Many coins are still green. ETH made good startup after sudden crush a few days ago. Just resting as I see. When compare the other coins, still it is one of the strongest one.
ETH 2.0 will keep awake till end of the year I think. At January with staking process, we can speak about different prices about ETH.
hero member
Activity: 1092
Merit: 501
October 04, 2019, 04:21:33 PM
#88
This is the reason to state cryptocurrency investment is high risk involved compared to other forms of investments. The price drop is massive. From the value of $1300 it has fallen to $8600. One who bought at $10000+ has to hold until there is continued growth to yield profit. Further we don't know how long this drop is going to happen or when the market gonna change bullish.
That is the risk that you take when you invest in this market, it is true that the losses can be massive if you invest at the wrong time but if you invest at the right time your profits can be spectacular and there is no other type of investment in the world that can give you the consistent huge profits that you can get in this market,
Honestly, every time is the right time to invest in crypto but selecting the right coin and the management level of the investor/holder are what determine profit.

besides you should not see the current drop in the price as something bad, it is an opportunity to buy bitcoin once again for a price below five figures.
What's most people usually focus on the consequence of the dump in the price of the crypto market but they ignore the benefit and opportunity which the downtrend market usually bring.
While I agree with that statement most of the time I must recognize that it is not always true, those that bought bitcoin at the end of 2017 when the bubble was at the top still have huge losses that they are not going to recover anytime soon, and while I have no doubts that if they are able to hold their coins for long enough not only they will recover their money but they will get profits, but it is really difficult to ask for an investor to hold their coins for that long.
member
Activity: 378
Merit: 10
Erotic Industry on the Blockchain! RachelX
September 29, 2019, 01:02:59 AM
#87
I think everyone was shocked too with what happens to the market ever since the start of bakkt there's a dump happening already. Some people expect a growth of the price yet it is unexpected to see what just happened. Bitcoin price dump too since there's a drop of a recent hashrate. You can find more here or in the internet if you search them. And since most of the coins are following the trend of Bitcoin it's expected to see a drop of the price in most altcoins.

I hope it rises again soon. I searched a little here and found a lot of talks about this RAKKT. But, still don't know what exactly is this RAKKT.
What is Bakkt?
I have just found an article on google and will explain to you what it is: "Bakkt is a digital asset platform created by ICE, the operator of 23 major international exchanges, including the New York Stock Exchange (NYSE), by far the largest exchange in the world, trading nearly 1.5 billion shares a day. "
It is exchange and helps traders have a more friendly and professional environment. but unfortunately Bakkt debuted as soon as the bear market came out and its performnance was awful on the 23rd and 24th. That is also the reason why the whole market is dumped because Bakkt is not influential.

People had a lot of expectations with this going back to the beginning of the year. It doesn't necessarily mean that Bakkt has no influence. It does. People just doesn't seem to put much effort into knowing what it really is and how it will affect future trading. And bitcoin's price movement is hardly influenced by such. I think we've proven that already several times before.

Bakkt needs time to unwind his brand and increase the volume of trading. I think that through go it will be a very liquid platform.
hero member
Activity: 924
Merit: 502
CryptoTalk.Org - Get Paid for every Post!
September 29, 2019, 12:08:51 AM
#86
I think everyone was shocked too with what happens to the market ever since the start of bakkt there's a dump happening already. Some people expect a growth of the price yet it is unexpected to see what just happened. Bitcoin price dump too since there's a drop of a recent hashrate. You can find more here or in the internet if you search them. And since most of the coins are following the trend of Bitcoin it's expected to see a drop of the price in most altcoins.

I hope it rises again soon. I searched a little here and found a lot of talks about this RAKKT. But, still don't know what exactly is this RAKKT.
What is Bakkt?
I have just found an article on google and will explain to you what it is: "Bakkt is a digital asset platform created by ICE, the operator of 23 major international exchanges, including the New York Stock Exchange (NYSE), by far the largest exchange in the world, trading nearly 1.5 billion shares a day. "
It is exchange and helps traders have a more friendly and professional environment. but unfortunately Bakkt debuted as soon as the bear market came out and its performnance was awful on the 23rd and 24th. That is also the reason why the whole market is dumped because Bakkt is not influential.

People had a lot of expectations with this going back to the beginning of the year. It doesn't necessarily mean that Bakkt has no influence. It does. People just doesn't seem to put much effort into knowing what it really is and how it will affect future trading. And bitcoin's price movement is hardly influenced by such. I think we've proven that already several times before.
full member
Activity: 403
Merit: 100
September 28, 2019, 11:48:38 PM
#85
I think everyone was shocked too with what happens to the market ever since the start of bakkt there's a dump happening already. Some people expect a growth of the price yet it is unexpected to see what just happened. Bitcoin price dump too since there's a drop of a recent hashrate. You can find more here or in the internet if you search them. And since most of the coins are following the trend of Bitcoin it's expected to see a drop of the price in most altcoins.

I hope it rises again soon. I searched a little here and found a lot of talks about this RAKKT. But, still don't know what exactly is this RAKKT.
What is Bakkt?
I have just found an article on google and will explain to you what it is: "Bakkt is a digital asset platform created by ICE, the operator of 23 major international exchanges, including the New York Stock Exchange (NYSE), by far the largest exchange in the world, trading nearly 1.5 billion shares a day. "
It is exchange and helps traders have a more friendly and professional environment. but unfortunately Bakkt debuted as soon as the bear market came out and its performnance was awful on the 23rd and 24th. That is also the reason why the whole market is dumped because Bakkt is not influential.
hero member
Activity: 1834
Merit: 523
September 28, 2019, 11:26:33 PM
#84
This week happened in ethereum and even bitcoin was not good until today but we don't know if the factors of dropping prices maybe the news are included but we cannot know the real factors behind that. But maybe this coming weeks the value of the bitcoin and the coins will rise and once you see again in the CMC the price of the coins you can a good price again.
full member
Activity: 2520
Merit: 214
Eloncoin.org - Mars, here we come!
September 28, 2019, 10:28:52 PM
#83
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 have already mentioned that all the currency and not just ethereum who’s having difficulties in growth now so it means the answer is indeed that it’s either the BAKKT or the manipulators are abusing the market because this is a sudden fall from the strong resistance of $10,000 .but this will not go down more if panicking weak don’t add to the issue
3x2
legendary
Activity: 1526
Merit: 1004
September 28, 2019, 10:21:50 PM
#82
Today the price has been stable till now. I woke up and saw 8200 USD, It has been more or less the same as yesterday. I hope the bitcoin recovers slowly and steadily from here. The Christmas is near and i hope we can have some surprise.
hero member
Activity: 1638
Merit: 505
September 28, 2019, 10:18:54 PM
#81
Of course altcoins depend on the top coins, namely bitcoin, ethereum and others, when bitcoin prices drop then we can be sure that altcoins also drop, I hope prices recover soon and investors will not hesitate to place their money.
This dependence indeed makes when negative sentiment exists on bitcoin then altcoin itself will also get its effect because it will also get the effect of falling prices if price movements on bitcoin decline, this has been a long time going on about the pattern
member
Activity: 526
Merit: 10
Lifestyle & Wellness Platform
September 28, 2019, 12:20:40 AM
#80
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
The price of ETH has dropped quite recently recently because their network is congested and there are too many transactions leading to high fees.  This has discouraged some speculators and no longer wants to hold more ETH as the network becomes worse and has no solution.  I know that the Ethereum team is researching and developing ethereum 2.0 with the new PoS algorithm.  but they were unsure of the launch date so speculators' confidence dropped and prices plummeted.
sr. member
Activity: 1722
Merit: 252
September 27, 2019, 10:22:06 PM
#79
Of course altcoins depend on the top coins, namely bitcoin, ethereum and others, when bitcoin prices drop then we can be sure that altcoins also drop, I hope prices recover soon and investors will not hesitate to place their money.
full member
Activity: 560
Merit: 105
September 27, 2019, 09:51:31 PM
#78
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
Everybody is shocked due to the value drops of most top coins in the coinmarketcap , and i think the main reason of most altcoins drops value is due to bitcoin just like what happen back in 2017 where bitcoins value suddenly goes skyrocketing and altcoins follows to grow in value significantly. And when bitcoins value goes down in 2nd quarter of 2018 , altcoins starts to goes down also that until now altcoins is not bouncing back .
hero member
Activity: 2996
Merit: 609
September 27, 2019, 03:14:09 PM
#77
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

It was an unexpected fall, although the crypto is always unpredictable. Experts swear that the reason for it could be a sudden sharp drop in BTC hash rate, which reached 98.12 EH / s on September 22, and on September 23, it was under 68 already. Cryptocurrency prices started falling at the same time. Most altcoins followed Bitcoin. Now, the hash rate is up again, but it does not mean we can wait for the fast crypto jump.
Everything would have a corresponding reason why this thing do happen.When theres a pump then people do find reasons why it do happen and same goes with the dump.

We aren't sure that hashrate drop is the reason or same with that Bakkt event but neither of these two is the reason but well lets move on these dumps can happen anytime here on crypto space which is a very unpredictable market.
full member
Activity: 567
Merit: 148
September 27, 2019, 12:49:46 PM
#76
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

It was an unexpected fall, although the crypto is always unpredictable. Experts swear that the reason for it could be a sudden sharp drop in BTC hash rate, which reached 98.12 EH / s on September 22, and on September 23, it was under 68 already. Cryptocurrency prices started falling at the same time. Most altcoins followed Bitcoin. Now, the hash rate is up again, but it does not mean we can wait for the fast crypto jump.
full member
Activity: 715
Merit: 102
September 27, 2019, 12:27:15 PM
#75
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
As of now most of the top altcoin are now down even bitcoin are now drop to 8000$ which is very terrifying that might result to another bear market. Some of people predict that bitcoin will drop to 3000$ and Ethereum is also down and try to look again there are bloody chart in the market right now.
what's the basis if someone says that bitcoin will go down further? even to the level of $ 3000?
I think it's just gibberish, the reality is that even though it has fallen sharply now the market is showing signs of upward movement,
so I think falling prices are just an ordinary correction
sr. member
Activity: 1484
Merit: 323
September 27, 2019, 11:39:54 AM
#74
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
As of now most of the top altcoin are now down even bitcoin are now drop to 8000$ which is very terrifying that might result to another bear market. Some of people predict that bitcoin will drop to 3000$ and Ethereum is also down and try to look again there are bloody chart in the market right now.
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