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Topic: What happen today with all Coins? - page 2. (Read 462 times)

member
Activity: 140
Merit: 10
Feeling Relax in Underpressure
December 23, 2017, 02:08:27 AM
#33
Today almost all coins prices drop. Because BTC price drop down to 13,823 $ right now. So most of coins connect with BTC. That's why alter coins drop.
If up BTC again defeneedly other coins will up Angry
hero member
Activity: 1582
Merit: 523
December 23, 2017, 01:47:21 AM
#32
Coins lately are in red days and seems so many reasons of these prices to going down. Even btc and altcoins drops huge but in this case these coins will be back to normal. Were expected always that coins to be stable yet in this market it is always so volatile.
full member
Activity: 378
Merit: 100
December 23, 2017, 12:44:38 AM
#31
BTC down on 12'500
ETC, Ripple, IOTA all down more than 30%.

Whats going on?
thanks


I'd also like to know this.

It seems its either 1. A bitcoin crash taking down all other alts with it as collateral damage, or 2. Something in the environment of cryptos that has influenced such changes.
Collateral damage. it's very difficult to explain, because on many exchanges, main based currency for trading are Bitcoin.
So when Bitcoin was going fall, it can means they moving Btc to altcoins such as Eth, Xrp, Iota, etc. When they sell altcoins to Bitcoin, it should be Bitcoin going to raising, but in fact it's nothing happen.
And now both altcoins and Btc going to down at same time, i have no idea how this happen.
full member
Activity: 364
Merit: 127
December 22, 2017, 11:12:15 PM
#30
BTC down on 12'500
ETC, Ripple, IOTA all down more than 30%.

Whats going on?
thanks


I'd also like to know this.

It seems its either 1. A bitcoin crash taking down all other alts with it as collateral damage, or 2. Something in the environment of cryptos that has influenced such changes.

1. A bitcoin crash taking down all other alts with it as collateral damage

People look at it this way, as for new investor or new to crypto currency, when they heard about bitcoin in the news or some article they were hook instantly with the profit it might give, but then a huge problem came in, transaction were delay and new investor need to pay a huge amount of money (50$ now) just to get their bitcoin into some wallet or something, these kinds of problem with the no. 1 coin in the market will really have its effect on other coins since they are all crypto and almost promise the same thing to the user.
hero member
Activity: 840
Merit: 502
December 22, 2017, 10:39:35 PM
#29
BTC down on 12'500
ETC, Ripple, IOTA all down more than 30%.

Whats going on?
thanks

To me this just seems as if those that made the price jump for all alts are just getting their money back that is all, when almost all the market is red there are only two possible explanations something happened in bitcoin or this is just a massive correction, and since I have not heard of any big news coming from bitcoin my best guess is that this is just simply a massive correction.
legendary
Activity: 2179
Merit: 1201
December 22, 2017, 10:33:46 PM
#28
Srsly what was that?

I have a feeling that was not all yet.
legendary
Activity: 1386
Merit: 1058
December 22, 2017, 10:25:06 PM
#27
Nothing serious is going on and what we are seeing now is what anyone should have expected after a huge serious unwarranted buying of bitcoin while looking for a quick profit. Bitcoin is not a get rich quick scheme and that is what most people are forgetting, Let us see the bright future instead.

There is no reason to panic and do not worry next time it happens in the future, you will know it is a normal thing and usually when bitcoin is going down, all other coins are following it as well.
hero member
Activity: 910
Merit: 502
December 22, 2017, 10:24:01 PM
#26
Yes it is not pleasent to check  our wallets today, be patient everything will go back,  at least I would like it to happen))) any way it is bad time  to sell 
Everything will definitely go back and be back to normal eventually but I would not expect some crazy movement to the top overnight. This would keep testing each previous top supports until we finally get to the initial ATH, but at least for now, we have some sanity in the market and we expect that those who are just trying to look for profit must have reduced by now and take their time to learn more about bitcoin when the price starts rising back.
legendary
Activity: 1652
Merit: 1265
December 22, 2017, 12:54:00 PM
#25
This is just a part of the game! If you want to survive in cryptocurrency market, then don't care about such dumps.
The whole market and altcoins are going to explode soon. Just HOLD

Amen brother, except, in all due respect, the proper term is HODL.



 H
HODL
 D
 L
jr. member
Activity: 57
Merit: 4
December 22, 2017, 12:51:05 PM
#24
This is just a part of the game! If you want to survive in cryptocurrency market, then don't care about such dumps.
The whole market and altcoins are going to explode soon. Just HOLD

Amen brother, except, in all due respect, the proper term is HODL.
hero member
Activity: 1274
Merit: 519
Coindragon.com 30% Cash Back
December 22, 2017, 09:45:13 AM
#23
BTC down on 12'500
ETC, Ripple, IOTA all down more than 30%.

Whats going on?
thanks


It is only a temporary price deep in the major coin; bitcoin which is presently having its toll on the altcoins. This dip is expected majorly at this point of the year where they will be a major transfer into the fiat values. I also believe this that it will help correct the bitcoin price and also fix space for the growth of altcoins. As long as bitcoin is given the stage alone, no other coin can really have a significant value. Some of us are really waiting for the bitcoin dip so as also help with the altcoin rise in value.

I would say that it's normal because every market trend and movement that happens with altcoins are mainly affected by bitcoin, being that it is the "main" coin and the big gun that controls the highest value, market, and interest among others. It has been affecting altcoins negatively since it started its surge last November, and I think that as the price of bitcoin neutralizes, it would be a good time for altcoins to improve in value if the developers see fit to pump in their coins. Also, it is quite normal for something that rises to experience some drops at some point. No asset, even gold, oil, fiat money, and all others in the market are immune to any negative movement that would affect it's price to drop. But, like most replies say, I think once bitcoin adjusts, it would regain its strength back like what happened before.
newbie
Activity: 57
Merit: 0
December 22, 2017, 08:11:58 AM
#22
We need to see in positive terms, how about this we make buying more. So, when value is back up. Surely we have enjoyed a good profit in relatively short.
full member
Activity: 518
Merit: 101
December 22, 2017, 07:45:21 AM
#21
This is just a part of the game! If you want to survive in cryptocurrency market, then don't care about such dumps.
The whole market and altcoins are going to explode soon. Just HOLD
legendary
Activity: 2912
Merit: 6403
Blackjack.fun
December 22, 2017, 07:43:00 AM
#20
BTC down on 12'500
ETC, Ripple, IOTA all down more than 30%.

Whats going on?
thanks
The rich "whales" are going out from crypto currencies to money. But it is a good chance to buy some coins when the prices is not so high.

I've been hearing this story of whales cashing out and switching to fiat for years.
Every time there is the tiniest drop there is a whale that exists or come conspiracy plan on how the overlords are destroying crypto.

A drop from 18 000 to 13 000 is sending people into full panic mode but a 20x increase in 20 months is pretty normal, isn't it?
Bitcoin is still up 68% in the last 30 days.  68% !!!!!!

As for the other coins, who gives a damn, they always follow bitcoin, after all, it's altcoins we're talking about.

damn it. I want to go in again but it tooks soooo long to send fiat money to the exchanges.
Such a pain. fiat money ;-)

Try sending BTC without segwit to an exchange.
It is worse than banks right now.




newbie
Activity: 50
Merit: 0
December 22, 2017, 07:29:00 AM
#19
it is logical correction after massive growth last week.

big play may have some effect
member
Activity: 126
Merit: 14
December 22, 2017, 06:32:13 AM
#18
I think this will give an opportunity for investors of bitcoin to buy bitcoin now and hold & sell later. A lot of people in our country are getting weary in investing in bitcoin because a lot of people are mushing blasphemous rumors that bitcoin is fake and scams which alarming a lot of people especially those are not familiar in bitcoin. When in fact it is not even the way they stated it to be because bitcoin is a currency which gives financial freedom users the way they deserved it to be.
newbie
Activity: 45
Merit: 0
December 22, 2017, 06:24:24 AM
#17
damn it. I want to go in again but it tooks soooo long to send fiat money to the exchanges.
Such a pain. fiat money ;-)
legendary
Activity: 1442
Merit: 1016
December 22, 2017, 06:20:45 AM
#16
BTC down on 12'500
ETC, Ripple, IOTA all down more than 30%.

Whats going on?
thanks


Market was totally overheated. No buyers left. In addition some FUD and Bcash shilling by MSM.
Therefore profit taking in big portions and then lots of panic selling happened.
I'm not sure if we reached the bottom to be honest.
Still a possibility we could go lower, maybe testing $10k. Have a close eye on the chart for the next few days.
full member
Activity: 546
Merit: 102
Stake's discord https://discord.gg/cZhK9vp
December 22, 2017, 06:13:11 AM
#15
When BTC drops so does almost everything else. Doubly so for most of the alts, that don't even have trading pairs with fiat.

I guess this is the correction people kept talking about.
member
Activity: 74
Merit: 11
December 22, 2017, 06:00:34 AM
#14
Take it easy) correction of 50%? Not a problem for those who trade with cryptocurrencies.. I am absolutely calm.
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