What happen today with all Coins? - page 3.

Coin-1

legendary

Activity: 2618

Merit: 2304

Quote from: Sanctum09 on December 22, 2017, 02:21:27 AM

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.

google98

full member

Activity: 360

Merit: 100

Аs Dave Chapman commented earlier (managing director of the Hong Kong Octagon Strategy trading platform) and I`m agree with him:
The correction, like the one from today, is not surprising.

gidaahmad

full member

Activity: 476

Merit: 100

As many people are talking about, Altcoin's price decline is due to the greatly corrected Bitcoin price. And of course Altcoin exchange value will follow Bitcoin follow. This dump is only temporary before Christmas and the end of the year. Hopefully in the beginning of the year will increase dramatically.

Harrisonimo

full member

Activity: 490

Merit: 101

Quote from: Sanctum09 on December 22, 2017, 02:21:27 AM

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.

alt-fire

full member

Activity: 602

Merit: 104

everything is normal, you must experience it. this is a necessary experience.
the market punishes beginners.
when I saw such a fall for the first time - I lost 50% of the deposit, the second time I earned + 50%

2drive

member

Activity: 85

Merit: 10

The world is flat...

They shake the hamsters Grin

soon everything will return.

inturist

full member

Activity: 196

Merit: 100

Previously, there was unjustified growth today, a logical correction of all altcoins and we have some bad news.
So, yesterday it became known that the emitter of tokenized dollars Tether was the victim of the attack of hackers. Also recently, Dan Morhad, director general of investment company Pantera Capital, suggested that before the growth continues, the price of the first crypto currency will collapse by 50%. So will see more correction

mineworker

full member

Activity: 130

Merit: 100

I sold all my BTC thats what caused the crash. Grin

DimaS1574

full member

Activity: 448

Merit: 140

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

Sanctum09

newbie

Activity: 45

Merit: 0

The difference between Cryptos and stocks or the old fashion exchanges is that we have to think different.
At the cryptos mostly individuals are trading there. The behavior is different.
Also on weekends there is a lot of movement which not happens at the regular stock exchanges.

freightjoe

full member

Activity: 238

Merit: 109

Quote from: Sanctum09 on December 22, 2017, 02:21:27 AM

BTC down on 12'500
ETC, Ripple, IOTA all down more than 30%.

Whats going on?
thanks

It is the same as the dotcom crash - it crashed the price of all internet based companies (even the healthy ones). In the cryptocrash all coins will also crash.

Aventhe

full member

Activity: 322

Merit: 134

Quote from: Sanctum09 on December 22, 2017, 02:21:27 AM

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.

Sanctum09

newbie

Activity: 45

Merit: 0

BTC down on 12'500
ETC, Ripple, IOTA all down more than 30%.

Whats going on?
thanks

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