What just happened? - page 5. | Bitcointalksearch.org

Debonaire217

sr. member

Activity: 644

Merit: 364

In Code We Trust

Quote from: bpchill12 on November 14, 2018, 01:39:54 PM

I go on coin market cap everyday but this time when i look i see a significant drop in crypto! what happened?

The price of the bitcoin drops too much as I can see, last day, I saw it as 6000 dollars in the market but not it falls again to 5675 dollars. It's quite disturbing to see how the market is performing at this time. What we can do is to still believe that there is hope that awaits us.

Tosin12

jr. member

Activity: 364

Merit: 1

Since the sharp drop in the price of bitcoin and altcoins yesterday, there has been several rounds of development alluded to as the cause of the fast downtrend in the crypto market but no one can actually pinpoint the exact cause but I feel the market is adjusting naturally and settling for renewed growth imminently. I'm anticipating the launch of bakkt because I think it will be accompanied by some great positive development

Suwycu

jr. member

Activity: 350

Merit: 1

FABA-BREAK THROUGH IN VENTURE CAPITAL MARKET

The market for such falls occur not for the first time, so you need to treat it calmly and not to panic...

llyfee4u

full member

Activity: 444

Merit: 101

Has the world ended yet? Massive impact from incoming BCH fork i believe is the reason for this episode, and of course a ripple effect as can be expected. Going by the recent green shoots of recovery, woke up this morning and checked blockfolio, bang it hit me. IMO, this is just another opportunity to buy at discounted prices to decrease my investment average. It seems that we're stuck in this cycle for the remainder of 2018.

andor.gellenhidi

full member

Activity: 602

Merit: 100

If the conversation is still about the reasons for the collapse of the BTC price, then I think the news will come later, or maybe they already have it, only I haven’t yet seen and understood why it happened, but in general I would probably say that the situation is local and soon we let's go up again.

jrrsparkles

sr. member

Activity: 2520

Merit: 280

Hire Bitcointalk Camp. Manager @ r7promotions.com

Quote from: bpchill12 on November 14, 2018, 02:05:31 PM

Quote from: jrrsparkles on November 14, 2018, 02:02:04 PM

Quote from: bpchill12 on November 14, 2018, 01:39:54 PM

I go on coin market cap everyday but this time when i look i see a significant drop in crypto! what happened?

All the cryptos were belleding in red for now but don't know what is the exact reason behind this and as above says it maybe a whales action of huge withdrawal or some negative news about the cryptos were launced to the crypto community.But I believe this won't stay much longer we will see the red days in soon.

You believe crypto will drop even more ?

Even if they drop more it won't be stay at this level because whales won't let the price of bitcoin to be in that range since the mining is profitable is only at $6000 range so if they are not making the price to go higher then the problem is for them so don't worry it is the right time to buy coins soon it will go above that range.

smoolae

full member

Activity: 602

Merit: 106

Bitcoin cash is having some kind of dumb market sell war where Craig Wright probably just convinced a bunch of madmen to market sell 35k Bitcoin cash and completely break market liquidity.

Ganzig45

jr. member

Activity: 115

Merit: 1

GOeureka 『 https://goeureka.io/ 』

Oh, I don't even want to look at the market yet. it's all red and all my coins fell again, it's even lower than in summer. but I think it's now necessary to increase coins. so I hope for good growth.

Jadz

jr. member

Activity: 222

Merit: 2

Big dump from big guys Cool

During the crash, I usually buy the most perspective tokens at the lowest price. Wellknown: Ripple, Ethereum. I also bought some VITE and Loopring, because these coins are going to be among the greatest in a several years.

chokomenia

member

Activity: 364

Merit: 10

take & Vote or Become a IoTeX Delegate!

I really can't explain it because the price drop happen so quick, i check the price of eth it was 210$ and few hours later i check back it was already 196$, I think the drop is that some people are selling off ahead of xmas and it could continue to go downwards until it find new support level.

claus-rich

member

Activity: 364

Merit: 10

It is very difficult to understand why the market went down. I have not heard any negative news in the world of cryptocurrency. Perhaps this is the result of large manipulations.

kewlc3s

full member

Activity: 672

Merit: 140

I believe it all happened because of upcoming BCH fork..

People selling BTC and dumping price of BCH to buy them cheap.

Many investors switching to BCH nowadays. Roger Ver one of persons responsible for that.

Also oil price affected this drop

go4crypto

sr. member

Activity: 798

Merit: 263

There is some speculation that this flush down is somehow related to upcoming Bitcoin Cash fork tomorrow. But it does smell of manipulation by whales or other big boys.

passwordnow

hero member

Activity: 3136

Merit: 591

Leading Crypto Sports Betting & Casino Platform

Quote from: bpchill12 on November 14, 2018, 01:39:54 PM

I go on coin market cap everyday but this time when i look i see a significant drop in crypto! what happened?

Flash crash.

Quote from: Piskeante on November 14, 2018, 03:50:18 PM

THE MARKET IS DEAD!!! HOW MANY TIMES DOES REALITY HAVE TO HIT YOU IN THE FACE TO REALISE IT???

Dead with billion market cap? nah. The market isn't dead, if you want to discourage people here well that's you but sorry to say that the market isn't going that way.

saycryptohello

member

Activity: 574

Merit: 11

caught a wave of falling Bitcoin, all the other coins followed him. Yes, the situation of course quickly changed

frekans07

member

Activity: 280

Merit: 10

today almost all the cryptocurrency under the leadership of bitcoin were red. Unfortunately, this type of loss can happen in the crypto world, so be careful.

makadaka

jr. member

Activity: 154

Merit: 1

these are manipulations from whales and there is nothing surprising in this. everyone was expecting growth here and get a very good dump

Piskeante

member

Activity: 924

Merit: 15

THE MARKET IS DEAD!!! HOW MANY TIMES DOES REALITY HAVE TO HIT YOU IN THE FACE TO REALISE IT???

royalfestus

hero member

Activity: 2464

Merit: 519

This may be a bad sign that the bullrun may not be coming soon. It might be called a panic sell off, to me it is still my description of market manipulation. manipulation will always have a name tag. If the market does not get back soon then it might get more difficult in the coming months.

Baofeng

legendary

Activity: 2576

Merit: 1655

Quote from: bpchill12 on November 14, 2018, 01:39:54 PM

I go on coin market cap everyday but this time when i look i see a significant drop in crypto! what happened?

It's a total crypto bloodbath today. I'm speculating that it has something to do with the Bitcoin Cash scheduled fork. Just scary though to see bitcoin breaks it 52th low's today. There's probably someone big decided to dump his bitcoins prior to the said fork to make more money or just afraid of the uncertainty surrounding that event. So let's see how it pans out or when the dust have been settled.

Topic: What just happened? - page 5. (Read 1212 times)