Topic: What's causing this bloodbath? (Read 2153 times)
Randomness mostly. We can't go up forever, try to ignore the noise it's healthier.
Fluctuations in cryptocurrencies prices are completely normal. Nothing special is happening.
Agree, Lets just see and wait the outcome of the year end of 2017 specially that the bitcoin value is now at $4,600 and keep rising. If the value decreases in a big gap amount then it is a possible a blood bath for them is true. But for now as what i have observed too everything is normal maybe there is a minor and isolated incidents but these cannot be called huge as blood bath term.
This is how economy has been working/works.
Crypto market is too now a part of world economy.
And smaller and larger moves by the miners, holders, traders and authorities will have effect on the individual as well as the market as whole.
Crypto market is too now a part of world economy.
And smaller and larger moves by the miners, holders, traders and authorities will have effect on the individual as well as the market as whole.
Last time it was Bitcoin cash, before that BitCoin was on a massacre.. What is it this time?
What I heard is ICOs supervision.
I think the bloodbath is because of a fall in price of Bitcoin. The volatile nature of Bitcoin is what is causing the price of all altcoins to fluctuate so much and as long as price of Bitcoin is not stable, you can still expect another bloodbath .
it is common in cryptocurrencies, let alone large-scale fluctuations, has become commonplace. the key to success in this case is not to be reckless and dare to be patient and wait for the coin to rise again
meh 4900 to 4500 is nothing really, a proper crypto drop would be from 5000 to 2000 in two months or so, then a slow steady rise/stagnation for some time, then a rapid and explosive gain to new heights, and...repeat. nothing to worry about. Now if a major exchange were to go all out GOXX then Id start to worry.
Now that... I would like the see that just for the spectacle of it. I wasn't around for the last few times BTC dropped off a cliff like that. I can't even IMAGINE the panic.
Things have been downright crazy lately. We were due for a correction and we had a little scare. This was nothing and we will see a lot worse in the next couple months. Its healthy.
It's not the bloodbath as you said it's small fluctuation and also small effect because of Chinese market Ico regulation . It's common there will be high jump in next few days.
The ICO regulation is on a killing streak? Seems overpowered 
I am not panicking, yes Crypto is volatile, but when you see everything fall at the same time, there is a reason.
I am not panicking, yes Crypto is volatile, but when you see everything fall at the same time, there is a reason.
This has happened several times. Altcoin prices are always affected by bitcoin price. soon Bitcoin and all altcoins start to increase in price. Just wait and do not panic.
Yes, it's not a bloodbath, just a baby massacre. Everything is falling, this is not your normal "fluctuation".
Fluctuations in cryptocurrencies prices are completely normal. Nothing special is happening.
That's it. This is not anything near being a bloodbath.
I think it is due to two reasons. On the one hand, a correction to be expected after prices have risen massively over weeks. Such corrections have been made many times. The second reason is uncertainty as to how far the Chinese government will monitor or even ban ICOs. A lot of money for ICOs comes from China and also most miners are in China so that such uncertainties have a big impact.
i agree with you, aslo i found many posts above doesnt care whats happening at all, they just think its the market adjustment itself, it's ridiculous turn a blind eye on the objective reason
We have been growing without a major pullback for a full month. Just another correction down before we continue to move forward.
Nobody knows exactly , maybe people taking there profit...maybe some bad news.
meh 4900 to 4500 is nothing really, a proper crypto drop would be from 5000 to 2000 in two months or so, then a slow steady rise/stagnation for some time, then a rapid and explosive gain to new heights, and...repeat. nothing to worry about. Now if a major exchange were to go all out GOXX then Id start to worry.
Last time it was Bitcoin cash, before that BitCoin was on a massacre.. What is it this time?
this is peatty simple when people are investing hard and maket had no pull back then you have crash like that one.
Markets never go up in stright line but wth waves cycles.
Now you have time to rejoin party
You rely on perpetual growth? This is a correction and it was supposed to happen a long time ago.
Correct. It is not posible to be always in green position.
The trend is always bullish. This is the most important thing.
This is not a bloodbath. Just normal price swings and market movement. Though we've seen such a thing in alts about 2 months ago where everything was in red for weeks.
There will always be growth or recession, small fluctuations of the crypto currency is a common thing, wait a bit and everything will be in its place.
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