Who knows why every crypto is falling? - page 4.

BagzMM

member

Activity: 378

Merit: 10

Quote from: akram143 on January 16, 2018, 05:16:14 AM

When I saw the prices of crypto currencies there is almost every coin's price fell upto 20%.Do you think this is just happening due to South Korea's ban over crypto currencies or there is other reasons for that.

I hope the condition will be back normal soon but I am worried a lot. Sad

I think this is due to corrections and after a couple of days this will return to pumping mode.
Sometimes we can question what's happening in here, be worried at most but we should believe as this will go up.
Cryptomarket is unpredictable.

Dxdiax26

full member

Activity: 267

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Who knows why every crypto falls? I think because many countries are tightening regulation of cryptocurency in their respective countries or banning the use of cryptocurency in the country just as it did in south korea country which prohibits its country for the use of cryptocurency currency.but I think it will pass soon I think if the currency cryptocurency is very strong to be rolled.

alizay

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Activity: 123

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Quote from: akram143 on January 16, 2018, 05:16:14 AM

When I saw the prices of crypto currencies there is almost every coin's price fell upto 20%.Do you think this is just happening due to South Korea's ban over crypto currencies or there is other reasons for that.

I hope the condition will be back normal soon but I am worried a lot. Sad

There is no ban in South Korea https://cointelegraph.com/news/official-no-cryptocurrency-trading-ban-in-south-korea-government-says

cris17

full member

Activity: 640

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Quote from: maxxdxx on January 16, 2018, 09:53:29 AM

All of the major alt coins are taking a hit. It is more likely due to the increased clampdown by the Chinese government, nothing to do with season. Keep your coins if you believe in the technology. If you're in for the money get out while you can.

I think all this is temporary, Chinese news, Chinese New Year, games of big investors. Just wait and you will see BTC back to 20000$ and up.

Bezobraznike

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★Bitvest.io★ Play Plinko or Invest!

Quote from: gandhe83 on January 16, 2018, 09:50:13 AM

Quote from: m9shn9sh on January 16, 2018, 09:45:51 AM

This is due to several reasons. Basically, this is a sharp reaction from the Chinese authorities about the ban. They also have a new year now. I think it somehow touches today's fall. Do not panic in this situation!

Not only is the altcoin copper is falling but the bitcoin itself is also deeply discounted. This shows that whale investors are trying to bring the market down deep to continue to buy the coin at extremely cheap prices. I think this market has witnessed so many things and so be really lucid when deciding.

I think same too, whales wish to buy more at cheap prices, market
young as it is is vulnerable on manipulations of that kind. Gande I agree
with you that times are lucid and we need to be careful when we make
decisions, like now to hold and to not panic.
M9shn9sh I do not think that Chinese have anything with this, they can
inflict on some prices, but all market is suffering. People spent all their money
for New Year holidays, Christmas, now they are withdrawing money, for few
weeks money will start to return in crypto-currencies.

whirlcoin

full member

Activity: 602

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The current downfall in the cryotocurrency price is due to China's ban,not due to South Korea that is not a big populated country when compared to China.Recently China stoppes ICOs and local cryotocurrency exchanges on their country but now they want to totally ban cryotocurrency over their country.So there is huge fall in the investors because most of the cryp traders and investors are from China.

maxxdxx

full member

Activity: 199

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All of the major alt coins are taking a hit. It is more likely due to the increased clampdown by the Chinese government, nothing to do with season. Keep your coins if you believe in the technology. If you're in for the money get out while you can.

gandhe83

member

Activity: 266

Merit: 10

Quote from: m9shn9sh on January 16, 2018, 09:45:51 AM

This is due to several reasons. Basically, this is a sharp reaction from the Chinese authorities about the ban. They also have a new year now. I think it somehow touches today's fall. Do not panic in this situation!

Not only is the altcoin copper is falling but the bitcoin itself is also deeply discounted. This shows that whale investors are trying to bring the market down deep to continue to buy the coin at extremely cheap prices. I think this market has witnessed so many things and so be really lucid when deciding.

shezu007

full member

Activity: 336

Merit: 121

Totally depend on only two factor supply and Demand.
Nowadays demand of crypto are decreases because more people are doing transaction as this is new year so mostly people are calculating their whole year business detail. So when traders again start investing then prices will again start increasing. So you don't worry to panic about falling price. You need to save more and more crypto coins now for future.

m9shn9sh

member

Activity: 182

Merit: 10

This is due to several reasons. Basically, this is a sharp reaction from the Chinese authorities about the ban. They also have a new year now. I think it somehow touches today's fall. Do not panic in this situation!

nufeils

newbie

Activity: 15

Merit: 0

I think it is just a healthy correction after an insane bull run we had in the past couple months. The market will bounce back in no time, just wait.

rodskee

full member

Activity: 2408

Merit: 202

Quote from: semobo on January 16, 2018, 08:01:23 AM

Quote from: Pengbin0211 on January 16, 2018, 07:44:02 AM

Don’t worry. Hold your crypto until March.
Do not sell it in a cheap price.
Hold and be patient then your crypto will surprise you.

Can I know on what basis hold the crypto upto march?

I think there are no basis holding cypto until march that an self analysts and base on observations last year
But I beleve on that standing principle believing the stronger currency bitcoin as decentralized.

Yeah it is better to hold our cryotocurrency than selling them for losses.I don't know this is that healthy price correction or trap from the big whales.
Hopefully the price may recover until that keep all our holding is the good option.
[/quote]
Recovery of the price are hard to predict when its come back at same price value in the marketcap this the challenge for the cryptos holder's how can control themself to hodl.

arseaboy

hero member

Activity: 644

Merit: 500

Quote from: mangocreatorz on January 16, 2018, 09:31:42 AM

Don't worry, guys. I think, it is normal situation because bitcoin become not a good coin for buying something or somwhere. And other cryptos are falling too.

downfall was been speculate to be down up to 8k$ so maybe we will expect more bloody days inside crypto it's better to stay away from the
exchange so we wont be trapped or fall into panic if we seen really a bad sign of big loses, waiting for another day will be better than selling
with a loses, or if you are an investors today might be a good day for you to collect some bag holdings.

DexterRock

newbie

Activity: 37

Merit: 0

Quote from: Davidbee on January 16, 2018, 07:24:58 AM

No one knows why all the coin in the rapid fall, I just want to reduce my loss, I'm going to sell part of my holdings of the currency, at the right time to buy back, I panic

To be honest you will only loose money if you sell at the wrong time. Holding BTC when it is down you will not loose unless you sell it on exchange for cash. So if you want to reduce your loss you are better off holding your coins and buy more. There is no guarantee that it will go back rightaway to the 20k mark but selling now if you bought higher you are just feeding the whales who sold you bitcoins when it was high and who have buy orders sitting at 10000 USD/BTC and waiting for you to sell it to them in panic with loss ...

ardyology

full member

Activity: 238

Merit: 101

Escorting Meets The Sharing Economy

It is simply because of the widespread aggressiveness of China to ban Bitcoin exchanges and its platform extensions. I believe this is just a minor setback since we've seen it already in Korea. After this, the party will definitely continue and we will see the rise of Bitcoin once again. As for trading those coins, it would be best to trade less in the meantime to minimize the risk.

mangocreatorz

newbie

Activity: 54

Merit: 0

Don't worry, guys. I think, it is normal situation because bitcoin become not a good coin for buying something or somwhere. And other cryptos are falling too.

olya_n

member

Activity: 280

Merit: 10

Quote from: akram143 on January 16, 2018, 05:16:14 AM

When I saw the prices of crypto currencies there is almost every coin's price fell upto 20%.Do you think this is just happening due to South Korea's ban over crypto currencies or there is other reasons for that.

I hope the condition will be back normal soon but I am worried a lot. Sad

Do not worry, the dump in the crypto currency market is inevitable. There will be a pamp, you just need to wait. Do not panic or sell your coins at low prices.

jonaire99

member

Activity: 588

Merit: 11

Quote from: akram143 on January 16, 2018, 05:16:14 AM

When I saw the prices of crypto currencies there is almost every coin's price fell upto 20%.Do you think this is just happening due to South Korea's ban over crypto currencies or there is other reasons for that.

I hope the condition will be back normal soon but I am worried a lot. Sad

The bitcoin price drop might be due to some government actions partculaly the ongoing crackdown in china followed by spreading FUD. It may also time for bitcoin to consolidate its price after a long price uptrend last year.

dark08

full member

Activity: 798

Merit: 104

Quote from: rodskee on January 16, 2018, 09:14:54 AM

Quote from: Chris314 on January 16, 2018, 05:18:52 AM

I'm not, it's frequent there are dips in cryptocurrencies, corrections. It could even go lower without breaking the long term upwards tendancy. Don't forget that only two months ago, bitcoin was around 6k$.

I really agree on this answer there are nothibg can exactly control the bitcoin how much the price in every minute goes dump or up the price value.
I think that is the effect of incoming corrections hard fork for the first month of the year don't panic just stayncalm and relax in some other time the price are uprise again not only fo Bitcoin including the altcoins.

Yes its better tobe calm impact this is the best time to buy more bitcoin the price are dump so high this is happen because some news say that korea are banning bitcoin I dont know if this is true all china government announce some big event happen to bitcoin and this news spread in crypto world. After this dump happen we can assure a big big pump up soon this is normal in crypto world hehe

jinksters09

member

Activity: 126

Merit: 16

Well, it's part of the trading business especially in a buying and selling kind of mode where everything depends upon the demand of bitcoin which is actually something to look into because the trend will be one of the basis if the bitcoin price is going to increase or decrease. We'll just have to wait and see what is going to happen in the price movement of bitcoin.

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