Why all crypto market goes RED today? - page 3.

mace15

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Quote from: charlotte04 on May 12, 2018, 02:55:34 PM

Quote from: easytipz on May 11, 2018, 11:51:53 AM

Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?

Same old, same old. FUD's are again spreading to people that are scared and selling their holdings. But sometimes the market needs a healthy pullback.

Market always goes red and green, but the most reason's possible it goes red due to some of panic selling. Fuds and well we cannot say the exact reasons but let us come up with positive that market will goes into green marks.

charlotte04

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Quote from: easytipz on May 11, 2018, 11:51:53 AM

Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?

Same old, same old. FUD's are again spreading to people that are scared and selling their holdings. But sometimes the market needs a healthy pullback.

Wasaisisi

newbie

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Merit: 0

I am also confused as to why the bitcoin price is down pretty good. Is there anything going on out there that affects bitcoin prices?
But what I understand from the past the bitcoin cycle is always down and up unpredictable.

titan20

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Quote from: easytipz on May 11, 2018, 11:51:53 AM

Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?

Honestly, I don't know why the market is red again, but at least not that drastic drop.
I think everything is fine for now

K0korap

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Quote from: easytipz on May 11, 2018, 11:51:53 AM

Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?

I've heard that it's due to a company that sold huge amount of BTC. This increased the supply of BTc affecting its Price.Since BTC is a major platform to which most of the altcoins are derived, a dump in it will definitely affect most of the coins.

Qahay

newbie

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They began to sell more than buy, so the price of alternative currencies began to decline, this is a normal event.

malading

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Don't worry too much about your friends. In the past few days, some news from South Korea affected the Bitcoin market, which has caused market panic. There is also news that a large amount of Bitcoin has been sold, causing prices to fall due to excessive pressure, but all of these will soon pass. The market will once again thrive.

BossMacko

hero member

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There was a FUD regarding an exchange and it affects everything from crypto world price and other exchanges but there is nothing to worry now because everything was settled by that exchange already. Price will go back up soon sooner or later.

rreeve

newbie

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Some people do make me laugh.
Oh no, why's it doing this?
The price has dumped!
Whats going on?
Ahhhh Ahhhh

I dread to think how some people reacted at the bigger decline earlier in the year.

Just look at it as a BUYERS MARKET. It's GOOD news. Hopefully this latest small decline might motivate some of the major global financiers who are watching from the shadows to jump in. If that happens, you won't be complaining for long.

koincik

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★Bitvest.io★ Play Plinko or Invest!

The market needs a few positive developments. And unfortunately the bitcoins that are sold in the stock market fraud that we have been through the day will continue to hurt the market. It should not wait too long for this bad effect to take place in a short time. Unfortunately, these events are not forgotten in a day. It is good to hear that a lot of big investors think that they have bought Bitcoin in a considerable amount of these prices. I'm sure some of the altcoins have made some budget.

jakaKak

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Quote from: easytipz on May 11, 2018, 11:51:53 AM

Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?

Unfortunately, there is too much FUD going on these days. First the ETH SEC thing and then the bank of America FUD and on the end japanise exchange problems. There is just too much pressure on crypto worldwide right now.

Viklopot

member

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I think that's normal. the market cannot always be green. sometimes it has to be red.

rreeve

newbie

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Quote from: easytipz on May 11, 2018, 11:51:53 AM

Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?

Using words like 'dump' is just FUD
The markets have been down for a few days, that's it, end of topic.
Theres no rhyme or reason for it. (Well, actually, there probably is but it's nothing worth concerning yourself with) We all know Crypto is a young and volatile market that swings both ways.
If your happy to accept a bullish market, then it's reasonable to also accept the bearish times too.

Even though it may appear you've lost some of your investment, the reality is you haven't because we all know it's going to reverse.

The ONLY people that should concern themselves with this small decline is the people who intended to cash out today. If not, just forget about it and view this as a great opportunity to hodl some more at a nice discount.

All of my investments are long term (minimum 5 yeas) so I love it when I see a few days like this as I can get more of my next Altcoin (EOS) at a much better rate.

Ekaterinat

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The cryptocurrency market is very volatile so it is not surprising that prices go down for a short period. If we analyze the dynamics of prices over the long term, we can see that prices have increased and in the next couple of years, this growth will actively continue.

ropyu1978

hero member

Activity: 1904

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Quote from: easytipz on May 11, 2018, 11:51:53 AM

Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?

I don't know why this is happening, I have not done any analysis in this decline. but this is probably only a small correction. yes, i hope this is a small correction. but the conclusions we can take from this decline. can wait and buy some altcoin or bitcoin with the price down.

Sarisang

sr. member

Activity: 784

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some news not wearing start plagued bitcoin back. but don't be too thoughtless because certainly, the situation will get better in a little while back. Don't be too easy to sell coins when prices are like this.

batang_bitcoin

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Quote from: easytipz on May 11, 2018, 11:51:53 AM

What is going on?

There's some action in South Korea.
Cryptocurrency Market Sees $50 Billion Loss, Bitcoin Price and Tokens Down Significantly

Quote from: Karisma Black on May 12, 2018, 04:08:57 AM

It's because of the UPbit fraud issue

Thumbs up.

If someone there is worrying at today's colour, red the encouraging words of everyone here. Don't panic and learn from this moment on how you can see this as positive event.

Karisma Black

jr. member

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It's because of the UPbit fraud issue

agusiska

member

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maybe is a related by news that korea make a tax for crypto, then most people make their dump before they get caught by tax.

jtbcoins

sr. member

Activity: 560

Merit: 250

We don't need to panic. Yes, all market is red now, but this is only 10% dump. In cryptocurrency we don't even notice this changes.

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