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Topic: Why all crypto market goes RED today? - page 6. (Read 1539 times)

kc.
sr. member
Activity: 267
Merit: 250
uh-huh
If BTC goes down, all the alts follow usually.
full member
Activity: 476
Merit: 105
The speculation is that the drop was precipitated by 8200 BTC being dumped by the trustee of the Mt Gox exchange, putting a lot of sell pressure on the market. And where BTC goes, the rest of the market follows. https://www.ccn.com/8200-btc-moved-from-mt-gox-wallet-possible-sell-off-affects-bitcoin-price/
This is one of the reasons why but we have a lot of factors, news, and fuds to consider about that, maybe some whales and major investors want to play it safe by converting their funds to fiat or other cryptos so that they will not be dragged by these Mt.gox trustee thousands of bitcoin dumping scheme, he just move the funds away from the former wallet but people tend to react fast, they monitors these wallets for sure.
full member
Activity: 448
Merit: 110
because there is a huge dumping happening in the market. Also SK's largest cyrptocurrency exchange was hunted down by their police / government. but i think it will not be long enough and it will go back to normal.
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https://streamies.io/
Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?
I think the sharks took advantage of Gates' statements to create FUD. Bill Gates made the most recent statement that he would sell bitcoin if he had a chance. The sharks have recognized it as an opportunity to make the market go down, many panicked and sold off.
That's just a normal downside and the value of the bitcoin is not affected. Trust the bright future of bitcoin.
sr. member
Activity: 1036
Merit: 252
Dolphins Finance TRUSTED FINANCE
The speculation is that the drop was precipitated by 8200 BTC being dumped by the trustee of the Mt Gox exchange, putting a lot of sell pressure on the market. And where BTC goes, the rest of the market follows. https://www.ccn.com/8200-btc-moved-from-mt-gox-wallet-possible-sell-off-affects-bitcoin-price/

nice informations mate, maybe i can said this rumors is a fundamentaly
but, in technically, i think bitcoin price can't break the strong resistant at 10K USD
so, the price down for a big corrections, then when bitcoin price down, of course most of crypto will be red in USD terms  Wink
full member
Activity: 630
Merit: 100
Korean fud will not last long, exchanges getting raided are getting quite frequent now. I doubt they will uncover anything, and if they do it doesn't matter as there are many more exchanges to trade from. They can simply move to kucoin if transactions are still open.
member
Activity: 151
Merit: 10
Maybe FUD on country which that country was so influental on cryptocurrency
You know that FUD got big effect for cryptocurrency
Like korea commands their people to paying tax for cryptocurrency
jr. member
Activity: 123
Merit: 1
BLOCKCHAIN BASED REIT
yes, it's been 2 days it's got a very big dump, so the price has decreased, most people are selling than buying. do not panic sell
full member
Activity: 490
Merit: 105
Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?
Because of South Korea’s largest cryptocurrency exchange Upbit was raided by local police under allegations of fraud, South Korea is one of the biggest cryptomarkets. And I've heard that Kobayashi sold another 8000 btc.
member
Activity: 1176
Merit: 12
Vietnamese Translator™ https://goo.gl/7inMji
Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?
Because Shark and Whale want that, after they pump alt and BTC during this month  Grin As you can see, on every 5th of each month, price of BTC always in a dip/top interleaved. And i don't think it's a coincident
member
Activity: 266
Merit: 15
Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?
I think this is the time to adjust Bitcoin prices. After being pumped up to 9k6, maybe it will have to be reduced a bit and then can pump up to 12k or even 13k. That is my opinion
newbie
Activity: 252
Merit: 0
It's the market. To be honest, I'm tired of constantly being on the market and constantly analyzing why today is a fall and tomorrow's growth and after tomorrow's fall again. Now I'm only following significant events. Now though, sleep well Smiley
sr. member
Activity: 2226
Merit: 347
Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?
On of the reason because of this rumor.
Rumours that South-Korean traders withdrew large amounts of coins causing the market dip
https://twitter.com/CryptoOfKorea/status/994849916253032448

But don't worry, there are many good news incoming which will pump the price in upcoming weeks
This is one of the fundamentals i do able to read about such news which is really also a factor that will really make effect on the current price.There are several news once again and these kind of scenarios isnt really surprising if we do see green recently then we should really expect for a price corrections either natural or intentional.No one knows but the fact there are upcoming news which do possibly indicates to kick on the bull  run and thats the thing ive been waiting for.
full member
Activity: 448
Merit: 100
It may be related to today's investigation of the fifth major exchanges in Korea. The sudden arrival was investigated. It may cause panic in the market. Further analysis is needed for the specific reasons. Wait for the market to recover
sr. member
Activity: 476
Merit: 256
Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?

The most important think to ponder is BTC price,today BTC went down to $8600 from $9300 so the same aptitude showed by other Altcoins.Dont be panic its usual in BTC,may tomorrow BTC again goes to $9500 and the rest coins show same attitude.Always be optimistic and no need to be panic,market is not fully recovered.
member
Activity: 387
Merit: 12
Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?
On of the reason because of this rumor.
Rumours that South-Korean traders withdrew large amounts of coins causing the market dip
https://twitter.com/CryptoOfKorea/status/994849916253032448

But don't worry, there are many good news incoming which will pump the price in upcoming weeks
Could you please mention that good news or any linked source. I really want to know to stop losing trust on my team from bitcoin. They are just being fed up and they want to sell all of their bitcoins. please kindly mention me. Thanks in advance.
newbie
Activity: 136
Merit: 0
May 11, 2018, 12:25:12 PM
#9
Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?
Don't worry the still not in a bad moment not unless eth hit down to $500.
full member
Activity: 532
Merit: 114
May 11, 2018, 12:24:21 PM
#8
With the graph of past few months, there is a lot of fear and uncertainty surrounding crypto, with every rumor or media hype, setting it back into a spin. This volatility and correction will remain a norm till the global take on cryptos gets clearer.
full member
Activity: 194
Merit: 100
The New Pharma-Centric Marketplace
May 11, 2018, 12:21:52 PM
#7
I think it has something to do with the news that there was a search at some exchange. Think it was the main news of the whole market began to fall apart, but don't worry, it's temporary
member
Activity: 217
Merit: 10
May 11, 2018, 12:20:52 PM
#6
my friends experienced investors say that this drawdown is artificial and does not threaten anything dangerous. in a few days there will be a major conference "consensus", after which the whole market will go up. first bitcoin, and then altcoins. not worry about it) I, too, many today lost.
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