Bitcoin Forum

All coins are going down down down
Whats happen today?
This is anormal, all money leaving the cryptocoins?

It's a dump cycle, I think being triggered by btc, because the price has fallen down to $13.3K as I write this. When BTC goes down, it tends to trigger a fall in altcoins as well, so I think we are seeing a chain reaction here.

Bitcoin initially fell and alts recovered but now bitcoin has fallen further than people were anticipating and so panic sets in and people start to sell alt coins so their value falls. When bitcoin goes stable alts always seem to go up.

Bitcoin is also going down it is presently at $13K+ having pull back from the highest high of $16K this is almost 50% correction I think other cryptocoins are also down due to market forces too I believe this is the right time to buy because it is very obvious investors will pump in funds in days ahead and the price will rise up again.

when btc goes up the alts head their back down and get red, it becomes the best time for the investors to pack up their bags full of alts.need to think every aspect to earn profit in this market.

well it's back to 14k after reaching nearly 13k and is raising again lol
who knows where this will end up, maybe this is the beginning of it reaching 20k  ::)

you are right it is the right time to buy some coins while all the coins are down due to chain reaction

All coins that exist today are strongly influenced by the Bitcoin price movement. So we can not ignore that when Bitcoin develops well the altcoin price is likely to increase greatly.

This is indeed a normal cycle, the challenge now is whether the Bitcoin owners are still ready to hold Bitcoin or will it panic sell? this is a choice and we must look with consideration. Because the decisions that occur will affect the price of Bitcoin globally, the more people who panic sell the easier the decline in Bitcoin prices.

IMO it's normal since they are adjusting bitcoin value in globally so if bitcoin start to downtrend but altcoin is uptrend it means that more investor interest on spesific altcoin.
If you still trade altcoin so it's better to cut loss before experience more loss or you can just hold it

If you stay around for a little longer you will get used to things like this, and you'll know exactly what goes on.

Coins are priced by BTC. when btc Dumps, everything dumps.

bitcoin price dumping and already dumped a lot.So why al of cryptocoins price dumping now.its daily or regular fact in cryptp world.don't panic sel now

probably adjusting, it will take some time... i believe it will adjust between 14k to 15k. then it will be stable.

Is just the pump stopping and the leaks growing.
Thousands thinking one BTC was 18000 now is 16000 man... I'm loosing money... sell sell like the you know what.
Sheep engaged in full mode panic sell.

And altcoins are just like emerging markets.
Crisis in the US (BTC) half of the world (altcoins) goes bankrupt.

Best advice, and all should do like me.
Take your girlfriend/wife to dinner, have a fun weekend, forget about the price and the coins and remember that last year BTC was under 1k.
There is nothing you can do right now than making stupid trading mistakes and stress yourself to death.

Christmas is coming, take a break !!!!!


Catching a falling knife is a tricky thing in BTC. You never know when the cats stops bouncing.

Expected correction of bitcoin often drags altcoins. But now the stabilization. Don't be hamsters. Hold and you will be happy.

Haha just another day in crypto world nothing to be shocked of you will see the whole market green tomorrow don't panic and sell of everything. What crypto market has taught me the most is to be patient you will be in somewhat better position than if you have been hurriedly selling off everything.
what correction just check btc is back on track again with 14500+ once again. can't say if this was truly a correction didn't even lasted an hour.

Small correction, you tear the hair on his head. Buy bitcoin and not to look at the course, nerves will be more whole and will not lose money while trading.

Well it feels strange but I have seen that whenever Bitcoin price is Mini altcoin prices goes down, but this time it is a chain reaction (as mentioned by others) but still I think it's because Bitcoin is going at a peek point. Its normal that some all coins behave in downward manager but still on the other day we have seen those markets rising up again and that's the theory of Altcoins we know. Just go in the market and take advantage of this chain reaction this is the best time to buy some of those old coins because tomorrow they are going to rise again.

What's happening now is a part of price correction and this always happen every time there is a price pump and this is completely normal so no need to panic or worry. It will increase again some other time so don't worry and just observe the price trend for the mean time.

Altcoin coins depending on bitcoin, when bitcoin go up then others go to sleep

I think this is due to Bitcoin.Now the altcoins are increasing and bitcoins decrease.Hopefully, within a few days, all the coins will reach the best price.

Maybe now his enthusiasts more so the price of coins all so down..
But I am sure, that later coin prices will go up like the price of ETH or BTC..

Bitcoin falling in price usually means that all altcoins go down. It's a recurring theme in crypto.

Its just a pretty tiny correction no need to be worried about it. All you need to have is a sip of coffee while you enjoy the market. Its a daily market hiccup and the market would surely revive strong once again tomorrow. Nowadays a lot of peoples are blaming to market by saying, "Oh shit, Now everyday is a red day""Market is bleeding out". But did you ever heard some one complaining when the market is soo green and everything is so pumped. Not by me. Reasons for this situation. Market was too much pumped last months.

But it has to be corrected, this is what going on. Market has started to correct. Also unfortunately some negative news about BTC (can not say negative, but some seems beleive as it is) is on the rumors. That might have helped pushed the marked over the edge.
Yes this is also a very strong reason as when the btc pumps up people take off their money from alts thus alts are left over to bleed.

I bought into BTC at ~$9500 ... now I regret not selling it all at $18,000. Now its at $15,000, and I am strongly considering selling all my BTC.

It is called people cashing in. Bitcoin falls in price when people start to cash in, then this creates a chain reaction with the weak hands, they panic and sell off practicly everything they have as well, resulting into almost everything going down. This is basic economics. The whales cash in, the small fries panic due to this and dump as well, later on those same whales buy all of theirs back for cheaper and make a nice profit this way thanks to the small shrimps. Later on after another huge price rise, they repeat the same process. It's literally a whale scraping the bottom of the ocean to gobble down the shrimps.

You sell, you lose.

The prices will recover starting on Monday. No need to worry much about it. I stopped to consider the price starting on Friday afternoon up to Monday. It's often happened, and then when the next week starts, it's like if nothing happened. not long ago the bitcoin price failed by 20%-30% on a Friday, a lot of people were in the panic the whole weekend selling their coins, and from the next week, the price has been stronger than before.

Now I see that they are climbing again, so there is not reason to get panic. As I understood it is normal to crypto currencies, they change their derection too often.

The price corrections are happening, I would say it was expected only that no one couldn't determine the exact time when it will happen.
Probably many users started to cash out their Bitcoins at some point and that disturbed the market but I don't think this will last for long or go very deep and the price will recover soon.

Its normal actually in cryptospace though people should look the possible thing when will be the best price to buy and time to sell to get profit. All altcoins will be good next year

No need to be nervous. I'm guessing you're new to the crypto world. If you look at some charts in the past, you'll see that bitcoin prices have sometimes dipped 50% in it's value. They always tend to set newer highs though. Just be patient. It doesn't mean that people are leaving cryptocurrencies, and sure as hell doesn't mean that it won't recover again. The market does what it does. Just relax.

People are cashing out is my best guess. You knew the bull run on BTC had to end in the coming days and it stopped short right up to the CME and CBOE opening for futures any coincidence there? I think not ::) it seems like it was a buy the rumor sell the news kinda gig. I personally think BTC will end up going down even further than where it is now and dragging altcoins with it. I am hoping however the BTC money flows into alts because I am more alt based than btc based atm.

When the price of bitcoin is on a crazy ride,people will be interested in holding bitcoin rather than holding any random coins or alternative currency and people will be forced to sell off their coins to enter bitcoin to follow the ride and withdraw at a later time,what ever it is a good way to identify things and understand how the market moves.Hold for a long time,when the market settles down,the price will start gaining momentum.