Bitcoin Forum

I believe we went too fast too high (830Bn Market cap maybe more...) Time for correction. But I think soon it will be time to go go bottom fishing !

Or there are news I didn't see ?

In fact, the rise in the past half month has been too great, so proper correction is normal, but it is still a bull market.

There will be always bull and bears pulling the market,it is just a normal day for us dont be so nervous.

i believe you are retard. crashing? get a life

I'm a newbie.still thinks that Coins Market is the New Trend.It can't be Crashed.But ups & downs are Part of Life

BTFD

I’m loading up on ETH, happy to see XRP below it again

market is not crashing, thats the reason
https://themerkle.com/coinmarketcap-excludes-south-korean-prices-total-market-cap-drops-by-50bn/?utm_medium=push&utm_source=onesignal&utm_campaign=traffic%20boost&utm_content=extended%20%traffic%boost

The word Crash is a bit hard but we already 15% down...
How are you hedging in those correction time cause in my case, I have several plateforms and I cant tell sell everything for bit/eth or LIT and then send those to platform with USD or EUR accounts where I can risk off, its too complicated....

What's your strategy in market corrections ?

China has just released a statement that they are pulling out bitcoin miners from their country and i do think that will affect the current situation of bitcoin.

Let this be a process in crypto, all down and all up,,compared to its ever-increasing number, crypto fails does not seem to discourage the vibrant investment of digital currency.

I think it's because the recent rally is too much, so it needs to be adjusted, so it will continue to rise.

It is normal trend in the cryptospace. There's no cause for alarm. I don't see any crashing. I only see the normal market behaviour. Investors must from time to time take their profit and life continues. Whatever goes up comes down, vice versa.

How do you take your profit on binance/poloniex/kucion ?
You have to sell everything for BTC/ETH or ltc and send those to Kraken/coinbase or any other exchange that has USD account ? Its quite complicated no ? And taking into account that depending on your level but on coinbase you can only trade 15k Euors/week ...

BUY NOW !!!

Market crashing ?? i think your brains are crashing.. don't cry when you lost some money.
Sometimes you win sometimes you loose, its not more then a speculation game with real money

It is normal to have highs and lows so just ride it out.

lmao :D :D

I think the market is going under correction and CMC's algo change added fuel to the fire. It should be normal in a few days!!

Market Cap increasing due to intensive inflow of public into Crypto world. The legacy of Bitcoin have insisted general public to enter crypto world in order to make large profits which isn't possible in traditional securities market. But as we see Bitcoin is already increased very much and possibility of profits in BTC is not as as high as possible in past. So investors moved to other coins which resulted enormous increase in Crypto Market Cap. I don't see any rush in that. Increase is gradual and real. I don't think we seeing any big dumping, it is just temporary fall and recover soon.

EDIT: I have just noticed following image on internet, it could be the reason for recent crash.

https://i.imgur.com/XG1bPPO.jpg

It has been crashing like this at least 5 times in the last two months. Always a good opportunity to invest more.

I believe we are still in the bull market, but yes, a correction is definitely coming anytime soon. Time to load up on the dips, and maybe see Bitcoin go on a bull run in the coming days.

This is hardly a crash.
And I think we are past Chinese fud news significantly affecting the market.

Besides, China is not getting rid of miners, they are cracking down on rogue operations.
Groups that tap into power sources illegally, nonregistered entities, all that.

I would be happy if the market actually does crash.
That will teach all these irresponsible noobs a lesson and purge out the ones that are toxic to the market.
When I see even coins like tittiecoin pump hard, I have to watch videos of cute bunnies to feel positive again.

Well, exagerations aside, if you want to go on a buying spree cause prices are dropping, I would wait just one more day.
I would also put some more into btc now while you can.
And, one more thing, avoid the shitcoins that have pumped hard the last month that have no real product purpose or use.

Oh, wait wait wait, one more last thing.  DON'T BUY RIPPLE!

Crashes seem to happen regularly. For example, recently XRP dropped from 0.00024BTC/XRP to 0.00014BTC/XRP on most markets, because of the statement by Coinbase.
It recovered to 0.00018BTC/XRP and then crashed again below 0.00017BTC/XRP due to a Rumours. It is still recovering from that one…

Plan your buying for a crash, and you’ll be much happier camper.

Buy! Buy! Buy!  When everyone is running for the exit doors, run in get what they left!!!!

The reason was https://thenextweb.com/hardfork/2018/01/08/ripple-market-price-korean-exchange/
so will be back up soon when people have read it.

after a big bull run there will always be a correction, this is how it goes and always be

I feel that the market is overvalued. Not a very healthy atmosphere. There should be a correction. But anyway there are still people who want to come and buy. Today binance announced that they open registration.

Shh,its just another correction for BTC,its getting ready for another bull run trust me ive beeen trading for years now.

Crash is not only happened on the XRP. Today alone every crypto currencies dump in the market. I have checked all the top 10 cryptos in the coinmarketcap and noticed that all the coins are dumped in the same time.
Guys if anyone knows exact reason for the same time dump we can prepare for the future bump and dump in the marketplace.

I'm glad they're taking out South Korea, it really was skewing prices. The XRP premium they were paying was insane. Now it is much more realistic and reflects what we actually see on exchanges. This sort of thing really highlights why crypto is better than fiat - no limitations due to national boundaries.

Well it is mainly ripple but it has done its part. Plenty of cheap btc and eth for the banks via ripple. Really a joke looking at how scarce btc and eth are.

I think everyone is used to it already, first a big increase, then an even bigger drop, there is nothing to worry about, the main thing is to withdraw your profits from the tokens

There is no CRASH, just a normal CORRECTION.

Some people should stay away from trading anything until they know the difference.

My bet that the local deep is at $650B, not less. It's not a grand correction for sure. Many moneybags are moving their funds from ofchores to cripto atm. The huge correction should happen after some destructive news from USA I guess.

Whales are having up and down in bed, so nothing to worry about,wait for the climax and enjoy it

I'm pretty much back to normal after today. Was down quite a bit this morning but lots of them have caught back up now.

Two most loosely used words CRASH n SCAM. Unfortunately most new entrant into crypto hardly know what when to use it.

CMC didn't crash rather the numbers dropped due to the removing of some exchanges data from the overall numbers..

I do not see this as a crash, just normal crypto fluctuations. Do not be so worried about small corrections like this. Just how the market moves.

Besides the fact that coinmarketcap removed korean exchanges, which caused panic selling because people thought the coins were crashing even though the price just corrected for the korean exchanges not being there.

If you want to be successful in crypto, you need to be able to keep a cool head, and take the swings in the market in stride.

Dont worry, the same thing happened last year in the summer. All the market was crashing but in a few months all the coins started to increase again and most of them reached an unbelievable new record of price. I think it is a good moment to buy some coins, pretty much anything because they price started to go up with more than 5% in a few hours. If you already have coins dont panic and keep your coins in wallet because they price will increase back even higer.

Crashing is a very B I G word for whats happening,
im not that long aroung here, just a few months but this is a regular thing with crypto.
there are and will be fluctuations in the market,
take bitcoin for example, this time 12 months ago it was around 1000$, so a C R A S H back to wherever is fine.
another example is monero, dash, ethereum and litecoin for the last 12 months, massive massive massive percentage increases......

Yes, I agree the amount of capitalization increases is simply terrible. And from the point of view of the economy this is not very good. Everyone knows that the fall is not completely inconclusive, but 50% accurate. However, everyone hopes that it will not be soon and they will have time to earn more.

Nothing is crashing my friend. I was seen that dump of market several times. Everything is ok, just wait few days and you will see it.

I believe that market has been over-capitalized so it has to be corrected. Sudden and steep rise is always dangerous and such rise does not last for much longer time. And this is what happened with crypto market as well.

Read the news folks. It's not a standard market correction, it's mas panic selling. The South Korean Justice Ministry announce plans to ban cryptocurrency exchanges, triggering widespread sell-offs. However, the Finance Ministry disagrees. They instead advocate regulation, but are against a ban. It will stabilize, but Korean's will face a tougher regulatory landscape in the very near future. An outright ban is unlikely, and could take months or even years to push through.

buy in deep,,
find a good buy zone area to buy some coin,,
look the charts carefully,,
this will bring a huge profit,,  ;)

They creating Fud news so new in cryptos will sell there coins. they are all in panic i guess the best time to buy bitcoin is now.. we could see a bull run a big gains in the next few weeks.. so hold your coins.

Agreed. This is a great opportunity to buy at lower rates. Things will shoot back up once the panic is over.

I don't think were crashing instead the market fluctuates again and now it started to fluctuates and the value start to appreciate. The crypto currency market for me has a strong position now and fluctuations does not mean it will crash it's just a normal activity that needs to be experience sometimes the value goes up but we will realize in the end a more appreciative coin will be release

Good point. Take a deep breath. Do something else. If you have funds, buy more.

No I don't really think that the market is really crashing if you are experiencing heavy losses... so there's no reason for you to panic and to cause panic to your fellow crypto associate.. just like what many crypto investor says "we lived in a crypto world so... whatever goes up comes down and whatever goes down will also goes up..." Just always be on the alert if the price skyrocket so you can dump first your coins before others do it.

There is a strange pleasure in creating panic! :-)
Sincerely, there is no sign of crash in the next future.

I don't thing that market is crashing; there is just a normal and expected correction after months of fantastic boom

I agree with you, BTC looks like its going up at the moment, it is all about being patient and not panic selling.

I think this is just a callback, because a fake regulatory message in the Korean market，Now Cryptocurrency markets are back up.

i think you never saw a real market crash in cryptoland before. As btc 2014 -2015. Or other "younger" alts going from couple thousand sat to 1-2 sat in one week time. What happens now is a correction-pullback. Nothing to worry about if you have a well balanced portfolio.

I totally agree with the fact that we went to fast on price and total market capitalization. However, I do not think market will crash. Bitcoin is established now and altcoin are becoming very strong and independent of bitcoin. And till date, blockchain and  cryptocurrency tech is the ever when it comes to payment, store of value, transaction and security.

The market is now looking good compared back days before. Corrections is always expected for those weaklings these price movements gives them scare and easily sell their coins.

Market is crashing for who jumped to buy bitcoin at 20k $...  but I think that in some weeks bitcoin will start to grow again.

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That is the same correction of rins much left and all nervous gave their coins and people on experience re-bought and just waiting for profit, there is no reason for panic this has long happened.

Profit takers and some slight correction, after bitcoin bearish market expect some alt to go down as well. As we all know still bitcoin is the only coin that is somehow widely accepted and known to more people, we need some correction as bullish runs tends to frighten and alert government about possible crash.

The cryptocurrency market could not collapse. In the world there is now a great demand for an alternative to Fiat. This will push the price of the coin up. Correction exist in all markets. Those traders who have the ability to wait will always win. When bitcoin is in a downtrend we have an opportunity to switch their attention to altcoins and Vice versa. You only need to learn how to use it.

Times like this are the best time buy into dips in my honest opinion. I always try to be as optimistic as possible. If it continues to go down then still good to buy for me. If it goes too deep then I can leave them for a year and it should be up by then. I am always willing to lose what I throw into crypto.

Up and Down is always happen in market because all markets depend on supply and demand. sometimes its even down to bottom but dont be panic trader, be patient, as long as there is still demand it will rise up again..

I wish I could be more of my Favorited tokens. This is a time you buy as more as you can, this correction is good time always to buy more!

I think everybody would be losing their shit if the market was actually crashing. So, I think we're safe for now.  ;D

Market is crashing? I don't think so because cryptocurrency market is although volatile but it will not crash too the point every coin will vanish or fail. Bitcoin, Ethereum and other Altcoins are proof that the blockchain network is not hackable and its attack proof that's why it became the most important financial market in the world today.

I don't think market is crashing. It is just market cycle that is all. Yes we went too fast, too high, but that why the corrections are needed. It is not the end of it, don't worry.

Every correction people call it a crash! I think people should chill out a bit, I recommend to cash out your initial investment whenever you start making gains, this would help you to see the market with less stress  ;)

Market crashing it's normal. It has always been like that. Market shouldn't just remain static, if it does, it won't be an interesting stuff any longer. Hence, this shouldn't warrant any serious alarm at all. All will be well very soon

I think the cryptocurrency market will collapse but it will not be soon. Each market breaks down to develop into something new, so this fate awaits cryptocurrency market too. However, I think that in the next few decades we don't need to worry about this.

It is normal trend in the cryptospace. There's no cause for alarm. I don't see any crashing. I only see the normal market behaviour. Investors must from time to time take their profit and life continues. Whatever goes up comes down, vice versa.

I think rise in last 20 days was so much that market has to consolidate itself.So market is crashing.But do not panic .Do purchase at every level .Average your portfolio.You will get good profit in coming days.I believe in buying not in selling.Some coins for example ETH ,DASH ,WAVES are stable .Their value is increasing in crashing market.So invest in good coins and do not panic.

i believe it not crashing yet, the market with 7xx Bilion now is show "Big Investor" to take a look of crypto market. and may be they will jump in cryto market in 2018 :v

I don't have the perception of any "crash": of course there is a fluctuation of value, and if you are a good trader you know hot to profit.
That's all.

Nothing is crashing. If there were no ups and downs in any humans' activity,  we would never know how sweet the win was.  It is temporary,  everything is gonna be all right.

Yup, it'll balance itself out soon enough. Just gotta be patient (and maybe hope for the best lol).

yes i think a correction will happen, yes btc is overpriced, but like anything stocks, housing market its all about PR and demand but there will be a correction, i would think probably around $8K for a btc. if you are in for a long haul and not like a day trader, then you will be fine.  Too many people mining, we should start to see those hit-and-run (day traders) should be leaving and we can buy their equipment back and cheaper pricing.  kinda like d3s, since d3 can do all x11, it will keep mining, but alot of the people that were hit-and-run thought DASH would make them millions are now just hoping to break even on HW in 2-3 months.

There is no market crash, at least not in my sight.
But some people like to create alarm, may be with the hope to influence bitcoin price...

Well, the last thing that I heard was about Korean Minister Announcement. But don't worry about it.

Wow this seems so scary for Newbie like me. Is this normal or just like any business up and down cycle. I just hope it will rebound.

Buy on DIP!!!!!!!!!

Anyway, don't be so attached with your cryptos, ok? if you want to make the most out of it, your goal must be to earn FIAT. I have learned the hard way, amigo... was too clingy with bitcoins but then I decided to just ride along whichever is pumping and leave whichever is dumping. Now, i have bunch of BCH  ;D ;D ;D waiting for a perfect dump time.

Always leave something in your tether wallet so you can buy whenever there is an unexpected DIP.

The decision by the Korean government has directly affected the development of the digital currency. Look at current market conditions, almost all coins have significant price reductions such as bitcoin. We can not blame some countries for making decisions on banned bitcoins, but all we have to do right now is to continue using bitcoin to convince everyone that bitcoin has tremendous benefits. Do not take action that could worsen the situation like panic sell, let's work together to strengthen the condition of digital currency.

Normal movement in the market, there is no constant growth. There have always been ups and downs. In my opinion, the crypto currency is more and more gaining momentum.

A lot of South Korean news spread recetly and FUD the crypto market with a huge effect so I think it will recover in a week but if this will continue, I will turn my altcoins into bitcoin for a while.

give it some time to correct, ups and downs are part of the roller-coaster ride ;)

normal and part of the growth. if you are more comfortable to sell your btc, go ahead. but as i can see, people who profit in trading are not emotional. They don't panic and waits for the right time.

Korean and China governments were too late to put regulation before the crypto-world took off in 2017.
Don't panic on news regarding these countries to ban or trade. China nor Korea cannot ban cryptocurrency.

What Korea government wants:
1) Government first wants everyone to sell their cryptocurrencies.
2) Then they will issue licence to exchanges to legally operate in country.
3) Let people start to buy/sell again, but this time without anonymity, by registering individual's names, accounts. So government can track who earned how much money from trading.
4) Government will get tax from the gains.

Only in Korea, the number of people who trade cryptocurrency is enough to take down government by protests, in case of a permanent ban. That's why Korea president was so afraid and immediately had to declare that they don't ban cryptocurrency.
So, there will be no ban, but incoming regulations on trading & taxing.

Remember how Uber disrupted taxi industry in all countries?...And taxi drivers protested, pushed governments to take action against Uber...Years of war has been going between Uber and governments. But guess what, it had been already take off. Governments cannot prevent Uber or Uber-like apps that will serve the same function. Similar case for Airbnb...
Same for digital currency. No matter how big pressure comes from governments, as long as 2 person still makes transaction, digital currency will survive.
But we are not at that point. More and more companies, banks accept the digital currency era is coming and started to work about it. Only stupid ones are neglecting and pushing government to prevent it. Smart companies are accepting and trying to adapt for future.

I don't have any advice on which coin will rise or fall. But remember: it's here to stay; so don't panic. Fall and Rise is nature of trading.

It's a good thing that too he correction is happening now... Eventually it was always supposed to happen. Wise people always get in when it's low

It's good to have correction in the market. It will overheat if it continues to climb too fast - then crash and burn. We do not want that.

Market isn't crashing. Just been in consolidation and it BTC may stay around 10k for a while until there is more feasible ways to use it due to transaction time and speeds. Vendors loved BTC until it took hours and days to transact - just wait until lightning network.

I think bitcoin is on adjustment so most chart show red value
IMO, bitcoin is on green zone and they are waiting to be push for another new investor so for who still hold just keep hold them !

~Hold today , profit later

Yeah, this is a normal and even in forex but one thing that newbies not ever know, there's always a whales who controlling the markets. They can easily pump the coin they want and dump the coin. If you know how to dance with them, good luck you can easily gain more profit with them.

Well that FUD is recently corrected by the ministry itself and the person that stated that news is now removed in its position by the power of people. However, I don't think the crashing is due to the fud but rather just pure volatility and with this it's time to buy more coins.

Haha why are you believing something that have happened before our eyes dont know about you but it did happen there are no correction on Bitcoin it is just normal cycle. If it crashes like that it wont be a problem rather they will take advantage at that situation.

I think it's very normal and healthy. We can't expect the market to rise forever, can we? there is always a correction. And I think that's good.

In the meantime, why don't we look for another potential coin?! let's consider this is as a discount!

It also happened in the past when China made the announcement of banning the exchanges, now it's South Korea which caused the market to crash.

Corrections are healthy for the market

Some coins are still going in upward trend some temporary pumped coins are going down still ethereum going in bull run . Once South Korean issue settle down it may cross 900
Billion +.

Same rules goes for the buy low sell high. It better to buy more bitcoin when its on a low position. I prefer to add more investment to it because bitcoin is still developing. Hope the team has a better plan this year after the fees are down.

The market isn't crashing; actually, it's just ready for the next boom

HODL! If you have more that you can use to buy, now is the time to buy more. Just do due diligence on what you are buying.

I think everything that we are witnessing is just normal for the cryptoworld because there times that almost everything in the cryptoworld is rising and so as the time that almost everything is going down. It's pretty normal since every digital currency is volatile in nature.

Correction is made from the volatile of market cryptocurrency so volatile is normal and make the market balance.
I dont surprise with this move of crypto by reducing the marketcap because that is main characteristic of cryptocurrency. Nothing to ne worried.

Capitalization of the market is increasing day by day. Therefore, there is no reason to worry. The price of bitcoin from 13 000 to 14 000.

The market crashes all the time. There's no way in hell I'd buy a Bitcoin at $18,500 or whatever. Maybe it's worth it. Maybe not. I'd rather buy NEO at $150 or LISK at $29. Everyone wants to "Get rich quick" now. Nobody is doing research and investing in platforms that they love. I don't look at the current situation as a crash. It's just a correction. I've been at this for years and will sell when BTC hits $100,000 or $250...

Yeah I agree, I don't see this as a crash. It's health for the market to have a small correction, there is a lot of new money that has come in fast and the market needs time to adjust.

Every correction people call it a crash! I think people should chill out a bit, I recommend to cash out your initial investment whenever you start making gains, this would help you to see the market with less stress   :)

This is not a crash, we've seen this happen plenty of times recently. Most coins will go back up very soon, just be patient and see.

I am not understand why should market need correction? This correction make coins price fall to fast and no one can cut loss.

Is it supposed to drop *this* much tho?

Yes now market price is reduced so much. Do you have anything to sell. sell it and Wait for a surtain time to buy new coins. Almost coins price was reducing still so try to wait.

what is your thoughts? The legacy of Bitcoin have insisted general public to enter crypto world in order to make large profits which isn't possible in traditional securities market.
But as we see Bitcoin is already increased very much and possibility of profits in BTC is not as as high as possible . So investors moved to other coins which resulted enormous increase in CryptoMarketCap... ;)

I don't think it's crashing, I think it's more like a correction, this could be an opportunity, a great opportunity to buy into before the market goes to 1 trillion USD

Time to jump on the ETH train!

I would not say that it is crashing we all saw a huge increase in interest into crypto in the tail end of last year and lead to massive growth as bitcoin was a hot subject. It is only natural to see prices correct. We have so many different coins and tokens it is harder for a few bigger ones to make any serious growth. Everyone wants to find that one that they get involved with early have thousands of and sell at a price that will make them rich.

I don't understand why a simple - and expected - correction creates so much panic

The last time we went -40%, the market went up a lot. October + November correction and then huge boom in December.
I'm down -$16.000 since a few days ago.

Hold ;)

I believe its just a correction for the time being and would go back maybe after a couple of weeks or months and will continue to soar high again just like what happened last year. I think this just a normal point of market values and I will just remain firm and hold my coins until its price goes up again.

the market goes two steps up and behind that one step down.
 Do not panic. You need to experience it once.
then it will be easier

There are a lot of people here that have no trading experience and believe that something can grow forever. Of course they are wrong.
Btw, as any trader knows, if you play short you can make a lot of money if the market crashes.
Ah, you don't know what "short" means? Eh, go to trading ABC ant let play the professionals...

Time to load up on IoT Chain while there's still time. Even with the correction, they're going to remain bullish. https://coinmarketcap.com/currencies/iot-chain/

I hope that this will soon end. But, if other countries start the same hysteria. Then it will be a collapse. Money likes peace of mind, but now only the cries of governments of different countries. Disgusting to listen.

I agree with you)
3-5 days, max 1-2 week and market will back and make new maximum
wait and don't panic

I should sell before my tokens and buy them now at half price.. basically this.
But ok, no worries, I missed the tip

Currencies go up and down, this is the motive you can make a profit: you put a bet on a coin, and you see what happens.
So, sometimes you make the right bet, sometimes not.
You can't win all the time.

People are doing panic selling few hours ago,but why? because there are some news that korea and china will have a total ban in cryptocurrency trades,probably this caused a lot of people to start selling their holdings not knowing someone is just waiting for it to have a perfect entry,mcafee twitted that it is JP Morgan who is doing the sudden drops to make some good entry positively the market will recover in just few hours.

It is not crashing bro, people call it correction or shopping time.

it went too fast and high. Normal correction and it is a great time to jump in.

Great opportunity to buy while everything is so cheap!  All those coins you always wanted can be yours at a fraction of the price!  Happy buying

Yes, I agree too.  Some newbies will sell again when it goes up a little. So it will take 1-2 week to recover and make new highest is maybe more realistic.

A great way to grab more coin though. Its a sale and people should not panic, because this is expected to happen after a huge pump. Believers are now enjoying the cheap price of every coin so you better join them and enjoy your shopping. Always think positive because this is a great technology that can gives higher profit to you.

Well for me this is the perfect time to go alts shopping,the alts are too cheap and it may give us a lot of gains in just few hours.

I think  is time to buy cheap and hold

I think its natural in the market, because it will rise again soon, so don't be scared and dont be easily to sell it, I suggest to you to hold it because it possible to rise its value immediately wait and earn. Because I know its normal in cryptocurrency to dumping and pumping.

For me this is an opportunity for me to buy good altcoins at very cheap prices. Be greedy when others are scared, that's how I'm investing, instead of buying at times when the market is rising but not much profit then why not invest at the moment when all There are very low prices and you will get a lot when it comes up.

Market Top expanding because of serious inflow of open into Crypto world. The inheritance of Bitcoin have demanded overall population to enter crypto world with a specific end goal to make substantial benefits which isn't conceivable in conventional securities showcase. Be that as it may, as we see Bitcoin is now expanded in particular and plausibility of benefits in BTC isn't as high as conceivable in past. So financial specialists moved to different coins which came about colossal increment in Crypto Market Top. I don't perceive any surge in that. Increment is continuous and genuine. I don't think we seeing any huge dumping, it is simply brief fall and recoup soon.

I hope its not the end... But almost 400 billion exited the market in 16 days...

My thoughts are that I had the intention to sell for rebuying lower, but I did not act and now I don't dare watching by blockfolio any more.... Of course a correction was due after such a sharp rise.

Its over. Sell. Pack up and go home.. The market may never fully recover. There will be spikes but the bubble has burst.

Is market really crashing? No I don't think so... maybe some times we lose some and sometimes also we win some... it's a crypto market so sometimes you'll gonna experience heavy losses where it will gonna make you think that market is really crashing though its not after all. Yes there is a heavy inflow of the general public into the crypto world but I think it is not a substantial reason for the market to go down crashing. It is just a usual day in the market where everything that goes will sometimes go down.

For me this is the perfect time to go buy some cheap alts like neo,waves,qtum,ethereum and other solid coins the price is very cheap and it can give you a lot of profits few hours from now.

What are you people talking about? Bubble burst? Market never recovering?
I'm sure you have more money now than you had in early December, if you hold the same amount of coins.

In the time like this,holding will save your ass and buying more cheap alts will make you a lot of profits when the market starting to recover.

This is the periodicity of the market after exactly one year, you can track this on the bitcoin candlestick chart. If you sell bitcoin then that is a very wrong decision, if you can buy more bitcoin because you will not be able to buy bitcoin at any time in 2018 but low price as today . Believe this.

Now it's too late to say anything, because when bitcoin was like 18-20000$ then you should put all in fiat or USDT and now buy a little, if it drops even more, buy more more more!!!

It seems that for most of newbies here is difficult to accept that currencies have cycles.
May be you complain if you bought bitcoin in december; but if you bought them one year ago, you still have 1000% profit.
So what?

Let's hope for the best.
Everyone Relax! The Crypto dip was caused by Mike Bell of JP Morgan claiming Governments could ban cryptocurrencies. Well ... how? This is the same company that called BTC a fraud. It's a bank FFS. They are rightfully terrified of what we are doing. But it can't be stopped.

— John McAfee (@officialmcafee) 16 Jan 2018

Well, but the reached to goal to scare population and to slow down public acceptance of cryptocurrencies.
Btw, they can't stop us, the only way is to shut down the internet. So, nothing to worry about.

The one will panic now are the one that will regret later after giving up his coins to this whales and nobody will help you other than yourself. So keep tight, chill and wait the drama to be over. Again!

Good read. I have that bad feeling as well that the market is beginning to crash, after I saw in an article how an investment bubble plays out and slowly dies out. I saw a graph of how it would be gain value, stabilize, and then, lose it and die out. I felt weary seeing the very similar route bitcoin is taking right now. However, upon reading other sources, I have come to think that the market is just changing and evolving. It's not so bad to see this fluctuations because there are similarities to past happenings. I think bitcoin will regain it's value after it stabilizes, and hopefully, it would increase in value again.

Well, it seems that nobody was surprised by a growth this year from 1.000 to 20.000 (I mean, 2.000%...), but start to panic due to a 30% fall...
It's the market, and it has high volatility. If you can't accept this, forget cryptotrading

My thoughts .. try to stop looking at the price. I'm going to stay true to my strategy which is to hold for the long term, it's natural on reaching that destination, there will be ups and downs ... it's all part of the course! I will also try and snap up some alts whilst it's cheap :)

Its seems like it all been corrected but no need to panic everything will be fine just be patient and when it starTed to go up its the best time to sell all and get some profit. For now lets just wait and hold.

I checked the market earleir and I notice that it is red. Some coins are green but most of them are red including the price of bitcoin. I really do not know why it is happening and I find it hard to predict when the market will recover. Because the market is red, I am thinking to buy some good alts and buy some bitcoin then hold it. Early this year, most alts rise including eth. My friend gain a big amount of money because of it. But now this is the situation this motivates me to buy and hold and wait for the right time.

Everyone is all "ZOMG THE CRYPTONS ARE CRASHING!!!"
And I'm like heh time to buy some ether at $800.

These things are tied to technology that, like it or not, is game changing. Crypto is more than just a currency, it also a stock and bond. Ethereum may sink to low lows but enterprises are still going to use the underlying tech which means be ready for the long game and weather the storms.

punishing people for cryptos in China and SK will just increase value of the stuff. they are smart guys and will find a way to trade and mine.

so, just buckle up, turblence will not take long

I would still continue to hold my coins and wait for the price to pump up again,
The crash is normal thing in the crypto currency so let's just get used to it.

The market does not crumble, it just falls temporarily, but I think it's not for long! By spring, the market will take such heights that he has never taken, so now the best case is to buy altcountes!

Yes , there is some bad news , but I think it's OK for a long term investor,patience is the best important in crypto.

usual correction of the market. the take-off was fast and strong. for this there is always a certain recession. a month or two and the rise will begin. be patient, do not panic!

If you look at the graphs from last year (the last 4 years actually) you can see the market has always went down around this time.

 I think this reason might be one of those reasons people are giving about the nose diving of altcoins recently. The reason might be reasonable for one to believe. Let us hope that the whole situation will be changed for better after now.

my thought is, it will go on top.  ;)

As one famous trader said: the most difficult strategy on the market is to do nothing. This is the hardest thing, but this often brings the greatest dividends!

The market just deflates abundant air due to many coins being hugely overvalued.
IMO its good that we are experiencing such a massive correction and this opens up some great opportunities as well

Look further down the line to onboard the next generation blockchain initiatives like  Nuls or Starbase which will guarentee you a proper seat on the rebounce.

The recent drop has allowed normalization to enter into the equation

It's now crashing. The market will be ok in few months. Just don't quit and wait

Is there any reason for this time? I thought it was because of the news from China / SK. Is it people just dumping for new year's?

https://bitcointalk.org/index.php?topic=2771880.msg28335674#msg28335674

This is my thought

its not really crashing. its just a part of market activity. sometimes it was high, and sometimes it was down. we are in begiinning of crypto era, so keep calm down and wait until market normal again.

this is the worst market situation i ever experinced since i joined in the crypto last year.
but I am sure, the market will not be like this continuously, it may take 3 months for btc price to go to $ 17k

Bears do their work  :D Once they come , they won't leave before they "eat" enough , be patient , because you can do nothing in this situation . I think we will see market recovery soon

resulted enormous increase in Crypto Market Cap  difficult strategy on the market is to long game and weather the storms reason might be reasonable for one to believe !!  ???

Even if it seems to be crashing, it is crashing for good, because this is a good time to invest. Potential investors are made at this time.
I feel this is a time for me to lunch into the the market and gather as much as possible. The discount at this time is high: lunch into it and make a great deal of profit.
Cryptocurrency is an interesting venture.

Can't think clearly. Hope good projects will recover.

should add working hours to continue bias to monitor the price of coins as the current price of coins is at a low point and can not be expected so I think we can only be optimistic with the circumstances and expect the price to return to normal.

Cryptosa made 2 steps forward and one step backwards, if they continue to do this, we'll be higher and higher overe time, don't worryx now and look forward to the situation in a month and be happyy we're not where we were one year ago at this time

When people are selling and alts are red, I see this as a buying opportunity to grab some cheap crytocurrency and bitcoin. Summarising: Hold and enjoy the cheap alts market atm!

think. it is necessary to invest now or in the near future. after the rollback, there must necessarily be a take-off. korektsiyu market still has not been canceled)

I agree with you...This market correction is really hard...i don't know how it ends

This is the perfect time to go buy some alts,cheaper than usual prices will give you tons of money after they recovered in the dip.

The only thing i thought earlier is to buy a lot of cheap alts in the dip,to make tons of money easily.

it's not a market correction neither a crash, its a shift.

value is shifting from bitcoin to : financial institutions linked cryptos on one hand and anon crytos on the hand.

mark my words, these regulations are just the begining.

in the end only will stand bank approved cryptos, and the other ones will be illegal anon cryptos.

The one you are outlining is indeed a doomsday scenario for Cryptos as we know it. And you may be right in the substance, but hopefully not in the timing. This may be just a market correction.

So the market may have been overprice, or it may not.  It is just over 3 weeks to Asian New Year, and every year we've seen a noticeable drop in price due to selloff back to fiat for presents and travel costs, etc.  Given the FUD coming out of South Korea and China about possible government intervention, I'm not surprised the price has fallen a bit more than previous years.

Maketcap is starting to recover from the crash yesterday,all alts seems recovering faster than i thought maybe a week we'll be okay.
China and Korea FUD was over they wont ban the crypto trading they will just regulate it.

Who cares; grow some balls… :D

It is time for those greedy bankers to get the bonus. Chinese new year coming and those people prepare to spread bad news and try as hard as they can to push the bitcoin price down, so they can buy cheap.

Agree with you 100%... I wish I had more BTC to take advantage of this dip!

I think this crisis will not sustain in the future, this is the market mechanism, don't lose your hope and don't be afraid of this situation. Some people are trying to create a negative environment and they are looking forward to taking this chance of buying Bitcoin and other currency at a low price. I think day by day they are building a syndicate for grabbing the holding controlling of this platform.

That's why I always suggest my surrounding people to not lose their hope regarding the market fall. you have to consider that every capital market faces ups and downs in its lifetime.

That is really true rigjt now market is totally crashing but eventhough that the market our crashing i am still trusting it and i know that before this month will end the market is we will be back stronger and our coins is we wll now start to pump again its value.

I think it will recover after of its big crashing in the market, maybe after 2-3 weeks it will rise again. Just be patient of wait when it rise again and be normal again. Also its natural in cryptocurrency to sometimes goes down but mostly goes up, and after this suddenly dip all coins im sure it will pumping again.

Don't panic. Market crashed is natural in crypto world. There are many reasons why it is happening. One is the economic crisis , the news also affect the market cap. It is not permanent and it is changing. If today the market crashed down, tomorrow or the other day it will increase.

I don't understand this panic: even it's a big correction, don't forget that bitcoin value is still TEN TIMES than a year ago.
So, relax and wait for the recovery.

Many coins will recover soon, I am pretty sure of that.
I have actually bought a decent amount of coins today since they seemed to be on sale.

This crash doesnt ended here,there will be another crash the total marketcap of cryptocurrencies are dropping slowly.

First quarter of the year is usually a time for making adjustment.  There is no reason to panic.  I believe that it will revive in the future quarters of the year.  Since the central banking system are making new regulations to monitor the cryptocurrency market, the altcoin market is affected.  The implementation of these policies may affect the crypto market in the first quarter but I beleive that these problems will be address in the near future to prevent the further crashing of the altcoin market.  Just be aware that we always experience a priced hike in the third and last quarter of the year as shown in the market charts and I positively hope that it will not be  different.

I also don't think that cryptocurrency market may crash this year. It's only a temporary decline in price which people should use and investe in cryptocurrency.

There's too many post regarding market crashing. Market will always recover as it has historically happened every January.

It seems to me that all these panic topics on the forum only harm people, drive them into fear and force everyone to sell. We need to be optimistic about this. Well fell, well. If there is Fiat, you need to have time to buy. And do not pay attention to the media, as a rule there are people who are very far from the world of crypto-currencies.

Well this is my best time to trade,scalpers will always win from these bloodbaths,if you are a holder just hold it the market will recover soon.

WHAT I THOUGHTS?
i thougts that is normal.. bitcoin has gone too far. he needs correction and correction is a healthy thing, the high price must fall too deep
just a simple logic from me, coin that always goes up is not good (i think scary)

it's all just a healthy correction of the market, in which the manipulators put their hand. This strengthened the effect. The market is going to go big money, of course they want to buy everything cheaply, which would then be driven to new heights

At first I was panicking when all of my investment are decreasing and I am about to sell most of it since I don't have a lot of experience yet in trading but when I read some history, articles and also news about this I see that coins are normally crashing during this month and some other events that happened for the last couple of days so I made the right decision to hold and buy some other cheap coins because I know for a fact that it will recover soon.

and as for what was happen lately we see a lot of things that this is the common thing that happen and now everything are taking back in some normal way of just like before , just wait until that this may back in most normal and common thing for.

Good thing you didn't sell during those red days and good thing you decided to read and research. This usually happens mid january and for long time traders, it's not a cause for concern but an opportunity to load up on their favorite coins

The other day as I checked the  rate of bitcoin ir was about $9000 now I checked again it rises to $11000 (not exact amount) for sure it will go up slowly. So for me the term “crashing” is not the right term for it. It will never be I am positive of that.

I’m loading up on ETH, happy to see XRP below it again

I'll buy in a couple of weeks, looks like the recovery is fake - like a "dead cat bounce". Probably in 3-5 weeks time before I go in again.

buy more coming this few week i think market will recover 3-4 week, now just buy good coin at the dips...base on last few years (January) history market will recover, and i believe btc to heading to 50K end of 2018..... :)

Yeah that is the way the market is. When there is a rise, there will always be a dump for correction. This is the time for correction to buy

What makes you say that? Historically, the market has recovered after the decreases in January. And the prices have already started to recover. The indicators look like the numbers are hopefully going to continue to be green for a while.

 I will say it's FUD. Which includes news of South Korea Government banning cryptocurrency to the news of France coming out against crypto which can have great influence to other EU countries banning crypto as well.

Of course not crashing, but seeing a major correction for sure, and general loss of dominance of BTC.

Well I could not really say that the market is crashing today... it is just an ordinary day in the crypto market you win some you lose some, your tokens value might be on its peak value today but in just a glimpse of an eye your tokens market value goes tumbling down and never recovered again so it is really better to sell your coins or tokens as soon as you think that you've already got good profit from it don't ever wait for the time it will become worthless which makes you think that market is crashing.

The crash of market is scary for the people who just met the cyrptoworld but it has been always like this since the begining.Dont panic and do not sell your coin at the dip.As you all know whales are doing this.So wait the pump and earn your money. Good luck y'all

A lot of people say that this is normal for January. Be that as it may, how long do the "january crashes" usually last then?

I know some people have also blamed China/SK trying to ban cryptos though, so maybe it's because of that too.

Do you really think these dips(and pumps) are the doing of whales? I've got my doubts about that... maybe in early days, but right now, we are looking at the 24h volume of 1,122,870 BTC(last 24h) - to make the market move whales would need at least 20% of the volume.... thats 24 574 BTC (284,542,346 USD)

Seems unlikely...

It's a major crash per definition, a dip of 30% or more on the market is consider a crash. However, bitcoin remains as dominate as ever and it looks like it is already rebounded, actually almost 90% has recovered so far. The market crash is over for now but just don't celebrate because we may see another bearish trend.


There were reports coming in that says South Korean government official have a hand on the crash that we have seen. It says "Insider Trading", which make sense as the dust is settling just now. They have release such contradictory statement that causes fuel to the FUD filled market.

It's crashed all the time, way back even when the price was sub-$1000. Nobody ever thought we'd get this far, so I'd suggest you stick.

Normal correction. It could go almost to 8k, but first support made it easier for everyone. The correction was big because of small market cap and world news can easily manipulate with market and people.

That's the thing - I hear so many investors blaming the whales for manipulating the prices. In reality, it seems as the market is purely manipulated by fueling the FUD filled market.... Doesn't this essentially mean that investors are the ones following the fear, not the "whales" with insanely large volume. The only way I see the market being manipulated is by sharing news that just spread the fear and cause people to panic.

That might not happen for another year or so.
The price is going to go lower sometimes but it won't have a huge dip like it did recently.

Market is crashing if you bought coins at the december top.
If you bough them a year ago, they are still ten times more.
So? Well, it's the cryptomarket, honey! :-)
May be you win, may be you lose...

I don't think so: sure there is a big - and inevitable - correction, but you can bet that in the next weeks a crow of people will jump in the cryptoworld.
We'll see.

This was anticpated by the most TA specilaist and I am not so much suprused .
i am abit suprised that ETH is crashing in such a hige rate without any support.

If I honestly see this situation, I see how it's possible to make a very good job, earn somebody's fear that somebody has surrendered. This is a very good opportunity to add a few new positions in your portfolio and get a good profit

I have very little experience in trading. But I think that trade with cryptocurrency is a some kind of casino. It is very difficult for me to understand the reasons why the whole market is red now.

This is my take: The crypto space is a relatively new territory. It is highly speculative. Highly volatile. I do not think that anyone knows what qualifies as a crash in this young space. Cryptocurrency should not be compared t the stock market. They are two completely different entities.

What I see occurring now is a newborn baby growing up, taking its first steps, and speaking its first words. That baby will stammer and fall and get back up and fall again and again until its legs are strong and it has found balance. In other words, we are seeing its growing pangs.

One must be realistic and ask themselves, "What was the price of Bitcoin (for example) this time two years ago? It was $400. Last year this time it was $8200! At the moment, it is $8200! It has been as high as $19,200!

This is a "baby" that has been fed too much and vomiting. The prices we are seeing now are the normal intake of this growing crypto-baby. This baby will grow and will be able to take in more and not vomit it out.

It is too early to qualify anything in this space as a "crash." It should be more accurately described as the natural or "digital" growth of a baby. A baby that will quickly mature and be too big for its own britches.

And when that happens (and it will happen) the world will be astounded at the child who has become an adult.

Now is the time to buy some baby food.

There are already too much speculation. About the  fate of the cryptocurrency Market in the recent past, the market isn't as healthy as we would like it to be currently but this is the norm of the crypto market, characterized with. Highest. Volatility and unpredictable happenings. The market is on the dip currently and we cannot do anything but. Hold on to those coins as much as we possibly can as the value will increase with time, no doubt about that

Yes, the market is still in a big fluctuation stage, and now it is a good opportunity to purchase potential coins such as ETH.

Yes the market continues to crash but this is the good time to accumulate top coins (Coins that are in the top 100 in coinmarketcap) , and do dollar cost averaging and increase position in preparation for the bull market.

You have predicted the market crash nicely. I wonder if you are a millionaire now or it was just a guessing.
Anyway, without this crash we could not see BTC below $6k and ETH below $200

The promise of the blockchain and the rise of cryptocurrencies could transform the global economy.   In addition, with ownership of the world's largest and most robust capital markets, it is clear that the blockchain possesses all of the key resources to lead global economic transformation. Important is long term and not short

I think that the market is crashing always during the history of the cryptocurrencies. You must remember a situation with BTC when the price of this coin was put down after 5000$. A long period this fork was near 50-200 dollars. Now we have the same situation. You must wait and hold tokens and other cryptocurrencies if you believe in a crypto.

Something to sell and something to keep. Now, perhaps the best day. Probably the emergence of the bullish trend will last a short time

Market has been crashing since the beginning of this year but I think there is light in the tunnel now, the bear is tired and the bull will soon take over though he may not fully take over this year, but am optimistic that the bull will overrun the market in the first quarter of next year.