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Title: The fall is affected by South Korea's closed exchange? Post by: alian17 on January 11, 2018, 08:07:20 AM The overall decline in the market, is it affected by South Korea's closing of the exchange?How do you see it?
Title: Re: The fall is affected by South Korea's closed exchange? Post by: jimmyjohnjimmy on January 11, 2018, 08:16:31 AM Usually it is something to do with something getting closed, I remember when China banned ICO's and the price took a hit. If you are going to get involved in cryptocurrency you need to be used to the market jumping a lot.
Also usually after a hit, it recorrects itself and keeps on going. Title: Re: The fall is affected by South Korea's closed exchange? Post by: Sevarchik on January 11, 2018, 08:34:31 AM It was after coinmarketcap exclude volume of Korean exchangers.
Many players accept it how outflow of funds from cryptomarket Title: Re: The fall is affected by South Korea's closed exchange? Post by: thedec4 on January 11, 2018, 08:35:45 AM Yeah theres been a few times coins have dipped and its been linked with things closing. Just buy more on the lows and expand the portfolio.
Title: Re: The fall is affected by South Korea's closed exchange? Post by: cheezcarls on January 11, 2018, 08:42:07 AM I agreed that part of the "fall" of Bitcoin and other altcoins were due to CoinMarketCap excluding the Korean exchanges. On top of that, Park's statement in submitting a bill to ban cryptocurrency exchanges in the entire country plus the raiding of Korean-based exchanges like Bithumb played a part of the altcoin downfall.
However, it's rebounding slowly. There's no way that Korean could stop cryptocurrencies from growing despite the ban. Also, Koreans are always finding new ways to trade without getting into trouble. Title: Re: The fall is affected by South Korea's closed exchange? Post by: makuny on January 11, 2018, 08:45:04 AM It was after coinmarketcap exclude volume of Korean exchangers. Many players accept it how outflow of funds from cryptomarket Sure. And many people sell to fast ;) Is time too buy cheap your favorite coin ;) Title: Re: The fall is affected by South Korea's closed exchange? Post by: Pengbin0211 on January 11, 2018, 08:47:21 AM Maybe most of the people called it ‘fall’ and worry about bitcoin and altcoins
will die in 2018 . I do believe it is just a correction. Hold and hold Title: Re: The fall is affected by South Korea's closed exchange? Post by: Zero1One0 on January 11, 2018, 08:52:28 AM Just FUD at this time. Nothing concrete atm. Similar to China ICO ban last year, don't panic and HODL!
https://twitter.com/iamjosephyoung/status/951371861081800704 Title: Re: The fall is affected by South Korea's closed exchange? Post by: Tone147 on January 11, 2018, 08:57:08 AM If South Korea also closed its exchanges, the short term would be a bear market for the entire cryptocurrency market, just as china did last year.
Title: Re: The fall is affected by South Korea's closed exchange? Post by: NaissuR on January 11, 2018, 08:58:49 AM it was just a FUD... :/ you can go read news now
Title: Re: The fall is affected by South Korea's closed exchange? Post by: Aminmon on January 11, 2018, 09:10:12 AM South Korea has confirmed that it will not close the exchange, which is a fake news, which makes me nervous today because all of my encrypted money has gone down. :( :(
Title: Re: The fall is affected by South Korea's closed exchange? Post by: rallyko on January 11, 2018, 10:47:06 AM of course! But it seems to me that on this news the big players fixed profits and then bought altcoins at low prices. So in this situation I do not see anything terrible. 2018 will still be the year of growth of the entire cryptocurrency world. ;)
Title: Re: The fall is affected by South Korea's closed exchange? Post by: makuny on January 11, 2018, 06:50:50 PM South Korea has confirmed that it will not close the exchange, which is a fake news, which makes me nervous today because all of my encrypted money has gone down. :( :( I hope you have not sell you coins. Panic sell's not good. See Ripple. Falls hard and now now news and boooom.... Title: Re: The fall is affected by South Korea's closed exchange? Post by: hukaze on January 11, 2018, 07:39:35 PM Yep.. and as others have said.. use this as an opportunity to scoop up some cheaper positions..
Title: Re: The fall is affected by South Korea's closed exchange? Post by: strickland on January 14, 2018, 10:02:48 PM The overall decline in the market, is it affected by South Korea's closing of the exchange?How do you see it? Not really, the Holidays just went by so there may be people selling coins that they got for Christmas. |