Bitcoin Forum

Hi there what happen all altcoins and bitcoin is dumping but why? Im panic about that and the coinmarketcap still dumping this is the end of cryptocurrency? Anyone knows about this? A litle worried about what happening now. :(

Yeah, all cryptos are red now. I don't know what is happening right now why bitcoin price continues do drop. I also feel panic now but I can still manage to control myself selling all my coins. I heard that base on graphs bitcoin price very january of the year really dropped. So I think it's normal now, let's just wait for it to recover in the coming weeks.

be patient, just wait for the good news I'm sure this is not the end of crypto hopefully the price will come back better

Take a look at my YouTube video where I discuss the recent news : https://www.youtube.com/watch?v=zE3IhsSrAOg

There has been plenty of news about what's happening. Are you familiar with new sources like Coindesk (https://www.coindesk.com/) or Bitcoin.com  (https://www.bitcoin.com/)or Google (http://bfy.tw/G5PS)?

Recently the South Korean government announced plans to regulate, restrict, ban elements of bitcoin or cryptocurrency trading. This news, even though it's just a short comment and not legislation or law, has likely driven the sell off we're seeing right now. And when one coin sells off others are likely to follow. A lot of the investors are new, thus they tend to "follow the leader or the herd".

At least for being a full member, you should have spent some time on this forum and in the crypto world to have known that situations like this happen once in a while. Bitcoin had a further downward correction which usually affect all alts. This is time to buy anyone you can to make profit as I am expecting a turnbuckles from now.

never panic, you can get carried away the flow of power, but use this situation as a profit, I'm sure bitcoin tuirun price will not be less than the price of 10k will go up just try

Try not to panic. Cryptocurrencies will certainly continue.

agree, there is no reason to panic guys, if you are willing to earn, you should not be afraid to loose, that is why we should invest what we are willing to loose, these movements are not forever, soon it will go up again, for me, i am not affected with the plunge of bitcoin price, because i know that this scenario will took place, if we all panic, surely the price of bitcoin will continue to drop until the last coin is burned. keep on investing and buying, we are the manipulators of our own gains and sadly our own loss.

all types of coins have a sharp decline, whatever the cause, it seems like those big players have played prices on the whole cryptocurrency. but I'm sure this does not last long. will likely return to normal after a few weeks later

this is why i believe so, moderators seem to want this off forums since they deleted my topic...
https://1bitcoins.net/nsa-crypto-god-calls-bitcoin-toy-nsa-project/

Really, you don't know the latest news about the world of cryptocurrency a few days ago till today, very unfortunate dude. I'm sure you have a connection to the internet and have google for its search system, but you didn't that. I don't believe that.
Well, that has happened to the price of the coin in the world of cryptocurrency which has recently fallen in price, due to several countries that will ban against bitcoin, like China and Indonesia. So make a panic to investors and make them take the decision to sell bitcoin.

Guys from what i have research south korean government shuts down all the cryptocurrency exchanges because they are starting to regulate the crypto world. And in my opinion its good for their country. But these greedy rich individuals of crypto and or institutuins of stocks are riding that news to make the price lower and as we can see its not giving a good result. So you better just stand your ground and hold it will stabilize and gets back to normal one day. And its much better if you have fiat to buy these bargain price as soon as the market gets back to normal you will have instant gains.

Yeah, It is a Panic!  ;D
Just whait, moon trip will come to us. Nobody knows when the fall will end and the growth will begin.
If you believe then wait.

It's just because of other panic traders like you.

Some whales spreaded fud after selling their holding at peak.
Newbie traders got panic and sold off all their holdings.
When fomo will kick in more new investors will jump into crypto.

This is the herd effect, several stops are triggered and the drop continues until the price becomes so ridiculously low that a buying wave returns

Don't panic please.
Because Bitcoin price dump now.. I think need wait few days or week and will be OK.
Hold your coins, don't sell.

this news comes from the rumors of south korea. the market is becoming more crazy nowadays. I think we should be wise and full of thoroughness. analyze the situation again. I think the next few weeks, the situation will return to normal

I think it is affected with Mike Bell (JP Morgan) pronouncement that cryptocurrency could ban by the government.
Many investors may have panic about it.
Bitcoin has been branded a fraud by the same person years ago but look btc now.

I think it's all because of situation in Asia, governments of some countries banned cryptos, some of the adopted restrictions, so the price of bitcoin went down. Other currencies also followed, as people are waiting and are not buying it anymore.

Be patient, all goes down will go up.. We just need a good news

We should not speculate too much, better to relax and trust this investment, if we fall into panic we will just lose our investment, crypto really move
like this if you track back the early days, corrections happen then after that the big jumped followed, so if I wear you just ignore the news and keep
holding never to sell into panic to avoid a big loss.

I believe most of the sellers are cutting loss. They bought into at higher price, expecting to make quick money.
Bitcoin will move upwards once these people left.

Come on, this is not happen for the first time to cryptocurrency until you have to say this is the end of cryptocurrency. Although Bitcoin has decreased by almost 40% in the last 24 hours, it's still very reasonable when you see the price jump before this. Altcoin? They just following the kings movement, because altcoin still exist because bitcoin want it to. This is all just about bitcoin, there are rumors that prices are falling because of the holders of bitcoin futures contracts.

First time I've heard of it .Are you sure ?

I've never seen the market so bad and even when China had banned bitcoins, not all coins had fallen by 50% in juts 1-2 days. Bitcoin has fallen multiple times every 1-2 months but now the state is sorrowful. I hope the market can recover due to the recent news and stabilize itself. Currently, there is a lot of panic.

Well if you see it that way, I feel sad for you. But for others, seeing a lot of price drops will totally make it as their opportunity. Buying more coins in a lower price.

I prognaziruyu on bitkoinu next! If now we leave in the flat, it will continue and will go until the middle of February, there is a decisive moment. From time to time, it can give rise to 13,500 and fall to 11500. If during this time bitcoin still falls to 9,000, then until March the positive should not be expected from him. God save us if we fall at 7500. Until the end of April there will be a flat. Here's a scenario.

Well there's a lot of news going around the ecosystem for the past 2 days that really cause the market to crash. Governments are waging war against it, but I'm sure that we can stay afloat in the next coming days. This is not a long term effect on the market.

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We can't really control how the price will moved. Sometimes it will not go on our favor because of the FUD going around. Its just normal to see corrections happening from time to time so that we can moved even to a good direction. Another bump in the road, the logical option is not to panic sell, hold on your coins and come back after 3 days. If you constantly checking the price of your investment going down, most likely that your decision will be clouded and sell everything.

Really this is a matter of thinking. All the cryptocoin are tumbling with the price dump of Bitcoin. This behaviour shows a perfect negative correlation between the Bitcoin and the Altcoins. So, guys who is actually knows the right price prediction then post here. Because all the investors are now in panic mood and selling heavily.

I am not panicking I am thankful.....happy to see all sell as I thought I missed the boat..new to crypto now I will wait for down trend and have identified targets looking at my fiat will get some bargains and HODL till 2020 :)

Who doesnt kill us make us stronger.
I think in 1 month period all major coins was double value then it is now.
Do not panic,  dont let whales make profit! Just relax,  good days coming again!

The most coins are still looking good for me and I can just see a little bit blood. We saw so much gains in the last two months at so many altcoins and bitcoin. Just hold on a little bit and you will not regret it! We are just going to shake out the weak hands!

I agree too, Full member it means you have more experience on this situation. Well, China and South Korea have any issues in Cryptocurrency, make the panic sell happen. Bad news make investor scared plus Panic sell from Altcoins holder make the situation worse

too many newbies are joining the market so they are more likely to panic so the market price is destroyed now, I believe if it is an experienced person then they will smile to see this incident and will still hold what they have.

It's too early to conclude that this is the end if cryptocurrency, I think this sell off is as a result of legislation news whether true or not has in some way caused this sell off and new investors are panicking and trying to withdraw their investments. But overall, things like this are expected and I believe market will come up again but when is what I don't knw

One of the gold rules of the trader is not to panic or give vent to fears. The market can not always grow. Calm, especially since this is not the first time.

This is what happen when you see people depend on noise for their trading decision, to good trader buy dip and sell high, I don't know why some people don't know that the market correction is coming Bitcoin when from 3k to 20k in few months

Look at the chart at every beginning of the year. Every coin is dump at january. Dont panic sell it will create new all time high in juny. And then dump a little again. However. It is still very bullish if we buy it last year. Also coinmarketcap remove korean volemu thats why the volume is not as big as before now..

Nothing to worry about, it's just a natural correction my friend. If you look at the chart of bitcoin from the past few years, you can see that there are always a correction in January, long term is still very good for cryptocurrency. I would be worried if things just keep going up and up without a correction.

Just a correction. If you look at the last year it was much needed, but that's my opinion

That is where losers are made. Because instead of trusting there investment they ended up panicking and selling all their coins without even thinking and studying the market first.

Yeah, we are back, the correction was healthy, it scares of weak hands investors, we are here for long term.

just a simple dump... Sometimes things happen, but do not be afraid. Cryptocurrencies turned green.

I don't think it is just a simple dump because I never seen anything like this before and the market cap value of crypto currency just fell into half in two days and it is created by the panic selling.But now the conditions turning into normal every coin is in green mark.Hopefully the capitalization of coinmarket cap will again reach $600B.
As you said no need to afraid just hold and keep buying if you can because we knows that the price will recover soon if anything happened like this.And another thing is that every beginning of the year the price was dumped so it happened now also and the price is recovering.

Holding is not good only when the price is good.
But the key is to know when the price is good for selling.
When the price is low don't sell it. Only if the coin is taken apart and useless.

I think its a massive correction :), but do not panic. You will just loss your money.
Anyway its on green now.. So stop panicking!

I think it is interesting that they excluded the Korean prices, they are high, yes, but unfair to exclude them. Distorts the view on all things I think.

well, I wonder why people 'panicking' at the black Friday for Altcoins. I'm sure it's an easy opportunity to grow our money. I mean just what the old quote says, "Buy when everyone selling, and then sell when everyone buying. I had been tried the quotes, and I'm made a lot of profit from it.

Just calm down, it's a natural thing where maybe the price of the con will always go up, naturally if you feel panic and want to sell altcoin because you are afraid of loss, but try to be calm I also have some altcoin that suffered loss, but I'm optimistic it will be good only if I'm more patient

so history always repeat itself
this word i found at forex trading group but ii think this is relevant for crypto nowadays
mid year and almost end of the year is good thing for chart, if that history will repeat again? is it?

It wont balance the real value since korean exchange really have a higher value with the coins which is included from their service, lucky for those who able to sign up but reality we should relied to the active market and we shouldn't worry if we seen some downfall, yet we should be glad because opportunity is knocking to our door buying those bloody coins which have a good and promising updates to come.

Can some one answer the following questions that were asked by my nephew who is also into Crypto:

1. Why can't a coin other than bitcoin move independently from bitcoin? If bitcoin rises the alts drop, or if bitcoin drops, the alts also drop. Why not a coin will just move according independently from BTC and even surpass its value?

2. Will a coin be able to surpass the popularity of bitcoin?

I think the dumping is caused by some rumors about negative policy from China government. Actually, I do not think they can Stop the growing of this market.

1. Can't? That's surely a wrong assumption. For most of the time, yes, alts are affected by major Bitcoin price action. But there are also times when alts just go on their course, regardless on how Bitcoin is doing. Surpassing BTC in value is another problem. Bitcoin is superior because of acceptance, popularity, adoption, technologically stable, well build, and well tested.

2. Very unlikely IMO, unless Bitcoin development is dying.

I don't think it's the end of Crypto
Reasons for FUD:
China banned mining and P2P trading (might be a FUD)
S Korea decided to ban exchange (False info)

no need to worry. yearly. altcoin and bitcoin thing goes down in January and then as you see all goes up spectacularly. 2018 will be a promising year over 2017 a lot. The current altcoin is showing signs of recovery after a downturn due to the influence of information from China and Korea. 2 major cryptop countries

Yep, I think we successfully passed the downtrend. It seems like everyone are moving their fiat into the crypto again  ;)

why would you panic? you are a full member and i believe you saw something like this before, just calm and wait for its prices to comeback in its normal progress, this always happen and it is a good chance actually for traders to buy discounted coins before it pump again. If you don't believe in cryptocurrency this might not be a good industry for you to be honest. :D

It will ofcourse the downtrend is not for long it just a temporary issues that price are currently down. It will recover also if red marks a good to hold. In this event prices will go high again.

I hope the bulls stay for long now

Always wonder about that word, "correction" and "correcting" in Crypto terms. Can someone explain to me what makes a cryptocurrency "correct" itself? I am really confused by all of this technical jargon.

I think they have been awoken already from their long slumber. And it looks like they are collecting and stashing more bitcoins in the next days or so. That's how they are, most of the time they are in deep coma but once awaken, it's hard to stop the herd from flocking into the market. You can hear them from afar.


A price "correction" is the reverse of a bull run if I'm not mistaken. Most people define correction as a 10% down of the market price, as opposed to a crash which is around 30% or more.

If it is true, then there's no reason for us to panic. Let's wait and try to control our emotions so we cannot do decision that we will be regretful at the end. And I think that's the best thing we do let's be patient and wait for it recovery.

I see, and what are the factors that contribute to a certain coin correcting itself? Bad news and even fake news contributes to a decline of the altcoins or bitcoin or both in general? Why does the cryptocurrencies behave like stocks on a stock market?

Well, if you get a news of a storm is coming even though it is far, natural instinct is to fill reserves at any price..this is same with money...when you know you might loose it all you start selling..unless you are like me who had bought coins for the fun of up and down....and always be HODL

You should know that Cryptocurrency has fluctuative price everytime. Any little issues can make big trouble.
And, i'm doubt you really following Cryptocurrency updates. Already Full Member should not ask something like this. :-\

Well, I think it's okay to panic when you see a lot of red in coinmarketcap because the market is very unstable with a lot of FUD right now. He just joined Bitcointalk 4 months ago but he posted every day that's why he's already a full member. I think it is the big correction that stops the bull run since last years, it gives a lot of opportunities for newcomers to buy bitcoin.

It's definitely not the end of crypto market, but the market haa been struggling for quite some time now. Every time it recovers from a dip, there are more bad news which cause a new dip. Hopefully this phase will end soon and the market will get back to the bull run.

But there is always rise for the last 9 months, almost one year. Now it is time to fall and consolidate I think this fall will continue.

Lol there were topics like this on every red day. "Is this the end of crypto?"
I should've been ended several times by now. But we're still doing good  ;)

Dont drink too much coffee brother because it will really give you nervous. (Just joking). If i were you dont easily panic on these kind of situation which it is a common thing to happen here on crypto.If you do try to look on the total marketcap all over the years since from the beginning you would able to say that it did grow soo much after all these years. Decline on prices are normal so theres nothing to be worried of.

Dude that's what we call logic. I know it seems hard is crypto to talk about logic but it's actually something useful that exists for a reason :p

All coins got historical profits in the last month.
Overall the marketcap was terrifyingly high. Every day was a new all time high.
Do you think it can continue like this forever? Of course at one point the price is going to fall back... That's just plain logic.

The rise was too fast, too high and without enough logical reason. Hence the panic and the dump.

This has happened and we should put this dumping behind as this happens because of the issues of  regulation around the world. Bitcoin as the head has gotten dump to $9550 and we have has some recovering above $11,000. I am not panic about the dump and most of my focus now is how to get some fund to invest in cryptocurrency.

Yeah, but there are lot of investors who are really nervous when they see that the price is going down. You really can't blame them. But one thing that bitcoin shows us that we shouldn't be that much affected, because it will be just temporary and will recovered anytime.

I think we are really doing good, despite so much pressure from the governments to ban or regulate the market. And just Hold, nothing we can really do, well except to buy in dips. But if you don't want to because you are afraid that the market will go down again then just hodl and stay calm.

I think after the weekend a  massive bull phase will begin. Crypto is at the beginning not at the end.

I don't think you need to worry, this is kind of annual event in crypto market. You can check the market table in the previous yea, since 2015 maybe. Bitcoin (and other altcoin) is always form correction in January, then it will raise up again after that.

What help the space last year, was that some VCs started investing into the space, if these fund keep coming I think we will likely see more growth in price but the issue now for these projects especially those that are 3 years old, they need to start delivering something

Why you have to worry? You should think positive and see it as a discount for buying the coins that you really want to buy before but it's already on the moon. Just buy the dips and it will rise again sooner.

Probably that's what we should do let's hold still our coins and wait when will be the good news happen,yes i am hoping also that this will be not the end of crypto world.

Dont panic if the CMC goes down it will gonna adjust soon
Just relax and hodl what youre hodling

I think the fall in bitcoin prices or other altcoin prices is not caused by coinmarketcap. Coinmarketcap only provides data and information on altcoin, from price, market, price charts, and more. All that is listed in the coinmarketcap is based on the circumstances. So it's not the coinmarketcap that causes the altcoin price to fall. Then what makes altcoin prices down and makes all users panic ?. It could be because of weakening prices against gold and the dollar, the issue and speculation of bitcoin or other altcoin, the issue and problem in important countries associated with bitcoin, eg China. So again I affirm that it is not the coinmarketcap that causes the altcoin price to fall. thank you

My favorite site! Absolutely any information can be found on this site. On different coins, it is convenient that everything in one place, now I can not imagine life without it  :)

Its normal when something going pretty high it will goes down too. Bitcoin ever goes from $1300 to $150 and its still not die till today. After high dump to $150 its going up slowly untill breaking $1300 then creat all time high at $18000. This correction is still normal correction if you see the history of crypto currencies and history whole marketcap. Enjoy the ride and wait untill 2021

Panic went to the market, at first everyone thought that it was not for long, and when it dragged out everyone decided to sell, which aggravated it even more. So my advice so far do not look at prices, read about new projects and what innovations they offer, you can also choose a pair for investment.

I have read about the market manipulation of coinmarketcap. I think this is true, surprisingly when heard this information, the market Crypto is in the hands of CMC. I think this news will make the Crypto market drop sharply. Many investors will give up CMC.

This is a common situation, it is called market correction. This usually happens after a significant market growth and lasts for 1 or 2 months. Now it's all a little bit delayed, but I think everything will fall into place.

The Cycle keeps repeating and i'm very immune on it so what ever the market shows to us. Whether good or bad I will just hodl, remember were on early stage.

The site that provide important information to decide what next move that want to be done.
Usually I use coinmarketcap as guide to keep invest or not for certain coin although it's not guarantee to make profit !

I think this coinmarketcap is a collection of coin price referrals in each market and on this coinmarketcap is shown at the average price in each market. and from my experience the ICO coin listed on coinmarketcap has potential selling price will be good

Why did you send a message to a recent message in January? You've revived the place unnecessarily, I've been reading the messages on the topic for a minute. You stole my time

Bitcoin and altcoins do not always have a rule to rise..This is something contrary to mathematics..It has always been such ups and downs of the year..You just have to wait till the right time comes.

Still believing, the market will get better later on. Just need to be patient, bitcoin also takes several years to make the price become as it is today. The seniors just keep calm in response to the current craze price.