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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Daper on January 23, 2018, 10:51:26 AM



Title: Total market cap €400B and falling
Post by: Daper on January 23, 2018, 10:51:26 AM
From its peak of €800B, alt coin market cap today stands in low €400B and falling along with continuously falling price of BTC which is hovering around €8k now. This is real market crash, not just typical correction. People who invested like crazy in December and early Jan are now sitting in deep red with empty pockets. New investment money would be very hard to come by in coming days and that is one of the reasons why markets aren't picking up and remain stagnant.


Title: Re: Total market cap $400B and falling
Post by: therwas on January 23, 2018, 10:55:32 AM
Marketcap is 500B right now  and every new year in January we have around same correction of 30 % so stop panic and sell your coins and go away from crypto its not for you.


Title: Re: Total market cap $400B and falling
Post by: Daper on January 23, 2018, 11:00:25 AM
Marketcap is 500B right now  and every new year in January we have around same correction of 30 % so stop panic and sell your coins and go away from crypto its not for you.

I always get a big laugh when twerps like you, the self styled crypto experts with absolute zero data analytics skills come here flopping their mouth. It's always the same plain ol' 2 dimensional look back 'oh it always drops in early January' .... this is the limit of your data analysis skills   ;D


Title: Re: Total market cap $400B and falling
Post by: wklt2002 on January 23, 2018, 11:06:27 AM
Marketcap is 500B right now  and every new year in January we have around same correction of 30 % so stop panic and sell your coins and go away from crypto its not for you.

I always get a big laugh when twerps like you, the self styled crypto experts with absolute zero data analytics skills come here flopping their mouth. It's always the same plain ol' 2 dimensional look back 'oh it always drops in early January' .... this is the limit of your data analysis skills   ;D

Thats quite hypocritical since you're saying this is a market crash but you're not giving any explanation or facts either. If you think the Cryptomarket is never going to recover please just leave the forum. The past months there have been very significant increases in almost all altcoins prices. This is just a major recovery. One year ago Bitcoin was expected to hit 3k-5k in December, but it increased more, so a big correction follows.


Title: Re: Total market cap €400B and falling
Post by: Red-Apple on January 23, 2018, 11:14:20 AM
From its peak of €800B, alt coin market cap today stands in low €400B and falling
that my friend is the shitcoin bubble burst of the year.

Quote
price of BTC which is hovering around €8k now.
it is €8512 which is equal to $10400
this is a global forum and USD is the price value that is used here when reporting the price.

Quote
People who invested like crazy in December and early Jan are now sitting in deep red with empty pockets.
well, when you invest in a shitcoin after it is in a bubble you lose a lot of money which will never come back to you.

when you invest in a solid thing like bitcoin even if it drops, you are still holding something useful which will also recover.

and by the way anyone who bought bitcoin in December is now in a little less than 100% profit since price was about $6000


Title: Re: Total market cap €400B and falling
Post by: cynical on January 23, 2018, 11:24:44 AM
From its peak of €800B, alt coin market cap today stands in low €400B and falling along with continuously falling price of BTC which is hovering around €8k now. This is real market crash, not just typical correction. People who invested like crazy in December and early Jan are now sitting in deep red with empty pockets. New investment money would be very hard to come by in coming days and that is one of the reasons why markets aren't picking up and remain stagnant.

i think we are going to see new investments in 2018,
there will be new investors with new FIAT to put in
and the will be returning investors with new FIAT and liquidated crypto ready to get back in too.
i dont think any alts will die, look at DOGE for gods sake, some poeple are buying into it _ _ _ again.


Title: Re: Total market cap €400B and falling
Post by: udayantha11 on January 23, 2018, 11:29:01 AM
this happens normally, every big hype have a big dip also , this happened due to correct market.


Title: Re: Total market cap €400B and falling
Post by: renes on January 23, 2018, 11:36:48 AM
I think bitcoin is going to crash to $6000-8000 but it will take 4-5 months and will not be above $13K until late 2018. pessimistic I know


Title: Re: Total market cap €400B and falling
Post by: Freddoe on January 23, 2018, 11:37:57 AM
This cant just be a normal correction. Last week I had a drop of 60% and made a bounce and then only 25% down on saturday. It's true that we have lost alot of people since the shitt coins toke theire money. I belive we will bounce back and hopfully reach new ath. But this will take some time. Since also the media is FUDing everywhere with crap and bubble noncens. Read an articel were the compared this to the tulipbubble in the 1600th. This is tecnology and not a flower. Come on!


Title: Re: Total market cap €400B and falling
Post by: Durr_1412 on January 23, 2018, 11:39:03 AM
There is no surprise thing.
In any market, the up and down is the obvious thing to happen.
And a lot of people only expect increase and don't think it will go down.
That you should not come to the market, go work a full time job, get payment every the end of month.
People always cry when they fall and don't figure out themselves the reason.
Please be mature.


Title: Re: Total market cap €400B and falling
Post by: commanderbitcoin on January 23, 2018, 11:46:10 AM
From its peak of €800B, alt coin market cap today stands in low €400B and falling along with continuously falling price of BTC which is hovering around €8k now. This is real market crash, not just typical correction. People who invested like crazy in December and early Jan are now sitting in deep red with empty pockets. New investment money would be very hard to come by in coming days and that is one of the reasons why markets aren't picking up and remain stagnant.
I'm not worried about this coinmarketcap thing, not all are affected with this unless majority of your holdings are all shitcoins. This will eventually going back to what ever ATH in coinmarketcap. Blockchain technology is just beginning and not yet  fully adopted. Wait a couple of years and you will see that that coinmarketcap thing will just be a history.


Title: Re: Total market cap €400B and falling
Post by: Boi qaaf on January 23, 2018, 12:24:13 PM
Well, it's just a matter of corrections and it will back soon :)


Title: Re: Total market cap €400B and falling
Post by: Jepli on January 23, 2018, 12:56:08 PM
From its peak of €800B, alt coin market cap today stands in low €400B and falling along with continuously falling price of BTC which is hovering around €8k now. This is real market crash, not just typical correction. People who invested like crazy in December and early Jan are now sitting in deep red with empty pockets. New investment money would be very hard to come by in coming days and that is one of the reasons why markets aren't picking up and remain stagnant.

i think we are going to see new investments in 2018,
there will be new investors with new FIAT to put in
and the will be returning investors with new FIAT and liquidated crypto ready to get back in too.
i dont think any alts will die, look at DOGE for gods sake, some poeple are buying into it _ _ _ again.


For me, everything's gonna be alright in the coming weeks.  I'm sure there is a compelling reason to consider on what is happening with the cryptocurrencies. Market cap can be recover in a few. Let's wait and see.


Title: Re: Total market cap €400B and falling
Post by: Raindez316 on January 23, 2018, 01:49:14 PM
I can still consider this as Market Correction. To many investor last December  which resulted to big earnings of those who invested at low price. And many investor feels like they need to exit first and reinvest later.


Title: Re: Total market cap €400B and falling
Post by: sweerty1 on January 23, 2018, 01:50:33 PM
People still reject the fact that this happened in every other january and even rates are similar.
This is regular correction triggered because of problems with bitcoin, will be relaxed in 3 months.


Title: Re: Total market cap €400B and falling
Post by: coinmgnet on January 23, 2018, 01:54:51 PM
From its peak of €800B, alt coin market cap today stands in low €400B and falling along with continuously falling price of BTC which is hovering around €8k now. This is real market crash, not just typical correction. People who invested like crazy in December and early Jan are now sitting in deep red with empty pockets. New investment money would be very hard to come by in coming days and that is one of the reasons why markets aren't picking up and remain stagnant.

It's almost half than what it was, buy have you noticed, Bitcoin is the biggest loser here plus a few other big crypto coins. :)


Title: Re: Total market cap €400B and falling
Post by: therhslv on January 23, 2018, 01:55:31 PM
i would be really happy to see bitcoin at 3-5k USD range , that news FOMO that almost every tv chanel was broadcasting made all people who dont know nothing about crypto to just buy , because its going UP . And when/if bitcoin will drop to 5k +- they will broadcast that people was warned not to buy in this crypto thing. I believe its just correction and that 20k for BTC is just a peanuts . Its just a matter of time when second wave of money will come in , but its gonna be bigger than ever


Title: Re: Total market cap €400B and falling
Post by: kinki32 on January 23, 2018, 01:58:47 PM
For crypto ecosystem this volatility is normal and with bad news from China and from another countries. People rarely see the growth but the fall always!
  


Title: Re: Total market cap €400B and falling
Post by: Grim149x on January 23, 2018, 05:00:32 PM
I'm not worrying much about it. I'm prepared to buy low now. Whatever goes I still win. However, I prefer bitcoin not dropping too much now.


Title: Re: Total market cap €400B and falling
Post by: BlackWidow on January 23, 2018, 05:05:12 PM
Congratulations guys ,capitalization began to grow . All managed to buy some cheap BTC ? . What I think is a new wave of growth ? We want to trick?


Title: Re: Total market cap €400B and falling
Post by: Marvell1 on January 23, 2018, 05:10:40 PM
Guys, just calm down. Such a dip correction is a common thing for the crypto market and it's not the reason to panic at all. I don't see any opporunity to fall to zero, just because many people with a very huge bags are in. Plus there is a whole cripto industry has appear.


Title: Re: Total market cap €400B and falling
Post by: SearchingforS on January 23, 2018, 05:13:43 PM
No, it's not a market crash and this was the real correction; all ones before - there were very soft and only that one is close to the reality and the real prices of coins.


Title: Re: Total market cap €400B and falling
Post by: Bytem3 on January 23, 2018, 05:19:36 PM
It's returning. Always good to buy Bitcoin (https://coincodex.com/crypto/bitcoin/) when it's around $10k. Strong resistance there and bounces back everytime! Altcoins (https://coincodex.com/) are recovering as well.

https://i.gyazo.com/46722d1aaa390f774f08be915482fecc.png (https://coincodex.com/)


Title: Re: Total market cap €400B and falling
Post by: Maveth13 on January 23, 2018, 05:23:39 PM
From its peak of €800B, alt coin market cap today stands in low €400B and falling along with continuously falling price of BTC which is hovering around €8k now. This is real market crash, not just typical correction. People who invested like crazy in December and early Jan are now sitting in deep red with empty pockets. New investment money would be very hard to come by in coming days and that is one of the reasons why markets aren't picking up and remain stagnant.

I'll let you in a little secret... market cap doesn't mean anything. Sure some altcoins have crashed, because most of those are shitcoins, only made for pump and dump. And if dozens of those shitcoins, with crazy amount of supply crash, of course you'd see a huge decrease in total market cap, but that doesn't mean the entire market is crashing.

Also, people who invested in early January are not sitting in deep red with empty pockets, because it's STILL FREAKING JANUARY.


Title: Re: Total market cap €400B and falling
Post by: miyaka26 on January 23, 2018, 05:36:28 PM
From its peak of €800B, alt coin market cap today stands in low €400B and falling along with continuously falling price of BTC which is hovering around €8k now. This is real market crash, not just typical correction. People who invested like crazy in December and early Jan are now sitting in deep red with empty pockets. New investment money would be very hard to come by in coming days and that is one of the reasons why markets aren't picking up and remain stagnant.
Is that a speculation or a fact that we must consider, do you have a solid proof that this is a real market crash because the very definition of market crash is sudden decline of price, for me it is not crash nor a bursting bubble, like the others said it is the price correction, given that bitcoin insanely goes from 5k to 20k USD dated around September to December before the Christmas week, that is a crazy increase if your going to ask me, thats why the price correction is a big decrease to all coins.


Title: Re: Total market cap €400B and falling
Post by: DanielRR1997 on January 23, 2018, 05:37:18 PM
The CME and Cboe both launched bitcoin futures trading contracts last year. The move was seen as a way to get more institutional investors involved in the cryptocurrency market and legitimize it. But trading got off to a light start. More institutions will get on board over time, but it won't happen quickly.
Meanwhile, regulators in some major cryptocurrency markets are looking to clamp down on trading. China's central bank issued a memo suggesting that authorities bank centralized trading of virtual currencies. And South Korean authorities are also discussing the possibility of banning some exchanges


Title: Re: Total market cap €400B and falling
Post by: MartoValenti on January 23, 2018, 06:06:46 PM
In my opinion wall street are some how really in the game. Also, I notice a strange thing. Every weekends (saturday and mostly sunday) the investments are at the peak for the week and Tuesday and Wednesday they are at the bottom for the week. What do you think about this?


Title: Re: Total market cap €400B and falling
Post by: cryptogeek101 on January 23, 2018, 06:11:26 PM
I think there is nothing to worry about the ups and downs of cryptocurrenries because the price must always fluctuate depending on the activities of the market. Any where you enter the market should be your base price, however don't always expect the 100% increase.


Title: Re: Total market cap €400B and falling
Post by: sallydavisy on January 23, 2018, 06:21:35 PM
It looks bad when markets dropped significantly from their peaks, but I think its not a market collapse. We will see good growth by the end of February.