Bitcoin Forum

Why all crypto market goes RED today?
Bitcoin dump to $8500
ETH to $650
NEO dump to $59

What is going on?

The speculation is that the drop was precipitated by 8200 BTC being dumped by the trustee of the Mt Gox exchange, putting a lot of sell pressure on the market. And where BTC goes, the rest of the market follows. https://www.ccn.com/8200-btc-moved-from-mt-gox-wallet-possible-sell-off-affects-bitcoin-price/

wall street adopting the Bitcoin so it is move forward in tomorrow know it is little green in the market. So you should wait and see the Bitcoin hype. This month is not a wealthy jump but this will reach 11k USD to 12k USD is possible.

Because the correction time has come. So this week and maybe couple weeks more it would be like that. But its ok.

On of the reason because of this rumor.
Rumours that South-Korean traders withdrew large amounts of coins causing the market dip
https://twitter.com/CryptoOfKorea/status/994849916253032448

But don't worry, there are many good news incoming which will pump the price in upcoming weeks

my friends experienced investors say that this drawdown is artificial and does not threaten anything dangerous. in a few days there will be a major conference "consensus", after which the whole market will go up. first bitcoin, and then altcoins. not worry about it) I, too, many today lost.

I think it has something to do with the news that there was a search at some exchange. Think it was the main news of the whole market began to fall apart, but don't worry, it's temporary

With the graph of past few months, there is a lot of fear and uncertainty surrounding crypto, with every rumor or media hype, setting it back into a spin. This volatility and correction will remain a norm till the global take on cryptos gets clearer.

Don't worry the still not in a bad moment not unless eth hit down to $500.

Could you please mention that good news or any linked source. I really want to know to stop losing trust on my team from bitcoin. They are just being fed up and they want to sell all of their bitcoins. please kindly mention me. Thanks in advance.

The most important think to ponder is BTC price,today BTC went down to $8600 from $9300 so the same aptitude showed by other Altcoins.Dont be panic its usual in BTC,may tomorrow BTC again goes to $9500 and the rest coins show same attitude.Always be optimistic and no need to be panic,market is not fully recovered.

It may be related to today's investigation of the fifth major exchanges in Korea. The sudden arrival was investigated. It may cause panic in the market. Further analysis is needed for the specific reasons. Wait for the market to recover

This is one of the fundamentals i do able to read about such news which is really also a factor that will really make effect on the current price.There are several news once again and these kind of scenarios isnt really surprising if we do see green recently then we should really expect for a price corrections either natural or intentional.No one knows but the fact there are upcoming news which do possibly indicates to kick on the bull  run and thats the thing ive been waiting for.

It's the market. To be honest, I'm tired of constantly being on the market and constantly analyzing why today is a fall and tomorrow's growth and after tomorrow's fall again. Now I'm only following significant events. Now though, sleep well :)

I think this is the time to adjust Bitcoin prices. After being pumped up to 9k6, maybe it will have to be reduced a bit and then can pump up to 12k or even 13k. That is my opinion

Because Shark and Whale want that, after they pump alt and BTC during this month  ;D As you can see, on every 5th of each month, price of BTC always in a dip/top interleaved. And i don't think it's a coincident

Because of South Korea’s largest cryptocurrency exchange Upbit was raided by local police under allegations of fraud, South Korea is one of the biggest cryptomarkets. And I've heard that Kobayashi sold another 8000 btc.

yes, it's been 2 days it's got a very big dump, so the price has decreased, most people are selling than buying. do not panic sell

Maybe FUD on country which that country was so influental on cryptocurrency
You know that FUD got big effect for cryptocurrency
Like korea commands their people to paying tax for cryptocurrency

Korean fud will not last long, exchanges getting raided are getting quite frequent now. I doubt they will uncover anything, and if they do it doesn't matter as there are many more exchanges to trade from. They can simply move to kucoin if transactions are still open.

nice informations mate, maybe i can said this rumors is a fundamentaly
but, in technically, i think bitcoin price can't break the strong resistant at 10K USD
so, the price down for a big corrections, then when bitcoin price down, of course most of crypto will be red in USD terms  ;)

I think the sharks took advantage of Gates' statements to create FUD. Bill Gates made the most recent statement that he would sell bitcoin if he had a chance. The sharks have recognized it as an opportunity to make the market go down, many panicked and sold off.
That's just a normal downside and the value of the bitcoin is not affected. Trust the bright future of bitcoin.

because there is a huge dumping happening in the market. Also SK's largest cyrptocurrency exchange was hunted down by their police / government. but i think it will not be long enough and it will go back to normal.

This is one of the reasons why but we have a lot of factors, news, and fuds to consider about that, maybe some whales and major investors want to play it safe by converting their funds to fiat or other cryptos so that they will not be dragged by these Mt.gox trustee thousands of bitcoin dumping scheme, he just move the funds away from the former wallet but people tend to react fast, they monitors these wallets for sure.

If BTC goes down, all the alts follow usually.

A lot of FUD news coming whenever the market downs. I think it coz the whales is taking profit (200% since the last dumping: ETH from $350 to $850 within 1 month)

red market is good! this time to buy whith discount! ;D

Do not worry this dip was due to a negative news that a korean exchange is under investigation in the fraud allegation, so this is not a fud news in fact, it is good that crypto exchanges are regulated for more confidence for investors and the market will recover quickly i guess.

because its correction time sir, but we will see more better results in next week)

South Korean crypto exchange police investigation is the reason it seems that crypto market goes down... But, consensys is coming up next week which is worlds biggest event with 8k people in participation

All we can do is just wait and see how far the red will be going.

For me personally, It's not a problem since I try to keep hold no matter what happen at least until 2020 since I believe bitcoin value will increase significantly !

Multiple reasons/rumors for this. First one is removal of some thousands of bitcoins from south korean exchange which put pressure on selling. The second is adoption by wall street. But i think its just a correction which was expected by many top traders.

Yeah market is so transient but do not worry ups and downs is a usuall practice. The most important thing to keep in mind during slowdown is that it's normal for the crypto market to have negative years—it's part of the cycle.By staying calm and not making any sudden moves, you'll save yourself from becoming a bear's lunch. Like do not sell and do not buy. just be patient and wait till it will grow

They have said that every Friday seems to be always red since a lot of people are selling their coins and accumulating their profit, why some are doing this as an advantage for them to buy more coins.

all crypto market goes RED today because bitcoin has been downing since yesterday. If bitcoin starts to rise, subcoins will come to normal prices.

In my opinion it is correction time, it should last short time so in near future everything will back to norm and bitcoin increase own price to 11-12 thousands dollars

This is also a question that I have not found the answer. Indeed today the exchange rates of the entire market plummeted, the altcoins all over 10%. Some time ago I read a very accurate market forecast that after the BTC reached the $ 9000 level, it would quickly drop to $ 8200 and then quickly recover. So I think this time BTC will reduce to prepare for a rapid price increase coming soon.

I think it's just speculation. I doubt that we need to look for additional explanations. history repeats itself constantly.

I really hope that you are right. In any case, next week we expect growth due to the event. It will be good if this lasts until July.

Usually, it is because of the dropping price of btc. Some corcrection is come. It is just another fork or something like that. Also market is going down because we cant break $10k on btc and there are some rumorur that there are some problems with korean exchanges. Nowadays, btc market are unpredictable. Mostly all people waiting 15th may and Crypto Consensus, after this the market can recovery. Last year a lot of people think that they are a genius trader. In my opinion it is correction time, it should last short time so in near future everything will back to norm and bitcoin increase own price to 11-12 thousands dollars. I wonder, when will btc price go up. I hope that I can collect enough btc when the price go up.

Bitcoin went down pretty bad already, there is a lot of coins that is up for grabs. You should expect more Altcoins and ICO's built during the meantime. People want more BTC.

That is not surprising, because, after a period of constant exchange rate increases, it is time for investors to sell cryptos to make their profits. Moreover, the decrease of cryptos rate is a normal, just a temporary one because I think it will rise again and recover quickly next week. So you should not care too much about the exchange rate and should hold as long as possible.

It is only natural to see some red colors on market but as you can see their are also moment when they are green status and that the matter most because we can see some green from time to time and not only the red one, keep observing also the increase and drop percentage because it will help you to tell when to buy your coins to hold.

And what did you expect? the market grew for almost a month and who wanted could make good money. Who had time to take profits - well done! there is no eternal growth and now we are waiting for the end of correction. After may 16 will be either good growth or we fly to the bottom.

I heard there will be bull run but then I saw market red today. I think it is due to Korean Currency exchange investigation and I read news that they sold 8,000 bitcoin that may be the reason.

there is much speculation that if the market is red because of some of the things that dump bitcoin is large and this happens because many people take advantage of opportunities when prices recover and sell large. but this can not be ascertained as the cause of the market to be red.

Both of you should pay more attention to the latest news in the crypto environment. I have no idea about what are you talking about because both of you haven't gotten the correct point what makes this big bearish has already happened to the crypto. Read this one and that give you a lot of explanation about what was happening with crypto before https://cointelegraph.com/news/bitcoin-loses-9k-support-as-markets-react-to-s-korea-investigation-mtgox-sell-off

Because a whale has just dumped his heavy bag on the market..sold 8800 BTC
!that is why

If that news is true, then it could really affect the market shortly.
We should also understand that not all the time that prices are continuously going up,  it sometimes also it will going down.  Is just normal and we should never take it as a big deal.

Well, I guess its all because of the Mt. Gox Bitcoin sell off yesterday. The price of Bitcoin went into a sudden dip and has a domino effect on majority of the alts.
This could also be a trick before the Consensus 2018 starts on monday. Some of the TA's are sighting a price rally after the event.

It can't be helped, what we can do now is to wait for the effect of these actions to settle down and possibly turn this for good by utilizing the low price of bitcoin and making profit out of small recoveries. It is said that Mt Gox exchange will still stir up the market for quite sometime so I guess we really need to save up for the time being.

I didnt understand what happened today. When I checked my wallet, I saw that all my tokens were red. Is this something natural or there was any event
that I missed today?Everybody has same issue I think.

    Always expect the dumps of coins in the market anytime because crypto is not stable since then. The nature of volatility is always in bitcoin and other coins but always expect also after the dumps there is a pump just always think positive because you are in crypto world everything rapidly changing.

Yes, i really care about, the same question for me. And i want to know when market will stop do downtrend? Where is the margin? I hope some people here can help me to understand this. Thanks for admin of this topic.

I think this is about corrections. Speculations are not on positive direction for this month, I hope we can see all the prices high again in a very near future.

Yes, thank you for your sharing. I hope the dumping will stop, and the pumping will come back. Do you know this is a big chance to invest? Which coin should we invest? Thank you

My best guess is that SyFy canceled The Expanse.  That's the only thing I can think of that would cause the market to dip like this. 

Your informative information can help me to understand about the market this time. I hope they can get back and help all investors can believe in the market. A big dumping now and hope a big pumping will be next week. Thank you very much

in my opinion not to worry too much. Fluidation is natural for crytpo. I'm sure the decline will not last long. Will be up in a few days soon. Better to use this opportunity to buy some coins then sell them at a high price.

Don't worry about this dump, it's a temporary one, to jump higher you gotta hit the ground first. This is only a idestep to jump higher, be aware, bull train is on it's way and it's going to get us to the top.

A non centralization market is like this. A negative news that does not know the true or false will cause panic. With the decline of bitcoins, other tokens also fell.

Remember the law of supply and demand. Don't panic my friend, hold your investment for long-term, let them sell their assets. when demand volume is thinning, the supply volume will increase

Is not a reasonable condition in crypto if there is an increase and decrease? the current condition is still my value as a fairness. If the price is still low, hodl just first. While waiting for the price of the coin to rise, you can do other things. For example join bounty campaign or work in the real world.

We don't need to panic. Yes, all market is red now, but this is only 10% dump. In cryptocurrency we don't even notice this changes.

maybe is a related by news that korea make a tax for crypto, then most people make their dump before they get caught by tax.

It's because of the UPbit fraud issue

There's some action in South Korea.
Cryptocurrency Market Sees $50 Billion Loss, Bitcoin Price and Tokens Down Significantly (https://www.ccn.com/cryptocurrency-market-sees-50-billion-loss-bitcoin-price-and-tokens-down-significantly/)

Thumbs up.

If someone there is worrying at today's colour, red the encouraging words of everyone here. Don't panic and learn from this moment on how you can see this as positive event.

some news not wearing start plagued bitcoin back. but don't be too thoughtless because certainly, the situation will get better in a little while back. Don't be too easy to sell coins when prices are like this.

I don't know why this is happening, I have not done any analysis in this decline. but this is probably only a small correction. yes, i hope this is a small correction. but the conclusions we can take from this decline. can wait and buy some altcoin or bitcoin with the price down.

The cryptocurrency market is very volatile so it is not surprising that prices go down for a short period. If we analyze the dynamics of prices over the long term, we can see that prices have increased and in the next couple of years, this growth will actively continue.

Using words like 'dump' is just FUD
The markets have been down for a few days, that's it, end of topic.
Theres no rhyme or reason for it. (Well, actually, there probably is but it's nothing worth concerning yourself with) We all know Crypto is a young and volatile market that swings both ways.
If your happy to accept a bullish market, then it's reasonable to also accept the bearish times too.

Even though it may appear you've lost some of your investment, the reality is you haven't because we all know it's going to reverse.

The ONLY people that should concern themselves with this small decline is the people who intended to cash out today. If not, just forget about it and view this as a great opportunity to hodl some more at a nice discount.

All of my investments are long term (minimum 5 yeas) so I love it when I see a few days like this as I can get more of my next Altcoin (EOS) at a much better rate.

Unfortunately, there is too much FUD going on these days. First the ETH SEC thing and then the bank of America FUD and on the end japanise exchange problems. There is just too much pressure on crypto worldwide right now.

The market needs a few positive developments. And unfortunately the bitcoins that are sold in the stock market fraud that we have been through the day will continue to hurt the market. It should not wait too long for this bad effect to take place in a short time. Unfortunately, these events are not forgotten in a day. It is good to hear that a lot of big investors think that they have bought Bitcoin in a considerable amount of these prices. I'm sure some of the altcoins have made some budget.

Some people do make me laugh.
Oh no, why's it doing this?
The price has dumped!
Whats going on?
Ahhhh Ahhhh

I dread to think how some people reacted at the bigger decline earlier in the year.

Just look at it as a BUYERS MARKET. It's GOOD news. Hopefully this latest small decline might motivate some of the major global financiers who are watching from the shadows to jump in. If that happens, you won't be complaining for long.

There was a FUD regarding an exchange and it affects everything from crypto world price and other exchanges but  there is nothing to worry now because everything was settled by that exchange already. Price will go back up soon sooner or later.

Don't worry too much about your friends. In the past few days, some news from South Korea affected the Bitcoin market, which has caused market panic. There is also news that a large amount of Bitcoin has been sold, causing prices to fall due to excessive pressure, but all of these will soon pass. The market will once again thrive.

They began to sell more than buy, so the price of alternative currencies began to decline, this is a normal event.

I've heard that it's due to a company that sold  huge amount of BTC. This increased the supply of BTc affecting its Price.Since BTC is a major platform to which most of the altcoins are derived, a dump in it will definitely affect most of the coins.

Honestly, I don't know why the market is red again, but at least not that drastic drop.
I think everything is fine for now  :)

I am also confused as to why the bitcoin price is down pretty good. Is there anything going on out there that affects bitcoin prices?
But what I understand from the past the bitcoin cycle is always down and up unpredictable.

Same old, same old. FUD's are again spreading to people that are scared and selling their holdings. But sometimes the market needs a healthy pullback.

Market always goes red and green, but the most reason's possible it goes red due to some of panic selling. Fuds and well we cannot say the exact reasons but let us come up with positive that market will goes into green marks.

They are shaking the tree. Those from Wall Street likes to buy bitcoin and they are making FUD to buy cheaper. Nasdaq already announced that they are now ready to join the market and this is a big jump once their platform is readly available.

Mostly it is because of the same reason that is always the case- speculations and new information about crypto world in general, mostly speculations though and as we all know if the Bitcoin drops every other altcoin will follow, which again proves that there is no independent altcoin.

Whales decided to play in shorts. In April there was a long period of accumulation. Hence the magnitude of the fall will be significant.
P.S. This is only an assumption

but now this droping looks like a longterm(
in my vision this droping will to be going to the end of this year or will to be going to the summer of 2019 or around this

Big crash happens all the time, the thing is, we just need to be patient and don't be too greedy and rush to sell our altcoins, everything will be alright, the price of them is gonna rise and reach the peak again.

Probably connected with some huge speculations on the media field. For some reason I felt like this would happen so I am not panicking and continue holding my coins, whereas most of the others are selling them right now.

Perhaps now someone is bought in the market! In General, there is still a correction in the market and therefore we see that all the coins have become red!

because there is a huge dumping happening in the market. Also SK's largest cyrptocurrency exchange was hunted down by their police / government. but i think it will not be long enough and it will go back to normal.

The crypto bazaar is long timed red. I can say that I'm starting to get bored now. The market will return to its old green days if there is money entry at the nearest time.

Multiple reasons/rumors for this. First one is removal of some thousands of bitcoins from south korean exchange which put pressure on selling. The second is adoption by wall street. But i think its just a correction which was expected by many top traders.

Because it's definitely related to bitcoin. If bitcoin starts to fall in price then everything else will fall. It's obvious that the market is doing it, it works that way. If bitcoin starts to go up, then everything else will also go up.

Again the price is going up right now little by little day by day this is like the last months when it nearly reached $10k the price go down so quickly and never recover since then but today we seeing a new hope for crypto currencies as the market continue to stable.

It annoys me when people say the words "correction time has come," no correction takes place and will not happen. Just interest in trading on crypto-exchanges has now fallen. A year ago, price changes on coins of 5-15% in one direction during one hour was considered the norm, it was easy to earn 20% a day on these waves, there was excitement and interest, trades were 2-3 times more than today. Therefore, bitcoin also falls. There will be an agiotage, at least informational, will be the growth of all coins.

yes, I see it as long as I know crypto is like that, when the market when it happens red one day it will be green again, and that is natural for me, because the market will always move and at every moment there are sales and purchases, many are selling and sometimes there are also many buyers, so it's just the needs of traders who every day want to benefit.

What is happening right now is, according to my analysis, the impact of the global economic crisis affecting every aspect of the world economy, not just crypto markets and altcoin prices, but all aspects and prices of economic needs are affected, but I am sure it will improve is good again, as world oil prices are starting to improve and from some sides the economy starts to improve even if not quickly, but all is not instantaneous, all we have to do is not panic and sell altcoin at a cheap price because it will make all the more falling down. patient and sure that is the key.

Because a lot of people have poured out a lot of coins, in this case, the correction will not help!

Since this year we are been faced with bear market, it is not a new thing, so market is going through correct and it is a time a time to complain, it is a time to invest more if you have the money. so that when bull run comes, you will make profit.

That isn't astounding, in light of the fact that, after a time of consistent conversion scale expands, it is the ideal opportunity for financial specialists to offer cryptos to make their benefits. Additionally, the abatement of cryptos rate is an ordinary, only a brief one since I figure it will rise again and recuperate rapidly one week from now. So you ought not think excessively about the conversion scale and should hold to the extent that this would be possible.

The market is always volatile, and it is normal for all to turn red or green. I think that could be a coincidence, and some people fear they will sell the losses they are investing.

actually, we know that the crypto prices cannot be predicted and the prices are also unstable. with this unstable crypto price, of course, we also have to be calm in responding to it. besides that, we also have to be smart in managing crypto that we have well. we must be able to choose the right time to sell or buy crypto.

The market needs a couple of positive improvements. Furthermore, tragically the bitcoins that are sold in the share trading system extortion that we have experienced the day will keep on hurting the market. It ought not sit tight too ache for this terrible impact to occur in a brief timeframe. Shockingly, these occasions are not overlooked in multi day. It regards hear that a great deal of enormous financial specialists surmise that they have purchased Bitcoin in a lot of these costs. I'm certain a portion of the altcoins have made some financial plan.

Still, the market is finding a way to go up. But it has failed to do so. The market still is at very low prices for all the coins. At the end of the year it may go up I think

The most important thought to reflect on is the price of Bitcoin, today Bitcoin has dropped so that the same talent is shown by other Altcoins. Don't panic to see conditions like this, keep calm and think for the future, because maybe tomorrow Bitcoin will rise again and the remaining coins show the same attitude. Always optimistic and don't need to panic, the market hasn't fully recovered.

Because the whole market is on a downward trend, any drop in tokens is normal.
What you need to worry about, however, is the current perception that ALT is useless, which is why a lot of money is flowing into bitcoin.

This is just a small jump in the currency. Have patience and cryptocurrency will rise in price.

The market is currently experiencing a downtrend hence the bloodbath all over the place. This is something that is bound to happen once in a while, and needed for the market  to move forward. While many of us might want to panic and worry about when all of this is going to end, I would rather like to urge those who are interested to take this as an opportunity and invest more in the trade.

The cipher market is red, there are a lot of reasons and the reason for all the falling coin so no one can guess exactly why the market still live strong patience hold and wait. Waiting for the school to increase again

That isn't astonishing, on the grounds that, after a time of steady conversion scale builds, it is the ideal opportunity for financial specialists to offer cryptos to make their benefits. Additionally, the decline of cryptos rate is a typical, only an impermanent one since I figure it will rise again and recoup rapidly one week from now. So you ought not think excessively about the swapping scale and should hold as far as might be feasible.

The market needs a couple of positive improvements. Also, tragically the bitcoins that are sold in the share trading system extortion that we have experienced the day will keep on hurting the market. It ought not sit tight too ache for this terrible impact to occur in a brief span. Tragically, these occasions are not overlooked in multi day. It regards hear that a great deal of enormous financial specialists imagine that they have purchased Bitcoin in a lot of these costs. I'm certain a portion of the altcoins have made some financial plan.

Apparently, there are many negative news about cryptocurrency at the moment. I believe that is the best explain.

The market is in dilemma from last many days as no positive news comes from an end which boosts the market mood and changes its trend from negative to positive. It comes green in a day and then comes in red next day and it is going on from last 2 months but market not able to stabilize at any point from where it will change its final trend to positive.

That would be because the price of bitcoin is red. They all follow the price of bitcoin so when you see that the price of bitcoin is going into the red then just expect that all of the crypto market will soon be red too. Mostly all of this is happening because so many people are selling their coins and taking out the money from the market.

Even now Bitcoin drops to the price of $ 5,800, that's the value of All Time Down in 2018.

But then it rises again to $ 8,500 and goes down to $ 6,000, I think this is the true nature of Bitcoin, so just enjoy the value.

The cryptocurrency market is subject to fluctuations because of so many market forces acting on it. For any reason the market is red, just know that negative forces have impacted upon the market thereby causing the bears to take advantage.

Most likely the whales are again making their manipulations with the market as a result of which we see such an effect!

Now (27.08.2018) there is a correction of the cryptocurrency market. I Think that by the end of 2018, the market will return to normal.

the usual cycle occurs. many are too frantic in this so much going that causes the volume of the market is down. This is causing a decline in just plain being eventually declined enough in the case. simply hold it and survive it will make the State of the market remain stable.

The market has volatile nature and up & down price of coins or tokens is its normal thing. But at current time the whole market is on a downward trend and Bitcoin is down to $6500 and all other currencies price are also very down.
I think this is due to crypto currencies regulations, bans and negative news.
But don't worry, when good news will came it will rise and everyone will in good profit. So till then keep calm and have patience.

The crypto market didn't just go red today. It has been like this for quite sometime now. About nine months to be precised, and a lot of assumptions has been made as to why the market is experiencing this bearish trends, and more predictions has been made as to when it will all end, but it doesn't seem like  any of these are true though.

This market is normal, where there is an increase so there is definitely a decline.
If you understand about this then you can also take profits in situations like this.

PS
All Time Down Bitcoin this year: 5800 USD.
All Time Down Ethereum this year: 170 USD.