MARKET IS CRASHING : WHAT'S YOUR THOUGHTS ?

[lumeire]

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.

[MP4]

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.

[InRex]

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

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.

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

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...

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.

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.

[HongKong]

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.

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.

[Leocrypto da Vinci]

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...

[Semosuchi Tesongrato]

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.

[BitcoinGuruOne]

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.

[alexeylom]

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

[Old Bindu]

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.

[rharris001]

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.

[jpaul]

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

[Candice]

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

[mrcastelo]

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.

[cryptolidus]

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

[vrabac68]

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

[timoshani]

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.

[oOVVVVVVVOo]

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

[Louis21]

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.