Price up again?

[Abimayu]

I think altcoin prices will rise up again after a fake news from china

I agree with you, I think this is just an issue to get bitcoin owners to panic and sell it cheaply, and brokers will get a double benefit by buying bitcoins at a cheap price.

[christyh]

I think altcoin prices will rise up again after a fake news from china

Yes high possibly. Based on price movement it seem BTC just go down from news about China and there's no others reason to dump it. So I think Altcoins are still recover soon

[Cacingkemi]

I think altcoin prices will rise up again after a fake news from china

Altcoin prices will surely rise sometime, better buy now and continue to buy so that later gain a lot of profit. News from china makes people panic including me and friends, as traders should be careful in responding to a news.

[nhote]

any clue while BTC and all alts are suddenly taking such a blow?

[nadrojcote]

any clue while BTC and all alts are suddenly taking such a blow?

My guess is some Chinese news. All I can find is that one exchange has announced they're shutting down.

[nashap]

The problem is that governments will always try to repress freedom in any way,they do not believe in power to the people but i think this time they will have some difficulties in doing that.The blockchain  technology is very dangerous to the establishment but i think blockchain will prevail.Nevertheless look what they have done to energy supplies,in this time and age we are still digging for oil and coal.

[shafi alam]

Market will be stable, whatever China ban cryptocurrency.   . Now people know what did china. Except those Fake News This Market situation will be fixed soon. i think.

[nhote]

any clue while BTC and all alts are suddenly taking such a blow?

My guess is some Chinese news. All I can find is that one exchange has announced they're shutting down.

sounds like a joke but you might actually be right
https://bitcointalk.org/index.php?topic=2171651.0
http://www.trustnodes.com/2017/09/12/rumors-swirl-china-issue-digital-currency-ban-bitcoin-exchanges

oh well, screw it... looks like it's rebouncing already in spite of all the crap

[Taki]

Speculators need some weapon to pressure us and to push us to sell our founds. So, news from China are playing the biggest role here. People are talking and people got really scared, meanwhile Cinese exchangers keep working. Prices fell deep already, but I believe when the information about Chinese exchangers is going to be proved or unproved the situation with prices will stabilize.

[Stedsm]

OP, you should be thankful you didn't see the real blood bath that could have taken place after this news as many coins were already being dumped down 5 to 10 times and few were recovering and I don't think that any of the either news whether it be ICO ban or Bitcoin exchange ban related affected the altcoin markets too much. They were looking in their own swingy moods and all were just doing great with maximum stability seen in most established coins.

[HODL to the moon]

It is really hard, I think BTC has to stabilise and then alts will rise, as long as BTC is this volatile, we have no chance of seeing a rise