What happen today with all Coins?

[upsidedown75]

Previously, there was unjustified growth today, a logical correction of all altcoins and we have some bad news.
So, yesterday it became known that the emitter of tokenized dollars Tether was the victim of the attack of hackers. Also recently, Dan Morhad, director general of investment company Pantera Capital, suggested that before the growth continues, the price of the first crypto currency will collapse by 50%. So will see more correction

The growth was really unjustified and obviously newbies were not buying into bitcoin for the right reasons except for the fact that they wanted to make quick profit which cause us to have a huge pull back like this. It is normal after a huge run and sometimes when some panics are created in the market, but it is nothing to worry about.

A time will come when the whales will see that as they keep dumping, people will keep buying until they lose out. That would be when the scaling issue must have been solved though.

[Laregrell]

BTC down on 12'500
ETC, Ripple, IOTA all down more than 30%.

Whats going on?
thanks

all market cup correction by the end of year holidays. bitcoin down 40% which is big but bitcoin can return to back fast.

all altcoins follow bitcoin when correction.

[lili song]

Some coins decrease and some others increase. I think is normal, because depend of the market.
No need to worry. End of the year coins before decrease it will up again. So we just wait until coins increase.

[hisuka]

BTC down on 12'500
ETC, Ripple, IOTA all down more than 30%.

Whats going on?
thanks

all market cup correction by the end of year holidays. bitcoin down 40% which is big but bitcoin can return to back fast.

all altcoins follow bitcoin when correction.

With regards to bitcoin correction is already on the moves. When you see the altcoins it is swing fast to high these days. Etc, ripple, and iota will sure go up and observe these coins you can take profit.

[Slark]

What is really interesting here is fact that we have only like 10 major coins which were pumped in the last 24 hours.
Every single other coin lost momentum - just take a look at https://coinmarketcap.com/ red numbers are all over that place.
It is exactly as some of you said - every altcoin followed bitcoin and we have a HUGE correction of the whole crypto-economy.
I expected something like this to happen sooner and hit us harder - so I am kinda happy that bitcoin is not back to sub 10k USD level.

[Sorliand]

BTC down on 12'500
ETC, Ripple, IOTA all down more than 30%.

Whats going on?
thanks

all coins strongly drooped before Christmas also you can find many sell when find red color.
USA exchange sites do better than any other sites 

[el kaka22]

I sold all my BTC thats what caused the crash. 

Lol. We should sue you on this forum for doing that, so what happened to coloring the moon on your signature … Guys, if you are looking for one of the whales that did this to you, here is one of them.

Jokes apart, this is normal and I see it as whales trying to shake the market a little bit since it is their profit booking points and also year end closing for trading and make all the weak hands to disappear while they take some good profit back in few days. To cut the long story short, stop giving your money to whales if you are panicking and selling at loss.

[fullhdpixel]

Some coins decrease and some others increase. I think is normal, because depend of the market.
No need to worry. End of the year coins before decrease it will up again. So we just wait until coins increase.

People are taking out their money from coins to spend on the Christmas and after that they will invest back and prices will click back and same is the story with the bitcoin its prices have fallen down from 19.5k to 13k and those who were newbies were worried that how this happen but the experienced ones take it normal and they kept their coin in their wallets and their time will come soon when they will be enjoying profit.

[carodupuis]

Yes it is not pleasent to check  our wallets today, be patient everything will go back,  at least I would like it to happen))) any way it is bad time  to sell 

Everything will definitely go back and be back to normal eventually but I would not expect some crazy movement to the top overnight. This would keep testing each previous top supports until we finally get to the initial ATH, but at least for now, we have some sanity in the market and we expect that those who are just trying to look for profit must have reduced by now and take their time to learn more about bitcoin when the price starts rising back.

You are quite right it is not the right time for selling your bitcoin, because the price is very low and selling is a foolish decision. Bette to hold them and the price will grow again and it is predicted that 2018 is the year of bitcoin. Its price will be more than 30000 dollars. Many people are thinking about that price which is beyond the imaginations. One can earn a huge profit if he shows some patience today.

[ihsanskanzaone]

I see what happens to a lot of coins starting to go down in price like BCH that cost high yesterday then down again and this almost everything happens to other coins but there are some coins that have a pretty good rise like this BTS is still a reasonable thing there are some coins up and down so you must be good at picking which coins you want to invest.

[lemonpc]

Absolutely nothing, rule No. 1 is "do not panic".
On top of it, it's Christmas, people ran out of money & need to sell whatever they have to buy presents

[senyorito123]

BTC down on 12'500
ETC, Ripple, IOTA all down more than 30%.

Whats going on?
thanks

Don't panic if bitcoin will goes down much better to hold your bitcoin and wait until bitcoin price will rise again so that you will get good benefits and to earn high profit,and also that is normal if bitcoin is dump be patience because crypto currency is volatile in this cryptowork you need to accept that bitcoin will dump because it is depend on the market demand,and that is the time you can buy cheaper bitcoin and you can keep it or make it a investment because bitcoin price increase every day.

[Osarman]

Nothing serious is going on and what we are seeing now is what anyone should have expected after a huge serious unwarranted buying of bitcoin while looking for a quick profit. Bitcoin is not a get rich quick scheme and that is what most people are forgetting, Let us see the bright future instead.

There is no reason to panic and do not worry next time it happens in the future, you will know it is a normal thing and usually when bitcoin is going down, all other coins are following it as well.

The price of bitcoin is volatile and nothing can say about the price will it fall or increase? But the right decision is to keep your bitcoin in your wallet for some more time because one should not be panic about the price. Up down is the nature of bitcoin and it is also the attraction for the new investors because when they think about the price in the next one year, they invest their money for high margins of profit.