What's causing this bloodbath?

[lakimens]

Yes, it's not a bloodbath, just a baby massacre. Everything is falling, this is not your normal "fluctuation".

[indrakusumaindra]

The ICO regulation is on a killing streak? Seems overpowered
I am not panicking, yes Crypto is volatile, but when you see everything fall at the same time, there is a reason.

This has happened several times. Altcoin prices are always affected by bitcoin price. soon Bitcoin and all altcoins start to increase in price. Just wait and do not panic.

ya altcoin price will comeback soon. as long as bitcoin price steady we dont have to be panic

[IamAltcoinfan]

It's not the bloodbath as you said it's small fluctuation and also small effect because of Chinese market Ico regulation . It's common there will be high jump in next few days.

[hous26]

Things have been downright crazy lately.  We were due for a correction and we had a little scare.  This was nothing and we will see a lot worse in the next couple months.  Its healthy.

[Cipherr]

meh 4900 to 4500 is nothing really, a proper crypto drop would be from 5000 to 2000 in two months or so, then a slow steady rise/stagnation for some time, then a rapid and explosive gain to new heights, and...repeat.  nothing to worry about.  Now if a major exchange were to go all out GOXX then Id start to worry.

Now that... I would like the see that just for the spectacle of it. I wasn't around for the last few times BTC dropped off a cliff like that. I can't even IMAGINE the panic.

[daenarys_stormborn]

it is common in cryptocurrencies, let alone large-scale fluctuations, has become commonplace. the key to success in this case is not to be reckless and dare to be patient and wait for the coin to rise again

[Nathland]

I think the bloodbath is because of a fall in price of Bitcoin. The volatile nature of Bitcoin is what is causing the price of all altcoins to fluctuate so much and as long as price of Bitcoin is not stable, you can still expect another bloodbath .

[3months18w]

Last time it was Bitcoin cash, before that BitCoin was on a massacre.. What is it this time?

What I heard is ICOs supervision.

[sjbi]

This is how economy has been working/works.
Crypto market is too now a part of world economy.
And smaller and larger moves by the miners, holders, traders and authorities will have effect on the individual as well as the market as whole.

[Absentis]

Fluctuations in cryptocurrencies prices are completely normal. Nothing special is happening.

Agree, Lets just see and wait the outcome of the year end of 2017 specially that the bitcoin value is now at $4,600 and keep rising. If the value decreases in a big gap amount then it is a possible a blood bath for them is true. But for now as what i have observed too everything is normal maybe there is a minor and isolated incidents but these cannot be called huge as blood bath term.

[FarmerOak]

Randomness mostly. We can't go up forever, try to ignore the noise it's healthier.