What happened ?

[SmartW]

Why does the whole criptomarket fall?  go mass correction.

[SmartW]

Or after touching $ 5000 triggered a sell order?

[michkima]

Why does the whole criptomarket fall?  go mass correction.

Maybe you should move this to the enomics section or the speculation section. This isn't the proper place to ask this.

Regarding your question, it is indeed a market correction. But I think it's temporary. Sometimes there is a whale that cashes out a big chunk of btc and that brings down the price and then panic ensues. Now the whale has the chance to buy cheap coins.

[rebel92]

i see the drops as nice buying for opportunities, don't panic, cryptocurrency is a game and test of patience.

[Izarok]

i see the drops as nice buying for opportunities, don't panic, cryptocurrency is a game and test of patience.

Patience is the key in Crypto. Don't be alarmed with the varying prices of BTC it is only a common thing since it is a market that is open 24 hours a day 7 days a week. Check for hints on the price graph and read a lot.

[Duzter]

With bitcoin each and everything happens in unexpected time, here too the same has taken place. Now as a whole the entire digital currency has got a fall in price and this is not because of panic or some external forces. Just based on the supply to demand variation has caused a fall which has coincided each other with several digital currencies.

[Zocadas]

Its also not easy to trade the cryptocurrencies because many exchangers seem to have problems.

[AnoukiEXO11]

It's normal dude ) The market go up and down everyminute, everysecond ) Sell in high and buy in low is the way trader make profit ) Can you imagine how will trader do if the market only go up all the time?

[klarki]

Correction of this is normal, this is the whole essence of the market.

[iqlimasyadiqa]

Correction of this is normal, this is the whole essence of the market.

the site is back up and normal to date. access to the site as well as maintenance affects this, but I have not yet seen the official confirmation. this can indeed be one reference to see the quality of a website.

[GreatOrchid]

Well a lot of altcoins are so cheap right now so the best suggestion is buy now... Most of them dropped more than 20% in the last hours so you can make an easy profit if you buy right now.
I am investing into monaco and they dropped 10%. Ethereum dropped 20% too. and so on..
So this is the perfect opportunity for those who still wanna take advantage of the market instead of crying.

[mundang]

Why does the whole criptomarket fall?  go mass correction.

Dont worry everythings happens for reason, if youre in the market expect that everything can happen in a blink of an eye. But im sure bitcoin will regain the 5000$ the next week.

[SmartW]

Why does the whole criptomarket fall?   go mass correction.

Dont worry everythings happens for reason, if youre in the market expect that everything can happen in a blink of an eye. But im sure bitcoin will regain the 5000$ the next week.

$ 5000 will not be for next week 4000 $ is real

[btc_angela]

i see the drops as nice buying for opportunities, don't panic, cryptocurrency is a game and test of patience.

Exactly, this should be a perfect time to buy bitcoin. specially for those new investors who really want to get into the market. Also, the weak hand has been shaken, because they panic and sold of their coins. While the strong hands, remains never affected by the price decrease.

Why does the whole criptomarket fall?  go mass correction.

Just other's have said, this is normal just like in stock and specially in crypto. We can't have a bull run forever. Sometimes its better to see the price dip, so that new investors can buy bitcoins, this is the essence of a price correction in the ecosystem. But after a correction, bitcoin will rebound and might to even stronger as ever. Maybe $5000+ or more in the next coming months.

[mondobitcoin]

I want to register at novaexchange but is the second day which is under maintenaince for the new registrations
But dont panic, the price of bitcoin grow up and grow down, is normal, i think in the future it can only growing up

[HTracer]

Shouldn't be surprised market price move swing. After August bull run, some traders take profit, some investors rearrange portfolio. No sign of panic selling yet.

[SmartW]

wow bad day.

[Cacingkemi]

FUD , but this my opinion . the whole cryptomarket falls due to corporate competition, it's commonplace if you are a trader. when the entire market falls due to the worries that will hit the world of crypto, the market is wary of massive movements that will occur in the future, so from it all down.

[nydiacaskey01]

China started to ban ICOs or they made it illegal. The China government asked those who already received payments for ICOs to refund. However, its just surprising that almost all coins or tokens were affected, even those that are not based in China. Market is now slowly recovering so good time to buy coins at discounted price.

[Gotottack]

I think what is happening right now is temporary and likely it would just bounce back in a few weeks or even just days after. Right now, looking at bitcoins it is seeming to be coming back up and with that I think all other altcoins will come and follow. Actually even if you look at the previous historical charts of bitcoins, this usually happens. It hits a very high price then corrects and just bounces back or either it will just stabilize at a certain price.