Almost All Cryptocurrency have fallen

[reymarkperry]

I think it's because China block ICO. So people panic sell ETH and it's make Bitcoin price fall down too. then Alt coin following bitcoin

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[lenovo16]

it all happens because china prohibits ICO, all the price so decreases because china has high strength in the crypto part. it usually happens on a few bourses and will come back some time later

Hoping that ICO's of china has comeback immediately, because if it is continue for long time the price of each crypto currencies will largely fall down. Our dream $6000 was not happen.

[Marian21]

is only 11 am in china ,wait for anyone to hear about this ..... more peoples , lot  panic ,such disaster ,lol .

[sonic22]

is only 11 am in china ,wait for anyone to hear about this ..... more peoples , lot  panic ,such disaster ,lol .

I don't think it's a disaster for them. Nothing really happend apart from new ICO ban, affected coing should recover quickly.

[bbcolex]

It's normal since china one of the big players in crypto currencies recently have cracked down, banning ICOs and we really don't know what will happen next. In the lighter side of the bloodbath , cheap coins are in reach. Grab some and hold.

[fr4nkthetank]

Good, I say let people dump to 1 satoshi.  So we can buy some cheap coins and make easy bitcoins.  China bans bitcoin is a meme now, because It has happened so often.  And ICOs were scams to begin with.  We had premine, people didnt like so much, but it was okay for some projects.  Then we had no premine, but instamine, people didnt like at all.  Then they re-vived dead coins after accumulating, but that was a lot of work for the scammers.  Then they did ICOs, which is basically a big premine, only they get paid in bitcoin or ether.  scammers laughing all the way to the bank.

[ivrynx]

I think there are a lot of factors here, since bitcoin cannot be regulated,what the powerful nations did. is to hoard bitcoin for their own, russia and china have powerful miners, both governments are keeping bitcoins for themselves and not giving it out to their residences and banning ICOs, I think this a plan for both superpower to overthrow their western counterparts. I think both of them are studying different arts of war, we still need to check on geopolitics here, we need to remember that bitcoin is decentralized, everyone could have bitcoin if they wanted to, and the governments know their fiat system might collapse, so you need to hoard, if cryptocurrencies have fallen no one would even dare to buy it back, but if you see that cryptocurrency will soon replace fiat, you take hold of it, giveing you power over cryptocurrency, and that's what is happening today, the price might go down around 4000 usd to 4500 usd in the coming days, but bitcoin is bitcoin, and no country can regulate bitcoin, since everyone had the right to access it, but it will be regulated once it is depleted, that' why superpower countries are investing a lot on bitcoins right now. I think we should still be very cautious on whatever will happen, there is still the threat of nokor and japan, both countries might g to war, and it can mean bad business for the rest of us.

[Twinkledoe]

The decline in price for almost all cryptocurrency is just a normal trend. They will go back up again. But a lot will panic and sell their altcoins so this is a good time to buy.  

[Schuyler]

If the price goes below $4,000, many would surely grab the opportunity to buy at lower prices, knowing that at some point, the price is going to recover again. This is just a temporary pullback that shouldn’t concern those who are in it for the long term. The news about the banning of ICOs in China might have played a part in this drop in price but the overall sentiment for bitcoin is still positive.

[Aschcraw]

people need to stop invest in shit ico and invest only in Bitcoin and Eth

[monineklutak]

What I am thinking now is what the solution is after this ban occurs, usually japan always answer negative news from china and apply the opposite in their own country.

I wish there were two possible things to do:
- the Chinese government made corrections and made strict rules about ICO.
- the emergence of good news to cover the current level of panic.

there is no doubt that China is a sizable investor for every existing ICO, should the Chinese government realize this potential and package it in a positive regulation.

[13abyknight]

Haven't seen anything which made the value of BTC go down by almost $1000 after the recent all time high of $5000 that it reached. The Chinese, Korean and private Russian investors are almost completely forbidden from contributing to ICOs and this move is resulting in absolute chaos in the crypto marketplace.
IMO, this would only be affecting altcoins which are undergoing ICO stage and the big players like Bitcoin and Ethereum will be back on track in a few days.

[mevmike]

This could indeed be attributed to the China's ICO ban.
But if you would ask me if am I worried about it?
My answer would be NO...
For me it is only normal for the prices to go low, since Chinese citizens who owns coins would tend to sell all of their holdings.
Which then led to the price going low: Law of Demand and Supply.
I know this may already seem to be a problem.
But soon the market would again be stable since the dumped coins would then circulate to a greater number of people.

[The One]

The sudden rise of all coins this year is a bubble, almost all coins are scams, especially ICOs. When in a state of bubble, small bad news tend to push prices down due to idiot speculators panicking. The idiots will depart and the wise will remain.

[Falgorn]

For several days now, most of the Crypto currency have fallen sharply in price, and for no apparent reason. Apparently, after a long period of growth, the exchange rate adjustment is normal and after a while the increase in their rate will resume. To such jumps, the crypto currency in the price should be treated calmly, given the large volatility of the crypto currency by its nature.

[wellsontheja]

Yes almost all cryptocurrency is going down this day maybe it's effect from china banned ICO, but it's great moment too, to hold some altcoin at low prices if you want.
I just hope it's not the end of cryptocurrency

[Sithara007]

Yes almost all cryptocurrency is going down this day maybe it's effect from china banned ICO, but it's great moment too, to hold some altcoin at low prices if you want.
I just hope it's not the end of cryptocurrency

If you remember properly, the big slide in 2013 December was caused by rumors from China about a possible Bitcoin ban. The prices slid from $1,230 per coin in 2013 to almost $200 per coin in 2016. I just hope that this time it is not going to repeat. Are we prepared for an 80% decline in the exchange rates? I really doubt that we are.

[MissHope]

Yes almost all cryptocurrency is going down this day maybe it's effect from china banned ICO, but it's great moment too, to hold some altcoin at low prices if you want.
I just hope it's not the end of cryptocurrency

I don't think that it will be the end of cryptocurrency. In this market the price goes up and down every day. Rumours, news,panic. We just need to wait some time

[josephinerosdy]

yea i heard China banned ICO's these few days.
that's normal if All Cryptocurrency price have fallen.
this the right time to buy and keep coin and not to sale.

[nrvasquez]

I saw today that the price dropped to almost all the cryptocurrency available on the market. does anyone know something about this topic? what to expect next days ?

I think it's because of the regulations issued by the Chinese government. they decided to stop and ban any existing ICO activities. china plays an important role in the world of cryptocurrency, so if china to issue such a regulation, would have a huge impact.