What is happening again? The market is looking all red!

[LoudA__]

It is going up, but it is going to be a slowly proccess since we are recovering from a bearish trend, i really hope that the price is not going to go down again, because i want to cashout some altcoins and bitcoin price really affects me, but it does not matter, if it goes down, i will take the opportunity and i will buy more bitcoins because it is going to drop a lot

Been busy at work and this is what I will see in the market? This is really pissing me off, my balance may not be that of good amount but still I am expecting to have a good result from my investments. Luckily the prices are regaining their prices again so I think it is good now. I hope this going back price continues.

[DanielLNugent]

Other coin users may be caused by low demand of other coin. JP Morgan's Dimon claims that bitcoin is a fraud that may have contributed as well as falling prices. It's another bloodbath but I think this is another challenge the Bitcoin market can overcome in the coming weeks, so you should invest in bitcoin when the value drops so you can make profit. may be bitcoin now are facing a problem from the negative news can affect the bitcoin price now. But hopefully it will return to normal, just keep it and do not panic, everything is fine.

[steampunkz]

Dispite of whats happening right now, another problem appears, today south korea also banned ICO's same as china and singapore will also do this plan. Will just wait   what will happen this week. But bitcoin price and other altcoins price are still doing good as of today. But this  is just another obstacle for cryptocurrencies hope that people will not let go of btc and altcoins.

[zekeshawn]

Dispite of whats happening right now, another problem appears, today south korea also banned ICO's same as china and singapore will also do this plan. Will just wait   what will happen this week. But bitcoin price and other altcoins price are still doing good as of today. But this  is just another obstacle for cryptocurrencies hope that people will not let go of btc and altcoins.

I think the market is not really that affected to the Korean News not like what happened to China, lets hope in coming days people will not start panicking coz if they do we will see reds again.

[loreykyutt05]

Dispite of whats happening right now, another problem appears, today south korea also banned ICO's same as china and singapore will also do this plan. Will just wait   what will happen this week. But bitcoin price and other altcoins price are still doing good as of today. But this  is just another obstacle for cryptocurrencies hope that people will not let go of btc and altcoins.

Yes I believe so it's too sad that after china , south korea also banned ICO's  I guess It's because they wanted badly  to regulate the cryptocurrency  exchanges , well I agree with you that this was just another obstacle like bitcoin has been through throughout the years this soon will pass by and will all returned back to normal.

[LuffyD.Monkey]

Hello guys,

What is really happening the market all red?

Woke up this morning with my full confidence that market will continue to recover but it didn't!

Can someone explain to me what is really going on because the market is not recovering, instead going to the hell again, more deeper!

Thank you.  

Yes indeed the market is showing all red with few exceptions but I am sure that this is not going to sustain for long. It is just the after shock of the major downward trend that the market has shown for last few weeks. That's very normal for the real life stock market and this crypto market as well. It is just saving the energy and strengthening its ground to take the next leap. So chill and wait for the best time to enter.

The bitcoin price is currently standing at $3700 level so it looks really good time to enter. Start buying in small amounts and accumulate. I am doing the same at this moment.   

Pump and dump is the part of game so keep calm and this time will pass soon and  no need to worry hold your coins and wait for the right time bitcoin values are volatile and will pump high after dump so believe in bitcoin it will never let you down and will give you an epic life.

[sinduarianto]

I think the Bitcoin market has dropped in price by hundreds of dollars in just a few hours. I advise not to panic, we wait until the price is setabil. because currently bitcoin is in development and also demand many people in the market.

[Netnox]

I think the Bitcoin market has dropped in price by hundreds of dollars in just a few hours. I advise not to panic, we wait until the price is setabil. because currently bitcoin is in development and also demand many people in the market.

Please check this chart:

https://bitcoinwisdom.com/markets/coinbase/btcusd

The last dip occurred more than 48 hours back, and since then the exchange rates have risen by at least 5%. And even now the trend is upwards.

[ropyu1978]

news says the 30th china will close all exchanges. I'm not too sure about this. but still looks stable for the market and bitcoin value. I am waiting for what will happen, and what will china pass again.

[Voice-Of-Reason]

news says the 30th china will close all exchanges. I'm not too sure about this. but still looks stable for the market and bitcoin value. I am waiting for what will happen, and what will china pass again.

Old news friend

Market looks green to me ;P

[hich_ang]

Don't panic. It's just a regular thing in crypto market because of high volatility of altcoins.

[Pamadar]

news says the 30th china will close all exchanges. I'm not too sure about this. but still looks stable for the market and bitcoin value. I am waiting for what will happen, and what will china pass again.

Old news friend

Market looks green to me ;P

that's how whales works mate, they are doing the opposite with what we expect to happen and while this problem approaching and another issue has been raise with south korea's actions i guess we will feel this after several weeks when whales already got the attentions of newcomers and new investors which will do some fomo seeing that bitcoin or other crypto are rising, better to assess wisely not being trapped here.

[donGeilo]

The market of bitcoin is facing a lot of negative publicity due to ban in China and South Korea . The unfair practices used by some of the bitcoin users are also leading to its declining trust in bitcoin which is leading to its red market . But all this will get resolved in a couple of months . Earlier , bitcoin faced the same situation and came up with even a higher market value within a few months , so i am pretty sure that history will repeat itself and the market will be green again .

[SirLancelot]

I think the Bitcoin market has dropped in price by hundreds of dollars in just a few hours. I advise not to panic, we wait until the price is setabil. because currently bitcoin is in development and also demand many people in the market.

No need to worry about the price as it is down to will be boosted in no time and advise to the investors don’t be panic this will cause huge loss, I am sure its price will go up in no time and those who sell in this moment will regret in the pump day that why’d they sell so hold your coins there will be raise in price as now demand of bitcoin is increased as compared to before.

[virtualhero]

I think the Bitcoin market has dropped in price by hundreds of dollars in just a few hours. I advise not to panic, we wait until the price is setabil. because currently bitcoin is in development and also demand many people in the market.

No need to worry about the price as it is down to will be boosted in no time and advise to the investors don’t be panic this will cause huge loss, I am sure its price will go up in no time and those who sell in this moment will regret in the pump day that why’d they sell so hold your coins there will be raise in price as now demand of bitcoin is increased as compared to before.

It depends on the coin you are holding. If you hold only bitcoin then you don't have to worry but if you are holding altcoins, make sure that this coin has a good community support, good development team and a technology than can solve with unique and never been done before.

[Simss]

I think the Bitcoin market has dropped in price by hundreds of dollars in just a few hours. I advise not to panic, we wait until the price is setabil. because currently bitcoin is in development and also demand many people in the market.

No need to worry about the price as it is down to will be boosted in no time and advise to the investors don’t be panic this will cause huge loss, I am sure its price will go up in no time and those who sell in this moment will regret in the pump day that why’d they sell so hold your coins there will be raise in price as now demand of bitcoin is increased as compared to before.

It depends on the coin you are holding. If you hold only bitcoin then you don't have to worry but if you are holding altcoins, make sure that this coin has a good community support, good development team and a technology than can solve with unique and never been done before.

I agree with you,
Because if the public interest and support for altcoin is so high it will make the market again filled with green light and accompanied by many smiles.

[Sendibere]

Probably there's something to do in order to have panic selling again. We know that China said the exact day of October 1 Exchanger should be closed to them but it looks like the price of bitcoins from OCT 1 - 2. And now it's fallen again I'm sure the schemes are those People like to drop the price of bitcoins so they can buy cheap cost

[Flodemaga]

Altcoins are affected usually always from any direction bitcoin goes, if up altcoins usually down, and if down usually altcoins up, this year a lot altcoins had followed bitcoin and accumulated a lot health, soo its normal some of them to loose their value, at crypto market is always speculating and readjusting the value of each coin.

[ronafurw]

I think the Bitcoin market has dropped in price by hundreds of dollars in just a few hours. I advise not to panic, we wait until the price is setabil. because currently bitcoin is in development and also demand many people in the market.

No need to worry about the price as it is down to will be boosted in no time and advise to the investors don’t be panic this will cause huge loss, I am sure its price will go up in no time and those who sell in this moment will regret in the pump day that why’d they sell so hold your coins there will be raise in price as now demand of bitcoin is increased as compared to before.

It depends on the coin you are holding. If you hold only bitcoin then you don't have to worry but if you are holding altcoins, make sure that this coin has a good community support, good development team and a technology than can solve with unique and never been done before.

I agree with you,
Because if the public interest and support for altcoin is so high it will make the market again filled with green light and accompanied by many smiles.

No red out there everything is going in good way and not to worry about the price again, price is at 4600USD and still moving upward and at the end of this month price will go up to 7000 or more that will be the point marked by me to cash out my coins and earn a lot and more over don’t [put ears on rumors this gives huge blows of loss.

[dothebeats]

Altcoin markets are taking a beating and the money are pouring towards bitcoin since the recent uptrend could mean a new ATH and a new floor, which is profit for most people who traded their coins for btc. If btc's price is stagnant and taking a hit, the altcoin markets are flourishing. It's just that the moeny John AM Maybituin has sent you P7,200.00 through Coins.ph eGiveCash. Your eGC number is 1406-5206-0210-0032. Wait for the sender to provide the Passcode so you can cash out at any Security Bank ATM. No ATM card is needed. Press "ENTER" then "EGIVECASH CASH-OUT" and follow directions. Date 10/09/2017 20:14:55 being tossed here and there depending on which one is profitable.