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Author Topic: Wow everything is down today!!  (Read 5186 times)
Morphling
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September 20, 2017, 12:06:26 PM
 #121

What's the deal this time?  First China ICO ban and now what?  It's been a shitty few months for crypto!!  Is there any clear skies in sight or everything is just crashing and burning into the ground!!?
Everyone is experiencing panic at this time, though if we look at the worship a week after there is news from China that prohibits ICO. but I suggest that you stay calm and make sure everything is back to normal.
Who panics? No one is panicking right now.
The price has returned to normal and you have commented on a topic that has expired.
Maybe you're not panicking, because you knew what really is the concept of Bitcoin and even if China banned the cryptos and affects the values, it will eventually return to where it should be. I'm not saying that I belong to those people who're panicking, what I'm just saying is that you can't blame them its human nature, well especially those who're still new to this community.

Although Chinese people are good business mans and good investors aswell, we can't blame them if they've suddenly banned it. Somehow they have some sort of reason why, since all the cryptos are decentralized currencies, if you know what I mean.
its no matter of Chinese people, but the China government, due to some unkown reasons, maybe the consideration of financial security and social stability, maybe the concern of decentralized tech, or etc. most people think the government are doing somethings against the trend of times

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danmoris
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September 20, 2017, 12:49:01 PM
 #122

A. Bitcoin's price does seem to affect all alt coin pricing one way or another.
B. There is no need to panic. There never is. Panicking will only make things worse under all circumstances.
C. Prices will re-bound. This is natural.
Personally, I believe that cryptocurrency is still at its infancy. There is a long way to go still. It just needs some regulation, including ICOs.
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September 20, 2017, 01:05:59 PM
 #123


Looks like panic (and greed) goes in waves.

It will probably go back up after the emotion subsides.

Aztek
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September 20, 2017, 01:41:29 PM
 #124

This is just regular baloon popping situation. Nothing bad will happen. Market will recover in couple of months sadly. It won't be that quick. But as I said no altcoins or bitcoins are dead. Ethereum is still alive too.
It is true that it is quite normal for crypto-currency to experience changes apart through the development it could have in the future. For me, it is better to have a drop of price in terms of bitcoin or any other form of crypto-currency because it is actually a vital part on the development it could have in the future in terms of transactions, investments or even in the form of trading.
shalnark
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September 20, 2017, 01:49:28 PM
 #125

This is just regular baloon popping situation. Nothing bad will happen. Market will recover in couple of months sadly. It won't be that quick. But as I said no altcoins or bitcoins are dead. Ethereum is still alive too.
It is true that it is quite normal for crypto-currency to experience changes apart through the development it could have in the future. For me, it is better to have a drop of price in terms of bitcoin or any other form of crypto-currency because it is actually a vital part on the development it could have in the future in terms of transactions, investments or even in the form of trading.
We don't need to panic even though bitcoin and altcoins are start to fall down, I know that developers were settled it.
Moreover it's a good opportunity to all traders because value of all crypto currency is declined their price.
adsdas
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September 20, 2017, 02:01:11 PM
 #126

USA and Japan took large amounts of Chinese Cryptocurrencies. Nobody is ever talking about Japan, even though they are huge, maybe even more than China.

Nobody needs Chinese idiots trying to manipulate and constantly FUD the market anyway. I think the cryptospace is better off without them. And they will most likely regret regulating too much at a later stage. I suspect many Chinese people will FOMO back in again after a while when they see that the world keeps spinning even without their involvement.
count Korea trader. Cheesy Thank for North Korea. They making China trader become invisible.

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Nawaytes
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September 20, 2017, 02:19:18 PM
 #127

Chill out dude, just take a breath and waiting for the good news comes up. Did you know about panic attack ? Now it's happening. And i think this is the right time to buy some coin and hold them for the best price.
Harrisonimo
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September 20, 2017, 02:19:52 PM
 #128

Yes! Down and making welcome the openings for the real investors and visionaries! Like itz only down to make room for those who haven't keyed in into trading and investing in most of the alts. As there are down times, there will also come the season for the up times. And hope you will be smiling to the banks when this happens.
smsupto
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September 20, 2017, 02:50:39 PM
 #129

This bad news is one of a good news for buying coin and hold. It make you happy when it rising. So don't take panic and see next.

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revo1044
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September 20, 2017, 02:57:01 PM
 #130

yes this is Currency Market when you see bitcoin price are falling you see coinmarketcap with red color the bitcoin is the Controller in the market .
Ramadhani
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September 20, 2017, 02:59:34 PM
 #131

Turun semua ya coin gan , jngn takut ini hanya bersifat sementara , yang akan datang pasti naik di jamin deh
marcbitcoins
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September 20, 2017, 03:08:13 PM
 #132

What's the deal this time?  First China ICO ban and now what?  It's been a shitty few months for crypto!!  Is there any clear skies in sight or everything is just crashing and burning into the ground!!?

It is the opposite now all coins value are going up steadily so buying is now on demand and hoarding prevails. I just feeling sad of those panic people who sell out their bitcoins easily now they will purchase it again at the current value. Anyway its still not too late to reconsider buying it again because soon it will become $5000 at the end of the year so be on board before its too late.
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September 20, 2017, 04:53:58 PM
 #133

What's the deal this time?  First China ICO ban and now what?  It's been a shitty few months for crypto!!  Is there any clear skies in sight or everything is just crashing and burning into the ground!!?
yes i agree with you, i just loss many hundred of $$ because many altcoin going DOWN.

NoiseBoy
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September 20, 2017, 04:59:38 PM
 #134

Everyone should bookmark this post, then consult with it when there's a market "crash" and they're starting to feel panicked.

Answering your question retroactively--a huge pile of FUD came out and it was able to keep the broad market down for approximately one whole week. That's it. One week. With FUD from some of the biggest players and heaviest hitters in the world.

It actually reminds me of when Fed Chariman Alan Greenspan came out in 1998 and described the dot-com bubble as embodying "irrational exuberance" in an attempt to cool off equities markets. The market went down in response. For like a day. Then it bounced right back up.
bhabygrim
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September 20, 2017, 05:07:08 PM
 #135

What's the deal this time?  First China ICO ban and now what?  It's been a shitty few months for crypto!!  Is there any clear skies in sight or everything is just crashing and burning into the ground!!?

You should be patient and wait for some good outcome on what China did. I think that China made a bad mistake of banning ICOs in their country. People shouldn't worry a lot because majority of bitcoin or crpytocurrency users are not from China, the biggest is on Japan and everywhere else on the world. So, don't panic with just China banning ICOs on their country, it's their loss, not ours.

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Mr
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September 20, 2017, 06:16:43 PM
 #136

Look like there is a new panic selling around. I do not care much about it. I am still holding my bitcoin and also my altcoin. There are many reasons why people sell their coin but for me, there is no point selling these things because in the future, I will be rich thanks to them

None of the above
CryptoBagHolder (OP)
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September 21, 2017, 08:10:00 PM
 #137

Everything down again today!!  What gives this time!!?  It's been a real shitty last few months!! 
luckyguy09
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September 22, 2017, 05:55:44 PM
 #138

Okay lets get positive. When you see drops just buy more.
If you see this as a long term you will likely not worry when all coins drop and just buy more coins.
Always keep some money in USDT and when you see the drops coming, just buy.
yunuzov
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September 22, 2017, 06:38:54 PM
 #139

Great time to invest in some alt coins. Don't miss this opportunity if you are looking for a short term profit. It seems we will keep seing this kind of ups and downs for a little more. Just becareful and don't sell your coins when they start to fall. Panic is the first thing you stay away from.

sammy.one
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September 22, 2017, 06:42:04 PM
 #140

My top 3 reasons are;
1. End of year/quarter profit taking
2. China FUD, which will turn around, seen it before
3. Lull before markets resume with fresh capital in Oct. Also a time when marketing campaigns generally kick off.

I wrote up a brief article on steem. Check it out! https://steemit.com/bitcoin/@sammyone/3-reasons-bitcoin-is-going-back-up-sept-21-2017
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