All altcoins dumping at the moment.

[AleSergio]

Price correction was done already, this drop is due to the news China has brought us. Mostly negative news that's why bitcoin and most of the altcoins are dumping recently but don't loose hope yet, it'll regain back and increase back its price.

It can still go both ways, we can see another dump to 2700$ or if the bulls will wake up and turn around this market in a week or two we will be back to 4500$+

[Golftech]

Price correction was done already, this drop is due to the news China has brought us. Mostly negative news that's why bitcoin and most of the altcoins are dumping recently but don't loose hope yet, it'll regain back and increase back its price.

don't assess too much mate this market still can be influenced by the big players alts coins are affected due to the fact of panic sellers, as we knew
that china's issue and JP morgan's owners really shaking the market, but we cant deny the fact that its not just china and US who played with crypto
so we can see another bounce back we just cant say when it will happen again.

[tbterryboy]

Price correction was done already, this drop is due to the news China has brought us. Mostly negative news that's why bitcoin and most of the altcoins are dumping recently but don't loose hope yet, it'll regain back and increase back its price.

don't assess too much mate this market still can be influenced by the big players alts coins are affected due to the fact of panic sellers, as we knew
that china's issue and JP morgan's owners really shaking the market, but we cant deny the fact that its not just china and US who played with crypto
so we can see another bounce back we just cant say when it will happen again.

I will support you in this regard that these crypto currencies are having potential of regaining their previous values. No need to get stressed and go for panic selling. China has caused a new tide of panic selling by banning ICOs and digital currencies in their country. But soon we are going to get out of this hard time.

[BTCmax24]

There are other reasons why there are downtrend on crypto price for example Mr. Dimon warned that governments will eventually crack down on cryptocurrencies and will attempt to control it by threatening anyone who buys or sells bitcoin with imprisonment, which would force digital currencies into becoming a black market. These are the latest comments from Dimon attacking bitcoin. Earlier this month he called the cryptocurrency a "fraud". His comments, along with several prominent hedge fund investors, came before a sharp sell-off in bitcoin. The price for one bitcoin fell from around $4,340 to as low as $2,981.05 in the days after his comments.

[Bidnant]

There are other reasons why there are downtrend on crypto price for example Mr. Dimon warned that governments will eventually crack down on cryptocurrencies and will attempt to control it by threatening anyone who buys or sells bitcoin with imprisonment, which would force digital currencies into becoming a black market. These are the latest comments from Dimon attacking bitcoin. Earlier this month he called the cryptocurrency a "fraud". His comments, along with several prominent hedge fund investors, came before a sharp sell-off in bitcoin. The price for one bitcoin fell from around $4,340 to as low as $2,981.05 in the days after his comments.

I think Jamie Dimon will be punished by manipulating the coin market.

[tanghere02]

For as long as bitcoin is going down, most of the alternate coins as well are going down with bitcoin. It has a huge impact most especially with altcoins but hopefully will soon recover after all of this negative news against bitcoin. First it was about China and now Jaime Dimon has a lot to say negative about bitcoin and it's going down again further more.

[bazar111]

It depends on the coin.

[XCANA]

Altcoins cannot remain at the same market value when Bitcoin which they depend on is currently falling. The proclamation of a ban on the activities of crypto currency by the Chines government has affected bitcoin value and that is why all other altcoins are declining in value at the moment.

[namini]

I'm not entirely sure the drop is related to china

[denny27]

Well all the cause is the latest news in China which that lately shocked to many peoples and weaken the prices of all Altcoins. This certainly has been known to many peoples, and the disappointment of them will be really so felt including me. We can only hoping that's everything affecting the prices of all altcoins become down is lost and the prices of all Altcoins will be increasing again.

[PranDoW]

Well all the cause is the latest news in China which that lately shocked to many peoples and weaken the prices of all Altcoins. This certainly has been known to many peoples, and the disappointment of them will be really so felt including me. We can only hoping that's everything affecting the prices of all altcoins become down is lost and the prices of all Altcoins will be increasing again.

Some unexpectable news, correction, pumps, dumps all these always interect with crypto market

[btcdiggingmaster]

Price correction was done already, this drop is due to the news China has brought us. Mostly negative news that's why bitcoin and most of the altcoins are dumping recently but don't loose hope yet, it'll regain back and increase back its price.

It can still go both ways, we can see another dump to 2700$ or if the bulls will wake up and turn around this market in a week or two we will be back to 4500$+

Nothing is predictable in the market because China is creating a lot of panic in the market, so once if they release any positive news about the market then the price of Bitcoin will start moving again.

[KluFf]

even bitcoin price drops.
all coins 20% + of their price drop.
and i think its because the news :3
i think its a huge opportunity  to buy them cheap when their all equally
drop price ..
and wait for them to rise again

[MiXxe]

I could not understand what is happening, from price correction to this mighty price dump.  Bitcoin bellow $3500, ethereum $235, litecoin now $48 and ripple fall below $0.19. I think Chinese government and traders are really dealing with altcoins and bitcoin hard now. 

Yes they are and with the news that are being known. I think its normal nowadays because many are waiting and buying bitcoins to prepare in the year of 2018 which bitcoins price can rise more than as expected because of adoption.

[Zacharyce]

I usually do not trade altcoin at high prices as it is easy for me to buy peaks and sell bottoms, but in recent times altcoin prices have continued to fall and fall in very fast time and this is the best chance to buy altcoin cheap.

[weredo911]

I think fud is end. price fall down because this is weekend so china trader so their coin to get money for party.

[Iwannacry]

This happen as normally if Bitcoin price go lower because majority coins trading based on Bitcoin

[noninum]

Condition of cryptocurrency value largely being weakened and it doesn't rule out this a negative effect from Chinese actions. But i'm sure it's only a moment, someday will strengthen again after things start to improve.

[Sponsoredby15]

I could not understand what is happening, from price correction to this mighty price dump.  Bitcoin bellow $3500, ethereum $235, litecoin now $48 and ripple fall below $0.19. I think Chinese government and traders are really dealing with altcoins and bitcoin hard now. 

this is because of the fud of jp morgan and not just by the correction. we all know that when bitcoin drops all cryotpcurrency are affected.

[friends1980]

I read JP Morgan bought 5 mio of BTC for its clients  the numbers really make you think about how relative this decentralisation is...