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Author Topic: EVERY SINGLE COIN is down!!  (Read 1940 times)
btcwish1 (OP)
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November 30, 2017, 02:17:21 PM
 #1

Every single coin is going down in the list. I have never seen like this where every single coins go down.  I have seen where most of them were down but at least 10 or 20 coins were up.

But this is the first time where every single coin is going down.  Did it ever happen before?

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Cicada1033
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November 30, 2017, 02:21:40 PM
 #2

You must be new to crypto  Grin corrections like this happen every time. At least about every 3-4 months. The overall market cap went from 200bln to 300+ bln so fast it was just a matter of time that big whales would take advantage of the situation by creating a panic sell among the new investors which don't know drops like these. Just hold your coins and in a week you will see new hights.

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stompix
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November 30, 2017, 02:28:43 PM
 #3

Every single coin is going down in the list. I have never seen like this where every single coins go down.  I have seen where most of them were down but at least 10 or 20 coins were up.

But this is the first time where every single coin is going down.  Did it ever happen before?

Yes , it happened a lot of times.

When BTC reaches a certain level after the enormous growth is over and we see corrections, the alts turn to bloody red.
And it is pretty normal, their whole existence is tied to bitcoin, that's why the name "altcoin".
When bitcoin sneezes, better not be invested in superdupacoin or alladinpocahontascoin. Some of them never recover after a crash as poeple turn to megadupacoin and pigletmousecoin.

Besides, that pictures of yours contains two altcoin even worse than he normal ones.
Two useless forks like bcash and bdiamond which I do hope we won't see in the top 10 next year.

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dansmith_99
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November 30, 2017, 02:30:30 PM
 #4

THIS IS AWESOME!! This is the time to accumulate coins unless you bought at the top and then either you need to bring more money into the game or just hodl. but DONT sell for a loss. DONT panic. HODL
osakaboy
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November 30, 2017, 02:31:06 PM
 #5

Tether is up, lol  Roll Eyes
btcwish1 (OP)
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November 30, 2017, 02:33:02 PM
 #6

Thanks for replies guys.  It really shocked me when I saw all top 100 coins are red. Usually so far I have seen 50/60 coins red but at least some unknown coins are up.  But this time I am seeing all top 100 coins are down!
VitKoyn
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November 30, 2017, 03:07:14 PM
Last edit: November 30, 2017, 03:18:41 PM by VitKoyn
 #7

Every single coin is going down in the list. I have never seen like this where every single coins go down.  I have seen where most of them were down but at least 10 or 20 coins were up.

But this is the first time where every single coin is going down.  Did it ever happen before?
It happened a lot of times in many different reason, I remembered it also happened when China announced that they will ban all cryptocurreny exchanges from their country few months ago. But this time the reason is that investors decided to get their profit after dramatic increase of most of the coins in the market specially Bitcoin. Because if people did not sell, some altcoins will increase and the Bitcoin price will drop. Anyway this is expected to happen after Bitcoin reaches $10k, but nothing to worry because it creates an opportunity to buy discounted price of Bitcoin, and it will recover for sure.
Tether is up, lol  Roll Eyes
Tether is not much affected because the price of this coin is based on the value of US dollar. 1USD = 1Tether
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November 30, 2017, 03:27:02 PM
 #8

The theory is also that people are taking profits at the top and selling Alt coins to fund the next buying phase when the price

take a dip. The dip usually trigger some bots to protect their traders investment, so it takes some time for things to correct

after this happens. When the human behind the bots take over, they buy in again on the dip. Buy low and sell high in motion.

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DronICO
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November 30, 2017, 03:30:31 PM
 #9

Every single coin is going down in the list. I have never seen like this where every single coins go down.  I have seen where most of them were down but at least 10 or 20 coins were up.

But this is the first time where every single coin is going down.  Did it ever happen before?
monacoin is up Smiley i would start to buying a small parts right here and add some more if dips more. quite easy to accumulate your good position.
redhondaxrm125
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November 30, 2017, 03:32:37 PM
 #10

Lol. Don't worry too much about these type of scenarios my friend, this is completely natural here in the crypto world.
one look back at the charts at least 2-3 yrs from now would really enlighten your mind. Because of all the recent price hikes happening to all of cryptos, corrections are really bound to happen. Prices will eventually get back to normal and rise even more. Then the cycle goes back again. So just relax and never stop collecting and holdong.
reck1ess
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November 30, 2017, 03:38:29 PM
 #11

It is indeed normal, cryptocurrencies have a time to get down, just be calm and hold your coins till it rise up again. It is just a panic sell. Bitcoin and other cryptocurrencies will be back to its peak after a few weeks.

Shamie1002
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November 30, 2017, 03:45:39 PM
 #12

Everyone is right. Try to keep calm as you can to avoid unwise decisions. Everyone anxious about dips like this are prone to panic selling.  Events like this happens after a fast increase in prices called corrections. Try to hold on to your coins and buy more. Soon it will recover and will continue to hike up.  It's not possible that bitcoin will reach another break.
Paulbounce
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November 30, 2017, 04:02:54 PM
 #13

As a newbie I have been panicking today. However I haven`t lost anything because I haven`t sold anything. Take a deep breath and don`t FOMO  Wink
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November 30, 2017, 04:26:09 PM
 #14

guys i'm stuck 12k$btc trying to do a money transfer what do you suggest me to do hold enough?
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November 30, 2017, 04:33:35 PM
 #15

Every single coin is going down in the list. I have never seen like this where every single coins go down.  I have seen where most of them were down but at least 10 or 20 coins were up.

But this is the first time where every single coin is going down.  Did it ever happen before?



That happens many times before. They are so called this as a correction of price in crypto currency. When this things happen in crypto world it will be the best time for investors to buy again some coins and for sure price will increase again in the coming next few weeks.

osakaboy
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November 30, 2017, 04:38:46 PM
 #16

My god, its a massive collapse!!!  Run for your lives!!!!

The price had fallen almost 20% at one point. 

But really, this just puts the pricing back to 3 days ago. 
Might still dip further, maybe even until after the weekend.  Great chance to buy in.

Welcome to bitcoin.
Bytem3
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November 30, 2017, 04:41:09 PM
 #17

It's everytime like this. And this time it's not that bad Cheesy And Power Ledger is still green Cheesy



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Coffee135
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November 30, 2017, 04:42:03 PM
 #18

This is not surprising. Bitcoin always was and will be the flagship on the market of cryptocurrencies. Its price affects all other altcoins. They can compete among themselves, but the bitcoin they are always landmark. So I am sure that anyone of altcoins will attack bitcoin. If bitcoin dies no one will survive.
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November 30, 2017, 04:48:46 PM
 #19

My god, its a massive collapse!!!  Run for your lives!!!!

The price had fallen almost 20% at one point. 

But really, this just puts the pricing back to 3 days ago. 
Might still dip further, maybe even until after the weekend.  Great chance to buy in.

Welcome to bitcoin.

Yes, a “Great Time To Buy In” , if your exchange allows you to buy in, as a lot of the exchanges, have their clients LOCKED OUT, during times of large dips, either they can’t keep up with the volume of buys, or for other nefarious reasoning$.  (imo)
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November 30, 2017, 04:49:37 PM
 #20

Every single coin is going down in the list. I have never seen like this where every single coins go down.  I have seen where most of them were down but at least 10 or 20 coins were up.

But this is the first time where every single coin is going down.  Did it ever happen before?



A few days ago, most of the coins near the top were all up. We’re seeing a selloff because people are locking in the gains they made in this massive increase in all those altcoins and bitcoin. It is just a temporary drop before they all buy back in. But I bet some of the newbies are going to get chased off by this drop.
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