Is everyone "Cashing out"

[NorrisK]

In 2013, everyone thought that bitcoin had reached $ 1200 and less than 800-1000 would not fall, but bitcoin fell to $ 250.
Many do not know what a real panic sale is.

Imagine waking up tomorrow with 2.5k bitcoins. everyone would be selling and screaming here and the smart people buying all their cash on BTC

That drop to 250 happened over the course of several months.

Stuff like that doesn't happen overnight apart from a flash crash here and there due to thin order books.

[IlfarIldarovich]

But now, the cryptocurrency market will cool before the holidays and we will go on a new rise , to conquer new heights

[Lifes]

Maybe natural drop or christmas cash out

[owengtam09]

Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??

Yeah, that is also my prediction, I think there are several of big investors cashing out these past few days, maybe because it's Christmas and we cannot blame them to cash out because they already earn profit with their big capitals. So for sure, yes! They are cashing out.

[enawati]

The price will be back to normal again. I think the price of all crypto down now because already overbought and not because everyone cashout cause Chritmas and iam sure all coin rebounce again in a few days

[babsjoe]

I think every savvy investors may be cashing out. It is unprofessional of creator of some prominent altcoin to have declared that they sold every single coin of their own created coin and some other coin they held. Basing such action on conflict of interest. If the owner of enterprise is cashing out, what do you think investors would do?

[percy_tc]

Sell now.... or you loose everything....

We have seen this million times before. Take a break go outside, forget charts for few days.

[adam1230]

This is the first scene of "Game of CryptoCash"
They first send too many transactions to bitcoin network then switched miners to bitcoin cash. now bitcoin network is almost dead. "Game Of Crypto"
P.S  : just a scenario from my imagination.

[shiningstar]

Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??

No I'm not, i just continue to hold through this market correction. I believe the price of my alts will recover and even though the price is down but I'm still in profit since the time i bought them. The market is in bearish condition so it's better to hold rather than sell at loss.

[heleng05]

I think I say yes because not all goods and some stuffs are we can buy online you can only use it in an online business or online payment. Here in my country are not really have a high technology gadgets but some little places that's why I always cashout to buy goods to eat.

[Eternu]

I suppose it is, because of few things. The new year and Christmas are coming, and people needs fiat currency for presents. Also price was really high, and some people thought it was good time for selling. But this drop in price is not something we should worry about.

[1satyros1]

Agree with all of you, but there is a lot of pumping and dumping in the smaller coins. 'Smart' money has entered in the market and this is how they make a living...Also, this market is a money launderer's wet dream! Especially for insiders/developers, are dropping very large amounts....
Also, what is it with the all the weed-coins? They are all up like 800%!

[powermagic]

I will see what happens and try to understand it.
to take a good step forward his for my self, better view and understand, megikuti or against the current

[batang_bitcoin]

Just noticed a sudden drop in all the top cryptos, is there a large cash out for fiat in progress??

Probably whales are cashing out and the middle to low volume holders did followed with the hype or has a feeling of FOMO. Majority of the listed coins on the coinmarketcap were all affected and there's no one that can avoid this thing. On these days the best thing to do is to wait for it's increase or while waiting for that pump again and greener pastures, take the ride of buying your desired coins because after this it will really pump.

[GodMode]

I suppose it is, because of few things. The new year and Christmas are coming, and people needs fiat currency for presents. Also price was really high, and some people thought it was good time for selling. But this drop in price is not something we should worry about.

Don't worry, be happy . Keep calm an and buy crypto

[Direwolve735]

Yes, in the last few days we see how in the market the crypto currency is heavily "stormy". All these metamorphoses on the market occur against the backdrop of the rapid growth of unconfirmed transactions in the Bitcoin network, the number of which at some points exceeded 140 thousand. This state of affairs may indicate a planned attack on the bitcoin network. People, seeing a sharp decline of Bitcoin, and predicting a further decline, begin to withdraw money from their wallets. It turns out "hermeneutic circle." The more people deduce money - the more the price of Bitcoin falls. And vice versa.

[subG]

My guess would be yes, a lot of people have cashed out to fiat which is why we are seeing over 200 billion gone from cyptocurrency.  I would also think that the money will flow back in once they see the market is green again.  Right now almost everything in the market is at a loss, so they are just protecting their investment by selling for fiat. 

[Muhammad Muneeb]

maybe beacuse of Christmas people are cashing out to celebrate but it was predicted by analysts that panic will happen and there is no need to panic we need to hold  our alts. it will over soon and then btc may hit 50k. who knows

[CryptoClown]

Yeah the Christmas cash-in

Agree. I didn't cash out but most probably a lot are doing it because it'll be Christmas in just a few days and they're going to need the money. But if I were them I'd sell some shares during ATH last week for more funds. I envy those who have buying power nowadays.

[chrismaher]

The game is playing as it was supposed to
The big bankers will be loving this you no  they made all this hype
And it will just be the same again only the next times it go’s up
Who no’s where it will stop?
It will drop 50% in the next day it all most all ready as