CryptoCurrency market is crashing

[GPU5970]

The price of almost all the other altcoins has increased a lot during the last few days, why you all are complaining right now?
Most of those who were already listed did more than x2 in just a few days.
Just like Ethereum, Doge, Waves, Lisk, and a few more.

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[qiwoman2]

https://twitter.com/robertreidmd/status/944144137225355266 THIS little tweet might cheer us all up if this really is going to happen. It kind of looks really far away right now form ever getting to that new all time high and I am not very good at riding the waves but you never know a miracle might happen and everything might moon again in January, I hope they do as it's my Birthday next January and I will be one year older but not wiser in technical terms. For now we see the ride to the bottom and hope we live through it and survive it.

[cryptoux]

Ive heard the people behind this bloodbath is Roger Ver and some chinese billionaires,they want to overtake the BTC with their BCash.

[coinoberg]

Ive heard the people behind this bloodbath is Roger Ver and some chinese billionaires,they want to overtake the BTC with their BCash.

Yes, this rumor is being told everywhere which makes me doubt about if it is true or not. Only thing I can tell at the moment that is a bit early to think that market is crashing. If you draw your trend lines for btc you will see that is still up trend.

[Madmim]

We hit fibonacci  %38 level and start to increase. This is just a correction and we will hit %50 fibonacci support line.
Don't panic and hodl guys.

Fibo 61% and a doji with large shadow would be a good confirmation of the end of the fall in prices. That is if the uptrend continues.

[Ch1bi]

Bitcoin is just having a correction. This happens and as a result other coins drop. Just use this opportunity to get cheap Bitcoin or coins. Cheers!

[Madmim]

i remember this headline posted on cointelegraph yesterday.... https://cointelegraph.com/news/early-bitcoin-investor-says-bitcoin-could-drop-50-before-going-higher ..................i think he was right  

This person has assumed that the uptrend will continue. So gave a safe fibonacci number to come to the spotlight where he didn't notice the quick upside move and it shakes buyers confidence and also didn't consider market panic. Just my 2 cents.

[Qrivium]

I think we will see more selling from here.    I am on the sidelines for now watching for a better entry point.  Good luck everyone  

[kyori]

Is it good or bad, who knows.

In last 24 hours whole cryptocurrency market is crashed and lost 30% of its values ( including bitcoin and other altcoins).

So it can be a good time to get in or maybe its time from when bitcoin starts to fall.

What are your views on recent crash ? share your advise and reasons.

What is happening in the market is really bad for those who bought it in high price and good for traders this is what they want, they can buy at its lowest price then sell after the big drop

[randythered]

Is it good or bad, who knows.

In last 24 hours whole cryptocurrency market is crashed and lost 30% of its values ( including bitcoin and other altcoins).

So it can be a good time to get in or maybe its time from when bitcoin starts to fall.

What are your views on recent crash ? share your advise and reasons.

The whole crash is driven by bitcoin and the outcome also dependent on bitcoin, if bitcoin falls below 10k then there will be a huge crash throughout the whole market, if bitcoin can find its feet around 13k it can be put down as a correction and while alts will face the same it won't be so painful. Expect a little period of hurt, give the market some time to settle and then see where it's at and make your decisions about rather to invest or not.

[ikicha]

Market crashed because people Panic Sell Bitcoin 
Market capitalization from $630B crash to $483B
I hope this is only correction after All Time High, and bitcoin price back 

[nikjain422]

You can just see what effect bitcoin has on whole crypto world,Untill bitcoin was growing up most alts are were also doing great,Once bitcoin started to tumble a bit all alts are also going down.Still i would say all is not gone,its just a bad phase for crypto and after few days i will get stable.

[cryptodagger]

Theres always a rainbow after the rain,just wait for few days the market will recover.

[Pamadar]

Ive heard the people behind this bloodbath is Roger Ver and some chinese billionaires,they want to overtake the BTC with their BCash.

curious about that just in case, if they wanted to take over and make bcc as a new king why in the world the value of this said coin is also
falling, I think its just another corrections and if this be overtaken by holders and investors btc value will jump high agian.

[PurpleDog]

what level do you think LTC is going to hit? There is still enormous space for correction there.

[LeaderAMB]

Is it good or bad, who knows.

In last 24 hours whole cryptocurrency market is crashed and lost 30% of its values ( including bitcoin and other altcoins).

So it can be a good time to get in or maybe its time from when bitcoin starts to fall.

What are your views on recent crash ? share your advise and reasons.

I see many people said "cryptocurrency is haven of investors" "cryptocurrency is where make everybody become rich".... when cryptocurrency is consecutive increase its value and when cryptocurrency go down then they disbelieve in cryptocurrency. I think this is very simple. After a long time cryptocurrency is consecutive increase its value then it need adjusting to stable. I believe cryptocurrency will soon increase again.

[jyotianand01]

I am not agree with your opinion as it is just a one day fall and it was expected as market was going upward very fast. This is the nature of currency market and ups and downs are always happen. Never afraid with fall because market again shoot up after this free fall.

[newinbtc]

Everyone selling currency because they want to spend money a great holidays :p its just natural fall no need to worry about fall , just invest and hold the altcoin IOTA Ethereum Ripple , We can invest in BitcoinDark it still rising

what level do you think LTC is going to hit? There is still enormous space for correction there.

Just hold the coin now it will recover all loss in 30 days

Theres always a rainbow after the rain,just wait for few days the market will recover.

Exactly , when market falls , business people invest money to make huge profit

[iram1011]

There wasn't a massive crash in altcoin market though. Bitcoin makes the major part of that 30% overall cryptocurrency mcap reduction. Some major altcoins are down with minor percentage, not much a concern for someone holding coins before the recent pumping cycle. NXT and XRP are still holding good. This is the best time to get in more altcoins at this rate. Usually the altcoins go down when Bitcoin goes bullish or bearish.

[scaramanga1337]

i hope the market bounces back fast, personally i think it could take some time (days), at least its a good buy option for all newcomers that came into crypto these days ,  hopefully they waited patiently for that first real dip today