The Red Market

[sfr2017]

I don't like this red color 
I hope that in the near future will be green
There's many causes of this the first one is the sudden increase price of bitcoin in one year.

[Triple]

Why is everything just a sea of red these past couple of days? I know the FUD with South Korea was the cause for the first major dip, but since then, all that has been figured out but the market is still just being slaughtered.

Anyone know of possible reasons why?

Well, apparently, China and Korea are the reasons why there is a bloodbath now, I know that this is somehow a work of some rich individual and will pump all the prices eventually.

I thought that was all FUD? Do you mind linking me some articles?

The market cap right now is currently 417B. This number is pretty much half the total market cap a couple days ago. I hope you guys are holding. Losses are only losses if you decide to pull out.

[Vinz1978]

Its A Red Market, Meaning Coins Are On Sale!
It has been a crazy couple of days in the cryptocurrency world. We have been experiencing a red market for the past few days where most coins have gone down significantly in value. Don't worry, we will see a rise in prices soon and now is a great time for everyone to get their coins while they are on sale!

[Triple]

All coins down 10-15% the past 24 hours. Is this round two of this dip or something else? I thought the bloodbath would have been over by now but it looks like it's taking another turn. Any reasons as to what the reason might be this time?

[dinofelis]

All coins down 10-15% the past 24 hours. Is this round two of this dip or something else? I thought the bloodbath would have been over by now but it looks like it's taking another turn. Any reasons as to what the reason might be this time?

Look at 2012 and 2014 if you want to know how it will go.

[wiro212]

Panic sell was stopped but billionare wont risk much they asset. Maybe holding a few on BTC for swing trading on that.
Market demand not yet up for another cryptocurrencies like BTG or BCH i think. Price falling deepers make crypto trader didnt have option to do.
Maybe so many trader holding they asset because they asset decreasing so much. Cutting lost looks like a suicidee option for them. And know only wish a billionare make a move to trade again in altcoin except bitcoin of course.

[Triple]

Panic sell was stopped but billionare wont risk much they asset. Maybe holding a few on BTC for swing trading on that.
Market demand not yet up for another cryptocurrencies like BTG or BCH i think. Price falling deepers make crypto trader didnt have option to do.
Maybe so many trader holding they asset because they asset decreasing so much. Cutting lost looks like a suicidee option for them. And know only wish a billionare make a move to trade again in altcoin except bitcoin of course.

What do you mean by your post? You're saying the billionaires in the crypto space are pulling out and that's why the market is so red? I don't think that's the case at all. Lemme ask you this, do you trade in the market at all? What you're saying right now makes little sense.

[Kavallo]

Why is everything just a sea of red these past couple of days? I know the FUD with South Korea was the cause for the first major dip, but since then, all that has been figured out but the market is still just being slaughtered.

Anyone know of possible reasons why?

South Korea case not solved till, people are in tension now and they are dumping their coins to recover the loss , those who buy at all time high they are in loss currently . coins like therum and bitcoin gold are booming in the sky since this issue created. also bitcoin fees are costly now average fees 0.001 Btc which is approx 15$ , normal bank fees is around 20$

main reason system network fees

I'm not talking about bitcoin. I'm more concerned on my altcoin holdings. Things like Bitcoin Cash, Bitcoin gold, and now even the new fork Diamond is booming like crazy. And from my research, BTG and BTD are both worthless forks.. This can't be good for the market because they're just pumping usless forks.

I would not say that Bitcoin Cash, Bitcoin Gold, and Bitcoin Diamond are booming like crazy, they are tanking with all the boat today, all double digits in the red.

[1 currency now]

Why is everything just a sea of red these past couple of days? I know the FUD with South Korea was the cause for the first major dip, but since then, all that has been figured out but the market is still just being slaughtered.

Anyone know of possible reasons why?

South Korea case not solved till, people are in tension now and they are dumping their coins to recover the loss , those who buy at all time high they are in loss currently . coins like therum and bitcoin gold are booming in the sky since this issue created. also bitcoin fees are costly now average fees 0.001 Btc which is approx 15$ , normal bank fees is around 20$

main reason system network fees

I'm not talking about bitcoin. I'm more concerned on my altcoin holdings. Things like Bitcoin Cash, Bitcoin gold, and now even the new fork Diamond is booming like crazy. And from my research, BTG and BTD are both worthless forks.. This can't be good for the market because they're just pumping usless forks.

I would not say that Bitcoin Cash, Bitcoin Gold, and Bitcoin Diamond are booming like crazy, they are tanking with all the boat today, all double digits in the red.

They claim to be the real Bitcoin or the coin that will be the top digital currency.
With them losing money like that while they just started being in an exchange, it doesn't look that good for them.

[hotICOlist]

Why is everything just a sea of red these past couple of days? I know the FUD with South Korea was the cause for the first major dip, but since then, all that has been figured out but the market is still just being slaughtered.

Anyone know of possible reasons why?

bitcoin always drop and stay for a week or month in the dip before it rise a lot
there nothing new on it for me just hold and comeback when the price start to rise

[Youghoor]

Why is everything just a sea of red these past couple of days? I know the FUD with South Korea was the cause for the first major dip, but since then, all that has been figured out but the market is still just being slaughtered.

Yeah, just only one answer to your question; the market is being extremely manipulated right now.

Maybe you are asking because you are worried just like the 80% of all the people who is in here.. I will just want to tell you that this is temporary.

Do not be afraid, in a few days from now, everything is going to be fine.

[Yakamoto]

Why is everything just a sea of red these past couple of days? I know the FUD with South Korea was the cause for the first major dip, but since then, all that has been figured out but the market is still just being slaughtered.

Anyone know of possible reasons why?

bitcoin always drop and stay for a week or month in the dip before it rise a lot
there nothing new on it for me just hold and comeback when the price start to rise

Yeah, I wouldn't say that you've really been around for long enough in order to know what is actually going to happen. If you were around in 2013 then I would say that you're just incorrect, but this is flat-out delusional given the history of Bitcoin. Your timings are off by magnitudes for a lot of the cases, encompassing many months, quarters, half-years, even out to a year in an exceptional case, where there was a slump that was not recovered from for a fairly long time. It might take a long time this round, especially considering the similarities to 2013/2014.

[Meysa_richa]

This is a natural thing in the trade cycle, if we examine this kind of incident not just now, it's like a seasonal event. And the current price of coin also has something to do with the ICO ban in China, and I think this is just a drama to get results greater than.

[Zanuar003]

every day red, which has a coint of course sold to avoid losses. I think this is just a game of big capital owners when the cheap price he buys in large and when it reaches the highest point he sells and the problem in south korea is in my opinion just a diversion of issues only. one day definitely bitcoin can until the price stabilized again.

[Moana]

Why is everything just a sea of red these past couple of days? I know the FUD with South Korea was the cause for the first major dip, but since then, all that has been figured out but the market is still just being slaughtered.

Anyone know of possible reasons why?

bitcoin always drop and stay for a week or month in the dip before it rise a lot
there nothing new on it for me just hold and comeback when the price start to rise

Yeah, I wouldn't say that you've really been around for long enough in order to know what is actually going to happen. If you were around in 2013 then I would say that you're just incorrect, but this is flat-out delusional given the history of Bitcoin. Your timings are off by magnitudes for a lot of the cases, encompassing many months, quarters, half-years, even out to a year in an exceptional case, where there was a slump that was not recovered from for a fairly long time. It might take a long time this round, especially considering the similarities to 2013/2014.

Exaclty. In 2014 the price went from over $1000 to less that $200, and some years earluer went from 60$ to just 2$. So I am afraid this time we haven't seen anything... yet.

[khaled0111]

It is like a snow ball, not easy to stop it.
People start to panic and it will be hard to convince them that there is nothing to fear and that it is just a FUD.
It will take a while before we can see prices rising again.

[dzkazmi]

Before it was South Korea but now the next hit was from the Indian banks suspending accounts of major Indian exchanges sites. That hurts the market today.

[simpleholmes]

There are several factors that have affected the market to go red one of them in my opinion is the sudden pump of btc during the last month of the year.

[ipanks]

we have to see bitcoin price is down again and now we don't know how much bitcoin goes down but I still have to hold my bitcoin and I will buy again because I already make an order buy for this. I don't know and I am not sure how much the price will down but I only hope that the price is not down too far because once the price drop too far, many people will panic and there will be a massive selling from the people and it will make a big impact for the price.

[rudyconsl15]

I am a newbie in this but of how much I have read about bitcoin, I understand that it has gone up for a long time without having corrected its price and upon reaching these famous dates, many have withdrawn their investments, now we are entering the Chinese New Year and it is possible that the btc continues to fall as it approaches the date.

is your opinion correct? but why until today the market price has gone down, meaning not because it is approaching that date.