Who knows why every crypto is falling?

[Englebabylove]

The price of bitcoins and other COINS has fallen a lot today, but I think it's a short one, and it will soon return to normal, and we should keep calm.

[GwSoJ]

It's being forced down by the futures traders. They want to own Bitcoin and they want to buy it cheap. Don't sell. Hodl and buy more if you can. As I said in another thread, this is exactly what they do with gold and will keep doing until they own it all.

They don't want you to be independently wealthy so they are scaring you in to selling so they can buy it.

Hodl, Hodl, Hodl.

[tachi641]

This is a natural process of falling after strong growth. The reason is not even in the bad news. The reason is the overbought market of cryptocurrency.

[gabbie2010]

What Korean news are you discussing?
All this dump happens because of China government announcements yesterday:
https://www.bloomberg.com/news/articles/2018-01-15/china-is-said-to-escalate-crackdown-on-cryptocurrency-trading

So, all these this kind of dump due last China government announcements. I don't think so there are many event caused this dump. in my opinion Bitcoin fee one of these event.

There is always a number of factors that forces stable system to crash.
But there is only one of them, the key factor, that catalyses crash process to start.

Last announcement from PBoC yesterday, spread by leading news providers was that key factor.
https://www.coindesk.com/pboc-official-calls-for-wider-ban-on-chinese-crypto-trading-report/

The sudden drop  really indicates how fundamental news affects the price of bitcoin, the same scenario played out last year when china started the clamped down on the exchanges resulting in dumping the price of bitcoin dropped before recovering and surges upward, it is likely after this drop the price which has hit a support at $10800 and will rise again.

[devilman]

I see Red everywhere this is so sad. With my little investment ı feel sad ı cant imagine big investors 

[rodskee]

I'm not, it's frequent there are dips in cryptocurrencies, corrections. It could even go lower without breaking the long term upwards tendancy. Don't forget that only two months ago, bitcoin was around 6k$.

I really agree on this answer there are nothibg can exactly control the bitcoin how much the price in every minute goes dump or up the price value.
I think that is the effect of incoming corrections hard fork for the first month of the year don't panic just stay calm and relax in some other time the price are uprise again not only fo Bitcoin including the altcoins.

[Bukx]

When I saw the prices of crypto currencies there is almost every coin's price fell upto 20%.Do you think this is just happening due to South Korea's ban over crypto currencies or there is other reasons for that.

I hope the condition will be back normal soon but I am worried a lot.

Dont worry mate, it will be back soon because it is just temporary issue from big player to make the price down.
The price will be normal as soon as all crypto hunter realize that the issue is not right. Just hold the bitcoin and altcoin and we will be the winner soon.

[jinksters09]

Well, it's part of the trading business especially in a buying and selling kind of mode where everything depends upon the demand of bitcoin which is actually something to look into because the trend will be one of the basis if the bitcoin price is going to increase or decrease. We'll just have to wait and see what is going to happen in the price movement of bitcoin.

[dark08]

I'm not, it's frequent there are dips in cryptocurrencies, corrections. It could even go lower without breaking the long term upwards tendancy. Don't forget that only two months ago, bitcoin was around 6k$.

I really agree on this answer there are nothibg can exactly control the bitcoin how much the price in every minute goes dump or up the price value.
I think that is the effect of incoming corrections hard fork for the first month of the year don't panic just stayncalm and relax in some other time the price are uprise again not only fo Bitcoin including the altcoins.

Yes its better tobe calm impact this is the best time to buy more bitcoin the price are dump so high this is happen because some news say that korea are banning bitcoin I dont know if this is true all china government announce some big event happen to bitcoin and this news spread in crypto world. After this dump happen we can assure a big big pump up soon this is normal in crypto world hehe

[jonaire99]

When I saw the prices of crypto currencies there is almost every coin's price fell upto 20%.Do you think this is just happening due to South Korea's ban over crypto currencies or there is other reasons for that.

I hope the condition will be back normal soon but I am worried a lot.

The bitcoin price drop might be due to some government actions partculaly the ongoing crackdown in china followed by spreading FUD. It may also time for bitcoin to consolidate its price after a long price uptrend last year.

[olya_n]

When I saw the prices of crypto currencies there is almost every coin's price fell upto 20%.Do you think this is just happening due to South Korea's ban over crypto currencies or there is other reasons for that.

I hope the condition will be back normal soon but I am worried a lot.

Do not worry, the dump in the crypto currency market is inevitable. There will be a pamp, you just need to wait. Do not panic or sell your coins at low prices.

[mangocreatorz]

Don't worry, guys. I think, it is normal situation because bitcoin become not a good coin for buying something or somwhere. And other cryptos are falling too.

[ardyology]

It is simply because of the widespread aggressiveness of China to ban Bitcoin exchanges and its platform extensions. I believe this is just a minor setback since we've seen it already in Korea. After this, the party will definitely continue and we will see the rise of Bitcoin once again. As for trading those coins, it would be best to trade less in the meantime to minimize the risk.

[DexterRock]

No one knows why all the coin in the rapid fall, I just want to reduce my loss, I'm going to sell part of my holdings of the currency, at the right time to buy back, I panic

To be honest you will only loose money if you sell at the wrong time. Holding BTC when it is down you will not loose unless you sell it on exchange for cash. So if you want to reduce your loss you are better off holding your coins and buy more. There is no guarantee that it will go back rightaway to the 20k mark but selling now if you bought higher you are just feeding the whales who sold you bitcoins when it was high and who have buy orders sitting at 10000 USD/BTC and waiting for you to sell it to them in panic with loss ...

[arseaboy]

Don't worry, guys. I think, it is normal situation because bitcoin become not a good coin for buying something or somwhere. And other cryptos are falling too.

downfall was been speculate to be down up to 8k$ so maybe we will expect more bloody days inside crypto it's better to stay away from the
exchange so we wont be trapped or fall into panic if we seen really a bad sign of big loses, waiting for another day will be better than selling
with a loses, or if you are an investors today might be a good day for you to collect some bag holdings.

[rodskee]

Don’t worry. Hold your crypto until March.
Do not sell it in a cheap price.
Hold and be patient then your crypto will surprise you.

Can I know on what basis hold the crypto upto march?

I think there are no basis holding cypto until march that an self analysts and base on observations last year
But I beleve on that standing principle believing the stronger currency bitcoin as decentralized.

Yeah it is better to hold our cryotocurrency than selling them for losses.I don't know this is that healthy price correction or trap from the big whales.
Hopefully the price may recover until that keep all our holding is the good option.
[/quote]
Recovery of the price are hard to predict when its come back at same price value in the marketcap this the challenge for the cryptos holder's how can control themself to hodl.

[nufeils]

I think it is just a healthy correction after an insane bull run we had in the past couple months. The market will bounce back in no time, just wait.

[m9shn9sh]

This is due to several reasons. Basically, this is a sharp reaction from the Chinese authorities about the ban. They also have a new year now. I think it somehow touches today's fall. Do not panic in this situation!

[shezu007]

Totally depend on only two factor supply and Demand.
Nowadays demand of crypto are decreases because more people are doing transaction as this is new year so mostly people are calculating their whole year business detail. So when traders again start investing then prices will again start increasing. So you don't worry to panic about falling price. You need to save more and more crypto coins now for future.

[gandhe83]

This is due to several reasons. Basically, this is a sharp reaction from the Chinese authorities about the ban. They also have a new year now. I think it somehow touches today's fall. Do not panic in this situation!

Not only is the altcoin copper is falling but the bitcoin itself is also deeply discounted. This shows that whale investors are trying to bring the market down deep to continue to buy the coin at extremely cheap prices. I think this market has witnessed so many things and so be really lucid when deciding.