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Author Topic: Who knows why every crypto is falling?  (Read 1325 times)
BitcoinPanther
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January 16, 2018, 11:22:03 AM
 #41

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. Sad

It could be that South Korea's ban is one of the big factor why cryptocurrency is in a decline right now.. but, there are many recent ICO's that were sold out.  Is it because (BTC wise) devs are cashing out their  collected BTC funds to start their project and this needs cash of course.  Anyway, I have a feeling that this is just some correction before Bitcoin (being specific) fly again and break their ATH once again.
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January 16, 2018, 11:24:58 AM
 #42

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
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January 16, 2018, 11:29:25 AM
 #43

Probably because of the upcoming chinese new year. When we were close to 2k18 bitcoin stopped growing and everyone started selling. I think that is what is happening now as well. People are panic selling but i think that it is now the best time to buy yourself some bitcoin because in the near future bitcoin will start growing again and probably reach 50k one day.
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January 16, 2018, 11:29:36 AM
 #44

Take care as trading is a lot of psychology.

The more you sell the more the dump will be important.

But I may understand a lot of us want to reduce the loss.
However : be positive (Personnally I always have a look to NEO and its hourly trend...)
BennyOnions
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January 16, 2018, 11:38:59 AM
 #45

Could it be because the news about China this morning?  It seems tough to gain any traction when government news can cause a downward spiral at anytime.  Seems like rumors of banning can pop up every week.

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January 16, 2018, 11:44:02 AM
 #46

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.
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January 16, 2018, 11:47:49 AM
 #47

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. Sad
Who cares what happens day to day? What is normal? Lol Grow some balls....
faterin58
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January 16, 2018, 11:54:50 AM
 #48

I'm wondering why this price drop happened...
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January 16, 2018, 11:58:44 AM
 #49

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. Sad

I think you are new in the trading, you tend to worry easily. Their are lot event with this kind of dump and it is more bigger dumps. I do suggest that you will look your folio once a day because i think in the following days it will be more dumps and i think it would be next week before it could recover from falling. If you are really a trader you should know that there will be a lot of dumps before getting a profit so just hold it more, it wouldnt be dumping forever, later on it will be pumping.
bbjay
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January 16, 2018, 11:59:09 AM
 #50

Cryptocurrency trading just like any other currency is always up and down but not because south Korea ban the uses of bitcoin in their country. You will soon notice the price will be up again and that is normal. Stop panic and get ready for a rise in price in bitcoin and other altcoin will very soon.

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semobo
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January 16, 2018, 12:01:23 PM
 #51

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?

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.
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January 16, 2018, 12:07:49 PM
 #52

I think the rise and fall of bitcoin is a very normal phenomenon, and the decline of every password today may be the result of Korean news. I don't know the truth.
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January 16, 2018, 12:11:46 PM
 #53

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
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January 16, 2018, 12:21:36 PM
 #54

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.

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January 16, 2018, 12:32:08 PM
 #55

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/
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January 16, 2018, 12:33:06 PM
 #56

Don't worry, bloodbath is normal in the crypto world. It is actually a good time to do some shopping ^^ Many coins are for sale right now

I Do agree with you. This is normal in cryptocurrency world. As we all know its volatile, so prices are changing. I still believe that it will rise after this. I don't really know what tha factor affects in falling down almost all the coins but for sure it will come back again. I think this is the right time to buy coins.
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January 16, 2018, 12:43:55 PM
 #57

large players did not enter the market and do not buy the currency in billions of dollars.
the demand fell, and the price fell. when the market capitalization, will come to the previous level, the value will again go up.
do not worry  Smiley
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January 16, 2018, 12:46:08 PM
 #58

Buy the rumor, sell the news, y'all act like y'all new to this
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January 16, 2018, 12:48:14 PM
 #59

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. Sad
I dont know why cryptocurrencies are start to flow but i assure you that it is normal that every cryptocurrency are sometimes goes up and sometimes its goes down, so dont worry to that.

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January 16, 2018, 12:57:27 PM
 #60

I think it's just a matter of time. Although these weeks cryptocurrency is in a red position, I am sure that in February we will be green again. Not that I speculate, but this is just my feeling.

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