Trezor970 (OP)
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January 16, 2018, 09:27:39 AM |
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Guys, what happened of the market today? it passes from 600B to 471B of capital market!
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Thanasis
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January 16, 2018, 09:35:43 AM |
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Guys, what happened of the market today? it passes from 600B to 471B of capital market!
Something weird is happening around crypto currency market,every coins is falling and bitcoin price reached below $12K,it is likely to be happened but is happening in overnight so many investors are in panic situation.I don't think this is just happening due to South Korea ban,maybe many countries are trying to regulate crypto currencies in their country. Or this maybe a another trap from the big whales to make money so it is better to hold all our coins it may bump back soon(Hopefully). |
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shahzadafzal
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January 16, 2018, 09:46:24 AM |
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Well if bitcoin was a bubble... it is exploding now...!! just couple of months back it was hitting $20k mark. In start when it was going down every body was saying its going doing because of Christmas people are pulling out money for shopping but i guess they should have returned back... but they did not  |
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supermine
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January 16, 2018, 10:00:06 AM |
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Well if bitcoin was a bubble... it is exploding now...!! just couple of months back it was hitting $20k mark. In start when it was going down every body was saying its going doing because of Christmas people are pulling out money for shopping but i guess they should have returned back... but they did not Not only the bitcoin is falling each and every crypto is falling so it is not about the bubble.This is happening due to the countries banning bitcoins and crypto currencies.So it is better to stop spreading rumors around the people which make the condition more worse. I think this is an golden opportunity to invest on crypto currencies so everyone pick their coins and buy as soon as possible because the price may bump at any time.Cyrpto market is highly unpredicatble. |
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UsernameBitcoin
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January 16, 2018, 10:06:54 AM |
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Well if bitcoin was a bubble... it is exploding now...!! just couple of months back it was hitting $20k mark. In start when it was going down every body was saying its going doing because of Christmas people are pulling out money for shopping but i guess they should have returned back... but they did not Look at the previous price drops. They have been much much bigger than this. I think this can be because of Chinese crackdown on bitcoin. A single price drop does not mean that Bitcoin is a bubble. The drop in market cap is troubling though. And the fact that this drop has affected all cryptos not just Bitcoin. Let's wait and see though. I think this Chinese crackdown is definitely bad news but Bitcoin can recover though. |
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8count
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January 16, 2018, 10:08:42 AM |
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Guys, what happened of the market today? it passes from 600B to 471B of capital market!
I don't think their is to much to stress about. The cryptocurrency market does this. The ride up has been crazy the last few months and it was always over extended. In saying that it will start bouncing back up again soon. Just keep your eyes peeled and look for some good buy points. |
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desertx
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January 16, 2018, 10:13:17 AM |
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this is normal! just correction. this happens sometimes for further rise it is necessary
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shahzadafzal
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January 16, 2018, 10:16:05 AM |
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Not only the bitcoin is falling each and every crypto is falling so it is not about the bubble.This is happening due to the countries banning bitcoins and crypto currencies.So it is better to stop spreading rumors around the people which make the condition more worse.
I think this is an golden opportunity to invest on crypto currencies so everyone pick their coins and buy as soon as possible because the price may bump at any time.Cyrpto market is highly unpredicatble.
Well personally I also don't thinks its bubble... this for sure market will settle down very soon. May be its diving to it's settling position  fingers crossed! |
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LUCKY21
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January 16, 2018, 10:19:16 AM |
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There is a normal correction of the market after growth. This is the standard situation in the crypto-currency market. Constant growth does not happen. Therefore, now the market will be adjusted (prices will decrease), and then the market will again grow. Do not worry.
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shahzadafzal
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January 16, 2018, 10:24:08 AM |
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Look at the previous price drops. They have been much much bigger than this. I think this can be because of Chinese crackdown on bitcoin.
A single price drop does not mean that Bitcoin is a bubble. The drop in market cap is troubling though. And the fact that this drop has affected all cryptos not just Bitcoin.
Let's wait and see though. I think this Chinese crackdown is definitely bad news but Bitcoin can recover though.
Well I hope so, if its only about China then definitely it will recover soon. Crypto market can survive without Chinese investments. |
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rafajunior99
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January 16, 2018, 10:31:58 AM |
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I think they just make everyone panic about the market price decline, hopefully here you do not really think of falling market prices and not too panicked by looking at current market prices, so do your best for the future.
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edi-mf
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January 16, 2018, 10:32:22 AM |
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What do you mean? It's a sale! I wish I had more cash to buy more crypto... #firstworldproblems
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onesalt
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January 16, 2018, 10:33:00 AM |
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What's happening is something that I will never want it to happen again right now. What's going on?
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Acguy
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January 16, 2018, 10:33:16 AM |
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This market is very fragile it doesn't take much to go up or go down. Market cap is irrelevant.
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rallyko
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January 16, 2018, 10:41:16 AM |
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Big players are driving a wave of negative news about the crypto-currency market. I think they want to buy bitcoin at a cheap price, and then there will be a sharp rise in the price of bitcoin. So the market will be red for some time!
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jmalkovich
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January 16, 2018, 10:49:19 AM |
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It is raining cats and dogs. That is what happens right now.
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Leocrypto da Vinci
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January 16, 2018, 10:52:44 AM |
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I simply think that whales are manipulating the market just to put in panic little investors so the can buy at a lower price.
Of course it's just an hypothesis, but...very probable.
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Javanewstar
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January 16, 2018, 10:56:54 AM |
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It appears that China intends to further regulate the cryptocurrency market and then lead to a decline in the overall market.
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pcatalin93
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January 16, 2018, 11:08:37 AM |
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Google it and watch the news and you`ll find out why the market is down.
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000JC88
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January 16, 2018, 11:15:01 AM |
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Guys, what happened of the market today? it passes from 600B to 471B of capital market!
I remember when the same thing happen , from 100 to 60, then from 60 to 800 ... Relax, wait for few weeks and then everything will come back to normal. |
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