why all coins are dropping?

[lili song]

I think because effects from christmas and new year seasons. People sell their altcoins for holiday seasons.
But I sure after this it will rise again, because demand and supply still high. I believe that. Because some people still interest in altcoins.

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[Asoe kaya]

any body know the reason for current drop?

I think the coin dropped it is a natural thing and don’t panic, because bitcoin it fluktuatif, the price of her can down anytime.

[tomtradesglz]

any body know the reason for current drop?

I'd associate the drop with a few elements:
1. Korea (the noncommunist one ) tried to ban bitcoin
2. Chinese New Year
3. Banks selling their stakes then buying for cheap

[adzino]

any body know the reason for current drop?

FUDs are spreading badly. All those uncertainty such as some country might want to ban exchanges and stuffs like that are causing people to panic and sell all their coins.

china and Korea ban cryptocurrencies

Korea did not ban crypto currency. You should read the news before you even spread shitty news like this.

[panukurap]

any body know the reason for current drop?

At this moment rumors from the Asian direction, I heard from south korea about the ban on the crypto market. yes this rumor I guess that makes the market go crazy for now. there is so much panic going on, I think now is the best time to buy bitcoin and other altcoin

[thaovtt210]

We have got some undesireable news from Mass media. China have force bitcoin mining factory to pausing their opeation because of being accuse evading tax. Some bad new from north korea. In addtion, Bitcoin now out of date and full of weakness. Bitcoin deflation influence the whole market, and now this crisis period still more and more alerting.

[Pjoh ie]

any body know the reason for current drop?

Maybe the price of the coin dropped because people too frantic to sell coins they so it can affect the price of the market, actually panikk selling coins they are very do not need to because it’s not the first time it happens.

[Alisa_Krab]

I have heard that all coins are dropping because Chinese. There is some ban was introduced in Chine.

[fallensky7]

This is a normal correction after a large take-off of bitcoin, and the remaining coins follow the bitcoin. This is not the first time so do not be surprised

[ferrybitcoin.1996]

Maybe it caused by panic sell by people. so too much dump. And, i think market correction is in it too.

[umar22pk]

I think main reason is china going to ban crypto currency & South Korea wants to regulate crypto currency, so due to this peoples are scared & they are selling their BTC & it’s another reason of dip.

Everything will be normal but when?  No one knows…..

Might posiible BTC will stop around 2K

[andriegembel]

china banned crypto mining and transaction.
Indonesian banned crypto too

[kingjackoin]

All prices are falling on Korea uncertainty. By the way it's correction due to the Korean exchanges is being removed at CoinMarketCap.

[luckylauncher]

I think Big Economic Country have any rules that make any changes for Cryptocurrency and main reason because Bitcoin is dropped to 20%

[Rafiqul]

probably because the price of bitcoin and ethereum goes down so people sell their altcoin to switch to bitcoin or ethereum, and that's why altcoin prices go down, and bitcoin and ethereum prices go down because those who sell them panic when they see bitcoin and ethereum go down a bit and sell it straight away for fear it will not rise again (according to my prediction).

I agree with your opinion. Otherwise Chinese and Korean government close exchanges and banned bitcoin transactions. So people start panic about cryptocurrenc.

[Temmy007]

I guess is the Korea FUD and bit connect crash,  people are fearing, thinking crypto has hit it bubble, I have lost 85% of my portfolio

[LSt56]

china and Korea ban cryptocurrencies

since the circulation of the news, bitcoin and altcoin continue to fall and where panic occurs so that the market price is very difficult to control. plus this is a cycle that has happened in the past few years that at the beginning of each year the price is always down and will be ready to build again.

[taiwww]

Ban by Korean government paniced cryptocurrency market. Bitcoin which was around $15000 dropped sharply and went below $9000. Ethereum was around $1400 dropped below $800. These two major dropdowns pulled remaining cryptocurrencies. Chines government now planning to close down bitcoin exchanges. Such news is making bitcoin investors nervous and they are selling their coins results in dropping price.

[zikabra]

any body know the reason for current drop?

Reason is probably panic sell caused by north korea/china bitcoin/exchange ban fud, also bitconnect shut doors because it was ponzi, people are cashing out because they fear. I don't think I will look at price in next few days, well, not often as I used to look, i might get hart attack.

[pinkliar]

any body know the reason for current drop?

Reason is probably panic sell caused by north korea/china bitcoin/exchange ban fud, also bitconnect shut doors because it was ponzi, people are cashing out because they fear. I don't think I will look at price in next few days, well, not often as I used to look, i might get hart attack.

this is the most common thing that may happen for that it may cause in panic selling as of they see that it was been dropping for so for me the best thing that this may ever had to do for is to be more have enough knowledge for everything here and staying calm also is required for.