why all coins are dropping?

[dificanovi]

was it a good idea to sell all my ripple for neo?

you should be a little patient because the current price decline does not last long, soon the price will return to normal, do not until you regret because it can not wait and the price of some of these coins will soon rise after some time again.

[Mark-Krawed]

When bitcoin and other crypto step backward 2 times I know he will bounce back 5 times.

[$$$sparkles$$$]

any body know the reason for current drop?

This is the effect of Bitcoin price fall. Traders sees the chance to get more Bitcoins at a lower price and so they sell off their alts for Bitcoin. Buying increases the value while selling does the opposite. The current market trend shows that more are selling than buying resulting to decrease in value. But eventually, there will be a recovery. So hold and be patient.

[CopMom]

The reason for all the cryptos dropping in the past is due to the Korean government's intention to ban digital currency trading and close the Bithumb trading floor in their country. This rumor has made the rate of all cryptos drop dramatically. From here it can be seen that the rates of cryptos are greatly influenced by the news.

[pooque]

China and korea fud,the news said these two giants are going to ban all the cryptotrading but thats not true,they will only regulate it.

[dimastegar]

Because there is new regulatory news about Crypto in South Korea. So many people panicked and sold their assets to save their money. And this solemnity we need to use to buy coins at a low price. And we need to be patient for this incident. Because this often happens to crypto.

[bratbu]

China and korea's fud was the reason and the bitconnect scam was finally come to an end,thats why a lot of people are cashing out yesterday,panic selling in bitconnect holders.

[andthereyou]

The massive selling of coins are the reasons why the market now are bleeding. People tried to retained the fiat value of their money so they converted it to USDT/USD. Supply overcome demand thus they are force to sell at lower price to cut losses.

[rhamzter]

China and korea fud,the news said these two giants are going to ban all the cryptotrading but thats not true,they will only regulate it.

There's no evidence that Korea banned the crypto currency trading in their countries, but if it is true it was large effect into the digital world. Because Korea is one of the most large trading country in the crypto community. Even China, but it was given because last 2017, this country was already banned the trading even other transaction of crypto currencies in their country.

[sltshp]

Mostly just china and korea fud, coupled with the upcoming Chinese New Year festivities in asian countries, many people are cashing out. Should see the market go back to normal in 2-3 weeks time.

[khichariya1]

We return to the price level of the end of November. Corrections to these indicators, many predicted at the end of December. Imagine that there was no December take-off at all, so it will be easier. Now the market is flying down purely due to panic. This is good, nervous in the crypt there is nothing to do.

[Catoekreloh]

Since the rise of digital currency almost nine years ago, the Bitcoin network has undergone some upgrades and improvements, maybe with that bitcoin price erratic and we can not predict it, we can only pay the price of bitcoin for the better .

[HouruSinkara]

Normal correction before another growth, this happens quite often, you need to calmly react to it and wait for the growth of all your coins

[scanpayasia]

Opportunity to market more sustainable growth. It is wave, there is rising & falling.

[ramarianz]

but today,price going up significaly. ripple going back to 1 usd ++
btc going to 12k usd
maybe korean have a new regulation now.

[alfian123]

I can only pray, may all be as stable as we want.

[tomtradesglz]

but today,price going up significaly. ripple going back to 1 usd ++
btc going to 12k usd
maybe korean have a new regulation now.

i don't think korea has such a huge influence...its only a nation of 50+million

[oginiimaoyani]

The deep was cause by someone who predicted that government may ban crypto but people have started seeing that is not true, so in less than no time we all we be surprise.

[1020kingz]

There are lot of reasons why it goes down, first the investors withdraw their investment especially in bitcoin it can affect the market, second some countries ban crypto currenciesthats why they withdraw, and 3rd the deep correction of the recent prices thats the main factors I guess.

[BariaczRoni]

Last few date, China and Korea goverment annouce to consider banning crypto currency. This news make the market start selling all coins, but official news help the market to recover fast.