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Author Topic: Why this sharp drop in currencies ?  (Read 552 times)
OMGyasuo
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January 17, 2018, 03:56:48 PM
 #21

Bad news??? The market is emerging??? New laws Huh Or what?
I think this drop has nothing to do with  promulgating the rules of the nations. I think this is the effect of "sharks", perhaps they have been accomplice with each other and cause a bad market at this time to make a huge profit for themselves.

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samsolocrypto (OP)
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January 17, 2018, 04:41:06 PM
 #22

I think the famous currencies are the ones that have affected the market
With some decisions in some countries
It is not the end of BTC and will become stronger than the first
Because it is against centralism
A lot around the world hates the word [central money]

It's a free campaign FOR ALL CRYPTO
Lawrenzoo
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January 17, 2018, 06:13:17 PM
 #23

Wall street are finally having their ways. I knew this would happen the moment they enter the market. Dont worry, dont chicken out, that is what they want  so the market can really drop for their own favour.
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January 17, 2018, 06:15:32 PM
 #24

Just hold your coins and take this opportunity to buy. Hold for long term😊.
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January 17, 2018, 06:17:06 PM
 #25

Do convert to USD when you feel bad news coming to bitcoin try to keep all in USD to buy again at blood markets . i learnt this lesson today with loosing almost 5000 USD .

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mahibul49
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January 17, 2018, 06:18:55 PM
 #26

no need to be worry!king will go back again soon Smiley
just hold

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January 17, 2018, 06:19:26 PM
 #27

Play the long game.  It will bounce back.  Like it always does.

+1

Only fools sell now.

Dont be a fool.


Uh. Exactly. Don't know at what point you bought, but my netto results are still in bold green and if you really feel to urge to do something: buy.

nutildah-III - First BitcoinTalk NFT Transaction ever - 2021-04-01 [666 fBTC]
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January 17, 2018, 06:20:33 PM
 #28

Do convert to USD when you feel bad news coming to bitcoin try to keep all in USD to buy again at blood markets . i learnt this lesson today with loosing almost 5000 USD .

You can convert temporarily to USDT. I can think of a lot of reasons not to convert to USD.

nutildah-III - First BitcoinTalk NFT Transaction ever - 2021-04-01 [666 fBTC]
marc_a
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January 17, 2018, 06:20:55 PM
 #29

ITs a good correction. Just if you got into cryptocurrecies the last 6 months. I can understand that you worry  alot.
I see it as having sale :0 everything 30% off

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Mankey001
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January 18, 2018, 11:32:30 AM
 #30

ITs a good correction. Just if you got into cryptocurrecies the last 6 months. I can understand that you worry  alot.
I see it as having sale :0 everything 30% off

Yeah, its a good correction. It is now time for the new investors to come in because as we can see the price had gone big enough and when it returns to green there is no stopping.
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January 18, 2018, 11:49:07 AM
 #31

It didnt really go down. It just took a breather from going up. You have to realize it had just gone up 2000% in a year and 10,000% in 2 years.

60659 📦
Kaller
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January 18, 2018, 11:54:44 AM
 #32

This happens every january. There is a drop and everybody starts panic selling.
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January 18, 2018, 12:13:31 PM
Merited by Yarsk (5)
 #33

Bad news??? The market is emerging??? New laws Huh Or what?
Op, there was no new laws what so ever, but what led to the current decline of the market value of bitcoin and altcoins is as a result of bad news emanating from North Korea on the ban of big crypto currency exchange company and as such panic sell by those who could not allowed or bear the massive lost was another factor though at the moment, the market is returning back gradually.
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January 18, 2018, 02:11:55 PM
Merited by Adioliver (1)
 #34

All those news about the new laws was not the reason for the sharp dump of the cryptocurrencies. It was for the sole purpose for creating panic in those who are new to the market as traders. All to do right now is wait for the market to get normal again which might take some time but hold and if you haven't invested yet then this will be a good time to do so and earn a bit more by holding these cryptos for long.
Don't panic or worry, Drops like these are a normal thing in the trading market. Just wait for it to get back to normal!
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January 18, 2018, 06:46:33 PM
 #35

Did you mean that the end of BTC is comming Huh
Do not panic sell that is the worst thing you can do I understand that you are nervous since you are new here, but I suggest that before you take any action that you study bitcoin and its price movements not only of this last week but its entire history and when you see things in that perspective the current lost of value is nothing.

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Zuilhsa
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January 19, 2018, 08:09:06 AM
 #36

The current drop can be due to the ban of bitcoin by south Korean government. People become panic and have started selling. Also another thing the functionality of bitcoin is limited due to huge fees and slow verification times, this makes less trust in bitcoin among the people. If the problem be solved and if transactions are made faster and easier then bitcoin value tend to increase.

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January 21, 2018, 08:52:44 AM
 #37

Did you mean that the end of BTC is comming Huh
Do not panic sell that is the worst thing you can do I understand that you are nervous since you are new here, but I suggest that before you take any action that you study bitcoin and its price movements not only of this last week but its entire history and when you see things in that perspective the current lost of value is nothing.

And now bitcoin is rising again. Some people panic sold at $9000 and lost a lot.
The Scorpion
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January 21, 2018, 08:59:58 AM
 #38

New laws? No, as far as i know, it all was fake FUD coming from Korea + China saying that they were going to regulate bitcoin and crypto mining, but it all was fake, so nothing happened.

A lot of people tried to dump the price, and it happened, and the price is slowly recovering right now.

Bad news??? The market is emerging??? New laws Huh Or what?
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January 21, 2018, 09:01:07 AM
 #39

Bad news??? The market is emerging??? New laws Huh Or what?
Indeed it was obvious that at the beginning of the year this will happen. But I think in a week everything will improve, and many have now invested and that now sit down to panic and think about what to do. In general, while you forget about the crypt.
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January 21, 2018, 10:10:41 AM
 #40

New laws? No, as far as i know, it all was fake FUD coming from Korea + China saying that they were going to regulate bitcoin and crypto mining, but it all was fake, so nothing happened.

A lot of people tried to dump the price, and it happened, and the price is slowly recovering right now.

Bad news??? The market is emerging??? New laws Huh Or what?

They have regulated mining in China. It was not all FUD.
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