Why this sharp drop in currencies ?

[samsolocrypto]

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

[bitfools]

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

It was always KNOWN

Dec 20, goldman sachs created 'bitcoin futures' that let whales go short so they could sell huge block and buy insurance to cover the btc price collapse

It was estimated 2-4 weeks the price would start to erode, to zero

The big houses like GS work for the rich, the little people are called muppets,  and they always screw the muppet to death.

The other thing is that nobody can hide the problems anymore ETH & BTC suck dick when it comes to all their promises, there are a lot of good alt's out there, so its not the end of the world.

BTC had a good run, and all things come to an end.

[samsolocrypto]

Did you mean that the end of BTC is comming

[KarlSchwarzschild]

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

[nheychan]

yeah,does this mean it's going to end soon? I should've worked for this a long time ago had I known this will happen. very sad.

[Mankey001]

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

It was always KNOWN

Dec 20, goldman sachs created 'bitcoin futures' that let whales go short so they could sell huge block and buy insurance to cover the btc price collapse

It was estimated 2-4 weeks the price would start to erode, to zero

The big houses like GS work for the rich, the little people are called muppets,  and they always screw the muppet to death.

The other thing is that nobody can hide the problems anymore ETH & BTC suck dick when it comes to all their promises, there are a lot of good alt's out there, so its not the end of the world.

BTC had a good run, and all things come to an end.

You seem very sure of your statement. Then how come all the alts are following with bitcoins movement. As you can see in the market right now. All of the coins have dipped 10%.

[crazyivan]

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

+1

Only fools sell now.

Dont be a fool.

[The_Selected_Few]

The trend of the last few years match what is happening right now...the value increased both years....don't sell as you are allowing the price to lower further.

[Kaccy1]

I think all these falls are caused by this serious fight by govt on crypto currencies,i sincerely pray they lift the hands from our resources because crypto currencies has saved so many souls from vices and so on,I believe i am saying most people’s mind.

[samsolocrypto]

I know this very well  This is the opportunity to buy

[mk4]

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

It was always KNOWN

Dec 20, goldman sachs created 'bitcoin futures' that let whales go short so they could sell huge block and buy insurance to cover the btc price collapse

It was estimated 2-4 weeks the price would start to erode, to zero

The big houses like GS work for the rich, the little people are called muppets,  and they always screw the muppet to death.

The other thing is that nobody can hide the problems anymore ETH & BTC suck dick when it comes to all their promises, there are a lot of good alt's out there, so its not the end of the world.

BTC had a good run, and all things come to an end.

Quite huge claims there, as if you're 100% about the things you're saying.

BTC and ETH are still one of the best in terms of security and stability. There are good alts, yea. But what does most shilled alts do? Send transactions fast. That's it. There's no need to talk about security and decentralization, huh? I swear you're probably one of the RaiBlocks shillers on Reddit.

And no, bitcoin isn't coming to an end. Another BS claim.

[Xie89]

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

It was always KNOWN

Dec 20, goldman sachs created 'bitcoin futures' that let whales go short so they could sell huge block and buy insurance to cover the btc price collapse

It was estimated 2-4 weeks the price would start to erode, to zero

The big houses like GS work for the rich, the little people are called muppets,  and they always screw the muppet to death.

The other thing is that nobody can hide the problems anymore ETH & BTC suck dick when it comes to all their promises, there are a lot of good alt's out there, so its not the end of the world.

BTC had a good run, and all things come to an end.

I think you're full of crock. Yes this is the whales playing with futures. Zero? Impossible.

[nicko122]

Everything comes from the panic of investors, after North Korea's ban, many panics rose, and the rate fell down.

[jackchun]

i will not choose to sell all cryptocurrency coins right now, and even you sell now, you face a huge loss of transaction fee and may delay very long time due to bitcoin traffic congestion. 
So keep working and earn them, and holding your owned bitcoin.  No buy and no sell. Just keep earning your bitcoin and other well known cryptocurrency 

[bigbosma]

Apparently you are still quite new in this field
Falling and rising are absolutely normal things for bitcoin, because of this you earn money.

[BrewMaster]

- the price had gone up too fast and too big. it was corrected but many big players weren't satisfied with it. hence all the bubble FUD.
- there was another couple of news about some countries including China (surprise surprise) banning bitcoin
- there is the issue with high fees.

and finally it is be cause we are in January!



https://bitcointalk.org/index.php?topic=2767038.0

[Igor Kapy]

According to Bloomberg, the drop in the bitcoin rate is due to the fact that the Chinese authorities reported blocking platforms for trade in crypto currency. Sources of the publication report that China intends to block access to local and offshore platforms that allow for centralized trade.

In addition, the news from South Korea is fueling the situation. There they started talking again about the prohibition of trade in crypto currency.

There is also an opinion that the collapse is associated with a sharp increase in the rate for most crypto currency in a short period of time with a very small number of corrections.

But my opinion is that rich uncles will make a month's collapse and will be lured out of the simpletons, and panicked by their darling BTC.

[tam31]

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

+1

Only fools sell now.

Dont be a fool.

This is exactly what my friends told me on my chat group. I know that it will recover soon from the price drop, but the newbies will get scared and will sell their coins.

Price drops are very normal this is also normal, because sometimes they spread fuds and people will believe them. In a long term you will make money if you are saving of course.

[RodeoX]

I like it. 

looking forward to about $6K then perhaps a long slow climb.

[Sunnyyy]

I think bitcoins are down because of the effects of some countries that have banned bitcoins. People are selling bitcoins because they are afraid