Any reason for this current drop?

[Ascredo]

There are have many bad news about crypto.

I think everyone is waiting Korea's news 

And what you give news of Korea?
She is the founder of the crypt?

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[swordfishwizard]

Nearly every coin dropped last hour, any reason?

The only reason why there is a sudden drop on the market is because the whales are getting profit. You also do it, just so happened that the market doesn't affect everytime you dump a coin because you are not a whale.

[RieraMusic]

Bad news (I think is manipulation) + January usual drop + Korean exchanges removed from coinmarketcap + people panic for all those things.

[leezay]

The main reason for current drop is the week end. This combine with slow January, some bad and some fake news from Asia and we are in this situation.

[Quantumplation]

NOTE: This message was originally not posted by me, but instead by someone who compromised my account.  I have deleted the content.

[Destined2bGreat]

Well crypto itself is volatile, so its no surprise actually. Probably market manipulation in some extent.

[SalmanMJ9]

Obviously what governments trying to do by regulating the market going to have an impact. Personally, I believe in crypto and I am a long term hodler, and I think whatever they try to do they will fail with decentralization.

[PolsterKave]

lol its an trending relatively on this stage of the year

[DAOfan]

I am tired of people reporting the price of these coin almost every hour, don't forget that Bitcoin price still has a very great influence on most of the prices of this coin and if there is something like 2-4% drop in BTC price it cross across most prices especially in Fiat

Oh man, this is only the beginning! I see the prices being reported on yahoo finance, slashdot, random news websites, everywhere. It gets old so fast. Too many people are clicking on these horribly written articles about how bitcoin dropped 10% today. It goes up and down 10% every friggin day. I would compare it to the stock market, but I guess news stations do actually report on the stock market 3-5 times a day. I think until everyone gets used to the idea of blockchain technology we will just have to deal with the hourly reports posted everywhere. It's even more ridiculous when people at work bring it up.

[coinlawyer]

No news that could be the real reason) And I can ask You the opposite question: what was the reasons the market growth with 50-70% in 1-2 days? correction, manipulation or Fudd news - all of this separatelly or simultaneously could be the reasons, not only news needed.

[among]

I'm curious myself.  The only recent negative news I found was out of India:

https://www.express.co.uk/finance/city/907786/bitcoin-price-india-cryptocurrency-trading-btc-exchange

what the hell, oh that's freaking News banks around the world starting banning BTC and people lose thier money, i don't know what they trying to do, what will be interesting if BTC keep going up athought all these bands

[bamboylee]

Bitcoin price is pulling the price of all crypto. This is just probably continuation of the down trend that started early this month. I am not worried about this,I made profit the last time all the market get down. I am looking forward to make profit again.

[IloveDigibyte]

I think people are not over the panic over the news form South Korea. Bitcoin's price is not stable and everything in crypto depends of Bitcoin.

[Shenzou]

Nearly every coin dropped last hour, any reason?

Well as always we never can point out the reson when it comes to cryptocurrency price changes thats how things are in this industry, although in the recent days many goverments/banks have started annonicing that they are looking to either ban or regulate the cryptocurrency as it became a well known way for people to gain moeny and not pay taxes, and i am not sure its true or not but i have read an article about chinese goverments thinking about banning cryptocurrency mining and that might have some affect on the current price drop.

[kingasterisk]

Concrete news of what's going on happen on some Asian countries will probably dictate if the next price change is to go up or down. Right now the market is in a kind of limbo

[mycoinlife]

Nearly every coin dropped last hour, any reason?

Because markets are always changing this is the reason

[minersday]

Nearly every coin dropped last hour, any reason?

Yes, only one reason = FUD.

That is the only reason of why the price of almost all the altcoins (and bitcoin includeed) is dropping so hard.

Just have some patience, since everything is going to go up again without any issues soon. Just stop creating shitty threads because we all know that ALL the dips are temporary.

[photo123]

Nearly every coin dropped last hour, any reason?

Market is always changing this is the reason why coin dropped last hour

[seven2smoke1]

Nearly every coin dropped last hour, any reason?

Well as always we never can point out the reson when it comes to cryptocurrency price changes thats how things are in this industry, although in the recent days many goverments/banks have started annonicing that they are looking to either ban or regulate the cryptocurrency as it became a well known way for people to gain moeny and not pay taxes, and i am not sure its true or not but i have read an article about chinese goverments thinking about banning cryptocurrency mining and that might have some affect on the current price drop.

Maybe you're right mate, already i have read an article talk about that, I don't know if that's true or not, but I think that the problem is all about the ban of bitcoin. This is the main problem that made the market bleed in the last days, But hopefully the market is alive now, a lot of cryptocurrencies's price increased. I hope that everything will be fine for now, especially for bitcoin.