What's going on now.... anyone?

[NeverArgueWithWF]

Why all coins drop so rapidly? Anyone can tell me ?
THX

[zoiapisya]

Large players control the market. I watch a lot of negative news that is spreading through informative platforms. I think that these are planned actions in order to lower the price even lower and cause people panic.

[pedagang2]

for now may be the day of worldly survival, because the price of coins is down all .. so sad to see it.

[Greenkarki]

for now may be the day of worldly survival, because the price of coins is down all .. so sad to see it.

Many reasons behind. Closing of trades, exchanges, rules on forbidding usage of crypto currencies, keep waiting to rotate the coins being held by individuals, closing of mining pools and etc causes altcoins prices fall to the ground. Really pathetic situation from January 2018. But hope that altcoins will have hectic boom this year unlike past years.

[Alex Melkov]

All altcoins are falling in price due to negative news related to the hacking of bills on the Binance exchange.

[jvdp]

Why all coins drop so rapidly? Anyone can tell me ?
THX

Have you heard about the Mt Gox. He sold more than 400 million dollars worth bitcoin and BCH to settle the people. This is the major issue which impact all the cryptos dumped in the market. Next US and Japan are the reasons.
These countries regulate the crypto trading along with huge taxation. With in some weeks all will settle better and grow more than 14k USD before this month ends.

[djlenna12345]

It's hard for me to be calm at such a moment. My confidence is weakening. I suffer losses of thirty percent. But I knew that such a scenario is possible. The worst thing I can do now is close all transactions.

[vadim.etc]

As usual, the next fall, that serious uncles could buy a cheaper crypt. We look at how all are purchased and in a month there will be another growth, everything in the market is cyclical.

[Simon Eaton]

I think the alt coin drop is more to due with the SEC report on exchanges that may not be lawful. This is causing allot of uncertainty around alt coins and the ico market because this is where these alt coins are listed. This with mt gox maybe. I think the binance hack if anything should fill you with confidence in the speed and efficiency they dealt with the matter

[altsMlk]

Didn't you understand? It's How crypto market works. Sorry I did not stay updated about the market following days. So I can not explain a reason/s about this fall. But Its the time to buy some coins and pack them until the next jump.

[Serg22]

Disappointing news comes from the East.  Nobuaki Kobayashi said that he had sold 35,000 BTC and the same amount of BCH within six months in order to pay off debts to creditors totaling about 400 million us dollars.  The publication Trustnodes conducted analytical calculations, where it was obvious the impact of sales Nobuaki Kobayashi on the market,expressed in sharp falls. Under the management of Kobayashi is still 166 344 BTC.

[fayoling]

There is an opinion that the fall was caused by the speech of the central bank of China against the use of crypto currency as a means of payment

[grumpy619]

Nothing special, just another portion of the negative manipulative news to dump the market and to get rid of weak hands. Right now is it really very difficult to make any predictions about market recovery. It will happen, but when... I know one thing, many shitcoins  ain't gonna survive this falling.

[kingofrogues07]

If market does not goes up or down rapidly how big brothers steal little fish's money.

When bad news spread on prime economy channels and little fish start to panic sell its the buy time.
When good news and new ath seen and 1 million goal rumors spread it is the sell time.

[Encelad]

Analysts note that possible reasons for such a fall in the market may be the SEC statement that crypto-exchanges will have to undergo an additional registration procedure, as well as today's news that the Central Bank of China opposed the use of crypto-currency as a means of payment.

[blacktux88]

bad news
speculation
panic sells

every time the same ..... after that gigantic push ....

Why all coins drop so rapidly? Anyone can tell me ?
THX

[sand9999]

This is all cyclical. There is enough support for BTC whenever it breaches a lower threshold. So, it will not nosedive. However, we have to understand that Dec/January was a blip. Its a bit immature to see the value rise to $20k. It had to come down. Even now its trading at $9k. Not bad. In log run, its not going below that.

One more thing: Bad news from china, US has already hit it. So, its time to go up now.

I am surprised for ETH though.

[ragavancoin]

Yes the bad news come out about the binance exchange was hacked and some more negative news about Bitcoins , so the value of btc was drop around 15 percentage and the market recovering slowly.

[sand9999]

Worse news was when MtGox was shut down. BTC recovered fairly good from there. There is enough support to keep the valuation in few thousands $$.

[djlenna12345]

It seems to me that these negative news have already passed, now the fall has stopped. In any case, the market is managed by large players. We can not do anything about this