Cryptocurrencies are going down

[maduranga]

i think mew dns hijack seen was made some extra pressure almost some people was on a question is this a bulltrap or not

[paradigmaV]

All cryptos are going down rapidly. What is the reason. Where is the bottom?
Looks like we will have new opportunity to invest with low prices.

It seems to me that this is not a trend, it's just a correction. I think that the bull market has already begun and it will gain momentum. But growth can not be long, it will always be a little interrupted ..

[Malabarka]

All cryptos are going down rapidly. What is the reason. Where is the bottom?
Looks like we will have new opportunity to invest with low prices.

Well, why are you making such a conclusion?
I'm watching Ethereum. Over the past 2 weeks, it has risen from $ 300 to $ 600.
This applies to other altcoins, many coins have finally started to trade profitably.

[poli.isk]

people are afraid, someone somewhere heard something and begins to panic, and scare all people. be calm and patient. just wait and watch the market

[dimitriaustralia]

90-99% of all the Bitcoin is owned by 1% of all the users.
Bitcoin is an improvement to the monetary system only in efficiency. The main issue of the previous fiat currencies is more abundant in Bitcoin which is the concentration of the elites wealth making all other users slaves for the system.
Fair distribution and manipulation proof are the most important elements needed.
Also note the volatility as a way they increase their holdings through manipulation.
The entire crypto shere has been infiltrated not only bitcoin.

www.bitcoinb.io

Get involved and help expose the manipulation!

[Muzika]

If people was not in crypto for 2 to 3 years ago they dont have the reason to tell that crypto is going down if you were compare the price years ago from today you can differentiate and te that todays price is much higher.

[xSkylarx]

All cryptos are going down rapidly. What is the reason. Where is the bottom?
Looks like we will have new opportunity to invest with low prices.

Cryptocurrencies are dropping down because it is  volatile and it is just normal for it to change it's value. Being too worried and even panicking won't help us grow as traders. What we need to so is to have an attitude of being positive and patient towards all the changes here in crypto. The values might drop down anytime but we must always know how to handle our emotions towards it.

[LUCKY21]

All cryptos are going down rapidly. What is the reason. Where is the bottom?
Looks like we will have new opportunity to invest with low prices.

Are you now afraid of any correction? After any growth, correction always follows. It is this correction that we are now observing. Therefore, there will be no new bottom. The correction will end and there will be growth again.

[cryptocue]

As far as i know the mew or the myetherwallet.com incident yesterday caused the market dumpage as it is the main wallet of most of the erc20 based tokens the market has stumbled because it is the same tactics which the etherdelta.com has faced few months ago.Clearly these people are professionals because you cant hack DNS servers especially when you dont know what you are doing.

[aardvark15]

All cryptos are going down rapidly. What is the reason. Where is the bottom?
Looks like we will have new opportunity to invest with low prices.

It’s just a correction after several good days of gains. It is always expected that after a week or more of really good gains, there will be some profit taking that could cut those gains in half. This is just part of the cycle of trading in any free market including the stock market.

The main thing to look at is the overall trend which is still up. I think cryptocurrencies are solidly in the early stages of the recovery.

[Manchumichael]

All cryptos are going down rapidly. What is the reason. Where is the bottom?
Looks like we will have new opportunity to invest with low prices.

Cryptocurrencies are dropping down because it is  volatile and it is just normal for it to change it's value. Being too worried and even panicking won't help us grow as traders. What we need to so is to have an attitude of being positive and patient towards all the changes here in crypto. The values might drop down anytime but we must always know how to handle our emotions towards it.

Yes in crypto market pump and dump are common but the last drop was not normal it affected of DNS attack to MEW that's why suddenly the market turned to red yesterday but today again we are seeing green paint in coinmarketcap. there is a reason for every pump and dump so don't get panic.

[Fedor07]

Well , you think that somebody can know were is the bottom ? No , nobody can know where is the bottom . And one more think , you are wrong . Crypto is not going down , they are going up , almost all of the altcoins are going up . The last few weeks were green , bitcoin was growing and its still growing , he dropped again but he is trying to come back .

[honghe99]

DNS attack to MEW is just a small effect. It doesn't continue to impact the entire cryptocurrency market. We can now see that the market has stopped falling and it is starting to turn green again.

[Lpim01]

If people was not in crypto for 2 to 3 years ago they dont have the reason to tell that crypto is going down if you were compare the price years ago from today you can differentiate and te that todays price is much higher.

Price truly determine how crypto grows,  from $1 to $1000 is something like that.  We just think that crypto market isn't healthy at all times, sometimes we also consider it's market change which means ups and downs are very often to happen.

[BADBITCH]

All cryptos are going down rapidly. What is the reason. Where is the bottom?
Looks like we will have new opportunity to invest with low prices.

To be an investor? You need to always stay positive and relaxed
A reduction in value over a few days should my prompt you to dump

A sudden increase in value should not prompt you to dump either
So invest hodl and flex

That’s all you need to do

[Cynooza]

You should get used to corrections. They are absolutely normal after coins grow fast for several days.

[Craigjohnstone]

See the prices decreasing as an opportunity. We are still in the very early stages in the life of crypto. We cannot have a green market everyday.

[musaonliner]

yes crypto again down and it's natural for crypto world.pump and dump are natural for crypto, but when market will be go down then we get opportunaty for invest in crypto.

[heinz]

For sure cryptos will go up again, the chakkange is to catch the lowest price and get the biggers income..

Hopefully the cryptocurrencies are only going through a fall temporarily, I think it will not be a great correction like what happened before.
If we know that it is very difficult to know the behavior of the market due to its instability, you also have to understand that it will always rise and fall.

[Perfect35]

The reason i can give to this downtrend is that; just because coin amd altcoins have pump so well within two weeks thereabout, they are now in profit. So, what they can do to have there profits back, is to sell what they have. So, by reason of the hasty sell, the coins are now dumping. Well, we will see another rise sooner than later.