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Author Topic: Why Cryptocurrencies are falling today?  (Read 442 times)
HALLASTERA
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May 13, 2018, 07:47:58 PM
 #21

I think that news about Upbit cannot evoke such fall. That tendence is normal in cryptocurrencies, market was grow in 10% everyday.
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May 13, 2018, 08:17:26 PM
 #22

In anticipation of a big increase, "big uncles" piled up prices to buy! In the near future, good news on crypto currency is expected! And we will all fly to the moon!

[
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May 13, 2018, 10:24:25 PM
 #23

Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.


There are many factors to it and correction of an oversold market is just one of them. There is also the news and fake that affects some peoples decision specially the newcomers as they are forced to react and panic to it. Their is also the influence of the whales and pump and dump groups that will instantly pump a crypto and then quickly dumps its prices to make their profits.
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May 13, 2018, 10:59:59 PM
 #24

I think this is just a conspiracy of bad news that attacked bitcoin I see MTGOX make the act again by moving some bitcoin to the exchange place that makes the players fear if dump will happen.
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May 13, 2018, 11:04:38 PM
 #25

I still do not understand what was the reason for this fall on the weekend. Fortunately, now the situation has stabilized and almost all the coins have regained their positions.
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May 13, 2018, 11:10:30 PM
 #26

To this day, when the market rebounded in exchange rates can confirm the sudden drop two days ago is because the investors were selling cryptos because of profit. And now prices have risen sharply again. And if growth continues like this, BTC may increase to $ 20,000 by the end of the year and ETH by $ 2,000.

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May 13, 2018, 11:11:05 PM
 #27

Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.
Something happened on South Korea that brought fear to many traders.

But the fear has been done off now I guess and if you bought during $8,000 you are now in one of your happiest moment of your life.

Because you can now sell.
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May 13, 2018, 11:16:52 PM
 #28

Fud news everywhere, Keep holding bro, if you have patience then i 'm telling you this the next bull run will start after consensus meeting that will be held on New York, USA so better accumulate some and hold for the next few days.

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May 14, 2018, 02:53:26 AM
 #29

Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.

who the cryptocurrency falls today is because I know the market today is greening and that could be good for the future and you can benefit by selling your altcoin now and before the market is red you better sell your altcoin now and if you are afraid better you are holding your altcoin
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May 14, 2018, 06:08:10 PM
 #30

There are so many reasons of price fall. But I think the main reason is demand and supply. From last few days some news are affecting traders that could decrease demand.  And it might be the reason of price fall.
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May 14, 2018, 08:29:44 PM
 #31

just as our brother said  the market is currently oversold. that is the main resaon i guess. i am happy bucause im going to tread, people like me always waits for this kinda falls.
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May 14, 2018, 08:33:22 PM
 #32

Markets are coming back up.  Gemini just announced that they'll be adding Zcash, Litecoin, Bitconi Cash, Ethereum Classic.

Source:

https://www.forbes.com/sites/michaeldelcastillo/2018/05/14/winklevoss-brothers-bitcoin-exchange-adds-zcash/#43b19286b98e

Zcash already up 30%

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May 14, 2018, 08:34:56 PM
 #33

Now the market is at the stage of correction and it is very difficult to guess the moment. I bought a month ago, now I just have to wait. I do not advise you to sell something in the near future.

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May 14, 2018, 08:35:32 PM
 #34

Its very normal. You cant expect always green green.We should see red, relax everything is fine.Market will increase.

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May 14, 2018, 08:40:54 PM
 #35

It’s absolutely a normal thing in crypto currency market to fall and rise. You won’t be expecting the market to be always be nice with you and falling would be always nice time for some traders while rising in market price is as well nice for somenotger traders who are bagholding while it was red.
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May 14, 2018, 08:42:47 PM
 #36

Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.
Something happened on South Korea that brought fear to many traders.



That's been mentioned as a reason, but logically I'm not sure it makes the most sense... the Mt Gox seller dumping 8K btc (plus bch) probably was the reason.

And unfortunately he has more coins to sell, so this won't be the first time we see an unexpected dump.
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May 14, 2018, 08:43:45 PM
 #37

Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.

It's nothing new, next corrections in cryptomarket which lowers price coins. If you are here for some time you should get used to it. Now we must wait few days and everything back to norm.

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May 14, 2018, 08:44:37 PM
 #38

I think that the reason for the fall, which happened several days ago, was news about the problems of the Upbit Exchange. I think that now everything is fine and you can buy different altcoins

jagaban
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May 14, 2018, 09:14:50 PM
 #39

I think we are witnessing a massive injection of altcoins which is crippling the growth and movement of many other cryptocurrencies. This saturation of altcoins is also partly responsible for the inability of bitcoin to mount a sustained bull run.

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May 15, 2018, 11:44:32 PM
 #40

Does anyone know what happened to the market? I know it is a good time to buy but just wanna know what happened that trigger the huge sell off and price reduction.
Something happened on South Korea that brought fear to many traders.



That's been mentioned as a reason, but logically I'm not sure it makes the most sense... the Mt Gox seller dumping 8K btc (plus bch) probably was the reason.

And unfortunately he has more coins to sell, so this won't be the first time we see an unexpected dump.
There are a lot of reasons why there has been significant drought to the market and we are striving to recover.

If he's about to sell then he should wait for a better price so that everyone could ride him along. But I guess he's also in panic and he just want to get out of the market until he can.
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