What happened to the Crypto market?

[Raja Singa]

I see the current crypto market movement is very bad. The price of Bitcoin dropped dramatically. Altcoin also turns red.

See screenshots of coinmarketcap!
I made an animation from BitUniverse.





In my opinion that this happened due to the hard fork Bitcoin Cash.
What do you think about this?

Update:

Based on data from coinmarketcap.com, Ethereum is the number 3 coin for now. XRP scored a new history that has long been ranked number 3 in the top 2 right on November 16, 2018.
What happened to Ethereum?

Coinmarketcap



BitUniverse



Update November 20, 2018
BitUniverse
Ethereum down.





November 22, 2018



UPDATE May 24, 2019, 03:46:00 PM

Hello my friend, I am now back to update this thread. I am interested in seeing the development of cryptocurrency at this time. Crypto prices have increased again in the past month. See the current screenshots.

UPDATE - July 10, 2019

UPDATE July 15, 2019

UPDATE July 20, 2019

If we see it based on the existing history. The Stellar position continues to be threatened. Starting from position 5, falling to position 9, and now at position 11.

UPDATE August 01, 2019

Sorry if you don't see the image. Just click the link!

[Anonymous100]

If we look at last year's track record, altcoin has seen a decline in prices in November. Maybe this is the start of Bitcoin and Altcoin to go to the moon.

[Teraboy]

I see the current crypto market movement is very bad. The price of Bitcoin dropped dramatically. Altcoin also turns red.

See screenshots of coinmarketcap!
I made an animation from BitUniverse.





In my opinion that this happened due to the hard fork Bitcoin Cash.
What do you think about this?

It's noot caused by bitcoincash and it's a usual thing when you can try to see the latest chart of crypto and after the big bubble and there will be another huge dump too and this will be recover in a year after the dump year. It will probably on 2019. We will see bitcoin search its stable value. this time there was a possibility for that gets down even more.

[passwordnow]

Bitcoin tanks, altcoin tanks too. This is how powerful bitcoin is and going back to your question why the market is red now.

Well everyone's speculation is that this has a correlation to the upcoming event later.

[dnsokoljuk]

Yes, i am also think that a lot of people decide to take part in fork of Bitcoin Cash and they sell their BTC to take part in it. Not strange that BTC price falls. But i am think that it will raise againe after fork will be finished.

[benalexis12]

I'm really confident about the market status, though the CBOE expires already no one will manipulate it. So maybe a huge pump after this market correlation. No definitive date and time but we need patience for this, as always said invest monet that you can afford to lose.

[vicvicto17]

I smell Bull Run after this, maybe stock market are plunging too. Let's just wait how the market reacts if ETF will approve or Institutional are coming in. I'm long for this time around.

[doroshok1]

Now the market itself is unstable. All cryptocurrencies are trying to find their value. And such jumps up and down will continue for a long time. And the bull is already projected to mid-2019.

[Bytem3]

Bitcoin price crashed the whole market dropped by more than 10% within a few hours. Hopefully, there will be a recovery soon after.

[ShowOff]

I think it is because almost holiday for christmas, the scheme is price is very drop and then it can goes up again, my suggestion is don't panic and keep hold, especially if we loss investment, don't let we loss more.

[Msile]

From the looks of it, there was a liquidation of 12bn of $ in bitcoin, that together with the announcement of a fork of bch has brought a little fud in the market, that's why the price is going down so much, and if you need advice? buy, it's a good discount and I don't think it will last in that price for a long time, so take advantage and buy.

[SolomonSollarsNSense]

At the end of last year also something same like this happened that before the start of the bull run market gone down like this and all the Altcoins and Bitcoin gone down after that the bull run started and bitcoin hit the all time high of 20 Thousand Dollars. So I am just hoping something same happening as it happened before and bull run will start after this little downfall.

[Fulmand]

I think it is because almost holiday for christmas, the scheme is price is very drop and then it can goes up again, my suggestion is don't panic and keep hold, especially if we loss investment, don't let we loss more.

Maybe it will go up, but most of the comments I read from other sections like with speculations was not so good. We might look on those reasons that Christmas is coming, but compared to what last year's price formation. November was already the greener trend of the market price and yet now was an intimate moment to witness if the market will have to recover fast or not.

[bravehearth0319]

Happy New Year! Don't panic. Aren't you numb about sharp falls this year? All year year long the market is on a downward trend. Now, if you believe in bitcoin and other top altcoins, time to buy more of them. Maybe early next year we can the much awaited bull run. This only shows how volatile the cryptocurrency is.

[Wicked Sick]

Already many have commented what has happened with bitcoin, now to deepen a little in the alts, as always, we can observe that if bitcoin falls alts follow it and that is because the parity that always has these coins, many times the normal change is bitcoin to fiat or alt to bitcoin, I think that no exchange offers alt to fiat, so we see these changes so abrupt impact on the alts as well.

[heartthew]

The cryptocurrency market is moving as needed because after a big fall, as now the market will grow again and after the market overflows with money, it will start to fall again 

[cryptic4000]

I see the current crypto market movement is very bad. The price of Bitcoin dropped dramatically. Altcoin also turns red.

See screenshots of coinmarketcap!
I made an animation from BitUniverse.





In my opinion that this happened due to the hard fork Bitcoin Cash.
What do you think about this?

I do not think bitcoin cash can influence the market so much. We all know that the crypto market always has manipulative organizations and now whales are back. It is a new strategy and I think the market will fall again after 2 weeks. we should sell all altcoins now to prevent losses.

[79b79aa8d5047da6d3XX]

I see the current crypto market movement is very bad. The price of Bitcoin dropped dramatically. Altcoin also turns red.

See screenshots of coinmarketcap!
I made an animation from BitUniverse.





In my opinion that this happened due to the hard fork Bitcoin Cash.
What do you think about this?

I do not think bitcoin cash can influence the market so much. We all know that the crypto market always has manipulative organizations and now whales are back. It is a new strategy and I think the market will fall again after 2 weeks. we should sell all altcoins now to prevent losses.

Selling all now will make you regret in the days to come. Prices have dropped a lot since yesterday and too late to let you think of the sale decision. Continue to hold and wait for the market to recover

[WackMack]

If you want to merge your assets at the bottom, think about who will buy them from you? Yes, those who sell them to you more expensive in a couple of weeks. Do not feed the whales and sit still.

[marshalljp]

From the looks of it, there was a liquidation of 12bn of $ in bitcoin, that together with the announcement of a fork of bch has brought a little fud in the market, that's why the price is going down so much, and if you need advice? buy, it's a good discount and I don't think it will last in that price for a long time, so take advantage and buy.

Don't mind if I do!