BLACK WEDNESDAY!

[Eirecoin]

Not only the bitcoin prices are falling all the top 100 cryptocurrencies are falling! (with the exception of USD coin, TrueUSD and Paxos Standard Token). Are we seeing the beginning of the end of bitcoin and the cryptocurrencies?... The people are losing a lot of money they are panicking and scared. What this could be all about?

Take a quick look at https://coinmarketcap.com/ and watch for yourself how the top 100 are falling and tell me what you think

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[akeegan]

yea the prices are falling but don't let it discourage you. HODL

[dead_m92]

Well most of us have been hearing that phrase for more than months, and years already. I don't doubt it, because i know that bitcoin is here and will always be in here, for more than years.

Anyway, this is more than descouraging for newbies, specially for all those that don't have a huge capital.

But, lets be honest, it was obviously gonna happen after the huge bullrun of last december

yea the prices are falling but don't let it discourage you. HODL

[Lizzylove1]

I am expecting some analyst to come up with a possible explanation for this. No smoke without fire, some persons are privy to what some of us don't know. This is surely not the end for Cryptocurrency. The market may soon suddenly turn north. It's really a "black Wednesday" indeed. Folks are weeping, take heart people for the sun shall rise ago.

[Flagship11]

Yes it was most certainly a painful and expensive type of day.
But not all days will be good ones, which is something I learned early last year.

[Al-e_x]

this is not the end of the crypto world, there is still a bitcoin inventory and that means bitcoin travel is still long.

every bitcoin decline will be a dark history in the world of crypto, and the increase in bitcoin will also be a good history, and we will always remember every bullish trend that occurs at the end of 2017.

bitcoin falls, and altcoin also falls, but there are some good altcoins that maintain their value.

[smartbitcoininvestor]

Right now would be a good time to buy. If you bought at a high price you could dollar cost average your way down. I am in it for the long haul and I think Bitcoin is a great investment for storing value, especially considering its progress and potential value.

[Bountyhonter]

Don't let the Bitcoin price discourage you, if you've bought Bitcoin before it dipped then hodl and if you've not now is a good time to buy because the bull run is coming

[dothebeats]

It happened way too fast. Right now, I'm still scrambling to get a good grip on the market and trying to get all my buy orders conplete. This is an opportunity to average down my buys ($6100 atm) and to get a better position in the long-term market. Also, a flash crash don't usually mean the end for a crypto. This has happened way often in the past and we're still here apparently.

[reynald70]

Yes, really very concerned about the price of Bitcoin at this time, the price of Bitcoin is currently falling quite deep from $ 6,200 to $ 5,500, whatever causes of current BItcoin prices fall, I myself predict that when year-end prices always rise, this is the opposite, is there bad news for Bitcoin so that prices decline?

[Myown55]

HMMMMMMM! The market is all red, what a day. Bitcoin has dropped drastically- i am still striving to understand the cause of the sudden reduction in price. However, I am giving up. The market will get better soon.

[marcbitcoins]

Not only the bitcoin prices are falling all the top 100 cryptocurrencies are falling! (with the exception of USD coin, TrueUSD and Paxos Standard Token). Are we seeing the beginning of the end of bitcoin and the cryptocurrencies?... The people are losing a lot of money they are panicking and scared. What this could be all about?

Take a quick look at https://coinmarketcap.com/ and watch for yourself how the top 100 are falling and tell me what you think

With this current development, most of the crypto users are now close minded about the awaited bullish run for this year that it will never going to happen but perhaps this  is just another market manipulation so that the big whales will be able to buy the cheapest price. I will continue to hold and wait until next year.

[Zixy]

As soon as I looked at the topic, I knew exactly what this was about 

[fulled]

Losing 2k usd in value last night, nash war is make me little sad, i dunno till when this drama will continue, all crypto stakeholder should be unite, not battling each other like this

[joykulot]

For me, I am not worrying. Because I know it will pump soon. Low price is normal, I still believe in bitcoin. This is the best time to buy more and hold it until it will pump.

[chipzeru]

Not only the bitcoin prices are falling all the top 100 cryptocurrencies are falling! (with the exception of USD coin, TrueUSD and Paxos Standard Token). Are we seeing the beginning of the end of bitcoin and the cryptocurrencies?... The people are losing a lot of money they are panicking and scared. What this could be all about?

Take a quick look at https://coinmarketcap.com/ and watch for yourself how the top 100 are falling and tell me what you think

I'm surprised that bitcoin lost more than 10% of its value in just a day. I know that crypto market has high volatility but it's kinda rare for bitcoin to lose that much value in a day. Looks like the bull run won't be happened in this year. I hope crypto user will stay calm, don't buy the FUD and keep HODL.

[cpoer2011]

Yes, you can called it the Black Wednesday or maybe the Bloody Wednesday because Bitcoin down very hard and Top 100 coins follow the Bitcoin to fall hard like that. But, I am sure that Bitcoin will rise up again and the others will follow. Fingers crossed.

[pooya87]

this has always been like this. altcoins may no follow bitcoin up but they damn sure follow it when it drops. and now that bitcoin had dropped a little, it has initiated a mass altcoin dump which led to each altcoin losing a large percentage of its price and as it grows the bag holders panic more and dump more.

beginning of the end? are you joking!

[aray80]

I feel what you think and what I know is that bitcoin must have the intention to reach the lowest demand base and then go to the highest point of the bid price because to jump higher requires a different distance

[Kakmakr]

You can thank Roger Ver and Craig Wright for this drop in the price. The confusion started when speculators saw media statements about a war between Bitcoin Cash groups over the fork. They somehow made a link between Bitcoin <BTC> and Bitcoin Cash <wonder why?> and they thought the price of Bitcoin <BTC> will drop because of this fork. 

Speculators have no clue about the technicalities and differences between Bitcoin and Bitcoin Cash, so any instability will cause them to panic and when they panic, they sell. 

This Bitcoin <BTC> and Bitcoin Cash thing is destroying everything in Crypto currencies.