This bloodbath shows that more than 95% altcoin holders were just speculators

[jeffytune]

If it's untrue then how all are in free fall?

No distinction of currency coins, privacy coins, tokens, blockchains, protocols, utilities etc.

All are falling.

[Kamidzy7]

Not quite so, I would say that there are large holders who speculators, and enough to have 30% of the market to nafig to collapse the market, as further instinct of the herd will begin to act, people in a panic will start to merge here and already 50-60% will fly away, only strong guys and large investors(who are not where not

[kipozer]

In most cases, altcoins can really be considered a speculative coin, which today still has a lot of positive aspects. It always happens in different ways, but sometimes it happens that altcoins can be considered a good start.

[mu_enrico]

If your definition of a speculator is about the people who sold his asset in a bear market, then almost all assets holder is a speculator. Stocks, gold, futures, etc., would have similar behavior. In every market, people are trying to get profit. In a bear market, this manifest into several strategies: (1) Sell low, buy lower if one already had the assets; and (2) Shorting (short-selling).

[halisakal]

If it's untrue then how all are in free fall?

No distinction of currency coins, privacy coins, tokens, blockchains, protocols, utilities etc.

All are falling.

wait to get onto frustration, it's not the end. don't you think there is a new step towards a bright future? probably it's just reforming itself in an expected manner and we all are bunch of panicking kids

[Adecrypt83]

I think this is not true, we should call a spade a spade. The situation of the market where only few whales dictate the state of the market per time has defeated the concept of decentralization. I can't blame those that are selling now because that's decision that most everyone will take even in traditional industry like Stocks and Gold. What an average investor is to sell and buy later if it get deeper.

[TwSeventh]

of course we are a speculators, only a handful people use cryptocurrency in their real life while the rest are using it as kind of investment to make a money.
and the reason why it fall this hard, because of speculators created a space for himself to speculate cryptocurrency's price.
what i mean is, the price gets manipulated by some people to create a fear and hesitation.
with that many people will speculate the price will go up or go down, by doing that the manipulator could take a position to gain a benefit from our current market and our speculation.
it could be prevented, as long as cryptocurrency has its own use in our reality. but now it does not

[qualitywork]

I am planning to buy coins for a long for cheaper prices to avoid my losses. I have cleared made intentions as once the market recovers and I see a good profit then I will sell all those coins, when I see the CMC it makes me very uncomfortable. So this is my new plan now.

[Noobaru]

Exactly, and this dip will weed out the week hands as I have been told everywhere and personally also think it is true. Only real investors with a vision and passion for what cryptos have to offer us, will stay. 

[lappa1414]

This is just another wave of panic, behind which are just these speculators. In order to catch up with the excitement of the masses and make them bring down the market even more

[Maknae09]

If it's untrue then how all are in free fall?

No distinction of currency coins, privacy coins, tokens, blockchains, protocols, utilities etc.

All are falling.

Everyone's knowledge I think is limited. We base our thinking on the current information that we have even though it is not that reliable, the information that is gathered is based on timeline and experiences. All are falling because of some reasons, either selling or dumping their cryptos, or there might be some hash problems.

[Eildosa]

In a situation like this, it's hard to control yourself. A lot of people just save their money so they don't have to stay with anything. There is no guarantee that all assets will be able to survive after such a fall, and so perhaps some should be sold now to at least something to save.

[drachman]

If it's untrue then how all are in free fall?

No distinction of currency coins, privacy coins, tokens, blockchains, protocols, utilities etc.

All are falling.

If anything this also showed to us that many of those that are holding bitcoin are also speculators and really do not believe in the technology behind it, but this is nothing new we have known from the beginning that many of those that have invested in this market do not really believe in it, the only thing that they want out of the market is to make a lot of money out of it.

[bitkanu]

If it's untrue then how all are in free fall?

No distinction of currency coins, privacy coins, tokens, blockchains, protocols, utilities etc.

All are falling.

And then did you never think where are you at? This is a speculation market and when you are enter this place and then most of people are speculators that wanna be the next rich person by speculating any coin. Even stock market is a speculation market too. I guess you must understand about that

[drmasa]

Top alts has not fall 95% so that statement don't have credibility! Maybe some scam shitcoins fall that much, but on the market nothing happened that technical analysis didnt predict!

[b3llsf1l3s]

If it's untrue then how all are in free fall?

No distinction of currency coins, privacy coins, tokens, blockchains, protocols, utilities etc.

All are falling.

I also think so, but at least with the price that keeps falling like this we can see how people respond to this. some holders complain, but not a few who still support crypto, maybe even to a certain extent. security and price fluctuations here now play an important role so that crypto can survive

[chabapok]

Too many investors dont have huge believes about crypto currencies. They are here for only earning money for short term because of that i think it can be not manipulation about altcoins. Maybe you have huge information about market cycles and i have huge info about that and experience. But there are too many newbies and they are selling their tokens with 30 40 percentage loss immediately. Because of that it can be not manipulation. There are too many newbies around still.

[adekogbe]

I don't think that's correct, because the postponement of bakkt means that people holding bitcoin have realized that there is no point holding in the short time anymore and since the value of a lot of altcoins works with the market sentimental of BTC &ETH, all the cryptocurrency will react in the same manner, which is dump in price

[batang_bitcoin]

Yes, there's no exception for this blood bath and we don't have any idea on how this is going to end.

This may take for few more months before the bull goes on toe to toe for the market but while watching the market, do you have any idea on how you should react with this? I'm starting to keep on buying with my preferred coins mostly goes for bitcoin and few for ETH at the cheapest.

[oneidentity]

This is just another wave of panic, behind which are just these speculators. In order to catch up with the excitement of the masses and make them bring down the market even more

I do not think that just such speculators stand behind such a strong fall. Most likely these are very serious, high-ranking officials who can lower the cryptocurrency market even lower than they are now.