WOW ! Almost the Whole Crypto Market is Dumping !! Why ? 🤔

in smartcryptotrader •  7 years ago  (edited)

Screen Shot 2018-01-10 at 05.56.52.png

Almost the whole Market is Dropping these are not common panic sellers Dips

it's seems something else

maybe a Sign is Something Big 🙄

i Can't Figure that out Why everything is Going down together which is not a really Good sign

let me know if i'm missing something !

Market Cap Still above 700+ Billion tho

i know everyone have this Question so doesn't mean i won't have that and this is not to make you Panic 🤔

Make sure you have stop losses and recently we ahd bad news of china miners and microsoft stopping bitcoin payments .........

not really sure what's the reason of we going for the whole market correction 🤔

If you Like Do UpVote and Comments your thoughts or if you follow let me know ......

Make Sure to Follow me on Steemit and here on Facebook

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

This is happening due to crashing of ripple. "The reason ripple is surging so much is it's a bubble," said Erik Voorhees, CEO of digital asset exchange ShapeShift and a vocal advocate for Bitcoin as a way to separate money and the state. "Testing crypto with banks doesn't make sense. The whole idea of crypto is you don't need a bank.” Banks can easily increase or decrease Ripple price.

Tank you so much for sharing that :)

Anybody kmows why market is down?

i'm looking for solid answer too :)

I think its just a trick to get cheap bitcoin for the big whales. However, I may guess bitcoin will be blast very soon it may happen within 3-4 days.

As of today i have done my research its just triggered the panic sellers that we should be CAUTIOUS in crypto market .So that the traders are booking their profit in a huge amount .which dumped the market around 20% but on other hand the market recovered a from that 20% dump.

Go NEO go! 🐜😄

Hey Arslan, I think if this goes more south, then it might be the first 'crash' or 'correction' of the new generation of crypto traders and investors and it might not turn out good. They haven't experienced the older 'crashes' before and might all just do alot of panic selling. So i guess we can only wait and see...

what you think , kahan tak bitcoin price dump ho gi?

Bitcoin as long as holding 14k + it's safe dropping below that is not safe

ok

Go ETC go :D <3

What do you think june 2017 will revise itself?

arslan ur analysis is good .. :) i also like ur signal ..

only reason to market is south corea because south corea is one biggest country that use cryptocurrency and recently there 6 local banks under investigate and trading not happening there ..

There are multiple reasons though........but it's consolidation of Bitcoin I suppose.

bitcoin is taking down all other crypto!

Ok brother waiting and will buy again from dip

Thank you

The reason ripple is surging so much is it's a bubble," said Erik Voorhees, CEO of digital asset exchange ShapeShift and a vocal advocate for Bitcoin as a way to separate money and the state. "Testing crypto with banks doesn't make sense.