Quote from: Haunebu on February 04, 2018, 02:34:57 PM

Quote from: DrBitcoin on February 04, 2018, 01:11:54 PM

Quote from: Bezobraznike on February 02, 2018, 11:09:25 AM

How it is possible for all of them to go down? I can not find logical
answer. If they are have different chains, different communities, what
is happening for second that that can affect all the markets and all the
coins, what is that strong?
If you do not have a clue, please restrain yourself from commenting.
I would like to see and read answers from people who might know
something more, thanks in advance.

I think this may be the easiest question ever to answer. Just look at what happened to bitcoin in November and December. It had unsustainable parabolic growth. Too many new, uninformed investors came in to make a quick buck. The system got overloaded, throw in tons of negative news stories about regulation, etc...and these newbies fled like rats on a sinking ship. Veteran Whales didnt want to see their unrealized gains evaporate, so they moved their money into tether or USD. The Sell orders overtook the Buy orders massively...and it tanked.

Am I talking about 2014? Or 2018? Its hard to say because this is the same exact situation just with a lot more 000s. Nobody can predict the future...but my guess is everything recovers eventually. If history repeats itself we may be looking at 2-3 years. Anybodys guess.

Well said. I highly doubt that it will take 2-3 years for the market to recover based on past history since I am very confident that bitcoin and the entire crypto market will recover in the coming few months and I also believe that Bitcoin will touch $40,000 by the end of this year. The integration of the Lightning Network and the mass adoption of segwit wallets will most likely help Bitcoin and the entire crypto market recover in the near future.

The growth trend assures a huge pump after such huge correction as per coinmarketcap.com. we had the same issue in 2015 where the correction last for more than 400 days plus loosing $1100 and you know it stared again from scratch and in less than 300 days, bitcoin value has gone to $2500k plus. So never waste time in selling out when such corrections occur. Try investing in more and utilize this situation to gather more crypto coins including bitcoin.