Big dip here we come

[Jaephoenix]

The crypto market experienced a huge dip, with the charts bearing gifts of red candles for many of us, and about 10 billion wiped out of the market. Binance obviously had the lions share of the clean up with 90%.
I think the cause of the dip is an unconfirmed tweet stating SEC is investigating many projects. https://twitter.com/Fxhedgers/status/1383611847144730626?s=19
Was I right and whats your take?

[Freemind]

Let me say FUD. Where are the sources that confirm that the SEC is going to do what is said in that Tweet?. I've been looking for a few hours and I can't find any news that confirms that measure by the SEC, so I don't think anyone should trust a simple Tweet, until there is a solid confirmation this is FUD.

[MrSpasybo]

I don't think the tweet is a problem, it doesn't attach any data or any trustworthy source. I think this correction comes from the problem with the Bitcoin mining network in China, leading to the decline of the whole market.

[indexx]

The decline is sure to happen, but I believe it will not last long, just need to be patient to look forward to the revival of crypto again. Don't be too stressed about this kind of decline.

[jhm]

Think the above beat me to it, total FUD...need more information

[iloveyobit]

i mad a topic two day ago warning people from this trap and to be in a hope situation for a long time is risky but lot of members said that they didnt care about it because they thought bitcoin will reach 100k $ without any kind of correction and that was a mistake,lets see.

[Ferki]

The crypto market experienced a huge dip, with the charts bearing gifts of red candles for many of us, and about 10 billion wiped out of the market. Binance obviously had the lions share of the clean up with 90%.
I think the cause of the dip is an unconfirmed tweet stating SEC is investigating many projects. https://twitter.com/Fxhedgers/status/1383611847144730626?s=19
Was I right and whats your take?

200 Billions bro.
The sell-off was triggered by rumors that the US Treasury Department could step up action against the use of cryptocurrencies for money laundering, thats right, this is almost an official statement, so to speak, not only by twitter.
But I would only book 5% for it, I would ascribe the other 5-15% to leverage trading and the rest is FUD.

i mad a topic two day ago warning people from this trap and to be in a hope situation for a long time is risky but lot of members said that they didnt care about it because they thought bitcoin will reach 100k $ without any kind of correction and that was a mistake,lets see.

What trap? The bubble? The market just reacted irrationally, that wasn't even the expected correction that should come at some point. Of course you can write warnings after such a brilliant bull run, you don't do anything bad either, but all signals indicate that the bull run is not over yet.  But still +1 for warning us

[robert20]

This is a FUD and mostly responsible behind the recent big dump. Many people get panicked for this news and sell their crypto which made the market red. Mostly new people fall under this types of FUDs no one shoul believe such a big news without any stron evidence and confirmation.

[pacar_tiri]

The crypto market experienced a huge dip, with the charts bearing gifts of red candles for many of us, and about 10 billion wiped out of the market. Binance obviously had the lions share of the clean up with 90%.
I think the cause of the dip is an unconfirmed tweet stating SEC is investigating many projects. https://twitter.com/Fxhedgers/status/1383611847144730626?s=19
Was I right and whats your take?

Of course, I buy more tokens now. I think hug dip now and we will see big pump soon. So, I think It is the right time to buy. There are several potential coin that I bought. I believe it's just correction before the bullish. That's just my opinion.

[Senin]

The media has variously assessed the reason for today's essential fall in the cryptocurrency market.
Some write that the fall in bitcoin occurred after rumors appeared that the US Treasury intended to take harsh measures against financial institutions for money laundering using cryptocurrencies.
Others wrote that the sharp drop in the bitcoin rate was triggered by the imposition of US sanctions against 28 cryptocurrency bitcoin addresses, which are accused of involvement in meddling in last year's presidential election.
We are unlikely to know the exact reason. Each of them could partially affect the current state of the market.

[Bobcrypto]

In my opinion, I don't think every price dip or dump is associated with any form of news from the social media platform. The market has experienced several dip, dump, corrections this year and it must have been for one reason or another. This situation is part of the crypto market trends and shouldn't be seen as the clamp down by SEC for certain offences or the others. However, there are many reason  for the market going dip, and one of these reasons is a sell off or profit taking periods.

[Vladok]

I think that this failure will not last long and soon the exchange rate will come back, I still do not understand what caused the fall in the whole market

[Crypto Guard]

I think the decline that is happening right now is not a big dip, but just an ordinary thing. which the market will definitely recover soon. I'm sure 2021 will be very different from the previous year. because the trend has changed.

[gunhell16]

The crypto market experienced a huge dip, with the charts bearing gifts of red candles for many of us, and about 10 billion wiped out of the market. Binance obviously had the lions share of the clean up with 90%.
I think the cause of the dip is an unconfirmed tweet stating SEC is investigating many projects. https://twitter.com/Fxhedgers/status/1383611847144730626?s=19
Was I right and whats your take?

The as stated in Twitter was obviously for me is just a piece of Fake news or FUD.
It is only a caption actually but no definite source link where the SEC really saying it. Where did you get this
information anyway mate? can provide us here the link for this one? thanks

[Freemind]

No big dip, the correct word is correction. People who freak out every time the market receives a correction should learn more about how it works, they shouldn't start running around in circles yelling that there's a big slump because someone has made a pointless Tweet. The corrections are good and necessary, do not believe the first thing you read out there, you must contrast the information.