Bitcoin drops sharply and suddenly

[Bloc10Fintech]

• Bitcoin dropped sharply Wednesday, falling $500, or about 5%, in just over an hour.
  Other cryptocurrencies fell even more sharply, with both ether and Ripple's XRP losing about 12%.
  There does not appear to be a clear catalyst for the sell-off.

https://www.businessinsider.com/bitcoin-price-cryptocurrencies-drop-no-explanation-2018-9 [nofollow]

[Prime]

Right, this is very sad when I just opened the coin market. Look at bloodshed on coin market cap. I don't know what to do with my coins now. Confused whether I should sell it or keep it in place even though the market looks increasingly red.

[owmivmen]

The bear market continues. It's not the time for the bull market to arrive this month. we need to wait until market conditions recover. don't panic and stay patient.

[TERENCIO]

I just woke up and see this crash, which is totally bad. But whatever comes down must go back. Let's see, I am not whale just a hodler which hurt my bags very well.

[sibolis]

Yeah, I think this will makes everybody nervous especially newbie like me.  It's a bloodbath.

[Speaker]

There are no catalysts other than bad news and the desire of influencers and market makers to collapse the market and drag the cryptocurrency to the bottom !

[Zed0X]

This has been happening the past few months so it is not really surprising. The next 3 months is where I am expecting to see some real price movements. 

[cryptothief]

Tough times, and the starting line for an eagerly anticipated bull run keeps getting pushed back further and further. Not been a great year for most investors so far, and there's no signs that it's going to get better anytime soon. Not overly disappointed at this point as it lengthens the opportunity to bring in more funds at these reduced prices. I'd be happy if it stayed at this level - or even lower - till the end of the year, and then started a steady rise through 2019.

[legend45]

• Bitcoin dropped sharply Wednesday, falling $500, or about 5%, in just over an hour.
  Other cryptocurrencies fell even more sharply, with both ether and Ripple's XRP losing about 12%.
  There does not appear to be a clear catalyst for the sell-off.

https://www.businessinsider.com/bitcoin-price-cryptocurrencies-drop-no-explanation-2018-9

Yes I see, bitcoin drops sharply and suddenly. Keep calm. The market will green again soon.

[alfian141]

Right, this is very sad when I just opened the coin market. Look at bloodshed on coin market cap. I don't know what to do with my coins now. Confused whether I should sell it or keep it in place even though the market looks increasingly red.

yes it very very sad i lose money about 15%, but i will keep it until rise again.

[muneerashine]

I  felt bad really, I  mean last week  I thought it was the start of crypto again. The market crash suddenly  they might try to pull the price the BTC to 5k.

[dianadsouza]

Guys dont believe this kind of posts.

[boyplastic69]

With the current scenario, btc really had undergone a huge fall and I believe it is now under market adjustment. In the coming weeks, I think btc will be back again from $7K mark and the best thing to do right now is just simply hold your btc and wait for the recovery. Another option, buy btc this time since the price again is low then hold for good and always monitor the market from time to time.

[decrypto]

• Bitcoin dropped sharply Wednesday, falling $500, or about 5%, in just over an hour.
  Other cryptocurrencies fell even more sharply, with both ether and Ripple's XRP losing about 12%.
  There does not appear to be a clear catalyst for the sell-off.

https://www.businessinsider.com/bitcoin-price-cryptocurrencies-drop-no-explanation-2018-9

I think It is normal mate, It just crysis. The market of bitcoin will rise soon. I always believe it.

[dominoes]

We are at the thought times of bear market that makes us super and deeper think of when the market can recover. Don't lose your hope try and try and try to convince yourself that everything will be alright in the proper time.