Crypto price drop

[VanGogh]

https://www.marketwatch.com/story/cryptos-tumble-on-news-japanese-exchanges-ordered-to-improve-practices-2018-06-22

[ReXRP]

I don't understand why people are selling at this news? To me, it's good news and only makes the space stronger.

 

[Raekwon]

Don't believe what you read. It's all manipulation, it won't change as long as the market is not more strictly regulated. Harsh reality.

[mm34505]

BTC running the show

[XRPto50dollars]

fearful investors need to figure out if they invested in XRP or the entire crypto market? I dont recall there being a coin called, "Entire-Market". 

XRP is dropping because the market is dropping. same with btc, eth, etc

also, fearful investors shouldnt have invested in the first place if they dont have a clue what theyre doing.

[Mmonriver]

Strong hands ladies and gents. Winter is coming but weather the storm, (X)Spring will soon be here.

[mm34505]

4 minutes ago, XRPto50dollars said:

fearful investors need to figure out if they invested in XRP or the entire crypto market? I dont recall there being a coin called, "Entire-Market". 

XRP is dropping because the market is dropping. same with btc, eth, etc

also, fearful investors shouldnt have invested in the first place if they dont have a clue what theyre doing.

Is it XRP against the world now lol

 

well it always has been /s

[XRPto50dollars]

1 minute ago, mm34505 said:

Is it XRP against the world now lol

 

well it always has been /s

its always your investment against the world. and for someone else, its their investment against their world.

Edited June 22, 2018 by XRPto50dollars

[Kpuff]

I don't think it's normal investors selling I think it's the bigger players selling at higher BTC prices. And buying them back a few minutes later for profit. At least I hope it's not normal investors 

[Mods_are_tyrants]

As the pundit said "no interest" selling is bound to happen again (paraphrased).

Funny last week a crypto fund picking Alt coins under performed BTC.

Coins can't individually move anymore very depressing.

[Mods_are_tyrants]

23 minutes ago, Mmonriver said:

Strong hands ladies and gents. Winter is coming but weather the storm, (X)Spring will soon be here.

Thought is was xRapid are we just jumping to the next one now xSpring and xCoil lol.

[Tripple]

This is just Wall Street raping the crypto-sphere for all it's got... Look at the correlations between long futures liquidations and these insane sell offs, there's no coincidence here.

I don't think any particular item of 'news' is responsible for these drops, rather; it just tempers the underlying sentiment of the market (which at the moment is largely negative anyway).

[Mmonriver]

Merely trying to lighten the mood during a tough day. Don't read too much into it. 

[Flintstone]

Up or down is quite exciting. Anything but sideways!

Im sure it’ll rinse - repeat until regs establish. We’ll be complaining of boring charts then.