Crypto-crash Triggers Panic among Investors By Investing.com

Crypto-crash Triggers Panic among Investors

Saved. See Saved Items.

This article has already been saved in your Saved Items

Now Playing

Crypto-crash Triggers Panic among Investors

Jan 17, 2018 11:54AM ET

Now Playing

Vintage train gets tourists on track amid UK rail chaos

Jun 24, 2018 03:51PM ET

Now Playing

Uber appeal, EU summit, Mexico election

Jun 24, 2018 01:43AM ET

Now Playing

Eurozone reaches agreement on Greek debt deal

Jun 22, 2018 02:42PM ET

Now Playing

How Norway Reinvented Prison

Jun 22, 2018 02:11PM ET

Now Playing

Priyanka Chopra And More Talk Business And Careers At Forbes'...

Jun 22, 2018 12:00PM ET

Now Playing

Brexit: John Lewis and Siemens warn government

Jun 22, 2018 10:49AM ET

Now Playing

Top Schools, Degrees For CEOs

Jun 22, 2018 08:31AM ET

Now Playing

How China Can Fight Back Against Trump Trade Tariffs

Jun 22, 2018 07:37AM ET

Now Playing

EU commissioner calls end to Greek crisis

Jun 22, 2018 01:48AM ET

Now Playing

Recognizing Lisa Woll's Contributions To Sustainable Impact...

Jun 21, 2018 05:51PM ET

Now Playing

China Might Be Ending Its Child Limit. Here's Why.

Jun 21, 2018 05:20PM ET

Now Playing

Bank job: artists print money to pay off £1m of payday debt

Jun 21, 2018 05:15PM ET

Now Playing

The Glamorous Life of a Pro Gamer

Jun 21, 2018 10:22AM ET

Now Playing

South Korea to Review Security at Crypto Exchanges after Bithumb...

Jun 21, 2018 09:46AM ET

Now Playing

Wall Street Firm Downgrades Intel Over Server Market

Jun 21, 2018 09:17AM ET

Now Playing

Gold's Slump May Be Far From Over

Jun 21, 2018 06:50AM ET

Now Playing

Report: Majority of Wealthy Investors Interested In...

Jun 21, 2018 04:11AM ET

Now Playing

Trump says North Korea has returned the remains of 200 POWs

Jun 21, 2018 01:34AM ET

Now Playing

Trump tells supporters US border will remain 'tough'

Jun 21, 2018 12:11AM ET

Investing.com - Cryptocurrencies continued to selloff on Wednesday amid one of the most severe routs of recent years sparked by fears of a regulatory crackdown.
Bitcoin was down as much as 12% at $10,000 on Wednesday. It had traded as high as $14,394 on Monday.
Ethereum plummeted from a high of $1,401 on Sunday to $977.53 on Wednesday.
Ripple dropped from $2.02 to $1.17 over the same period.
The painful declines in prices sparked concern amid investors.
The mood across online boards where enthusiasts discuss cryptocurrencies was a mixture of resilience and despair.
To be in bitcoin and cryptocurrency, is to be in the wild wild west. Only the strong survive. Don’t think in the short term, always think long term,” said one user on Reddit.
Other users posted to the Bitconnect subreddit that they had invested large sums and had taken a heavy financial blow due to the steep price declines.
Cryptocurrency prices have come under pressure following reports that South Korea may be preparing to ban trading of virtual currencies on domestic exchanges. The country is one is one of the largest markets for major coins like bitcoin and ethereum.

Add a Comment

We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:

Enrich the conversation
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically.
Use standard writing style. Include punctuation and upper and lower cases.
NOTE: Spam and/or promotional messages and links within a comment will be removed
Avoid profanity, slander or personal attacks directed at an author or another user.
Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
Only English comments will be allowed.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

I have read Investing.com's comments guidelines and agree to the terms described.

I Agree

Write your thoughts here

Are you sure you want to delete this chart?

Delete Cancel

Post

Post also to:

Replace the attached chart with a new chart ?

Replace Cancel

1000

Comment Guidelines

Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

Please wait a minute before you try to comment again.

Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.

Comments

Stefanus Xiao Jan 17, 2018 3:08PM ET

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

Thank God , this Is good news

0 0

Thomas McNerney Jan 17, 2018 1:59PM ET

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

Is anybody, anybody at all, surprised?

0 0

Sung Hoon Park Jan 17, 2018 12:56PM ET

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

I dont think korea governments is going to ban Cryptocurrency trading. Government worry about vote in june 300milillion people trading in korea And if they ban those people is not going vote them. What i know is government trying make law so they have meeting with Crytocurrency expert these day. Dont worry about ban in korea.

0 0

Jimmy Daruwala Jan 17, 2018 12:56PM ET

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

But what about China....they were one of the biggest crypto users

0 0

Jorge Arenas Jan 17, 2018 12:47PM ET

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

even after this drops there is not real value to back up these prices, so buying now is like playing casino....

0 0

Sbusiso Shabangu Jan 17, 2018 12:32PM ET

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

I wish it could be below 10k for next 6 weeks. So the broke ones like us can get money to go long.

0 0

Jordan Ball Jan 17, 2018 12:32PM ET

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

You can go long with less than 100$ and be a crypto millionaire!

0 1

Jordan Ball Jan 17, 2018 12:32PM ET

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

You can go long with less than 500$ and be a crypto millionaire if you learn how to invest correctly!

0 1

Harry Woods Jr Jan 17, 2018 12:32PM ET

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

Pretty sure, south Korea banned crypto exchanges... they were ahead of the u.s. in activity, an money invested in bitcoin... Now that they are out of bitcoin, bitcoin is going to $4,000, maybe $5000... if crypto keeps the momentum with other countries.... there is NO way the U.S. is going to sustain a price above $10,000 a bitcoin .... remember bitcoin's price Revolves around how many there are, amount of businesses accepting btc, an buying, selling, and trading.... now that Christmas is over, people don't have any money anyway.... Bitcoin is going down!!!!!

0 0

Sbusiso Shabangu Jan 17, 2018 12:31PM ET

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

It's time to buy.

0 0

Kiefer Zang Jan 17, 2018 12:12PM ET

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

The bitconnect subreddit posters lost everything because bitconnect exit scammed, not just because of the price drop

0 0

Michael Bloomberg Jan 17, 2018 12:12PM ET

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

Wait it fall again some -75%. then buy two times more from 2,500 USD to 1 millions USD.

0 0

ATA BENGULURU Jan 17, 2018 12:12PM ET

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

Day dreaming....watch out for $7600, below that... U will never know what hit you,!

0 0

nn tun Jan 17, 2018 12:05PM ET

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

Next will it will be up 20%..time to buy

0 0

Ben Samlot Jan 17, 2018 12:05PM ET

Save

Saved. See Saved Items.

This comment has already been saved in your Saved Items

Block User

I agree it's time to buy Next it will be up 500 %

0 0

<div id="comment">
				<div class="comment js-comment" data-comment-id="{commentID}" id="comment-{commentID}" data-user-id="202323389">
    <div class="mainComment js-content">
       <div class="commentInnerWrapper">
        <a href="{userLink}" class="js-user-link"><img src="{userImage}" width="33" height="33" alt="{usernameAlt}" class="img"></a><div class="commentBody">
                					<span class="commentUsername">
                    	<a href="{userLink}" class="js-user-link js-user-name">{username}</a>
					</span>
                                <span class="js-date" comment-date="{dateFormat}" comment-date-formatted="{dateFormatted}" title="{dateTitle}">Just Now</span>
                <div class="commentDropDown js-commentDropDownWrapper " data-user-id="202323389">
	<div class="flag js-flag">
		<a href="javascript:void(0);" id="commentFlag_{commentID}">
			<span class="commentFlagIcon " title="Report"></span>
		</a>
	</div>
	<a href="javascript:void(0);" class="threeDotsIconSmall js-thinDropdownArrow"></a>
	<div class="tooltipPopup commentActionsPop noHeader js-commentDropDownOptions displayNone">
		<div class="addRow js-option share">
			<a href="javascript:void(0);" class="js-commentSharePopup" data-cid="{commentID}" data-curl="{commentLink}"><span class="smallShareIcon middle"></span>Share</a>
		</div>

<div class="addRow js-option save">
		<a href="javascript:void(0);" class="js-save-item-btn" data-item-type="comments" data-item-id="{commentID}">
			<i class="saveItemBigIcon middle"></i>
			Save		</a>
	</div>
	<div class="addRow saveItemsConfirmation noHover displayNone js-saveItemResult">
		
<div class="content js-saveItemSuccess displayNone">
	<span class="mediumGreenSuccessIcon"></span><span>Saved. See <a href="/members-admin/saved-items" target="_blank">Saved Items</a>.</span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
<div class="content js-saveItemAlreadySaved displayNone">
	<span>This comment has already been saved in your <a href="/members-admin/saved-items" target="_blank">Saved Items</a></span>
	<a href="javascript:void(0);" class="bugCloseIcon js-close"></a>
</div>
	</div>

<div class="addRow js-option blockUser js-block-option" data-comment-id="{commentID}"  data-user-id="202323389">
			<a href="javascript:void(0);">
				<span class="blockIcon middle"></span>Block User			</a>
		</div>
				<div class="addRow shareButtons js-sharePopup displayNone">
			<div class="js-shareComment"><span class="js-shareCommentSpan"></span></div>
		</div>
	</div>
</div>
                 <div class="commentAuthor js-comment-by-author"><span class="commentAuthorIcon"></span>Author's response</div>             </div>
		<div id="commentText-{commentID}" class="js-text-wrapper commentText withImage">
							<div id="commentBigChart{commentID}" class="commentBigChart js-comment-chart" onclick="openViewChartPopup('{commentID}')">
					<img src="https://d1-invdn-com.akamaized.net/comments_images/{commentImage}" alt="{commentAlt}">
					<i class="newMagnifyChartIcon"></i>
				</div>
						<span class="js-text">{commentContent}</span>
			<div class="clear"></div>
							<div class="commentButtons js-not-master-user">
					<a href="javascript:void(0)" class="reply js-reply-btn" data-real-parent-id="{commentID}" data-to-user-name="{username}" data-to-user-id="202323389">Reply</a>
					<div class="inlineblock likeDislikeBox js-like-dislike-box" data-item-id="{commentID}">
	<input class="js-like-checkbox" type="checkbox" name="option" value="Yes" id="like_{commentID}">
	<label for="like_{commentID}" class="like" title="I agree"></label>
	<span class="numOfLikes js-like-count lighterGrayFont">0</span>
	<input class="js-dislike-checkbox" type="checkbox" name="option" value="No" id="dislike_{commentID}">
	<label for="dislike_{commentID}" class="dislike" title="I disagree"></label>
	<span class="numOfDislikes js-dislike-count lighterGrayFont">0</span>
</div>

</div>
					</div>
	   </div>
	</div>
	</div>			</div>
			<div id="reply">
				
    <div class="commentReply js-comment js-comment-reply" data-comment-id="{commentID}" id="comment-{commentID}" data-user-id="201084233">
		<div class="commentInnerWrapper"><a href="{userLink}" class="js-user-link"><img src="{userImage}" width="33" height="33" alt="{usernameAlt}" class="img"></a><div class="commentBody js-content">
            				<span class="commentUsername">
					<a href="{userLink}" class="commentUsername js-user-link js-user-name" onMouseOver="">{username}</a>
				</span>
                        <span class="js-date" comment-date="{dateFormat}" comment-date-formatted="{dateFormatted}" title="{dateTitle}">Just Now</span>
			 <div class="commentAuthor js-comment-by-author"><span class="commentAuthorIcon"></span>Author's response</div> 			<div class="commentDropDown js-commentDropDownWrapper " data-user-id="201084233">
	<div class="flag js-flag">
		<a href="javascript:void(0);" id="commentFlag_{commentID}">
			<span class="commentFlagIcon " title="Report"></span>
		</a>
	</div>
	<a href="javascript:void(0);" class="threeDotsIconSmall js-thinDropdownArrow"></a>
	<div class="tooltipPopup commentActionsPop noHeader js-commentDropDownOptions displayNone">
		<div class="addRow js-option share">
			<a href="javascript:void(0);" class="js-commentSharePopup" data-cid="{commentID}" data-curl="{commentLink}"><span class="smallShareIcon middle"></span>Share</a>
		</div>

<div class="addRow js-option blockUser js-block-option" data-comment-id="{commentID}"  data-user-id="201084233">
			<a href="javascript:void(0);">
				<span class="blockIcon middle"></span>Block User			</a>
		</div>
				<div class="addRow shareButtons js-sharePopup displayNone">
			<div class="js-shareComment"><span class="js-shareCommentSpan"></span></div>
		</div>
	</div>
</div>

</div>
		<div id="commentText-{commentID}" class="js-text-wrapper commentText withImage">
							<div id="commentBigChart{commentID}" class="replyBigChart displayNone js-comment-chart">
					<img src="https://d1-invdn-com.akamaized.net/comments_images/{commentImage}" alt="{commentAlt}">
					<i class="newMagnifyChartIcon"></i>
				</div>
				<span id="commentSmallChart{commentID}" class="commentSmallChart pointer js-comment-chart" onclick="openViewChartPopup('{commentID}')">
                    <img src="https://d1-invdn-com.akamaized.net/comments_images/{commentImageSmall}" width="116" height="52" alt="{commentAlt}">
                    <span class="chartMagnifyOverlay displayNone"></span>
                    <span class="searchGlassIcon chartMagnify displayNone"></span>
                </span>
						<span class="js-text">{commentContent}</span>
			<div class="clear"></div>
							<div class="commentButtons js-not-master-user">
					<a href="javascript:void(0)" class="reply js-reply-btn" data-real-parent-id="{commentID}" data-to-user-name="{username}" data-to-user-id="201084233">Reply</a>
					<div class="inlineblock likeDislikeBox js-like-dislike-box" data-item-id="{commentID}">
	<input class="js-like-checkbox" type="checkbox" name="option" value="Yes" id="like_{commentID}">
	<label for="like_{commentID}" class="like" title="I agree"></label>
	<span class="numOfLikes js-like-count lighterGrayFont">0</span>
	<input class="js-dislike-checkbox" type="checkbox" name="option" value="No" id="dislike_{commentID}">
	<label for="dislike_{commentID}" class="dislike" title="I disagree"></label>
	<span class="numOfDislikes js-dislike-count lighterGrayFont">0</span>
</div>

</div>
			
		</div>
		</div>
    </div>
			</div>
			<div id="show-more-comments">
				<a class="showMoreComments block">
					<span class="arial_12 showArrowafter">Show more comments (<span class="js-amount"></span>)</span>
				</a>
			</div>
			<div id="show-more-replies">
				<a class="showMoreReplies block">
					<span class="arial_12 showArrowafter">Show more replies (<span class="js-amount"></span>)</span>
				</a>
			</div>

Are you sure you want to delete this chart?

Delete Cancel

Post

Replace the attached chart with a new chart ?

Replace Cancel

1000

Comment Guidelines

Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.

Please wait a minute before you try to comment again.

I feel that this comment is:

Spam

Offensive

Irrelevant

Thank You!

Your report has been sent to our moderators for review

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

S&P 500 Futures	2,747.75	-11.75	-0.43%
Nasdaq Futures	7,193.50	-29.25	-0.40%
Dow 30	24,580.89	+119.19	+0.49%
SmallCap 2000	1,683.21	-5.74	-0.34%
S&P 500 VIX	13.77	-0.87	-5.94%
DAX	12,579.72	+67.81	+0.54%
US Dollar Index	94.18	-0.01	-0.01%
Bitcoin Futures	6,135.0	+115.0	+1.91%

Gold	1,272.30	+1.60	+0.13%
Silver	16.410	-0.049	-0.30%
Copper	3.060	+0.011	+0.36%
Crude Oil WTI	68.35	-0.23	-0.34%
Brent Oil	73.97	-1.35	-1.79%
Natural Gas	2.925	-0.020	-0.68%
US Cotton #2	85.52	-0.82	-0.95%
US Coffee C	117.03	+0.81	+0.70%

EUR/USD	1.1657	+0.0003	+0.03%
USD/JPY	109.51	-0.46	-0.42%
USD/CAD	1.3290	+0.0022	+0.17%
GBP/USD	1.3262	-0.0002	-0.02%
USD/MXN	20.0880	+0.0688	+0.34%
AUD/USD	0.7428	-0.0018	-0.24%
USD/BRL	3.7854	-0.0009	-0.02%
USD/RUB	62.8773	0.0000	0.00%

BTC/USD	6,143.9	+35.9	+0.59%
ETH/USD	450.30	-18.25	-3.89%
BCH/USD	744.32	-7.28	-0.97%
IOT/USD	0.97525	-0.04785	-4.68%
LTC/USD	79.820	-2.130	-2.60%
XRP/USD	0.47413	-0.00901	-1.87%
BTC/EUR	5,289.9	+36.0	+0.69%
DASH/USD	238.49	-3.47	-1.43%

Crypto-crash Triggers Panic among Investors

Related Articles