A month of bearish altcoin market? Why? - page 2.

Spoetnik

legendary

Activity: 1540

Merit: 1011

FUD Philanthropist™

Quote from: European Central Bank on October 05, 2016, 05:16:06 PM

Just goes to show how warped the poloniex scene is when people are asking why alts are going down. There is nothing on this earth that doesn't go down. There doesn't have to be a reason. It's a natural cycle, not that there's anything natural about the alt markets.

Patterns & Predictability all over the Altcoin scene..

This all operates in a rather simple fashion.

European Central Bank

legendary

Activity: 1288

Merit: 1087

Just goes to show how warped the poloniex scene is when people are asking why alts are going down. There is nothing on this earth that doesn't go down. There doesn't have to be a reason. It's a natural cycle, not that there's anything natural about the alt markets.

freshman777

sr. member

Activity: 406

Merit: 250

Quote from: Emperor of Man on October 05, 2016, 04:12:04 PM

Quote from: freshman777 on October 05, 2016, 11:19:02 AM

To kick off pussies from this train.

I sincerely hope that it happens.

It will. Natural selection.

Emperor of Man

hero member

Activity: 886

Merit: 510

Quote from: freshman777 on October 05, 2016, 11:19:02 AM

To kick off pussies from this train.

I sincerely hope that it happens.

Quote from: raphma on October 05, 2016, 12:19:05 PM

i would say two main factors:
1. bitcoin has a bull flag, big investors are getting out of altcoins to go long on btc(since 580~590usd).
2. a few projects have stolen market from other alts, for example, yesterday almost every altcoin were bleeding because of REP...

Nice points, thank you.

Quote from: Spoetnik on October 05, 2016, 02:34:07 PM

Because i predicted it and said it lots.

I was the only one by the way.

Quote from: Spoetnik on September 08, 2016, 02:50:04 AM

Winter is coming and school is back on.. so yeah Bears.

happens like this every year as Winter comes..
Which is why i recently made a topic called "Winter is coming"
..saying the same thing predicting it.

i dunno when ya all are gonna start listening up. i am always right Cool

You know, it's great that you finally accepted to be a FUDster (below your avatar I mean). Grin

laracna

member

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Tipsters Championship www.DirectBet.eu/Competition

because alts tend to go up or not fall when bitcoin price is up and to go down when btc price is stable or falling

Spoetnik

legendary

Activity: 1540

Merit: 1011

FUD Philanthropist™

Because i predicted it and said it lots.

I was the only one by the way.

Quote from: Spoetnik on September 08, 2016, 02:50:04 AM

Winter is coming and school is back on.. so yeah Bears.

happens like this every year as Winter comes..
Which is why i recently made a topic called "Winter is coming"
..saying the same thing predicting it.

i dunno when ya all are gonna start listening up. i am always right Cool

raphma

sr. member

Activity: 350

Merit: 250

i would say two main factors:
1. bitcoin has a bull flag, big investors are getting out of altcoins to go long on btc(since 580~590usd).
2. a few projects have stolen market from other alts, for example, yesterday almost every altcoin were bleeding because of REP...

Turbo2

newbie

Activity: 63

Merit: 0

I am wondering the same thing...And it's not just those smaller Alts that nobody has heard of, they are basically all affected including ETH and XMR Undecided

Meanwhile, BTC price has been flat past few days...

freshman777

sr. member

Activity: 406

Merit: 250

To kick off pussies from this train.

Emperor of Man

hero member

Activity: 886

Merit: 510

Hi.

This topic is created to discuss the reason of this bearish market we have had for a month or so... Huh

Why the hell is this happening? Most (if not all) of altcoins have been bloody red during last few weeks. Many valuable coins have crashed to price levels lower than their believed support or bottom levels (NAUT, XEM, BTS, STRAT, ...). The strange thing is that nobody has a good explanation for this. The only half-acceptable justification someone mentioned, is that people are afraid that maybe BTC will go up more, which hasn't happened yet...

So, what do you think is happening to alt market?

Topic: A month of bearish altcoin market? Why? - page 2. (Read 2184 times)