All altcoins dumping at the moment. - page 3.

btcdiggingmaster

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Quote from: AleSergio on September 16, 2017, 10:09:15 AM

Quote from: nelmari on September 16, 2017, 09:56:27 AM

Price correction was done already, this drop is due to the news China has brought us. Mostly negative news that's why bitcoin and most of the altcoins are dumping recently but don't loose hope yet, it'll regain back and increase back its price.

It can still go both ways, we can see another dump to 2700$ or if the bulls will wake up and turn around this market in a week or two we will be back to 4500$+

Nothing is predictable in the market because China is creating a lot of panic in the market, so once if they release any positive news about the market then the price of Bitcoin will start moving again.

PranDoW

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Quote from: denny27 on September 23, 2017, 02:48:49 AM

Well all the cause is the latest news in China which that lately shocked to many peoples and weaken the prices of all Altcoins. This certainly has been known to many peoples, and the disappointment of them will be really so felt including me. We can only hoping that's everything affecting the prices of all altcoins become down is lost and the prices of all Altcoins will be increasing again.

Some unexpectable news, correction, pumps, dumps all these always interect with crypto market

denny27

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Well all the cause is the latest news in China which that lately shocked to many peoples and weaken the prices of all Altcoins. This certainly has been known to many peoples, and the disappointment of them will be really so felt including me. We can only hoping that's everything affecting the prices of all altcoins become down is lost and the prices of all Altcoins will be increasing again.

namini

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I'm not entirely sure the drop is related to china

XCANA

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Altcoins cannot remain at the same market value when Bitcoin which they depend on is currently falling. The proclamation of a ban on the activities of crypto currency by the Chines government has affected bitcoin value and that is why all other altcoins are declining in value at the moment.

bazar111

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It depends on the coin.

tanghere02

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For as long as bitcoin is going down, most of the alternate coins as well are going down with bitcoin. It has a huge impact most especially with altcoins but hopefully will soon recover after all of this negative news against bitcoin. First it was about China and now Jaime Dimon has a lot to say negative about bitcoin and it's going down again further more.

Bidnant

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Quote from: BTCmax24 on September 22, 2017, 09:32:42 AM

There are other reasons why there are downtrend on crypto price for example Mr. Dimon warned that governments will eventually crack down on cryptocurrencies and will attempt to control it by threatening anyone who buys or sells bitcoin with imprisonment, which would force digital currencies into becoming a black market. These are the latest comments from Dimon attacking bitcoin. Earlier this month he called the cryptocurrency a "fraud". His comments, along with several prominent hedge fund investors, came before a sharp sell-off in bitcoin. The price for one bitcoin fell from around $4,340 to as low as $2,981.05 in the days after his comments.

I think Jamie Dimon will be punished by manipulating the coin market.

BTCmax24

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There are other reasons why there are downtrend on crypto price for example Mr. Dimon warned that governments will eventually crack down on cryptocurrencies and will attempt to control it by threatening anyone who buys or sells bitcoin with imprisonment, which would force digital currencies into becoming a black market. These are the latest comments from Dimon attacking bitcoin. Earlier this month he called the cryptocurrency a "fraud". His comments, along with several prominent hedge fund investors, came before a sharp sell-off in bitcoin. The price for one bitcoin fell from around $4,340 to as low as $2,981.05 in the days after his comments.

tbterryboy

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Quote from: Golftech on September 16, 2017, 10:28:15 AM

Quote from: nelmari on September 16, 2017, 09:56:27 AM

Price correction was done already, this drop is due to the news China has brought us. Mostly negative news that's why bitcoin and most of the altcoins are dumping recently but don't loose hope yet, it'll regain back and increase back its price.

don't assess too much mate this market still can be influenced by the big players alts coins are affected due to the fact of panic sellers, as we knew
that china's issue and JP morgan's owners really shaking the market, but we cant deny the fact that its not just china and US who played with crypto
so we can see another bounce back we just cant say when it will happen again.

I will support you in this regard that these crypto currencies are having potential of regaining their previous values. No need to get stressed and go for panic selling. China has caused a new tide of panic selling by banning ICOs and digital currencies in their country. But soon we are going to get out of this hard time.

Golftech

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Quote from: nelmari on September 16, 2017, 09:56:27 AM

Price correction was done already, this drop is due to the news China has brought us. Mostly negative news that's why bitcoin and most of the altcoins are dumping recently but don't loose hope yet, it'll regain back and increase back its price.

don't assess too much mate this market still can be influenced by the big players alts coins are affected due to the fact of panic sellers, as we knew
that china's issue and JP morgan's owners really shaking the market, but we cant deny the fact that its not just china and US who played with crypto
so we can see another bounce back we just cant say when it will happen again.

AleSergio

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Quote from: nelmari on September 16, 2017, 09:56:27 AM

Price correction was done already, this drop is due to the news China has brought us. Mostly negative news that's why bitcoin and most of the altcoins are dumping recently but don't loose hope yet, it'll regain back and increase back its price.

It can still go both ways, we can see another dump to 2700$ or if the bulls will wake up and turn around this market in a week or two we will be back to 4500$+

nelmari

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Price correction was done already, this drop is due to the news China has brought us. Mostly negative news that's why bitcoin and most of the altcoins are dumping recently but don't loose hope yet, it'll regain back and increase back its price.

Lagduf

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Quote from: arpon11 on September 14, 2017, 11:23:55 AM

I could not understand what is happening, from price correction to this mighty price dump. Bitcoin bellow $3500, ethereum $235, litecoin now $48 and ripple fall below $0.19. I think Chinese government and traders are really dealing with altcoins and bitcoin hard now.

The price already back to the above 3500 for each bitcoin but that wasn't mean the price will be stable in above 3500 or even 4000 again. The chinese news gets a lot of impact to the market and that makes the market feeling stressed due to the a lot of chinese exchange site are closing their service.

mdzahed134

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But now all alt coin is start pumping, now BTC 3560 USD and ETH 243 USD.Not only BTC and ETH there are many coins come to back their destination.After within few days huge pump all altcoin.

CoinSpeculator

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all money going to to the bitcoin. thats why all altcoins dumping. people waiting for stabile bitcoin price then they can back to altcoins.

Hoobleton

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Quote from: arpon11 on September 14, 2017, 11:23:55 AM

I could not understand what is happening, from price correction to this mighty price dump. Bitcoin bellow $3500, ethereum $235, litecoin now $48 and ripple fall below $0.19. I think Chinese government and traders are really dealing with altcoins and bitcoin hard now.

Glad to say we're back. It was a bit scary, but still.

dealung

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yes.. if all alt dump, then this is the right moment to buy and hold for long term.

BUK2016

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JP Morgan statement concerning crypto currency couple with the ban of ICO by the China government are the major issue for the current decline in the market value of bitcoin. Worthy of note is that, What ever affect bitcoin will definitely affect altcoin since they are all dependent on bitcoin in most cases.

Zocadas

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At my experience most established altcoins like Ethereum, Litecoin, ZCash and even Dogecoin have moved with Bitcoin for years. As soon as Bitcoin will rebound, altcoins will follow. As soon as users are aware, that cryptocurrencies are not based on laws of single government, growing market will continue its success.

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