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Topic: All coins down???? Whats happen? (Read 826 times)

hero member
Activity: 2002
Merit: 535
December 09, 2017, 03:05:25 PM
#34
Altcoin coins depending on bitcoin, when bitcoin go up then others go to sleep
When the price of bitcoin is on a crazy ride,people will be interested in holding bitcoin rather than holding any random coins or alternative currency and people will be forced to sell off their coins to enter bitcoin to follow the ride and withdraw at a later time,what ever it is a good way to identify things and understand how the market moves.Hold for a long time,when the market settles down,the price will start gaining momentum.
full member
Activity: 154
Merit: 100
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December 09, 2017, 03:04:48 PM
#33
All coins are going down down down
Whats happen today?
This is anormal, all money leaving the cryptocoins?

People are cashing out is my best guess. You knew the bull run on BTC had to end in the coming days and it stopped short right up to the CME and CBOE opening for futures any coincidence there? I think not Roll Eyes it seems like it was a buy the rumor sell the news kinda gig. I personally think BTC will end up going down even further than where it is now and dragging altcoins with it. I am hoping however the BTC money flows into alts because I am more alt based than btc based atm.
member
Activity: 84
Merit: 10
December 09, 2017, 03:04:35 PM
#32
No need to be nervous. I'm guessing you're new to the crypto world. If you look at some charts in the past, you'll see that bitcoin prices have sometimes dipped 50% in it's value. They always tend to set newer highs though. Just be patient. It doesn't mean that people are leaving cryptocurrencies, and sure as hell doesn't mean that it won't recover again. The market does what it does. Just relax.
sr. member
Activity: 384
Merit: 250
December 09, 2017, 03:01:55 PM
#31
Its normal actually in cryptospace though people should look the possible thing when will be the best price to buy and time to sell to get profit. All altcoins will be good next year
legendary
Activity: 2912
Merit: 1068
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December 09, 2017, 03:00:49 PM
#30
The price corrections are happening, I would say it was expected only that no one couldn't determine the exact time when it will happen.
Probably many users started to cash out their Bitcoins at some point and that disturbed the market but I don't think this will last for long or go very deep and the price will recover soon.
member
Activity: 218
Merit: 12
December 09, 2017, 02:54:53 PM
#29
Now I see that they are climbing again, so there is not reason to get panic. As I understood it is normal to crypto currencies, they change their derection too often.
copper member
Activity: 2940
Merit: 4101
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December 09, 2017, 02:39:39 PM
#28
The prices will recover starting on Monday. No need to worry much about it. I stopped to consider the price starting on Friday afternoon up to Monday. It's often happened, and then when the next week starts, it's like if nothing happened. not long ago the bitcoin price failed by 20%-30% on a Friday, a lot of people were in the panic the whole weekend selling their coins, and from the next week, the price has been stronger than before.
hero member
Activity: 1358
Merit: 834
December 09, 2017, 02:31:09 PM
#27
I bought into BTC at ~$9500 ... now I regret not selling it all at $18,000. Now its at $15,000, and I am strongly considering selling all my BTC.
You sell, you lose.
full member
Activity: 294
Merit: 161
December 09, 2017, 02:28:30 PM
#26
It is called people cashing in. Bitcoin falls in price when people start to cash in, then this creates a chain reaction with the weak hands, they panic and sell off practicly everything they have as well, resulting into almost everything going down. This is basic economics. The whales cash in, the small fries panic due to this and dump as well, later on those same whales buy all of theirs back for cheaper and make a nice profit this way thanks to the small shrimps. Later on after another huge price rise, they repeat the same process. It's literally a whale scraping the bottom of the ocean to gobble down the shrimps.
newbie
Activity: 45
Merit: 0
December 09, 2017, 02:19:34 PM
#25
I bought into BTC at ~$9500 ... now I regret not selling it all at $18,000. Now its at $15,000, and I am strongly considering selling all my BTC.
sr. member
Activity: 441
Merit: 250
December 09, 2017, 02:15:30 PM
#24
Its just a pretty tiny correction no need to be worried about it. All you need to have is a sip of coffee while you enjoy the market. Its a daily market hiccup and the market would surely revive strong once again tomorrow. Nowadays a lot of peoples are blaming to market by saying, "Oh shit, Now everyday is a red day""Market is bleeding out". But did you ever heard some one complaining when the market is soo green and everything is so pumped. Not by me. Reasons for this situation. Market was too much pumped last months.

But it has to be corrected, this is what going on. Market has started to correct. Also unfortunately some negative news about BTC (can not say negative, but some seems beleive as it is) is on the rumors. That might have helped pushed the marked over the edge.
Altcoin coins depending on bitcoin, when bitcoin go up then others go to sleep
Yes this is also a very strong reason as when the btc pumps up people take off their money from alts thus alts are left over to bleed.
hero member
Activity: 1358
Merit: 834
December 09, 2017, 02:15:07 PM
#23
All coins are going down down down
Whats happen today?
This is anormal, all money leaving the cryptocoins?
Bitcoin falling in price usually means that all altcoins go down. It's a recurring theme in crypto.
full member
Activity: 1260
Merit: 100
SOL.BIOKRIPT.COM
December 09, 2017, 02:14:19 PM
#22
Maybe now his enthusiasts more so the price of coins all so down..
But I am sure, that later coin prices will go up like the price of ETH or BTC..
copper member
Activity: 463
Merit: 251
December 09, 2017, 02:09:57 PM
#21
I think this is due to Bitcoin.Now the altcoins are increasing and bitcoins decrease.Hopefully, within a few days, all the coins will reach the best price.
newbie
Activity: 119
Merit: 0
December 09, 2017, 02:01:07 PM
#20
Altcoin coins depending on bitcoin, when bitcoin go up then others go to sleep
full member
Activity: 182
Merit: 100
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December 09, 2017, 01:54:16 PM
#19
What's happening now is a part of price correction and this always happen every time there is a price pump and this is completely normal so no need to panic or worry. It will increase again some other time so don't worry and just observe the price trend for the mean time.
legendary
Activity: 1274
Merit: 1004
December 09, 2017, 01:50:59 PM
#18
Well it feels strange but I have seen that whenever Bitcoin price is Mini altcoin prices goes down, but this time it is a chain reaction (as mentioned by others) but still I think it's because Bitcoin is going at a peek point. Its normal that some all coins behave in downward manager but still on the other day we have seen those markets rising up again and that's the theory of Altcoins we know. Just go in the market and take advantage of this chain reaction this is the best time to buy some of those old coins because tomorrow they are going to rise again.
full member
Activity: 784
Merit: 100
December 09, 2017, 01:48:43 PM
#17
Small correction, you tear the hair on his head. Buy bitcoin and not to look at the course, nerves will be more whole and will not lose money while trading.
sr. member
Activity: 728
Merit: 275
December 09, 2017, 01:44:18 PM
#16
Haha just another day in crypto world nothing to be shocked of you will see the whole market green tomorrow don't panic and sell of everything. What crypto market has taught me the most is to be patient you will be in somewhat better position than if you have been hurriedly selling off everything.
Expected correction of bitcoin often drags altcoins. But now the stabilization. Don't be hamsters. Hold and you will be happy.
what correction just check btc is back on track again with 14500+ once again. can't say if this was truly a correction didn't even lasted an hour.
full member
Activity: 812
Merit: 102
December 09, 2017, 01:27:29 PM
#15
Expected correction of bitcoin often drags altcoins. But now the stabilization. Don't be hamsters. Hold and you will be happy.
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