Topic: Alt coins are in red again ?? - page 12. (Read 1142 times)
since altkoins are tied to bitcoin, then with violent movements of bitcoin, the altkoins react with a fall. Now several factors have coincided, which create a negative news background for bitcoin. Because of this, the market is being adjusted. This is the Chinese New Year, and the regulation of cryptology in Korea. In addition, some large exchanges closed registration for new users, thereby restraining demand. But all this is a temporary phenomenon and at the end of February the market will come to life again and will give a huge growth, as it was last year. Now accumulate your positions in the first 20 coins
I just thinking it will recover soon, whatever the causes.. honestly I'm really still believe, surely after that.. there will be a better things that would be to shifted it.
I think the some of the strongest causes is about prohibition, negativelly things, or distrust. It's better if we pick some altcoins that's really popular and can be trusted in interest to many investors/traders.
I think the some of the strongest causes is about prohibition, negativelly things, or distrust. It's better if we pick some altcoins that's really popular and can be trusted in interest to many investors/traders.
It could be both but I think that the low prices are because of the changes in the financial laws in South Korea. 70% of the cryptocurrency investors are from Japan and Korea. What is happening there influences the price of cryptos in all the world. The laws that the Korean government issues, could be issued in our countries too and as you probably know trading anonymous in Korea is not possible anymore.
The old financial world is struggling to survive.
The old financial world is struggling to survive.
This is the greatest fall for the last 2 weeks. So the last day of January 2018 will be remembered for it. I do not think that only South Korean events affect it. Russia also plans to control crypto. Hackers attack exchanges.
Crypto market is always volatile and this prices down on all crypto currencies including bitcoin is due to many factor, correction and bad news like south korea bans crypto transactions are some of the factor affecting this but not these two factors alone is impacting the crypto market. If you watch the trend of crypto market, until June or July month all the crypto currencies will be in base price and after that it picks up.
Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?
so altcoins may be dropping due to the lack of investor in an altcoin as many investors in a coin will increase its price. So I'm pretty good at the many investors who buy altcoin because you're sure to earn it and raise its price.
The entire cryptocurrency market turned red.
I think it may be a big callback, with too much bad news recently, South Korea has implemented real-name accounts, China is further regulated, Japanese exchanges have been stolen NEM, facebook has banned the ICO ads and so on.
Investors lost confidence and everyone stayed on the sidelines.
I think it may be a big callback, with too much bad news recently, South Korea has implemented real-name accounts, China is further regulated, Japanese exchanges have been stolen NEM, facebook has banned the ICO ads and so on.
Investors lost confidence and everyone stayed on the sidelines.
The usual bearish trend, a little delayed, but by April, capitalization should grow to one billion and we will see a bullish trend and green altcoins.
I was expecting market cap to be 2 trillion im 2018 . Hopefully target would achieved.
The usual bearish trend, a little delayed, but by April, capitalization should grow to one billion and we will see a bullish trend and green altcoins.
It fell because bitcoin fell and all the coins went down with bitcoin, and I believe it will surely go back up, but at the same time it will also be able to clear some worthless coins, just like our merit mechanism, eliminating some non-quality posts .
Sad red days. How to stop refresh blockfolio every 5 minutes, it makes me crazy, any advice? 
Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation?
It's straightforward because Bitcoin and Ethereum are dropping sharply and many Altcoin goes down it's like a domino effect. But do not worry about it as it will come back in a few days. But still be careful because it will still be able to keep going down.
I think the reason why alt coins are red or going down because crypto market crash and also because of bitcoin is unstable of its value.
Many assumptions were made. You can look at it philosophically. There was growth, now a fall. Then again there will be growth.
Do not worry, be happy (с) It can save our nerves.
Do not worry, be happy (с) It can save our nerves.
Common start of week im even not surprised and its just beginning because chinese new year is near and until march will be same minus red days.
I believe that the adaptations in the financial laws in Asia have affected the market. A large percentage of the cryptocurrencies investors are Asian and mostly from Japan and Korea. These changes have affected everything on a global scale and something that's important to notice is that Trading in Asia and specifically in Korea is not possible if it's anonymous anymore so i guess these red coins and dips are partially the after effects of that.
So... crypto currencies were always advertised as Decentralized... not controlled... and all that stuff.
But as it turns out there is always something (or someone) "Centralizing" or "Controlling" them... hence the price ups/downs
But as it turns out there is always something (or someone) "Centralizing" or "Controlling" them... hence the price ups/downs
It may be because South Korea banned anonymous trading. Traders can no longer trade without a real name account that is linked to a bank. Not all banks are compliant yet, so many people in South Korea can't trade currently. But they will join banks that are compliant and volume will come back to the market soon. South Korea and Japan make up huge volumes of cryptocurrency trades, so they affect the market greatly. The good news is the volume will surely be back. South Korea is just trying to crack down on tax evasion and black market spending.
1) It may be an usual correction
2) It may be due to the decreased BTC price , because alts price are depending on BTC's one.
3) News about Bitfinex & Tether subpoenaing may also have an impact on alts prices.
2) It may be due to the decreased BTC price , because alts price are depending on BTC's one.
3) News about Bitfinex & Tether subpoenaing may also have an impact on alts prices.
As always, when the volatility of bitcoin is too much. I think this is not all, and maybe even more red if bitcoin goes well below 10k
Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?
I know this correction for sure.
In my expectation, i dont hope this is permanent and i also learning from last year experience that altcoin price always have big dip correction like now. So i am not worry at all.
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