Altcoins price falls down..! why? | Bitcointalksearch.org

anushkasachith888

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Quote from: 5ensei on December 31, 2017, 07:12:16 AM

Quote from: aervin11 on December 31, 2017, 06:46:48 AM

1. NEWS - SoKor announces to pullout their crypto shares.
2. HOLIDAY SEASON - Everybody is selling their coins to buy food, gifts and etc. NOT FUD.
3. Dumpers - They don't die, they multiply.

Exactly the reason. Also:

4. People have no money to invest after they used it in the sales

All coins will recover including bitcoin so you can either sell up now and buy back as soon as the pump begins, but you need to be quick or you will miss out completely

Great contribution for the thread. Thanks guys. Who is Sokor ?

anushkasachith888

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Quote from: vv181 on December 31, 2017, 06:10:54 AM

Altcoins market will always correlate with Bitcoin market if Bitcoin up altcoins will goes down and if Bitcoin goes down altcoins will too. The only way for altcoins to go up is when Bitcoin price stagnant.

I think this is what happen. Good answer. so far agree with you.
And can you please explain this incident in depth , I mean why when BTC goes down altcoin goes down and When BTC going up then also Altcoins going down? I would like to hear more from you.

anushkasachith888

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Quote from: BitcoinThief on December 31, 2017, 05:50:39 AM

Because you bought some, you should sell Tongue

But why in this time period ? Grin

, look around man

anushkasachith888

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Quote from: cryptomad77 on December 31, 2017, 07:12:46 AM

This is due to the fake news from south Korea suggesting that it will limit the use of crypto currencies.

Also bitcoin price fall down so the others currencies price also falling down ! we calculate other currencies price via bitcoin

Don't you concern year end factor ? As year end festival along with holidays people sell Crypto in order to get fiat money, they have lot of expenses in this season. once the season over Crypto will get speedy drive soon

anushkasachith888

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Quote from: kaloloy on December 31, 2017, 05:43:52 AM

A month of holiday season is the most important holidays of Christians like me, what I did is dumping my coins in order to buy special gifts for my loved ones so not only me but also other investors as well.
We'll see next year if Bitcoin and Altcoins will pump back to the sky. Then we can speculate another things.

Yeah I think that is the major reason for current falling down. may be some effect from KOREAN FAKE news as well. Hope 2018 will be the year of Altcoins, i feel so.

cryptomad77

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This is due to the fake news from south Korea suggesting that it will limit the use of crypto currencies.

Also bitcoin price fall down so the others currencies price also falling down ! we calculate other currencies price via bitcoin

5ensei

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Quote from: aervin11 on December 31, 2017, 06:46:48 AM

1. NEWS - SoKor announces to pullout their crypto shares.
2. HOLIDAY SEASON - Everybody is selling their coins to buy food, gifts and etc. NOT FUD.
3. Dumpers - They don't die, they multiply.

Exactly the reason. Also:

4. People have no money to invest after they used it in the sales

All coins will recover including bitcoin so you can either sell up now and buy back as soon as the pump begins, but you need to be quick or you will miss out completely

aervin11

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1. NEWS - SoKor announces to pullout their crypto shares.
2. HOLIDAY SEASON - Everybody is selling their coins to buy food, gifts and etc. NOT FUD.
3. Dumpers - They don't die, they multiply.

vv181

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Altcoins market will always correlate with Bitcoin market if Bitcoin up altcoins will goes down and if Bitcoin goes down altcoins will too. The only way for altcoins to go up is when Bitcoin price stagnant.

Partizanai

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End of the year, less people are trading more people are on holidays, less demand

burnhardzx1

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Quote from: anushkasachith888 on December 28, 2017, 10:51:51 AM

What is the real reason behind current altcoin price fallen?

correction and btc itself, altcoin is depends on bitcoin price, only a few can fight btc price like eth ltc or any coins that have market..

kaloloy

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Quote from: BumbleBeast27 on December 31, 2017, 05:07:37 AM

Some alt coins have high volatility which means that what goes up rather quickly, comes down even faster.

Indeed, and I agree. Altcoins rise and dive unexpectedly so investors are in panic if the coins they invested is slightly dives down and they're willing to dump also before it's too late and that's why one of the reasons why most Altcoins decreases the value so fast.

BitcoinThief

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Because you bought some, you should sell Tongue

kaloloy

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A month of holiday season is the most important holidays of Christians like me, what I did is dumping my coins in order to buy special gifts for my loved ones so not only me but also other investors as well.
We'll see next year if Bitcoin and Altcoins will pump back to the sky. Then we can speculate another things.

yua_na

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Altcoin down only for new comer. Because if we see from beginning of 2017 alt coin and bitcoin is still above the price of january 2017.and everything goes up and ofcourse will have some corrections. Some coin also will be death if dev team running. If only delay in project its normal thing in IT world.

BumbleBeast27

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Some alt coins have high volatility which means that what goes up rather quickly, comes down even faster.

zorranco

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Quote from: Davinus on December 28, 2017, 11:14:08 AM

Quote from: anushkasachith888 on December 28, 2017, 10:51:51 AM

What is the real reason behind current altcoin price fallen?

Bitcoin goes down = altcoins goes down, there is no science, when the king dies, the same happens with the altcoins, you do not need to be an expert to know this.

BTC is losing more and more market cap against the others...

Do you think soon BTC can be untied from alts? I mean, can it come the day when BTC can go down while alts go completely independent?

webmone

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Quote from: Eclipse2021 on December 28, 2017, 12:13:48 PM

Bitcoin is crashing , that's why ? Also panic is already on the streets , bloodbath will soon follow. Better to stay away from crypto in these times and wait the q1 of 2018 to make again some investments. It's okay also to participate into ICOs.

The price of altcoins should not constantly grow, it is a market, and in the market there may be corrections, sometimes deep ones. Even "grandfather" Bitcoin has fallen in price, but this is a temporary process.

qigong13

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Quote from: anushkasachith888 on December 28, 2017, 10:51:51 AM

What is the real reason behind current altcoin price fallen?

BTC, everyone cash out to USDT.

gmf1000

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Quote from: Patrick_Bates on December 28, 2017, 11:47:09 AM

Every one trade it to fiat to purchase gifts for X-mas and New Year. In January it will start rising again. So, if you want, it`s the best time to pusrchase some ETH or BTC right now.

I do agree, everyone need money to spend their holiday... I believe alts will rise again after this long weekend..

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