Topic: Altcoins prices - page 3. (Read 705 times)
What I can say is that people still don't trust all these ALtcoins to be a store of value for them, thisis the role that BTC has played well, though I believe there will be a price correction coming but not the way some Altcoins prices have plummeted from their ATH
maybe because of ethereum network problem or traffic, people holding altcoins and tokens dumping in such a low price and the continuing rise of bitcoin.
Reason for it is that bitcoin is unstable and his price was going up fuled buy cme group listing it,this caused movement of money that would usualy go to alts to go to btc instead.After that people were cashing out their alt position(even with loss in some cases) fueling the price of btc up and alts going down.Now we have bad news coming out from all the sides that btc futures wont be such a good thing and money os going back to alts,i would say that we will know where we are at monday
The reason is that currently BTC is unstable and it eats a part of alt's capitalization from time to time; BTC jumps in price = alts jump in price.
Now the price of alts is not stable and the reason for this is bitcoin. People see that steadily grows only Bitcoin and therefore want to make your investment safe.
One of the main reasons for altcoin prices being down are due to Bitcoin chasers. People selling off their altcoins due to Bitcoin prices rising. This can end up being a ugly situation for them if Bitcoin tanks rapidly and altcoins start to moon. The result will look like they sold altcoins at the bottom to buy Bitcoin at the top.
That's right. Many people have set their eyes on bitcoin and that has affected how altcoins have been dealt with across the market. It has also been a reason that compared to altcoins where there are new ones every other time, bitcoin is the sole main crypto that holds value. The more value it carries, the more negatively it affects other cryptos.
One of the main reasons for altcoin prices being down are due to Bitcoin chasers. People selling off their altcoins due to Bitcoin prices rising. This can end up being a ugly situation for them if Bitcoin tanks rapidly and altcoins start to moon. The result will look like they sold altcoins at the bottom to buy Bitcoin at the top.
That's really what's happening with most of the investors, they were holding bitcoins for a long time and that idea of having a goal of earning bigger amounts of sell when price gained very well. The better idea for that is you should control emotions and don't just sell your holdings immediately because by the time you earn millions of fiat cash which became frustrating of not grabbing bigger values, that would be a stressful thing which could regret you more.
Some are going down because of bitcoins very high price increase and can’t keep up with it. They are selling most of their coins even if they are on lose and buy bitcoin instead.
Why altcoins price going down now?
on my opinion the reason altcoin prices are down now its because people focusing to bitcoin investment we should all know people unexpecting bitcoin double the investment interest for continuation of price incrase in the marketcap.
Why altcoins price going down now?
Actually most are going up now towards where they were before, bitcoin shot up about 20-30% yesterday and so people rush to sell their alts and buy bitcoin. That is the only reason I can think of. Others may be down for other reasons but that's a reason for the whole market generally to fall.
Why altcoins price going down now?
It looks another correction and you should not feel worry about that. Because there is no strong fundamental to make the price of the altcoin gets plunged a lot just like the kind of the new that ban the altcoin. As far as i know about these majority of the altcoin holders are moving to the bitcoin.
But some altcoin still in the bullish trend in this time and what's wrong with it?
Because not all of the altcoin going down.
Probably Ether and tokens based on erc2 are going down because of transactions delays caused by cryptokitties.
Another assumption is that : Now we have Bitcoin price near 17k and is day by day is rising more and more, some of altoins holders have decided to leave altcoins and going only to bitcoin. These are just assumptions
Another assumption is that : Now we have Bitcoin price near 17k and is day by day is rising more and more, some of altoins holders have decided to leave altcoins and going only to bitcoin. These are just assumptions
Thank u for your explanation..!!!
You welcome
but I see altcom is going high
One of the main reasons for altcoin prices being down are due to Bitcoin chasers. People selling off their altcoins due to Bitcoin prices rising. This can end up being a ugly situation for them if Bitcoin tanks rapidly and altcoins start to moon. The result will look like they sold altcoins at the bottom to buy Bitcoin at the top.
But the price of coins went to the top. Morning fall, growth in the afternoon. This is the norm
Probably Ether and tokens based on erc2 are going down because of transactions delays caused by cryptokitties.
Another assumption is that : Now we have Bitcoin price near 17k and is day by day is rising more and more, some of altoins holders have decided to leave altcoins and going only to bitcoin. These are just assumptions
Another assumption is that : Now we have Bitcoin price near 17k and is day by day is rising more and more, some of altoins holders have decided to leave altcoins and going only to bitcoin. These are just assumptions
Thank u for your explanation..!!!
Probably Ether and tokens based on erc2 are going down because of transactions delays caused by cryptokitties.
Another assumption is that : Now we have Bitcoin price near 17k and is day by day is rising more and more, some of altoins holders have decided to leave altcoins and going only to bitcoin. These are just assumptions
Another assumption is that : Now we have Bitcoin price near 17k and is day by day is rising more and more, some of altoins holders have decided to leave altcoins and going only to bitcoin. These are just assumptions
Why altcoins price going down now?
Jump to: