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Topic: Altcoins prices are bleeding heavily - page 12. (Read 4186 times)

full member
Activity: 854
Merit: 108
September 26, 2019, 01:39:55 AM
#27
I think the current market performance was manipulated by dumping Bitcoin and it create domino effect to the Altcoin holders by making them to panic selling too. If we will see again a Bitcoin dominance in the coming days then for sure the Big Whales are behind this to make it bullish once again and all we ask is how we can able to ride with them with a perfect timing.
sr. member
Activity: 1484
Merit: 253
September 25, 2019, 04:58:47 PM
#26
Damn,the price of bitcoin hits $8500 which is the only reason for the every altcoin bleeding in the last 24 hours.I never thought that we will reach this much down again but its happening.Maybe a bear trap so don't sell too early and wait for the price movement in the next 24 hours to decide you stats.

so in your opinion this is only a preparations from the bull, and in the near time market will growing hard ?
just like the second questions in my post above my friend  Wink

Many times I heard that statements mate, but it turned out to be just a myth. The market seem to be struggling and bull run was just a mere speculations, and not a reality for those who waited for such a long time. Altcoins price development was the number one affected by this current situation, and I don't know when it's going to recover.
full member
Activity: 1344
Merit: 102
September 26, 2019, 01:10:00 AM
#26
I don't know if we can see bearish market again, but there is possible that this will continue to go down because many will panic selling with this bad condition in the market, but I'm still hoping that we can see bull before end of the year.
full member
Activity: 1316
Merit: 104
CitizenFinance.io
September 25, 2019, 06:21:30 PM
#25
It seems to me that crypto market is full of manipulations. Whales just decide and control the market movement because there is a lack of any fundamental to warrant this sudden deep in ETH price.
copper member
Activity: 840
Merit: 114
September 25, 2019, 11:50:06 AM
#24
I was very surprised when I opened CoinMarketCap, all coins suddenly experienced a sharp decline and were above 10% on average for altcoin, I don't know what else is the bad news so that the price reduction occurs quickly
The price decline so fast as I check the market today. Many reason’s why the sudden change of price but actually this is also our opportunity to accumulate coins in our portfolio. It is bleeding heavily but I am also hopeful to see the market to rise this year.
as many others have said, if in a market condition that continues to fall as it is now and even the decline is happening quickly then there will be suggestions to take advantage of the situation of buying more. but unlike that, those who receive an asset decline will also panic and be nervous seeing their assets lose the best prices. whereas to buy more of course requires even more money.
hero member
Activity: 1428
Merit: 506
September 25, 2019, 11:35:13 AM
#23
I was very surprised when I opened CoinMarketCap, all coins suddenly experienced a sharp decline and were above 10% on average for altcoin, I don't know what else is the bad news so that the price reduction occurs quickly
The price decline so fast as I check the market today. Many reason’s why the sudden change of price but actually this is also our opportunity to accumulate coins in our portfolio. It is bleeding heavily but I am also hopeful to see the market to rise this year.
full member
Activity: 854
Merit: 101
Polkadog - Multi-Chain Defi Meme
September 25, 2019, 10:33:06 AM
#22
Altcoins prices are bleeding heavily, with some of the top-20 coins showing losses of more than 34% on the day.
The most popular altcoin Ether (ETH) has dropped over $50 in the last 24 hours to a price point of $156 per coin, recording a heavy loss of 24% on the day.
https://cointelegraph.com/news/tuesday-shows-bloodbath-for-altcoins-up-to-34-losses-on-top-20-coins

do you think this down market will continues and welcome back to the bears in crypto market again ?
or this is only the preparations if the market will growing really hard and the bulls will show up in the near time ?

you will get the answer soon
because just in the next couple of days we will meet Q4 of 2019, i hope
just like the past, Q4 always give us a big surprise buddy  Wink
not in the last year buddy. everyone of course hopes the market will show a good trend this year, but you can see for yourself how the market now is not in a good condition.
just pray some people come with big money and see cheap crypto prices and then invest in large amounts. if such a mass adoption takes place on the market, I'm sure altcoin could rise this year.
sr. member
Activity: 1036
Merit: 252
Dolphins Finance TRUSTED FINANCE
September 25, 2019, 10:07:55 AM
#21
Altcoins prices are bleeding heavily, with some of the top-20 coins showing losses of more than 34% on the day.
The most popular altcoin Ether (ETH) has dropped over $50 in the last 24 hours to a price point of $156 per coin, recording a heavy loss of 24% on the day.
https://cointelegraph.com/news/tuesday-shows-bloodbath-for-altcoins-up-to-34-losses-on-top-20-coins

do you think this down market will continues and welcome back to the bears in crypto market again ?
or this is only the preparations if the market will growing really hard and the bulls will show up in the near time ?

you will get the answer soon
because just in the next couple of days we will meet Q4 of 2019, i hope
just like the past, Q4 always give us a big surprise buddy  Wink
sr. member
Activity: 1176
Merit: 301
September 25, 2019, 09:43:21 AM
#20
Not just the alt-coinbut the crypto market is bleeding we have experiencing a red market once again,
Who knows maybe it would bounce hard after this drop (Just wishful thinking).
But I think if this would bounce back then it is better to grab some now before it is too late.
sr. member
Activity: 1218
Merit: 251
September 25, 2019, 09:43:09 AM
#19
I was very surprised when I opened CoinMarketCap, all coins suddenly experienced a sharp decline and were above 10% on average for altcoin, I don't know what else is the bad news so that the price reduction occurs quickly
sr. member
Activity: 1050
Merit: 250
Revolutionizing Reward Points
September 25, 2019, 09:08:09 AM
#18
Damn,the price of bitcoin hits $8500 which is the only reason for the every altcoin bleeding in the last 24 hours.I never thought that we will reach this much down again but its happening.Maybe a bear trap so don't sell too early and wait for the price movement in the next 24 hours to decide you stats.

so in your opinion this is only a preparations from the bull, and in the near time market will growing hard ?
just like the second questions in my post above my friend  Wink
hero member
Activity: 1470
Merit: 655
September 25, 2019, 05:57:20 AM
#17
are? the correct tense is "have been" because this is an ongoing thing that started 2 years ago and has not stopped yet. basically every couple of weeks we see at least a 10% drop in most of the biggest altcoins such as ETH, XRP,... that either slowly go down or have a dump and drop that much. and that is only on normal weeks. on weeks like this that bitcoin is either moving up or down they go wilder and have bigger drops.
sr. member
Activity: 1162
Merit: 251
September 25, 2019, 05:18:26 AM
#16
Sounds not good to heard, I think altcoins price bleeding is effect of bitcoin price drops in the market cap, hoping is only an minimal correction before the price goes uprise again, and also I expect before end of the year bitcoin and altcoins become stable coins. Do not panic be calm.
Of course, as we know that bitcoin market is bleeding lately, and of course because of the enormous influence of bitcoin on cryptomarket, altcoin market will also fall too. Yeah, hopefully this is just a short anomaly and doesn't have a long negative impact on the market, I hope the market will get better and recover soon.
legendary
Activity: 2954
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
September 25, 2019, 05:45:09 AM
#16
I think this altcoin movement follow what bitcoin did. Usually people get panic and sell their assets too. But this is only my personal opinion. Because if i have assets that i can sell, maybe i will sell my alts into bitcoin, and then bitcoin into fiat. And then hold my fiat until get good price to buy. Maybe if a lot of people did this, that can cause price dumped very hard.
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
September 25, 2019, 04:42:18 AM
#15
I was online for the crash. Very late my time and I should have been asleep but watching football kept me up on my phone. That was a steep, steep drop but it was 100% caused by Bitcoin, nothing else.

So this is sort of bad news for anyone who still thinks alts have broken away from dependence on Bitcoin. We are still a long way away from that!
hero member
Activity: 1596
Merit: 502
September 25, 2019, 02:31:32 AM
#14
Bitcoin still dominates the market, and no matter how good the altcoin moves, when the king moves, the altcoin will always obey and follow the king steps. We see the bear market once again and with the down of the bitcoin price, it seems we need to wait longer than we can expect. But we don't have to lose hope of bitcoin and altcoin because I am sure that this is only temporary and the market will turn to the higher price again.

We could hope that this is only happening for this week, so in the next week, the market will start to rise again, and that will trigger bitcoin or altcoin to increase higher. If the situations are supported, then I think that could happen in the next week which we will see a new month in the next week. We could wait for a while and still buying the potential altcoin if we want.
hero member
Activity: 2464
Merit: 550
Leading Crypto Sports Betting & Casino Platform
September 25, 2019, 02:25:31 AM
#13
if you look at the condition of altcoin prices which are currently bleeding really this can be a very good moment to buy altcoin as much as you can because altcoin prices are currently falling and becoming very cheap, take advantage of many panic traders, smart traders will definitely buy when prices fall and will sell at high prices.
full member
Activity: 1498
Merit: 146
September 25, 2019, 01:32:22 AM
#12
Damn,the price of bitcoin hits $8500 which is the only reason for the every altcoin bleeding in the last 24 hours.I never thought that we will reach this much down again but its happening.Maybe a bear trap so don't sell too early and wait for the price movement in the next 24 hours to decide you stats.
full member
Activity: 714
Merit: 100
September 25, 2019, 02:06:25 AM
#12
Damn,the price of bitcoin hits $8500 which is the only reason for the every altcoin bleeding in the last 24 hours.I never thought that we will reach this much down again but its happening.Maybe a bear trap so don't sell too early and wait for the price movement in the next 24 hours to decide you stats.

This shows of how important is the performance of Bitcoin market is as it always creating domino effect to the Altcoins because last week i thought that Altcoins are now independent with Bitcoin as i see them slowly dominating over Bitcoin but now it is clearly that it was just temporary and it was also clear that bearish market is still in effect.
legendary
Activity: 3164
Merit: 1025
Leading Crypto Sports Betting & Casino Platform
September 25, 2019, 12:28:32 AM
#11
The down of the market depends on the bitcoin because of this time the bearish trend caused by bitcoin. I will not blame altcoin because bitcoin BAKKT is the main reason why we are facing another huge downtrend again.
Until bitcoin will be recovering again and we will never see any recovery for altcoin again. But some altcoins will remain in the same position even bitcoin gets bleeding.
This time the credibility of altcoin is revealed. Ony a good project will against the bitcoin bear trend.
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