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Topic: Alts dropping – Has it started? - page 2. (Read 1856 times)

legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
April 10, 2016, 10:57:50 AM
#14
maybe it is all the start of the bitcoin price rise. all those money that is coming out of these altcoins needs to go in some place else.

i am sure not all of them will go completely out and most of it will be invested in some place else.
member
Activity: 107
Merit: 10
April 10, 2016, 10:51:59 AM
#13
All them crying noobs. Lovely.
legendary
Activity: 1344
Merit: 1000
April 10, 2016, 10:43:11 AM
#12
Alts are dropping because of a combination of factor. This is the time of the tax season and holders will release their gain. During the past few months, many altcoins went up a lot because of hot money from Ethereum pumping up coins. Now whales are taking profit from altcoins and holding bitcoin before the halving.
legendary
Activity: 2436
Merit: 1804
guess who's back
April 10, 2016, 10:34:41 AM
#11
not sure of what's going , but I agree the most with Febo
the whole alts were rising the last two weeks , and bitcoiners who entered early made good profits
in general Poloniex is lagging a lot today , a lot of people are online and are watching what's going
bring the popcorn guys  Grin
hero member
Activity: 994
Merit: 513
April 10, 2016, 10:19:54 AM
#10
Most alts are fueled by speculation and have no real life utility.

"Most" is kind of an understatement… The whole market is artificial and everybody knows that. Which makes me ask: Why the dump? Who are the profiteers? Are people cashing out? And if yes: why now?
hero member
Activity: 679
Merit: 500
April 10, 2016, 09:47:06 AM
#9
Most alts are fueled by speculation and have no real life utility.
hero member
Activity: 1330
Merit: 515
Coin Mage
April 10, 2016, 09:38:49 AM
#8
Wow, I did not see that coming.  Shocked
sr. member
Activity: 420
Merit: 262
April 10, 2016, 09:37:48 AM
#7
What can't go up any more, and was based on hot air, goes down.
hero member
Activity: 886
Merit: 510
April 10, 2016, 09:34:58 AM
#6
Seriously? What the hell crazy phenomenon is happening?!!

Every coin is crashing to unbelievable prices! Ethereum to < $8, Monero to < $1 and Factom to $1.1!

Why so serious? Why now? Why?  Shocked
legendary
Activity: 1890
Merit: 1085
Degenerate Crypto Gambler
April 10, 2016, 09:03:24 AM
#5
It will go all back to prepump level from january now.

The crashing altmarked could also destroy the dreams of IOTA and LISK IPO buyers to get rich instantly  Tongue
hero member
Activity: 994
Merit: 513
April 10, 2016, 08:10:57 AM
#4
I think lots of BTC entered Poloniex to pump ETH. After they slowly exited, they also started pumping other coins a month ago. You could see that, since all coins started raising at same time. Now are withdrawing. 

Got it. I'm very new and entered after the pump started, so I was missing the whole picture.
legendary
Activity: 2730
Merit: 1288
April 10, 2016, 08:06:41 AM
#3
I think lots of BTC entered Poloniex to pump ETH. After they slowly exited, they also started pumping other coins a month ago. You could see that, since all coins started raising at same time. Now are withdrawing. 
hero member
Activity: 1032
Merit: 502
April 10, 2016, 08:01:37 AM
#2
They are dropping because they were pumped. Now it`s time for these alts to go down.
hero member
Activity: 994
Merit: 513
April 10, 2016, 07:59:33 AM
#1
Soooo, apart from few exceptions, all major alts are losing value, but BTC is not rising significantly. What's going on? Is this due to the upcoming Halving? Some people say that at least ETH dropping is in anticipation of the Lisk launch, but that seems a little far fetched to me. What do you think?
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