Any reason for this current drop? - page 2.

Maren

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Activity: 304

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Quote from: md.falkone on January 21, 2018, 01:42:47 PM

i think of sags that there is a game of big uncles. all these fluctuations become specially. on fluctuations, on rumors very much make good money. it seems that banks of China and Koreas have very well worked well together with cryptobillionaires Undecided

The sooner more people realize crypto is now big uncle game and a lot easier to rig than the stockmarket, because there are no regulations to speak off, the better.

Caveat emptor, hitching rides on whales' backs

Elseye

full member

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ApolloX

That's the way crypto-market is today - very unstable and hard-to-predict; being a crypto-trader, investor or holder is very stressful, I should say. The are no particular reason, but that's probably a crysis which will change to growth.

md.falkone

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i think of sags that there is a game of big uncles. all these fluctuations become specially. on fluctuations, on rumors very much make good money. it seems that banks of China and Koreas have very well worked well together with cryptobillionaires Undecided

Igromania

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Activity: 320

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Quote from: kueyen on January 21, 2018, 11:51:07 AM

Quote from: housebtc on January 21, 2018, 11:33:58 AM

I am tired of people reporting the price of these coin almost every hour, don't forget that Bitcoin price still has a very great influence on most of the prices of this coin and if there is something like 2-4% drop in BTC price it cross across most prices especially in Fiat

Yes, but why is bitcoin dropping then?

Usually the price falls against the background of bad news when a ban that svayazanno bitcoin is imposed.

Durr_1412

full member

Activity: 350

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Some countries try to control the leak of their nation money to digital currency.
However, soon or late, they will lose.
This is a crypto-world, they can stop crypto currency running on their country, but they CAN'T stop the world.

ngacengan

full member

Activity: 504

Merit: 100

Quote from: JumboCactuar on January 21, 2018, 11:20:04 AM

Nearly every coin dropped last hour, any reason?

I think a lot of coin is down because bitcoin exchange rate with USD decreases and circulation issues that some countries in ASIA prohibit the use of bitcoin in the country, maybe it could be the trigger of price decline all coin, I hope this can rise again as late as 2017 then, hopefully can happen again at the end of 2018.

lovesybitz

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Activity: 868

Merit: 289

Quote from: JumboCactuar on January 21, 2018, 11:20:04 AM

Nearly every coin dropped last hour, any reason?

IT was JP MORGANS, publish some announcement to make bitcoin fall and some other coins to. for him to enjoy the ride and sack more bitcoin onn hit warehouse! LN and ZAP is coming into the community so every whale needs to have more than what they have now, you will see the legitimacy of this message on the end of first quarter of this year!

arditiyan

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I do not know anymore with what happened lately, the market plunges to 50%. is this due to the issue of banning bitcoin and altcoin in different countries?

alyssa85

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Quote from: JumboCactuar on January 21, 2018, 11:20:04 AM

Nearly every coin dropped last hour, any reason?

Coins are only down by a few percent - it's nothing more than profit taking. Stuff can't go up forever, and paper profits mean nothing enless you sell and make the profit real.

Lancusters

sr. member

Activity: 630

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I think everyone is now waiting for the modernization of bitcoin. I am sure that it will happen this year. Now whales will buy coins at a low price for those who are tired of waiting and lost faith in the cryptocurrency. Then we will see a sharp jump in the prices of all coins. Have patience and you will be rewarded.

sujonali1819

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Quote from: JumboCactuar on January 21, 2018, 11:20:04 AM

Nearly every coin dropped last hour, any reason?

resently which dump occured i think its only depended on bitcoin price droping.When bitcoin will stable again at 15-18 k$. i think again all alt coin will raise.And keep in mind that its crypto.pump dump is always happen.you should take it normal.and wait for price up.

JinCrypts

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Quote from: JumboCactuar on January 21, 2018, 11:20:04 AM

Nearly every coin dropped last hour, any reason?

Really man, we are in crypto so this is expected that the price is fluctuating. It can be low also it can be high. Crypto's price is not stable and not always going upwards. But one reason why crypto is not stable because of constant trading the dumps and buys of coins affects its price so that is why it is normal to see fluctuation every time.

kueyen

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Activity: 140

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Quote from: housebtc on January 21, 2018, 11:33:58 AM

I am tired of people reporting the price of these coin almost every hour, don't forget that Bitcoin price still has a very great influence on most of the prices of this coin and if there is something like 2-4% drop in BTC price it cross across most prices especially in Fiat

Yes, but why is bitcoin dropping then? I'm annoyed by the fact that when all coins are dropping we look for explanations retrospectively, no one can say that the prices are dropping due to this or that. I get that crypto is an entirely new market with different dynamics, but the basic law of supply and demand remains the same. So it annoys me to no end that we have to accept these sudden drops because "crypto is like that".

lythanhbinh

newbie

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There are have many bad news about crypto.

I think everyone is waiting Korea's news Embarrassed

Grim149x

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Quote from: JumboCactuar on January 21, 2018, 11:20:04 AM

Nearly every coin dropped last hour, any reason?

I don't know but what I always seem to notice is that most altcoins will go down too when bitcoin's price goes down. I'm still studying this crypto space and it's fun but confusing at first.

Swinging Phallus

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It's crypto. There will be drops and highs all the time man. It's mainly market movement and yes of course there is manipulation but that's just what you get in this kind of market.

zippyjetman

newbie

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Merit: 0

I'm curious myself. The only recent negative news I found was out of India:

https://www.express.co.uk/finance/city/907786/bitcoin-price-india-cryptocurrency-trading-btc-exchange

housebtc

sr. member

Activity: 588

Merit: 252

I am tired of people reporting the price of these coin almost every hour, don't forget that Bitcoin price still has a very great influence on most of the prices of this coin and if there is something like 2-4% drop in BTC price it cross across most prices especially in Fiat

JumboCactuar

jr. member

Activity: 166

Merit: 1

Nearly every coin dropped last hour, any reason?

Topic: Any reason for this current drop? - page 2. (Read 334 times)