Can someone explain me why all of them are going down?

hridoyb

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Bitgesell (BGL) Decentralized Cryptocurrency!

Quote from: Bezobraznike on February 02, 2018, 06:09:25 AM

How it is possible for all of them to go down? I can not find logical
answer. If they are have different chains, different communities, what
is happening for second that that can affect all the markets and all the
coins, what is that strong?
If you do not have a clue, please restrain yourself from commenting.
I would like to see and read answers from people who might know
something more, thanks in advance.

Crypto market depends on bitcoin or eth but we heard facebook ban bitcoin,china ban all crypto currency exchanger.This the main cause for destroy market and got down. https://cointelegraph.com/news/bitcoin-dips-below-7k-amidst-news-of-chinas-full-ban-of-cryptocurrency-exchanges.crypto market will back soon need some time and do not worry for present situation

Gelesko

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Quote from: Bezobraznike on February 02, 2018, 06:09:25 AM

How it is possible for all of them to go down? I can not find logical
answer. If they are have different chains, different communities, what
is happening for second that that can affect all the markets and all the
coins, what is that strong?
If you do not have a clue, please restrain yourself from commenting.
I would like to see and read answers from people who might know
something more, thanks in advance.

Because the market is made that way and they all pritty much follow bitcoin graph of buying and selling. There is a lot of uncertainty in the market right now, people with big money came in and someone want's to reown them (some lose, some win), that's how financial sector works. Of course Chinese New year and new regulations, also affect the market, making panic on the market, so investors sell off their token

Mark-Krawed

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Activity: 43

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If you look back 2013 onwards chart the january is always a good day to buy because the bitcoin mostly drop for the past dew years.. After last december increase it's already expected to step back the price of btc. I suggwst just hold and buy..

Leyss

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Crypto currency is very related. After the December price increase, bitcoin went to correction, and since any conversions of violas to fiat occur, as a rule, through bitcoin, the alto also went downstream after bitcoin. It was always, because most altcoins do not have the possibility of independent walking.

syberwolfen

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Activity: 790

Merit: 261

Quote from: europesss on February 08, 2018, 11:28:50 PM

Quote from: Bezobraznike on February 02, 2018, 06:09:25 AM

How it is possible for all of them to go down? I can not find logical
answer. If they are have different chains, different communities, what
is happening for second that that can affect all the markets and all the
coins, what is that strong?
If you do not have a clue, please restrain yourself from commenting.
I would like to see and read answers from people who might know
something more, thanks in advance.

Bitcoin is the biggest one , its price go down , the price of altcoins will go down too. It's happened many times in the past.

Bitcoin's fluctuations have direct impact on altcoins as most of us are aware of this but this time ethreum has proved it wrong

europesss

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Activity: 546

Merit: 250

Quote from: Bezobraznike on February 02, 2018, 06:09:25 AM

How it is possible for all of them to go down? I can not find logical
answer. If they are have different chains, different communities, what
is happening for second that that can affect all the markets and all the
coins, what is that strong?
If you do not have a clue, please restrain yourself from commenting.
I would like to see and read answers from people who might know
something more, thanks in advance.

Bitcoin is the biggest one , its price go down , the price of altcoins will go down too. It's happened many times in the past.

maxamus

sr. member

Activity: 833

Merit: 267

Quote from: ocid on February 08, 2018, 10:48:15 PM

Quote from: Bezobraznike on February 02, 2018, 06:09:25 AM

How it is possible for all of them to go down? I can not find logical
answer. If they are have different chains, different communities, what
is happening for second that that can affect all the markets and all the
coins, what is that strong?
If you do not have a clue, please restrain yourself from commenting.
I would like to see and read answers from people who might know
something more, thanks in advance.

indeed I think this will cause panic in some people who still hold crypto until now because the price decline looks very soluble. but I am still optimistic that price movements will return to normal even will have a marked price increase so stay calm in the face of the current market situation. and it is only a matter of time for the survivors to hold crypto to this day while waiting for the most favorable moment.

Yes the price looked so terrible but if you compare this price with the price which bitcoin was traded this time last year you will find it better so the point I wanted to make here is nothing but the experienced users knows that fluctuations are common in crypto but I am afraid about panic selling of newbies

ocid

sr. member

Activity: 588

Merit: 256

Quote from: Bezobraznike on February 02, 2018, 06:09:25 AM

How it is possible for all of them to go down? I can not find logical
answer. If they are have different chains, different communities, what
is happening for second that that can affect all the markets and all the
coins, what is that strong?
If you do not have a clue, please restrain yourself from commenting.
I would like to see and read answers from people who might know
something more, thanks in advance.

indeed I think this will cause panic in some people who still hold crypto until now because the price decline looks very soluble. but I am still optimistic that price movements will return to normal even will have a marked price increase so stay calm in the face of the current market situation. and it is only a matter of time for the survivors to hold crypto to this day while waiting for the most favorable moment.

maarx

hero member

Activity: 882

Merit: 517

cloverdex.io

Quote from: Haunebu on February 04, 2018, 09:34:57 AM

Quote from: DrBitcoin on February 04, 2018, 08:11:54 AM

Quote from: Bezobraznike on February 02, 2018, 06:09:25 AM

How it is possible for all of them to go down? I can not find logical
answer. If they are have different chains, different communities, what
is happening for second that that can affect all the markets and all the
coins, what is that strong?
If you do not have a clue, please restrain yourself from commenting.
I would like to see and read answers from people who might know
something more, thanks in advance.

I think this may be the easiest question ever to answer. Just look at what happened to bitcoin in November and December. It had unsustainable parabolic growth. Too many new, uninformed investors came in to make a quick buck. The system got overloaded, throw in tons of negative news stories about regulation, etc...and these newbies fled like rats on a sinking ship. Veteran Whales didn’t want to see their unrealized gains evaporate, so they moved their money into tether or USD. The Sell orders overtook the Buy orders massively...and it tanked.

Am I talking about 2014? Or 2018? It’s hard to say because this is the same exact situation just with a lot more “000s.” Nobody can predict the future...but my guess is everything recovers eventually. If history repeats itself we may be looking at 2-3 years. Anybody’s guess.

Well said. I highly doubt that it will take 2-3 years for the market to recover based on past history since I am very confident that bitcoin and the entire crypto market will recover in the coming few months and I also believe that Bitcoin will touch $40,000 by the end of this year. The integration of the Lightning Network and the mass adoption of segwit wallets will most likely help Bitcoin and the entire crypto market recover in the near future.

The growth trend assures a huge pump after such huge correction as per coinmarketcap.com. we had the same issue in 2015 where the correction last for more than 400 days plus loosing $1100 and you know it stared again from scratch and in less than 300 days, bitcoin value has gone to $2500k plus. So never waste time in selling out when such corrections occur. Try investing in more and utilize this situation to gather more crypto coins including bitcoin.

CurrencyMaster

jr. member

Activity: 93

Merit: 5

did u see a thread when coins where going down? nope.. because all wer eagerly watching till where everything will be going.. all starred like there is no tomorrow.. but suudenly when it happened all started panicking..

wen there is a growth upwards there definitely is a growth downwards as well...

the king of all currency bitcoin itself showed us that by ging till 20000$ and coming to 7000$

so dont expect everything will jus go straight up.. its must to have drops also

steins19

jr. member

Activity: 275

Merit: 1

The reasons why the market is down is because of personal interest. The government became interested in crypto like what happen in korera. Next is when gb bans ads about crypto. Which is to prevent people from getting scammed. But the real reason is that the founder of fb wants his own coin.

AravinthP

jr. member

Activity: 154

Merit: 1

The Next Generation Distributed Smart Network

Wow! $40,000 seems too far fetched from current levels. Scaling and the internal tussles within the team got to be addressed for bitcoin to reach there i believe

Quote from: Haunebu on February 04, 2018, 09:34:57 AM

Quote from: DrBitcoin on February 04, 2018, 08:11:54 AM

Quote from: Bezobraznike on February 02, 2018, 06:09:25 AM

How it is possible for all of them to go down? I can not find logical
answer. If they are have different chains, different communities, what
is happening for second that that can affect all the markets and all the
coins, what is that strong?
If you do not have a clue, please restrain yourself from commenting.
I would like to see and read answers from people who might know
something more, thanks in advance.

I think this may be the easiest question ever to answer. Just look at what happened to bitcoin in November and December. It had unsustainable parabolic growth. Too many new, uninformed investors came in to make a quick buck. The system got overloaded, throw in tons of negative news stories about regulation, etc...and these newbies fled like rats on a sinking ship. Veteran Whales didn’t want to see their unrealized gains evaporate, so they moved their money into tether or USD. The Sell orders overtook the Buy orders massively...and it tanked.

Am I talking about 2014? Or 2018? It’s hard to say because this is the same exact situation just with a lot more “000s.” Nobody can predict the future...but my guess is everything recovers eventually. If history repeats itself we may be looking at 2-3 years. Anybody’s guess.

Well said. I highly doubt that it will take 2-3 years for the market to recover based on past history since I am very confident that bitcoin and the entire crypto market will recover in the coming few months and I also believe that Bitcoin will touch $40,000 by the end of this year. The integration of the Lightning Network and the mass adoption of segwit wallets will most likely help Bitcoin and the entire crypto market recover in the near future.

Haunebu

hero member

Activity: 3178

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www.Crypto.Games: Multiple coins, multiple games

Quote from: DrBitcoin on February 04, 2018, 08:11:54 AM

Quote from: Bezobraznike on February 02, 2018, 06:09:25 AM

How it is possible for all of them to go down? I can not find logical
answer. If they are have different chains, different communities, what
is happening for second that that can affect all the markets and all the
coins, what is that strong?
If you do not have a clue, please restrain yourself from commenting.
I would like to see and read answers from people who might know
something more, thanks in advance.

I think this may be the easiest question ever to answer. Just look at what happened to bitcoin in November and December. It had unsustainable parabolic growth. Too many new, uninformed investors came in to make a quick buck. The system got overloaded, throw in tons of negative news stories about regulation, etc...and these newbies fled like rats on a sinking ship. Veteran Whales didn’t want to see their unrealized gains evaporate, so they moved their money into tether or USD. The Sell orders overtook the Buy orders massively...and it tanked.

Am I talking about 2014? Or 2018? It’s hard to say because this is the same exact situation just with a lot more “000s.” Nobody can predict the future...but my guess is everything recovers eventually. If history repeats itself we may be looking at 2-3 years. Anybody’s guess.

Well said. I highly doubt that it will take 2-3 years for the market to recover based on past history since I am very confident that bitcoin and the entire crypto market will recover in the coming few months and I also believe that Bitcoin will touch $40,000 by the end of this year. The integration of the Lightning Network and the mass adoption of segwit wallets will most likely help Bitcoin and the entire crypto market recover in the near future. Personally, I have already made the switch to segwit and it has been a good experience and I recommend the Green address wallet.

AravinthP

jr. member

Activity: 154

Merit: 1

The Next Generation Distributed Smart Network

The only answer which makes sense to me there is no way to justify the valuations of the coins. If we take a stock for example we have refined a way to device a relative strategy to evaluate the valuations. Till the time we have one like that for cryptos its pure emotion that will drive this market. Its not only crypto its the equity market as well which is free falling of late

DrBitcoin

sr. member

Activity: 350

Merit: 294

Quote from: VenturaBro on February 04, 2018, 08:13:22 AM

The important question is though is when are they going to start going up?

Many people think it'll take at least a month or two.

Only intelligent answer: No One Knows.

VenturaBro

newbie

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The important question is though is when are they going to start going up?

Many people think it'll take at least a month or two.

DrBitcoin

sr. member

Activity: 350

Merit: 294

Quote from: Bezobraznike on February 02, 2018, 06:09:25 AM

How it is possible for all of them to go down? I can not find logical
answer. If they are have different chains, different communities, what
is happening for second that that can affect all the markets and all the
coins, what is that strong?
If you do not have a clue, please restrain yourself from commenting.
I would like to see and read answers from people who might know
something more, thanks in advance.

I think this may be the easiest question ever to answer. Just look at what happened to bitcoin in November and December. It had unsustainable parabolic growth. Too many new, uninformed investors came in to make a quick buck. The system got overloaded, throw in tons of negative news stories about regulation, etc...and these newbies fled like rats on a sinking ship. Veteran Whales didn’t want to see their unrealized gains evaporate, so they moved their money into tether or USD. The Sell orders overtook the Buy orders massively...and it tanked.

Am I talking about 2014? Or 2018? It’s hard to say because this is the same exact situation just with a lot more “000s.” Nobody can predict the future...but my guess is everything recovers eventually. If history repeats itself we may be looking at 2-3 years. Anybody’s guess.

maverickasf

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The All-in-One Cryptocurrency Exchange

Quote from: trudovik on February 03, 2018, 05:41:03 AM

I think that very few people know what really happens with bitcoin and the market. Because most people just have some thoughts on this, but no one can say for sure. I think that this whole thing is connected with the fact that many countries are trying to prohibit the use of bitcoin. But they will not succeed

who knows, what if this is the end?) or maybe a new round and soon there will be a new explosion of the market. but as they say "to dream is not harmful" Wink

trudovik

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I think that very few people know what really happens with bitcoin and the market. Because most people just have some thoughts on this, but no one can say for sure. I think that this whole thing is connected with the fact that many countries are trying to prohibit the use of bitcoin. But they will not succeed

totnaksquad

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Quote from: Bezobraznike on February 02, 2018, 06:09:25 AM

How it is possible for all of them to go down? I can not find logical
answer. If they are have different chains, different communities, what
is happening for second that that can affect all the markets and all the
coins, what is that strong?
If you do not have a clue, please restrain yourself from commenting.
I would like to see and read answers from people who might know
something more, thanks in advance.

All the altcoins are just reacting to what bitcoin's movement,for example bitcoin goes up or down surely these altcoins will go dump,and the only time these shitcoins grows is when bitcoin stabilized or goes sideways,thats the fact and most of the time thats what happens when Bitcoin's move plus FUDs are the main factor why bitcoin is dumping most of the weak hands are panic selling while they shouldnt be doing that,because this is how the whales play.

Topic: Can someone explain me why all of them are going down? (Read 530 times)