Topic: Cause of Altcoin Drops? (Read 415 times)
the market had to improve a little, prices were too inflated. we can see a big rise when summer arrives.
Its all about what Bitcoin does. Alts will follow.
this lacks crypto, all interdependence. no other force can hold alt down with Bitcoin.only a few coins that can survive, and even then not long.
Bitcoin affects everything in crypto, I think this is too panicky.
Mostly bitcoin is the reason.As soon as its a small drop,bots are on automatic selling.And yes,people are using bots our days mostly.Alts goin down,btc bounces back,but alta cant recover that fast.And time after time like this,alts just cant keep up.Need a growing market.And of course lets not forget about normal alts correction
FUD makes bitcoin drop=altcoins follow because you buy altcoins with bitcoin. Altcoins drop=people sell their alts for BTC because it is considered safer, or because that's the road to getting it to fiat. When people jump on the panic sell train of either BTC or alts it will drop even further, really a FUD cycle. I think that over time with adoption altcoins will be less and less pegged to the bitcoin prize. Think about it, most people have just learned what a bitcoin is. When they realize there are alot of better technologies out there, it's logical to think that altcoins will grow a lot. Considering how long bitcoin has been alive compared to other currencies this won't happen over night, but it will probably happen. If you believe strongly in the tech/devs etc of an altcoin, I would HODL for sure.
According to a senior executive at Singapore’s central bank and financial regulator, speculative cryptocurrency trading may be having a negative effect on experimentation and advancement in the burgeoning blockchain technology and cryptocurrency space.
https://cryptovest.com/news/speculative-crypto-investors-hurting-underlying-technology-singapore-cen-bank-official/
https://cryptovest.com/news/speculative-crypto-investors-hurting-underlying-technology-singapore-cen-bank-official/
we must have a little patience. projects must start running. we too have collapsed with our alaric. but when the ecosystem begins to use alco alaricin prices will grow again
BTC is like gold in the fiat market. Any fiat currency is being back-up by Gold. The same thing I think what is happening in crypto world. BTC is sort of a base of Alts and if BTC drops, the same thing happen to Alts. Many news as well coming out and there are considerable reason of price changes.
I think the reason why altcoins and tokens drop is because BTC also drop. Many people said if BTC drop altcoins drop, if BTC up altcoins drop, if BTC stable altcoins up. So many people hope BTC up and then stable. FUD is the reason why BTC drop. But I’m believe that cryptocurrency can “wake up” from this condition.
every single token dump... is this because BTC is dropping also?? all altcoin drops. what do you think what is the cause of this dumping price.? i can't sell my EQL token because the price is to low. from .0000095 eth it drops to .0000047 eth.. why is this happening??
Sudden dropping and over surging of price are normal movement in cryptomarket. This usually happens if the forces of investor react positively or negatively. In this case more forces of negative happens in crypto. Bad news coming from US, China, and India storm the cryptocurrencies. The key here is to take the opportunities that we're receive every day.
every single token dump... is this because BTC is dropping also?? all altcoin drops. what do you think what is the cause of this dumping price.? i can't sell my EQL token because the price is to low. from .0000095 eth it drops to .0000047 eth.. why is this happening??
It happens to majority of the coin in my case I bought Coinfi at 35 cents and now it's trading at 12 cents, it's either you sell at a loss or you hold it for long term, I trust coinfi it has a good platform and a great team behind it working it's about patient and confidence at your investment.
Right now everything is correlated to bitcoin - way too much so for my comfort.
Its all about what Bitcoin does. Alts will follow.
The cryptocurrency market is strongly influenced by whale investors wanting to dominate this market. Any increase in crypto crystals is governed and regulated by the whale. Be wise when investing in the market, you will survive and grow with the whales, otherwise you will fail.
The first thing is that most people don't trust most of these Altcoins, it was just used for specualtive purpose, so when the price of Bitcoin is talking bashing other Altcoins holders run to haven but since BTC is the only gateway to exit their position they need to sump their tokens to run for safety
and that's the reason why fuds against bitcoin are very important and most of the time dictates the price of all crypto in the market, i hope there will be a time in the future that every news about cryptocurrency will be verified first before releasing into the public or a news website were all articles are true. every single token dump... is this because BTC is dropping also?? all altcoin drops. what do you think what is the cause of this dumping price.? i can't sell my EQL token because the price is to low. from .0000095 eth it drops to .0000047 eth.. why is this happening??
Since cryptocurrency getting known globally, we cant escaped from any individuals or a group of people making FUD's which definitely create a huge effect into market downfall trend. Although, we know that crypto are in high volatile but it looks like market today seems to be manipulated by some individuals. 
At the moment altcoins prices are fully live in dependence on bitcoin price. More panic - more declining
The first thing is that most people don't trust most of these Altcoins, it was just used for specualtive purpose, so when the price of Bitcoin is talking bashing other Altcoins holders run to haven but since BTC is the only gateway to exit their position they need to sump their tokens to run for safety
I think price of altcoin is low now because of the price of Bitcoin. Demand is one of the major factor in this case. If demand is higher than supply then price will hit big amount easily.
the fall of the subcoins is linked to the decline of the bitcoin, so this event takes place so that the decline continues even if the bitcoin is recovered
i think when bitcoin not stable almost altcoin dump, i buy photon coin and FFC coin and cryptopia, now i cant sell because price is so low..
sometimes bitcoin is the reason why all altcoins are drops, if bitcoin huge dump then altcoins will dump as well, and another cause of altcoin drops the negative crypto news it will affect the altcoins.
Loss of trust in cryptomarkets were cause of latest altcoin drop. When bitcoin keeps mooning every other day people safely invest to altcoins but its reversed and people lost patience, left their alts.
This dip is cause by the fake news in india, the news about china and south korea about banning btc. For now just hold your coins till this fud is over
This is really what is happening and many are selling out of panic because of this fud. If were want to stop this dip then the right thing to do is to stop selling at thus moment because whenever we sell our Bitcoin we are helping the dip.every single token dump... is this because BTC is dropping also?? all altcoin drops. what do you think what is the cause of this dumping price.? i can't sell my EQL token because the price is to low. from .0000095 eth it drops to .0000047 eth.. why is this happening??
Equal is a fairly new crypto.
You dump it on release to get quick profits or you hodl for the long term.
There are a lot of reasons for this drop. One is that the market is undergoing its normal cycle and is just doing a normal correction, another is that it ia removing weak hands since crypto is not for the faint of heart. In addition, regulation is trying to catch up and is having a hard time since crypto is fast evolving that is why they are being aggressive and applying hard brakes for us to atleast slow down and let them catch up. Also, there are also the old people who are scared of what they dont know, and is afraid of changing the status quo wherein they can say who can make it or not.
Well, it's because of bitcoin all of altcoins may drop. I think that's the one reasons these altcoin going down.
This dip is cause by the fake news in india, the news about china and south korea about banning btc. For now just hold your coins till this fud is over
This is really what is happening and many are selling out of panic because of this fud. If were want to stop this dip then the right thing to do is to stop selling at thus moment because whenever we sell our Bitcoin we are helping the dip.every single token dump... is this because BTC is dropping also?? all altcoin drops. what do you think what is the cause of this dumping price.? i can't sell my EQL token because the price is to low. from .0000095 eth it drops to .0000047 eth.. why is this happening??
Equal is a fairly new crypto.
You dump it on release to get quick profits or you hodl for the long term.
We can say that this is an improvement.the market has become better quality and I am happy for it
You should hold, my friend
You should hold, my friend
The drop is because people who don't understand blockchain and crypto and have invested into what they think is a "get-rich-quick-schemes" are suddenly finding themselves unsettled by toothless barks
This dip is caused by the news from India that government will ban bitcoin or any other cryptocurrency. But the fact is that the news was misinterpreted as the finance minister of India told that It is not a legal tender. Still exchanges are operating smoothly. Next China Ban followed by South Korea ban all FUD. The positive is that market has absorbed all FUD. In next few weeks we can see good rally in bitcoin followed by altcoins.
The dump was caused due to negativity caused by news in main stream media about the ban of bitcoin and cryptos, rapid reduction in market cap is the reason in the dump in price of most of altcoins, personally i think that the market has absorbed most of the negativity already and we may see it recovering in coming days.
This is because of the decline in the bitco because the big countries are given very weary news and decisions
It's something everyone speculates on but can never really point, just like when the price goes up. This is the natural flow of markets, up and down in trends. Look at all the stock markets all over the world tumbling just like crypto. It's basically just a transferance of panic and fear. And for crypto, the only real coin to look at is Bitcoin. Outside of individual progress, all of crypto, every single token and alt coin, depends on Bitcoin's performance. When it goes down as it has been, then you see this decline. Recover like it is doing right now, and alts also do the same.
This dip is cause by the fake news in india, the news about china and south korea about banning btc. For now just hold your coins till this fud is over
May some individuals especially those who are hated crypto will continue spread FUDs that really give a huge impact to the crypto community which make weak believer will surely losen their trust. Since we've notice that market today are started to grow, it is an indications that FUD's may over. Do it so hard to recover quickly but still believing it will fully green in few weeks from now.
A very large amount of scared money. Easy for such weak hands to dump at a loss with no regard to satoshi or usd value. I believe there will be a crypto slingshot effect in our future after the culling.
every single token dump... is this because BTC is dropping also?? all altcoin drops. what do you think what is the cause of this dumping price.? i can't sell my EQL token because the price is to low. from .0000095 eth it drops to .0000047 eth.. why is this happening??
It caused by we are in the bearish time of crypto but i think that this is only happening for once in a year. I was seeing some previous chart that gives a lot of explanation regarding the latest condition of crypto and it seems like we are still at the bottom of crypto. Bitcoin gives a lot of impact to another altcoin. Because the price of bitcoin was correlated with altcoin. 
Specifically because of many FUD's that keep popping, literally if bitcoin is in dip most of altcoins are in drop too I think that is fairly to see how the market goes.
I think it is a good time to buy some dips cause there might be a bullish run because of this drop. Prefer major altcoins on buying they are good to hold.
I think it is a good time to buy some dips cause there might be a bullish run because of this drop. Prefer major altcoins on buying they are good to hold.
The best stance really as of the moment is to hold your investments and wait until the prices goes up again once confidence has been restored on Cryptos. The whales are definitely doing something else now since they cannot really do anything right now.
every single token dump... is this because BTC is dropping also?? all altcoin drops. what do you think what is the cause of this dumping price.? i can't sell my EQL token because the price is to low. from .0000095 eth it drops to .0000047 eth.. why is this happening??
FUD and weak hands.
Several months ago, cryptocurrency got a huge injection of funds. However, those are from new investors who doesn't know much about the crypto volatility. They panic easily (weak hands) and cash out when market start to go down triggering an avalanche. What remains are the ones who understand crypto and those like you who are itching to sell but can't (another form of weak hands).
We are in recovery mode now but it will be slower since half of the funds are gone. Crypto need infusion of cash to grow and hopefully this time it will be "organic" and not a sudden surge from a massive group of ignorant investors (like before).
This dip is cause by the fake news in india, the news about china and south korea about banning btc. For now just hold your coins till this fud is over
every single token dump... is this because BTC is dropping also?? all altcoin drops. what do you think what is the cause of this dumping price.? i can't sell my EQL token because the price is to low. from .0000095 eth it drops to .0000047 eth.. why is this happening??
Equal is a fairly new crypto.
You dump it on release to get quick profits or you hodl for the long term.
every single token dump... is this because BTC is dropping also?? all altcoin drops. what do you think what is the cause of this dumping price.? i can't sell my EQL token because the price is to low. from .0000095 eth it drops to .0000047 eth.. why is this happening??
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