everything red again. - page 3. | Bitcointalksearch.org

owengtam09

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Quote from: sufferer123 on November 11, 2017, 05:43:52 AM

I think it's all about cancellation of BTC fork and BCH's own fork. People bought Bitcoin Cash instead of selling Bitcoin. I personally think that people will return to Bitcoin again after BCH fork. So after 13 November, everything may be green again. lol

Yeah, I think this is also possible, since we all know that hard fork is near so that some of us are making again a panic selling, that is also why bitcoin price today is dropping, but we don't have to worry about since we already know that bitcoin price can reach $7500 again soon after the hard fork and I guess this is the right time for the investors. We already have now $6500 bitcoin price and I think it will still drop up to an average of $5000-$6000 then buy more bitcoins and wait again to increase its price again.

hasmukh_rawal

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It is probably due to the upcoming BCH fork. Forks are the main reason why a particular coin which is going to be forked rises up and all the other coins go down as hell. The BCH fork has made everybody buy BCH and that's why it is keeping on gaining an increase in price.
The altcoins will surely fall if it keeps happening all the time. All these forks are killing the Altcoins.

lablab03

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Quote from: Paranuatu on November 10, 2017, 09:10:30 AM

What are your thoughts?

can i ask op what its means? "everything red again"? Sorry im just curious im just a beginner starting to gain some knowledge maybe it can add. Lol sorry

torukmakto

member

Activity: 219

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It is about circulation of money between crypto coins. It's the usual thing we need just patient: D. I am not optimistic person but crypto world is raising by day by. Every moment provides new way to improvement. Always there will be reds and greens.

HAARP

full member

Activity: 206

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Quote from: Swinging Phallus on November 10, 2017, 10:10:07 AM

Quote from: Queen_Amber on November 10, 2017, 09:34:15 AM

My thoughts? A correction has happened and its time for buy more altscoins for discount price

Amen, what this guy said. Sure you may have lost some money during the run but no worries since it will recover eventually. Patience is key, I'm sure all those that bummed out of ANS early stage regret it after seeing NEO pump.

Patience is the key right yet how long to wait for the market to get back to old good days? I'm so sick of these low prices of my holdings.

We were happy for bitcoin's price increase due to cancelled segwit2x, now everything going to be red again.

chidrawarster

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This basically happens when BTC or major coins are rising. Thats the time when i do a lot of buying altcoins and wait for major coins to drop which hopefully gives more momentum in rise in altcoins. Thats when major of the altcoin traders take their profits and move on to some other altcoins buying them at low prices. I have seen this happening again and again , may be this is a cycle for rise of altcoins when major coins are dropping. Keep buying altcoins at low prices and take good returns on short term.

Hammonds

sr. member

Activity: 532

Merit: 250

I also feel confused this time bitcoin has also dumped about 7% in the last 24 hours. I hope with the decrease of bitcoin then all altcoin will crawl up, although at this time there are still some altcoins that are getting down.

david0ikari

member

Activity: 280

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This is really frustrating. This is due to the cancellation of the fork. But I guess this is just postpone for now. At the same time Bitcoin cash is draining all crypto down

APICEMTECH

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Blockchain Just Entered The Real World

Just some price consolidation before all the alts make new ath's in the coming few months. If I were you I would not look everyday at the charts if you are not day trading.

cryptopan

member

Activity: 196

Merit: 10

Its because forks are being cancelled or move to another date,very unprofessional way of doing system upgrades.They announced forks are cancelled but then later on its still on.

000JC88

full member

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Quote from: Paranuatu on November 10, 2017, 09:10:30 AM

What are your thoughts?

Whales have decided to bump Bitcoin Cash for now, I do not recommend you to buy any if you are not willing to get a high risk choice.
Buy Alts again while are cheap, don't follow the whales, be the master on your own game.

sufferer123

member

Activity: 574

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I think it's all about cancellation of BTC fork and BCH's own fork. People bought Bitcoin Cash instead of selling Bitcoin. I personally think that people will return to Bitcoin again after BCH fork. So after 13 November, everything may be green again. lol

leea-1334

hero member

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Temporary forum vacation

Hmm, I am not sure what reds you are seeing. Bitcoin lost $1000 in 2 days, recovered a bit but looks like has strong support at $6500. This means alts are picking up, not just against BTC value but also in fiat value. I am slowly recovering my alt positions but they are still in massive losses from late September haha. If I can slowly recoup up to -30% or less, I will be happy. But not sure I am happy Bitcoin has to go lower because of that. Ideal scenario: Bitcoin goes back up past $7000 AND alts, like before also rise in value.

Maren

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Quote from: cryptosifu on November 11, 2017, 02:49:33 AM

Quote from: Poink on November 10, 2017, 10:26:12 AM

It is because Segwit2X is back on...

No it's not.

https://bitcointalksearch.org/topic/bitpico-segwit2x-going-ahead-as-planned-2381889

It is, just not by the original proponents. A lot of people went and bought b2x futures and got left hanging in the wind by the 2x bosses. It will probably be a smallish fork though as the main supporter has 5% hashrate tops and 2x seem to have started supporting BCH openly.

Painbird

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basically if you are not smart to trading then you will goes to loose your money. that's why I stop to trading becouse I thing now trading is risky.after few days letter I decide what I do.

pearlmen

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Activity: 322

Merit: 250

Quote from: kandholabhavna on November 10, 2017, 10:17:22 AM

I wouldn't worry about this. After a spike that almost all alt coins made yesterday they have to make a correction before they can continue upwards. This is actually healthy for continued growth of alts.

Anyone should not even be too bothered about the direction of alt just like I have set my mind because if you do, you realize you keep on making rash decisions that will only end in regret. Just set your mind that its normal for price to rise and fall, my role is to key in into whatever will put me in a better position and that's by creating an order, leave it there, check on it frequently to renew you order and move on to bigger things.

deloreswest

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the rise of bch make me broke. all red but some are rise significantly such as bch and etc. good for you who invest in them

darthmaul

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Quote from: Paranuatu on November 10, 2017, 09:10:30 AM

What are your thoughts?

Everything is red because things are in ambiguity right now. People are confused whet rot keep the bitcoin or buy the alt coins or the other way around. Things will be sort out soon after the correction is over and bitcoin market cap has been recovered to home position again. These kind of thing happens once in while so people are not getting what to decide at this point. Whether to buy the coins or not. Those with big investment are trying to secure the investment with bitcoin and few of them are getting into alts. So the red will be seen for quiet a long time now. We will see what happens soon. :-)

Falgorn

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The fact that the altcoyins began to decline again for a while, nothing terrible happened. No crypto currency can continuously grow up. Moreover, they are strongly prone to volotility. You need to have patience and wait for your time. Everything will increase and everything will necessarily fall in value.

SopihxiDesil

newbie

Activity: 41

Merit: 0

Green day is back. Every altcoin increase, but i think we should sell all altcoin before red day coming back.

Topic: everything red again. - page 3. (Read 1269 times)