Most top volume coins bleeding as of 19SEP

hdn

hero member

Activity: 682

Merit: 500

Quote from: shanem on September 20, 2016, 08:42:54 AM

If you look closely at the altcoin market, you can see that many of them are overpriced at the moment. It would be a matter of time before whales cash out their altcoins at inflated price and hold their bitcoin. The whales will then pump bitcoin and altcoins will crash because of bitcoin rising. Then when the alts are low, the whales will be back to pump.

Any idea bro, what coin going to be effected ..opinion

shanem

legendary

Activity: 1344

Merit: 1000

If you look closely at the altcoin market, you can see that many of them are overpriced at the moment. It would be a matter of time before whales cash out their altcoins at inflated price and hold their bitcoin. The whales will then pump bitcoin and altcoins will crash because of bitcoin rising. Then when the alts are low, the whales will be back to pump.

Cryptojunkey

sr. member

Activity: 250

Merit: 250

Every coin gets in a bubble at one time, there are many reasons behind the timing of it. After the first of the year most saw a huge drop in price as bitcoin started to climb and people got out of them. As of the last few months, coins were back to gaining value and we are now at the point where they are past their bubble stage and are deflating. They cant keep rising forever, with a downtrend comes a decrease in volume. Check out XCP, FCT, XMR and you will see. Time to buy is not now(Not all but most).

ETH and ETC you have alot to think the hacker for, many lost faith and got out. It could be a different ball game if that all wouldnt have happen, who knows.

Also, with the top volume coins drying up its a domino affect, less btc trading among the exchange means much less volume as a whole. Its like an ecosystem.

XMR is also in a downtrend, volume will dry up slowly.

European Central Bank

legendary

Activity: 1288

Merit: 1087

why did everything pump? no particular reason. why is everything not pumping now? probably the same.

sandiman

hero member

Activity: 560

Merit: 501

Keep searching for the news Wink

probably the pumper are on the moon for the week.

Damn ...

xJuturna

sr. member

Activity: 252

Merit: 250

Anybody have any ideas why this is? Seems XRP and XEM are the only ones who aren't, but just barely. I haven't been able to find any news using my resources to give me a valid reason as to why this is happening. A lot of people are speculating the pumpers / whales are all vacationing on the their yachts Roll Eyes

Topic: Most top volume coins bleeding as of 19SEP (Read 389 times)