Reason behind the fall of altcoins??? - page 2.

Ridwan Fauzi

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Quote from: mahilchii on February 01, 2020, 08:49:46 AM

A lot of altcoins have fallen and it's been tough years for alts, Ethereum and other alts have hit harder these coins perform only if Bitcoin rises. So what's actually happening???

Why is it that altcoins are suffering more significantly, Is there any hope for a massive pump this year? Guys kindly share your thoughts.

Will you accept to what everyone says?

Please dude don't do these thing, you should make your own research moreover if you take it as your decision to invested.

Because there is no one who will know will gonna happen in the future. They just make a speculation and you can do as well, just see the sentiment market right now and you can compare with the privous years.

Rosilito

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Quote from: jossiel on February 01, 2020, 03:44:14 PM

It wasn't tough this January.

The year has just started and a lot of things could happen from the next quarters. You could and couldn't expect a massive pump this year if mostly you are holding a lot of coins that are totally not on the top list.

But isn't it great that we're seeing a green percentage every time we look at CMC.

Agree, it is not tough for altcoins, imo. January did happened a lot, and market has been quite stagnant for a few weeks at a certain price then later on will pump. Other alts are gradually increasing like BCH, LTC, DASH, and so on. May be you are looking deep down below among the top list. Well, some of it are having a tough time increasing but, once again, if you would look on wider scale most of alts had a great run by January alone.

Quote from: XCANA on February 01, 2020, 05:14:16 PM

Although I can't spot out the reasons behind the drastic fall in altcoins. The fall was not for the altcoins only but also, Bitcoin fell while the altcoins where swimming in the ocean of dip. We all know that, many atimes the actions of the regulators also affect the altcoins, many scammers have created several altcoins to scam gullible potential investors.

Not every movement has a particular reason though. No need to point out something, sometimes it is a naturality of circumstances, people tend to buy out joining such movement when market increased that fuels extra push to positive movement of the market, and on the other side, when alts hit certain price people tend to sell it off to take away some profit before it became too late.

Dart18

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A simple question would need a simple answer.
It was the stable coin.
When those kind of coins came in, alts are forgotten. If not, they are not much used in trading which is their life.
Not much investors will buy a coin that doesnt move much.
It had been always bitcoin.
They just use the alts whenever they see a large dump which will happen with bitcoin. Yeah, to save the funds.

vicoma

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Apart from crypto market being volatile, most of the alternative projects are a scam. After the launch and they manage to get listed on an exchange, no more progressive report to the investors and community. Besides that, the roadmap will not be followed and most features will not be implemented, so people are being careful to invest in alternative coins

BlackFor3st

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Quote from: mahilchii on February 01, 2020, 08:49:46 AM

A lot of altcoins have fallen and it's been tough years for alts, Ethereum and other alts have hit harder these coins perform only if Bitcoin rises. So what's actually happening???

Why is it that altcoins are suffering more significantly, Is there any hope for a massive pump this year? Guys kindly share your thoughts.

There are tons of altcoins so you cannot expect that all of them will rise, as I saw the market situation right now most of the altcoins are green. The only reason why most of the altcoins are having a hard time or they fall is that they were not able to maintain their stability in marketing and development so the demand continuous to goes down the same with their prices.

Bitcoin price is already starting to goes forward and as you know that bitcoin the mother of all altcoins so what is happening right now is almost dependent to bitcoin. Once the bitcoin price goes up, the altcoins will start to move forward slowly and once the bitcoin price will goes down the altcoins price will easily goes down.

Maslate

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Quote from: XCANA on February 01, 2020, 05:14:16 PM

Although I can't spot out the reasons behind the drastic fall in altcoins. The fall was not for the altcoins only but also, Bitcoin fell while the altcoins where swimming in the ocean of dip. We all know that, many atimes the actions of the regulators also affect the altcoins, many scammers have created several altcoins to scam gullible potential investors.

Altcoins have been fallen drastically because of the ICO projects that only end up being scams which made all investors lose hope in altcoins. Others only sell their altcoins because they prefer to invest more in bitcoin which is always leading the market leaving the altcoins behind.

Capt00

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Quote from: mahilchii on February 01, 2020, 08:49:46 AM

A lot of altcoins have fallen and it's been tough years for alts, Ethereum and other alts have hit harder these coins perform only if Bitcoin rises. So what's actually happening???

Why is it that altcoins are suffering more significantly, Is there any hope for a massive pump this year? Guys kindly share your thoughts.

The main reason why altcoins never look so good by now is that investors never have much interest in them, its something they are just ignored by many as they much focus on Bitcoin. We're not saying that altcoins will collapse or anything that makes them dissolve in the market but investors are now anticipating the coming Bitcoin halving which they could possibly generate more profit if they are investing Bitcoin by now compared to altcoins.

I'm not really thinking bad for altcoins, and we also have to understand that some altcoins are dead already. We can't expect them to rise unless hypes would push into it.

XCANA

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Although I can't spot out the reasons behind the drastic fall in altcoins. The fall was not for the altcoins only but also, Bitcoin fell while the altcoins where swimming in the ocean of dip. We all know that, many atimes the actions of the regulators also affect the altcoins, many scammers have created several altcoins to scam gullible potential investors.

jacafbiz

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Quote from: mahilchii on February 01, 2020, 08:49:46 AM

A lot of altcoins have fallen and it's been tough years for alts, Ethereum and other alts have hit harder these coins perform only if Bitcoin rises. So what's actually happening???

Why is it that altcoins are suffering more significantly, Is there any hope for a massive pump this year? Guys kindly share your thoughts.

I think the reason people are not showing much interest in Altcoins for now is the coming BTC halving, past price actions during the halving have shown BTC price always move up and people do not want to miss out of these gains, apart from all these BTC forks that are aalso doing well BTC is what is driving the price of most of these ALtcoins up

jossiel

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It wasn't tough this January.

The year has just started and a lot of things could happen from the next quarters. You could and couldn't expect a massive pump this year if mostly you are holding a lot of coins that are totally not on the top list.

But isn't it great that we're seeing a green percentage every time we look at CMC.

cytpoway121

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Alot of people perhaps fault the fall on bitcoin low prices but i think altcoins fall because they offer no importance ot the society and lack hype.

Altcoins growth depends on quality, sustainability and hype

Waves for example has been improving steadily over the months a reason its survive the bear market, even neo and litecoin

Samayuki

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Quote from: mahilchii on February 01, 2020, 08:49:46 AM

A lot of altcoins have fallen and it's been tough years for alts, Ethereum and other alts have hit harder these coins perform only if Bitcoin rises. So what's actually happening???

Why is it that altcoins are suffering more significantly, Is there any hope for a massive pump this year? Guys kindly share your thoughts.

Do not expect the wild altcoin bull run of 2017 to happen again, I hate to say this I feel it's never going to be like that again, even if bitcoin reach over 20k $$ it won't be a huge bull run for many coins, the only hope left is lower bitcoin dominance after it reaches a new high price

abeecrypto

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Massive? I don’t know. But, of course, there is hope for huge boost for altcoin. We all know how the crypto market is. It has always been volatile. The start of 2020 has started well enough. I believe it will be better.
As for the fallen of altcoins, it’s all due to shitty projects flowing around the place. That reduce potential investors confidence in what altcoin can offer.
All in all, It will get better with time.

DDante

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There is nothing to worry about, this year will be different and we still have to depend on bitcoin for altcoins to start pumping big, I think altcoins can't do this on their own, if a altcoin pumps on it's own it will be on a hype or burned supply but now it's all on bitcoin to take the lead

thesmallgod

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Most of the altcoins that are being created lack innovative project backing. the altcoin has lost credibility. All that you see if you look out wide are some groups of people that will just come online, create a smart contract cheaply and also role out their own altcoin. All these shit altcoins have affected the price of some few good altcoins. And even as we all know that the market cap of crypto has dropped compared to before when there are many people actively trading crypto. If some few good altcoins like ETH, XRP etc. are struggling, you should not expect others to be rising except some random pump and dump.

aioc

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Quote from: mahilchii on February 01, 2020, 08:49:46 AM

A lot of altcoins have fallen and it's been tough years for alts, Ethereum and other alts have hit harder these coins perform only if Bitcoin rises. So what's actually happening???

Why is it that altcoins are suffering more significantly, Is there any hope for a massive pump this year? Guys kindly share your thoughts.

Majority of the altcoins with the exception of Ethereum are not developing or giving an update to the community, this is the reason why investors are leaving them and they are suffering from a price drop, this year is a good time for them to recover, but altcoins will have a hard time because every investor are now on Bitcoin, the dominance is very obvious.

Blackdeath

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Quote from: mahilchii on February 01, 2020, 08:49:46 AM

A lot of altcoins have fallen and it's been tough years for alts, Ethereum and other alts have hit harder these coins perform only if Bitcoin rises. So what's actually happening???

Why is it that altcoins are suffering more significantly, Is there any hope for a massive pump this year? Guys kindly share your thoughts.

Most altcoins really didn't perform well since the start of the year of 2018 until 2019 because scam projects have increased and the price of bitcoin had decreased that also affects every altcoins. But i think this year of 2020, altcoins such as ETH, XRP and other top altcoins will gonna improve it's value.

sorrros

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Because they grew up so quickly, this growth was based only on hype without any major correction, now they are in the phase when investors are finding the real market price based on fundamentals.

shinratensei_

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Quote from: mahilchii on February 01, 2020, 08:49:46 AM

A lot of altcoins have fallen and it's been tough years for alts, Ethereum and other alts have hit harder these coins perform only if Bitcoin rises. So what's actually happening???

Why is it that altcoins are suffering more significantly, Is there any hope for a massive pump this year? Guys kindly share your thoughts.

When bitcoin gets a bullish trend and the majority of people are shorting it by trying to convert all of their altcoins to bitcoin because they have hopes that they can get it as soon as possible and take advantage before the peak price of bitcoin pump will be reached. That's why altcoin suffers the more

When bitcoin goes stable and they will be moving back to the altcoin again as soon as possible before the recovery of altcoin happen. But this is not always working dude, as you can see the market is still taking another factor like fundamental, news, rumour and many more to determine the trend. This time when bitcoin gets increase and ethereum are following it.

That's how the crypto market works because people are always taking any opportunity available in the market.

Tipstar

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Crypto market has always been volatile. And there are not always reasons for small price changes. The coin could be decreasing at the time you posted this topic but almost all of altcoins are increasing at the time I'm posting this reply. If you look at the trend, all coins are in an increasing trend since the start of this year.

Topic: Reason behind the fall of altcoins??? - page 2. (Read 492 times)