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Topic: Reason behind the fall of altcoins??? (Read 471 times)

member
Activity: 117
Merit: 15
Yes, I do
February 10, 2020, 08:20:11 AM
#43
That's the nature of the market, especially in crypto which is very high volatility. one of the reasons for altcoin to fall is that there are no significant updates and newer innovations tend to be in demand, it is appropriate if investors dump the altcoin. also most people have the investment route, Bitcoin => altcoin => Bitcoin => altcoin => Bitcoin = Fiat ..  it can be concluded that people investing in altcoin is only for bitcoin or fiat, so it is very vulnerable if the project does not have a significant update, IMO investors will dump all coins. to recover alt market conditions is also very difficult, one of the reasons is that investors are more focused on bitcoin movements.
jr. member
Activity: 224
Merit: 1
February 10, 2020, 07:32:43 AM
#42
You can profit even in a bear market by buying exchange tokens like BNB and ecxx.
full member
Activity: 2128
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February 02, 2020, 06:11:36 PM
#41
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.



Bitcoin drops that much last year and maybe, bear market is really strong. You have nothing to worry right now because its pumping, and ETH made a good bounce back after the dip price. This year will be more easy for us, and no more big dumps. Have the best positive attitude with you mate, trust the good altcoins again.
hero member
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February 02, 2020, 06:08:48 PM
#40
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.
I have seen people lately that are telling that it wasn't so good for altcoins right now. Like, I don't know in what charts they are looking at and can't even see how the market is rising from what it used to be several months ago.

I can say that many altcoins too are really struggling but they are not that important as the top coins that we used to invest. So, they don't really need attention if the market is rising because those alts are the only thing they see now because it's part of their portfolio.
legendary
Activity: 2100
Merit: 1058
February 02, 2020, 09:51:03 AM
#39
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.
This actually is the first month of the year and how could you expect something big to happen in this month itself? We have seen some growth in bitcoins as well as altcoins from the start of January and now we have already entered February with the same price growth. This might indicate us that we already have entered a bullish trend which might end up in the bull runs.

Major altcoins would gain huge price as their demand would considerably increase with the times we get into the bull runs. 2019 was rather a tough year for bitcoins and altcoins because we did not see any growth in the last year as well as most of the markets were red before they could turn green again. This year would again make us believe the power of cryptocurrencies.
legendary
Activity: 3080
Merit: 1353
February 02, 2020, 09:44:31 AM
#38
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???

From what I've seen so far. Bitcoin makes a bull run at the end of 2017, other altcoins follow as well, Bitcoin falter and may have shift their funds to altcoin from Jan-Apr of 2018, some altcoins reach it's all time high that time. Investors cashing out, Projects cashing out as well, resulting to the slow and painful altcoin downtrend. And up to this way, most of the top altcoins are way behind it's all time highs.

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

If Bitcoin started its bull run after the halving, then it might have a domino effect on the altcoin market based on the previous pattern. However, "past performance is not indicative of future results", so we can't really say if we're going to see massive pump for the altcoin market this year.
jr. member
Activity: 163
Merit: 6
February 02, 2020, 09:23:33 AM
#37
I think here is multiple reason behind fallen of ALT coins. In the earlier 2018 when market was at its highest volume ever and then big whales start to profit taking and start dumping Supply what they hold. After this reason again whales start to play with bitcoin and make bitcoin unpredictable by shaking it value at weekly basis. Later on their is a lot fud and news like China adoption etc.

These all factors effect badly on Crypto market and especially on ALT coins. But we don't to need to hopeless this all will be settled in our favor.
hero member
Activity: 2464
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February 02, 2020, 09:09:30 AM
#36
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.


Many says that whales manipulate and control price of bitcoin and altcoins. They create hype that causes the pump and dump of crypto prices. That is why I am right now into day trading and take advantage of the rise and fall of altcoin price. I was also a victim of the last bubble and somehow have managed to lessen my loses since that time.
I think the price movements of cryptocurrency all depend on market conditions meaning that the price movements of cryptocurrency are unstable sometimes it will go up and sometimes it will go down, you should be able to take advantage of this movement to be able to make a profit by buying it when prices fall and sell it when prices go up and make sure you can control Your emotions should not be too curious about price movements at the exchange place.

Daily trading has the risk of being trapped in coins with very expensive prices, preferably long-term trading so that you can minimize risk and always be profitable.
full member
Activity: 854
Merit: 101
February 02, 2020, 08:59:38 AM
#35
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.


Many says that whales manipulate and control price of bitcoin and altcoins. They create hype that causes the pump and dump of crypto prices. That is why I am right now into day trading and take advantage of the rise and fall of altcoin price. I was also a victim of the last bubble and somehow have managed to lessen my loses since that time.
legendary
Activity: 2576
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February 02, 2020, 08:53:12 AM
#34
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 don't know the specific reason but this is the thing that comes to my mind when I see many altcoins fail.

Most if not all of the altcoin are based on Bitcoin so whatever the movement of Bitcoin is, the altcoins will follow. This is the most common situation however because some of the altcoins are lacking of volume and traders in the exchange where an altcoin is listed, its price doesn't move at all. In short, lack of support from the investors and traders is one reason why some of the altcoins can't cope up with the price of Bitcoin and will fall in the succeeding months.

Some are expecting that most of the altcoins right now will fall down and will be a dead coin in the future because of lack of support of the investors and even the team itself.
sr. member
Activity: 1890
Merit: 252
The OGz Club
February 02, 2020, 08:35:59 AM
#33
one definite reason is because of the rise in Bitcoin in 2019 when the price of bitcoin rose to $ 13000 altcoin became a victim of bitcoin dominance, Bitcoin dominance has been very high since 2019 and earlier this year it looks like altcoin will start moving again
full member
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CARTESI 📱 INFRASTRUCTURE FOR DAPPS
February 02, 2020, 07:52:40 AM
#32
Reason ? There are reason"S" behind fall of altcoins and these are no new investments in cryptocurrencies and new projects launching on daily basis, traders style of trading (pumping and dumping) short term profit making strategies leading towards price volatile behavior of altcoins..
full member
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February 02, 2020, 05:48:28 AM
#31
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 main reason why the value of altcoins is decreasing this past few days is the trust issues of the investors. They do not want to invest into it because they might be scammed. Do not worry, massive pump might happen this 2021. Halving is gonna happen in April or May, so it might take effect next year. Lets just wait and do not stop hoping since we all know that altcoins will be affected by the pump of bitcoin.
member
Activity: 616
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📱CARTESI 📱INFRASTRUCTURE FOR DAPPS
February 02, 2020, 05:21:01 AM
#30
Its because bitcoin dominance is so high at the moment thats why many altcoins are following the bitcoin movement but there are still altcoins that rises and not depend sometimes on bitcoin. And this year I think bitcoin dominance will fall down on 50 % and we will see some major altcoins moving on their own.
newbie
Activity: 11
Merit: 0
February 02, 2020, 05:02:29 AM
#29
I don’t think altcoins have any future (at least 90% of altcoins). Most altcoins are created on hype and have no foundation under them. In order for altcoin to exist, you need an idea that will be followed by people who believe in this idea. And I don’t see altcoins having such a foundation.
sr. member
Activity: 1610
Merit: 264
February 02, 2020, 12:45:46 AM
#28
If you think that this is already the worse fall we got, check out the fall we got back in 2018.
It could either be that alt is a shitcoin or it is along with the fall of Bitcoin.
There ain't definite reason aside from whales manipulation. I even remembered the involvement of whales in Bitcoin SV from what the dev stated.
newbie
Activity: 73
Merit: 0
February 02, 2020, 12:29:15 AM
#27
People understand that majority of alts dont have any use cases and real value
copper member
Activity: 2324
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Slots Enthusiast & Expert
February 01, 2020, 11:46:46 PM
#26
The previous altcoin pump was triggered by ERC20 tokens, not "coins." Therefore I doubt that these tokens price would recover, mainly because a lot of them came from scam ICOs. Drop.. dead..

However, legit PoW coins always have the probability of pump. Look at the top-10, i.e., BCH, BS V, and LTC. How many times these coins pumped and dumped? A lot. Just gamble responsibly, mate.
hero member
Activity: 3052
Merit: 606
February 01, 2020, 11:11:25 PM
#25
This is simply due to the performance of bitcoin which also falls, bitcoin had an ATH last year 2017 reaching $20,000 but it falls hard dumping bitcoin to as low as $3,000, and since bitcoin is heavily dominant in the overall market, this bad movement of btc had also affected altcoins a lot.

Since altcoins were the most profitable during the last bull run, they also need to suffer the fall during the long correction.
sr. member
Activity: 1498
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Vave.com - Crypto Casino
February 01, 2020, 10:41:54 PM
#24
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.




Avoid those projects that are very new. People and investors now are wise to know that the previous bear market makes the tokens depleted in price. I hate to say it. But the btc will increase until halving and most of the people will fomo with it. I'm not saying altcoins will die too but some of major coins are    likely to pump such as eth, bnb, ltc and many more. The criteria there is the progress of the product or platform. Take a look on eth upcoming migration to POS blockchain, it seems it has many supporters and now coming back to eth and buying more.
full member
Activity: 1330
Merit: 147
February 01, 2020, 10:14:42 PM
#23
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.
sr. member
Activity: 658
Merit: 274
Wish for the rain? Then deal with the mud too.
February 01, 2020, 09:10:34 PM
#22
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.

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.
sr. member
Activity: 1400
Merit: 259
February 01, 2020, 08:31:39 PM
#21
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.
jr. member
Activity: 494
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KoinPro: Unique Double-up Contract
February 01, 2020, 06:59:06 PM
#20
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
hero member
Activity: 1932
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Betking.io - Best Bitcoin Casino
February 01, 2020, 06:39:09 PM
#19
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.
hero member
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February 01, 2020, 06:00:30 PM
#18
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.
full member
Activity: 938
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February 01, 2020, 05:16:21 PM
#17
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.
full member
Activity: 1470
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February 01, 2020, 05:14:16 PM
#16
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.
hero member
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February 01, 2020, 04:57:05 PM
#15
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
hero member
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February 01, 2020, 03:44:14 PM
#14
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.
member
Activity: 1540
Merit: 68
February 01, 2020, 03:39:28 PM
#13
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
member
Activity: 574
Merit: 24
February 01, 2020, 03:38:38 PM
#12
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
copper member
Activity: 242
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Proof-of-Stake Blockchain Network
February 01, 2020, 03:28:48 PM
#11
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.
member
Activity: 434
Merit: 19
February 01, 2020, 11:59:19 AM
#10
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
full member
Activity: 1498
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February 01, 2020, 11:29:18 AM
#9
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.
hero member
Activity: 2926
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February 01, 2020, 11:21:48 AM
#8
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.
sr. member
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February 01, 2020, 11:09:23 AM
#7
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.
full member
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ludenaprotocol.io
February 01, 2020, 10:45:42 AM
#6
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.
legendary
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February 01, 2020, 10:34:48 AM
#5
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.
sr. member
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Vave.com - Crypto Casino
February 01, 2020, 10:31:12 AM
#4
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.
copper member
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February 01, 2020, 10:28:31 AM
#3
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 possibility of a bull run this year can occur, because the price of altcoin has begun to improve compared to 2018, other than that in my opinion the price of altcoin dropped due to price increase that occurred in 2017 (bull run), so it is natural that altcoin prices make corrections and I am also sure if this year the opportunity for altcoin prices to increase very high it can happen, because I see the development of altcoin prices from 2018 until now is very good, so that in 2020 the opportunity for altcoin prices can increase very high (bull run) can occur.
sr. member
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February 01, 2020, 10:22:37 AM
#2
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.



altcoin increase because of the hype created by bitcoin whales control other altcoin to also earn profit with them of course to earn higher than what they can in bitcoin.
Its only a hype many people followed the hype so the price continue to increase until there is a correction , which is happen in 2018. what we feel right now is the right value of each coins/altcoin  .
member
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February 01, 2020, 08:49:46 AM
#1
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.


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