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Topic: Suspicious of the Crypto Market: Why must all the Coins go RED at the same time? (Read 208 times)

jr. member
Activity: 46
Merit: 10
Most of the market is directly correlated to Bitcoin. Therefore, if something happens to the price of Bitcoin every single altcoin out there will start going down or up in price. Well, not always up in price, but still if the Bitcoin goes down everyone follows.
newbie
Activity: 252
Merit: 0
I am beginning to be suspicious of the Crypto market. I have been observing the market price movement for sometimes now and I discovered a recurring event in the market. Any time the price of Bitcoin is down the price of virtually all the altcoins follow the same direction. Just like the current state of the market, all the Coins are in Red in coinmarketcap.com and I begin to wonder Why? Must all the Coins go RED at the same time and vice versa? Can someone convince me that this is normal?  Can someone convince me that the market movement is not controlled by some tech guys that are using 'code' or some group of whales that manipulate the market price? With this recurring incident, I doubt if the crypto market price movement still obey the economic law of demand and supply. I don't know what you think about this. Share your views, please.
i also ask about this does china cause all prices to decrease? who reported that they closed all the network ceypto when we know that China is the biggest supply.
sr. member
Activity: 1876
Merit: 259
I also ask in confusion as to what happens with market movements that always follow bitcoin or ETh although not all will be the same but most of alt coin will influence with bitcoin prices.
so maybe we should be smart trading to understand the current market.
member
Activity: 616
Merit: 11
Decentralized Ascending Auctions on Blockchain
All coin status in the market are likely synchronizing on their pricing status movement, as we noticed, when bitcoin and ethereum down their price, all crypto coins at the bottom line would also follows on what above coins doing, so meaning that's the normal life of cryptocurrency business.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
I am beginning to be suspicious of the Crypto market. I have been observing the market price movement for sometimes now and I discovered a recurring event in the market. Any time the price of Bitcoin is down the price of virtually all the altcoins follow the same direction. Just like the current state of the market, all the Coins are in Red in coinmarketcap.com and I begin to wonder Why? Must all the Coins go RED at the same time and vice versa? Can someone convince me that this is normal?  Can someone convince me that the market movement is not controlled by some tech guys that are using 'code' or some group of whales that manipulate the market price? With this recurring incident, I doubt if the crypto market price movement still obey the economic law of demand and supply. I don't know what you think about this. Share your views, please.
Man, I will tell you a clue about what have you seen. You said that when the market goes down at the same time and this is my point. If you are seeing bitcoin goes down and all of altcoins will be following it.
Remember the majority of altcoins are using bitcoin as the main pegged crypto to determine its price. When bitcoin market goes panic and this will be affecting altcoins market.
full member
Activity: 1078
Merit: 102
That's normal and nothing suspicious about that. Once bitcoin value goes down all alts value goes down with it. With too much coins going around people forgot to value bitcoin the most. Yes there's ETH but it will never surpass Bitcoin.
full member
Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
Seems you're new here and don't understand the trend of cryptos and how it affect each other. I would suggest to just focus on bitcoin movements and you'll know what will be the next for altcoins. There's three things happen, if bitcoin goes up alts will follow, if bitcoin dump and alts as well but sometimes if bitcoin pump alts will dump. Though these are just analysis but it can help somehow.
newbie
Activity: 291
Merit: 0
My answer is always bitcoin will always beat all. this is due to, “because Bitcoin is king/queen, and the other coins are at best following it.

It is hard to come up with a fundamental algo with which to price coins, so coin prices just follow Bitcoin as a sort of gold standard (“the Bitcoin Standard”).

It is the number one coin, and thus it is the coin that decides the market price in general.

If there is another standard way of changing ALTs to other currencies example to FIAT. it would much less affected to the price of BTC.
member
Activity: 240
Merit: 17
Buy, sell and store real cryptocurrencies
Bitcoin is the center of crypto currency qnd if this go down allmost currency will be affected too so the point is all red you can see in coinmarketapp is normal. Very long red market? Look what the market situation in quarter 4 of 2017 all most no dip on graph and continuing on pumping. What I mean is if there is a long pump or green day also there is red days. It is also currency so no currency will go go to pump. Remeber in every currency ther is a seller snd buyer. And what happening now is seller has a great volume than the buyers
sr. member
Activity: 798
Merit: 250
homt.net
Because first all altcoin always has pair alt/btc. So when bitcoin down, altcoin will down in USD, people usually panic sell when red market so price will dump harder and pair alt/btc also down. That why all go red at the same time when bitcoin down.

 I think you are right because the whole idea is about bitcoin acting as base currency for majority of the altcoins as we learnt from crypto forex trading. So what ever affects bitcoin affect the other pair. Anyway this ripple effect is not for all the altcoins it's just for more than 80% of the altcoins.
jr. member
Activity: 462
Merit: 2
thats because you are looking at usd value. get in the game and realize satoshi value is where you want to be unless you want to work for the rest of your life
member
Activity: 112
Merit: 13
Since all coins are built in crypto they are most likely related to each other, the bitcoin which ranks the first in all cryptos is currently bloody and having a hard time time fluctuating, which leads to other crypto to turn red as well. Perhaps investors are a little bit intimidated to invest  in alt coins due to whats happening to bitcoin.
newbie
Activity: 308
Merit: 0
We agree or not,  bitcoin plays very important role in the market, as it is the king as we all call it. so if it starts falling everyone starts paniking, and they we get the results, the wave of red.
sr. member
Activity: 812
Merit: 256
The altcoins are usually tie to bitcoin, hence altcoin price will go down when bitcoin price go down. Bitcoin price also affect investors’ confidence.
jr. member
Activity: 280
Merit: 2
Because first all altcoin always has pair alt/btc. So when bitcoin down, altcoin will down in USD, people usually panic sell when red market so price will dump harder and pair alt/btc also down. That why all go red at the same time when bitcoin down.
member
Activity: 462
Merit: 62
Of course the whole thing is rigged.
Just look at xrp and doge, two complete different projects, ideologies purpose.....
One is a central company coin the other decentralize blockchain
One is mineable the other a 100% premined never ending ICO
One has permanent development the other occasionally written a line of code
One is serious the other a mime joke

There is zero reason that they have the same price movement, but:

full member
Activity: 294
Merit: 106
Throughout the past year, the cryptosphere has shown astonishing growth. Therefore, you need to understand that the correction will be no less. By the end of the year, I believe that growth will resume.
full member
Activity: 280
Merit: 102
The revolutionary trading ecosystem
I don't understand it myself either but one thing I have learned in my short time here is that the markets trend and they do that for longer than a couple weeks. Figure out what that trend is and from there figure out how to extract money from it. We don't need to know why exactly, knowing that it trends is good enough for me.
jr. member
Activity: 168
Merit: 1
I am beginning to be suspicious of the Crypto market. I have been observing the market price movement for sometimes now and I discovered a recurring event in the market. Any time the price of Bitcoin is down the price of virtually all the altcoins follow the same direction. Just like the current state of the market, all the Coins are in Red in coinmarketcap.com and I begin to wonder Why? Must all the Coins go RED at the same time and vice versa? Can someone convince me that this is normal?  Can someone convince me that the market movement is not controlled by some tech guys that are using 'code' or some group of whales that manipulate the market price? With this recurring incident, I doubt if the crypto market price movement still obey the economic law of demand and supply. I don't know what you think about this. Share your views, please.

Could be the whales manipulating it. But on the other hand, the markets are very volatile these past few months.
jr. member
Activity: 206
Merit: 2
i really don't understand technical analysis but that is so clear : bitcoin effects everything .
newbie
Activity: 137
Merit: 0
I think the cryptomarket is still young and its follows the trajectory of the king of the market which is bitcoin. Bitcoin sets the pace for alts for now and I don't think that is ever changing until the world sees another project or coin that will be more popular and mass adopted than btc.
sr. member
Activity: 672
Merit: 274
If all the coins go RED, should you buy the coins that go green?

Buy RED and sell GREEN. Grin

P.S. You need to do your due diligence and find out why a certain crypto is in the green while others are in the red. It might be because of a pump and dump. In any case, if you want to buy in, it might be best to wait until it dips into the red. The fundamentals need to be right though. You need to buy it for the right reasons.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
If all the coins go RED, should you buy the coins that go green?
I dont know if this is a serious question or not but just to answer it up. Who would be the dump person would buy that coin in green when the market is on red tide? You are surely going into opposite way.

It is more or less the same with the stock market. Ever heard of the black friday. It is market psychology that a lot of people sell when they see red numbers, because they think they are going to loose a lot more if they hold. Long term hodlers should more or less just ignore the red numbers and stick to their long term goals.
Those are just beliefs or tradition on traders part and it is just applied into stock or forex market but crpytocurrency market is way too different where even a small fud will mainly give effect.
brand new
Activity: 0
Merit: 2
If all the coins go RED, should you buy the coins that go green?
member
Activity: 182
Merit: 12
It is more or less the same with the stock market. Ever heard of the black friday. It is market psychology that a lot of people sell when they see red numbers, because they think they are going to loose a lot more if they hold. Long term hodlers should more or less just ignore the red numbers and stick to their long term goals.
jr. member
Activity: 336
Merit: 5
Culotte Jaune Officielle
Nothing to worry other than the same people with their FUD. I will be back maybe at the end of the week of the next. I use it as an opportunity to buy more. Bought Zencash today for a short and good profit coming after Tongue I wanted to buy a second altcoin but changed my mind
sr. member
Activity: 672
Merit: 274
I am beginning to be suspicious of the Crypto market. I have been observing the market price movement for sometimes now and I discovered a recurring event in the market. Any time the price of Bitcoin is down the price of virtually all the altcoins follow the same direction. Just like the current state of the market, all the Coins are in Red in coinmarketcap.com and I begin to wonder Why? Must all the Coins go RED at the same time and vice versa? Can someone convince me that this is normal?  Can someone convince me that the market movement is not controlled by some tech guys that are using 'code' or some group of whales that manipulate the market price? With this recurring incident, I doubt if the crypto market price movement still obey the economic law of demand and supply. I don't know what you think about this. Share your views, please.

Yes, Bitcoin normally sets the direction of the overall market. That being said, the market is certainly being manipulated by someone with deep pockets. E.g. earlier today, almost all cryptos increased with 5% at the same time.
member
Activity: 462
Merit: 62
Oh hello welcome to the slave planet. Of course the whole thing is rigged.
member
Activity: 308
Merit: 15
It’s closely normal all time, why BItcoin is down other Altcoins are used to be down base on statistics and observation but that doesn’t mean or compulsory that all Altcoins would be down always while BTC is down. On different occasions like that, while BTC is down, few altcoins are doing great but rare.
jr. member
Activity: 266
Merit: 1
Its really normal situtation. We cant expect all the time green. Dont look for suspicious things.Trust market.
member
Activity: 462
Merit: 62
Oh hello welcome to the slave planet.
newbie
Activity: 154
Merit: 0
Yes I also have seen so from last few months. I am not so sure. But I think somehow there is a dependency of all on btc. So I found when btc price go down, others follow it.
full member
Activity: 322
Merit: 100
Deal Coin - P2P Lending Eco-system
I am beginning to be suspicious of the Crypto market. I have been observing the market price movement for sometimes now and I discovered a recurring event in the market. Any time the price of Bitcoin is down the price of virtually all the altcoins follow the same direction. Just like the current state of the market, all the Coins are in Red in coinmarketcap.com and I begin to wonder Why? Must all the Coins go RED at the same time and vice versa? Can someone convince me that this is normal?  Can someone convince me that the market movement is not controlled by some tech guys that are using 'code' or some group of whales that manipulate the market price? With this recurring incident, I doubt if the crypto market price movement still obey the economic law of demand and supply. I don't know what you think about this. Share your views, please.
Everything is easier than you think.In altcoins invested a lot of bitcoins, and when the price of bitcoin begins to fall strongly, most people simply sell their altcoins for bitcoin, and bitcoin sells for dollars. Therefore, it turns out that altcoins are falling even more than bitcoin
legendary
Activity: 3122
Merit: 1140
I am beginning to be suspicious of the Crypto market. I have been observing the market price movement for sometimes now and I discovered a recurring event in the market. Any time the price of Bitcoin is down the price of virtually all the altcoins follow the same direction. Just like the current state of the market, all the Coins are in Red in coinmarketcap.com and I begin to wonder Why? Must all the Coins go RED at the same time and vice versa? Can someone convince me that this is normal?  Can someone convince me that the market movement is not controlled by some tech guys that are using 'code' or some group of whales that manipulate the market price? With this recurring incident, I doubt if the crypto market price movement still obey the economic law of demand and supply. I don't know what you think about this. Share your views, please.
Don't be so shocked on whats happening recently on the market yet those kind of movements are just like ordinary days here on crypto market. If theres a red days then normally investors,whales,small scale traders and other who are engage on it do make profit taking that's why we do see bitcoin and altcoins drop its price and further on when they decide to accumulate cheaper coins then recovery would really be seen. Talking about whales and manipulations it think its always been part and those people do have always the advantage.
newbie
Activity: 154
Merit: 0
From my point of view I think when bitcoin falls all other coin starts to fall. Because bitcoin is the main cryptocurrency in crypto industry and when it falls other coins started to fall down and become red.
newbie
Activity: 97
Merit: 0
Bitcoin ranks 1st among all the cryptocurrency. So, when its price starts to fall, others follow as well. I know that it's a vicious cycle, but it happens.
hero member
Activity: 3080
Merit: 603
It has been told many times that all altcoins are depending to the movement of bitcoin.

If bitcoin goes down, alts will follow and this didn't only happened once. There's a domino effect for the crypto market, think of it what do you need to purchase those altcoins in exchanges? bitcoin right?

Let's say USD or ETH, ETH is depending to bitcoin so the rest of it's kingdom is also falling.

I am still finding it hard to understand how selling my Bitcoin will affect the value of my Ether. It is true that all the Coins are built in the same blockchain technology but I don't think that selling Bitcoin will lead to selling all other coins at the same time to necessitate simultaneous fall in the price of all the coins.
You are not the only one that is selling so it's a force that comes together, small forces --> big forces which leads you to have impact to the prices. This has been the belief due to those coins are also intact and connected to bitcoin so if bitcoin goes down, other alt coins are simply following regardless you are holding ETH only. It's hard to understand but soon you will.
jr. member
Activity: 252
Merit: 1
All coins have an effect on bitcoin, if bitcoin down eat most altcoins will also go down that's what I see so far in the market of coinmarketcap.
So do not panic easily for all the current red coin.
full member
Activity: 476
Merit: 104
Decentralized global citizen and crypto-preneur
It has been told many times that all altcoins are depending to the movement of bitcoin.

If bitcoin goes down, alts will follow and this didn't only happened once. There's a domino effect for the crypto market, think of it what do you need to purchase those altcoins in exchanges? bitcoin right?

Let's say USD or ETH, ETH is depending to bitcoin so the rest of it's kingdom is also falling.

I am still finding it hard to understand how selling my Bitcoin will affect the value of my Ether. It is true that all the Coins are built in the same blockchain technology but I don't think that selling Bitcoin will lead to selling all other coins at the same time to necessitate simultaneous fall in the price of all the coins.
hero member
Activity: 3080
Merit: 603
It has been told many times that all altcoins are depending to the movement of bitcoin.

If bitcoin goes down, alts will follow and this didn't only happened once. There's a domino effect for the crypto market, think of it what do you need to purchase those altcoins in exchanges? bitcoin right?

Let's say USD or ETH, ETH is depending to bitcoin so the rest of it's kingdom is also falling.
sr. member
Activity: 1036
Merit: 252
Dolphins Finance TRUSTED FINANCE
because the king of cryptocurrency wich means bitcoin is bloody,
so, most of altcoins become red too, because the value of any altcoins in USD is depends on Bitcoin value in USD too  Wink
just few altcoins stay green mate

member
Activity: 196
Merit: 10
The Experience Layer of the Decentralized Internet
Because bitcoin is the leader in cryptocurrency markets.
When bitcoin starts to fall, people lose confidence, so that's why all tokens start to fall.
full member
Activity: 476
Merit: 104
Decentralized global citizen and crypto-preneur
I am beginning to be suspicious of the Crypto market. I have been observing the market price movement for sometimes now and I discovered a recurring event in the market. Any time the price of Bitcoin is down the price of virtually all the altcoins follow the same direction. Just like the current state of the market, all the Coins are in Red in coinmarketcap.com and I begin to wonder Why? Must all the Coins go RED at the same time and vice versa? Can someone convince me that this is normal?  Can someone convince me that the market movement is not controlled by some tech guys that are using 'code' or some group of whales that manipulate the market price? With this recurring incident, I doubt if the crypto market price movement still obey the economic law of demand and supply. I don't know what you think about this. Share your views, please.
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