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Topic: what causes the price of altcoin down? - page 10. (Read 4195 times)

jr. member
Activity: 142
Merit: 1
August 08, 2018, 04:36:05 PM
most times, i think what brings the value of crypto currencies including alt coins down is correction, the same correction will affect bitcoin, and once bitcoin is affected, all other alt coins will get affected too.
jr. member
Activity: 336
Merit: 1
A nexgen decentralized ride hailing
August 08, 2018, 11:06:13 AM
Well, usually, more precisely, always a decrease is due to bitcoin, in any direction, whether it is growing or falling, if we talk about all the altcoins , and if by some then all the coins as it should have a bullish and bearish market
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
August 08, 2018, 11:04:42 AM
The rate of altcoins mainly fluctuates in time with Bitcoin. Increasing the rate of Bitcoin rising all the altcoins. And vice versa. Exceptions are possible if altcoin has a listing on just one exchange. In this case, its rate may go against the market as a result of speculation of a small number of traders. If it is an altcoin that is traded on many exchanges, then its rate follows the market, and after Bitcoin.
The rise of bitcoin rate could affect the altcoin value only if the price of that alt to btc remains the same, otherwise quite the opposite that when bitcoin price is pumped the price of altcoin sometimes get crushed thus increasing bitcoin dominance in the market.
thats why when the price of bitcoin rising it's sometimes all altcoin have a red price which means its value is going down because its getting crushed by bitcoin.
newbie
Activity: 31
Merit: 0
August 08, 2018, 10:55:22 AM
The rate of altcoins mainly fluctuates in time with Bitcoin. Increasing the rate of Bitcoin rising all the altcoins. And vice versa. Exceptions are possible if altcoin has a listing on just one exchange. In this case, its rate may go against the market as a result of speculation of a small number of traders. If it is an altcoin that is traded on many exchanges, then its rate follows the market, and after Bitcoin.
newbie
Activity: 224
Merit: 0
August 07, 2018, 01:38:34 PM
The downfall in the price of altcoins is as a result of many dumpers who actually dump the tokens they have in their wallet whenever it is listed.
newbie
Activity: 132
Merit: 0
August 07, 2018, 01:36:18 PM
I think that this is a simple psychology, people are omitting the price, that other people would be razorachivyvalis and selling, and before the winter can happen huge growth again, as then in 2017!)))
member
Activity: 1344
Merit: 10
August 07, 2018, 01:33:39 PM
The price of altcoyne is likely to be reduced by the fact that people are selling their coins to invest in Bitcoin. Now everyone's attention is tied to bitcoin. Everyone follows his movements.
jr. member
Activity: 196
Merit: 1
August 07, 2018, 12:09:14 PM
The price of altcoin depends entirely on the value of bitcoin, it happens that the ether also plays a role here, and of course no one has canceled the demand for altcoin, if there is no demand and the popularity of the coin, then accordingly there will be a low price.
newbie
Activity: 36
Merit: 0
August 07, 2018, 09:09:40 AM
Binance and the MtGOX is the reasons for the fall in the price.
member
Activity: 378
Merit: 17
August 07, 2018, 01:57:02 AM
I believe that the price of altcoins falls due to the fact that the price of bitcoin falls. altcoins depend on the price of bitcoin.
Sometimes cryptocurrencies correct theiк prices, sometimes it's just FUD, so newbies sell every coin they got, which is followed by chain reaction and prices drop.
newbie
Activity: 181
Merit: 0
August 06, 2018, 05:57:16 PM
while the market is falling is not worth buying altcoins. altcoins are cheaper because they depend on bitcoin, and bitcoin is now falling in price
full member
Activity: 348
Merit: 100
August 06, 2018, 05:50:07 PM
yes this is the crypto market, everyone must understand that because when crypto is exposed to a little bad news it can affect market conditions. coupled with people who panicked to sell their assets, this made the condition worse.
newbie
Activity: 42
Merit: 0
August 06, 2018, 05:46:40 PM
People not investing and not trusting alt coins much is also a reason.
full member
Activity: 238
Merit: 100
August 06, 2018, 03:00:56 PM
The main reason that alcoins do not grow is the bear market today. I think that we need to have patience and wait for the reversal of the entire crypto currency market.
Usually growth happens in those moments when no one expects it. I think that this is useful to think about. The most important thing is not to miss the beginning of growth.
full member
Activity: 700
Merit: 100
August 05, 2018, 08:44:42 AM
The main reason that alcoins do not grow is the bear market today. I think that we need to have patience and wait for the reversal of the entire crypto currency market.
jr. member
Activity: 252
Merit: 1
August 05, 2018, 08:18:56 AM
cause altcoin down current market position is virtual money too precarious following the trend go down should of course copper coin also will reduce. When would the electronic markets tend to go up, it will only increase it is necessary
full member
Activity: 1246
Merit: 103
August 04, 2018, 03:43:21 PM
give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.

in my opinion, cheap altcoin prices are also very influential with the decline in bitcoin prices. and the cause of the frequent decline in the price of digital currencies is also caused by negative issues affecting the altcoin.
newbie
Activity: 82
Merit: 0
August 04, 2018, 03:12:41 PM
The crypto market is very sensible to all kind of news, but especially to bad news.  Whenever there are negative news about bitcoin, usually or all the time, the market reacts with it and it will greatly affect the price.
member
Activity: 364
Merit: 10
August 04, 2018, 03:09:35 PM
The majority of altcoins are affected by the value of Bitcoin. You could see this trend when Bitcoin started to drop rapidly. Next to drop were Ethereum and other altcoins.
newbie
Activity: 14
Merit: 0
August 04, 2018, 09:55:48 AM
It's been no secret that altcoins aren't performing well at the moment, even while Bitcoin continues to show strength. So why are altcoins really down and when will altcoins rise again? Plus a bitcoin update and a cryptocurrency market update.
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