what causes the price of altcoin down? - page 14.

CaptainKid

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Quote from: Rangga27 on March 09, 2018, 04:48:40 PM

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.

The prices of altcoins depend on the price of bitcoin and the market situation as a whole. Also, the market situation may change from news (positive, negative) that affect traders.

DonTsTop

full member

Activity: 319

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Quote from: Rangga27 on March 09, 2018, 04:48:40 PM

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.

The price of altcoin are down now because of the current situation of the crypto market and also, there is less demand for these coin in the crypto market that is why we can see that bitcoin is rising slowly while altcoins are still down. Investors are selling altcoin maybe due to panic that the market might not recover and also negative news, this also affect the price but I believe if the market recover fully, the price of altcoin will grow again.

Piterg

member

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Now this mood is in the market, when even successful projects lose a lot in price. But I believe that this is all a temporary phenomenon, the bottom has already passed and bitcoin has already started to grow gradually and all the altcoins.

Airbuxf

member

Activity: 257

Merit: 32

In my opinion the market will keep being bearish for some time. There are big players 'whales' who want to get in to the crypto-market and get the best deal possible. There are still people keeping their cryptos who got in in december and most of them have 'weak hands' unfortunately and will sell their coins sooner or later.

GlenClover

newbie

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1. Transaction Bot: The altcoin has had a stronger recent rally. However, this time the trader will probably profit on. They do not want to wait too long.

2. The influence of different trader communities: Asian and American investors may prefer different assets. At the same time, a decline in a market can affect all other markets.

3. The Return of Bitcoin: When the exchange rate of a currency on the BTC (Altcoin / BTC) peaked. Some traders will not hesitate to sell to get the BTC. Because they consider the BTC to be the best value storage medium and can be the only safe currency.

sammy21

member

Activity: 672

Merit: 10

the simplest when the value of the coin down or even lost interest in the market is the price of lost or diminished. this influenced the role of developers in creating purchasing power against come. If the developer does not make an effort to boost interest in the market against these coins Yes time will remove the coin from the market.

Madara_Uchiha

jr. member

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The price of the coin is affected by events and news related to the project of this coin. And also the capitalization of altcoyins.

I Like Bitcoin

copper member

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For example, I observe such a pattern. When the price of Bitcoin goes down, alternative coins become cheaper. Also, coins may become cheaper, because they have no value.

Wutip

full member

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The Future Of Work

Some of oracles says before that first wil be fitted long hamsters in bitcoin and long hamsters, may be it will pass already , next step is to dump altcoins and kick off from market altcoins wich are shitcoins. This time is came, anyway wheals will buy Alts on bottom and that will grow, just wait)

Mark X

jr. member

Activity: 91

Merit: 2

There are several factors that cause price cryptocurrency down.
First, the sale of digital currency by various trustees in the exchange
Japan's cryptocurrency, Mt.Gox, declared bankruptcy and closed its business in 2014 after losing about 850,000 Bitcoin. Its founder, Mark Karpeles, recently pleaded not guilty to allegations of embezzlement.
A trustee of the exchange has sold a large amount of Bitcoin, so until now the stock still has to pay compensation to the creditor. It makes the price of Bitcoin down sharply.
Meanwhile, Alphabet, Google's parent company, which is the world's largest digital advertising company, announced that it prohibits the serving of ads related to cryptocurrency, including an initial coin offer (ICO), trading transactions, and storage of crypto currency.
The market capitalization of digital coins worldwide was US $ 310.4 billion (Rp 4.268 trillion), down more than US $ 60 billion from US $ 372.9 billion a day earlier, according to data from Coinmarketcap.com, which calculates the price of various cryptocurrency exchanges.

bryle10

full member

Activity: 350

Merit: 100

for me.
so low exchange of altcoins and markets. because we know not much have invested and earned token and invest in bitcoin or ethaneum. if you have a plan to sell your altcoin it is better to be sure that you wait to increase the market value before selling the token.

pukul rata

newbie

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it may be a reasonable cycle after a very drastic increase as it was at the end of last year, and it is likely that this will happen in the long run and when this will happen because it is difficult to determine when exactly the market will recover. it is better for coin holders to hold their coins longer while waiting for the market to recover.

wakeofgod

newbie

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One of the important reasons is still the connection with bitcoin. Falls one-pulls another, perhaps this situation will change, but not yet.

actimelfortelun

newbie

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Because people began to shift their money from Yu projects that have already brought profit to another ICO

QueenW

hero member

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Quote from: Smklom on July 31, 2018, 01:42:05 AM

The decrease in the cost of bitcoin pulls down all altcoins. As their cost is influenced by various news both positive and negative. Furthermore, when Bitcoin is strongly pointing up, oldoini briefly snared in cost

most recently bitcoin grew, and all the rest of the currency fell. The same thing we saw last year. Simply, people think that it is safer to store their savings in bitcoins, so they sell alternative crypto-currencies.

Luu An

newbie

Activity: 112

Merit: 0

Perhaps that causes the price of altcoins to fall is because bitcoin also falls. But do not worry about this. There will be recovery from bitcoin and altcoins. So be patient and do not be a panic seller. Because it will only make your mind become negative about the market now. Now is the time to buy altcoins again.

Leonard2016

hero member

Activity: 1036

Merit: 520

If you have thought March was the real deep come and see them now! Grin

The main reason these days is the bitcoin dominance , people are getting out their money from altcoins and buying bitcoin with it , that cozes bitcoin price up and altcoin down!

Smklom

newbie

Activity: 41

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The decrease in the cost of bitcoin pulls down all altcoins. As their cost is influenced by various news both positive and negative. Furthermore, when Bitcoin is strongly pointing up, oldoini briefly snared in cost

Taniya1901

newbie

Activity: 154

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The General downward trend of the market pulls all altcoins down. Similarly reinforced drain (selling) any alithina will reduce its price. Just all sorts of negative news reduce the price

cryptobiolog

newbie

Activity: 89

Merit: 0

The massive exchange of altcoins for Bitcoin, as well as the uncertainty of the cryptocurrency as a means of payment, leads to a decrease in the price.

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