Currently bitcoin dominance is making altcoins price lower. Big guys manipulate BTC price selling alts and pouring this amount to bitcoin.
Also a lot of news, like partnerships, product release and listing on top exchanges can cause altcoin fluctuation
Topic: what causes the price of altcoin down? - page 16. (Read 4197 times)
Everything depends on the market! The bitcoin rate dictates the rules for the rest of the coins!In the larger case, the price of the coin depends on the bitcoin exchange rate. But of course the demand on the exchange.
Many coins have a low price because they are of no use to anyone, if the project does not have a good idea, people will not believe in the project and invest their money
Many people now sell their coins. To get bitcoin. Forecast to get more benefits from it. When bitcoin is in the flat, the altcoyins will begin to grow.
Altcoins price are cheap because when BTC is down - every coin is down, it's like indicator for a whole cryptocurrency space. And also, when BTC is rising, everyone replace their money from alts to BTC to get a profit.
On this account I have several equal and interconnected versions. First, the reason for this can be a massive "flight" of inexperienced crypto investors, the number of which recently (especially after large rises of the cue ball and news) has increased significantly. My second version is that the market can be manipulated by "big uncles". And the third version is that the price of the violas was also influenced by various news events and the intervention of various influential States.
The reason for the collapse of the price, in the first place, is the bounty hunters, who received rewards and merge their tokens, at the current price. Second place, it`s a lot of newbies came on the market, and when prices fell slightly, they sold all coins. I think it`s a good time to buy altcoins because of their low price.
I don't think it has anything to do with Bitcoin, mainly because of the current market. All markets are falling, and Bitcoin is also falling. I think it is caused by a large amount of market dumping.
give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
First I will say it is not every altcoin that the price is down, some are high considering bitcoin price as at December 2017. But one thing that really caused most of altcoin down is that, those altcoin never have real working product and most investors don't pay attention to them.people believe in those coins that are already made, those coins that have existing product.
As of why the price is always down every mid year, I don't have any idea yet.
the drop in the price of altcoins depends on the drop in the price of bitcoin.
The most intuitive reason for the decline in the altcoin currency may be the decline in bitcoin, because Bitcoin has fallen all the way, and all the altcoins can't escape the fate of falling.
On the other hand, the reason may be that people are not very optimistic about the altcoin, no one will invest, once the market does not need the altcoin, it will fall.
Altcoins really well repeat the movement of bitcoin prices, this is due to the fact that bitcoin has too much influence on the market. But sometimes it's not as simple as it seems. Sometimes the growth and fall in prices for altcoins do not depend on bitcoin, usually this occurs before significant events in the market. On the other hand, the reason may be that people are not very optimistic about the altcoin, no one will invest, once the market does not need the altcoin, it will fall.
There are many things that cause the price of Bitcoin to fall, one of which is the amount of Bitcoin supply and demand is small. it becomes the price down, because everyone who will sell Bitcoin will lower their Bitcoin prices, in order to quickly sell. And the mental condition of someone who makes a lot of selling Bitcoin this can be influenced because of bad news Bitcoin in published by the media.
The most intuitive reason for the decline in the altcoin currency may be the decline in bitcoin, because Bitcoin has fallen all the way, and all the altcoins can't escape the fate of falling.
On the other hand, the reason may be that people are not very optimistic about the altcoin, no one will invest, once the market does not need the altcoin, it will fall.
On the other hand, the reason may be that people are not very optimistic about the altcoin, no one will invest, once the market does not need the altcoin, it will fall.
All can tell is that any coin in market is not always in green position. Many altcoins relies still on btc blockchain that’s why everytime you see Bitcoin falls many altcoins is down too. Although there are a lot of altcoins independent to btc exchanges already. 
give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
I think the current dip is caused by two factors:
1. Binance API fail
2. MtGOX guy selling coins for 400M.
But the marker seems stable around 9K and alts seems to get a slight recover.
Make market go down?
I believe prices have down because the opportunity to have more bitcoins and increase the number of miners of bitcoin
personally, I think if the current market environment is not good and the market is falling. At the same time, bitcoin also fell,
which caused a decline in the market as well as many big players have withdrawn their assets from the stock market. So there was a fall in prices.
which caused a decline in the market as well as many big players have withdrawn their assets from the stock market. So there was a fall in prices.
Everyone's investment method is different. Everything is only possible. We can't predict which cryptocurrency will have the biggest room for growth in the future.
it's mainly because we are in a down trend and as long btc keep going down all altcoins will go along with it . keep in mind that when btc rise like what's happening now , altcoins won't rise as money shit from it to btc . the only scenario where altcoins restore its position is when price of btc stabilize above 8k$ or more.
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give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
It is not really a pattern that every mid year the altcoins are always cheap. That is a wrong observation as far as I am concerned. The altcoins are very cheap as of the moment because the market suffered a long time of dumps and panic selling. Although there are green days, the lost value was big enough be recovered easily. But that does not mean that the altcoins are not worth investing. It is best to buy them during these times.
But, that can't be used as a technical analysis. It's just like what happened few years ago when the market is bearish for about 1 whole year or even more.
The demand and supply change the price range of the altcoins and in this time the bitcoin also affect the altcoins and now a days the bitcoin is recovering so it will affect the altcoin market too while the users are always using all the crypto they invest all the time.
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