what causes the price of altcoin down? - page 27.

Beyerd17

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Quote from: Memeicomel on June 08, 2018, 09:05:19 AM

Quote from: Rangga27 on March 09, 2018, 05:57:16 PM

Quote from: Tstar on March 09, 2018, 04:54:40 PM

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.

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.

Oh, issue of binance hacked ?
Make market go down?

not just Altcoin is experiencing a decline in prices. because Bitcoinself also experienced falling prices. this is usually marked by the beginning of enthusiasts who change hands. meaning they transfer other coins. by selling initial coins, it will make the coin decrease. therefore there may be a declining price in the market.

Shitcoins with no future will slowly die off, the market is so full of shitcoins right now its ridicolous. They have nowhere else to go but down.

Memeicomel

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Quote from: Rangga27 on March 09, 2018, 05:57:16 PM

Quote from: Tstar on March 09, 2018, 04:54:40 PM

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.

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.

Oh, issue of binance hacked ?
Make market go down?

not just Altcoin is experiencing a decline in prices. because Bitcoinself also experienced falling prices. this is usually marked by the beginning of enthusiasts who change hands. meaning they transfer other coins. by selling initial coins, it will make the coin decrease. therefore there may be a declining price in the market.

sleblanc1469

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One of the reasons - people transfer their money from projects with had already profits to another promising ICO.

posi

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The up and down in price of cryptocurrency is natural because of the volatility of crypto currency market. However, the cryptocurrency market in general face a lot of bearish in price because of the cryptocurrency blood bath and a lot of shitcoin have not survive since then. Therefore, not all altcoin are dumping in price this days and only coins that lack utility will not survive current cryptocurrency market.

DrYe5

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Quote from: trantu0490 on June 07, 2018, 09:01:18 AM

It has relevance with bitcoin price, when bitcoin price is dropping so with alt coins. Its usual in this markets and gives us benefit to buy on low prices, surely to get a huge earning when the price is higher.

Many investors talk about ‘The Binance Effect’, which is the instant influx of trading volume and the rapid price increase a coin experience the moment it gets listed in a big exchange such as Binance. Even just the announcement that a big exchange will list a coin can cause its price to spike.

trantu0490

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It has relevance with bitcoin price, when bitcoin price is dropping so with alt coins. Its usual in this markets and gives us benefit to buy on low prices, surely to get a huge earning when the price is higher.

Henisusan

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Some problems may influence the cheap price and dropped prices of the altcoins (in fact not only the altcoins but also the BTC).
- The price of the BTC also drops, it influences the altcoin price.
- Some people prefer to sell their altcoins because many necessities in the middle of the year, with the bigger amounts to sell, it can influence the price
- Many presences of the new ICOs that make the investors are divided into some choices.

That is what in my opinion.

tuquyen44

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if I think the cause of the decline in altcoin prices due to the decline in bitcoin prices affect the altcoin .. so the coin in altcoin.
the selling value becomes low

tuquyen44

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if I think that causes the decline in altcoin value is due to the effect of bitcoin. because if the bitcoin again down the automatic altcoin will also follow-down and it's often the same with altcoin.

PumaPuma_

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The prices of altcoin are affected by any negative articles. You can believe it yourself. You choose altcoin, which is traded on small stock exchanges and begins to heat it, attaching some negative links. And after a while, the price will go down.

fiorilia

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certainly many factors that cause this such as the demand for a slightly reduced crypto or crypto that sell a lot of them. However, it may be specific to this year's decline even as it appeared big rejection of some countries against crypto. even from social media and google ad restrictions also appeared on crypto.

aspalela

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I think the cause of the decline in altcoin prices today is because of the decrease in the price of bitcoin which may affect altcoin, but we can see what we seem to know, altcoin prices depend heavily on bitcoin prices, so every time there is a reduction in bitcoin prices, the whole market becomes red. And yes, when the market is red, it's the best time to buy, that's what most investors do, which brings them to a lot of advantages.

lawalganiyu

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The main reason why altcoin down is because if there is low in market of BTC actually there will be down in altcoin price

ngocnga0051

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Altcoin depends on too much bitcoin if bitcoin decreases alcoin. Currently, the market capitalization of bitcoin accounts for 40% of the market. I think if the capitalization is reduced to 30% then altcoin will increase

bezzler

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If the price of the altcoins is low, it may be caused by some factors. First is the cycle of the cryptocurrency that belongs to the dropping price at all. It is also caused by the bitcoin price that is also decreasing. Additionally, the huge growth of the altcoin types from ICO also sometimes make it lower, moreover, there are some ICO scams. However, the decreasing or increasing prices of altcoins are actually normal. We can take the advantages from them. You can buy the altcoins when the price is precisely down. So you can hold it and sell them at the higher price. Of course, it is important to analyze which is best and most promising to invest.

InvestMen

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The price of Altcoins, like any product, is formed on the basis of supply and demand. This is the basis for the exchange rate formation of the crypto currency. Price growth is always a demand. Demand has a reason - the desire to buy an asset in order to enrich it in the future.

mastersay

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The altcoins is very cheap when the market is in bearish track. When the bitcoin falls down to its price and so as the altcoins. It is a very good opportunity to grab these kind of moment to buy more of altcoins. As I have observed last midyear, it is also the same, the price was unstable, but I don't know what is the concrete reason behind that. But one thing is for sure, it will be a bull run when 4th quarter enters.

AliveBuda

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If I think that causes altcoin degradation is due to bitcoin effect. Because if bitcoin rises very drastically auto altcoin will decrease otherwise if altcoin rises very drastically bitcoin will decrease that is why altcoin is now down

Beyerd17

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Quote from: lastlove9091 on June 01, 2018, 02:09:05 AM

This is nothing, a lot of them will be worth close to 0$ because lack of utility, some will change the world and whole industries obviously but a lot of people will lose faith because of investing recklessly.

This is the truth, 5 years from now most of todays low value altcoins will be gone and worthless. Go for quality.

lastlove9091

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This is nothing, a lot of them will be worth close to 0$ because lack of utility, some will change the world and whole industries obviously but a lot of people will lose faith because of investing recklessly.

Topic: what causes the price of altcoin down? - page 27. (Read 4195 times)