what causes the price of altcoin down? - page 33.

fortelen

sr. member

Activity: 728

Merit: 250

Quote from: ?? on ??

The only reason is what happening to bitcoin. Whenever bitcoin price falls, altcoins prices fall too and altcoins price fall is usually bigger than bitcoin.

yeah as in my mind, now the price of Altcoins are down. Many issues actually influence the factors. One of them is the Bitcoin price that is also dropping. It influences the Altcoins. Additionally, now we can find negative issues of the Bitcoin and cryptocurrency in some countries. It makes some people have negative trusts of the BTC and cryptocurrency. This condition leads them in the panic-sale. in this term, it is a good time to buy the Altcoins for future investment. But, be smart in choosing the right Altcoins for good investment.

amfox

member

Activity: 238

Merit: 10

I believe that this is a good time to buy altcoyins - they are below their cost now. The price fell because bitcoin fell in price.

serkhio

member

Activity: 154

Merit: 10

Too many people want to make money through the market while the funds into the money is inadequate. Loss is the majority as seldom could u win from the market.

rancidgash

hero member

Activity: 735

Merit: 500

Quote from: dongyi17 on March 20, 2018, 04:17:24 AM

I guess the reason why we though altcoin is cheap during mid year it seems so useless is because whatever happen to bitcoin altcoin is affected.. when bitcoin's value get high the price of the altcoin and other coins will automatically get high.

Altcoin are affected by bitcoin.BTC is dramatically impacted by market sentiment and unfortunately, was impacted by negative market sentiment. When the news reports negative occurrences, even if “untrue” or “reiterated” the price of BTC has a tendency to overreact.

diamdirumah

newbie

Activity: 157

Merit: 0

One of the causes of the decline in altcoin prices, in my opinion, is the number of restrictions on altcoin access in some countries, such as China.
The lack of altcoin buyers also affects the fall in altcoin prices.
Actually, it is time to buy altcoin, because the price will rise if the demand also rises.
Altcoin every year is not always cheap, but altcoin every year even every time its value will change. At the beginning of the year altcoin prices usually go down. But by mid-year prices will rise again.

tramadols

full member

Activity: 239

Merit: 100

CAT.EX Exchange

Quote from: Rangga27 on March 09, 2018, 05:48:40 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 bought a lot of altcoin I've learned before.
and it's time to buy again in the downturn. I think, its value is very low from a few weeks ago. and most likely the coins I have will grow within the next few months.

sjbi

member

Activity: 770

Merit: 14

www.thegeomadao.com

It is only FUD and bad news surrounding cruptocurrencies, which are pushing the market to go down at present. Regulatory efforts are another causes on the table. But this transition in rypto will not remain last long, i think. This is the right time to purchase coins as they are low in prices as compared to some months ago. So buy now at low, and sell at high.

dongyi17

full member

Activity: 616

Merit: 100

FRX: Ferocious Alpha

I guess the reason why we though altcoin is cheap during mid year it seems so useless is because whatever happen to bitcoin altcoin is affected.. when bitcoin's value get high the price of the altcoin and other coins will automatically get high.

DISCMAN

full member

Activity: 266

Merit: 100

Quote from: webmone on March 20, 2018, 02:40:58 AM

Quote from: ?? on ??

The only reason is what happening to bitcoin. Whenever bitcoin price falls, altcoins prices fall too and altcoins price fall is usually bigger than bitcoin.

I suppose many reasons cause this fall. Take at least the recent news about the ban of ICO ads by Google, Facebook's prohibitions, etc. You can find here more answers if you watch it: https://www.youtube.com/watch?v=ZoAQl5V2m0s

I agree with your statement. Whenever Bitcoin falls altcoin falls also so basically its a matter of a bitcoin price. So, as long as BTC goes down altcoin is also affected.

sorehammer

sr. member

Activity: 504

Merit: 250

Quote from: Rangga27 on March 09, 2018, 05:48:40 PM

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

BTC is the market leader and the entire Crypto industy trust is build up on BTC.Last week we saw that when BTC price depreciate the entire 50 top Altcoins prices went down.Market is still not fully recovered and different unpleasant new like Google would ban crypto ads by coming Jun-18,FUD,MT Gotex cashed out huge BTC amount,so these news temporarily affect Crypto world but believe me when market would go green the prices would escalate once again so right now is the good time to buy more growing coins like BTC,ETH,NEO,WAVES,DASH,EOS,XLM,XRP.Dont worry ups and downs would continue until crypto world exists.

webmone

member

Activity: 287

Merit: 10

Quote from: ?? on ??

The only reason is what happening to bitcoin. Whenever bitcoin price falls, altcoins prices fall too and altcoins price fall is usually bigger than bitcoin.

I suppose many reasons cause this fall. Take at least the recent news about the ban of ICO ads by Google, Facebook's prohibitions, etc. You can find here more answers if you watch it: https://www.youtube.com/watch?v=ZoAQl5V2m0s

karisiak123

full member

Activity: 244

Merit: 100

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

SiDtHeBeSt

full member

Activity: 420

Merit: 106

Well the major thing that affects altcoins' prices is bitcoin's price. As you may know, altcoins' prices are highly dependent on bitcoin's price, so whenever there is a drop in bitcoin's price, the whole market goes red. And yes, when the market is red, it is the best time to buy, also that is what most of the investors do which leads them to a lot of profit.

budong

full member

Activity: 210

Merit: 100

Borderless for the People, Frictionless for the Ba

Mr. Xue continued in his circle of friends that the age of savage speculation was over, that the bubble was beginning to burst and that no core competitive project would die.

emberbekas

legendary

Activity: 1904

Merit: 1000

Quote from: Riddikulo on March 18, 2018, 11:54:52 AM

Quote from: Ompyon on March 15, 2018, 02:27:51 AM

Quote from: Anonaneadone on March 15, 2018, 01:56:44 AM

Quote from: Rangga27 on March 09, 2018, 05:48:40 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 reason why altcoin price drops is because of the bitcoin. when bitcoin price dumps. the price of all altcoins will drop. the base price of altcoins is the bitcoin.

yes, very difficult to understand, at the time so many fans crypto very enthusiastic, the price actually goes down. I am afraid if this continues, then crypto will lose fans

As I guess, the latest news (or rumours yet?) about the ban of ICO and any ads concerning these things in Google affected negatively. Thus, the price of altcoins, (some of them like Eth and NEO) are used in ICOs is going down.

I agree with you. The bad news from google regarding ICO is the cause of the recent price declines. As we all know, google is a giant in the internet world, so whatever decision resulted from this company will surely give an impact.

meldrio1

full member

Activity: 1358

Merit: 100

the causes of the prices of altcoins down are negative news about bitcoin they just spreading FUD, then added some panic sellers and then mt.gox sold their bitcoin that's the causes why altcoins are down.

Stimah12

newbie

Activity: 126

Merit: 0

The downfalls of bitcoin will surely affects other altcoin, More so, many people are easily carried away with rumors about future price dropping which make them to be in hast to dispose all the coins they have, thus the price will falls.

AlphaWolf

full member

Activity: 217

Merit: 120

Presale is live!

Its quite simple to understand it. The price of altcoins is tied to the price of bitcoins. Thus when bitcoin goes down the alts go down with it. Just wait for the bitcoin price to stabilize as thats when the altcoins prices go up. Also the reason for bitcoin prices going down is the MT GOX trustee dumping large amounts of bitcoins on exchanges directly, which put too much down ward pressure on the order books.

fosco333

full member

Activity: 1260

Merit: 100

Quote from: Rangga27 on March 09, 2018, 05:48:40 PM

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

Yes indeed the altcoin price is on the low point right now. This is a good time to buy but lets wait a bit more.
i think the price of altcoin can be more lower than currently. The current market fluctuates too much, we must keep our eye on them.

Riddikulo

hero member

Activity: 896

Merit: 500

Quote from: Ompyon on March 15, 2018, 02:27:51 AM

Quote from: Anonaneadone on March 15, 2018, 01:56:44 AM

Quote from: Rangga27 on March 09, 2018, 05:48:40 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 reason why altcoin price drops is because of the bitcoin. when bitcoin price dumps. the price of all altcoins will drop. the base price of altcoins is the bitcoin.

yes, very difficult to understand, at the time so many fans crypto very enthusiastic, the price actually goes down. I am afraid if this continues, then crypto will lose fans

As I guess, the latest news (or rumours yet?) about the ban of ICO and any ads concerning these things in Google affected negatively. Thus, the price of altcoins, (some of them like Eth and NEO) are used in ICOs is going down.

Topic: what causes the price of altcoin down? - page 33. (Read 4164 times)