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Topic: what causes the price of altcoin down? - page 36. (Read 4195 times)

full member
Activity: 346
Merit: 102
March 14, 2018, 06:25:00 AM
Generaly if the BTC price fall down altcoin will be followed falling down also and this trend we can say the altcoin only relying BTC price if its down altcoin down if it is up altcoin also up the value i think.
The value of the notoriously volatile cryptocurrency has fluctuated unpredictably,with nobody truly knowing whether it is on the verge of rising further or falling spectacularly. The fall in bitcoin appears to have helped reduction the value of other digital currencies.
member
Activity: 392
Merit: 12
March 14, 2018, 06:12:40 AM
Most of these altcoins have pumped hard in the last quarter of 2017. As they have been overvalued, when the market correction has taken place, these altcoins price have come down sharply.
member
Activity: 658
Merit: 10
Rangers Protocol
March 14, 2018, 06:12:25 AM
We can assume this is one way of approach on how to handle this crypto as it is the way on how crypto price move. Cheap means can avail easily. If this will always happen as you said then we can say this is normal way of how crypto react in each year.
member
Activity: 224
Merit: 21
March 14, 2018, 06:05:01 AM
give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.

We all have been observing this bearish trend of market since Jan 2018 due to market correction and MTgoxx scene. Bitcoin is the most popular digital currency, alt-coins for the most part will set up what’s called a “trading pair” with Bitcoin or another much larger cryptocurrency… Therefore, relying on Bitcoin as the accepted form of payment. This in turn could obviously increase or decrease the value & price of Bitcoin because of its central placement within the market of most alt-coin trades.As you see, when Bitcoin’s market moves, everyone will start to trade out of or into alts, but via Bitcoin therefore resulting in a paralleled pattern between Bitcoin and many alt-coins. also yes it is a good time to buy some altcoins there are some undervalued altcoins which have good potential to rise, do your research and invest safely.
full member
Activity: 532
Merit: 114
March 14, 2018, 05:38:52 AM
Why look a gift horse in the mouth, do your research, find your coin and buy!!!!!!
member
Activity: 210
Merit: 14
March 14, 2018, 05:32:52 AM
give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.

Altcoins are connected to bitcoin if bitcoin falls altcoins follows because if you are holding altcoin you will surely lose in conversion.
newbie
Activity: 126
Merit: 0
March 14, 2018, 04:57:17 AM
In my opinion, the main factors in the reduction of bitcoin and altcoin prices are the sale of bitcoins and Bitcoin Cash owned by MtGox
for a total of over $ 406 million, as well as the expected discussion of the prospects for the development of the Crypto-currency
at the G20 summit scheduled for March 18-19 in Argentina.
newbie
Activity: 168
Merit: 0
March 14, 2018, 04:27:38 AM
Since alts are still tied to the price of Bitcoin, whenever bitcoin price drops so does alts price. The only time alts pump is when the btc price stabilizes.

Yeah, aside from relevant news, whales, FUD, etc. a lot of the altcoins are dependent on btc price and change accordingly.
full member
Activity: 406
Merit: 100
March 14, 2018, 04:26:02 AM
Generaly if the BTC price fall down altcoin will be followed falling down also and this trend we can say the altcoin only relying BTC price if its down altcoin down if it is up altcoin also up the value i think.
full member
Activity: 381
Merit: 101
March 14, 2018, 04:22:08 AM
Since alts are still tied to the price of Bitcoin, whenever bitcoin price drops so does alts price. The only time alts pump is when the btc price stabilizes.
full member
Activity: 686
Merit: 100
March 14, 2018, 04:04:53 AM
- It is clear because the price of the parent coin is decreasing so altcoin will also go down.
-All depends on us whether we dare with a very high risk because with the current investment can get a very low price but time rise again will likely take a long time.
-for this matter may schedule all investors as it always happens every year like this.
full member
Activity: 693
Merit: 100
March 14, 2018, 03:55:31 AM
As we all know, the bears are having a party right now while the bulls are in slumber. This is the very nature of the cryptoworld as both coins (Bitcoin and altcoins) cannot be on the same level of trend due to the fact that bitcoin creates that very same trend. There are a lot of dumpers (MTGOX trustee) which make the market suffers. But this is actually a good opportunity to buy and hoard for those altcoins. Let's just hope for the best in cryptoworld.
Basically Price fluctuates because of the changes of the demand and supply of the coin, if there are many people sell the specific Altcoin then it will start to dump and the effect is its price will go down. Particularly traders have a big impact of the value fluctuation and volatility of all the coins in crypto world.
member
Activity: 336
Merit: 10
March 14, 2018, 03:41:05 AM
#99
give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.

for now all altcoin prices are falling and falling because there is bad news from bitcoin that keeps the bitcoin and altcoin prices down because I know bitcoin is the center of all altcoin if bitcoin prices fall in alctoin prices also dropped dramatically.
full member
Activity: 238
Merit: 101
Escorting Meets The Sharing Economy
March 14, 2018, 03:31:27 AM
#98
As we all know, the bears are having a party right now while the bulls are in slumber. This is the very nature of the cryptoworld as both coins (Bitcoin and altcoins) cannot be on the same level of trend due to the fact that bitcoin creates that very same trend. There are a lot of dumpers (MTGOX trustee) which make the market suffers. But this is actually a good opportunity to buy and hoard for those altcoins. Let's just hope for the best in cryptoworld.
sr. member
Activity: 518
Merit: 251
March 14, 2018, 03:23:34 AM
#97
maybe some governments banned cryptos, maybe some people want to make profits from the falling, no matter how, the altcoin already pumped for almost one year, and i think it need a fall for the next moonrise

Basically it effects the price of the altcoin if some of the governments banned some cryptos in their country, which is a sad news but i know it will come a time that the price would be up again.
sr. member
Activity: 938
Merit: 251
March 14, 2018, 03:17:36 AM
#96
One major factor that is affecting price across board is the  issue of greed! People want to make millions in less than 24hrs! Anything of value takes time. Time speaking about here coukd be years! Crypto is here to stay but time of wild wild west is coming to an end shortly!
full member
Activity: 1330
Merit: 100
C O M B O
March 14, 2018, 03:16:52 AM
#95
give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.


Current correction makes almost all crypto down including bitcoin
the main character in the market decline when bitcoin values ​​grow or decrease. all altcoin refers to the development of bitcoin. and when bitcoin is stable. that's when altcoin will soon grow quickly.
member
Activity: 476
Merit: 10
March 14, 2018, 03:11:47 AM
#94
 The market forces are the major causes of decline of alt coin prices,  its can however be noticed that anytime BTC takes a dip, most Alts also reduce in prices, government policies also have a big impact on the pricing of Alt coins and cryptocurrency in general,
newbie
Activity: 95
Merit: 0
March 14, 2018, 03:09:32 AM
#93
In my opinion, it is a chance to buy in, May 5-6 is the time to take profit for people to travel, stressed after the tired working days, such psychology led to the sale of many markets. The school will go down
jr. member
Activity: 252
Merit: 2
Ximply for president!!!
March 14, 2018, 03:01:20 AM
#92
bitcoin price is going up so altcoin holders sell their alts to buy bitcoin and ride the rocket to the moon.
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