Topic: what causes the price of altcoin down? - page 40. (Read 4195 times)
In my opinion, the price of Altcoin is down due to the impact of Bitcoin, altcoin follows the bitcoin price now the price is down. Altcoin automatically follows it. That's my opinion
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.
Yes, bitcoin really affects altcoin. If bitcoin price drops then altcoin price will definitely come down too. So that is an opportunity to get more bitcoin and altcoin, and you have to hold it. So when bitcoin price rises then altcoin will go up , then you will benefit greatly. 
I think the price of altcoin falls due to the falling bitcoin price, and the cause of this can happen, most likely is because the exchange of binance can be broken by hackers, and other issues about government banning bitcoin
The price of BTC is getting lower and lower, and the price of altcoin, which is denominated in BTC, will also be reduced, and the price of altcoin will continue to fall at a time when the market is low.
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'm not really a pro into this but what I observe when the Bitcoin price drop most of the altcoins also drop. Maybe be bitcoin price really affect the altcoin price because you need to exchange your altcoins to ETH or BTC before you can convert into cash. There is no such exchange that change altcoins directly to USD. So maybe that's the reason.
indeed this time is inversely proportional to a few years ago where Bitcoin down altcoin rises but now different from it all when bitcoin down altcoin will go down, so I think Bitcoin could be the reason altcoin go down its value.
The reason why altcoins are going down because bitcoin is dipping very because the government in china and other nation wanted to minimize the bitcoin itself which it affects the prices itself and the alts. Just stay calm and sit tight this will be a bad month for us
Basing on bitcoin news bitcoin Falls downs due like it was due to government issues like the law base on how I understand the reason. Still I think its because of the peoeple who kind a loose interest in bitcoin and I think it is because of the issue that the news showed.
To see it in the good side you people can now invest rather buy bitcoin and just wait bitcoin market value increase so you guys can profit. Remember that people should watch the charts and the application I used to be up to date is blockfolio. Here remember to see the candle stick to identify it if it will increase or decrease its hard to explain and if you really cant understand. So, if we watch youtube to understand like I was before to understand it by youtubes help.
To see it in the good side you people can now invest rather buy bitcoin and just wait bitcoin market value increase so you guys can profit. Remember that people should watch the charts and the application I used to be up to date is blockfolio. Here remember to see the candle stick to identify it if it will increase or decrease its hard to explain and if you really cant understand. So, if we watch youtube to understand like I was before to understand it by youtubes help.
The main reason is the change in the price of bitcoin. The behavior of all altkoins depends very much on bitcoin. Also, the price of altcoins can be affected by events in the project. If work is in progress on the product, updates are issued, then the price of the coin is growing. Also important for the price - marketing policy of the project.
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.
You can take advantage of the dip of altcoins by buying more to add to your portfolio and so that you have more chance of gaining profit the moment the market rises up. The market is currently in correction stage right now causing all coins to decrease.
It is largely a reaction to the fall in bitcoin price which was triggered by the SEC issuing a statement that it intends to regulate exchanges in the US.
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.
The likelihood that the altoin price drops is due to the decreased bitcoin movement and in my opinion the parent bitcoin of all altcoins affecting the altcoin price, and now is the right time to buy altcoin or bitcoin and invest long-term
It depends on father coin Bitcoin price. Also market is crashing nowadays. It will rise soon. Stay tuned.
Lots of regulation battles on Bitcoin from several governments of late has made the coin famous in a negative way hence provoking lots of caution on its usage hence fall in price. fall in Price for BTC will definitely affect the price of altcoins, that's what is currently happening
the Best time to Buy altcoins is when Btc is moving either up or down , then once it stabilize altcoin start pumping .
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?
There is no hack, it is a API bug, 31 binance accounts were hacked because of its owners' fault, and hacker used these accounts to control the price and make panic stuations.
I don't really understand why 
)) Sometime Altcoin down because Bitcoin price pump but sometime although Bitcoin price dump but altcoin also dump as well. LOL. It's really hard to know but I think all these dump is the result of bad news related to cryptocurrency like Binance exchange hacked few days ago, it also affected a lot to crypto price. But I think the main reason why altcoin price dump is still the whales
)) Sometime Altcoin down because Bitcoin price pump but sometime although Bitcoin price dump but altcoin also dump as well. LOL. It's really hard to know but I think all these dump is the result of bad news related to cryptocurrency like Binance exchange hacked few days ago, it also affected a lot to crypto price. But I think the main reason why altcoin price dump is still the whales 
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
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.
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've read opinions like the one you convey. However, I think it can not be 100% used as a benchmark of the increase and decrease in the price of altcoin.Jump to: