What is happening ? = all coins down by 20 to 35 % - page 3.

tigershark

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Quote from: tigerwood0432 on June 15, 2017, 01:19:05 AM

Any incoming nuclear war ? Or any worldwide bad news that we should know ? WTF ? ahahaha

It's just a normal correction in price after weeks of big price increases. These cryptocurrencies will have price fluctuation especially while they are relatively new to investors.

Corrections will happen after long runs of gains. The price rises to high too quickly but the drop is a good time to buy cheaper coins. The problem is predicting the bottom of the dip.

Termin4tor

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Its because bitcoin's price has an indirect effect on altcoins as well I suppose. Many people directly trade btc to altcoins. This months bubble and dump of bitcoin might have been the reason for indirectly affecting altcoin prices.

bc-eman

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Quote from: Singwala on June 16, 2017, 01:10:44 AM

This is the reason why altcoins and bitcoins is down you can check here: http://www.coindesk.com/sea-red-top-10-cryptocurrencies-see-steep-declines-market-turns/ . This is the good time to buy altcoins and bitcoins at lower price

Interesting. This article says that it's due to a market correction and may be only the beginning. Looks like there is a deficit in the current value of cryptocurrencies vs. trader confidence.

stromae

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Quote from: SportsbookBettor on June 19, 2017, 05:35:37 AM

Quote from: iqlimasyadiqa on June 19, 2017, 04:42:41 AM

Traders will love this moment. They will certainly buy a lot of altcoin. They expect to get a high price when selling the altcoin.
This can provide a great advantage if everything fits into the plan.

For some big traders this opportunity is what they are waiting for. If the price of the coins goes down. This is a perfect buying opportunity for them. They just need to go with the flow.

Like me. I'm not a big trader and my budget is very limited but I always see the prices go down so that I can collect more coins with cheap prices. That's a good method.

RealPhotoshoper

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Quote from: que91 on June 16, 2017, 04:23:58 AM

Quote from: RealPhotoshoper on June 16, 2017, 04:00:40 AM

Quote from: ItchyIrish on June 15, 2017, 01:23:43 AM

lol , it means = best buying opportunity , VERY cheap coins , i'm buying ETC and ETH

It is simple just like that , but still really hard to put a buy position while you are in fear.
Fear to see the price and the market free fall deeper than the current down price.
It could be keep dropping more than 50% or even more noone know right? Just always make a backup funds when you want to do this.

Well, I ussually use 50% Balance to buy altcoin and trading everyday, but hold 50% for wait the price on market down all. Just wait and I can take profit 10-50% after that. I think in one week maybe have 1 or 2 times breakdown price all, and just wait that for buying cheap price

That might work too and similar to having a backup funds right?
To anticipate something you don't want , something unexpected like what is happening recently in altcoin market.
You have to prepare yourself for the worst scenario , as while you waiting instead the price recoved it is keep dropping deeper.

SportsbookBettor

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Quote from: iqlimasyadiqa on June 19, 2017, 04:42:41 AM

Traders will love this moment. They will certainly buy a lot of altcoin. They expect to get a high price when selling the altcoin.
This can provide a great advantage if everything fits into the plan.

For some big traders this opportunity is what they are waiting for. If the price of the coins goes down. This is a perfect buying opportunity for them. They just need to go with the flow.

sulendra12

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Quote from: joromz1226 on June 19, 2017, 03:01:51 AM

If all coins down by 20 to 35%, that a good chance for me to buy more cheaf altcoins. I think most of the expensive altcoin will goes
down then if that happen I will buy them for sure.

Indeed, that's a great chance to grab your bag and buy cheap altcoins because there are a chance to get bubbled and pump up later. Although, it may take longer time because panic sell or big whales dump this coin.

Quote from: iqlimasyadiqa on June 19, 2017, 04:42:41 AM

This can provide a great advantage if everything fits into the plan.

What plan ?

iqlimasyadiqa

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Traders will love this moment. They will certainly buy a lot of altcoin. They expect to get a high price when selling the altcoin.
This can provide a great advantage if everything fits into the plan.

Denker

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Quote from: ?? on ??

Yeah, $2,800 looks like a bubble for BTC, but other crypto currencies still have the potential to rise. The higher the current price, the higher the chance that it will decrease. The lower the current price, the higher is the chance that it could rise. But it also depends on the currency and news about a certain coin.

What? I'd say all other coins are much more in a bubble than Bitcoin to this current moment!
To the old ATH (~1200) we are barely up 2x! The altcoins are up 10x, 20x, 30x, 100x.And they have almost no real use cases or advantages to Bitcoin! In addition to that are all those crazy ICO scams! When that 2 bubbles (altcoin and ICOs) burst, this could mean a massive slingshot for Bitcoin and push it up $10000! Then we can speak about a bubble in BTC! Take Bitcoin's long term chart, zoom out in log scale and compare the actual situation to the precious bubbles in 2013, 2012 and 2011!

joshy23

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Quote from: TastyChillySauce00 on June 19, 2017, 03:13:37 AM

Quote from: Taskford on June 18, 2017, 09:45:29 PM

Quote from: Victorycoin on June 16, 2017, 08:33:22 AM

Quote from: Singwala on June 16, 2017, 01:10:44 AM

This is the reason why altcoins and bitcoins is down you can check here: http://www.coindesk.com/sea-red-top-10-cryptocurrencies-see-steep-declines-market-turns/ . This is the good time to buy altcoins and bitcoins at lower price

The highlight of the article is this:

Quote

All in all, the development comes hours after traders reported preparing for a correction as the market's recent upward momentum slowed, and weeks after many had begun sounding the alarm that the market had become wildly divorced from fundamentals.

As such, speculation is high that this correction might only be the beginning of more declines.

What it really implies is that the market have long been overpriced and overbought and drop in price had been long coming. All the same, it is nothing uncommon to see market react in such manner. as a matter of fact, savvy traders have been waiting for a time like this, when coins become cheaper to buy again.

Probably right.
I don't know why everyone here is always in panic mode when there's a sudden fall in crypto currency.
Can we just calm down and always analyze the news.
Let's take it on the positive side, maybe it's the only way saying that this is great opportunity to buy btc in
lower price and profit a lot in the future.

People are just too much speculating without seeing the fact that this dump is really a normal thing, maybe they're worrying their money which still trapped in form of those coins which were dumped but actually it's not.
The circumstance is really different with few years ago that once the dump occur, people will sell their whole bitcoin in exchange of USD, today, when the dump just occur, people are seeing this as an opportunity to get a cheap coin and waiting for the upcoming price increase, you can see that the dump doesn't last long.

I also noticed that too. The crash is typically short lived now. Unlike before that when the panic selling starts, it usually go down very fast and stay for very long. But now, only just a couple days and it will just stopped and the price will also recovered very quick. I guess people find this a perfect opportunity to buy back bitcoin.

TastyChillySauce00

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Quote from: Taskford on June 18, 2017, 09:45:29 PM

Quote from: Victorycoin on June 16, 2017, 08:33:22 AM

Quote from: Singwala on June 16, 2017, 01:10:44 AM

This is the reason why altcoins and bitcoins is down you can check here: http://www.coindesk.com/sea-red-top-10-cryptocurrencies-see-steep-declines-market-turns/ . This is the good time to buy altcoins and bitcoins at lower price

The highlight of the article is this:

Quote

All in all, the development comes hours after traders reported preparing for a correction as the market's recent upward momentum slowed, and weeks after many had begun sounding the alarm that the market had become wildly divorced from fundamentals.

As such, speculation is high that this correction might only be the beginning of more declines.

What it really implies is that the market have long been overpriced and overbought and drop in price had been long coming. All the same, it is nothing uncommon to see market react in such manner. as a matter of fact, savvy traders have been waiting for a time like this, when coins become cheaper to buy again.

Probably right.
I don't know why everyone here is always in panic mode when there's a sudden fall in crypto currency.
Can we just calm down and always analyze the news.
Let's take it on the positive side, maybe it's the only way saying that this is great opportunity to buy btc in
lower price and profit a lot in the future.

People are just too much speculating without seeing the fact that this dump is really a normal thing, maybe they're worrying their money which still trapped in form of those coins which were dumped but actually it's not.
The circumstance is really different with few years ago that once the dump occur, people will sell their whole bitcoin in exchange of USD, today, when the dump just occur, people are seeing this as an opportunity to get a cheap coin and waiting for the upcoming price increase, you can see that the dump doesn't last long.

joromz1226

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Quote from: tigerwood0432 on June 15, 2017, 01:19:05 AM

Any incoming nuclear war ? Or any worldwide bad news that we should know ? WTF ? ahahaha

If all coins down by 20 to 35%, that a good chance for me to buy more cheaf altcoins. I think most of the expensive altcoin will goes
down then if that happen I will buy them for sure.

Taskford

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Quote from: Victorycoin on June 16, 2017, 08:33:22 AM

Quote from: Singwala on June 16, 2017, 01:10:44 AM

This is the reason why altcoins and bitcoins is down you can check here: http://www.coindesk.com/sea-red-top-10-cryptocurrencies-see-steep-declines-market-turns/ . This is the good time to buy altcoins and bitcoins at lower price

The highlight of the article is this:

Quote

All in all, the development comes hours after traders reported preparing for a correction as the market's recent upward momentum slowed, and weeks after many had begun sounding the alarm that the market had become wildly divorced from fundamentals.

As such, speculation is high that this correction might only be the beginning of more declines.

What it really implies is that the market have long been overpriced and overbought and drop in price had been long coming. All the same, it is nothing uncommon to see market react in such manner. as a matter of fact, savvy traders have been waiting for a time like this, when coins become cheaper to buy again.

Probably right.
I don't know why everyone here is always in panic mode when there's a sudden fall in crypto currency.
Can we just calm down and always analyze the news.
Let's take it on the positive side, maybe it's the only way saying that this is great opportunity to buy btc in
lower price and profit a lot in the future.

bitcoinmasterlord

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Quote from: gabmen on June 18, 2017, 07:38:04 AM

Quote from: ?? on ??

Yeah, $2,800 looks like a bubble for BTC, but other crypto currencies still have the potential to rise. The higher the current price, the higher the chance that it will decrease. The lower the current price, the higher is the chance that it could rise. But it also depends on the currency and news about a certain coin.

I don't really think so. Previously btc was stuck at a much lower rate and i think people have just gotten used to the consistent price rise of btc that's why some are not at ease anymore of whether to still hold on to their bitcoins. Though i think by the end of thia year, bitcoin may still have a couple of good runs and can reach beyond the 3k boarder at a more consisntent rate just like how we are today at 2.3 to 2.5k

Yes there is no 20 to 35% down in Bitcoin price. Once it reached the tip of $3k but immediately it came back to normal price. Actually, we are in big profit now. According to all people guessing the BTC price will reach $2k this year end. But our good we got that opportunity very soon. So I don't feel that any big changes happened in BTC price.

gabmen

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Quote from: ?? on ??

Yeah, $2,800 looks like a bubble for BTC, but other crypto currencies still have the potential to rise. The higher the current price, the higher the chance that it will decrease. The lower the current price, the higher is the chance that it could rise. But it also depends on the currency and news about a certain coin.

I don't really think so. Previously btc was stuck at a much lower rate and i think people have just gotten used to the consistent price rise of btc that's why some are not at ease anymore of whether to still hold on to their bitcoins. Though i think by the end of thia year, bitcoin may still have a couple of good runs and can reach beyond the 3k boarder at a more consisntent rate just like how we are today at 2.3 to 2.5k

RoommateAgreement

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Bazinga!

Quote from: Donaldturp on June 17, 2017, 05:42:11 PM

Do you guys think it will be going to moon all the time? This is normal. Just try to take a position while prices are decreasing and make short positions in exchanges.

that may work with bitcoin and on rare occasions on bigger altcoins but generally speaking when it comes to altcoins and the dumps, any position there is like catching a falling knife!
you are underestimating the power of panic selling. you can take a look at bitcoin and see how powerful that is. it caused a big drop from $2900+ to $2100. you can't imagine what that is going to do to a tiny altcoin who nobody believes in!

AicecreaME

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This is pretty normal for the all coins in the market to experience loss because there is what we called panic selling where the people panics when they see a huge dump in the price and they just selling their coins even they are selling it for a lower price and getting such a big loss. Most of the panic sellers are newbies or they don't have any strong knowledge about this kind of market so they are just confused to their investments.

Donaldturp

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Do you guys think it will be going to moon all the time? This is normal. Just try to take a position while prices are decreasing and make short positions in exchanges.

gribble

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Quote from: tigerwood0432 on June 15, 2017, 01:19:05 AM

Any incoming nuclear war ? Or any worldwide bad news that we should know ? WTF ? ahahaha

I don't think so... Hihihi.... All of altcoins down by 20 up to 35% because of bitcoins price goes down too
i think that the causes the altcoins down, traders safe their coins in fiat money, and dump of altcoins are good
due to that is time to buy altcoins cheap, and the price is rebounce right now.

BitcoinPC

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Quote from: virasog on June 17, 2017, 05:13:36 PM

It is not a hard concept, you made up the fact to support whatever you are trying to convince people of or to just start a thread because people can't just NOT be doing something. All exchanges show about 50/50 price up and down and they showed the same thing at the time of your posting.

That is one of those words packed with danger, like "just", the single word that has the uncanny ability to make a person feel that their wrongdoing is not that bad...."I was JUST trying to help..." or whatever, because self-justification has a sound, it is "just".

Topic: What is happening ? = all coins down by 20 to 35 % - page 3. (Read 4356 times)