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Topic: What is happening ? = all coins down by 20 to 35 % - page 4. (Read 4353 times)

legendary
Activity: 1176
Merit: 1016
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. 
 


Perhaps next time your drama queen need to not be bored can be less "concrete" and the BS will not be that obvious. I love the use of the word "all" that nearly every time locks in a lie.  There are very few "all" statements that can be made and are not basically wrong. 
legendary
Activity: 2954
Merit: 1159
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. 
 
sr. member
Activity: 1330
Merit: 258
This is easy corrections because price of bitcoin down.
after this, price of alts down too..
don't worry, because bitcoin rise soon and will be ok.
sr. member
Activity: 826
Merit: 252
Any incoming nuclear war ? Or any worldwide bad news that we should know ? WTF ? ahahaha

It just speculation, sometimes because of news or weekend. The price going down is the best way to find where's to point we can buy again, that's fact. No way the price will always comes up, so you should thank you for other people who make the price go down. Maybe you replace all your money into one coin, so when the price going down you are panic. Don't worry, juat wait and see price action and prepare to sell. Just calm down and have a nice day.
sr. member
Activity: 686
Merit: 250
Just zoom out on the charts, for monthly or more and you will find that even in 25/30% deeps many coins are still very hypped. Dont know if they will hold the value or just burst the bubble, but the profits keeps coming in ALMOST all the time.
For a disclaimer im holding without profit Bestchain coin, pivx, and litcoin.
sr. member
Activity: 462
Merit: 250
I guess it just panic selling because bitcoin price fall down, i saw some altcoin not getting down even bitcoin price fall down. Not need to panic and stay cool to keep your altcoin
legendary
Activity: 1582
Merit: 1059
Any incoming nuclear war ? Or any worldwide bad news that we should know ? WTF ? ahahaha

I would say don't panic and hold your coins, or if you can just buy some more. I will sure by some ETH, because I really think they will continue going up in the long term. I would by some more BTC as well, but I will wait a little longer. I think buying alt coins is more profitable right now.
member
Activity: 98
Merit: 10
I dont think that the main coins are down, you can see that ETH, ETC AND DASH all are all time high only their is a profit booking in BTC but it is also recovering.

Thats the thing in fiat everything lost out when bitcoin had its correction. The simple matter of fact is that when bitcoin goes down in fiat terms, nearly all altcoins also lose because their biggest trade volume is done in bitcoin.
sr. member
Activity: 2618
Merit: 439
I dont think that the main coins are down, you can see that ETH, ETC AND DASH all are all time high only their is a profit booking in BTC but it is also recovering.

Last time I checked Poloniex, all coins are in the green color. And it looks like they are already recovering from the said crashed. With regards to the crashing, we can only speculate things like the bitmain statement that may have contributed to the fall of the market price. But good thing though, it was only short lived.
legendary
Activity: 1190
Merit: 1002
I dont think that the main coins are down, you can see that ETH, ETC AND DASH all are all time high only their is a profit booking in BTC but it is also recovering.
newbie
Activity: 14
Merit: 0

haha! Nice chart!  Cheesy  Grin The only problem with the chart is that you can only label it in retrospect.
hero member
Activity: 1134
Merit: 517
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.
full member
Activity: 406
Merit: 100
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 Smiley
legendary
Activity: 1050
Merit: 1001
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.
sr. member
Activity: 1330
Merit: 291
Any incoming nuclear war ? Or any worldwide bad news that we should know ? WTF ? ahahaha
I don't think there is any incoming nuclear war, just that bitcoin and crypto currency in general has gotten to the level that it reacts to world events both positive and negative events. I believe this happened as a result of the attack that happened in United State of America and the fire outbreak in London which I think makes many trader to stay away from the market.
legendary
Activity: 1946
Merit: 1137
go back about 2 weeks in the altcoin board and look through the topics that were posted then. with the subject "altcions are in a bubble, be careful". and you'll see what the reason for all these drops are!

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

good luck. because to me it seems more like the start of the dump of these two. and also pretty soon all the ICO funds will be released to their owners and they won't hesitate to dump it specially since they are seeing the drop and wouldn't want to lose anything.

Thanks for your kind advice Smiley
I'm glad i didn't follow it , i bought ETC/BTC this morning and i  already made 1,000 $ profit , and still holding it Smiley

Of course for long term investment i will keep my capital in btc , but for short term trading : ETC/BTC is making me high daily profits

can you explain how?
here is what i see based on time of your post compared to times on the chart from bittrex, both of them are in my local time.
i'm just trying to understand how you bought ETC in the morning of 15th and made $1000 profit and price has been dropping all that particular day

also the biggest profit was 8.5% from June 13 the very bottom to June 14 the very top!
and to make 0.4347BTC profit you should have bought at that very bottom and sold at that very top. and have invested >5.11BTC
so your timing and prices don't match each other!

sr. member
Activity: 602
Merit: 252
Nothing is found specific. As most of the digital currency value has begun to decline, it's surely an fall to the entire group of people who have been depending upon the cryptocurrency. Hope this regain in a short.
hero member
Activity: 3080
Merit: 603
Any incoming nuclear war ? Or any worldwide bad news that we should know ? WTF ? ahahaha
It's a worldwide problem even stock markets are also in bloody week. But I can see now that bitcoin is already on a comeback from $2,170+ it is now at $2,445 so we will see it very soon the price will be back at $2,700 and will be trying to break the wall of $3k. Just be patient and don't panic people.
sr. member
Activity: 462
Merit: 260
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
full member
Activity: 126
Merit: 100
Already i bought "XDN" coin,,  just Buy & hold  Grin  Grin
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