What is happening ? = all coins down by 20 to 35 % - page 5.

reflector

sr. member

Activity: 826

Merit: 263

Quote from: tristan1960 on June 15, 2017, 11:11:37 AM

Why do you think this is not normal? When all the coins making 30% up each day, that was okay, right?

You mean to say about the bitcoin price fluctuation correct! Yes, we need to agree both the bump and dump to have healthy growth in bitcoin. Even I checked the price, with in some days bitcoin down to 2500$ and little more. I and you all knows that bitcoin price will recover back. You utilize this time and buy some bitcoin or high cost altcoins now. In week also profit will find your savings.

BrewMaster

legendary

Activity: 2128

Merit: 1293

There is trouble abrewing

it is just a cycle, altcoins get pumped then they enter a bubble because a lot of newbies rush to get rich and then when things become critical the bubble bursts.
this incident was intensified because of bitcoin drop caused by yet another block size drama.

and here is a nice little photo for you:

tristan1960

full member

Activity: 217

Merit: 100

Why do you think this is not normal? When all the coins making 30% up each day, that was okay, right?

MMysterious

sr. member

Activity: 972

Merit: 255

Bear season or just the beginning

Probably their dumping because bitcoin is dumping too. Or at least bitcoin has something to do with mostly all the alts going down.

dmamigo

sr. member

Activity: 1232

Merit: 250

Large scale dump just happened, and Bitcoin is mostly affected due to various rumors and recent Hard Fork news. Newbies are reading various negative comments and this should have lead to this fall. Though it is a kind of opportunity, no doubt.

dady12

full member

Activity: 166

Merit: 100

this is normal to the world of cryptocurrency,and this is a good opportunity to buy low and sell high and there is also bad news of bitcoin that there might be a split and if this occur we are going to have 2 phase of bitcoin just like Etheruim and etheruim classic,

tigerwood0432

hero member

Activity: 493

Merit: 504

Quote from: ItchyIrish on June 15, 2017, 02:41:20 AM

Quote from: Herbert2020 on June 15, 2017, 02:06:14 AM

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!

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

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

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

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

Yep me too , i bought ETC/BTC @0.0068 , i'm up with 600$ profit and holding

ItchyIrish

member

Activity: 94

Merit: 10

Quote from: Herbert2020 on June 15, 2017, 02:06:14 AM

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!

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

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

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

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

n691309

legendary

Activity: 1526

Merit: 1001

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

Bitcoin is affecting all other coins' value, there is no doubt that other coins are not independent from bitcoin yet, as usually when the price drops there we see the "it's a good time to buy now" yes it is but we should think also that the price can go lower but as usual let's hope that the price will go up again and now reaching the $3k.

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Meh. This was very expected. It's been a pattern for bitcoins and other altcoins since like forever. It skyrockets, then crashes a bit then rebounds after a few days. Look at ethereum's current price. It crashed by like $60 - $70 and rebounded immediately at the same day lol. It would take a few days or a few weeks for bitcoin to go back up. But hey, more opportunities to buy at a lower price! Grin

olushakes

sr. member

Activity: 476

Merit: 254

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

Every situation presents its own opportunity whether to be missed or exploited and that's exactly the case and when the price increase by say 30% that does not mean poverty has stopped in the land or crime has reduced in all climes of the society. The price swings is just normal the best is for individuals to see opportunity in every situation.

Herbert2020

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!

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

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.

22justin

sr. member

Activity: 307

Merit: 250

anyone got any real ideas why ?? has the bubble been popped?

Idrisu

sr. member

Activity: 924

Merit: 260

This is a sign that bitcoin has started reacting to world events and not only bitcoin but others coins also. For your information, 24 story building was engulf with a great fire yesterday in London, many fear death and property worth millions of pounds destroy. Another event happened in usa yesterday were 3 people were shoot by a gunman, one of the casualties was a congress man. This two nations are in mourning and trade activities is very low.

SportsbookBettor

sr. member

Activity: 315

Merit: 250

If all coins are down for the moment. It's the best time to buy any currency at this rate mate. We stock some coins at low price and we sell them at high price.

BaseCrypt

newbie

Activity: 56

Merit: 0

Just sent more money to average my btc , buying good amounts of bitcoin to cover my losses and diversifying in ETC , ETH , ZEC

ItchyIrish

member

Activity: 94

Merit: 10

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

tigerwood0432

hero member

Activity: 493

Merit: 504

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

Topic: What is happening ? = all coins down by 20 to 35 % - page 5. (Read 4356 times)