Topic: why all coins are dropping? - page 38. (Read 221989 times)
For beyond any doubt this is a direct result of the FUDS circlulation out there, the haters of the cryptos are truly doing their best to keep all the cryptographic money tokens from bullrun. While a portion of the whales I figure are truly controlling the market possibly some of them are taking favorable circumstances of the plunge and do shopping in abundance for every one of the coins which truly has the potential. This simply my own theory who recognize's what's truly occurring out there yet I trust cryptos will recoup soon.
any body know the reason for current drop?
Because bitcoin price is down, so all altcoins are currently down too. All alts prices and progress always depends on what value of bitcoin is.
When Bitcoin's growth is insignificant, it happens, but when the growth is abrupt, spontaneous and the figures shock their size, a psychological game begins, everyone wants to be along with the locomotive. At this point, the sale of altcoyins and the purchase of Bitcoin begins. The psychology of large numbers works and the desire to jump into a locomotive, it turns out that the altcoins are selling and buying the cherished Bitcoin.
Well right now we are in the bearing market so coin are fluctuating are the prices are going down and are not stable but it is only temporary I guess in a short time we will enter the bullish market and everything would be okay
Don't look for a specific reason, it's all very simple, we're in a bear market when looking at the macro picture and until we make a significant break above 10k with bitcoin the other coins won't rise
Why are all the coins falling? I don't know how to answer this question, because I don't know why all the coins are falling. I have been looking for the answer to this question. I hope you can find the correct answer to the question and tell me, then I will be very grateful.
The reason all altcoins are down is because bitcoins are down. I think the capital is pouring into bitcoin and next week I think it will jump to about 9k usd
any body know the reason for current drop?
In January 2018, bitcoin and all crypto-currencies, fell due to the fact that the whales drove the price of that asset. A very large amount of bitcoins entered the cryptocurrency market, and at one point began to sell bitcoins for dollars. Thus lowered the price to 5500 in July. Now the market is beginning to recover. Bitcoin is already at the price of 8000$
In my opinion, there are many reasons. First, the most important thing is that the state prohibits cryptocurrency, which leads to the slowdown of the development of encryption. The fewer people who trade, the market transaction volume decreases. Once the demand is reduced, the value of the encrypted coin will decrease.
The initail dumping of BTC prior is the primary reason in the matter of why the BTC costs began to fall, freeze sneaked in and most began to pitch prompting an expansion in advertise supply and little request along these lines the fall in costs
THis is the same as was happening in september-november. people sold their altcoins and started to keep bitcoin instead of altcoin.
The collapse in the price of all cryptocurrencies is caused by government concern. There is concern in the Cryptocurrency market due to regulatory aspects. The government of South Korea plans to introduce a ban on cryptocurrency exchanges in the country. South Korea is one of the countries where the passion for cryptocurrency is very high, and it accounts for a significant amount of global trade for all crypto-credits.
Look at the dominance of bitcoin on the market. It is increasing every day. By transfusion of funds from altcoyins. And it is not known when this all will end.
Coins are falling due to the fact that they do not have sufficient confidence in both investors and society. In the future, the situation may change.
They are dropping because BTC is very unstable at this time and we all know that Altcoin most of the time depend on bitcoin movement and dropping after the ATH of 20k so I hope when BTC get stable Altcoins will also start moving up.
The decline of coins can be justified by the fact that people simply lose interest . There is a loss of coins .
many factors that make this happen like one example like bitcoin itself the bigger the decrease of bitcoin will be the bigger the decrease in altcoin and it is reciprocal with vice versa (IMO)
Allmost all altcoins out there are traded and paired against bitcoins. So just a few amount of them is paired with usd or other fiat currency. So when the bitcoin price is going down, people think that the coin value is going down. But they dont get it that they have to watch the satoshi price of their coin and not the usd or other fiat currency price.
The market has experienced a decline after a bull market. I think experienced investors know this, so this is not a strange thing. I think what we need to do is to analyze when this market will rise again. This is us. Need to care about the problem.
this year in Jan, there was a lot of increase in most coins prices, so now the selloff is natural. Expect the prices will drop further until the next btc bull trend.
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