Topic: why all coins are dropping? - page 47. (Read 221989 times)
Up and down in crypto is normal. One reason is because crypto has a very fluctuating value. there are also many factors, including bubble phenomenon in bitcoin that affects the decline of other crypto coins, ahead of Lunar New Year as the largest bitcoin market is in China, new regulations in Germany, and punishment for Crypto currency traders in South Korea
because of the bitcoin decline then many cryptos are also experiencing the same condition. This happens because of a lot of the altcoin programme on the bitcoin. However, the situation of the large number of rejections that occur for crypto. but up to now, it is starting to fade improved because crypto is also starting to get a lot of support and slowly rising.
Bitcoin as a benchmark than any other altcoin had a severe decrease of up to $ 5400 that time. A negative news hit the bitcoin at the time. Stock cryptocurrency in south korea, coinrail hacked. On the incident, about 30% of the coin-traded token in Coinrail disappeared.
All coins are controlled by Bitcoin and Bitcoin is falling now due to market fluctuations. More the price of Bitcoin , more the price of altcoins.
all tied to bitcoin, its price falls and the chain falls and the rest of the coins
There are many reason for this. When bitcoin price is going down, alt coin prices is falling further because of this investors selling their alt coins
Its because there are a lot of peoples selling their coins, whales move the market to reds and when peoples see the market in red, all of them selling before they got more reds.
Many factors affect the market, negative news, manipulation, investors.
The cryptomarket in 2018 differs from 2017. Last year bitcoin could fall, and other coins, for example, the etherium, could rise in price. In 2018, all tokens depend on bitcoin. This is not a normal situation for the stock market.
I suppose that altcoins price up and down depends on Bitcoin stability or maybe it is just a cycle of the market, as when the market had reached the peak, it of course will take a down. And I think there are still many reasons for this dump in prices as it has been witness currently. Thus, when all of reasons are answered, the price will rise again.
I am looking forward to the answer to this question. Why do not you talk about it all the time in my friend's environment. Now that the whales come, the market rises.
The market correction caused the price of the currency to fall. I think this is a very normal phenomenon. As long as we patiently hold our coins and wait for the market to pick up, I believe we can make huge profits from it.
The recent drops (June 2018) are caused by mainly three reasons, Indian Exchange announcement regarding the stopping of crypto - fiat exchange, Korean Bitthumb hacks and Japanese regulations. Don't worry, the more regulations and rules in crypto industries the less volatile they will be.
I think that this is a small correction, since we all know that bitkoyn is a barometer of all altkoins, a decrease in the price of bitcoins will undoubtedly affect the price of altcoins. Just be patient, it will be temporary, and it will be restored in a few days.
normally when bitcoin drops and altcoin drop too but since last few weeks there has been inclined to altcoins drop which worries some people but its ok it will go up soon
There are reasons for the rise and fall of the market. The high probability is caused by whales. The manipulation of the market by whales has caused bitcoin prices to drop sharply. People have been affected by market sentiment and sold a lot of coins in their hands, causing the market to fall. Will recover soon, let us maintain enough patience
There are many reasons for the price to rise or fall. Any false news will cause the price to fluctuate greatly. Of course, this is not entirely because of this news. Some whales may also affect the price of coins by operating them.
I believe this drop most probably is because more and more sites are banning crypto related things and this instill fear in big and small investors and some might be selling their coins on hand to cash out and stay clear of the crypto first and see how it goes. So you see drastic drops for bull market.
Bitcoin is the main pair to trade altcoins, when it falls the entire market.Now there is not enough money in the market, as well as people have become less interested in us after the fall of the market.
This year's encryption market, I do not know what the reason is, so that all the cryptocurrencies have continued to decline and continue until now. But I think this is only temporary, and the encryption market will pick up in the coming months.
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