why all coins are dropping? - page 67.

Celebrity

sr. member

Activity: 420

Merit: 250

Quote from: ace4549 on May 05, 2018, 05:00:07 AM

It is a normal scenario in cryptocurrency. Since all electronic currencies have a unstable price,
the demand of the public users will sictate what will the market value. The increase of demand is also the increase of price and the decrease of price is decrease of demand.

Altcoins are not dropping continuously. Sometimes bitcoins and ethereums are dropping and altcoins are rising up. There is no certain rule in this case. General crypto trend determines what's gonna happen.

AndrewBrown

newbie

Activity: 251

Merit: 0

The price of altcoins are dropping because the price of bitcoin is dropping this is because the price of all coins are tied to the price of bitcoin so when bitcoin start going up in price then so will the other coins start going up in price. This is the easiest explanation I can offer

ltthuong168

newbie

Activity: 22

Merit: 0

i think coins drop is because of no demand. People no longer interest into buying different of coins. They rather hold coins as bitcoin and Eth. So no demand, than price will drop.

Yagami nunnery

jr. member

Activity: 137

Merit: 1

KONIOS.com

I think this is a very normal phenomenon. The Bitcoin market is like this. Big ups and downs will attract more investors, and because of this feature of Bitcoin, many people will be interested in it.

khongthoat01

newbie

Activity: 19

Merit: 0

if you ask like that for now I also feel confused, but I see there are 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.

trantrangg999

newbie

Activity: 92

Merit: 0

there can be many reasons, but in any case, the fall is quite a normal situation in the market after strong growth. especially it is necessary to take into account that the crypto currency market is very young and such strong movements are quite normal. We should be careful when making deals.

fransbenotius

newbie

Activity: 139

Merit: 0

I think its because from bored market, and there are no good news to support the cryptocurrency get the high price. with good news and good vibe from us or the successfull from project that can give good impact to our world the price will increasing, but we can use this opportunity to make good investment to buy coins

azoralayla

newbie

Activity: 26

Merit: 0

Because an incident that happened like banning of icos in china. and china is one of the biggest contributor in the market so its have a significant effect for price in the market.

Ivandub

newbie

Activity: 510

Merit: 0

I think against the background of low prices for top coins, people are more willing to invest in it, so the capitalization of tokens is falling and, accordingly, the price goes down. Let's hope that the situation will change soon and the whole market will go up)))

longergou

member

Activity: 434

Merit: 10

If coins don't dropping, where do you go for profit? It is because the market has fallen and there is a rise that you can earn from the difference, so don’t lose interest because the market is dropping.

nanik nasal

newbie

Activity: 283

Merit: 0

all coins fall due to many factors such as (government ban on cryptocurrency, many investors are cashing their coins for big day celebrations, lack of investor understanding of crypto and price manipulation by the pope). because these factors make investors experience panic and sell coins in bulk for fear of falling prices. but if a good investor, now is the right time to buy coins and hold all the coins we have because after the market price falls then there will be an increase in market prices. we should always look for information about cryptocurrency and have to be patient to make a profit

ace4549

sr. member

Activity: 699

Merit: 438

It is a normal scenario in cryptocurrency. Since all electronic currencies have a unstable price,
the demand of the public users will sictate what will the market value. The increase of demand is also the increase of price and the decrease of price is decrease of demand.

wiliamfc001

newbie

Activity: 23

Merit: 0

There are rumors that China wants to ban the circulation of cybercrime in itself in the country, and therefore panic has gone, and many sell their coins by doing and destabilize the market.

namtwin

newbie

Activity: 22

Merit: 0

the option with stronger sag is possible, today we will allow: "The agency of financial services of Japan (FSA) has warned the leading cryptocurrency exchange Binance about need of obtaining the license for further work in the country. Media do the part, couple more not of joyful news and we will fall even below.

ZellaAnders

member

Activity: 218

Merit: 10

That drop was because of the regulations from government and hackers. Now the market is recovering and may as well reach a nice price in a matter of few months. It doesn`t mean that the drop won`t happen again though.

phamduc171a

newbie

Activity: 84

Merit: 0

There was also alot of news going around about countries putting a ban on crypto like China and South Korea that caused a pretty big dip, and recently i believe a foreign exchanged was hacked and there was a very significant amount of money stolen! But i think along this road there will always be bumps, if there's not bumps along the way then crypto would just be too good to be true!

Neurocrypt

full member

Activity: 378

Merit: 100

It's dropping due to loss of interest of most government trying to ban or regulate it. New people that are new to crypto are not buying anymore. They are not buying it because of the price and hard mining and scamming too. Also it hasn't changed at all since it was invented. Investors prefer coins that develop and become more advanced over the time. Many go for ICO the pump and dump things.

ayiaye

jr. member

Activity: 170

Merit: 1

we all know, bitcoin here like the parent of altcoin. where every bitcoin price drops, altcoin will also come down. as is happening now, bitcoin prices are falling, because there are negative news that hit it. and this is what makes all the coins fall. because basically, altcoin prices always follow the bitcoin price.
and now people are starting to panic with bitcoin prices that are always down, so many people are selling bitcoins.

petir.bay

member

Activity: 294

Merit: 21

All coins are dropping because of some country like Korea, China of banning crypocurrency bitcoin. Maybe in the future they will regulate the Bitcoin.

Miracleismyidol

member

Activity: 266

Merit: 10

This is the other reason for the dropping of the altcoin but I think now we see that altcoin still survive and many of them are increasing the price. although the price does not increase much higher, at least we can see that the altcoin is trying to rise again. This is the effect of Bitcoin price fall. Traders sees the chance to get more Bitcoins at a lower price and so they sell off their alts for Bitcoin. Buying increases the value while selling does the opposite

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