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Topic: Why are all cryptos dropping in price? - page 2. (Read 395 times)

jr. member
Activity: 145
Merit: 3
February 08, 2018, 12:07:09 AM
#35
because too many digital currencies make the currency show the final negative points.
but if the user is panicked I am sure the exchange rate will get worse
newbie
Activity: 112
Merit: 0
February 07, 2018, 10:08:36 PM
#34
If everything is dropping, it's typically normal market movement. They tend to rebound in unison after a while, too. It looks like Bitcoin has hit a record low, but you honestly shouldn't worry about it. Things like this happen all the time. It may seem daunting if you're new to crypto, but at some point you'll just learn to dismiss it. The sooner you can do that, the better.

Meanwhile, here's an article that tries to explain why the market isn't doing too well right now:

https://finance.yahoo.com/news/apos-why-bitcoin-ethereum-ripple-202800064.html

Emphasis on tries, because no one really knows for sure why the market moves the way it does. If it truly is caused by the Bitfinex issue, then we may be stuck in a rut for a while. This whole issue about Tethers was just a disaster waiting to happen from the start.

Thank you for your detailed response. I appreciate it..
Great info. Tnx dude.
newbie
Activity: 3
Merit: 0
February 07, 2018, 03:41:51 PM
#33
 It will rise and fall.. but rise again! no need to start panicking, just hold on to your cryptos and buy more at a good price Wink when there's an increase in Bitcoin, it also provides green figures for the rest of the market.
member
Activity: 283
Merit: 23
TEU - bitcoin for shipping ICO: 15/Mar - 12/Apr
February 07, 2018, 03:29:37 PM
#32
Altcoins do not really drop much in BTC and Eth prices. It's just that CMC shows prices in USD. 0.01 Eth is worth $12 when Eth is $1200 But when Eth drops to $900 that 0.01 goes down to only $9. So altcoins being traded via Ethereum goes down in USD prices as well even though their Eth price didn't move down.
newbie
Activity: 49
Merit: 0
February 07, 2018, 03:01:07 PM
#31
Yeah, you should know the 'insides' to predict the exchange rate
jr. member
Activity: 106
Merit: 1
Eagle Project - Blockchain 3.0
February 07, 2018, 02:59:40 PM
#30
Mнe пoчeмy-тo кaжeтcя, чтo нoвocти нe тaк cильнo влияют нa кypc, кaк кpyпныe игpoки c иx зaкyпкaми и cбpocaми. Дyмaю, имeннo oни зaдaют тoн.
newbie
Activity: 17
Merit: 0
February 07, 2018, 01:01:46 PM
#29
Pынoк дaвят южнaя Кopeя, Китaй и Индия. Cвoими зaпpeтaми, peгyлиpoвкaми и вcякими пaлкaми в кoлeca. плoxиe нoвocти. Этo и вызывaeт пaникy y людeй. Из чeгo и cлeдyeт пpoдaжa вaлют (вaлoвaя) Shocked
newbie
Activity: 3
Merit: 0
February 07, 2018, 12:12:11 PM
#28
There is so many factors which impact crypto currencies! Just recalling recent happenings, the dropping stock exchange markets for sure had a negative impact on btc and other currencies. Then there is the SEC which is trying to find an approach how to safeguard investors. Chineses government who is setting strict rules and even prohibiting any token sales.
member
Activity: 238
Merit: 12
February 07, 2018, 11:46:13 AM
#27
Mostly to due with FUD and  many new investors getting overwhelmed with the volicity of the crypto market imo
member
Activity: 182
Merit: 10
0xf3CD8FB103B8155bAAF736299aAB37d72c2A8602
February 07, 2018, 11:23:16 AM
#26
Why are all cryptos dropping in price? Cry Sad

вce ж зaвиcит к coжaлeнию oт биткoинa,биткoинa вниз и вce вниз,биткoин ввepx и вce ввepx))
newbie
Activity: 8
Merit: 3
February 06, 2018, 01:49:17 PM
#25
because similar to other emerging markets, the crypto market is small, unstable, irrational and filled with unsophisticated players with little or no information to guide their decision making - which magnifies the herd effect leading to immense fluctuations in price.
newbie
Activity: 27
Merit: 0
February 06, 2018, 01:31:10 PM
#24
Its probably a combination of factors. A bank in UK has hit headlines recently stopping users from buying bitcoin. Hopefully it will bounce back before too long.
jr. member
Activity: 309
Merit: 5
February 06, 2018, 01:21:20 PM
#23
Because most of the exchanges are using BTC to buy altcoins thus when BTC falls the sat wise value of coin per USD/fiat will drop and when BTC goes up sat value also goes up, it also affects other trading pairs if the volume of BTC pair is higher (AKA arbitrage trading) the pair will lower value will be bought more and will be sold to the pair with higher value until in balance out.
member
Activity: 182
Merit: 10
0xf3CD8FB103B8155bAAF736299aAB37d72c2A8602
February 06, 2018, 11:34:23 AM
#22
Why are all cryptos dropping in price? Cry Sad

вce ж зaвиcит к coжaлeнию oт биткa,битoк вниз и вce вниз,битoк ввepx и вce ввepx))
newbie
Activity: 45
Merit: 0
February 04, 2018, 05:18:12 AM
#21
After I read an article and watch Channel about bitcoin turns bitcoin price down included the existence of prohibition for the floating for example in China And Facebook will also ban advertising in Facebook itself. But not yet known whether Facebook will actually prohibit advertising about bitcoin and similar Dan Facebook juga akan melarang adanya periklanan di dalam Facebook itu sendiri. But not yet known whether Facebook will really prohibit ads about bitcoin and similar coins
full member
Activity: 392
Merit: 100
February 04, 2018, 03:04:51 AM
#20
Bitcoin price do affects many ALTCOINS as most will quickly be converting to btc and sell to avoid more loss when bitcoin is in bearish mode..
jr. member
Activity: 420
Merit: 1
February 03, 2018, 10:17:20 PM
#19
Никакие новости а также неопытные инвесторы не смогут повлиять на движение рынка. Повлиять сможет только неведомая нам(участникам данного форума) "сила".
Vod
legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
February 03, 2018, 05:17:30 PM
#18
It looks like Bitcoin has hit a record low, but you honestly shouldn't worry about it.

Record low?  I sold 35 bitcoins for $10 a piece a few years ago.  $10 is certainly lower than the price it is at now.

No such thing as a "record low" right now, unless you are speaking over a time period.
jr. member
Activity: 166
Merit: 4
February 03, 2018, 05:14:30 PM
#17
To me its normal because even dollar euro and all the rest drop in price so if bitcoin drop in price it is movement of the market value when thier is too much panic in market bitcoin drops.
sr. member
Activity: 1554
Merit: 260
February 02, 2018, 11:00:20 AM
#16
Why are all cryptos dropping in price? Cry Sad

This is called herd instinct:

https://en.wikipedia.org/wiki/Herd_behavior

New, inexperienced investors panic and sell everything without thinking.

What experienced investors do? They're preparing fiat for shopping!   Wink Cool Grin
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