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Topic: Why are altcoins still dropping in price - page 13. (Read 2121 times)

member
Activity: 174
Merit: 10
February 08, 2018, 01:50:54 AM
guys, any predictions when everything will go up?  Undecided
jr. member
Activity: 154
Merit: 2
February 08, 2018, 01:22:36 AM
Altcoins  increased huge in the last month. So that when price up They definitely need a correction .On the other hands so many panic sale also happened. I hope everything will be back asap.
full member
Activity: 560
Merit: 102
BBOD - The Best Crypto Derivatives Exchange
February 08, 2018, 01:18:49 AM
most of altcoins on the market have a connection with bitcoin, because their value is based on Bitcoin trading and have a propotion to compare with bitcoin, whenever bitcoin fluctuate, the price of bitcoin can bring the entire market down because of most investors prefer to use bitcoin than altcoins, that is why the amount of bitcoin investors can control the market price too much that effect altcoins fluctuation.
full member
Activity: 182
Merit: 100
February 08, 2018, 01:16:34 AM
I think the current state of the crypto coins market is good for the community. Continuous increment in the value of coins without any convincing reason for such growth is scaring for outsiders who would consider entering inyo the space. Stabilization of price movement is desirable in the cryptospace to build confidence.

But last week drop of cryptocurrency value not build confidence to exist user and also newbie who want to join in the party.
Correction is really needed in the market but not like such correction. Its too deep.
full member
Activity: 386
Merit: 100
February 08, 2018, 12:46:45 AM
Altcoins are still dropping in price because they are not independent coins, they are completely dependent on the bitcoin course.
Probably because of the decrease in the price of bitcoin at the same time also decreasing the value of altcoins.
In the crypto world are still dropping, but don't be panic on this situation the price of crypto currencies will rise again.
full member
Activity: 266
Merit: 100
February 08, 2018, 12:36:37 AM
Btc hasnt dropped very much more and it seems like some alts like linda, verge, and electroneum are still dropping how long will it yake for them to rise back up
Bitcoin also experiences the same thing as altcoin, FUD is everywhere and this is why altcoin prices are still down. I think it took a few months for altcoin prices to return to normal. We can take advantage of this opportunity to buy potentially altcoin.
full member
Activity: 224
Merit: 121
February 07, 2018, 11:57:49 PM
Its because of the price value of bitcoin .And we cannot predict the price everyday, we all know that price is always flactuating depending on the demand and the supply of the investors who are coming in our market.All of us affects especially that altcoin who always depends on the prie value of btc.
jr. member
Activity: 126
Merit: 5
Professional Translator (Malaysian Language)
February 07, 2018, 11:56:08 PM
Cryptos will skyrocket in 2018:

>200tn USD is parked in asset classes which are massively overvalued and are about the implode (stocks, bonds etc)
<0.4tn USD is invested in cryptos, of which some are massively undervalued due to yet to be widely acknowledged world changing potential

Large money flows will move into the crypto space soon. Limited coin supply results in skyrocketing coin prices.

I agree 100%, even the City of Berkeley, California, USA wants in on the cryptomania.  Check out today's headline, "The city of Berkeley wants in on the cryptocurrency mania", google and read more...
member
Activity: 308
Merit: 10
February 07, 2018, 09:36:53 PM
Btc hasnt dropped very much more and it seems like some alts like linda, verge, and electroneum are still dropping how long will it yake for them to rise back up

Always remember that the market's flow will be always based on the demand and supply of every people in the world that is connected to cryptocurrency can affect the market's growth like traders, miners, investors. Try to read different articles and speculations for you to determine when is the right time to invest or sell your coins.
member
Activity: 322
Merit: 10
February 07, 2018, 09:33:26 PM
Btc hasnt dropped very much more and it seems like some alts like linda, verge, and electroneum are still dropping how long will it yake for them to rise back up

Try to look at the value of cryptocurreny today in the market, it was very noticeable that bitcoins drops from $13k dollar to 7k and since all altcoins value are based to bitcoins then the values are all being affected of decreasing.
legendary
Activity: 2576
Merit: 1860
February 07, 2018, 09:31:54 PM
Btc hasnt dropped very much more and it seems like some alts like linda, verge, and electroneum are still dropping how long will it yake for them to rise back up

Most often, what we saw in the charts in the past several days already was either pure red or pure green but obviously the green was very temporary and the red was dominating for the most time. The prices have been dipping low. Bitcoin, Ethereum, Strat, Ripple, and almost all of the cryptos were dumping. But yesterday we have seen good growth to almost all cryptos. The charts right now are kind of weird. I think there is a 50:50 in what I have seen when I last checked. 50% are pumping while the other half is apparently dumping. This also puzzles me.
newbie
Activity: 196
Merit: 0
February 07, 2018, 09:25:05 PM
the price of altcoins is not dropping anymore in the current time.
let us just wait and hold our coin.
the future still have an unfold predictions.
member
Activity: 210
Merit: 10
February 07, 2018, 09:10:50 PM
For my information why bitcoin dropped the price because they have many fake news that spread. So that the big investors and buying more bitcoin because it is dump and after that the bitcoin will rise because of the investors..The demand is very much and the price will rise so if the bitcoin will dump the altcoins will also dump.

I dont know why bitcoin and altcoin mostly have the same chart pattern? Bitcoin and altcoin have different supply and demand but i still have question why altcoin follow bitcoin? I know bitcoin is the main coin and the king of coin but i need other reason why? Maybe other can answer.
member
Activity: 179
Merit: 11
February 07, 2018, 08:10:22 PM
Altcoins are still dropping in price because they are not independent coins, they are completely dependent on the bitcoin course.
member
Activity: 168
Merit: 10
February 07, 2018, 07:59:41 PM
The only reason why those altcoins is not pumping because bitcoin is also not pumping, look, when bitcoin price gets a pump those altcoins will also pump, when bitcoin dumps, altcoins dump.
member
Activity: 280
Merit: 10
February 07, 2018, 07:45:37 PM
For my information why bitcoin dropped the price because they have many fake news that spread. So that the big investors and buying more bitcoin because it is dump and after that the bitcoin will rise because of the investors..The demand is very much and the price will rise so if the bitcoin will dump the altcoins will also dump.

Well, i think you are right that bitcoin and altcoi are dumping because the news spread out there.
There are some fake news too bit the market respond that fake news like the real news. Why? Because of panic of holder with that news.
jr. member
Activity: 196
Merit: 6
https://cryptotvplus.com
February 07, 2018, 07:43:35 PM
Altcoins dropped greatly due to several factors but it's nice to know it's growing back.. Ethereum fell to an incredible low if 500usd. Until the market gets to 500bn USD, it hasnt fully recovered..
sr. member
Activity: 630
Merit: 250
February 07, 2018, 07:18:02 PM
To me, the big money coming out of the crypto market will eventually go back to the crypto market but it will take some time.  You will have to be very patient to reach the old prices and to exceed those prices. I have my time and patience  Grin
full member
Activity: 854
Merit: 101
February 07, 2018, 07:13:46 PM
bitcoin price drop due to FUD and some people who wants make bitcoin fall and bag more. About ETN and XVG, the hype was done and people already earn from it, now that the hype is already finished they have less audience and expect more price to drop.
full member
Activity: 392
Merit: 101
February 07, 2018, 07:13:34 PM
All others altcoins are obvisouly connected to the major altcoin market cap ( BTC ) so if the btc drop the price almost all others altcoins will drop the price on average 10-20% of their value its a normal phase of the crypto market that is connected both BTC and ETH to others sub cryptos

Those last few weeks we saw an downtrend of the btc and the consequent price drops of all others altcoin, i know that this will change in this end of the month- early next one to see a really huge uptrends of all markets
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