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Topic: Why are altcoins still dropping in price - page 3. (Read 2115 times)

newbie
Activity: 38
Merit: 0
August 08, 2018, 10:57:41 AM
They are falling because bitcoin is on correction but I think we will soon start growing ! But if it is fast, they can also sink again !
Bitcoin is going to have a higher price if there is people purchasing the coin. Just ride the trend.
newbie
Activity: 322
Merit: 0
August 08, 2018, 10:00:45 AM
They are falling because bitcoin is on correction but I think we will soon start growing ! But if it is fast, they can also sink again !
copper member
Activity: 70
Merit: 0
August 08, 2018, 08:35:44 AM
Prices for altcoins are falling along with bitcoine prices. The market is controlled by manipulators. Now they are punishing those hamsters who bought altcoins and bitcoins in December. 2018 will be a year of punishment for hamsters!
hero member
Activity: 752
Merit: 501
August 08, 2018, 08:02:47 AM
They are dropping in price because the market is in a bear. Then there is also the issue of all of the prices of the altcoins being dependent on the price of bitcoin so now that bitcoin is struggling in the market, you see that all of the altcoins are struggling in prices too.  That is how it works, until bitcoin starts doing better, we will not see any good prices in altcoins.
member
Activity: 574
Merit: 10
August 07, 2018, 06:26:17 PM
Basicly altcoins grow only when situation is stable, bitcoin has grown and people are waiting for powerful movement on altcoins.
But now altcoins are dropping down due to negative situation on exchange and around crypto
member
Activity: 111
Merit: 10
August 07, 2018, 06:24:10 PM
 Why are altcoins still dropping in price ? there one single answer for you question and that is bitcoin see if bitcoin is dropping the all other altcoins will drop with it because they all rely on it .
jr. member
Activity: 127
Merit: 3
August 07, 2018, 06:21:07 PM
Well, the altcoin is price is said to fluctuate along with the price of bitcoin and currently the later has been dropping a lot, with some rises in the price too, but overall there is drop, plus I think the fact that there are currently too many altcoins is affecting the price of each and every one of them.
sr. member
Activity: 1638
Merit: 425
Cashback 15%
August 07, 2018, 06:06:20 PM
Due to the market volatility, the market value of not only altcoins but most of the cryptos, are continuously falling from the beginning of this year. Therefore, holding should be prioritized by the investors as well as users in order to avoid huge profit loss. Selling is not advisable given that the market price of the alts are low at this moment. Wait for the increase and be patient for now.
newbie
Activity: 116
Merit: 0
August 07, 2018, 06:02:04 PM
Altcoins are now falling in price, because many of the investors are moving their money to Bitcoin. But this is likely temporary, since after the approval of the ETF, everyone will again invest in altcoins.
member
Activity: 439
Merit: 10
August 07, 2018, 05:47:36 PM
Coins are falling in price because the market is unstable and there are many young traders who feel not confident in the market and continue to sell their assets.
newbie
Activity: 126
Merit: 0
August 07, 2018, 05:01:23 PM
For coins like electroneum it is hard to know why they are going down, it may be that there is a volume dump happening that you have not noticed, maybe they failed in something they promised and people are losing confidence, or it is possible that it has nothing to do with BTC and the market is simply doing a self-correction, remember that not all currencies are linked to BTC or ETH, some simply follow their own rules.
newbie
Activity: 102
Merit: 0
August 07, 2018, 04:59:04 PM
Insert Quote
Because people don't recognize the value of ALTCOIN, I think this is the most important factor.
When the market is in a downward price , people tend to continue selling the hyped tokens rather than holding them.by next Month I guess the market price will start rising
member
Activity: 252
Merit: 44
August 02, 2018, 06:23:32 PM
I think that all because of the lack of a full picture of how many bitcoins in the market are shady and stock exchanges!
newbie
Activity: 105
Merit: 0
August 02, 2018, 04:38:25 AM
as I would like to think individual altcoin costs dropped on the grounds that a considerable measure of terrible news from bitcoin which makes bitcoin financial specialists so stressed and perplexed, consequently bitcoin speculators offer all the bitcoin it has and it likewise influences the cost of altcoin, which makes all altcoin costs down.
newbie
Activity: 168
Merit: 0
August 02, 2018, 04:30:49 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

all the coins in the crypto are indeed experiencing a price drop, many people say it is influenced by the news that vilify crypto. I either do not know it's true or not, but if the bitcoin price goes down it usually does have an effect on the price of another coin.
hero member
Activity: 2184
Merit: 585
You own the pen
August 01, 2018, 09:50:31 PM
The main reason for the Altcoins that they dropped their price so much it is because of the high competition in the market and not to mention the new project emerging that also has the potential to grow that's why project that has no fast development will not recover it's price soon because most of it's investors has migrated to another good project and never came back.
member
Activity: 434
Merit: 18
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
August 01, 2018, 09:16:20 PM
I think it depends on the demand. If bitcoin keeps on going up, it only means that the majority of the demand will be on bitcoin and the demand for the other coin will be low resulting to a low price. We should take that opportunity to increase our investment on alt coins. Taking advantage of the price while its cheap is a proven strategy to be successful on crypto.
member
Activity: 266
Merit: 10
August 01, 2018, 09:06:40 PM
Because people don't recognize the value of ALTCOIN, I think this is the most important factor.
When the market is in a downward trend, people tend to continue selling the hyped tokens rather than holding them.
hero member
Activity: 952
Merit: 500
August 01, 2018, 08:05:23 PM
I have two options for why the market for alternative crypto currency is in such a sad situation. The first option is the usual manipulation. And the second option is this, then the market is trying to get rid of scam projects and scammers.
newbie
Activity: 45
Merit: 0
August 01, 2018, 07:10:56 PM
perhaps altcoin costs take after bitcoin costs so if just bitcoin goes up Altcoin would likewise go up, possibly if Altcoin token Erc20 it's token cost will take after the cost of ethereum
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