alt coin market is unstable in this time because BTC is going up. as i saw the 1st reason is upcoming segvit 2x. it is the main reason this situation. lot of people sell there alt coins for get the new Bit gold. panic sellers are also selling there alt coins because there market price keep looping down. so that is my opinion. thank you
You are kinda off topic here but since it still pertains to bitcoin I'll help you by explaining what I understand. Bitcoin price is going up because when China banned an ICO bitcoins value fell and many investors come in and by then they started holding their bitcoins. More and more holder and holding of bitcoins the more the price of bitcoin rose up, and when they panic sell then bitcoin will start to fell again and this repeatedly occurs like a cycle.
Where Chinese comes here. You simply being idiotic about your view. Hard fork brings this bump this time. Last time fork on August 1st, we see the bitcoin price as little sinks and increase after some days but the value rated this time touched the next peak value again.
If you own the bitcoin try to utilize that bitcoin as long term investment. Value doubles everytime bump.
