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Topic: Why did so many cryptocurrencies crash the last week? - page 2. (Read 584 times)

hero member
Activity: 1680
Merit: 505
The price of bitcoin decreases, which causes decreases in other currencies. All cryptocurrencies are related and depend on the price of bitcoin. As soon as the btc begins to make up for losses, all coins will turn green.
full member
Activity: 644
Merit: 100
Did you think  Cryptocurrencies are going through a healthy market correction after a historic bull trend or
Bitcoin is the market leader, it holds the majority of the entire crypto markets capital, (fluctuating between 40–60% usually). So when Bitcoin goes down, most coins go down with it??? Wink

investors get away from crypto.

everyone understand that nothing big will become from cryptos after that. and slowly quitting from market.
hero member
Activity: 1246
Merit: 502
The crash happen because crypto world going too high in december and it will stabilize and reach real value now. And bitcoin will probably going down firther. And when bitcoin and ethereum going down another crypto will also goes down. Bitcoin as a gold in digital world. Then when it is goes down all crypto asset also goes down and lose againts fiat.
sr. member
Activity: 602
Merit: 250
Did you think  Cryptocurrencies are going through a healthy market correction after a historic bull trend or
Bitcoin is the market leader, it holds the majority of the entire crypto markets capital, (fluctuating between 40–60% usually). So when Bitcoin goes down, most coins go down with it??? Wink
All alts are now dependent on bitcoin, on the one hand it's good that bitcoin can filter out unreliable coins in this way, on the other hand it's bad that no one can even catch up with it and become more valuable.
full member
Activity: 1554
Merit: 101
I think when btc down or up altcoin will still dump, but when the btc price is stable that's where altcoin will pump that's how the crypto world works Wink
sr. member
Activity: 714
Merit: 250
I think this correction is needed in crypto world. Dec/Jan prices were just too much pumped up & manipulated by whales.  Sure it can go much higher in the future but we are not quite there.
Well correction always happen that's one of also the reasons why market crashed. Price last year too much pumped and most says manipulation existing in the market also with other news that keeps the price down. A lot of factors actually why it was happen, but I believe price could recover.
full member
Activity: 448
Merit: 100
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As a result of recent scam projects, confidence in some crypto-currencies has declined and has entered the process of extinction. I think the most important feature of crypto-money, which earned even when the market showed a downward trend, is the trust in its projects.
Imy
jr. member
Activity: 31
Merit: 5
I think this correction is needed in crypto world. Dec/Jan prices were just too much pumped up & manipulated by whales.  Sure it can go much higher in the future but we are not quite there.
sr. member
Activity: 1020
Merit: 391
Compared to the date of the post with the current days without doubt the market is undergoing a healthy and natural correction and in the market overview no currency fails just need a one-time to mature and like all the above comments, all altcoins accompany the Bitcoin.
sr. member
Activity: 673
Merit: 253
Did you think  Cryptocurrencies are going through a healthy market correction after a historic bull trend or
Bitcoin is the market leader, it holds the majority of the entire crypto markets capital, (fluctuating between 40–60% usually). So when Bitcoin goes down, most coins go down with it??? Wink

The basic thing is: When bitcoin falling, altcoins falling too and the other way. This long and red time eliminate the weaknest coins, so for me it is the only good informations in this blood sea
full member
Activity: 213
Merit: 101
Fear of regulation, rumors of Ethereum ASICs ... And the general crypto downtrend. When the price of bitcoin goes down, people panic sell their alt as a getaway to FIAT. Dropping the price of BTC further and starting a global panic on the market. Lots of mainstream investor entered in November / December of 2017 and they are not ready for the crypto swings.
jr. member
Activity: 140
Merit: 3
Most exchanges use BTC as the intermediary currency. So BTC has influence on all Altcoins

Despite the problems of bitcoin, the idea of ​​a global decentralized currency looks very attractive. Now, the exchange has attracted thousands of speculators, and this harms the image of technology. Some market participants are sure - sooner or later the bubble will crash. Others predict that by 2020, one bitcoin will cost more than $ 30,000.
member
Activity: 350
Merit: 10
Crashing of some crypto coins are such a normal thing happened today. Some cryptocurrencies are just a failure and became a trash because of failure ICO and did not reach its target. Some also are did not worked out and no one invested on it and has a very cheap value or worst did not have a value at all.
sr. member
Activity: 672
Merit: 251
When Bitcoin pumps altcoins dump. Thats how cryptoworld works. With the recent Bitcoin pump the altcoins were likely going to drop in prices. Don't worry, just wait for Bitcoin to become stable and that's when altcoins will pump.
Well now BTC is falling down,  but alts are also in decrease!  There is no correlation,  crypto market is so crazy. I will better wait for a lower entry point,  something like 5000 for BTC and 400-500 for ETH is reasonable price
sr. member
Activity: 546
Merit: 250
Bear market with negative news all the way
https://www.coingecko.com/en
Won't surprise if the dump is manipulated for whales to grab cheap coins
full member
Activity: 303
Merit: 100
-SEC regulations
-Mt.Gox sell off
-Standard correction
-Ongoing Bitconnect trial
-Insert arbitrary reason here
full member
Activity: 448
Merit: 100
Sometimes natural correction, but most times they crash due to the regulations news, hack news like binance hack now. But interestingly every news turn into positive after a while  Smiley
member
Activity: 630
Merit: 11
NEW MEDICINE:Faster, Safer, Smarter
Lol everything depends on the movement of  big boss Bitcoin. And I strongly believe the Bitcoin futures have a role to play in the price manipulation too. So when big boss goes down all the altcoins follow and go down
sr. member
Activity: 882
Merit: 282
Japanese government trying to regulate exchange platform because of dubious activities and attack against benance that is affecting crypto currencies this week. We may have more fall in days to come as governments has seen this as a way to scare big investors. Bitcoin has a lot of potential and can be of a great help to other cryptocurrencies and we should not be discouraged when we see this type of attack.
full member
Activity: 479
Merit: 100
in this market. there is a rule. That is when bitcoin goes up altcoin will go down. bitcoin goes down then altcoin goes down too. this is normal
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