Bitcoin Forum

why all red ?

look like all crpytocurrency is dying except for btc

Gonna take a stab and say this is why: https://bravenewcoin.com/news/bitcoin-gold-a-friendly-dividend-fork-or-bitcoins-disaster-recovery-plan/

The last fork that happened in July or August caused same problems for altcoin market. This seems like it is the standard when forks happen.

Toinks! LOL!  ;D ;D Is this your first time trading or monitoring the charts? Have you been out of cryptocurrencies lately? This is very normal as for me. Do not expect that the altcoins will always be happy days and profit-earning. There will be downs along the way. Price fluctuation is after all very normal in crypto. It does not mean dying. It means, it is much alive.

It's just a little bit of a correction. With the average volatility of altcoins this level of price movement is normal.

It's just a matter of course. The number of Altcoins that fell in price, indicating that there is good news and bad news. And this signifies we need to buy at this time.

The btc dominance rating is already more than 50% now. Ofcourse it's all about the upcoming BTC hardfork where aeverybody will get free bitcoin gold and/or some another hardfork coin.

it is a common thing to happen
when the BTC price goes up, altcoin will goes down. as many people sell altcoin with the intention to profit in bitcoin
So do not worry, if you still hold altcoin please do not panic selling, hold your coins till you got profits ;) because this is something normal in the crypto world ;D

Same thing as when BCH was coming out everyone sold their alts in order to horde btc. Just wait it out or start buying some more altcoins and it'll readjust after.

i am not too surprise if altcoin in the red zone because bitcon price is increase again but i think not all altcoin is in red zone, we can see that there is other coins that is increase too. just wait for a while, i am sure that altcoin will be back normal after bitcoin reach stable price position or make a new high price.

Exactly. Just after the hardfork alts should be pumped for sure.

Usually this is temporary only because price of BTC going up and altcoin that paired with BTC will dropped in price and the price of altcoin will return to normal again if the price of BTC decrease or stay normal. This case happen many times already.

Remember we are dealing with cryptocurrency. Its exciting but extremely volatile.

Its all about speculation at the moment. Bitcoin gold. Everyone is trying to convert their ALT coins into Bitcoin to get free Bitcoin gold.

A better strategy is to buy the ALT coins cheap.

This is very normal for a Altcoin market same with Btc it do moves very fast from greens to reds realquick. everybody is exited about Bitcoin gold. A hardfork is comming some are selling thier altcoins to get some bitcoin gold.

There will be hardfork at BTC so everybody trying to get free coins of BTG and maybe something else. I prefer to keep alts and buy more at new dips.

I think you are new in cryptocurrency you should get used to this,
But for real it wouldn't be always this way some traders take this as an opportunity to buy some alt-coin while the price is low.

Well explained! Everyone should learn that we don't control the movement of the market, it is not stable so we must not expect that it will always rise as we expected, but that is what we hope for to be everyday. But since price fluctuation is always congruent in digital cryptocurrencies, then it is a normal scenario that must be accepted every time it happens. It does not mean that we can conclude it as if it is a dying cryptocurrency, its just a scenario we must get use to upon entering crypto world.

Bitcoin fork will be at 25-10
Altcoin big move will be after fork
Don't worry
And Good luck

As per bitcoin went to a higher price the altcoins turn out to be red. And bitcoin is more important for you to invest as many countries accept it as a method of payment.  But the altcoins only can be exchanged with bitcoin.

welcome to the dumping season ;)

the altcoin market is like this. it has always been. there is a happy period when everyone thinks to themselves that they are trading gods because whatever they buy gives them profit. this is what we call "pumping season". we have the best one this year where all of the altcoins were pumped.
this leads to big bubbles all around the market for all the altcoins that were pumped.

then starts the next phase, the "dumping season" when all these bubbles pop. it happened a couple of months ago but most altcoins kept their value up and struggled to keep it up but you can't do it forever.
a simple news like bitcoin rising up, some crap about its fork and free money (airdrop) can hasten the process of alts dumping.

BTC is definitely not going away ever. Many others will fall away in five years.

This does tend to happen every now and then, it could have something to do with the upcoming fork where we will see bitcoin gold coming into play as there was a lot of 'free' money with the bitcoin cash fork so I expect people will be getting their bitcoin ready for the snapshot and hoping to make some cash.

I call it signals of altcoin market collapse because it is obvious that we just need bitcoin and few altcoins. If it is a crash caused by bitcoin fork , collapse is soon as well don't worry.

Looking to buy alts at their lowest point in the next 2 weeks and wait for the prevailing Bitcoin to stabilize. When Bitcoin becomes boring alts will pump again.

I think this is just a regular for an altcoins even bitcoin and etherium also red sometimes this is just a normal process for a crypto currency some people doing is buy more and stock then sell it if the price goes up

I think the red is because of the upcoming fork and reminds me what happened few months back. Also the red is caused by some panic sale executed by weak hands. To be honest it is good that the alt coins are red, atleast for me...I can go and do some shopping now. After fork, all these will be pumped for sure. However there are some coins which are truly holding it's value.

Let just wait and see the dip and rise.

Happy Trading fellas

Looks like from your question that you are new in cryptocurerncy trading. This is regular, the alts had reached an ath during july and are cooling off now because of bitcoin fork news. If you have already bought alts, hold them till q1 2018 atleast, if not then this is a good time to buy some.

Well that is the smartest thing to do, to hold all you coins and wait for its pump in value. To make a lot of profits to your investments and all your time effort.

One of these people's fault is that, they are selling their coin once they've actually received it. That's wrong because they will never have the chance to get their coin to a more profitable state.

The easy way to make money is to buy after a dip in market prices.

Next, wait for the price to start moving up and then dump every thing.

as Long all the Coins Go down. alt coins and Bitcoin.
they are still in Ratio .. the only bigdeal is
they just change the Exchange in USD.
The proportion of the  coins is Okay, if all of the coin is affected in price drop.
and they will go price up a soon as possible ..
it always happen.

it was said for the reason of btc fork,people turned to buy btc and abandon altcoin,it could simply explain the situation.

It is because of the rising of btc. GO and take profit at 5200 usd. And after that it might be the alternative coins turn in making itself grow after the growth of bitcoin. And with the growth of altcoins there could be the downfall of btc.

In my opinion, this is not surprising, if you are an experienced in the cryptocurrency market you will find it very normal. Altcoin is so, its value is constant fluctuations, there will be all the same decrease and also at the same increase. They may also be affected by the value of Bitcoin, but Bitcoin is slowly recovering.Bitcoin prepares the next hardfork, which may also be the reason they are falling, I think so. But do not be too anxious, maybe it will quickly recover and increase again :D

Its just like a matter of DEMAND and SUPPLY..id demand increase price will increase too.and so as if supply increases the price will decrease.but it does not mean that price will be stable.so just wait for right timing to release ur altcoins

At the moment, there are so many of them, its difficult to identify which one's a legit and which is illegitimate. sic.

People are rushing to buy bitcoin because of the recovering price and the upcoming fork(s) where they will get free coins and potentially earn a large %. In order to do this they dump their altcoins and the price goes down.

people keep on talking about the ELTCOIN, i guess gonna be a new in the market https://t.me/real_eLTC_community

This is regularly happening for last few years as Bitcoin price rising Altcoins going down very badly and as its hold in bitcoins its time for altcoins to become in action currently bitcoin is going to touch new highs and most of peoples looking for good profit from this just because of this they are going down but they will rise again currently time for buying some solid coins

The reason why altcoins are in red because Bitcoin price is rising steadily now, therefore altcoins are weaker compared to Bitcoin.

Traders tend to cash out altcoins to buy bitcoin for receiving Bitcoin gold during the forks.

Take it as a chance to buy altcoins at a discount. The altcoins will recover, just hold.

I am also thinking this. Bitcon price is growing up more and more.This is the main cause of all alt coin price is dumping now. But if it going still as usual, then alt coin price will also grow up.

Lets wait till the new bitcoin fork is done, actually things like this happens always

Nothing wrong is happening, maybe bitcoins increase much faster than other Coins but thats normal(bitcoin is the most famous crypto coin) . Dont worry and keep buying altcoins and btc too. If they start to go down probably they will go up more. I recommend to invest in both not everything in one coin. Good luck.

It happen that price is pump and dump so this means this is normal fluctuation in cryptocurrency.  And there is upcoming hard fork and we could know its value then.

most of the traders wanted to hold their precious btc for some free btc gold and as we knew alt coin will be affected because holders will sell
their alts hoping to have much bigger rewards from the btc gold fork, but for sure everything will be back to normal when btc reach its new ath
and rest for a while or make some corrections.

I'm holding both BTC and a bunch of altcoins.
There is so much conflicting information out there so I'm confused.

I understand the recovery of BTC after all the FUD and also about BTC Gold hardfork 10/25.
So far I expected altcoins to go down and decided to hold rather than do anything since I'm more or less a long term holder at least as defined in cryptoverse and don't want to risk trading in and out of BTC.
I don't care about BTC Gold.

My question is how about the segwit 2x in mid November? What do you guys expect to happen to alts then? We've never experienced two forks happening in such a short period of time
so if anyone has any opinions or speculations I appreciate it.

Cheers

Bitcoins are growing at a very fast pace to the truth, but why just get involved in some coin? Is not it better to risk and put everything on a single card?

 hold altcoin please do not panic selling, hold your coins till you got profits Wink because this is something normal in the crypto world

Bitcoin Gold doesn't have team Roger backing it. So I don't think it's going to hit quite as high as BCH off pure FA but on the other hand there will be more people involved holding this time around thinking that it will, so it does have potential.

Right message, but why no one's listening  ;D Stop this red october reaping of my depo  ;D

Unfortunately your petition about panic sell stopping has no sence. According to polls most people want to get bitcoin gold in opposite of buying more alts at dips...

The herd sold their alts so that they could buy bitcoin and take advantage of the gold fork. I would not advice anyone to sell alts now though!

I see  :-[ but I hope this free extra money from bitcoin gold will flow to alts after

Traders may sell their Bitcoin gold after the fork just like Bitcoin cash and put that money back into
cheap altcoins. Best to just hold and wait until it settles down.

This is completely normal. Cryptocurrency work exactly like Fiat currency, it goes up and down.

BTC is moving up which usually indicates ALTS will correct to their respective USD value in BTC but these oversold markets are due to the upcoming hardfork. People are hoarding BTC to get as much BITGOLD and B2x as possible. I would be lying if I didnt say I was doing the same.

I don't know. I would say that everyone is selling their alcoins in order to buy more BTC, and then get more bitgold out of the fork that will happen in 22 days from now. A lot of people made some very good money with the fork from b-cash, so maybe they are hoping they can do it again. I'm not sure this is the reason, but I don't see any news that could affect alts or ICOs, so for me this is the best possible reason for what is happening.

some sources say that it is all bittrex fault : http://thecryptosyndicate.com/opinion-bittrex-anomaly/

Apart from that I took part in Electroneum ICO, you can get the 20% bonus this week. who is with me?  :D https://my.electroneum.com (https://my.electroneum.com/join/3EE5DD)

  ;D

Seem people are dump their altcoin for upcoming bitcoin fork, altcoin will recover again

There is too much hype. It's correcting itself

It is very normal in times like this. There is a whole lot of dumping going which makes you to see the altcoin charts giving the slide pattern as people are opting for bitcoin pretty fast. Moreover, it even seems more interesting as the rate at which bitcoin is mooning is all indication that no one wants to miss the free coin BCC wants to offer. However, you just have to get use to it. Once the fork is over, this should correct itself.

it seems like each has different future. some is very shining and some is very dark.

pump and dumps and getting ready for the fork would be my guess.

people's confidence in altcoins has decreased. For example, I lost a lot of money because of the shift.
I think it is more reasonable to stay in bitcoin or ethererum these days

This was always like this. Bitcoin and ethereum became the stable assets for market shifts. And staying in there is much more logical nowadays. But we didn't know this before the shift occur.

common fact.
"growing got attention" so this is why all red because they are not growing and lose people attention. but I don't sale or convert my altcoins because i know one day they will rise up like bitcoin in last 8 months.

It is normal, but usually altcoin are down when bitcoin goes up. Another factor is the incoming calls fork. Many are accumulating bitcoin to get more free bitcoin gold.

No doubt about that as people will quickly want to buy back at dips and we will end up seeing the value of these coins shooting up pretty fast after the fork. Bitcoin on the other hand should have much push ups than we already have as so many will also be dumping their BCC for BTC.

Thinking of buying few alts anyway, once the dips are fully levelled as they huge comeback will be as good as having free coins as well for the altcoins.

During the past price pumping, along with bitcoin most altcoins grew higher. This time the price of bitcoin is growing high and only very few alts show signs of price increase. Maybe by the upcoming fork once again the same scenario as the past prevails.

I think a lot of coins will go to 1 sat again! Only the strong coins will make it!

I think until the end of October, people will stay in BTC, or eventually cash in FIAT, should BTC experience a major retracement.
Then, ALTs will gradually recover.
When BTC is down, ALTs are down, when BTC is up, everyone is buying it and ALTs are down. In my opinion, ALTs just need a period of low BTC volatility.

People are exchanging into BTC to get more Bitcoin Gold when fork takes place.

It is always necessary to take into account that the crypto currency has a very high volatility. Against the backdrop of the recent negative reports from China on the suspension of the ICO and the prohibition of crypto-exchange exchanges trading in Crypto currency, the rate of all digital currencies fell sharply. Now the crypto-currency market has practically stabilized, bitcoin is already trading at $ 4,800, and therefore soon you should expect a good growth in the price of other altcoys.

This is happening always in the market the red blood days. Altcoins low price when the btc price rises high, maybe one of the reason is the upcoming hard fork and yes possible for the preparation some to have bitcoin gold. Well lets observe the altcoins price it will recover eventually.

Bitcoin is the only one Blue Chip on the Crypto Market and this is how the market works, despite a lot of math there is almost no rationale on price movements beside the already told BTC forks.

Bitcoin fork is coming on 25th of October, thats why all altcoins are going red and everyone are investing in bitcoin at the moment. Just wait until november and everything would be fine.

Seems I need to get some more bitcoin.  ;D

It is common fact that people take interest in growing products. BTC is popular now seeks everyone their attention, altcoin holders convert their tokens into Bitcoins and that is why other altcoin now red. Don’t worry it is always like this, every altcoin will be back up after btc falls a bit down. So my advice is to hold your coins and do not get fooled by this crazy market.

Looking at it, would simply fall down to one. The hardfork for bitcoin is coming. Come oct 25th the.notion that all who has btc will have free money then everyone is selling their altcoins and buying btc. This is not nee. This has happened before in the previous fork.

Well its not that complicated you see, based on my observation if the demand and price of the altcoins increase then the bitcoin will definitely drop. But when the demand and the price the altcoins decrease then the bitcoin will definitely increase its value.

I try to invest in a certain project if it has the right amount of features that has the people wanting to get more usage of the coin. For instance, Ethereum is one of the coins that feature a smart contract.

We keefp getting important news. Like we got from Russia yesterday. It is normal for markets to get affected from big news. Especially there are lots of crypto users in Russia and China so they have a big affect on markets when they do something.

Finding the right time to invest in Bitcoin is one of the things that most traders on here have an issue with. I suggest that you make your purchase ASAP.

i think is telling you that is a time for investment . . .  i feel it coming :)

High bitcoin dominance index before the hard fork says about pouring money by most of market from alts to BTC in order of getting free money.

I think the altcoin market will not be so crazy as shown a few months ago, so maybe you should sell them if the price is 2 to 3 times of the ico price.

I'm definitely worried on WAVES, i have 15 waves and waiting for the trading to have a higher price but the price keeps dropping, should i wait more or should i dump it. This is really frustrating, Anyway i should be strong emotionally and capable on this kind of drops. I think i might wait until next year to watch what will happen to waves.

we cannot called it was dying and after being red sometimes it will back to green again so nothing to worried especially for major altcoin such as WAVES, ETH or LTC and as you see it was happened today almost all of altcoin was green again but i'm worried for Doge because while other altcoin has been raising up today but this coin seems stuck even yesterday dropped at 20 satoshi below

This is normal especially when the price of BTC rises, then altcoin is definitely down, some altcoin will return to normal if the price of BTC down again stay normal. In addition, the hardfork issue on 25 October also caused many investors to sell altcoin and buy BTC to get free money from chain split of Bitcoin called Bitcoin Gold.

The majority of people strive for profit, so they are not so interested in supporting altcoins. they would rather buy btc instead

You're right, that fork that might happen is going to cause a bunch of the altcoins to have different dramatic price changes.

All right, just most people bought bitcoin before the hard fork in order to get more bitcoin gold. After a hard fork again, altcoins will begin to grow and bitcoin will start to fall.

not all actually, take a look at Monacoin. It is pumping now it already $1 !