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Author Topic: All altcoins dumping at the moment.  (Read 2571 times)
Hahnatise
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October 30, 2017, 01:11:32 PM
 #61

I could not understand what is happening, from price correction to this mighty price dump.  Bitcoin bellow $3500, ethereum $235, litecoin now $48 and ripple fall below $0.19. I think Chinese government and traders are really dealing with altcoins and bitcoin hard now. 
This China News is the main reason why most coins are dumping as of now.Its not actually a price correction but it was really dumping because of banning and closing exchanges together with some fuds. Price would really mainly affected on this one.Hopefully it would recover soon or even on this year.This is why we should really not panic sell and can somehow sustained the dump.
If one is looking for at btc as an investment then yes, totally, it's wise to wait till btc becomes great without China. Yet, as it is likely to take some time, for those who count on btc on regular basis it is better to cash out right now. As for alts, I expect them to recover sooner, for lots of them are actually not Chinese and are used not by Chinese. Thus, I think alts are now really good as a short-term investment option.
I hold dash. It gobto the moon

It is quite possible that Dash will go to the moon. The development team is very strong.
efeservan
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October 30, 2017, 01:23:49 PM
 #62

I wonder about GAS/BTC 's dumping yesterday. It dumped to 0.00200 for a short time. I hope it will happen again. Wanna buy some  Roll Eyes
puremage111
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October 30, 2017, 03:06:39 PM
 #63

September post

Yet it happen still in October because of the Bitcoin Raise Tongue

The previous Dump was due to major market crash but now is due to everyone wanted to get Bitcoin Segwit 2x coin i guess
witch
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October 30, 2017, 04:10:27 PM
 #64

I think that we are not yet in disbelief market cycle. Dumping will go on until some days before the November fork.

Right before the fork alts will come back and be stronger as in the beginning of this year imho. I will start buying alts again one week before the fork.
prabakharras
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October 30, 2017, 04:11:32 PM
 #65

Nov fork date will be a key event!

okala
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October 30, 2017, 04:42:54 PM
 #66

Bitcoin  market has since recovered except ethereum and others altcoins that is suffering from that attack. There was a FUD created by Chinese government and comments by Jamie Dimon then that is affecting the market and we need to actually come out of this in other to progress.
PolinaVodovatova
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October 30, 2017, 05:07:45 PM
 #67

it's time to buy it)
coinsontheroad
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October 30, 2017, 05:29:44 PM
 #68

It looks like NEO is making a turnaround. Things are looking good on both the 4 and 1 hour charts!

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October 30, 2017, 05:31:39 PM
 #69

time to buy now as many as you can, go for XRP also long term, now it's cheap
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October 30, 2017, 05:31:50 PM
 #70

I wonder about GAS/BTC 's dumping yesterday. It dumped to 0.00200 for a short time. I hope it will happen again. Wanna buy some  Roll Eyes
And you will be able to, trend of the market today is positive so prepare your money and pick a good time.

bitgov
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October 30, 2017, 06:13:40 PM
 #71

I think that we are not yet in disbelief market cycle. Dumping will go on until some days before the November fork.

Right before the fork alts will come back and be stronger as in the beginning of this year imho. I will start buying alts again one week before the fork.
Also not all coins are obliged to return to their price which was before the down, also have to hit the strongest to earn.

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ahtremblay
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October 30, 2017, 06:37:36 PM
 #72

Some altcoins have recovered today. This is the good time to buy them. I think we can choose Mona, Zen, WTC, Dash,...

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