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Author Topic: Why alts are going down?  (Read 195 times)
Jansaa
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February 19, 2018, 01:11:01 AM
 #21

All altcoin and token go down in last times! I don't known but nothing only grown up! This year! All coin and token will grown up!
rommelzkie
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February 19, 2018, 01:17:35 AM
 #22

I dont got this game..
when bitcoin is rising the alts are going down
when btc is going down the alts still going down
what the fuck??
This make no sense
alts need to follow bitcoin when he is rising too  Angry


Sir there is no correlation  between altcoin and bitcoin. you cannot compare them 100% most of the time. If the bitcoin is UP chances are some altcoin is up also but many alts will also go down. and there are times that bitcoin is going  down but altcoin is on bullish and in upward momentum.


SGToken
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February 19, 2018, 01:22:10 AM
 #23

It's just another round of correction to shake off the weak tokens. Don't worry if you are holding something you believe in long term.
wilberthh
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February 19, 2018, 01:22:15 AM
 #24

I dont got this game..
when bitcoin is rising the alts are going down

Bitcoin is like the father of all the coins out there. So if it falls, the others will too.

I dont got this game..
This make no sense

Nothing actually makes sense anymore right now lol.
Just get over it and enjoy the ride!

I dont got this game..
alts need to follow bitcoin when he is rising too  Angry

When bitcoin is rising, most of the time the altcoins will rise too.  Maybe some will still dropping, but most of the altcoins will rise if bitcoin rises too.
You might be referring the "dropping altcoin" to few of it only. Probably ranked 200-500 altcoins.


Ryan Tirta Permana
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February 19, 2018, 01:36:55 AM
 #25

I dont got this game..
when bitcoin is rising the alts are going down
when btc is going down the alts still going down
what the fuck??
This make no sense
alts need to follow bitcoin when he is rising too  Angry

It's purely of demand, maybe when bitcoin drops demand all markets on altcoin also go down, i think it's a good signal to buy or sell altcoin. You need to learn to take that chance and think more positively.

kiw_91
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February 19, 2018, 01:41:17 AM
 #26

To the above, the simplest answer to the question is, “because Bitcoin is king/queen, and the other coins are at best following it.

It is hard to come up with a fundamental algo with which to price coins, so coin prices just follow Bitcoin as a sort of gold standard (“the Bitcoin Standard”).

It is the number one coin, and thus it is the coin that decides the market price in general.

If there is another standard way of changing alts to other currencies example to FIAT. it would much less affected to the price of BTC.
Procopiogamscrypto
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February 19, 2018, 01:57:30 AM
 #27

I dont got this game..
when bitcoin is rising the alts are going down
when btc is going down the alts still going down
what the fuck??
This make no sense
alts need to follow bitcoin when he is rising too  Angry

There many factors to consider why altcoins is goin down but the massive selloff due to FUD who 's aim to mislead information that panic crypto holders and also the whales trying to control supply and demand of crypto
Simple_Plan
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February 19, 2018, 02:15:15 AM
 #28

I dont got this game..
when bitcoin is rising the alts are going down
when btc is going down the alts still going down
what the fuck??
This make no sense
alts need to follow bitcoin when he is rising too  Angry

During the previous few days, bitcoin rises but in a low range. It needs to break 12k to move forward.
Hold your alts and don't be panic.
When bitcoin rises, alts rises in follow. That's when you sell your alts.

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lero34
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February 23, 2018, 03:13:13 PM
 #29

This is called noise. This always happens on the market, something that can not always grow up. There will be falls but there will also be growth. The main thing is that these indicators are not equal.
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