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Author Topic: Altcoins ATH and recent lows in last crash/correction!  (Read 175 times)
drmasa (OP)
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August 28, 2018, 07:19:44 PM
Last edit: August 28, 2018, 08:33:35 PM by drmasa
Merited by Kimi80 (2), Beli BG (2)
 #1

We had turbulent 8 months, we saw bulls and bears. Some coins reached unbelievable highs but fact is that some of them were highly overpaid!
I started calculating highs and lows and calculated percentage of how much actualy were those diferences.

If someone told me that some of this coins worth less than 10% of their ATH I would probably told them to go to hell, but numbers don't lie!

How good that projects are, some of them were just too pumped and overpriced!
I didnt included BTC forks in calculations cos they are something else! BTC
If you have some other coins worth mentioning please post it here and do the calculation.
There is just too many coins but I will put some more of them here when I grab some time.
I think and hope that this numbers will stay highs and lows for some time now.

If I made mistake somewhere please correct me!

1. ETH jan 13 2018 ATH 1428$ recent low 257$ aug 14 - 18% value of ATH
2. XRP jan 04 2018 ATH 3.84$ recent low 0.26$ aug 14 - 6.77%
3. EOS apr 29 2018 ATH 22.89$ recent low 4.31$ aug 14 - 18.8%
4. XLM jan 04 2018 ATH 0.93$ recent low 0.18$ jul 12 - 19.35%
5. LTC dec 18 2017 ATH 375$ recent low 51$ aug 14 - 13.6%
6. ADA jan 04 2018 ATH 1.32$ recent low 0.087$ aug 14, 0.088$ aug 23 - 6.6%
7. MIOTA dec 18 2017 ATH 5.69$ recent low 0.41$ aug 14 - 7.21%
8. XMR jan 07 2018 ATH 495$ recent low 79$ aug 14 - 16%
9. TRX jan 05 2018 ATH 0.30$ recent low 0.016$ aug 14 - 5.33%
10. DASH dec 19 2018 ATH 1642$ recent low 134$ aug 14 - 8.16%
11. ETC dec 20 2018 ATH 48$ recent low 10.3$ aug 14 - 21.4%
12. NEO jan 15 2018 ATH 197$ recent low 14.3$ aug 14 - 7.26%
13. BNB jan 12 2018 ATH 25$ recent low 8.7$ aug 14 - 34.8%
14. XEM jan 04 2018 ATH 2$ recent low 0.095$ aug 22 - 4.75%
15. ZEC*jan 07 2018 ATH 947$ recent low 125$ aug 23 - 13.2%
16. OMG jan 08 2018 ATH 28$ recent low 3.3$ aug 14 - 11.8%
17. ZRX jan 13 2018 ATH 2.4$ recent low 0.58$ jun 29 - 24.17%
18. NANO jan 02 2018 ATH 37$ recent low 0.81 aug 14 - 2.2%
19. QTUM jan 07 2018 ATH 107$ recent low 3.7$ aug 14 - 3.46%
20. DCR jan 09 2018 ATH 127$ recent low 32.6 aug 14 - 25.67%
Cryptosuperb
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August 28, 2018, 08:27:39 PM
 #2

This is actually great summary! For someone those crashes were great loss, but for others they were good entry points! Its all about perspective. Who had some fiat or usd on that bloody 14. august, they made some nice gains.
reactorjuno
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August 31, 2018, 11:25:46 AM
 #3

Yes a great summary, and what really surprised me the most was two coins:

ETH
NEO


Ethereum because it has been on the market forever now, so to speak, and I was never expecting Ethereum to crash like it did since February now. You will laugh but in January I was planning to sell my ETH at a price of at least $3,000 at the end of the year, how wrong I was.

As for NEO, I never had this coin so I am less involved emotionally here, but I thought it would be one of those projects that would succeed in the long term, with strong investors supporting it. I could also talk about Monero, one of the best coins out there, sad to see it down, but well the whole market has been down, only Bitcoin has been doing okayish for now. Strange and unexpected year, but many lessons learned.
NewBet
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September 01, 2018, 08:28:54 PM
 #4

It really is amazing to watch how much the coins have fallen, I would not exactly call this a market correction, I would say it is more of the market going into a bear market which is a better description. And to think that in january we were all so hype about the prices of the coins and thinking that with time the coins will grow even bigger, how wrong we were!
drmasa (OP)
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September 10, 2018, 09:23:08 PM
 #5

I can't believe this new drop, i would never guessed that it will happen. I will have to correct all low prices, but I will wait few more days, just in case it continue to drop!
reactorjuno
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September 11, 2018, 04:01:40 AM
 #6

I can't believe this new drop, i would never guessed that it will happen. I will have to correct all low prices, but I will wait few more days, just in case it continue to drop!
To be honest it did not surprise me. I am talking about Bitcoin here but we know how the Altcoin market is massively dependent on Bitcoin.
Since April, all I see is up and down, up and down. To be fair Technical Analysis really has been predicting that for a while now.

Bitcoin will need to break $8,000 so that the whole market gets on a positive trend in my opinion.
coyote50
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September 11, 2018, 04:05:01 AM
 #7

yeah, some of the price do seem unbelievable. that's why when somebody tells you a certain coin/token won't go down to a certain price, you can be almost certain that it will go down to that price
inanilujimi
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September 11, 2018, 04:14:32 AM
 #8

What is clear is that people who buy alt coins in January and still keep hold now have lost a lot of their money.
well here's the crypto world, there is nothing that by anyone can predict.
vossybiglady
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September 11, 2018, 04:16:42 AM
 #9

I believe these coins will in fact reach all time highs again.  I own quite a few on your list as well as other coins which have been absolutely murdered.  At this point if you can spread your Bitcoins over multiple Alts you may have a chance for a nice return. 

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Herbert2020
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September 11, 2018, 06:03:45 AM
 #10

If you have some other coins worth mentioning please post it here and do the calculation.

you are just reporting random data which can be found on any exchange or sites such as coinmarketcap.com. and it is worth nothing as long as you don't "analyze" that data that you are posting here.

not to mention that comparing the current price to ATH (the percentages you are listing at the end of each line) is completely meaningless because the ATH being the peak of the bubble is a meaningless and fake number. so for instance being 18% of the ATH or being 5% of it doesn't make a difference.

Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip.
Whales are those who keep buying the dip.
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