Woodford (OP)
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Activity: 15
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October 31, 2016, 01:46:21 AM |
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Why are all the altcoins suddenly up today when they were all down the last three days? Who or what is controlling the altcoin market prices?
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PatrickMacH
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October 31, 2016, 02:00:25 AM |
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Why are all the altcoins suddenly up today when they were all down the last three days? Who or what is controlling the altcoin market prices?
Altcoins are the edge of technology.  If you have new ideas and/or if you think money, trade and technology could (and should) be better tomorrow you are welcome to setup your own alt[ernative] coin project. But like with many other inventions only a tiny amount really hits a significant market demand. Cryptocurrency exchanges and trades are still highly unregulated. That's why trading Altcoins is subject to a high risk level. |
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JeffBrad12
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October 31, 2016, 02:56:35 AM |
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Why are all the altcoins suddenly up today when they were all down the last three days? Who or what is controlling the altcoin market prices?
there is no someone or organization are controlling the alt coins market, it's just naturally from their potential, it's just caused the alt are against the bitcoin's power, you can making any researching about this, sometimes if bitcoin get their power totally can breaking the price of altcoin and totally if the moment are passed and otherwise, alt have a spirit for breaking the [proce of bitcoin. |
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jacaf01
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October 31, 2016, 05:38:27 AM |
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It depends on what you are looking at, the price of Altcoin is in both BTC and $ so when BTC rises the price drops against BTC but and when the price of BTC becomes stable Altcoin market adjust to the new price of BTC, I think that is what is going on now
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freshman777
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October 31, 2016, 05:59:09 AM |
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Because reasons.
Ever seen a yo yo? Yo yo is what Bitcoin and alts do all the time.
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ARDOR - Blockchain as a Service. Three birds with one stone. /// Do not hold NXT at exchanges, NXT wallets: core+lite, mobile Android
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ratatatat
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October 31, 2016, 06:59:19 AM |
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Why are all the altcoins suddenly up today when they were all down the last three days? Who or what is controlling the altcoin market prices?
If you drop something from great hight it will bounce. Things don't move in a straight line. |
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ImHash
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October 31, 2016, 07:07:03 AM |
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Some days bitcoin pumps and other days alt coins it's a cycle and people making money out of the thin air.
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iamnotback
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October 31, 2016, 07:13:28 AM |
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Why are all the altcoins suddenly up today when they were all down the last three days? Who or what is controlling the altcoin market prices?
My thoughts: BTC is likely only a pause as some are taking profits out at $700+ to altcoins. After that is complete, it should resume move up and they will come racing back in dumping altcoins even more feverishly for BTC.
In short, I believe you should be taking profits on this altcoin deadcat bounce. |
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ethereumhunter
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October 31, 2016, 07:23:09 AM |
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i think its because the price of bitcoin is goind down after the increase price yesterday and this time for altcoin to getting increase and although there is just small movement from the altcoin, i think its a good for us because we can see that many altcoin is getting survive while bitcoin is increase.
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digaran
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October 31, 2016, 07:27:05 AM |
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I don't see any special rise unless bitcoin going down then alts will start to rise but I only see doge coin to react to bitcoin price.
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aletheia
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October 31, 2016, 07:29:30 AM |
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There is must be a reason behind the up of altcoin, but that because of the stabilization of price that has go down in last week.
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Spoetnik
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FUD Philanthropist™
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October 31, 2016, 07:46:22 AM |
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Manipulation.. and the DDOS here was probably part of the plan too !
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FUD first & ask questions later™ |
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Mokuton
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October 31, 2016, 03:39:03 PM |
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To turn into more BTC! And BTC will then pump again!
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Ayers
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Seabet.io | Crypto-Casino
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October 31, 2016, 03:48:58 PM |
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It depends on what you are looking at, the price of Altcoin is in both BTC and $ so when BTC rises the price drops against BTC but and when the price of BTC becomes stable Altcoin market adjust to the new price of BTC, I think that is what is going on now
i think he mean the price against bitcoin, so the price in satoshi is up, but i cna't see this, if we talk about the price in pure dollars, than it's higher only because it's higher, the price for any other alt is lower, because money moved to zcash for now, but it will not last there i think |
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btcxyzzz
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Monero - secure, private and untraceable currency.
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October 31, 2016, 07:57:25 PM |
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Why are all the altcoins suddenly up today when they were all down the last three days? Who or what is controlling the altcoin market prices?
They're up because the ZCash hype is over. Shit coin by NWO is not going to be adopted. |
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tunctioncloud
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October 31, 2016, 08:09:00 PM |
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If it goes down so hard everyone says that it is a good plan to buy them and then the price goes back. As simple as this...
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