BMG86
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July 16, 2017, 08:30:05 PM |
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I think it is because of the holders who are panicking right now because of the August 1 event, And maybe it is also the weak hands shaking out their coin and thinking that the price drop would continue.
This. Altcoin have been in a bubble and throwing segwit upgrade into the mix only make matters worse. This is only the beginning, I wouldn't be surprised to see bitcoin fall back to 1k until it begins to regain traction. Expect ether to fall below 100.
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EVILTOFU
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Activity: 66
Merit: 10
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July 16, 2017, 08:33:48 PM |
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it was just the time.
nothing goes up forever.
All the talk of a bubble....you havent seen anything yet.
gr E
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BMG86
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July 17, 2017, 12:23:18 AM |
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it was just the time.
nothing goes up forever.
All the talk of a bubble....you havent seen anything yet.
gr E
Agreed. This is only the beginning of it. Give it a few more weeks.
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Caesar-Giulius
Sr. Member
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Activity: 728
Merit: 250
Buy, sell and store real cryptocurrencies
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July 17, 2017, 08:29:36 AM |
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Well, i guess the blood will continue till 1 August. Anyway, it is either green or red. Just remember to trade the correct direction. Best of luck.
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uslfd
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July 17, 2017, 09:45:53 AM |
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I think it is because of the holders who are panicking right now because of the August 1 event, And maybe it is also the weak hands shaking out their coin and thinking that the price drop would continue.
This. Altcoin have been in a bubble and throwing segwit upgrade into the mix only make matters worse. This is only the beginning, I wouldn't be surprised to see bitcoin fall back to 1k until it begins to regain traction. Expect ether to fall below 100. Good, waiting for a good summer sales!
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zidanw
Sr. Member
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Activity: 1162
Merit: 258
1xbit.com
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July 17, 2017, 10:13:51 AM Last edit: July 17, 2017, 10:28:14 AM by zidanw |
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If there is a pump will be followed by dump and vice versa as well so it's a common occurrence, indeed lately since the issue of 1 August the demand of cryptocurrency declined and the panic sell.
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shams
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July 17, 2017, 10:33:23 PM |
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Its because of Bitcoin Segwit is coming near which is 1st of August so Bitcoin is dumping very hard and everyone know that Altcoin market follow bitcoin that is why all are coin are also going down I hope everything will go normal after 1st august when bitcoin get stable all altcoins will also start to grow soon.
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MWesterweele
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July 17, 2017, 10:55:33 PM |
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Its because of Bitcoin Segwit is coming near which is 1st of August so Bitcoin is dumping very hard and everyone know that Altcoin market follow bitcoin that is why all are coin are also going down I hope everything will go normal after 1st august when bitcoin get stable all altcoins will also start to grow soon.
Yes that could be the reason it fluctutes now because of the aug 1 scenario. But i think that segwit will be a good way to fix some problems in btc then after aug 1 it will be good again.
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selline
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July 17, 2017, 11:38:49 PM |
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I think it may have been Altcoin in bubbles and throw segwit upgrade to the mix only makes matters worse. This is just the beginning, I would not be surprised to see the bitcoin fell back to 1 k to begin to regain traction. Expect ether fall under 100. but I am sure it is probably there will be changes to atcoin after in red line
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Phyton76
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July 17, 2017, 11:51:00 PM |
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I am also thinking about this and the way every altcoin get red but I think this normally happen every week end most and I also think this can be as a result of panic seller which make the market unstable,maybe today we will see all altcoin become green again and we should be expecting some kind of pump coming soon for all altcoin ,so it is a good idea to buy some cheap coins now and sell high later when they get pump
Me i guess the bitcoin circulation eas obviously not right and there is something that is not right in bitcoin maybe a lot of investors are selling there holding that made the bitcoin price in the markrt to. Be dump but i dont know why the also the altcoins become dump i thought it is a vice versa circulation in bitcoin and altcoin.
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bongiu
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July 18, 2017, 01:18:18 AM |
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Okay, so a few days ago (this Saturday) we have seen a terrible picture on coinmarketcap, for all the currencies were red (the price went down and so did capitalization). I thought the reason was coinbase and some big technical issues there. Yesterday everything was slowly getting back to normal. Almost all of the currencies went 'green'. Why is everything red again? Is it really some big problems with altcoins? Is it the end of big pump? Or maybe it is just the continuation of unexperienced panic sellers that started 2 days ago?
That and because of speculation Also if Bitcoin's price is down, all the other crytocurrencies will go down.
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gamaman990
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Merit: 10
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July 18, 2017, 10:11:49 AM |
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Why is everything green again? Must be my eyes ...
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GRR
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July 18, 2017, 10:13:34 AM |
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Why is everything green again? Must be my eyes ... Yeah. How could THAT happen? Who would have guessed?
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Nascor
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July 18, 2017, 10:26:23 AM |
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it's a volatile market
Why haven't you made a post three weeks ago asking "Why is everything green again", that would have made more sense
If you want more green take a gabbage and throw it on your screen
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legera
Newbie
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July 18, 2017, 03:31:44 PM |
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Flow of the cryptomarkets, it can be great but it can be painfull too!
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giveen
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July 18, 2017, 04:39:43 PM |
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Nothing's red now the only issue as i told in past also was bitcoin was falling and the reason was people sold alts for bitcoin and then sold bitcoin also but now as bitcoin has started rising again normally in the coming few weeks all the alts will rise again. Just keep holding if you are still in loss it will soon turn into profit unless you bought eth at some 0.15.
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hangar18
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July 18, 2017, 04:56:59 PM |
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Nothing's red now the only issue as i told in past also was bitcoin was falling and the reason was people sold alts for bitcoin and then sold bitcoin also but now as bitcoin has started rising again normally in the coming few weeks all the alts will rise again. Just keep holding if you are still in loss it will soon turn into profit unless you bought eth at some 0.15.
I understand holding is good, but why choose take profit when the price of crypto still high and buying again in present? I think this will better holding in long time. If you had bought when highest price, create stop loss will helps you minimize your loss and can buy more amount than holding in long time and wait the price recovery with small profit, are you think it good?
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Aliya Taj
Newbie
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July 18, 2017, 06:11:05 PM |
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John Mcfee tweeted that bitcoin is going to 500000$ in 3 years.
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spngebob
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July 18, 2017, 08:29:20 PM |
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Its because of Bitcoin Segwit is coming near which is 1st of August so Bitcoin is dumping very hard and everyone know that Altcoin market follow bitcoin that is why all are coin are also going down I hope everything will go normal after 1st august when bitcoin get stable all altcoins will also start to grow soon.
Not only because 1st august is near, almost every altcoin was in bubble, bubble popped and panic selling started. I don't understand why people are so scared because of 1st August.
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EVILTOFU
Member
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Activity: 66
Merit: 10
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July 18, 2017, 08:46:16 PM |
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Its because of Bitcoin Segwit is coming near which is 1st of August so Bitcoin is dumping very hard and everyone know that Altcoin market follow bitcoin that is why all are coin are also going down I hope everything will go normal after 1st august when bitcoin get stable all altcoins will also start to grow soon.
Not only because 1st august is near, almost every altcoin was in bubble, bubble popped and panic selling started. I don't understand why people are so scared because of 1st August. WHat bubble? I didnt hear a pop. Believe me you people havent seen anything yet....gonna be a hell of a ride up and down and up and down....fun gr E
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