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Author Topic: Altcoins is going down for real.  (Read 4131 times)
topesis
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June 26, 2017, 08:32:55 PM
 #41


I don't know why some people are trying to make a meal out of these, this correction is bound to happen and any serious investors should know it is time to start buying when the market is red and panic sell.
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Xavofat
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Did you see that ludicrous display last night?


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June 26, 2017, 08:33:12 PM
 #42

Nothing inspires selling like not being able to get access to your money.
You can access your money very easily.

Just move it to a wallet where you actually control the private keys.

If you were as tech savvy as you say you are, you'd know that.  Altcoins will get more sensitive and go down with ETH, but it's nothing to do with this.
bkbirge
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June 26, 2017, 09:46:25 PM
 #43

Nothing inspires selling like not being able to get access to your money.
You can access your money very easily.

Just move it to a wallet where you actually control the private keys.

If you were as tech savvy as you say you are, you'd know that.  Altcoins will get more sensitive and go down with ETH, but it's nothing to do with this.

Yes I understand that of course, my point was that the flood of people that came in will include many who don't understand this and see the crypto exchanges as the same level as stock exchanges. When issues like today and the last several days vis a vis access to buys/sells and funds is interrupted *a lot* then they will decide this space isn't ready for prime time and move their money elsewhere. Just reading the site here it is obvious many people, while they may have a wallet on their local computer, actually use the exchange's wallets to hold their funds.
vv181
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June 26, 2017, 10:04:10 PM
 #44

just hodl on tight, it will recover
singularityisnear
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June 26, 2017, 10:14:43 PM
 #45

Why is it in the past 24 hrs almost all of the altcoins is going down atleast 10 percent in value even though bitcoin's price is steady at $2.5k. Is it contrary or something is really happening. Any thoughts?
Despite the long term bullish trend, right now Bitcoin is not in a situation I would consider steady. Five percent drop is a high value for a multi-billion dollar marketcap. Regarding the altcoins drop, when Bitcoin falls in price many people sell their altcoins to buy Bitcoin.

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Metros
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June 26, 2017, 10:15:20 PM
 #46

just hodl on tight, it will recover

And boom it's go up as we speak. major green in the past hours. $5Billion added to crypto market since the fall.
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June 26, 2017, 10:30:40 PM
 #47

Everything will be as it is, hold and be patient Wink
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June 26, 2017, 10:43:52 PM
 #48

Why is it in the past 24 hrs almost all of the altcoins is going down atleast 10 percent in value even though bitcoin's price is steady at $2.5k. Is it contrary or something is really happening. Any thoughts?

Please read here I have tried to explain all the factors involved.
https://bitcointalk.org/index.php?topic=1987291.0
jpouza
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June 26, 2017, 10:53:16 PM
 #49

Cloakcoin with 35% increase in price, while others are falling, this is really amazing, I am into this for years and things like that are still awesome to see.
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