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akamit
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July 07, 2017, 12:10:27 PM
 #1

What is happening in crypto world? Why all the coins prices are dropping?

Screenshot from polo


Also checked at coinmarketcap... First page is full of red..

Is there anything unexpected going on?

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July 07, 2017, 12:47:30 PM
 #2

What is happening in crypto world? Why all the coins prices are dropping?

Screenshot from polo


Also checked at coinmarketcap... First page is full of red..

Is there anything unexpected going on?
Its quiet surprising for a Hero member do ask this thing when it comes to trading matter. Prices do really drops which is normal on cryptoworld we do see most reds and later on we do see mostly on green.Its just on alternate position no matter what would be the reason is since they are all volatile depending on the activity of its users and as of now i cant see any news related on going red on most coins.

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July 07, 2017, 12:52:02 PM
 #3

What is happening in crypto world? Why all the coins prices are dropping?

Is there anything unexpected going on?

Nothing new. It was just the same this past weeks. No specific reason/s but rather profit taking. It's normal indeed. It's good to see those reds as we can have an opportunity again to accumulate our preferred coins.

Don't mind finding the exact reason. It will just stressed you. Give it a shot and risk some funds now as once they turned green again, for sure you will regret.

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July 07, 2017, 12:59:25 PM
 #4

Its quiet surprising for a Hero member do ask this thing when it comes to trading matter. Prices do really drops which is normal on cryptoworld we do see most reds and later on we do see mostly on green.Its just on alternate position no matter what would be the reason is since they are all volatile depending on the activity of its users and as of now i cant see any news related on going red on most coins.
It's really more surprising to see a hero member asking this "recurring" events in cryptoworld than seeing those red marks.
But then, I am expecting a green marks as we approach the August 1 event.

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July 07, 2017, 01:59:55 PM
 #5

Its quiet surprising for a Hero member do ask this thing when it comes to trading matter. Prices do really drops which is normal on cryptoworld we do see most reds and later on we do see mostly on green.Its just on alternate position no matter what would be the reason is since they are all volatile depending on the activity of its users and as of now i cant see any news related on going red on most coins.
It's really more surprising to see a hero member asking this "recurring" events in cryptoworld than seeing those red marks.
But then, I am expecting a green marks as we approach the August 1 event.

Maybe the OP is asking if there is a specific event that might affecting crypto's going red that he is not aware of. There's no negative news that's going around. People are just simply cashing it out or just waiting for Aug 1 to happen before investing again in the crypto's. And just like we preached, we really don't need to panic at this time and sell our reserves. We all know too well that crypto's specially bitcoin have the capability to bounce back.



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July 07, 2017, 02:19:31 PM
 #6

The same was the case happening from the past few weeks. In between some growth is happening with these coins. So this might be a time for correction for the entire crypts. Maybe from august things might happen in the opposite manner with high price pumping.



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July 07, 2017, 02:38:36 PM
 #7

What is happening in crypto world? Why all the coins prices are dropping?

Screenshot from polo


Also checked at coinmarketcap... First page is full of red..

Is there anything unexpected going on?
Checking again history price in 2017, you can see the bullish trend starting in March and end in first week of June and now the bearish trend is starting, just still in between of begin and mid trend, maybe end August the trend will ending and recovery.

 
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July 07, 2017, 02:52:56 PM
 #8

What is happening in crypto world? Why all the coins prices are dropping?

Screenshot from polo


Also checked at coinmarketcap... First page is full of red..

Is there anything unexpected going on?
Because of the current price every country is falling down also
Many are affected when econommy is down to each contry

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July 07, 2017, 02:58:57 PM
 #9

The same was the case happening from the past few weeks. In between some growth is happening with these coins. So this might be a time for correction for the entire crypts. Maybe from august things might happen in the opposite manner with high price pumping.

Yes, maybe another price correction is going on that's why all the coins are going red. We also see this last week of May and second week of June. Bitcoin price touch $2700 then the next day we see price corrections happening. I guess, the price will begin to rise around Aug 1 and will peak again and we may see it touching $3000. So now its just normal and this will last around 2-3 days, basing on the last two price corrections. Its just really unpredictable, but to pin point the exact reason's why, is not easy as it seems. But nothing to worry though.


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July 07, 2017, 03:27:08 PM
 #10

What is happening in crypto world? Why all the coins prices are dropping?

Screenshot from polo
[i mg]http://i.imgur.com/hbwf3H3.jpg[/img]

Also checked at coinmarketcap... First page is full of red..

Is there anything unexpected going on?

the answer is the same as the answer i gave to people a couple of months back asking "why prices are going up?". it is all about the pump and dumps. when prices are going up everyone is happy and nobody cares that all these altcoins are going up for no reason (getting pumped) now they are getting dumped for no reason too, as the investors take their money out of them.

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July 07, 2017, 03:34:50 PM
 #11

I think there is nothing new in this,
The holders are just taking their profit and maybe it is just happening in most of the alt-coin,
I think it is really normal in crypto currency  they are just dumping their shares or stock.

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July 07, 2017, 03:43:25 PM
 #12

What is happening in crypto world? Why all the coins prices are dropping?

Screenshot from polo
[i mg]http://i.imgur.com/hbwf3H3.jpg[/img]

Also checked at coinmarketcap... First page is full of red..

Is there anything unexpected going on?

the answer is the same as the answer i gave to people a couple of months back asking "why prices are going up?". it is all about the pump and dumps. when prices are going up everyone is happy and nobody cares that all these altcoins are going up for no reason (getting pumped) now they are getting dumped for no reason too, as the investors take their money out of them.

Perfectly said now the investors are taking their profit and converting it to btc as the price in btc is low and all are expecting to rise high so automatically all altcoins will start to dump. This is what trading is done on profit booking.
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July 07, 2017, 03:45:30 PM
 #13

Early profit taking from investment funds = they close their position on week end , then on monday they will start to trade again
Its best time to buy = buy low sell high


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July 07, 2017, 04:00:07 PM
 #14

What is happening in crypto world? Why all the coins prices are dropping?

Is there anything unexpected going on?

Nothing new. It was just the same this past weeks. No specific reason/s but rather profit taking. It's normal indeed. It's good to see those reds as we can have an opportunity again to accumulate our preferred coins.

Don't mind finding the exact reason. It will just stressed you. Give it a shot and risk some funds now as once they turned green again, for sure you will regret.


Indeed my friend you speak the truth. I'm also happy to see those red and minus signals as they are good opportunity that invest money. I'm hoping that every coin will turn green later and by putting chunks in every coin can lead to versatile profit when it turns green. Who knows some of them will spike way beyond we think.
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July 07, 2017, 04:01:14 PM
 #15

They all follow each other.

BTC falls slightly because the bull run preceding it was weak, based on little volume.  This is not significant, nor should it even be regarded as a correction unless it goes somewhat lower than this.

Other coins are just sheep, which move along with Bitcoin but get their price movements amplified by about fifty.

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July 07, 2017, 04:02:11 PM
 #16

Hmm, now I also saw that the price of crypto has a considerable setback. But of all the sources that I usually use to find the latest information, there were no adverse signs of something for all users of the crypto. This is just a reasonable turnaround and can probably give you some advantages for those who are indeed doing the trading. Because getting down with the coin then there are some people who make purchases in large (dump) and after that they will do the pump. So, just think positive and analyze
 
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July 07, 2017, 04:03:15 PM
Last edit: July 07, 2017, 04:22:46 PM by negancoin
 #17

sound like the alt coins are getting murdered  Grin
Siacoin go down -10% (holly s***t) I wish I had waited until now and buy it, but I did it in 0.01 $.
Anyway it's not a big deal. the price will rise again, just a matter of time.
It's all about early profit taking from investment funds, witch is cause that dumps in market.

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July 07, 2017, 04:51:57 PM
 #18

It's a normal thing in crypto since miners and traders book their profits in order to reinvest it or to use the profita for their own personal uses. Every week there are miners dumping off coins to get in into a new coin or cover mining costs. Same with traders in order to give them more capital for their trades.

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July 07, 2017, 05:32:06 PM
 #19

What is happening in crypto world? Why all the coins prices are dropping?

Is there anything unexpected going on?

Nothing new. It was just the same this past weeks. No specific reason/s but rather profit taking. It's normal indeed. It's good to see those reds as we can have an opportunity again to accumulate our preferred coins.

Don't mind finding the exact reason. It will just stressed you. Give it a shot and risk some funds now as once they turned green again, for sure you will regret.

Yup! I couldn't agree with you more. This has been going on for a couple of weeks now. And I'm sure some had taken advantage of the low prices and are just waiting for August 1st and see if it'll pump back. Anyways, good luck to those who bought the prices now. I'm not wasting my time going into one of each coins on why their prices are low now but most probably the reason might be because bitcoin is also low now. Just an opinion though.
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July 07, 2017, 05:43:09 PM
 #20

Looks like general trading to me, stocks and "coins" can't just go up all the time. Unless something big is happening - it is usually kind of a "seesaw" movement.

The overall gains are hanging strong, if you ask me; maybe as we move toward Aug. 1, we sill see some panic moves, but this happens with stocks as well.
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July 07, 2017, 05:55:58 PM
 #21

if i'm not mistaken that since bitcoin price was pretty high it does happened several times but usually it turnout to green for next days so nothing to worry about this situations but in my view while red mark still not turnout to green yet i think it's time to buy but choose altcoin wisely and do not get to trapped to shitcoin
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July 07, 2017, 06:35:26 PM
 #22

Cause people and whales are now dumping and making profit from their investments?
Happens all the time. Nothing new about this in the crypto world. You have been here in the forum for a long time and you should know all these basic stuffs.

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July 07, 2017, 07:25:19 PM
 #23

Its quiet surprising for a Hero member do ask this thing when it comes to trading matter. Prices do really drops which is normal on cryptoworld we do see most reds and later on we do see mostly on green.Its just on alternate position no matter what would be the reason is since they are all volatile depending on the activity of its users and as of now i cant see any news related on going red on most coins.
It's really more surprising to see a hero member asking this "recurring" events in cryptoworld than seeing those red marks.
But then, I am expecting a green marks as we approach the August 1 event.

Maybe the OP is asking if there is a specific event that might affecting crypto's going red that he is not aware of. There's no negative news that's going around. People are just simply cashing it out or just waiting for Aug 1 to happen before investing again in the crypto's. And just like we preached, we really don't need to panic at this time and sell our reserves. We all know too well that crypto's specially bitcoin have the capability to bounce back.

@stomachgrowls
@xianbits


Nothing is surprising here... It is not compulsory to have all the news as a hero member. Though I became hero about 30-40 hrs ago.
Last few weeks I am very much busy in my real life businesses. So I am not getting much time to follow crypto world.

I was feeling so tensed this evening when I saw the price of SiaCoin. Because few days ago I have invested some amount in SiaCoin.
I also asked for suggestion in their official thread yesterday regarding the price drop. But today price dropped much more than yesterday.

And then I noticed almost every coin in polo has a negative value... Almost all red.. Then I checked at coinmarketcap..... the result was same..

So I became curious to know what is happening exactly in crypto world...? Why almost all coins are red? So created this thread.

I am just undecided what to do with SiaCoin..
Put more investment to recover the loss from previous investment or wait till August 1. Just trying to look for answer.. I hope no one minds that...  Wink

@joshy23
Thanks for understanding.

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July 07, 2017, 09:20:33 PM
 #24

Dumpers gotta dump bro, nothing new really you just need to have some strong hands to avoid dropping, you must be a newbie to be surprised like this.
If you are in crypto long enough you'll get the hang of it very fast, in big coins like BTC and ETH when price drops by 0.5% is when others start to panic and dump and in other coins when they drop by 2.5% it's the panic trigger, all you have to do is to relax and wait a few more days but when you have a weak hand none of these advises work for you, myself included.

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July 07, 2017, 09:35:49 PM
 #25

Its quiet surprising for a Hero member do ask this thing when it comes to trading matter. Prices do really drops which is normal on cryptoworld we do see most reds and later on we do see mostly on green.Its just on alternate position no matter what would be the reason is since they are all volatile depending on the activity of its users and as of now i cant see any news related on going red on most coins.
It's really more surprising to see a hero member asking this "recurring" events in cryptoworld than seeing those red marks.
But then, I am expecting a green marks as we approach the August 1 event.

Maybe the OP is asking if there is a specific event that might affecting crypto's going red that he is not aware of. There's no negative news that's going around. People are just simply cashing it out or just waiting for Aug 1 to happen before investing again in the crypto's. And just like we preached, we really don't need to panic at this time and sell our reserves. We all know too well that crypto's specially bitcoin have the capability to bounce back.
I was feeling so tensed this evening when I saw the price of SiaCoin. Because few days ago I have invested some amount in SiaCoin.
I also asked for suggestion in their official thread yesterday regarding the price drop. But today price dropped much more than yesterday.

I am just undecided what to do with SiaCoin..
You bought Siacoin?  Right after an absolutely gigantic pump, flying almost to number 10, when people were telling you it was going to be worth stupid amounts?  Really?

Well anyway, I hope you didn't lose too much and you've set your stop losses high.  IMO it'll go a similar way to how STR did after the pump instead of becoming completely irrelevant, but you really need to think about this stuff a bit more before investing.


So I became curious to know what is happening exactly in crypto world...? Why almost all coins are red? So created this thread.
You should read this thread.  Basically, miners are signalling their intention to support a scaling solution when they can (SegWit 2x), which would involve implementing SegWit soon and then a hard fork to 2MB blocks three months after that.

Some people are dumping pre-emptively, expecting an upgrade to Bitcoin to make altcoin hype subside.  Only time will tell if they're right.

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July 07, 2017, 09:53:06 PM
 #26

Its quiet surprising for a Hero member do ask this thing when it comes to trading matter. Prices do really drops which is normal on cryptoworld we do see most reds and later on we do see mostly on green.Its just on alternate position no matter what would be the reason is since they are all volatile depending on the activity of its users and as of now i cant see any news related on going red on most coins.
It's really more surprising to see a hero member asking this "recurring" events in cryptoworld than seeing those red marks.
But then, I am expecting a green marks as we approach the August 1 event.

Maybe the OP is asking if there is a specific event that might affecting crypto's going red that he is not aware of. There's no negative news that's going around. People are just simply cashing it out or just waiting for Aug 1 to happen before investing again in the crypto's. And just like we preached, we really don't need to panic at this time and sell our reserves. We all know too well that crypto's specially bitcoin have the capability to bounce back.

@stomachgrowls
@xianbits


Nothing is surprising here... It is not compulsory to have all the news as a hero member. Though I became hero about 30-40 hrs ago.
Last few weeks I am very much busy in my real life businesses. So I am not getting much time to follow crypto world.

I was feeling so tensed this evening when I saw the price of SiaCoin. Because few days ago I have invested some amount in SiaCoin.
I also asked for suggestion in their official thread yesterday regarding the price drop. But today price dropped much more than yesterday.

And then I noticed almost every coin in polo has a negative value... Almost all red.. Then I checked at coinmarketcap..... the result was same..

So I became curious to know what is happening exactly in crypto world...? Why almost all coins are red? So created this thread.

I am just undecided what to do with SiaCoin..
Put more investment to recover the loss from previous investment or wait till August 1. Just trying to look for answer.. I hope no one minds that...  Wink

@joshy23
Thanks for understanding.


Yes i also like you i buy bitshares but the price drop directly. A loss of nearly 30 percent
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July 07, 2017, 09:59:50 PM
 #27

You (op) might have seen more such red days than I did still I am not worried or bothered about it and I look at it as a normal activity and an opportunity to buy more of my favorite coins. Also it's not red everywhere, there are a few coins on bittrex which are doing great and in green but yes I have noticed some of the people on facebook linking it to Aug 1.
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July 07, 2017, 10:30:57 PM
 #28

Normal price drop and i saw live movement in bitcoinwisdom and i saw there are still many traders are buying bitcoin and prevent the price go down..
We will experience again a price fall and i think it can recover again fast and we will see a big pump because segwit activation will nearly be done soon..
dump happen today i just like in the past days or weeks and anytime soon the price can increase back fast. .
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July 07, 2017, 10:36:41 PM
 #29

Dumpers gotta dump bro, nothing new really you just need to have some strong hands to avoid dropping, you must be a newbie to be surprised like this.
If you are in crypto long enough you'll get the hang of it very fast, in big coins like BTC and ETH when price drops by 0.5% is when others start to panic and dump and in other coins when they drop by 2.5% it's the panic trigger, all you have to do is to relax and wait a few more days but when you have a weak hand none of these advises work for you, myself included.
I think those traders know already about the issue in cex.io maybe this is the reason why the price of bitcoin and other altcoin was going to drop so other traders just afraid if the cex.io will be the next MT.gox well i don;t see any news behind the price drop of bitcoin and other altcoin. better to check it here https://bitcointalk.org/index.php?topic=1568458.msg15742226
And for those who are holding founds in that exchange site better to contact their support..

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July 07, 2017, 11:37:12 PM
 #30

Business as usual, nothing out of ordinary order. how are we supposed to eat if we don't sell our coins? you all talk about it like it's the end of the world, we all know what we're getting into before we do right?
When you sell that's it you are no longer the owner, people are selling so what? their loss and our gain, you should never follow others when they're selling unless you could sell with profit and if you really selling with loss then you are an idiot and deserve what is happening to you.

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dihari
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July 07, 2017, 11:43:45 PM
 #31

Early profit taking from investment funds = they close their position on week end , then on monday they will start to trade again
Its best time to buy = buy low sell high

Yes this is the reason that make sense to see this red trending. Taking profit are usually end of year, end of month, and weekends. And it's happening every weeks, so there's nothing new about this situation. It is a chance to buy more.
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July 07, 2017, 11:59:25 PM
 #32

Normal price drop and i saw live movement in bitcoinwisdom and i saw there are still many traders are buying bitcoin and prevent the price go down..
We will experience again a price fall and i think it can recover again fast and we will see a big pump because segwit activation will nearly be done soon..
dump happen today i just like in the past days or weeks and anytime soon the price can increase back fast. .
still there is uncertainty in the market, people are doubtful about 1st August what is in fact is going to the price of bitcoin, in fact it has a great impact on the price of all the crypto currencies. i am hopeful that very soon all the certainty will become over, and then people will like to start buying bitcoin again. although the price still do not dropped too much, but is trading very stable and that is really a good point in favour of bitcoin.
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July 08, 2017, 12:27:11 AM
 #33

Normal price drop and i saw live movement in bitcoinwisdom and i saw there are still many traders are buying bitcoin and prevent the price go down..
We will experience again a price fall and i think it can recover again fast and we will see a big pump because segwit activation will nearly be done soon..
dump happen today i just like in the past days or weeks and anytime soon the price can increase back fast. .
still there is uncertainty in the market, people are doubtful about 1st August what is in fact is going to the price of bitcoin, in fact it has a great impact on the price of all the crypto currencies. i am hopeful that very soon all the certainty will become over, and then people will like to start buying bitcoin again. although the price still do not dropped too much, but is trading very stable and that is really a good point in favour of bitcoin.

I guess that's an effect of the panic of those people behind the crypto trading due to bitcoin's speculations circulating the web network, that's why more people do selling of their holdings. Upon seeing the actual scenario of the coin prices, it will be alarming if you won't be brave on your decisions to hold. My advice to the people who can read this thread post here is, don't lose hope and stop doubting because this is the actual battle of minds; if you give up there's a consequences but if not there is still a consequences to happen. the price pump will again be rising and now is the time to bu and hold for future price increase.
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July 08, 2017, 01:38:38 AM
 #34

I see, I'm also confused but now I got my answer. Thx Grin

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July 08, 2017, 02:22:52 AM
 #35

These types of crashing trends are not unusual for cryptocurrency world. This should be rather considered as a healthy correction. Now prices are being corrected to something more realistic. There is one more factor of sell wall. Investors have their accounts automatically set up to sell when it hits a certain price, and it takes the money out of this infrastructure. This thing happened a lot in previous month. Moreover, till Segwit implementation, there would be some uncertainty in prices because it as an major event going to happen to the most important cryptocurrency, Bitcoin. We're gonna see a lot of roller-coastering until Aug. 1.
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July 08, 2017, 03:33:57 AM
 #36

Its quiet surprising for a Hero member do ask this thing when it comes to trading matter. Prices do really drops which is normal on cryptoworld we do see most reds and later on we do see mostly on green.Its just on alternate position no matter what would be the reason is since they are all volatile depending on the activity of its users and as of now i cant see any news related on going red on most coins.
It's really more surprising to see a hero member asking this "recurring" events in cryptoworld than seeing those red marks.
But then, I am expecting a green marks as we approach the August 1 event.

Maybe the OP is asking if there is a specific event that might affecting crypto's going red that he is not aware of. There's no negative news that's going around. People are just simply cashing it out or just waiting for Aug 1 to happen before investing again in the crypto's. And just like we preached, we really don't need to panic at this time and sell our reserves. We all know too well that crypto's specially bitcoin have the capability to bounce back.

@stomachgrowls
@xianbits


Nothing is surprising here... It is not compulsory to have all the news as a hero member. Though I became hero about 30-40 hrs ago.
Last few weeks I am very much busy in my real life businesses. So I am not getting much time to follow crypto world.

I was feeling so tensed this evening when I saw the price of SiaCoin. Because few days ago I have invested some amount in SiaCoin.
I also asked for suggestion in their official thread yesterday regarding the price drop. But today price dropped much more than yesterday.

And then I noticed almost every coin in polo has a negative value... Almost all red.. Then I checked at coinmarketcap..... the result was same..

So I became curious to know what is happening exactly in crypto world...? Why almost all coins are red? So created this thread.

I am just undecided what to do with SiaCoin..
Put more investment to recover the loss from previous investment or wait till August 1. Just trying to look for answer.. I hope no one minds that...  Wink

@joshy23
Thanks for understanding.

Yes, i do understand your points since we do have our own busy life and we cant really know all things- sorry for that and it seems you do buy Siacoin on its pump which you can really think off on to sell those coins to cutlose and you entered to late on Sia. Diversifying on cope uping the lose is a good move but we should still be careful to avoid more loss. If i were you buy after August 1 event.

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micle222
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July 08, 2017, 03:48:32 AM
 #37

I do not know any news what makes all altcoin go down in price but for me this is the best time to buy some coins at a cheap price.
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July 08, 2017, 04:57:32 AM
 #38

I do not know any news what makes all altcoin go down in price but for me this is the best time to buy some coins at a cheap price.
Here it is for your information https://coinmarketcap.com/
The top 100 altcoins are down now, it's really a good timing to buy, put more since this will surely bring instant profit.

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July 08, 2017, 05:15:58 AM
 #39

Sure a high whale club sure its taking profit, some whales might work as a team.
But all my coins took a hit,
and I saw Nimiq ICO and seems like the best choice for my bitcoins for the moment.

Coins are falling because of this kind of shit too. S****  People moving out into ICO's.

When 60+% of them fail.

Like that VISA card, which wasn't really a VISA, but VISA was its name.

Reason why coins are low:
-people buying into ICO's, money going out
-people taking profit!! sure, ofcourse, squeeze it while we can.
-people panic selling, not holding
-this has to be a systematic approach, it cant be coincidence  ( This crash had to be planned by couple whales, or more. Taking profits, buying islands and shit. Like building in Dubai. Whales are everywhere, and they took profit.Tonight. )

But the game is changing, Nimiq's here.
share me some free  browser mined Betanims to get one more tshirt
tip me here 13172C1B155ED4EF72354F328CD56A4464202BF4
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July 08, 2017, 10:51:44 AM
 #40

It's summer now! People sell coins and go on vacation.  Cheesy
In addition, soon Segwit. Closer to the autumn, growth is possible.
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July 08, 2017, 12:28:32 PM
 #41

The same was the case happening from the past few weeks. In between some growth is happening with these coins. So this might be a time for correction for the entire crypts. Maybe from august things might happen in the opposite manner with high price pumping.
I agree that part of the changes happens mainly because of the fluctuations and decentralization where the movement of the stock in the market is changing. In fact before a development happens to bitcoin it would need a push through the user of bitcoin and the drop of price can give the signal to people to buy resulting for a balanced movement of the stock in the market. And that is the time that the vice versa would happen and the price will pump.

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