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Author Topic: Why all the coins prices are dropping?  (Read 1809 times)
akamit (OP)
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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]https://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.

There is a FOMO brewing...
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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]https://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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Capradina
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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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okissabam
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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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