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Author Topic: Why All Coins Dump?  (Read 14933 times)
Doell
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September 30, 2017, 05:07:38 PM
 #301

Altcoin is now following the bitcoin chart, different from 2 years ago when bitcoin down, altcoin rises, plus news from china banned ICO altcoin.
you think altcoin is now following bitcoin, i think you are mistaken let's discuss here, altcoin does not follow bitcoin when bitcoin down altcoin come down this is not same and cant be read from chart only

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September 30, 2017, 05:27:21 PM
 #302

some has pump,but not hight
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September 30, 2017, 05:31:08 PM
 #303

It is in the nature of this business my friend. Especially in the times of bounty distrubution we see people dumping their coins to make some fast Money.Other than that when markets make peak you can guess the fall will follow it you dump your coins to make best profit you can.

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September 30, 2017, 05:32:35 PM
 #304

Unfortunately just like any market there are ups and downs. They depend on the news (for example the news in China wanting to ban ICOs caused a big drop), on the bitcoin and ETH updates mostly and also on how well/quickly a project develops. Just keep faith and hold on to your tokens Wink sell whenever you see an opportunity and mind the scams!

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September 30, 2017, 05:33:44 PM
 #305

Anyway, you should be happy now as the prices have recovered. Ethereum is still hovering at around BTC0.07 per coin and recently Ripple had a sharp spike. BCH is also performing well right now. And all this has resulted in the BTC market dominance going below the 50% mark.

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September 30, 2017, 05:51:03 PM
 #306

I think this is very normal for a trader or for those with long experience in the world of electronic money. They are encoded currencies, the volume of transactions in a day is very much so the price drop, increase or fluctuation is a normal thing. There have been many times decisions as well as news from China have affected the value of Bitcoin and altcoins. Regarding the decrease in altcoin, it may be due to the decrease in Bitcoin value or the negative news especially in China. But do not worry, it will have a high probability of recovery in the initial value and may increase in the future

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September 30, 2017, 05:53:03 PM
 #307

Altcoins are connected to the price movement of BTC.
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September 30, 2017, 06:09:42 PM
 #308

Look, if new airdrop of "btc gold" happen, then again coins dump. Second thing now market is overheated with lot of ICOs. Next thing too much new coins for this cap.
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September 30, 2017, 06:57:49 PM
 #309

It is because of BTC. The price of BTC is not stable now. That's why all altcoin are dumping.

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September 30, 2017, 07:11:55 PM
 #310

It looks like all altcoins dump 10-20%. What is the reason?  Huh I am very sad  Sad

There is time for everything in the crypto currency market. Most time when the value of bitcoin decline there is tendency that altcoins will decline and vice versa. so we should have it at the back of our mind any time such a thing happen that it is normal in crypto currency market.

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September 30, 2017, 07:59:42 PM
 #311

BECAUSE... No the market is crazy and follows some rules but not all, it can change fast so you never know... we will see... NOBODY... knows where it will go lol  Smiley Cool
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September 30, 2017, 08:32:49 PM
 #312


Like the other guy stated, it is what it is. The price of Bitcoin is going down right now so the prices for almost every Altcoin that is paired with Bitcoin is going down as well.

Even Ethereum is going doen in value, Bitconnect coin is not doing that bad right now though I wouldn't invest in that coin since that coin has a bunch of errors on their website.

I am pretty sure that this dump is only temporary.

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October 01, 2017, 05:10:49 AM
 #313


Like the other guy stated, it is what it is. The price of Bitcoin is going down right now so the prices for almost every Altcoin that is paired with Bitcoin is going down as well.

Even Ethereum is going doen in value, Bitconnect coin is not doing that bad right now though I wouldn't invest in that coin since that coin has a bunch of errors on their website.

I am pretty sure that this dump is only temporary.

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October 01, 2017, 05:45:38 AM
 #314

It looks like all altcoins dump 10-20%. What is the reason?  Huh I am very sad  Sad

maybe its just a rectification to the hot market last period, i believe all will be fine in the later time
  yes i agree dumping is depend on the market if the market low on demand on that coin maybe  the price of that coin is also low.

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October 01, 2017, 06:42:50 AM
 #315

In my opinion all coins dump because every day there are always a new coin, so when we see there are new coin that has more potential  the investors and traders will sell old coin their own and buy a new coin that is more potential. And the other thing that causes the price of BTC increase alot so altcoin paired with Bitcoin will definitely go down. And also this week often any bad news about crypto so that the volume decreases

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October 01, 2017, 06:47:44 AM
 #316

It is normal for the coins price to drop since every investors has its own trading strategy some dump due to profit taking some dump because of negative news in the market and they need to cut loss early to avoid loss of much bigger amount other reason there are big financier or trader who want to play specific coin they are pumping and dumping if you get caught you loss your investment

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