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Author Topic: Why All Coins Dump?  (Read 14904 times)
yvv
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July 08, 2017, 05:43:42 PM
 #61

H-ha! This is where bitshares market pegged assets rule. Instant hedge into USD, CNY, gold, silver etc, and your funds still remain in blockchain readily available to buy back altcoins at the bottom of the dump.

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phr0stbyt3
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July 08, 2017, 07:03:22 PM
 #62

There are mainly only 2 important reasons for a dump to happen and the main one is because of bitcoin being low. As on most exchanges the main trading pair of any altcoin is btc when the price of btc falls people rush to sell their coins to get more bitcoin as the price of bitcoin has fallen. Another reason is pretty common that investors have gained sufficient profit from the coin or they are not able to pump it more so they end up dumping the coin

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July 08, 2017, 07:14:29 PM
 #63

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

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July 08, 2017, 07:26:04 PM
 #64

There are mainly only 2 important reasons for a dump to happen and the main one is because of bitcoin being low. As on most exchanges the main trading pair of any altcoin is btc when the price of btc falls people rush to sell their coins to get more bitcoin as the price of bitcoin has fallen. Another reason is pretty common that investors have gained sufficient profit from the coin or they are not able to pump it more so they end up dumping the coin
Bitcoin is not low, Bitcoin is stable and entered the phase of preparation for huge leap: scaling upgrade will go live soon, recently hash power of BTC network increased.
Maybe altcoin holders noticed that too, and simply dumped their short altcoin position in favour of buying bitcoin? After all, it was always like that in the past, nothing new here.
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July 08, 2017, 08:51:17 PM
 #65

People try to make people to calm down and stay quite but the truth is that those that have invested like me in the big bubble and after that when the price has dumped so hard with more than 50% that really hurts, I hope that those coins that are on red now in charts to see the green color very soon, I still don't know the reason why all coins are dumped yet.


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July 08, 2017, 08:57:20 PM
 #66

Some analysts have described this as profit-taking, which would suggest the declines will level of and technical analysts the losses could go further
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July 08, 2017, 09:06:48 PM
 #67

Altcoins across the board have seen turbulent times over the past months. Spikes in price have affected both the top 10 and many of the rest
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July 08, 2017, 09:17:25 PM
 #68

There are mainly only 2 important reasons for a dump to happen and the main one is because of bitcoin being low. As on most exchanges the main trading pair of any altcoin is btc when the price of btc falls people rush to sell their coins to get more bitcoin as the price of bitcoin has fallen. Another reason is pretty common that investors have gained sufficient profit from the coin or they are not able to pump it more so they end up dumping the coin
Coins don't depend on bitcoin strongly. If btc gets down, some of the good ones may even go up, starting to take over its place. This happened with eth and ltc a few times, I think. However, it is true that when non-experienced investors appear on the market, buy some shit and then see that btc is down, they probably panic and decide it's the time to sell.
The dump situation - it does happen sometimes but IMO in most of cases coin goes down for some time and then rises again. That is because the creators don't want their creation to die, they do all the best to support it and the coin is probably naturally going down because of low demand. That is what keeps happening to Torcoin, for instance.


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July 08, 2017, 09:29:23 PM
 #69

Now that the market is overvalued, a sensible strategy (IMO) is to sell just enough to fully cover current living expenses for 2-3 years and to keep the rest in crypto. If the bull market continues, then I'll capture most of the gains (and likely outperform 95% of traders). If a bear market begins, then I will be able to patiently wait for it to end without spending my coins while they are undervalued. Worst case scenario: move to a low cost of living country and wait for an additional 1-2 years. I don't expect a crypto bear market to last longer than five years. The market is not mature enough for that.

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webmastax
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July 08, 2017, 09:43:33 PM
 #70

cool.. time to make some reserve

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July 08, 2017, 10:23:26 PM
 #71

Crypto works like that pump and dump cest a vie,but value crypto are bouncing back and thay are gaining in price in long term,shitcoins,hype coins scam coins are going to die,


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July 08, 2017, 10:46:07 PM
 #72

Have time to plant seeds
Have time to harvest

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July 09, 2017, 05:25:00 AM
 #73

Might be due to split matter that is on going with bitcoin. It might be the case people are afraid to invest money into bitcoin, ether and alt coins due to this. They think the consequences could be worst if something wrong happens with bitcoin splitting. What if the price of bitcoin drops way below the stipulated value. At this point the altcoins will loose there market as well leading to bad investments by everyone and loosing the assets too.




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July 09, 2017, 07:35:38 AM
 #74


It is really sad to see most of the cryto coins dumped a lot recently. I hope they can pump so that I can sell the coins and get back my money. Sad Sad Sad

 
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dinda22
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July 09, 2017, 07:40:08 AM
 #75


It is really sad to see most of the cryto coins dumped a lot recently. I hope they can pump so that I can sell the coins and get back my money. Sad Sad Sad

This is a wonderful opportunity for us to buy at the lowest price. This is just a panic about updates bitcoin. I'm sure when the Bitcoin update is coming and price increases, the altcoin will follow it.

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affandi
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July 09, 2017, 07:46:36 AM
 #76

Crypto works like that pump and dump cest a vie,but value crypto are bouncing back and thay are gaining in price in long term,shitcoins,hype coins scam coins are going to die,

I agree ,,, from my experience during trading. ,, almost all altcoin who just entered the market must have a great dump. And it took a long time to normalize the price again

In my opinion, this is because investors who have previously bought coins at ICO or before the coins enter the market, then after the coin has entered the trading market the investors directly sell their coins for profit. Maybe that's one reason

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coin-investor
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July 09, 2017, 09:09:32 AM
 #77

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


It's not new you need to get used to it, it happens five or ten times in a month and it's normal for the crypto currency where everything is volatile and speculations rule the game, you haven't heard this pump and dump groups who manipulated the market for their gains.

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xbiv2
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July 09, 2017, 09:12:19 AM
 #78

Only BITCOIN is good
All altcoins- Penny Stocks

arbitrage
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July 09, 2017, 10:23:36 AM
 #79

Some analysts have described this as profit-taking, which would suggest the declines will level of and technical analysts the losses could go further
I can conclude only that we didn't expect such rise from alts and now we are aware that this situation is not sustainable, and some corrections must be. People misunderstood this and talking about crash, which do not need to happen if BTC stays where it is. Maybe few tokens backed with ETH will be more influenced when ETH goes down drastically.
hdasd
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provide the best Chinese translation


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July 09, 2017, 10:41:15 AM
 #80

mining is so cheap to got a coin,
as I see,it's unfair to the investment!

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