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btcholder
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September 05, 2017, 01:23:59 PM |
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Because of Chinese ico market. Recently Chinese government band ico investment. Not only China. There are 2/3 countries are band ico invest. That's why people panicking and sell there coin cheep price. That's why every altcoin dumping. Hope it will not to be longer.  |
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nonlinearboy
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September 05, 2017, 01:34:49 PM |
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Recent price fall maybe attributed to Chinese regulators banning companies from raising funds through ICO.
But there should be a distinction.China has not banned cryptocurrencies or bitcoin, it has only prohibited compaines raising money through ICO.
It has also not dissallowed its citizens from participating in icos
You are probably right, but I think the Chinese government will not ban all the companies form raising funds through ICO, they will set permission to this ICO project soon. |
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micromoney
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Activity: 98
Merit: 10
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September 05, 2017, 01:38:09 PM |
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what goes up, must come down and hopefully vice versa  Its because China banned ICO. China is a very big market.. |
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Geenstijl
Legendary
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Activity: 1232
Merit: 1000
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September 05, 2017, 01:40:38 PM |
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Crypto Market was needed the correction after great growth. The statement of China government has just given kick to do it. I hope this dump (downtrend) for no more than 1-2 weeks...
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konco_kenthel
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September 05, 2017, 02:24:56 PM |
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Perhaps because there is news that a blow from China about the ban on investors to no longer run ico then it could cause the decline in the value of the exchange rate to 20% in the future.
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nakata90
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September 05, 2017, 02:33:56 PM |
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The news talking about dump BTC :
China is poised to further tighten rules on virtual currencies after regulators on Monday banned virtual coin fundraising schemes. China banned and deemed illegal the practice of raising funds through launches of token-based digital currencies, targeting so-called initial coin offerings (ICO) in a market that has exploded since the start of the year.
It seems that the BTC restraint that Chinese take out is helplessness, Btc price gradually recover after the news of instability
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carlisle1
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September 05, 2017, 02:41:20 PM |
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Perhaps because there is news that a blow from China about the ban on investors to no longer run ico then it could cause the decline in the value of the exchange rate to 20% in the future.
they are just using this issue to make some panics and for sure bounce back will happen, as we are inside crypto and many things already happen so better to be more prepared and keep your holds being kept, china and US really creating some downfall but other country will step up and for sure we will see more good news after. |
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RieL
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September 14, 2017, 07:44:37 PM |
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This is a good opportunity for the investors and for the daydreamers.failing is not the end hence it gives you experience and find a new way to overcome it.too much profit i seebthere if your are a trader.buy low and sell high is a common mantra for this forum you will soon wbe apply ot too in the future
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Karto
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September 14, 2017, 08:15:29 PM |
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It looks like all altcoins dump 10-20%. What is the reason?  I am very sad "why" is not the right question to ask here, its When  i did a big mistake with the timing this time but i will be ready better for the next time |
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Snaic
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September 14, 2017, 08:40:41 PM |
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Now the coins are dropped only by the panelists. Now, on the contrary, they need not only to keep and wait for the high point for the growth of the crypto currency, but also try to buy it at the expense of free funds. Then by the New Year you will be waited with a good gift in the form of a solid profit from the course of Crypto-currency.
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zidane
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September 18, 2017, 09:04:47 AM |
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You are really asking why all coins are falling?
I can tell you... because weak hands are selling in panic like they did many many times before.
I hoped it will fall mor eso i could grab up some more cheap coins. After a while and somedays a backing up
in prices the weak hands who sold low will buy back higher.
Thats like a virus, if u are one time in crypto you will never leave.
Before you sell in panic just ask yourself if bitcoins need you or you needs bitcoin!
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Bellator
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September 18, 2017, 09:38:41 AM |
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You are really asking why all coins are falling?
I can tell you... because weak hands are selling in panic like they did many many times before.
I hoped it will fall mor eso i could grab up some more cheap coins. After a while and somedays a backing up
in prices the weak hands who sold low will buy back higher.
Thats like a virus, if u are one time in crypto you will never leave.
Before you sell in panic just ask yourself if bitcoins need you or you needs bitcoin!
Well sometimes it's so hard to decide when price fluctuates and volatility will occur most of the time. You can't prevent panic selling, but actually we needed bitcoins that's why a person came to a decisions like that. Dumping normally happened specially when an investor needs to exchange bitcoin to fiat for expenses for personal spending particularly basic needs and other demands. |
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wpalczynski
Legendary
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Activity: 1456
Merit: 1000
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September 18, 2017, 09:41:07 AM |
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I think the chinese ban of ICO's are still having an effect and people are panic selling. Nevermind let's buy more before it goes back up |
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yansen
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September 18, 2017, 12:10:44 PM |
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Altcoin is now following the bitcoin chart, different from 2 years ago when bitcoin down, altcoin rises, plus news from china banned ICO altcoin.
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sharedminers
Member
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Activity: 99
Merit: 10
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September 18, 2017, 12:12:42 PM |
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altcoin always follow bitcoin price. So if we have some bad news about bitcoin that will make altcoin price fall too
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bitcoinvestor
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September 18, 2017, 12:39:28 PM |
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altcoin always follow bitcoin price. So if we have some bad news about bitcoin that will make altcoin price fall too
Correct, Your statement is true, all other coins follow the bitcoin price beause there are no coins that have higher price. If there is a coin with the same price, the situation will be different when bitcoin price is down. Now, coins that follow BTC is eth, will eth be the next btc? |
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Sync485
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September 30, 2017, 04:56:25 PM |
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because i think market was very bulging. and that dump was realy necessery. we can't win always. it has to shake weakhands  |
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Doell
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September 30, 2017, 05:07:38 PM |
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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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SandybZhyta
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Activity: 233
Merit: 10
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September 30, 2017, 05:27:21 PM |
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some has pump,but not hight
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Gangy
Full Member
Offline
Activity: 225
Merit: 100
Presale is live!
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September 30, 2017, 05:31:08 PM |
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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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