sch_lau
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Activity: 103
Merit: 10
🌟ATLANT ICO: 7/09/17🌟
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September 30, 2017, 05:32:35 PM |
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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  sell whenever you see an opportunity and mind the scams! |
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Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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bryant.coleman
Legendary
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Activity: 3654
Merit: 1217
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September 30, 2017, 05:33:44 PM |
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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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PhucS
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September 30, 2017, 05:51:03 PM |
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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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cryptotal
Full Member
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Activity: 448
Merit: 100
cryptotal
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September 30, 2017, 05:53:03 PM |
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Altcoins are connected to the price movement of BTC.
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JCNC
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September 30, 2017, 06:09:42 PM |
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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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Em00n01
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September 30, 2017, 06:57:49 PM |
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It is because of BTC. The price of BTC is not stable now. That's why all altcoin are dumping.
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XCANA
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September 30, 2017, 07:11:55 PM |
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It looks like all altcoins dump 10-20%. What is the reason?  I am very 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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SenSeiSoKo
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September 30, 2017, 07:59:42 PM |
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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   |
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quarl
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September 30, 2017, 08:32:49 PM |
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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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quarl
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October 01, 2017, 05:10:49 AM |
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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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Twinscoin2017
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October 01, 2017, 05:45:38 AM |
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It looks like all altcoins dump 10-20%. What is the reason? I am very 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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richcorner100
Full Member
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Activity: 616
Merit: 100
https://exip.live/
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October 01, 2017, 06:42:50 AM |
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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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elbimbo012
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October 01, 2017, 06:47:44 AM |
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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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