Bitcoin Forum
December 18, 2017, 10:57:14 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1] 2 3 »  All
  Print  
Author Topic: Reason behind this dip?  (Read 3517 times)
MiBambino
Sr. Member
****
Offline Offline

Activity: 266



View Profile
July 07, 2017, 03:37:41 PM
 #1

Reason for current correction? I've been away for a few days and was barely able to read up on the market when suddenly I see pretty much all coins in red? Why is that? I've already bought some extra coins here and there but I simply don't know why it dropped the way it did.

██
██
██
██
██
██
██
██
██
██
██
██
██
██
██

░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░██████░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░███░░░░░░███░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░██░░░░░░░░░░░░██░░░░░░░░░░░░░░░░
░░░░░░░░░░░██░░░░░░░░░░░░░░██░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░██░░░░░░░░░░░░░░██░░░░░░░░░░░░░░░
░░░░░░░░░░░░██░░░░░░░░░░░░███░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░███░░░░░░█████░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░██████░░░░██░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░

██
██
██
██
██
██
██
██
██
██
██
██
██
██
██

██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
1513637834
Hero Member
*
Offline Offline

Posts: 1513637834

View Profile Personal Message (Offline)

Ignore
1513637834
Reply with quote  #2

1513637834
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1513637834
Hero Member
*
Offline Offline

Posts: 1513637834

View Profile Personal Message (Offline)

Ignore
1513637834
Reply with quote  #2

1513637834
Report to moderator
coinman180
Newbie
*
Offline Offline

Activity: 23


View Profile
July 07, 2017, 03:41:47 PM
 #2

They are all somewhat tied to bitoin, and we are probably gonna be in a bear market for some weeks, could be more..
vlad06
Full Member
***
Offline Offline

Activity: 238


View Profile
July 07, 2017, 03:52:03 PM
 #3

Ask CNN, they'll probably say it's the Russians.
Fatunad
Sr. Member
****
Offline Offline

Activity: 406



View Profile
July 07, 2017, 03:54:27 PM
 #4

They are all somewhat tied to bitoin, and we are probably gonna be in a bear market for some weeks, could be more..
Yes it is somehow tied up to bitcoin but not all the times since we can also see bitcoin in red while alts are on reds to which usually mean that we are on bearish market which i can say its really a normal thing to happen and indicates also that we do have a healthy market among those coins because there are activities do happen on them.

██
██
██
██
██
██
██
██
██
██
██
██
██
██
██

░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░██████░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░███░░░░░░███░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░██░░░░░░░░░░░░██░░░░░░░░░░░░░░░░
░░░░░░░░░░░██░░░░░░░░░░░░░░██░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░
░░░░░░░░░░░██░░░░░░░░░░░░░░██░░░░░░░░░░░░░░░
░░░░░░░░░░░░██░░░░░░░░░░░░███░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░███░░░░░░█████░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░██████░░░░██░░░░░░░░░░░░░░░
░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░░

██
██
██
██
██
██
██
██
██
██
██
██
██
██
██

██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
justone123
Sr. Member
****
Offline Offline

Activity: 294


View Profile
July 07, 2017, 04:09:03 PM
 #5

Bear market for the next 3 weeks i would say. Red could be something you'll be seing every day... If it continues to fall, even hodlers will start selling.

It's due to BTC fork and uncertainties.
Noore Najjar
Full Member
***
Offline Offline

Activity: 154


DIMPAY: Invest for Tomorrow. Today.


View Profile
July 07, 2017, 04:15:26 PM
 #6

Reason for current correction? I've been away for a few days and was barely able to read up on the market when suddenly I see pretty much all coins in red? Why is that? I've already bought some extra coins here and there but I simply don't know why it dropped the way it did.

probably korean biggest bitcoin market bithumb got hacked last few days what else ? steam summer sale ? government intention ? lol but yeah strongest reason is bithumb got hacked and they lost like millions coin but their market still open , dunno other reliable reason why its going dump

▬▬▬▬▬▬▬▬ ●   DIMPAY  ●  Invest for Tomorrow. Today.   ● ▬▬▬▬▬▬▬▬
❱❱❱  Facebook  ❱❱❱  Twitter  ❱❱❱  Telegram  ❱❱❱
▬▬▬▬▬▬▬▬▬▬▬▬▬ ●  ❱❱  PRE-ICO | December 4th, 2017  ❱❱  ● ▬▬▬▬▬▬▬▬▬▬▬▬▬
paramind22
Sr. Member
****
Online Online

Activity: 476


View Profile WWW
July 07, 2017, 04:28:41 PM
 #7

This could be your "John D Rockefeller in the Great Depression Buy" move.


Georgos
Jr. Member
*
Offline Offline

Activity: 30


View Profile
July 07, 2017, 05:10:32 PM
 #8

If there is such a dip this is in fact for me a late reaction to the great pump that made altcoins reach new skies. However I see it recover, so I will maybe pick a few well-chosen altcoins.
buenav
Member
**
Offline Offline

Activity: 88


View Profile
July 07, 2017, 05:20:12 PM
 #9

If there is such a dip this is in fact for me a late reaction to the great pump that made altcoins reach new skies. However I see it recover, so I will maybe pick a few well-chosen altcoins.

Yeah, you can't pump forever without a correction. Its not a reason to be bearish but rather to give the markets time to adjust.

▬▬▬▬▬▬▬▬ Bitquence ▬▬▬▬▬▬▬▬
Next Generation Cryptocurrency Wallet
▬▬▬▬▬▬▬▬ Bitquence ▬▬▬▬▬▬▬▬
Georgos
Jr. Member
*
Offline Offline

Activity: 30


View Profile
July 07, 2017, 07:29:34 PM
 #10

If there is such a dip this is in fact for me a late reaction to the great pump that made altcoins reach new skies. However I see it recover, so I will maybe pick a few well-chosen altcoins.

Yeah, you can't pump forever without a correction. Its not a reason to be bearish but rather to give the markets time to adjust.

Indeed. I do not see this as the final downtrend that will end the pump, but rather like a small correction, needed, to let time to people and market to adjust, and let those who want to leave leaving, and letting those who want to enter entering at a good price.
Aexs
Newbie
*
Offline Offline

Activity: 14


View Profile
July 07, 2017, 07:36:05 PM
 #11

Typical market correction. Nothing to panic about, just HODL
gedor
Full Member
***
Offline Offline

Activity: 224


Market Integration Platform


View Profile
July 07, 2017, 07:50:25 PM
 #12

Typical market correction. Nothing to panic about, just HODL

I agree with you this is correction I don't think it will turn to crash

luz3rrul3z
Full Member
***
Offline Offline

Activity: 138


Progress is the realization of UTOPIA's


View Profile
July 07, 2017, 08:10:26 PM
 #13

Just waiting for the BTC segwit/segwit2x/UASF/UAHF and after that there will be a boom. Investors are holding their breath right now.....

BTC Tip Me @ 1AsrsSYUtHdhJ6SARJD5aK52ydKUBGVzuu
vuvanle120
Full Member
***
Online Online

Activity: 210


"Highest ROI crypto infrastructure"


View Profile
July 10, 2017, 03:22:06 AM
 #14

Just waiting for the BTC segwit/segwit2x/UASF/UAHF and after that there will be a boom. Investors are holding their breath right now.....


This is like Y2K many worries but come august 1st nothing happen but up! So buy more now. Contratrian wins.

ROT13
Full Member
***
Offline Offline

Activity: 174



View Profile
July 10, 2017, 05:12:25 AM
 #15

markets gonna market
eagle10
Sr. Member
****
Offline Offline

Activity: 294


View Profile
July 10, 2017, 07:48:28 AM
 #16

markets gonna market

Everything else don't matter. The dip is a matter of some time.. after the dip is the moonlight. So come august let's see because that's where all altcoins testing of time will matter. Will it be the end of them or go on.
tigerwood0432
Hero Member
*****
Offline Offline

Activity: 481



View Profile
July 10, 2017, 11:33:41 AM
 #17

Nothing particular (except may be some segwit fear + bancor ico ETH  dump) , good opportunity to buy at low prices , once dump over = it will stabilize (the end is near = too much dumping this week = coins are HIGHLY oversold)) and we ll see VERY high prices , no need to panic = HOLD

My advice = profit from this dump and buy your coins at cheap prices (remember when vitalik sold 200,000 eth , remember when mtgox got hacked...etc..) = we bought at very cheap prices and then BOOOM few weeks later = Huge rally = That's how millions are done = when there is some big moves


▄███████████████████████████████████████████▄
█████████████████████████████████████████████
██username 12345█████████████████████████████
█████████████████████████████████████████████
███▒▒▒▒▒▒▒███████████████████████████████████
███▒▒▒▒▒▒▒███████████████████████████████████
███▒▒▒▒▒▒▒███████████████████████████████████
█████████████████████████████████████████████
██1234567███12345678██12345678███12345678████
█████████████████████████████████████████████
████████████████████████████████████████████
████▒▒▒▒▒▒███████████████████████████████████
█████████████████████████████████████████████
▀███████████████████████████████████████████▀
CryptoPay


  GET IT NOW
giantrobot
Full Member
***
Offline Offline

Activity: 219



View Profile
July 10, 2017, 11:40:25 AM
 #18

Reason for current correction? I've been away for a few days and was barely able to read up on the market when suddenly I see pretty much all coins in red? Why is that? I've already bought some extra coins here and there but I simply don't know why it dropped the way it did.

Because the crypto market is changing, it is completely different from before, everything depends on the value of bitcoin. Bitcoin increase, altcoins increase, bitcoin decrease and altcoins decrease. They are changing in parallel.

tigerwood0432
Hero Member
*****
Offline Offline

Activity: 481



View Profile
July 10, 2017, 11:52:35 AM
 #19

This could be your "John D Rockefeller in the Great Depression Buy" move.




I agree 100 %


▄███████████████████████████████████████████▄
█████████████████████████████████████████████
██username 12345█████████████████████████████
█████████████████████████████████████████████
███▒▒▒▒▒▒▒███████████████████████████████████
███▒▒▒▒▒▒▒███████████████████████████████████
███▒▒▒▒▒▒▒███████████████████████████████████
█████████████████████████████████████████████
██1234567███12345678██12345678███12345678████
█████████████████████████████████████████████
████████████████████████████████████████████
████▒▒▒▒▒▒███████████████████████████████████
█████████████████████████████████████████████
▀███████████████████████████████████████████▀
CryptoPay


  GET IT NOW
Abricotier
Member
**
Offline Offline

Activity: 84


View Profile
July 10, 2017, 12:01:02 PM
 #20

Reason for current correction? I've been away for a few days and was barely able to read up on the market when suddenly I see pretty much all coins in red? Why is that? I've already bought some extra coins here and there but I simply don't know why it dropped the way it did.

Because the crypto market is changing, it is completely different from before, everything depends on the value of bitcoin. Bitcoin increase, altcoins increase, bitcoin decrease and altcoins decrease. They are changing in parallel.

Problem in ypur statement is that Bitcoin is not decreasing Huh. For me the reason is that for every rise there is a drop to compensate.
Pages: [1] 2 3 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!