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Alternative Coins Value Dropped?
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Topic: Alternative Coins Value Dropped? (Read 714 times)
aso118
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★Nitrogensports.eu★
Alternative Coins Value Dropped?
May 15, 2013, 07:49:43 PM
#1
Looking through btc-e it looks like almost all of the alt coins have taken a big dip. I mostly follow LTC and PPC; and they dropped from ~0.033 to ~0.025 and from ~0.0028 to ~0.0020. What caused all of them to drop at once? Or this is just normal market variation and nothing to get excited about? And they will eventually go back up?
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riku2015
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Re: Alternative Coins Value Dropped?
May 15, 2013, 07:53:25 PM
#2
loot BTC, altcoins killing Bitcoin couse ppl buying altcoin instead bitcoin...
BTC will crash lot more, today already 2 times less than 100$
BrewCrewFan
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Re: Alternative Coins Value Dropped?
May 15, 2013, 07:55:27 PM
#3
Quote from: riku2015 on May 15, 2013, 07:53:25 PM
loot BTC, altcoins killing Bitcoin couse ppl buying altcoin instead bitcoin...
BTC will crash lot more, today already 2 times less than 100$
Maybe the dollar got stronger? I think there is a lot more in play.
Plus only people that mine BTC are ones with farms most likely. Normal joes like me never see any kind of return on mining BTC anyways.
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aso118
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Re: Alternative Coins Value Dropped?
May 15, 2013, 07:57:07 PM
#4
Quote from: riku2015 on May 15, 2013, 07:53:25 PM
loot BTC, altcoins killing Bitcoin couse ppl buying altcoin instead bitcoin...
BTC will crash lot more, today already 2 times less than 100$
But altcoins are dropping in exchange and USD value too. If the demand was increasing for altcoins; wouldn't it raise the exchange ratio of altcoin to btc?
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bitdwarf
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The cryptocoin watcher
Re: Alternative Coins Value Dropped?
May 15, 2013, 08:06:42 PM
#5
Short memory span.
NMC was ~500 a couple weeks ago. PPC was ~150 a couple weeks ago. NVC doesn't move. FTC and CNC don't count. TRC... I dunno, I never pay it attention.
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txmasut
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Vantacor
Re: Alternative Coins Value Dropped?
May 15, 2013, 08:17:55 PM
#6
Quote from: bitdwarf on May 15, 2013, 08:06:42 PM
Short memory span.
NMC was ~500 a couple weeks ago. PPC was ~150 a couple weeks ago. NVC doesn't move. FTC and CNC don't count. TRC... I dunno, I never pay it attention.
+1, all the coins are still higher than they were last week. No news here.
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BTC-1488ZE5vUFxUbxNLdcQoaHQkx1qxYXPgNM LTC-Le9LVJKz5bu2prQicazidFmSDo3ucTSX81 Rep Thread
https://bitcointalk.org/index.php?topic=200743.msg2095050#msg2095050
runam0k
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Touchdown
Re: Alternative Coins Value Dropped?
May 15, 2013, 08:19:50 PM
#7
Too many alt coins? New coins EVERY DAY and people perhaps realising that they're not worth anything?
Praxis
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Re: Alternative Coins Value Dropped?
May 15, 2013, 08:20:32 PM
#8
Not Mincoin. It keeps rising. ( check
www.mcxnow.com
)
seleme
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Duelbits.com
Re: Alternative Coins Value Dropped?
May 15, 2013, 08:21:03 PM
#9
Bitcoin is in trouble and whenever it is altcoin suffers too as people are too busy trying to protect the value of their bitcoins first.
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rafsoaken
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Re: Alternative Coins Value Dropped?
May 15, 2013, 08:23:54 PM
#10
Quote from: seleme on May 15, 2013, 08:21:03 PM
Bitcoin is in trouble and whenever it is altcoin suffers too as people are too busy trying to protect the value of their bitcoins first.
+1
The only way to get internet money into fiat is usually via BTC, so alts are sold for BTC which is sold for fiat.
My rep thread:
https://bitcointalk.org/index.php?topic=298590.0
sal002
Hero Member
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Merit: 500
Re: Alternative Coins Value Dropped?
May 15, 2013, 08:31:58 PM
#11
There is a 12 hour chart on my site for alt currency prices.
Side note - if anyone knows how to add zooming to highcharts, please PM me.
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