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aso118 (OP)
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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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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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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 (OP)
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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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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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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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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?
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May 15, 2013, 08:20:32 PM
 #8
Not Mincoin. It keeps rising. ( check www.mcxnow.com )
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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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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
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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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