tiggytomb
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October 09, 2017, 09:29:33 AM |
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This does tend to happen every now and then, it could have something to do with the upcoming fork where we will see bitcoin gold coming into play as there was a lot of 'free' money with the bitcoin cash fork so I expect people will be getting their bitcoin ready for the snapshot and hoping to make some cash.
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swissgang
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October 09, 2017, 09:30:46 AM |
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I call it signals of altcoin market collapse because it is obvious that we just need bitcoin and few altcoins. If it is a crash caused by bitcoin fork , collapse is soon as well don't worry.
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Vansire
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October 09, 2017, 10:17:18 AM |
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Looking to buy alts at their lowest point in the next 2 weeks and wait for the prevailing Bitcoin to stabilize. When Bitcoin becomes boring alts will pump again.
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Hagmonar
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October 09, 2017, 10:28:15 AM |
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why all red ?
look like all crpytocurrency is dying except for btc
I think this is just a regular for an altcoins even bitcoin and etherium also red sometimes this is just a normal process for a crypto currency some people doing is buy more and stock then sell it if the price goes up
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leslie4u
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October 09, 2017, 10:31:18 AM |
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I think the red is because of the upcoming fork and reminds me what happened few months back. Also the red is caused by some panic sale executed by weak hands. To be honest it is good that the alt coins are red, atleast for me...I can go and do some shopping now. After fork, all these will be pumped for sure. However there are some coins which are truly holding it's value.
Let just wait and see the dip and rise.
Happy Trading fellas
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coingrow
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October 09, 2017, 10:42:30 AM |
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Looks like from your question that you are new in cryptocurerncy trading. This is regular, the alts had reached an ath during july and are cooling off now because of bitcoin fork news. If you have already bought alts, hold them till q1 2018 atleast, if not then this is a good time to buy some.
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DaftAjax
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October 09, 2017, 02:08:09 PM |
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Looks like from your question that you are new in cryptocurerncy trading. This is regular, the alts had reached an ath during july and are cooling off now because of bitcoin fork news. If you have already bought alts, hold them till q1 2018 atleast, if not then this is a good time to buy some.
Well that is the smartest thing to do, to hold all you coins and wait for its pump in value. To make a lot of profits to your investments and all your time effort. One of these people's fault is that, they are selling their coin once they've actually received it. That's wrong because they will never have the chance to get their coin to a more profitable state.
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SimilarCoin
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October 09, 2017, 02:18:35 PM |
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The easy way to make money is to buy after a dip in market prices.
Next, wait for the price to start moving up and then dump every thing.
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KluFf
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October 09, 2017, 03:11:20 PM |
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as Long all the Coins Go down. alt coins and Bitcoin. they are still in Ratio .. the only bigdeal is they just change the Exchange in USD. The proportion of the coins is Okay, if all of the coin is affected in price drop. and they will go price up a soon as possible .. it always happen.
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lidd0512
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October 09, 2017, 03:14:11 PM |
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it was said for the reason of btc fork,people turned to buy btc and abandon altcoin,it could simply explain the situation.
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shimbark123
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October 09, 2017, 03:25:45 PM |
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It is because of the rising of btc. GO and take profit at 5200 usd. And after that it might be the alternative coins turn in making itself grow after the growth of bitcoin. And with the growth of altcoins there could be the downfall of btc.
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PhucS
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October 09, 2017, 03:26:29 PM |
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In my opinion, this is not surprising, if you are an experienced in the cryptocurrency market you will find it very normal. Altcoin is so, its value is constant fluctuations, there will be all the same decrease and also at the same increase. They may also be affected by the value of Bitcoin, but Bitcoin is slowly recovering.Bitcoin prepares the next hardfork, which may also be the reason they are falling, I think so. But do not be too anxious, maybe it will quickly recover and increase again ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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btc78
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October 09, 2017, 03:28:29 PM |
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Its just like a matter of DEMAND and SUPPLY..id demand increase price will increase too.and so as if supply increases the price will decrease.but it does not mean that price will be stable.so just wait for right timing to release ur altcoins
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HushRah
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October 09, 2017, 03:30:30 PM |
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At the moment, there are so many of them, its difficult to identify which one's a legit and which is illegitimate. sic.
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jimbo2000
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October 09, 2017, 03:31:00 PM |
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People are rushing to buy bitcoin because of the recovering price and the upcoming fork(s) where they will get free coins and potentially earn a large %. In order to do this they dump their altcoins and the price goes down.
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███████████████████████ ▀▄ Platio ▄▀ ███████████████████████
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BitSat
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October 09, 2017, 03:34:58 PM |
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It is because of the rising of btc. GO and take profit at 5200 usd. And after that it might be the alternative coins turn in making itself grow after the growth of bitcoin. And with the growth of altcoins there could be the downfall of btc.
This is regularly happening for last few years as Bitcoin price rising Altcoins going down very badly and as its hold in bitcoins its time for altcoins to become in action currently bitcoin is going to touch new highs and most of peoples looking for good profit from this just because of this they are going down but they will rise again currently time for buying some solid coins
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Svelto
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October 09, 2017, 03:45:33 PM |
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The reason why altcoins are in red because Bitcoin price is rising steadily now, therefore altcoins are weaker compared to Bitcoin.
Traders tend to cash out altcoins to buy bitcoin for receiving Bitcoin gold during the forks.
Take it as a chance to buy altcoins at a discount. The altcoins will recover, just hold.
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rajuahmed330
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October 09, 2017, 03:57:08 PM |
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why all red ?
look like all crpytocurrency is dying except for btc
I am also thinking this. Bitcon price is growing up more and more.This is the main cause of all alt coin price is dumping now. But if it going still as usual, then alt coin price will also grow up.
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Be hardworker
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razzbee
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October 09, 2017, 04:01:35 PM |
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Lets wait till the new bitcoin fork is done, actually things like this happens always
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