fredforthewin
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Activity: 79
Merit: 11
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October 10, 2017, 08:24:46 PM |
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pump and dumps and getting ready for the fork would be my guess.
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various
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October 10, 2017, 08:33:18 PM |
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people's confidence in altcoins has decreased. For example, I lost a lot of money because of the shift. I think it is more reasonable to stay in bitcoin or ethererum these days
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nominee
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October 10, 2017, 08:38:29 PM |
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people's confidence in altcoins has decreased. For example, I lost a lot of money because of the shift. I think it is more reasonable to stay in bitcoin or ethererum these days
This was always like this. Bitcoin and ethereum became the stable assets for market shifts. And staying in there is much more logical nowadays. But we didn't know this before the shift occur.
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kafeelniazi
Full Member
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Activity: 287
Merit: 100
Organic PR on Tier 1 media
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October 10, 2017, 08:39:53 PM |
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why all red ?
look like all crpytocurrency is dying except for btc
common fact. "growing got attention" so this is why all red because they are not growing and lose people attention. but I don't sale or convert my altcoins because i know one day they will rise up like bitcoin in last 8 months.
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"Unlock Your Project's True Potential with Leading Media Exposure: Get Featured on Forbes, Coin Telegraph, USA WEEKLY & more – Gain Global Recognition and Skyrocket Your Success!"
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happyme1818
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October 10, 2017, 08:40:41 PM |
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why all red ?
look like all crpytocurrency is dying except for btc
It is normal, but usually altcoin are down when bitcoin goes up. Another factor is the incoming calls fork. Many are accumulating bitcoin to get more free bitcoin gold.
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el kaka22
Legendary
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Activity: 3668
Merit: 1166
www.Crypto.Games: Multiple coins, multiple games
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October 10, 2017, 08:43:07 PM |
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Same thing as when BCH was coming out everyone sold their alts in order to horde btc. Just wait it out or start buying some more altcoins and it'll readjust after.
Exactly. Just after the hardfork alts should be pumped for sure. No doubt about that as people will quickly want to buy back at dips and we will end up seeing the value of these coins shooting up pretty fast after the fork. Bitcoin on the other hand should have much push ups than we already have as so many will also be dumping their BCC for BTC. Thinking of buying few alts anyway, once the dips are fully levelled as they huge comeback will be as good as having free coins as well for the altcoins.
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oegarod
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October 10, 2017, 08:48:39 PM |
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why all red ?
look like all crpytocurrency is dying except for btc
It is normal, but usually altcoin are down when bitcoin goes up. Another factor is the incoming calls fork. Many are accumulating bitcoin to get more free bitcoin gold. During the past price pumping, along with bitcoin most altcoins grew higher. This time the price of bitcoin is growing high and only very few alts show signs of price increase. Maybe by the upcoming fork once again the same scenario as the past prevails.
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imperatron
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October 10, 2017, 08:53:00 PM |
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I think a lot of coins will go to 1 sat again! Only the strong coins will make it!
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hakuna
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Activity: 112
Merit: 10
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October 10, 2017, 08:58:24 PM |
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why all red ?
look like all crpytocurrency is dying except for btc
It is normal, but usually altcoin are down when bitcoin goes up. Another factor is the incoming calls fork. Many are accumulating bitcoin to get more free bitcoin gold. During the past price pumping, along with bitcoin most altcoins grew higher. This time the price of bitcoin is growing high and only very few alts show signs of price increase. Maybe by the upcoming fork once again the same scenario as the past prevails. I think until the end of October, people will stay in BTC, or eventually cash in FIAT, should BTC experience a major retracement. Then, ALTs will gradually recover. When BTC is down, ALTs are down, when BTC is up, everyone is buying it and ALTs are down. In my opinion, ALTs just need a period of low BTC volatility.
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Gameflip ICO
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Activity: 112
Merit: 10
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October 10, 2017, 09:01:53 PM |
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why all red ?
look like all crpytocurrency is dying except for btc
People are exchanging into BTC to get more Bitcoin Gold when fork takes place.
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Argoo
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October 10, 2017, 09:08:01 PM |
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It is always necessary to take into account that the crypto currency has a very high volatility. Against the backdrop of the recent negative reports from China on the suspension of the ICO and the prohibition of crypto-exchange exchanges trading in Crypto currency, the rate of all digital currencies fell sharply. Now the crypto-currency market has practically stabilized, bitcoin is already trading at $ 4,800, and therefore soon you should expect a good growth in the price of other altcoys.
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Kidmat
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October 10, 2017, 09:08:39 PM |
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why all red ?
look like all crpytocurrency is dying except for btc
People are exchanging into BTC to get more Bitcoin Gold when fork takes place. This is happening always in the market the red blood days. Altcoins low price when the btc price rises high, maybe one of the reason is the upcoming hard fork and yes possible for the preparation some to have bitcoin gold. Well lets observe the altcoins price it will recover eventually.
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geac.xraekhurcoe
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October 10, 2017, 09:09:48 PM |
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Bitcoin is the only one Blue Chip on the Crypto Market and this is how the market works, despite a lot of math there is almost no rationale on price movements beside the already told BTC forks.
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AleSergio
Sr. Member
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Activity: 378
Merit: 250
BuyAnyLight - Blockchain LED Marketplace
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October 10, 2017, 09:11:01 PM |
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Bitcoin fork is coming on 25th of October, thats why all altcoins are going red and everyone are investing in bitcoin at the moment. Just wait until november and everything would be fine.
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CrypticSatu
Newbie
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Activity: 33
Merit: 0
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October 10, 2017, 09:12:14 PM |
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Seems I need to get some more bitcoin.
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BestWebCreator
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October 10, 2017, 09:21:11 PM |
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It is common fact that people take interest in growing products. BTC is popular now seeks everyone their attention, altcoin holders convert their tokens into Bitcoins and that is why other altcoin now red. Don’t worry it is always like this, every altcoin will be back up after btc falls a bit down. So my advice is to hold your coins and do not get fooled by this crazy market.
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keycellko
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October 10, 2017, 10:33:48 PM |
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why all red ?
look like all crpytocurrency is dying except for btc
Looking at it, would simply fall down to one. The hardfork for bitcoin is coming. Come oct 25th the.notion that all who has btc will have free money then everyone is selling their altcoins and buying btc. This is not nee. This has happened before in the previous fork.
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PANK21
Full Member
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Activity: 342
Merit: 108
Bounty Detective
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October 10, 2017, 10:54:42 PM |
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why all red ?
look like all crpytocurrency is dying except for btc
Well its not that complicated you see, based on my observation if the demand and price of the altcoins increase then the bitcoin will definitely drop. But when the demand and the price the altcoins decrease then the bitcoin will definitely increase its value.
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jayc89
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October 11, 2017, 06:46:37 AM |
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why all red ?
look like all crpytocurrency is dying except for btc
I try to invest in a certain project if it has the right amount of features that has the people wanting to get more usage of the coin. For instance, Ethereum is one of the coins that feature a smart contract.
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yunuzov
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October 11, 2017, 06:57:40 AM |
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We keefp getting important news. Like we got from Russia yesterday. It is normal for markets to get affected from big news. Especially there are lots of crypto users in Russia and China so they have a big affect on markets when they do something.
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