BittyBatty (OP)
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Activity: 49
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October 09, 2017, 07:04:08 PM |
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Literally all ALTCOINS are in downward spiral for past few days and very big today.
Whats going on ? Anyone have a grip on it?
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shillberting
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Activity: 103
Merit: 10
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October 09, 2017, 07:10:19 PM |
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Bitcoin Gold fork
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yishak
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October 09, 2017, 07:26:54 PM |
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Its because of the upcoming fork. Many people are exchanging their altcoins for Bitcoins because they want to receive free Bitcoin gold. Many people think that the same that happened with bitcoin cash could happen to bitcoin gold. If you have bought many altcoin then don't panic and don't sell now cause the alts will make huge recovery after the fork.
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senin
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October 09, 2017, 07:29:04 PM |
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To the periodic drop in the rate of altcoyn it is necessary to get used to. Crypto currency is very volatile. This is one of its characteristics. However, after the fall of the course, its growth will definitely be, and in this it is necessary to find advantages, for example, for good trade.
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RichardBTC
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October 09, 2017, 07:32:52 PM |
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its definitely because of the upcoming bitcoin fork! People want to hold more bitcoin at the time of the fork to get more bitcoin gold. but there are a few coins holding one, one is DeepOnion, its doing very well holding the price and actually increasing a bit. The hodl is real with this one  |
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Hui8
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October 09, 2017, 07:34:03 PM |
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Bitcoin Gold fork
Yup that's what happening. As usual people are afraid of loosing the free money and hence they are trying to buy as much bitcoins as they could into their wallets. This will increase chances of getting free equivalent bitcoin gold in the coming days after the hard fork. They will also don't want to loose the altcoins for the fork purpose and hence trying to secure the money with altcoin. That also explains why the prices of bitcoin are increasing right now. |
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cynical
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October 09, 2017, 07:34:29 PM |
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Yes it could be because of the bitcoin fork, people want to get free coins so there could be a lot of trading from altcoins to bitcoin.
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BadGuner
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Activity: 226
Merit: 10
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October 09, 2017, 07:34:36 PM |
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Who have Bitcoin now can get Bitcoin Gold and Bitcoin which can be formed as a result hardfork SegWit2x.
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sparg
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October 09, 2017, 07:34:59 PM |
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Maybe of the bitcoin hard fork. People buy bitcoin to get the forked one. The last fork of bitcoin made a lot of money for those holdin btc
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romeo111
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October 09, 2017, 07:35:21 PM |
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Literally all ALTCOINS are in downward spiral for past few days and very big today.
Whats going on ? Anyone have a grip on it?
Yes dear every Altcoin has been dumping last 2 days. I think BTC rate is very high and it has pumped, because altcoin have dumped. don't worry i think it's not a matter, Altcoin will pump today or tomorrow. |
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candy27
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Activity: 104
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October 09, 2017, 07:39:43 PM |
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Its because of the upcoming fork. Many people are exchanging their altcoins for Bitcoins because they want to receive free Bitcoin gold. Many people think that the same that happened with bitcoin cash could happen to bitcoin gold. If you have bought many altcoin then don't panic and don't sell now cause the alts will make huge recovery after the fork.
Are any exchanges going to be listing bitcoin gold? |
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marados
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Activity: 406
Merit: 10
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October 09, 2017, 07:46:08 PM |
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Its because of the upcoming fork. Many people are exchanging their altcoins for Bitcoins because they want to receive free Bitcoin gold. Many people think that the same that happened with bitcoin cash could happen to bitcoin gold. If you have bought many altcoin then don't panic and don't sell now cause the alts will make huge recovery after the fork.
Are any exchanges going to be listing bitcoin gold? I don’t think there has been yet any information from exchanges because it is actually to early for it, also I’m pretty surprised that dumping alt coins and buying BTC for hard fork happened this early... we still got 16 days left... |
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anasso
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October 09, 2017, 07:57:41 PM |
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poeple buy bitcoin to get free money after fork!
bitcoin will also dump by the next week because whales want to get cheap bitcoins!
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BitcoinExpart
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October 09, 2017, 08:05:37 PM |
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All scenarios are involved coming Bitcoin fork. People wwant tto get free money, turn alts to btc, this is what the current bloodbath of ALT coins. Just hold your breath and go away few days before the panic is over!!
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FrankNoland
Copper Member
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Merit: 253
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October 09, 2017, 08:17:51 PM |
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Literally all ALTCOINS are in downward spiral for past few days and very big today.
Whats going on ? Anyone have a grip on it?
This might continue even in the next coming days, its because of upcoming bitcoin fork, hopefully they will recover once this is all over, bitcoin might begin reaching new all time highs within the next few days. This might be that a lot of investors are dumping their altcoin investments into bitcoin so that they will be able to claim more bitcoin gold, hopefully. |
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shursight
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October 09, 2017, 08:20:00 PM |
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Most altcoins are down because a lot of people are selling their coins to buy more bitcoins and ethereums.
But most people is buying bitcoin because they want to have more before the fork.
And this is the main reason of why the price is going up so quickly, it made more than $400 today, (about 8% of increase in 24 hours)
so it is amazing, but it is going up so quickly, we need to see how the market goes tomorrow.
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BitSat
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October 09, 2017, 08:23:37 PM |
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poeple buy bitcoin to get free money after fork!
bitcoin will also dump by the next week because whales want to get cheap bitcoins!
You are right just this Fork is involve and hurting too much but need to stay calmed because once this is going to end they will recover again and all business will start again as usual currently most of peoples just waiting for free money and buying bitcoin as they can right now |
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rainbow169
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October 09, 2017, 08:24:08 PM |
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All money are flowing into Bitcoin to get free airdrop for the bitcoin gold, it will be interesting to see whether people will also hold for the 2X fork, if so then there will be more to fall for the altcoins. You just need to weigh up your estimation of the profit from bitcoin gold, is it going to be 10%, 20% or even more of bitcoin value, or will you gain more on altcoins.
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khan149
Copper Member
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Activity: 463
Merit: 251
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October 09, 2017, 08:49:47 PM |
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ALTCOINS market situation is very bad.because of the upcoming fork.Hopefully, everything will be okay after 25th. Now the investor has decreased. Everything is going to hold Bitcoin
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naglas
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October 09, 2017, 08:55:18 PM |
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Its because of the upcoming fork. Many people are exchanging their altcoins for Bitcoins because they want to receive free Bitcoin gold. Many people think that the same that happened with bitcoin cash could happen to bitcoin gold. If you have bought many altcoin then don't panic and don't sell now cause the alts will make huge recovery after the fork.
Is there any reliable information if they gonna do the same with bitcoin gold as they did before? |
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