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Author Topic: All coins are now dying, what do you think?  (Read 16591 times)
P5YCH0x
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October 16, 2017, 01:39:35 AM
 #41

it's just a combination of a rise in btc and the bitcoin gold fork
meldrio1
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October 16, 2017, 01:42:30 AM
 #42

I'm surprise the altcoin that I trade is going down because of huge pump of bitcoin sadly I sell it before its going down deeply and possible it will never going up because of the power of bitcoin.

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October 16, 2017, 03:10:48 AM
 #43

Yes. nowadays the price of btc and ETH increased very high since last week.btc crossed up to the 5200$ so the other altcoins price went very down.but I think till the end of October month the price will go higher of altcoins.so if you have any altcoins then I suggests you to not sell in loss and hold it.And wait for the price increasement.
@prashant
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October 16, 2017, 03:17:28 AM
 #44

it is not dying just it has dumped due to hype created by bitcoin gold and it will over by the fork  and price will regain its regular trend .the main problem are whales manipulation which more lead to dumping of altcoin ,as they control market ,they buy cheap altcoin by creating dump hype.so it is also best time to buy and make profit out of it later.
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October 16, 2017, 03:32:14 AM
 #45

Because of this the sales of holders of their altcoins to be sold by Bitcoins. We know we will receive BTG if we hold Bitcoins and of course this is free money so this is why the Altcoins are falling down. Of course the market is down and rising so we expect that after Hard Fork will increase the Altcoins again and the BTC will fall
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October 16, 2017, 03:37:52 AM
 #46

The entire market is in the red. Everyone has lost money. What do you think?

Why do you think that everyone is losing money? Are you sure about it? I guess the altoins are turning red because many people are jumping into bitcoin because of the aggressive surge of value of bitcoin. They have made money I guess with this strategy rather than when they stayed with their altcoins. But for sure they would again buy back their altcoins with a lot cheaper price.

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October 16, 2017, 04:19:53 AM
 #47

Cheesy don't worry, I think that people are selling altcoins to buy bitcoin as BTC price has gone up to $5800 and they believe that it continues increasing in the future. Could you tell me some good altcoins to buy now?  Cheesy
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October 16, 2017, 04:50:30 AM
 #48

This is not the 1st time that it has happened. In fact, it has happened over 10 or even 100 of times. You do need to know that almost all the coins wont be able to outpace bitcoin in the past but now that the value of bitcoin has increased so high, alt coin will have greater interest and that is why so many ICO. ICO is affecting all the coins as they dilute the market but at the same time give greater competition.
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October 16, 2017, 05:02:46 AM
 #49

The entire market is in the red. Everyone has lost money. What do you think?
No, the entire market is not in the red at all. Bitcoin is at his highest point as of now, and that's the reason why the other altcoins are falling. Bitcoin forking is the most probable reason behind the fall of these altcoins. The good thing is that, bitcoin forking will not happen everyday, so for now, it's all about keeping your altcoins. After the forking, expect the altcoins price to rise up again as it is expected that investors who invested in bitcoin before the forking will be putting their money in altcoins.
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October 16, 2017, 05:06:45 AM
 #50

The entire market is in the red. Everyone has lost money. What do you think?

It will catch up when the dust from bitcoin's rise settles.It is always like this when bitcoin is surging up, and it is the best time to buy your fave coins at moments like this.
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October 16, 2017, 05:27:09 AM
 #51

Now, many before the forthcoming fork of bitcoin and the separation from him Bitcoin Gold, some of their deposits are transferred from the Altkoins to Bitcoin to get a coin for free. In this regard, the demand for altcoins is falling and they are losing value. After the spent fork, the reverse process will begin and the altcoyins will come to life and begin to rise. This is the market and you need to get used to it and do not panic.

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October 16, 2017, 05:36:11 AM
 #52

i am not too worried with this because i know there will be a time for altcoin to gets increase again but of course after btc gets stable price and now we are waiting what will happen after the fork. and once this is settle, i think we can see the altcoin price can increase again but i realize that almost altcoin price is now in the red but i think in bittrex, there is still many coins is on the green zone so we can still make profit with that coins.

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October 16, 2017, 05:37:13 AM
 #53

No they are not dying because dying would mean there are no movements on these coins, the reason why it dived down is because of the sudden increase of bitcoins price. Just wait till the fork or when bitcoins price goes down and these altcoins will try to increase back its value again.
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October 16, 2017, 05:39:45 AM
 #54

First of all, as long as there are users for a decentralized cryptocurrency it can not die. That's even if its monetary value is zero in the market.

Secondly, with all the utility coming out of the now enlarged cryptocurrency economy I think that it is unlikely that it would die.

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October 16, 2017, 05:42:40 AM
 #55

Up and down is usual graph in market. If there is now bad news then definitely then all will rise back.

Be patient and hold.
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October 16, 2017, 05:51:58 AM
 #56

its due to the fork, now is the time to BUY ! Cheesy

although yes, i do think many altcoins are dying, but thats because shitcoins.
the pricing going on at the moment is due to the upcoming gold fork
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October 20, 2017, 07:50:50 AM
 #57

why?
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October 20, 2017, 08:02:12 AM
 #58

Altcoin is far from dying! Not everyone has lost money as you claim. You need to realize that altcoin moves and grow in cycle. If you are aware of this you will know that these bear period is simply a sales period. Everything is on sales now and you should grab as much as you can.

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October 20, 2017, 08:39:22 AM
 #59

Dont panic its just a hardfork impact.
They gonna be fine in next week.
Just calm down and hold your coin.

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October 20, 2017, 08:41:38 AM
 #60

I will just keep hodl
it is just a normal thing to happen because btc is rising, lets wait until it stabilizes then alts will start to turn green

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