Bitcoin going down - altcoins bleeding again o WHY??????????????

[Tomak]

FUCK ME!

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[stifler_matricker]

True reaction!
feel the same: bitcoin go deep, Alts -20%, ETH under 300
where the money go?? FIAT?

[wojak]

FUCK ME!

Do not cry

https://www.tradingview.com/chart/BTCUSD/ST6S2lB4-BTCUSD-Bullish-Year/

[Tomak]

Yes, POLSKA gorom, tanio skóry nie sprzedam! Dzięki ziomek za wykres.LOL

[chukaday]

True reaction!
feel the same: bitcoin go deep, Alts -20%, ETH under 300
where the money go?? FIAT?

It is possible and I see some of having gone there but ultimately a lot of it probably hasnt shifted yet if you ask me. Be patient give it a few weeks yet I mean the bleeding didnt happen overnight no reason the patch should

be overnight too. Patience is key folks

[wojak]

Yes, POLSKA gorom, tanio skóry nie sprzedam! Dzięki ziomek za wykres.LOL

WTF?

[kryptqnick]

Altcoins have been down for 2 months now. Yes, sometimes they seem up but what I mean is that they don't even return to what they have previously achieved in terms of prices. Thus, nothing new today on this matter. Bitcoin -10% is also rather fine, it can easily recover afterwards, probably just a price correction, for it went up superfast. Bitcoin cash +43%, now that is interesting. I heard it has something to do with sales on equipment of mining, while others say it is due to segwit2x being abandoned.

[ditinhu]

Bitcoin has always been the basis of altcoins, when it falls the value does not give to predict what will happen, sometimes the altcoins go up in value and sometimes they drop the value.

We have to be patient because it can take months or even years for the altcoins to re-emerge again.

[oaks05]

tether at 1.01 volume over 600 million, thats a good place alot of the money is going until bitcoin cools down from this lil dump happening, expected a bit of correction with segwit 2x not being suspended. bitcion cash having a ton of volume today as well over 4 billion up 50%

[Deathwing]

Probably something about Bitcoin Cash, eh... Bitcoin will rise again. I dont even care at this point.

[Monkey1]

FUCK ME!

Do not cry

https://www.tradingview.com/chart/BTCUSD/ST6S2lB4-BTCUSD-Bullish-Year/

The graphics are very nice. It's normal for profit sales. But it's a pity that the altcoins fall this far.

[sorrysteve1]

True reaction!
feel the same: bitcoin go deep, Alts -20%, ETH under 300
where the money go?? FIAT?

Many people panic when bitcoin crashes as they don't understand how things work and so they remove all money from crypto, it is easy to see money is either being moved to BCC or simply removed all together, give it time, once bitcoin goes sideways alt coins will go up.

[oxonhu]

i think there no reason to sell alts. bcc seems winner since 20 days but it can over anytime. btc can rise again. they cancelled segwit2x so there are no free money but people will invest btc again for sure. alts will back their good times . we need just more time.

[Mascrypto]

BTC can not go up just yet. It is impossible in the continuous financial market. Currently I know that a good dive. Panic.

[Poink]

Mad dash to purchase BCH. 

[angaper]

It is really confusing to see that when the price of bitcoin skyrockets, the other altcoins tend to fall terribly. But when the price of bitcoin is depressed, all other altcoins fall into disfavor. Does anyone know what kind of cruel game this is, and if it is still appropriate to invest in altcoins against the always unfavorable scenarios?

[Poink]

It is really confusing to see that when the price of bitcoin skyrockets, the other altcoins tend to fall terribly. But when the price of bitcoin is depressed, all other altcoins fall into disfavor. Does anyone know what kind of cruel game this is, and if it is still appropriate to invest in altcoins against the always unfavorable scenarios?

It happens when one coin SUCKS lots of funds...this time it is BCH.  People are dumping alts to buy BCH.  Look at the 24Hr volume... $4.68 Billion !!!

It can happen too when say ETH suddenly have a huge demand.

[Bestname]

Does anyone know the reason why's bch pumping? I didn't see any real news about it, seems like whale shenanigans

[McWorse]

I believe, that we are witnessing a concerted market manipulation as revenge for the failed fork now, in order to undermine our trust in BTC and altcoins. Or isn't it funny, that the only real gainer today is the last fork of BTC? No.
It is a sign from an obvious powerful group of unknown people behind this manipulation, who are showing their power right now to us. They lost an unbelievable huge amount of expected money due the cried off fork. They are angry and extremely destructive at the moment. Be patient. Try to stay calm, act steady and smart. Good projects are good projects. Don't fall for impatience or fear.

[BMG86]

Does anyone know the reason why's bch pumping? I didn't see any real news about it, seems like whale shenanigans

Yea I'm wondering this myself. I'm thinking it has to do with segwit2x getting canceled. A lot of people are flocking to BCH due to its technical aspects vs bitcoins.