Altcoins prices

[lobo13hf]

why altcoins prices rapidly going down now

It caused by a lot of people are cashing out all of their altcoin and then move into the bitcoin. this make those don't care about how much they are selling their altcoin to get the bitcoin and then dump it to the market.
You can see the bitcoin price gets down and altcoin was following the bitcoin. Bitcoin was the main reason how a lot of the altcoin.

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[Welckomtome]

why altcoins prices rapidly going down now

there is such a trend, bitcoin grows altcoin cheaper .... bitcoin becomes cheaper, but altcoins vseravno cheaper ) and as for normal when it keeps one price for some time the growth of other currencies begins

[CTO@MyBitMine]

Prices of some altcoins are growing and some are falling. I don't see any problems here now really good oportunity for trading profit from altcoins.

[Docbee]

why altcoins prices rapidly going down now

It caused by a lot of people are cashing out all of their altcoin and then move into the bitcoin. this make those don't care about how much they are selling their altcoin to get the bitcoin and then dump it to the market.
You can see the bitcoin price gets down and altcoin was following the bitcoin. Bitcoin was the main reason how a lot of the altcoin.

If that is the case why is bitcoin price also dropping?

[nexus2k14]

why altcoins prices rapidly going down now

Right now all alts will go down because of bigger traders and whales spot that Bitcoin price has a momentum and it will increase, so they taking this opportunity and quick sell all alts they can. Most of the time is related BTC (up) - ALTS (down), sell quickly you portfolio and buy BTC, in other words, catch the train when price is still rising, this will cause alts price to drop and will help Bitcoin price rise as well, once Bitcoin price is significantly higher (enough profit - dump) sell BTC on first sign it will drop in value and enjoy profit!

[alarsincoin]

Prices of some altcoins are growing and some are falling. I don't see any problems here now really good oportunity for trading profit from altcoins.

There is a possibility that now the altcoin will fall to the bottom again. Bitcoin goes to correction and this will lead to the fact that many altcoins will fall. It is difficult to trade under these conditions

[chaosfourever]

Once again it is stupid bitcoin. I get so tired of bitcoin hurting alts and ruining communities because everyone is chasing the money. I hope that one day we can make alts what they really are which is alternate to bitcoin. They should be separate and then we dont need to worry about what dumb stuff bitcoin does.

[m.vina]

why altcoins prices rapidly going down now

Just relax, its only going down because bitcoin is correcting. With the sudden correction of bitcoin, altcoin prices were not given enough time to be able to adjust to the new Bitcoin value essentially making them valued cheaper than ever. However, this is just temporary and once people start moving money into alts again this will surely rise.

[USScrypto]

All coins are exchange with Bitcoin so its normal that all price went down because of decreasing of bitcoin price, be patinet it ll go up as soon as..

[Shint]

why altcoins prices rapidly going down now

Sometimes a good altcoin will take some time and effort to be supported by a lot of people in our community but due to rapidly releasing of new altcoins every now and then. People will less to support to a too good to be true altcoin when it is pumping too fast it will dump faster too.

[Malkazimir]

This is the standard situation when bitcoin begins to fall. There is nothing surprising in this. And do not panic. When the price stabilizes, this will positively affect the cost of many altcoins. We must continue to keep our coins. And even better - close the forum and start preparing for Christmas).

[gribble]

why altcoins prices rapidly going down now

For the simple explaining is because of the price of bitcoin is going down, so all of the alternative coins follow the bitcoin's price too, we know that the bitcoin is main digital coins, it is first digit coin in the world be used for price reference to all of the alternative coins. For the complex explain about the alternative coins price is going down, it depending on the aspects of fundamental alternative coins due to right now not all of alternative coins are going down, we can see dashcoin is up trend although the price of bitcoin is down, don't be fear the price will be going up again.

Yeah, we shouldn't be afraid though almost everything is turning red today, all prices will go up soon again, but which we don't know when? I cash out some of my bitcoin because I want to buy something important, and I'm lucky I cash it out at more higher rate and I can tell it is one good decision. But I still left more of my bitcoin because I believe bitcoin price will soon go to $12,000. Just guessing!  

Yes agree with you, although we don't know when the bitcoin's price goes up to $12.000/bitcoin at least right now many people who interesting into put their funds in bitcoin, it is mean the popularity of bitcoin increase by the time the price of bitcoin will be increasing up to $12.000/ bitcoin too due to the demand of bitcoin is increasing and the amount of bitcoin around the world is limited around 21.000.000 bitcoin it will be effect on the bitcoin's price.

[Usui-Chan]

Because everyone is paying attention to bitcoin now, and it is making bitcoin's price to drop, since altcoins depend on bitcoin, that's why they get low too.

[chimcoin]

Yes! I think you right. Bitcoin is getting more attention ,and being the first cryptocurrency,that(attention )and  awareness is expected in the industry. I also think that most Altcoin will improve with time to cover the difference, especially the price of Bitcoin.

[Steven-o]

Mostly getting dumped. It's just a fluctuation based on the bitcoin fluctuation. Which coins are you looking at for bellwether?

[gorodi]

It was just a small 1-2 days period, which was a trap that let people selling their altcoins. It was not a market correction. All the prices have grown again and the crypto market is ready to greet new investors.

[Jafri101]

The altcoins prices are not down for long terms. Their price will soon go up. Actually the market follow bitcoin, people are mad towards its high price. But the price of alts will be up when bitcoin will be stable.

[nambunamba]

Because traders want Christmas, they need to make profits and buy everything in their lives, they started a massive sell-off and this happened last year, so it is no accident.

massive sell indeed. people trying make the market profitable for them. glad im doing cut lose and buy at the right time. this could be good for some people and could be really bad for some people.

[Zandar]

The rise of Bitcoin over the last two months popped almost every alt coins worth, while they stayed the same dollar value their BTC value dropped down immensely. The only way for their BTC value to go up is to have bitcoin drop down heavily in value, so far that hasn't happened yet so people are getting out of the alt coins more and more by the day.

[12popi123]

many people just cashout and in this case you just do opposite and buy a dip