EVERY SINGLE COIN is down!!

[Passive Coin]

This is what I dislike in alts trading/holding.
When BTC is getting drastic drop in a very short time, majority of altcoins follow the dump.
Especially we could see this scenario in Litecoin.
But, in yesterday's BTC drop, even NEO and other coins gone down drastically.
BTC have really big impact on the whole crypto world.

[anthinguy21]

Really? Maybe you forget what happened when China banned ICO in their country ). The only color you could see on the coinmarketcap was red ). It's really normal, don't worry. Just because Bitcoin price dumped so other cryptocurrency also dumped as well. But for now Bitcoin price is increasing back so I think this case will not last for so long.

[mobilazy]

And some exchanges sell bitcoin way above market price. Like ETH having a little spread and BTC one is huge like 300+ USD. I'll probably never stop bi*ching about BTC commission and exchange greediness  How to buy on dips if this sh*t happening all the time!

[bhabygrim]

Every single coin is going down in the list. I have never seen like this where every single coins go down.  I have seen where most of them were down but at least 10 or 20 coins were up.

But this is the first time where every single coin is going down.  Did it ever happen before?

A lot of altcoins are going down because people are starting to dump their alts for bitcoin. They are riding the wave because it's a good opportunity to earn money. However, to some people, it is an opportunity to go shopping for altcoins. Altcoins are good for short trading, when bitcoin price becomes steady again people would go back to altcoins and if you were able to buy them cheap, you can earn a lot of money after the bitcoin price hike.

[trecore4]

And every coin is up again if you check the graph at this very movement. The thing is, ups and downs of this market will never stop in the first glance. The market corrections, panic sells, low buys and everything will always happen. Sometimes they happen at different time and sometimes they will happen at the same time leading to major drop in the all coins, like the same way it happened right now.

Anyway look at this scenario in completely positive way and try to grab as much coin as you could which you think will be potential rise sooner. That way you can grab the profits in very short time and that too a lot of it. :-)

So be curious about it and nurture the market with full fledge.

[jekjekman]

i have been experiencing this altcoins crumbling down twice. i guess you a newbie to crypto currency as i am because many has mention on the previous comments that it happened many times. i consider this situation is a right time to accumulate more coins in a lower price, then we just have to wait until they recover to get some profits

I think this is the second time that it happened in 24 hours. Most probably there are people who is trying to pull the price of the coins down. But personally What I am seeing here is that the price of all the alt coins are now being based on Bitcoin.

Before when Bitcoin's price is going down other an altcoins are going green but after the Bitcoin crossed the $10,000 level altcoins are going with bitcoin's price. Does that mean that people are converting it to fiat directly and not to an alt coin?

[poplolnman]

Every single coin is going down in the list. I have never seen like this where every single coins go down.  I have seen where most of them were down but at least 10 or 20 coins were up.

This is not the first time, it is normal correction after huge surge. I have seen blood bath like this before too, not once but many times.

Huge surge with several corrections in middle will make pump stables and help to build enough buy support to keep prices high. Corrections are necessary for healthy price growth.

bloody market means it's time to prepare your buy position , you should always hold both crypto and fiat at the same time. so you wouldn't miss the opportunity like this. a shocking price growth of bitcoin in the last few days considered as just a bubble it's unwarranted by the fundamentals. the price move up quickly with less support and now we can see the real price in the next days.

[readygoaw]

Please, do not be panic stricken. It is just an effect of November, 28-29 boom and hype about Bitcoin. Everybody rushed to the exchanges, and their work was shattered. Let us wait a day or two to come to some scary conclusions.

[btcwish1]

Here we go again.  Another day with every SINGLE COINS down!! and this time even worse than before:

[Scorpion]

I'm actually observing this for the first time too. It's a huge correction from that wave of new adopters at the end of 2017. It's crazy to watch and it's kind of exciting to see where we go from here. I think some people are are happy because they can strengthen their positions today.

[yojodojo21]

Yes, and those valued coins are down 10% decrease and this is really scaring the eggs of panic sellers, they didn't know that this is part of the game, crypto currency are widely making its adaptation through every country so this is just a starting on how to be a millionaire.

Other reasons can be the forks and segwit but most experts say that price decrease is a good advantage to wise investors. Trading now with altcoins are good and can be done, so enjoy it now a days.

[jakezyrus]

I'm actually observing this for the first time too. It's a huge correction from that wave of new adopters at the end of 2017. It's crazy to watch and it's kind of exciting to see where we go from here. I think some people are are happy because they can strengthen their positions today.

its not a correction anymore if its huge rather that is what you called a crash and that is were experiencing right now especially on some tokens and altcoins but bitcoin right now is still recovering however it drops a little bit sometimes but overall there is still nothing to worry about it becuase that is still normal and part of the game. you are also right that most people will find it an advantage its because they can now have an oppurtunity to buy those coins that is currently on a dip phase.

[fxstrike]

NEO is kicking up back right now, reaching upto 12% already at binance not sure what other exchanger shows though, coinmarketcap still shows negative at 24h %

[pat4cryptoreal]

Most time when the price of bitcoin is down all other coins are always affected because the by-product of all other coin is bitcoin.

[pocketfullofpoke]

I've been in cryptos few months back but as i understand, this is all normal scenario as every digital currency is prone to fall down its market value for being so volatile. I believe every crypto can surpass this ordeal and everything will be back to normal again especially digital currencies on the top 30.

[btcwish1]

I am not sure if we can call it a correction. because correction was when it hit 20k and then fall back t 16k.   But this really seems like a crash for whatever reason..

[gakadem]

for some people might have regarded this as an end, but this is precisely the perfect feed for me to buy some altcoin
buy at the lowest price because it will not last long, I will not give up this opportunity

[katinko]

Yes i also notice that all coins is dropping, i think it is a nightmare here in crypto currency world, i think it is because many country are now starting to banned bitcoin and the whole crypto currency that is why the demand are now decreasing and it was reflected in value of all coins.

[btcwish1]

Yet again it keeps on crashing!!  BTC is in support line 

[mc.craigsvictor]

Its a market nature . i think its perfect time to buy . just be calm and hold your coins till it rise up again. It is just a panic sell. Bitcoin and other cryptocurrencies will be back soon