Altcoins are dying !!!

[jakezyrus]

altcoin is dying because at this time altcoin prices are experiencing a significant decrease due to the effect of bitcoin. but in the future altcoin will get better and not always altcoin will be dying.

i dont think alts are dying because  i see that most of them are still increasing and some are stable. decrease for altcoins are pretty normal but they may still recover just like on bitcoins. i guess this is just a small correction and not a manipulation though some factors may also cause for alts to decrease like for example some altcoins enthusiast and trader are now selling some of their coins just to invest on bitcoins due to the fact that bitcoin is still pumping rapidly and expected to increase even more just before the end of the year 2017.

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[Bonanzacoin]

NOPE THEYRE ON FIRE! 

[mirakal]

altcoin is dying because at this time altcoin prices are experiencing a significant decrease due to the effect of bitcoin. but in the future altcoin will get better and not always altcoin will be dying.

i dont think alts are dying because  i see that most of them are still increasing and some are stable. decrease for altcoins are pretty normal but they may still recover just like on bitcoins. i guess this is just a small correction and not a manipulation though some factors may also cause for alts to decrease like for example some altcoins enthusiast and trader are now selling some of their coins just to invest on bitcoins due to the fact that bitcoin is still pumping rapidly and expected to increase even more just before the end of the year 2017.

There are altcoins out there who will surely die especially when they lose volume because people are investing with bitcoin as the price is increasing. Choose wisely, and if you believe on the coins you buy, you must have the patience and hold it longer because when investors notice that the project is progressing, we can surely see some price pump and that will make us happy, it's all about patience in the crypto world.

[OriginTrain]

You must understand that the 24 hour % change of the coin is not reflective of a pump or dump, you should rather look at the monthly average. If a coin moons 50% one day.. and then falls 10% the next.. that's a 40% moon over 2 days, not a dump.

[kevpantof]

altcoin is dying because at this time altcoin prices are experiencing a significant decrease due to the effect of bitcoin. but in the future altcoin will get better and not always altcoin will be dying.

These people are here only for making buzzes. They don’t know the actual point of fact, all they know is to yell without having any prior knowledge. They need to understand this fact that crypto currencies are the future of this world.

They will not de, or even if it is so, this would be a time like min 6-7 decades right from today. They are only creating rumors and make everything problematic.

[kafeelniazi]

That is good sign that BTC price is dropping. It indicate that a correction has sets in. Previously other altcoins prices were dropping because people were dumping there money to BTC from altcoins. Now after correction for BTC has sets in altcoins are flourishing now and it is a healthy thing for crypto economy.

[Ros-In]

its depend what altcoin because many altcoins have good future and profitable like eth and ltc, hold that coin for years and get long term profit

[Lodi0808]

Says who? Thats basically the rule of supply and demand I guess this is the best time to sell and buy afterwards when the become low

[herurist]

just woke up on this massive dump !


what do you think it's causing this ? and do you think this is the best time to buy ? or it will dump even more  

Too much seller but there's only a few buyer, just like that and nothing to worry about it. It's just temporary trend and this is the right time to fix ( buy/ sell/ hold ) our asset. Most people get " panic " because not ready but some people make opportunity make money when this is happen ( speculation ). Stay calm and patience because this is the right time to buy not sell. Have a nice day. 

[Kemarit]

Hmmm. Exactly a week ago the OP see's the altcoins are going down, making him to comment that they will be die. LOL. Look at most of the altcoins today and wish that you didn't open this thread and make you look like dump in the crypto world. It always like this if you are still not aware of. Sometimes people cash out and move funds to other investments that why it will go red. But then after a week, with Bitcoin price skyrocketing and trickling to the altcoins markets, almost all of the top altcoins are getting all-time-high and even surpasses bitcoin jump in price. Plus a lot of news have been going around the altcoins like UBS reports, ETH future contracts. So I imagine altcoins mooning in the beginning of next year. And NO, they wouldn't die, but rather stay here for good as long as there are interested investors willing to rain them with cold cash.

[acener]

just woke up on this massive dump !


what do you think it's causing this ? and do you think this is the best time to buy ? or it will dump even more  

I don't think so. The thing is the altcoin also have the same quality as bitcoin which is volatility. Due to altcoin's volatility there is a high possibility that in time it's value will still increase. We should all keep in mind the almost all online currencies are volatile which means we cannot just assume that it's value is low forever.

[Supercrypt]

It's not the first time alts dumped like that and every single time they recovered. They will do so again, you just have to be patient.

Apparently not! It is not really a new thing. The alt markets are known to always follow some particular trend based on the trend going on with BTC. For example now, BTC is stabilizing after the long bull run and Alts are always meant to be in good shape with different set of activities going on for them. Once we see some crazy moves again, they are always bound to happen.

I think this is a good time to buy those alt coins. When all the alts going red and bitcoin going green, it's the signal to buy some alts.

Always a good time when red, but it is best to take one's time than rushing to buy them. Some of them usually have some free falls eventually and buying when you think the dips have finished may make you to wait a whole long time before you start seeing profit. However, those are always the moment to buy some good alts as they will always get pumped back anyway.

[TorbiK]

Now they will start to bring money to the altcoins. You just look at how it all grew in a week. Litecoin, Ethereum, all in general!

[Caladonian]

You must understand that the 24 hour % change of the coin is not reflective of a pump or dump, you should rather look at the monthly average. If a coin moons 50% one day.. and then falls 10% the next.. that's a 40% moon over 2 days, not a dump.

I like the idea, its logical to say that reviewing each movement will allow us to know whether the coin we supported is just a part of pumped and dumped
group or a real project that will grow eventually, the movement from the chart is a good basis to know if holding can be profitable in the long run or you
can also do some stop and loss so you can re enter to a much better position.

[Borisb52]

Now altkoins are heavily dependent on the course of bitcoin. Therefore, in my opinion, altcoins need to be traded very carefully, constantly reverting to bitcoin. That's when the altkoins become independent of bitcoin - then the altkoins will become more stable and they will be able to trade without risking much to go into minus.

[TravelMug]

You must understand that the 24 hour % change of the coin is not reflective of a pump or dump, you should rather look at the monthly average. If a coin moons 50% one day.. and then falls 10% the next.. that's a 40% moon over 2 days, not a dump.

I like the idea, its logical to say that reviewing each movement will allow us to know whether the coin we supported is just a part of pumped and dumped
group or a real project that will grow eventually, the movement from the chart is a good basis to know if holding can be profitable in the long run or you
can also do some stop and loss so you can re enter to a much better position.

Coinmarketcap graph is really a big help for me in trying to analyze if the price increase is legit or not. As first glance you will have a snapshot of where the price is heading. Then I search around to see what causing this pump and make up my mind to buy or to sell.

But in my view, alts couldn't die because most of them are tied into the bitcoin market. So its either both of them will die or no one will. That's how I look at the current situation and I don't think that most of you will agree to me. But that is ok with me though.

[PizzaBTC]

have you seen litecoin today ?  hiting 250 not a sign of  dying   

yes some altcoin have still good potential and even rising the bitcoin price their price also still continue increasing. Although most of the people still continue investing money in bitcoin because of the increasing price of bitcoin but still people also invest money in some other altcoins from where they have good potential to increase and give you good money.

Altcoin are dying because bitcoin is attracting altcoins investors toward itself and this thing is quite great for the bitcoin investor because as we want hat whole world start into the bitcoin and by this way bitcoin will be declared as the global coin as well and our wishes are coming true and altcoins are not profitable that’s also reason that people are taking out their money form alts and their approach good to go for best,

[Noelnada]

Altcoins are doing very good as far as I am concerned even better than btc when considering litecoin rise lately. Cryptos have a bright future ahead, it s not so obvious for Bitcoin, I thini that by 2020, altcoins investments will be much more disconnected from Bitcoin price and movements.

So my only advice is : buy more, and buy some DeepOnions 😂

[ToxaBit]

yet no one abolished altcoyin, and the growth of BTK is not permanent. I think that altcoin will still fill its place on the exchange

[Fancyax]

Many of them are moving up slowly these days. Maybe after a bitcoin price correction people will buy more altcoins and prices pumps.