Altcoins bleeding... What is happening?

[unusualfacts30]

what bleed? half of altcoins are green, other half only around %5 loss. bitcoin is rising yes but that doesn't affect altcoins too much yet. if you scared sell your coins and switch to bitcoin.

Yeah right. Everything is green from here too except few which I'm not invested in. Green rally should roll over to 2018 and continue.

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[ChiNgadOr]

what bleed? half of altcoins are green, other half only around %5 loss. bitcoin is rising yes but that doesn't affect altcoins too much yet. if you scared sell your coins and switch to bitcoin.

how the hell can you claim that? of course alts are dropping because of BTC, it has gained a share of the whole cryptomarket form 56% to 64% in 2 days.. where does this amount come from? mostly from people selling altcoins.
But  guys..dont worry..

keep calm and relax.i have seen this soooo many many times... in a while BTC will drop and people take advantage of altcoins.. so they will surpass previous ATHs..

except if  you bought any shitcoin of course... in that case you are really f**cked

[ryjin1007]

Altcoins bleeding ? hmm i think its the problem of the ethereum network i guess

[grimesrhymes]

I do not understand what is happening?? Altcoins bleeding in the market cap, does it really because of the Bitcoin that keeps pumping? I'm going crazy..

It's because bitcoin is raising so the value against bitcoin is down while it maintains the value against fiat. This is not the first time it happens and as you can see there still a lot of alt that's green in coinmarketcap. We've seen worse when bitcoin crash and all coins in the market is red.

Well actually I think you'll find a lot will lose some value against fiat, especially the bigger currencies is more money is in the which will then flow out and in to bitcoin. But yes it's important for alt coin investors to not get caught up on btc price and consider fiat price also.

[craigers]

Not all are bleeding.  My Waves, Stratis, Syscoin, and SafeEx have all been going well during this BTC run.

[Poink]

BTC wise my portfolio declined by about 20% for the month and week.

US dollar wise it increased 85% for the month, 35% increase for the week.

[xenomorphe1]

Not all are bleeding.  My Waves, Stratis, Syscoin, and SafeEx have all been going well during this BTC run.

Look now if you didn't sell them, they are all red now at Bittrex.

[lelou]

People are dumping their coins in order to buy btc. Dont worry, it will recover in few days especially the top 10 alts.

[twobits]

People are dumping their coins in order to buy btc. Dont worry, it will recover in few days especially the top 10 alts.

They are worrying to miss the bitcoin moment. Majority of them don't care about the lost that they can get through sold all of their coin in the random price, How people are going crazy in these days.
Bitcoin gains more and more value just in short time. $20k at the end of this month looks possible.

[vilns]

I hope I'm not making stupid newbie error, I keep all the time half of my tiny investments in bitcoin, but just now I can't resist and get bunch of IOTA STRATIS and little bit YOYO for all by bitcoins. Hopefully I'll not regret it too much  (anyway, I already got back to bank account everything from  200eur I started with)