What is going on with ALT coins

[blackhart7]

Why evey reputted ALT's are going down ..    i can't figure out any reason

[MrN1ce9uy]

I would say the obvious climb in Bitcoin. People dumping alt coins to buy Bitcoin. It should level out sooner or later.

[thesmallgod]

there is actually one answer to your question, it means altcoin are being dump by users and probably buying bitcoin. this happened few weeks ago. in fact it was worse because almost all altcoin price was down. these will be for short period as you can see that bitcoin is falling again. this might probably be in the way of altcoin. when bitcoin fall people step back and start buying altcoin again. i think thisis the right time to start buying some altcoin before the price goes up again

[Hammonds]

it can be called a habit, when btc up then alt coin down. I have lost 50% of my funds because of investments in altcoin. this is an incident that makes everyone stunned when bitcoin reaches $ 20,000

[Destroyeroff98]

BTC is growing and many people are selling Altcoins to buy this very bitcoin. Therefore, the Altcoins fell slightly in price. But I think it's not for long.

[Thardz07]

Bitcoin is now dominating. All of investing in altcoins are now suffering because of massive dumping price and thier funds have lost almost 50%. The reason is they are all selling thier altcoins and exchange into bitcoins. The predictions and speaculations of bitcoin in this coming 2018, is reaching out into $20k. Thats the reason why.

[malibubaby]

Bitcoin so much rising so alts will be dumped. We just eait about the correction of price.

[sxafir]

Not every bitcoincash up.

[St4yInTh3D4rk]

Why evey reputted ALT's are going down ..    i can't figure out any reason

This is happening due to many altcoin holders are selling their coins to buy bitcoins for the free coin released on the fork,so the conditions will become normal soon after the fork ends.I think it is good chance to buy reputed altcoins for cheap price so make use of it.

[alani123]

The outflow of capital after the initial Bitcoin rally that drove money from bicoin to altcoins is now being reversed as traders are realizing bitcoin's increasing potential for returns.

[BlockJohn]

I agree that is the fact of Bitcoin price is high that makes altcoin into a dip.
However, this is the best timing to buy (and HODL).
I'm buying "safe" coins like APPC (AppCoins) in the ICO sale on Wednesday.

[andthereyou]

Why evey reputted ALT's are going down ..    i can't figure out any reason

The cycle is happening right now. We can say that the change in price of bitcoin is inversely proportional to the change of price of altcoins.
Thus bitcoin price increase now will mean the decrease in price of altcoins.

It will be great to buy good altcoin in some days to come. 

[Zerosk]

Some alts are going down for multiple reasons, one reason would be the ethereum network being very busy.

Others are selling and dumping and trading with other coins too.

[palle11]

there is actually one answer to your question, it means altcoin are being dump by users and probably buying bitcoin. this happened few weeks ago. in fact it was worse because almost all altcoin price was down. these will be for short period as you can see that bitcoin is falling again. this might probably be in the way of altcoin. when bitcoin fall people step back and start buying altcoin again. i think thisis the right time to start buying some altcoin before the price goes up again

This is exactly the issue with the rising of bitcoin. When bitcoin increases, it leads to a fall in some altcoins especially the weaker once , the stronger once might not depreciate but could not add some reasonable fractions.

Obviously, bitcoin is being sort after and this is why it is increasing daily in an astronomical way.

[droptableguy2]

The altcoin is deeply discounted because the bitcoin is rising too high because the capital from altcoin is focused on bitcoin causing bitcoin to increase and altcoin decrease so deep. But I think if you are holding a bitcoin, do not worry, the beginning of 2018 will be the time of altcoin.

[Dr Leon]

Some coins are falling drastically due to bitcoin news.
Bitcoin rise always kill the market. The bitcoin rise is as a result of upcoming bitcoin forks I.e super bitcoin, bitcoin God and all others to mention but few,  the market won't be stable until the fork is over. Though bitcoin may like to see a little correction early next year. But I will advise all traders to stop alt trading now, let all hope to start trading after the market is stable.
But the issue is will alt coin continue to fall.... My answer is YES ,altcoin will continue to fall until they secure space after the hard fork.
And also is now the right time to buy alts? NO
The main reason for my answer is that a good entry level is when the alt has reach a good support level. If you get in now, alts will still dip more, so I will advise you to wait for a little dip before entering the market.

[btcney]

Why evey reputted ALT's are going down ..    i can't figure out any reason

Bitcoins go up = alts go down. Simple as that.

Has always been that way, if coins go into pumping bitcoin then it will only mean that altcoins will go down as a result. Finite amount of money divided into basically the OG cryptocurrency and new cryptocurrencies, think about it.

And yes, because BTC went up 20% today alts have went down 20% or even more. Not a good sight for alt investors at all.

[bazar111]

People almost sell there altcoins to buy Bitcoin , whats why the prise is dumping. But you will need still to wait , and it time it will grow up , or you cn sell it in minus ).

[404edson]

As for now, the value of altcoins decreased where the bitcoins are increasing . It's just a cycle in business industry .Not all the time does Altcoin decrease .We have to be more patience ..because there's  time that Altcoin BOOM ..

[soonhy]

One of the reason is because of Bitcoin is going up therefore ALT Coins are down but not all. For example MANA went up but went down again quite a lot today.