The real reason your altcoins are currently going down (important)

[monergo]

I think a continuous year of a bull market is a more serious reason, alongside China FUD and whales.

[Bolt Brownie]

Your explanation was quite good and accurate. I would only add that now that it's possible to short bitcoin with futures, these whales have an even greater incentive to lower the bitcoin price. They will be able to get a lot of cash from their short on bitcoin, and they will be able to buy back bitcoin at a lower price after the dump, and then go long on bitcoin and manipulate it's price to go up. They know all the fud that lives through these markets, and how easy it is, to generate panic selling and then fomo buying. And you are right, the only way we can fight this, is to hold our coins and don't participate in their money games. This will be easy to do, once real adoption starts happening. Only then, they wont be able to ride the markets as if they were their own playground.

[ZaoXhou]

Your explanation was quite good and accurate. I would only add that now that it's possible to short bitcoin with futures, these whales have an even greater incentive to lower the bitcoin price. They will be able to get a lot of cash from their short on bitcoin, and they will be able to buy back bitcoin at a lower price after the dump, and then go long on bitcoin and manipulate it's price to go up. They know all the fud that lives through this market, and how is it is to generate panic selling and then fomo. And you are right, the only way we ca fight this, is to hold our coins and do not participate in their money games. This will be easy to do, once real adoption starts happening. Only then, they wont be able to ride the markets as if they were their private playground.

Yes exactly, with the shorting of futures. Being a bitcoin whale has become even more enjoyable..

[trigunay]

Every altcoins and BTC at some point has been manipulated by Whales. It's nothing new but yeah harsh truth that more often alts get manipulated.
If you want to see the detailed analysis of DOGEcoin manipulation, have a read here. Detailed explanation.

https://cryptofrenzy.files.wordpress.com/2014/02/god.pdf

[nieninja53]

Yes it is time to wait all coins are in red seen and feeling not happy because few days before market is seeing green but now everything is red,

[Pa1n]

You mention good points.Congrats.We hope that , altcoins will recover in very short time indeed.Lets see whats gonna happen.