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Author Topic: why all coins are dropping?  (Read 8520 times)
qiman
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July 07, 2018, 05:40:46 AM
 #1041

Many people just dumping and panicking and are impatient because the big money has been shoring Bitcoin on Bitfinex and through futures contracts which created this meltdown cycle to happen since January. Now everyone is saying that this is the bottom of this cycle right now and we have reached capitulation point and the only way is up. I am not yet convinced of that. Unless I see Bitcoin go through the 12k usd resistance barrier I will not be convinced of any bull run happening or in the making just yet.


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Eddieboy
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July 07, 2018, 05:45:40 AM
 #1042

Some coins and altcoins are mostly correlated to king bitcoin, thats the no 1 reason. If king bitcoin going down/ or bearish, expect that other coins and altcoins will going down also vice versa if btc will goin up/ or bullish, other coins and altcoins will up also, they will follow the leader😎..

That's my tip also for those who are in trading, use correlated method👍👌

Remember,  if king bitcoin's price 1% changed (either up/down), 2-3% for those correlated coins' and altcoins' price. 💯👍
Mark X
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July 07, 2018, 07:04:12 AM
 #1043

One of the causes of all falling coins is due to a new German rule on cryptocurrency.
Germany as one of the strongest countries in Europe, especially after the United Kingdom out of the European Union, will issue a policy related to Cryptocurrency. They want to set the circulation of Cryptocurrency globally just like a new currency rate at International level. For that Germany will not allow Cryptocurrency circulation if not there is a global agreement that agrees on a fixed exchange rate for Cryptocurrency. The problem is, there is no similar intention from other countries, even China seems to ignore the German invitation. As a result, Cryptocurrency circulation in the European market is also slowing down. Although it also does not prohibit it.That's why all the coins fall.
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July 07, 2018, 07:07:49 AM
 #1044

This is simply the market cycle; it a healthy dump; after the hard bull run of 2017 and early 2018; the dump is necessary
thaoco.codai865
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July 07, 2018, 09:58:29 AM
 #1045

The reason for current drop is mainly manipulation.  Bitcoin has become the toast of every investors worldwide and many big guys are afraid of losing control. Most of these big guys have been selling their stash and market keep absorbing their dump.  It is their loss.
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July 07, 2018, 10:05:52 AM
 #1046

The crypto-currency market, with the exception of a few coins, returned to the range that dominated last week. The unsuccessful rally attempt was interrupted by a sudden surge. One of the winners is Ethereum, which, after a wearisome period of weakness, close to a "failure", finally shows signs of relative strength.

While some analysts associate today's sale with tightening US sanctions against Russia, which caused riots in related markets, technical indicators remain the dominant factor in this segment, and despite the rebound, the downtrend is still intact. In the upcoming period, the long-term picture indicates the establishment of the bottom, the current trading range may become part of the bottom, so short-term traders must wait for a break above the key resistance levels for entry. Before this, one should not open new trading positions, and investors can replenish their stocks.
siap86
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July 08, 2018, 04:51:28 AM
 #1047

any body know the reason for current drop?

I think when bitcoin falls, all coins will have an impact. Why? Because they are in the same habitat, that is cryptocurrency.
In the future if you want the value of coin has a price stability, it needs innovation and investment guarantee to anyone who has it.
Jonnitor
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July 08, 2018, 05:07:41 AM
 #1048

For me, nothing is stable in the world of crypto. We cannot predict the prices of the coins. It will go up or it will go down, but that's a normal thing in market.
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July 08, 2018, 05:14:13 AM
 #1049

This kind of Bitcoin price drop is common and I think it's a very natural thing because all altcoins or crypto currencies are always close to zero, but the main reasons that trigger changes in exchange rates for digital and fiat assets are the balance of unstable supply and demand in the global market , because according to economic postulates, there is a direct relationship between these parameters and the fixed price of any currency or commodity. It should be noted that such general interpretation is only suitable for predicting some of the onset of the next cycle of volatility.
C0ld_Zero
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July 08, 2018, 05:16:56 AM
 #1050

Because Bitcoin going down, and market was bad. No more investor and good project.
Too much shark keep the market. Maybe it will be better on end of 2018
hoanglann111
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July 08, 2018, 10:13:56 AM
 #1051

probably due to some news about the prohibition of crypto circulation in some developed countries, and the existence of a new coin project that leads to fraud. thereby impacting the price of the coin for now.
Biasaae
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July 09, 2018, 03:01:01 AM
 #1052

any body know the reason for current drop?
[/quote

This is because some countries are beginning to issue regulations that prohibit the use, sale and purchase of all bitcoin transactions.
We all know china is a big market of bitcoin world, and right now its government is starting to forbid its citizens to use any transaction with bitcoin.
rohican
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July 09, 2018, 04:14:32 AM
 #1053

any body know the reason for current drop?

Market saturation began to happen, and when it happens developers can not cope. Panic markets make the coin market worse.
Currently selling coin makes us a big loss, and save it also will only be a loss. All is not like yesterday again, the market fell and difficult to rise.
ak49er
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July 09, 2018, 04:18:58 AM
 #1054

There is a hope that in the future all these drawdowns will become a small pimple on the chart and we will look at them and rejoice that they did not fix at that moment

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PutuPartoHarjo
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July 09, 2018, 04:24:43 AM
 #1055

any body know the reason for current drop?

All coins fall because people start to leave. Who will make the coin worth when people no longer have it or sell it without buying it again.
This makes the market situation difficult to rise up as before.
alexandermr091
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July 09, 2018, 08:22:31 AM
 #1056

I think altcois are dropping because of bitcoins price now. Bitcoins value falls to 7600usd for some reasons. Altcoins depends on bitcoin through price exchange. I heard twitter has started banning cryptos.
clarise123
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July 09, 2018, 08:32:23 AM
 #1057

it's normal.
Not at all times increases the exchange rate in the market to wait for bigger token tokens. If I am with you, you will increase the amount of token in the market. first join a bounty or airdrop you first to receive more tokens. for you have sold more money to receive,

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July 09, 2018, 03:54:00 PM
 #1058

Not all coins are dropping, in any market trading there is always the ups and downs depending on possible issues like, for instance; issues on regulations on Bitcoin, in which some government still not accepting Bitcoin or any other cryptocurrency, market react on any badnews or goodnews about cryptocurrency or Altcoins
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July 10, 2018, 02:05:06 AM
 #1059

Decreasing the price of crypto coins is not something to be feared, it will be an opportunity to buy at a low price and when the price goes up it will be an advantage
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July 10, 2018, 02:16:47 AM
 #1060

All coins are dipping becauae Bitcoin btc is dipping since all exchange list mosty coin/btc pair and thus coins also dip also major holding is btc in total crypto investment over the world! Grin
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