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Author Topic: why all coins are dropping?  (Read 8520 times)
Jambo tape
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January 21, 2018, 10:30:57 AM
 #201

any body know the reason for current drop?

maybe because bitcoin is already banned in china,but many also say this because the member of bitcoin mostly too in a rush to sell altcoin them.
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kaloloy
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January 21, 2018, 11:00:58 AM
 #202

I think bigest reason was locked situation of bitcoin and ethereum. Basically fees raised too high, and transactions were too slow, people lost bit trust on coins and it affected price overall.

If only coins trading price is USD based then there will be no major price adjustments will happen into all coins at the same time. I'm confused why exchange should not be doing that way since cryptocurrency value is based on local fiat and not based by Bitcoin or Ethereum alone.
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January 21, 2018, 11:14:39 AM
 #203

I think there are some reasons for this:
1. The market depends too much on bitcoin. That is the face of the market, when it comes to technical dollars just think of bitcoin. It has surpassed real value and is manipulated by some forces, with limited application but a currency to convert to other currencies. Therefore, when the information is not favorable with bitcoin, the market is affected.
2. Many investors lack basic knowledge and skills, they only invest in large numbers. When bad news emerged, they lost faith and immediately started selling off to stop losses causing a sharp decline in the market.
So when investing in money you should thoroughly study them about the applicability, technology, development plans, developers. I mean the money with new technology and widely applied as Ethereum or Arcblock will be very potential and stable development.
panjay
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January 21, 2018, 11:35:14 AM
 #204

the simple reason was more pressure from selling rather than buying, it's because btc rally so people will sell their's alt or FUD, you know korea FUD ban on the exchange that makes people bearish on btc, either of the reason is btc price movement and that's will affect alts.
henry1997
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January 22, 2018, 09:05:33 AM
 #205


probably because of chorea and china issues that fix so close the market cryptocurrency so the price down, and various countries still can not accept the state of the market cryptocurremcy.

but that is only temporarily likely in the middle of the year and until the end of 2018 there will be a major overhaul with the new system and new coin coins. because there will be developments in the stock market cryptocurrency and various countries will start to approve the existence of cryptocurrency and market prices will continue to soar up the price of the coin is bitcoin or altcoin
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January 22, 2018, 10:25:34 AM
 #206

I think the killing of valuable crypts depends on the current news (from Korea, Japan, etc.) .The crypts obviously do not have stability.

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January 22, 2018, 10:29:34 AM
 #207

Probably because BTC is moving wildly and it affects most of the alts,lets all hope that this drops are just temporary and soon the market will recover.

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January 22, 2018, 10:33:23 AM
 #208

any body know the reason for current drop?

Its normal Altcoin drops when Bitcoin and Ethereum drops because somehow they're all related must of the time. People who invested Cryptocurrencies are getting their profits and turn it into cash or invest into other coins they love.
Is normal because Cryptocurrencies are going high and low.

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January 22, 2018, 10:35:00 AM
 #209

It looks like we have not yet established a trend and that most coins are pushing and pulling back and forth within a certain price range.
GreenCoin22
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January 22, 2018, 10:50:11 AM
 #210

Reasons are spelling like fud news but i dont belive about that, becuase when China bannes Bitcoin didnt drop price this much. I think some big whales are making some moves to take btc cheaper.
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January 22, 2018, 10:51:35 AM
 #211

It looks like we have not yet established a trend and that most coins are pushing and pulling back and forth within a certain price range.

If need that information you will check the market places. Then you will get more information. You will know the information. It help to for the improve the business process and time to invest. It any time to change. So you will plan to invest. If country will be ban some coin. Coin will be down and most of the people release coin. Coin will be down. So you will check the coin prices list. Every day.

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January 22, 2018, 11:29:15 AM
 #212

In the last two months, the market was insanely booming, it is time to cut some leeks for the Happy New Year. After Feb, the market will launch again. >_<
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January 22, 2018, 11:40:13 AM
 #213

probably because people sell all the bitcoins they have when bitcoin prices are high some time ago, while people do not dare to buy bitcoins at such a high price some time ago. when supply in the market increases, while demand decreases, it will make the price of coins are drop.

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January 22, 2018, 02:18:13 PM
 #214

any body know the reason for current drop?

The altcoins falling is quite natural and was predicted by many publications at the end of 2017. Firstly, there are bans. Asian countries set the rhythm of the crypto market in many ways. And secondly the market is full of offers, too much rubbish has appeared. This led to the fall of Bitcoin and many altcoins after him.
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January 25, 2018, 03:52:39 AM
 #215

any body know the reason for current drop?
Many hackers and scamming developers  or some country ban cryptocurrencies in their states or country.

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January 25, 2018, 03:59:06 AM
 #216

It is because of bitcoin price drop. The drop of btc will result to affect the altcoins. Btc is connected to altcoins in all matters when btc jump altcoins jump also. When btc drops altcoins will drop also. Btc is the head of the body (altcoins).
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January 25, 2018, 04:05:34 AM
 #217

any body know the reason for current drop?
The main reason of the current drop of all the coins is that some countries ban cryptocurrencies in their place. To be more specific, i read some news and i read that it is from China and Korea where the cryptocurrencies are ban right now. That is why the supply of cryptos are very low while the demand of the cryptos are very high which results from the dropping of the value of all coins.

---
Shaminyue
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January 25, 2018, 04:15:07 AM
 #218

I guess the reason was lunar new year of China and other Asia countries. All people withdraw money from their coins for their holiday.
Tonygold1967
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January 25, 2018, 11:32:59 AM
 #219

any body know the reason for current drop?

Mainly it is because of some legal restrictions in different countries, but it should be mentioned that South Korea banned crypto at first, but now it changed its mind and altered some restrictions into more liberal policy.
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January 25, 2018, 11:34:55 AM
 #220

The market gap has decreased since September, the new comers in crypto sold what they have with the down of the bitcoin so it has an impact on everything. But I am sure it won't last Smiley

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