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Author Topic: why all coins are dropping?  (Read 6016 times)
Schevascheva
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June 16, 2018, 03:25:20 PM
 #861

The rate of all coins falls only because the coin cue ball dropped to 6300 and a piece, and so the rate of the remaining coins also fell, but when the cue rate starts to grow and the entire market expands, so do not worry, everything will be okay
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democity
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June 17, 2018, 02:47:46 AM
 #862

any body know the reason for current drop?

Bitcoins is dropping today because maybe of some fud that is spreading on other countries and it was affecting the thought of other people about cryptocurrency and every coin is affected because altcoins is tether to bitcoins price.
I don't know what the situation is. Maybe there are lots of big whale controlling and influencing the encryption market. For us, we can only conduct transactions according to our own intuition.

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June 17, 2018, 02:53:21 AM
 #863

any body know the reason for current drop?

There are a variety of reasons. The first trigger was government action in India and South Korea. Then there was the mass dump by the Mt Gox trustee (Nobuaki Kobayashi), who dumped more than 50,000 BTC in one month.

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June 17, 2018, 03:02:00 AM
 #864

There are several reasons why all the coins' price is dropping and getting a lower value but I think the most significant event for the dropping of the value of all the coins is when some of the countries banned cryptocurrencies such as korea and china. These two countries are one of the biggest supporter of cryptocurrencies and when they tend to banned cryptos it makes all the coins falls down.

HighlanderMonk
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June 17, 2018, 03:16:18 AM
 #865

Most likely this is happening because now bitcoin is not so interesting, there can be a real manipulation of the crypto market. I think that there will be a rise and now everything is bought with coins. then it will be too late.

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June 17, 2018, 03:35:40 AM
 #866

i think its because many rumors and bad news about crypto, so its affect on market and make all altcoin rate was droping down including rate of bitcoin itself.

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June 17, 2018, 03:46:49 AM
 #867

any body know the reason for current drop?

I think because There is a rumor that China wants to ban the circulation of crypto currency in the country, it causes panic, so many are selling their coins.
kaylinmaxx
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June 17, 2018, 08:51:55 AM
 #868

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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June 17, 2018, 09:05:56 AM
 #869

Crypto is experiencing 2 different seasons in money world.
One of them is the Taurus season, the other is the Bear season. During the bull season, prices start to rise. During the bear season, prices will fall. You need to be careful.
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June 17, 2018, 02:22:24 PM
 #870

The valuation of coins is too high, which is the biggest reason for the decline of prices. Another reason is that there are too many bubbles in early ICO projects. ICO has hurt ETH and hurt the mood of the market.
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June 17, 2018, 05:19:36 PM
 #871

The main reason is that investors withdraw their investment, especially in bitcoin, it has a strong impact on the market. Then people start to panic and sell altcoins. And accordingly, the price falls

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TIDOVEE
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June 17, 2018, 05:35:05 PM
 #872

Hmm, its really serious.
Its like it is due to the fact that bitcoin has been banned in some countries and like bitcoin if facing some antagonisms in the world market.moreso a lot of people have been withdrawing their coins and many cryptocurrency supporting organizations have not being responding well.


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JohnYDillinger
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June 17, 2018, 05:41:13 PM
 #873

Honestly, I could not give you certain answer because I don’t now either. Market is so unstable now  that it can drop in any moment

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June 17, 2018, 05:47:48 PM
 #874

My friend, that is the market. Like stock, green day or red day we can all make a profit from it
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June 17, 2018, 05:55:05 PM
 #875

In my opinion, probably because of the negative news about bitcoin. This is make bitcoin price is dropp and affect to other coins.

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sapu jagat
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June 17, 2018, 05:56:42 PM
 #876

All coins are now declining, as they follow the flow of the leader's guide. The bitcoin crypto leader is currently giving instruction to all coins to lower the price, and crypto will soon increase once the situation returns to normal. If bitcoin prices are back up and steady in the upside, the charts of all coins will also move upwards and reach high prices, and some of them will create a new record of achievement.
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June 17, 2018, 06:07:03 PM
 #877

Bitcoins extraordinary price surge December was fueled by price manipulation centered around Tether.

Such correction was inevitable
Babayan
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June 17, 2018, 06:12:27 PM
 #878

Coins are dropping because there is no "hype" around cryptocurrencies. There is also no demand, so Bitcoin returns to his dip. But i think that we will see a huge grow again soon  Cool

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JungleBook
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June 17, 2018, 07:05:21 PM
 #879

On altCoins yesterday began to grow volume almost throughout the market, except for a frank scam. I admit that the purchase has already begun. In any case, assessing the situation on the market, while without any special reasons I do not see the reasons to hope that the market will shrink and is going to go somewhere much deeper than the level of $ 5900
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June 17, 2018, 07:13:01 PM
 #880

This happens almost every year, but the fall in prices this year I think is quite big, some of the issues behind the decline in altcoin prices may be a coinrail problem that some time ago has been hacked

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