why all coins are dropping?

[lider1971]

The flight of Chinese miners to other countries, including Canada. They were mostly engaged in pampas to reduce the payback of the equipment. This is clearly seen in the example of not only bitcoin, but Litecoin and Dash.
- Futures-the first step to killing bitcoin. After all, the crypto currency appeared against the background of the opposition to different kinds of derivatives. And now it is profitable for speculators to buy futures expensive and at the same time bitcoin — cheap. This is a clear game on the difference
— Weak hand. They became too much, and when the planned dump went, they just started jumping out of the market, afraid of losing the last.

[darmin]

all crypto decline because many cryptos suffered rejection from many countries. the effect of it is still going on even now quite prolonged difficult for crypto to ride again. However, this will depend on the bitcoin as well. If the bitcoin began rising on the other altcoin will also be experiencing the same thing.

[gorodi]

any body know the reason for current drop?

On my mind common tendencies are formed by some major cryptocurrencies like Bitcoin, Ethereum and maybe some others. All other coins just follow those grands of the market. That’s why they all are dropping.

[Arlette Foxsparkle]

I think the factors that affects altcoin dropping down is when all top rated cryptos are also in critical condition or it also dropping down especially bitcoin, ethereum, litecoin, bitcoin cash,  ripple and etc. One of the reason why altcoins are already going down is when the whales are manipulating the market and smaller investors.

[Mrbee]

I have heard that there is a new information concerning Bitcoin. Nothing crucial but still people tend to speculate on any information nowadays. So some of the biggest share owners believed fake news and started to sell his coins and the price has dropped.

[hridoyb]

any body know the reason for current drop?

Crypto market depends on bitcoin price if bitcoin price dump crypto market must be down.Now bitcoin down for a long time as result crypto market and all coin is going to down and down.If bitcoin price up crypto market will be the moon so wait and control your emotion.

[EfterlysT]

Fluctuations depend on the BTC price: it drops, all others follow. Other factors may include negative media campaigns, and then investors themselves who are selling their coins at low prices, or withdrew their investment, and are waiting for the market correction to start investing again.

[stynos]

Coins are dropping because they are reacting to the market. The market is somewhat tied to bitcoin movement, so when bitcoin goes down almost all the other coins react in the same manner.

[Jenesis]

any body know the reason for current drop?

because many people are panic sell. they sell the bitcoin and altcoin they have. So in the market too many coins, it causes the price of coins to decline.

[maraclariss14]

All coins are related to bitcoin.
It is all about mentality and sentiment.
Whenever bitcoin crashes, altcoins crashes harder.
Whenever bitcoin pumps, altcoins pumps harder.
So we shouldn't be surprised when all coins are dropping together.

Reality wise, we are still in the early adoptions so fluctuations are very possible in all means, bitcoin dumped and chain reaction alike with domino effects, so when bitcoin pumped we will also expect the same reactions, it's all about greed and fears, when people seen opportunities they will quickly hooked up, then when they feel like their investment already in danger they will quickly sell out into panic, people mentality really affects the scene inside exchange better to learn to adopt and take every advantage.

Yes it is probably the domino effect , this really happens when Bitcoin is falling its price, all we can do now is to hope that it will be raise in the following months, Im certain that it will be for sure, given the fact that there are still holders of bitcoin and buying some profitable alts is also an option for me, dont do panic sell it will decrease the value more.

[vidivici]

I think that the decline in all the crypto currencies of late because of the loss of public confidence in the crypto currency. Many crypto currency players are afraid to invest in crypto currency coins. They judge that this fluctuating price will bring huge losses. It is cursory to see that crypto currency will not have a future anymore. The price is gradually decreasing. But, it's all back to your analysis. If I am private, I still believe in crypto currency. This is evident from me still in this forum and follow bounty campaign to earn more income. I still believe that this crypto currency is bringing huge changes in the economy.

[Denlv]

We have many negative reactions this year from China and other peoples who is involved in bitcoin drop,peoples with big amount of crypto currencys is dumping whole market down!Many fud news come this year,scam icos -peoples is afraid to invest now,need to wait for market recovery....

[Pr3ko]

nobody can we really say the exact problem that has cause this massive drop in rates but what i know is that anytime bitcoin falls almost all the altcoins also follow

[Dortira]

I think that we will not have to wait long and in late summer or early autumn we will see a slow but steady increase in the price of all coins.

[vidam]

I think that none of us knows the real reason why all coins are dropping. And the reasons for the drop a lot. The main one at the moment as I think it is the fear that leads to panic investors and makes them withdraw money from the crypto.

[SBOSS]

the market is not on a good situation at the moment and the entire market is droping so expect a huge decrease on the next few days

[tranoanh0470]

Because an incident that happened like banning of icos in china. and china is one of the biggest contributor in the market so its have a significant effect for price in the market.

[diepvien98712]

Its probably due to the market dip issues. This that is happening due to the volatile nature of cryptocurrecies. I believe its normal for something like this. The market is gonna  be nomal and stable again soon

[PJRLJRAC]

presumably on the grounds that the cost of bitcoin and ethereum goes down so individuals offer their altcoin to change to bitcoin or ethereum, and that is the reason altcoin costs go down, and bitcoin and ethereum costs go down in light of the fact that the individuals who offer them freeze when they see bitcoin and ethereum go down a bit and offer it straight away for fear it won't rise once more (as indicated by my expectation).

[derigop]

There are a few reasons why some altcoins are droping there cost and one this reason is freeze offering this is hapen when a few people saw the cost is droping and they feel apprehensive and they will offer there coins too that is a mass frenzy offering. The other one additionally is the point at which a major whales began to dump there coins to the market this is truelty a major dump. Furthermore, the last one is awful news about cryptographic money like huge trick and hacks milions of dollars in crypto, along these lines may influence the cost in light of the fact that powerless hands will without a doubt offer there property.