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Author Topic: why all coins are dropping?  (Read 6008 times)
seek4dream
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June 27, 2018, 06:46:53 AM
 #961

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.

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June 27, 2018, 07:13:57 AM
 #962

All coins are dropping due to the fact bitcoins and ethereum are dropping too
A normal stock market does not behave this way. If the shares of one company become cheaper, it does not mean that the shares of all other companies should also fall. But the cryptomarket does not obey the generally accepted laws of the economy.

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June 27, 2018, 07:24:13 AM
 #963

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.

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June 27, 2018, 07:25:45 AM
 #964

when coins are this volatile, and thus prone to rise or drop given any small news item or market fluctuation, one might need to redefine what it means to 'drop'.  surely the minute to minute stuff counts.  if you look at overall 5 year picture a very different definition of drop occurs - and yes it does but not right now.
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June 27, 2018, 07:27:30 AM
 #965

Because market is not stable at the time. Big coin like BTC and ETH are making huge fluctuations. So that is the main reason, if the btc and ETH prices increases other alt coins prices increaees and vice versa.

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June 27, 2018, 07:35:27 AM
 #966

The price of bitcoin falls, respectively-the price of all coins falls, this is not surprising.
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June 27, 2018, 07:59:01 AM
 #967

There are several reasons why it goes down such as  if the altcoins holders notice that the price decrease they will be panic then they will sell their altcoins even they lose some of their capital. Law of supply and demand like if the investors withdraw their investment especially in bitcoin it can affect the market. The deep correction of the recent prices wil also be considered. Some countries are banning crypto also affects the price.
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June 27, 2018, 11:02:32 AM
 #968

I think one of the reasons why the cryptocurrency market tumbled, is the uncertainty in the regulatory environment in South Korea and China. What happened was we had some really bad news out of nowhere with Korea banning cryptocurrency and China considering heavy regulations.
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June 27, 2018, 11:07:10 AM
 #969

The situation in the market depends on many factors, and it is difficult to single out any of them, which contributes to this reduction in prices. We do not need to invent and believe some negative news, but we need to wait when this is not an easy time.


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June 27, 2018, 11:19:16 AM
 #970

All of the coins are dropping because the price of bitcoin is dropping. The reason for this being that all of the coins have trading pairs with bitcoin so whatever happens to the price of bitcoin at any time affects the prices of all of the other altcoins. This is why we should all support bitcoin if we have any hope for all of our altcoins to do well in the long run

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June 29, 2018, 07:23:07 AM
 #971

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.

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June 29, 2018, 07:37:33 AM
 #972

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.

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June 29, 2018, 09:58:50 AM
 #973

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.

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June 29, 2018, 10:10:39 AM
 #974

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.

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June 29, 2018, 07:11:58 PM
 #975

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.

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June 29, 2018, 07:17:13 PM
 #976

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.

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June 29, 2018, 08:42:47 PM
 #977

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.

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June 29, 2018, 08:47:27 PM
 #978

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.
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June 29, 2018, 08:49:38 PM
 #979

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.
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June 29, 2018, 08:54:41 PM
 #980

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.

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