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Greenrace
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January 25, 2018, 01:27:39 PM |
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in trade if the supply is a lot then the price will go down as well as the coin, many people sell coins because of high price so much coin in the market and cause the price down
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RoonyBlack
Newbie
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Activity: 26
Merit: 0
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January 25, 2018, 01:41:16 PM |
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Basically, when Bitcoin starts to fall this should be fallowed by falling of all other coins. This is the situation from the beginning of the crypto. Anyway, the current wall is because of a lot of things. In my opinion, the guys from Wall Street have something in common with the current situation, also the news from South Korea damages Bitcoin.
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themistocleess
Jr. Member
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Activity: 392
Merit: 2
📱 CARTESI 📱 INFRASTRUCTURE FOR DAP
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January 25, 2018, 01:47:03 PM |
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I think the market is dropping because China is planning to Ban Bitcoin and also withdraw their investment from Crypto Market.This is the reason of dropping
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https://cartesi.io/ |
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altcoinhunter01
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January 25, 2018, 01:51:11 PM |
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Normally whenever bitcoin prize goes down then altcoins also start dropping due to drop of satoshi value. From last few days market is very volatile and bitcoin going up and down frequently so altcoins also following bitcoin.
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cryptoblue77
Member
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Activity: 472
Merit: 10
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January 25, 2018, 01:53:00 PM |
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Most of these altcoins have increased out of proportion over the weeks, so they have been dropping quickly. I believe this correction is normal and it has been expected.
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coolcharacter
Newbie
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Activity: 42
Merit: 0
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January 25, 2018, 01:55:42 PM |
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I think the main reason why these coins are dropping is because bitcoin is dropping so much so people are selling their altcoins to buy cheaper bitcoins. The more people that sell their altcoins the more the prices drop.
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cannycassiopeia
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January 25, 2018, 02:11:15 PM |
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It's because most of the traders are basing their coin's price in bitcoin. They thought that if bitcoin falls down, it will goes same as their coins so the probability was to sell coins for the sake of their profit.
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I'll be active when the bull market comes back
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Sofiyah
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January 25, 2018, 02:16:32 PM |
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any body know the reason for current drop?
I think the current price drop is due to the very low price of bitcoin. bitcoin prices fell by up to 50% earlier this year, and that caused the price of other coins to fall. |
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ELOCIN
Member
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Activity: 276
Merit: 10
W12 – Blockchain protocol
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January 25, 2018, 02:30:16 PM |
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It drops because of low demands of the certain coin. But you don't need to worry because it means you can buy it and sell for the next time of increase.
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Fretcy
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January 25, 2018, 04:06:15 PM |
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Crypto coins are dropping like in normal financial markets such as stock market and there will always be a bubble and a burst or pump and a dump in the market, so the investors should be ready to take risk in the financial market. Normally, the investors wait for a dump to buy the coins and sell them where is a pump in the market so that they can earn profits. Crypto coins are always volatile but every year the value keeps on increasing due to more demand and user's are entering the crypto market.
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RieL
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January 25, 2018, 04:11:51 PM |
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because theyre banning the crypto currencies on the other country because they afraid to change and they lost interest to the crypto currencies so this is the reason why the coins and bitcoin are dropping
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ilnick
Newbie
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Activity: 322
Merit: 0
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January 25, 2018, 04:23:10 PM |
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Crypto coins are dropping like in normal financial markets such as stock market and there will always be a bubble and a burst or pump and a dump in the market, so the investors should be ready to take risk in the financial market. Normally, the investors wait for a dump to buy the coins and sell them where is a pump in the market so that they can earn profits. Crypto coins are always volatile but every year the value keeps on increasing due to more demand and user's are entering the crypto market.
Right. The markets fell because the big players sold some, bought Christmas socks) and are now being buying (?) again. |
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bhobafett
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January 25, 2018, 05:51:54 PM |
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Its because of often corrections of the price. I think traders based the price of their coins to Bitcoin price that's why many are in panic mode if Bitcoin starting to fall.
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Accumulate Bitcoin. The bottom is in or near it. |
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jimlyon
Newbie
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Activity: 294
Merit: 0
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January 25, 2018, 06:03:52 PM |
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Because South Korea and China wants to regulate the cryptocurrency market. For this reasons many investors were scared off and the price keeps falling. This is quite normal and my estimate is that the market will become normal in the next few weeks to come. All you need to do now is keep hold your coins.
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VelVenueva
Newbie
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Activity: 27
Merit: 0
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January 25, 2018, 06:06:03 PM |
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All coins are dropping because of the bitcoin. It is very studip, but this is the fact. When bitcoin starts to fall everything starts to fall. I do not know how much this is going to continue, but it very stupid....  |
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qtronix
Member
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Activity: 596
Merit: 10
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January 25, 2018, 06:09:17 PM |
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The drop in prices of crypto-currencies was affected by news from China, but soon everything will recover. Growth and fall is normal, it allows coins to grow.
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laravuemaster
Full Member
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Activity: 378
Merit: 100
When Football meets Crypto
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January 25, 2018, 06:23:03 PM |
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any body know the reason for current drop?
The market is always depending on the supply and demand of a coin or there is a incident that happened like banning of icos in china. Analyst are saying that china is one of the biggest contributor in the market. Lets always think that when the value of coins is decreasing, it only means that it is the time for us to invest in order to earn more profit when the value is increasing again. |
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Seano
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January 25, 2018, 06:28:38 PM |
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any body know the reason for current drop?
now there is a lot of bad news, and all crypt when only one negative could be worse also depends on news and Chinese do every year sag on the rinkakh if to look at statistics, these sags and growth occurs every year. just someone is able to earn on it, and some in panic lose the finance. |
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kamar00
Newbie
Offline
Activity: 92
Merit: 0
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January 25, 2018, 07:30:40 PM |
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any body know the reason for current drop?
now there is a lot of bad news, and all crypt when only one negative could be worse also depends on news and Chinese do every year sag on the rinkakh if to look at statistics, these sags and growth occurs every year. just someone is able to earn on it, and some in panic lose the finance. Surprisingly, since China has banned bitcoin, the price has dropped dramatically which previously reached the highest price and dominated other crypto prices by far price difference. Whereas before, not a few developed countries that prohibit the transactions of bitcoin. |
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Celebrity
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January 25, 2018, 07:32:43 PM |
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any body know the reason for current drop?
now there is a lot of bad news, and all crypt when only one negative could be worse also depends on news and Chinese do every year sag on the rinkakh if to look at statistics, these sags and growth occurs every year. just someone is able to earn on it, and some in panic lose the finance. They're dropping because there is a panic. When the panic removes, the market will go up. More panic triggers more panic action on the market. As a result, altcoins are declining. |
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