ZahaRip
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April 06, 2018, 07:38:03 AM |
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Just now there are too many pressure factors on the cryptocurrency market. I think by the end of the year it settles in. And of the pressures you can take at least ICO, a lot of them, all with different percentages of success, and some even scammers. Due to this, there is an outflow of investors from the dominant cryptocurrencies. It turns out that now the market is working on the correction of new tokens.
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jundy020
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April 06, 2018, 07:45:08 AM |
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Because not everyday iy always rise up and investors gains profit sometimes it gotta be like this, all altcoins including bitcoin is dropping to balance all things and give change to newcomers.
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karungbitcoin
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April 06, 2018, 07:46:03 AM |
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This down trend could be end in this month, from history of the chart i can make prediction will be in 2 or 3 month the market will going back to uptrend. There are many FUD and bad news in the same periode was make big crash and the market become boring and need rest for a few month before continue bullish trend.
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efeyigit399
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April 06, 2018, 07:47:03 AM |
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the volume of money in the crypto money market is getting smaller day by day. As the volume decreases, the prices decrease more and more. the colors of all subcoins' graphics are red. hope now they will rise.
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buggy
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April 06, 2018, 07:49:23 AM |
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Other coins are also dropping nowadays because the price of bitcoin is decreasing. Many people use to sell what they have because they are afraid if it will continue to fall. Bitcoin is very influential with other coins and for maybe bitcoin is falling some other coins also.
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denny27
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★Bitvest.io★ Play Plinko or Invest!
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April 06, 2018, 07:56:19 AM |
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the volume of money in the crypto money market is getting smaller day by day. As the volume decreases, the prices decrease more and more. the colors of all subcoins' graphics are red. hope now they will rise.
To get back up I think it still takes a long time, and it will not be easy to get back on the uptrend, there are so many things that make it fall and the price is still stuck. But it's not possible that this will continue to decrease, well hopefully certain news/attacks can be stoped and everything gets better again. Many people here are expecting it to recover soon and they can make a profit.
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Dklinov
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April 06, 2018, 07:59:02 AM |
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There is a number of factors which played against the bullish sentiments. It’s started from Twitter announcement on banning the ICOs. The traders started selling alt coins and BTC and keping them in Tether whixh caused the decrease of trade volumes for a week. This was the triggering event that made majority of the market to sell. Then, the bad news from South Korea followed. They made the exhanges to re-arrange the agreements with their customers. Moreover, some top management exchanges personnel were detained for interrogations in relation to hacker attacks. This all made the money outflow the market. Hopefully, more good news and advancements will follow soon.
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VSOP_VSOP
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April 06, 2018, 07:00:41 PM |
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Hacked Exchange and some news about plan to ban in Korea, or ban in China, investors and traders are so panic.
I agree with you that many factors combined triggered this dramatic slump. Luckily after all these, people realize that cryptocurrency will always survive and get stronger after every drop. It is time to head ATH again. When its time to Bitcoin moving abnormally then Alternative coins alwys react with it, connected. Altcoins investors sell their portfails when it goes.
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k-west
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April 06, 2018, 07:09:35 PM |
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Too many negative issues about bitcoin and all crypto are pushing prices down now,the receint hype is already over and people start taking their money off the market,unfortunately.But the game is not over yet,we will see the very last huge wave that will rise bitcoin to unbelivable 50k-70k $,it is only a matter of time.
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Nastinmel
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April 06, 2018, 10:10:52 PM |
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Hacked Exchange and some news about plan to ban in Korea, or ban in China, investors and traders are so panic.
I agree with you that many factors combined triggered this dramatic slump. Luckily after all these, people realize that cryptocurrency will always survive and get stronger after every drop. It is time to head ATH again. Guys, you all saying China doing something here, China doing something there.. How is it possible to China do all this actions with blockchain?
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Gabmot
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April 07, 2018, 10:44:15 AM |
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Personally I do not want to subscribe to the claims of many that FUDS has been the most dominant problem responsible for the current market dip situation. For me, I think cryptocurencies in general are only answering to the volatile nature which they have. Volatility for me has been vthe greatest problem so far. However, the part FUDS are playing cannot be overlooked.
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Tosyn2
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April 07, 2018, 11:45:35 AM |
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There are numerous factors for it FUD is one correction from bitcoin bull run is also cause of it, i think until it has reach the bottom it won't stop couple with numerous fud flying around.
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barabarian1
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April 07, 2018, 12:41:09 PM |
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all coin drop because too many negative news for bitcoin. and altcoin price will follow bitcoin price, so it can said that all coin drop. but, all coin will recover their value as time goes by. and no need panic for this matter. we just need to hold until bitcoin price growing.
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turbanto
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April 07, 2018, 12:44:26 PM |
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most likely, the price of coins falls because bitcoin and Ethereum fall in price
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VelascoMark20
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April 07, 2018, 12:56:20 PM |
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There are many reasons why the altcoins price drops like sell-off of altcoins. This event makes the supply of altcoins in the market increase and if the altcoins increase in the market the value of that altcoin drops.
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alexzorgo
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April 07, 2018, 04:34:30 PM |
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The most reliable cryptocurrency is bitcoin. Only it shows the growing domination since January. All who were bought by altcoins last year lose faith and hope. Also try to keep investments selling altcoins and buying bitcoin. The bitcoin sustained so many falls of the market and all the same remains the strongest cryptocurrency. This testing time was undergone only by bitcoin.
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Cenil
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April 07, 2018, 04:52:21 PM |
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i agree, because many will go down now because the deal is focused on low value coins rather than on high ones like Ethereum and Bitcoin. because the most powerful coins will go down, some people react to them and limit the use and transactions of so many coins in the market.
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HostiletermitE
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April 07, 2018, 05:03:27 PM |
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It's definitely because of the negative effects on Bitcoin. Any news concerning Bitcoin directly affects other coins as well.
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AlinyatinA1990
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April 07, 2018, 05:27:27 PM |
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When bad news emerged, invetstors lost faith and immediately started selling off to stop losses causing a sharp decline in the market. Almost all coins are related or connected in Bitcoin and Ethereum.
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Masik2018
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April 10, 2018, 11:16:31 AM |
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Many of alternative coins prices collapsed as something in countries gave statement of use cryptocurrencies such a bitcoin and others.
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