Hasan7988
Newbie
Offline
Activity: 210
Merit: 0
|
|
August 21, 2018, 08:37:27 AM |
|
They are influenced by the policies of major nations. and therefore the main reason is because of google, facebook, twitter call to ban advertising Crypto within the returning time. This has created some investors nervous regarding the market. they need successively oversubscribed the altcoin they hold. Alas, the costs have fallen sharply over the past few years.
|
|
|
|
|
|
|
"With e-currency based on cryptographic proof, without the need to
trust a third party middleman, money can be secure and transactions
effortless." -- Satoshi
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
LooBaao
Newbie
Offline
Activity: 224
Merit: 0
|
|
August 21, 2018, 11:08:16 AM |
|
the price of all coins dropped because the price of bitcoin was down. all altcoins are based on bitcoin. if bitcoin goes down, all altcoins will go down.
In my opinion, coin prices are currently based on ETH prices, as current ETH prices are falling, and that is the common currency used to buy altcoin.
|
|
|
|
Sandeep24
Newbie
Offline
Activity: 140
Merit: 0
|
|
August 21, 2018, 02:04:20 PM |
|
That is the part of market statistics. In other term we can say it is correction in the ICO market. After all this things it will be grew up again and reached on high position. It is normal part of ICO market. I hope end of this year surely all coins will also perform much more then our expectation so don't need panic at this time.
|
|
|
|
Silverstone79
Newbie
Offline
Activity: 101
Merit: 0
|
|
August 21, 2018, 11:05:12 PM |
|
There are some effects of the decline of Bitcoin because Bitcoin is a mother of all coins. So, when the price of Bitcoin decreases it will be followed by a decrease of some Altcoin.
|
|
|
|
lobo13hf
|
|
August 21, 2018, 11:32:20 PM |
|
the price of all coins dropped because the price of bitcoin was down. all altcoins are based on bitcoin. if bitcoin goes down, all altcoins will go down.
In my opinion, coin prices are currently based on ETH prices, as current ETH prices are falling, and that is the common currency used to buy altcoin. No, basically the price of ethereum doesn't give a huge impact to the price of altcoin but it seems like there was a party that has been controlling the hype and you can see that how it has become a very bad thing. So far ethereum still follows the bitcoin and then the altcoin just try to follow that at the same time.
|
|
████▄██████████▄ ███▄████████████ ▄███▀ ████ ████ ████ ▀███▄ ███▀████████████ ████▀██████████▀ |
▄██████████▄ ████████████ ███████████▀███▄ ████████████████ ████████████████ ████████████████ ▀███▄███████████ ████████████████ ████▀██████████▀ |
▄██▄█████████▄██▄ ▀████▄█████▄████▀ ▀████▄█▄████▀ ███████████ ▄████▀█████▀████▄ █████████████████ █████████████████ █████████████████ ▀███████████████▀
|
▄███████████████▄ █████████████████ ████▀███▀██████▀ ███████▄█████▀ ████▄▄██████████▄ █▀▀██████▀███████ █▄██████▄███▄████ █████▀███████████ ▀██▀███▀████████▀ |
████▄███████████ ████████████████ ▄███▀███████████ ████████████████ ████████████████ ████████████████ ███████████▄███▀ ████████████ ▀██████████▀ | | | | ████████ ██ ██ ██ ██ ██ ██ ██ ██ | |
██ ██ ██ ██ ██ ██ ██ ██ ████████
| | | | | | . Listed on
| | BINANCE KUCOIN Gate.io | | |
|
|
|
benjamin11
Member
Offline
Activity: 406
Merit: 10
|
|
August 21, 2018, 11:45:08 PM |
|
There are actually a lot of factors but I think the price of bitcoin and ethereum has an influence on the price of altcoins. Whenever the price of bitcoin and ethereum drops, altcoins will also follow. Also maybe some negative news regarding crypto also contributes to the price movement in the crypto market.
|
|
|
|
actimelfortelun
Newbie
Offline
Activity: 112
Merit: 0
|
|
August 22, 2018, 05:33:29 AM |
|
Of course because many users who have purchased Bitcoin at very low prices are selling Them now.
|
|
|
|
Yasman
Newbie
Offline
Activity: 66
Merit: 0
|
|
August 22, 2018, 05:37:59 AM |
|
Of course because many users who have purchased Bitcoin at very low prices are selling Them now.
Maybe...Or the investors of the other coins are dumping their coins for Bitcoins. It's an easy investment nonetheless.
|
|
|
|
hsnjtdj
Newbie
Offline
Activity: 106
Merit: 0
|
|
August 22, 2018, 05:42:33 AM |
|
I browsed this forum today and saw many people discussing the decline of cryptocurrency, the decline of bitcoin, the decline of Ethereum, and speculation that it is going to die. I don't understand why there is such an idea. I think the cryptocurrency market is down. a very normal thing,
|
|
|
|
zhexian
Newbie
Offline
Activity: 53
Merit: 0
|
|
August 22, 2018, 05:44:18 AM |
|
The price of cryptocurrency has fallen very sharply in this year's market, and prices have continued to fall. The encryption market has been declining since entering this year.
|
|
|
|
Suwirump
Newbie
Offline
Activity: 88
Merit: 0
|
|
August 22, 2018, 02:33:49 PM |
|
This is on the grounds that the estimation of bitcoin is diminishing. At the point when bitcoin is diminishing all altcoins and tokens are likewise diminishing or gradually expanding. The motivation behind why is that incident this is a direct result of the sudden increment of bitcoin in the market last December. So for the time being Bitcoin and all different altcoins and in addition the tokens is simply taking a break from that quick stage increment of digital currencies. So don't freeze if the monetary forms are going down, they will recuperate soon.
|
|
|
|
Xkaliber
Member
Offline
Activity: 392
Merit: 10
|
|
August 22, 2018, 02:48:56 PM |
|
There are some effects of the decline of Bitcoin because Bitcoin is a mother of all coins. So, when the price of Bitcoin decreases it will be followed by a decrease of some Altcoin.
The decline of bitcoin itself certainly has a big impact on the price of altcoins, and can be seen at this time almost all coin prices have decreased, Hopefully in the next few months the price of bitcoin can rise again
|
|
|
|
nebosvoden
Newbie
Offline
Activity: 82
Merit: 0
|
|
August 22, 2018, 04:14:26 PM |
|
I think because the price of all coins is tied to the price of bitcoin. As many scams and motion hackers.
|
|
|
|
chikucrypto
Newbie
Offline
Activity: 420
Merit: 0
|
|
August 23, 2018, 06:38:55 AM |
|
All coins are dripping I think the price of bitcoin is down this is the reason and secondly there is correction in the crypto market.Many companies are settle down the price of their coins. So the prices are dropping.
|
|
|
|
mabell943
|
|
August 24, 2018, 10:48:49 AM |
|
I think the reason behind why alternative coins are dropping it because of the sudden change of the business environment and of course because of the law of the demand that can affect everything in this business.
|
|
|
|
ambeo
Member
Offline
Activity: 210
Merit: 10
W12 – Blockchain protocol
|
|
August 24, 2018, 12:16:37 PM |
|
any body know the reason for current drop?
haha your question might be asked today as well do we ever stop having heart attacks because of this mad ups and downs, well, mostly downs these days?
|
W12.io ▬▬▬▬▬▬ Blockchain protocol Built F O R : ❤ Charity Market ⚫ ICO ֆ CROWDFUNDING [https://tokensale.w12.io/]
|
|
|
Palo05
Newbie
Offline
Activity: 49
Merit: 0
|
|
August 24, 2018, 12:24:59 PM |
|
Panic selling i guess. But the main reason i think is it's part of the market. And a market have also a downside. Its not always moon.
|
|
|
|
kniheant2
Newbie
Offline
Activity: 196
Merit: 0
|
|
August 24, 2018, 12:29:16 PM |
|
market is always the ups and downs depending on possible issues like, for instance; issues on regulations on Bitcoin, in which some government still not accepting Bitcoin or any other cryptocurrency, market react on any badnews or goodnews about cryptocurrency.
|
|
|
|
arin_muah
|
|
August 24, 2018, 12:31:20 PM |
|
Panic selling i guess. But the main reason i think is it's part of the market. And a market have also a downside. Its not always moon.
Actually, this is not a new thing happening, and it is a routine fall, you can understand that when btc is down it effects the whole market, people got panic and start selling, reason slowly downfall grab the entire market and other coins start falling, as per routine it will rise again as if you check the previous years market results.
|
|
|
|
TropicalResource782
Newbie
Offline
Activity: 59
Merit: 0
|
|
August 24, 2018, 01:07:25 PM |
|
Behind dropping the coins, there are some reasons like hacking, scamming, investing in BTC, uncontrolled mining etc. The market will be stabled if these problems will be taken care.
|
|
|
|
|