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Guli
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August 30, 2018, 11:42:56 PM |
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Im sure, drop in the price can be because of anything which no one can be certain about. But I think it is the recent attack and the critics from some countries and the ban placed on cryptocurrency trading in some part of the world.
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redtrus55
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August 30, 2018, 11:54:00 PM |
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It is undeniable that lately the price of crypto currencies has dropped dramatically and even many have become worthless. I analyze this situation influenced by the price of bitcoin as the king of crypto currencies. As a king of crypto currencies, bitcoin holds great control over the price of other crypto currencies. If the price of bitcoin decreases then surely the price of other crypto currencies also decreases, but if the price of bitcoin starts to improve then the price of other crypto currencies also follows the rise. This is the role of bitcoin which is still very potential because most of the public trust is attached to bitcoin.
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Badu1
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August 31, 2018, 12:02:08 AM |
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Most of the time,I sit back to ask myself that why are all my coins are dropping with such an acceleration. I normally get answers which boils down to hodl and that is how crypto is.
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daniel08
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August 31, 2018, 12:12:02 AM |
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I think the reason why most of the altcoins including the bitcoin drops their value is due to fake news about cryptocurrencies , it affects all the altcoins value. And also most of the governments of a most countries do not accept cryptocurrency specially to those countries in the third world. And most people dumping their coins in a low price that is why others follow.
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Shimmiry
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August 31, 2018, 12:15:31 AM |
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probably because the price of bitcoin and ethereum goes down so people sell their altcoin to switch to bitcoin or ethereum, and that's why altcoin prices go down, and bitcoin and ethereum prices go down because those who sell them panic when they see bitcoin and ethereum go down a bit and sell it straight away for fear it will not rise again (according to my prediction).
It maybe true but I agree with this. People tends to sells. Panic seller. They do not realize the real value they just think of the present they did not even realize that the future value of coins will rise. Bitcoin and ethereum are coins that on top, but probably it will help other coins to rise again. |
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bajindul88
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August 31, 2018, 09:56:12 AM |
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any body know the reason for current drop?
I guess from around a lot of people won't know why all the coins have lost, maybe because the game of whale? ... maybe also because of decreased demand? ... maybe because of certain group games? .... or could it be because trend is quiet?... |
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jademaxsuy
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August 31, 2018, 09:58:45 AM |
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Panic is the reason for the price fall mostly but now the price is falling due to bear market so the price may expected to rise at the back end of the year so hopefully price may rise at June or later.SO everyone hold their coins because we didn't lose anything until we sell our coins.
Yeah panic that market price may get low for more since once the market price fall it will relatively fall for more. Aside from that the real reason why all or most of the coins are dropping on its market price is that these coins are dependent on bitcoin and every time bitcoin fall then so does the other coins in the market. |
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Komandor8957
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August 31, 2018, 10:00:03 AM |
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It seems to me that the big players first began to pump the bitcoin with money, and after that they decided to take all their investments + investments from other participants.
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sebastianweyer655@gmail.c
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August 31, 2018, 10:03:53 AM |
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There's too many factors that effect the price to say. Hopefully the bullrun starts soon though as some of the alts have dropped so much already.
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infested999
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August 31, 2018, 10:05:45 AM |
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I would like to believe that this is just a phase and we will all pass it soon. I am not scared by the dropping because I know a rising will come soon
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lasto4ka
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August 31, 2018, 10:36:16 AM |
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In the world of cryptography there is nothing stable and you will not be able to predict its future .
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Mysteryla
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August 31, 2018, 10:49:22 AM |
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There are several factors that can contribute to the fall in the prices of coins in the crypto space. Some of which are:
- FUD
This is done intentionally by some set of people in order to take advantage of weak hands and by back.
- Regulations
Although, we have been expecting this to happen for quite sometime now, but none occurred. Instead, they kept on postponing, but this causes fear of the unexpected in some people. Thereby, causing a fall in price.
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Dulmwer
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September 02, 2018, 08:31:58 AM |
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It is normal for every one of us to see the coins and tokens dropping now and again. Like what we are encountering of late, there are somewhere in the range of few factors that caused the plunge of the coiins and tokens. Be that as it may, I think it is a keen activity to purchase increasingly and increment our portfolio before the much-anticipated May 14 Consensus 2018 occasion in New York City. Things are going to enthusiasm one week from now.
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s31joemhar
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September 02, 2018, 08:40:36 AM |
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I think the reason behind why all coins are dropping is
because the price of it drops in the low state of amount which make it as a good opportunity to the investors to grab because of affordable price.
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LASSSKAR!1!1!
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September 02, 2018, 03:58:44 PM |
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The reason why all altcoins decline is because bitcoin prices are decreasing. I think the reason for the current decline is mainly manipulation. Bitcoin has become the bread of every investor in the world and many big people are afraid of losing control. Supply and demand also change because it goes down. Everyone is worried about this problem. Maybe we have to wait a long time or invest more altcoins to make big profits.
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Sylon New Account
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September 03, 2018, 07:32:24 AM |
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A few reasons cryptocurrencies prices may drop with little notice is due to the environmental factors surrounding them: government regulations, loss of interest in the market from the public at certain points, an increasing supply of available currency which can potentially oversaturate and cheapen the market, investor fear, etc. These environmental factors are difficult, if not impossible, to predict and many times they can be positive for the market. For example, we are seeing an increase in widespread acceptance of the blockchain which may be part of the reason for its price surge in the month of February.
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kavishka
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September 03, 2018, 07:33:40 AM |
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i think China already banned exchanges, Korea wants to regulate not to ban BTC,
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Criptonline
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September 03, 2018, 07:37:38 AM |
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The price of all altcoins now depends on bitcoin, which looks very weak and is likely to continue falling. But in the last week the trend of the market has changed a little. Now some altcoins can rise by 20-30% for 10-15 hours, and then fall off just as quickly.
Obviously, these are the results of speculative manipulation.
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odessit1377
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September 03, 2018, 07:40:52 AM |
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As before, the price of a coin depends on the growth and fall of the bitcoin. He is the train that drives them with him. I believe that changes in this system are not expected to remain the same.
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stefany101
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September 03, 2018, 07:45:26 AM |
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any body know the reason for current drop?
Like you ! I also don't know the reasons why the prices of coins in the market are dropping, maybe I think it is of lacking of investors and lots of panic sellers, it's just an opinion of mine. For now, it is better for us to wait for the market to recover so that we can make profits and recover some of our losses. |
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