why all coins are dropping?

[quleyaro]

It is true that all alcoins, except perhaps Teter, directly depend on the cost of bitcoins. It would be interesting to watch the market if this trend does not exist in the future. But for this it is necessary to take concrete actions and develop mechanisms. At the same time, bitcoin will manage the market among the crypto currency, and it will be so for quite some time.

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[kjn311]

any body know the reason for current drop?

Periodic fluctuations, a decrease and an increase in prices in the crypto market are, in principle, a normal phenomenon. Among the possible reasons for this situation, I want to highlight the financial correction of the market, fluctuations in the BTC and some changes in the mood of investors. In any case, one must remember the high volatility of the market.

[jaywizzy]

All coins will definitely drop because bitcoin and ethereum have dropped these are the coins that determine the price of others coin especially bitcoin.

[NextDoor125]

People are not investing properly in altcoins. That's why price is falling.

[filterMX]

The decline in the crypto market now occurs because transaction volumes sell more than buy, and this is due to the effects of concerns about negative issues circulating so that investors and traders panic sell.

[JackVenedy]

Yes, but we also know that the crossover market is oscillating, which decreases the value of the altcoin but is negligible. I think it happens normally, I believe it will soon recover and thrive in the future.

[odranoel]

I think all the coins dropped this time, its because we are facing now the inflation rate which affects our market today. Less investors are investing.But, i believe that this dropping of coins will recover as soon our market increases.

[Bitcoin1216]

I think the thing that makes market drop is because of the many scam projects, as we know that a large project that was originally promising turned out to be a scam, some of the projects were Centra Cards, Titanium BAR and so on.

[madKudyson]

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.

[lousie9]

Yes, but we also know that the crossover market is oscillating, which decreases the value of the altcoin but is negligible. I think it happens normally, I believe it will soon recover and thrive in the future.

Of course all will recover only when the right time for the market goes back to green? Of course sentiment like this will continue to emerge if the price of Bitcoin is not too strong to rise even though the volume may now have increased but still the risk will be very large especially if we enter the altcoin there are many disadvantaged in Crypto who have participated in altcoin because everything is back to the lowest point even below the ICO price.

[acaciosc]

any body know the reason for current drop?

2017 year was really optimistic, the market cap grew up from $20M to $800M within a year and by the end of it I think the whales decided to fix profit, since then the current bearish trend has started.

[kz06]

I think one about the reasons why the cryptographic money advertise tumbled, is the vulnerability in the administrative condition in South Korea and China. What happened was we had some extremely awful news all of a sudden with Korea prohibiting digital money and China thinking about substantial directions.

[#Bentley]

any body know the reason for current drop?

2017 year was really optimistic, the market cap grew up from $20M to $800M within a year and by the end of it I think the whales decided to fix profit, since then the current bearish trend has started.

Bearish trend can not be very long. I'm sure that this year it will be replaced by a bull, as it used to be before.

[henrytran167]

at this time, altcoins is dropped. i think this cause bitcoin has dopped its price, so almost altcoins has lost their price.
so i only hope bitcoin wil rise, then all altcoin will grow and they can reach get higher price.

[letsfly]

All coins are dropping because of bitcoin is going down. This also brings down the overall price of all crypto because bitcoin is the driver of the crypto market.

[TomInVa57]

I already predicted a similar situation a year ago. Unfortunately, at this stage, the price of most coins has reached its maximum, so a temporary correction is normal. Just need to be patient and wait this difficult time to wait for a gradual recovery in prices from next year.

[Suwirump]

this is each one of the a prompt delayed consequence of the Bitcoin boycott in a few nations. The confinement of the utilization of Bitcoin impacts the decreasing in Bitcoin costs, in this way subsequently chopping down the cost of Altcoin. Costs go up in every way that really matters nothing, yet the decrease is high. I am thinking about whether this happens dependably then it isn't huge that the going with couple of days Bitcoin cost could diminish once again.

[rmapower]

Price of altcoins are dropping because the price of bitcoin is dropping this is because the price of all coins are tied to the price of bitcoin so when bitcoin start going up in price then so will the other coins start going up in price.

[Digicoinz]

nobody can we really say the exact problem that has cause this massive drop in rates but what i know is that anytime bitcoin falls almost all the altcoins also follow

That's right, I also saw that when the bitcoin slopped at $ 7000, because bitcoin like a daddy dies, it's impossible for me not to follow.It is a game that investors always look forward to.

[silverston]

Because,  big bear come to cryptomarket  if bitcoins falling all altcoins falling much more. Wait bulls