pcfli
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Activity: 1006
Merit: 1000
SafeHaven.Finance
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January 20, 2019, 07:05:58 PM |
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All coins are solely dependent on Ethereum and Bitcoin so the drop with has actually seriously affected other coins. But this is just a phase that will pass
From Ethereum, I doubt that something depends now, only the ico market can, but from bitcoin most of all depends on whether the market will grow or fall Markets are depend on other factors not only major ones like bitcoin,ethereum. ICOs aren't profitable anymore and honestly i can't see any light at the end of tunnel. Something is wrong with both people and market.
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dupee419
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January 20, 2019, 07:32:17 PM |
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In every drop there will always be a valid reason, but just to be clear, you shouldn't base the market's status on BTC alone, because some coins are popping up and some are dropping off, and some altcoins will have their own reason on why the price is dropping, same with the other altcoins.
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getrichquack
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Need money
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January 20, 2019, 08:13:18 PM |
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There are many reasons to altcoin drop. Pressure comes from SEC, government and scam projects
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Sundaey
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Activity: 518
Merit: 4
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January 20, 2019, 08:21:17 PM |
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I think it's because people never want to wait till it their turn in placing orders on exchange every one or two people are willing to sell fast at any rate not minding if it get dump or not. Most by bounty hunters.
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Branko
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January 20, 2019, 08:23:43 PM |
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I think it's because people never want to wait till it their turn in placing orders on exchange every one or two people are willing to sell fast at any rate not minding if it get dump or not. Most by bounty hunters.
I don't get it, if all bounty hunters dump altcoins for ETH and BTC, should't those two actually go up, due to high demand?
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kissme09
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Merit: 100
PayAccept - Worldwide payments accepted in seconds
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January 20, 2019, 08:26:19 PM |
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any body know the reason for current drop?
This is the result of Bitcoin dropping. You find this crazy when it affects all Altcoins. But Bitcoin has a huge impact, and when it goes down, it pulls all Altcoin down with it. Sometimes Bitcoin growth submerges other Altcoin.
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FUD Expert
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January 20, 2019, 08:37:29 PM |
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In trading like forex or stocks, when everything is rising so high, you need to sell more than half to take profits. Now if you are not an experienced trader, you will become a victim on trading because you are still emotional and you get attached with your coins.
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ololajulo
Sr. Member
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SOL.BIOKRIPT.COM
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January 20, 2019, 08:38:15 PM |
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Everything is being tried now to savage the situation, the supremacy of bitcoin is having more effect than we want; lets try using fiat to buy our asset in altcoin and see what happens; more exchanges are adopting these icluding binance in UK market, at least fiat value is not as volatile as all the coins on cryptocurrency.
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Freddy63
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Activity: 434
Merit: 10
SESSIA
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January 20, 2019, 08:57:23 PM |
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All crypto currencies are dropping because... no one knows actually what is going on and these predictions are useless. Man, crypto is so manipulated asset, so I suggest you don't think about it.
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Skroojee
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January 20, 2019, 09:07:54 PM |
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I think that it is not necessary to panic, because now there is just such a situation. The crypto-currency market will continue to fall as it is still a bearish market, in addition, there are passing news that have a negative impact, but in fact it is only a manipulation, so for example, China and Korea threw a ban on crypto-currencies.
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seggardinggins
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January 20, 2019, 09:23:11 PM |
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Many factors cause the price of all coins to fall, in my opinion the main factor is about banning Bitcoin ads on Google and the many ICO scammers. Many people think that in 2018 Crypto is the worst and until now the Bearish market has occurred. All ask when the market recovers, we wait and observe the development of digital currencies.
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fianaindriati
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January 20, 2019, 09:29:13 PM |
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any body know the reason for current drop?
of course, behind the decline in bitcoin there are certain reasons, like the current situation, although many people like bitcoin. but besides that there are many people who don't believe and sometimes think negatively about bitcoin so sometimes the problem can make the price of bitcoin go down.
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Akpuv
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January 20, 2019, 09:38:49 PM |
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any body know the reason for current drop?
It is still the same old time stuff. Cryptocurrencies always fluctuate and drop in price and then picks up again to recover. It is always back and forth.
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whirlcoin
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January 20, 2019, 09:42:18 PM |
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any body know the reason for current drop?
It is strange that such obvious things need to be explained, especially considering when you asked this question apparently really believed that strong growth coins from nothing is eternal? Everything is cyclical and this is the answer I don't know the exact reason for the price dropping but the only thing that I definitely sure this people will definitely disturbed by the sudden drop of all currencies if it will not come back to the normal question the lots of people will go out to other way of money making.
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fianaindriati
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January 20, 2019, 09:52:17 PM |
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any body know the reason for current drop?
the cause of the current price decline is very much, and we cannot guess correctly and correctly from the causes of the price decline. the problem is the exact cause until now is unknown to many people so we never knew it too.
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CapnBDL
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January 20, 2019, 10:33:05 PM |
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Because the whole market is falling, Bitcoin is falling, and everything else is behind it. Withdraw money from the market, and therefore it falls, when they get money, it will grow, a pure science.
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akuser
Full Member
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markaccy.io
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January 20, 2019, 11:26:10 PM |
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Everyone panicked and suffered heavy losses. 80% of the altcoin market falls and it is difficult for coin holders to survive. the best choice is to wait for the bear market but only the panic that causes this decline. always DYOR.
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entebah
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January 20, 2019, 11:33:01 PM |
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Yes, because in the business world no one is always profitable, so it requires a turnaround first, and for the current Bitcoin price is the result of very high price increases in the last 2017, so this year we can only see a decline and decline. So I suggest making it valuable learning in the future.
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jcmansah7
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January 20, 2019, 11:33:58 PM |
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Well the crypto market has been facing some slight ups and downs since the beginning of last year and this is basically due to all the legal issues that are popping up in the crpyto space. News like the pending approval of Bitcoin ETF and other legal issues surrounding the crypto market all contributes to the spread of fear which further leads to panic and cheap selling on exchanges. Hence the reduction in prices of cryptocurrencies.
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Rtalk
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January 21, 2019, 09:23:20 AM |
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The main reason for the fall of the market in my opinion-the manipulation of major players, cryptocurrency exchanges (for example, BitMEX), the conversion of funds from cryptocurrencies into stable coins and the lack of regulation in the market as a whole.
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