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playboy654
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Activity: 546
Merit: 32
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January 21, 2019, 10:21:43 PM |
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Many factors are pushing the prices down. For instance the products have no value, over 90% of ico failed. Crypto buble has been exploded, we need more time for market get healthy again.
The reason for the price drop is the people will not accept their investment for long term while it being get withdrawal in short time the value will affected by that this will be the main reason the cryptocurrency are dropping so much very quickly.
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minus_one_crypto
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Activity: 462
Merit: 10
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January 21, 2019, 10:33:01 PM |
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The cryptocurrency market fluctuates greatly. I think we should get used to the big fall and the big growth. No need to worry.
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CapnBDL
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January 21, 2019, 10:33:46 PM |
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Because the whole market is going down and everything else is behind it, is it trivial? Is not it so?
Bitcoin manages this market if it falls then everything falls very much as it falls to the bitcoin and the dollar.
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AlekseyCrypto
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Activity: 518
Merit: 11
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January 21, 2019, 10:38:34 PM |
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All coins are dependent on Bitcoin. Whatever they were not good these coins, but they will cost a little, because bitcoin falls. Perhaps soon the coins will become independent of bitcoin and will cost as much as they have the prospect of development.
I think the price of coins can be decoupled from the price of bitcoin in 10-15 years when this market becomes much larger and more stable.
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cryptolidus
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Activity: 406
Merit: 10
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January 21, 2019, 10:53:20 PM |
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The coins are dropping as we are in a bearish market with a downtrend. If the main coins like BTC, ETH are decreasing the other coins are following this. All the coins behave in a strong correlation with BTC.
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Dellosoft
Copper Member
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Activity: 206
Merit: 1
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January 21, 2019, 11:08:09 PM |
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The downtrend nowadays occur even without a reason. Emotions control the market, for instance, Constantinople was postponed to February, some noobs or weak hands might take it for a major glitch and dump hard. We await a time when the market will maintain a level of stability.
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kr105
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January 21, 2019, 11:15:24 PM |
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There are alot of different factors for a coin to drop. This is just how it works when it comes to crypto market. Coin price can’t rise forever. It’s a long time process. Many of us losted most of the money that we invested in crypto. But still, it doesn’t mean we can’t start to make some profit again. Honestly i still believe in cryptocurrency. The future will be bright.
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marks1976
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January 21, 2019, 11:24:00 PM |
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All coins are dependent on Bitcoin. Whatever they were not good these coins, but they will cost a little, because bitcoin falls. Perhaps soon the coins will become independent of bitcoin and will cost as much as they have the prospect of development.
I think the price of coins can be decoupled from the price of bitcoin in 10-15 years when this market becomes much larger and more stable. Most of altcoins must leave from the bitcoin domination. that's not a problem when they are having a pair with stable crypto but this will be much better rather than following bitcoin. Become independent will be more suitable to get the best price for altcoin. price will determine from the development result.
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moon sorcerers
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Activity: 700
Merit: 100
Sovryn - 300-500% APY on USDT Deposit
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January 21, 2019, 11:33:13 PM |
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any body know the reason for current drop?
The investors are decreasing I guess? People is very essential and investors are people around the world who support the projects in the market. They are very essential as they are those who states the market price of the cryptos. I think the decline in the number of investors is not the main factor that makes crypto prices fall, it looks like the price of crypto drop is caused by many people selling their coins after high price increases at the end of 2017, because the drastic decline made investors hesitant to return to investment, this made crypto prices difficult to recover
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Elorika
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Activity: 266
Merit: 1
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January 21, 2019, 11:40:48 PM |
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any body know the reason for current drop?
All coins fall due to the fact that bitcoin is in a downtrend and I believe that because of this, most of the coins fall
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imusify.com ❰ Award-Winning Blockchain Music Platform ❱ Presale starts Mar 1
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Classica35
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Activity: 518
Merit: 3
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January 21, 2019, 11:58:08 PM |
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any body know the reason for current drop?
Either a coin pumps or it dumps, there is usually a reason behind it. That reminds me of a friend, who usually ask whenever a coin is moving uptrend, he would ask, "what is pumping, that particular coin". So there is usually a news and as we have been using, an update. Imagine what happened to ethereum early this month. The announcement if hardfork pumped it, while it postponement caused the dump.
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pelumi20
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Activity: 712
Merit: 15
SmartFi - EARN, LEND & TRADE
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January 22, 2019, 01:06:32 AM |
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I am not 100% certain of the cause for the drop in the value of coins recently, but I think it is due to the ethereum blockchain upcoming hardfork the same reason it pumped early this year.
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go4crypto
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January 22, 2019, 01:09:30 AM |
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Market is still trading slightly above its absolute lows hit last month. Minor rises and selloffs are part of the basing process before it will start a stronger bull run.
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BitcoinCazh
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January 22, 2019, 06:10:23 AM |
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All coins are dependent on Bitcoin. Whatever they were not good these coins, but they will cost a little, because bitcoin falls. Perhaps soon the coins will become independent of bitcoin and will cost as much as they have the prospect of development.
its not always true when bitcoin drop then all coins will drop too. market for altcoins and bitcoin is different, you must know it, every coins has their market, volume transaction, and volume coins his self. case when bitcoin and other coins drop too that just global problem
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VadikZimnyayaRezina
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Merit: 100
MenaPay - Crypto made easier than cash
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January 22, 2019, 07:44:41 AM |
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any body know the reason for current drop?
Investors are holding useless coins, the market is oversaturated, technology has lagged a bit in development. What else could be expected in such conditions, only prolonged bears.
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Rtalk
Jr. Member
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Activity: 420
Merit: 1
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January 23, 2019, 09:28:35 AM |
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One of the reasons for the fall is that large investors are waiting for the regulation of the industry.They need a guarantee,many of them trade on the OTC. As for small investors who can push the price up-they just ran out of money and there are no new injections into the market.
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luongdk
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January 23, 2019, 09:49:54 AM |
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market is unfavourable and that's why it happens. All coins are dumped hardly and you can just wait and select good coins instead of shit coins. Take care about your portfolio, it is like a job, you should constantly follow your portfolio and rebalance it after some price changes and so on. Learn to do your own research!
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onetwostep
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January 23, 2019, 09:58:53 AM |
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The biggest reason for the decrease in prices is the ongoing downward trend and therefore people who are afraid of investing. Now investors are not willing to invest more for the people we lost a lot of money, doing sales person entering into a panic and is constantly evolving coin prices in a downward direction
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TelolettOm
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January 23, 2019, 10:43:10 AM |
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The first thing we have to know is that the factor of bitcoin is what makes the current average bitcoin decline, which is why the market has experienced a considerable decline
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