Alt coins are in red again ??

[cryptogirls85]

So... crypto currencies were always advertised as Decentralized... not controlled... and all that stuff.
But as it turns out there is always something (or someone) "Centralizing" or "Controlling" them... hence the price ups/downs 

[jacquelinecr]

I believe that the adaptations in the financial laws in Asia have affected the market. A large percentage of the cryptocurrencies investors are Asian and mostly from Japan and Korea.  These changes have affected everything on a global scale and something that's important to notice is that Trading in Asia and specifically in Korea is not possible if it's anonymous anymore so i guess these red coins and dips are partially the after effects of that.

[snowbubble]

Common start of week im even not surprised and its just beginning because chinese new year is near and until march will be same minus red days.

[Milamol]

Many assumptions were made. You can look at it philosophically. There was growth, now a fall. Then again there will be growth.
Do not worry, be happy (c) It can save our nerves.

[Striker17]

I think the reason why alt coins are red or going down because crypto market crash and also because of bitcoin is unstable of its value.

[mutrang23]

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation?

It's straightforward because Bitcoin and Ethereum are dropping sharply and many Altcoin goes down it's like a domino effect. But do not worry about it as it will come back in a few days. But still be careful because it will still be able to keep going down.

[RandyMagnum]

Sad red days. How to stop refresh blockfolio every 5 minutes, it makes me crazy, any advice?

[noonc]

It fell because bitcoin fell and all the coins went down with bitcoin, and I believe it will surely go back up, but at the same time it will also be able to clear some worthless coins, just like our merit mechanism, eliminating some non-quality posts .

[jouns]

The usual bearish trend, a little delayed, but by April, capitalization should grow to one billion and we will see a bullish trend and green altcoins.

[guneytasyurek]

The usual bearish trend, a little delayed, but by April, capitalization should grow to one billion and we will see a bullish trend and green altcoins.

I was expecting market cap to be 2 trillion im 2018 . Hopefully target would achieved.

[Mohamme]

The entire cryptocurrency market turned red.
I think it may be a big callback, with too much bad news recently, South Korea has implemented real-name accounts, China is further regulated, Japanese exchanges have been stolen NEM, facebook has banned the ICO ads and so on.
Investors lost confidence and everyone stayed on the sidelines.

[kikoy999]

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?

so altcoins may be dropping due to the lack of investor in an altcoin as many investors in a coin will increase its price. So I'm pretty good at the many investors who buy altcoin because you're sure to earn it and raise its price.

[xuv500]

Crypto market is always volatile and this prices down on all crypto currencies including bitcoin is due to many factor, correction and bad news like south korea bans crypto transactions are some of the factor affecting this but not these two factors alone is impacting the crypto market. If you watch the trend of crypto market, until June or July month all the crypto currencies will be in base price and after that it picks up.

[yanesna3]

It could be both but I think that the low prices are because of the changes in the financial laws in South Korea. 70% of the cryptocurrency investors are from Japan and Korea. What is happening there influences the price of cryptos in all the world. The laws that the Korean government issues, could be issued in our countries too and as you probably know trading anonymous in Korea is not possible anymore.
The old financial world is struggling to survive.

This is the greatest fall for the last 2 weeks. So the last day of January 2018 will be remembered for it. I do not think that only South Korean events affect it. Russia also plans to control crypto. Hackers attack exchanges. 

[Rajamuda]

I just thinking it will recover soon, whatever the causes.. honestly I'm really still believe, surely after that.. there will be a better things that would be to shifted it.
I think the some of the strongest causes is about prohibition, negativelly things, or distrust. It's better if we pick some altcoins that's really popular and can be trusted in interest to many investors/traders.

[cryptofunn]

since altkoins are tied to bitcoin, then with violent movements of bitcoin, the altkoins react with a fall. Now several factors have coincided, which create a negative news background for bitcoin. Because of this, the market is being adjusted. This is the Chinese New Year, and the regulation of cryptology in Korea. In addition, some large exchanges closed registration for new users, thereby restraining demand. But all this is a temporary phenomenon and at the end of February the market will come to life again and will give a huge growth, as it was last year. Now accumulate your positions in the first 20 coins

[valnd]

Alt coin went to red because of the recently news about the law suite against USDT. they are asking them to do a public audit.
you can read more about the news. https://www.bloomberg.com/news/articles/2018-01-30/cryptocurrencies-extend-losses-as-exchange-said-to-get-subpoena

[lendahawkins]

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?

From my opinion the red alt happen because there is a lot of bad sentiments out there about cryptocurrency. From the value of bitcoin that have no shape, coin exchange in japan have been stole by hacker and facebook ban all the things about crypto in there. All that things make the trust of investor down to crypto. But it doesn't mean there is no correction later. As usual after the red line the currency price will back to normal.

[rhyajelle]

it happens every year, at the beginning of the year very much altcoin is down. but in the middle of the year they will climb again with a high price.

[Herdirfauzi]

Bitcoin price volatility is very high and fast. bitcoin up and down 1000 Usd to 500 Usd easily. This is big reason Alt coins Not stable and the price is going down.

and this is the right time when me and some people buy to save bitcoin, and wait until the normal price returns.