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Author Topic: Alt coins are in red again ??  (Read 1121 times)
justaminute
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February 01, 2018, 04:50:40 PM
 #121

A lot of bad news lately we get. I think that's the problem in this. Soon there will be holidays in China. No one wants to work)). It is necessary to wait a while. I think that for three more weeks everything will be bad.
samanthacrypto
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February 02, 2018, 05:44:35 AM
 #122

i think, Bitcoin decrease sharply, therefore many people not take altcoins, but this time good time for buy
rezurect
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February 02, 2018, 05:53:12 AM
 #123

A lot of bad news lately we get. I think that's the problem in this. Soon there will be holidays in China. No one wants to work)). It is necessary to wait a while. I think that for three more weeks everything will be bad.

On the positive side, most of the news is either fud or fake and get's debunked pretty fast.
Flor1982
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February 02, 2018, 05:53:25 AM
 #124

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

I called this crash as the ultimate correction manipulated by Bitcoin haters because to think lot of good development happened in digital currencies like South Korea won't ban crypto anymore, Netherland will fully support digital currencies and many more but still the market is crashing therefore i believed this is  a manipulation and conspiracy to take down digital currencies.
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February 02, 2018, 05:58:05 AM
 #125

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

It seems to the crypto market is shaking. Red zone and green zone change each other constantly. In the morning you see that your favorite alt is gaining, but it can become a loser close to the evening. Wait, friends, just wait for stabilization.
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February 02, 2018, 06:30:49 AM
 #126

This is just a normal thing to happen the total marketcap of cryptocurrency is declining from the past 3 weeks from 600B total marketcap it slides down to 400B and thats one factor to be considered on how the bitcoin's will move,thats why you need to be vigillant on how the market works so you can adjust in any situation.
Compa
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February 02, 2018, 06:39:20 AM
 #127

yes, too much of altcoins is down now, because bitcoin is down too
I hope the price will be recover in the near future, a panic happen in the cryto world in this years. Keep patience and keep hold your altcoin or bitcoins.

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Tamilson
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February 02, 2018, 07:08:10 AM
 #128

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

I called this crash as the ultimate correction manipulated by Bitcoin haters because to think lot of good development happened in digital currencies like South Korea won't ban crypto anymore, Netherland will fully support digital currencies and many more but still the market is crashing therefore i believed this is  a manipulation and conspiracy to take down digital currencies.

If this is pure manipulation therefore the one who manipulates it is some big whales and I don't think that they'll approve to take bitcoin down because at the first place they'll be the one who'll suffer big losses. I mean they're the only ones that can do manipulation and not the government, but still there's something going on in the market and no one knows where it will take us.
However, I'm still hoping that this is still a correction that's usual?

Happy Coding Life Smiley
legenduim
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February 02, 2018, 07:20:55 AM
 #129

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?
Now it does remind me neither correction nor stabilization. These fluctuations are caused by the fact that now all feel at a loss – what if crypto is banned somewhere again? Even experienced traders do not know if it is better to buy alts, sold coins or hold them.
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February 02, 2018, 08:45:29 AM
 #130

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?
There are other factors that cause the red market to be too much of an issue that happened earlier this year and more have forbidden the existence of cryptocurrency, but I think it's just a diversion from various parties to launch its action to buy at the lowest value, well I think in the opposite direction cause more and more people are panicking it will increasingly plunge until bloody.
The news that came from India on February, 1 (I mean bans for many crypto operations, etc) affected the market very much. That is why all coins (almost) came to red zone. Sure it is just a temporary fall.
guneytasyurek (OP)
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February 02, 2018, 08:48:41 AM
 #131

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?
There are other factors that cause the red market to be too much of an issue that happened earlier this year and more have forbidden the existence of cryptocurrency, but I think it's just a diversion from various parties to launch its action to buy at the lowest value, well I think in the opposite direction cause more and more people are panicking it will increasingly plunge until bloody.
The news that came from India on February, 1 (I mean bans for many crypto operations, etc) affected the market very much. That is why all coins (almost) came to red zone. Sure it is just a temporary fall.

Bitcoin comes under 8,5K and total market below 400B , i start to thinking it is temporary ?
kololo
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February 02, 2018, 08:49:38 AM
 #132

Altcoin has more fluctuate that bitcoin. When the market pump, altcoin pumped more.

When the market dump, altcoin dumped more.  
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February 02, 2018, 08:50:16 AM
 #133

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?
There are other factors that cause the red market to be too much of an issue that happened earlier this year and more have forbidden the existence of cryptocurrency, but I think it's just a diversion from various parties to launch its action to buy at the lowest value, well I think in the opposite direction cause more and more people are panicking it will increasingly plunge until bloody.
The news that came from India on February, 1 (I mean bans for many crypto operations, etc) affected the market very much. That is why all coins (almost) came to red zone. Sure it is just a temporary fall.
the effect of banning coins in india makes the price of coins lower. but we do not need to be clean and worried because the fall in coin prices is only temporary and will not last long. so do not panic sell because in the next time the price will be stable.

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February 02, 2018, 08:50:36 AM
 #134

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?
There are other factors that cause the red market to be too much of an issue that happened earlier this year and more have forbidden the existence of cryptocurrency, but I think it's just a diversion from various parties to launch its action to buy at the lowest value, well I think in the opposite direction cause more and more people are panicking it will increasingly plunge until bloody.
The news that came from India on February, 1 (I mean bans for many crypto operations, etc) affected the market very much. That is why all coins (almost) came to red zone. Sure it is just a temporary fall.

the audit of bitfinex and USDT don't help either, some allegation was made during the lasts months that BTC was artificially pumped by bitifinex using new created USDT.
and now we see it's reversal.

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Titus pollo
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February 02, 2018, 08:53:37 AM
 #135

I don't think India is a big cryptocurrency trading country at the moment so the ban shouldn't really affect bitcoin.
Pasadoble
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February 02, 2018, 08:56:06 AM
 #136

Yes they are permanently red, and it lasts forever.
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February 02, 2018, 08:59:12 AM
 #137

probably because of the declining effects of Bitcoin as well so that all the holders of cryptocurrency from Bitcoin to Altcoin all panic and sell their owned assets so that it now impacts the decline of all cryptocurrency prices

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February 02, 2018, 08:59:39 AM
 #138

Crypto currency reacts pretty hard on any news. If it's bad news it goes down, if it's good news it goes up.
Alt coins are also heavily tied in with BTC. If BTC takes a fall most likely a lot of Alt coins will join the fall.

What I do when the markets are going down is just hodl. Don't panic sell. If I have some BTC left I even try to buy some cheap alt coins.

I Agree.
Most importantly do not panic, if necessary even buy a lot of coins, then in the hold
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February 02, 2018, 09:39:00 AM
 #139

This time it is different and the market won't be able to go back to where it was even by the end of 2018.
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February 02, 2018, 09:49:08 AM
 #140

Anybody would please make comment why alts are decreasing sharply ? It is correction or there is another speculation ?
It is a correction and the result of FUD in Social Media. Whales are also add up with this event and they took the opportunity to accumulate bitcoin and altcoins  at a very low price. this tide will eventually reverse anytime soon.

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