Why are altcoins still dropping in price

[ChConcept]

Most likely it will be due to bad publicity that BTC and other altcoins are getting. If you're a veteran in this cyrpto currency market, you'd know the trends and keep calm. Moreover, bad publicity makes the people lose confidence in the market and thus shy away from further trading/investing. The market isn't exactly at its melting point even with the current saturation and a lot of people still are wise enough not to fall to the panic pit.

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[Gunpaycity]

many people who already suspect this will happen because some time ago the price of btc and alt-coin price is so high that people will sell their coins and eventually the coin becomes a lot in the market so the price becomes dropped drastically

[qiwoman2]

Mass media keeps reporting that Bitcoin and Cryptos is a big bubble waiting to burst and all the fud that has been reported plus the Chinese new year have made the market very bearish and flat now. We need fresh blood and new money to come in but most of all we need people in this space that really believe in the technology. Now all the newbies have left and cashed out we need to attract new types of investors and that is going to be tough given the current sentiment surrounding cryptos. Cryptos will still keep dropping as long as there is FUD and high risk speculators.

[toolsmans]

Not only are altcoins dropping, but btc as well. It really hurts to see your portfolio all in red. I slept earlier than normal so that i wouldn't see my holdings dropped hoping that all will be better in the morning when. Unfortunately when i woke up, btc dropped and all other coins dropped as well. My holdings melted around 30-50% of its normal value and it really sucks.

I observe the same situation. 50-60% in a minus from the general capital. He concluded that in the future it is necessary to fix profits in Fiat and use other investment tools in the future, and not to focus only on the crypto currency. Now I consider investment in HYIPs in crypt and Fiat, also consider investing in real business.

[proexcept]

Btc hasnt dropped very much more and it seems like some alts like linda, verge, and electroneum are still dropping how long will it yake for them to rise back up

Altcoins are falling due to the overall negative situation on the crypto market. Whales manipulate bitcoin and deliberately lower the price. Almost all alts fall to the bottom due to these shitty news and rumors.

[grek_al]

Btc hasnt dropped very much more and it seems like some alts like linda, verge, and electroneum are still dropping how long will it yake for them to rise back up

Altcoins are falling due to the overall negative situation on the crypto market. Whales manipulate bitcoin and deliberately lower the price. Almost all alts fall to the bottom due to these shitty news and rumors.

it's obviously, waiting for US, South Korea, Indian and Thai markets to break negative stories by February, prices of major crypto-currencies decrease more and more. Big market players waiting to invest millions in Bitcoin and smaller crypto counterparts. It’s easy to guess, find the common corporate entity that controls media houses in these countries.

[umar22pk]

I don’t think so…if you have less followers or friends in your account which not fulfill the requirement any specific bounty…then you have to check requirement of that bounty, in that case you can skip that bounty.

There are a lot of those bounties which are not requiring followers or friends in thousands, so you can join that kind of bounties.
After that when your Account grown then you can join campaigns which demands high ratio of friends.

[axiline]

Because in some parts of the world there are many bad news from governments, and many people are panicking in trade and many are losing their nerve. I think this will last until the end of February.

[waiki]

Why are altcoins still dropping in price ? Because the state government and various social media still prohibit the advertising and promotion of various crypto altcoins, if there is no longer any ban from all parties then altcoins will rise again peaked.

[megget]

Altcoins always fall and grow stronger than bitcoin. And the trend of growth / fall of altcoins correlates with bitcoins. Now the altcoins are in the same place where bitcoin - in the ass. But I think we have not seen the bottom yet, everything is just ahead.

[Pokemon Go]

altcoin prices dropped in my opinion because bitcoin prices dropped then altcoin prices also fell, because in my opinion bitcoin is the pillar of all coin in crypto

[dioneparaiso]

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[CBESH]

Looks like another bloodbath today!

[cryptodevs]

Because the total marketcap of cryptocurrencies are still declining thats why bitcoin and most of the  altcoins are bleeding and sharing their burdents to each other,lets hope that bitcoin will not collapse that easily.

[7788bitcoin]

Everyone here is talking about rumors all the time,it is true that the market do react to each and every news around the world and this time around all the negative news is dragging the market down,the recent thing is that banks stopped the use of credit card to purchase crypto currencies and China banned foreign crypto exchanges.

[Barcode_]

Because there are a lot of negative news about crypto-currencies circulating around at the moment, more governments have started to tighten down and impose stricter rules and regulations against crypto-currencies exchanges operating in their countries, I believe the price of altcoins will still be dropping in the coming weeks.

[xhienigat]

No one really knows until when the drop of the prices are because it depends on the market or the whales that are controlling them. But if you base it on from the previous years, possibly around May it could be back on its track. From the looks of it, it still has not stopped from dropping its price so let us just wait and see if it will be the same pattern as of the past few years.

[Benarand]

Btc hasnt dropped very much more and it seems like some alts like linda, verge, and electroneum are still dropping how long will it yake for them to rise back up

Considering that the whole market is tied up in bitcoin, they are starting to issue bad news about the ban on mining in China, on the prohibition of trading in cryptocurrencies in South Korea, etc. Until all this hype is satisfied, there will be a correction. I'm waiting for the market to recover)

[Sarastiche]

Bitcoin and Ethereum are the driving force for altcoin,jut as Dollar is to other fiat,price reduction of  Bitcoin and Ethereum is the reason behind the droping of altcoin price

[hashshashin]

Btc hasnt dropped very much more and it seems like some alts like linda, verge, and electroneum are still dropping how long will it yake for them to rise back up

The situation on the market really strains, but no one will tell us exactly when the market will recover. But there is an advantage in that you can buy coins at low prices.