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Author Topic: what causes the price of altcoin down?  (Read 4130 times)
shainasaz
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March 10, 2018, 07:16:25 AM
 #41

Mostly if the bitcoin price fall down altcoin will be followed falling down also and this trend we can say the altcoin only relying bitcoin price if it is down altcoin down if it is up altcoin also up the value. but there are some issues that can cause the altcoin down like a latest happened that binance hacked or any issues related to cryptocurrency, may this issues can really affect the altcoin down.

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AgatioX
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March 10, 2018, 07:21:42 AM
 #42

The only reason is what happening to bitcoin. Whenever bitcoin price falls, altcoins prices fall too and altcoins price fall is usually bigger than bitcoin.


After bitcoin reached highs and went on correction then alts mooned in december.
Expecting same movement in future.

So what you said is depends....
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March 10, 2018, 07:24:50 AM
 #43

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.


Crypto market now always depends on the rise and fall of bitcoin prices.
so when bitcoin falls and rises will greatly affect the price of altcoin. after the bitcoin is stable, many altcoins will grow

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Seresjen
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March 10, 2018, 07:28:22 AM
 #44

Definitely the price of bitcoin directly influences the other altcoin, united intrinsically, but from my point of view I think it is by the regulations of cryptocurrencies in certain countries and by the lack of knowledge about certain altcoin that can work above those regulations , deeponion for example, allows the use of its cryptocurrency in a low profile, allowing its users to keep their currencies without being victims of regulations without reason.

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dodziu
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March 10, 2018, 07:33:10 AM
 #45

The elasticity of both Demand and Supply merigoranding around Bitcoing Itself caused by in some case Bearish mkt, brings down Altcoin Prices. The shortcomings being spread around Bitcoin in some economy, for instance Japan, which has great effect on Bicoin Price could also be another reason because when the Bitcoin price goes down, Many Atcoins prices follows suit.
Luna0120
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March 10, 2018, 07:36:14 AM
 #46

In this market, manipulation of price has a very strong influence. And if investors earn on long-term storage, then traders profit from falling and rising prices.
dwiady
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March 10, 2018, 07:39:22 AM
 #47

Quote
give your opinion why altcoin cheap price?
altcoin down a few days is the effect of following the pair price with bitcoin, because bitcoin is affected fundamentally because of news from China that blocked Crypto Exchanges on Social Media

Quote
is it time for us to buy altcoin?
yes this is the right time, because the fundamental impact will be the price reflection

Quote
why every mid year altcoin is always cheap.
yes mostly in mid year there is a lot of price correction
hakatu
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March 10, 2018, 07:43:59 AM
 #48

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.

It's time to buy the dip, or so they say. If you want to maximize profit, you'd have to learn about trading and catch the technical bottom.
And I do believe in market circle for your third question. Keep in mind though, there's always a bigger circle round the smaller one. Something that went up must go down.
GDragon
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March 10, 2018, 07:45:39 AM
 #49

The only reason is what happening to bitcoin. Whenever bitcoin price falls, altcoins prices fall too and altcoins price fall is usually bigger than bitcoin.

I agree with your statement, as long as bitcoin will continue to fall then the altcoin will be the same but when btc will rise then some altcoins will rise too like domino effect. Some investor also said that today will be a good chance to hold altcoins.

Ali Akbar Torang
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March 10, 2018, 07:45:46 AM
 #50

alt coin still depends from bitcoin, so everytime bitcoin price down, altcoin following as well. And if we have question if this the time for investor start to investing in alt coin, of course i say yes this is the time, just find a dip for yourself and start to invest.

cryptojohn9
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March 10, 2018, 08:13:20 AM
 #51

There are so many causes of altr coin down but any specefic reason is not main prior for altr coin down . most of the altr price double so that market corecction happened persoanly i think that . but its good sign for market when price increase so high that means any time correction happening. 
BillCoin
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March 10, 2018, 08:20:14 AM
 #52

Altcoin's prices went down because the price of bitcoin went down.
Decreasing in bitcoin's price shows weakness of the market,the fear rate goes up and people exit the crypto market.
Not only that, the regulation really helps the negative rally as regulators are trying to prevent people from selling their earnings for fiat, which deterrent people from investing in crypto at the first place as they won't be able to go out with money later.

sonphamuser
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March 10, 2018, 08:37:01 AM
 #53

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.



At my suggestion, i think Qtum, NEO is good coin to invest at current, but i don't encourage you all in, you can read news, crypto signal group to know time to buy. Hope you bought at dip  Grin
that's true even though the coin you mentioned has potential that we think is good but it would be better if we want to read any good coin news because usually the krypto signal group predictions are often successful so if we follow them the possibility of loss becomes very small

Yup, I do not want too dependent on the crypto signal, i often research from a variety of sources, especially from their discussion channel, followed by official news from twitter, major news sites.
Rangga27 (OP)
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March 10, 2018, 11:08:05 AM
 #54

Altcoin's prices went down because the price of bitcoin went down.
Decreasing in bitcoin's price shows weakness of the market,the fear rate goes up and people exit the crypto market.
Not only that, the regulation really helps the negative rally as regulators are trying to prevent people from selling their earnings for fiat, which deterrent people from investing in crypto at the first place as they won't be able to go out with money later.


oh means now the price of altcoin down is the cause of Bitcoin down?
BlackPanda
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March 10, 2018, 11:13:22 AM
 #55

Altcoin's prices went down because the price of bitcoin went down.
Decreasing in bitcoin's price shows weakness of the market,the fear rate goes up and people exit the crypto market.
Not only that, the regulation really helps the negative rally as regulators are trying to prevent people from selling their earnings for fiat, which deterrent people from investing in crypto at the first place as they won't be able to go out with money later.


Altcoin is very easy to be affected and ascertained that when the price of Bitcoin moves it will affect the price Altcoin. In addition to the lack of confidence in Altcoin makes Altcoin Prices can easily change quickly, even when there is still news that the rumors are limited it will have a big effect on the condition of altcoin, This is indeed inevitable. Altcoin's market share that is still small enough still has to be developed, and until now investing in Altcoin can be very risky, for anyone who wants to make a safe investment then Bitcoin is the best choice compared to Altcoin.
ngusmin
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March 10, 2018, 11:16:18 AM
 #56

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.

The market is again unstable, the low amount of demand causes the price of altcoin to fall, for the future the price of altcoin will gradually rise. Positive thinking is better.

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styca
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March 10, 2018, 11:20:59 AM
 #57

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.

Prices are low now only relative to the Dec/Jan high.
Most coins are still at what would be considered ATH as recently as early December.
Prices can't rise continually without some retracement. I think we need to look longer term.
Rangga27 (OP)
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March 10, 2018, 11:35:05 AM
 #58

The only reason is what happening to bitcoin. Whenever bitcoin price falls, altcoins prices fall too and altcoins price fall is usually bigger than bitcoin.


After bitcoin reached highs and went on correction then alts mooned in december.
Expecting same movement in future.

So what you said is depends....
so every December altcoin will be its high price? but why every March until August the price of altcoin down?
Igromania
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March 10, 2018, 12:50:51 PM
 #59

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
1) Because a lot of bad news and the market reacts to them
2) I think this is a good time to buy some promising Altcoins at a good price.
3) I don't know why this happens) Maybe just a coincidence?)
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March 10, 2018, 12:57:37 PM
 #60

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
As far as I know, investors are now awaiting moves by governments to issue a legalization policy for the crypto market. So, this is a good time to make wise decisions and seize the best opportunity now

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