what causes the price of altcoin down?

[monmoni]

It has relevance with bitcoin price, when bitcoin price is dropping so with alt coins. Its usual in this markets and gives us benefit to buy on low prices, surely to get a huge earning when the price is higher.

[CasinoExpert]

in the crypt there are a lot of newbies who sell all their coins because of FUD or coin correction, and then there is a chain reaction.

[Renu kapoor]

Main reason behind down price of altcoin is bitcoin when ever the price of btc goes down altcoin also go down, because the main coin used for transaction of coins is btc, every one want btc in exchange of altcoins whenever main coin price reduce all coins fall.

[Greenrace]

I know the price of altcoin is influenced by the price of bitcoin and the supply of coin market and also influenced by the interest of people buying altcoin it so many factors that affect why altcoin prices are always lower than bitcoin

[magemist]

in the crypt there are a lot of newbies who sell all their coins because of FUD or coin correction, and then there is a chain reaction.

Or you steal the coins right from them huh?!

Do not believe this bastard!
HE IS FULL OF SHIT!


Gave me telegram: @FHCP9999 GOING BY THE NAME Francio says he is from Ecuador. Another fucking lie but Spanish just from the names he was giving me earlier (several different email addresses).

He is running a scam here using multiple accounts all linked by this one address:
https://blockchain.info/address/1Q8PWr4LLNqQcqAwMYA8QwEyhpJm9Z7qRm

Just look at all the payments made mine being the last one made.

Other accounts: Humberone, Davidxxx and alot more.

Francisco Carjavel is his name he gave out.

[glavos]

Usually it is bad news or just Bitcoin going down and taking all altcoins with it on the way.

[oneidentity]

The only reason is what happening to bitcoin  . Whenever bitcoin price falls, altcoins prices fall too    Since all pairs are tied to bitcoin ,  but this will soon change

there are currencies that are traded to the dollar. However, they also fall. Therefore, I think that the reason for the general negative sentiment in the market is the Crypto-currency. My opinion is just manipulation and everything will change soon.

[zhangcaisbsbn55]

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

I think it is a good time to buy in more coins. We can wait patiently for us to earn more money. And the ban of some country may influence the price.

[R3ffun]

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

Altcoin decreased due to decreasing interest in Altcoin. besides, that Altcoin decreases could also be caused by the number of holders who sell their Altcoin. so that the price drops.

[iBlitz22]

No one really knows what is causes this downfall and what is the agenda behind this situation that the cryptocurrency is facing of.  But what we can do is to think of the brighter side which is buying those altcoins that we want to invest with before like Ethereum and Litecoin.

[gizmodo1987]

The falling of altcoins is because of bitcoin is falling. Also those altcoin holders I think is in exit mode to btc. The price of btc is going down cause many are selling their btc. But in the first quarter of the year crypto market is expected to be in red if you look at the previous years its the same.

[Torps1]

Price of altcoin being down may be associated with many factors, primarily what causes the instability in price is linked to supply and demand of the coin. But outside supply and demand, issues relating to regulations by Government( which has spread some FUD) is also considered.

[vanderveld]

If you said so then its a good indicator that every middle of the year the price is cheap, but let me tell you something that its random and not every coins will be cheap at the middle of the year.

[danielcansil]

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

i think that there always be a time when altcoins drop heavily in a year, but this will not last for long because the efforts of dumping the price will never last long, i know big whales are dumping the market and making it drops lower for them to get more altcoins at the cheap price, moreover, they also keep giving us bad news to make us scare and sell our coins. This is really a hard time for us to hold with fear, but this also a good time for any investors want to buy more altcoins at cheap price.

[Restmand]

If you said so then its a good indicator that every middle of the year the price is cheap, but let me tell you something that its random and not every coins will be cheap at the middle of the year.

There are many reason why the altcoins price seems down, maybe in the market they have a problem or maybe they depend in the bitcoin. We know that the bitcoin is the main coin and the other coins only based on the price of the bitcoin so when the price of bitcoin goes up then the other coins rising too. And when the price of bitcoin going down then the other coins falling.

[blazingshockwave]

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

One big reason is why it falls is because of Mt. gox selling their bitcoin. Another thing are the continuous FUD that spread the market added by the newbies in the market that afraid to lose and sell their bitcoin and altcoins.

[readygoaw]

If you said so then its a good indicator that every middle of the year the price is cheap, but let me tell you something that its random and not every coins will be cheap at the middle of the year.

There are many reason why the altcoins price seems down, maybe in the market they have a problem or maybe they depend in the bitcoin. We know that the bitcoin is the main coin and the other coins only based on the price of the bitcoin so when the price of bitcoin goes up then the other coins rising too. And when the price of bitcoin going down then the other coins falling.

Many people are sure that Bitcoin price affects the value of altcoins, and this is true. Additionally, the news about the hacker attacks, bans of ICO ads and prohibition of the cryptocurrency in several countries decrease the coins' price.

[trudovik]

Today there are not so many reasons that we could talk about them and argue with you, probably the main reason all the same is the general dipression seems to me that just as very influential people sell bitcoin for very cheap.

[emoji00]

People selling of course. The market has gone too high in too short time and that make the option of cashing out so attractive that the whales sell and the placton follows.

[yangdd]

One of the main reasons is still the connection with bitcoin. Falls one-pulls another. In the future, perhaps this situation will change, but not yet.