nitrinto
Newbie
 Offline
Activity: 210
Merit: 0
|
 |
July 26, 2018, 09:47:54 PM |
|
I think that altcoins depend on bitcoin. and when its price falls and the price of altcoins falls. and after a long fall in the market, the prices of altcoins are cheap. and it is profitable to invest now in altcoins.
|
|
|
|
|
|
djgtr
|
|
July 26, 2018, 09:48:16 PM |
|
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 the current dip is caused by two factors: 1. Binance API fail 2. MtGOX guy selling coins for 400M. But the marker seems stable around 9K and alts seems to get a slight recover. Oh, issue of binance hacked ? Make market go down? Maybe their is point to be like that and it is kinda getting the informations from others or envy it could be. As far as I know many issues come up with the altcoin some are scam but I guess it depends on the person on how he or she will get in to it. |
|
|
|
|
|
tomboi
|
|
July 26, 2018, 10:11:33 PM |
|
Some factors may influence why the price of the altcoins down. They are such as:
1. Following the down price of the Bitcoin as the first and trusted cryptocurrency
2. So many new altcoins listed in the market and ICOs that influence the diversifying investors
3. Many investors or bounty/airdrop hunters that sell the altcoins in the dump price to get fast earnings
4. Negative issues surrounding
|
|
|
|
|
vverrita
Newbie
Offline
Activity: 70
Merit: 0
|
|
July 26, 2018, 10:18:35 PM |
|
The price of almost all top altcoins depends very much on the bitcoin price and the current trend in the crypto currency market. It also happens that investors transfer their funds from bitcoin to altcoins or vice versa and this also affects the prices.
I notice often that bitcoin is an engine in the mechanism of the crypt. A lot depends on him |
|
|
|
|
Jassi.21jaspreet
Copper Member
Newbie
Offline
Activity: 210
Merit: 0
|
|
July 26, 2018, 10:24:00 PM |
|
In my opinion, it totally depends on the price of bitcoin.When bitcoin decreases, the price of altcoins also affected. I think that altcoins depend on bitcoin. and when its price falls and the price of altcoins falls.
|
|
|
|
|
|
infinity33
|
|
July 27, 2018, 01:41:19 AM |
|
It is largely a reaction to the fall in bitcoin price which was triggered by the SEC issuing a statement that it intends to regulate exchanges in the US.
Maybe because of the fall of the price in the market, every coin is affected, and because bitcoin is facing downtime it also affects other altcoins, its like a domino effect in the crypto world.
|
|
|
|
|
azalea69
Jr. Member
Offline
Activity: 336
Merit: 1
|
|
July 27, 2018, 02:03:38 AM |
|
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 the current dip is caused by two factors: 1. Binance API fail 2. MtGOX guy selling coins for 400M. But the marker seems stable around 9K and alts seems to get a slight recover. Oh, issue of binance hacked ? Make market go down? when the development that occurred in Altcoin decreased will be very able to influence the price. usually, when the development decays, the prices contained in Altcoin also declined. so it's great to seek to improve support to influence future developments and make them a major advantage. |
|
|
|
|
faaznuw
Newbie
Offline
Activity: 28
Merit: 0
|
|
July 27, 2018, 09:48:34 AM |
|
Cost of altcoin goes down for such a large number of reason, But a standout amongst the most motivation behind why altcoin goes down is FUD, when media spread awful news about digital currency or something happened that influenced crptos then it will cause enormous auction which will make the costs to go down.
|
|
|
|
|
Midaktai
Member
Offline
Activity: 336
Merit: 10
|
|
July 27, 2018, 09:51:06 AM |
|
give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
hmm, is not it reasonable that altcoin is cheap now, it's the end of yesterday all coins especially bitcoin soar, if flat yes we can not trading. and the average price of altkoin follows bitcoin, if bitcoin rises then altkoin also rises and sebalikn |
|
|
|
|
|
rikybrosh
|
|
July 27, 2018, 09:54:33 AM |
|
People will alwaus dumbs altcoin which not being developed well, so if you find a coin that the price is fall then it's mean the project behind it is not work well
|
|
|
|
sherenikaw
Member
Offline
Activity: 630
Merit: 10
rocket.hashbon.com
|
|
July 27, 2018, 09:55:53 AM |
|
The price of the altcoin itself is influenced by some factors. One of them is the panic ell done by some investors that make the price dump. When the price is cheap, I think that is the time to buy the coins for promising price in the future. I don't have any ideas why the price of altcoin is cheap in the mid year.
|
HASHBON ROCKET CDEX-CROSS-CHAIN DECENTRALIZED EXCHANGE PLATFORM |
|
|
cryptobiolog
Newbie
Offline
Activity: 89
Merit: 0
|
|
July 27, 2018, 10:21:50 AM |
|
The massive exchange of altcoins for Bitcoin, as well as the uncertainty of the cryptocurrency as a means of payment, leads to a decrease in the price.
|
|
|
|
|
Taniya1901
Newbie
Offline
Activity: 154
Merit: 0
|
|
July 27, 2018, 05:49:57 PM |
|
The General downward trend of the market pulls all altcoins down. Similarly reinforced drain (selling) any alithina will reduce its price. Just all sorts of negative news reduce the price
|
|
|
|
|
Smklom
Newbie
Offline
Activity: 41
Merit: 0
|
|
July 31, 2018, 06:42:05 AM |
|
The decrease in the cost of bitcoin pulls down all altcoins. As their cost is influenced by various news both positive and negative. Furthermore, when Bitcoin is strongly pointing up, oldoini briefly snared in cost
|
|
|
|
|
|
Leonard2016
|
|
July 31, 2018, 09:05:10 AM |
|
If you have thought March was the real deep come and see them now!  The main reason these days is the bitcoin dominance , people are getting out their money from altcoins and buying bitcoin with it , that cozes bitcoin price up and altcoin down! |
|
|
|
Luu An
Newbie
Offline
Activity: 112
Merit: 0
|
|
July 31, 2018, 09:19:46 AM |
|
Perhaps that causes the price of altcoins to fall is because bitcoin also falls. But do not worry about this. There will be recovery from bitcoin and altcoins. So be patient and do not be a panic seller. Because it will only make your mind become negative about the market now. Now is the time to buy altcoins again.
|
|
|
|
|
|
QueenW
|
|
July 31, 2018, 09:20:17 AM |
|
The decrease in the cost of bitcoin pulls down all altcoins. As their cost is influenced by various news both positive and negative. Furthermore, when Bitcoin is strongly pointing up, oldoini briefly snared in cost
most recently bitcoin grew, and all the rest of the currency fell. The same thing we saw last year. Simply, people think that it is safer to store their savings in bitcoins, so they sell alternative crypto-currencies. |
|
|
|
actimelfortelun
Newbie
Offline
Activity: 112
Merit: 0
|
|
July 31, 2018, 09:22:31 AM |
|
Because people began to shift their money from Yu projects that have already brought profit to another ICO
|
|
|
|
|
wakeofgod
Newbie
Offline
Activity: 89
Merit: 0
|
|
July 31, 2018, 09:26:44 AM |
|
One of the important reasons is still the connection with bitcoin. Falls one-pulls another, perhaps this situation will change, but not yet.
|
|
|
|
|
pukul rata
Newbie
Offline
Activity: 147
Merit: 0
|
|
July 31, 2018, 09:31:12 AM |
|
it may be a reasonable cycle after a very drastic increase as it was at the end of last year, and it is likely that this will happen in the long run and when this will happen because it is difficult to determine when exactly the market will recover. it is better for coin holders to hold their coins longer while waiting for the market to recover.
|
|
|
|
|
|
