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Author Topic: what causes the price of altcoin down?  (Read 4130 times)
coino.org
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October 08, 2018, 01:09:46 PM
 #781

In my opinion unfavourable market situation + ICO dump cause this movement. Point is that all ICOs need money to maintain their work and they dumped ethereum
Ilmiyati
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October 08, 2018, 01:17:04 PM
 #782

there are many things that cause a decrease in altcoin prices and a large portion of cryptocurrencies, one of which may be a security system that is less than optimal by exchanger providers around the world that cause losses caused by hackers and with that comes a negative opinion from many investors who continue to sell their assets because they want to be safer in investing
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October 08, 2018, 01:22:52 PM
 #783

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 season of Altcoin is coming. Its price must be cheap for big sharks collect as much as possible, this is the price trap of big sharks that they set up before. If you want to swim together those big sharks, let's buy right now  Grin

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October 08, 2018, 01:28:02 PM
 #784

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
The price of altcoin is cheap  because the price of bitcoin is down, now there is not a lot of money coming into the market which means that there is not a lot of demand to keep the coins going up. That is why the prices of altcoins are down, once there are more investors putting money into the coins then you will see the prices of the coins start to do better.

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October 08, 2018, 01:37:50 PM
 #785

The overall situation and sentiment i guess. At the present moment everybody afraid of the market collapse

anatolij.shishkin
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October 08, 2018, 01:45:26 PM
 #786

Well, initially, bitcoin affects the whole cryptocurrency. Also, in addition to this, the fall of a particular currency depends on supply and demand. Let's say a person derives large capital from a project and all currency goes to the bottom.

This is a lively market movement so it should be.

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October 08, 2018, 01:46:49 PM
 #787

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
many factors that make cryptocurrencies experience changes up or down and even now no one can predict and know for sure the exact and correct price or value in every cryptocurrency if bitcoin is a guideline or a benchmark I don't think it is fully the cause is in my opinion the cause is the investor himself
doroshok1
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October 08, 2018, 02:01:12 PM
 #788

The price of altcoins to some extent depends on the value of bitcoin, but this is not the main thing. The base cost depends on supply and demand. That is, when people invest in altcoins, their price increases, and Vice versa, when people withdraw money from altcoins, the price decreases.

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fishycink222
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October 08, 2018, 02:08:56 PM
 #789

it's because the whole market is down now, the market will recover soon i think
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October 08, 2018, 02:20:26 PM
 #790

The cost of Altcoins, similar to any item, is framed based on free market activity. This is the reason for the swapping scale arrangement of the digital currency. Value development is dependably an interest. Request has a reason - the craving to purchase a benefit keeping in mind the end goal to advance it later on.
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October 08, 2018, 02:24:00 PM
 #791

in my assessment, the principle reason is the negative news foundation and the nonattendance of expansive and noteworthy occasions for the universe of digital currencies. Once such occasions happen, this will give another stimulus to the advancement of the whole digital money advertise.
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October 08, 2018, 07:03:01 PM
 #792

In my opinion, the cause of the low price of altcoins starts from the fall in the price of Bitcoin and ethereum since most altcoins depends on ethereum and ethereum price depends on bitcoin. Bitcoin price affects the whole cryptocurrency. The fall in altcoin price is also caused by supply and demand, altcoins are much now so the more people invest in a particular coin the more the value of the coin and the demand also.
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October 08, 2018, 07:12:07 PM
 #793

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 they was overvalued and search a right price now.
2 I think no, may be some of them but in my opinion it is better now to simply monitor the market and wait for a good situation for buying.
3 It is coincidence.

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October 12, 2018, 11:01:07 AM
 #794

In my opinion, people's distrust leads to a decrease in altcoin. People just simply don't trust the currency. And after analyzing the market, we can say that this cryptocurrency will soon cease to exist.
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October 12, 2018, 11:05:19 AM
 #795

I would say greed and a lack of knowledge, people are greedy and want quick returns, but if they would just hold and see where crypto could go the prices would increase drastically and we would be back at the ATH's very soon.

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October 12, 2018, 11:09:46 AM
 #796

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
   Yes. That's right. Only bitcoin compared with the price that was a year ago increased slightly. However, the market is alive
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October 12, 2018, 11:25:08 AM
 #797

give your opinion why altcoin cheap price?
is it time for us to buy altcoin?
why every mid year altcoin is always cheap.
Your first question is the "why cheap price". You know not the only altcoin cheap price but also Bitcoin. Your second question is the "is it time to buy", If you are a new investor then yes or if you are an old investor then you are fine to take the decision. Your third question is the "why cheap price every mid-year", you know the world has rules and it's followed, so if you think like this then you will get your answer nicely.

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October 12, 2018, 01:06:02 PM
 #798

The overall situation and sentiment i guess. At the present moment everybody afraid of the market collapse
The sellers that sell the coin cause more people to sell the coins and it begins a sell-off that nobody anticipated in.

Gilliffyn
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October 12, 2018, 08:50:42 PM
 #799

Well, after that growth was that the fall can be , and when it fell I think that you can buy , because soon we'll run the resistance level at the top and will be new growth!

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October 12, 2018, 11:33:47 PM
 #800

Altcoin prices highly correlates to BTC price and the whole crypto market. When the market is crashing altcoins
suffer the most as investors are in panic and they are dumping their alts and buying BTC which is dominating
on the market on such situations.
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