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Question: Why all altcoin going down right now?  what is this reason?
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Author Topic: altcoin going dump why?  (Read 38 times)
shipon01683
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May 04, 2018, 03:19:37 AM
 #1

2 days ago i see all altcoin going up. but now i see btc going up and all altcoin going down but what is this reason?
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mjglqw
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May 04, 2018, 03:36:34 AM
 #2

Not all altcoins are going down.

  • Ethereum up by 10.55%
  • Golem up by 9.57%
  • IOTA up by 6.82%
  • NEO's GAS up by 16.52%
  • WTC up by 9.74%

The list goes on. A good number of shitcoins are going down though..              ..*ehem* TRX *ehem*

shipon01683
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May 04, 2018, 03:43:34 AM
 #3

Not all altcoins are going down.

  • Ethereum up by 10.55%
  • Golem up by 9.57%
  • IOTA up by 6.82%
  • NEO's GAS up by 16.52%
  • WTC up by 9.74%

The list goes on. A good number of shitcoins are going down though..              ..*ehem* TRX *ehem*



but coinmarketcap top 10 biggest coin in 5 coin going dump.
mjglqw
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May 04, 2018, 05:39:11 AM
 #4

Not all altcoins are going down.

  • Ethereum up by 10.55%
  • Golem up by 9.57%
  • IOTA up by 6.82%
  • NEO's GAS up by 16.52%
  • WTC up by 9.74%

The list goes on. A good number of shitcoins are going down though..              ..*ehem* TRX *ehem*



but coinmarketcap top 10 biggest coin in 5 coin going dump.

Take an actual look on the graphs of the top10 coins that are dropping in price. Most of them has increased a lot in the past few weeks and the small drop is almost nothing. A good example would be EOS[1].


[1] https://coinmarketcap.com/currencies/eos/

DJCanh
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May 04, 2018, 05:57:43 AM
 #5

The same situation happens often
Because of BTC - first and other coins second
Also, if the price of BTC is growing, people sell their altcoins and buy BTC. In another side, if altcoins are growing, people sell BTC and buy alts. It's easy
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May 04, 2018, 06:07:12 AM
 #6

2 days ago i see all altcoin going up. but now i see btc going up and all altcoin going down but what is this reason?
I can see that many altcoins are bumping from yesterday,so can you make sure that which altcoins are you talking about.But whatever coin it maybe the reason for the price fall is that the demand of the coin decreased so price also decreasing.

AngelSky
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May 04, 2018, 06:39:27 AM
 #7

2 days ago i see all altcoin going up. but now i see btc going up and all altcoin going down but what is this reason?
I think you are not exactly updated yourself because Ethereum also going to up so know only all the investors are investing in right platform. Automatically supply and demand is increase in the market so Bitcoin and some other potential altcoins are raise in the market.

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omonuyak
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May 04, 2018, 06:57:31 AM
 #8

2 days ago i see all altcoin going up. but now i see btc going up and all altcoin going down but what is this reason?
Traders are converting the recent gained for bitcoin and that show a sign of dumping. I have some tokens that has made some profits of recent and I have converted them to bitcoin and when ever we do these we are dumping altcoins for bitcoin. Any coins you are holding you are strengthening that coins and when you sell you are pulling that coins down.


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