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Author Topic: Altcoins dropping like crazy  (Read 1615 times)
SillyGirl (OP)
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May 28, 2018, 10:11:39 AM
 #1

Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern
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May 28, 2018, 10:15:49 AM
 #2

Because Bitcoin is dropping. All altcoins are following the Bitcoin. The crypto market does not look good.
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May 28, 2018, 10:20:41 AM
 #3

Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern
One reason is the crisis of the whole market and a decrease in capitalization. Of course, everyone believed that it was already over, but as we see everything is getting worse than it was.

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May 28, 2018, 10:22:42 AM
 #4

I think because the investors have withdrawn capital. They seemed to lack confidence in many altcoins because they did not bring much practical value.
I feel pretty nervous about this, perhaps as the Crypto market is no longer able to recover. It is going to the verge of extinction. I do not know what to do with the pennies I hold, should I sell it or not?

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May 28, 2018, 10:24:05 AM
 #5

almost all alt has decreased and the current market conditions are very bad. many new people and users are experiencing panic and want to quickly sell their assets.
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May 28, 2018, 10:25:56 AM
 #6

in my opinion, there are two major reasons, one is FUDs from different group of people and two, is the planned regulation from government. Capitalization is decreasing because market is stagnant for a while.


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May 28, 2018, 12:04:01 PM
 #7

we do not know whether after this bitcoin will go up or down again to 6k dollars / BTC because all coins go up and down depending on bitcoin and ethereum, if issue issues keep coming do not expect to rise

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May 28, 2018, 01:38:57 PM
 #8

Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern

which I see is true because altcoin falls together let alone bitcoin also decreases and so far bitcoin prices have not risen due to market crisis and capitalization, and that all resulted in the market being like this because bitcoin follows the movement of bitcoin

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May 28, 2018, 01:46:07 PM
 #9

Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern

because bitcoin is falling in price and therefore altcoins are falling. although not all, for example, mtc grows and grows, look, he did X6 for a couple of weeks
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May 28, 2018, 01:47:51 PM
 #10

I think it's because of Bitcoin price also decreased, a lot of alt coins depends on Bitcoin price, if Bitcoin price increase alt coins down, Bitcoin price stable altcoins will increase, Bitcoin price down altcoins will down too. And now an investor isn't like the end of the year 2017 which is a lot of investors invest their money in cryptocurrency and made the crypto price increase a lot.
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May 28, 2018, 01:49:11 PM
 #11

Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern

One of the reasons is falling bitcoin price for sure. If bitcoin price falling, altcoins always doing this same.

Second reason is probably problem with decreasing capitalizations, unfortunly we still have this problem but i hope it will be temporary and soon will end

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May 28, 2018, 01:49:40 PM
 #12

Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern

because bitcoin is falling in price and therefore altcoins are falling. although not all, for example, mtc grows and grows, look, he did X6 for a couple of weeks

not only mtc was growing up, another note on the pcn for the last 3 weeks has increased by 500%. it is very cheap, so it still has room to grow
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May 28, 2018, 01:56:17 PM
 #13

it is only the beginning i think, for 2 couple months the price will not rise or down significant. bitcoin and all altcoins market reduce continously, let see in the end of this year, hope the price will reach $ 12000 and many good new altcoins run their platform and attract more investor to invest on bitcoin so the market cap will rise again

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May 28, 2018, 01:58:21 PM
 #14

Yes, we must sell now or loose more.
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May 28, 2018, 02:02:57 PM
 #15

I think this is due to the fall in price of bitcoin as it controls the price of most coin in crypto, when the price of bitcoin rises, he price of most altcoin does same and vice versa. It might also be due to the fact that some investors are selling their coin as they cannot stand the loss anymore and then this affect the price of market.
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May 28, 2018, 02:16:29 PM
 #16

Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern
which should be questioned is the decrease of bitcoin as the culprit of all altcoin, the decrease in unity was due to the decrease of btc at this time, automatically the price of all altcoin decreased

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May 28, 2018, 02:20:41 PM
 #17

The cryptomarket is impossible to predict at this stage of its development. Even a statement from a famous investor is enought to shake the whole market so you should be very careful with your investments because right now the whole market is a part of a lot bigger picture and we all are just observers hoping to make a decent profit out of it. You should invest only in stable projects with strong fundamentals which can survive the following years.
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May 28, 2018, 02:34:16 PM
 #18

Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern
All the coins are down not only altcoins because Bitcoin is dump in the market so similarly some potential altcoins are down but some cheap altcoins are going rapidly in the market. I think most of the Bitcoins are sell in simultaneously so many altcoins are down in the market. I hope again everything will be normal in next month.

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May 28, 2018, 02:59:25 PM
 #19

Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern

Currently the market is experiencing a crisis, but you do not need to worry too much about this situation, because it will eventually stabilize. And now it's a good time to buy at a much cheaper price.

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May 28, 2018, 03:07:46 PM
 #20

i hope this is the sign if next months the price from all good cryptocurrencies will growing hardly  Wink
but, the truth is not all altcoins down,, as we can see in the biggest gainers and loosers in coinmarketcap page
there are few altcoins that rising in this markets situations

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