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Yaunfitda
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June 02, 2018, 03:43:18 AM |
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Usually the quarter 1 is bearish followed by a bullish quarter 2. This time where quarter 1 was extremely bearish. Quarter 2 was the mixture of bearish and bullish trend. But bull wasn't able to take over the market yet successfully. There is no new money entering the BTC market as happened in December last year. This explains the bloodshed of BTC and alts alike as alts tend to follow BTC in price movement. I don't see market recovering any time sooner.
At this point I have not seen the uptrend started because perhaps in 2017 BTC has grown so fast and led to many profitable people at that time. I personally believe that this stage will start soon in June as this is the time when the investors are most active and the trading demand will start to increase. So it only means that this year will be different and I don't think that crypto market has always the same every year. though. Anyone should be expecting a bullish trend starting June but I don't see it happening because of so much attacks from government around the world so it would be difficult and I honestly think that we are going to struggle to even hit 5 digits this year or even breaking all-time-high. So better stay tune and don't expect too much like 2017 because time has really change a lot specially in the beginning of this year. |
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avarnet
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June 02, 2018, 04:13:23 AM |
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no need to worry too much about this. all will improve later on. as the price of the bitcoin is now declining then in the next few days the price will go back up as before
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Dragonrage201
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June 02, 2018, 04:37:40 AM |
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Going by some good traders I follow, this correction should be ending in next month or two at most. Last year also the big strong started in July only so it could repeat in 2018.
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ilovefeetsmell
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June 02, 2018, 04:57:52 AM |
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Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern Me too, I don't have any idea why is this happening in our altcoin? altcoin price continuously and rapidly dropping. Is there any reason why is it happening now? Can you specified and explain why? I'm not eager to get in touch with the information behind my tokens. It is driving me crazy, my token price from .5$ has been dropped into .02$? What is the best I can do with my token? |
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Nick Abimanyu
Member
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Activity: 406
Merit: 19
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June 02, 2018, 05:16:34 AM |
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Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern This condition occurs due to more number of sellers than the number of buyers, but other than that there are strict regulations from some countries that certainly narrow the 'Space Motion' crypto country, such as China and Korea. Of course China and Korea, because of the population of their citizens 'more' who wrestle in the field of crypto. |
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morgan4140
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June 02, 2018, 05:19:55 AM |
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The dominance of bitcoin today is still insufficient. So I think that the altcoins will continue to fall until the end of summer.
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Jgatsby
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Activity: 265
Merit: 100
Pretty kewl right?
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June 02, 2018, 06:03:50 AM |
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It really seem so, market ain't really performing well nowadays but getting worried will get us nowhere, I'm sure that the market will recover soon and this crisis will come and go, lets just hope that altcoins will bounce back by the remaining quarter of the year just like before. I'm sure they're just manipulating the market, so lets not make any rushed decision.
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btcdiggingmaster
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June 02, 2018, 06:30:22 AM |
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Yes, altcoins are dropping because market cap is kept decreasing and this make to decrease the value of bitcoin and in the same way it is effecting other altcoins. So don't worry again it will continue once the market starts recovering.
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HoaNguyen
Full Member
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Activity: 238
Merit: 100
The All-in-One Cryptocurrency Exchange
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June 02, 2018, 06:32:58 AM |
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Why these guys always check the price of cryptocurrency everyday  ). It's the worst thing ever. Don't check price of cryptocurrency everyday then you'll no need to create any topic like this to complain about dumping . Dump and pump are normal thing in this world. keep holding and wait until price of altcoin rise back . Don't be a panic seller  |
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CandyIzDelicious
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June 02, 2018, 07:16:43 AM |
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altcoin falls due to bitcoin still bleeding ..
if bitcoin rises again i'm sure altcoin will follow bitcoin price
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poplolnman
Legendary
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Activity: 1442
Merit: 1008
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June 02, 2018, 07:18:23 AM |
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Usually the quarter 1 is bearish followed by a bullish quarter 2. This time where quarter 1 was extremely bearish. Quarter 2 was the mixture of bearish and bullish trend. But bull wasn't able to take over the market yet successfully. There is no new money entering the BTC market as happened in December last year. This explains the bloodshed of BTC and alts alike as alts tend to follow BTC in price movement. I don't see market recovering any time sooner.
So you think this gonna be another long term bearish ... Instead back to quick recovering. It's just makes sense considering how new tokens popping up , pretty different back in last year where investor focused on several coins only , now the money was spread to a lot of altcoin projects. No wonder some investor come and go moving their money from one to another quickly causing the market a little bit chaos. |
I'm in 400,000 euros debt , dont help me , i rather die
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michellee
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June 02, 2018, 09:00:42 AM |
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I think this time, altcoin is back to the green zone although the price is increased for a little, I think it will bring something different in the next week and we can hope that in the next week, there is a time for every altcoin to go increase again. but be careful, bitcoin can get down in anytime because until now, bitcoin is not already stable yet and we need to know what is happening in the market so we can decide what will we do if the worst scenario is happening. and we can make a plan to avoid the bad scenario.
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lordmick
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June 02, 2018, 10:47:13 AM |
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Actually Bitcoin effects on all altcoins. Because it is a main cryptocurrency of the market and basis cryptocurrency for almost all altcoins trades. That's why high level of correlation alt coins with Bitcoin is natural. But now I think we will reach $ 12K in the middle of June and then will drop to $ 3K until September. That's why I think we will see hard crash of altcoins in summer.
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Jordens
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June 02, 2018, 11:24:58 AM |
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Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern I think all the coins are falling because the most important coin in the crypto world is bitcoin. When it goes up, all the other coins will follow. |
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worle1bm
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June 02, 2018, 12:10:34 PM |
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Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern The number of panic sellers is increasing contributing to downfall in total capaitalization which in turn is decreasing the prices of coins in the market.The prices of bitcoin are falling followed by crash in prices of other alts but we might witness stability within two to three months time period. |
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Klovezio
Member
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Activity: 350
Merit: 11
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June 03, 2018, 06:15:07 AM |
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Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern i had heard of one main factor caused bitcoin or market to fall severely- exchange mt Gox. I hope the market will get better soon. |
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Silberman
Legendary
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Activity: 2506
Merit: 1332
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June 05, 2018, 08:12:37 PM |
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Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern Perhaps this is because all the coins are interconnected with each other through bitcoin. If it falls, then they fall, and if it grows, then they grow. It is true that bitcoin has a big influence in the market so whenever bitcoin goes down or up most altcoins will follow but at the same time altcoins that are any good can move independently form bitcoin if some kind of big action is happening at the moment that is why you see coins that are skyrocketing in the middle of a bear market since something happened to create that bullish feeling for that coin. |
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doycku
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June 05, 2018, 08:25:03 PM |
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Is there a particularly reason why all Coins are dropping simultaneously this week? If you look at the charts you will see a pattern The number of panic sellers is increasing contributing to downfall in total capaitalization which in turn is decreasing the prices of coins in the market.The prices of bitcoin are falling followed by crash in prices of other alts but we might witness stability within two to three months time period. It seems to me that you need to pay less attention to those people who provoke panic in many users of crypto-currencies. so I understand why this is done, but only because it is a dirty way of manipulating the minds of users of crypto currency. |
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BryanK
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June 05, 2018, 08:38:12 PM |
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Now I see that the cryptocurrency market has more or less stabilized. I hope that we will see its growth soon.
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BryanK
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June 05, 2018, 08:39:37 PM |
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Acorn has a very large community and excellent partnership agreements with large companies. I think that the project will bring great results to all investors.
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