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Author Topic: What triggered the downhill ?  (Read 1222 times)

Offline wiik

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What triggered the downhill ?
« on: November 30, 2017, 11:31:12 AM »
18hrs ago , Ethereum hit $510 . Then when i woke up this morning , i was shocked when i see it went all the way down to $430 altogether with other coins . Any idea how did this happen?
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What triggered the downhill ?
« on: November 30, 2017, 11:31:12 AM »

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Offline bachvs

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Re: What triggered the downhill ?
« Reply #1 on: November 30, 2017, 01:00:54 PM »
panic attack, as usual.
you know, fud, fomo, or maybe some people just need a quick cash.
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Offline mc1227

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Re: What triggered the downhill ?
« Reply #2 on: December 01, 2017, 02:23:35 AM »
I think bitcoin is the one who triggered other currency. They withdraw all their investment and transfer to bitcoin that why other cryptocurrency decrease the price
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Offline Zain

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Re: What triggered the downhill ?
« Reply #3 on: December 01, 2017, 04:35:42 AM »
Ini adalah mslh kerja keras untuk saling mengunggli
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Offline sabbir2world

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Re: What triggered the downhill ?
« Reply #4 on: December 02, 2017, 04:59:38 AM »
Quote from: wiik on November 30, 2017, 11:31:12 AM
18hrs ago , Ethereum hit $510 . Then when i woke up this morning , i was shocked when i see it went all the way down to $430 altogether with other coins . Any idea how did this happen?

It's just the theory: What goes up must come down lol  ::)
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Offline long8899

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Re: What triggered the downhill ?
« Reply #5 on: December 02, 2017, 01:11:13 PM »
mc1227 said it is because investors withdraw all their investment and transfer to bitcoin that why other cryptocurrency decrease the price.
that means when bitcoin goes up then Ethereum will go down
but I check the chart, they both go through the same trends, just Ethereum has more ups and downs, but generally speaking, they share the same trend.
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