Altcoins Talks - Cryptocurrency Forum

Cryptocurrency Ecosystem => Ethereum Forum => Topic started by: wiik on November 30, 2017, 11:31:12 AM

Title: What triggered the downhill ?
Post by: 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?

Title: Re: What triggered the downhill ?
Post by: bachvs 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.

Title: Re: What triggered the downhill ?
Post by: mc1227 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

Title: Re: What triggered the downhill ?
Post by: Zain on December 01, 2017, 04:35:42 AM

Ini adalah mslh kerja keras untuk saling mengunggli

Title: Re: What triggered the downhill ?
Post by: sabbir2world 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  ::)

Title: Re: What triggered the downhill ?
Post by: long8899 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.