Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency Trading => Cryptocurrency Price Speculations => Topic started by: ambar33n on July 11, 2018, 03:18:39 PM
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any body know the reason for current drop?
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right now people are tend to buy btc instead of altcoins.
people are talking about alts to drop more. Hoping and waiting for the next full season before all my alts end up being 1 satoshi
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This because of the unstable situation of bitcoin in the market. Bitcoin has not yet doing good to influence the whole market which is what everybody's waiting.
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Now the price of all coins in the crypto market is declining.All altcoins follow bitcoin.The price of bitcoin has decreased and all the altcoins have fallen.
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Bitcoin is king of crypto market . Fully crypto market has follow Bitcoin. Now Bitcoin is not stable it is price is declined so fully cryptomarket is crisis. I don't know specific reason of cryptomarket falling but I think people change their investments from Bitcoin on altcoins.
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Bitcoin is father of cryptomarket because whole crypto market is following Bitcoin . Now this time whole cryptomarket is dropped because Bitcoin price is declined I think this is normal market crisis this situation recover soon.