Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: imikocha1994 on August 13, 2018, 04:28:52 AM
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Btc hasnt dropped very much more and it seems like some alts like linda, verge, and electroneum are still dropping how long will it yake for them to rise back up
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this is exactly what happened at altcoins, but we must remain optimistic to assume that later altcoins will definitely rise and recover again.
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In this market conditions People are looking for a safe harbor. Btc is that safe harbor right now it seems.
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In my views, these current drop in price value could be the adjustment period for every down trend market. The bearish market nowadays is just too long compared to the previous year where it wouldn't took long like what we had experience now. Another factor's affecting the dip could have been whales manipulation, FUD and negative news from the social media outlets. However, this may take a long hike but I believe this will recover soon and therefore let us not loose hope.
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How long?
Until when everything is alright.
Once we see the continues increase in one month or two months, the drought will stop for the meantime. But we don't until when it will last.
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Btc hasnt dropped very much more and it seems like some alts like linda, verge, and electroneum are still dropping how long will it yake for them to rise back up
Altcoins is still dropping in price because Bitcoin price is affecting the value of all altcoins. It is my opinion
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Altcoin still falls in price, because not many investors buy coins. on the contrary, many investors sell their coins. and finally the supply of coins continued to increase and demand was less, finally prices dropped further.