Quote from: Alpinat on August 14, 2017, 03:35:42 PM

Quote from: gmmt on August 14, 2017, 03:32:20 PM

why altcoins are crashing again
?

Because many of the traders are selling their altcoins just to buy bitcoins because as if you notice the price of the bitcoin right now i rapidly increasing, you can check it on some exchangers that is the main reason why altcoins are crashing.

This is exactly the only reason I can seem to give at this time because it just seems the reaction of the market participants cannot be predicted and also a testimony to the fact that the basic why any increase will happen to any coin whether bitcoin or not is the faith that people have in it irrespective of the current scenario and that is what is going on. You don't need any major reason neither do you need a unique explanation. Just that the faith has shifted somewhere else.