Quote from: VanDeinsberg12 on November 16, 2017, 01:13:32 AM

Quote from: BUK2016 on November 09, 2017, 10:21:54 PM

Please can anyone explain to me the reason behind recent decline in bitcoin value and a sudden increase in altcoins to the turn that ethereum in particular move to the height of $325.16 of which it has never reach such a height in the last three weeks.
Your ideas are all welcome

The decline caused by the bitcoin cash itself, The people go to the bitcoin cash and put all of their money. That brings the more decline to the bitcoin's volume as the more people are converting their bitcoin and move into the bitcoin cash.
But this the price already back again, as those are realizing about the fact the bitcoin cash just another manipulation coin. They said that the bullish just for some hours and the dump just in some minutes.

people thinking that they can make money from bitcoin cash while the price is increase but suddenly the price is decline to gets more higher and its dropped drastically and now the price it seems not going to higher again. this makes people come back into bitcoin again and we see the bitcoin price is moving to go up and now the price is up and down like usual. and ethereum as one of solid altcoins trying to increase and yesterday the price is reach $339 before down again at $329 but i think the price will be back to increase again.