Quote from: BQ on August 12, 2018, 04:09:11 PM

Quote from: cryptowonders@20 on August 12, 2018, 02:16:05 PM

Quote from: BQ on August 12, 2018, 02:06:32 PM

all cryptos including EOS and other top coins, seems to generally follow bitcoin, sure it can go up a bit alone but then people start taking profits, it seems like one shouldn't stare themselves blind on specific cryptos. if EOS "ended" with bad news it'll stay that way until the market in general starts going up!

does it really mean that wen a particular coins has bad news it surely affects all the coin in the marketcap.com? or it only maintains to that specific coin. but from my understanding if bitcoin is down it will affect the entire market.

huh, what I mean is that when some good news comes, but the market in general is "stuck", it can pump the price but very shortly it generally dumps down a bit (unless it's actually huge news and not just the usual "news about news about news"). same as when the market is falling, everything is going down. it's how it will work aslong as we're tied to bitcoin

basically EOS has no support because it was decreasing a lot. Bitcoin has become the main choice for everyone right now to bet on the ETF next month. When bitcoin gets a lot of the demand and it wioll give an instant pump to the bitcoin. Altcoin can't do anything with it and it can only to follow bitcoin.