Bitcoin Forum

In general, what are the reasons that determine the price of altcoins? Does it change according to the bitcoin?

I think there is. We saw that when bitcoin is failing. The altcoin market rose that time. But its really depends on the demand of a particular altcoin. The higher the demand. The higher the price you might get. If you buy huge amount. Theres an impact on the price. Thats how it works.

Yes, usually when bitcoin price rises, Altcoin market starts shaking.In general, all the crypto currencies price vary with increase or decrease in demand. But since altcoin market is small, big whales easily pump and dump the price for their profits.We could easily see this in newly released altcoins.

If you mean about the crowdfunding alt and the price of the coin depends on the result of the amount has raised by the crowdfunding itself and will get divide with the total token had been getting sold by the crowdfunding phase.

There is no real factors that determines the price of Altcoins, it is what the market is willing to pay for it though some things like good news, new update, partnership etc may influence in price. Another thing is the whale pumping the price to unrealistic price

the only thing that can always determine the price of anything is supply and demand, the demand in altcoins is traders wanting to buy it or not, meaning if they are accumulating for a pump or if we are experiencing a pump.

and price of altcoins with bitcoin, depends on which altcoin we are talking about. a handful of them are affected by bitcoin price but the rest are moving independently.

I disagree with you, most of these exchanges used bot to trigger the volume of a token, just look at the significant drop in BTC trade volume on Chinese exchanges. One single factor is responsible for price of these Altcoins

many factor can change altcoin price
1 bitcoin price, if bitcoin price incraese high price, altcoin use pair bitcoin majority can down price
2 news, about information development coin
3 suply and demand
4 exchanger , dev , and user community

same thing as in all the markets: the price that people are willing to pay, specially considering the costs of production and transport are less of a problem than with common goods. The answer is not much different than "what determines the prices of products and services"

since altcoins are investiments, the perception of how could them value over time influences how much people are willing for a coin

sometimes yes. the price of some altcoins sometimes move against bitcoin meaning when bitcoin price goes up they go down and when bitcoin stops or takes a step back they get pumped.
but these cases are so rare, you can't make a rule out of them.

the only rule you can make out of this market is when pumpers say go up, price goes up and when they are done that altcoin dies.

I think it would be right to say that in general altcoin is a commodity and thus the price of it is determined by demand. I'm talking about the price in BTC, it does change btw. As we all know the "demand", especially for the newly created altcoins, is generated by the developers and by other supporters of a given altcoin.

The people holding the coin and its supply will determine the price of an altcoin. You do not look at the coin supply alone. If the majority of the coin is being held by a whale, you can be sure that its price won't drop as the whale will pump the coin up to be able to cash out. This was why Ethereum price is able to hold steady above 10 dollars despite having such huge supply. Many of the whales and insiders have not cashed out yet.

I don't think so, with altcoin it's different, there are many altcoin that are just pump and dump manipulated from exchanege and die quickly, there is no real supply and demand, for me they look like a good scam coin, that decieve investors in thinking they are a good investment, take a look at all the coin that go on poloniex, they always get a good pump at launch and then dumped, coincidence? i don't think so

The dollar price of the altcoin has an effect. Sometimes the alt will decrease against bitcoin as bitcoin increases against the dollar, to keep the alt's dollar price steady.

Supply and Demand.

That's it. That's all.

Bitcoin has an impact,it's different when you bought 100 altcoin from $700 than when you bought it at $900 mark,but in general it all goes up to the demand of the market,there's this so called wash trade,this is something to look,if a coin is being pump without reason at all or development is happening,the price is faked and whales or dev's manipulating the coin.

Yes, when bitcoin goes up alts go down, when bitcoin goes down alts go down.. Only when bitcoin is stable for a while alts will correct.

All cryptocurrencies go up in value with further adoption + integration of the hash economies.

Once BTC is mined, all rigs will likely lead to alternatives that push everything into spikes, volume mixes and multi-purpose innovation... There are already countries reserving alt-coins into regional things where certain areas boast specific coins and once this gets to every new internet user, this'll climb because of the growth this offer poeple living in poor conditions.

Faucets are like milking a goat in Central China as well as many Eastern or deprived countries and even kids in the family can get started with this to escape what they're in and avoid potential crisis when relatives grow old.

In a simplistic way: the market. More broadly, what determines value is its adoption, that is, everything is regulated by the simplest rule of the market, supply and demand. There are several factors for supply being greater than demand and several other factors for demand being greater than supply. In altcoins generally the news involving the same reflect a lot in value.

i have got two things to say to this:
1) there is no adoption in altcoin market. out of a couple of thousands of altcoins only less than 10 of them have more application than just trading and those 10 nobody uses them for those applications.
2) i agree with supply and demand but you should remember that demand is this market is what the pumpers and their disciples say it is not as the same meaning we have in other markets.

I think the prices of the altcoins depend on the bitcoin.
Altcoins are affected when the demand and confidence of Bitcoin decreases.

There are some factors that do really affects altcoin price which is its market demand if lots of people do really support it then price would really increase and also when bitcoins price tend to go down then altcoin will surely go up because some people decided to put their bitcoins/money switching to altcoin and when bitcoins go up then expect it would do the reverse way.

Actually this is very complicated question.

When appears for the first time price is determined by demand, which is mostly hyped in deeply connected cooperation between devs and pumpres groups.

Later after whales lost their interest, coin going dawn and if survive he will stay in stagnation for a while.
You will always have believers,and sometimes they are right,(sdc,xmr,cloak,nav).

We can tell that altcoins price is determinate with greed and hype.
And when you see 100 pages in one topic, over night, you are on the right place. ::)

These all come back to supply and demand.

Some are describing how demand is generated but it's still supply and demand.

With crypto the supply is what it is and the demand comes from wherever... Supply and demand.

But please explain to us what cause this demand? When you say supply do you think number of coins in circulation at the moment or what? First you must create demand and it is created through lies and hype, empty promises in most cases,and demand is created from human greed . Artificially  created demand has no future it just a pump.

Supply has nothing to with it, in crypto world you can divide one COIN in millions of pieces.

Most altcoins naturally feed off bitcoins price flop to gain but its not always the case has readily available coins from mining or bounties can have a negative impact to price has holders just want to dump and get a quick buck thereby pulling the price further down...

could be of total supply and the interest of the audience itself altcoin

Not all altcoins depend on bitcoins because there times the price jumps up and some alts follow the trait so its difficult to determine factors that affect them but ”CONFIDENCE” in an altcoin is a good price booster.

Why alts falling when Bitcoin is changed dramatically? Because all alts more or less are in submissive position in front of bitcoin. This wont be changed in near future. ETH and LTC had best chances but nothing happened.
Best and most secure exit from alts is Bitcoin, and fastest exit from BTC is in Dollar. Also all pairs are made on it.
Whay alts dont depend on ETH and LTC rise or fall?

The price determined by the market ... Supply and Demand ... The expected news on a particular coin generate demand for coin and begins to grow ... and vice versa, respectively the same thing happens ...

What determines the price of an altcoin is how much people are willing to pay for it. And you are right, it is also tied to Bitcoin price, as when it rises, altcoins price drop and when it falls altcoins price rise.

ETH and LTC are alts that's why. Most pairs are to and from BTC not ETH or LTC.

1. demands, if a coin is very popular like dogecoin, its market cap is very high although no innovation on dogecoin. XMR, DASH as well.
2. technology, ethereum is the best example of this, ethereum's market cap is NO.2, because its smart contract is the most sophisticated program in the world.
3. miners, look ltc and zcash, miners support the price.

I beg to differ on all those three bullet points!

Zcash first, emissionrate and subsidy are drawing away any investment. One cannot buy, only dump it. Litecoin beeing a slightly different thing since it is closely associated with Bitcoin mining and ASICs manufactoring.

Ethereum DAO fail. WTF Classic, really?

Both Monero and DASH got an edge above DOGE and their current trade value states that in clearly visible numbers. XMR still needs more adoption at their primary niche DNMs and DASH is at least tradeable at almost each and every tradeside.

Yeah I don't agree about miners, most miners sell their coins, they have expanses so they have to sell -at least some portion- what they mine. If too many people mine same coins that's healthy for community though.
Demand and innovative technology is the key point here. More people demand equals higher price.
Most altcoins have little marketcap so we see a lot of manipulative movement. If market grows we see a healthier sector.

Miners always book their profits as they have to pay for electricity and it is not certain that the price of coins hold in the longer run as no one wants to risk their investments and the price is determined by the demand and in turn it is evident in the volume of each coin.Most of the small coins certainly manipulates the volume and pump the price so that innocent investors would invest in it so that the developers dump the coin and make a good profit and these things happen in alt coin trading as there are plenty of useless coins.

I'd normally disagree on miners booking profits regularly, but because we're talking about Altcoins, I would have to heartily agree. Perhaps in the early days, you might have, like bitcoin, miners who were in for the long haul... even for coins like DOGE. Today, only the staunchest of Alts like ETH can truly see a way past the present, and these aren't miners.

Market participants determine the prices of altcoins...and bitcoin as well. 

If you are talking about what influence the price, the biggest one overall is the BTC market price.  When BTC goes up, it drags most of the alts up with it (in fiat terms).  And the opposite is true when it tanks.

Some Alts are moving "anticyclic" as in maintaining their Fiat notation. Ten dollars staying ten dollars, like that. Usually XMR moves like that except recent christmas pump where it tried to follow Bitcoin.
If you are Bitcoin centric, leveraging out these effects can slowly lift your portfolio on a calculateable level gain.

I could also add that alt coins which have more then 20 mil coins avalailable hardly go over a certain value since the demand is far lower then the supply, with some exceptions like Eth...

Confidence in the price of everything in the market determines. That's why you're seeing so much increase in the price of bitcoin. People are investing in btc for their bitcoin confidence.

All the other altcoins came out after the bitcoin. If the confidence of the bitcoin is reduced, the confidence with the altcoins decreases.

relatively right mate, since bitcoin is the center for alts price and whatever bitcoin moves its also reflect to alts if we talk about value
its always btc that's makes alts priceless or valuable and with the strong movements of btc as of now i think another alt will show up and
try to rise accompany by btc.

The overall mentality is simple with alts: When bitcoin rises, all alts are at high risks to get deep into the red, so I wouldn't bother holding many alts right now. Bitcoin is too healthy, it resists all damage caused by those damn bureaucrats and the nasty BUcoiners from /r/btc fail to crash the price too. You simply can't stop this, you get in the winning train and enjoy.

If the volume of the coin is rising the coin price will probably go up.

You just answered half of your own query. You asked what determines the price, now you're talking about things that are separate from that question.


[/quote]But please explain to us what cause this demand? When you say supply do you think number of coins in circulation at the moment or Supply has nothing to with it, in crypto world you can divide one COIN in millions of pieces.
[/quote]

You can only divide the number of coins that are available down to 8 decimal places, that's it. If coin supply was infinite then none of this would work.

Nope, you must read economy 101, if the supply is increasing and the price of the coin will get a decrease because of a lot of supply for the limited demand.

Bitcoin
No of coins available
Technology/Application (Usability)
Coin community support and Marketing

We had a chance to see that Bitcoin didn't afflicted prices of few coins, because they have roots in darknet and they don't depend on governments and their decisions. I bealive this is true goal for every coin. This is where BTC failed to do.

BTC will have to be tied into conventional fiat systems to grow. Its the only way that it got as far as it did.

Altcoin prices are purely speculative in nature. Since that are not used for anything other than speculation, ETH included. BTC too but you can use it to buy certain things.

Maybe they covered interpreting trade volume in "Economy 102" for the first time. @Trades got the price development probability right. Supply and Demand are all so often ballanced out by a small group doing trades with themselfes.

The altcoins all come out for a different innovation. But to me, most altcoins are valued depending on the price of bitcoin.
But I think some altcoins are independent of bitcoin. For example, Dash. Former name Darkcoin. Dash completes a major lack of bitcoin. People who use bitcoin generally want to be anonymous. Thanks to the anonymity feature Dash brings, it is a system independent of bitcoin.

I think Dash will be much more popular in the future.