Bitcoin Forum

I noticed that while Bitcoin is go up with $3200,3300,3400 and 3500: altcoins are dumping? So if Bitcoin will reached 4000 my altcoins will dump more??

So what will happend to my previous altcoin bags from DCR at 15sats, STEEM at .008 , SC at 600sats.. All of them are -50% down. All of them are bought during Bitcoin correction last May-June 2017

Is there any hope from my bags? Should I sell all my altcoins to Bitcoin?

I appreciate any advice. Thank you

I hold my altcoins
Trading is high risk.

BTC is rising and there will be chance for altcoin.
It is better to rise fir btc as it may be worse if btc is splitted and dropping

If you check on coinmarketcap.com for daily and 7-day % gainers, many altcoins are
gaining nicely too alongwith bitcoin. Others will rise in due course of time.

BTC will reach 5000, but not in this wave. It's more possible that we will see btc on 2500-2700 level soon.

Do not. Why do you have to be afraid of the fate of altcoin if bitcoin is reaching the moon? There is no assurance and certainty that when bitcoin gets stronger the altcoins will go down in the contrary. Look at how altcoins perform. Your investment will double and even triple in a day. That does not happen to bitcoin anymore. And so altcoin is still worth investing.

If bitcoin reach 5000$ value, definitely Altcoins will increase also its value. A win-win situation for crypto currency. Invest on Alts with good project of course.

This. Everything is rising, just pick some good coins. Ps, Steem may be a pump and dump type of coin.

Yeah, I think if the growth continues to increase, the price of the altcoins will be let no chance and will get severely dumped. Better for us !

I don't expect bitcoin to hit $5000 before 2018, if so there might be huge crash but it will be also a oppurtunity to get cheap btc.

BTC is raising to fiat, altcoins als are raising to fiat, but not to BTC, so IMHO BTC is pumped or altcoins are step behind BTC. Is my thinking correct?



ETH/BTC
https://content.screencast.com/users/baael/folders/Jing/media/5a70e36e-1ccb-478b-bda0-c4e9f4a75942/2017-08-12_1222.png

ETH/EUR
https://content.screencast.com/users/baael/folders/Jing/media/a13326eb-9751-444d-87cc-f0ec6784bbeb/2017-08-12_1223.png

Correct. And I think, that a lot of money is going from alts to BTC at the moment, because people want to switch over to the faster train. But when the rise of BTC will slow down (or stop), this money will find its way back to the alts, and they will catch up. So good times for shorttime traders - but don't worry, if you are a longtermer.
 ;)

When bitcoin pumps like it has since Aug1 I don't think you should look at alts value in Sat's. Best to check the true fiat value instead. For example XRP has dropped 5500 to 4600 but is still worth the same in my local currency.

I wonder how many others took advantage of bitcoin's pre-fork dip?  It has pumped $1200AUD since then.

XX

I don't think altcoins are being dumped right now.
Instead they are getting small pumps as well. Don't look at btc referenced prices.

beware  bitcoin to 2800  before 4000 !!!!                                                                                       

A few months ago I'd say ninety percent of altcoins would be going to hell. But it seems that Bitcoin and alts are directly correlated.

Btc pumps alts dump, btc dumps and alts still dump. Dah faq :o.

PS: The marketcap is over $130b and my bags are still bleeding ???. Will know my fate after sys launches their BM. :-[

me   i sel my btc at 2500

the fuck crash

If bitcoin reach $5000, it affects altcoins positively. When bitcoin increase too fast altcoins are dumped a little bit but then altcoins and bitcoin are pumped together.

I can see the game is changing, less and less room for random shitcoins, quality projects and teams are must to gain attention.

bitcoin marching to $10k-$13k, we will see market cap above 200 billion soon, very soon..

i remember the 2013 chart

the fucker bitcoin must drop to 2000


cause of rise bitcoin ...........chatbox of btc e .com is closed

Altcoins will follow suit, the coins I have seem to be doing okay still even with the current rising of bitcoin.

If Bitcoin marging to $ 5.000, there is always hope for altcoins. Coin market is not just Bitcoin. Patience is necessary.

i think the situation like the bitcoin split issue people panic due to bitcoin down fall during at that time but bitcoin now continue uprise in pumping the value, my opinion about the altcoins go uprise in pump like the founder of all coins the bitcoin.

Just wait and watch(Or better; invest) the good alts are gonna follow bitcoin as well and reach new heights. Its gonna happen soon too, so enjoy the bitcoin rise now and profit from alt rising later.

Yes I remember when in 2013 bitcoin prices reached the peak but after that down until 2014 it was only $ 250 and in 2016 back up and up until today to      $ 3,700. And for altcoin must dare to take big risks because to get the profit must be brave to lose first.  ;D

It not always like that. If you check coin market cap, you'll see some coins are pumping along with bitcoin. I believe bitcoin will rise up to $4500 by the end of the year and some coins will increase rapidly as well. Hopefully.

when bitcoin settle, altcoins will start to rise. altcoins need stabil environment. when this is happen huge pump will come to altcoins.

In general alts fall faster than BTC but rise faster too. There is often some delay though, and a surge in BTC will be followed by a surge in alts. My advice is to hold your alts.

Guys thank you for answering my doubts and trouble. Okay, I keep HODL my existing coins, I will hope that all of my bags will rise one of these days. Thanks for explaining the workflow of altcoin and bitcoin.

Will there be another Bitcoin correction before hitting $4000? Are we going to land again to 2800usd?

probably bitcoin will make correction to 3400 but i dont think 2800

Usually when bitcoin goes on a bullrun it is a good opportunity to buy various altcoins, but this time around altcoins (some better than others) are holding strong and some are even on bullruns themselves.  I agree when someone else said the game is changing, as bitcoin comes more into the financial spotlight people will also pay attention to alts as an investment opportunity.

Yes Bitcoin is dominating 50% of cryptocurrency market but we can't say anything about any coin.Bitcoin is father of every altcoin,because its first blockchain currency and now more than 5000 altcoin market.Lots of coin get daily launching.I think new projects are coming with different approch. Developers, high tech professionals etc  are collecting crowd funding for development of their projects.In return giving coins whose value depends upon development of project.If project work well then coin too but there is a high risk behind every new project.This kind of case is not with Bitcoin which is pure cryptocurrency.

i think the altcoin named AICOIN have good chances to go to the moon!!!!quickly go high and make x2 or x3

I think that bitcoin will not go to 5000$ i predict even bigger price because bitcoin will be accepted in many countries so i expect maybe even 6000-7000$ but who knows what will happent.

Man all my alt coins r going down in value I'm getting murdered

BTC growth is good for all alt-coins in the long run, as soon as btc stablises in price, alts will recover.

I think that BTC will reach $5K by the end of the year, but don't alt coins usually rise in proportion to Bitcoin?

I would not necessarily sell off my alt coins when it is going down,if there is no hurry then it is good to hold the coins for a longer time because it will recover in due time,the price of bitcoin is rising by the minute and it has crossed $4000 and is now coming down a bit as i type this,i hope it will take some time to breach $4000 ,never sell at a loss.

I think if bitcoin price increase many altcoins also increase because altcoin is part of the bitcoin . Altcoins price depends also bitcoin price . If bitcoin price reach 5000 dollars for sure many altcoins increase like waves and ethereum because that coin have big potential to increase in the future. But it depends also in the demand in the market. If the altcoins dump or increase.

This pattern has proven to be true in recent months. But the question is how much these alts will be able to follow the Bitcoin's performance. For altcoins it is more difficult, since speculation is the biggest usecase of 99% of them.

Bitcoin may touch $5000 before the end of this year and many altcoins may also take the part of bitcoin very soon. I will advise you oP to keep your coins as during bitcoin correct you can easily sell them for profit. You should  follow the history on how this market work and you will understand that holding your steem and others coins is better when bitcoin is going up.

BTC going up should mean most altcoins will go up to.

Many alts are pumping nicely while others are flat or down smallish. BTC is not going to stop
any time soon and most alts will follow it UP.

I would actually be buying altcoins if the price of BTC was inflated and the price of altcoins deflated. Once BTC calms down a little bit altcoins will spring up like when a big brother jumps on the trampoline as the little brother is about to go up.

I think there will be huge crash or correction, bitcoin is now $4000 but in a few weeks it might be $3000 or even $2000.

I think that alts still have a future let's just wait till the alts pump up,
But for now lets enjoy the bitcoin price pumping high to the sky and hope that the alts would be pump too.

i think yes.
but the good Alt in my research is Ethereum the price is still stable
and the price of Bitcoin now  8/15/2017 is  $4300..
still ethereum manage to be stable

https://www.coindesk.com/ethereum-price/
heres the link

I think you are misreading the situation.

While btc has been slugging along reflecting fund flows into the crypto space in general, some established coins have gone up 3 or 400% in btc terms since August 1st.

Not sure how you interpret this as "altcoins dumping"??  ;D

the really interesting thing is that this is the first time bitcoin has had a truly epic pump since 2013 whereas alts have had absolutely unbelievable pumps repeatedly while bitcoin did absolutely nothing all the way through.

maybe that means something fundamental has changed. everyone expecting an automatic alt pump to follow might be disappointed.