Bitcoin Forum

Hello guys,

As you have seen the BTC has dropped from 20000$ to 16000$, and everyone knows this is a necessary adjustment.
Recipe:
-BTC up ---> Altcoin down
-BTC down ---> Altcoin down
-BTC stability ---> Altcoin up.
 
But one thing is that almost altcoin is not go down or reduced very little although it has been greatly increased in crazy December.

What is your next prediction if BTC up again?
Altcoin up or down or stability.

You have already mentioned the answer as Altcoins will go down when BTC goes up. Although the price of BTC has fallen down it doesn't mean whether it is a correction or a manipulation. It might be both of them together since BTC was stable for most of the recent days and now all of a sudden there is a dump in it's price. The manipulation of BCH's price can be the reason for BTC to go down as there was a FUD about BCH that the owner of the famous Bitcoin site has converted his Bitcoins to BCH. This is enough FUD for people with FOMO to fill their bags with BCH. The history is going to repeat itself with the result being BCH dumped hard.

Yeah this time altcoins are still rising even at the bitcoin dips. Thats little strange to me.

this is true and i have probably said it a thousand times myself but there is no singular formula for all the movements ever. which means this is only true in most of the times, like 90% of the times this will happen. but in the rest 10% of times you will be surprised how things will defy this speculation.

the thing that i found out is that the remaining 10% are usually altcoins that are either too small to be affected by anything and they move on their own accord. or that altcoin which is defying this rule had something else going on. for example you can see bitcoin cash is getting pumped right now while other altcoins like LTC, ETH, XRP are dropping. and BCH has the pump going on, with Coinbase giving the coins away soon and the hype in social media.

What strange on this? When bitcoin dumps alts will surge because money will flow from bitcoin to altcoins and vice versa when bitcoin will start to pump again.

Right now money is flowing from bitcoin to bitcoin cash and other alts. After few days bitcoin might surge to over $25k while alts will be in bloodbath.

What is your next prediction if BTC up again?
Altcoin up or down or stability.

Its hard to actually predict the real trend of the market.
As you mentioned

-BTC up ---> Altcoin down
-BTC down ---> Altcoin down
-BTC stability ---> Altcoin up.

This is what i think too but somehow it may work differently.
Trends switch too dynamically in financial field and in crypto, it is faster. For the first hour people can actually long on something and the next minute everyone is shorting

However, i believe in a longer term. Good Alts would always perform :)

This is absolutely wrong, what you had observed was not really the case Because Bitcoin whether pumped or dumped and so does Altcoins. Bitcoin turned into roller-coaster ride from $17,000 to $20,000 but Ethereum, Bitcoin Cash and other Top Altcoins are increasing pretty well. I don't think Bitcoin's price graph directly affects Altcoins but in some cases there are related but not usually.

With Bitcoin's roller-coaster ride isn't stable because the adjustments and corrections are having a huge differences unlike Ethereum and Bitcoin Cash and other Altcoins.
Bitcoin's a thousand dollar price adjustment isn't stable but it's a momentum wherein investors and traders decide whether buy or sell more.

no altcoins are pumping hard when btc is down too last 2days alot of coin made 100% pump , just pick the right time to trade

In some cases altcoins value was determine on the stability of bitcoin and since its bitcoin nature to pump and dump altcoin price cannot be established properly but even though one thing I am sure of as long as bitcoin value continue to remain strong whether it fluctuates all the time alts will never die and will remain part of the crypto currency market and it will be value they way bitcoin appreciate.

I think of one coin increase the other coin will decrease. It is normal situation guys. Just be patient and waiting for many time. I believe that Altcoin will be rising again :)

I think that first bitcoin will go to correction and altcoins will fall in price along with bitcoin. Then bitcoin will be in the flat and the altcoins will start to grow in price. This is my vision of the situation.

Adjustment is the answer. ALtcoins will follow BTC price.First of all , when BTC price increase to USD, altcoins will drop. After BTC price down slowly, altcoins will jump slowly. That's the natural market index that I see. After BTC is quiet stable, the altcoins will be stable too. The question is How much is BTC will be stable for long term?

This is my explaination:

-BTC up ---> Altcoin down---> investors put money into BTC.
-BTC down ---> Altcoin down --> because BTC like the mother ship, when it shrink, every thing follow.
-BTC stability ---> Altcoin up. --> investor put money into Alts.

Actually, now btc dominance 47% it's green light for altcoins. Same period was in summer.

Good altcoins will survive and the lesser ones will just become obsolete in time. I also believe that Altcoins will replace Bitcoin in the end, Bitcoin is simply to high right now, only big time investors and traders can deal with that coin.
Altcoins like Ethereum or Ripple have the potential to be the best cryptocurrency, only time will tell.

First BTC down ---> Altcoin down, then BTC stable ---> Altcoin stable, after that BTC stable ---> Altcoin rise There is no loss in terms of btc amount for altcoin investors just know how to wait

Bitcoin up and then altcoin will be going up too. Just like ethereum that has been following the bitcoin in this time, and how it reaches another peak after the bitcoin already did it some days ago.
And as you can see how the majority of the coin are growing so fast in this time.
bitcoin up altcoin up bitcoin down altcoin down and bitcoin stable altcoin up.

Its simple as a kid game. Bitcoin cash is going to replace bitcoin and all alts going to moon with bitcoin cash.
Fast and cheap transfers is the first point for crypto currencies. Bitcoin is only investment commodity for newbies.

I expect altcoins to go down after the New Year, however that's just my opinion and I cannot se the future

All the people with new money that has now come into crypto recently will now look at other avenues for growing their bitcoins. Greed will take over them when they find out about alts and the money shall flow into alts and hence a alt rally is very much expected.

BTC down - Alts down rule doesn't really apply to all coins.
For instance, ETH was stable last week while BTC did a bear run. NXT and ARK has been fairly stable this week.

The Pattern you mentioned is correct, but standards are born to be broken. You remember the standard already was:

-BTC up ---> Altcoin up.
-BTC low ---> Altcoin down
-BTC stability ---> Altcoin up.


December 20 last year, Ethereum had a price of $ 7.67 and Bitcoin $ 807 or so or less, based on this pattern I mentioned, but again the pattern may change, investment has increased exponentially, it is complicated to calculate a new pattern for next year.

now it seems that the effect of bitcoin has been reduced because when bitcoin prices rise or fall there are some altcoin which still continue to increase significantly such as the IOTA that has continued to rise in recent weeks but there is also altcoin that decreased.

yes, altcoin is difficult to predict, sometimes altcoin can give pleasure to us and also sometimes give disappointment. and some other altcoins like BCH are up, Litecoin is up, ETH rises when BTC price goes down.
I think if the bitcoin has recovered, another altcoin will be down or stable.

It was a very small correction. Soon the price of bitcoin can drop to 10 000, altcoins will also ask. It's necessary. It is not necessary to be afraid of this, the prices will then grow back. You must be ready for this.

I respect your view, but i think Bitcoin Cash is quite unstable at the present time. It's more like a roller coaster ride and i would trust it too much right now. I do believe though that altcoins will go up, but how is another question.

Do you think that correcting bitcoins will be so strong? If the price bitcoin drops to 10,000, then the cost of the altcoins will greatly decrease in the altcoin-dollar ratio. In addition, traders will not want to miss the opportunity to buy bitcoin at such an attractive price and sell their altcoins to buy bitcoin. It's my opinion.

We should not define that BTC up - altcoin down or sth likes that. We are traders and we have to have the responsibility for our money. Let research and find the main reason. Dont base on the recipe

No, I think alts won't be dumped if BTC would raise if there won't be dozens of forks and positive news about bitcoin.

I think that bitcoin will be stable for some time, this will give a boost to the increase in prices for altcoins in January - February.

No one can know for sure, only thing, at this time, things are very good. I hope the next year is the same!
But i thinks:
-BTC stability ---> Altcoin up.

Bitcoin will continue on this rise. so will altcoins but in the end only a few altcoins will survive.

People of all over the world who knows about cryptocurrency choices the popular coins like bitcoin, ethereum or altcoin.
all people can’t afford to use all type of crypto because of their ability. There are so many pumping and dumping happens with bitcoin or other altcoins. When bitcoins price dumps it effects on other alts too. We never can say about any altcoins future properly but something can say and all people who are involved with cryptocurrency can say that its market will not finish quickly. Better position is waiting for future.

In social networks, there was information that co-owner Bitcoin was exchanging his ;; portfolio; on dollars, that's why you need to wait for a decrease in Bitcoin's rate

Atlcoin is long-term projects which need time, people who buy BTC then begin sort and to understand that and to buy such Atlcoin therefore they will grow and bring money to people who have bought them earlier

I adhere to that rule when I am convinced that I do not need to spread and disperse my attention to altcoin. It is better to deal with several and in your opinion the most promising. Then do not have to sort and learn a lot of information.

People choices the popular coins like bitcoin,ethereum or other altcoin who knows about cryptocurrency of all over the world.
Because of their ability all people cant afford to invest into all type of crypto. Pumping and dumping happen with bitcoin or other altcoins much there. It effects on other alts too when bitcoins price dumps. We can say something about it and all people who are involved with cryptocurrency can say that its market will not finish quickly though we never can say about any altcoins future. Future will come with a better position.

I think that in general there will be growth in the long term. Especially if it is now a fall, then this is an advantageous time for buying coins of the first echelon. If you play in the short term, then it's harder to guess because it affects not only the cost of bitcoins, but also various news projects, new laws, news of a larger scale plan. Probably, it is worth the main part of money to invest in its original coins and gradually expand your portfolio.

In the behavior of bitcoin in relation to altcoyins and vice versa, one can not calculate all the reasons. This is the complexity and unpredictability of their behavior. It has already been noted that previous observations do not work at the present time. If earlier with an increase in bitcoin, altcoyins were falling in price, which was logical, but now it is just the opposite. And in the last two weeks, when bitcoin was floating down and down, the altcoyins surprisingly almost all grew very well in value.
       I hope that this year the altcoyins will go up, for bitcoin it is not so important. On the contrary, if bitcoin again starts wildly rising, states can individually or jointly take measures to regulate it and limit it. It will be bad for all the crypto currency.

I hope that it is the altcoins this year that will develop well and grow in price. Whatever bitcoin was not good, but most crypto currencies are exactly the altcoyins and they help people in specific areas of our activity. If bitcoin continues to break away from the altcoins in price, this will fix the bubble status for bitcoin, which will lower the overall image of the crypto currency.

A bit cheat but if we take a look at how altcoin with the recent BTC up, I said altcoin becomes stable.

Does it only me or do someone else here thinks that it is just a mere coincidence? Maybe there's one time that it is like this. When the bitcoin value goes up altcoin will be down and when bitcoin will goes down there will be a dump in altcoin. No one can tell. It is hard to predict whether the value of a coin will goes up or pump and then goes down or dump. It is really unpredictable. This is one of the characteristics coins have.

My prediction is if bitcoin price rises again, the price of most altcoins also go up. However altcoins will not increase as big as bitcoin. Like in previous months, bitcoin price rose, altcoins price also went up. Now many people are happy to invest here.

Bitcoin is very volatile so you should see the prices of Altcoins drop lower than expected at anytime.
If you have to invest in a coin then make sure you place a buy order instead of just letting the market place the orders for you because the price can drop down anytime.

Even in the case where the price of BTC is rising, ALT with high price or high demand is strong.

And despite the fact that the main altcoyins recorded a growth jump, the data on other crypto-currencies differ. Most traders in a panic sold them for Bitcoin, Segwit2x forks and Bitcoin Gold.

Although the Altcoin chapter fixed the volume surge, at the same time, the data is different. Many people in a panic sold them for Bitcoin, Bitcoin Gold and Segwit2x forks.

Ricardo Badoer said that reliable altcoins do not need to worry about every Bitcoin price increase. He noted that the principle position in their work should be the choice of a correct strategy. Investors should clearly understand the advantages of altcoyins.

Right now it looks like Bitcoin is consolidating its market share. At one point, the Bitcoin market dominance had dropped to as low as 32%. Now it is back to 41.4%. My guess is that by the end of this year, this figure may be at around 70% (irrespective of the exchange rates).

My hunch is that the altcoin will be growing along with Bitcoin. This is because both altcoins and Bitcoin dipped in price quite severely together in the previous month and earlier. Therefore, the natural movement is for the altcoins to recover. Bitcoin has already recovered although not yet on the full since it has yet to get back the value that was lost. The altcoins on the other hand have yet to really show some signs that they will start flying once again.