Bitcoin Forum

i am mining bytecoin , darknote and dogecoin these days ... its my own thinking that if i mine total available supply of these 3 coins then this coins value will go up ... i dont know that i am right or wrong :/

so please tell me something guys that :

1. how cryptocurrency price goes up ??

2. does all cryptocurrency price changes when bitcoin price changes ??

3. when bytecoin , darknote and dogecoin price will raise ??


please give me a detailed answer plz ...

Ad.1 price is going up when more people want to buy than sell. Or when people are pumping it.
Ad. 2 no. Price of other crypto currencies is not really depending on bitcoin price.  We can clearly see that after last price drop.
Ad. 3 when more people will want to buy those coins than sell them.

Easy as that :)

Best regards.

how all cryptos are priced bitcoin included ;

http://en.wikipedia.org/wiki/Greater_fool_theory

You asking the wrong questions my astute Newb.

1.Does price really determine the value of cryptocurrency? (no)

2.Does the price of Bitcoin and the relative prices of other Altcoins matter? (no)

3. Is the coin I am supporting worth supporting? (while removing the emotion of the bagholder syndrome) (and the answer is most probably no)

Fourthly do not get caught up in prices, because if you do, you become a speculative gambler. And most gamblers lose.    
Do your research on the fundamental block chain technologies and technologies behind the coin you listed. In my humble opinion most coins are worthless and have little to no chance to change the world of economics.

Advice: Always support Bitcoin and hold and spend a little BTC. Inform others of Bitcoin and its world changing implications. Secondly know that 99.999999999% of Altcoins are worthless but are valuable because someone with more money than you, makes its so. You and I are only in it for the ride. You can't not control the price, so don't go looking for answers about price. The hard part is finding worth while 0.000000001% coin alternatives to bitcoin.  

Follow this advice and you might make out of this crypto scene without getting burned, swindled, scammed or wasted time. Good luck random guy on BitcoinTalk from another random guy on BitcoinTalk :D

Hello and welcome to XDN people! If you have any questions about mining, buying and other related things, visit our main thread: https://bitcointalk.org/index.php?topic=788916.0
DarkNote price will raise soon, I promise!

1. depends on people who buy/sell coins, and the market.
2. no, alternate coin has different market. So, that's why bitcoin price would not change alternate coin price.
3. we don't know exactly 'when' these coin price will raise....,:)

Is that enough?

1) People buy from the sell side

2) Only the USD equivalent

3) Right now. Then down. Then back up. Repeat

How the hell do you think you'll be able to mine the total supply? Sure it would very likely go up because you would control the total supply of coins so you could do what you wanted with them.


1) Supply and demand.
2) Not all. Some of the big ones or ones that are paired on exchanges
3) Nobody can answer that

so your mining dogecoin and not merge mining with Litecoin ?

epic fail

1. When there's demand
2.Yes, their value in USD. Alts tend to go up against BTC when its price is stable.
3. Maybe never?

Alts tend to go down in BTC. Their price is correlated to BTC and USD.

99% of alts always go down in BTC longterm because they die. Only a few alts price is correlated to USD or CNY, those that will survive even if BTC dies(XRP,NXT,BTS).