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Author Topic: Bitcoin lead to Alternate coins ?  (Read 305 times)
Differ
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June 25, 2019, 11:49:20 PM
 #21

Watch the percentage of bitcoin domination at the coinmarket.

And for diversification I advise a new crypto wallet.
Cloud Token (only the beginning of the project), read more about it here https://bitcointalk.org/index.php?topic=5157220.0 , I advise you to sort out the topic so as not to blame yourself for the lost opportunity! 💪

P.S. The project token has the ability to do x10 before the end of the year.
Nalbo
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June 25, 2019, 11:50:26 PM
 #22

I do not think that. With the increase in the price of bit coins, why the price of alt coins decreases. In some cases, I noticed that the cost of alt coins decreases along with the decrease in the price of bit Coins. This is the reason why I seen advice from the experts. Thank you so much for your valuable opinion.

Bitcoin is the largest price coin, coin with largest marketcap, more valuation than the sum of all available alternate coins and the most popular pair when buying and selling altcoins.
So there are different metrics that takes the price of altcoins and bitcoin in the same direction. When bitcoin rises high, altcoins follow at a smaller rate but as the increment in bitcoin is larger, people tend to sell off their alts for bitcoin.
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June 25, 2019, 11:51:00 PM
 #23

Because basically not all altcoins follow the bitcoin price trend.  All crypto users love bitcoin, but not all crypto users like all types of altcoins.
They have different interests for other altcoins, this is the reason why prices are not always in tune with bitcoin.

Yeah it seems like a good reason why alcoins price is not following the uptrend price of bitcoin. And beside of that I think alcoins price is supposed to be rising a little bit slower from bitcoin because all of the investment at first will be targeting on bitcoin and then for altcoins.

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setialovers
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June 26, 2019, 01:21:03 AM
 #24

I do not think that. With the increase in the price of bit coins, why the price of alt coins decreases. In some cases, I noticed that the cost of alt coins decreases along with the decrease in the price of bit Coins. This is the reason why I seen advice from the experts. Thank you so much for your valuable opinion.

Strengthening bitcoin must have an effect on the altcoin price for bitcoin. But againts US Dollars, good altcoins price will stay or increase slightly. I think it's normal because at the moment the price of bitcoin is rising very sharply
Dimas99
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June 26, 2019, 01:39:30 AM
 #25

I do not think that. With the increase in the price of bit coins, why the price of alt coins decreases. In some cases, I noticed that the cost of alt coins decreases along with the decrease in the price of bit Coins. This is the reason why I seen advice from the experts. Thank you so much for your valuable opinion.

Strengthening bitcoin must have an effect on the altcoin price for bitcoin. But againts US Dollars, good altcoins price will stay or increase slightly. I think it's normal because at the moment the price of bitcoin is rising very sharply
This has happened a long time ago when indeed the increase of bitcoin was very fast and big, so most altcoins will decline. because most people exchange to bitcoin. but usually it doesn't take long for altcoins to rise in price.
bitcoinm3ster
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June 26, 2019, 02:42:28 AM
 #26

Well, what is certain is that when the price of Bitcoin falls, it will be followed by a fall in the price of Bitcoin, but the question is why prices tend to decline when the price of Bitcoin rises all because the dominance given by altcoin is still small so the trading volume is also small. it happens at altcoin too, but if the dominance of Bitcoin rises quickly then the altcoin price can be sure to place ATH or the bull season arrived.

Bitcoin is about to reach the threshold of slowing down and falling and that time will be the time when capital flow will flows into Altcoin

Tipstar
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June 26, 2019, 02:48:13 AM
 #27

Well, what is certain is that when the price of Bitcoin falls, it will be followed by a fall in the price of Bitcoin, but the question is why prices tend to decline when the price of Bitcoin rises all because the dominance given by altcoin is still small so the trading volume is also small. it happens at altcoin too, but if the dominance of Bitcoin rises quickly then the altcoin price can be sure to place ATH or the bull season arrived.

Bitcoin is about to reach the threshold of slowing down and falling and that time will be the time when capital flow will flows into Altcoin

This hasn't been the case for recent falls. When the price of bitcoin falls, people prefer to hold that money in fiat equivalent than a crypto so they could buy back bitcoin when it reaches the bottom. Thus they starts buying stablecoins. Though we may consider stablecoin as an altcoin but they have no increase and value and hence bitcoin's dominance keeps on rising.


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Blue_oxen
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June 26, 2019, 02:51:50 AM
 #28

Bitcoin has always been the safest coin to invest in and over the past few months it as also proven To be one of the most profitable.
Altcoins are good and some of them have really high price surges after the ICO or IEO. However this is not the case for all and cryptos sometimes an investor looses money. Bitcoin is ahead of the altcoins as an investment tool in my opinion.
Whether you invest any altcoin, it is important to keep more than 40% of Bitcoin assets as this is the only coin that can stabilize very well if the market has a large price increase. I think holding Bitcoin will always make you have a good profit and if you choose a long-term investment then selling at this price is still very low because the potential of this market is still great and if you are owning more than 1 BTC, you will soon become richer in the future because i believe that the BTC will soon reach $50,000 in the near future.

Botnake
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June 26, 2019, 03:49:02 AM
 #29

The price decrease because people are betting their money on bitcoin, when bitcoin continues to rise that would give easy money for them.
Also, you have to remember that bigger money are betting put in bitcoin in trading compared to altcoins, so eventually altcoins will be affected.

What we witness now is just a start of a bull run, it has rises over its ATH so that's the first stage of effect.
Soon, when bitcoin reaches a new ATH,  FOMO is surely gonna happen and altcoins will also begin to rise, just don't be in a hurry,  it will come at the right time.

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thiscomm
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June 26, 2019, 04:14:16 AM
 #30

I think this might happen because bitcoin has mastered most of crypto. and maybe all of the lower alt prices follow the bitcoin price because all investors only see the development of bitcoin.
so this might be very influential for Alt.

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Prettygirl01315
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June 26, 2019, 04:17:12 AM
 #31

Yes this is true bitcoin leads altcoins to increase because of the bitcoin dominance price. There are some coins or tokens that's are pumping but still when there's no buyer it will stick on following the increase of the bitcoin price with bitcoin altcoins are nothing
silver23
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June 26, 2019, 04:32:04 AM
 #32

Bitcoin and Altcoin is different type.
Bitcoin lead altcoin i think the system is not like that, Bitcoin is center of cryptocurrency.
altcoin have a something progress self and make token follow that platform self.
for example if ETH have erc20 platform and token erc20 platform will automatic follow ETH growth.
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June 26, 2019, 05:40:07 AM
 #33

I do not think that. With the increase in the price of bit coins, why the price of alt coins decreases. In some cases, I noticed that the cost of alt coins decreases along with the decrease in the price of bit Coins. This is the reason why I seen advice from the experts. Thank you so much for your valuable opinion.

Altcoin price movements always follow bitcoin and usually bitcoin leads the price movement. I think it also depends on the altcoin itself too, if the altcoin has a bright prospect sometimes the movement is different from bitcoin.
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