Johnny00 (OP)
|
|
April 28, 2016, 12:46:22 PM |
|
litecoin will drop as well but will the other altcoins rise? I feel bitcoin price will drop, just a matter of time.
|
|
|
|
merelcoin
|
|
April 28, 2016, 12:49:08 PM |
|
litecoin will drop as well but will the other altcoins rise? I feel bitcoin price will drop, just a matter of time.
Most altcoins cannot be bought directly. You need to buy BTC and exchange your BTC for alt's (there are a couple exceptions to this rule tough). In my opinion, this means that when bitcoin drops, the actual USD or € value of the altcoin will drop to, eventough the exchangerate BTC/ALT might rise, the actual price will most likely plummet and follow BTC.
|
|
|
|
Johnny00 (OP)
|
|
April 28, 2016, 02:23:26 PM |
|
Are you invested in anything?
|
|
|
|
SharkCoinerHD
Member
Offline
Activity: 98
Merit: 10
|
|
April 28, 2016, 02:25:34 PM |
|
Most altcoins are bought with bitcoin, so if bitcoin goes down it'll take the alt coins with it.
|
|
|
|
HeroCat
|
|
April 28, 2016, 02:30:20 PM |
|
Bitcoin is stable, it can not crash so easy. A lot of BTC mining farms are working around the clock, and BTC have worldwide coverage.
|
|
|
|
fortunecrypto
Legendary
Offline
Activity: 2562
Merit: 1048
|
|
April 28, 2016, 02:34:07 PM |
|
litecoin will drop as well but will the other altcoins rise? I feel bitcoin price will drop, just a matter of time.
Just what all experts are predicting how much bitcoin price increase will be this year you are predicting it to go down,what made you come out with that prediction I don't think it will go down this year any year but not this year
|
|
|
|
Johnny00 (OP)
|
|
April 28, 2016, 02:41:37 PM |
|
i'm a fan of the technology but it's still trying to decide if store or wealth or used as currency. 90% of the board think bitcoin will jump after July but just like the stock market, when everyone is going one way the market takes it down.
|
|
|
|
klarki
Legendary
Offline
Activity: 3430
Merit: 4122
Top Crypto Casino
|
|
April 28, 2016, 04:27:55 PM |
|
Dear, and why you have decided that the price of Bitcoin will fall? you possess information that is not available to others? I'm just wondering where those conclusions, I would like specifics. But many of us, on the contrary expect growth in the near future.
|
|
|
|
Ultrabat
Member
Offline
Activity: 117
Merit: 10
|
|
April 28, 2016, 04:39:37 PM |
|
litecoin will drop as well but will the other altcoins rise? I feel bitcoin price will drop, just a matter of time.
Most altcoins cannot be bought directly. You need to buy BTC and exchange your BTC for alt's (there are a couple exceptions to this rule tough). In my opinion, this means that when bitcoin drops, the actual USD or € value of the altcoin will drop to, eventough the exchangerate BTC/ALT might rise, the actual price will most likely plummet and follow BTC. There some markets based on altcoins. For example, in Poloniex, you can buy several coins with Monero.
|
|
|
|
Red-Apple
|
|
April 28, 2016, 04:45:19 PM |
|
litecoin will drop as well but will the other altcoins rise? I feel bitcoin price will drop, just a matter of time.
i have said this before about other altcoins going down because of bitcoin rising. now this is just reverse: in my experience there are only a handful of altcoins like LTC that will be affected by bitcoin price and the rest are doing their thing, and even if they get affected it will be small.
|
--signature space for rent; sent PM--
|
|
|
crossabdd
Legendary
Offline
Activity: 1316
Merit: 1145
|
|
April 28, 2016, 04:48:00 PM |
|
litecoin will drop as well but will the other altcoins rise? I feel bitcoin price will drop, just a matter of time.
some of which I have seen and experienced, whereby when the price of bitcoin down, altcoin prices always rise and vice versa when the price of bitcoin increases, price altcoins decreases.
|
|
|
|
Nxtblg
Legendary
Offline
Activity: 924
Merit: 1000
|
|
April 28, 2016, 09:54:47 PM |
|
Most altcoins are bought with bitcoin, so if bitcoin goes down it'll take the alt coins with it.
Yep: that's exactly what happened in the latter half of '14 and moreso last year.
|
|
|
|
Snail2
Legendary
Offline
Activity: 1512
Merit: 1000
|
|
April 28, 2016, 10:00:21 PM |
|
litecoin will drop as well but will the other altcoins rise? I feel bitcoin price will drop, just a matter of time.
No. All alts are almost pegged to bitcoin. There are no alt what have a real word economy behind it, what would make it independent. If bitcoin drops everything else will go down as well.
|
|
|
|
kiklo
Legendary
Offline
Activity: 1092
Merit: 1000
|
|
April 28, 2016, 11:14:29 PM Last edit: April 28, 2016, 11:28:52 PM by kiklo |
|
litecoin will drop as well but will the other altcoins rise? I feel bitcoin price will drop, just a matter of time.
No. All alts are almost pegged to bitcoin. There are no alt what have a real word economy behind it, what would make it independent. If bitcoin drops everything else will go down as well. Nope, BTC could disappear tomorrow and ALT coins with strong communities would continue on. LTC & Doge would immediately become the main trading pairs instead of BTC, and not because they hold anything special, it is just they already have Fiat trading pairs setup , so they would be switched to the quickest. Crypto Revolution is underway, it does not matter if one falls, another will takes it's place quickly. VIVA CRYPTO REVOLUTION
|
|
|
|
BitcoinNational
Legendary
Offline
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
|
|
April 29, 2016, 10:16:12 AM |
|
|
|
|
|
Amph
Legendary
Offline
Activity: 3248
Merit: 1070
|
|
April 29, 2016, 10:35:19 AM |
|
so you think that bitcoin will drop, after it increase by 100% from 200 since months? you are not doing a good prediction, there is basically zero chance that it will drop, there are more chance that it will stay there or it will increase a bit
|
|
|
|
Johnny00 (OP)
|
|
April 29, 2016, 10:36:14 AM |
|
so you think that bitcoin will drop, after it increase by 100% from 200 since months? you are not doing a good prediction, there is basically zero chance that it will drop, there are more chance that it will stay there or it will increase a bit
Market correction
|
|
|
|
Wapinter
Legendary
Offline
Activity: 2716
Merit: 1026
Hire me for Bounty Management
|
|
April 29, 2016, 10:38:08 AM |
|
Most altcoins are bought with bitcoin, so if bitcoin goes down it'll take the alt coins with it.
In that case wouldn't price of bitcoin go up?Dont we have to pay more btc to buy same amount of bitcoin?
|
|
|
|
r0ach
Legendary
Offline
Activity: 1260
Merit: 1000
|
|
April 29, 2016, 10:51:01 AM |
|
What a shit thread. This "Goldcoin" guy is claiming he's Satoshi, and another lunatic is hyping broken PoS scamcoins claiming BTC could go to 0 and alts that were designed from the ground up as scams wouldn't.
|
|
|
|
arbitrage
|
|
April 29, 2016, 10:57:59 AM |
|
Who promised to us that will BTC survive or become new world currency? Actually everything related to bitcoin is based on beliefs and expectations.. This can be very dangerous because people investing real money (savings or similar). But we are safe for now, and probably in next few years.
|
|
|
|
|