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Author Topic: What determines the price of Altcoins?  (Read 3063 times)
traderMax
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February 08, 2017, 04:38:40 PM
 #41

There is no real factors that determines the price of Altcoins, it is what the market is willing to pay for it though some things like good news, new update, partnership etc may influence in price. Another thing is the whale pumping the price to unrealistic price

I think the prices of the altcoins depend on the bitcoin.
Altcoins are affected when the demand and confidence of Bitcoin decreases.
Not all altcoins depend on bitcoins because there times the price jumps up and some alts follow the trait so its difficult to determine factors that affect them but ”CONFIDENCE” in an altcoin is a good price booster.

Confidence in the price of everything in the market determines. That's why you're seeing so much increase in the price of bitcoin. People are investing in btc for their bitcoin confidence.

All the other altcoins came out after the bitcoin. If the confidence of the bitcoin is reduced, the confidence with the altcoins decreases.
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February 08, 2017, 04:42:19 PM
 #42

There is no real factors that determines the price of Altcoins, it is what the market is willing to pay for it though some things like good news, new update, partnership etc may influence in price. Another thing is the whale pumping the price to unrealistic price

I think the prices of the altcoins depend on the bitcoin.
Altcoins are affected when the demand and confidence of Bitcoin decreases.
Not all altcoins depend on bitcoins because there times the price jumps up and some alts follow the trait so its difficult to determine factors that affect them but ”CONFIDENCE” in an altcoin is a good price booster.

Confidence in the price of everything in the market determines. That's why you're seeing so much increase in the price of bitcoin. People are investing in btc for their bitcoin confidence.

All the other altcoins came out after the bitcoin. If the confidence of the bitcoin is reduced, the confidence with the altcoins decreases.
relatively right mate, since bitcoin is the center for alts price and whatever bitcoin moves its also reflect to alts if we talk about value
its always btc that's makes alts priceless or valuable and with the strong movements of btc as of now i think another alt will show up and
try to rise accompany by btc.

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February 08, 2017, 06:31:03 PM
 #43

There is no real factors that determines the price of Altcoins, it is what the market is willing to pay for it though some things like good news, new update, partnership etc may influence in price. Another thing is the whale pumping the price to unrealistic price

I think the prices of the altcoins depend on the bitcoin.
Altcoins are affected when the demand and confidence of Bitcoin decreases.
Not all altcoins depend on bitcoins because there times the price jumps up and some alts follow the trait so its difficult to determine factors that affect them but ”CONFIDENCE” in an altcoin is a good price booster.

Confidence in the price of everything in the market determines. That's why you're seeing so much increase in the price of bitcoin. People are investing in btc for their bitcoin confidence.

All the other altcoins came out after the bitcoin. If the confidence of the bitcoin is reduced, the confidence with the altcoins decreases.
relatively right mate, since bitcoin is the center for alts price and whatever bitcoin moves its also reflect to alts if we talk about value
its always btc that's makes alts priceless or valuable and with the strong movements of btc as of now i think another alt will show up and
try to rise accompany by btc.

The overall mentality is simple with alts: When bitcoin rises, all alts are at high risks to get deep into the red, so I wouldn't bother holding many alts right now. Bitcoin is too healthy, it resists all damage caused by those damn bureaucrats and the nasty BUcoiners from /r/btc fail to crash the price too. You simply can't stop this, you get in the winning train and enjoy.

Tradescoinz
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February 08, 2017, 09:40:35 PM
 #44

If the volume of the coin is rising the coin price will probably go up.
MarMoCoin
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February 09, 2017, 12:47:24 AM
 #45

These all come back to supply and demand.

Some are describing how demand is generated but it's still supply and demand.


But please explain to us what cause this demand? When you say supply do you think number of coins in circulation at the moment or what? First you must create demand and it is created through lies and hype, empty promises in most cases,and demand is created from human greed . Artificially  created demand has no future it just a pump.

You just answered half of your own query. You asked what determines the price, now you're talking about things that are separate from that question.


[/quote]But please explain to us what cause this demand? When you say supply do you think number of coins in circulation at the moment or Supply has nothing to with it, in crypto world you can divide one COIN in millions of pieces.
[/quote]

You can only divide the number of coins that are available down to 8 decimal places, that's it. If coin supply was infinite then none of this would work.

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February 09, 2017, 02:16:50 AM
 #46

If the volume of the coin is rising the coin price will probably go up.
Nope, you must read economy 101, if the supply is increasing and the price of the coin will get a decrease because of a lot of supply for the limited demand.

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February 09, 2017, 03:05:50 AM
 #47

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February 10, 2017, 08:14:14 PM
 #48

We had a chance to see that Bitcoin didn't afflicted prices of few coins, because they have roots in darknet and they don't depend on governments and their decisions. I bealive this is true goal for every coin. This is where BTC failed to do.
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February 10, 2017, 08:19:02 PM
 #49

We had a chance to see that Bitcoin didn't afflicted prices of few coins, because they have roots in darknet and they don't depend on governments and their decisions. I bealive this is true goal for every coin. This is where BTC failed to do.

BTC will have to be tied into conventional fiat systems to grow. Its the only way that it got as far as it did.

Altcoin prices are purely speculative in nature. Since that are not used for anything other than speculation, ETH included. BTC too but you can use it to buy certain things.
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February 11, 2017, 05:39:51 AM
 #50

If the volume of the coin is rising the coin price will probably go up.
Nope, you must read economy 101, if the supply is increasing and the price of the coin will get a decrease because of a lot of supply for the limited demand.

Maybe they covered interpreting trade volume in "Economy 102" for the first time. @Trades got the price development probability right. Supply and Demand are all so often ballanced out by a small group doing trades with themselfes.

traderMax
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February 21, 2017, 08:49:31 PM
 #51

The altcoins all come out for a different innovation. But to me, most altcoins are valued depending on the price of bitcoin.
But I think some altcoins are independent of bitcoin. For example, Dash. Former name Darkcoin. Dash completes a major lack of bitcoin. People who use bitcoin generally want to be anonymous. Thanks to the anonymity feature Dash brings, it is a system independent of bitcoin.

I think Dash will be much more popular in the future.
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