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Author Topic: Why is only Bitcoin on the rise but not Etherium and Litecoin?  (Read 826 times)
stolendata
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October 13, 2017, 06:23:15 AM
 #21

People are selling their altcoins like ethereum and litecoin so they could gather more bitcoin. More bitcoins, more free coins. I don't know if it's legit but as what I have read, only those with minimum of 1 btc will get the free forked coins.
Bitcoin is the main crypto currency, and most of the people are focusing on bitcoin. Some time when the bitcoin price remain as stable so they invest their bitcoin in other crypto currencies, but when they realize that the bitcoin price is going to increase, they try to sell all the altcoin they are holding and convert it into bitcoin. So that is the reason that when the bitcoin price is increasing the other altcoin prices do not move.
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October 13, 2017, 06:24:25 AM
 #22

It's interesting how everything thinks Bitcoin is the thing that individuals are sitting tight for… NO. Bitcoin is hard forking with '2x' which is Segwit2x. There is no new authority name yet and practically all huge trades, wallet suppliers and retailers will acknowledge both and see which one ends up as the winner. That '2x' chain is what will profit on the grounds that conceivably it will be worth to such an extent if not more than BTC.
On what grounds are we suppose to take that statement as  a fact ? Just because you're concluding it ? Your opinion isn't any different from the rest.

Bitcoin gold is simply one more altcoin that you can get for nothing as a reward however the esteem will be essentially lower and up to this point nobody has turned out and said they'll bolster it.

Bitcoin is soaring since it appears like the hard fork will come without issue in November and everybody needs to twofold their cash. Concerning Litecoin, it went up simply because of its nuclear swap capacities with BTC and '2x'.
- Biitcoin gold will end up just like BCH,trash.Free money for a while and then everyone goes back to bitcoin.
- Not really,there are lot of other reasons for Litecoin's success.I don't need to go into the technical details for now but I totally disagree.

Ethereum isn't going anyplace since it truly has nothing to do with Bitcoin now and all the cash is streaming out of altcoins and going into Bitcoin as of right now.
So ? That is not ETH's fault.The market decides what prospers and what lives in the shades of black.


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bubblebit
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October 13, 2017, 06:24:53 AM
 #23

Because of bitcoin fork happening in october 25 people are converting all the altcoins into bitcoin so that they are in assumption of getting free bitcoin gold after fork. Still it’s not decided completely now people are buying or converting altcoin into bitcoin.

Well said. I do have the same assumption too.

The fork is one reason and amazon welcoming bitcoin is also.
This fork makes no bad effect to bitcoin and that is the reason many users invested more bitcoin and converting they’re hold altcoin into bitcoin for a more BitcoinG free. It makes sense as it was not like bitcoin cash that bitcoin price is not increasing this rapidly fast.

I got an information from a friend about amazon adaptation to bitcoin as an option that will be out after the fork. Is it true? Maybe or not? But we’ll see as it might be a huge impact if it will happen.
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October 13, 2017, 06:29:25 AM
 #24

One of the reason why Bitcoin is the only one to rise and not Etherium or Litecoin because they are separate projects.  Bitcoin improvement or upgrades does not reflect with those two development.  They have different developers and set of community.  Aside from that, the higher Bitcoin become the lesser we have to pay on those two in BTC.

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Antonas1
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October 13, 2017, 06:40:31 AM
 #25

Everyone is busy and scrambling to buy bitcoin because of the events that will happen, and that's what makes bitcoin prices go up fast. But we should be careful, because we don't know what will happen to the hardfork later. If you are expecting free money (BTG), I recommend you use half of BTC you have.
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October 13, 2017, 06:41:57 AM
 #26

The father and the leading digital currency over the advance technology of the blockchain is Bitcoin, it is the most popular cryptocurrency throughout the world no doubt why it has a huge rise of price over the market this past years and months, Yes of course Litecoin and ETH have their own improvements but Bitcoin has it own league to begin with, the foundation and the improvement of the community drives the bitcoin to stay to the top over the altcoins.

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October 13, 2017, 06:48:21 AM
 #27

I don't see enough reasons and incentives from the miners to start pumping these coins up. Real-world applications, bitcoin is the top dog; ETH and LTC are trailing behind. Not everyone utilizes these smart contracts and other fancy features. People just need to store value and send/receive it using a reliable method/coin/w.e. which is given by bitcoin already. Aside from that, everyone is departing the altcoin markets and pours the money to bitcoin to prepare for the bitcoin gold fork and 2x on November, so that could partly explain it as well.

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November 24, 2017, 09:36:25 PM
 #28

I don't see enough reasons and incentives from the miners to start pumping these coins up. Real-world applications, bitcoin is the top dog; ETH and LTC are trailing behind. Not everyone utilizes these smart contracts and other fancy features. People just need to store value and send/receive it using a reliable method/coin/w.e. which is given by bitcoin already. Aside from that, everyone is departing the altcoin markets and pours the money to bitcoin to prepare for the bitcoin gold fork and 2x on November, so that could partly explain it as well.

People don't use smart contracts but this will change in future when more users get familiar with and start to use advanced features. So maybe not now but soon we will see ETH exploding.

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November 24, 2017, 10:42:28 PM
 #29

I don't see enough reasons and incentives from the miners to start pumping these coins up. Real-world applications, bitcoin is the top dog; ETH and LTC are trailing behind. Not everyone utilizes these smart contracts and other fancy features. People just need to store value and send/receive it using a reliable method/coin/w.e. which is given by bitcoin already. Aside from that, everyone is departing the altcoin markets and pours the money to bitcoin to prepare for the bitcoin gold fork and 2x on November, so that could partly explain it as well.

People don't use smart contracts but this will change in future when more users get familiar with and start to use advanced features. So maybe not now but soon we will see ETH exploding.
Is just a matter of waiting and patience, because I believe that it will go that way. They have potentiality to earned profit just like with bitcoin. Though they are far from each other because of it's  popularity in the market but I know there is a time for ethereum to shine and be recognized by more investors.

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November 24, 2017, 11:58:51 PM
 #30

It's interesting how everything thinks Bitcoin is the thing that individuals are sitting tight for… NO. Bitcoin is hard forking with '2x' which is Segwit2x. There is no new authority name yet and practically all huge trades, wallet suppliers and retailers will acknowledge both and see which one ends up as the winner. That '2x' chain is what will profit on the grounds that conceivably it will be worth to such an extent if not more than BTC.

Bitcoin gold is simply one more altcoin that you can get for nothing as a reward however the esteem will be essentially lower and up to this point nobody has turned out and said they'll bolster it.

Bitcoin is soaring since it appears like the hard fork will come without issue in November and everybody needs to twofold their cash. Concerning Litecoin, it went up simply because of its nuclear swap capacities with BTC and '2x'.

Ethereum isn't going anyplace since it truly has nothing to do with Bitcoin now and all the cash is streaming out of altcoins and going into Bitcoin as of right now.

Bitcoin and Ethereum is having a great leap in pricing. Ethereum has now breached the $400 mark while Bitcoin is now on $8000. However, Litecoin doesn't have movements this year unlike Dash which was adopted by a large company. Just wait and you will be amazed by the market in a few yeara

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November 25, 2017, 12:53:51 AM
 #31

The growth has got a wild spread around the entire digital currency network. Today the price of bitcoin has gone above $8250, ethereum has gone above $450. Can expect the same level of growth to continue as we're almost a month away from the year end as well just a week for the last month of the year which is supposed to provide a large scale growth.

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November 25, 2017, 12:54:13 AM
 #32

Now that ETH exploded out of its range to new ATHs, this post is fun to revisit. Hell, even LTC is pumping now.

This looks like old school pump action to me: bitcoin sideways --> altcoin pump --> altcoin correction --> bitcoin pump. The money gets pumped back and forth between BTC and altcoins.

It's gonna be a fun month......

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November 25, 2017, 12:55:33 AM
 #33

It's interesting how everything thinks Bitcoin is the thing that individuals are sitting tight for… NO. Bitcoin is hard forking with '2x' which is Segwit2x. There is no new authority name yet and practically all huge trades, wallet suppliers and retailers will acknowledge both and see which one ends up as the winner. That '2x' chain is what will profit on the grounds that conceivably it will be worth to such an extent if not more than BTC.

Bitcoin gold is simply one more altcoin that you can get for nothing as a reward however the esteem will be essentially lower and up to this point nobody has turned out and said they'll bolster it.

Bitcoin is soaring since it appears like the hard fork will come without issue in November and everybody needs to twofold their cash. Concerning Litecoin, it went up simply because of its nuclear swap capacities with BTC and '2x'.

Ethereum isn't going anyplace since it truly has nothing to do with Bitcoin now and all the cash is streaming out of altcoins and going into Bitcoin as of right now.

Bitcoin and Ethereum is having a great leap in pricing. Ethereum has now breached the $400 mark while Bitcoin is now on $8000. However, Litecoin doesn't have movements this year unlike Dash which was adopted by a large company. Just wait and you will be amazed by the market in a few yeara
Ethereum, my latest favorite coin, has now reached 470$ and I think this will continue and will be more than 500$ in no time.
Ethereum has been sleeping for a while during which, bitcoin is in the moon. Litecoin has been maintaining its dollar value also when bitcoin's price was surprisingly increasing.
I guess it's 2 weeks now that bitcoin has stabled to 8000$ and up and making me think other people are now filling their bags up seeing ETH's & LTC's latest price.
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March 26, 2018, 05:03:56 PM
 #34

It's interesting how everything thinks Bitcoin is the thing that individuals are sitting tight for… NO. Bitcoin is hard forking with '2x' which is Segwit2x. There is no new authority name yet and practically all huge trades, wallet suppliers and retailers will acknowledge both and see which one ends up as the winner. That '2x' chain is what will profit on the grounds that conceivably it will be worth to such an extent if not more than BTC.

Bitcoin gold is simply one more altcoin that you can get for nothing as a reward however the esteem will be essentially lower and up to this point nobody has turned out and said they'll bolster it.

Bitcoin is soaring since it appears like the hard fork will come without issue in November and everybody needs to twofold their cash. Concerning Litecoin, it went up simply because of its nuclear swap capacities with BTC and '2x'.

Ethereum isn't going anyplace since it truly has nothing to do with Bitcoin now and all the cash is streaming out of altcoins and going into Bitcoin as of right now.
I think basically because bitcoin started it all (cryptocurrencies). Bitcoin is the original of it's kind. It is the most advance, safiest, highest market value, it is the most popular so therefore It is the best crypto-investment above all others.
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