emmagloor (OP)
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October 13, 2017, 03:36:52 AM |
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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.
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Scorpion
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October 13, 2017, 03:41:22 AM |
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Well Ethereum has had it's time to shine this year, it's up over 3000% this year you know. And I think Litecoin is just waiting to explode too.
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futurebitcoins
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October 13, 2017, 03:45:08 AM |
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Because of bitcoin gold fork every one investing money in Bitcoins and that's why all other altcoins are not doing good.
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IceOleg
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October 13, 2017, 03:52:29 AM |
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Every time before the hard fork the alt coing stop growing. The market in circling, so everything is ok! Altcoins will grow a lot soon!
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javelot
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October 13, 2017, 03:52:43 AM |
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Bitcoin is taking all the money at the moment (Bitcoin dominance 56% on coin marketcap!). Eventually some of that money should flow back to the altcoin.
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iamTom123
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October 13, 2017, 03:52:47 AM |
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The whole Bitcoin community is ecstatic right now because it is continually surging up and can even reach $6,000 if there would be no major bad news that can hamper its journey. The scheduled hard fork is actually one of the most important impetus why it is pole-vaulting: many are getting out from altcoins they are holding to be converted to Bitcoin in anticipation of the free altcoin named Bitcoin Gold to be distributed to all Bitcoin holders. This is just one of the many twists and turns in the long history of Bitcoin.
We are hoping that within this year the value of Bitcoin can go as high as $7,500 or even $8,000 as the market is now learning to reject unnecessary bad news and comments from many finance CEOs attacking Bitcoin as just another ponzi and scam. The famed Mr. Jamie Dimon decided to never talk about Bitcoin for the time being as he is now called as just another hypocrite as shown by many evidences.
Hopefully, by next year, things would really look rosy for the benefit of Bitcoin as we might be dealing with less bad news in many fronts and there can be an addition of some countries who will accept Bitcoin under a regulated environment. In anticipation for 2018, there are now many people who are 'hodling' Bitcoin as much as they can.
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MrCrank
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October 13, 2017, 03:58:32 AM |
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I read that Ethereum hardfork soon (16 October) Litecoin rising too, you can see it on coinmarketcap. I think ETH will fall soon to 150-200 USD again. Why BTC rise? Because is the best cryptocurrency
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endlasuresh
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October 13, 2017, 04:00:33 AM |
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People need to trust every coin, do you trust other coins that are very new to the market? Now this forum name is too Bitcointalk and really growing everyday. I think a lot of people are steadily growing to invest in Bitcoin thats the main reason for increasing prices of Bitcoin.
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For Telugu Translation Contact to me
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piloder
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October 13, 2017, 04:02:24 AM |
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People have high hopes for bitcoin gold or upcoming fork so they are just selling all their alts for bitcoin so despite price of bitcoin is increasing altcoin's price is pretty much stable because in terms of bitcoin their price have dropped over 15% in last 24 hour.
Better check litecoin price, it is also increasing with bitcoin today.
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xianbits
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October 13, 2017, 04:07:07 AM |
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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.
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alfstep
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Here I come! Again!
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October 13, 2017, 04:13:14 AM |
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I am still new in crypto, Previously I thought when BTC is on the rise, alts will rise as well because its price is related directly to bitcoin It turns out when BTC is on the rise, alts will dump because many people want to buy BTC
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RoommateAgreement
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October 13, 2017, 04:37:21 AM |
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because bitcoin is a useful thing. it is a real cryptocurrency not just a useless token like ethereum is. bitcoin is also decentralized and without any kind of premine or ICO and also it is adopted by more than just speculators who want to trade and make money from it. so the demand for bitcoin is always increasing with both these groups (speculators and currency users) will increase.
on the other hands ETH is just a token for speculation and making profit (more fiat or more bitcoin profit). and the only reason it has ever risen has been the ICO hype of this year plus the massive pump that it had earlier this year. and when an altcoin enters a bubble, it will continue to go down even if it is a slow descend.
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Buying the dip...
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Senja Kemuning
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October 13, 2017, 04:38:33 AM |
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If we look at the data, the year's ethereum rise reaches thousands of percent while bitcoin is only hundreds of percent, it proves that almost all cryptocurrency prices rise not just bitcoin.
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Ayush rana
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October 13, 2017, 05:10:41 AM |
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Bitcoin is rising but not other crypto currencies the possible reason for this can be:- People are mostly investing on bitcoins which means the demand for bitcoin increases but on the other side. Due to limited bitcoins available in market and mostly peopleare holding bitcoins the supply is very less. In that case the value get increase.
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ManavKalyan
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Freedom
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October 13, 2017, 05:26:39 AM |
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Litecoin has risen over 10% is the past 24 hours... I think Bitcoin rise triggers all the other altcoins a positive push.
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bitbollo
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Nec Recisa Recedit
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October 13, 2017, 05:29:43 AM |
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I guess a lot of people sell their altcoins to gets btc for 25/Oct. With the 2 next hard fork a lot of people could earn btc just for having btc. This can explain why a lot of people choose to exchange. In the past I remember before hard fork "BCH" there was an impressive dump of LTC :O after a couple of months, the price was again to the past level.
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Kakmakr
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October 13, 2017, 05:41:27 AM |
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Bitcoin Gold is the current hype and everyone is looking forward to getting some free coins. So I would rather sell some Alt coins and buy bitcoins now, to get in on some more free coins. I can always sell these Bitcoin Gold coins later and then buy back some Bitcoin or the Alt coins I have sold.
Bitcoin Gold also look much better than most of these other Alt coins. ^smile^
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dark08
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October 13, 2017, 06:08:58 AM |
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Every time I check the price of bitcoin this day it’s continue to explode and now it reach 4800$ no doubt that many people have high believe in bitcoin potential but I see Ethereum price $314.84 increase 2.24% and litecoin $56.19 increase also into 10.19% according to coinmarketcap data chart I also have a high believe in this two altcoin soon we can see this coin pump and go to the moon.
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niisarearning
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October 13, 2017, 06:17:10 AM |
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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.
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Herbert2020
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October 13, 2017, 06:18:24 AM |
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because of a very simple reason: - bitcoin has real usage so it is adopted more and more every day - altcoins like ether does not have any real usage so their adoption is capped to pump and dumps only.
right now ETH is in a bubble which needs bursting. it is still resisting it though. but it will have a very hard time rising more than this. as for litecoin, it is still above 0.01BTC which it take as a good sign, this coin keeps its price up but there is not much reason for it to rise now. maybe in the near future when Lightning Network became more popular with its Atomic Swap LTC can be used everywhere.
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Weak hands have been complaining about missing out ever since bitcoin was $1 and never buy the dip. Whales are those who keep buying the dip.
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