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various
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October 17, 2017, 07:06:24 PM |
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bitcoin has risen too much. Altcoins has experienced an inevitable decline as people sell altcoins.
Everything will come back after October 25th
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vitja2002
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October 17, 2017, 11:11:42 PM |
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yes altcoin price will inflate too but reason for current bearish altcoins is due to btc fork end of Oct and in Nov.
People want to make the most of the new coins and so have all in BTC
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Morphling
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October 17, 2017, 11:16:40 PM |
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usually, its opposite, like what happened several days ago, but when the whole market is hot, i mean many new comers get into the crypto world, they both will go up together
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Baofeng
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October 17, 2017, 11:47:04 PM |
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I am not a specialist in crypto structures,but when bitcoin price goes up,altcoins prices goes up too after unknown time or not  Because always when btc rises,altcoins to started dropped down. I think there's no direct correlation however, as in the case today, altcoin is slumping because people are selling them to get free coins. There are a lot of instances in the past, but there also history when both markets really enjoy a price surge. So its not same to assumed that they have some kind of correlation. Let's wait after Oct. 25, and observed that once their is a dump on bitcoin, altcoin should rise. Though this market is really hard to predict. |
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DigitalLemming
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October 17, 2017, 11:53:13 PM |
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Depends. From what I've scene bitcoin pumps, alts go down. Bitcoin raises the roof a bit the slows down and alts surge to catch up.
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miyong
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October 17, 2017, 11:55:35 PM |
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I am not a specialist in crypto structures,but when bitcoin price goes up,altcoins prices goes up too after unknown time or not Because always when btc rises,altcoins to started dropped down. The price of altcoins varies from the price of BTC, investors, and some fake news sorrounded in the twitter, facebook and all. Sometimes its really hard to believe with our speculations because trading is truly unpredictable. |
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infinity33
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October 18, 2017, 12:02:59 AM |
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I am not a specialist in crypto structures,but when bitcoin price goes up,altcoins prices goes up too after unknown time or not Because always when btc rises,altcoins to started dropped down. The price of altcoins varies from the price of BTC, investors, and some fake news sorrounded in the twitter, facebook and all. Sometimes its really hard to believe with our speculations because trading is truly unpredictable. Exactly for what is trading yet this is so hard to predict what can or what will happen next so for me as bitcoin pump most probably that can happen on it altcoin are dump. |
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hgmarral
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October 18, 2017, 12:04:21 AM |
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Depends. From what I've scene bitcoin pumps, alts go down. Bitcoin raises the roof a bit the slows down and alts surge to catch up.
Yeah I've noticed that too, I think there are more and more people each day coming in to get into crypto to keep pushing the prices higher. Won't most alt coins have a downward bias as each project team that has done an ICO needs to cash in part of their holdings to fund business activity? |
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gallery2000
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October 18, 2017, 12:16:41 AM |
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If the BTC grows, it pulls Altcoin. This is because the capitalization of BTC is increasing, and Altcoin is falling. Correction and news will also help to increase Altcoin.
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BeggarInCryptos
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October 18, 2017, 12:29:37 AM |
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I have notoced that if Bitcoin raises very slowly, so do also altcoins benefit, while if Bitcoin raises very fast and very much, altcoins tank - people sell them to enjoy the ride of Bitcoin.
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ggg999
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October 18, 2017, 12:39:40 AM |
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When a price of bit was settled down, I wish a price of ait rises!
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Ranly123
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★777Coin.com★ Fun BTC Casino!
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October 18, 2017, 01:45:40 AM |
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This one is a bit of complicated since altcoins also depend on how bitcoin moves. So when you have your altcoins its better to keep it in a short time to avoid the fork and predict when to trade.
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Mazt rhiezt
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October 18, 2017, 01:49:15 AM |
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I have notoced that if Bitcoin raises very slowly, so do also altcoins benefit, while if Bitcoin raises very fast and very much, altcoins tank - people sell them to enjoy the ride of Bitcoin.
It seems right, when bitcoin produces thousands of people selling altcoin to buy bitcoin and enjoy fast growth. But when prices start to stabilize they will discard some of it to play on altcoin for short-term gain. |
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buy-it
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October 18, 2017, 02:12:04 AM |
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Many instances here somehow follow this trend, but from my research and experiences gathered, the issue is rhetorical. Bitcoin price recently is skyrocketing, and many altcoins are been dumped when their prices are falling, and also for fear of unknown in their future prospects. So, the factors militating for/against the crypyocoins at the period in review is the key.
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gidaahmad
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October 18, 2017, 02:16:54 AM |
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When bitcoin price goes up,altcoins prices goes up too?
The moment is rare and can be found only when the demand between Bitcoin and altcoins is high. I miss the moment.
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btc-facebook
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October 18, 2017, 02:26:49 AM |
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The logical thing when bitcoin is pumping up , altcoin usually dump because as I know altcoin are made because of bitcoin.
IMO altcoin quite difficult to beat bitcoin existence so if altcoin is also pumping up when bitcoin increase, it means that altcoin also got a lot of demand for it
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imsotiredofmoviereboots
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October 18, 2017, 02:53:56 AM |
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No it's the reverse. Altcoins go up when btc is down but not all of them rises. There are some instances that an altcoin still goes up even btc continues to rise because it has progress and it's community is strong so that's why it keeps going just like btc.
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anasso
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October 18, 2017, 03:19:11 AM |
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in most altcoins you can see this trend:
1- when bitcoin go up, altcoins falls
2- when bitcoin stabilize, altcoins go up
3- when bitcoin fall, altcoins falls
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HatakeKakashi
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October 18, 2017, 03:19:38 AM |
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Base on my observation or what I see they have altcoin the price increase also when the price of bitcoin increase and other altcoin decrease the price because many people convert their altcoin to bitcoin because they want to earn profit. Even they have possible to earn more bitcoin altcoin they sell it when they see bitcoin price increase because want to earn profit fastly. But it depends on the demand on the market if the price increase or decrease.
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frowsiter
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October 18, 2017, 04:13:30 AM |
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The answer is no. They are indirectly proportional to each other and when one goes up other goes down and vice versa. Why such ambiguity!? Well, it's simple, when this is happening people are actually trading alts with bitcoin on mass scale leading to pumping of bitcoin and thus making it fat over the time. If there is problem with bitcoin then surely people will start to dump bitcoin and out the thing into favourite altcoin making it more fat. The whole thing works like that. :-)
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