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Author Topic: As Bitcoin's Price increase what would happen to Altcoins?  (Read 471 times)
vnck25
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October 23, 2017, 11:21:26 PM
 #1

With the the ever increasing price of Bitcoins, I believe it is dwarfing the market cap of all other coins (altcoins). If this trend continues would people invest in altcoins? What are your thoughts?

Thanks!

vnck25 

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October 24, 2017, 12:48:00 AM
 #2

then try to invest in ico, try to research the new and trusted company in ico. you can make profit from there. altcoin somehow can make a profit or loss if you enough smart to invest and trading them.

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October 24, 2017, 02:05:38 AM
 #3

When bitcoin price increases, altcoin price will go down and when that scenario continues, altcoins will continue to price down. If altcoins are still pricing down, the investors of altcoins will lose trust or hope on investing that kind of cryptocurrency. If that scenario continues, that coin will have no value.
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October 24, 2017, 02:13:26 AM
 #4

I don't think there is a direct correlation this broad. There are correlation calculators though which may be what you're looking for!

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October 24, 2017, 02:19:21 AM
 #5

Nothings changed mate still hoping for more success and more improvements . Theres still more spaces on even bitcoin to improve so it is still a competitive business no one will waver until sucess well i guess this is business you have to gamble something and take it for granted sometimes
. I also guess that they will have to work hard get ready for  hard fork i guess still ICO's improving

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October 24, 2017, 02:28:25 AM
 #6

I don't think there is a direct correlation this broad. There are correlation calculators though which may be what you're looking for!
The correlation would imply the sum of both beeing a constant. 2017 has proven that we can soar instead.

We should be looking out for the total size of the 'coinomy. Total sum of alts and bitcoin added together.
If whales dump their alts for dollars, for pumping bitcoin onto a new ATH we are actually loosing total substance in the process. And then, that correlation is observable. And those news about ATH fizzle fast, people calling "Bubble" and stuff.

...right now BTC dropped down below that $5650 starting point from 10/20/17 which is, have to admit, stressfull for me to take. I was looking at futures (biweekly) who had been looking bullish.
Maybe the topshelf alts are worth a look again, ETH, XMR of course, ZEC even? Found a really obscure DAG based alt but their dev team just splitted into halves Sad
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October 24, 2017, 02:45:06 AM
 #7

Bitcoin gold has just split and it's the altcoins' time now to rise. That is, until the next fork which is Segwit2x coming around mid-Nov.

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October 24, 2017, 02:57:46 AM
 #8

as usual, when bitcoin price increase altcoin will be blooding,
because huge volume moved from altcoin to bitcoin.
but, not all altcoin will be bloody, few altcoin will increase its depends on update, news and technically

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October 24, 2017, 03:03:30 AM
 #9


for me this is a good time to invest in altcoins. because bitcoin gold has just split and everyone have profit from bitcoin gold

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October 24, 2017, 03:26:53 AM
 #10

With the the ever increasing price of Bitcoins, I believe it is dwarfing the market cap of all other coins (altcoins). If this trend continues would people invest in altcoins? What are your thoughts?

Thanks!

vnck25 
Be patience and the more altcoin coins player will be back again from the bitcoin because they are getting what they want from the bitcoin itself. I kinda feel of that will take the more time to happen. people in hype of bitcoin gold.

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October 24, 2017, 03:54:56 AM
 #11

Stable bitcoin price brings growth to Alts, any random movement will make the Alt market go crashing and  bleed. So healthy BTC = Healthy Crypto world.

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October 24, 2017, 04:00:44 AM
 #12

As Bitcoin's Price increase Altcoins price also increase as long we don't have another scam hard fork.

i scam no one and the scammers don't like me.
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October 24, 2017, 04:04:29 AM
 #13

If you are an intelligent investor this is the best time to be loading up these tokens, it is just a normal market correction, though I don't know how long this will last maybe until the first quarter of next year because Altcoin market has done more than 30X this year alone

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October 24, 2017, 04:19:33 AM
 #14

In long-term Bitcoin's Price increase Altcoins price also increase.

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October 24, 2017, 04:45:31 AM
 #15

so far whenever bitcoin is rising or falling the altcoins continue to get dumped a lot and go down drastically. but nothing really happens to altcoins. they still exist and they will get pumped at some point in the near future after the bitcoin rise and fall ended and it became more stable.

it seems to me like they take turns. when bitcoin is moving, everyone exists altcoins and goes in bitcoin. and when bitcoin stops some small group go back to altcoins to trade them. and that means a pump after bitcoin stable price.

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October 24, 2017, 05:08:49 AM
 #16

Surely doom for altcoin holders. Do not deviate from your Bitcoin beliefs.

"We're gonna need a bigger boat"
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October 24, 2017, 05:47:41 AM
 #17

As bitcoin price increases all alt coins price will drop down

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October 24, 2017, 05:53:00 AM
 #18

Bitcoin rises with the help of Altcoins itself. In my own view, it Bitcoin's isn't that impressive then nobody wants to create another blockchain community.

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October 24, 2017, 05:53:38 AM
 #19

Its all about speculation and movement in market trend as china banned ICO and citcoin regulation bitcoin price reached around 3000$ then it raised to 6000$ once 2 fork announced . Soon altcoins will take its place once people claim btg and b2x. Cryptocurrencies are here to stay .

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October 24, 2017, 05:55:08 AM
 #20

Alt coins will drop very good time to buy some coins you’re interested in or even look into some new projects
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