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Author Topic: As Bitcoin's Price increase what would happen to Altcoins?  (Read 566 times)
vnck25 (OP)
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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, 03:26:53 AM
 #9

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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Kat_Slash
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October 24, 2017, 03:54:56 AM
 #10

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
 #11

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

reddit btcwriter1 - twitter kingpininvestor
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October 24, 2017, 04:04:29 AM
 #12

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
 #13

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

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October 24, 2017, 04:45:31 AM
 #14

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.

Buying the dip...
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October 24, 2017, 05:08:49 AM
 #15

Surely doom for altcoin holders. Do not deviate from your Bitcoin beliefs.
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October 24, 2017, 05:47:41 AM
 #16

As bitcoin price increases all alt coins price will drop down
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October 24, 2017, 05:53:00 AM
 #17

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
 #18

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
 #19

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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October 24, 2017, 05:59:01 AM
 #20

When all the capital of the altcoin is transferred to the bitcoin, the price of the altcoin will drop bottomless because when the hard fork event will generate bitcoin gold because of the policies of some trading floors you will get bitcoin Gold is a 1: 1 ratio if you store bitcoin so all the resources of the altcoin are drawn and put in bitcoin resulting in a sudden increase in bitcoin but you are assured that when the hard forrk event ends, Back to altcoin so altcoin will increase sharply

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October 24, 2017, 06:24:26 AM
 #21

When all the capital of the altcoin is transferred to the bitcoin, the price of the altcoin will drop bottomless because when the hard fork event will generate bitcoin gold because of the policies of some trading floors you will get bitcoin Gold is a 1: 1 ratio if you store bitcoin so all the resources of the altcoin are drawn and put in bitcoin resulting in a sudden increase in bitcoin but you are assured that when the hard forrk event ends, Back to altcoin so altcoin will increase sharply

Hard fork was already over and your prediction gave an opposite result. Most the altcoin inflates price and cryptocurrency market cap increased. Thanks to BTG hard fork FUD, Altcoint market alive again and back to bullish trend, I hope that most of the altcoin will recover their original price sooon.

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October 24, 2017, 06:38:00 AM
 #22

these both are crypto currencies and both are very profitable for the investors as if the demand of one currency goes up the prices will be relatively high and it is the natural phenomenon that if demand for one currency increases the prices are also increases if bitcoin prices increase people will look for altcoin to invest in this because this is a profitable investment.

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October 24, 2017, 06:40:29 AM
 #23

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.

That's what the old traders wants you to think. Go on...
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October 24, 2017, 07:52:22 AM
 #24

While bitcoin is growing - altcoins will become cheaper, this is understandable, because most of them are traded in pairs to bitcoin. Also, many people go out of the aloin ooze to buy bitcoin. But when the hardcore passes, all people will start buying out the altcoy again and the price for them will start to grow.
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October 24, 2017, 12:03:44 PM
 #25

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 

In my experience here to earn bitcoin, ico is one of the resources for you to get bitcoin profit, then Trading. These two are the major factors for us to have bitcoin earnings. Beside there still legit ico where you invest in it as long as you know it is really potentials and legit.
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October 24, 2017, 12:08:17 PM
 #26

As bitcoin becomes more popular and higher in price more people are going to be interested in alt coin investments just in case they follow Bitcoin in price.
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October 24, 2017, 12:28:29 PM
 #27

Last 50 days has been so hectic for crytpo currencies . Continuous forks, Negative statements, bans on ICOs, shutting down exchanges etc... it's alot to take in and the prices of Alts have declined way too much in the couple of days. Bitcoin on the other hand have increased massively and created ATH which had made another impact on Alts prices. Now since the fork is done and I hope the BTC price will be corrected and we might see an increase in Alts prices. But if the BTC price continues to increase then people will start losing hope on Alts and it might be a crisis for the Alts.

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October 24, 2017, 05:04:42 PM
 #28

When increasing bitcoin, altcoins always fall, and this is a good time to buy
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October 24, 2017, 05:09:46 PM
 #29

As a newbie who has been in the crypto universe, I have witnessed 2 things. Bitcoin price surges, alts follow with bitcoin and make all time highs. Second scenario which we are seeing now is, bitcoin make new ath, alts take a blood bath.

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October 24, 2017, 05:33:25 PM
 #30

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.
When increasing bitcoin, altcoins always fall, and this is a good time to buy
These are simply speculations, not statements about the real case with coins on the market. I remember when in May btc was growing and so did most of altcoins, so people kept saying that btc always pulls altcoins together with it. Now the situation is mainly different and you say that it's vice versa. There are no strict correlation at all. Now btc is a bit down and alts are up, for example, but it doesn't mean we can predict what would happen tomorrow if btc keeps going down, for example.

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October 24, 2017, 05:38:43 PM
 #31

There is no simple rule for this, it is always good to look at the background. But for the future, I think that BTC dominance will go back below 50%.

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October 24, 2017, 06:20:04 PM
 #32

price of altcoins is pumping now after the bitcoin gold fork!

i don't know what's the future of the market now but i think we are in a dangerous period and a big crash is around the corner!
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October 25, 2017, 10:27:24 AM
 #33

While bitcoin is growing - altcoins will become cheaper, this is understandable, because most of them are traded in pairs to bitcoin. Also, many people go out of the aloin ooze to buy bitcoin. But when the hardcore passes, all people will start buying out the altcoy again and the price for them will start to grow.
You are so much true in this regard. Well, bitcoins and altcoins are paired and you know better when one is going up, the other one just go down. So we can call them reciprocal of one another. Like now, bitcoins are expensive and enjoying the market while altcoins are just seeing that booze and no one is willing to buy them. But don’t worry, prices will get back very soon.

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October 25, 2017, 11:36:49 AM
 #34

What people want, drop bitcoin and increase altcoin. We want all of us is to increase the bitcoin value like now, and if the bitcoin price increases then the altcoin value will drop down so this is the time to choose your trusted altcoin and buy. and those holding of the same coin, do not be impatient and don't lose hope because the increase of its value is longterm.
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October 25, 2017, 12:27:41 PM
 #35

as bitcoin price increase they creat you a good opportunities to buy a promising  ico
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