Ignore this Alt Speculation sub-forum until bitcoin price stabilises?

[cryptolit]

When bitcoin goes up, Alts go down.

When bitcoin goes down, Alts go down.

When Bitcoin price is stable flat line then Alts prices go in the green.

I know it's all speculation but isn't it possible for bitcoin AND alts to go up?

[very_452001]

Speculators are saying bitcoin will go to $40000 next year.

If thats the case will we ever see green ATH's for Alts in btc value not $USD value?

[Idrisu]

I think we should actually hold until we can see bitcoin is stabilize and bitcoin price can be bring under control. For now the fluctuations is too high and there is no way some of the alternative coins can bear this preasure. I think one should hold altcoin's investment as you are definitely going to loss if you convert your bitcoin to altcoin.  All the coins need bitcoin to survive but bitcoin did not need them to survive.

[jacaf01]

I think what is happening now is just market sentiment, people are still not confidence hold Altcoins when Bitcoin is rally, when Altcoins rally they call it bubble but it is not so with BTC which is a concern to me

[BCEmporium]

I think what is happening now is just market sentiment, people are still not confidence hold Altcoins when Bitcoin is rally, when Altcoins rally they call it bubble but it is not so with BTC which is a concern to me

What do you mean? A lot of people have been calling Bitcoin a bubble for as long as it has existed.

[peter0425]

I think we should actually hold until we can see bitcoin is stabilize and bitcoin price can be bring under control. For now the fluctuations is too high and there is no way some of the alternative coins can bear this preasure. I think one should hold altcoin's investment as you are definitely going to loss if you convert your bitcoin to altcoin.  All the coins need bitcoin to survive but bitcoin did not need them to survive.

There are really good altcoins out there that are for long term hodl, like ETH. Right now bitcoin price will not stabilize or go to straight line because the sentiment is very bullish. But I don't think that the altcoin market is pressure with all the bitcoin run. Actually they hold as well, look at the top 5-10 coins and they have also enjoying a good run.

I somewhat disagree with the notion that altcoins needs bitcoin to survived, each altcoin is different project in my opinion and has its own "fan boys" just like bitcoin. I think they can survived all through out. They need each other mutually.

[devollito]

Maybe it is looked like what you though in fact the coin getting pump if whale decide to pump it and ussually it is happen with the great news behind it. Pump without news sometimes work sometimes no. Pumps makes people fomo and makes the coin going very high. I also though like you think but not now. Sometime btc up and there is some altcoin going up with it.

[Luuk]

I agree with this thread, considering the update Gulden is about to do. All eyes on bitcoin.

[very_452001]

I agree with this thread, considering the update Gulden is about to do. All eyes on bitcoin.

Yeah I don't see Gulden surpassing ATH's in btc value, $USD value is meaningless. I dont like USD fiat paper inflation I like my BTC to grow not dollars

[very_452001]

What are your guys comments now?

I don't see bitcoin price being sideways stabilising instead a crazy rally to $20k? If so what chances Alts will have against king bitcoin? Even Ethereum is not at $1000 yet.

Also I like Alts to raise in BTC value not $USD inflationary paper money value as $ is meaningless hence in my opinion there's still a lot of bag holders out there still in btc losses.

[BCEmporium]

What are your guys comments now?

I don't see bitcoin price being sideways stabilising instead a crazy rally to $20k? If so what chances Alts will have against king bitcoin? Even Ethereum is not at $1000 yet.

Also I like Alts to raise in BTC value not $USD inflationary paper money value as $ is meaningless hence in my opinion there's still a lot of bag holders out there still in btc losses.

BTC and altcoins rally in turns if you haven't noticed. It's not easy to predict the flow of the money though.

[Silberman]

When bitcoin goes up, Alts go down.

When bitcoin goes down, Alts go down.

When Bitcoin price is stable flat line then Alts prices go in the green.

All above happens regardless of any Alt and regardless how good the road map is for that Alt.

So in summary just ignore this Alt speculation sub forum till bitcoin price stabilisation?

Or which altcoins are independant from bitcoin and the above statements?

Those are good rules of thumb the alts that do not follow those patterns most of the time are at a very specific time in their lives, for example when everything is green and a coin is in the red the reason may be that there are internal problems, and when everything is red and that coin is green that may be because there has been a new development on the coin, like an upgrade or being listed in a big exchange.

[Mahanton]

When bitcoin goes up, Alts go down.

When bitcoin goes down, Alts go down.

When Bitcoin price is stable flat line then Alts prices go in the green.

All above happens regardless of any Alt and regardless how good the road map is for that Alt.

So in summary just ignore this Alt speculation sub forum till bitcoin price stabilisation?

Or which altcoins are independant from bitcoin and the above statements?

Its all random and theres no fix correlation with bitcoins price into alts price because there are instances on where price do go even on any situation.Alts would go with the flow and some would really go on its directions which means it doesn't really depend but seeing on common situation on where prices of bitcoin surges up its already normal to see that Alts go on reds because people are switching out to btc.

[Silberman]

When bitcoin goes up, Alts go down.

When bitcoin goes down, Alts go down.

When Bitcoin price is stable flat line then Alts prices go in the green.

I know it's all speculation but isn't it possible for bitcoin AND alts to go up?

Yes but at the same time you need to understand the next, both alts and bitcoin can go up in cash but alts and bitcoin cannot go up at the same time when compared to each other, if bitcoin grows faster than alts even if alts are growing against cash they are losing ground against bitcoin and if the opposite happens then alts gain ground against bitcoin.