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Author Topic: Bitcoin is down, all alts are up?  (Read 1019 times)
p i e c e (OP)
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November 14, 2017, 01:53:06 PM
 #1

Friends, I am curious, now, when Bitcoin is down, does it mean that all altcoins will grow? On November, 12 we saw the greatest jump of Bitcoin Cash. Is there a possibility the same will happen with other alts?
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November 14, 2017, 02:03:15 PM
 #2

Friends, I am curious, now, when Bitcoin is down, does it mean that all altcoins will grow? On November, 12 we saw the greatest jump of Bitcoin Cash. Is there a possibility the same will happen with other alts?
Usually that is the case, when one goes down the other goes up! Altcoins will eventually go up, especially with all this clash between BTC and BHC. BHC is getting pumped. Everyone see's the value of it rising in the past few days and everyone believes its on a good road but if we wait a little longer you will see the outcome of the dump. When the dumps happens thats when miners leave it. Altcoins will rise in value after this!

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November 14, 2017, 02:08:24 PM
 #3

Friends, I am curious, now, when Bitcoin is down, does it mean that all altcoins will grow? On November, 12 we saw the greatest jump of Bitcoin Cash. Is there a possibility the same will happen with other alts?
There is a probability that it will happen with other alts but it is very unlikely. BCH unlike any other altcoins is a forked version of btc being manipulated at that time to the greatest extent in order for the ones behind the pump and blockchain network attack to gain a hefty sum of profit. It ain't a mere coincidence that bitcoin cash jumped a lot, it is planned. Since it is set upped, it is very unlikely for any other coins to go as bullish as BCH next time the same thing happens.
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November 14, 2017, 02:09:19 PM
 #4

Friends, I am curious, now, when Bitcoin is down, does it mean that all altcoins will grow? On November, 12 we saw the greatest jump of Bitcoin Cash. Is there a possibility the same will happen with other alts?
Usually that is the case, when one goes down the other goes up! Altcoins will eventually go up, especially with all this clash between BTC and BHC. BHC is getting pumped. Everyone see's the value of it rising in the past few days and everyone believes its on a good road but if we wait a little longer you will see the outcome of the dump. When the dumps happens thats when miners leave it. Altcoins will rise in value after this!

The trend was different in the past. Bitcoin and others were able to go up all together. Then something happened after 1 august fork and the pattern changed dramatically. Generally, while bitcoin is going up, altcoins can't.
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November 14, 2017, 02:18:19 PM
 #5

maybe yes if we can see today, all coin is up, you can see that zxc is increase 20% in last 24 hours, ETH is increase 10%  in 24 hours, maybe we can make conclusion that if bitcoin price is down and stable other altcoin price will going up

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November 14, 2017, 02:21:41 PM
 #6

soon it will be.  and i believe market will be good for altcoin today . invest in eth and ETC both of this coin seems so promising this month. LTC and waves might be good to be consider too. in early december you can invest on BTC or BCH again cause there is rumor about next fork in december.

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November 14, 2017, 02:25:59 PM
 #7

There are only two ways to get out from dumping BTC. The first one is go back to fiat. The second one is to pour BTC to alt which you are confident in. Fees at the first case are much higher than at the second one. So many alts should rise soon.

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November 14, 2017, 02:27:26 PM
 #8

Main reason of BTC down is a abnormal growth in a short period of time. It will back soon to the normal figures.
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November 14, 2017, 02:29:35 PM
 #9

Friends, I am curious, now, when Bitcoin is down, does it mean that all altcoins will grow? On November, 12 we saw the greatest jump of Bitcoin Cash. Is there a possibility the same will happen with other alts?

You cannot say ALL Alotcoins will grow. Some do and some do not, but Bitcoin falling is usually a good indicator for Altcoins to gain some value. This does not apply to all of them as this is TOO Broad of a statement.
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November 14, 2017, 02:36:16 PM
 #10

Bitcoin isn't actually down but there's been price drop in the recent week due to some complicated reasons. That's a complicated situation for Bitcoin this month as Bitcoin Cash started to rise and other Altcoins. There's a shift happening in a large scale miners from Bitcoin into Bitcoin Cash so in this case, Bitcoin or cryptocurrency would likely be affected if there's another shifts is happening the future.

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November 14, 2017, 02:38:56 PM
 #11

Main reason of BTC down is a abnormal growth in a short period of time. It will back soon to the normal figures.

Everyone are hoping for Bitcoin rise back because of investments while Bitcoin is on a $6k mark today and may investors also are buying Bitcoin as value will soon rise and get back on track. recent weeks, experts predicted Bitcoin to reach $10k by the end of the year and $15k early next year.
Everyone hopes that Bitcoin will be back on track.

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November 14, 2017, 02:39:53 PM
 #12

Main reason of BTC down is a abnormal growth in a short period of time. It will back soon to the normal figures.
I agree with you the same thing as yesterday the btc price went down to start a new coin after the btc finished coin will soon be back at normal price. This is a good time to start trading on altcoin.
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November 14, 2017, 02:42:21 PM
 #13

Friends, I am curious, now, when Bitcoin is down, does it mean that all altcoins will grow? On November, 12 we saw the greatest jump of Bitcoin Cash. Is there a possibility the same will happen with other alts?
Yes most of the time when bitcoin is down most of the alts are down. However there are instances that when bitcoin is pumping some major alt coins are pumping too. Just like what happened with the bitcoin cash, it's like BCH vs alt coins+bitcoin and when bitcoin cash starts to get dumped. The investments flowed to all of the alt coins in the market and that made everyone rush to their respective alt coins and majority get backed to bitcoin.

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November 14, 2017, 02:45:40 PM
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 i do agree with you.when bitcoin price up all other coin going down and vice versa.so i think as bitcoin price went down,other coin has the change to rise up.
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November 14, 2017, 02:45:47 PM
 #15

There are only two ways to get out from dumping BTC. The first one is go back to fiat. The second one is to pour BTC to alt which you are confident in. Fees at the first case are much higher than at the second one. So many alts should rise soon.

Bitcoin's value will definitely over when vast majority of investors will dump their Bitcoins and invest them into Bitcoin Cash or other Altcoins. In this case, Bitcoin will be underrated and Altcoins will have to be the next Bitcoin. But I think there has to be ways to maintain Bitcoin as the number 1 most valued cryptocurrency in the world. But the fortune isn't limited only for Bitcoin, Altcoins has the potential to be the next Bitcoin and it's almost time for Bitcoin Cash to seat as the second most valuable cryptocurrency in the cryptoworld.

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November 14, 2017, 02:50:46 PM
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Probably yes, much altcoins is green and still growing. It is good information because you can buy bitcoin cheaper and sell your bought altcoins. Two profit in one
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November 14, 2017, 02:56:52 PM
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What I believe at first was if the bitcoin is down the altcoins up but when I saw the market last few days while the bitcoin is decreasing the altcoins are bleeding so my expectation failed because of what I believed before but now I am some sort of curious about it.

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November 14, 2017, 03:00:32 PM
 #18

 That is true , Because all alts is traded against BTC and it is totally normal . I had an alt coin that was worth $0.058 when BTC was $4500 and now  this alt is down a big % but it is still worth almost the same $0.058 in terms of $ . Alts in reality is not getting dumped when BTC up they are just adjusting to worth exactly what they should worth .

With all that said crypto world have no rules alts and BTC can pumped at same time and the other way around .
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November 14, 2017, 03:01:17 PM
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Friends, I am curious, now, when Bitcoin is down, does it mean that all altcoins will grow? On November, 12 we saw the greatest jump of Bitcoin Cash. Is there a possibility the same will happen with other alts?
This is expected because same money moves around. So anywhere there is honey, the bee goes.

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November 14, 2017, 03:04:26 PM
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Friends, I am curious, now, when Bitcoin is down, does it mean that all altcoins will grow? On November, 12 we saw the greatest jump of Bitcoin Cash. Is there a possibility the same will happen with other alts?
Usually that is the case, when one goes down the other goes up! Altcoins will eventually go up, especially with all this clash between BTC and BHC. BHC is getting pumped. Everyone see's the value of it rising in the past few days and everyone believes its on a good road but if we wait a little longer you will see the outcome of the dump. When the dumps happens thats when miners leave it. Altcoins will rise in value after this!
Anything is possible on this trading world on which every coin does really have a chance to pump but would really depend if there would be a plan for the community to pump such thing or any individuals that do have the power to pump such coin like whales or huge investors. Bitcoin and altcoin doesn't mean that they do have correlated prices anytime knowing that there are some instances on where its price being affected.

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