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Author Topic: Bitcoin price increasing,Altcoins price decreasing?  (Read 344 times)
zhekinsp (OP)
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December 07, 2017, 06:39:32 AM
 #1

The price of bitcoin reached it's new all time high of $14K just few hours from $12K,so this reflects in the price of altcoins,all altcoins facing price fall even ethereum and litecoin.When this bitcoin crazy run will end?or it is the end of altcoins?

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onetwostep
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December 07, 2017, 06:46:43 AM
 #2

It's just something today. there is not always the same thing.
When the time of altcoins comes, it will also rise. Everyone selling altcoin and gets bitcoin now.

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December 07, 2017, 07:20:52 AM
 #3

I exactly think the same. I shared my BTC to etc,eth,ltc. I lost %50 of my portfolio.. Waiting for increasing of them. Huh Huh
CryptoAlphaStar
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December 07, 2017, 07:27:10 AM
 #4

I am always amused with statements like "will it be the end for .....". No, nothing will come to an end soon in this field, save for the scammy coins that will be washed out by regulators anytime soon. Bye Bye Bitconnect.
cryptospear
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December 07, 2017, 07:34:20 AM
 #5

Thats the normal behavior of BTC and Alts,if the BTC price increases  or decreases the Alts are bleeding but if the BTC go sideways or stable the alts are getting pumps.

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louisMTV
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December 07, 2017, 07:42:51 AM
 #6

yres most of my alts are going down...
cryptocue
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December 07, 2017, 07:51:34 AM
 #7

Because thats how BTC works oever the alts,BTC increases or decreases the alts suffer,but if the BTC go sideways the alts rallies.

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December 07, 2017, 08:34:21 AM
 #8

Because thats how BTC works oever the alts,BTC increases or decreases the alts suffer,but if the BTC go sideways the alts rallies.

As long as altcoins are "pegged" to BTC we will always see a dependency on bitcoin price movement.
I don't like this. At some point Altcoins will rise when Bitcoin has sideway or downward movement.
Nevertheless I believe 2018 will be the year of Altcoin.
Bitcoin almost destroyed my whole portfolio in terms of the Bitcoin Value. It is just 1/3 of the value months ago. In terms of USD my portfolio value increased.
Since we are all depended on BTC this isn't a good outlook for me. So 2018 has to be our year!

toddy47
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December 07, 2017, 08:40:14 AM
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Bitcoin is out to murder at the moment. It will suck the life out of any Altcoin that gets in it's way.
Until investors believe it is better to put them money elsewhere, this will continue.

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December 07, 2017, 08:50:08 AM
 #10

There was I time, my Altcoin portfolio has lost more than 80% of its BTC value but thanks to BTX and DeepOnion recent price pump that help me to readjust the portfolio, I still think there is no need to panic if one is holding long term, this happens before and will not be the last, the money will flow back to Altcoins
Dr Leon
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December 07, 2017, 08:54:43 AM
 #11

Currently I was stucked with neo, but am not afraid because neo has a great potential, so it will surely rise, but my advice for all traders now is that they should not day trade instead buy altcoins at dip and hold.
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December 07, 2017, 09:06:07 AM
 #12

Currently I was stucked with neo, but am not afraid because neo has a great potential, so it will surely rise, but my advice for all traders now is that they should not day trade instead buy altcoins at dip and hold.

Yeah this is a good chance for the altcoin investors you can buy potential altcoins for cheap rate and invest on them in long term it will surely give us good profit for us.But some people telling that it will be the end of altcoins but I don't think so,the altcoin holders transferring into bitcoin for the free coin on fork maybe after the fork the scene will become normal.

Psalms23
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December 07, 2017, 09:36:38 AM
 #13

The price of bitcoin reached it's new all time high of $14K just few hours from $12K,so this reflects in the price of altcoins,all altcoins facing price fall even ethereum and litecoin.When this bitcoin crazy run will end?or it is the end of altcoins?

This is one of the advantage of bitcoin volatility. Altcoins will also rise for sure as what have been going on. Because a lot of people sold their altcoins to stock their wallets with bitcoin hence the prices of other coins tend to drop because of the current dump.
iram701
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December 07, 2017, 10:35:05 AM
 #14

so thats cryptocurrency world, when the bitcoin price is over the sky, the altcoin will getting dump, but if the bitcoin price has stable, the altcoin price will be stable too but look like get hard to be pumped again. the bitcoin is always lead cryptocurrency. really good time to invest in it.

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December 07, 2017, 10:39:48 AM
 #15

The price of bitcoin reached it's new all time high of $14K just few hours from $12K,so this reflects in the price of altcoins,all altcoins facing price fall even ethereum and litecoin.When this bitcoin crazy run will end?or it is the end of altcoins?

  Are you new to crypto? or are you feared about your investment in altcoin? that you are saying is this the end of crypto? You can see the pump and dump in crypto and this is the nature of this crypto to go up and down. Now a days you have seen that investors buying bitcoin heavy for good return and other side they are selling they altcoin for that. So nothing to worry altcoin will surge in a week or two.

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December 07, 2017, 10:40:56 AM
 #16

As you see market reaction to bitcoin and altcoins are always changing, but in overall bitcoin's raise is better. It means people are joining crypto party. If you are into strong alt, keep holding it it will be fixed.

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