tadpole_bitfrog
Member
Offline
Activity: 464
Merit: 10
|
|
November 15, 2018, 03:56:36 AM |
|
in these days bitcoin had a strong rise, but the other coins seem to be standing at the stake, is there a reason? do you think that the whole market can be resumed? or will most of the altcoins fail in these months? sorry for my english=)
It is the bad altcoins that will die. Potential altcoins will certainly have enough money to live through these harsh days. But I think this is a purge of the altcoins. The bad altcoins will die out. Then when the market was no longer the junk altcoins, it would be pumped easily.
|
|
|
|
Idrisu
|
|
November 15, 2018, 05:29:03 AM |
|
People see bitcoin as the face of cryptocurrencies and as such new investors find it as the first coin to invest in. Bitcoin do rise and others altcoins do fall due to the market conditions of the altcoins market. The ethereum that do pull them along is not doing well and therefore it has to keep other on slow also.
|
|
|
|
South Park
|
|
November 16, 2018, 05:55:55 PM |
|
I think that most altcoins follow the bitcoin trend. Alts are just following bitcoin's trend and if bitcoin tends to fall, alts will tend to fall too. Just like what happened few hours ago, the market crumbled and there's a massive dump that happened. Bitcoin affected all of them and is now starting to make the whole market bleeding. Knowing when the market can be stable again as before, no can do. Looking back when op asked the question, the market is falling including all of the alts. If altcoins were as innovative as they claim then they will not follow the price of bitcoin so closely and yet the evidence show to us that most coins even some of the most powerful and that have the most money invested in them are just a variation of the bitcoin code so the only reason that we have to invest in those coins is to try to make money with them and nothing more.
|
|
|
|
Koadharber
|
|
November 16, 2018, 08:45:05 PM |
|
I think that most altcoins follow the bitcoin trend. Alts are just following bitcoin's trend and if bitcoin tends to fall, alts will tend to fall too. Just like what happened few hours ago, the market crumbled and there's a massive dump that happened. Bitcoin affected all of them and is now starting to make the whole market bleeding. Knowing when the market can be stable again as before, no can do. Looking back when op asked the question, the market is falling including all of the alts. If altcoins were as innovative as they claim then they will not follow the price of bitcoin so closely and yet the evidence show to us that most coins even some of the most powerful and that have the most money invested in them are just a variation of the bitcoin code so the only reason that we have to invest in those coins is to try to make money with them and nothing more. Some of them would really oppose the trend on what bitcoin is taking but I agree on what you have said no matter where we would go we would able to see that alts will definitely follow on wheres bitcoin is heading. People or most investor do definitely do all sorts of things and ending up to store or accumulate bitcoin.
|
|
|
|
Andika23
Member
Offline
Activity: 269
Merit: 10
|
|
November 17, 2018, 01:32:19 AM |
|
The market is currently unstable, it can't be said what the altcoin price will be in the future, because by looking at the current BTC prices up and down, stay patient and hold if you have assets in bitcoin or altcoin, I am sure the period is not this stability it will end whether or not when and BTC and altcoin prices will rise again to reach the highest point.
|
|
|
|
DavidNiva
Newbie
Offline
Activity: 80
Merit: 0
|
|
November 17, 2018, 02:12:24 AM |
|
When the BTC rises, the price of altcoin against the BTC exchange rate will also fall. When the price of BTC falls, the price of altcoin will also drop sharply.
Bitcoin prices are the standard price of all altcoins, so it is common to understand that every time bitcoin will always be strong, because technology creates all Altcoin from the blockchain, which will always be related to the first bitcoin currency, so all coins will always be related to bitcoin. .
|
|
|
|
fangbian
Newbie
Offline
Activity: 32
Merit: 0
|
|
November 17, 2018, 02:57:16 AM |
|
When the BTC rises, the price of altcoin against the BTC exchange rate will also fall. When the price of BTC falls, the price of altcoin will also drop sharply.
Bitcoin prices are the standard price of all altcoins, so it is common to understand that every time bitcoin will always be strong, because technology creates all Altcoin from the blockchain, which will always be related to the first bitcoin currency, so all coins will always be related to bitcoin. . It is normal. Because bitcoin is the mother of altcoin. The price of altcoin will go up and down follow the price of bitcoin
|
|
|
|
Netnox
Legendary
Offline
Activity: 2044
Merit: 1008
|
|
November 17, 2018, 03:19:12 AM |
|
Most of the altcoins are down 90% from their peak valuations in 4th QTR 2017. Only a few cryptos have fared better and these include Ripple, Stellar and Ethereum. Others like Cardano and NEO have witnessed bloodbaths.
|
|
|
|
Cupomi
Newbie
Offline
Activity: 81
Merit: 0
|
|
November 17, 2018, 03:21:03 AM |
|
Bitcoin is easier to access and has more merchants, exchanges, hardware, and software to support it.Bitcoin is significantly more liquid, with a much larger market cap than any altcoin. It possesses the biggest developer ecosystem and attracts the majority of business people who create startups around it and put a lot of physical efforts, dedication, intellect, and creativity in order to make it better and more useful
bitcoin has a lot of advantages from altcoins, but for traders who like the challenge surely choose an altcoin that is still new, because with a small capital we can get a huge profit from the surge in new coin prices, but for long-time traders, certainly choose bitcoin even now there is rarely a spike in prices but prices are relatively more stable in trading, altcoin traders usually change their coins very quickly if they feel they are no longer profitable.
|
|
|
|
fauzan Ichsan
Full Member
Offline
Activity: 1246
Merit: 102
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
|
|
November 17, 2018, 03:34:46 AM |
|
Most of the altcoins are down 90% from their peak valuations in 4th QTR 2017. Only a few cryptos have fared better and these include Ripple, Stellar and Ethereum. Others like Cardano and NEO have witnessed bloodbaths.
indeed at that time both bitcoin or altcoin experienced many good developments. but at the end of this year all coins or altcoins suffered the same fate as well, there was a significant decline
|
|
|
|
qwertyup23
|
|
November 17, 2018, 04:21:18 AM |
|
in these days bitcoin had a strong rise, but the other coins seem to be standing at the stake, is there a reason? do you think that the whole market can be resumed? or will most of the altcoins fail in these months? sorry for my english=)
It depends on the status of cryptocurrencies in the market. In general, whenever the prices of bitcoin increase/decrease, the effect on the prices of altcoin is inversely related to bitcoin. But this is not always the case especially on some altcoins that are predominantly established and well-known in the market. The burden of checking their prices will be transferred to the investor in order to maximize profits and to prevent incurring losses. Most of the altcoins are down 90% from their peak valuations in 4th QTR 2017. Only a few cryptos have fared better and these include Ripple, Stellar and Ethereum. Others like Cardano and NEO have witnessed bloodbaths.
indeed at that time both bitcoin or altcoin experienced many good developments. but at the end of this year all coins or altcoins suffered the same fate as well, there was a significant decline Although there was a significant decline of their prices, I do not think that bitcoin price would fall lower than $6,000 since its price depends on mining. Everytime its price decreases to below $6,000, expect for its price to rise eventually.
|
|
|
|
Janation
|
|
November 17, 2018, 04:40:59 AM |
|
Most of the altcoins are down 90% from their peak valuations in 4th QTR 2017. Only a few cryptos have fared better and these include Ripple, Stellar and Ethereum. Others like Cardano and NEO have witnessed bloodbaths.
indeed at that time both bitcoin or altcoin experienced many good developments. but at the end of this year all coins or altcoins suffered the same fate as well, there was a significant decline That is life, we may be experiencing now the downs but eventually, we will be having the ups that we want to. As an investors, all we've got to do in these times to take advantage of the price dumps. It might not be that bad since there will come a time that the price will be pumping and it will be a great time for us. It is worth the wait as they say it. Just be patient, patience is a virtue and as an investor of a volatile crpytocurrency, we really need it.
|
|
|
|
chrisculanag
|
|
November 17, 2018, 04:47:16 AM |
|
Bitcoin is the big influential coin that can affect the price of the altcoins , some altcoins in market is depends in btc . But the best thing to do is to hold your assets and wait for the big pump of the bitcoin. I hope some of altcoins is like bitcoin that can price is to the moon , i think before or after this year bitcoin will rise again.
|
|
|
|
jojowar
Member
Offline
Activity: 378
Merit: 10
|
|
November 17, 2018, 05:19:46 AM |
|
Bitcoin has a strong rise because it is the first cryptocurrency and the most famous of them all. As you can see the market when bitcoin falls most of the altcoins also falls or when bitcoin rise the value of most of altcoins also rise.
|
|
|
|
Vishnu.Reang
|
|
November 17, 2018, 06:21:48 AM |
|
Bitcoin has a strong rise because it is the first cryptocurrency and the most famous of them all. As you can see the market when bitcoin falls most of the altcoins also falls or when bitcoin rise the value of most of altcoins also rise.
Even now most of the trading for the altcoins are in the form of Bitcoin vs alt. The volumes for fiat vs alt is rising, but with the exception of two or three major alts, this amount is much lower than that from the trade with respect to Bitcoin. So it is not very surprising that the exchange rates for altcoins remains closely inter-connected to that of BTC.
|
|
|
|
posi
|
|
November 17, 2018, 04:26:01 PM |
|
Most of the altcoins are down 90% from their peak valuations in 4th QTR 2017. Only a few cryptos have fared better and these include Ripple, Stellar and Ethereum. Others like Cardano and NEO have witnessed bloodbaths.
indeed at that time both bitcoin or altcoin experienced many good developments. but at the end of this year all coins or altcoins suffered the same fate as well, there was a significant decline Although there was a significant decline of their prices, I do not think that bitcoin price would fall lower than $6,000 since its price depends on mining. Everytime its price decreases to below $6,000, expect for its price to rise eventually. I will want you to know that is not about the issue of ones thought that will determine the bottom price of this year bitcoin market nor does the price depend on mining because if the mining are intact while there is not demand in the market the price will dump. What I am trying to point out is that everything both the mining, demand and supply status determine the price of the market. However, I want you to know that the bottom price of the market will be below $6000.
|
|
|
|
ongkok87
|
|
November 17, 2018, 05:05:40 PM |
|
When the BTC rises, the price of altcoin against the BTC exchange rate will also fall. When the price of BTC falls, the price of altcoin will also drop sharply.
Bitcoin prices are the standard price of all altcoins, so it is common to understand that every time bitcoin will always be strong, because technology creates all Altcoin from the blockchain, which will always be related to the first bitcoin currency, so all coins will always be related to bitcoin. . It is normal. Because bitcoin is the mother of altcoin. The price of altcoin will go up and down follow the price of bitcoin and until whenever if the price of bitcoin rises, of course altcoin will definitely follow, because bitcoin has a big impact on altcoin in terms of price because bitcoin has become a benchmark price for altcoins
|
|
|
|
indrakusumaindra
Full Member
Offline
Activity: 728
Merit: 101
The Standard Protocol - Solving Inflation
|
|
November 17, 2018, 05:38:41 PM |
|
in these days bitcoin had a strong rise, but the other coins seem to be standing at the stake, is there a reason? do you think that the whole market can be resumed? or will most of the altcoins fail in these months? sorry for my english=)
I believe the market price of all coins is determined by process and developement of the product. Many people think ripple is not good coins cause its just like a traditional bank and kind of like that but as i see ripple is one of good project which have a real product and do have a real partnership and seems like ripple are started to be big by partnering with big bank such as Bank CIMB from malaysia. I believe market will start resume when we do have a clear regulations regarding ICO and also real use of the product from altcoins company. I also believe in year 2019 we will see so many use of blockchain technology in many aspects of businesses, we do already see a good example of company using blockchain technology in their businesses for example the wallmart that using blockchain technology for supply chains.
|
|
|
|
Sirait
|
|
November 17, 2018, 05:46:00 PM |
|
I noticed that not all Altcoin prices depend on Bitcoin, there are some Altcoin whose prices are not influenced by Bitcoin. Altcoin and Bitcoin are actually very different but give us an advantage.. the most striking difference is the type of Blockchain used, Bitcoin has its own Blockchain while Altcoin is different too. Ethereum with Smart Contract and its own Blockchain offers something different from Bitcoin, as well as the price problem. so when the price of Bitcoin crashes or rises, don't worry too much because there are still Altcoins whose prices remain stable.
|
|
|
|
karanggatak
|
|
November 17, 2018, 06:00:45 PM |
|
the market will definitely continue, and the number of altcoin coins will increase every day. and at the moment I don't see a rise in bitcoin, so the state of bitcoin affects the market conditions and the majority of altcoins that don't increase for now. and I think there are a number of altcoins that have failed this year. even though the market situation is very boring, but the market continues. and I'm sure in the near future, the market will show an increase.
|
|
|
|
|