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Author Topic: bitcoin and altcoin  (Read 2871 times)
andjd (OP)
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February 20, 2018, 09:49:24 PM
 #1

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=)
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February 20, 2018, 10:14:22 PM
 #2

If you look back at previous market trends, when bitcoin is marking strong positive gains then the Alt market stays stagnant or possibly even declines. This is because money pours into bitcoin in order to make the short term gains that a strong move offers. There was a very big move out of alts and into bitcoin leading up to the bitcoin gold fork. Then when bitcoin was rocketing in Nov & Dec 17 alt coins were bleeding satoshis as everyone wanted in on the parabolic movement of bitcoin. Then when bitcoin starts to consolidate money pours into alt coins and they start making big moves. This happened around mid Dec 2017.

I think that bitcoin taking such a hit has dulled faith for the fringes of investors and it will take some time in the green to see that money coming back into the crypto market.

In short - When bitcoin starts to move sideways load up on the alts because they will start to rocket.

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February 20, 2018, 10:41:48 PM
 #3

I'm in this world from a recent time but I have understand one thing, Bitcoin is the Leader of coins.
IF Bitcoin goes +100% all market will rise, if Bitcoin does -50% all market will crush.
IF (put random name) coin does +100% market will be stable.

So yeah when bitcoin increase the value of almost everycoin will increase!
Also remember good news can change the market, today we got almost a confirm for SouthKorea will not ban Bitcoin (probably bitcoin will gain, also altcoin)

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February 20, 2018, 11:06:42 PM
 #4

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
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February 20, 2018, 11:16:24 PM
 #5

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=)

altcoin need bitcoin price high, and stabe price
if bitcoin price is high, and stabe all altcoin can the moon
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February 20, 2018, 11:21:18 PM
 #6

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=)

Previously, when bitcoin skyrocketed altcoins declines. But during the December peak, bitcoin market flourished so I don't agree that the trend follow bitcoin. Times has changed now, no more altcoin is down because bitcoin is going up.

We have set of new buyers willing to go in any time now. Plus most investors are really for the long haul that's why I don't see any movement of funds going to bitcoin to altcoin or vice versa.

So even if bitcoin goes up, chances are some altcoins specially in the top ten will go up as well, from my own view.

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February 20, 2018, 11:35:22 PM
 #7

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=)

With a few exceptions, altcoins largely trade in lockstep with Bitcoin. When Bitcoin is thriving, alts are thriving. When Bitcoin is crashing, alts are crashing. This may be because so much of the trading volume of alts is denominated in Bitcoin, so market cap as a function of trading volume by definition means that the value of alts falls as Bitcoin falls. However, it is also likely that when money flees Bitcoin, it also flees altcoins and isn't solely a function of being denominated in btc.

andjd (OP)
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February 20, 2018, 11:47:43 PM
 #8

thank's everibody fot the answers, it's really important for me understand the market's movement, everything changes quickly, and being caught unprepared is a risk that can not be rushed
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July 07, 2018, 06:01:52 PM
 #9

There is a lot of difference between bitcoin and another coin. bitcin above all the coin. All the coin's price depends on this bitcoin
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July 07, 2018, 09:47:10 PM
 #10

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
Both Bitcoin and altcoin have their own strengths and weaknesses and I think that if possible investors should invest in both to reduce the risk and increase profits. Bitcoins are usually less risky because they have the greatest stability and community, but the profits are not so great, while altcoin investments are riskier because they do not have a large enough population but opportunities to get a huge profit.
nickwen
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July 07, 2018, 09:52:13 PM
 #11

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=)
Investors are selling altcoin to invest in Bitcoin. Just like in 2017, when the price of Bitcoin increases, the price of altcoin drops. And when the price of Bitcoin drops, the price of altcoin increases
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July 07, 2018, 09:57:20 PM
 #12

Now all the coins are falling in price.
We're on the weekend and take notice of that it can be another coincidence that during these days, the market starts to become red. It's on red but it doesn't mean it's falling, bitcoin was $6,600 yesterday and right now it's red but the price is still the same. And I don't think that this will lead the market to fail for the upcoming months, we are in a speculative market and what everyone speculates by the end of the year is we're going to be healthier than these past months.



 

 

 

 

 

 


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July 07, 2018, 10:31:25 PM
 #13

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=)
For me altcoin and bitcoin are almost the same, when the price of bitcoin increase altcoin price will high too, because altcoins are made in bitcoin blockchain,dont worry when the price gets down actually its a opportunity to buy more and hold until the price increase again.

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July 07, 2018, 10:45:41 PM
 #14

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=)

If you can really see through everything from the early stage then you might see that all of the coins have grown already and would grow even further after this small dip.
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July 07, 2018, 10:56:12 PM
 #15

At the moment I think I should invest in bitcoin. At present the market is going down so much so investing in bitcoin will be a safe choice.
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July 08, 2018, 02:32:39 AM
 #16

There is a lot of difference between bitcoin and another coin. bitcin above all the coin. All the coin's price depends on this bitcoin
I really agree with you, altcoin follow bitcoin price.
if bitcoin rises automatically then altcoin will also go up. and vice versa.
so the price determinant of crypto coin is BITCOIN. it all depends on bitcoin.
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July 08, 2018, 02:47:20 AM
 #17

altcoin was born after the bitcoin they developed based on the platform and application of bitcoin technology they have some improvement points than bitcoin in some certain aspects
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July 08, 2018, 04:37:27 AM
 #18

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.

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July 08, 2018, 05:43:56 AM
 #19

At the moment I think I should invest in bitcoin. At present the market is going down so much so investing in bitcoin will be a safe choice.

That’s a good decision for you to take the safer path in investing to bitcoin and not in altcoin as a starter.. But look for ethereum or any alternative cryptocurrency that has potential or have supports that is huge enough that will ensure your profits..

The market now is slightly higher than a week before and the probability of its bull run will slowly coming..

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July 08, 2018, 05:51:51 AM
 #20

Bitcoin and altcoin both are good for investment, the price of bitcoin will affect the price of altccoin also. At present investing in bitcoin is very good. Now the price starts to increase so we expect the price of some altcoins also increase. Not all altcoins fall but some have growth due to rise of bitcoin price. Today the market is in green the price of bitcoin increase little. If this rise will continue its very happy for bitcoin users.
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