bitcoin and altcoin

[bachus]

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=)

And this is amazing because we all anticipated that our alternative cryptocurrency portfolio would gain few times, and it appears to be falling and falling I have already lost more than 50% of the things I had, if I would sell off course.

[1714615189]

1714615189

[pendekar cinta]

I think traders tend to take advantage of the existence of bitcoin as a means of income so that altcoin can not experience rapid development and the exchange rate tends to decline in a relatively long period.

[ricardobs]

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=)

Bitcoin has been moving slow and every month or two we see a little increase as it jumps from a thousand market price to another thousand, just like it did now by going from $6ooo to $7ooo+. We don’t know if this year is going to be the same as of last year, we don’t know if price is going to rise or fall, this market is just unpredictable and all people can do is to guess what the price is likely to be and not what it will be exactly. And we all already know that there is a higher chance for price to go up before the end of the year.

[Menawi12]

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=)

Good altcoin must be success in market and peoples must be investing their money on this project. Bitcoin dominant right now at 47.4% and I think altcoin have big space to grow but i am believe its need more time

[likerseld]

I think traders tend to take advantage of the existence of bitcoin as a means of income so that altcoin can not experience rapid development and the exchange rate tends to decline in a relatively long period.

When there are lots of people doing the same thing others are likely to join them too. You already know that majority carries the vote in this kind of thing, when many withdraws m, the rest will lose and when many invest the price will go grow. And traders tend to switch to Bitcoin when the price is about to grow, they will all just dump altcoins and go for BTC which is why altcoins tends to decrease in price when BTC is rising.

[Delmore]

the development of altcoins or their derivatives has been overwhelming, namely new tokens and ICOs whose manifestations vary according to fields but upgrading from bitcoin itself is still relatively minimal but from both prices bitcoin still dominates and is fairly stable

Bitcoin have more value than alt coins. It might be possible due to the decreasing of bitcoin price people start investing in alt coins which case other coins start rising.Now bitcoin is pumping people leaving alt and buying bitcoins.

[valentine401]

I think traders tend to take advantage of the existence of bitcoin as a means of income so that altcoin can not experience rapid development and the exchange rate tends to decline in a relatively long period.

Most people who are well knowledgeable about how the cryptocurrency works are those people who can take advantage about the market situation right now but those new in this industry will probably lose their coins due to panicking.

[ss890]

the development of altcoins or their derivatives has been overwhelming, namely new tokens and ICOs whose manifestations vary according to fields but upgrading from bitcoin itself is still relatively minimal but from both prices bitcoin still dominates and is fairly stable

Indeed there is no way to keep an altcoin on top position as compared to the bitcoin. Bitcoin was first and whatever came out later on was just copy of few codes and new ideas. However most of them came out as money making machine coins, some of them came as idea which eventually dropped out of the market and now some of them are there with huge market just because many more other coins are being coded on them.
So altcoins can be weaker at anytime and thats why choosing bitcoin gives me more reasons.

[semimall]

generally altcoins follow bitcoin. the dominant character of the market is bitcoins. I think that is why bitcoin gives confidence to the crypto money world.

[tdtduy]

crypto market is like a chain, they have dependency on one another, bitcoin and altcoin although different blockchain but the market clan between the two cover up between up and down fill the movement of market dynamics

Right. Based on the same Blockchain technology, the nature of Bitcoin and altcoin formation is similar. But an electronic currency has different functions. Therefore, the value of Bitcoin and Altcoin should not be compared. Each currency has different values ​​and meanings. But nowadays, the trend of investors is towards the new altcoin formed. Perhaps they think it is more profitable.

[Rizky Aditya]

the development of altcoins or their derivatives has been overwhelming, namely new tokens and ICOs whose manifestations vary according to fields but upgrading from bitcoin itself is still relatively minimal but from both prices bitcoin still dominates and is fairly stable

Bitcoin have more value than alt coins. It might be possible due to the decreasing of bitcoin price people start investing in alt coins which case other coins start rising.Now bitcoin is pumping people leaving alt and buying bitcoins.

Yes it is common when people realize that bitcoin price is trading stable they divert their investment from bitcoin to some other places, but I think that in currency time bitcoin price is already trading low therefore I do not think that they going to withdraw their investment from bitcoin and put it in some other altcoin, because bitcoin price is already trading low.

[IGP50]

Most people try to compare altcoins to Bitcoin and they begin to analyze how rises in Bitcoin price affects altcoins. I  have come to realize that increase in bitcoin price positively affects the alts on the market.

[Delmore]

the development of altcoins or their derivatives has been overwhelming, namely new tokens and ICOs whose manifestations vary according to fields but upgrading from bitcoin itself is still relatively minimal but from both prices bitcoin still dominates and is fairly stable

Since crypto currencies are same as stock market more we buy more the market increase and effect its price.There's no difference between bitcoin and alt coin's price its depends which coin we buy.

[recklessMe]

Bitcoin and altcoin may affect each other’s price sometimes. But not each time. Actually, there are way more than one reason which may change it.
For example: significant investments in some particular currency; approval/prohibition by the government; software updates; the influence of media. So we always need to be careful and watch the charts.

[Salala1]

I like to deal with bitcoin and stellar coin. I started with the investment into these coins not long ago and I have made a whole lot of projects from this investment. I am currently planning to diverse into other alts so as to get more profit in the latter days ahead. 

[Goodday]

I think the altcoin cryptocurrency must be made to have in common with bitcoin which must be remembered here is that the most important bitcoin role in cryptocurrency is like altcoin like precious metals that can be exchanged in the form of bitcoin.

[andika2018]

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=)

Many amount different coin in market right now and its more than 1600 different coin/token. I am believe there will be many coin/token not able to survive in market because too many choice to invest. Most investor must be looking on 200 top coin in market and good altcoin with working product. Most altcoin right now drop more than 90% from highest price but if that altcoin have good product, i am believe that altcoin will recover the price

[Dider77]

Altcoin right now drop more than 90% from highest price but if that altcoin have good product, i am believe that altcoin will recover the price.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.

[19Nov16]

Bitcoin is the first crypto so it is always a price reference for all altcoins, it must be admitted that the thing that makes bitcoin grow rapidly is because of altcoins, crypto trading certainly requires each other namely bitcoin and altcoins.

[alizalela7]

altcoin was born after bitcoin but altcoin has many improvements and they are based on the basis of bitcoin and blockchain technology and they are being invested by investors.