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Author Topic: why is bitcoin increase much more than altcoins?  (Read 177 times)
DAN29
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March 02, 2018, 06:41:09 AM
 #21

Because altcoin is just an alternative for bitcoin. Means it has less price than bitcoin. Btc is the first crypto tho.
guneytasyurek (OP)
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March 02, 2018, 07:29:26 AM
 #22

you are asking two different question without knowing it.
one is about bitcoin price rise and another is about what people call dominance by mistake.

regarding price rise you should know that bitcoin rises more and it is a solid rise because it has real usage. it is the biggest coin which has actual "currency usage in real world" and altcoins lack this important factor. and thanks to that bitcoin's adoption increases so its price increases more and has no permanent drops while altcoins get pumped and when they are dumped it is usually a permanent price loss.

regarding what they call "dominance" you should know that it is simply a false factor called market cap. and total market cap was mainly bloated thanks to creation of hundreds of altcoins and tokens in the past couple of months and also huge pumps of all coins specially big ones like ripple and ethereum which bloated the total marketcap and decreases the share of bitcoin. these 2 caused the drop to 40% or whatever % you saw and now that they both are going away the % is rising back up again.
in any case it has nothing to do with "dominance".
[/quot
Thanks ,  as i observe when bitcoin rise all alts rise as well , but in this 2 week bitcoin rise so much alts almost remain same most of them decreased a lot even lower price than big crash.
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March 02, 2018, 10:18:26 PM
 #23

Because altcoin is just an alternative for bitcoin. Means it has less price than bitcoin. Btc is the first crypto tho.
Btc is the first crypto and it is the most invested by users because of the capabality to grow bigger its value. Once bitcoin rise altcoins follow it might up or down. The demand of bitcoin is bigger than altcoins as this is why prices for bitcoin is increase.
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March 02, 2018, 10:37:45 PM
 #24

Because Bitcoin is the king of all crypto, and it is the first coin. Many people know about bitcoin via online, tv, newspaper, media etc. And most media pundit mention bitcoin, whenever they talk about crypto, so people got familiar with it, so if they buy any coin it has to be bitcoin.

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March 02, 2018, 10:45:07 PM
 #25

Guys
I just wanted to discuss topic  about the price after crash . Before crash bitcoin dominance was 34 percent  but now 40 percent . I was thinking as long as bitcoin increase altcoins will rise up as well however it doesnt happened exactly ,when bitcoin falls altcoin falls down moreand more  but in opposite doesn't increase as much as bitcoin.
Not exactly like that when the bitcoin has started to move most of the investors are pulling out their money from the altcoins causing the altcoins to bleed,they are doing these to be safe when bitcoin has started to move because when bitcoin's price has move regardless up or downwards the altcoins will bleed,when the bitcoin has gone sideways the altcoins will grow.

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March 02, 2018, 10:54:32 PM
 #26

Bitcoin is more dominant in the market,altcoins are mostly being paired to bitcoin that is why if the bitcoin will be moving that main logic with the people is to get out with the altcoins imemdiately so they can maximize bitcoin's price up ,or if the bitcoin is failing they will prevent big losses when they sold it and buy at the dips.

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March 02, 2018, 11:02:03 PM
 #27

Guys
I just wanted to discuss topic  about the price after crash . Before crash bitcoin dominance was 34 percent  but now 40 percent . I was thinking as long as bitcoin increase altcoins will rise up as well however it doesnt happened exactly ,when bitcoin falls altcoin falls down moreand more  but in opposite doesn't increase as much as bitcoin.

Its because bitcoin is much more stable compare to other coins and there are lots of bigtime investor in bitcoin than its competitors. When bitcoin rises up altcoin traders tend to leave or put altcoin on hiatus and focus only on bitcoin thus leaving a small percentage of traders trade altcoin.
You have a point that aside from its stability and a highest value,bitcoin was the greates of all time.This is the first crypto coin and a lot of people make rich because of what bitcoin can do to change our life.
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March 02, 2018, 11:03:25 PM
 #28

Guys
I just wanted to discuss topic  about the price after crash . Before crash bitcoin dominance was 34 percent  but now 40 percent . I was thinking as long as bitcoin increase altcoins will rise up as well however it doesnt happened exactly ,when bitcoin falls altcoin falls down moreand more  but in opposite doesn't increase as much as bitcoin.


it was because theres a lot of investors investing  for bitcoin. They invest a lots of money hoping to have it back doubled or triple or quadruple. Thats why the sudden rise of the value of bitcoin is much more faster than those other altcoins however if bitcoin goes down, most altcoins goes down to due to the fact that these altcoins were dependent to the bitcoin, because bitcoin is the leader of all altcoins and most exchanges needs bitcoin before rhey could become fiat or cryptocurrencies.
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March 02, 2018, 11:04:28 PM
 #29

Because bitcoin has a lot more investor than other Crypto, And I think it is more stable than others.

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March 02, 2018, 11:32:04 PM
 #30

Yes Bitcoin dominance is slowly coming back, last time people trying to look for profit with alt, so they sell their Bitcoin and buy alt, and that had caused the alt coins price to soar high, theoretically when you sell BTC to buy alt coins, the BTC price will go down and alt coin will go up


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March 02, 2018, 11:46:11 PM
 #31

As I see, Bitcoin is growing all the time. The price can be low or high, but finally it be profitable to hold it.
Other tokens may grow even faster than Bitcoin. But if its price falls down, altcoins struggle with it too.
... Yes that's true, bitcoin is growing faster than altcoin's value or the price, Because bitcoin is more stable and  popular than some altcoins. Based on market cap bitcoin is always at the top level and the next are altcoins. In my own opinion altcoins are always basing the capacity of bitcoin because bitcoin is the foundation of all crypto.
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March 02, 2018, 11:52:20 PM
 #32

I think the factor driving bitcoin to increase more than altcoin is the fact that it only have limited supply. The demmand is high but the supply is the same. So same volume of bitcoin circulates but more and more people are showing their interests and it gains more popularity.





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March 02, 2018, 11:56:14 PM
 #33

One simple thing to note is that Bitcoin's rates are much higher than altcoins, so it's far more cost-effective than altcoins. Secondly, altcoins are highly dependent on Ethererum while Bitcoin rates are not dependent on any crypto, so the bitcoin rate increases, altcoins decrease, and vice versa. Altcoins rate is likely to drop if the Etherum rate decreases, while the Bitcoin rate will always increase because it has only a limit of 21 million coins if it is reduced, then it is only temporary.

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March 03, 2018, 12:13:38 AM
 #34

The bitcoin increases much more than alt coins by volume  because bitcoin is the first crypt o currency and its market capital and the daily traded volume is considerably high.The bitcoins volume of transactions per day comparing to other alt coins are high
and its capital investment comparing to the alt coins are also considerably high.The features of bitcoin and the alt coin are more or less same.Bitcoin has developed its market confidence and more and more people are attracting to bitcoin such as traders and investors
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March 03, 2018, 12:18:53 AM
 #35

Because btc has the biggest volume on the market. And after the correction we see now bullish trend and this is great not only for btc and for many alt  Cheesy
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March 03, 2018, 12:22:52 AM
 #36

The old saying goes... When bitcoin rises, alts fall. When bitcoin falls, alts fall hard. So when do alts rise???

I think when bitcoin rises and finishes making its move into a stable price range, that's when the alts follow. Thus, bitcoin needs to find its next stable price range and sit there for a while before we see a surge in alts again.
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March 03, 2018, 05:15:51 AM
 #37

Bitcoin is stable coin and have a much more dominant market it has solid investors who are keen interested in bitcoins instead of  other coins btc rise with its own strength and alt coins rise with the help of btc, and the mood of investors because these are supporting coins.

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March 03, 2018, 05:22:28 AM
 #38

you are asking two different question without knowing it.
one is about bitcoin price rise and another is about what people call dominance by mistake.

regarding price rise you should know that bitcoin rises more and it is a solid rise because it has real usage. it is the biggest coin which has actual "currency usage in real world" and altcoins lack this important factor. and thanks to that bitcoin's adoption increases so its price increases more and has no permanent drops while altcoins get pumped and when they are dumped it is usually a permanent price loss.

regarding what they call "dominance" you should know that it is simply a false factor called market cap. and total market cap was mainly bloated thanks to creation of hundreds of altcoins and tokens in the past couple of months and also huge pumps of all coins specially big ones like ripple and ethereum which bloated the total marketcap and decreases the share of bitcoin. these 2 caused the drop to 40% or whatever % you saw and now that they both are going away the % is rising back up again.
in any case it has nothing to do with "dominance".
This makes sense and I agree with you partially. I agree that bitcoin value continues to rise in the long run as I expected thanks to its popularity and real world usage and will continue to rise thanks to new features like lightning network integration etc, but there are other altcoins that are quite popular and are being used actively in the real world like Ethereum, Ripple etc which goes to show that not all altcoins fall when bitcoin rises in the long run. This is the reason I feel that the popular altcoins like Ethereum etc will continue to surge in value in the long run no matter what.

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March 03, 2018, 05:23:12 AM
 #39

cause it has more established
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March 03, 2018, 05:32:44 AM
 #40

Guys
I just wanted to discuss topic  about the price after crash . Before crash bitcoin dominance was 34 percent  but now 40 percent . I was thinking as long as bitcoin increase altcoins will rise up as well however it doesnt happened exactly ,when bitcoin falls altcoin falls down moreand more  but in opposite doesn't increase as much as bitcoin.

i think bitcoin more user than altcoins. so is make bitcoin high volume in the market and increase high price
bitcoin high transactions than altcoins
many investor invest in the bitcoin than altcoins

 
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