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Author Topic: Bitcoin is down, Altcoin is UP !!  (Read 611 times)
adiebitsler
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June 11, 2018, 02:13:42 PM
 #21

all there is time to go up and down, now bitcoin still in testing but surely later will slide back Smiley

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June 11, 2018, 02:13:59 PM
 #22

Altcoin too strong in this time, maybe bitcoin need some rest and will be bulish soon maybe.
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June 11, 2018, 02:51:20 PM
 #23

I don't know what you are talking about man because what I am seeing is a red market where all the coins including Bitcoin and the altcoins are in red. This might be due to the recent hack on Coinrail. Most of the coins have decreased by more than 5% and I don't see any Altcoin in green. The BTC dominance is still there in the market which is why it is still on the top and I prefer it to remain the same way.

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June 11, 2018, 03:01:55 PM
 #24

For now, most altcoins are still affected by price of bitcoin. Only just now that I had really observed, Litecoin cash stand on its own while most of the other coins and tokens falll by close to 10-20% or so.

Litecoin cash is undervalue and it shows that the new altcoins with better technology, are in time, unaffected by the bitcoin raise or fall.

But we like to ride the wave when bitcoin rise, so sometimes we have to accept it when it falls.
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June 11, 2018, 03:05:59 PM
 #25

bitcoin still dominates the market, the falling market is commonplace and this is due to the hacking of an exchange in korea. this decline is a natural thing and will not affect the growth of bitcoin in the future.
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June 11, 2018, 03:06:58 PM
 #26

bitcoin price under 7000  . i think price of ethereum must be under 400 usd .
if bitcoin fall to 5000 . How much will be price of eth ?
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June 11, 2018, 03:09:26 PM
 #27

Wow is this really true? I have seeing crypto market now with the marketcap volume and there is a major fall down on bitcoin. it reach to 6K again and it is so hard to identify if we will going to invest again or not. People could expect also like just because of the recent happenings and that is a major rollback with bitcoin market price. So altcoin could go higher than bitcon depending on its use and demand.
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June 11, 2018, 03:12:22 PM
 #28

I would not really rely so much on someone who is a centralized freak with a fishy project's word. We may say some of the altcoins get beaten badly by the movement of bitcoin, but simply because they have no support and all that they are is just nothing but speculative coins with no products and it is obvious that those with huge support and products are doing pretty well till date when compared to historical price, since they are not just some pump and dump shit coins. Except for few, most of the coins in the market are shit coins with no real community or value, so putting the whole thing on bitcoin's dominance is absurd.
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June 11, 2018, 03:13:44 PM
 #29

I don't believe in any prediction from any people anymore especially predictions of famous people in this world Smiley). It'll be fine if you're a just a normal guy but famous people's predictions will affect to crypto market so hard. Beside, I only believe in what I can see so I don't care if these predictions will come true or not Smiley.


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June 11, 2018, 03:19:24 PM
 #30

It is true that many new cryptocurrencies are trying to surpass Bitcoin, but why haven't any tokens ever surpassed Bitcoin? Because these tokens lack practical application and they are used in too few ways, they cannot even buy a bottle of water. This is the key to their inability to go beyond Bitcoin!
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June 11, 2018, 03:25:50 PM
 #31

Recently, very often it turns out that bitcoin prices are manipulated in a strange way, therefore it is not necessary to say that the bitcoin schedule can be explained thanks to the analysis, for example, now everything is strangely falling.
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June 11, 2018, 03:26:29 PM
 #32

I'm not sure about this. Bitcoin is the mother of all cryptocurrency. If the bitcoin fails then the other coin will fall.
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June 11, 2018, 03:30:27 PM
 #33

I think bitcoin will not go below 6k$. Maybe some altcoins are up but if we look at last 30 days they are not so much grow. Anyway i think bitcoin will be at least at 10k in the next months.
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June 11, 2018, 03:34:09 PM
 #34

bitcoin still dominates the market, the falling market is commonplace and this is due to the hacking of an exchange in korea. this decline is a natural thing and will not affect the growth of bitcoin in the future.
Agreed. Now do not look at the decline, to some extent it is artificial. Cryptocurrencies are more like rat races, where all tokens run forward. This is not an ordinary currency market, where currencies are developing endlessly.

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June 11, 2018, 03:37:21 PM
 #35

Bitcoin is down and most altcoins are down too.
their USD value also falls.
once bitcoin down, all over the market price are affected.
and that is the reality.
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June 11, 2018, 03:39:08 PM
 #36

According to Ripple's CEO, Brad Garlinghouse, the Bitcoin dominance is expected to end soon.
He actually said : '' There is a very strong correlation between the price of XRP and that of Bitcoin. But these are essentially independent open-source technologies. »
The man is convinced that we are now witnessing the emergence of a much more rational market. As a result, the behaviour of investors will be permanently altered, which will lead to a devaluation of Bitcoin. Therefore, it will no longer serve as a reference to other crypto-currencies.
Hope he's right Smiley
For me i Believe the other way around, if bitcoin will continue to go a downhill trend so as other altcoind will follow in the long run. Yes intially i think the altcoin will rise in the fall of bitcoin because investors will seek another alternative investments but surely if the mother of all cryptocurrency will degrade i believe all the more the reason that other altcoins will follow the same lead.
I agree with your statement that ultimately altcoin will follow the bitcoin movement. When the bitcoin price drops, the price of some altcoin rises but in a short time, then it will come back down trailing against bitcoin.
Until every altcoin will have its own pair and altcoin will never gonna be independent. In fact that CEO of ripple has been creating so many joke everytime. Ripple foundation was supporting the regulators to create very strict regulation. All of things are following bitcoin right now.

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June 11, 2018, 03:39:22 PM
 #37

Investors always have common sense. Now they are buying bitcoin at cheap prices and buying altcoin with bitcoin at a cheap price. This will make the altcoin price better
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June 11, 2018, 03:51:38 PM
 #38

bitcoin price under 7000  . i think price of ethereum must be under 400 usd .
if bitcoin fall to 5000 . How much will be price of eth ?
It is hard for BTC to cost $ 5000. But if btc is 5k, I think eth will cost ~ $ 280. The market still depends on bitcoin
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June 11, 2018, 04:43:23 PM
 #39

bitcoin dominance is down considerably compared to January 2018, whereas altcoin has increased sharply, this is because investors prefer investments in altcoin, and until now I myself do not know what the reason

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June 11, 2018, 04:54:10 PM
 #40

I believe that alt coins are growing fast with its own mood. But I think always there are some connection between bitcoin and alt coins price. If the dependency of alt coins on bitcoin reduce, it will happen undoubtedly. But my opinion is that it will take more time to be so.
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