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Author Topic: bitcoin down, altcoin rise. why?  (Read 1629 times)
Jansaa
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July 12, 2018, 02:58:02 PM
 #161

I'm not sure the cause, but it's partly due to short-term investors! Create surge in prices to earn money difference! Not all!
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July 12, 2018, 03:17:11 PM
 #162

Altcoin and bitcoin price in trading is independent from one another. In trading principle, there will be a price hike when you sell the coin in higher price than the last trading that took place with that particular coin and someone bought it. So the up and down of market value depend on the last trading price.
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July 12, 2018, 03:21:10 PM
 #163

While BTC going down, some altcoins can have good development, which makes it rise. Also once BTC going down, people are selling BTC or in this case trading for some alts.
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July 12, 2018, 03:24:26 PM
 #164

I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.

but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
 
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!

This just shows how volatile tye market is. Usually when bitcoin price goes down alt coins follow suit. But not always. Some alt coins either remain the same and some alt coins rise. So some may be lucky and make a big profit when this happens

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regnidorhcs
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July 12, 2018, 04:23:35 PM
 #165

Well my take on this is simple, law of demand and supply. I understand that most of the alt coins would have a directly proportional effect from Bitcoin market activity, but there are still some instance that even if Bitcoin is down there are some alt coins that rises up. I think it is all about the interest of the people, remember, alt coins and bitcoins are trade-able. so if Bitcoin is down, it could be that the interest of people is decreasing, meaning lower demand, people are selling their Bitcoins, price is going down. While on alt coin, some one is buying these coins, so the demand is increasing therefore the price is going up even if Bitcoin's price is going the other direction.

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saruxanyan
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July 12, 2018, 04:40:28 PM
 #166

In fact, everything is very simple! already said about this very much! I will add only my vision! when bitcoin grows slowly, then everything else grows with it! if the growth of bitcoin is very sharp, it means that the capital is being poured into it, and then all the other coins are falling! and if it falls slowly in a stable market, then money is poured into other crypto coins! but now it's not at all clear what is happening to the market! traders are constantly pouring their money to keep at a maximum when the market falls and make a profit!
chidrawarster
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July 12, 2018, 04:45:53 PM
 #167

I have seen most of the times whenever btc falls most of the altcoins also fall, only some majors dont fall that much ,may be due to some demand in the market.I have also seen btc when rises at that time also some altcoins do not rise ,again its the same reason, demand comes in the picture.I would suggest due to pairing exchange the demand of btc sometimes falls but most of the times its only bullish.

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July 15, 2018, 04:32:28 AM
 #168

bitcoin down means altcoins down. What you are confused with this is the fact that some small random altcoins can be pumped even in a downward trend. It's just a pumper that pumps some shitcoin that you do not even hear the name before they pump it. Whenever an altcoin increases its price, it means that many people are buying that altcoin in exchange for some other token, so this means that bitcoin is being traded for other çoins that reduce the bridge bitcoin, but instead of increasing the demand for that coin.
A Feeder
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July 20, 2018, 02:28:01 PM
 #169

The price is normally changing even it's bitcoin and altcoin no one will know if when it happen. Not everytime the price of bitcoin is on down sometimes it's get up and not all the time altcoins is on the rise sometimes is down, the price is randomly changing don't be afraid if that case is happens because is normal.
Dadaro
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July 20, 2018, 02:53:36 PM
 #170

in many cases when bitcoin goes down, the altcoin also goes down. but sometimes altcoins goes up. one of the reason is that there is good news came out from that particular altcoin, e.g. some updates, new investor and many more.
chikading2016
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July 20, 2018, 02:58:54 PM
 #171

The price is normally changing even it's bitcoin and altcoin no one will know if when it happen. Not everytime the price of bitcoin is on down sometimes it's get up and not all the time altcoins is on the rise sometimes is down, the price is randomly changing don't be afraid if that case is happens because is normal.
Yes I agree on that, everycoin depends on the volume of the investinvestors. So we cannot really predict what is really the exact coin to rise up high, because we cannot also predict the volume of the investors that may invest on crypto. The price is always changing it is not stable and anytime it may rise or maybe fall.

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July 20, 2018, 03:10:14 PM
 #172

Because the capital in Bitcoin flow in Altcoin. In this case the volume of the market is not variable but the price of Bitcoin is down and the price of Altcoin is rise. It also let our know that expectation of investor that Altcoin is better Bitcoin at that time.
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July 20, 2018, 03:14:47 PM
 #173

The price is normally changing even it's bitcoin and altcoin no one will know if when it happen. Not everytime the price of bitcoin is on down sometimes it's get up and not all the time altcoins is on the rise sometimes is down, the price is randomly changing don't be afraid if that case is happens because is normal.

Yeah that's normal, don't think that everytime the price of bitcoin increase means that altcoin will increase too and if bitcoin falling down altcoin will falling down too, it's not always same happen, just be thankful when your coin will increase.

dutchkay
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July 20, 2018, 03:50:56 PM
 #174

Since my days in cryptocurrency Altcoins have been loyal to bitcoin and it dictates the market movement for all cryptocurrency. If bitcoin rises altcoins bleads, if bitcoin falls, altcoin falls then if bitcoin becomes steady that is when altcoins tends to rise. Though some altcoins tends to do their things without being bothered about bitcoin, but just few of them.
reighbut2017
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July 20, 2018, 03:57:08 PM
 #175

I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.

but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
 
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!

I think not and since i was started last year im always observed that some altcoins are dependent in bitcoins market value because once bitcoin will rise some altcoins are also rising but when the bitcoin is decreasing some altcoins are also decreasing its market value.
sublime5447
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July 21, 2018, 07:28:09 PM
 #176

I don’t think so because when bitcoin falls then altcoin will also fall and coins below of altcoin won’t have selling price. As far as I know when bitcoin’s price increase then so does altcoin and vice versa, there’s no altcoin that doesn’t fall when this bitcoin’s price falls too.
teamspike911
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July 21, 2018, 07:49:43 PM
 #177

Well, I would not say that Altkoins are growing in price. They go foot in step with bitcoin. If something happens to this, then the remaining crypto-currencies will follow bitcoin
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July 21, 2018, 07:52:26 PM
 #178

Individuals presently substitutes bitcoin with altcoins ,consequently you will see them offering their bitcoins for altcoins that is important. While normally bitcoin fall ought to bring different coins down,these altcoins that have merchants purchasing wind up more grounded rather.
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July 21, 2018, 08:01:57 PM
 #179

Of course it is because two of them is different currency, maybe alt coin prices raise first because bitcoin but actually they individually increase/decrease their prices. It is like fiat currency when dollar prices increase/decrease do you think other currency will increase/decrease too ?
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July 21, 2018, 09:21:56 PM
 #180

It's hard to see altcoins mooning when btc is, and when btc dump altcoins moon because all btc is convert to altcoin and that gives chance to altcoin to moon while BTC dump, because investors will not want to loss the value in btc instead gain some more by investing in alts go double their btc value.
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