Raja_Salman
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August 15, 2018, 04:21:57 AM |
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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!
do we not know before starting to invest if one of the characteristics of the crypto currency price and its value is uncertain the price and value of the crypto currency is affected by the size of the demand and sales that occur
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Ngewex Yuk
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August 15, 2018, 04:36:08 AM |
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as long as I trade crypto, every bitcoin price drops does not always follow the price of altcoin going up, now if bitcoin goes down then altcoin also drops, maybe the cause is because bitcoin is widely used to exchange with altcoin in all markets
It can be said that bitcoin is the standard price of Altcoins, as long as I trade then when bitcoin prices drop automatically the altcoins value also drops because most of the price of altcoins is calculated by bitcoin and ETH.
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TIME TO SLEEP
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Ahimoth
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August 15, 2018, 04:45:43 AM |
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In my opinion, why can it happen like that! maybe another altcoin by raising so many people will choose coins that go up, so choose tricks like that! even though bitkoin is low!
Due toto market volatility it's just okat to experience this kind of events. Well we must remember that altcoin is also a promising system and we should expect it to do its part. On the case of bitcoin it's just a normal thing to experience and we just have to deal with it. Let's keep on using bitcoin to make it rise again.
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rollingstorm45
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August 15, 2018, 04:46:48 AM |
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when Bitcoin goes down, Altcoin doesn't necessarily go up, because the pair between BTC and USD is very much, usually an investor exchanges their BTC into USD to secure their assets when the market is bleeding, the thing that makes altcoins rise is, when there are many regulations on behalf of Cryptocurrency that have the possibility that prices will rise
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AliMan
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August 15, 2018, 04:49:41 AM |
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In my opinion, why can it happen like that! maybe another altcoin by raising so many people will choose coins that go up, so choose tricks like that! even though bitkoin is low!
We must expect this to happen since altcoin is also a good promising system. Maybe it's just a time for it to rise and as a bitcoin holder our duty is to battle it with dignity. Well on the case of bitcoin it just have to be use more effectively so that it will rise again. I think time will come that bitcoin will rise again from the mud.
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gunungkembar
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August 15, 2018, 04:54:55 AM |
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in my opinion that is not true because the condition of the bitcoin price falls, so the altcoin price will also fall when the price of bitcoin falls and the price of the altcoin rises, it will be used to conduct bitcoin shipping transactions and will be used to be able to look for success.
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Courtneyha
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August 15, 2018, 05:24:32 AM |
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Altcoin investment is relatively risky but if the BTC set a new and stable bottom, you can still choose to enter. Always follow the moves of the MOF to make their own decisions.
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jeffryluna
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August 15, 2018, 05:25:07 AM |
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Well apart from you actually use bitcoin to participate in an ICO or other 1st-2nd gen crypto currencies, people tend to always go and put money into what they believe in as the "NEXT" BTC. which to me is crazy but- no one knows. Since the rise of BTC to 20k last year there was a lot of fear of being left out going on so they'd have that mentality that, maybe just maybe-- this new thing is the next bitcoing. just my two cents.
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Pejoh Asu
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August 15, 2018, 05:39:06 AM |
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I am sure that the main factor that causes crypto prices to rise is that the price of bitcoin also rises, if the price of bitcoin falls but the price of altcoins rises then it is temporary pumping and will not continue.
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Turkish88
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August 15, 2018, 05:41:04 AM |
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This happens when peoples sell their bitcoins and invest this moneys to alctoins. Simple supply and demand
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Help to Ukrainian citizens ETH donations adress - 0xe23CB47AC32F0b8750d4D0Dd4e160Fa6F8fF30EF
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adjong
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August 15, 2018, 05:55:30 AM |
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for me at any time the altcoin will not increase until the bitcoin is above because even bitcoin bitcoin is not capable of altcoin bitcoin too. How else if the bitcoin increases sure the altcoin does not reach the bitcoin. altcoin does not reach bitcoin
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billy4u
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August 15, 2018, 06:17:37 AM |
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Bitcoin is being traded for altcoins because aside the fall in bitcoin which have made fragile investors panic, with few bitcoin one can get quantitative value of altcoins. So as their demand go higher, their value also increases.
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Ruffian1314
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August 15, 2018, 06:25:02 AM |
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Maybe your talking about the alt coins that are not very popular or in top 1000+ which can be pump by a few whales so thats why even though the bitcoin market is down, theres still some unknown altcoins pumping. But technically speaking, when bitcoin price is down then all altcoins will also be down.
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armarsterling7
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August 15, 2018, 06:30:09 AM |
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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!
The current Crypto market has changed the way it works. I think the market is following a new cycle and we need to look carefully before investing. The factors that make Bitcoin fall are bad news and manipulation. that is all that matters to it.
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cah ndablek
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August 15, 2018, 08:57:32 AM |
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When traders who invest in bitcoin begin to experience panic, they are likely to switch to other altcoins so with the increasing demand automatically able to boost the altcoin exchange rate and they can still create an advantage every time.
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AlexanderCoconut
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August 15, 2018, 09:20:00 AM |
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Everything is just a number. We've been hitting this support level since 2017 December, when enough people believe 6k is the bottom then that becomes self fulfilling prophecy.
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siddu1
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August 15, 2018, 03:22:52 PM |
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We know that, now crypto market number one bitcoin frice fall down. And altcoin grow up in this time, and this is a market situation. Market situation make this time and now, bitcoin down and altcoin rise. it's my opinion, you have some please reply.
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Shyanadi
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August 15, 2018, 03:24:29 PM |
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Just market is manipulating..nothing than that...it is normall
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gokudera
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August 15, 2018, 03:31:05 PM |
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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!
For me that is only coincidence because bitcoin and altcoin is not connected. That is nornal that the price of it will rise and other will drop it depends on their market.
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normal.80
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August 15, 2018, 03:36:48 PM |
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There's a simple explanation. When bitcoin to the bottom altcoin up, there is a overflow of money from bitcoin to altcoin. Now it all happens in the same order but only the opposite.
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