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Author Topic: The Alts are not overreacting to the Bitcoin pump!  (Read 350 times)
jamesashmore1964 (OP)
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July 04, 2018, 03:31:08 PM
Last edit: July 08, 2018, 05:45:39 AM by jamesashmore1964
 #1

This is my observation or am I dreaming!
Usually price hikes in Bitcoin have MORE positive price movements in ALTs: This time it is not playing out like that.
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CryptoRaymond
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July 06, 2018, 09:48:11 PM
 #2

If altcoins price move up more with the few upward of bitcoin price, it only happened for the demand and supply. If your thought is true, I think, demand of altcoins is less than previous. If demand rise, you will see the upside movement of altcoins more than bitcoin.
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July 06, 2018, 09:50:04 PM
 #3

I think people don't believe the alt season is right now, so they are waiting a new fall to make a huge buy.
Maybe in 2 months we will have another alt season !

I love XRP. XRP>BTC + DEDICACE A JULIEN le CROISE
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July 06, 2018, 09:52:42 PM
 #4

I believe that altcoins repeat bitcoin-the growth and fall in prices.
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July 06, 2018, 09:53:50 PM
 #5

I feel we are gradually getting to the time when altcoins will be be able to stand independent of bitcoins. I have seen situations where despite the downward movement of bitcoin, some altcoins are still moving uptrend.
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July 06, 2018, 09:58:02 PM
 #6

But bitcoin does not rise hard as well, the sudden increase in bitcoin's price is followed by little dumps, it can't even reach $7000 yet but I agree alts are very weak anymore.
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July 06, 2018, 09:58:54 PM
 #7

I think it's artificial increase of cryptocurrency price. Big players manipulate market with helping of futures. I don't see demand for crypto.

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July 06, 2018, 10:00:59 PM
 #8

This is my observation or am I dreaming!
Usually price hikes in Bitcoin have MORE positive price movements in ALTs: This time it is not playing out like that. This could have a negative impact on the Bitcoin price!
I could say more but I will leave it at that!

Do not be surprised
The price of altcoins can only hyke when there is a significant demand for the token
A pump occurs when demand is more than supply

But altcoins supply are more than the demands so probability of rising is 0%
Just focus on your trades and profits and neglect those small pumps
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July 06, 2018, 10:05:28 PM
 #9

If altcoins price move up more with the few upward of bitcoin price, it only happened for the demand and supply. If your thought is true, I think, demand of altcoins is less than previous. If demand rise, you will see the upside movement of altcoins more than bitcoin.

It is because the market is so unstable that no one is sure where it will go. The consequence is the lack of volume in several months.
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July 06, 2018, 11:01:12 PM
 #10

The market is still cautious as we are still in bearish market with some ups and downs. The market have to bounce back to levels from May and only than we can talk of a start  of a bullish market. Until that there is i lot to go.

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July 06, 2018, 11:15:16 PM
 #11

Bitcoin is dominating over other currenccies. Probably, when the price will increase more, it may have good effect on other currencies as well.
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July 06, 2018, 11:17:57 PM
 #12

I think price up and down fully depends on demand and supply. Though most of the time price of altcoins move a lot with the price increase of bitcoin. But this time that is not happening. It will rise when the demand flow will go high.
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July 06, 2018, 11:32:12 PM
 #13

It is normal, bitcoin and alts are coupled at the moment but sooner or later they will have to fly for themselves, particularly ICO projects.

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July 06, 2018, 11:38:59 PM
 #14

Normally, the exchange rate of BTC will affect the exchange rate of altcoins. If BTC increases then altcoins decrease and vice versa. The investment in altcoins at this point is perfectly reasonable as the altcoin rates are falling rapidly. And should invest altcoins then hold 3 months to make quick profits.


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Demon Hunter
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July 07, 2018, 02:27:49 AM
 #15

As the bitcoin has reached to a position where no other crypto currency cannot reach. The ups and downs of other cryptos now actually depend on the bitcoin. Currently every other crypto is directly proportional to the bitcoin.
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July 07, 2018, 03:11:48 AM
 #16

I think altcoins are not responding to btc latest pump because, that pump is still a part of its sideways movement. Meaning no real bull whatsoever. I think we may just have to wait a little bit longer for the bulls to really push through.
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July 07, 2018, 03:43:17 AM
 #17

This is my observation or am I dreaming!
I don't know if most of your observations are real analyses or you are really dreaming of it.

Usually price hikes in Bitcoin have MORE positive price movements in ALTs:
I know that you know that alts are also being pushed by bitcoin when it goes up too.

This time it is not playing out like that. This could have a negative impact on the Bitcoin price!
Negative impact? those are the people who are spreading FUD like you and scaring the community newbies.

I could say more but I will leave it at that!
Much better if you remain silent.



 

 

 

 

 

 


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farnandezetn
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July 07, 2018, 05:38:59 PM
 #18

Well, the price of altcoins are recovering but in a slow motion. I agree that the price of BTC influences the price of altcoins. But it cannot be the same all time. BTC price is improving day by day and I believe that soon the price of altcoins will give a positive news.
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July 07, 2018, 08:01:04 PM
 #19

Mainly btc have good future value also it’s the master of all coins based on this btc created a good positions in the market mainly all coins price is mainly dependable with btc price  so if they increase price altcoins are automatically increase because people invest more that time.  Cool Cool
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July 07, 2018, 08:10:43 PM
 #20

That's really bad for me, altcoins do not react to pump of bitcoin enough but they react a lot to its dump which every time makes altcoin investments worse. I hope altcoins will come back anytime soon  Embarrassed
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