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Author Topic: Bitcoin rise altcions fall!  (Read 714 times)
DenSamui
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July 25, 2018, 05:29:25 AM
 #41

I think this is the norm when bitcoin grows all the attention to it, but as soon as it stabilizes, the other alt-coins will begin their growth.
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July 25, 2018, 05:41:06 AM
 #42

I think with the recent increase in the price of Bitcoin, people invested in Alt coins might think that we might see a repeat of last years spike in the price, so they anticipate a much larger profit with Bitcoin than their current Alt coins. The result is people dumping the Alt coins and buying more Bitcoins.

My latest portfolio actually dropped in value, because all Alt coins in that portfolio dropped more in value than what Bitcoin price increased in value.  Roll Eyes

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July 25, 2018, 05:47:39 AM
 #43

The sudden surge in Bitcoin results in people selling their altcoins which has better price or where they are making some profit. Its a common thing and you may see other explanations too.
https://youtu.be/mQndr7NMPxk?t=471

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kesmex
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July 25, 2018, 05:50:36 AM
 #44

in my opinion it has become a common thing to happen, although now bitcoin increases altcoin will not always increase too, just wait until bitcoin rises higher and starts to stabilize at a certain price, after that altcoin will definitely increase.

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July 25, 2018, 06:10:03 AM
 #45

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that


of course it will happen, because there are many people who temporarily switch options on bitcoin, why does that happen? because bitcoin growth is faster for now and it will be profitable. then some traders exchange it for altcoin when bitcoin starts to stabilize.
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July 25, 2018, 06:13:29 AM
 #46

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that
Today altcoin prices are rising with Bitcoin. But after a few weeks, the only bitcoin is increased, and altcoin prices will continue to decrease and only increase if the price of Bitcoin drops. But I never think that Bitcoin prices to fall
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July 25, 2018, 06:16:19 AM
 #47

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

It's a big No,  because as I observed bitcoin and altcoin is not a competitor they just like a team. They are all digital money currency. Although they have different in price level but their functions are  the same.
I think you were wrong to say so. In fact, altcoin was created to compete and replace Bitcoin in the future because altcoin has a much faster processing speed than Bitcoin and Altcoin have ecosystems that are great

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July 25, 2018, 06:17:57 AM
 #48

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that
It is possible that altcoin prices will drop or stay the same while Bitcoin prices will increase because investors are currently selling all of their altcoin assets to focus on Bitcoin. Everyone thinks Bitcoin ATF will be accepted in August
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July 25, 2018, 06:19:10 AM
 #49

Yes, the strangest in my opinion is Ethereum, now ethereum is very popular, but why the price is not able to soar high.

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July 25, 2018, 06:22:56 AM
 #50

True, unlike previous times, bitcoin price increases, altcoin will rise in price, this one is completely different! More consideration!

this is the problem with majority of the newcomers, you guys fail to zoom out and zoom in when required. for example you should go back and look at the whole history and check the times exactly as they are not just look at the overall chart and see a rise happened last year in bitcoin and a rise happened last year in altcoins! that doesn't show you anything.
look when the bitcoin rises happened and see what was happening to altcoins during that time.

also don't confuse the USD value of altcoins with their price during bitcoin rises.

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July 25, 2018, 06:27:42 AM
 #51

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that

This is not unusual. We have seen this pattern several times before. Although it is not the only pattern we can see in the movements of Bitcoin's price versus the altcoins' prices, it was always a possibility that when the price of Bitcoin becomes very aggressive, the altcoins will somehow suffer. That is something that may possibly be brought by the shift of many investors from altcoins to Bitcoin.
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July 25, 2018, 06:28:15 AM
 #52

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that
I think not from from now the altcoin will also rise. I see that the bitcoin price rise and I believe that it will be the start of the pumping stage, because we are now have a verry few months to tear 2019. Maybe the expert speculation occur this next few months. It will maybe continue rising till the end of the year followed buy altcoin.
Will all the altcoins rise?
What is the reason behind the crashing ofall the altcoins?
I thought bull in bitcoins would cause bull in altcoins as they are traded using btc itself.
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July 25, 2018, 06:28:26 AM
 #53

Yeah what i noticed that the bitcoin is getting spike at the market at this moment but we know for the fact that in this crypto world the price still very surprising every minute it always change so bitcoin and altcoin will be always leading on it
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July 25, 2018, 06:30:30 AM
 #54

Yes and later when Bitcoin stable, the altcoins will go up in price as Bitcoin is being sold at profit to buy Altcoins.. its the crypto cycle so do your due diligence investing.invest longterm and short term..
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July 25, 2018, 06:30:38 AM
 #55

After a long period of dependency we see now that the bitcoin rise alone and other major altcoins are down or stay at their price...what do you think about that
Well in my opinion, it is just vice versa a part of a volatile market. Let just hope for the better market because bitcoin and altcoin rocks on the cryto world.
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July 25, 2018, 06:32:09 AM
 #56

Yeah I notice that as well. It is possible that some people think bitcoin is more promising as it keeps increasing, so they withdraw money from their altcoin accounts and used it to buy bitcoin. Also, as time goes, more confidence in crypto market will come back. At that time, altcoin price may increase as well. We can just be patient and see how the market goes.
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July 25, 2018, 06:33:37 AM
 #57

Alcoins will return back after 26/7/2018
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July 25, 2018, 06:34:45 AM
 #58

I had also observed such scenario where altcoins has not increased simultaneously with btc. I believed that this has something to do with supply and demand issue wherein this time, more supply in altcoins with a less demand. Since people had came to notice that btc had a drastic increased, investors holding altcoins may have been dumped and switch to btc investment to earn much greater profit than with their investment in altcoins.

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July 25, 2018, 06:36:38 AM
 #59

It's a cycle. It has been happening every cycle. BTC will rise as people sell alts to buy BTC and then they will buy back alts later which will cause the alts to rise. Most of it is done to increase BTC position. So at the end, BTC is King.






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July 25, 2018, 06:42:21 AM
 #60

True, unlike previous times, bitcoin price increases, altcoin will rise in price, this one is completely different! More consideration!
What do you think the reason of change ? do you think whale filled their stock so they can manipulate altcoins ?
Nowadays trading markets are very strange and dangerous at the same time .

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