Bitcoin rise altcions fall!

[killat]

It's funny how people become suddenly experts when BTC recovers and when it dips they consider it a scam.

Btc will remain the one and only useful Crypto currency for yet a long time. There are plenty if shops and services that accept pays in BTC but none of them will accept altcoins.

That's why it's pretty normal that BTC raises and altcoins not. (Some of altcoins will raise soon, too, but poor projects will remain hopefully in the dark)

[Amokomowo2005]

It has always been happening and this not the first and the last time, people sell their altcoins to bitcoin when they see its rising to FOMO.

[temperatunre]

There is no exact prediction about thisproblem. Even now or in the future, the price of bitcoin or altcoin can not be guessed

[wisdomcn]

Yes, I experienced this same incident early of the year 2018 that is around January when the price of bitcoin dropped down to $8,000 plus after the major increase it was below $9000 per bitcoin some weeks and the price of ethereum and other altcoin increased massively and bitcoin did not go up with them. Same thing is happening now.

[anushkasachith888]

That's how the market acts now. when bitcoin price goes up Altcoin price goes down. At the moment bitcoin price goes sideway then Altcoins price started to rise rapidly. You will see this again. wait and see.

[ridertiger]

That is because a lot of people are selling their altcoins to buy bitcoin, that could be the reason.

[adrianto1995]

Just wait a little moment, I'm sure altcoins will follow the Bitcoin soon...
So far Bitcoin dominating over 47% against Altcoins, that's why almost all altcoin price crashes



I hope altcoin will bullish when August comes, especially for Ethereum... 

[yansen]

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've seen it in previous hikes. it has become a trend. when bitcoin prices rise, all altcoins go down. what I am thinking.? For sure is waiting for bitcoin prices to stabilize at the top, and buy altcoins. because when bitcoin is stable. then the altcoin price will go up.

[light22man]

I think we now see the repeat of the autumn scenario when bitcoin rise rapidly and money move from altcoins into bitcoin that's why al top altcoins will be suffering for months

[Kasliono]

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

Based on my experiences since one and a half year. The price of altcoins will be increasing when the price of bitcoin is stay or steady. And the altcoins will be down when the prices of bitcoin is going up or going down. It is because when the bitcoin is steady it meand that the people did not buy it. On the other hand, they buy altcoins. So the prices of altcoins is going up. Just my opinion.

[TontomHit]

It may be, because all the news are about Bitcoin lately. Especialy the potential Bitcoin ETF, which would be a huge thing to Bitcoin, if accepted.

[Eden Thompson]

Bitcoin is the first one, has the biggest market cap and volume trade per day so it works as a market thermometer. Adding to what have been said, traders use bitcoin’s as an indicator of market felling and wait for a good move on bitcoin to enter theirs trades on other coins.

[BitBite5]

Such scenario was already seen. When the bitcoin price is on the way up altcoins often fall probbaly because people are more focused on bitcoin and are buying it more hoping that the price will rise evn more.
current bitcoin price trend looks good, hope it will continue this way.

[asus09]

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

yes, with more growth for bitcoin makes many short trades switch to hold bitcoin than on altcoin. this is only natural. I think you have to learn a lot about trading and market patterns when rapid growth and decline. this is for your insight at a later date

[onrise]

There is no exact prediction about thisproblem. Even now or in the future, the price of bitcoin or altcoin can not be guessed

This is the short term problem as in some days even altcoins will rise as it has happened before as well where for few days altcoins kept falling and then it started to rise. SO do not worry much about it and good time to buy as well.

[Lorna111]

yes it is true and it is not what it used to be and I thought yesterday that altcoin will soon follow the price movement up again, and I think it will happen soon.

 We have different opinion on the above topic....Market is Volatile, anything can happen at any given time, it may goes up and may goes down dependent on the Volume of market investment. If you look into the market trends, reading about the inputs or even speculation of Experts on Crypto Currency Market. Some say's as per their Observation IT IS THE SHIFT ON INVESTMENT, they pull out from coin then re invest to Bitcoin, traders are doing this.

[kucritt]

when bitcoin rise, altcoin will fall, its normal because the altcoin is not depend on bitcoin anymore, they have their own network but when the price of bitcoin is stable, the altcoin price will caloibrate with bitcoin price, its very normal in trading, so when the bitcoin up dont hold some altcoin

[hugoworld]

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

Bitcoin and altcoins are not competitor. They are team mates who are competing in different leagues. For that reason, this is completely natural this type of ups and downs.

[Akenosi]

Thats the norm, every body will not want to miss out on the rise of the Bitcoin and making profit from it which leads them selling their altcoins to btc, the selling will now continue making the price decline.

[luigi3]

I think some of the token was only depending to the price of bitcoin,i mean foundation ,so if the bitcoin price was dump many tokens was getting dump to,for example the ethereum, so this is my only observation about it.