rising bitcoin prices, will altcoin drop?

[Danielcrypto2015]

hallo all, i want to ask how do you opinion about the increase of bitcoin price would it be bad for altcoin in ALTCOIN / BTC pair?
because every bitcoin price increase is definitely the ALT / BTC or altcoin pair per bitcoin is down, will it cause a huge loss? or it is profitable for those using ALT / USD

At this time, Its a bad for Altcoins. However, BTC need to be adjusted after strongly going up that will be sideway later. Therefore, ALtcoin will be pumping when BTC adjusted and sideway. if you hold altcoin, just waiting for your coin's turn. Hold tightly, man!

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[ambisyon]

In my opinion, I believe that this time there has been a slight delay for the altcoins to rise up since I had observed in the previous months where if btc goes up, altcoins will definitely follow and not the same case screnario in the current weeks. As btc is now moving forward, it will be expected for the altcoins to follow soon and I don't think altcoins could go down. Most likely when alts market were down, most of the investors shifted to btc since people had observed a dramatic increase in price value.

[boyouporn123]

maybe yes but if bull run done all altcoin will rise for more price its just a game man its good to invest alt coin now for sure next month all altcoin will rise and you will have more profit for sure

[Wayan_Pedjeng]

During the last quarter of 2017, the altcoin prices rose faster than that of Bitcoin, because the investors considered BTC as over-priced. But now the opposite is happening. Most of the investors are having an opinion that the alts are heavily overpriced. Else how can you explain some little known alt with just a few tens of thousands of users having a market cap of over $1 billion?

[yugyug]

As the bitcoin value will rise the altcoiins also goes high this is because the cryptocurrency investment confidence index influence got high too. So bitcoin and altcoins are correlated in terms of bull market in the crypto world some newbie are likely to drop but a stable and top altcoins are likely to soar high when bitcoin price influence increase.

[kirstiemorton23]

I think the rise in Altcoin prices also has a good impact for Altcoin, I often see when Bitcoin rises then another altcoin also rose, when Bitcoin fell altcoin also descended, I saw a good improvement for the one using ALT / USD.

[Shamie1002]

Prices and values will still depend on how popular it is to users as coins and convenience.
When a coin value rises does not mean some coins will actually be dropping.  The factor affecting this is when a user diverts his coin into bitcoin and an alt then shifts his alts to bitcoins that will contribute to less alts. But in some instances, some alts have different functions that makes it convenient to use even if everyone knows that bitcoin is superior

[bunny0612]

I think it will when no new money pour in, just the money flow diverted from alt to btc . People just sell altcoin for btc because btc rising. When btc and altcoin increased, that mean we have new investor in crypto market.

[NavI_027]

Yup it increases also! It seems to happen because bitcoin is at the top and it greatly influence the price of others (which is alts) in the market. In short, if btc pumps then alts pump and if btc drops then alts drop as well BUT this is not a constant scenario. For example, I just remembered what happened last bearish days of May (I think so) when huge number of cryptos, including btc, declined but Tether surprisingly goes up.

[Ararbermas]

 As of now perhaps yes it will drop as a temporary situation in my opinion so that bitcoin could climb to the highest again value. Which is soon after bitcoin reached the the estimated margin or price some of altcoin in the market will gradually climb as well until  all coins in the market recover.

[HashWorld]

Not sure about that. Normally BTC rises like, alt coins will rise more. This time is really weird. So just keep calm and watch.

[Rangga27]

hallo all, i want to ask how do you opinion about the increase of bitcoin price would it be bad for altcoin in ALTCOIN / BTC pair?

Yesterday the alts were all down because most of the holders are selling their alts for bitcoin. But take a look at the market again today, most of them are again following bitcoin's lead.

because every bitcoin price increase is definitely the ALT / BTC or altcoin pair per bitcoin is down, will it cause a huge loss?

It's a huge loss for someone who mostly have alts on his portfolio and never had time to pile and stack up bitcoin on his collection.

or it is profitable for those using ALT / USD

Just sell alt for bitcoin.

yes there are so many who hold the tools to sell it to get profit from bitcoin, but I think bitcoin will go down slowly because the event is pushed back until September

[melander81]

A lot of movement is happening now. As shown on the Bitcoin dominance it is steadily increasing thus also affects the price. From what I am seeing, people are moving their Altcoins which is causing a massive drop in their prices.

[Rangga27]

price of altcoins keeps in seesaw. its going go keep trying break support and resistance until big news will come. the more we'll see pump when btc is also pumped thats what i always notice so the possibilities of btc and altcoins go up together is higher.

chances are if bitcoin continues to rise in price, if you buy ALTS / USD altcoin pair, you will get a big profit, if you buy with ALTS / BTC pair you may get a loss.
if the price is indeed your profit, but the count of your count loss.

[venven24]

Altcoin's prices will deacrease more again and again against to Bitcoin. While Bitcoin'price will close to $13000-15000 altcoin will follow to bitcoin and increase.

[hewbrowden]

hallo all, i want to ask how do you opinion about the increase of bitcoin price would it be bad for altcoin in ALTCOIN / BTC pair?
because every bitcoin price increase is definitely the ALT / BTC or altcoin pair per bitcoin is down, will it cause a huge loss? or it is profitable for those using ALT / USD

No, I think that when raising the price on Bitcoin, the price of alternative cryptocurrency also rises. This is due to the fact that people can buy altcoins using BTC.

[vova.andreyan.94]

To increase the price of altcoins you need a larger volume of capitalization, one binding to the alt / btc pair will be small!

[MrGGates]

I think altcoin should wait patiently for bitcoin increase, the impact is felt on altcoin because the volume will accumulate on the rise of bitcoin. when later the price is stable then many will return to altcoin, the fair thing often happens to the market when bitcoin is experiencing price spikes.
altcoin will have a good effect when bitcoin is on top.

when bitcoin is stable with high or low price, altcoin will be stable, if bitcoin experienced a significant increase in price altcoin also experienced a change in price decrease directly

[BruceJu]

In theory, with the rise of the altcoin, bitcoin will also rise. But in the critical period of Bitcoin, only one coin of bitcoin will rise, and when bitcoin rises to a very high price, other coins will rise.

[deep4u]

All altcoins follow up bitcoin path and will increase in price market activity and i can see much buying into altcoins now days so yes now green days are back.