Bitcoin is less stable than some ALTs !

[mikeywith]

 So regardless of the reason of this last dip. I noticed 2 of the top 10 coins ( XRP and XLM) sort of survived the dip and performed well against BTC which usually is not the case comparing this dip to  previews dips . take 11th oct 2018 for example.

in USD rate in the last 7 days :

BTC dropped : 13.48%
XRP dropped : 6.7 %
XLM dropped : 9.2%

also XRP surpassed ETH "not for the first time" but this time i think it will last.


I think that these 2 coins will remain more stable than bitcoin for a long time.

seems like centralization or semi-centralization in crypto is going to take over one way or the other. I hope not but we shall see soon.

tell me what you guys think?

[1713909126]

1713909126

[pooya87]

you are calculating percentages wrong!
XRP got dumped from $0.53 down to $0.43 and that is 18.8%
XLM got dumped from $0.26 down to $0.21 and that is 19.2%

besides the rule is this:
when bitcoin drops, altcoins get dumped hard unless they are on in pumping session.

so altcoins may not always even go down! they may actually go up. as it was the case with a couple of them that have been pumping during the past 48 hours.

seems like centralization or semi-centralization in crypto is going to take over one way or the other. I hope not but we shall see soon.

don't confuse pumps with "taking over"!

[BuyBuyBitcoin]

tell me what you guys think?

Another crappy thread about alts?

Have any Alts stored value for 10 years and funded almost every alt and dev teams projects?

Riiiighhhttt.

[mk4]

You're comparing bitcoin to what? 2 alts? Out of what? More than a thousand? If anything, I'm pretty sure the reason why XRP and XLM are having a swift pullback is because of the people speculating about which coins/tokens are going to be listed on Coinbase next.

Take a look at the 7 daycharts with a bigger picture. Most alts are still tanking significantly harder.

Source: coinpaprika.com

[chocolah29]

I'm sorry but I think OP trying to make hype about xrp and xlm so FOMOs will panic and buy these alts. The motive is just plain and obvious though and hopefully people won't take a bite to this.
What we should be doing now is to accumulate more.

Ok bye. Need to fill my bags now. 

[Marcel666]

Generally a drop in Bitcoin leads to a drop in other cryotocurrencies but this is not all inculsive and any coin or token which is not overly affected by a crash usually experiences a pump as traders flip their holdings for those few greens in the sea of red.

And I don't think this is any argument to say a coin is less volatile than Bitcoin, you would need to fmdraw out a more detailed and longer chart analysis

[Ragnar143]

yes..  many alt coins are maintaining  stable price of a coin in a longer term.

[btlzpr]

You think that Bitcoin is less stable than some ALTs only depending on a short-term data.  This is ridiculous.
Are you blind?  Can you not see that the price of those altcoins has fallen by more than 80% from ATH?
In fact, the price of Bitcoin has fallen by 60%-70% compared to last year's ATH, compared to almost all altcoins lost more than 80% of the ATH price.
From this year's market, bitcoin is more stable than any kind of altcoin.

[BitcoinHodler]

Take a look at the 7 daycharts with a bigger picture. Most alts are still tanking significantly harder.

most of these altcoins had a small recovery after they got dumped which is why you are seeing a smaller red number in front of them. but in fact they all got dumped a lot bigger than bitcoin price drop.

the reason is probably because the whole pressure was on bitcoin to crash it and it still has not gone away so it is impossible for it to recover.

[BuyBuyBitcoin]

yes..  many alt coins are maintaining  stable price of a coin in a longer term.

Actually altcoins (aka shitcoins) die more often than they maintain value....

Intelligent people can do the math and research for themselves, what the current odds are an altcoin lasts.

[thesmallgod]

maybe you wanted to say BTC is the most stable coin out of the other cryptocurrency because the price of altcoin depend greatly on bitcoin and ones the price of bitcoin fall slightly, the altcoin price also fall. However, BTC is still more stable because of High trading volume and besides during deep fall, trader tend to exchange some altcoin for BTC to stay very safe.

[dewildance]

 So regardless of the reason of this last dip. I noticed 2 of the top 10 coins ( XRP and XLM) sort of survived the dip and performed well against BTC which usually is not the case comparing this dip to  previews dips . take 11th oct 2018 for example.

in USD rate in the last 7 days :

BTC dropped : 13.48%
XRP dropped : 6.7 %
XLM dropped : 9.2%

also XRP surpassed ETH "not for the first time" but this time i think it will last.


I think that these 2 coins will remain more stable than bitcoin for a long time.

seems like centralization or semi-centralization in crypto is going to take over one way or the other. I hope not but we shall see soon.

tell me what you guys think?

Especially for XRP and XLM, these days are nice. Because they have a good news on the market. XRP always on the agenda. Especially in recent days. And XLM getting listed on blockchain.com . This good news hold their value despite the market situation.

[dothebeats]

Less stable in what terms? The figures you have provided clearly don't state anything of clear importance to me, and no, centralized coins won't replace cryptocurrency since you can clearly see that in the midst of crashes and burns of decentralized coins, people still choose them over XRP and the likes. A brief green on the books while everything else is red isn't a clear indication of a more favorable market condition in the long run. But yeah, I guess whatever floats your boat then; it's your money anyway.

[Reid]

So where is this going to?
What is your purpose for comparing it to those two altcoins?
For advertisements? Want to pump the coins that you are holding and that is why you posted it in bitcoin discussion?
Oh yes guys this is bitcoin discussion. Telling it before it will be exported to altcoin discussion.

You want stability? Go with USDT. It will always be 1:1 with USD.

[Coinraptor]

In my point of view, bitcoin is much stable than altcoin. As far as I am connected with the crypto world I have been watching in the crypto market bitcoin is a more stable coin rather than altcoin because altcoin depends on bitcoin in every stage of the price.

[BuyBuyBitcoin]

What is your purpose for comparing it to those two altcoins?
Want to pump the coins that you are holding and that is why you posted it in bitcoin discussion?

He just wants to pretend ripple wasn't $3 twelve months ago, and Stellar wasn't $0.80....

You want stability? Go with USDT. It will always be 1:1 with USD.

It's been as low as $0.93.... stablecoins are shit.

[niteroy]

The fact that XRP and XLM now show better vitality is better than Bitcoin due to the fact that Ripple has signed many new agreements with banks, is constantly evolving and conquering new companies. Stellar is also growing quite actively and some projects decided to transfer their tokens from blockchain Ethereum to blockchain Stellar due to a number of its advantages. All this contributed to the growth in demand for these coins and the best performance during the general fall on the crypto market.

[talkbitcoin]

You want stability? Go with USDT. It will always be 1:1 with USD.

if you want stability then you should go with fiat not another altcoin which happens to be unstable despite its name! not to mention the risks of USDT which can bankrupt you in an instant.
Tether and all the stable coins like it which are centralized are only good for transferring money between exchanges and nothing else.

[Dasha88fed]

I think it's not right to compare Bitcoin with such coins as XLM and XRP, because Bitcoin is a completely decentralized coin that no one controls, and XRP is not even a cryptocurrency, because it is a coin that is completely centralized by the Ripple team and naturally that the team can influence the price of their coin the way they want it and how it benefits them. XLM is a decentralized coin embedded in the Stellar network, but since the Stellar network does not use mining, all the coins are available when the network starts. The holder of most of them is the non-profit organization Stellar.org that allows it to influence the XLM price by adjusting the supply and demand of the coin.

[btcluisdiki]

It's  not comparable with the Alts as btc is currently undergoing a temporary dip that will recover few weeks from now.  Alts should be compared with the other alts and not with bitcoin since the price value is no match with the comparison. Nothing can match with btc as this currency had surpassed many trials within 10 years since it started in the crypto market and a current price value is way up high tan it was before. In my opinion, btc is still the most stable coin than the rest of the other crypto currencies.