Bitcoin is less stable than some ALTs !

[TheUltraElite]

I always knew that Ethereum could regain its rightful second place. On account of Bitcoin and its stability in relation to Altonika I think he's better than holding the position or in relation to some coins of the percentage of price reduction are almost identical.

We are talking about the general "stability" of altcoins and not exactly one specific coin. Yes it does hurt to see a centralized shitcoin like ripple take over ethereum even though ethereum's basis is also flawed. What people lose when price drops is the dollar value or fiat based value of the asset and not any money directly. This shows the amount that you would be getting back if you decided to sell all at that price, but you are not selling right away at a loss obviously if you are wise enough.

This again does not mean that altcoins will not be manipulated. They need to be pumped so as to create some demand and supply dis-balance in order to let the whales take over.

[1715393881]

1715393881

[Belec]

In my opinion, this is not strange, because bitcoin has the highest value and its decline is noticeably seen from other crypto currencies. This instability among coins is most likely to be at the expense of bitcoin, I admire that some less important and less popular coins have been raised on the basis of the fall of larger coins, we will see how the situation will continue.

[mOgliE]

Most alts are still tanking significantly harder.

I disagree. Looking at the chart you can see lots of alts are stable compared to BTC and most of them follow the same pattern. A few of them are dumped harder.

That's the sad truth about alts. Some of them propose something different but the vast majority is just a pupeet of BTC. BTC goes up so does the alt. BTC goes down, so does the alt.

[Thanasis]

Most alts are still tanking significantly harder.

I disagree. Looking at the chart you can see lots of alts are stable compared to BTC and most of them follow the same pattern. A few of them are dumped harder.

That's the sad truth about alts. Some of them propose something different but the vast majority is just a pupeet of BTC. BTC goes up so does the alt. BTC goes down, so does the alt.

Most of the time I only see the price chart of the bitcoin to see what is actually happening in the cryotocurrency market and it works too.This shows people highly depends on the price of bitcoin for trading and investing but I think this needs to be changed if we want bitcoin to be used for what its meant for.

[Valer4ik]

Bitcoin is able to surprise both ways, besides, not all ICOs and other scam have died from hunger, and they collected bitcoins from suckers and do not appreciate them, they sell a lot and easily, so everything is possible, but not for long. Their appetites are brutal and most of them even a growing market will not save, all the same, they will die and die from exhaustion.
Actually this is one of the main drivers of the fall, it was not necessary to invest money in ICO and altcoins, they spend your bitcoins on "whores, cocaine and worthless developers"
...
So far I have taken a wait-and-see position, I almost do not trade, I travel around the country and the world, I follow the crypt in the floor of my eye, waiting for the cleansing of the market to take place naturally.

[marjil]

I think some Alts drop the price too and many good alts drop the price more than 80%. I think its the same with bitcoin because as main currency in cryptomarket, its affecting to most altcoin price in market.

I think what the OP was saying is that within a seven day timeframe the price of bitcoin dropped by more than two other coins in percentage terms. I don't believe any comparison was being made with other coins or longer timeframes.

[jeromix]

Bitcoin is more stable than other coins but less stable than USDT. The USDT crypto has just followed the market price for US Dollars. Besides the USDT crypto was design as an replacement for US dollars when using crypto as a means of payment and as a means of receiving money from the payment.

Altcoins could move faster this because a lot of users in the community believe in the project so they keep buying on the coin and consider as an asset like bitcoin. 

[Ozero]

 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?

What you showed means absolutely nothing. If you take a particular day and a few coins, you can bring dozens of similar cases with other coins. This, incidentally, was recently with ethereum, and many recently paid attention to the sharp growth of this coin compared to bitcoin. To assert this, a longer period of research is needed, otherwise it may just be an accident. Sometimes coins and tokens simply do not have time to quickly respond to rapid price changes in the market.

[CryptoKush]

I think Bitcoin is more stable than altcoins. Therefore, many traders prefer to trade Bitcoin. In the bear market, Bitcoin is the most stable cryptocurrency.

[akram143]

I think Bitcoin is more stable than altcoins. Therefore, many traders prefer to trade Bitcoin. In the bear market, Bitcoin is the most stable cryptocurrency.

I don't definitely think at anytime Bitcoin is not a stable currency but some of the other currencies are not stable as like Bitcoin but comparing other altcoin with Bitcoin will not be a right thing if Bitcoin will not be here then the other cryptocurrency or not definitely a worthless currency.

[jabrix]

In my opinion, this is not strange, because bitcoin has the highest value and its decline is noticeably seen from other crypto currencies. This instability among coins is most likely to be at the expense of bitcoin, I admire that some less important and less popular coins have been raised on the basis of the fall of larger coins, we will see how the situation will continue.

All coins have different properties, depending on market conditions. Bitcoin at the moment becomes the most stable coin, but at other times it can be a more stable altcoin.
So in my opinion the market response will determine the stability of the price of a coin.

[Sithawaka]

It is unstable a bit and that is due to the rapid change of demand that it gets from investors and traders and this situation is fuel by media and some governments in the world by spreading false information which makes investors and holders to panic regarding bitcoin and that is the main reason a situations like you have mentioned are happening all the time but I hope this will change in the future for a smooth continuation of bitcoin

[angrynerd88]

Bitcoin is always king and will grow more,Having bright future.

[whirlcoin]

we cannot avoid and see the reality and it is evident that it is true that some altcoins can survive and are quite stable. but also cannot guarantee that they will not depend on the situation of bitcoin itself. I just hope that there is a significant change from bitcoin for the next few weeks to have an impact on other altcoins and stimulate new projects.

Will people think Bitcoin is not stable like some of the best altcoin it will be the right but but when comparing to Bitcoin they are not valuable like we are thinking so it can be easily not accepted by any people we need to think more deserving title for Bitcoin.

[creeps]

when bitcoin drops, altcoins get dumped hard unless they are on in pumping session.

SO TRUE!!! altcoins price are depending on bitcoin price in USD.
If BTC drops then their USD value drops also unless they get more BTC value in the market.

Altcoins follows the trend of bitcoin but I think bitcoin is really not that stable and its highly volatile because
Most of the investors are with bitcoin, playing and earning a lot of money through their strategies. We can use this volatility to gain more profit, so knoe how to do that.

[Kez1817]

Many altcoin drops when bitcoin also drop. They are following the value movement of bitcoin but ofcourse bitcoin is less than stable that altcoins because that is bitcoins nature,volatility and not become stable to make people gain more profit.

[andika2018]

XRP have big and solid community and they maintain XRP price stable. Maybe its because XRP daily transaction volume very big and its true that XRP is good coin and having potential to be biggest market cap value after replace ethereum place as second biggest market cap coin

[wewe123]

XRP have big and solid community and they maintain XRP price stable. Maybe its because XRP daily transaction volume very big and its true that XRP is good coin and having potential to be biggest market cap value after replace ethereum place as second biggest market cap coin

That is really true that there are some altcoins that are also rising to the top like this XRP, but when stability are been ask for coins ,bitcoin are still the stable coin at this moment , so we just still support altcoins and bitcoin and the entire cryptocurrency.

[Janation]

XRP have big and solid community and they maintain XRP price stable. Maybe its because XRP daily transaction volume very big and its true that XRP is good coin and having potential to be biggest market cap value after replace ethereum place as second biggest market cap coin

That is really true that there are some altcoins that are also rising to the top like this XRP, but when stability are been ask for coins ,bitcoin are still the stable coin at this moment , so we just still support altcoins and bitcoin and the entire cryptocurrency.

That is just normal, Bitcoin is not the only cryptocurrency rising in the market.

There are a lot of investors in the entire world and it is obvious that they will not only invest on Bitcoin, they will also invest and find other cryptos they think have a high chance of giving them a profit. In the past Ethereum is making a lot of progress but then it also fell down in the first months of 2018, that just proves that Bitcoin is not the only one.

[PeRo]

You can't really compare alternative cryptocurrencies to Bitcoin in any way. Bitcoin is many times bigger than all other cryptocurrencies so it is just natural that it becomes less stable. Imagine how unstable would those other cryptos would be if they reached Bitcoins height in price and amount of users.