Bitcoin is less stable than some ALTs !

[goaldigger]

Bitcoin is still stable inspite of the dump. Yes it still continuing to go down but its exiatence will last long enough that people and all nation will use it legally as a modern digital currency. Market drop is natural and i know that we all know that. If the price will start to increase this year, im sure people who talked negative on it will become their reverse.

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[syamster]

 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?

In the past bitcoin was highly volatile because of the ways newbies rushed into it but now it becoming more stable than before and not because it is good than other coins but because it is more popular than others coins and that is why professionals prefer it to others coins.  I also believe that we should look at bitcoin as a currency and currency need to be stable in price before people can used it.

Don’t worry this is not Permanent but it is just a temporary stability because we know that it is nature of bitcoin that it often increased and decreases but no worries soon everything will be fine. People enters the market so they mostly ask about bitcoin than other Alt coins so that's the reason more investments makes the price changes.

[TheUltraElite]

Bitcoin is still stable inspite of the dump.

Stable after the dump is correct. Daily swings are between 1% and this would be correctly called a new support level at 4000$ trying to drive the price above this mark but some resistance is there above 4000$ which keeps it from rising further.

Yes it still continuing to go down but its exiatence will last long enough that people and all nation will use it legally as a modern digital currency.

Good to see the forum members still bullish on bitcoin. Lets hope for the best.

Market drop is natural and i know that we all know that.

It is true that what is being lost is the dollar price of the asset and not money directly.

If the price will start to increase this year, im sure people who talked negative on it will become their reverse.

Their negative propaganda is  to instill fear in the hearts of traders so that they start selling and they can catch the dump.

[Pettuh4]

I think it is not true but if bitcoin price low it will not effect or harms to altcoin both are in different. we can't predict the any crypto so don't worry about this... just study and do invest in top coins and new coins.

It's emphatically false as most altcoins seems to be in tandem with bitcoin and they do rise and fall together and at almost the same rate so i don't agree that bitcoin is any less stable than the altcoins.They are just the same unless a few altcoins that are being pumped here and there by their developers.

[Olayinka225]

No coins is to be stable, is it stable at one price and never goes up or down. No, the price should be fluctuating (increase and decrease) tyats6what we called trading market. Moreover, I will like to say that, a fall or increase in the price of bitcoin will definitely affect the price of other altcoins as well.

[Janation]

I think it is not true but if bitcoin price low it will not effect or harms to altcoin both are in different. we can't predict the any crypto so don't worry about this... just study and do invest in top coins and new coins.

I know that it is hard to invest on some of the altcoins right now but you should try it.

Investing your money also means that you are risking your money. Not in the way that it is the same with gambling, no it is different with gambling. I am just saying that every investment that you will be doing can't be a certain profit for you. That is the reason you should not always stick at something you know, you should learn some things based on the things that you did not know. It is an experience for you.

[playboy654]

Cryptocurrency market is unstable. I think we all understand that already. That is why we must be very careful about investing in cryptocurrency.

Cryptocurrencies are not stable so we cannot comparing the stability between one cryptocurrency to other so my opinion is if Bitcoin is less stability then people will adopt to the situation then it will be easily managed by them so Bitcoin is less stable but it has more power.

[GymClassHeroes]

Kind of an unusual situation, I am not sure it works for long except for XRP will historically is very stable (due to its large circulating supply making it difficult for price to change dramatically).

[Gideon14]

The main point here is that bitcoin can be more volatile and stable in price depending on market situation or trend including the bitcoin demand and supply so it's not always a real fact if we said the altcoin is more volatile compare to bitcoin sometimes bitcoin experience a very fast or higher moving while compare with other coin such as Ethereum which can be slower or decrease . it's only determined by market conditions or trend in that coin.

[pant-79]

I think that discussing the crypto market we should not overstated stability. Stability is good in other markets, but few in the crypto market rely on stability. I would even say that the opposite is true; many rely on its instability, as this brings the main income.
I consider it altogether senseless to compare altcoins with bitcoins. Comparison of altcoins with each other is still valid, but Bitcoin...
Yes, different currencies, at different times, behave differently regarding  Bitcoin. But Bitcoin is Bitcoin, the main manipulations on the market occur precisely with this coin, so it will have distinctive exchange fluctuations from fluctuations of the altcoin rate.
Regarding centralized currencies, and more precisely ripple, I would like to note that this coin is really excellent. It is already used by many banks and in time, even more banks will begin to use it.

[passwordnow]

I see that decentralization is what people like and that will not be taken over by the centralized-semi centralized coins. Bitcoin being as less stable in your thought can't be replace if you have that type of thinking with it. After we saw XRP got replaced by ethereum to their very own title of number two, each of their market cap is starting to get from each other. I really don't think that bitcoin will be get out and pulled out of its rank so fast and easy.

[legenduim]

Bitcoin is still stable inspite of the dump. Yes it still continuing to go down but its exiatence will last long enough that people and all nation will use it legally as a modern digital currency. Market drop is natural and i know that we all know that. If the price will start to increase this year, im sure people who talked negative on it will become their reverse.

I know that all of the cryptocurrencies are volatile. Nevertheless, I also see that Bitcoin shows better stability than most of the altcoins. Therefore, most investors trust this crypto.

[yazher]

As of now Bitcoin is less than stable than some top contender Altcoins, however it will not end here. let's hope that in this coming weeks the Table will turn just like the other months of positive hypes. all we can do now is pray for bitcoin to emerge again and claim the highest percentage for prize increase.

[merclyn]

Bitcoin is more than just about the price in USD terms. Its stability should be measured more broadly than that. But even if that is all you care about BTC moves slower than the others who have much less marketcap, and things like ripple are just some corporate centralized pre-mined coin, and have very little in common with Bitcoin. 

[cizatext]

 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?

Any token or coin that goes through regulations and become centralized will have the backing of the government and have legal jurisdiction and if it serve real time usage then it will succeede why the price of bitcoin is always unpredictable is because of it decentralized nature which always leads to weak confidence in the sight of investors.

[imstillthebest]

You are totally wrong.  BTC dropped from the all-time high of $20,000 to $3,000 while XRP from the all-time high of $3.50 to $0.30.   Bitcoin is still the most stable coin out there, apart from Tether, True USD.

Yes i agree because that is also i notice everytime i checked the prices of my coins  . i  see that alts and tokens do fluctuate oftenly in a high volume while btc only moves in a light manner  .

The way I see it, if you bought BTC and XRP at the all-time high prices, you would have lost more on XRP. 

That depends on the amount you buy  . if you buy equal amount of btc and xrp  , you will loose more btc if they both have drop because btc is more expensive than xrp  .

[Johnzky]

Bitcoin is more than just about the price in USD terms. Its stability should be measured more broadly than that. But even if that is all you care about BTC moves slower than the others who have much less marketcap, and things like ripple are just some corporate centralized pre-mined coin, and have very little in common with Bitcoin. 

You are right mate,the comparison is stupid and nonsense because the market capitalization is not even close for the investors to move either growth or fall so i think theres no reason for this to be compared

there is nothing wrong with that and such corrections often occur on the cryptocurrency market. it seems to me that in any case in the future everything will grow in value

Ofcourse we must spare the shitcoins as the future is not destined for them,only for the legit is our trust must deserve so lets wait until the market fully recovered

[Valer4ik]

Colleagues, stop talking about demand, profitability, methods of application. After all, for the growth of prices it is not necessary

All markets are solid manipulation and draining of money from the players. Do you really think that the crypt is not like this and is growing due to some demand or news there?

 

All this growth - MANIPULATION. After all, over the past year, the cue ball became more popular, etc. and etc., but the price has slipped

 

The next growth will be when fat uncles need it

 

Everything written above is my IMHO. If you have arguments against. Write. I will be very happy to support a reasoned discussion.

[bravehearth0319]

 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?

Why are you comparing Bitcoin into altcoins which is XRP and XLM those two alts as far as I know are both categorize in based centralization therefore bitcoin has a big different with it. And you are deceiving others here in the forum and besides for what you are telling here is not valid instead it is very irrational, where did you get that information are you saying that those 2 alts are both stable than bitcoin, oh come on!

[ynatopak14]

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.