Jpti
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March 08, 2019, 02:00:24 PM |
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I also do not understand why almost all altcoins will raise when the price of king bitcoin goes up. I think all altcoins are inter-dependable on bitcoin in a way or another. I think it is not the good think that coins are inter-dependable, which restricts competition in the market. But lately, the trend is being raptured. Even some coins are seen increasing in price when bitcoin is decreasing in price.
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===================================================== BILLCRYPT - CREATING HISTORY=====================================================
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moynul2050 (OP)
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March 08, 2019, 02:27:44 PM |
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actually I made the topic above not without strong reason. I have experienced that when bitcoin increased the altcoin fell, but recently the altcoin price movements followed the price of bitcoin.
I'm just afraid that if some of my altcoins who don't have trading volume on the exchanger will become shitcoin even though the bull run arrives.
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Clark05
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March 08, 2019, 02:55:48 PM |
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If you token in your wallet right now, once the price of the bitcoin up of course the token up but not like the price of the bitcoin but they have affect on the price which is they increase the value of the tokens but not all the token maybe most of the token and you lucky if one of them is increasing and also the altcoins most of the altcoins will increasw compared to the token that's I think.
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hell_slayer
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March 08, 2019, 03:09:24 PM |
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my question is. if there is a bull run when Ethereum, Bitcoin, EOS, Stellar and all other coins are greatly increased, will some of my coins be worth again? Will a bull run affect the price of my token?
The answer is : yes . This is exactly what everyone is waiting for and what we call a "bull run". This is the time when new money comes to the market in search of new assets that look most interesting in terms of investments. Of course, the most popular assets will grow in the first place, but in the end all the other altcoins will turn, so it makes sense to keep your coins and wait for the start of the next bull run .
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umar22pk
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March 08, 2019, 03:11:24 PM |
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Its correct that when BTC go up than all other alt coins also go up, because mostly alt coins traded in BTC & ETH so it is direct impact on alt coins when BTC go up.
You can also say when BTC go up than all market goes green, alt coins as well.
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mbluxs
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March 08, 2019, 03:13:35 PM |
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Bitcoin is often used not only as an independent investment, but also as a currency against which the evaluation of tokens is made. Therefore, when bitcoin grows, then other coins grow. However, not all, if we made a mistake in the company, no market growth will not help.
As an investment or as a currency, it's actually the choice of each person, but actually bitcoin is an investment not as a payment instrument
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flyingcat
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March 08, 2019, 03:14:58 PM |
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I have the same question before but based on my experiences for the past years being here in crypto it will going to depend on the project(coins/tokens) if they will going to have a great increase too on bull run but most of the coin are increasing on bull run even those new listed coin/tokens.
Bitcoin goes up doesn't mean that all cryptos grow up, I think you are wrong to think that. The fluctuation of the market is hard for predicting, but the bull run in 2019 is hard to happen due to the conflict between developing countries in the world.
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andor.gellenhidi
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March 08, 2019, 04:48:52 PM |
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In general, you can really say that most people think that way, although it may not be so. I just think that the cryptocurrency market simply cannot do without altcoins, because it would be wrong, this is no longer decentralization.
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kevinzxz
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March 08, 2019, 05:58:51 PM Last edit: March 08, 2019, 06:08:59 PM by kevinzxz |
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maybe, because the king of all coins is Bitcoin, so in my opinion if the price of Bitcoin up then altcoin price will also grow up, because from the experience that has happened (2017), Bitcoin price affects the altcoin price, if Bitcoin price rises then altcoin price also rises, but if the price of Bitcoin down then altcoin price also goes down.
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arimamib
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March 08, 2019, 06:07:01 PM |
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In general, you can really say that most people think that way, although it may not be so. I just think that the cryptocurrency market simply cannot do without altcoins, because it would be wrong, this is no longer decentralization.
because you think they are interrelated and I think that too because the role of altcoin might be valued by the developments that exist and with that development people will be interested in crypto and will definitely be interested in bitcoin.
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Oceat
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March 08, 2019, 06:24:36 PM |
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For OP, I don't know if you get a shitcoins or a legit coin which is in the top list of CMC. Well, you don't have to worry if it is still active in trading but if not then you probably get a shit coin which is used for pump and dump for most ICO. In general, you can really say that most people think that way, although it may not be so. I just think that the cryptocurrency market simply cannot do without altcoins, because it would be wrong, this is no longer decentralization.
Well, I guess you were right but a creation of too many altcoins is just too much for new investors especially the existing ones. Though we have a list of top coins which is high in volume and people prefer to use and invest them because they have the potential to grow in the future.
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3996
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thefoex
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March 08, 2019, 06:28:20 PM |
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not that easy, when bitcoin rises not all coins will rise. all there is a process but in the end when the marketcap has gone up the altcoin price will definitely increase.
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moynul2050 (OP)
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March 09, 2019, 12:30:22 PM |
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For OP, I don't know if you get a shitcoins or a legit coin which is in the top list of CMC. Well, you don't have to worry if it is still active in trading but if not then you probably get a shit coin which is used for pump and dump for most ICO.
yes I actually have confidence because they already exist in CMC, so I still have hope, but I feel scared because some of the coins I have have no trading volume on some exchangers.
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redsun114
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March 10, 2019, 11:40:13 AM |
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In general, yes, I think that it makes sense to really talk about the fact that today a very large number of people are trying to buy what is on the market today. But in spite of all this, people today do not understand as soon as BTC prices go up.
If you treat this is a form of digital currency and look at the benefits you could possibly make, you would see how useful it is to own Bitcoin. People are merely treating it as a source of income which is not the only thing Bitcoin is all about. In this time, digital economy is expanding with its worth nearly more than three trillion USD and it requires you to own the digital currency if you want to be part of it.
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Utuhikan
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March 10, 2019, 12:05:37 PM |
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The coins you have are very likely to be valuable in the market. But it is a little difficult to achieve a good position in the market. Who can determine which coin is more valuable in the market is the benefit that the coin brings. If the coin really provides benefits, I am sure that its position in the market will improve quickly, but if the technology of the coin is only a duplicate of the previous altcoin, it is very difficult for the coin to have a good position in the market.
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acholagi
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March 10, 2019, 12:31:26 PM |
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not that easy, when bitcoin rises not all coins will rise. all there is a process but in the end when the marketcap has gone up the altcoin price will definitely increase.
The positive and the increase of bitcoin will give a pretty good effect, including at this time where prices have not yet increased should the market be able to start to rise to be able to benefit
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trumplove
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March 10, 2019, 01:20:38 PM |
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not that easy, when bitcoin rises not all coins will rise. all there is a process but in the end when the marketcap has gone up the altcoin price will definitely increase.
The positive and the increase of bitcoin will give a pretty good effect, including at this time where prices have not yet increased should the market be able to start to rise to be able to benefit effect or not if we observe Bitcoin going up and Altcoin going up too, indeed market movements and coin values are influenced by the number of requests on the market so that the value changes. but all that cannot be a benchmark because they do not have to follow it.
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jerrison
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March 10, 2019, 01:28:52 PM |
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certain features in the blockchain technology has already been tied to the bitcoin itself most especially the price and reference value of the tokens and other blockchain payment systems and their internal currency. so when bitcoin reference price appreciates then the price of all other coins that takes it as a trading pair and a ref point also appreciates.
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Lpim01
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March 10, 2019, 01:35:42 PM |
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not that easy, when bitcoin rises not all coins will rise. all there is a process but in the end when the marketcap has gone up the altcoin price will definitely increase.
The positive and the increase of bitcoin will give a pretty good effect, including at this time where prices have not yet increased should the market be able to start to rise to be able to benefit effect or not if we observe Bitcoin going up and Altcoin going up too, indeed market movements and coin values are influenced by the number of requests on the market so that the value changes. but all that cannot be a benchmark because they do not have to follow it. That is we actually observe for the past years and that is some basis for the market movement. As we all knew that altcoins were still depending on the bitcoin's demand thus prices may varies for every move of BTC. Though we look for the independent market of altcoins but it seems to be hard and it possibly happen when crypto will finally legalize as a form of currency.
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Vispilio
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March 10, 2019, 01:37:07 PM |
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If you want a safe option of what to hold during the next bull run, BTC and ETH can be your top 2 choices.
Both of these coins have survived the Crypto Winter with increased reach, security and anti-fragility.
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