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Author Topic: only the price of Bitcoin is increasing?  (Read 1740 times)
michellee
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May 09, 2019, 07:41:07 AM
 #21

Finally, we see the bitcoin price break $6000. The altcoin is following bitcoin, and with the increasing of the bitcoin price, some of the altcoins increases too. You can see at the market, there are a lot of altcoin preparing to break the higher price but the other altcoin still on, the lower price and it seems, the altcoin is waiting for a good moment to increase.

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May 09, 2019, 08:07:06 AM
 #22

Yeah I know it hurts but before btc shows this bull rally, some of the altcoins were increasing in a value and I was expecting that most of the top coins would so the same but it did not. Maybe the same scenario will happen like when btc stopped its bull run, altcoins are going to do the same after so let's better hope for that.
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May 09, 2019, 08:39:48 AM
 #23

as we see, the price of Bitcoin starts to grow and soon the price of Bitcoin will reach $ 6000 or even more than that, but what is happening now is the price of other cryptocurrency does not increase when the price of Bitcoin increases, because usually the price of other cryptocurrency will increase also when the price of Bitcoin increases, so what do you think is happening now? does the price of Bitcoin not affect for the price of other cryptocurrency again?

Bitcoin's price increase is just a pinch of bread and its maybe the reason why altcoins are still not affected by it. I believe that bitcoin and other alts are pricw related but i dont think it will move with just a $2K difference since the bottom $4K.

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CryptoBry
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May 09, 2019, 08:44:14 AM
 #24

as we see, the price of Bitcoin starts to grow and soon the price of Bitcoin will reach $ 6000 or even more than that, but what is happening now is the price of other cryptocurrency does not increase when the price of Bitcoin increases, because usually the price of other cryptocurrency will increase also when the price of Bitcoin increases, so what do you think is happening now? does the price of Bitcoin not affect for the price of other cryptocurrency again?

There are some coins that are also positively moving but generally speaking the altcoins are not getting benefited with the upward movement of Bitcoin. This can mean that the marketplace is now focusing too much on Bitcoin and so far there is no marked spillover unlike what we had seen in 2017 where almost all coins and tokens including many shitcoins were rejoicing. Now, does it mean that altcoins have already lost their luster and that investors are now getting wiser?  Let's see in the coming weeks how things will be unfolding.
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May 09, 2019, 09:42:08 AM
 #25

Bitcoin prices are currently rising and will increase in the future. I believe in bitcoin and blockchain technology!!!
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May 09, 2019, 09:48:00 AM
 #26

as we see, the price of Bitcoin starts to grow and soon the price of Bitcoin will reach $ 6000 or even more than that, but what is happening now is the price of other cryptocurrency does not increase when the price of Bitcoin increases, because usually the price of other cryptocurrency will increase also when the price of Bitcoin increases, so what do you think is happening now? does the price of Bitcoin not affect for the price of other cryptocurrency again?

It's not easy to say that the price of other cryptocurrency will increase if Bitcoin will do. Since they have different usage, then they should have different movement in the market in accordance to the supply and demand of each coins.

joshy23
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May 09, 2019, 10:44:31 AM
 #27

as we see, the price of Bitcoin starts to grow and soon the price of Bitcoin will reach $ 6000 or even more than that, but what is happening now is the price of other cryptocurrency does not increase when the price of Bitcoin increases, because usually the price of other cryptocurrency will increase also when the price of Bitcoin increases, so what do you think is happening now? does the price of Bitcoin not affect for the price of other cryptocurrency again?

It's not easy to say that the price of other cryptocurrency will increase if Bitcoin will do. Since they have different usage, then they should have different movement in the market in accordance to the supply and demand of each coins.
Well said, the demands will be the turning factors in order to get a good hype from those supporters who's believing about the industry, the venue of investment will be classified when a certain project have a good of audience who'll support the progress to achieved success not just to relied with bitcoin .
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May 09, 2019, 11:08:28 AM
 #28

don't expect all coin price to increase because of btc price increase , only good project price raise can be expected , you need good projects if all shit coin price would increase then everyone will be rich
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May 09, 2019, 11:28:05 AM
 #29

People basically will always be looking the way how to make profit in trading and if the particular coins price were increasing such as bitcoin today i think they will more concern to watching bitcoin price chart because lately to get profit from bitcoin trading looks promising and normally they will not hold altcoins and went for bitcoin only even if supposse can they will sold their altcoins to bought more bitcoin i think that's why when bitcoin price increase it was not following to altcoins price

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May 09, 2019, 11:36:32 AM
 #30

I think the main reason is that, people are pulling their assets from Altcoins and dumping it to Bitcoin as it is increasing. When Bitcoin starts to drop, we might see people who will pull out from bitcoin and dump their assets to alts.
This is not the exact reason for it.

When bitcoin starts to get a price pump the trust on the whole cryptocurrency is increasing and thats the beginning of alts to increase their prices too, It is not becuase they dump bitcoin and go to alts instead.  Smiley
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May 09, 2019, 11:43:10 AM
 #31

I think btc will slow down then consolidate and let alts pump before go lower. maybe take few weeks to occur.

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May 09, 2019, 11:59:45 AM
 #32

as we see, the price of Bitcoin starts to grow and soon the price of Bitcoin will reach $ 6000 or even more than that, but what is happening now is the price of other cryptocurrency does not increase when the price of Bitcoin increases, because usually the price of other cryptocurrency will increase also when the price of Bitcoin increases, so what do you think is happening now? does the price of Bitcoin not affect for the price of other cryptocurrency again?


What do you see ? I think you should try to re-examine the history of crypto trading, especially bitcoin.
bitcoin is very binding on the crypto market and this certainly influences movement for other altcoins. but not all
I think there is no significant growth that will occur for the altcoin before bitcoin is really stable
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May 09, 2019, 12:03:07 PM
 #33

Finally, we see the bitcoin price break $6000. The altcoin is following bitcoin, and with the increasing of the bitcoin price, some of the altcoins increases too. You can see at the market, there are a lot of altcoin preparing to break the higher price but the other altcoin still on, the lower price and it seems, the altcoin is waiting for a good moment to increase.

Bitcoin is simply the first one to start this race. Now, I suppose that there will be a breakthrough in the market. Cryptocurrencies must fasten their speed. At least, the probability of it is high.
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May 09, 2019, 12:16:00 PM
 #34

I think the obvious reason is that bitcoin price tend to increase in this current market condition because people are selling their altcoins to buy bitcoin, it means no new money is getting in. When bitcoin price is increasing as well as the altcoins, it means new money is getting in.

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May 09, 2019, 12:22:54 PM
 #35

Simply because investors are shifting their funds to bitcoin from altcoin market. You will also noticed that the marketcap is not moving that big which also tell us that constant moving of assets are going on and smart investors knows that bitcoin is the right to invest at this point.

This is I think the reasonable answer for that. Most of the investors are selling their altcoins to buy bitcoin because we all know that the market performs bull trend. I also wonder how could this happen since most of my hodl altcoins were on red but btc's in green. Somehow I just hope that they will still follow the bull trend
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May 09, 2019, 12:42:58 PM
 #36

AFAIK You need to know that all ALT have their own prices, indeed it all depends on increasing BTC but ALT has different team and interested parties which is why differences exist. You must also know that when BTC rises and ALT down its likely that traders will benefit from the increase in BTC, don't worry but you must to get the benefits from all.

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May 09, 2019, 01:07:11 PM
 #37

as we see, the price of Bitcoin starts to grow and soon the price of Bitcoin will reach $ 6000 or even more than that, but what is happening now is the price of other cryptocurrency does not increase when the price of Bitcoin increases, because usually the price of other cryptocurrency will increase also when the price of Bitcoin increases, so what do you think is happening now? does the price of Bitcoin not affect for the price of other cryptocurrency again?

I think the main reason is that, people are pulling their assets from Altcoins and dumping it to Bitcoin as it is increasing. When Bitcoin starts to drop, we might see people who will pull out from bitcoin and dump their assets to alts.
Yups thats it,just like me i have pulled half of my altcoins investment and put all in bitcoin as i see the future ia lying on this number 1 coin

I think the obvious reason is that bitcoin price tend to increase in this current market condition because people are selling their altcoins to buy bitcoin, it means no new money is getting in. When bitcoin price is increasing as well as the altcoins, it means new money is getting in.
Because we are.tired of waiting in altcoins and we see the great.movements in bitcoin because in the long run we can also buy back in alts when the.market stabilize
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May 09, 2019, 01:10:45 PM
 #38

it is the altcoin creation trend that has shaped in the past couple of years that has led to this type of situation in the market. for years the only altcoins we keep seeing is altcoins that are created with one purpose and that is to be pumped and dumped. so it is obvious that nobody has any faith in their future when it comes to long term and in comparison to bitcoin. they all dump them to come back to bitcoin immediately because nobody wants to miss out.

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May 09, 2019, 01:27:57 PM
 #39

Well I'm not really good in trading and I know in myself that I'm not professional to this but I want to share my opinion and also learn from all of you, I think the reason why the the other cryptocurrency are not increasing is that most of the users are focused on investing to Bitcoin because of its trend. Do you think it's right? or It's just my assumption.

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May 09, 2019, 02:15:22 PM
 #40

because bitcoin is more promising for the long term, so when prices rise many people sell several altcoins for investment in bitcoin, hoping to keep going up and get more profit
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