what's your view of BTC stable while altcoin pumpin?

[bitewang]

In the past few days, btc has been hovering around 7800 usd, and all the altcoins have begun to rise. What is the reason for this?

[Adriano2010]

Well bitcoin not was so stable, but i think the altcoin grow because people start buy some altcoins and i think they bring new money and not convert their bitcoin for altcoins, but i think we are still far from a bull run.

[jjjfff]

The definitions of stable have been updated?

Bitcoin has just swung over 100% in a couple of months.

That's not being stable at all.

It was predictable that after BTC other altcoins would pump.

I think BAT for instance is ripe for a major pump soon.

[maydna]

In the past few days, btc has been hovering around 7800 usd, and all the altcoins have begun to rise. What is the reason for this?

I guess there is no exact reason why bitcoin price has up and down many times, and it's happening in every day. The altcoin will follow wherever bitcoin moves and many of them still increase even if bitcoin price is down. But some of the altcoins will following bitcoin to get down and waiting for the next moment to increase again. And now, bitcoin price has increased again and the altcoin following to increase too, and we see the market will make another green candle again.

[DeepChipolino]

As BTC began to consolidate, this means that some traders take profits. Perhaps part of the profit goes to altcoins, which creates a rise in prices. This is hardly new money, because there is not so much hype for attracting new money.

[jvdp]

In the past few days, btc has been hovering around 7800 usd, and all the altcoins have begun to rise. What is the reason for this?

Bitcoin value fluctuating in the marketplace and seems grabbing good value in coming days.

I wish bitcoin should not be stable at all.
This coin always needs to grow in the market and we need to have the market volume and demand should play big role to increase the price and we all need to grow the value.

[tsaroz]

In the past few days, btc has been hovering around 7800 usd, and all the altcoins have begun to rise. What is the reason for this?

Such things happen for a shorter time. Bitcoin always leads on change on every bull and bear market and as its price gets stable, rapid change starts in altcoins. One of the reasons for it might be the bitcoin acting as the main currency pair. When bitcoin is increasing, people don't buy alts with bitcoin but while it gets stable, they start buying altcoins and vice versa.

[joshy23]

In the past few days, btc has been hovering around 7800 usd, and all the altcoins have begun to rise. What is the reason for this?

Investors diverting their assets making some movements that will allow their investment to grow by playing with respective Alts that they've seeing potentials, a good way to make your Bitcoin grow is by reinvesting it to alts and move it back when Bitcoin start to mooning again.

[gensol]

To me I don't see the price of BTC as being stable alts I have in my bag such as PTOY, SRN, HMQ and GO hasn't made any significant move in price for days now. If Alts are to pump, Btc rally needs to stabilize as has always been the process.

[pawanjain]

BTC is not so stable as you mention here. The price has been fluctuating from $7500 to $8000. Though this movement is continuous from past few days I wouldn't call it to be stable.
BTC has just started gaining momentum and had faced a minor correction now. It surely needs time before it could start the next rally.
From bitcoin's history we could make out that it has faced a correction every time when a bull run has occurred . The altcoin's are pumping because the traders are moving from and into it simultaneously.
While some traders are selling btc to buy back alts at less price some are moving money from fiat to btc and btc to altcoins.
May be this is the reason why BTC is fluctuating between $7500 - $8000 and the alts are pumping.

[kingpin4321]

That's the nature of cryptocurrency market it's can be unpredictable, but in checking the market now bitcoin seems to have started increasing and has beating the $8k mark this can still go the negative side in the next minute or even a higher positive side

[anobtc]

You understand part of the rules of this market. Because almost altcoins only have trading pair with BTC, their prices depend very much on the price of BTC. Therefore, only when the BTC price is stable, Altcoins will pump.

[poornamelessme]

I'm not entirely sure what the OP is even referring to. BTC hasn't exactly been stable and alt season
hasn't really arrived yet.

Alts go up when btc goes up, in fiat, due to alts being tied to btc value in most markets. But that's common
sense. When btc is truly stable is when alts hopefully do their own bull run and outpace btc.

[cryp24x]

Stable? When does Bitcoin became stable? Well, that was so uncommon scenario if that really happens to Bitcoin. As far as I know, Bitcoin and Altcoins were known for its volatility. I think, you can't just recognize the movement in Bitcoin because compared to Altcoin, Bitcoin have larger value so the difference of the change is quite little in term of figures.

[Surrapatt]

A very logical reason is that many investors have started to buy BTC and some altcoins, so the price increase movement is very visible, because not all altcoins have the same increase.

[raden1922]

I think that as prices continue to improve in the crypto market, the altcoin price also rises. While Bitcoin also starts to rise above the price of $ 8000. There is nothing strange when the market is green like now, because the bear season has passed. Welcome to bullrun.

[peter0425]

In the past few days, btc has been hovering around 7800 usd, and all the altcoins have begun to rise. What is the reason for this?

Lots of pump-and-dump on altcoin market while bitcoin remains calm and waiting for another break out run. And speaking of run, it looks like the price goes above $8k again. It's a good indication that we are still in the bullish trend. So altcoin market is also benefiting from it, which is good but don't be reckless though, you might get REKT, just saying.

[melomanskiy]

They simply did not initially expect such a sharp rise in Bitcoin and did not have time for its pace. Now they are starting to catch up with their course on Bitcoin. So all is well)

[Leyss]

Altcoins do not always accurately copy bitcoin movements. They are sometimes late and this is practically commonplace. Some altcoins sometimes behave non-standardly for a while. Therefore, you should not be surprised. Now Bitcoin has again begun to grow in price, once again it has overcome the barrier of $ 8,000 and almost all the Altcoins turned green again. Most likely, this time it will reach 9000 dollars.

[novy]

This sentence makes sense only for a short period of time. BTC stays stable not more than for a week, especially right now, the price is jumping +-500$. This means we have short altseasons.