Youghoor
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July 28, 2019, 11:27:39 PM |
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The altcoin market is a very slow market and it is greatly influenced by Bitcoin. In as much that an increase in Bitcoin's price does not really automatically affect that of the altcoin market does not specifically mean that Bitcoin has no influence on altcoins. The raise in altcoin market is very slow and the bitcoin influences altcoins in a smaller margin.
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nowlscor18
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July 28, 2019, 11:34:58 PM |
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When bitcoin price increasess, altcoin decreases. When bitcoin price decreases, altcoin decreases as well. In both case, altcoin suffers. When does altcoin price increases? Why market follow this behavior? Please share constructive reason behind this.
in my opinion we will never know market situation and when altcoin price increases, because market always gives us a surprise, therefore I suggest you to buy more altcoin when the price down and hold it, because I'm sure someday there will definitely be a time for altcoin price to increase very high (bull run) and give you a very big profit. If you expected bull run to commence, of course there's should be a profitable price of every coins. Demand really helpful to attain an expensive price for an altcoin. Once this happened many investors will begun to buy and hold promising alts, and panic will be suppressed.
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fuer44
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July 29, 2019, 12:03:11 AM |
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bitcoin and altcoin are not one another, not interrelated. if anyone says they are related, that is just a coincidence. so, bitcoin determines its own value, while altcoin also determines its own value.
bitcoin has its own market cap, altcoin too. only, an increase or decrease in the trading volume of altcoin, could be influenced by bitcoin because of the widespread popularity of coins in the market.
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glendall
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July 29, 2019, 12:46:26 AM |
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First, altcoin has its own time to go up, in many cases, altcoin will go up when BTC experiences a sideway. second, why btc rises altcoin down, and even btc goes down altcoin also goes down, this is because the market is playing on BTC, so many people choose BTC at that time rather than altcoin, so it's natural that altcoin goes down under any circumstances, this can be proven by the BTC dominance above 60%.
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silversurfer1958
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July 29, 2019, 07:01:55 AM |
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When bitcoin price increasess, altcoin decreases. When bitcoin price decreases, altcoin decreases as well. In both case, altcoin suffers. When does altcoin price increases? Why market follow this behavior? Please share constructive reason behind this.
The price of alts only increases when Bitcoin dominance reaches its peak (70% - 75%). After that, the market will start to have a correction toward the alts. because sharks find the BTC price high and they will sell Bitcoin to buy more alts at cheaper prices. That is how the market has been operating for the past few years. So, wait more to buy alts at a good price. I think the alts are still dump in the next time.
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Bang El
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July 29, 2019, 07:18:37 AM |
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When bitcoin price increasess, altcoin decreases. When bitcoin price decreases, altcoin decreases as well. In both case, altcoin suffers. When does altcoin price increases? Why market follow this behavior? Please share constructive reason behind this.
I don't think all altcoins are like that, because some alternative coins also increase when bitcoin increases or vice versa,and some altcoins may follow bitcoin when they decline and when the altcoin rises it doesn't increase at all
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Insomnia family
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July 29, 2019, 07:32:11 AM |
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When bitcoin price increasess, altcoin decreases. When bitcoin price decreases, altcoin decreases as well. In both case, altcoin suffers. When does altcoin price increases? Why market follow this behavior? Please share constructive reason behind this.
I don't think all altcoins are like that, because some alternative coins also increase when bitcoin increases or vice versa,and some altcoins may follow bitcoin when they decline and when the altcoin rises it doesn't increase at all actually not all altcoins follow the price movements of bitcoin, in fact when bitcoin increases only the closest altcoins feel the effect. but I'm sure there are still some altcoins out there that we don't know can increase when the price of bitcoin rises or falls. it's just that the increase is not too significant
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kissme09
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July 29, 2019, 08:54:34 AM |
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Bitcoin prices always affect the trend of Altcoin, which is one of Bitcoin's negative influences on the entire Cryptocurrency market that I fear. The altcoin has a low price that quickly increases sharply in a short time, but if Bitcoin can make it plummet in a short time if the price of Bitcoin increases.
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Rikotin
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July 29, 2019, 09:01:07 AM |
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some altcoins on the market don't always follow the trend of bitcoin prices maybe just a few. positive news / support from the public greatly affects the increase in the price of bitcoin. if altcoin might depend on the adoption of the altcoin.
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ansarose1
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July 29, 2019, 09:06:37 AM |
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For me, it is not always like that, say for example if bitcoin price increases there are possibillities that altcoins would also increase if they show good market activity along with the pumping price of bitcoin, or if there are many investors would buy such altcoins then the volume would increase and also its price.
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Vaskiy
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July 29, 2019, 09:12:43 AM |
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There is no specific time period for the altcoins to get pushed forward reaching big as 2017. As the bitcoin market is gaining support around $9500 it takes little time to cross $10000. Following the rise of bitcoin we can expect the price of altcoins to increase to some level.
Above this for a bigger level of growth it takes time. Importantly the year 2020 is much important for this. I expect the growth of altcoins in large scale to happen once after the update for ethereum is done by the beginning of the year and halving which is scheduled for the middle of the year.
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passwordnow
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July 29, 2019, 09:45:10 AM |
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I've read an explanation about this before and no pattern that can be found about the fluctuations of each market, altcoin and bitcoin. The triggering effect of bitcoin to alts can't really have no certain reason. We can assume that it's due to the people who are transferring their alts to bitcoin and if the effect starts to go on the opposite side, think of vice versa. The difficulty on how to read the motion of the market is high whether you are experienced or not.
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Deborah Christine
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August 27, 2019, 10:36:53 AM |
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No one can know for sure when the price of bitcoin will rise. all predictions are not 100% correct. as long as bitcoin is not stable, altcoin prices might not be able to go up.
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SanZoldyck
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August 27, 2019, 11:22:50 AM |
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altcoin is unbalanced and follows fever and trends while bitcoin follows the latest news from countries that legalize bitcoin
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jack wira
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August 27, 2019, 11:46:43 AM |
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When bitcoin goes up sometimes the price of altcoin is still in a bad position. This certainly becomes a problem for all of us, if I think bitcoin is very easy to rise because it follows the positive news flow and vice versa, but altcoin depends on certain projects that can affect the price, for example a project that is well managed then the price of the coin will be good, and altcoin also affects a lot of interest from investors, so it's very different from bitcoin.
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Babyrica0226
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August 28, 2019, 01:54:16 PM |
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I do not know why, but after the price increase in 2017, the Altcoins lost their momentum and still do not have the fuel to go up. I hope the situation will change in the near future. I have investments in some projects I believe in.
None of us here know when altcoins will get kick its price value in the market. Its too difficult to determine when will gonna be happen anyway, though according to other bitcoin was already in bull run stage, but this year is not the same what happen during 2017 were when Bitcoin face bull run then altcoins market was also kciked their price too.
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jumiapaul
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August 28, 2019, 01:58:52 PM |
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When bitcoin price increasess, altcoin decreases. When bitcoin price decreases, altcoin decreases as well. In both case, altcoin suffers. When does altcoin price increases? Why market follow this behavior? Please share constructive reason behind this.
In my opinion, this idea of Bitcoin and altcoin disparity is not consistent. The market is volatile and the movement of altcoin and Bitcoin are dependent on the project or token in question and not a wholesome thing. Atimes the increasing value affect both the altcoin and Bitcoin which is the case in a bullish season.
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taufik0911
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August 28, 2019, 03:18:45 PM |
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just wait, that moment will surely happen again but who knows when because of the problem of rising prices no one can predict it and almost 80% of predictions about the price increase is not accurate either how to predict it through chart analysis and others
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Marckolind
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August 28, 2019, 03:52:50 PM |
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Greed will move the altcoin markets again eventually. This long bear market will make people capitulate near the bottom to move their funds into BTC, when the vast majority of people have sold to BTC, you'll see altcoins start to perform again, the whales will buy all your bags at a 99% discount, and will again make hundreds, or even thousands of BTC in return. Don't think we'll see a year like 2017 again anytime soon, but when the major altcoin projects starts to release their products, I have no doubt in my mind that we'll see some great movements again. The hype train seems to be long gone, people have lost confidence (for now) in the altcoin market, but greed will turn back, don't even worry about that. Personally I've diversified a small part of my BTC stack into LINK, ADA, and XSN. XSN being the most undervalued of all of them by a long shot. TPOS - Trustless Proof Of Stake Stakenet was the inventor of TPOS, which gives you the option to stake your coins trustlessly (offline) through a merchant who'll take a fee for doing so. (You can be your own merchant if you setup a VPS for it). Hardware Device: VIPER Stakenet is supported by Ledger, Trezor, and Xeeda, but despite the fact that they are nice hardware wallets, Stakenet aims to build an even better one. See the their roadmap for more info on that. Stakenet.io - Online Staking Platform, Masternode Monitor, and Masternode As A Service Platform Stakenet aims to make staking easy for the average newbie, providing a service where you can store your XSN on their website. This is a centralized solution, and it's strongly adviced that you only keep small amounts here. From here you can Stake XSN, PIVX, and Stratis (More POS coins coming) Besides that you can monitor your Masternodes, which means you'll get an email if one of your nodes goes down (extremely handy btw). You can also use their "Masternode As A Service" platform to host your masternodes on, while still having control over your coins. (They just setup a VPS for you, makes it easy to setup a masternode, even for a complete beginner to crypto). Lightning TransactionsStakenet was the 3rd project worldwide to implement lightning on mainnet. (Right after BTC/LTC), and they even helped the Litecoin developers with the final lightning integration. Source: https://litecoin.com/en/news/litecoin-foundation-x9-devs-partner-to-support-ltcd-and-lightning-networkMarketcap Total marketcap of XSN right now is below $7 Million. Upside potential is massive on this one. Apart from all of this, they also plan to work on Cross Chain Proof Of Stake (Stake XSN, Get your rewards in LTC/BTC/DASH or whatever you choose). Their DEX aggregator, Mobile Wallet, Multi Currency Light Wallet with inbuilt Lightning Swaps and TOR integration
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coin-investor
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August 29, 2019, 11:33:45 AM |
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When bitcoin price increasess, altcoin decreases. When bitcoin price decreases, altcoin decreases as well. In both case, altcoin suffers. When does altcoin price increases? Why market follow this behavior? Please share constructive reason behind this.
This is because of Bitcoin's dominance in the market which according to one study already reaches 90%, many investors and traders are now converting their nonperforming altcoins to Bitcoin, because of its strong showing or performance in the market, another one is the life span of the majority of altcoins are shorter. if they see slow movement, they will do an exit and convert all those coins to Bitcoin, while looking for another altcoin to invest. Not all altcoins price will increase, because investors are now more focus on Bitcoin, only altcoins will good concept and community support will be the exception.
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