Bitcoin Tide Lifting All Altcoins Boats

[joshy23]

The Bitcoin tide has lifted all altcoins boats today, but Bitcoin SV (BSV) price was gaining even when the sea was all red. Anyone knows why? 

Its just normal market reaction to me, few new coins added big value when bitcoin did the 32% recovery days back, it shows that if bitcoin manages to reach a new All Time High then altcoins will surely benefits, instead of BSV i think bitcoincash is way better

Also, chance that it's the team behind or whales who are supporting this project creates artificial movement and carry the price to rise up. It's need to assess much closer to avoid being trapped. With the volatility and unpredictable market movements, make sure to find good reason why the value of project is moving. Don't rush things out and never to blindly invest with something you aren't sure.

[1715596348]

1715596348

[1715596348]

1715596348

[atjiat]

The Bitcoin tide has lifted all altcoins boats today, but Bitcoin SV (BSV) price was gaining even when the sea was all red. Anyone knows why? 

Its just normal market reaction to me, few new coins added big value when bitcoin did the 32% recovery days back, it shows that if bitcoin manages to reach a new All Time High then altcoins will surely benefits, instead of BSV i think bitcoincash is way better

Also, chance that it's the team behind or whales who are supporting this project creates artificial movement and carry the price to rise up. It's need to assess much closer to avoid being trapped. With the volatility and unpredictable market movements, make sure to find good reason why the value of project is moving. Don't rush things out and never to blindly invest with something you aren't sure.

In any case, the situation on the cryptocurrency market is still very alarming and it is very difficult to explain what is happening, and even more so to predict the near future is impossible.  Nevertheless, they are active in Ethereum and Bitcoin are less risky, and I also am wary of investing in other projects today, because I suspect certain manipulations.

[albrots]

Craig Wright is not only involved with Bitcoin SV. He is the center of Bitcoin SV. If the apple is rotten at the core, there is no way it will retain its glow. Look at how foolish Craig Wright appears to the crypto community. He looks desperate and like a kid who is short of attention. Does anybody think the real Satoshi is as desperate for attention as this man? What will you expect then from the project this man is owning? I am even wondering why Bitcoin SV is still in the top 10 when it is clearly a shitcoin.

Their community support is also strong so that it remains in the top 10 Altcoin at this time. The developer is also always active and doing some updates. It is very regrettable when Craig Wright's attitude does not reflect a scientist. Even in his claim as the creator of bitcoin he attaches a lot of evidence that he thinks is correct.

One reddit user even mentioned David Kleiman as Satoshi Nakamoto which was more likely because David Kleiman had published the text in the same vein as Satoshi Nakamoto wrote in an Email. David Kleiman himself is a colleague of Craig Wright. until now all was only speculation, waiting for authentic evidence to be published.

[alexsandria]

The Bitcoin tide has lifted all altcoins boats today, but Bitcoin SV (BSV) price was gaining even when the sea was all red. Anyone knows why? 

Not quite sure with this. But they were all made out of hard fork. Or may be on the away around masses were into certain alts in which you notice. Besides, Bitcoin SV features were all favored for miners so maybe miners majority of it are all into Bitcoin SV, so, even the market downfall doesn't have a huge impact to Bitcoin SV.

[Bitcoinjheta]

The Bitcoin tide has lifted all altcoins boats today, but Bitcoin SV (BSV) price was gaining even when the sea was all red. Anyone knows why? 

Its just normal market reaction to me, few new coins added big value when bitcoin did the 32% recovery days back, it shows that if bitcoin manages to reach a new All Time High then altcoins will surely benefits, instead of BSV i think bitcoincash is way better

Also, chance that it's the team behind or whales who are supporting this project creates artificial movement and carry the price to rise up. It's need to assess much closer to avoid being trapped. With the volatility and unpredictable market movements, make sure to find good reason why the value of project is moving. Don't rush things out and never to blindly invest with something you aren't sure.

In any case, the situation on the cryptocurrency market is still very alarming and it is very difficult to explain what is happening, and even more so to predict the near future is impossible.  Nevertheless, they are active in Ethereum and Bitcoin are less risky, and I also am wary of investing in other projects today, because I suspect certain manipulations.

Yeah, its true that market are very difficult to explained but i don't have any doubt that there is a certain manipulation in todays trend because we don't have any evidence that causing the market pointedly drop in manipulating the price.

[bohr]

The Bitcoin tide has lifted all altcoins boats today, but Bitcoin SV (BSV) price was gaining even when the sea was all red. Anyone knows why?  

I know we all have an inherent desire to know why things happen but at some point you need to be willing to let go of things and accept that some stuff just happened because of the random nature of the markets, when there are as many coins as we have in the market some coins will behave in a slightly different way than the other coins and will present greater profits or greater losses, there is nothing really special about bitcoin SV and you should stop looking for any answer.

[Ararbermas]

Actually bitcoin always influence some of the altcoins in the market. But it still uncertain if will make a progress constantly while bitcoin keep crawling . Because you know there's always a factor that keep pulling alts after small bump .wherein even before due to some greedy whales within the market. So don't assume too much when there's a pump in some altcoin. And monitor the growth rate as well to prevent regrets. Its very unpredictable TBH if you just relying on bitcoin. Because not all the time bitcoin can help alts to recover quickly. So be smart enough when there's a pump in the market. Dont ever wait for more results because once it fluctuate it will continue to crawl back to the button stage .

[tenakha]

I know we all have an inherent desire to know why things happen but at some point you need to be willing to let go of things and accept that some stuff just happened because of the random nature of the markets, when there are as many coins as we have in the market some coins will behave in a slightly different way than the other coins and will present greater profits or greater losses, there is nothing really special about bitcoin SV and you should stop looking for any answer.

When BSV gained "popularity" a few months ago, the incessant increase in price could actually be the answer to this question. When the price had to go down, it moved in the opposite direction, and I do not think it was due to the naturalness of the market. I think that this increase is due to the intervention from the external powers. Maybe I am not right in my opinion, but frankly, I have not seen anyone supporting it in a long time.

[Wysi]

Actually bitcoin always influence some of the altcoins in the market. But it still uncertain if will make a progress constantly while bitcoin keep crawling . Because you know there's always a factor that keep pulling alts after small bump .wherein even before due to some greedy whales within the market. So don't assume too much when there's a pump in some altcoin. And monitor the growth rate as well to prevent regrets. Its very unpredictable TBH if you just relying on bitcoin. Because not all the time bitcoin can help alts to recover quickly. So be smart enough when there's a pump in the market. Dont ever wait for more results because once it fluctuate it will continue to crawl back to the button stage .

That's what we call upfront response, I have similar opinion as bitcoin used to carry other altcoins ahead during pump but this cannot happen everytime as we have 3053 cryptos listed in coinmarketcap right now and bitcoin's influence on other coins is gradually reduced. Now any further pump or dump of altcoin will be purely based on the servies it has to offer the crypto world, it will not be a smart move to jump into a conclusion and make any move just with speculations and last few day's market trend.

[alphaboon]

It is on a retreat down below $9000. One big problem about bitcoin is how fast it jumps up or down. Even you posted your thread until now it is already revising

[Wysi]

It is on a retreat down below $9000. One big problem about bitcoin is how fast it jumps up or down. Even you posted your thread until now it is already revising

Well that's something which is common when it comes to Bitcoin and crypto currency I am sure it will rose up again just like it did last time I hope you remember it was down to $7400 before pumping up to $10000 and setting somewhere around $9000, we might see frequent fluctuations until halving which will decide if there will be a bull run or not.

[slaman29]

Unfortunately, when the Bitcoin tide goes out, then the altcoin boats also follow it out to sea, why can't they just get stranded high up on the beach right?

But we all know almost everything in crypto relies on Bitcoin, and will continue to do so for at least 5 to 10 more years. Time for us to get on with the program!

[Beparanf]

Unfortunately, when the Bitcoin tide goes out, then the altcoin boats also follow it out to sea, why can't they just get stranded high up on the beach right?

But we all know almost everything in crypto relies on Bitcoin, and will continue to do so for at least 5 to 10 more years. Time for us to get on with the program!

It's been the trend that when bitcoin dips other alts dips too. While some may still be in green it doesn't mean they shift to that coin, some that still in green might have developing update that were not able to join in the sea. When I sell BTC I just may convert it to fiat or park in other investment vehicles as I wait for the time to collect more again laters.

[calandra78]

Unfortunately, when the Bitcoin tide goes out, then the altcoin boats also follow it out to sea, why can't they just get stranded high up on the beach right?

But we all know almost everything in crypto relies on Bitcoin, and will continue to do so for at least 5 to 10 more years. Time for us to get on with the program!

It's been the trend that when bitcoin dips other alts dips too. While some may still be in green it doesn't mean they shift to that coin, some that still in green might have developing update that were not able to join in the sea. When I sell BTC I just may convert it to fiat or park in other investment vehicles as I wait for the time to collect more again laters.

but that trend in the crypto market has changed. many of the investors and traders now choose to sell their BTC for stable assets such as USDT. altcoin growth will be disrupted if bitcoin has a very high trading dominance. as happened this year, we can see how bitcoin makes pumps and altcoin not move much. now we are waiting for the growth of the market together with both bitcoin and altcoin. but that won't be easy, the market needs a big boost from new investors who increase demand.

[cribusen]

Another trick to attract people and to make them invest money into crypto. But I am staying positive, because Bakkt exchange is raising its volume and I believe that sooner or later we would see another bull run.

[cryptothreads]

Another trick to attract people and to make them invest money into crypto. But I am staying positive, because Bakkt exchange is raising its volume and I believe that sooner or later we would see another bull run.

In my opinion, Bakkt will not affect this market much because this is only a futures contract and cannot make all altcoins increase in the near future. If you take a moment to analyze this market, you can predict what will happen next. Currently, what people are interested in is Bitcoin because if the coin is not stable until the end of this year, we will soon see another downtrend.

Nobody wants downtrend but it is difficult to predict what will happen next in the near future because of the great volatility that has made many investors scared and many will choose to wait in the this time  .

[Pamadar]

Another trick to attract people and to make them invest money into crypto. But I am staying positive, because Bakkt exchange is raising its volume and I believe that sooner or later we would see another bull run.

In my opinion, Bakkt will not affect this market much because this is only a futures contract and cannot make all altcoins increase in the near future. If you take a moment to analyze this market, you can predict what will happen next. Currently, what people are interested in is Bitcoin because if the coin is not stable until the end of this year, we will soon see another downtrend.

Nobody wants downtrend but it is difficult to predict what will happen next in the near future because of the great volatility that has made many investors scared and many will choose to wait in the this time  .

No one wanted to see further downtrend but with speculative type of investment like this we are unsure what causing the trends movements.
All you can do is to make assumptions and keep working to enhance your knowledge, whatever causing fluctuations if you have good outlook
you might find better ideas to invest your money. No one can say what will be the next trend or why some coins are moving differently from
bitcoin, either pumped groups or some updates coming from the developing team that creating the pumped.