Rodeo02
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October 28, 2019, 01:52:53 PM |
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altcoin price increases do not always depend on bitcoin price increases and vice versa, but I am curious about the altcoin that you are investing? it looks like you are very upset with the current altcoin price. try to stay calm let alone the market has started to improve including significant bitcoin prices. if you invest in altcoin i recommend with the top altcoin in markets like eth, eos or bnb. and if you like stable coins, maybe like usdc and usdt.
I will give you an idea i think he invested in a token not in a coins so he really upset to see price and it always decrease day by day and lost morethan 50% of what he invested. If you are in a coin investors you will not so affraid about the price.
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barnes13
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October 28, 2019, 01:56:47 PM |
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The answer is very simple, Bitcoin can rise very high because of the popularity it receives as the pioneer of the world's first cryptocurrency, and it can rise one day from the good news we hear about the legality and regulation of each country. While altcoin is mostly founded by a company, the price will rise based on the development of the company. The better they have succeeded in developing their technology, the value of their tokens will also increase. But the impact of the good news we hear about bitcoin should also have an impact on altcoin.
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Kersh768
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October 28, 2019, 02:08:24 PM |
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Why Altcoin has not been priced where Bitcoin Stable has been in the same place for a long time.
It is not like that. Just compare the market value of Bitcoin way back 2017 and see how huge is its downfall. It is just that its market price is way higher than most of the altcoins or simply, the gap is huge when it comes to their prices. The market situation is really frustrating especially for the investors. Holding is necessary but seeing how bad the prices get, is just disappointing. We just cannot do a thing about it rather than to just be patient and believe that this industry will overcome this.
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CarnagexD
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October 28, 2019, 02:11:36 PM |
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Why Altcoin has not been priced where Bitcoin Stable has been in the same place for a long time.
Actually, we can't control the price on the market and I guess you already that cryptocurrency is very volatile where the price was change every second. As of now the movement of bitcoin become stable and it remains at the price of 9200$+ but still there is a chance that the price might go up or down. If you want stable price maybe you should invest in stable coin just like USDT.
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xiboothrezi
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October 28, 2019, 02:20:10 PM |
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If you see the marketcap not all the altcoins are stay in same level so demand and supply is declare the market value. The current situation Bitcoin is growing well so many peoples are concentrate the BTC investment and some altcoins also rapidly growing in the market. This is the perfect time for day traders and long term investors, so altcoins also make good profit in all the time.
That is the fact. Bitcoin still dominates the market. The booster that provides power is not strong enough to move both. Under these circumstances, of course, investors would prefer to secure their assets rather than risking it for an altcoin that is not yet too strong, doesn't the BTC also need to try hard to move up?
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dothebeats
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October 28, 2019, 02:20:32 PM |
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They generally don't follow the trend of bitcoin unlike most other newbies think. Altcoin markets tend to go under the radar once bitcoin hits that certain momentum and it just keeps going on and on, until such time that it loses steam and the attention would be divided within the different facets of the whole cryptocurrency markets. While of course there are some exceptions to this such as ETH and XRP, still the vast majority of altcoins are somewhat dull and lacking life whenever bitcoin goes up. Historical price charts will show you that.
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smyslov
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October 28, 2019, 02:28:56 PM |
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Why Altcoin has not been priced where Bitcoin Stable has been in the same place for a long time.
With the exception of the top 20 coins on the market, some of these coins are just copy of existing coins in the market, and some of them are targeting an industry, but the industry is not supportive of their token, we have seen insurance token, medical token, entertainment token, when these industry can just use existing tokens in the market, I remember their is a token named football token but the football community do not know the existence of this token.
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Ridwan Fauzi
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October 28, 2019, 02:39:06 PM |
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Why Altcoin has not been priced where Bitcoin Stable has been in the same place for a long time.
Are you an investor altcoin? Which coin that you hold so far? This is the risky thing when you choose altcoin for your investment. Its price is not stable as bitcoin, even its price only tend to weaken at this year compared to bitcoin price who has been increased for almost $10.000 from the lowest price that ever be achieved. At least this situation has showed up that the altcoin price is not depend on bitcoin which has been talking from some user. There is no guarantee when its price is decreasing a lot and you have a predict that the coin will be back to the same price before it decreased. Just choose bitcoin and choose it for long term investment, I'm sure you will get profit as you want.
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desticy
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October 28, 2019, 02:47:50 PM |
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The main reason for this is that the entire cryptocurrency market is easily prone to speculation. As you can see, the prices for altcoins are tied to the price of bitcoin, more precisely, are tied to the movement of the price of bitcoins. Although this should not be, because each altcoin is a separate project, with a sensible product and with a separate coin. All should have relatively independent pricing. But unfortunately the whole market is tied to bitcoin and is subject to strong manipulation. Do not be disappointed, because if you invest in alternative coins now, then they have pretty nice prices. If you bought them when they were expensive, I can only sympathize with you and advise you to be patient.
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Plinteng
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October 28, 2019, 02:55:37 PM |
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not all the prices of altcoin are disappointing or maybe it's your own fault, I mean you are investing with junk tokens or altcoin that is difficult to develop. maybe you need to renew the altcoin investment or replace it with a better altcoin than before.
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biddicoin
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October 28, 2019, 02:58:40 PM |
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Why Altcoin has not been priced where Bitcoin Stable has been in the same place for a long time.
simple, because there is small people wanna buy altcoin. so altcoin is going to nowhere it is not altcoins season so there is small coin can grow up in this time, maybe just few of them can grow up we have to wait until altseason happens, i believe it would happen in the near future, at least altcoin is not down deeper everyday is good sign that altseason would begin
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michellee
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October 28, 2019, 03:02:42 PM |
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Why Altcoin has not been priced where Bitcoin Stable has been in the same place for a long time.
The altcoin price should follow bitcoin price, that is the reason. No matter if bitcoin price rise so high, the altcoin will behind bitcoin and adjust the price to the new high price too. Some altcoins can increase so high and for example, ethereum, which is in number 2 at the CMC. The ethereum itself can increase high in the future, but still, ethereum will be a secondary altcoin, and that will be the same as the other coin. I think the presence of altcoin is to help bitcoin to grow as the bitcoin is the leading coin at the cryptocurrency.
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ajiz138
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October 28, 2019, 03:05:33 PM |
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Altcoin is still very bad for now. When BTC prices get worse Altcoin gets worse. Altcoin and even BTC will not be stable, Crypto has a very high fluctuating value and is risky if you make an investment without calculation or analysis in advance. When Bitcoin is going up as it is today Altcoin's increase is only a few percent, not comparable to a decline of up to 90%. Bitcoin increase is needed even higher to make altcoin prices improve again and then there was Altcoin Session
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tinyteapot
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October 28, 2019, 03:18:17 PM |
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Why Altcoin has not been priced where Bitcoin Stable has been in the same place for a long time.
Altcoin have not really been disappointing based on its current price reactions to the btc spikes, most crypto trading are tagged against USD, EUR or some other fiats, when you check the usd value of altcoin you will know they have not disappointed us but gained USD value regardless of the satoshi they are currently been traded unless those altcoins that actually crash down. On the other hand, altcoin price will decline when btc price slides because it is quoted and traded against btc. They can not have a stable price because they must react to the market movement either up or down.
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X-ray
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October 28, 2019, 03:23:20 PM |
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Are you expecting an altcoin that just recently emerging to a bitcoin which crowned as the first crypto ever to be created that's just ridiculous. even bitcoin has a really huge community base and altcoins rarely have such a thing. altcoin only known as a tool for making profit while bitcoin has an actual means of being used as payment method unlike most of the altcoins. even hoping altcoin could have bitcoin's price or atleast stable is just a wishful thinking except those stablecoin. However there are plenty of altcoins that is trying to reach bitcoin price by shrinking its total supply to just few thousand and still failed miserably anyway.
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ableh
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October 28, 2019, 05:59:33 PM |
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Why Altcoin has not been priced where Bitcoin Stable has been in the same place for a long time.
Altcoin prices have been disappointing since 2018, why do you still hold them for a long time? do you expect there will be an altseason for the next period? lol that's ridiculous, because waiting for something uncertain and unpredictable. At first I was the same as you, waiting and hoping that there would be altseason for the next session. But I learned from one of the cryptocurrency platforms, they say "rather than holding it for a long time, it's better to short trade because the results are bigger and more efficient". I have proven it, so now it's your turn to change your mindset.
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ashmodeus
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October 28, 2019, 06:47:31 PM |
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Why Altcoin has not been priced where Bitcoin Stable has been in the same place for a long time.
just look at the chart on CoinMarket buddy , dominance of BTC so strong , that mean people just liked BTC after. and also , altcoins have low reputation , even ETH also. reputation , liquidity , and of course what coin for, is a consideration for a price.
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jajorforce
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October 28, 2019, 06:48:29 PM |
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Why Altcoin has not been priced where Bitcoin Stable has been in the same place for a long time.
You have to accept this situation that altcoin sessions will stay for short time. Until altcoin sessions come, you should stay with Bitcoin. Always highest profits in the altcoins, just remember that top exchange listed coin. So this is the perfect time to invest altcoin.
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sulendra12
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October 28, 2019, 06:49:41 PM |
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Why Altcoin has not been priced where Bitcoin Stable has been in the same place for a long time.
No it's not, some of the altcoins are actually rising up like ONT, QTUM etc. You probably didn't explore enough to check them ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) When Bitcoin is going up, it doesn't mean Altcoin will doing the same too. It could be the opposite or even altcoin would just dump to the ground.
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leowonderful
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October 28, 2019, 06:51:23 PM |
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A lot of altcoins have a much lower overall trading volume than Bitcoin, which means a lot of these lower marketcap coins can be moved in terms of price with much less money than with something like Bitcoin. Bitcoin's also the most well-known crypto at the moment, which contributes to it being (somewhat) more stable than most alts, and most alts also have at least a weak correlation in price to Bitcoin's price, though events specific to an altcoin's development or other important details can also affect the pricing of an alt significantly.
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