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Author Topic: Bitcoin Stability zone and Altcoins  (Read 217 times)
Alvi69 (OP)
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May 14, 2020, 01:25:01 PM
 #1

Hello to all members, hope every body will be fine and safe during this deadly COVID-19 pandemic. #StayHome #StaySafe

As we all knew about Bitcoins recently halving event, Which has been done and now Bitcoin is becomes more Rare to mine.

Here i want to know the kind opinion of BTT community:

What is the stability zone of Bitcoin Price ?

  • What is the stability zone of Bitcoin Price ?
  • Still Altcoin's downtrend continue ?
  • What is the perfect time to buy Altcoins?
  • When we can see a strong bounce back in altcoins

Please share your thoughts, May be someone knew exactly and his comment helpful for other one.
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May 14, 2020, 02:43:48 PM
 #2

  • What is the stability zone of Bitcoin Price ?
There is no such thing as "stability zone" for an asset that's very volatile and that's only a decade old.

  • Still Altcoin's downtrend continue ?
I sure hope so and I think it will, but no one knows.

  • What is the perfect time to buy Altcoins?
Never is the perfect time to buy altcoins. Unless you're buying them for a short term trade to be able to increase your bitcoin stack. In the first place, altcoins are a various different coins. You can't put all of them under one blanket.

  • When we can see a strong bounce back in altcoins
Hopefully never and hopefully they just die down, but no one knows. Altcoins can go up(in USD terms) if bitcoin goes up. But I don't think we will have the same "alt season" as with what we had in late 2017.

Listen, no one knows what will happen in the future. You're pretty much almost asking for those typical price predictions.

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May 14, 2020, 03:19:39 PM
 #3


  • What is the stability zone of Bitcoin Price ?
  • Still Altcoin's downtrend continue ?
  • What is the perfect time to buy Altcoins?
  • When we can see a strong bounce back in altcoins


Seriously speaking, I don't think altcoin season will be back soon. Whatever happened back in 2017, will not happen again because people don't trust altcoins anymore. Anyone can create an altcoin within having a valid business justification which we had actually se3n back in 2017, which resulted huge monetary loss for a lot of investora. Since then altcoin market is facing credibility issue and I don't see any strong reason for it to be back on track. Adopt bitcoin instead!

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May 14, 2020, 03:39:24 PM
 #4


Does "buy the dip" also applies to altcoins?

Altcoin so far isn't dropping any more for months TRX price is stuck to it. I'm not sure if its gonna go down but certainly, BNB and ETH are about to burst. When they say history repeats itself, it always does repeat itself so watch for the altcoins you wanna invest.

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May 14, 2020, 03:43:41 PM
 #5

I don't see any big changes in the cryptosphere, so for now, I think, it is too early to make any forecasts. But still, in my opinion, the price will definitely not go up the coming year. Here is my opinion.
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May 14, 2020, 04:30:19 PM
 #6

  • What is the stability zone of Bitcoin Price ?
Is bitcoin a stable coin? If no then no one could assure you about bitcoin stability zone. If someone do so then most likely he is liar.

  • Still Altcoin's downtrend continue ?
It's looking now most of altcoins (not all) still down trend now, but we don't know when it will end.

  • What is the perfect time to buy Altcoins?
Everyone will say buy on dip but fortunately no one able to say where is the dip. Its depend on your trading skill.

  • When we can see a strong bounce back in altcoins
Most likely when we will see a real bull run on the bitcoin price. Otherwise I am not expecting any bounce back for altcoin. Day by day market just going down.

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May 14, 2020, 06:48:52 PM
 #7

~snip~

I think that at the moment there is no clear structure if the market can stabilize, or in some kind of trend, although we are in a pandemic where panic is the order of the day, and at the same time we have the effect of Bitcoin's Halving. , and although the correlation with speculative markets is low, Bitcoin has a life of its own, which means that altcoins want or do not depend and will always depend on Bitcoin.

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May 14, 2020, 07:53:09 PM
 #8

~snip~

I think that at the moment there is no clear structure if the market can stabilize
The market's structure is uncertain just like any other coin it may collapse in any moment, stabilization might just come to not less than 5% of coins in the market.
or in some kind of trend, although we are in a pandemic where panic is the order of the day, and at the same time we have the effect of Bitcoin's Halving. , and although the correlation with speculative markets is low, Bitcoin has a life of its own, which means that altcoins want or do not depend and will always depend on Bitcoin.
Speculation for the bitcoin halving is debunked, we have seen a lot of people calling themselves "technical analysts" of bitcoin failed to predict on what will happen before the halving and after although we haven't see the effect of it yet but as of now there is nothing on the price that I can tell from halving's impact. Just try to notice how many altcoins are pumping and doubling their price as we are all not looking to them.
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May 14, 2020, 08:23:27 PM
 #9

Hello to all members, hope every body will be fine and safe during this deadly COVID-19 pandemic. #StayHome #StaySafe

As we all knew about Bitcoins recently halving event, Which has been done and now Bitcoin is becomes more Rare to mine.

Here i want to know the kind opinion of BTT community:

What is the stability zone of Bitcoin Price ?

  • What is the stability zone of Bitcoin Price ?
  • Still Altcoin's downtrend continue ?
  • What is the perfect time to buy Altcoins?
  • When we can see a strong bounce back in altcoins

Please share your thoughts, May be someone knew exactly and his comment helpful for other one.
You asked four questions but we can answer all the above in one answer which is no one knows, yeah literally no one can say which is perfect to buy bitcoin or altcoin and its impossible to say how the market movement will be.
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May 15, 2020, 03:57:39 AM
 #10

I think the halving of Bitcoin briefly revived the price of cryptocurrencies. If the worldwide pandemic continues and the economic situation continues to deteriorate, it is likely that cryptocurrencies will begin to decline in price. Altcoins have been showing growth for a long time, another thing is that it is not the same as it was in 2017, but then there was a strong hype in the cryptocurrency market.

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May 15, 2020, 06:50:22 AM
 #11

1. The price of Bitcoin or other currencies is not stably. They change everytime, depend on the market. But in this time, I think the price is 8K5 -8K7 is good for Bitcoin
2. After Havling, the Reward of BTC is down a half, so I beleive this is a reason that The price of BTC will increase. I will buy BTC before June
3. My target of BTC is 14-16k last year 
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May 15, 2020, 07:09:34 AM
 #12

There's no constant in this world except change and that goes with Bitcoin and other cryptocurrencies as well which means there's no stability zone in the crypto world. The word volatile will always give fluctuation to the crypto price, stability no more. With altcoin's downtrend, I'm hoping that it will continue but the same thing we can't forecast the future of altcoins.

Anytime you may buy and start investing in altcoin but because of the trust issue, it's up to you if you would like to put your assets at risk. We can't tell or predict if altcoins can still bounce back because until now they still have some issues that they are unable to address and it will be better to be with Bitcoin instead.


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May 15, 2020, 07:34:07 AM
 #13

Bitcoin was never seen stable, but I will give an answer based on the movement of bitcoin.
In the recent days, we've seen bitcoin rise up to $10,000(+) so this means bitcoin is capable of rising though at the current situation where there is a crisis.

Why I emphasize bitcoin is because bitcoin has a big contribution for the rise of altcoins, just to have a big chance of seeing an altcoins run, I am expect that bitcoin will soon reach a new ATH, hopefully this year although unlikely to happen.
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May 15, 2020, 07:59:06 AM
 #14

I don't see any big changes in the cryptosphere, so for now, I think, it is too early to make any forecasts. But still, in my opinion, the price will definitely not go up the coming year. Here is my opinion.

Buddy I'm optimistic that btc price will bull even from this year. I'm not forecasting because maybe is still early but I have not seen a stopping or obstacle stopping price to grow. Covid-19 fear is going off, people are beginning to go back to street, some work and businesses coming back, crude price coming up and activities are growing gradually. Now btc is at $9,413 and that's some gain from yesterday.
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May 15, 2020, 11:35:08 AM
 #15

OP, this is what happens usually,

Bitcoin surges up in price = Altcoins drop in price.
Bitcoin sideways in price = Altcoins drop in price.
Bitcoin drops in price = Altcoins drop in price.

BUT, there's a short "alt season". When? I believe just like the past, after Bitcoin has "rested" after a bullish move.

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May 15, 2020, 12:24:58 PM
 #16

You mentioned the BTC halving and it's possible impact over the prices,but you are asking 3 questions about altcoins and only one about Bitcoin.This seems weird to me.You realize that the BTC halving has zero influence over the altcoin prices,right?
To answer your rookie questions:
Bitcoin will never have a stable price.
The best time to buy altcoins is when you gather some secret insider information about an altcoin getting pumped by some crypto whales,so you buy before the pump&dump price manipulation happens. Grin
Why the altcoin prices should bounce back?Can you mention a clear reason why the altcoins should bounce back?
Something like upcoming altcoin mass adoption or increased usability?

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May 15, 2020, 12:52:17 PM
 #17

    Quote

    • What is the stability zone of Bitcoin Price ?
    • Still Altcoin's downtrend continue ?
    • What is the perfect time to buy Altcoins?
    • When we can see a strong bounce back in altcoins


    I have not heard this term  niether have I seen Bitcoin or the cryptocurrency market being stable. It is a high volatile market and anything can happen anytime. Historically 2016 after halving, Bitcoin crashed but altcoin exploded. I do not think it will happen this time. At the moment Bitcoin is having a small Bull run and it is bleeding altcoins. I think it will remain like this till the end of May.

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    May 15, 2020, 02:44:31 PM
     #18

    • What is the stability zone of Bitcoin Price ?

    Bitcoin market is very volatile so there are no such thing as stability zone, we might see it trading sideways, but it doesn't mean that it can maintain the positive for too long.

    • Still Altcoin's downtrend continue ?

    No one can answer that, Altcoin market is very volatile that bitcoin and there are a lot of p&d going on altcoin as well.

    • What is the perfect time to buy Altcoins?

    The rule of thumb is always buy in dip. And only invest what you can afford to lose.

    • When we can see a strong bounce back in altcoins

    Really hard to say when is altcoin going to bounce back, although most of the top 10 altcoin has somewhat regain some traction because of the halving, we really can't say if they are going to continue their recovery. Still base on the project itself, if there are updates like ETH 2.0.

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    May 15, 2020, 10:09:37 PM
     #19

    Bitcoin price is volatile, its price always move and we can see a decrepit difference between the movement price of bitcoin and some places investment like stock even with gold. But, I read some artickle before halving came which stated that bitcoin price will be stable. Bitcoin's future has been using by some exchange especially some good exchang, it means if many investor chooses this way then most likely bitcoin price will be stable.

    As for altcoin, you may need to learn more about altcoin. If you are looking for a stable coin I mean a crypto currency which has a stable price you are wrong if you choose an altcoin. Their price are more volatile comparing to bitcoin price movement. You can make an analyst, if you find new altcoin that just listed on the exchange then you will see how volatile its price, you can double even you can make 100x return of investment and otherwise.
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    May 15, 2020, 10:41:41 PM
     #20

    Hello to all members, hope every body will be fine and safe during this deadly COVID-19 pandemic. #StayHome #StaySafe

    As we all knew about Bitcoins recently halving event, Which has been done and now Bitcoin is becomes more Rare to mine.

    Here i want to know the kind opinion of BTT community:

    What is the stability zone of Bitcoin Price ?

    • What is the stability zone of Bitcoin Price ?

    Volatility and stability doesn't go hand-in-hand. So the answer is there are no stability in bitcoin.

    • Still Altcoin's downtrend continue ?

    Altcoin market is a pure pump and dump market now. Maybe, just maybe when bitcoin goes on a bull run again, possible that altcoin will go pump as well.

    • What is the perfect time to buy Altcoins?

    No one can timing altcoin market.

    • When we can see a strong bounce back in altcoins

    When there is FOMO, however, don't expect something similar to 2017. Altcoin investors have matured already. And almost all of them are still way below from their ATH, like -60%-99% down.

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