Pirate46Mx
Member
 Offline
Activity: 322
Merit: 10
|
 |
May 20, 2020, 01:27:03 PM |
|
altcoin price movements depend on investors, if investors are more interested in altcoin then the price will continue to rise even if the price of bitcoin goes down, but because many investors panic when they see the price of bitcoin go down, so they panic too to sell the altcoin assets they hold.
|
|
|
|
shollyen
Jr. Member
Offline
Activity: 344
Merit: 1
|
|
May 20, 2020, 01:42:52 PM |
|
altcoin price movements depend on investors, if investors are more interested in altcoin then the price will continue to rise even if the price of bitcoin goes down, but because many investors panic when they see the price of bitcoin go down, so they panic too to sell the altcoin assets they hold.
The focus on either bitcoin or altcoins is seasonal. Presently, investors are still focused on bitcoin, but when the time comes for them to make profit from altcoins and they are done with bitcoin, it is sure alts will rise and BTC will remain either stagnant or it falls. Although, we cannot leave out the fact that Bitcoin still controls the prices of altcoins most of the time. |
|
|
|
|
|
Sendi blackspade team
|
|
May 20, 2020, 01:47:25 PM |
|
altcoin price movements depend on investors, if investors are more interested in altcoin then the price will continue to rise even if the price of bitcoin goes down, but because many investors panic when they see the price of bitcoin go down, so they panic too to sell the altcoin assets they hold.
it all depends on the request of the investor. but we have to see how the market situation that we know is very important support from bitcoin for altcoin can get price increases. |
|
|
|
|
sana54210
Legendary
Offline
Activity: 3206
Merit: 1128
|
|
May 20, 2020, 06:45:02 PM |
|
If altcoins aren't dependants on Bitcoin price or value one altcoin would have over throne Bitcoin, if it was a different story that altcoins don't rely on Bitcoin bullrun I believe Bitcoin won't be the 1st today, am I wrong or right?
Not really understanding what you mean, but altcoins are tied to bitcoin somehow, bitcoin is tied to altcoins as well though. There is a correlation obviously, for many people bitcoin is still the way to get into crypto, so there will always be a connection. The idea that one day bitcoin may not be first is technically right, there is nothing that keeps other coins to not be number one, however all around the world bitcoin is known a lot more and altcoins usually don't, ethereum is a bit more known but that's about it, nothing else is really close and even ethereum is not anywhere near. So, I could say that bitcoin and altcoins are tied somehow, and bitcoin could drop from the top but it is very very unlikely, do not really hope for any coin to be there. |
|
|
|
|
hahay
Legendary
Offline
Activity: 3472
Merit: 1055
Leading Crypto Sports Betting & Casino Platform
|
|
May 20, 2020, 06:53:10 PM |
|
What are you looking for and what is the purpose of such a thing, because even the theory is clear if altcoins are able to be the highest by themselves of course it will surpass bitcoin or maybe bitcoin never existed, I wonder why they always want for bitcoin to be destroyed even though in reality with the existence of bitcoin which makes this market grow bigger with so many technologies developed.
|
| ..Stake.com.. | | | ▄████████████████████████████████████▄
██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄
██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████
██ ██████████ ██ ██ ██████████ ██ ▀██▀
██ ██ ██ ██████ ██ ██ ██ ██ ██
██ ██████ ██ █████ ███ ██████ ██ ████▄ ██
██ █████ ███ ████ ████ █████ ███ ████████
██ ████ ████ ██████████ ████ ████ ████▀
██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
██ ▀▀▀▀▀▀▀▀▀▀ ██
▀█████████▀ ▄████████████▄ ▀█████████▀
▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄
██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█ ▄▀▄ █▀▀█▀▄▄
█ █▀█ █ ▐ ▐▌
█ ▄██▄ █ ▌ █
█ ▄██████▄ █ ▌ ▐▌
█ ██████████ █ ▐ █
█ ▐██████████▌ █ ▐ ▐▌
█ ▀▀██████▀▀ █ ▌ █
█ ▄▄▄██▄▄▄ █ ▌▐▌
█ █▐ █
█ █▐▐▌
█ █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀ ▐█▌ ▀█▄
██ ▐█▌ ██
████▄ ▄█████▄ ▄████
████████▄███████████▄████████
███▀ █████████████ ▀███
██ ███████████ ██
▀█▄ █████████ ▄█▀
▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀
▀███████ ███████▀
▀█████▄ ▄█████▀
▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
|
Kasabus
|
|
May 20, 2020, 07:53:00 PM |
|
What are you looking for and what is the purpose of such a thing, because even the theory is clear if altcoins are able to be the highest by themselves of course it will surpass bitcoin or maybe bitcoin never existed, I wonder why they always want for bitcoin to be destroyed even though in reality with the existence of bitcoin which makes this market grow bigger with so many technologies developed.
No one can change the fact that bitcoin is still the driving factor of cryptocurrency and whatever its value, altcoins value are also affected. If bitcoin experience a bullish trend, might as well altcoins have also tendencies to increase their prices together with bitcoin. Same thing happens too when bitcoin is dumping, altcoins value are also dumping. |
|
|
|
|
Raflesia
|
|
May 20, 2020, 08:53:58 PM |
|
What are you looking for and what is the purpose of such a thing, because even the theory is clear if altcoins are able to be the highest by themselves of course it will surpass bitcoin or maybe bitcoin never existed, I wonder why they always want for bitcoin to be destroyed even though in reality with the existence of bitcoin which makes this market grow bigger with so many technologies developed.
No one can change the fact that bitcoin is still the driving factor of cryptocurrency and whatever its value, altcoins value are also affected. If bitcoin experience a bullish trend, might as well altcoins have also tendencies to increase their prices together with bitcoin. Same thing happens too when bitcoin is dumping, altcoins value are also dumping. The fact that bitcoin will become one of the famous coins with its popularity, nothing can change it, I'm sure it is because this is a coin that is very interested in many people, bitcoin has its own advantages even though bitcoin is no product and unlike altcoin which continues to promote until now but the reality can't be better in the market. If the bullish trend has occurred then the rise in bitcoin will not be held back then if reverse bitcoin dumping then altcoin becomes worthless. |
| .
.Duelbits. | │ | | │ | ▄▄█▄▄░░▄▄█▄▄░░▄▄█▄▄
███░░░░███░░░░███
▀░░░▀░░▀░░░▀░░▀░░░▀
▄░░░░░░░░░░░░
▀██████████
░░░░░███░░░░▀
░░█░░░███▄█░░░█
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀ | .
REGIONAL
SPONSOR | | ███▀██▀███▀█▀▀▀▀██▀▀▀██
██░▀░██░█░███░▀██░███▄█
█▄███▄██▄████▄████▄▄▄██
██▀ ▀███▀▀░▀██▀▀▀██████
███▄███░▄▀██████▀█▀█▀▀█
████▀▀██▄▀█████▄█▀███▄█
███▄▄▄████████▄█▄▀█████
███▀▀▀████████████▄▀███
███▄░▄█▀▀▀██████▀▀▀▄███
███████▄██▄▌████▀▀█████
▀██▄███▀██▄█▄▄▄██▄████▀
▀▀██████████▄▄███▀▀
▀▀▀▀█▀▀▀▀ | .
EUROPEAN
BETTING
PARTNER | |
|
|
|
|
TopT3ns
|
|
May 20, 2020, 09:01:40 PM |
|
What are you looking for and what is the purpose of such a thing, because even the theory is clear if altcoins are able to be the highest by themselves of course it will surpass bitcoin or maybe bitcoin never existed, I wonder why they always want for bitcoin to be destroyed even though in reality with the existence of bitcoin which makes this market grow bigger with so many technologies developed.
No one can change the fact that bitcoin is still the driving factor of cryptocurrency and whatever its value, altcoins value are also affected. If bitcoin experience a bullish trend, might as well altcoins have also tendencies to increase their prices together with bitcoin. Same thing happens too when bitcoin is dumping, altcoins value are also dumping. of course bitcoin is an important influence on all cryptocurrency price movements because bitcoin is dominant and is a reference to determine the conditions of other cryptocurrency prices registered at the exchange, so don't be surprised if bitcoin can have a strong influence on other cryptocurrency. |
|
|
|
|
Sebas.tian
|
|
May 20, 2020, 09:05:13 PM |
|
If altcoins aren't dependants on Bitcoin price or value one altcoin would have over throne Bitcoin, if it was a different story that altcoins don't rely on Bitcoin bullrun I believe Bitcoin won't be the 1st today, am I wrong or right?
When do you learned this analysis from? Don't forgets that the altcoins also have their lives outside the mainstream bitcoin, and their price isn't peg on bitcoin to grow. Bitcoin is the true cryptocurrency, this has been verified on many occasions when the price of Bitcoin will raise and that of the altcoins stay low, not that the bitcoin is an oppressor but that, the altcoins has no real world case usability. Let's even assume that bitcoin doesn't exist, do you think these shitcoins will be adopted? NO, bitcoin is the true reason why many of them exist and must follow bitcoin lead. |
|
|
|
amos77978
Copper Member
Jr. Member
Offline
Activity: 351
Merit: 1
|
|
May 20, 2020, 09:08:14 PM |
|
If altcoins aren't dependants on Bitcoin price or value one altcoin would have over throne Bitcoin, if it was a different story that altcoins don't rely on Bitcoin bullrun I believe Bitcoin won't be the 1st today, am I wrong or right?
you're wrong.. I dont think altcoins depend on bitcoin.. they're pegged with btc doesn't mean they depend on it.. it's no news that most altcoins will improve in value during btc bullrun.. but altcoins will also improve whether or not btc goes up.. up all depends on the community and demand |
|
|
|
|
|
ampere
|
|
May 20, 2020, 09:18:21 PM |
|
If altcoins aren't dependants on Bitcoin price or value one altcoin would have over throne Bitcoin, if it was a different story that altcoins don't rely on Bitcoin bullrun I believe Bitcoin won't be the 1st today, am I wrong or right?
Well, bitcoin is the king of crypto currency for a reason, so either altcoin is dependent on bitcoin pairs, or bitcoin is depended on altcoins pairs, or the bull run, it makes no difference and does not change the fact that bitcoin is more accepted and has a huge use case and trade volume. You are not wrong to be optimistic, an altcoin bulls is around the corner |
|
|
|
|
|
litepool.ru
|
|
May 20, 2020, 09:30:29 PM |
|
Bitcoin is the king of this market, and it is used to evaluate other altcoins. If there is any altcoin that is not dependent on bitcoin, then it could only be a stablecoin. Its value is always stable in dollars
|
|
|
|
kceekcee
Jr. Member
Offline
Activity: 211
Merit: 1
|
|
May 20, 2020, 09:41:25 PM |
|
If altcoins aren't dependants on Bitcoin price or value one altcoin would have over throne Bitcoin, if it was a different story that altcoins don't rely on Bitcoin bullrun I believe Bitcoin won't be the 1st today, am I wrong or right?
The entire crypto currency space is dependent on the bitcoin bull run and it is not the first time, To me only etherum comes close to bitcoin in this space while others are far off. One keyword you should remember is that the tokens either btc or altcoins are dependent on one another, one way or the other; just different % |
|
|
|
|
Mealea
Member
Offline
Activity: 300
Merit: 11
FRX: Ferocious Alpha
|
|
May 20, 2020, 09:58:17 PM |
|
Bitcoin been the number one does not suggest that altcoins are depending on bitcoin. Bitcoin has got so many community behind it. You also need to understand that bitcoin is an asset to so many bit guys in this industry, you know what that means.
|
|
|
|
|
retnoanjani
|
|
May 20, 2020, 11:31:22 PM |
|
While most people doubt bitcoin because of its anonymity, altcoin comes with innovations that are "closer" to life. It is undeniable that bitcoin has a big influence because BTC is the first cryptocurrency to be the center of crypto world civilization. Altcoin does have its own niche, but the strength of the bitcoin market is really strong. So often the altcoin movement is greatly influenced by BTC.
|
|
|
|
adzino
Copper Member
Hero Member
Offline
Activity: 2968
Merit: 574
www.Crypto.Games: Multiple coins, multiple games
|
|
May 20, 2020, 11:40:41 PM |
|
If altcoins aren't dependants on Bitcoin price or value one altcoin would have over throne Bitcoin, if it was a different story that altcoins don't rely on Bitcoin bullrun I believe Bitcoin won't be the 1st today, am I wrong or right?
You are wrong. Bitcoin was the first crypto currency that was invented. It has its upper hand over here. Altcoins aren't dependent on bitcoin price. This is totally a wrong concept. On other hand, bitcoin is still dominating because of the features it can provide. Most of the altcoins are just shitcoins. Bitcoin does have drawbacks, but they are minor compared to what good it has to offer us. Though, one day coin might come that is better than bitcoin and solves all the current problems. People will use that altcoin as a regular currency, but the price of bitcoin might still be unbeaten as there will be people holding those coins like a store of value. |
|
|
|
|
Saisher
|
|
May 21, 2020, 12:26:04 AM |
|
If altcoins aren't dependants on Bitcoin price or value one altcoin would have over throne Bitcoin, if it was a different story that altcoins don't rely on Bitcoin bullrun I believe Bitcoin won't be the 1st today, am I wrong or right?
You are wrong at this point in time you are wrong, the technology is still very young and those coming in will just discover that Bitcoin is the one that started it all and because Bitcoin is the one that started it all, all focus is on its development and adoption, i can not think of anyone coming in and not investing in Bitcoin first. |
|
|
|
|
|
sandra_x
|
|
May 21, 2020, 12:32:46 AM |
|
Bitcoin control the market, a typical red or green day for bitcoin bodes the same trend for altcoins, an altcoins bullish season or run will not be possible unless we first have a bitcoin, the correlations in bitcoin price and those of altcoins is always positive
|
|
|
|
|
|
coinsycrip09
|
|
May 21, 2020, 02:47:51 AM |
|
it could be, but in reality bitcoin is the first coin and the highest price right now with the highest market cap too. all will depend on other altcoin, if anyone is able to exceed the price and market cap of bitcoin, then bitcoin will not be number one.
yup! that's right. in reality bitcoin is the one wearing the crown, i never thought that altcoin doesn't depend on bitcoin anymore. because from the beginning bitcoin gave birth to altcoin, so it is impossible for them to stop relying on bitcoin. |
|
|
|
|
mahilchii
Member
Offline
Activity: 560
Merit: 13
|
|
May 21, 2020, 07:47:43 AM |
|
Agree with you, altcoins need to prove they too have strong potentials like BTC to change the market value. Being dependent on BTC has been the normal story in crypto market, history should be rewritten as alts too want to come up with new plans to cover people's mind. Hopefully it will dominate in few years..
|
|
|
|
|
