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Author Topic: What's happening with Bitcoin & altcoins?  (Read 713 times)
BestEarningTips (OP)
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July 27, 2020, 03:35:57 PM
 #1

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
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July 27, 2020, 03:38:39 PM
 #2

Bitcoin is bitcoin. what I mean is that it doesn't matter whether bitcoin will soar far beyond from its current price or do a contrast movement because it is still the coin that is widely known and use in the world which means it is already accepted.
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July 27, 2020, 03:44:49 PM
 #3

Great! you asked,

In my opinion we should just HOLD and wait for Bitcoin to go beyond 20k. In my opinion it will go beyond that price range by the end of 2020

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July 27, 2020, 05:21:09 PM
 #4

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?

OP,your post reminds me of an old crypto market joke:
Bitcoin price: stays stable
Crypto investors: What the hell is going on with Bitcoin price?
Bitcoin price: starts going up/down
Crypto investors: What the hell is going on with the BTC price?

Anyway,yeah,some altcoins might bring bigger profit margins than Bitcoin,but I don't care that much about altcoins.
The current Bitcoin price pump might be a short term bubble,a long term bullish rally or something in between.
I don't see an obvious factor that helped for pumping the price.It seems that optimism is spreading across the crypto markets.Maybe new people are joining the crypto world,seeking for safe heaven assets.

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July 27, 2020, 06:07:57 PM
 #5

The bullish trend is happening now where it starts with the ETH which used to pump quite high but now Bitcoin has almost redeemed $ 11,000 I think it's not the whale that controls the market so prices can soar like this, but I'm sure there is a strong commodity against high demand so that this could trigger a current increase.

If this has happened then there will be an impact on altcoin too, but I don't think it will increase if they have strong power then nothing will increase.
But I think the altcoin season will come too.

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ChiBitCTy
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July 27, 2020, 06:18:37 PM
 #6

Lets think about what altcoins are and what they're ACTUALLY doing.  How many altcoins actually fill a current real world need, right now? Very very few.  Altcoins in my opinion are mostly all about pump and dump and bitcoin tend to be the tide that rises all boats.  Bitcoin is on a nice run and altcoins are following as they usually always do. Nothing more.

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July 27, 2020, 06:18:43 PM
 #7

What happened is what is usually happening. Bitcoin is going up and many missed the train. Some think that they know it all and call for 7k for a month now as they sold and  now will have to rebuy higher. This is why I don't trade, I don't like missing the train and buying lower and lower amounts of Bitcoin. This is what trading always does with Bitcoin. Makes you lose opportunities.
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July 27, 2020, 06:21:25 PM
 #8

Take time to look again at bitcoin's price and hoping that you won't be surprised if you see its price. There is a clear sign that bitcoin is pushing its price upwards and within a day it has closed its price to $10,800.

Yes, that's the price! $10,800. Check the price trackers so you will have the idea that bitcoin is still the king and those signs that you haven't seen before, they are starting to show again and it's more visible just like the old times when a bull run is about to happen.

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July 27, 2020, 07:07:43 PM
 #9

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?

I think it was just normal in the market, and in the past year, we know bitcoin movement and volatility.

It doesn't really matter if what these guys are thinking since they are not really going to affect the market price of bitcoin, But still altcoins could still be profitable even at this day you just need to be careful of what altcoins you are going to invest to.

Just be patient you cannot assume in the price of bitcoin but it is always possible to pump at any time.

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Axelseseclevz
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July 27, 2020, 07:11:42 PM
 #10

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
That is the reality in bitcoin and altcoins. They are volatile and not stable. So, it's better to hold and wait that it's ptice will go beyond  $10k in the future.

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July 27, 2020, 07:34:05 PM
 #11

I'mma use other words and say it's uncertain times for cryptocurrencies. That's basically it, as it has been for a long time and as expected especially after halving. This is a time to either get out if you're weak, get in if you're willing to get into a wild rollercoaster or sit on the side and watch. Fake bull flags have happened before, so expect just anything. Welcome to crypto Smiley
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July 27, 2020, 08:22:16 PM
 #12

I'mma use other words and say it's uncertain times for cryptocurrencies. That's basically it, as it has been for a long time and as expected especially after halving. This is a time to either get out if you're weak, get in if you're willing to get into a wild rollercoaster or sit on the side and watch. Fake bull flags have happened before, so expect just anything. Welcome to crypto Smiley

These kind of words can be mostly found on to those people who do just recently get in into this market or even to those who are old which still cant accept this kind or level of volatility on where this market do had.

Lines like these are common and yes you are right with that uncertainty matters which is inevitable.When you do expect or have that high hopes towards profits or easy money then
expect for this market to fucked you up.

Deal with unexpected things to happen because everything cant really be that predictable.

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July 27, 2020, 08:31:44 PM
 #13

IMHO, Bitcoin is basically tracking with gold in terms of it's rise.  Gold has hit record $s recently.
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July 27, 2020, 11:44:23 PM
 #14

IMHO, Bitcoin is basically tracking with gold in terms of it's rise.  Gold has hit record $s recently.
It seems you're right. Bitcoin and altcoin bullish trend was a coincidence in the bullish trend to the price of gold.

Gold as of now was in 5.79% in 24 hours volume in the market.


While Bitcoin price volume is 11.19% at this moment.


The most anticipated event was now leading to going to be true. Holders now happy to see their portfolio that have profit if they invested Bitcoin last month at range of $8k.
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July 27, 2020, 11:48:42 PM
 #15

I feel the surprise but we all that happy to see the rising sentiment of the market today. And what next? It's all been uncertain and you can't just escape into a possibility that it turns back down in the coming days. The market will remain unpredictable but many experts foresaw a better trend in the 3rd and 4th quarter, seemingly it caught attention by then to think positively amidst the pandemic.

The leading two coins Bitcoin and Ethereum have already skyrocketed, hope to see the rest of altcoins to follow the same as being like in the 2017 Bullrun.
But I'm not sure how it works because investors are focusing more on the leading coins in the market which is pretty hard and seems hopeless for those who are in the bottom.
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July 27, 2020, 11:53:34 PM
 #16

I feel the surprise but we all that happy to see the rising sentiment of the market today. And what next? It's all been uncertain and you can't just escape into a possibility that it turns back down in the coming days. The market will remain unpredictable but many experts foresaw a better trend in the 3rd and 4th quarter, seemingly it caught attention by then to think positively amidst the pandemic.

The leading two coins Bitcoin and Ethereum have already skyrocketed, hope to see the rest of altcoins to follow the same as being like in the 2017 Bullrun.
But I'm not sure how it works because investors are focusing more on the leading coins in the market which is pretty hard and seems hopeless for those who are in the bottom.

If we will have good performance in the next coming weeks, by the end of this year, we will experience a very good rate of bitcoin as well as the top alts like eth. I am interested also about this upcoming Eth 2.0, will the impact be significant in influencing the eth price? People are now in good mood as we are seeing this bitcoin's price again for so long.
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July 27, 2020, 11:58:56 PM
 #17

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
This is great news for us while seeing bitcoin reached that profitable value. Good thing for holders who kept holding their asset in the middle of the pandemic, and I knew it wasn't easy to control dumping your coins even if it's needed due to financial crisis. However, both bitcoin and altcoins still got the biggest potential to pump once the economy will recover completely.
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July 28, 2020, 12:37:00 AM
 #18

That's a big difference in the price between the days. If I'm not wrong the price of bitcoin has been making big change in the market compared to the altcoins. Crossing the $10000 barrier is expected long back. For some reason this has got postponed and now things have been getting better and better. Probably the growth will continue making the predictions for the year come true.

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July 28, 2020, 05:14:45 AM
 #19

hopefully this is not merely manipulation, in the midst of a pandemic that occurs the market moves forward to continue to grow.
I personally think this is the effect of halving bitcoin this year to get ATH back to raise the prestige of altcoin as well.
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July 28, 2020, 05:20:33 AM
 #20

It was already months that Bitcoin has been struggling to reach the next level ($10,000). There is no a clear sign that Bitcoin continues rising up or declining its price in the near future. Now, some altcoins can increase their prices more than Bitcoin. Some people stated that it may be the bullish time for altcoins. While others still doubted it, and they claimed it is only about temporary pump done by whales. Well, what do you think about this, guys?
Maybe your view change now?that Bitcoin already break that $10K,10,500 and even 11,000?

This time you may believe that Bullrun is possible to come this year?

altcoin on the other hand altcoins seems to be still struggling aside from Ethereum that going high together with Bitcoin.


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