Why doesn't bitcoin go up higher percentages like altcoins?

[imstillthebest]

no way .
its the btc that go up for more % than altcoins but it look small on your eyes because btc price is high than altcoins and no way altcoins can increase if btc didnt increase more %  .
btc dominates all cryptos because of its greater value and domination dont have a speed ,
its not going slow or fast but domination can end once value of btc is lower than altcoins .

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[DrearyUrbanite]

simple math

a coin worth $100 only needs 100 increments of $1 to get to $200
a coin worth $60k needs 60,000 increments of $1 to get to $120k

with a exchange orderbook having these increments. it takes lot of buying pressure to move a higher priced asset(actual increments are sub pennies so its a multiple of the 100-60000 respectively)

also some of the crap coins are pure speculation. they have nothing backing it so they can be more volatile
they are only used for pump and dumps. so have more frequent spikes and dips

i found the same issue when 'penny share' trading. its easier to move a investment that has a share price under $1 than it is to move a investment of $20

also bitcoin has more stable value underlying it. so the dumps dont happen as much. but with that the spikes dont happen as much either.

if a price dumped down buy 50% the correction then is seen as a 50% rise. and then speculative hype can push they by 50% making a 100%

but if a dip only occurs at 10% then the correction and hype(FOMO) would only be seen as 20%

..
the difference between a crap coin and bitcoin. the pump and dump volatility of a altcoin does not have a long term progressive growth.. but bitcoin does progressively grow. price now is much higher then price 2 years ago, which is greater than 2 years before that

dont think of altcoins as a long term asset. just think of them and use and abuse them as quick pump and dumps and return that back to bitcoin for the long term progressive growth

Yes and also penny share trading or shitcoin trading comes at another cost: liquidity cost. You can't get in and out as smoothly as you can with Bitcoin. That is worth a lot. We all had a coin I guess which we simply couldn't get rid off because the damn order book was thin or even empty.

In low liquidity and low volume coins you should sell anytime the price is slowly moving upwards. Otherwise you will be left holding the bag potentially forever.

I have a lot of wallets with some old worthless coins, damn it...

[Bilgent]

I think it is about the marketcap. Bitcoin has a huge dominance in the market now. Bitcoin marketcap has exceeded 1 trillion dollars. Hence, it is harder to see a huge amount of increase in the price.

[michellee]

Bitcoin dominance is going bigger but bitcoin can not increase in just one night. Everything needs time and so do bitcoin. You only need to wait and see and patience for that. What happens to bitcoin now gives a chance for the altcoin to increase and hit the new ATH. We can see some of the altcoin trying to reach the highest price after hibernation from a long time ago.

If you see bitcoin dominance or say the price jump to the highest price in one night, people will shock and the altcoin will not have a chance to increase and doom for the altcoin. Just wait and see

[mezzaluna]

With some coins going up 50% or even l00% in a day or few days or in a week... any reason why bitcoin doesn't do that almost ever?  Look at binance coin and many of those other coins that are literally doubling in a week.  Now the btc dominance is going so low.  And even when btc goes up... you don't ever see it going up that much percent in a week.  I mean... its rare to see bitcoin say go up 50% in a week yet tons of altcoins do it.

I believe that it is because of the Market Cap. The higher the MC, the harder for it to pump but its still possible for Bitcoin to be bullish but we need to expect it to rise slowly. The rate of people selling it is more than the people trying to buy it. Bitcoin does not grow its value weekly even though its possible. Bitcoin is for a more long term HODLing situation that a kid with knowledge with Cryptocurrencies should do because he/she has that life ahead. Alternate Coins are being created on the daily and all of this have the possibility to grow 50% within a day or within a week.

[conected]

Bitcoin dominance is going bigger but bitcoin can not increase in just one night. Everything needs time and so do bitcoin. You only need to wait and see and patience for that. What happens to bitcoin now gives a chance for the altcoin to increase and hit the new ATH. We can see some of the altcoin trying to reach the highest price after hibernation from a long time ago.

If you see bitcoin dominance or say the price jump to the highest price in one night, people will shock and the altcoin will not have a chance to increase and doom for the altcoin. Just wait and see

- Indeed, when bitcoin grows too fast as an altcoin for just a short time, the altcoin market will suffer a very strong blood draw to strengthen bitcoin as the value of bitcoin is probably the highest in the market, every percent of its price increase would require a huge amount of capitalization, a few percent will not be a problem but a few tens of percent will push the altcoin down drastically and it is difficult to recover due to the confidence that has been poured into bitcoin. The current bullish regime and system is to create balance and limit altcoin sacrifices, such development will be stable.

[Rengga Jati]

Bitcoin may not go up higher more than 50% in a day, not like altcoins do.
I imagine if BTC can really go up 50% in one day, the initial price at this moment is for example $60k and then 10 hours later, it goes up to $90.
Can it be?

Bitcoin may not go up so drastically in a day percentage. But you know, how percentage the Bitcoin has grown so far? And how this coin can really sustain the value and also increase the trust without any hype again?

[just_Alice]

If you're looking for a way to make money in a week, Bitcoin isn't really a good fit for it, because of a large market cap, but it's good for long-term investments. If you're looking for short-term trading though, it's best to use cheap alts with a much smaller market cap, like DOGE. You've probably seen how much they can change in price over a short period of time. But keep in mind that these tradings, while profitable if you buy and sell at the right time, are riskier, because if something can increase by 50% over 24h it might as well drop. Which is why, the fact that BTC isn't changing that much in price is actually a good sign.

[Similificator]

This can easily be googled or be realized just by common sense. But yes, we have this forum why not make use of it to make things easier and let others research and analyze the things that I am too lazy to search or analyze for myself. Lol. Seriously though, one or twoposts like this is okay, just learn your lesson next time and search first before doing anything. There are times when people here bash other people just for this type of thing. Don't want others to experience things I don't want to experience myself so Im giving you this advice. Goodluck on your future endeavors.

[PolassSs]

Bitcoin de nasıl ne zaman en üst düzeylere çıkmalıyız

[sulendra12]

With some coins going up 50% or even l00% in a day or few days or in a week... any reason why bitcoin doesn't do that almost ever?

Yea sure.



Why would you even compare that? Are you trying to forget Bitcoin is raising till this date since 4 months ago?
Almost 400% in last 4 months and you didn't even realize that if you think on long term. Many altcoins can't do the same stuff lik Bitcoin.

I know it's not by a day but it's still ridiculous to see people have such thought.

  Look at binance coin and many of those other coins that are literally doubling in a week.  Now the btc dominance is going so low.

Probably your opinion just biased at this point. Bitcoin however is still going strong and whenever you want to trade there will be enough liquidity to ensure you trade it efficiently.

[Streets 2.0]

If at the beginning the price was tied to at least some specific value in dollars for electricity for production, now, alas, we must admit that the factor of speculators works quite strongly. I am sure further dependence on traders will only grow and the one who will have a market share will influence it more strongly, as in all other markets. Decentralization will not help when one guy decides to sell everything one day - we may collapse. But this is just a guess.

[vaultman]

Bitcoin is traded in large volumes on a daily basis, so if someone buys or sells a large amount of Bitcoin, then the rest of the traders in the market will quickly equalize the value of Bitcoin. Also, Bitcoin is difficult to pump, as it takes billions of dollars, unlike some altcoins.

[verita1]

It is right! I've noticed it too, but attributed it to the momentum of bitcoin and the products these altcoins offer. If we look at Binance, CZ is developing a powerful product for the community, as well as being verifiable. In Binance you can do everything with your bitcoins and cryptocurrencies in addition to obtaining money in your local currency.
It is the reason that I think because his coin BNB his price has doubled of course I support him 100%.

[tatalin]

I’m wondering also about that. The fact that Bitcoin has already gained so much at price. But I think the computation of the percentage of gains is the same as the computation for altcoins. Maybe we need more volume to pump it higher.

[CaVO32]

Bitcoin is traded in large volumes on a daily basis, so if someone buys or sells a large amount of Bitcoin, then the rest of the traders in the market will quickly equalize the value of Bitcoin. Also, Bitcoin is difficult to pump, as it takes billions of dollars, unlike some altcoins.

Yes, don't compare it with alts. Most alts have very low value as compared to bitcoin. Also, it is better for btc to have organic growth rather than pump it 100% or 200% in few days. Because we know, the drop is imminent in that case. Increasing the price of btc in the market for few percent will take a large amount of money, whereas, most alts will only take few thousands or millions of dollars to make a huge change in the market. Better if bitcoin is increasing its value with solid reasons and not just because of unfounded news in the market.

[michellee]

==

- Indeed, when bitcoin grows too fast as an altcoin for just a short time, the altcoin market will suffer a very strong blood draw to strengthen bitcoin as the value of bitcoin is probably the highest in the market, every percent of its price increase would require a huge amount of capitalization, a few percent will not be a problem but a few tens of percent will push the altcoin down drastically and it is difficult to recover due to the confidence that has been poured into bitcoin. The current bullish regime and system is to create balance and limit altcoin sacrifices, such development will be stable.

Like what we saw this moment when bitcoin price down a lot. That makes altcoin follow to go down, and some of the altcoin drops too deep. But this conditions will be temporary and it will be back to the high price and when it go back, I think bitcoin price will have a chance to increase so high, and the altcoin will have the next altcoin season. Maybe bitcoin now is decrease a lot without knowing when it will be back to the price before.

[Viscore]

That be a question but we are so thankful that Bitcoin is having like that. Its market cap could be a huge factor but is just like the demand is stabilizing which helps to maintain the growth gap and not like altcoins just shot up in one day and then it dumps drastically in the other day. I can imagine that people will suffer losses if that scenario will happen.

This is the reason why people, the majority choose Bitcoin out from altcoins as they are not worried so much that they will instantly lose their money for one day. They are not chasing about x50, x100 profit but they are securing the security of their fund and contented enough to make few dollars.

[DrearyUrbanite]

With some coins going up 50% or even l00% in a day or few days or in a week... any reason why bitcoin doesn't do that almost ever?

Yea sure.



Why would you even compare that? Are you trying to forget Bitcoin is raising till this date since 4 months ago?
Almost 400% in last 4 months and you didn't even realize that if you think on long term. Many altcoins can't do the same stuff lik Bitcoin.

I know it's not by a day but it's still ridiculous to see people have such thought.

  Look at binance coin and many of those other coins that are literally doubling in a week.  Now the btc dominance is going so low.

Probably your opinion just biased at this point. Bitcoin however is still going strong and whenever you want to trade there will be enough liquidity to ensure you trade it efficiently.

That's a good graphic to prove your point! Bitcoin performs outstandingly well given the price that it is coming from. Nobody in the world would complain about 400% in 4 months.

[kryptqnick]

With some coins going up 50% or even l00% in a day or few days or in a week... any reason why bitcoin doesn't do that almost ever?  Look at binance coin and many of those other coins that are literally doubling in a week.  Now the btc dominance is going so low.  And even when btc goes up... you don't ever see it going up that much percent in a week.  I mean... its rare to see bitcoin say go up 50% in a week yet tons of altcoins do it.

Altcoins you're talking about probably have low market capitalization. So it's way easier for them to be pumped and dumped, and thus they're more volatile. If Bitcoin goes up 50%, it means that there will be an additional $500 billion added to its market capitalization. This is just a crazy amount of money, so no wonder Bitcoin is way more stable. But Bitcoin did go up by 600% in one year, so I think it's still a very impressive performance. Altcoins can be better for fast profits, but it's also very easy to lose a lot with them. Bitcoin provides profits over a longer period of time, but the risks of its price going rapidly down are also lower than with altcoins.