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

[DrearyUrbanite]

To see bitcoin going up 100% in 24h someone needs to invest $1T on it... And that's really hard, the amount of money is just too big but is possible if a big company like Apple decides to spend 50% of their market cap on bitcoin.

I think only a government is capable to do a move like this. But it will not happen. What is possible is to see bitcoin going down 50% in 24h, and I feel like that will happen before the end of this year. Remember that bitcoin is a high-risk investment, so, big bumps and dumps are totally possible.

You probably don't need a trillion dollars as the price we see does not reflect the money that actually was used to buy up those Bitcoins, but you certainly need a considerable amount to move the price or market cap by 50% or even a 100%.

[TheUltraElite]

You probably don't need a trillion dollars as the price we see does not reflect the money that actually was used to buy up those Bitcoins, but you certainly need a considerable amount to move the price or market cap by 50% or even a 100%.

Simple explanation to a noob question. In fact the people who put so much trust in altcoins should understand the moving the market for altcoins is way easier even for a mid-cap bagholder who is looking to dump their shitcoins on a bamboozled newbie because the newbie heard some news about that shitcoin. The point is in trading you need to do this research on your own and learn how the prices can be manipulated.

Invest in bitcoin because now the price has dropped. Dump shitcoins when they get high and dont look back at them. Altcoins are too easy to pump inorganically. Lets hope the OP has understood the point and will not make any such topics in future.

[thirdprize]

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.

Well duh!

It is easier for something small to double in size then it is for something big.  Btc is a crap investment these days as to double your money you would need to go from (at peak) $60K to $120K which is a hell of a jump.  That would mean a lot of investment and would probably take years.  Eth going form $1K to $2K or Doge going form $0.1 to $0.2 is much more managable. 

[Freezingel]

The answer is simple, that is because mostly altcoin doesn't worth as much as bitcoin, so increasing the price even 100% is quite easy if the value of that coin is still low or small. It will be harder for $10,000 coin to increase 100% than $10 coin right? That's why, even if bitcoin only increases for like 10%, but since the value of bitcoin is already high than the increase will be higher compared to other altcoin, even though that altcoin might increase 100%.
Other than that, it's cheaper to buy altcoin rather than bitcoin, so the price of altcoin will be more likely to increase higher, since many people will use it for trading too, not for long term investment.

[lunaBTC 12]

Cryptocurrency has better security. Compared with traditional banknotes, cryptocurrency does not need to be carried around, so it will not be stolen; In the transnational business, there is no need for cumbersome procedures to exchange the currency of other countries.

[ARTURVHt]

Because the market value of Bitcoin is much higher than that of altcoins, this is a very simple problem, and a mathematical method can solve it.

[Mituletr]

The price of Bitcoin is higher, and the higher the price, it is difficult for the price to increase significantly.

[Tristan Bieber]

Although cryptocurrency is not like other altcoins that will increase by 50%-100% a day, Bitcoin has gone from 7000 US dollars to 60 million US dollars in the past few years, which is probably the increase that other altcoins cannot achieve. btc can be held for a long time, But other altcoins can only obtain short-term profits and cannot hold it for a long time.

[Paisleyvn]

Bitcoin has a high market value, while other altcoins have a low value. A few percent increase in Bitcoin requires huge amounts of hundreds of millions of dollars or billions of dollars. But for altcoins, just a few million dollars or tens of millions of dollars makes altcoins grow by a few percent.

[ilovealtcoins]

A very good question and I really like it. This was my question when I first entered the crypto market. I've been through value rallies and I'm very aware of Bitcoin's price rise.

The capitalization and volume of Bitcoin are huge, so for Bitcoin x2 worth in a week or a day, it takes a huge amount of money to maintain the value, to do that will take hundreds of billions of dollars. Obviously, such Bitcoin pumping wouldn't have been possible without some extremely good news accompanying it.

Altcoins have a lower capitalization and volume, so depending on the capitalization and volume, it is easy or difficult to pump money to make it increase in price. If we look at altcoins with a market cap of $1-100 million, their volatility is much greater than that of altcoins with a capitalization of over $1 billion.

[TheGreatPython]

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.

Well it’s not like we all don’t know that Bitcoin is able to hit that high and keep going. But things have changed this time around, Bitcoin is not like it used to be in the past years when it would go up by over 50% in a few days and also crash by 50% in a few days. That was when the market cap was very small and back then it can easily be manipulated by people, but things have changed this time around and you can’t manipulate the market so easily this time around.

The market is strong now and has a huge market cap, so it doesn’t fluctuate that much any longer. I don’t really see anything bad with that, if you can invest and have patience there are still times that it is going to reach that high. Just have patience.

[AakZaki]

If we calculate the percentage increase in the short term, the percentage increase in Bitcoin is not too significant compared to altcoins that are capable of tens to hundreds of percent in one day.
But look at the long term what percentage increase in bitcoin. This proves that bitcoin is more stable than altcoins. All altcoins are also based on the bitcoin price because all altcoins use BTC pairs.
Long-term investment in bitcoin will be more profitable, but it should be noted, that Bitcoin or altcoins both have a volatile price.

[Asuspawer09]

 The price of bitcoin is having a big movement but compared to other altcoins due to the volume it just feels like it doesn't have a lot of movement, With a trillion market cap of course it's gonna be difficult to move a high percentage of it like 50% pump or 50% dump.

You could easily notice the profit in some altcoins because the volume is low, so for example an altcoin that could 1$ each of your 1000$ could buy a thousand of this altcoin compared to bitcoin where that thousand dollars could only buy .0.026 bitcoin.

From 1$ price of altcoin it could easily pump up to like 10$ in a few million in its market cap, and with that's altcoins it's already an x10, compared to bitcoin where the price is moving from 30k$ up to 60k$ which is a lot of movement already but volume is low.

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[pixie85]

The price of Bitcoin is higher, and the higher the price, it is difficult for the price to increase significantly.

No. Price has nothing to do with it. It's the total market cap.

You can have a cryptocurrency with only 1 coin worth a million USD and all trades are don on fractions of this one coin that are worth 0.1 USD or something. Would that mean that this coin is more stable than bitcoin because a single unit is worth more than bitcoin?

[lixer]

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.

Yes, that is how it is supposed to be now. Bitcoin used to be like all those altcoins that you’re seeing, and going up more than 50% and 100% in a day, and that’s when it was still new and highly volatile. But, as it keeps growing, things starts to change. The more the market cap grows , the less volatile it becomes.

And the good thing about this is that anyone can hardly manipulate the price of Bitcoin, unlike other coins that can easily be pumped and dumped by whales. But for those people who are looking for 100% increase and more in a day, sorry you’re not going to be getting that.

[maisao1991]

With bitcoin a 50% increase in a week is unlikely, because the transaction volume as well as the value of Bitcoin is too large, but a 50% decrease in a week is completely possible and has it happened before long.

[Erdogan]

There are coins that have gone up by 400% in one day (Boom token) and they never went up again. It's because of artificial pumping by whales, they buy in bulk the shitcoins when they are at their lowest and sell by manipulating the market at higher prices.

[MCobian]

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.

Yes, that is how it is supposed to be now. Bitcoin used to be like all those altcoins that you’re seeing, and going up more than 50% and 100% in a day, and that’s when it was still new and highly volatile. But, as it keeps growing, things starts to change. The more the market cap grows , the less volatile it becomes.

And the good thing about this is that anyone can hardly manipulate the price of Bitcoin, unlike other coins that can easily be pumped and dumped by whales. But for those people who are looking for 100% increase and more in a day, sorry you’re not going to be getting that.

Because Bitcoin is an old coin, the percentage increase is never as high as altcoins. As you have explained, Bitcoin was very volatile in the past,
but now since the price has been high, the movement of Bitcoin is much more stable. So if we want to get a big profit, most people prefer
a new project. But the risk is high too, because many are manipulated by whales. Therefore, a new project usually when the pump is high,
recovery takes a very long time. There are even some new projects that have become deadcoins, because after going up, they were dumped
and did not recover again.

[gagux123]

Well, I would like to share my knowledge on this subject with you
Indeed, Bitcoin is mostly less than altcoin and I will tell you why!


Altcoins are more volatile than Bitcoin because some investors like to speculate on altcoins.

• It is easier for whales to "manipulate" the market because the marketcap of altcoins are so smaller compared to Bitcoin (of course what I said is relative, not all altcoins necessarily behave like this way.

• FOMO of investors, because they see altcoin values ​​skyrocket in a short time, and they don't want to be left out, so they buy a certain altcoin blindly to keep up with that valuation.

• Another example, it is easier for an altcoin to rise 25% in the last 24 hours than for Bitcoin to rise 25% in the same period. This discrepancy is related to value/marketcap.

• I'll give you an example that fits perfectly with the examples I said above.
In this year, January/2021, DOGE was worth ~$0.01 and it reached its ATH in May of this year, of approximately $0.71 (appreciation of ~7,000%) while Bitcoin in that same period, appreciated "only" 113%
Another interesting example that also illustrates this, is the Shiba Inu (SHIB), had a monstrous appreciation in that short space of time.