Speculation is very useful.
Speculators are pioneers, always searching the next trend.
And they provide liquidity to markets.
Topic: All this Speculation is meaningless or please correct me (Read 896 times)
Hi,
Whenever bitcoin goes up green the Alts follow the same.
Whenever bitcoin goes down red the Alts follow the same.
So lets say and speculate for example Ark will be releasing a new website on 30/10/17. Investors think price will go 10x for Ark however on that same date for example some idiot banker comes on tv and say bitcoin is a fraud knocking 35% of its value from bitcoin and knocking 70% value from Ark regardless of its new website.
The question is whats the point of all this speculation when Alts prices are tied to bitcoin prices? If bitcoin is not having a good time then whats the point of speculating on Alts or when will Alts prices become independant from bitcoin prices?
So for USDT Tether seems the only independent Alt
Whenever bitcoin goes up green the Alts follow the same.
Whenever bitcoin goes down red the Alts follow the same.
So lets say and speculate for example Ark will be releasing a new website on 30/10/17. Investors think price will go 10x for Ark however on that same date for example some idiot banker comes on tv and say bitcoin is a fraud knocking 35% of its value from bitcoin and knocking 70% value from Ark regardless of its new website.
The question is whats the point of all this speculation when Alts prices are tied to bitcoin prices? If bitcoin is not having a good time then whats the point of speculating on Alts or when will Alts prices become independant from bitcoin prices?
So for USDT Tether seems the only independent Alt
This is normal as BTC is the first and most proven crypto. On top of that it is the gateway to crypto. Maybe with ICO fever some people around here came to crypto through ETh, but the largest majority came from BTC. So there is an established movement making BTC determine prices. On top of that BTC is considered the less risky investment so it drives prices as well. Maybe with the merging of some other strong coins, with innovative features and increased % Mcap we see some of them detaching from BTC.
i've noticed that the coins that are going up with bitcoin usually go down when btc goes down. the coins that are consolidating when bitcoin goes up seem to go up when btc goes down. the ones that go down when btc goes up are a 50/50 shot at going up when bitcoin drops or flattens. one thing that will kill whatever chart pattern 90% of alts have going on is a black swan event like the china/jpm thing recently. but the market is recovering.
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I think the up down correlation isn't that real like it was some years ago. It is now more relaxed. It seems that some coins go up with bitcoin
Yes, true:
Speculation sucks.
To predict a price might be only possible, when no changes at the market occur and / or no influencing news are coming up. But both is happening every day and every day and every day. It doesn't matter, if you try to predict short- or longterm. Because noone knows what will happen tomorrow - or in two years.
But the correlation from BTC to altcoins will weaken over time. BTC is the bellwether at the moment. In the near future the public will start to understand, that there are a lot of other usefull coins out there. Coins with a use off the beaten track of BTC. Coins with a special economic value, totally beside of BTC. Once the public comprehends this, the correlation to the BTC price will vanish. And only things, which affect the whole market, will concern every coin.
When BTC will own a marketcap less than 10% of the whole cryptomarket-investment, things will become interesting - and maybe a little easier to predict.
Regards!
McW
Speculation sucks.
To predict a price might be only possible, when no changes at the market occur and / or no influencing news are coming up. But both is happening every day and every day and every day. It doesn't matter, if you try to predict short- or longterm. Because noone knows what will happen tomorrow - or in two years.
But the correlation from BTC to altcoins will weaken over time. BTC is the bellwether at the moment. In the near future the public will start to understand, that there are a lot of other usefull coins out there. Coins with a use off the beaten track of BTC. Coins with a special economic value, totally beside of BTC. Once the public comprehends this, the correlation to the BTC price will vanish. And only things, which affect the whole market, will concern every coin.
When BTC will own a marketcap less than 10% of the whole cryptomarket-investment, things will become interesting - and maybe a little easier to predict.
Regards!
McW
When bitcoin starts to go up, people sell their altcoins to buy bitcoin. altcoins go down.
When bitcoin starts to go down, people exchange their altcoins to bitcoin, then exchange those bitcoins to fiat. altcoins go down.
When bitcoin starts to go down, people exchange their altcoins to bitcoin, then exchange those bitcoins to fiat. altcoins go down.
haha, thats a good way to look at it, its so unfortunate that altcoins are doomed in any situation !
That was rare thing to happen lately as I know. I asked some crypto veterans and they admitted its affected by bitcoin's price but not in great scale. So its like bitcoin's bad news affects all altcoins but divided. And altcoins can heal faster than btc.
Altcoins once it reached its peak it will be hard for it to reach again that peak, been watching it for awhile and it increases once it dump but not on a pioint it set a new record again or it's too slow when it set some again 
That was rare thing to happen lately as I know. I asked some crypto veterans and they admitted its affected by bitcoin's price but not in great scale. So its like bitcoin's bad news affects all altcoins but divided. And altcoins can heal faster than btc.
When bitcoin starts to go up, people sell their altcoins to buy bitcoin. altcoins go down.
When bitcoin starts to go down, people exchange their altcoins to bitcoin, then exchange those bitcoins to fiat. altcoins go down.
When bitcoin starts to go down, people exchange their altcoins to bitcoin, then exchange those bitcoins to fiat. altcoins go down.
Hi,
Whenever bitcoin goes up green the Alts follow the same.
Whenever bitcoin goes down red the Alts follow the same.
So lets say and speculate for example Ark will be releasing a new website on 30/10/17. Investors think price will go 10x for Ark however on that same date for example some idiot banker comes on tv and say bitcoin is a fraud knocking 35% of its value from bitcoin and knocking 70% value from Ark regardless of its new website.
The question is whats the point of all this speculation when Alts prices are tied to bitcoin prices? If bitcoin is not having a good time then whats the point of speculating on Alts or when will Alts prices become independant from bitcoin prices?
So for USDT Tether seems the only independent Alt
Whenever bitcoin goes up green the Alts follow the same.
Whenever bitcoin goes down red the Alts follow the same.
So lets say and speculate for example Ark will be releasing a new website on 30/10/17. Investors think price will go 10x for Ark however on that same date for example some idiot banker comes on tv and say bitcoin is a fraud knocking 35% of its value from bitcoin and knocking 70% value from Ark regardless of its new website.
The question is whats the point of all this speculation when Alts prices are tied to bitcoin prices? If bitcoin is not having a good time then whats the point of speculating on Alts or when will Alts prices become independant from bitcoin prices?
So for USDT Tether seems the only independent Alt
Bitcoin and Altcoin are correlated to each other but not 100%. This is because they are all crypto currency. just like gold and silver.
Just buy and follow your instinct which coin you are probably want in..good luck...pleas study also their envelopment... 
Hi,
Whenever bitcoin goes up green the Alts follow the same.
Whenever bitcoin goes down red the Alts follow the same.
So lets say and speculate for example Ark will be releasing a new website on 30/10/17. Investors think price will go 10x for Ark however on that same date for example some idiot banker comes on tv and say bitcoin is a fraud knocking 35% of its value from bitcoin and knocking 70% value from Ark regardless of its new website.
The question is whats the point of all this speculation when Alts prices are tied to bitcoin prices? If bitcoin is not having a good time then whats the point of speculating on Alts or when will Alts prices become independant from bitcoin prices?
So for USDT Tether seems the only independent Alt
Whenever bitcoin goes up green the Alts follow the same.
Whenever bitcoin goes down red the Alts follow the same.
So lets say and speculate for example Ark will be releasing a new website on 30/10/17. Investors think price will go 10x for Ark however on that same date for example some idiot banker comes on tv and say bitcoin is a fraud knocking 35% of its value from bitcoin and knocking 70% value from Ark regardless of its new website.
The question is whats the point of all this speculation when Alts prices are tied to bitcoin prices? If bitcoin is not having a good time then whats the point of speculating on Alts or when will Alts prices become independant from bitcoin prices?
So for USDT Tether seems the only independent Alt
You're absolutely correct. Majority of altcoins are still attached to bitcoin price. If bitcoin goes low, people dump their altcoins and get in bitcoin but there are some altcoins who stay stable regardless of bitcoin price.
Another thing I've seen is that when bitcoin start recovering, they don't go up as much as they were before the crash. When people speculate they assume that bitcoin price will not dump.
It depends on the features of the coin. Privacy coins will do better if there's some kind of clampdown, Masternode coins don't tend to sell off as much as other alts because long term investors are holding their capital in nodes to make more coins. And smart contract coins could score a big deal with a company or country which will boost their price.
Bitcoin and Altcoin are correlated to each other but not 100%. This is because they are all crypto currency. just like gold and silver.
Yeah that's absolutely correct. Bitcoin and Altcoin have a common relation and that is that they both are cryptocurrencies. So it is natural for them being relevant to each other. But it is not necessary all the time and it does not mean that if Bitcoin goes down then Altcoins will go down for sure.It all depends on the market demand about a particular coin. 1 out of 10 times I have seen that the market of Bitcoin and Altcoin goes in opposite directions. The coin which has more demand is favorable on the positive side whereas the coins with low or no demand goes down.
Hi,
Whenever bitcoin goes up green the Alts follow the same.
Whenever bitcoin goes down red the Alts follow the same.
So lets say and speculate for example Ark will be releasing a new website on 30/10/17. Investors think price will go 10x for Ark however on that same date for example some idiot banker comes on tv and say bitcoin is a fraud knocking 35% of its value from bitcoin and knocking 70% value from Ark regardless of its new website.
The question is whats the point of all this speculation when Alts prices are tied to bitcoin prices? If bitcoin is not having a good time then whats the point of speculating on Alts or when will Alts prices become independant from bitcoin prices?
So for USDT Tether seems the only independent Alt
Whenever bitcoin goes up green the Alts follow the same.
Whenever bitcoin goes down red the Alts follow the same.
So lets say and speculate for example Ark will be releasing a new website on 30/10/17. Investors think price will go 10x for Ark however on that same date for example some idiot banker comes on tv and say bitcoin is a fraud knocking 35% of its value from bitcoin and knocking 70% value from Ark regardless of its new website.
The question is whats the point of all this speculation when Alts prices are tied to bitcoin prices? If bitcoin is not having a good time then whats the point of speculating on Alts or when will Alts prices become independant from bitcoin prices?
So for USDT Tether seems the only independent Alt
It has 4 trends; You are missing bitcoin increases trend but altcoin decreases; and Bitcoin decreases but some coin of the increase. Important still is your coin selection. Good and potential coin less depends on the fluctuation of Bitcoin! It will still increase or even decrease slightly when Bitcoin drops!
Ark is a great choice for long term!
Hi,
Whenever bitcoin goes up green the Alts follow the same.
Whenever bitcoin goes down red the Alts follow the same.
So lets say and speculate for example Ark will be releasing a new website on 30/10/17. Investors think price will go 10x for Ark however on that same date for example some idiot banker comes on tv and say bitcoin is a fraud knocking 35% of its value from bitcoin and knocking 70% value from Ark regardless of its new website.
The question is whats the point of all this speculation when Alts prices are tied to bitcoin prices? If bitcoin is not having a good time then whats the point of speculating on Alts or when will Alts prices become independant from bitcoin prices?
So for USDT Tether seems the only independent Alt
Whenever bitcoin goes up green the Alts follow the same.
Whenever bitcoin goes down red the Alts follow the same.
So lets say and speculate for example Ark will be releasing a new website on 30/10/17. Investors think price will go 10x for Ark however on that same date for example some idiot banker comes on tv and say bitcoin is a fraud knocking 35% of its value from bitcoin and knocking 70% value from Ark regardless of its new website.
The question is whats the point of all this speculation when Alts prices are tied to bitcoin prices? If bitcoin is not having a good time then whats the point of speculating on Alts or when will Alts prices become independant from bitcoin prices?
So for USDT Tether seems the only independent Alt
Bitcoin and Altcoin are correlated to each other but not 100%. This is because they are all crypto currency. just like gold and silver.
Hi,
Whenever bitcoin goes up green the Alts follow the same.
Whenever bitcoin goes down red the Alts follow the same.
So lets say and speculate for example Ark will be releasing a new website on 30/10/17. Investors think price will go 10x for Ark however on that same date for example some idiot banker comes on tv and say bitcoin is a fraud knocking 35% of its value from bitcoin and knocking 70% value from Ark regardless of its new website.
The question is whats the point of all this speculation when Alts prices are tied to bitcoin prices? If bitcoin is not having a good time then whats the point of speculating on Alts or when will Alts prices become independant from bitcoin prices?
So for USDT Tether seems the only independent Alt
Whenever bitcoin goes up green the Alts follow the same.
Whenever bitcoin goes down red the Alts follow the same.
So lets say and speculate for example Ark will be releasing a new website on 30/10/17. Investors think price will go 10x for Ark however on that same date for example some idiot banker comes on tv and say bitcoin is a fraud knocking 35% of its value from bitcoin and knocking 70% value from Ark regardless of its new website.
The question is whats the point of all this speculation when Alts prices are tied to bitcoin prices? If bitcoin is not having a good time then whats the point of speculating on Alts or when will Alts prices become independant from bitcoin prices?
So for USDT Tether seems the only independent Alt
lol, its even worst than that, whenever btc goes down alts dump too, also whenever btc goes up alts decrease in btc value to keep the usd price!
Ok which Alts do you guys think have independant prices?
Hi,
Whenever bitcoin goes up green the Alts follow the same.
Whenever bitcoin goes down red the Alts follow the same.
So lets say and speculate for example Ark will be releasing a new website on 30/10/17. Investors think price will go 10x for Ark however on that same date for example some idiot banker comes on tv and say bitcoin is a fraud knocking 35% of its value from bitcoin and knocking 70% value from Ark regardless of its new website.
The question is whats the point of all this speculation when Alts prices are tied to bitcoin prices? If bitcoin is not having a good time then whats the point of speculating on Alts or when will Alts prices become independant from bitcoin prices?
So for USDT Tether seems the only independent Alt
Whenever bitcoin goes up green the Alts follow the same.
Whenever bitcoin goes down red the Alts follow the same.
So lets say and speculate for example Ark will be releasing a new website on 30/10/17. Investors think price will go 10x for Ark however on that same date for example some idiot banker comes on tv and say bitcoin is a fraud knocking 35% of its value from bitcoin and knocking 70% value from Ark regardless of its new website.
The question is whats the point of all this speculation when Alts prices are tied to bitcoin prices? If bitcoin is not having a good time then whats the point of speculating on Alts or when will Alts prices become independant from bitcoin prices?
So for USDT Tether seems the only independent Alt
Well In my own opinion it seems that the flow of the market has change back then it was opposite cos its like bitcoin up - all alts go down.
Probably we need to change strategies cause there are certain alts that has little effect when BTC price changes
Hi,
Whenever bitcoin goes up green the Alts follow the same.
Whenever bitcoin goes down red the Alts follow the same.
So lets say and speculate for example Ark will be releasing a new website on 30/10/17. Investors think price will go 10x for Ark however on that same date for example some idiot banker comes on tv and say bitcoin is a fraud knocking 35% of its value from bitcoin and knocking 70% value from Ark regardless of its new website.
The question is whats the point of all this speculation when Alts prices are tied to bitcoin prices? If bitcoin is not having a good time then whats the point of speculating on Alts or when will Alts prices become independant from bitcoin prices?
So for USDT Tether seems the only independent Alt
Whenever bitcoin goes up green the Alts follow the same.
Whenever bitcoin goes down red the Alts follow the same.
So lets say and speculate for example Ark will be releasing a new website on 30/10/17. Investors think price will go 10x for Ark however on that same date for example some idiot banker comes on tv and say bitcoin is a fraud knocking 35% of its value from bitcoin and knocking 70% value from Ark regardless of its new website.
The question is whats the point of all this speculation when Alts prices are tied to bitcoin prices? If bitcoin is not having a good time then whats the point of speculating on Alts or when will Alts prices become independant from bitcoin prices?
So for USDT Tether seems the only independent Alt
You wrote it like bitcoin and altcoins are directly related but this is wrong, not true. Sometimes, bitcoin goes up and altcoins decline because traders are getting on bitcoin train at that time.
Yeah but when bitcoin goes down then Alts go down as well. Seems mostly related.
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