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Topic: altcoin growth too slow? - page 14. (Read 11742 times)

sr. member
Activity: 812
Merit: 251
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May 17, 2019, 10:19:54 PM
It looks like the market focus on Bitcoin growth. So the shoppers are also many who trade in Bitcoin. This affects the growth of altcoins gradually. But it doesn't matter because Altcoin also responds with price increases. When like this I recommend buying coins. Because to benefit from trading very quickly.
Bitcoin needs stability during this time to determine a new trend in the market and if Bitcoin can raise prices well, altcoin will surely have more opportunities to achieve higher prices. At this time a lot of altcoin is tending to rise very quickly and we will certainly see many coins that are more than 200% profitable in a day so look for those coins to get profit.
member
Activity: 574
Merit: 14
May 17, 2019, 07:51:41 PM
Alts are not moving rapidly at the moment partly because the focus is principally on bitcoin,new fund we for bitcoin and when the prices starting moving,a lot of persons sold off their alts to take advantage of it,bitcoin dominance went up to more than 60%,then the pull back and some cash flowed back to alts.
member
Activity: 304
Merit: 10
0x1b2d294ab6ca449e34F946B86540cd342cF49100
May 17, 2019, 07:23:19 PM
when i compare the markets with the bullish trend years ago i get a bit confused.
the growth always came along with bitcoin but when i see the altcoin today the growth is a bit (how i might say that...?) ridiculous...
will this change or will the volume still be so low? 24hr highs and lows variated beetween dollars back in the day at 100m coins but
today it grows a few 0,x1-3 at a btc pump and then everything is falling apart back at one little red day. the altcoin market feels a bit like a sick patient to me that trys to get revived by a lot of effort but every little stop its dieing again...
I think nothing is wrong in every price between bitcoin altcoin because the price is correct. Maybe we see always a huge price before that's why we confuse the price now. The price of bitcoin is good and altcoin will be follow too maybe we need the new ATH so we see a differences now and before. Dont be so confuse study it so you can learn about this situation.
member
Activity: 602
Merit: 54
May 17, 2019, 07:09:24 PM
I would rather say that altcoin market price is currently preparing for altcoin season, which was already started with some indicators. Bitcoin dominance is still very high. I know, i know, Bitcoin is the king, but i think that we will see at least 9% from current point. If you do not watch BTC.D chart on tradingview, you should definetly consider these informations. Interesting chart for you could be TOTAL2 (Total market cap, without BTC) and USDT.D (wich means Tether dominance).
member
Activity: 574
Merit: 10
May 17, 2019, 07:03:36 PM
It looks like the market focus on Bitcoin growth. So the shoppers are also many who trade in Bitcoin. This affects the growth of altcoins gradually. But it doesn't matter because Altcoin also responds with price increases. When like this I recommend buying coins. Because to benefit from trading very quickly.
full member
Activity: 602
Merit: 111
May 17, 2019, 06:52:59 PM
when i compare the markets with the bullish trend years ago i get a bit confused.
the growth always came along with bitcoin but when i see the altcoin today the growth is a bit (how i might say that...?) ridiculous...
will this change or will the volume still be so low? 24hr highs and lows variated beetween dollars back in the day at 100m coins but
today it grows a few 0,x1-3 at a btc pump and then everything is falling apart back at one little red day. the altcoin market feels a bit like a sick patient to me that trys to get revived by a lot of effort but every little stop its dieing again...
the development depends on lots of things mostly the demand will decide how much it can be developed so the investment on altcoins from the investors was little bit slow that's why the development is also slow and steady.
hero member
Activity: 752
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
May 17, 2019, 06:09:56 PM
Most of the time, this common incident happened! Whenever Bitcoin price started to grow altcoins started dumping! And when Bitcoin got a stable price for a while, every altcoin price start increasing! That's the same thing is happening now! Though today Bitcoin and many altcoins showed a sudden dump but I hope the crypto market will start it's pumping again!
full member
Activity: 658
Merit: 102
May 17, 2019, 05:52:56 PM
That depend on the situation that may affect them but many altcoins have slow growth because their developers are failed to sustain the improvement of the coin. Others might affected by aggressive bitcoin price movement of bitcoin like price surges or sudden price declines. The over all market situation can also affect the growth of altcoins but they eventually recover when the condition improves.
full member
Activity: 658
Merit: 100
May 17, 2019, 04:49:24 PM
This is normal when bitcoin rise altcoin rise slower than it tis how this market usely works but altcoin with real utility will go higher in the long term good luck
full member
Activity: 770
Merit: 101
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May 17, 2019, 02:22:22 PM
The market is currently red and it makes my wish to see crypto skyrocket delayed again, but I'm sure that the market will recover soon so I will buy potentially rising altcoins such as ethereum, Binance and Litecoin,
the market movement still continues to decline slowly, if you have the desire to buy it would be better if you see the movement of asset prices in the market first, because there is a possibility the market will continue to decline again, and if you have reached the bottom you can buy the assets you want .
The increase that occurs in bitcoin makes the price of altcoin itself actually able to rise as well. but the control of the increase in bitcoin is very large in my opinion making altcoin actually decreased due to many people making sales and converting their assets to bitcoin.
However, the growth of bitcoin is necessary. At first it will be at the expense of the altcoins. Then the rise of BTC will attract new money. First, they will buy BTC, then the investment will come to the altcoins.
hero member
Activity: 946
Merit: 500
Bcnex - The Ultimate Blockchain Trading Platform
May 17, 2019, 01:05:57 PM
The market is currently red and it makes my wish to see crypto skyrocket delayed again, but I'm sure that the market will recover soon so I will buy potentially rising altcoins such as ethereum, Binance and Litecoin,
the market movement still continues to decline slowly, if you have the desire to buy it would be better if you see the movement of asset prices in the market first, because there is a possibility the market will continue to decline again, and if you have reached the bottom you can buy the assets you want .
Those who want to buy this week for bitcoins increase should think deeply, it's hard to identify if it will continue to decline or just need some setback to pump again, it suddenly increase this month and m happen again
sr. member
Activity: 1078
Merit: 256
May 17, 2019, 12:42:29 PM
The market is currently red and it makes my wish to see crypto skyrocket delayed again, but I'm sure that the market will recover soon so I will buy potentially rising altcoins such as ethereum, Binance and Litecoin,
the market movement still continues to decline slowly, if you have the desire to buy it would be better if you see the movement of asset prices in the market first, because there is a possibility the market will continue to decline again, and if you have reached the bottom you can buy the assets you want .
If you will continue to review and assess this situations then you'll have time to think about buying or waiting for the bottom the chance of keep moving
down is also possible so best to check it and analyze everything, if you already convince then buy those target coins to hold for longer time frame.
hero member
Activity: 1498
Merit: 537
May 17, 2019, 12:28:13 PM
The market is currently red and it makes my wish to see crypto skyrocket delayed again, but I'm sure that the market will recover soon so I will buy potentially rising altcoins such as ethereum, Binance and Litecoin,
the market movement still continues to decline slowly, if you have the desire to buy it would be better if you see the movement of asset prices in the market first, because there is a possibility the market will continue to decline again, and if you have reached the bottom you can buy the assets you want .
The increase that occurs in bitcoin makes the price of altcoin itself actually able to rise as well. but the control of the increase in bitcoin is very large in my opinion making altcoin actually decreased due to many people making sales and converting their assets to bitcoin.
full member
Activity: 644
Merit: 100
May 17, 2019, 12:26:37 PM
The market is currently red and it makes my wish to see crypto skyrocket delayed again, but I'm sure that the market will recover soon so I will buy potentially rising altcoins such as ethereum, Binance and Litecoin,
the market movement still continues to decline slowly, if you have the desire to buy it would be better if you see the movement of asset prices in the market first, because there is a possibility the market will continue to decline again, and if you have reached the bottom you can buy the assets you want .
sr. member
Activity: 1050
Merit: 250
Revolutionizing Reward Points
May 17, 2019, 12:13:50 PM
lots of doubts from traders and choosing to hit and run, they prefer to use stable coins like usdt rather than hold on altcoins. see the market condition which turns out to be like now, traders' thinking will also not change, loyal holders still have little effect on short price movements, at least there must be a breakthrough from other factors to generalize all this.

not hit and run, but profit taking actions
and profit taking actions already make the market down for a while,
because i'm sure this down market only a corrections
member
Activity: 532
Merit: 11
May 17, 2019, 06:12:09 AM
Don't take the growth for granted.. At least for the majority of the coins in the long term.
Correct, at the current time keeping traction for altcoins is a hard thing to manage. The ones that can stay around will gain on the long run.

The market is currently red and it makes my wish to see crypto skyrocket delayed again, but I'm sure that the market will recover soon so I will buy potentially rising altcoins such as ethereum, Binance and Litecoin,
sr. member
Activity: 868
Merit: 252
May 17, 2019, 05:49:07 AM
lots of doubts from traders and choosing to hit and run, they prefer to use stable coins like usdt rather than hold on altcoins. see the market condition which turns out to be like now, traders' thinking will also not change, loyal holders still have little effect on short price movements, at least there must be a breakthrough from other factors to generalize all this.
full member
Activity: 1638
Merit: 122
May 17, 2019, 05:36:58 AM
altcoin is very boring. Snip~~
Really I think sometime like you. Mainly when bitcoin price start to rise. You can say recent market always altcoin dump and dump. I can not take any decision depending on this market. I also feel boring sometime with altcoin.
Not all alts are boring but most of them yes because their value seem to become stagnant for a verry long time  while some potential alts like eth ,bch , xrp and other alike are still showing signs of recovery and increase  . If still feel bored then there is something wrong with you and not with the coins ,so dont blame them  . Your only too impatient   .
legendary
Activity: 2436
Merit: 1189
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May 17, 2019, 05:29:26 AM
altcoin is very boring. Snip~~

Really I think sometime like you. Mainly when bitcoin price start to rise. You can say recent market always altcoin dump and dump. I can not take any decision depending on this market. I also feel boring sometime with altcoin.
legendary
Activity: 1204
Merit: 1028
May 17, 2019, 05:22:34 AM
some altcoins price growth are too slow though market and bitcoin is up at the same time, its not easy to those alts to increase their price for a short period of time.. if you get boring on waiting for your alts to rise then why not invest in bitcoin..
Yea some altcoins look too slow, but we should never worry, provided they have working product, they will rise again. We just need to understand how they operate, just like you advised that people sell their coin for bitcoin, these has been the practice and one of the reasons why alts are not growing.

Some alt investors have converted their alts to bitcoin for now, till the time bitcoin will go sideways. I am sure once they see a sign that bitcoin will go sideways, they will start pumping money back to altcoins, and this will also cause a FOMO buy that usually see these coins increase to over 1000%.
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