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Topic: Altcoins rallying (Read 560 times)

full member
Activity: 910
Merit: 100
elysian.finance
July 13, 2018, 01:17:11 PM
#75
a lot of people looking the other way to get results. bitcoin does have potential and the movement is good, but certainly the longer these higher and certainly less good effect conferring new especially for investors who want to get started. Thus the way is nice they could do one of them by switching to altcoin.
yes, it could happen, many new investors may choose altcoin which still has a low price and according to them altcoin has a good potential too,but many investors the still trust and still like to invest in bitcoin, because of course they have the belief that bitcoin can still generate huge profits for them.
sr. member
Activity: 700
Merit: 251
July 04, 2018, 12:43:38 PM
#74
a lot of people looking the other way to get results. bitcoin does have potential and the movement is good, but certainly the longer these higher and certainly less good effect conferring new especially for investors who want to get started. Thus the way is nice they could do one of them by switching to altcoin.
full member
Activity: 1834
Merit: 166
July 04, 2018, 11:29:10 AM
#73
Looked at altcoins and they've started rallying pretty hard all at once, whats the reason for this? Is it because of Bitcoin going sideways for a decent while or some other reason?
Most of the people who are moving to altcoins giving upon btc tend to think that btc has no future and bearish trend will continue in the future also but they are not realizing that btc is base for all the coins in the market and most of coins follow its trend and they remains behind it and btc remain much more profitable inspite of these dips and when market recovers prices will surge once again and we will get our desired profits.
member
Activity: 252
Merit: 13
CryptoTalk.Org - Get Paid for every Post!
July 04, 2018, 10:31:28 AM
#72
Looked at altcoins and they've started rallying pretty hard all at once, whats the reason for this? Is it because of Bitcoin going sideways for a decent while or some other reason?

A well deserved and long awaited rally for all coins if you ask me. Bitcoin and even other cryptocurrencies have been experperiencing massive bearish movement for the pas few months but now it seems that the cycle's bottom has been reached.

When you're at the bottom, there is nowhere to go but up.
newbie
Activity: 154
Merit: 0
July 04, 2018, 10:27:03 AM
#71
All altcoins are tied to bitcoin. If bitcoin goes down then all altcoins go down. If the top and altcoins are going up.
jr. member
Activity: 294
Merit: 2
July 04, 2018, 09:23:42 AM
#70
Yes if the conclusion from me it is very difficult to jump to its conclusion is that the price of Bitcoin has made the whole market decline for several weeks. Maybe we stop or now, we do not know. But beware.
newbie
Activity: 35
Merit: 0
July 04, 2018, 08:45:53 AM
#69
I see a rally now
full member
Activity: 322
Merit: 100
June 06, 2018, 02:47:45 PM
#68
I also noticed this tendency to name specific reasons for such behavior is quite difficult. Perhaps because of the long decline in the price of bitcoin. Many people think that the Union will give an advantage.
full member
Activity: 420
Merit: 100
April 15, 2018, 06:10:51 PM
#67
They just follow the trend of the market, whole market grows - so alts grow as well.
sr. member
Activity: 532
Merit: 255
April 15, 2018, 04:35:24 PM
#66
Looked at altcoins and they've started rallying pretty hard all at once, whats the reason for this? Is it because of Bitcoin going sideways for a decent while or some other reason?

Because, altcoin prices are relatively low when compared with bitcoin, so altcoin is seen to move faster.
Along with the growing enthusiasm of citizens against cryptocurrency, bitcoin will still grow and move up albeit slowly (not as fast as altcoin), because small sales are still occurring in various exchange sites.
newbie
Activity: 280
Merit: 0
April 15, 2018, 03:51:19 PM
#65
The reason why all altcoins are green is because bitcoin is also green and has an increasing trend. Positive wave in bitcoin also affects altcoin to rally.
sr. member
Activity: 588
Merit: 253
April 15, 2018, 03:29:27 PM
#64
There is only one day left before the end of the US tax period. After April 17th I expect a big rise.
hero member
Activity: 2730
Merit: 632
April 15, 2018, 03:27:02 PM
#63
Looked at altcoins and they've started rallying pretty hard all at once, whats the reason for this? Is it because of Bitcoin going sideways for a decent while or some other reason?

Seems like altcoin investor by seeing the flagship on altcoin at the first view. Bitcoin is the emerging in the market now and following that only we will find the altcoins value going upper in the market.
This time bump is happening because of taxation issue happening on US.
Other than that I do not think there would be a any reason for the price rise apart from this.
Taxation News on US might be a possible reasons for this price pump but we cant still be sure that this would be the only one yet there are lots of factors that do affect cryptocurrency coins in the market as of now. Some pumps into big percentage on a short period of time which isnt surprising but i would still always prefer on gradual increase not on having a sharp rise up but well as long we can able to make profits then get out or hold even more which this would depend into ones decision.
member
Activity: 350
Merit: 10
Global loyalty & rewards
April 15, 2018, 03:22:06 PM
#62
Looked at altcoins and they've started rallying pretty hard all at once, whats the reason for this? Is it because of Bitcoin going sideways for a decent while or some other reason?
I think that is mostly due to bitcoin going sideways. Some coins are almost stoping change. But BNB is opposite or change Inconsistently with BTC or LTH.
newbie
Activity: 9
Merit: 0
April 15, 2018, 02:47:15 PM
#61
Probably just another bullish cycle starting. Whales have successfully bought their bags cheap, time to push the price
newbie
Activity: 210
Merit: 0
April 15, 2018, 01:44:28 PM
#60
IMO this is not a rally, but rather a slow recovery. Prices of altcoins felt down almost three times since January, so these 20-50% growth is just a healthy process of stepping back on the paths where they were.
sr. member
Activity: 475
Merit: 251
VTOS
April 15, 2018, 01:34:07 PM
#59
Yeah we are observing nice raise in every altcoins. So we need to realize longevity for this. I mean this started at monday as I remember and it keeps going with corrections. It may stop or now, we don't know. Be cautious.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
April 15, 2018, 12:52:22 PM
#58
Looked at altcoins and they've started rallying pretty hard all at once, whats the reason for this? Is it because of Bitcoin going sideways for a decent while or some other reason?

It is caused by bitcoin moving sideways for a while, which led to a big pump on bitcoin's price.

When bitcoin gets pumped, altcoins historically have also gotten a lot of increases in price and market cap. So that is the reason for the rally. I do't think the bear market is fully over, so take your profits wisely now that the price is a bit higher.

Altcoin prices will continue to depend on bitcoin prices since it's the face of cryptocurrencies and #1 in market cap. So if bitcoin is in a bear market or is getting dumped, so will altcoins, and vice versa in a rally.

That is correct. We have two patterns already for altcoins. The first is during waves of Bitcoin either rising or falling, which all alts follow. And then when Bitcoin trades sideways, altcoins take this chance to rise up against each other, but generally recovering all their values lost against Bitcoin. I do not think this is the end of the bear market either. So I also took profits today (did not want to wait longer).
hero member
Activity: 966
Merit: 513
April 15, 2018, 12:47:14 PM
#57
Looked at altcoins and they've started rallying pretty hard all at once, whats the reason for this? Is it because of Bitcoin going sideways for a decent while or some other reason?

Seems like altcoin investor by seeing the flagship on altcoin at the first view. Bitcoin is the emerging in the market now and following that only we will find the altcoins value going upper in the market.
This time bump is happening because of taxation issue happening on US.
Other than that I do not think there would be a any reason for the price rise apart from this.
full member
Activity: 812
Merit: 142
April 15, 2018, 12:44:53 PM
#56
They are rising because Bitcoin is rising it is as simple as that. Look to Bitcoin for what the rest of the market will do, altcoins success and downfalls are usually tied to whatever Bitcoin is doing at the moment.

Since btc has crossed 8300$ the altcoin also have started to recover and many investors seems to be back in the market and thus the demand is rising continuously. Also a good time for traders to quickly make some quick gains in this rising prices.
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