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Topic: Altcoins vs BTC halving - page 2. (Read 515 times)

hero member
Activity: 1470
Merit: 509
October 01, 2019, 12:16:52 AM
#32
Already almost all the altcoins had touched the bottom and some of good coins are about to test the dogecoin like prices (I mean prices below 100 satoshi). It is proven that when BTC prices are increasing, altcoins are slipping and in time to time, we do observe altcoins are falling along with bitcoin markets too. But, only when bitcoin markets are trading stable, we are witnessing altcoins are increasing.

I guess, it is time for bitcoin markets may get impacted about upcoming halving as the halving is approximately scheduled in less than 8 months of time. I am really confused what kind of trend we are going to have for altcoins against upcoming halving. We cannot expect BTC markets to be stable when a its halving is going to happen, obviously BTC prices may get doubled at least (or may grow in x5 or x10 too) and due to this, I do not want to see my portfolio value getting half from the current levels.

Let's discuss where altcoins market may head due to this crucial part of crypto world.
Firstly, BTC increases and pauses in any price and then the altcoins start increase, which is a situation we have experienced recently. Even this happened once or twice but we did not see it in other increases. This means that BTC is seen as more valuable and the dominance over 60% in recent months is another proof of this. Altcoins expect mercy from the king, but our king is merciless.
legendary
Activity: 1229
Merit: 1001
September 30, 2019, 04:15:04 PM
#31
I'm kind of seeing altcoins getting dump this season as Bitcoin halving comes. As reward decrease, the demand for Bitcoin will increase because of the miners which means more investors are going to convert their altcoin to Bitcoin. If Bitcoin were to continue increasing, altcoin might see a more red in the upcoming months. It would be a good time to invest in altcoin to be honest.

In the early stage when people prepare for the halving and when Bitcoin is still cheap altcoins will lose value and money will go to BTC. If we go into the late stage where BTC goes into a rally altcoins will start pumping as people move some of the profits from BTC trading into altcoins. It usually looks like this when we look at BTC vs altcoin markets. If you buy altcoins now you will profit just a little bit later than if you invest in bitcoin.
I agree with this altcoins always lose vs BTC at first but after btc really skyrockets all the profits start moving into altcoins its a pattern that keeps happening.
at this point it is a self fulfilling prophecy and will happen again because people absolutely expect it to.
legendary
Activity: 2296
Merit: 1335
Don't let others control your BTC -> self custody
September 30, 2019, 01:10:25 PM
#30
I'm kind of seeing altcoins getting dump this season as Bitcoin halving comes. As reward decrease, the demand for Bitcoin will increase because of the miners which means more investors are going to convert their altcoin to Bitcoin. If Bitcoin were to continue increasing, altcoin might see a more red in the upcoming months. It would be a good time to invest in altcoin to be honest.

In the early stage when people prepare for the halving and when Bitcoin is still cheap altcoins will lose value and money will go to BTC. If we go into the late stage where BTC goes into a rally altcoins will start pumping as people move some of the profits from BTC trading into altcoins. It usually looks like this when we look at BTC vs altcoin markets. If you buy altcoins now you will profit just a little bit later than if you invest in bitcoin.
full member
Activity: 2086
Merit: 100
SOL.BIOKRIPT.COM
September 30, 2019, 01:06:26 PM
#29
BTC halving is expecting next year and we all are expecting huge movement in BTC but there is still a lot of time left for BTC halving. When halving will be near we will see more & more investor will give priority to BTC. Generally, when BTC rises we see most of the altcoins drops in satoshi forms. At the moment BTC seems quite stable and now we are seeing gains in altcoins. If BTC dominance will be reduced we will see more rise in altcoins.
hero member
Activity: 938
Merit: 501
September 30, 2019, 01:04:32 PM
#28
The halving of Bitcoin block rewards would surely have an impact on the overall cryptocurrency market cap and i am sure we would see some increase in the altcoins as well. However i doubt they would peak up as high as BTC would because most traders are now investing more into BTC other than alts.
full member
Activity: 1624
Merit: 163
September 30, 2019, 11:53:31 AM
#27
I'm kind of seeing altcoins getting dump this season as Bitcoin halving comes. As reward decrease, the demand for Bitcoin will increase because of the miners which means more investors are going to convert their altcoin to Bitcoin. If Bitcoin were to continue increasing, altcoin might see a more red in the upcoming months. It would be a good time to invest in altcoin to be honest.
hero member
Activity: 2772
Merit: 524
Leading Crypto Sports Betting & Casino Platform
September 30, 2019, 11:41:11 AM
#26
To be frank, halving doesn't guaratee the double of the price it may be the opposite, it's just a usual supply and demand rule. When BTC is getting the halving it's only the miners that are affected and not the holders so don't expect much, consider having a price pump as a bonus.
About altcoins dumping, that's not guaranteed either, there are chance that the price in BTC will be the same but the value in USD is rising or the price to BTC is lowering but the value in USD is basically the same.
sr. member
Activity: 489
Merit: 250
September 30, 2019, 10:10:33 AM
#25
I think that before we will see a strong increase in the price of bitcoin, there will be a very powerful altcoin season. I am sure that large players will not miss the opportunity to earn more bitcoins for themselves

yes including large pump groups will do it when btc dump to  reasonable price.when btc dominance redused large players ad groups will pump money in to alt coin and will pump them for more and more btc
legendary
Activity: 1264
Merit: 1008
September 30, 2019, 09:38:39 AM
#24
What everybody expecting is the price of BTC will increase because of halving. When we view previous halving periods price of the BTC also increase sharply after halving.
If market behavior not changed, altcoins will crush at BTC pair during sudden increases at BTC price.

We can hope, BTC can go Stabil after sudden increase and the prices of alt coins can catch BTC.
Otherwise more dips are waiting to alt coins which are already at Dip.
sr. member
Activity: 686
Merit: 262
September 30, 2019, 09:31:32 AM
#23
Already almost all the altcoins had touched the bottom and some of good coins are about to test the dogecoin like prices (I mean prices below 100 satoshi). It is proven that when BTC prices are increasing, altcoins are slipping and in time to time, we do observe altcoins are falling along with bitcoin markets too. But, only when bitcoin markets are trading stable, we are witnessing altcoins are increasing.

I guess, it is time for bitcoin markets may get impacted about upcoming halving as the halving is approximately scheduled in less than 8 months of time. I am really confused what kind of trend we are going to have for altcoins against upcoming halving. We cannot expect BTC markets to be stable when a its halving is going to happen, obviously BTC prices may get doubled at least (or may grow in x5 or x10 too) and due to this, I do not want to see my portfolio value getting half from the current levels.

Let's discuss where altcoins market may head due to this crucial part of crypto world.
Recently what I am seeing is that the trend has changed. Before with BTC price increase, Altcoins used to follow it which is no more the case. The BTC dominance is as high as 70% which is pretty much unbeatable. With halving being scheduled next year, the dominance is likely to increase as people will be shifting to BTC in expectation of higher price according to past trends.
newbie
Activity: 9
Merit: 0
September 30, 2019, 09:28:17 AM
#22
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hero member
Activity: 2548
Merit: 533
"CoinPoker.com"
September 30, 2019, 09:14:59 AM
#21
if you ask me i will always say that having a bunch of altcoins and calling it a portfolio is a wrong move to begin with. you yourself already said how the altcoins get dumped whenever bitcoin rises so there really isn't any point in having them at all.
if you check the altcoin performances, you can see that they always perform well only in a very short time and then from that time onward it is a poor performance filled with dumps. which makes holding a terrible idea.
with bitcoin having coming on and the price rise of bitcoin there is even more danger threatening altcoins. another reason for not bag holding them.
Already learned in the past and i can attest this situation based on my experience.Holding altcoins is never been ideal but good for those people who do able to baghold
specially those top altcoins in the market which is somehow their prices do back up and recover but most of the time they are being dumped when btc dominance and demand starts to cling up.Diversifying isnt really bad but you'll soon realize that this isnt always an ideal step for you to take. We know on what crypto is mainly on demand and from the word alternative which suits out on the name "altcoin" which isnt really something a serious thing for you to accumulate but still your choice though.
sr. member
Activity: 1002
Merit: 254
Tontogether | Save Smart & Win Big
September 30, 2019, 08:57:46 AM
#20
I think that before we will see a strong increase in the price of bitcoin, there will be a very powerful altcoin season. I am sure that large players will not miss the opportunity to earn more bitcoins for themselves

This is a simple logic. When there will be more money in the crypto, both the altcoins and bitcoins will pump.
As always is the case, after the bitcoin halving we will be completing the next bitcoin cycle and probably the next big pump for the bitcoins.
But for this we might have to wait for another year or so.
full member
Activity: 891
Merit: 100
Oikos.cash | Decentralized Finance on Tron
September 30, 2019, 08:40:59 AM
#19
I think that before we will see a strong increase in the price of bitcoin, there will be a very powerful altcoin season. I am sure that large players will not miss the opportunity to earn more bitcoins for themselves
sr. member
Activity: 994
Merit: 262
September 30, 2019, 08:24:35 AM
#18
Already almost all the altcoins had touched the bottom and some of good coins are about to test the dogecoin like prices (I mean prices below 100 satoshi). It is proven that when BTC prices are increasing, altcoins are slipping and in time to time, we do observe altcoins are falling along with bitcoin markets too. But, only when bitcoin markets are trading stable, we are witnessing altcoins are increasing.

I guess, it is time for bitcoin markets may get impacted about upcoming halving as the halving is approximately scheduled in less than 8 months of time. I am really confused what kind of trend we are going to have for altcoins against upcoming halving. We cannot expect BTC markets to be stable when a its halving is going to happen, obviously BTC prices may get doubled at least (or may grow in x5 or x10 too) and due to this, I do not want to see my portfolio value getting half from the current levels.

Let's discuss where altcoins market may head due to this crucial part of crypto world.

Altcoins price usually falling when btc moving because, when BTC price increase altcoin USD price increase but pairs with btc are fall because traders sell altcoin for btc, better have btc when he rise. When BTC price falling traders sell it for fiat, because atleat more fiar = more btc. Vicious circle, thats why altcoin life beggin when btc stable.
hero member
Activity: 1470
Merit: 655
September 30, 2019, 08:08:55 AM
#17
if you ask me i will always say that having a bunch of altcoins and calling it a portfolio is a wrong move to begin with. you yourself already said how the altcoins get dumped whenever bitcoin rises so there really isn't any point in having them at all.
if you check the altcoin performances, you can see that they always perform well only in a very short time and then from that time onward it is a poor performance filled with dumps. which makes holding a terrible idea.
with bitcoin having coming on and the price rise of bitcoin there is even more danger threatening altcoins. another reason for not bag holding them.
sr. member
Activity: 1260
Merit: 251
September 30, 2019, 08:03:42 AM
#16
During halving that has happened before, the price of bitcoin always increases and all altcoins are affected. I think the same thing will happen at halving later and hope that all altcoin can rise and the market will recover. Many experts also predict that halving will make bitcoin skyrocket again, we wait and see.
hero member
Activity: 1470
Merit: 509
September 30, 2019, 06:59:19 AM
#15
Already almost all the altcoins had touched the bottom and some of good coins are about to test the dogecoin like prices (I mean prices below 100 satoshi). It is proven that when BTC prices are increasing, altcoins are slipping and in time to time, we do observe altcoins are falling along with bitcoin markets too. But, only when bitcoin markets are trading stable, we are witnessing altcoins are increasing.

I guess, it is time for bitcoin markets may get impacted about upcoming halving as the halving is approximately scheduled in less than 8 months of time. I am really confused what kind of trend we are going to have for altcoins against upcoming halving. We cannot expect BTC markets to be stable when a its halving is going to happen, obviously BTC prices may get doubled at least (or may grow in x5 or x10 too) and due to this, I do not want to see my portfolio value getting half from the current levels.

Let's discuss where altcoins market may head due to this crucial part of crypto world.
First BTC increases and pauses in any price and then the altcoins start increase, which is a situation we have experienced recently. Even this happened once or twice but we did not see it in other increases. This means that BTC is seen as more valuable and the dominance over 60% in recent months is another proof of this. Altcoins expect mercy from the king, but our king is merciless.
sr. member
Activity: 629
Merit: 252
September 30, 2019, 07:01:34 AM
#15
When you look into the history you will see that this is the best time for buy because historically Bitcoin started to grow few months before halving (speculation) and after halving price of BTC pumped hard.
What about altcoins? They will surely follow BTC move, but they will not give us such profit like we saw in the past.  Cry

And this is the most reasonable answer.
However, we must not forget that this is still just speculation and not a law that will definitely happen again. But in my opinion, this scenario is also the most probably.
sr. member
Activity: 734
Merit: 250
September 30, 2019, 06:59:43 AM
#14
Already almost all the altcoins had touched the bottom and some of good coins are about to test the dogecoin like prices (I mean prices below 100 satoshi). It is proven that when BTC prices are increasing, altcoins are slipping and in time to time, we do observe altcoins are falling along with bitcoin markets too. But, only when bitcoin markets are trading stable, we are witnessing altcoins are increasing.

I guess, it is time for bitcoin markets may get impacted about upcoming halving as the halving is approximately scheduled in less than 8 months of time. I am really confused what kind of trend we are going to have for altcoins against upcoming halving. We cannot expect BTC markets to be stable when a its halving is going to happen, obviously BTC prices may get doubled at least (or may grow in x5 or x10 too) and due to this, I do not want to see my portfolio value getting half from the current levels.

Let's discuss where altcoins market may head due to this crucial part of crypto world.
You do not have to worry for your portfolio as when with halving the value of bitcoin goes better then it put the impacts on all the market. So the value of all other coins also rises. Because with the rising value of bitcoin many more people come to join the crypto community and they then start to trade so it brings a good time for the market.
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