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Topic: bitcoin and altcoin - page 3. (Read 2885 times)

hero member
Activity: 1722
Merit: 528
November 17, 2018, 12:40:59 AM
Most of the altcoins are down 90% from their peak valuations in 4th QTR 2017. Only a few cryptos have fared better and these include Ripple, Stellar and Ethereum. Others like Cardano and NEO have witnessed bloodbaths.
indeed at that time both bitcoin or altcoin experienced many good developments. but at the end of this year all coins or altcoins suffered the same fate as well, there was a significant decline

That is life, we may be experiencing now the downs but eventually, we will be having the ups that we want to.

As an investors, all we've got to do in these times to take advantage of the price dumps. It might not be that bad since there will come a time that the price will be pumping and it will be a great time for us. It is worth the wait as they say it. Just be patient, patience is a virtue and as an investor of a volatile crpytocurrency, we really need it.
hero member
Activity: 2212
Merit: 786
November 17, 2018, 12:21:18 AM
in these days bitcoin had a strong rise, but the other coins seem to be standing at the stake, is there a reason?
do you think that the whole market can be resumed? or will most of the altcoins fail in these months? sorry for my english=)

It depends on the status of cryptocurrencies in the market. In general, whenever the prices of bitcoin increase/decrease, the effect on the prices of altcoin is inversely related to bitcoin. But this is not always the case especially on some altcoins that are predominantly established and well-known in the market. The burden of checking their prices will be transferred to the investor in order to maximize profits and to prevent incurring losses.

Most of the altcoins are down 90% from their peak valuations in 4th QTR 2017. Only a few cryptos have fared better and these include Ripple, Stellar and Ethereum. Others like Cardano and NEO have witnessed bloodbaths.
indeed at that time both bitcoin or altcoin experienced many good developments. but at the end of this year all coins or altcoins suffered the same fate as well, there was a significant decline

Although there was a significant decline of their prices, I do not think that bitcoin price would fall lower than $6,000 since its price depends on mining. Everytime its price decreases to below $6,000, expect for its price to rise eventually.
full member
Activity: 1246
Merit: 102
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November 16, 2018, 11:34:46 PM
Most of the altcoins are down 90% from their peak valuations in 4th QTR 2017. Only a few cryptos have fared better and these include Ripple, Stellar and Ethereum. Others like Cardano and NEO have witnessed bloodbaths.
indeed at that time both bitcoin or altcoin experienced many good developments. but at the end of this year all coins or altcoins suffered the same fate as well, there was a significant decline
newbie
Activity: 81
Merit: 0
November 16, 2018, 11:21:03 PM
Bitcoin is easier to access and has more merchants, exchanges, hardware, and software to support it.Bitcoin is significantly more liquid, with a much larger market cap than any altcoin. It possesses the biggest developer ecosystem and attracts the majority of business people who create startups around it and put a lot of physical efforts, dedication, intellect, and creativity in order to make it better and more useful
bitcoin has a lot of advantages from altcoins, but for traders who like the challenge surely choose an altcoin that is still new, because with a small capital we can get a huge profit from the surge in new coin prices, but for long-time traders, certainly choose bitcoin even now there is rarely a spike in prices but prices are relatively more stable in trading, altcoin traders usually change their coins very quickly if they feel they are no longer profitable.
legendary
Activity: 2044
Merit: 1008
November 16, 2018, 11:19:12 PM
Most of the altcoins are down 90% from their peak valuations in 4th QTR 2017. Only a few cryptos have fared better and these include Ripple, Stellar and Ethereum. Others like Cardano and NEO have witnessed bloodbaths.
newbie
Activity: 32
Merit: 0
November 16, 2018, 10:57:16 PM
When the BTC rises, the price of altcoin against the BTC exchange rate will also fall. When the price of BTC falls, the price of altcoin will also drop sharply.
Bitcoin prices are the standard price of all altcoins, so it is common to understand that every time bitcoin will always be strong, because technology creates all Altcoin from the blockchain, which will always be related to the first bitcoin currency, so all coins will always be related to bitcoin. .
It is normal. Because bitcoin is the mother of altcoin. The price of altcoin will go up and down follow the price of bitcoin
newbie
Activity: 80
Merit: 0
November 16, 2018, 10:12:24 PM
When the BTC rises, the price of altcoin against the BTC exchange rate will also fall. When the price of BTC falls, the price of altcoin will also drop sharply.
Bitcoin prices are the standard price of all altcoins, so it is common to understand that every time bitcoin will always be strong, because technology creates all Altcoin from the blockchain, which will always be related to the first bitcoin currency, so all coins will always be related to bitcoin. .
member
Activity: 269
Merit: 10
November 16, 2018, 09:32:19 PM
The market is currently unstable, it can't be said what the altcoin price will be in the future, because by looking at the current BTC prices up and down, stay patient and hold if you have assets in bitcoin or altcoin, I am sure the period is not this stability it will end whether or not when and BTC and altcoin prices will rise again to reach the highest point.
hero member
Activity: 1065
Merit: 510
November 16, 2018, 04:45:05 PM
I think that most altcoins follow the bitcoin trend.
Alts are just following bitcoin's trend and if bitcoin tends to fall, alts will tend to fall too. Just like what happened few hours ago, the market crumbled and there's a massive dump that happened. Bitcoin affected all of them and is now starting to make the whole market bleeding. Knowing when the market can be stable again as before, no can do. Looking back when op asked the question, the market is falling including all of the alts.
If altcoins were as innovative as they claim then they will not follow the price of bitcoin so closely and yet the evidence show to us that most coins even some of the most powerful and that have the most money invested in them are just a variation of the bitcoin code so the only reason that we have to invest in those coins is to try to make money with them and nothing more.
Some of them would really oppose the trend on what bitcoin is taking but I agree on what you have said no matter where we would go we would able to see
that alts will definitely follow on wheres bitcoin is heading. People or most investor do definitely do all sorts of things and ending up to store or accumulate bitcoin.
hero member
Activity: 2884
Merit: 794
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November 16, 2018, 01:55:55 PM
I think that most altcoins follow the bitcoin trend.
Alts are just following bitcoin's trend and if bitcoin tends to fall, alts will tend to fall too. Just like what happened few hours ago, the market crumbled and there's a massive dump that happened. Bitcoin affected all of them and is now starting to make the whole market bleeding. Knowing when the market can be stable again as before, no can do. Looking back when op asked the question, the market is falling including all of the alts.
If altcoins were as innovative as they claim then they will not follow the price of bitcoin so closely and yet the evidence show to us that most coins even some of the most powerful and that have the most money invested in them are just a variation of the bitcoin code so the only reason that we have to invest in those coins is to try to make money with them and nothing more.
sr. member
Activity: 924
Merit: 260
November 15, 2018, 01:29:03 AM
People see bitcoin as the face of cryptocurrencies and as such new investors find it as the first coin to invest in.  Bitcoin do rise and others altcoins do fall due to the market conditions of the altcoins market.  The ethereum that do pull them along is not doing well and therefore it has to keep other on slow also.
member
Activity: 464
Merit: 10
November 14, 2018, 11:56:36 PM
in these days bitcoin had a strong rise, but the other coins seem to be standing at the stake, is there a reason?
do you think that the whole market can be resumed? or will most of the altcoins fail in these months? sorry for my english=)
It is the bad altcoins that will die. Potential altcoins will certainly have enough money to live through these harsh days. But I think this is a purge of the altcoins. The bad altcoins will die out. Then when the market was no longer the junk altcoins, it would be pumped easily.
legendary
Activity: 1610
Merit: 1003
November 14, 2018, 11:45:19 PM
many altcoin fall, die, no one use altcoin again and make it die. and i think, as long as you trade some coin, than the coin you traded will always hold on exchanger. the problem is, many coin release, every week, every day. so, it will make sense if some coin must be abandoned. and like the other member said before, altcoin will following bitcoin.
full member
Activity: 1526
Merit: 111
Pepemo.vip
November 14, 2018, 11:40:36 PM
I think that most altcoins follow the bitcoin trend. I think bitcoin is still the benchmark for other coins. although not all coins follow the development of bitcoin. Now there are so many ico coins that have just appeared on the cryptocurrency market. and I think the newly emerging coins have a lot of risks, and fail so their prices continue to break.
lately many ico have problems, ranging from scams to unsatisfactory token sales. of course this happens because the price of bitcoin has experienced a correction during this year
newbie
Activity: 81
Merit: 0
November 14, 2018, 11:16:56 PM
Altcoins often follow their Bitcoin price. According to the graphs it is clearly visible. This is probably due to the domination of Bitcoin in the market.
Bitcoin prices are always a reference for altcoins, because rising or falling bitcoin prices will have an impact on the altcoin price. As a cryptocurrency, where more and more users of bitcoin, and provide updates for digital transactions that are safer, more convenient and more efficient.
jr. member
Activity: 178
Merit: 1
November 14, 2018, 10:54:29 PM
I think the price movement of bitcoin and altcoin is directly proportional. when bitcoin rises, most of the altcoins will rise and this will make the market green. conversely when bitcoin goes down the altcoin also goes down. this happens because bitcoin is the main currency in cryptocurrency and is a reference for all coins. like the dollar in fiat money when the dollar strengthens or weakens this will have an impact on all currencies in the world. Bitcoin is also like that with altcoin.
hero member
Activity: 3038
Merit: 628
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November 14, 2018, 10:45:18 PM
I think that most altcoins follow the bitcoin trend.
Alts are just following bitcoin's trend and if bitcoin tends to fall, alts will tend to fall too. Just like what happened few hours ago, the market crumbled and there's a massive dump that happened. Bitcoin affected all of them and is now starting to make the whole market bleeding. Knowing when the market can be stable again as before, no can do. Looking back when op asked the question, the market is falling including all of the alts.
sr. member
Activity: 938
Merit: 250
November 14, 2018, 07:56:36 PM
I think that most altcoins follow the bitcoin trend. I think bitcoin is still the benchmark for other coins. although not all coins follow the development of bitcoin. Now there are so many ico coins that have just appeared on the cryptocurrency market. and I think the newly emerging coins have a lot of risks, and fail so their prices continue to break.
hero member
Activity: 2884
Merit: 794
I am terrible at Fantasy Football!!!
November 14, 2018, 07:09:19 PM
in these days bitcoin had a strong rise, but the other coins seem to be standing at the stake, is there a reason?
do you think that the whole market can be resumed? or will most of the altcoins fail in these months? sorry for my english=)
I think it will takes time to resume the whole market and there will some altcoin that will be totally down. As of now there some altcoin become popular and their price was good like EOS. The reason why some altcoin was still standing at this stakes is because of their strong structure and supporters.
The best coins in the market are going to recover, I have no doubt about it, but most coins that were created just as a way to make money and that the developers had no intention to work hard to make them a success are going to disappear and are never going to recover, so the best thing that you can do at the moment is to move your money to bitcoin and only invest in new altcoins when the market is going up.
copper member
Activity: 672
Merit: 270
November 14, 2018, 04:26:36 PM
in these days bitcoin had a strong rise, but the other coins seem to be standing at the stake, is there a reason?
do you think that the whole market can be resumed? or will most of the altcoins fail in these months? sorry for my english=)
I think it will takes time to resume the whole market and there will some altcoin that will be totally down. As of now there some altcoin become popular and their price was good like EOS. The reason why some altcoin was still standing at this stakes is because of their strong structure and supporters.
Right now all crypto there situations are not good, Bitcoin and Altcoin are experiencing a crisis for me because there price are still not going higher even a little. But I know it will be back, only need to do is keep waiting because eventually it will rise again. Just don't lose hope and still believe to it because we never know it will rise gradually, just have patience and everything will be alright.
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