Topic: Bitcoin and Altcoin prices - page 2. (Read 3247 times)
When BTC rises, it creates a positive sentiment and leads to speculator buying altcoins too in hopes of higher gains. Since they are priced against BTC, the price against BTC rises.
Generally speaking, if “you’re” interested in “the other,” “you’re” interested in “the one.”
This makes sense, but also makes sense that one would withdraw their altcoins for BTC if BTC starts going back up. BTC is the safe haven in the crypto world.
Were one to do that, it would not be reasonable to claim this one “interested in ‘the other’” (username18333).
If the value of btc rises, which should mean the value of doge in relation to btc should fall, why does doge rise along with it.
Because it happened last time. First bitcoin went uop, with alts rising in $ value, but going down in BTC value, then Alts exploded several fold in BTC value and even more in $.
Who knows if it will happen again, but if everyone expects it to happen, it probably willNOT.
Who knows if it will happen again, but if everyone expects it to happen, it probably will
There fixed it.
Usually the opposite happens and only a small minority is able to make a profit. (read, are able to convert them shitcoins to bitcoin before it is too late)
Because it happened last time. First bitcoin went uop, with alts rising in $ value, but going down in BTC value, then Alts exploded several fold in BTC value and even more in $.
Who knows if it will happen again, but if everyone expects it to happen, it probably willNOT.
Who knows if it will happen again, but if everyone expects it to happen, it probably will
There fixed it.
Usually the opposite happens and only a small minority is able to make a profit. (read, are able to convert them shitcoins to bitcoin before it is too late)
Because it happened last time. First bitcoin went uop, with alts rising in $ value, but going down in BTC value, then Alts exploded several fold in BTC value and even more in $.
Who knows if it will happen again, but if everyone expects it to happen, it probably will.
Who knows if it will happen again, but if everyone expects it to happen, it probably will.
Because bitcoin is the leading cryptocurrency! U need to buy bitcoin before buying any altcoins. Bitcoin is accepted by most of the crypto lovers! So it is understandable for them to correlate with each other!
It is the common consensus that if bitcoin rises then altcoins also rise. However since altcoins are mostly priced in btc why would the rise of btc cause altcoins to rise? Wouldn't the lower price of btc cause altcoins to rise in btc price? Why is the opposite the common view?
Alts rose in the past, but I think they were largely made in an attempt to rip people off of their bitcoin.
LTC was launched at capitulation of bitcoin back in 2011, I think it were the chinese overloards trying to save what was to save -> launch litcoin, make it popular and kill it once there is enough volume so that they can join the bitcoin game.
Bitcoin is "the idea" if the idea fall, all subideas go to hell with them
sometime both rise at the same time because they buy btc first before buying altcoin
Generally speaking, if "you're" interested in "the other," "you're" interested in "the one."
This makes sense, but also makes sense that one would withdraw their altcoins for BTC if BTC starts going back up. BTC is the safe haven in the crypto world.
Generally speaking, if “you’re” interested in “the other,” “you’re” interested in “the one.”
It is the common consensus that if bitcoin rises then altcoins also rise. However since altcoins are mostly priced in btc why would the rise of btc cause altcoins to rise? Wouldn't the lower price of btc cause altcoins to rise in btc price? Why is the opposite the common view?
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