Bitcoin crush the altcoins?! | Bitcointalksearch.org

cryptothreads

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Quote from: sirminesalot on November 06, 2019, 05:30:26 AM

Quote from: cribusen on October 13, 2019, 12:43:29 PM

I have no doubts that one day, crypto market will turn green and altcoins will finally add some value. But I do not see any reasons for market to grow at the moment, there are no upcoming events till the end of 2019.

the development of altcoin or bitcoin we cannot predict with certainty and it has become the nature and risk of investing in bitcoin may at present still be a guideline and have the highest value of other coins and the development of crypto or altcoin currencies depends on the investors themselves the greater the investor's interest in investing will certainly make the coin develop

I agree with you . Cryptocurrency is often unpredictable and you can never be sure what will happen to this market. I think any coin can go up or down unexpectedly because the constant volatility of the market is the main reason why we have so many difficulties investing. Currently there are not many strategies to avoid the loss of investment and the best in all circumstances, stay calm and avoid panic sell.

There may be other investment options in this market but we should wait until next year because 2020 is expected to be a profitable year for all investors to join.

Dreamr

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Quote from: Cryptomoneyteam on June 21, 2019, 09:27:48 PM

Bitcoin crush the altcoins definetly or the altcoins will bounce back like December 2017, January 2018?
What's your opinion?

The cryptocurrency market favors bitcoin this year because the bitcoin dominated more than 65% of the entire cryptocurrency market. Altcoins market is sharing less than 35% of the cryptocurrency market capitalization. The bitcoin is gaining all the market momentum right now maybe next year the altcoins market will respond with something new, positive. the altcoins will bounce back for sure.

agentx44

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Quote from: Cryptomoneyteam on June 21, 2019, 09:27:48 PM

Bitcoin crush the altcoins definetly or the altcoins will bounce back like December 2017, January 2018?
What's your opinion?

We cannot really be certain about this. If we are going to remember what happened on 2018 with bitcoin and altcoins, we can see the that there's a correlation somehow between the two. As the value of bitcoin goes high, so do the altcoins that are doing good. If ever we are going to see bitcoin have a new highest value, we should expect that altcoins would follow through later on. Let us always be optimistic about it amidst knowing that this does not occur all the time and for all the coins in the market.

Pearls Before Swine

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On the contrary. When bitcoin starts to heat up and increase in value, most of the good altcoins at least will usually do likewise. As they say, a rising tide lifts all ships. Since altcoins are priced in terms of bitcoin, it makes sense that when bitcoin goes up or down altcoins do the same.

Not always, tho. It is certainly possible that a flurry of buying of Eth, for example, could significantly increase its fiat value and that does happen. But it isn't exactly like bitcoin is competing that hard against altcoins and will 'crush' them.

There is a need in my opinion for quality altcoins, and I think they can exist quite peacefully alongside bitcoin. Some of them have real advantages over bitcoin, even if they don't have anywhere near the popularity. For example, I'd rather use a coin like doge to buy something if I had to because confirmations are near instantaneous and fees are extremely low compared to bitcoin. I wouldn't want bitcoin to crush coins like that.

cvasy

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Quote from: the rise on October 31, 2019, 12:42:34 PM

Domination will still not go down, and alt will still face a dramatic ratio of low-scale movements with a downward trend very often. if the investor you are referring to is a trader, that makes sense. But for investors who still care about the new shitcoin will continue to exist. I highlight the pressure on altcoin and this still applies to everything because of bitcoin, but it hasn't had a big influence to make many altcoins knocked out, they just go down because of market sentiment.

Bitcoin is the parent of all cryptocurrency currencies currently on the market, so that every bitcoin move will certainly affect the altcoin movement underneath, I think this is due to the BTC trading pair at every exchange, so the influence of Bitcoin on Altcoins will always be there. So, the correlation is only centered when people start taking profits or cutting losses in Bitcoin, by choosing Altcoins or Fiat currencies.
Of course, it is not only that which influences altcoin movements in the exchange but as you said if the market sentiment, both positive and negative will certainly also have a strong impetus for every altcoin and bitcoin price movement in the market.

zeze18

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Quote from: the rise on October 31, 2019, 12:42:34 PM

Quote from: Faxmate on October 13, 2019, 02:28:29 PM

This is nice on the part of bitcoin that it is cleaning market and making it possible for investors to get rid of useless projects. I am relaxed that now there would be only useful and decent projects available for investments which can reduce stress for investors. I am in the favor of bitcoin dominance because it is ruling altcoins very well.

Domination will still not go down, and alt will still face a dramatic ratio of low-scale movements with a downward trend very often. if the investor you are referring to is a trader, that makes sense. But for investors who still care about the new shitcoin will continue to exist. I highlight the pressure on altcoin and this still applies to everything because of bitcoin, but it hasn't had a big influence to make many altcoins knocked out, they just go down because of market sentiment.

Investors are just trusting BTC right now due to many scam projects from altcoins and may old altcoins is experienced a failure and fall down from top 100 ranking in CMC.
Investors need more guarantee to invest in altcoins because right now they're still not believing them even the top altcoins are having a slow growth.

sirminesalot

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Quote from: cribusen on October 13, 2019, 12:43:29 PM

I have no doubts that one day, crypto market will turn green and altcoins will finally add some value. But I do not see any reasons for market to grow at the moment, there are no upcoming events till the end of 2019.

the development of altcoin or bitcoin we cannot predict with certainty and it has become the nature and risk of investing in bitcoin may at present still be a guideline and have the highest value of other coins and the development of crypto or altcoin currencies depends on the investors themselves the greater the investor's interest in investing will certainly make the coin develop

the rise

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Quote from: Faxmate on October 13, 2019, 02:28:29 PM

This is nice on the part of bitcoin that it is cleaning market and making it possible for investors to get rid of useless projects. I am relaxed that now there would be only useful and decent projects available for investments which can reduce stress for investors. I am in the favor of bitcoin dominance because it is ruling altcoins very well.

Domination will still not go down, and alt will still face a dramatic ratio of low-scale movements with a downward trend very often. if the investor you are referring to is a trader, that makes sense. But for investors who still care about the new shitcoin will continue to exist. I highlight the pressure on altcoin and this still applies to everything because of bitcoin, but it hasn't had a big influence to make many altcoins knocked out, they just go down because of market sentiment.

toast

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Quote from: cribusen on October 13, 2019, 12:43:29 PM

I have no doubts that one day, crypto market will turn green and altcoins will finally add some value. But I do not see any reasons for market to grow at the moment, there are no upcoming events till the end of 2019.

beliefs like that that make the development of cryptocurrency more rapidly and more and more investor interest in investing so that making the development of the currency will be rapid and someday I also believe the cryptocurrency will return with better conditions and profitable to invest

Faxmate

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Quote from: ?? on ??

Quote from: inanilujimi on October 12, 2019, 08:55:55 AM

with the increasingly large dominance of bitcoin on the market today it is difficult for altcoin to be like 2017.
in my opinion 2017 will never be repeated for the foreseeable future.

It could happen to those solid projects but for the entire Alts community it will be difficult to expect the mass bull, Bitcoin dominance is still taking the whole market, it's crushing shit projects. Only good and real usable Alts will follow what Bitcoin did to bring success inside the industry.

This is nice on the part of bitcoin that it is cleaning market and making it possible for investors to get rid of useless projects. I am relaxed that now there would be only useful and decent projects available for investments which can reduce stress for investors. I am in the favor of bitcoin dominance because it is ruling altcoins very well.

cribusen

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I have no doubts that one day, crypto market will turn green and altcoins will finally add some value. But I do not see any reasons for market to grow at the moment, there are no upcoming events till the end of 2019.

Hippocrypto

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Quote from: Darooghe on October 13, 2019, 08:01:34 AM

Altcoins bleed faster in bear market, not only because people feel safer but also BTC market cap is much bigger than any altcoins. It's not easy to move BTC up or down. I think people are anticipating a Bitcoin surge before anything else and want to capitalise on it. If you're down 90 percent on your TRON or whatever, you trade TRON to BTC, wait for the moon mission, then when BTC hits $15,000 or $20,000 you trade back to TRON which has dropped more, and you've doubled your stack.

It's not good to hold you alts for too long, just to expect successive increase on your holdings value. If the market established a definite price and you'll able to see good potential in gaining profit, decide quickly so you can dump it gracefully without regrets. Because if you tend to be greed for more, there's a possibility that your asset won't recover it's price in a short period of time.

taiwww

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People think that Bitcoin is substitute to altcoins but it is not. It actually compliments altcoins. In most of the cases, people have to first buy bitcoin with fiat money then only they are able to buy altcoins though crypto-only exchanges. Bitcoin is very necessary for the price development of altcoins. Whenever Bitcoin booms, it opens door for altcoins too.

Darooghe

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Altcoins bleed faster in bear market, not only because people feel safer but also BTC market cap is much bigger than any altcoins. It's not easy to move BTC up or down. I think people are anticipating a Bitcoin surge before anything else and want to capitalise on it. If you're down 90 percent on your TRON or whatever, you trade TRON to BTC, wait for the moon mission, then when BTC hits $15,000 or $20,000 you trade back to TRON which has dropped more, and you've doubled your stack.

Shasha80

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Bitcoin will not crush the altcoins because if you look at current market developments, the position is clear bitcoin is on the side away
price right now $ 8300. The formula is if bitcoin goes up altcoins down, if bitcoin goes down altcoins come down and if bicoin side away
altcoins go up. Therefore according to me now altcoins will rise, please hold your favorite coin each. But you must be careful in making
decisions keep doing technical analysis to make sure. Use stop loss if market conditions change, or the price of bitcoin rise suddenly. Or
even if the price of bitcoin goes down.

ajeef

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Quote from: kodtycoon on October 01, 2019, 06:13:50 PM

i don't think it's like that because every year there will at least be an unexpected phase and when this long bear market is indeed, the altcoins season is no longer good to maintain, but all of that will definitely change and we just need to be patient longer because of the season altcoins will happen again and maybe it will happen in the near future

I Agree with you, crypto market is full of surprice and everything is alomost unexpected.
Just like in 2018, people predicted at the end of the year bitcoin price will touch 50k or more, but price crashed happened.
So, all we have to do is just be more patient

kynaz

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Quote from: Irvinn on October 12, 2019, 09:41:38 AM

Quote from: ongkok87 on October 12, 2019, 09:35:36 AM

Quote from: inanilujimi on October 12, 2019, 08:55:55 AM

with the increasingly large dominance of bitcoin on the market today it is difficult for altcoin to be like 2017.
in my opinion 2017 will never be repeated for the foreseeable future.

Many things are changing at this time such as regarding the existence of IEO and also ICO in 2019 which is no longer the choice of investors and also triggers why at this time it will be difficult to challenge for altcoin and ethereum will experience a large increase as in the previous year

I am sure that not only altcoins, but also bitcoins will also experience difficulties. In any case, only cryptocurrency that will really be in demand in society and will meet all the requirements of society in order to fully use cryptocurrency in everyday life will be of value. Indeed, I agree that Ethereum is the universal coin that can satisfy many needs of cryptocurrency users in the future.

Altcoins have not been applied much in our daily life so investing in any coin will have a big risk in investing. Recently, there has been some news regarding the use of altcoins for payment and for me this is really problematic because altcoins do not have stability. I personally prefer investing in Bitcoin because Bitcoin is the center of this market and every volatility will have a big impact on altcoins.

Irvinn

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Quote from: ongkok87 on October 12, 2019, 09:35:36 AM

Quote from: inanilujimi on October 12, 2019, 08:55:55 AM

with the increasingly large dominance of bitcoin on the market today it is difficult for altcoin to be like 2017.
in my opinion 2017 will never be repeated for the foreseeable future.

Many things are changing at this time such as regarding the existence of IEO and also ICO in 2019 which is no longer the choice of investors and also triggers why at this time it will be difficult to challenge for altcoin and ethereum will experience a large increase as in the previous year

I am sure that not only altcoins, but also bitcoins will also experience difficulties. In any case, only cryptocurrency that will really be in demand in society and will meet all the requirements of society in order to fully use cryptocurrency in everyday life will be of value. Indeed, I agree that Ethereum is the universal coin that can satisfy many needs of cryptocurrency users in the future.

ongkok87

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Quote from: inanilujimi on October 12, 2019, 08:55:55 AM

with the increasingly large dominance of bitcoin on the market today it is difficult for altcoin to be like 2017.
in my opinion 2017 will never be repeated for the foreseeable future.

Many things are changing at this time such as regarding the existence of IEO and also ICO in 2019 which is no longer the choice of investors and also triggers why at this time it will be difficult to challenge for altcoin and ethereum will experience a large increase as in the previous year

inanilujimi

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with the increasingly large dominance of bitcoin on the market today it is difficult for altcoin to be like 2017.
in my opinion 2017 will never be repeated for the foreseeable future.

Topic: Bitcoin crush the altcoins?! (Read 10779 times)