Topic: bitcoin down, altcoin rise. why? - page 18. (Read 1871 times)
I think if the bitcoin falls, then altcoin will decrease as well. Since bitcoin is the parent of other cryptocurrency currents the bitcoin price movements become the benchmark of other cryptocurrency prices, if bitcoin prices rise then altcoin will also rise as vice versa if bitcoin prices decrease then altcoin will also fall. Very rarely do I see altcoin experiencing significant good as bitcoin decreases.
When the Bitcoin price falls or rises, all the altcoins will usually follow. This is because all altcoin prices are based on their Bitcoin exchange rate. However they don’t always move together. Sometimes we see Bitcoin drop when the altcoins rise. This is caused by investors pulling their money out of Bitcoin and rushing into rising altcoins. This wave can go back and forth over a short period of time.
I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.
but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
There's so many different alts these days that I don't think you can really boil it down to looking at it as just alt vs Bitcoin. That is if you're looking for specific reasons that would cover all alts. If you narrow it down to more specifics then it might be easier to learn more about how the market works in that regard.
Fair comment this and I would echo it's sentiments. It can't just be down to the price of BTC, there's soo many other altcoins, there is a lot more to the rise and fall of them individually.
I think it's a bitcoin-playing technique
when the bitcoin price falls there is a possibility the altcoin price goes up to add bitcoin or wait for the bitcoin price to rise again altcoin is the solution
when the bitcoin price falls there is a possibility the altcoin price goes up to add bitcoin or wait for the bitcoin price to rise again altcoin is the solution
This is common in crypto price and exchange. If btc goes down so altcoin will rise, because every altcoin have their price paired with usd, and as we know btc paired to usd too. Price may be rise in btc price, but in usd it still have same price
It's not true. Altcoin prices are heavily dependent on BTC. Look what's happening in the market now. Show me which one of the tokens has been on the decline of BTC?
yes there are crypto that are not directly affected with bitcoin correction on its market price. I have been observing also with it in the crypto market when bitcoin goes down so does all of the coins on it. However, those altcoin that are not directly affected and still green in the market are those crypto that has affiliations with different organizations and community which means there crypto had a strong fundamental and establish in their community which resulted to high demand and high market price increase.
I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.
but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
i think that is not true. Bitcoin now has falling in the market, not only bitcoin but many altcoins too.
usually after the falling market, they will be bounced back to correct the falling price later.
Yes, that's true. As I am typing this, Bitcoin is down at -4.53% and almost all of the top 100 cryptos have fallen, except #30 Bytom which is up at 0.64% and #93 Emercoin
up at 0.86%. I think one of the reasons that can be attributed to this downfall is the negative news we've been seeing these past few days, such as this one, Don't count on a bitcoin rebound from the weekend rout any time soon, chart analysts say. Accordingly, this media outlet is known for reporting negatively on Bitcoin.
altcoins do not grow. because of the fall of bitcoin, almost all coins from the first hundred square meters show a negative dynamics. assets fell by 20%, because the mass sale of bitcoin began.
When the price of Bitcoin declines, Altcoins' performance is divided into two situations. If the price of Bitcoin does not drop much, it is the price adjustment of Bitcoin, and it is not a real decline. At this time, the price of Altcoins will rise. If the price of Bitcoin really declines, then the price of most Altcoins will not only rise but will drop rapidly.
I think this is not true. If bitcoin down all coins are affected ofcourse .
Altcoin value usually adjust with bitcoin value so if you think some altcoin has different value with btc, it means that those altcoin has higher demand at the moment.
If you can calculate it right so you will see the same !
If you can calculate it right so you will see the same !
I do not understand what happened to some altcoins, I know that when correction, red altcoin dominates the crypto market.
but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
but when the bitcoin correction, there is still altcoin that has increased and rises significantly.
what factors make altcoin rise when bitcoin falls?
share your knowledge with me!
But now not only bitcoin price is falling, the other altcoins are falling as well. This occurrence is normal for cryptocurrency because the value of crypto is very volatile.
The most plausible reason for this falling is there are some peoples manipulating the price in the market with their coins.
Well, it is always not possible that the prices of all the altcoins will drop when the price of Bitcoin drop. Yes, to some extent that occurs. The cryptocurrency market is always unpredictable.
Yeah, bitcoin price is the basis of all altcoin price now, if bitcoin is down then all alts are down too. There are some few alts that can still rise even if btc is down but it will not lasts.
Alt coins are also convertible to bitcoin and you can buy alt coins through bitcoin. Today bitcoin is decreasing and altcoin is increasing but it is not permanent state. It is on you on how to deal with the uncertain of the crytocurrency market.
Most altcoin will go up and down with bitcoin. Bitcoin is the foundation of the whole community. A few altcoin do not follow bitcoin is normal, some are just entering the exchange of coins.
i dont know that when correction red altcoin dominates the crypto market but when the bitcoin correction, there is still altcoin that has increased and rises significantly...what factors make altcoin rise when bitcoin falls share your knowledge the crypto market lives according to the laws of the usual market if they demand for one product increases,then the demand for another decreases, respectively,the same happens with the price...
This is common in crypto price and exchange. If btc goes down so altcoin will rise, because every altcoin have their price paired with usd, and as we know btc paired to usd too. Price may be rise in btc price, but in usd it still have same price
Well, it is always not possible that the prices of all the altcoins will drop when the price of Bitcoin drop. Yes, to some extent that occurs. The cryptocurrency market is always unpredictable.
Usually atcoins follows bitcoin. If the price of bitcoin falls the price of altcoins also falls. It is true in current market too but there are some exceptions. I think few exceptions are natural in thousands of altcoins.
The main factor is that as bitcoin prices rise, investors begin to divert their assets to altcoins, resulting in a high demand for altcoin and that will automatically make the altcoin price rise amid the decline in bitcoin prices.
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