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Topic: bitcoin down, altcoin rise. why? - page 21. (Read 1858 times)

full member
Activity: 686
Merit: 107
June 11, 2018, 04:09:13 AM
#58
it all depends on the market enthusiasts and usually altcoin will go down when bitcoin down and what some pumping and then down and some still survive with this green color because maybe the project continues to develop so attract investors
member
Activity: 154
Merit: 10
Open and Transparent Science Powered By Blockchain
June 11, 2018, 04:08:42 AM
#57
So this means that the distribution of altcoin is very concentrated.
So when most of the tokens are in the hands of a few people, then they can manipulate the price.
newbie
Activity: 53
Merit: 0
June 11, 2018, 03:49:21 AM
#56
People trade altcoin to buy bitcoin. Bitcoin looks like it is moving slowly because btc has experienced a high price rise and it suddenly falls, while altcoin is just for pumping and then dies.
copper member
Activity: 482
Merit: 1
June 11, 2018, 03:22:48 AM
#55
I think this is not constant, but sometimes it happens that when Bitcoin drops, some altcoins rise. And when bitcoin rise, most altcoins drops and few rises. Its just about demand, supply, news and events surrounding the altcoin or pump action by whales.
full member
Activity: 504
Merit: 100
June 11, 2018, 03:08:12 AM
#54
sometimes it's not like that. never happens when bitcoin down, altcoin also down. when bitcoin rises, altcoin remains down. when bitcoin is stable, altcoin rises. not always bitcoin down, altcoin also down. but why it happens often, because there are many factors, maybe because of bad news about bitcoin, or many who sell bitcoin, or something else. but the decline in bitcoin prices often happens every day.
jr. member
Activity: 266
Merit: 1
June 11, 2018, 03:04:23 AM
#53
Its probably possible depend upon the altcoin value and its project all altcoin in exchange using bitcoin so less chance to down bitcoin.
full member
Activity: 494
Merit: 100
June 11, 2018, 03:00:20 AM
#52
I think that when the price of bitcoin falls, the altcoin price also falls because altcoin is connected to bitcoin so bitcoin price should not fall so the price of bitcoin can not be dropped so losers altcoin holders are losing because with the drop bitcoin but we just do not get mad at it do not panic and do not sell altcoin we just hold it until bitcoin increases or we lose our losses
member
Activity: 322
Merit: 12
Treat People How You Would Like To Be Treated.
June 11, 2018, 02:32:39 AM
#51
Something to also consider is that when you see some altcoins going up while all other coins are in the red then one of the reasons could also be due to market manipulation by the various pump n dump groups that are operating.

When you see a really weak altcoin all of a sudden spiking in the green while most of the market is in the red then it's a good chance there is a pump going on.
full member
Activity: 1064
Merit: 112
June 11, 2018, 02:25:44 AM
#50
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!
Base on my knowledge the common reason why some of alt coin value is increasing when bitcoin is falling, it is because some holders from bitcoin always jumping into alts, which is to gain profits while bitcoin is suffering on bearish .and opposite will happen if bitcoin stabilize along with other alt that suffer as well during the bear market.
newbie
Activity: 210
Merit: 0
June 11, 2018, 02:07:06 AM
#49
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!

No, Mostly what happens in the crypto market is when the bitcoin is falling most of the altcoins are also falling this is what we have noticed.
newbie
Activity: 85
Merit: 0
June 11, 2018, 01:36:45 AM
#48
in my opinion all altcoin are based on bitcoin as a source of comparison. So essentially making bitcoin prices up then altcoin prices also rise, and make bitcoin prices down altcoin prices also fell.
hero member
Activity: 1190
Merit: 500
June 10, 2018, 11:54:17 PM
#47
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!

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.
Yeah that's what happens in the market today. almost all cryptocurrencies have fallen in price. bitcoin is very influential on the crypto market. if the bitcoin price falls. of course all altcoin will experience the same thing as now. but sometimes it happens when bitcoin prices decrease. and the price of an altcoin rises. but that is rare
member
Activity: 378
Merit: 10
June 10, 2018, 11:51:12 PM
#46
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!
In my opinion, i think it is normal because the market is volatile. 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.
jr. member
Activity: 196
Merit: 3
June 10, 2018, 11:48:10 PM
#45
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!

The price determines the demand and transaction of one coin. If the transaction and high and the demand is also high, then the value will increase. There are more trading transactions in altcoins right now than Bitcoin. People are avoiding to dump their bitcoin that's why there is very low transaction in Bitcoin.
newbie
Activity: 27
Merit: 0
June 10, 2018, 11:40:05 PM
#44
where did u see altcoin up? the whole market is down
newbie
Activity: 1
Merit: 0
June 10, 2018, 11:38:31 PM
#43
I don't have a clue
full member
Activity: 322
Merit: 102
June 10, 2018, 11:31:58 PM
#42
People now substitutes bitcoin with altcoins ,hence you will see them selling their bitcoins for altcoins that is valuable. While naturally bitcoin fall should bring other coins down,these altcoins that have traders buying become stronger rather.


Alt coins are also convertible to bitcoin and you can buy alt coins through bitcoin. So it does not mean people are substituting bitcoin with alt. Cryptomarket is currently unstable. Not only bitcoin. Even other alt goes down. We cannot justify something just because you can see that bitcoin is falling and some alt were not.
member
Activity: 560
Merit: 10
YOUC - www.youengine.io
June 10, 2018, 11:17:23 PM
#41
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!

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.
sr. member
Activity: 1792
Merit: 264
June 10, 2018, 10:00:46 PM
#40
I think the price increase of some altcoin will not last long because based on the experience that often happens there is never any from altcoin that does not follow the bitcoin price movement. So even though there is an increased altcoin price movement but in the end it will still follow the bitcoin price movement.
recently some altcoin values ​​have increased when bitcoin prices have fallen, perhaps because many people choose to trade short-term by trading on altcoin. It is capable of causing altcoin trade volume to exceed the value of bitcoin due to the large number of people taking advantage of market price correction to choose how to trade short term in altcoin
legendary
Activity: 1414
Merit: 1001
June 10, 2018, 09:24:40 PM
#39
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!
Many factors affect the price of Bitcoin. Every time we will experience it and it is a very natural thing to happen. Some important decisions such as an announcement from the government as well as how our attitude in receiving Bitcoin will significantly affect the Bitcoin price.
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