bitcoin down, altcoin rise. why? - page 23.

poldanmig

sr. member

Activity: 1372

Merit: 275

Quote from: Al-e_x on June 10, 2018, 04:18:29 AM

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 all coins are always changing according to the size of the market demand for sales and demand for the coin

Wahyu aep

newbie

Activity: 149

Merit: 0

which is confusing with this is the fact that some small random altcoins can be pumped even during a downtrend. that has nothing to do with your degree! it's just an oil pump that pumps some shitcoin you've never heard of before they pump it. This statement is also in my mind, of course, the demand will make altcoin pumps and maybe this company is pumping their coin prices during a downtrend like what I post on top of post I. Remember altcoin is just altcoin and it's not the same as bitcoin, so if there is a coin that keeps crashing while the red market cap is sure there is someone who makes the price expensive while the market is decreasing

Vanes_brz

newbie

Activity: 126

Merit: 0

It seems to me that some bitcoin holders sell it (so the price goes down) and invest in other altcoins

kietnguyen

newbie

Activity: 4

Merit: 0

IMO, one reason is because of money flowing from btc to alts, this market is still a young and small one, and small enough to be manipulated by Organizations, whales, even sharks,... And another reasons is because of exchange rate differences.
But not all the time it happens like you mentioned, There're times BCT down, and almost all the ALTs are down too, that's still because of the 1st reason i just gave you, all the money are being pulling out of the markets! There're lots of causes to consider, but I think these 2 are the biggest ones, especially the 1st one.

Kprawn

legendary

Activity: 1904

Merit: 1074

A lot of Alt coins are traded through to Bitcoin, so if the Alt coin price is high, then people will start selling to take profits and

you will see a decline in the Alt coin price and a increase in the Bitcoin price. Some Alt coins are not sold directly on mayor

exchanges, so people sell Alt coins and convert to BTC or to Fiat on the mayor exchanges. It is not always like that, but in

many incidents, it is. Roll Eyes

xanaxxx

jr. member

Activity: 280

Merit: 1

Quote from: Al-e_x on June 10, 2018, 04:18:29 AM

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!

usually the trend is that dipping bitcoin also causes the decline of other altcoins. There might be some exceptions because of launching the products etc, but in general you're wrong.

tungaqhd

hero member

Activity: 1540

Merit: 508

Quote from: Al-e_x on June 10, 2018, 04:18:29 AM

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!

Most of us buy bitcoin then exchange with altcoin. Imagine if you have 2000$ of bitcoin and you are going to buy 2000$ dogecoin by echanging. But suddenly, the price drops and you have 1500$ only, you will need to buy with a lower price.

vintages

full member

Activity: 966

Merit: 153

Not all altcoins though. The raising altcoins are the ones which have made major impacts or changes immediately before the dips. And besides, during the dips most especially bitcoin dip, it sometimes affects some altcoins if the coin is a good project, many investors use that opportunity to stuck up their wallet. This makes the altcoins to rise even when there is a general dump.

bellakrstna

newbie

Activity: 154

Merit: 0

Not only bitcoin is down, but altcoin too. If bitcoin down, automatically altcoin is down.
Why? Because bitcoin and altcoin are related each other

gayan7788

jr. member

Activity: 190

Merit: 1

same problam to all,btc is not stable 1,2 month

sheenshane

legendary

Activity: 2492

Merit: 1232

Quote from: Sam San on June 10, 2018, 10:59:27 AM

The crypto market lives according to the laws of the usual market-if the demand for one product increases,then the demand for another decreases, respectively, the same happens with the price.

This statement was also in my mind, of course, the demand will make altcoin pump and maybe this company was pumping their coins price during a downtrend as what like the post above of mine stating.
Remember altcoin is just altcoin and it is not the same with bitcoin, so if there is keep bumping coins while market cap is red I am sure there is somebody makes their price expensive while the market was a decrease, and that is a marketing strategy to the

camito

jr. member

Activity: 301

Merit: 3

DAEFROM.com

Quote from: Al-e_x on June 10, 2018, 04:18:29 AM

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 the rise happening to some altcoins even if bitcoin is in the red mark is because of the demand of that altcoin in exchange of bitcoin. Whenever an altcoin increases its price, it means that more people are buying that altcoin in exchange to some other tokens, so this means that bitcoin being traded for other çoins lessen the demand of bitcoin but rather increases the demand of that coin being traded of bitcoin. This is the reason why some altcoins still remain in green mark even if bitcoin is in its red mark.

BrewMaster

legendary

Activity: 2128

Merit: 1293

There is trouble abrewing

because you are wrong.

bitcoin down means altcoins down. it has always been like this and will be like this for many years to come until the altcoins change for real alt-coins not virtual useless tokens.

what you are confusing with this is the fact that some random small altcoins may get pumped even during a downtrend. that has nothing to do with your title though! it is just a pumper pumping some shitcoin that you have not even heard the name before they pumped it.

Marlo Stanfield

sr. member

Activity: 490

Merit: 280

Quote from: Al-e_x on June 10, 2018, 04:18:29 AM

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!

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.

Sam San

sr. member

Activity: 630

Merit: 250

Quote from: Al-e_x on June 10, 2018, 04:18:29 AM

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 crypto market lives according to the laws of the usual market-if the demand for one product increases,then the demand for another decreases, respectively, the same happens with the price.

BossMacko

hero member

Activity: 1134

Merit: 502

Not every altcoin rise whenever Bitcoin price fall. On my experience what i see every dip in Bitcoin most altcoins are also falling. I think the reason is because Bitcoin is use by most alt coin for pairing in exchange.

OmegaStarScream

staff

Activity: 3500

Merit: 6152

Altcoins are tradable for BTC so when I sell bitcoin for that altcoin, there is more demand for the altcoin I'm trying to get and less for bitcoin because I'm fulfilling somebody else demand.

Al-e_x

member

Activity: 560

Merit: 11

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!

Topic: bitcoin down, altcoin rise. why? - page 23. (Read 1871 times)