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Topic: bitcoin down, altcoin rise. why? - page 5. (Read 1871 times)

member
Activity: 195
Merit: 10
August 19, 2018, 05:54:10 PM
I usually know that each altcoin rises when the price of bitcoin falls. but what affects the altcoin is that the bitcoin falls and maybe the bitcoin is used by most of the alt coins in exchange
member
Activity: 924
Merit: 12
August 19, 2018, 05:48:55 PM
now the opposite is happen...we see that bitcoin and altcoins moves in the same line and i'am really confused about that
newbie
Activity: 13
Merit: 0
August 19, 2018, 04:25:26 PM
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!
This simply happens because people are responsive to the price movement and as they react to gain from either side that's considered to move upwards, the market then find a balance until their is a common equilibrium. That's why BTC and Alts don't usually move upward together especially during a very steepy move otherwise both could just move gradually together
newbie
Activity: 168
Merit: 0
August 19, 2018, 04:24:40 PM
I actually do not see a signify rise in altcoin price especially when bitcoin is rising, with just a few altcoins has such qualities but with that they usually do not stay increase for long. Btc has some control over most altcoins and definitely follow suit when prices go down or rise.
full member
Activity: 532
Merit: 107
August 19, 2018, 04:13:00 PM
It actually due to last 4 months bitcoin price is stuck, so many people got bored with bitcoin. So they are moving into altcoin, that's why we see the price is increasing almost all altcoin, however, once bitcoin get strong, altcoin price will fall.
newbie
Activity: 13
Merit: 0
August 19, 2018, 04:11:11 PM
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.
You are absolutely right, and that's why the market tend to balance up the unease that's created during the demand for either altcoin or Bitcoin
jr. member
Activity: 280
Merit: 2
August 19, 2018, 03:53:11 PM
such a feeling that the team is given to everyone, they generate money from their wallets and capitalization is raster!
member
Activity: 602
Merit: 15
August 19, 2018, 03:31:21 PM
This market is much more complicated and very unpredictable by leveling with the ordinary stock exchange. It is difficult to predict his behavior in the future.
newbie
Activity: 252
Merit: 0
August 19, 2018, 03:25:02 PM
 I do not think it sounds.. Bitcoin and other reputable Altcoin are typically up and down in the Cryptocurrency market..I can see.the level of increase or decrease in value is not the same..Many factors can be deduced from the rise of up Altcoin but I don't really understand if that happens..
jr. member
Activity: 238
Merit: 6
August 19, 2018, 12:32:40 PM
Not all investors prefer to keep their capital in Bitcoin, when there is a hint of price snagging, they temporarily buy altcoin, thereby increasing its price.
jr. member
Activity: 392
Merit: 3
August 19, 2018, 12:28:28 PM
if in my opinion and I see the current market situation. the price of bitcoin is now down and the price of altcoin is also down. there are still no signs of both bitcoin and altcoin to return the price to rise.
member
Activity: 84
Merit: 10
August 19, 2018, 12:20:51 PM
this means that the distribution of altcoin is very concentrated.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.
newbie
Activity: 36
Merit: 0
August 19, 2018, 12:17:53 PM
I also can't think why bitcoin is down and altcoin is rising. What is because investing in bitcoin is too expensive and can be detrimental. If I personally don't think like that, even I think bitcoin is profitable. Smiley
jr. member
Activity: 63
Merit: 1
August 19, 2018, 11:57:57 AM
I don't think so I see bitcoin price down  with alltcoin price  also down. Even when  bitcoin price up alltcoin price down so I don't compare that price
full member
Activity: 336
Merit: 100
August 19, 2018, 11:54:38 AM
Bitcoin prices extended a downward movement below the USD 6,400 level. BTC / USD tested the USD 6,200 support area where buyers appeared. Currently the price is recovering and moving higher towards the main obstacle. Likewise, most altcoins such as Ethereum, ripple and bitcoin cash form a support base and start up correction with positive signs.
full member
Activity: 247
Merit: 100
August 19, 2018, 11:36:54 AM
The increase in Altcoin is one that has made a big impact or changes immediately before the decline. And besides, during the downturn, especially the decline in bitcoin, sometimes affecting some altcoins if coins are a good project, many investors use the opportunity to put up their wallets.
newbie
Activity: 266
Merit: 0
August 19, 2018, 11:18:30 AM
many people buy these coins, so demand increases so prices will increase even if the price of Bitcoin moves in the other direction. I will only add to my vision! If bitcoin's growth is very sharp, that means capital is being poured into it, and then all the other coins fall! But now not everything is clear what is happening with the market, those who control it go down and rise in price.
hero member
Activity: 1918
Merit: 564
August 19, 2018, 11:16:49 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!

Hi there Al-e_x! The only reason i could think of why altcoin rises with the fall of bitcoin is investors transferring their assets to the so-called bitcoin alternative platforms.

With stiff competitions around, altcoin has been trying to outgrew and outsmart bitcoin continuously struggling to outshine the most preferred crypto of them all. Thus, it is not surprising why other investors choose to move from bitcoin to altcoin making altcoin value rise as bitcoin values falls.
newbie
Activity: 110
Merit: 0
August 19, 2018, 10:28:36 AM
Don't afraid. Crypto currency market price will be up and down. I think not only bitcoin price down, many coins price will falling down. Because all alt coin are bitcoin related. We hope that bitcoin price will be high again. Most of people are involved in the bitcoin.
sr. member
Activity: 1624
Merit: 267
August 19, 2018, 10:17:44 AM
Altcoins are deoends to the bitcoin if they dump the altcoins dumo too. But they have scenrio that bitcoin price dump while the other altcoins pump. It means once bitcoin die they have altcoin can replace bitcoin. But mostly they same what happen to each other.
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