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Topic: Bitcoin is less stable than some ALTs ! - page 10. (Read 26376 times)

hero member
Activity: 1246
Merit: 529
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November 18, 2018, 10:04:39 AM
#53
Ya, bitcoin have more volatile than alts, its because bitcoin is the key for alt movement, the whale make it for easy pump for alts I guess. You can see the chart every btc move, alts down also. And if btc stable alts goes growth.

Well perhaps at times yes, but normally btc is more stable compared to how most alts fluctuate. Though it's given that news about bitcoin and it's reaction affects the whole market more than individual alts does, including eth and bch.
copper member
Activity: 648
Merit: 159
November 18, 2018, 09:28:40 AM
#52
Ya, bitcoin have more volatile than alts, its because bitcoin is the key for alt movement, the whale make it for easy pump for alts I guess. You can see the chart every btc move, alts down also. And if btc stable alts goes growth.
I suggest for you guys who want to trade safe, just go buy USDT for stable coin, don't care about market crases and your fund still stay the same.
hero member
Activity: 1750
Merit: 589
November 18, 2018, 07:57:06 AM
#51

 So regardless of the reason of this last dip. I noticed 2 of the top 10 coins ( XRP and XLM) sort of survived the dip and performed well against BTC which usually is not the case comparing this dip to  previews dips . take 11th oct 2018 for example.

in USD rate in the last 7 days :

BTC dropped : 13.48%
XRP dropped : 6.7 %
XLM dropped : 9.2%

also XRP surpassed ETH "not for the first time" but this time i think it will last.


I think that these 2 coins will remain more stable than bitcoin for a long time.

seems like centralization or semi-centralization in crypto is going to take over one way or the other. I hope not but we shall see soon.

tell me what you guys think?



Guess you can only say this because the price of bitcoin is higher than that so the range of bitcoin is more complex than some altcoins. You cannot compare the bitcoin to other altcoin which has a price less than its half, it is way too far different to bitcoin. Just imagine if bitcoin declines up to 50% its price is still higher than altcoins decreasing price to 50%.
hero member
Activity: 1470
Merit: 655
November 18, 2018, 06:02:16 AM
#50
at the end of the day even if shitcoins such as XRP remained 100% stable with no price change at all, that still wouldn't change a thing. they are still considered centralized shitcoins that people only buy whenever they are getting pumped.

additionally you should know that stable price in an altcoin means that altcoin is dead! because nobody no longer trades it. i can give you about 2 or 3 hundred examples of altcoins that have not moved at all in the past couple of months. they are worth pretty much the same as they have always been worth (1 satoshi and less). you can't call that "stable" you call it dead.
sr. member
Activity: 686
Merit: 250
November 18, 2018, 05:47:29 AM
#49

 So regardless of the reason of this last dip. I noticed 2 of the top 10 coins ( XRP and XLM) sort of survived the dip and performed well against BTC which usually is not the case comparing this dip to  previews dips . take 11th oct 2018 for example.

in USD rate in the last 7 days :

BTC dropped : 13.48%
XRP dropped : 6.7 %
XLM dropped : 9.2%

also XRP surpassed ETH "not for the first time" but this time i think it will last.


I think that these 2 coins will remain more stable than bitcoin for a long time.

seems like centralization or semi-centralization in crypto is going to take over one way or the other. I hope not but we shall see soon.

tell me what you guys think?



For now, what you say is true, the price of Bitcoin has been reduced so high that it is even worse than other altcoins. Declining trust factors, panic and dumping actors are the main actors. I feel this situation is difficult to predict and we must try to be patient so that Bitcoin Prices can rise again.
jr. member
Activity: 916
Merit: 1
November 18, 2018, 05:41:11 AM
#48
I also mentioned that bitcoin is losing more than other coins. But I think it may happen because btc is much more valuable and that's why it is happening.
Anyway it's not good at all and it seems that btc is not going to rise in nearest time. All we have to do is to wait...
jr. member
Activity: 482
Merit: 3
November 18, 2018, 05:20:18 AM
#47

 So regardless of the reason of this last dip. I noticed 2 of the top 10 coins ( XRP and XLM) sort of survived the dip and performed well against BTC which usually is not the case comparing this dip to  previews dips . take 11th oct 2018 for example.

in USD rate in the last 7 days :

BTC dropped : 13.48%
XRP dropped : 6.7 %
XLM dropped : 9.2%

also XRP surpassed ETH "not for the first time" but this time i think it will last.


I think that these 2 coins will remain more stable than bitcoin for a long time.

seems like centralization or semi-centralization in crypto is going to take over one way or the other. I hope not but we shall see soon.

tell me what you guys think?




How can centralisation or semi-centralization take over? The market value got nothing to do with Decentralization or Centralisation but based on the project itself and community back up.

Bitcoin volatility is very huge right from inception.
sr. member
Activity: 728
Merit: 252
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November 18, 2018, 01:59:42 AM
#46
look at the last 3 daily candles. BTC is dumping , xlm doesn't give a fuck ! .

look at your yearly chart.... it was more overvalued than any Alt during the December FOMO. It still looks overvalued by a lot of people but go hard if you want with it.

Altcoin indeed many experienced some development in recent years. thus generating more stability in the marketing of coins. This also happens at a lot of experienced Bitcoin stability. comparison of Altcoin and Altcoin, to the stability of the Bitcoin becomes more stable than Bitcoin for now.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
November 18, 2018, 01:38:42 AM
#45
Even if your stats are a bit faulty to start with, you still do not use a once off situation like this to determine the volatility of a specific coin. The volatility differ depending on the circumstances and if a specific coin is being pumped at the time when something bad happens, then it will take longer to show signs of volatility against other coins.

Despite that, I will not invest in coins that are being supported and controlled by large Banks.  Angry    Tongue  Your attempt to shill for these Alt coins failed.  Grin
newbie
Activity: 70
Merit: 0
November 18, 2018, 12:12:20 AM
#44
yes some Alt coins are maintaining stable price in a long term.
hero member
Activity: 728
Merit: 500
November 17, 2018, 06:52:14 PM
#43
Bitcoin is still stable, but not by the way that it was before.

I think that the best time for bitcoins was when the price was roughly at $1000 - $2000 for the first time, it was pretty stable and you didn't had to think about the fluctuations all the time.

Now everything is different, but we don't know till when.

legendary
Activity: 2394
Merit: 6581
be constructive or S.T.F.U
November 17, 2018, 05:00:20 PM
#42
the main point here is simply asking why havn't we seen a huge drop on xlmbtc and xrpbtc ? usually when BTC dips alts dumps against it. but this last dip it was pretty different.

it is because in the charts you have posted here, you have zoomed out of bitcoin chart as much as you could and you are looking at the daily charts while you have zoomed in the altcoin charts and are only looking at the bounce back part of it so you think there was a rise.

what happened is that there is a huge FUD going on against bitcoin and there is a huge sell off in bitcoin market which is KEEPING the price down while the altcoins got dumped as bitcoin dropped but since there was nobody "continuing to sell them" the price bounced back a little hence decreasing the over all size of the drop when you calculate it using the current price and price before the drop.

you have  quite a good imagination , i did not zoom out or in of anything. i simply screenshot the charts as they were showing on my screen with no intention of making any illusion. the charts were simply to show you the last 3 candles on the daily chart regardless of how large or small they may look they are all on the same time-frame. these are charts based on real values, it's not what i THINK as you mentioned.


any how, you have a good explanation on why haven't those coins dumped. which is obvious ! nobody was "continuing to sell them" which has not been the case in most other dips. most of the time if not all, every time people sold bitcoin with that huge volume , people panic and sell more ALTs. it's this concept that most traders have, if btc that has almost 50% of the market cap is dipping then it will only be worse for ALTs. but this time it was different. and if you look at XRP chart of today it's up 5.5% the last 24 hrs. this makes xrp down by -2.7% on 7-days change.
xlm gained 2.77% the past 24hrs makes it down -5.32% based last 7 days change,
while bitcoin gained .16% the past 24hrs and down by -13.46%  on 7 days change  * all based on USD rate for 7 days change.




the image above is from CMC app , which represents the average of most exchange platforms.

if you can't trust the numbers shown there. open the charts and do the calcs yourself. you will get at least 99% the same figures. so really it's nothing of what I THINK , it's what the numbers show.


Again i am not shilling any of these coins, in fact i am quite upset about my thoughts. i am worried that people will keep selling their btc for ALTs ,specially those POS coins that i personally dislike.

one guy i knew sold all his btc for xrp thinking xrp has a better support by bankers and in terms of growth centralization will have better success. seems like he is not the only one thinking this. and this may be a new trend for many traders. I hope i am wrong tho.

anyway the next DIP will show how will investors react.


I pay attention to some stable altcoins, those are...
DGD (DigixDAO)
USDT (Tether)
MKR (Maker)
BTS (BitShares) and DAI
to be honest, Bitcoin is still far less stable than these five altcoins.

i wouldn't touch any of those coins. risky as hell. if you want to be in the stable mode then just keep fiat. just my 2 cents


If we analyze the market in 7 days interval, we can arrive to any conclusions, depending on which intervals exactly to pick. Maybe for now BTC seems more volatile then some of ALTs, but in the long run I don't find these charts to be a reliable source of data for trading or investment decisions.

indeed , 7 days interval is no were near accurate enough to come up with any conclusions. but this could be a kick-start of a new era. Shitcoins surpassing BTC, and if that train is about to move i want to be in it not just watching from the outside Cheesy
newbie
Activity: 40
Merit: 0
November 17, 2018, 03:22:47 PM
#41
If we analyze the market in 7 days interval, we can arrive to any conclusions, depending on which intervals exactly to pick. Maybe for now BTC seems more volatile then some of ALTs, but in the long run I don't find these charts to be a reliable source of data for trading or investment decisions.
full member
Activity: 1890
Merit: 101
November 17, 2018, 02:55:41 PM
#40
I pay attention to some stable altcoins, those are...
DGD (DigixDAO)
USDT (Tether)
MKR (Maker)
BTS (BitShares) and DAI
to be honest, Bitcoin is still far less stable than these five altcoins.
full member
Activity: 756
Merit: 103
November 17, 2018, 12:41:34 PM
#39
If a coin is more reliable and productivity, then it could pump in all the methods, but all of these coins rely on Bitcoin so they dance with BTC.
XRP still not yet reached $1 from the past few months, not sure why people sell.
sr. member
Activity: 672
Merit: 253
November 17, 2018, 12:35:11 PM
#38
Some of Alts might seem more stable than bitcoin in this period. But it doesn't show that they are stronger than bitcoin. Since their prices are les than bitcoin, they may be affected less by this recent dump. It is just a temporary situation and means nothing.
member
Activity: 364
Merit: 10
November 17, 2018, 08:39:14 AM
#37
Today's fall is caused by market manipulations aimed at a bitcoin price collapse. Perhaps most of the Bitcoin was sold in order to buy BCH before the upcoming hard fork, and some traders began selling Bitcoin after succumbing to panic in the market. Some altcoins can actually show greater stability compared to Bitcoin, but this is more likely because teams are easier to control the price of coins with lower capitalization than to control the price of Bitcoin, whose capitalization exceeds 50%.
member
Activity: 126
Merit: 29
Get Maximalist or Get Wrecked
November 17, 2018, 01:37:56 AM
#36
look at the last 3 daily candles. BTC is dumping , xlm doesn't give a fuck ! .

look at your yearly chart.... it was more overvalued than any Alt during the December FOMO. It still looks overvalued by a lot of people but go hard if you want with it.
hero member
Activity: 1078
Merit: 504
November 17, 2018, 01:23:00 AM
#35
Is there any meaning to this thread.? Check your facts first, most of it is just your opinion and not truth. No alt has even a slightest chance to compete against BTC so there is no meaning in comparison.
legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
November 17, 2018, 01:14:51 AM
#34
the main point here is simply asking why havn't we seen a huge drop on xlmbtc and xrpbtc ? usually when BTC dips alts dumps against it. but this last dip it was pretty different.

it is because in the charts you have posted here, you have zoomed out of bitcoin chart as much as you could and you are looking at the daily charts while you have zoomed in the altcoin charts and are only looking at the bounce back part of it so you think there was a rise.

what happened is that there is a huge FUD going on against bitcoin and there is a huge sell off in bitcoin market which is KEEPING the price down while the altcoins got dumped as bitcoin dropped but since there was nobody "continuing to sell them" the price bounced back a little hence decreasing the over all size of the drop when you calculate it using the current price and price before the drop.
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