Bitcoin is less stable than some ALTs ! - page 2.

jabrix

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Quote from: Belec on January 14, 2019, 08:52:26 AM

In my opinion, this is not strange, because bitcoin has the highest value and its decline is noticeably seen from other crypto currencies. This instability among coins is most likely to be at the expense of bitcoin, I admire that some less important and less popular coins have been raised on the basis of the fall of larger coins, we will see how the situation will continue.

All coins have different properties, depending on market conditions. Bitcoin at the moment becomes the most stable coin, but at other times it can be a more stable altcoin.
So in my opinion the market response will determine the stability of the price of a coin.

akram143

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Quote from: CryptoKush on January 16, 2019, 03:00:14 PM

I think Bitcoin is more stable than altcoins. Therefore, many traders prefer to trade Bitcoin. In the bear market, Bitcoin is the most stable cryptocurrency.

I don't definitely think at anytime Bitcoin is not a stable currency but some of the other currencies are not stable as like Bitcoin but comparing other altcoin with Bitcoin will not be a right thing if Bitcoin will not be here then the other cryptocurrency or not definitely a worthless currency.

CryptoKush

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I think Bitcoin is more stable than altcoins. Therefore, many traders prefer to trade Bitcoin. In the bear market, Bitcoin is the most stable cryptocurrency.

Ozero

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Quote from: mikeywith on November 15, 2018, 02:05:08 PM

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?

What you showed means absolutely nothing. If you take a particular day and a few coins, you can bring dozens of similar cases with other coins. This, incidentally, was recently with ethereum, and many recently paid attention to the sharp growth of this coin compared to bitcoin. To assert this, a longer period of research is needed, otherwise it may just be an accident. Sometimes coins and tokens simply do not have time to quickly respond to rapid price changes in the market.

jeromix

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Ako Bayot!

Bitcoin is more stable than other coins but less stable than USDT. The USDT crypto has just followed the market price for US Dollars. Besides the USDT crypto was design as an replacement for US dollars when using crypto as a means of payment and as a means of receiving money from the payment.

Altcoins could move faster this because a lot of users in the community believe in the project so they keep buying on the coin and consider as an asset like bitcoin.

marjil

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Quote from: efxtrader on January 02, 2019, 04:39:46 AM

I think some Alts drop the price too and many good alts drop the price more than 80%. I think its the same with bitcoin because as main currency in cryptomarket, its affecting to most altcoin price in market.

I think what the OP was saying is that within a seven day timeframe the price of bitcoin dropped by more than two other coins in percentage terms. I don't believe any comparison was being made with other coins or longer timeframes.

Valer4ik

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Bitcoin is able to surprise both ways, besides, not all ICOs and other scam have died from hunger, and they collected bitcoins from suckers and do not appreciate them, they sell a lot and easily, so everything is possible, but not for long. Their appetites are brutal and most of them even a growing market will not save, all the same, they will die and die from exhaustion.
Actually this is one of the main drivers of the fall, it was not necessary to invest money in ICO and altcoins, they spend your bitcoins on "whores, cocaine and worthless developers"
...
So far I have taken a wait-and-see position, I almost do not trade, I travel around the country and the world, I follow the crypt in the floor of my eye, waiting for the cleansing of the market to take place naturally.

Thanasis

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Quote from: mOgliE on January 14, 2019, 09:26:06 AM

Quote from: mk4 on November 15, 2018, 11:18:35 PM

Most alts are still tanking significantly harder.

I disagree. Looking at the chart you can see lots of alts are stable compared to BTC and most of them follow the same pattern. A few of them are dumped harder.

That's the sad truth about alts. Some of them propose something different but the vast majority is just a pupeet of BTC. BTC goes up so does the alt. BTC goes down, so does the alt.

Most of the time I only see the price chart of the bitcoin to see what is actually happening in the cryotocurrency market and it works too.This shows people highly depends on the price of bitcoin for trading and investing but I think this needs to be changed if we want bitcoin to be used for what its meant for.

mOgliE

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Quote from: mk4 on November 15, 2018, 11:18:35 PM

Most alts are still tanking significantly harder.

I disagree. Looking at the chart you can see lots of alts are stable compared to BTC and most of them follow the same pattern. A few of them are dumped harder.

That's the sad truth about alts. Some of them propose something different but the vast majority is just a pupeet of BTC. BTC goes up so does the alt. BTC goes down, so does the alt.

Belec

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In my opinion, this is not strange, because bitcoin has the highest value and its decline is noticeably seen from other crypto currencies. This instability among coins is most likely to be at the expense of bitcoin, I admire that some less important and less popular coins have been raised on the basis of the fall of larger coins, we will see how the situation will continue.

TheUltraElite

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So anyway, I applied as a merit source :)

Quote from: ?? on ??

I always knew that Ethereum could regain its rightful second place. On account of Bitcoin and its stability in relation to Altonika I think he's better than holding the position or in relation to some coins of the percentage of price reduction are almost identical.

We are talking about the general "stability" of altcoins and not exactly one specific coin. Yes it does hurt to see a centralized shitcoin like ripple take over ethereum even though ethereum's basis is also flawed. What people lose when price drops is the dollar value or fiat based value of the asset and not any money directly. This shows the amount that you would be getting back if you decided to sell all at that price, but you are not selling right away at a loss obviously if you are wise enough.

This again does not mean that altcoins will not be manipulated. They need to be pumped so as to create some demand and supply dis-balance in order to let the whales take over. Grin

ynatopak14

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Quote

when bitcoin drops, altcoins get dumped hard unless they are on in pumping session.

SO TRUE!!! altcoins price are depending on bitcoin price in USD.
If BTC drops then their USD value drops also unless they get more BTC value in the market.

bravehearth0319

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Quote from: mikeywith on November 15, 2018, 02:05:08 PM

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?

Why are you comparing Bitcoin into altcoins which is XRP and XLM those two alts as far as I know are both categorize in based centralization therefore bitcoin has a big different with it. And you are deceiving others here in the forum and besides for what you are telling here is not valid instead it is very irrational, where did you get that information are you saying that those 2 alts are both stable than bitcoin, oh come on!

Valer4ik

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Colleagues, stop talking about demand, profitability, methods of application. After all, for the growth of prices it is not necessary

All markets are solid manipulation and draining of money from the players. Do you really think that the crypt is not like this and is growing due to some demand or news there?

All this growth - MANIPULATION. After all, over the past year, the cue ball became more popular, etc. and etc., but the price has slipped

The next growth will be when fat uncles need it

Everything written above is my IMHO. If you have arguments against. Write. I will be very happy to support a reasoned discussion.

Johnzky

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Quote from: merclyn on January 08, 2019, 05:58:00 AM

Bitcoin is more than just about the price in USD terms. Its stability should be measured more broadly than that. But even if that is all you care about BTC moves slower than the others who have much less marketcap, and things like ripple are just some corporate centralized pre-mined coin, and have very little in common with Bitcoin.

You are right mate,the comparison is stupid and nonsense because the market capitalization is not even close for the investors to move either growth or fall so i think theres no reason for this to be compared

Quote from: ?? on ??

there is nothing wrong with that and such corrections often occur on the cryptocurrency market. it seems to me that in any case in the future everything will grow in value

Ofcourse we must spare the shitcoins as the future is not destined for them,only for the legit is our trust must deserve so lets wait until the market fully recovered

imstillthebest

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Quote from: ?? on ??

You are totally wrong. BTC dropped from the all-time high of $20,000 to $3,000 while XRP from the all-time high of $3.50 to $0.30. Bitcoin is still the most stable coin out there, apart from Tether, True USD.

Yes i agree because that is also i notice everytime i checked the prices of my coins . i see that alts and tokens do fluctuate oftenly in a high volume while btc only moves in a light manner .

Quote from: ?? on ??

The way I see it, if you bought BTC and XRP at the all-time high prices, you would have lost more on XRP.

That depends on the amount you buy . if you buy equal amount of btc and xrp , you will loose more btc if they both have drop because btc is more expensive than xrp .

cizatext

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Quote from: mikeywith on November 15, 2018, 02:05:08 PM

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?

Any token or coin that goes through regulations and become centralized will have the backing of the government and have legal jurisdiction and if it serve real time usage then it will succeede why the price of bitcoin is always unpredictable is because of it decentralized nature which always leads to weak confidence in the sight of investors.

merclyn

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Bitcoin is more than just about the price in USD terms. Its stability should be measured more broadly than that. But even if that is all you care about BTC moves slower than the others who have much less marketcap, and things like ripple are just some corporate centralized pre-mined coin, and have very little in common with Bitcoin.

yazher

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You own the pen

As of now Bitcoin is less than stable than some top contender Altcoins, however it will not end here. let's hope that in this coming weeks the Table will turn just like the other months of positive hypes. all we can do now is pray for bitcoin to emerge again and claim the highest percentage for prize increase.

legenduim

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Quote from: goaldigger on January 03, 2019, 03:34:10 AM

Bitcoin is still stable inspite of the dump. Yes it still continuing to go down but its exiatence will last long enough that people and all nation will use it legally as a modern digital currency. Market drop is natural and i know that we all know that. If the price will start to increase this year, im sure people who talked negative on it will become their reverse.

I know that all of the cryptocurrencies are volatile. Nevertheless, I also see that Bitcoin shows better stability than most of the altcoins. Therefore, most investors trust this crypto.

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