Pages:
Author

Topic: Bitcoin is less stable than some ALTs ! - page 3. (Read 26376 times)

hero member
Activity: 3136
Merit: 591
Leading Crypto Sports Betting & Casino Platform
January 06, 2019, 06:05:10 PM
I see that decentralization is what people like and that will not be taken over by the centralized-semi centralized coins. Bitcoin being as less stable in your thought can't be replace if you have that type of thinking with it. After we saw XRP got replaced by ethereum to their very own title of number two, each of their market cap is starting to get from each other. I really don't think that bitcoin will be get out and pulled out of its rank so fast and easy.
hero member
Activity: 994
Merit: 502
January 06, 2019, 05:47:31 PM
I think that discussing the crypto market we should not overstated stability. Stability is good in other markets, but few in the crypto market rely on stability. I would even say that the opposite is true; many rely on its instability, as this brings the main income.
I consider it altogether senseless to compare altcoins with bitcoins. Comparison of altcoins with each other is still valid, but Bitcoin...
Yes, different currencies, at different times, behave differently regarding  Bitcoin. But Bitcoin is Bitcoin, the main manipulations on the market occur precisely with this coin, so it will have distinctive exchange fluctuations from fluctuations of the altcoin rate.
Regarding centralized currencies, and more precisely ripple, I would like to note that this coin is really excellent. It is already used by many banks and in time, even more banks will begin to use it.
newbie
Activity: 140
Merit: 0
January 06, 2019, 05:01:21 PM
The main point here is that bitcoin can be more volatile and stable in price depending on market situation or trend including the bitcoin demand and supply so it's not always a real fact if we said the altcoin is more volatile compare to bitcoin sometimes bitcoin experience a very fast or higher moving while compare with other coin such as Ethereum which can be slower or decrease . it's only determined by market conditions or trend in that coin.
jr. member
Activity: 92
Merit: 1
January 06, 2019, 04:29:04 PM
Kind of an unusual situation, I am not sure it works for long except for XRP will historically is very stable (due to its large circulating supply making it difficult for price to change dramatically).
member
Activity: 546
Merit: 32
January 06, 2019, 04:25:23 PM
Cryptocurrency market is unstable. I think we all understand that already. That is why we must be very careful about investing in cryptocurrency.


Cryptocurrencies are not stable so we cannot comparing the stability between one cryptocurrency to other so my opinion is if Bitcoin is less stability then people will adopt to the situation then it will be easily managed by them so Bitcoin is less stable but it has more power.
hero member
Activity: 1722
Merit: 528
January 06, 2019, 03:30:14 PM
I think it is not true but if bitcoin price low it will not effect or harms to altcoin both are in different. we can't predict the any crypto so don't worry about this... just study and do invest in top coins and new coins.

I know that it is hard to invest on some of the altcoins right now but you should try it.

Investing your money also means that you are risking your money. Not in the way that it is the same with gambling, no it is different with gambling. I am just saying that every investment that you will be doing can't be a certain profit for you. That is the reason you should not always stick at something you know, you should learn some things based on the things that you did not know. It is an experience for you.
jr. member
Activity: 322
Merit: 1
January 06, 2019, 02:42:29 PM
No coins is to be stable, is it stable at one price and never goes up or down. No, the price should be fluctuating (increase and decrease) tyats6what we called trading market. Moreover, I will like to say that, a fall or increase in the price of bitcoin will definitely affect the price of other altcoins as well.
sr. member
Activity: 812
Merit: 251
January 05, 2019, 07:21:48 AM
I think it is not true but if bitcoin price low it will not effect or harms to altcoin both are in different. we can't predict the any crypto so don't worry about this... just study and do invest in top coins and new coins.

It's emphatically false as most altcoins seems to be in tandem with bitcoin and they do rise and fall together and at almost the same rate so i don't agree that bitcoin is any less stable than the altcoins.They are just the same unless a few altcoins that are being pumped here and there by their developers.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
January 05, 2019, 04:34:38 AM
Bitcoin is still stable inspite of the dump.
Stable after the dump is correct. Daily swings are between 1% and this would be correctly called a new support level at 4000$ trying to drive the price above this mark but some resistance is there above 4000$ which keeps it from rising further.

Quote
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.
Good to see the forum members still bullish on bitcoin. Lets hope for the best. Cheesy

Quote
Market drop is natural and i know that we all know that.
It is true that what is being lost is the dollar price of the asset and not money directly.

Quote
If the price will start to increase this year, im sure people who talked negative on it will become their reverse.
Their negative propaganda is  to instill fear in the hearts of traders so that they start selling and they can catch the dump.
hero member
Activity: 1078
Merit: 501
January 03, 2019, 01:05:44 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?



In the past bitcoin was highly volatile because of the ways newbies rushed into it but now it becoming more stable than before and not because it is good than other coins but because it is more popular than others coins and that is why professionals prefer it to others coins.  I also believe that we should look at bitcoin as a currency and currency need to be stable in price before people can used it.
Don’t worry this is not Permanent but it is just a temporary stability because we know that it is nature of bitcoin that it often increased and decreases but no worries soon everything will be fine. People enters the market so they mostly ask about bitcoin than other Alt coins so that's the reason more investments makes the price changes.
sr. member
Activity: 2422
Merit: 357
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.
sr. member
Activity: 882
Merit: 269
January 03, 2019, 03:18:01 AM

 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?



In the past bitcoin was highly volatile because of the ways newbies rushed into it but now it becoming more stable than before and not because it is good than other coins but because it is more popular than others coins and that is why professionals prefer it to others coins.  I also believe that we should look at bitcoin as a currency and currency need to be stable in price before people can used it.
member
Activity: 168
Merit: 47
False Moon
January 03, 2019, 03:06:21 AM
I never think that Alts is more stable than Bitcoin. In my opinion, Alts is always on the edge of the cliff. Every day we notice that many Alts are dying. We will always selectively focus on those Alts that have a huge increase, more Alts actually are dead, but we ignored them.
sr. member
Activity: 1162
Merit: 251
January 03, 2019, 02:21:16 AM
Bitcoin are like the rest of altcoins. They all not too stable and can be say nothing was so stable in cryptocurrency aa their price depend on buyer more then seller. Where no buyer so their will be more seller and the price will go down. Simple as that.
The point is that bitcoin can be more volatile or can be more stable depending on market conditions, including buyers and sellers. so it's not always true if the altcoin is more volatile, sometimes bitcoin is very fast moving, while Ethereum is slower. it's only about market conditions in one coin
sr. member
Activity: 784
Merit: 251
January 02, 2019, 07:48:38 PM
I always think about XLM and I always believe that coins will remain strong even though BTC prices are down and so far I always buy XLM from the money I get from work and I will hold it until the coin price is at the highest rate, because the development of XLM is also very good and many agents have received coins so that XLM is worthy of being a long-term investment.
True coin XLM does have potential, we also know that bitcoin has been able to compete and prove that the price of bitcoin is consistently top on the market. it's up to you to put your capital anywhere, most importantly you are able to deal with the risks that will come and I prefer to invest in Bitcoin.
full member
Activity: 2590
Merit: 228
January 02, 2019, 06:57:51 PM
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.



Definitely your are perfectly correct mate all altcoin are affected if bitcoin goes lower their value, unfortunately bitcoin fluctuations as of now are stay in good not waving huge percentage up and down.
sr. member
Activity: 1288
Merit: 253
January 02, 2019, 06:30:19 PM
I always think about XLM and I always believe that coins will remain strong even though BTC prices are down and so far I always buy XLM from the money I get from work and I will hold it until the coin price is at the highest rate, because the development of XLM is also very good and many agents have received coins so that XLM is worthy of being a long-term investment.
hero member
Activity: 2184
Merit: 531
January 02, 2019, 03:53:16 PM
I think choosing only 2 alts to compare to bitcoin wouldn't give a much accurate comparison. There are a lot of other altcoins out there who couldn't even survive the severe bear market and they are dead now. I still think altcoins are more volatile than bitcoin.

You are right. Some altcoins have no volatility because nobody is trading them. You can find many altcoins with very low volume and price traded on some manipulative exchanges like yobit and compare them to Bitcoin to prove a point. It won't mean anything. In general altcoins are more volatile than Bitcoin because they depend on Bitcoin and on themselves. Exceptions can always be found but they don't disprove the general rule.
member
Activity: 377
Merit: 10
January 02, 2019, 02:24:01 PM
It seems that bitcoin has stability in the long run, and every move always affects the altcoin. The movements that occur are not too sharp and tend to be slow but sure. The beginning of the year will be a better movement and can increase the confidence of enthusiasts returning to crypto.
full member
Activity: 1750
Merit: 118
January 02, 2019, 02:23:34 PM
In the short term, alt is more stable than bitcoin, but in the long term, bitcoin has better stability and will survive, because it becomes the main coin and is more in demand.

Alts are always stable whether for short or long term but in some instances alts follow on what is the movement of btc therfor we can sometimes say that alts are unstable if btc is also unstable  but the occurence can happen rarely  .

Bitcoin does have a fluctuating journey that continues and fluctuates, this gives many different requests and offers that will continue to change

But even altcoins do also fluctuates because it is still part of a crypto and cryptocurrencies are known to be volatile compare to other currencies .
Pages:
Jump to: