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Topic: Bitcoin is less stable than some ALTs ! - page 5. (Read 26376 times)

hero member
Activity: 812
Merit: 500
December 28, 2018, 11:51:09 AM
lately the value of bitcoin tends to be stable and persist in the range of $ 3000. when a lot of altcoins keep moving up or down, bitcoin is still very slow, and that certainly makes investors and hodlers a little hurt by this situation. but this is a good start to starting market movements next year.

Bitcoins price movements are generally slower as compare to the altcoins. The reason for this is that bitcoin marketcap is much larger than any of the alt and it is not easy to manipulate the bitcoins easily as compare to alts which are low in volume.
full member
Activity: 714
Merit: 100
December 28, 2018, 04:42:32 AM
maybe you wanted to say BTC is the most stable coin out of the other cryptocurrency because the price of altcoin depend greatly on bitcoin and ones the price of bitcoin fall slightly, the altcoin price also fall. However, BTC is still more stable because of High trading volume and besides during deep fall, trader tend to exchange some altcoin for BTC to stay very safe.
Bitcoin seems like it is more stable because it takes time before it become profitable unlike alts that is only for short term where you can get high profit but it is not exist that long because at times that it is very down, we do not see any recovery from it. Bitcoin no matter how far it fall, we are gaining an opportunity from it to invest because it has recovery even for long time

yes its true and i agree on the both of you  . btc indeed is stable because the value is stock up on 3000 usd this year while last year the value is also stranded on 8k to 7k levels   .   about altcoins , not all alts were stable because the altcoin is not a single crypto but rather it consist of different set of coins  . erc20 tokens is another type of altcoins under the etherium platform   .  all of them has a different value depending on thier demand and supply  .
sr. member
Activity: 2520
Merit: 280
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December 28, 2018, 04:41:04 AM
Yes it is,we can get this from the bitcoin dominance level increase too,Now more people keep shifting from their alts to bitcoin and starts to holding it but there are some people who uses this opportunity to make some quick bucks which causes the other people to lose their capital so everyone need to hold if they want the prices to go higher.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
December 28, 2018, 04:26:40 AM
I have no concern about bitcoin, even though the condition of bitcoin is not stable but bitcoin is more likely to survive and have a better chance of growth in value.
Bitcoin has survived this long it only shows the faith that people have in it and its power to survive in dire situations. Users trying to fork bitcoin into shitcoins never really did good in the economy and those who have tried to copy the concept into making another bitcoin failed to do so. All these should spark hope in the minds of the common people who are eager to know about it or are bag-holding tons of bitcoin for future moon.

And don't you know that investing only in bitcoin is not a competent management of the investment portfolio and every self - respecting investor always divides his Deposit into bitcoin and 50% of savings in altcoins. Cool
You are not aware of the truth mate. The amount of altcoin diversification that you want is obviously your own personal decision but to keep your portfolio worth your time and money better to keep alts at the least possible amount.
full member
Activity: 952
Merit: 107
December 26, 2018, 03:57:52 PM
maybe you wanted to say BTC is the most stable coin out of the other cryptocurrency because the price of altcoin depend greatly on bitcoin and ones the price of bitcoin fall slightly, the altcoin price also fall. However, BTC is still more stable because of High trading volume and besides during deep fall, trader tend to exchange some altcoin for BTC to stay very safe.
Bitcoin seems like it is more stable because it takes time before it become profitable unlike alts that is only for short term where you can get high profit but it is not exist that long because at times that it is very down, we do not see any recovery from it. Bitcoin no matter how far it fall, we are gaining an opportunity from it to invest because it has recovery even for long time
full member
Activity: 602
Merit: 100
December 26, 2018, 03:10:55 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?



And don't you know that investing only in bitcoin is not a competent management of the investment portfolio and every self - respecting investor always divides his Deposit into bitcoin and 50% of savings in altcoins. Cool
copper member
Activity: 497
Merit: 0
December 26, 2018, 01:41:52 PM
I have no concern about bitcoin, even though the condition of bitcoin is not stable but bitcoin is more likely to survive and have a better chance of growth in value.
full member
Activity: 616
Merit: 100
December 26, 2018, 12:30:26 PM
That was a momentary situation coins can vary in there dip at various time that doesn't mean bitcoin is less stable than the above altcoins you mentioned besides bitcoin experiences the most volatility


it could be like that, maybe this is a tough year for bitcoin. but my belief is still the same, bitcoin will experience good value again. so does altcoin. all will experience fluctuations
Bitcoin affects the value of other coins and usually the first one changes so that Bitcoin always looks up and down, while Altcoin has a longer change because it is influenced by Bitcoin because sometimes sometimes before altcoin goes up or down, Bitcoin has undergone some changes and it makes Bitcoin look more unstable.
legendary
Activity: 3486
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December 26, 2018, 12:01:31 PM
XRP and XLM are altc that continue to improve with the development that continues to be made, I personally have long felt that XLM is a coin that has very good potential in the future that we initially knew them with stellar coins. So by being able to survive the two coins behind the fall in the price of bitcoin, I do believe it, but still the value of bitcoin will not be exceeded by the two coins even though they are more stable.
member
Activity: 420
Merit: 10
December 26, 2018, 11:06:16 AM
The position of bitcoin is said to be less stable because it fluctuates with market conditions not with ALT and also some bitcoin investors have full confidence in bitcoin compared to some ALTs and that is very stressful
sr. member
Activity: 1274
Merit: 259
December 26, 2018, 08:07:20 AM
That was a momentary situation coins can vary in there dip at various time that doesn't mean bitcoin is less stable than the above altcoins you mentioned besides bitcoin experiences the most volatility


it could be like that, maybe this is a tough year for bitcoin. but my belief is still the same, bitcoin will experience good value again. so does altcoin. all will experience fluctuations
full member
Activity: 686
Merit: 108
December 26, 2018, 07:30:56 AM
Bitcoin is very volatile by the nature and that is nothing to be surprised of. Comparison with other altcoins isn't very appropriate and volatility is not the only feature that should be measured when estimating the value and success of some coins.
No matter the high volatility and some issues that Bitcoin has, to my opinion there is no other coin that could be true challenge to Bitcoin or some that could achieve its success any time soon and take its place.
Yeah, very volatile and yet its more profitable compare to other altcoins. I think the reason why some altcoins are more stable is that, there is no demand on that coin at all and the hodlers can’t sell higher that’s why they have no choice but to hold. Bitcoin is a big thing, this is the father of all and the success of bitcoin is also the success of all altcoins.
legendary
Activity: 2912
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December 26, 2018, 07:21:11 AM
Bitcoin is very volatile by the nature and that is nothing to be surprised of. Comparison with other altcoins isn't very appropriate and volatility is not the only feature that should be measured when estimating the value and success of some coins.
No matter the high volatility and some issues that Bitcoin has, to my opinion there is no other coin that could be true challenge to Bitcoin or some that could achieve its success any time soon and take its place.
sr. member
Activity: 1932
Merit: 370
December 26, 2018, 07:05:00 AM
It's  not comparable with the Alts as btc is currently undergoing a temporary dip that will recover few weeks from now.  Alts should be compared with the other alts and not with bitcoin since the price value is no match with the comparison. Nothing can match with btc as this currency had surpassed many trials within 10 years since it started in the crypto market and a current price value is way up high tan it was before. In my opinion, btc is still the most stable coin than the rest of the other crypto currencies.


 Everyone has its own opinion on what to become on Bitcoin and the  future of crypto market. I am sorry but i don't agree with the above question as posted. Bitcoin still remains the most trusted crypto in the market. Market price may goes ups and down beacuse of a lot issues confronting Bitcoin, the issue on Scammer, Hackers, and the never ending issue on Regulation. All of this negative indicators take the price of Bitcoin down. But even with this happining in the crypto market, it is the most trusted coin in the market.
jr. member
Activity: 462
Merit: 1
December 26, 2018, 04:54:03 AM
Some alternative cryptocurrencies may not fall as much in price as Bitcoin during problems in the market. But at the same time, they are not so valuable, people do not invest so much money in them, and therefore the negative impact may not be so strong.
member
Activity: 251
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December 26, 2018, 03:43:27 AM
Bitcoin still better coin than any other coins. Bitcoin is leading many altcoins. So it is the boss of crypto currency market. Day by day the popularity of Bitcoin also increasing. Bitcoin has enough value and potential.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
December 26, 2018, 02:55:01 AM
Yes Bitcoin is less stable than others. So people like Bitcoin more. Due to the very unstable, people get good profit in Bitcoin. So being volatile is a good thing for Bitcoin.
Human brains work in strange fashion. A few days ago when bitcoin prices were stable at 6k people were complaining that it was "too stable" and that market was not worth putting money in. Now when there has been a down trend and a correction upto 4k people are complaining it to be "too unstable". Humans are never happy with anything - you give them A they ask for B and vice-versa Grin

If we do check price charts compared with last year there has been a drop but not leaps and drops so I would say it has been a simple bearish trend and not volatile.
sr. member
Activity: 700
Merit: 251
December 25, 2018, 12:38:47 PM
Its not like how you are thinking actually xrp and xlm had their bad times too and they were very volatile at those times. And now btc is facing the heat and being volatile due to a lot of manipulation and many other reasons.

But yes if you consider the shorter time frame then these coins are quite stable as compared to market dump.
jr. member
Activity: 123
Merit: 8
December 25, 2018, 12:30:19 PM
Any of the tokens at a certain moment has some positive news affecting its price. Therefore, it happens that the entire market is in the blood and a few tokens grow. There is nothing surprising. Today ripple fell more than bitcoin, and tomorrow everything will be the opposite-it's the market.
copper member
Activity: 280
Merit: 0
December 25, 2018, 11:28:13 AM
Yes Bitcoin is less stable than others. So people like Bitcoin more. Due to the very unstable, people get good profit in Bitcoin. So being volatile is a good thing for Bitcoin.
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