Topic: Bitcoin is less stable than some ALTs ! - page 7. (Read 26376 times)
The btc drop might be big and alts small but I must tell you that the price of all alts will follow the btc dip in dollars value and that is why btc rule in the crypto as it is the back bone of the crypto which has a very strong reputation and that is why every one respect the btc, if btc pump and alts dip the fact that it increase it value will also add dollars value to the alts .
Your observation is right but that will never be accepted as the final position because the crypto market is never stable. Yes for some few weeks now XRP has overtaken ethereum but I believe it is for a brief period because the hard fork of ether that will be coming on at about early part of 2019 and this will highly impact on ether price and movement. I forsee ether overcoming the challenges XRP and regain her position.
XRP and XLM is good coin and having big market cap. Its mean their community very big and i think both coin will survive for long time. In 2018, most coin drop the price againts USD more than 90% including XRP and XLM or bitcoin. If we want trade, i think better using bitcoin because bitcoin is main cryptocurrency in market
Volatility is generated by the amount of people owning, using, trading bitcoin.
If we compare with any other ALTs, there no such crypto that have comparable adoption and usage, so it's technically more stable and if you follow the market, you will notice that about 80% of the times, ALTs follow the BTC prices
If we compare with any other ALTs, there no such crypto that have comparable adoption and usage, so it's technically more stable and if you follow the market, you will notice that about 80% of the times, ALTs follow the BTC prices
Because the dominance of bitcoin in the crypto market is huge, it is reasonable if volume up and down is huge. do not compare with altcoin, they have a small volume.
At least some people in this forum still have their brains intact.Obviously any altcoin has a lower volume than bitcoin compared. It is easier to manipulate the price of some never-heard-of-it shitcoin and make its price 400% gains to attract gullible traders attraction. They are going to jump into the fray thinking its going up even more only to be dumped on by the whales who were manipulating the market.
It saddens me to see that these basic concepts of the market are still not clear to many people in this forum.
Regardless of any statistics, bitcoin is the most stable crypto. No altcoin has stood the test of time compared to what bitcoin has been able to achieve in the world of cryptocurrencies. I believe people need to respect the pedigree of bitcoin since it surpasses most of the altcoins that we have around when it comes to stability.
yes I know that xlm and xrp are good projects, many people want to buy it when it's cheap that's the reason when the market is red some time ago the two coins can hold stronger than other coins like bitcoin and ethereum
as i know when the price of bitcoin dropping the other coin or alt coin price will be more stable in that time, but time by time the price of that alt will down and down, because of the altcoin price still depend on the bitcoin, so the bitcoin price will affect he altcoin price
How possibe is it to generalised an issue based on such two 2 alt coins which does not depicts a wholistic picture of the whole view ofthe things we see. We all aware of the control bitcoin directly or indirectly over the alts coins and that really gives fair idea of how alts coin are affected when btc falls. However that can not make it possible to render btc unstable or less stable than alt coins.
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.
Actually no one can ensure that bitcoin moves slower or faster than altcoins. both of them are volatile and sometimes stable. so don't worry too much about this because altcoin can be more volatile or more stable. it all depends on the current market conditions right?
Because the dominance of bitcoin in the crypto market is huge, it is reasonable if volume up and down is huge. do not compare with altcoin, they have a small volume.
We cannot compare the stability of bitcoin by just taking temporary figures because today the situation that bitcoin has face is much worse than any other cryptocurrency in the world and even in those situation the way that bitcoin progressing is remarkable so even bitcoin drop is much worse than any other Altcoin in the crypto world it is negligible because like the huge drop when bitcoin starts to increase its price it can be much higher than any crypto
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.
I do know that Bitcoin being the number one cryptocurrency doesn't mean it has to surpass all altcoins in every expect. Though the bitcoin dip took a downward toll an almost all the altcoins, the few that surged back have done this with a distinct significance. But it could still interpret to loss if converted to bitcoin or ethereum and left without being converted to the fiat value where it is more stabilized.
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?
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.
Actually no one can ensure that bitcoin moves slower or faster than altcoins. both of them are volatile and sometimes stable. so don't worry too much about this because altcoin can be more volatile or more stable. it all depends on the current market conditions right?
For today's prices, BTC has risen to the price of $ 4,124.76, and Alcoin has also increased, basically why BTC affects trading in the event that BTC is a partner for almost all altcoins
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.
Actually no one can ensure that bitcoin moves slower or faster than altcoins. both of them are volatile and sometimes stable. so don't worry too much about this because altcoin can be more volatile or more stable. it all depends on the current market conditions right?
THis because bitcoin market price is greater than other altcoins as it consist to more than 50% of its market cap volume in the market. If many are selling their bitcoins then others are buying also. This is the scenario why bitcoin market price is more stable compared to the altcoins. However, not all altcoins are highly volatile because USDT is one of the crypto that is the most stable now even compared to bitcoin.
There are some alts that are more stable than BTC but the reason is that they don't have as many people holding them as BTC. BTC is the golden standard right now and has the dominant market share. On the general graphic, it's almost always more stable.
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