Bitcoin lead to Alternate coins ? | Bitcointalksearch.org

cahbagus555

member

Activity: 756

Merit: 12

Quote from: ttcsalam on June 10, 2019, 12:05:01 AM

I do not think that. With the increase in the price of bit coins, why the price of alt coins decreases. In some cases, I noticed that the cost of alt coins decreases along with the decrease in the price of bit Coins. This is the reason why I seen advice from the experts. Thank you so much for your valuable opinion.

Altcoin price movements always follow bitcoin and usually bitcoin leads the price movement. I think it also depends on the altcoin itself too, if the altcoin has a bright prospect sometimes the movement is different from bitcoin.

silver23

member

Activity: 574

Merit: 10

Bitcoin and Altcoin is different type.
Bitcoin lead altcoin i think the system is not like that, Bitcoin is center of cryptocurrency.
altcoin have a something progress self and make token follow that platform self.
for example if ETH have erc20 platform and token erc20 platform will automatic follow ETH growth.

Prettygirl01315

sr. member

Activity: 630

Merit: 250

Yes this is true bitcoin leads altcoins to increase because of the bitcoin dominance price. There are some coins or tokens that's are pumping but still when there's no buyer it will stick on following the increase of the bitcoin price with bitcoin altcoins are nothing

thiscomm

jr. member

Activity: 224

Merit: 2

I think this might happen because bitcoin has mastered most of crypto. and maybe all of the lower alt prices follow the bitcoin price because all investors only see the development of bitcoin.
so this might be very influential for Alt.

Botnake

hero member

Activity: 2856

Merit: 667

The price decrease because people are betting their money on bitcoin, when bitcoin continues to rise that would give easy money for them.
Also, you have to remember that bigger money are betting put in bitcoin in trading compared to altcoins, so eventually altcoins will be affected.

What we witness now is just a start of a bull run, it has rises over its ATH so that's the first stage of effect.
Soon, when bitcoin reaches a new ATH, FOMO is surely gonna happen and altcoins will also begin to rise, just don't be in a hurry, it will come at the right time.

Blue_oxen

full member

Activity: 515

Merit: 101

Quote from: olabiyijummy02 on June 25, 2019, 06:41:53 PM

Bitcoin has always been the safest coin to invest in and over the past few months it as also proven To be one of the most profitable.
Altcoins are good and some of them have really high price surges after the ICO or IEO. However this is not the case for all and cryptos sometimes an investor looses money. Bitcoin is ahead of the altcoins as an investment tool in my opinion.

Whether you invest any altcoin, it is important to keep more than 40% of Bitcoin assets as this is the only coin that can stabilize very well if the market has a large price increase. I think holding Bitcoin will always make you have a good profit and if you choose a long-term investment then selling at this price is still very low because the potential of this market is still great and if you are owning more than 1 BTC, you will soon become richer in the future because i believe that the BTC will soon reach $50,000 in the near future.

Tipstar

sr. member

Activity: 1890

Merit: 300

Vave.com - Crypto Casino

Quote from: bitcoinm3ster on June 25, 2019, 09:42:28 PM

Quote from: oktana on June 25, 2019, 06:44:21 PM

Well, what is certain is that when the price of Bitcoin falls, it will be followed by a fall in the price of Bitcoin, but the question is why prices tend to decline when the price of Bitcoin rises all because the dominance given by altcoin is still small so the trading volume is also small. it happens at altcoin too, but if the dominance of Bitcoin rises quickly then the altcoin price can be sure to place ATH or the bull season arrived.

Bitcoin is about to reach the threshold of slowing down and falling and that time will be the time when capital flow will flows into Altcoin

This hasn't been the case for recent falls. When the price of bitcoin falls, people prefer to hold that money in fiat equivalent than a crypto so they could buy back bitcoin when it reaches the bottom. Thus they starts buying stablecoins. Though we may consider stablecoin as an altcoin but they have no increase and value and hence bitcoin's dominance keeps on rising.

bitcoinm3ster

member

Activity: 409

Merit: 10

Join @Bountycloud for the best bounties!

Quote from: oktana on June 25, 2019, 06:44:21 PM

Well, what is certain is that when the price of Bitcoin falls, it will be followed by a fall in the price of Bitcoin, but the question is why prices tend to decline when the price of Bitcoin rises all because the dominance given by altcoin is still small so the trading volume is also small. it happens at altcoin too, but if the dominance of Bitcoin rises quickly then the altcoin price can be sure to place ATH or the bull season arrived.

Bitcoin is about to reach the threshold of slowing down and falling and that time will be the time when capital flow will flows into Altcoin

Dimas99

sr. member

Activity: 854

Merit: 251

Quote from: setialovers on June 25, 2019, 08:21:03 PM

Quote from: ttcsalam on June 10, 2019, 12:05:01 AM

I do not think that. With the increase in the price of bit coins, why the price of alt coins decreases. In some cases, I noticed that the cost of alt coins decreases along with the decrease in the price of bit Coins. This is the reason why I seen advice from the experts. Thank you so much for your valuable opinion.

Strengthening bitcoin must have an effect on the altcoin price for bitcoin. But againts US Dollars, good altcoins price will stay or increase slightly. I think it's normal because at the moment the price of bitcoin is rising very sharply

This has happened a long time ago when indeed the increase of bitcoin was very fast and big, so most altcoins will decline. because most people exchange to bitcoin. but usually it doesn't take long for altcoins to rise in price.

setialovers

member

Activity: 812

Merit: 11

Quote from: ttcsalam on June 10, 2019, 12:05:01 AM

I do not think that. With the increase in the price of bit coins, why the price of alt coins decreases. In some cases, I noticed that the cost of alt coins decreases along with the decrease in the price of bit Coins. This is the reason why I seen advice from the experts. Thank you so much for your valuable opinion.

Strengthening bitcoin must have an effect on the altcoin price for bitcoin. But againts US Dollars, good altcoins price will stay or increase slightly. I think it's normal because at the moment the price of bitcoin is rising very sharply

CutePanda

member

Activity: 658

Merit: 10

Quote from: shark69 on June 25, 2019, 01:50:52 PM

Because basically not all altcoins follow the bitcoin price trend. All crypto users love bitcoin, but not all crypto users like all types of altcoins.
They have different interests for other altcoins, this is the reason why prices are not always in tune with bitcoin.

Yeah it seems like a good reason why alcoins price is not following the uptrend price of bitcoin. And beside of that I think alcoins price is supposed to be rising a little bit slower from bitcoin because all of the investment at first will be targeting on bitcoin and then for altcoins.

Nalbo

full member

Activity: 874

Merit: 125

Quote from: ttcsalam on June 10, 2019, 12:05:01 AM

I do not think that. With the increase in the price of bit coins, why the price of alt coins decreases. In some cases, I noticed that the cost of alt coins decreases along with the decrease in the price of bit Coins. This is the reason why I seen advice from the experts. Thank you so much for your valuable opinion.

Bitcoin is the largest price coin, coin with largest marketcap, more valuation than the sum of all available alternate coins and the most popular pair when buying and selling altcoins.
So there are different metrics that takes the price of altcoins and bitcoin in the same direction. When bitcoin rises high, altcoins follow at a smaller rate but as the increment in bitcoin is larger, people tend to sell off their alts for bitcoin.

Differ

jr. member

Activity: 113

Merit: 2

IT, Sport, Crypto

Watch the percentage of bitcoin domination at the coinmarket.

And for diversification I advise a new crypto wallet.
Cloud Token (only the beginning of the project), read more about it here https://bitcointalksearch.org/topic/cloud-token-crypto-wallet-with-high-income-trend-5157220 , I advise you to sort out the topic so as not to blame yourself for the lost opportunity! 💪

P.S. The project token has the ability to do x10 before the end of the year.

oktana

sr. member

Activity: 1680

Merit: 288

Eloncoin.org - Mars, here we come!

Well, what is certain is that when the price of Bitcoin falls, it will be followed by a fall in the price of Bitcoin, but the question is why prices tend to decline when the price of Bitcoin rises all because the dominance given by altcoin is still small so the trading volume is also small. it happens at altcoin too, but if the dominance of Bitcoin rises quickly then the altcoin price can be sure to place ATH or the bull season arrived.

olabiyijummy02

member

Activity: 239

Merit: 17

Bitcoin has always been the safest coin to invest in and over the past few months it as also proven To be one of the most profitable.
Altcoins are good and some of them have really high price surges after the ICO or IEO. However this is not the case for all and cryptos sometimes an investor looses money. Bitcoin is ahead of the altcoins as an investment tool in my opinion.

TimeTeller

hero member

Activity: 2744

Merit: 588

Quote from: Distinctin on June 25, 2019, 05:28:43 PM

Quote from: Jamjamz30 on June 25, 2019, 05:14:15 PM

Quote from: ttcsalam on June 10, 2019, 12:05:01 AM

I do not think that. With the increase in the price of bit coins, why the price of alt coins decreases. In some cases, I noticed that the cost of alt coins decreases along with the decrease in the price of bit Coins. This is the reason why I seen advice from the experts. Thank you so much for your valuable opinion.

This is true. Bitcoin has increased almost 500%, but altcoins haven't. The only effect of bitcoin rally is that altcoins increase atleast aomehow. I don't know the reason for this.

We have to think that the market seems to be not at good now and isn't the perfect time for altcoins. But I believe altcoins will have its turns to rise up and follow bitcoin's remarkable increase, it only needs time to have it. We are half of the year and I know a lot of changes may happen later this year which possible to see that some altcoins will be doubling its current price in the coming days.

That would be true only if the altcoin has real potential in the market, working app/product with long list of users.
Most of the altcoins are not following the market performance of bitcoin because they don't have the real foundation in the first place.
They are clones of bitcoin or eth or other popular platforms. They can't manage to compete with established platforms even if they claim to be the next bitcoin or so.

Distinctin

hero member

Activity: 2926

Merit: 657

No dream is too big and no dreamer is too small

Quote from: Jamjamz30 on June 25, 2019, 05:14:15 PM

Quote from: ttcsalam on June 10, 2019, 12:05:01 AM

I do not think that. With the increase in the price of bit coins, why the price of alt coins decreases. In some cases, I noticed that the cost of alt coins decreases along with the decrease in the price of bit Coins. This is the reason why I seen advice from the experts. Thank you so much for your valuable opinion.

This is true. Bitcoin has increased almost 500%, but altcoins haven't. The only effect of bitcoin rally is that altcoins increase atleast aomehow. I don't know the reason for this.

We have to think that the market seems to be not at good now and isn't the perfect time for altcoins. But I believe altcoins will have its turns to rise up and follow bitcoin's remarkable increase, it only needs time to have it. We are half of the year and I know a lot of changes may happen later this year which possible to see that some altcoins will be doubling its current price in the coming days.

Jamjamz30

member

Activity: 332

Merit: 12

Quote from: ttcsalam on June 10, 2019, 12:05:01 AM

I do not think that. With the increase in the price of bit coins, why the price of alt coins decreases. In some cases, I noticed that the cost of alt coins decreases along with the decrease in the price of bit Coins. This is the reason why I seen advice from the experts. Thank you so much for your valuable opinion.

This is true. Bitcoin has increased almost 500%, but altcoins haven't. The only effect of bitcoin rally is that altcoins increase atleast aomehow. I don't know the reason for this.

94K

member

Activity: 350

Merit: 10

HiveNet - Distributed Cloud Computing

I think investors are in for different coins. Some are in for alternative coins while others are for bitcoin. In cryptocurrency, bitcoin serves as the standard for other coins to follow.

seggardinggins

full member

Activity: 616

Merit: 100

Quote from: atliens99 on June 25, 2019, 02:54:31 PM

Even satoshi would be in favor of altcoins, its why there is a section for them on this forum. Innovation is always welcome along with experimentation because no one is ever perfect.

Just like that, the fact that everything here is complementary to Bitcoin won't be able to stand alone so Altcoin is created and besides that we can see investors continue to grow. As big as or as small as a comparison can certainly be measured and there is always an answer.

Topic: Bitcoin lead to Alternate coins ? (Read 347 times)