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Topic: Bitcoin lead to Alternate coins ? - page 2. (Read 347 times)

member
Activity: 392
Merit: 13
June 25, 2019, 02:54:31 PM
#13
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.
full member
Activity: 258
Merit: 101
June 25, 2019, 01:50:52 PM
#12
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.
sr. member
Activity: 882
Merit: 269
June 25, 2019, 01:41:41 PM
#11
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.
In 2017 when bitcoin was pump to around $20,000 in December most of the alternative coins were trading far behind but in January 2018 when investors were selling off we see a very serious increase in coins like ripple, ethereum , zcash and even bitcoin cash. It means funds do flow from fiat to bitcoin and then a distribution to other coins.
sr. member
Activity: 1092
Merit: 250
June 25, 2019, 01:27:25 PM
#10
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.

simple why the value of altcoins decreasing when bitcoin price growing is because a lot of people converting their altcoins to bitcoin my friend
so when the sellers is stronger than the buyers, of course the price will decreasing,,
by the way, you don't have to worry, because altcoins price will growing and follow the rising on bitcoin soon my friend
member
Activity: 1008
Merit: 12
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June 25, 2019, 01:19:52 PM
#9
Bitcoin is un doubtedly the king of the crypto market so keeping that in mind we can safely say that btc will remain dominant over this market for a long long time if not forever so the movement in either direction of btc can effect altcoins both positively and negatively.
member
Activity: 330
Merit: 10
June 25, 2019, 01:09:59 PM
#8
Bitcoin isn’t going away anytime soon, and through the near future, it will most likely remain the premier global digital currency. Still, competitors for the best altcoin like ethereum and steem are offering very unique twists on digital currencies. Others, like Dash and Ethereum, may be more technically sound. As a result, these competing currencies may someday catch up to, or even surpass, bitcoin.
full member
Activity: 742
Merit: 101
June 25, 2019, 01:07:47 PM
#7
when bitcoin price surges altcoins price going down or it fall rapidly.. it happen all of the time.. if bitcoin price will do some correction the altcoin price will follow
full member
Activity: 406
Merit: 101
June 25, 2019, 12:42:16 PM
#6
Anything can happen.  But for some reason it seems to me that all coins will grow as long as Bitcoin grows.  Then everyone will fall on the correction.
hero member
Activity: 3150
Merit: 636
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June 25, 2019, 12:37:46 PM
#5
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 leads the market so it's essential to see that the altcoins are following the steps of it. But there are times that alts just won't follow bitcoin, normally there is logical pattern for both but sometimes an alternate pattern for both.

I think the growth of altcoins we will see a bit later when Bitcoin recovers a little and starts before the correction, then the growth of altcoins should begin.
Alt season haven't started yet so for alt lovers, patience is what we needed.
member
Activity: 713
Merit: 31
June 25, 2019, 12:12:24 PM
#4
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 has always been the case. When the Bitcoin price starts to move, the price of all altcoins is reduced. It doesn't matter if the Bitcoin price rises or falls. The bitcoin dominance figure is over 60% again. That's the bull's footstep!
sr. member
Activity: 630
Merit: 250
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June 25, 2019, 11:56:25 AM
#3
I think the growth of altcoins we will see a bit later when Bitcoin recovers a little and starts before the correction, then the growth of altcoins should begin.
full member
Activity: 1148
Merit: 116
June 25, 2019, 11:54:47 AM
#2
There is something called 'altcoins season' in crypto space which means that even if bitcoin surges to 30k altcoins might to instantly surge to 1000% gains but you will only see 10-30% gains and after sometime then the altcoin season will return with massive gains just like past history , I don't know if you are already in crypto space back in 2017 if you are you should notice that the last bullrun have been around since august 2017 with some bullish movements ,steady and growing till DEC 2017 and when we 2018 shows up altcoins started favouring big in that Jan 2018 so thats a perfect example of Altcoin season
copper member
Activity: 1120
Merit: 2
June 10, 2019, 12:05:01 AM
#1
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.
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