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Topic: Bitcoin price pump, altcoins dump? (Read 2902 times)

full member
Activity: 138
Merit: 100
August 31, 2017, 07:49:01 AM
#92
As I see bitcoin slowly growing to 5k$.Altcoins go higher with price of btc.
sr. member
Activity: 686
Merit: 277
August 29, 2017, 02:23:41 AM
#91
Anyone who has stayed long enough in the crypto trading atmospshere will understand that this is not a new thing and the altcoin dump is not something common to all alt as there are some that will still break the odds and still increase. However, even the dumps also comes with its own window for one to buy in and invest because the downward trends is not something that will last forever.
Yeah sometimes it feels cryptocurrency market is a game of big whales ,
The number of coins traded sometimes could still easily pumped and dumped by a single trader ,
Speaking about when bitcoin get pumped and altcoin get dumped everytime ,
It's just an adjusment to the global price of cryptocurrency i think.
Indeed! It can’t happen by chance every time that altcoins follow the bitcoins. Bitcoins lead altcoins with proper planning and market support. Besides it is true that one big trader can easily affect the prices of coins and that is dangerous for small traders. These whales are somehow controlling the market.
sr. member
Activity: 1176
Merit: 250
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August 28, 2017, 10:27:02 AM
#90
Why do altcoins price dumping. When bitcoin price pump. Is there any explanation about this?
This type of situation happen when the investors are limited and they want to shift their money from one asset to another like nowadays the investors and withdrawing their money from altcoins and they are investing them in bitcoin as they know the price of bitcoin will now increase without any problem to them.
There is no explanation when there is a changes in bitcoin price and altcoin price in a inversely proportional scenario. It maybe a chance for it to happen because there is a differences between the stock of Bitcoin compare to other crypto-currency which is not related to the pumping and dumping price of each other. But one thing is for sure when Bitcoin price pump altcoin will have the chance to increased it price because most of altcoin depends on Bitcoin value.
It does happen, if altcoin prices depend on bitcoin prices because the volume of coins also has an effect. But indeed the rising bitcoin price causes the altcoin price reduction to be very reasonable.
sr. member
Activity: 672
Merit: 250
August 28, 2017, 10:21:37 AM
#89
Why do altcoins price dumping. When bitcoin price pump. Is there any explanation about this?
This type of situation happen when the investors are limited and they want to shift their money from one asset to another like nowadays the investors and withdrawing their money from altcoins and they are investing them in bitcoin as they know the price of bitcoin will now increase without any problem to them.
There is no explanation when there is a changes in bitcoin price and altcoin price in a inversely proportional scenario. It maybe a chance for it to happen because there is a differences between the stock of Bitcoin compare to other crypto-currency which is not related to the pumping and dumping price of each other. But one thing is for sure when Bitcoin price pump altcoin will have the chance to increased it price because most of altcoin depends on Bitcoin value.
legendary
Activity: 1484
Merit: 1004
August 28, 2017, 09:19:58 AM
#88
Anyone who has stayed long enough in the crypto trading atmospshere will understand that this is not a new thing and the altcoin dump is not something common to all alt as there are some that will still break the odds and still increase. However, even the dumps also comes with its own window for one to buy in and invest because the downward trends is not something that will last forever.
Yeah sometimes it feels cryptocurrency market is a game of big whales ,
The number of coins traded sometimes could still easily pumped and dumped by a single trader ,
Speaking about when bitcoin get pumped and altcoin get dumped everytime ,
It's just an adjusment to the global price of cryptocurrency i think.
hero member
Activity: 866
Merit: 1001
August 28, 2017, 08:32:16 AM
#87
Why do altcoins price dumping. When bitcoin price pump. Is there any explanation about this?
When bitcoin starts pumping,then altcoin holders immediately start selling their altcoins to buy bitcoins the price of which is rapidly increasing.They don't want to miss the train and so as a result of this,altcoins price start falling.
But in the same way,when bitcoin price falls down,many bitcoin holders start selling their bitcoins to buy altcoins so that they could increase their bitcoin value as altcoin price increases.Since altcoin is valued based on bitcoin,they do this as a result,altcoins price start increasing.
legendary
Activity: 2800
Merit: 2736
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August 28, 2017, 08:31:54 AM
#86
Why do altcoins price dumping. When bitcoin price pump. Is there any explanation about this?
Its not always pumps and dumps that affects the relationship between bitcoins and alts and this phenomeon is not proven yet because if this were true we would have had a situation where every pump of bitcoin would reflect a dip for altcoins and to be honest this isn't a mathematical equation either because some alts have a strong community which makes them resistant to such..
full member
Activity: 260
Merit: 217
August 28, 2017, 07:10:42 AM
#85
People just switch to BTC because the profit levels are higher. Once BTC stablises in price, the alts will pump hard. This pattern has occurred over and over countless times in the past few years.
sr. member
Activity: 2604
Merit: 338
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August 28, 2017, 06:32:57 AM
#84
I think we are in a good time for the altcoins now. Bitcoin is going to accumulate and the other coins a going to take profit from it
but i think that still we have good time to continue investing money in bitcoin.
It should be still nice to invest more in bitcoin instead of investing it into altcoin bitcoin are still in strong stage where there are many new comers and newbie come that i think more new comers will invest in bitcoin and the price can be increase more as i can seen the trends still stable and it can be increase more because of the more impressions in google and other search engine and social medias..
So the price can be possible to increase more and if you sell you will regret not buying bitcoins..
Agree, investing in bitcoin is a good idea for you if you're considering between BTC and order kind of investments (selling stuff, houses,...) because I think the increasing trend of bitcoin was very incredible, I mean more and more people know about bitcoin, the price is bumping day by day and many things could be paid by bitcoin nowadays. But I'm still keep my thought that if you invest in cryptocurrency, you should choose altcoins rather than bitcoin, because the speed of them are faster than bitcoin.
Comparing the movement or volatility of bitcoin and altcoin they do really differ but its not really wise to say that we should choose alts instead of bitcoin since we do usually exchange those altcoin to bitcoin later on because this is the only way we can convert it for sure. Price pumps do really matter on adoption and dumps is when there is profit taking happening on the field.
member
Activity: 167
Merit: 10
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August 28, 2017, 05:54:14 AM
#83
I think we are in a good time for the altcoins now. Bitcoin is going to accumulate and the other coins a going to take profit from it
but i think that still we have good time to continue investing money in bitcoin.
It should be still nice to invest more in bitcoin instead of investing it into altcoin bitcoin are still in strong stage where there are many new comers and newbie come that i think more new comers will invest in bitcoin and the price can be increase more as i can seen the trends still stable and it can be increase more because of the more impressions in google and other search engine and social medias..
So the price can be possible to increase more and if you sell you will regret not buying bitcoins..
Agree, investing in bitcoin is a good idea for you if you're considering between BTC and order kind of investments (selling stuff, houses,...) because I think the increasing trend of bitcoin was very incredible, I mean more and more people know about bitcoin, the price is bumping day by day and many things could be paid by bitcoin nowadays. But I'm still keep my thought that if you invest in cryptocurrency, you should choose altcoins rather than bitcoin, because the speed of them are faster than bitcoin.
sr. member
Activity: 476
Merit: 254
August 23, 2017, 02:48:03 AM
#82
Anyone who has stayed long enough in the crypto trading atmospshere will understand that this is not a new thing and the altcoin dump is not something common to all alt as there are some that will still break the odds and still increase. However, even the dumps also comes with its own window for one to buy in and invest because the downward trends is not something that will last forever.
sr. member
Activity: 1680
Merit: 259
August 23, 2017, 02:25:49 AM
#81
Why do altcoins price dumping. When bitcoin price pump. Is there any explanation about this?

Dump and pump, no one can understand about that. Investor or trader only can give you the usual reason, those coins always connected even sometimes their price moving to the same direction. Basically, only that reason we have and until now, become our consideration to make decision about our trading/ investment. Keep trying to understand market will always we can do but manage our money and control mindset is important. When dump just buy it and when pump let's sell it. When and how much we can trade/ invest only your experience will answer that question. Have a nice day.
   
full member
Activity: 936
Merit: 100
August 22, 2017, 10:56:43 PM
#80
I think it's normal, because the movement of the price of bitcoin as coins the main. so if bitcoin rises then the price of altcoin will be down. if you want to price of the altcoin goes up then would not want to wait for the bitcoin price a bit on the lowest point
hero member
Activity: 672
Merit: 500
August 22, 2017, 04:30:48 PM
#79
Why do altcoins price dumping. When bitcoin price pump. Is there any explanation about this?
because altcoin price who compare with bitcoin leave behind, if the bitcoin pump, the value of other altcoin become decrease, Rather like fire and water, If the fire is extinguished then the water fills it and if the fire is on then the water will dry out.
Yes like fire and water scenario, bitcoin and altcoin have relation. It happens due to decreasing of altcoin whenever bitcoin price increases. They have a comparison against each other so whenever one raise the other have to fall down most of cases. Bitcoins are never ever going to let altcoins surpass them.
full member
Activity: 350
Merit: 100
August 22, 2017, 08:26:24 AM
#78
Why do altcoins price dumping. When bitcoin price pump. Is there any explanation about this?
because altcoin price who compare with bitcoin leave behind, if the bitcoin pump, the value of other altcoin become decrease, Rather like fire and water, If the fire is extinguished then the water fills it and if the fire is on then the water will dry out.

Indeed.prices of altcoins will always be linked to how bitcoin fares in the market. Of course with bitcoin surging, people would look less into alts for making profit and focus more on a much safer btc

Yes today all altcoins price and Bitcoin price is falling. After few weeks again the Bitcoin price came under $4k. I think it may have a chance to go still down.So we may get one more chance to buy bitcoins at a low price. You are interested in investing in altcoins then it is the right time. Check the price and buy coins. I am buying some more waves.

Now I see how the bitcoin price is going down, but I do not see how the price of alternative coins is going up. Maybe the market will react a little later.
I'm already sick of the fact that all alternative coins are getting cheaper. Trade is very difficult lately)
legendary
Activity: 1428
Merit: 1000
August 22, 2017, 06:54:32 AM
#77
Why do altcoins price dumping. When bitcoin price pump. Is there any explanation about this?
because altcoin price who compare with bitcoin leave behind, if the bitcoin pump, the value of other altcoin become decrease, Rather like fire and water, If the fire is extinguished then the water fills it and if the fire is on then the water will dry out.

Indeed.prices of altcoins will always be linked to how bitcoin fares in the market. Of course with bitcoin surging, people would look less into alts for making profit and focus more on a much safer btc

Yes today all altcoins price and Bitcoin price is falling. After few weeks again the Bitcoin price came under $4k. I think it may have a chance to go still down.So we may get one more chance to buy bitcoins at a low price. You are interested in investing in altcoins then it is the right time. Check the price and buy coins. I am buying some more waves.
hero member
Activity: 1246
Merit: 529
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August 22, 2017, 06:21:29 AM
#76
Why do altcoins price dumping. When bitcoin price pump. Is there any explanation about this?
because altcoin price who compare with bitcoin leave behind, if the bitcoin pump, the value of other altcoin become decrease, Rather like fire and water, If the fire is extinguished then the water fills it and if the fire is on then the water will dry out.

Indeed.prices of altcoins will always be linked to how bitcoin fares in the market. Of course with bitcoin surging, people would look less into alts for making profit and focus more on a much safer btc
full member
Activity: 224
Merit: 100
August 22, 2017, 02:55:18 AM
#75
Why do altcoins price dumping. When bitcoin price pump. Is there any explanation about this?
because altcoin price who compare with bitcoin leave behind, if the bitcoin pump, the value of other altcoin become decrease, Rather like fire and water, If the fire is extinguished then the water fills it and if the fire is on then the water will dry out.
legendary
Activity: 3080
Merit: 1353
August 21, 2017, 11:13:57 PM
#74
I think we are in a good time for the altcoins now. Bitcoin is going to accumulate and the other coins a going to take profit from it
but i think that still we have good time to continue investing money in bitcoin.
It should be still nice to invest more in bitcoin instead of investing it into altcoin bitcoin are still in strong stage where there are many new comers and newbie come that i think more new comers will invest in bitcoin and the price can be increase more as i can seen the trends still stable and it can be increase more because of the more impressions in google and other search engine and social medias..
So the price can be possible to increase more and if you sell you will regret not buying bitcoins..

I agree, your trading portfolio should be around 50-60% for bitcoin and the rest altcoins like ETH or LTC is a best bet. I think for newbies, is really best to go to bitcoin instead of altcoin simply because altcoin can be manipulated easily. We have seen multiple Pump and Dump groups here so I guess you know what their functions are. I'm not saying that there are no manipulations from behind in bitcoin, but is really hard to do it now because a lot of big investors are into it and no one can total control of the number of bitcoins now. So for newbies, bitcoin is the best if you are going to ask me.
full member
Activity: 392
Merit: 100
August 21, 2017, 11:10:26 PM
#73
When the price of altcoins dump, its the best way to buy coins because it will eventually rise and you will earn a lot and make all your investment double or tripple.
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